Bitcoin Forum

Despite the pandemic and the current situation throughout the world, BTC keeps on surging upward in price. This might not be far from the upcoming halving happening in the next 13 days. If BTC can recover like this from $3800 and now trading above $9000, it is likely to speculate that we might have another all-time high this year?

Bitcoin is being traded over 11K for some times now. No one can exactly predict where the price would be heading to. The current lack of productivity would decrease the cash flow for many and the job losses and recession may make it hard to bring money into bitcoin. On the other hand, the brewing trade war could make the USD and other fiat a little less valuable as people move to regional currencies and crypto currencies. I'm overall bullish about bitcoin. An ATH is probable this year.

Naaaaaaaaaaaaaaaaah! I dont think it will. A lot of investors are waiting to sell and will strike as soon as BTC will reach, maybe 15k USD. There may be signs right now but as you know a lot of investors loss profit back in 2018s trend so they must have learned their lesson.

In Bitcoin market everything is possible.  It is possible that Bitcoin can break ATH the same way it is possible for Bitcoin to crash down to $3k.  Looking at the positive side, the year still have another quarter so it has still a long way to go and if Bitcoin continues to be bullish then, breaking the ATH is likely possible.

It's possible, we have like a whole quarter to make a push to set a new high. But the thing is that we shouldn't rush though, we have a lot of leg room here. If we see a sudden spike then another bubble could be form and we don't like to see it being burst. I'd say 2021 could be a good year to see another all time high. And with that said, perhaps the better strategy is to continue to stack sats.

Hello what you mean upcoming halving on the next 13days? Are you sure you are talking about bitcoin? It just finished last May and will take effect again every 4years. It seem you are talking a different project.

All time high is always dependable. And the last price was 20k for some record on other exchanges. But the truth is, we are not so sure whether this surge is real and not manipulated. Going up or down, I think I will hold my bitcoin for a while. I really want a good valuation to it when I sold it. Of course aside from my trading funds.

There will be no new all time high this year because of many reason and bitcoin will just hit the level of $15k before the year end. We make many speculations and get hyped by the new projects and adoption in the market, but bitcoin is still not that high. The bottom of $3k with bitcoin didn’t last that much and its good for us, we still have the chance to make new ATH next year but not this year of pandemic and economic crisis.

A surge past the previous all-time highs of $19,800 is definitely possible, but at the same time dropping down below $3,800 is just as possible.

tldr; surprise surprise! no one knows how the markets will move!

Its too early to forecast new BTC ATH right now but if the current uptrend in price remains for a span of several months, I think there could be a possibility it will reach new ATH but I guess it will not be this year, rather in the first quarter of 2021, hopefully. :)

I don't think BTC will be able to get enough momentum to hit its all time high this year. 3 months and a half of month left. Furthermore, the history of BTC shows it only reaches its new all time high approximately 1 year after halving days. It happened for several times and I won't wait for the exception this year, after this halving.

https://ihodl.com/infographics/2018-04-09/chart-day-bitcoin-reward-halving-and-price-history/

Yeah, its obvious that bitcoin will keep on accelerating,
Even in next one week it might surprise people again how bitcoin will rise to another level.
I understand that into cryptoccurrency their is hope if you invest with larger capitals and exercise patients for it to rise.
I could remember the value of btc immediately corona virus started but now look at the values of btc currently.

Anything is possible with Bitcoin. We had a big bear market in 2015 where people thought it's all over for Bitcoin. We had the media tell the world that Bitcoin was just a bubble that popped and comparing it to the tulips. A year later we were at the all time high again and another year later we had a new ATH. I don't see it going this fast now and believe that we'll have to wait another year, but if by any chance we went past 15k, we probably wouldn't stop until 20k, so let's wait and see. At this point we are setting up for either a bullish breakout or a triple top at 12k which would be bearish.

Bitcoin halving is already finished before it's price goes up again. No body can predict the future of bitcoin but everything is possible. So,let's just hope that the value of bitcoin will keep on increasing and give another ATH this year. If that will happen any investors will surely celebrate to have more profit again after the 2018 ATH.

