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Bitcoin => Bitcoin Discussion => Topic started by: FightThePower on August 05, 2020, 07:47:59 AM



Title: Thoughts on new ATH
Post by: FightThePower on August 05, 2020, 07:47:59 AM
What are peoples thoughts and expectations on the next ATH. Obviously impossible to predict I'm just curious to hear what others expect. Some have made the point that the trough to peak has reduced 20%-30% although there could be other factors this time round that push the price higher

Will the economic fallout from covid create a perfect storm?

Will more adoption be significant

Institutional interest

What are peoples thoughts and expectations


Title: Re: Thoughts on new ATH
Post by: 20kevin20 on August 05, 2020, 08:09:57 AM
My personal prediction is around $100k, give or take $20k. :) The post-virus effects aren't here yet. I do feel like the governments (at least mine) are starting to kinda struggle with the financial resources though, and that's surely not going to look well in a matter of months/years. This is part of the reason my hopes are up right now for BTC price-wise. Don't expect those trillions of USD that've been printed recently not to have a strong side effect on the longer term economy.

Adoption levels.. they're on an increase apparently, but I don't like the way it's being adopted and regulated at all. But for pure speculation purposes, I'd be bullish on BTC considering the adoption as well. Banks will most likely soon enough start pushing for BTC integration as well, which for the average person is amazing news. I mean, besides those recent hacks (for which BTC isn't even to blame), do we have bad news at all? If your answer is no as well, then so far it looks like the future is quite bright.


Title: Re: Thoughts on new ATH
Post by: bgaf on August 05, 2020, 08:19:27 AM
My prediction is its gonna be near its previous ATH and if got lucky it can surpass 20k level. Im sure many have think of the same, and keep buying. Maybe it sound fomo but even with pandemic the market started to recover and continue to increase from its all time crash last 4months.

With regards to adoption, I think more and more institutional group and companies will be interested to integrate blockchain, of course their first choice is bitcoin as most influential one and could be globally used like a real money. Digital currency is surely the future currency no doubt about that.


Title: Re: Thoughts on new ATH
Post by: Cnut237 on August 05, 2020, 08:50:57 AM
I'm not sure we'll reach a new ATH any time soon. And probably that sort of sudden, meteoric rise is not desirable anyway as it wouldn't be sustainable. It is probably better to have a slow, steady rise... that way we avoid the huge downturn like we saw in 2018. So I would hope that when we do get a new ATH, it is more like $30k than like $100k. And I suppose in theory, if the movement is slower, then as there is time for adoption to increase, then volumes will increase too, and we will see less volatility. I just don't think we should want too much, too soon.


Title: Re: Thoughts on new ATH
Post by: Charles-Tim on August 05, 2020, 09:07:52 AM
Will the economic fallout from covid create a perfect storm?
There was a time during the covid 19 pandemic in March 20120, the price of btc dropped abruptly from $10500 to as low as $3600. But, later, the price increase and  reached over $11000 with a very strong support. I do not see any storm coming this year again but for the price to increase, even if the increase is not abruptly. 

Will more adoption be significant
In the world, how many people are having bitcoin now?
How many bitcoin ATMs are we having? This answer you question. People get to know and embrace or people yet to embrace bitcoin are so many, bitcoin will still increase in price and the increase will be significant.

What are peoples thoughts and expectations
My expectation is that bitcoin adoption will increase, this will increase bitcoin marketcap and also market price will increase proportionally. Bitcoin price will still get to new all time high. But that does not mean that bitcoin will not increase and decrease in price but the increase over long time will surpass the decrease.


Title: Re: Thoughts on new ATH
Post by: rodskee on August 05, 2020, 09:11:06 AM
What are peoples thoughts and expectations on the next ATH. Obviously impossible to predict I'm just curious to hear what others expect. Some have made the point that the trough to peak has reduced 20%-30% although there could be other factors this time round that push the price higher

You are right, there are still other factors that might influenced this new bitcoin ATH
as always, expect sideways.


Will the economic fallout from covid create a perfect storm?

One of the good things that happened to this industry, during this pandemic digital money
has been very useful including crypto.

Will more adoption be significant

This really be the big turning point, if more adoptions will take place we will see higher
chance to achieved new ATH

Institutional interest

For this one, though there's also reflections to the price but it's also prone to manipulations.


What are peoples thoughts and expectations

There are lots of opinions regarding this but for sure  most of us wants to see more positive movements.


Title: Re: Thoughts on new ATH
Post by: kryptqnick on August 05, 2020, 09:22:56 AM
I'm not sure we'll reach a new ATH any time soon. And probably that sort of sudden, meteoric rise is not desirable anyway as it wouldn't be sustainable. It is probably better to have a slow, steady rise... that way we avoid the huge downturn like we saw in 2018. So I would hope that when we do get a new ATH, it is more like $30k than like $100k. And I suppose in theory, if the movement is slower, then as there is time for adoption to increase, then volumes will increase too, and we will see less volatility. I just don't think we should want too much, too soon.
I went on a one-week vacation and didn't check how cryptos were doing, and it was a big surprise for me that Bitcoin is between $11k and $12k now, after struggling between $9k and $10k for a long time. It's been a year since it reached such a high price! And from what I've read there doesn't seem to be an obvious reason why it went up like that. So if Bitcoin can do that, I don't see why it cannot go on a rally up to $20k in the next month. I do agree that it's not a very desirable thing, though. The fees would get beyond reasonable, transactions would remain unconfirmed for hours, and Bitcoin might then explode down to $6k, and we'd be back in January 2018...


Title: Re: Thoughts on new ATH
Post by: btc_angela on August 05, 2020, 09:29:42 AM
What are peoples thoughts and expectations on the next ATH. Obviously impossible to predict I'm just curious to hear what others expect. Some have made the point that the trough to peak has reduced 20%-30% although there could be other factors this time round that push the price higher

I'll give a ball park number of around $70k

Will the economic fallout from covid create a perfect storm?

I wouldn't say it is a perfect storm, but investors are looking for something to put their wealth in this pandemic, so perhaps bitcoin might be a good case for them.

Will more adoption be significant

Institutional interest

Definitely, there's some correlation between if we wanted to see ATH in the future, more money coming from institutions to flow into the ecosystem.


Title: Re: Thoughts on new ATH
Post by: Oasisman on August 05, 2020, 09:31:13 AM
I'm not sure we'll reach a new ATH any time soon. And probably that sort of sudden, meteoric rise is not desirable anyway as it wouldn't be sustainable. It is probably better to have a slow, steady rise... that way we avoid the huge downturn like we saw in 2018. So I would hope that when we do get a new ATH, it is more like $30k than like $100k. And I suppose in theory, if the movement is slower, then as there is time for adoption to increase, then volumes will increase too, and we will see less volatility. I just don't think we should want too much, too soon.

So what is your thoughts about a sudden price surge? Is it the whales pouring massive amount of money to Btc or was It an overwhelming number of adoption?
Nevertheless, the slow rise seems a good motion to avoid anxiety in selling your Btc, than a sudden rise that leads to quick selling (specially the weak hands).
Technically, when the price suddenly rise, It also does more adoption as people will be jumping with the hype like the 2017 ATH. So, either way may it be slow or sudden rise, the number of adoption will increase.


Title: Re: Thoughts on new ATH
Post by: rajsimran on August 05, 2020, 09:37:43 AM
My expectation is bitcoin will hit 25k$ in this year. I think the COVID effect is not a big issue for bitcoin & others crypto. If you see the history you will find that in this Pandemic bitcoin raised more. Also, this year bitcoin halved so there is a high chance for bitcoin to reach new ATH.


Title: Re: Thoughts on new ATH
Post by: meanwords on August 05, 2020, 09:57:12 AM
Will the economic fallout from covid create a perfect storm?
There was a time during the covid 19 pandemic in March 20120, the price of btc dropped abruptly from $10500 to as low as $3600. But, later, the price increase and  reached over $11000 with a very strong support. I do not see any storm coming this year again but for the price to increase, even if the increase is not abruptly. 

That was when the plustoken scam dumping happened. It was probably one of the best time to buy Bitcoin when the market was in turmoil. Though the market is bullish right now, this kind of event might reverse it again now that you've mentioned it.

I'd say we'd have a place in $15,000 this year. That's the realistic price I can see as of now.


Title: Re: Thoughts on new ATH
Post by: hd49728 on August 05, 2020, 11:18:35 AM
I'd say we'd have a place in $15,000 this year. That's the realistic price I can see as of now.
I think so too. Bitcoin will warm up again in early 2021 and in the second quarter (beginning or end) we will be able to see a next bull run of bitcoin. That one will put bitcoin into a fully bull run period. In this year I don't think bitcoin can be able to climb up to around $20k. It has climb too high from the bottom in February and need to find a stop station. Take a rest, and warm up, climb up again months later.


Title: Re: Thoughts on new ATH
Post by: boyptc on August 05, 2020, 11:24:26 AM
The halving.

The effect of it looks start to take effect.

No certain timeframe but I'm also counting in for the same all-time high price and higher. $20k - $100k.  Interest from the institutions are higher this time.


Title: Re: Thoughts on new ATH
Post by: Bitstar_coin on August 05, 2020, 11:43:48 AM
Yeah most definitely institutional interest will play a bigger role in the upcoming market and probably will result to a new ath surpassing the previous, I have the feeling it will be more than 20k this time but can't put a specific price, every time we hear new institution getting involve in crypto will a long way to impact the market positively.


Title: Re: Thoughts on new ATH
Post by: veznata on August 05, 2020, 11:52:06 AM
i am one of these people who didn't cash out a penny during previous ATH price. This time i will not make the same mistake. we all know how many price forecasts are there online. just to mention a fact that may seem funny and unserious to many but i hope it may be true..... nearly 1.5 year ago i had a dream in my sleep. prices about 108K repeated three times in a row followed by a red stop sign (X) flashing each time. i don't know what this exactly means neither if this if the price in USD or my local  currency which today exchanges for 0.61 USD.


Title: Re: Thoughts on new ATH
Post by: minairia3 on August 05, 2020, 12:04:39 PM
My expectation is bitcoin will hit 25k$ in this year. I think the COVID effect is not a big issue for bitcoin & others crypto. If you see the history you will find that in this Pandemic bitcoin raised more. Also, this year bitcoin halved so there is a high chance for bitcoin to reach new ATH.
Bitcoin halving event does not take effect suddenly. It has also affect some of the miners making them quit. Their rewards has been cut in half and adjustment is imminent for this. I believe btc price will increase but it will take a while maybe 2 or 3 years to see it on a good price. 20k, 30k, 40k, and even 100k is possible and Im hoping for this price too but it will not happened over a year. It will be needign twice or more of the currenct market cap now.