The reason why all time high will not happen this year. World wide is affected by this pandemic, many people lost jobs, many people need money, many people wants job and lastly many people would provably save their money to last till the end of this pandemic. So I think the price will not go to all time high because of this reason, many investor or newbie investor now in need cash than bitcoin. But there's no impossible with bitcoin let see if bitcoin will make it.

Not sure about this that will it be ATH high or not but yes, we will have it for sure, if not this year then it will be next year. The regain of 10k levels itself is an big achieving for now and also trying to break that 12k levels in short time shows how much demand the bitcoin is having at the current movement. Post Covid 2019 we will see some changes and crypto will become more and more common in our daily lives too.

Many people globally might have avoided having contact with fiat to avoid contracting covid-19 especially in countries were locked had been enforced thus diverted their attention to virtual sort of currencies particularly using bitcoin for most their online transactions I believed this might be one the factor responsible for the sudden surge in the price of bitcoin, be as it may ATH is quite possible this year except if there is usual whales manipulations or government clamping down on crypto related business in places where bitcoin is well adopted.

halving in the next 13 days ???

the bitcoin will reach the ATH in 2021 i think (*my thought)

the price up right now i called the first wave,  so from now on its better to save some bitcoin  ;D 8)

Early this year, hours after the news from WHO , the pandemic is here, it is almost a hellhole for Bitcoin. There are many people thought bitcoin will fall down to $1500 range or lower. They thought keep fiat in their pockets is the best choice. Terribly, two weeks later, bitcoin rallied too much and in the same period, many governments printed more paper fiats that force the value of fiats down.

Bitcoin is the best.

Exactly.

I think OP were pertaining to something else. Since the halving was already done. A surge or another ALL TIME HIGH could happen or not, it's either of the two, always. However, whales are the ones who likes to confuse us, they manipulate the market in the way they can for the majority to panic, for them to gain more.

Mostly the price of bitcoin always go to the moon before the year ends. It's been 3 years already this coming December since bitcoin hits $20,000 and I think it's gonna happen again this year (hopefully) or next year. All that we can do is be patient on waiting 'till we gain profits on holding for a long time.

It’s not improbable, though it’s quite unlikely given that it’s seeing some sort of sideways movement for a while now. The momentum has to continue in order to break market barriers, else we’ll remain stagnant at this range again. The money of the people is also important for an ATH. While traders themselves can do the run to ATH, there needs to be some external hype and outaide money to inflate the price further, and it’s not really that good for that now.

This kind of scenario actually happens before so there is a chance that history repeats itself. Also, the market price of the bitcoin is volatile so no one knows. But I think just my opinion only there is a chance that the market price is the bitcoin will rise into one of the profitable market prices which is the 13k dollars before the price of the coin already reaches this price so there is a chance it will happen again.


If the marker price of the coin will reach into 12.5k there is a chance it will hit only for 15k dollars if the market price surpasses this market price at the end of the day it will come again into the market price we are dreaming which is the 20k still this is not quite possible because there are a lot of investors right now want to support the use of the bitcoin.

I'm also confused in which coin that halving is about to occur. Bitcoin's halving was done last May and the estimated 4 years is the next one to come.

It's the reason why we have to accumulate more than you can. We don't know how much the potential all-time high price for bitcoin.

Anything is possible, but some events are more likely than others. A drop to $10k is very likely because there was a very strong support of the price between $9k and $10k, whereas all this $11k+ stuff is relatively new. Bitcoin marching through barriers up to $20k in less than 4 months is less likely, but then again, not completely unlikely. Bitcoin would have to gain around 15% per month to reach it, and it's not that much. Dropping to $4k, however, is not something that normally happens to Bitcoin. Even a big announcement of some bad news is not likely to make Bitcoin fall that low, but something like the announcement of the pandemic in March could lead to the price dropping to $6k-$7k. All in all, I think it's more likely that Bitcoin will reach the ATH than that it would get below $5k, even though both events are pretty unlikely.