Title: Re: Thoughts on new ATH
Post by: audaciousbeing on August 05, 2020, 12:07:17 PM
What are peoples thoughts and expectations on the next ATH. Obviously impossible to predict I'm just curious to hear what others expect. Some have made the point that the trough to peak has reduced 20%-30% although there could be other factors this time round that push the price higher

Will the economic fallout from covid create a perfect storm?

Will more adoption be significant

Institutional interest

What are peoples thoughts and expectations

I think its too early to be having thoughts about a new ATH simply because the last ATH has not been broken yet and the joruney to that is still very far for one to start having thoughts over. I am sure people who bought when the price was $20,000 would have a separate understanding about what ATH is all about and they are the ones that should be the deciding factor in determining whether we have reached a new point or we are looking to achieve that.


Title: Re: Thoughts on new ATH
Post by: Wexnident on August 05, 2020, 12:08:50 PM
$50k? Or something close to that. I'd like to think I'm already dreaming big but a lot of people out there actually hope for Bitcoin to go up to $100k or more. Don't blame them though, Bitcoin has surpassed most people's expectations whenever it comes to its ATH after a significant time of it's halving. Though countries are still experiencing a lot of problems with their financial situations and as such, I think people are looking for something to hopefully evade the repercussions of the situation, aka escaping into Bitcoin so they can save their money.

Add that to how Bitcoin is showing positive growth right now, at a constant steady rate, you can expect that at the minimum, it'd reach its last ATH by next year. The question is to how much would it actually go up from there, and well, it depends on how people react to it and whether the price would actually be a result of steady movement or another bubble.


Title: Re: Thoughts on new ATH
Post by: DabsPoorVersion on August 05, 2020, 12:12:01 PM
My expectation is that, bitcoin will reach the price of its previous ath by this year,

Then after that a few correction will surely happen and then the new ATH will be hit arount $30-$40k. I don't expect too much but if ever that the bitcoin will reach higher than that, I think it is expected as we all know that bitcoin is really valuable.


Title: Re: Thoughts on new ATH
Post by: Ayiranorea on August 05, 2020, 12:30:33 PM
Till the year 2017 the price increase didn't happen big. There was gradual increase in the price of bitcoin. All of the sudden the growth happened in large scale in the denomination of $1000. By the time the prediction for the bitcoin price was around $6000 - $8000, but the growth made it reach $20000. From there the expectation among people kept growing and then we haven't experienced a new ATH. Possibly we can experience this in few years of time.


Title: Re: Thoughts on new ATH
Post by: NavI_027 on August 05, 2020, 01:13:32 PM
What are peoples thoughts and expectations on the next ATH. Obviously impossible to predict I'm just curious to hear what others expect.
I know most of the investors have now ideas building on their minds regarding the next ATH. Well, I can't blame them because that's what all tend to think due to the recent price hike. But me? I'm not expecting. Don't get me wrong, I do feel btc make a great bounce back as well. I just refuse to expect any particular price as much as can because it hurts me if ever not happened ;D.

But in all of the predictions I heard, $15k sounds the most reasonable since it's close to the current price. Plus, not too hard to attain within the remaining 4 months.


Title: Re: Thoughts on new ATH
Post by: Kakmakr on August 05, 2020, 01:20:56 PM
Someone told me the other day that they are not worried about the next ATH, they are using Bitcoin as a currency and that it does not matter what the price is, but in a way they are wrong. When you first bought bitcoins, you bought it at a specific price (let's say $10 000/BTC for this example) ....so if you do not spend it immediately.. and the price goes down to say $9000 ...then you would lose $1000 in spending value.

The opposite is also true... if the price goes up to say $11 000 ... you have $1000 more to spend.. This is why the next ATH is important, because people want to maximize their "spending value"  ;)   (Even if they do not convert it back to Fiat currencies and just pay with bitcoins)


Title: Re: Thoughts on new ATH
Post by: supine on August 05, 2020, 01:40:33 PM
My thoughts and expectation for the next Bitcoin ATH is that the price would be around $21-25K I don't have any date for it because I want it to build a good support to sustain it on that price.
I don't want to just hit another ATH and collapse again just like what happen to the current ATH.


Title: Re: Thoughts on new ATH
Post by: Debonaire217 on August 05, 2020, 02:20:13 PM
My expectation is that, bitcoin will reach the price of its previous ath by this year,

Then after that a few correction will surely happen and then the new ATH will be hit arount $30-$40k. I don't expect too much but if ever that the bitcoin will reach higher than that, I think it is expected as we all know that bitcoin is really valuable.

Perhaps, we can see that most of the altcoins now are increasing that could be resulted from IEOS, and demands from investors, I also have friends that are already buying altcoins because of the good market condition, if bitcoin is still not reaching ATH, it is because there's lack of events that could drive investors to buy bitcoin.

So far, I am already happy that cryptocurrency marketcap as a whole is showing good prices which is still good for bitcoin, as for me, the higher the cryptocurrency market cap, the higher the price of bitcoin will be, if it shows bullish trend since most people might sell their holdings.


Title: Re: Thoughts on new ATH
Post by: FightThePower on August 05, 2020, 05:37:55 PM
I'm 32 I bought bitcoin because I hope in 10 to 15 years I can retire in my 40s.

The I'm looking at it is that right now the market cap of bitcoin is a fraction of that of gold. Right now the most likely investors, hedge fund managers, institutional decision makers and people with money to invest are usually in their 40s to 50s

 Fast forward 10 years time wealth will have shifted to the mellenials and a large number of investors and decision makers will be of the mellenial generation. This gen are more likley to invest in digital assets than people from older generations. Hence I can see the market cap of crypto eventually closing the gap on gold.

Perhaps one day owning 1 full bitcoin will be out of reach for the average person that is unless you got it early.

That's my hope


Title: Re: Thoughts on new ATH
Post by: carlisle1 on August 05, 2020, 07:12:43 PM
My thoughts and expectation for the next Bitcoin ATH is that the price would be around $21-25K I don't have any date for it because I want it to build a good support to sustain it on that price.
I don't want to just hit another ATH and collapse again just like what happen to the current ATH.

Happy the way bitcoin has moved and broke that 10k level marks as it has been on those levels for months before it can cross it. Also, the way it touched 12k gives hope for many people that bounce back is very much possible and we will see some highs again for this year. ATH should also happen but when is that could happen is uncertain.


We should enjoy what we are seeing right now and stay focused with what bitcoin will deliver.

High chance that there might be another good run after touching the $12k, a test and will try to do it over and over till it breaks it reach another position.

Everything depends from investors from how they will treat this action and keep the fire continue
a better chance to everyone who entrust their investment with this asset.


Title: Re: Thoughts on new ATH
Post by: pixie85 on August 05, 2020, 07:30:56 PM
Bitcoin operates in cycles ob bull and bear markets that correlate with the halvings. Last halving was followed by a bull market and ended with the longest bear market in history. Now we are past another halving and in the new bull market.

Since bull markets also take longer it's safe to assume we will reach a new ATH or at least touch the old ATH in the next 2 years.

I don't think that covid will have anything to do with it. It will happen anyway.


Title: Re: Thoughts on new ATH
Post by: 7788bitcoin on August 05, 2020, 07:41:31 PM
I never had any expectation for short term valuation but in the long term there is no doubt that the price would soar to new heights, right now if you look at the market the support is really strong and whenever there is a major sell off there are strong handing buying those coins which is a really great sign that the price would move higher but to reach its all time high valuation or even reach those levels there is plenty of time but if there is a sudden pump in price i do not mind booking my profits ;D.


Title: Re: Thoughts on new ATH
Post by: pixie85 on August 05, 2020, 08:01:30 PM
I'm 32 I bought bitcoin because I hope in 10 to 15 years I can retire in my 40s.

The I'm looking at it is that right now the market cap of bitcoin is a fraction of that of gold. Right now the most likely investors, hedge fund managers, institutional decision makers and people with money to invest are usually in their 40s to 50s

 Fast forward 10 years time wealth will have shifted to the mellenials and a large number of investors and decision makers will be of the mellenial generation. This gen are more likley to invest in digital assets than people from older generations. Hence I can see the market cap of crypto eventually closing the gap on gold.

Perhaps one day owning 1 full bitcoin will be out of reach for the average person that is unless you got it early.

That's my hope

So you bought 1 Bitcoin and hope that you'll be able to retire on it?

I hope you'll succeed but I wouldn't bet on it. I hope you'll have some other retirement funds to lean on because it will be difficult for Bitcoin to reach the levels some bulls are predicting like 200 thousand dollars or 1 million. 50 thousand is probable but is it enough for retirement?


Title: Re: Thoughts on new ATH
Post by: Gotumoot on August 05, 2020, 08:05:48 PM
I think we are still far from seeing a new ATH so there is no need to be excited but I think we all wants to see it happen as soon as possible.
I also wants to know how much bigger would be our next ATH would be compared to our current ATH and how long would it stay at that price.


Title: Re: Thoughts on new ATH
Post by: LUCKMCFLY on August 05, 2020, 09:45:14 PM
In the current moments to wait for a new ATH is possible, but it would be very helpful to overcome some fundamentals such as healing the Covid-19 and thus generate confidence in investors.

It is a fact that more new people have entered the Bitcoin market, adoption is a fact, in addition to the price that has remained at a good level, to think of a new ATH, at least 70% of Bitcoins must be accumulated per part of the whales, and in that way go up the price little by little, if the last ATH was in the order of $ 20k we could talk about a much juicier new ATH.

According to some important investors and personalities such as Robert Kiyosaki, it is a great time for investing in Bitcoin, because in the future it can also be considered a haven of money against possible falls in the world economy.


Title: Re: Thoughts on new ATH
Post by: TravelMug on August 06, 2020, 03:39:01 AM
My thoughts and expectation for the next Bitcoin ATH is that the price would be around $21-25K I don't have any date for it because I want it to build a good support to sustain it on that price.
I don't want to just hit another ATH and collapse again just like what happen to the current ATH.

That's too conservative estimates, remember that we hit almost $20k, so your prediction might be hit this year or early next year. I understand your concern, we have this happened back in 2017, but there's also what we call cycles here, boom and bust, bubble and burst. And there's no such thing as sustainable price or the price going on a parabolic rise.

Better be ready though, I'm seeing around $50k-$70k or even higher if we went on another bubble in the next couple of years.


Title: Re: Thoughts on new ATH
Post by: Shasha80 on August 06, 2020, 04:13:55 AM
Naturally, if you expect a new all time high, because I also think so. With the current performance of Bitcoin which is getting better.
Of course many people hope that there will be a new all time high in the near future, if you look at the price of Bitcoin which has started
stable above $ 11,000. At least Bitcoin this year will be able to return to the price of $ 20k, and many institutional firms are investing
in Bitcoin. The price of $ 50,000 can be reached in 2021 as a new all time high.