Bitcoin can have an all-time high this year, and I think we already saw that before when the price almost touched $12k, and the price now traded at $11k level. It will increase again this month or next month, so when the price can pass $12k, that means we have touched the next high price, which is happening this year. No matter if the price will go down below, the price will be back to the high price, and it happens repeatedly, so we can see bitcoin price will touch many new all-time highs.

I think BTC can do a whole lot of difference this year using the analysis of the movement it makes consisitently on a bullish trend, It is not to be a specific advise on investors to commit money to it but mere speculation. It hit a $3800 low and nowhas tested the $12000 resistance leve, if it breaks it then we might just have it heading for the previous ATH.

there are still about 4 months left till the end of this year and the bull market has started with a small momentum and slow rises so the chances of reaching the previous ATH are there but they are small at this point since as i said the momentum is still a small one and it needs to grow more to be able to battle all the sales that take place the closer to ATH we get.

There are specific reason for the current rally in price just like it was in the past, people have speculated that the price is going down due to pandemic and economic crisis but no one is certain of the future of the bitcoin. It may go up and attain or ever surpass the all time high price. If you wanna take the risk it is left for you

The shortest answer is yes because we really can't say that it's impossible. It's unprobable though at least to me.

Bitcoin is like a train it needs a lot of time to gain speed but once it happens it's hard to stop and usually outperforms. If we break 20 thousand we will not stop at mere 25 or 30.

Bitcoin can have its ATH again every year, it really depends on the demand based from speculation. It is still early to conclude how high bitcoin's price will be getting this year, we still have 4 months to make it in $20K mark. Bitcoin stayed long at $9K, and before that it stayed long in $7K, now it is saying at the price range which will mostly be just doing its habit. The price resistance is climbing on the ladder so I don't wanna make conclusion this year until December, more people would probably be looking for bitcoin in December to start the 2021 for a long hold.

Bitcoin is so unpredictable, yet we always see what we anticipated, maybe that's the work of decentralization and mass speculation. I'm  very positive with bitcoin, sooner or later we'll see it on the tv broadcasts again.

Extending yourself in anticipating the market movement will helps you to hold longer, it's the best way to keep your support, instead
of trying to predict to make it happen much earlier it's best to keep monitoring and let the up and down to pass on.

There are many possibilities why we are seeing this even there's pandemic crisis, in the bright side people are now looking for alternative
ways to earned and most of those who got stuck inside their house able to see this venue of investment, with this interest we can expect
that another great market movements are waiting for our investment, just keep observing and enjoy the trend.

The possibility of the cryptocurrency market to experience a huge surge this year is possible and as such; we should be expecting a bullish trend throughout this year. Bitcoin has started doing good into 2020 and the end will be favourable. Going by the influence of the current #defi projects ravaging the entire cryptocurrency market, we're going to see another all time high this year.

But, we should be mindful of the volatility which we know bitcoin to be, as not buy into the top: like what happened back in 2018. There is good take home for long-term holders and even the short-term holders.

If the price manages to break the $12,000 and remain above the $12,000 for a long time then will have to face the $13,000 that the last time I remember seeing $13,000 was last year when afterwards the price dropped a lot, I believe that many people are waiting to see if it will break the $13,000 and if it has managed to stay above $ 13,000 for a long time. I do not believe that this year the price reaches  $20,000, I think this is an impossible mission

I actually had to double check the date of your post to ascertain I was certainly reading a post in the past. But that isn't so. Sadly, this is today's post but the issues pointed out aren't actually new.

Bitcoin halving? Happening in the next 13 days? But hasn't the halving already happened  a few months ago? It's been more than two months that event happened and other events have almost overshadowed it. Going forward, we should know that despite the pandemic Bitcoin is still surging. A break of the ATH is almost certain now.

Hello to all. Every day, I also ask myself more and more often - is a new historical maximum in the price of Bitcoin possible this year, judging by the schedule of recent months, I really believe in it. Although - this is the crypto market - anything can happen. Price can easily show a new all-time high, as well as collapse and "refresh" 3K. I often began to notice that before a certain movement in the price of Bitcoin, a huge number of predictions appear - but, subsequently, the price does not follow one of the scenarios, so let's just wait, because this year there are 4.5 months left. We will not in any way affect the price, with all our Wishlist combined. We only have to wait, hope and believe.