Title: Re: Thoughts on new ATH
Post by: Bezobraznike on August 06, 2020, 04:58:41 AM
Till the year 2017 the price increase didn't happen big. There was gradual increase in the price of bitcoin. All of the sudden the growth happened in large scale in the denomination of $1000. By the time the prediction for the bitcoin price was around $6000 - $8000, but the growth made it reach $20000. From there the expectation among people kept growing and then we haven't experienced a new ATH. Possibly we can experience this in few years of time.

   It's harder to rise from zero to $1000, than from $8k to $20k! I don't wish to bother you with percents, but what bitcoin did before 2017
was much bigger and more important.
    My thought about new ATH is that we can expect that to happen! When exactly I don't know, I am ready for waiting, if it happens this
year it will be great, but even if we need to wait next year, or the one after it's not matter for me, I am equipped with patience and
ready for waiting.
   


Title: Re: Thoughts on new ATH
Post by: zasad@ on August 06, 2020, 01:08:51 PM
Bitcoin is gradually being legalized all over the world. The influence of miners on the price decreases with each halving.
More than 20 million bitcoins will be mined in 2028. What interests me most is what price will be in 2028?
Over the next 4 years, crypto technologies will develop rapidly, we will get decentralized blockchains with speeds of 1000-10000 TPS. Cryptocurrency payment systems will start competing with banks.


Title: Re: Thoughts on new ATH
Post by: Qcrypto on August 06, 2020, 01:14:19 PM
I started the very same topic recently. You might find some more predictions here https://bitcointalk.org/index.php?topic=5265902.msg54909135#msg54909135


Title: Re: Thoughts on new ATH
Post by: Assface16678 on August 06, 2020, 01:30:54 PM
Just the same with other people but still I don't want to fail my expectation on the market price of the coin right now some of the people expecting over 20k dollars but for me, I think it will go on for over 15k dollar is just a huge market income because I already make an entry when the market price of the coin falls down into 3k.

Back to the question still I think if this 12k previous market price will break the resistance it will going up towards the 15k and 20k market mark and by this year we will except again a good outcome. Still hoping.


Title: Re: Thoughts on new ATH
Post by: bearexin on August 06, 2020, 04:19:07 PM
What are peoples thoughts and expectations on the next ATH. Obviously impossible to predict I'm just curious to hear what others expect. Some have made the point that the trough to peak has reduced 20%-30% although there could be other factors this time round that push the price higher

Will the economic fallout from covid create a perfect storm?

Will more adoption be significant

Institutional interest

What are peoples thoughts and expectations
I am really tired of people always trying to associate everything that happens with Bitcoin price being bullish. Before the Coronavirus pandemic started, everyone was talking about the next Halving, now it seems they have all forgotten about the Halving and are now talking about how Coronavirus will make people adopt cryptocurrencies (Bitcoin especially) and lead to a bull run. Let’s be sincere here, if there is anything that is going to make people adopt Bitcoin, it’s not going to be Coronavirus, like being serious this situation will even cause people to be selling whatsoever assets they have in their possession.

Basically bitcoin do have 4 year cycle which usually starts after every halving, people do remember this secret do start investing right now to catch cheaper prices before everyone else. This usually trigger FOMO which must be the primary factor for all bitcoin rally and mostly it will end up in bubbling of prices.


Title: Re: Thoughts on new ATH
Post by: Leviathan.007 on August 06, 2020, 05:01:33 PM
Anyone can do prediction according to some theories. The thing is crisis effect on Bitcoin price is already done and there is currently not any negative fundamentals important news to effect the price also Bitcoin already passed many important resistance areas. so, there nothing to stop the price right now. That's why in my own idea bitcoin can see 30K on this ATH easily. However, it depends on Bitcoin whales, if they start dump, in order to buy for lower prices 20K can be final destination for ATH. 


Title: Re: Thoughts on new ATH
Post by: Sanugarid on August 06, 2020, 05:08:18 PM
I just pulled my bitcoins earlier at $11,800 coz I feel that there will be a dump in the next 2 to 3 days, and I'll just buy again when it reaches the price support ( I hope I'm able to buy that time) I can do it easily with my local wallet, I can just convert it to bitcoins whenever I want. This is just my prediction, if this will not happen then I'm gonna punch myself straight. I see it going down to $9.5K and pump again to $13,000. Then from $13k it will dump to $10,800 and will rise to $15K. I'm gonna scream if this happens. However I'm not feeling a new ATH this year, a negative call for me though I quite hope for it.


Title: Re: Thoughts on new ATH
Post by: Reatim on August 06, 2020, 05:13:32 PM
Anyone can do prediction according to some theories.

Exactly! Everyone have their own respective predictions.

Quote
The thing is crisis effect on Bitcoin price is already done and there is currently not any negative fundamentals important news to effect the price also Bitcoin already passed many important resistance areas.

It's indicating that there's good potentials that bitcoin will continue to move up and reach higher value, if all the support
barrier will stay strong and new money will be inside. expect a good high to come.

Quote
So, there nothing to stop the price right now. That's why in my own idea bitcoin can see 30K on this ATH easily.

Slowly but it's moving upwards and still gaining more investment that let it to stay in a positive position.

Quote
However, it depends on Bitcoin whales, if they start dump, in order to buy for lower prices 20K can be final destination for ATH. 

Another thing, whales who have a lots of bag holds can shake it up and sadly

there are still weak holders who keeps on
following this move.


Title: Re: Thoughts on new ATH
Post by: CryptopreneurBrainboss on August 06, 2020, 05:25:28 PM
My thoughts has to be guided by timeframe so what's the expected timeframe we're looking at here. Since there non suggested by the OP I'll use the most common timeframe trending now which is by the end of the year. I think it won't be fair for we to be expecting bitcoin to surpass it's previous all time high of $20k especially after bitcoin has to spend the most part of the year recovering from the pandemic outbreak effect on the economy globally that let to bitcoin decline of -50% or so.

After the hit the market has been recovering steadily and it's doing great number. Rised +50% since the previous market corrections. Currently trading at $11800+ is a positive signs the trading mark of $15k would soon be surpass which meant drive the price higher to $20k and beyond but like I previously said am not 100% certain that it can be possible within this year but very possible in 2021.


Title: Re: Thoughts on new ATH
Post by: FightThePower on August 06, 2020, 07:02:28 PM
I'm 32 I bought bitcoin because I hope in 10 to 15 years I can retire in my 40s.

The I'm looking at it is that right now the market cap of bitcoin is a fraction of that of gold. Right now the most likely investors, hedge fund managers, institutional decision makers and people with money to invest are usually in their 40s to 50s

 Fast forward 10 years time wealth will have shifted to the mellenials and a large number of investors and decision makers will be of the mellenial generation. This gen are more likley to invest in digital assets than people from older generations. Hence I can see the market cap of crypto eventually closing the gap on gold.

Perhaps one day owning 1 full bitcoin will be out of reach for the average person that is unless you got it early.

That's my hope

So you bought 1 Bitcoin and hope that you'll be able to retire on it?

I hope you'll succeed but I wouldn't bet on it. I hope you'll have some other retirement funds to lean on because it will be difficult for Bitcoin to reach the levels some bulls are predicting like 200 thousand dollars or 1 million. 50 thousand is probable but is it enough for retirement?

Not entirely, I have fiat savings and other crypto too not just relying on bitcoin. But just think if bitcoin gained mass adoption and become a mainstream way of saving in the next 10 to 15 years.

Compare it to the Internet in 1995 probably less than 10% of people in 1st world countries had it or had even heard of it by 2005 the inverse was true.

Imagine a similar scenario for crypto I mean just look at milenials and younger generations they'd rather invest crypto than shares and commodities. Eventually shares stocks and bonds may lose dominance and have to share the space with crypto.


Title: Re: Thoughts on new ATH
Post by: Slow death on August 06, 2020, 07:23:49 PM
Will the economic fallout from covid create a perfect storm?

maybe whales are taking advantage of this situation

Will more adoption be significant

It is definitely possible that there has been more adoption in the last few months, but I don't think it is a very large number of adoptions.

Institutional interest

Look at this:

Bitcoin Whales Bought the Dip, Data Shows as $1.2B Leaves Exchanges (https://cointelegraph.com/news/bitcoin-whales-bought-the-dip-data-shows-as-12b-leaves-exchanges)

What are peoples thoughts and expectations

it looks like this time we’ll see $ 15,000 again


Title: Re: Thoughts on new ATH
Post by: TopTort777 on August 06, 2020, 07:32:21 PM
Anyone remembers 2019 ATH? I think we are close to it as it was around +12k or something. Passing it will be a good point in bitcoins history. I’ve noticed that bitcoin price grows for 2 week straight, without any super positive news and correction. Just a plain growth by itself. That is suspicious. I think the price needs to go back a bit.


Title: Re: Thoughts on new ATH
Post by: Becky666 on August 06, 2020, 07:41:25 PM
I think we are still far from seeing a new ATH so there is no need to be excited but I think we all wants to see it happen as soon as possible.

Basically we're not far as you thought about us seeing another all time high. If the current movement of Bitcoin if pass the $11.8k then we're heading towards the $12+k zones which will mean another boost for another gradual all time high.
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I also wants to know how much bigger would be our next ATH would be compared to our current ATH and how long would it stay at that price.
My expectations are very high if you ask me, the current situation in the cryptocurrency market if correct has the possible of institutional investment trooping into the market which will give a Major boost. Am seeing a price of Bitcoin around $30k before the end of 2020.


Title: Re: Thoughts on new ATH
Post by: Eugenar on August 07, 2020, 03:09:21 PM
If there will be a sudden increase regarding the rate of the price's movement, things could be easily concluded. But the thing here is that, anytime the market could again collapse. I think the new ATH will not be reached this year, and the highest market value, if ever the increase would be continuous, will play around $16,000-18,000. If we would observe the behavior, consistency is lacking, which is in the first place, a normal thing especially if it is a crypto's  market value that we are talking about.

I hope nothing worse would happen for the rest of the year  because it may trigger a crash especially if it is the economies of different countries which are concerned. My expectations are not that high, maybe because we had our hopes up before whenever an increase is being observed. Just a matter of being realistic.


Title: Re: Thoughts on new ATH
Post by: FightThePower on August 09, 2020, 09:54:31 AM
If there will be a sudden increase regarding the rate of the price's movement, things could be easily concluded. But the thing here is that, anytime the market could again collapse. I think the new ATH will not be reached this year, and the highest market value, if ever the increase would be continuous, will play around $16,000-18,000. If we would observe the behavior, consistency is lacking, which is in the first place, a normal thing especially if it is a crypto's  market value that we are talking about.

I hope nothing worse would happen for the rest of the year  because it may trigger a crash especially if it is the economies of different countries which are concerned. My expectations are not that high, maybe because we had our hopes up before whenever an increase is being observed. Just a matter of being realistic.