Wait, am I missed something very crucial here? Will there be another halving after happened the last May of this year? I think several times but I do not find this news about the next halving in next 13 days. hello OP< are you wake up and stay here? Please confirm it. Or did you miss the news update and you thought that it is still on the past news update? Or I that missed this information?

I think that you have just wake up this morning and then making this thread before aware of the recent situation. Today, the price of BTC has hit $11,865.31. $9k was several weeks ago.

About ATH this year? I don't think it will happen this year. reaching around $15k is good enough.

I want to ask the same thing and now having a doubt on what I know :D. But I'm very sure that there will be no next halving this year simply because this event only happens every 4 years. And for that reason, that was impossible for it to happen again next next week. Maybe OP is confused or he simply copy-pasted his post from previous posts.

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With regards to new ATH, I also don't think it will hapoen this year. Though btc's bullish run continues, the remaining time for it this year is small already. I don't think it will make it in less than 4 months. I guess the least price it can achieve is maybe somewhere around $15k (I'm not sure either lol).

We can't predict the market changes of bitcoin in a very precise manner. In any direction the growth could happen in no time. Bitcoin is highly volatile, same as that is the growth. Maybe a new ath for the year can happen, but there is very small chance of bitcoin reaching the new ath surpassing the previous ATH value.

And maybe never even though some of it is absolutely right. To reach the highest price, I think it must be preceded by an increase in demand. Limited supply can affect future price and we never know if this will happen in 2020 or in the next 10 year.
Trading and investing in my opinion is still an option to profit from bitcoin. If both are done correctly, then we shouldnt expect bitcoin to record the highest price increases this year. It's still profitable so far, so use your best chance

All time highs this year can happen. Seeing that there are still many months remaining this year and the more difficult it is for Bitcoin to be mined because of the halving, then ATH can be obtained at the end of the year. But again, this is just speculation from my point of view. Don't use it as a standard because everyone has different predictions and research.

So if we take a look at the price now, perhaps, the price will stay at $11k-$15k for a long time before it will increase more than $15k. I wonder what will happen in the next 4 months, whether the bitcoin price breaks $19k or it will stay at $11k-$15k. But the chance for bitcoin price to increase so high will still wide open, and bitcoin price will get the new ATH. I am not sure if the new ATH will happen in December this year because we still need to see how good bitcoin price moves in the next 4 months later.


When we see bitcoin is on tv broadcast, that can make another shock for people out there because they will not think that bitcoin will get the new ATH since the last ATH. They will amaze, and then they will start to buy bitcoin at a high price, but that will not be a good idea because people need to wait for a while until bitcoin price can adjust the price or down for a moment.

Now we are seeing advertisements on main TV channels like FOX and CNBC for blockchain and banks are buying up BTC by the truckload. I think we can reach previous ATH at least by the EOY and there are predictions that by end of 2021/2022 we can go anywhere between 50k to 250k USD per btc. It is nice to try to own at least ONE BTC in our lifetime to pass on to our kids and grand kids. I am also thinking that more and more institutions and pension plans, hedge funds will use BTC as a hedge against inflation and the tumbling price and value of FIAT.

It is too early to conclude Bitcoin will reach an all-time high price this year, as it is currently still at $ 11,800.
Still too far from the all time high price of $ 19,000. If two months from now Bitcoin manages to hit a price
of $ 15,000. I believe Bitcoin can again reach the all time high price.

Or not ..

The fact that the 2020 pandemic haven't finished yet ruin the world .. especially on financial market yet we can still expecting the unexpected,  i mean who knows later on there will be another huge waves of infected people causing chaos and yet another fully businesses lockdown , guess what would happen on bitcoin itself? A rock bottom?

Every possibility are very widely open now.

Play it safe the only way to survive thesedays, otherwise if you go being speculator you might could ended up just like those people who got depressed and having a miserable suicide.