Are you saying you don't believe bitcoin will ever reach beyond 20k again? Or just this year?


Title: Re: Thoughts on new ATH
Post by: prehisto on August 09, 2020, 10:13:02 AM
There is absolutely no correlation with economy and possible fallout!
The crypto covid crash occurred at the same time as the stock crash, both markets move in the same direction.

I believe that we will have new ath but just because of the craziness going on in the stock market.


Title: Re: Thoughts on new ATH
Post by: Peanutswar on August 09, 2020, 10:18:08 AM
Just my simple prediction if the market price of the bitcoin today will rise up to the 12k market price there is a chance that it will rapidly increase into the 15k market price and this is a good thing for the investor who made an entry point into the 3k and above this is a huge market profit to them so does not need to worry about the profit they will get. Still, I'm hoping for this comeback of the market price of the coin because from the previous halving i didn't know too much the use of the bitcoin but right now I fully support the use of this coin.

If this may happen this is my one of the most memorable halving in my life, the market is volatile this is the truth but still I believe on the law of attraction the same with you guys.


Title: Re: Thoughts on new ATH
Post by: arwin100 on August 09, 2020, 10:56:51 AM
If there will be a sudden increase regarding the rate of the price's movement, things could be easily concluded. But the thing here is that, anytime the market could again collapse. I think the new ATH will not be reached this year, and the highest market value, if ever the increase would be continuous, will play around $16,000-18,000. If we would observe the behavior, consistency is lacking, which is in the first place, a normal thing especially if it is a crypto's  market value that we are talking about.

I hope nothing worse would happen for the rest of the year  because it may trigger a crash especially if it is the economies of different countries which are concerned. My expectations are not that high, maybe because we had our hopes up before whenever an increase is being observed. Just a matter of being realistic.

Are you saying you don't believe bitcoin will ever reach beyond 20k again? Or just this year?

Actually he have a point in certain things but actually we cannot tell on what will happen on certain days coming since we don't actually know how the movement goes and how it will end up but bitcoin can surprise us so we need to get ready for the result since might we gonna see some new ATH or maybe we can see a flop for this year.


Title: Re: Thoughts on new ATH
Post by: LogitechMouse on August 09, 2020, 10:57:10 AM
A new ATH will happen :). Many are expecting for it to happen and we are just $8k away from reaching it.

The only question is "WHEN". When it will happen. Will it happen next year?? This 2nd half of 2020?? In the next 3 years. The only thing we can do now is to predict into when this will happen. I don't think too that it will happen next year because of the pandemic. Maybe if the virus will be controlled and there is a new vaccine already that is available to the public then maybe we can see crypto market to rise further more.


Title: Re: Thoughts on new ATH
Post by: Nhor1011 on August 09, 2020, 11:55:37 AM
No one will stop for bitcoin popularity and become more valuable. I think the new ATH will come in a near future and it will surpass from the last 2018 ATH. It's difficult to predict but we know how the bitcoin become more attractive to the people especially this time of pandemic that everything will be done online. More demand will give more value in bitcoin and this time that many are engaged in online business there is also a great possibility that bitcoin and cryptocurrency will become more popular.


Title: Re: Thoughts on new ATH
Post by: Yamifoud on August 09, 2020, 02:10:17 PM
The new coming ATH is really intense to see nor it was excited and probably no one knows when. I should think about more on the realistic and achievable, and $25k is not really that far for the next Bullrun after $20k ATH last 2017. But even though we can't predict the market flows but I was not thinking that we got that point this year. This year is really a big challenge for crypto and also with the global market, we have those positive insights last year as seeing that halving will give a huge impact on the market but badly we got this pandemic that it affects the momentum. However, we also notified that the crypto market won't let that bad aura puts its declining sentiment but rather to see it move a little bit far.


Title: Re: Thoughts on new ATH
Post by: carlisle1 on August 09, 2020, 03:21:47 PM
The new coming ATH is really intense to see nor it was excited and probably no one knows when. I should think about more on the realistic and achievable, and $25k is not really that far for the next Bullrun after $20k ATH last 2017. But even though we can't predict the market flows but I was not thinking that we got that point this year.

More closer the more its potential to achieve, the last time high surprises us but now the movements are really giving us opportunities to choose our side and place our entries in a much comfortable position.


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This year is really a big challenge for crypto and also with the global market, we have those positive insights last year as seeing that halving will give a huge impact on the market but badly we got this pandemic that it affects the momentum.

Most predict that after that halving there's a positive effects, we seen a good sign coming this year as the market start showing a strong but due to this pandemic it's slow things down.

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However, we also notified that the crypto market won't let that bad aura puts its declining sentiment but rather to see it move a little bit far.

With this pandemic, the market sentiments still in a positive sign,  market continue to rise just need to make proper assessments while placing your investment to avoid making bad decision if there's sideways that may happened.


Title: Re: Thoughts on new ATH
Post by: UserU on August 09, 2020, 03:37:11 PM
Anyone remembers 2019 ATH? I think we are close to it as it was around +12k or something. Passing it will be a good point in bitcoins history. I’ve noticed that bitcoin price grows for 2 week straight, without any super positive news and correction. Just a plain growth by itself. That is suspicious. I think the price needs to go back a bit.

Yeah, but it just happened and passed by in a blink of an eye. Before I could sell, it dropped again.

Bitcoin, just like any other tradeable asset is manipulatable by the whales. We could only sit and watch.


Title: Re: Thoughts on new ATH
Post by: Bitcoin_bullish on August 09, 2020, 04:04:44 PM
Let us break current ATH first and we can talk about how high we go later. It is still two years and a half since our last ATH and while there is some sort of euphoria in the market lately, still there is a certain technical analysis that might not bring such a bullish case at least for this year.

Now while I'm conservative most of the time, yet sometimes I watch the charts and feel that all the pieces come together and $100k is inevitable and not far. Perhaps just a year or two away.


Title: Re: Thoughts on new ATH
Post by: snipie on August 09, 2020, 04:13:29 PM
There is absolutely no correlation with economy and possible fallout!
The crypto covid crash occurred at the same time as the stock crash, both markets move in the same direction.

I believe that we will have new ath but just because of the craziness going on in the stock market.
That parallel movement makes me wonder what the price will be after countries fully recovered from covid-19 impact...but at the same time in the short - middle term most people won't buy or involve in cryptocurrencies since they have difficulty to secure job, foods, rent...except maybe people in counties with a fallen economy where switching to BTC is more secure!
For the ATH I think we may see it at the end of the year if BTC continues its stabilization in +$11k


Title: Re: suy nghĩ về ATH mới
Post by: ilovealtcoins on August 10, 2020, 11:54:28 AM
The ATH of bitcoin is heavily dependent on technical analysis. At present, the world economic situation is under tension due to the covid-19 epidemic and the political and economic situation between the great powers of the US and China is straining. Currently, the cash flow has poured into gold and stocks is quite large. I think there will be a new slump in the economy. Bitcoin will soon reach ATH but will be later this year or next. It's a long process and requires the price action to break out of the chart pattern.


Title: Re: Thoughts on new ATH
Post by: #dhabitamartha on August 10, 2020, 05:59:41 PM
In my opinion today is better than yesterday this year is also better than last year even though the price of the coin did not go up like 4 years ago but Crypto coin is still slightly improving and starting to rise even though only around 20% but this is increasing the trend so I always think that Covid has made me excited to search for cryto coins and have put in a lot of effort to improve the worldwide economy through crytocurtency


Title: Re: suy nghĩ về ATH mới
Post by: BChydro on August 10, 2020, 06:57:05 PM
The ATH of bitcoin is heavily dependent on technical analysis.
Could you care to explain, if you would say a big investment is necessary then it would be almost correct but technical analysis is to analyze the market and nothing else :P.

At present, the world economic situation is under tension due to the covid-19 epidemic and the political and economic situation between the great powers of the US and China is straining. Currently, the cash flow has poured into gold and stocks is quite large. I think there will be a new slump in the economy. Bitcoin will soon reach ATH but will be later this year or next. It's a long process and requires the price action to break out of the chart pattern.
If there is any strain in the economy you will not find huge investment in the stock market but you would see that kind of investment in gold and that is why the price of gold is rising for months. Once again the charts are just analysis and the investment must be pouring in for the market to move higher.


Title: Re: Thoughts on new ATH
Post by: qiwoman2 on August 10, 2020, 08:46:46 PM
Well there are many factors at play now that suggest that Bitcoin will go to at least 100k in the next peak of the bull cycle and that this is a conservative figure. I think it is possible but we will need to see a big injection of money into the whole market going into the trillions and we are not even at 500 billion yet. We will need a lot of institutional money and Rich people to star investing more and more so we can get t a 10 x from here for BTC. This bull cycle I think is also the last chance to make such huge gains on BTC as already the marketcap is quite big and all Early adopters have made their millions and billions.


Title: Re: Thoughts on new ATH
Post by: ChiBitCTy on August 10, 2020, 08:50:36 PM
I think there's a lot of upside left.  Most people in "society" have not owned any bitcoin yet lets not forget.  I believe every financial institution whom already isn't "in" to bitcoin will be jumping in soon which will only rise numbers... As prices remain somewhat stable /slowly rise ( with maybe some huge pumps upwards), more and more people will want to jump in. I think 20K ATH will be reach but as for what dollar amount..sky's the limit , who knows. 


Title: Re: Thoughts on new ATH
Post by: joinfree on August 10, 2020, 09:15:45 PM
I think things are still not clear with this pandemic and whether the economic crash is going to resurrect any moment from now but I think we should see a rise in market gradually from now onwards as most countries have started opening up economic activities. But the highest i will expect is say bitcoin around $15K


Title: Re: Thoughts on new ATH
Post by: minersday on August 11, 2020, 04:35:33 AM
Considering the market pattern of Bitcoin since 2018, I don't think there will be any ATH very soon. The market value of Bitcoin will linger within the range of $8k and $15k. I don't really see Bitcoin going beyond $15k throughout the year. Its even likely that its market value might drop back to $8K considering what happened in 2019 when its value rose within a short period and dropped after some time.


Title: Re: Thoughts on new ATH
Post by: online73 on August 13, 2020, 03:33:35 AM
Hello to all. It is the thoughts of a new ATH that have kept many of us in the cryptocurrency community for a long time. All of these thoughts are different. Someone is waiting for 1 million dollars for Bitcoin, someone is waiting for 100 K, but I also hope to see such prices in this lifetime. The most important thing is not to forget that the cryptocurrency market is extremely unstable - today the price can be 100 thousand dollars, and tomorrow it will fall to 1 thousand - this must be taken into account. I hope to see $ 30,000 for one Bitcoin this year - the price is going up very well now.