That was some of the same thoughts that some people had in the year 2018 because Bitcoin also reached another all time high that time. It was really surprising because those were the years when I was currently learning on how does the whole Bitcoin-Blockchain Technology was working and knowing Bitcoin, it can always present that possibility. Everything is unpredictable and all we can do is support and keep reading news on what is happening next to Bitcoin.

My opinion is that this current surge up is a big bull trap. The global markets are at the point of collapsing like what we have seen in March. So I expect Bitcoin to first go down with it to around 6500-8500 before the end of the year. Then Bitcoin will move up against the markets and we will see new ATH in Q1 2021 and after that, it will slowly start a new bull run with a top of around 120k per bitcoin near November / December 2021.

If we just follow the flows of bitcoin and compare the past then this is my prediction.

Given the current state of the economy, it could be possible. People would be more willing to divert their funds to cryptos instead of their investments in the stock market given its uncertainty. With the government busy dealing with the pandemic, it seems to be a pretty far stretch for any government to implement favourable policies for cryptos in general.

Since we are talking about possibility, it can go the otherway. So I must say, yes it has a possibility to reach its ATH this year but also, there is a possibility that it won't. Given how unpredictable the market is, no one can guarantee of such thing. But observing how the market behaves, the resistance is obvious at the $12k mark. If ever it will be able to break the "barrier" then it may have a higher chance to be close to its record. The only thing we can do is to wait and to just hold for now.
Quite true. There are still four months for Bitcoin's market value to show whether it would be able to again touch the history it created. Things could go better and things could go worse.

It's probably a big hype to say that there will be an ATH this year for BTC because of the pandemic. We can see that some people are engaging to crypto because they think it was safer than physical transactions but not everyone are putting their funds to bitcoin. Why? This might be because bitcoin is not really suitable for small scale transactions. First, there are instances that bitcoin fees are too high, especially if users are still using a legacy wallet. Second, transactions confirmation isn't that fast for bitcoin to be suitable for small users to pay for goods or services. What I can see is that, more people engage in bitcoin because of investment. Looking to the condition of altcoins now, it's quite bullish, and it still has an impact to bitcoin especially when bitcoin fluctuates, more volume from altcoins will be traded to BTC and for me, will still not suffice our desire for BTC to reach new ATH this year.

https://i.imgur.com/fU681V6.png

it seems to me that it is a very difficult task to break the $ 12,000 and we are already on the 17th of August, as you can see there are only 4 months left to end the year and I am not seeing much enthusiasm about seeing the price of $ 20,000 this year . see this article:

Bitcoin ‘Whale Clusters’ Show $14K as Pivotal for BTC Price Bull Run (https://cointelegraph.com/news/bitcoin-whale-clusters-show-14k-as-pivotal-for-btc-price-bull-run)


it seems to me that they are right in the analysis

early indeed as we still have 4 months of a journey with the price, it is quite hard to assume where the price is going to hit last, but I hope it reaches our expectation somewhere between $15,000 to $17,000.
It is on $12,000, not that far from what I assume but 4 months may be enough to fill the money in and skyrocket til that price. Looking only in bitcoin will lose you opportunity though, try to make out some things from different coins too, I've seen LINK getting a real support out there along with bitcoin's pumping period. Some also debates that this year will be the year of altcoins rather than bitcoin. hmmm.

That could be, if in 2 months from now bitcoin soar up to $15,000 I'm very positive that we will see another All time high this year or just near passing it. Just stack up  ;)

Here an article with a nice summary of reasons: https://cryptoslate.com/these-4-factors-show-just-how-real-bitcoins-current-bull-run-truly-is/

I don´t fully agree with it though, since it has a very technical approach and not take the changes in global politics and economy in consideration

With this recent surge in bitcoin there's a possibility to have the all time high and also there's a chance it won't happen. We have 4 months before this year will ends and the best thing that we can do is hope that the current price of bitcoin will continue to soar in the market. Yes moreover you have a point there, with this pandemic some people focus in crypto to invest and earn profit.

We are still in third quarter of the year 2020 and the remaining quarter will be a game changer whether we can hit the new ATH this year. Price increase is not that easy especially
that setbacks are normal in the market, everytime the bitcoin will break a certain barrier like 15k barrier then there is a big chance that there is a setback and the bitcoin price will
likely to go down again to 12-13k.

That is only normal to the cypto market because there are traders who are using this opportunity to earn more profit using this scenario. I haven't seen a bitcoin surge that there is no setback.
You should always remember it but let's all hope that bitcoin can reach a new ATH as soon as possible so we can experience again the bull season.

I do believe it will take us till January 2021 especially after the recent pullback :)

In my opinion, the general economic situation is not so friendly for new ATH

upcoming halving ? Is what I read legit and not a typo ?  Because I thought the halving was over last months ago and I think that it would be too early to have another halving again  but no doubt that halving attracts price increase and if ever there's another halving again then the anticipation for ath will possibly be achieve this time . Disregarding the halving there was still a surge in the price  and alot of us expecting that it will make the ath alone but the excitement suddenly died down a little when the price collapse .

Having the same thought. However, we are now getting closer to the last quarter of the year and that is the time when we will usually notice if we will hit the new ATH or not. Now it seems that Bitcoin is just hovering around 10k$ this only gives me an idea that it won't reach the ATH this time perhaps this will only rise between 15k$ to 17k$. But anyway, we still never know so I think we should take this as an opportunity to accumulate.

I checked on the internet to be sure and there was no news about another halving. A Bitcoin halving already happened on May 11, 2020. Anyway, I think Bitcoin won't reach its all time high this year. Because after the last halving, Bitcoin demand has decreased but still there is no sign for a bull run. Also, there is still nothing that could trigger the price.  Besides, there are people who don't think that the price is related to halving, but I'm not one of them.   

The chance of reaching that is also slim since after touching $12k it went down again,
however $10k barrier is quite good since newcomers are also showing interest to this market.
This spot for investing for more can bring decent profits if you are going to take the long ride
and let all things to passed.

I am a little conservative with my price prediction into the end of the year. We could see something beyond but I dont expect new ATH this year for bitcoin, maybe in the 3 month of 2021. $15000-17000 is my high price range this year into the end of the year with a marketcap double ($600-700b) at the end of the year.  Defi will produce many new projects in couple of months and new ATH for existing ones.

Let me add also that we still got less than 4 months before the end of the year.
A lot could happen within that period. Note that back in 2017, it only took a few weeks to reach that all time high price for BTC.
Now, with decentralized finance projects added into the market, that would greatly affect the BTC price at the end of the year.
(My point of view)

     Well, it really isn't far from being plausible. I mean, naturally, people would expect that most of the investors would pull out their investments or people who have gotten interested in crypto currencies may have second thoughts on investing since it is in a time of pandemic; a time of need. But in the contrary, I think this would be quite positive for bitcoin since lots of people are losing jobs and looking for various ways to increase income while others are losing trust in fiat since inflation is waving almost every where. So I think it is possible to see an ATH before the year ends. But hey, in the end, these are all just speculations. Weigh everything clearly before investing.

Bitcoin has started to give green light in the last days. Its price reached 11k dollars again after some time. But still I don't have much hope about all time high on this year. Something tells me that it will happen on the first quarter of 2021.

If you look at the Bitcoin price movement it is still difficult to return to the price of $ 12,000 after a deep correction to $ 10,200.
So I doubt that this year Bitcoin will be able to return to its all time high price, but at least Bitcoin's performance this year is not
that disappointing. And now the Bitcoin price is at $ 10,800. The current price is very good for buying Bitcoin, it is likely that in
the near future Bitcoin will rise to a price of $ 11,500.

Bitcoin has had too much good news lately, but paradoxically, Bitcoin is in a downward correction trend.
Big companies like MicroStrategy bought hundreds of millions of dollars in Bitcoin, and record-high hashes are good news. Bitcoin could drop in price in the short term ahead of a strong bull run.

Actually we were expecting a big spike, after the latest block reward halving. The supply is getting reduced, so ideally the prices should rise. But that didn't realized, probably due to the difficult economic situation caused as a result of the COVID 19 pandemic. The current prices are broadly in line with what we were having 12 months ago. There were temporary spikes and dips, but none of them lasted more than a few weeks.