What if BTC never reaches all time high?

[Oasisman]

Another 2 completely different things compared to each other, and another crazy theory that represents resemblance figures. Nevertheless, stocks are different with cryptocurrency. Bitcoin has still a long way to go and there are still a lot of manipulation will happen, no one know whether it hits another ATH or not, and this theory is irrelevant with how Bitcoin was being used by the investors today.

[pixie85]

OP doesn't even know what an ATH is.

Second All time high 13000

This is not ATH! An all time high would have to be higher than 20 thousand to be counted as ATH because that's what all time means. 13800 was a yearly high which means nothing because measuring any move starting from 1 January is very unreliable. January 1 is not a significant date for bitcoin as there are no changes in the network being done on that date.

If you really want to measure cycles use halvings as starting points.

[Philipma1957cellphone]

If 20000 is the ath then the diff will drop.

[Sadlife]

Nikke is different from Bitcoin that is an innovative technology that could an alternative to a possible financial crisis, sure any whale could sell and buy the price but that's the beauty of free market. But no one could manipulate the price movements and make it go back to zero value that's why i prefer decentralization. Unlike banks fiats and stock that a central authority can freely control the price just by printing money and lower interest rates to stimulate the market.

[Little Mouse]

Why anyone will be looking for ATH? We have very few people who did not sell their coin during ATH. Most of th crypto users are regular trader, they do not need the ATH to make money. You can make money if BTC price gone below $1000, you can make if it hits ATH. So, I can not see any bad affect if BTC do not reach ATH.
Also, the use of BTC is not connected with ATH. If people have to pay with BTC, they will pay no matter what the price is.

[senin]

What if BTC never reaches all time high?

If it won't get again to 20k, no biggie, Bitcoin is still great as it is, with or without the price speculation.
But I believe it will. Its scarcity ensures that. Patience...

The nature of bitcoin and the whole decentralized cryptocurrency is such that their price can never be even more or less relatively stable for a long time. Therefore, the price of Bitcoin will rise and fall more than once. The high price, on the one hand, is good for those who bought bitcoin earlier at a low price. However, it must be remembered that the higher its price, the greater the likelihood of a high price volatility of the cryptocurrency increasing, that is, the higher the risk of its fall.
We need to learn how to profit financially using high price volatility regardless of its price level.

[Ailurophile]

This kind of question would show us who really believes in crypto and who would continue to use it no matter what.
If it doesn't reaches it's all time high then would you still continue to use it or are you going to leave the crypto space?
I think we should just focus on what's in front of us do you think that worrying about it would result to something good?

[rodskee]

I never expect another Hype this soon ,i mean i don't look for the more than 20k$ value sooner because i know that it will never happen looking at the market now.
yeah Halving is soon to happen but not but the pandemic is also in the circulation so the more we expect is the more failure might come also.
so for me what ever market Gives me is i will accept open handed.

[verita1]

BTCitcoin in the face of the current crisis is responding well. Perhaps it is the lifeline of some investors who have not yet considered it.
Also, it will demonstrate all the usability that it can be capable and all will depend on our ingenuity.
Anything related to its price should be considered pure speculation.

[bangdik123]

Nikke is different from Bitcoin that is an innovative technology that could an alternative to a possible financial crisis, sure any whale could sell and buy the price but that's the beauty of free market. But no one could manipulate the price movements and make it go back to zero value that's why i prefer decentralization. Unlike banks fiats and stock that a central authority can freely control the price just by printing money and lower interest rates to stimulate the market.

A good answer, because the calculation of stocks is not impossible there is no manipulation of bankers to play in the market so that price movements are no longer transparent, of course this is inversely proportional to a decentralized market because everything is transparent and cannot be manipulated to a value of 0 if it is still there is a trade that continues.

[BitcoinTurk]

If Bitcoin prices rise to the peak of all time, great days are waiting for us because if this price increase occurs in a healthy way, all crypto markets will move upwards. If you need to consider various positive scenarios such as an active bull period, rapidly rising market and new investors entering money in this market, I can easily state that it will be a process that we can all be very happy with. Moreover, with such a possible situation, the popularity of both Bitcoin and cryptocurrencies will increase and will contribute to the disappearance of cash in human history. On the other hand, to say something about the possibility of a single negative scenario, if Bitcoin reaches the peak of all time with high dominance, then there will be very dark and brutal days for alternative cryptocurrencies. For this reason, we must follow this situation correctly and evaluate it according to the market conditions.

[Maestro75]

The world economy is in a turmoil because of coronavirus yet bitcoin is not so much affected. Does that not tell you something? It shows the strength of the crypto. Staying above $6,000 for weeks now means a lot to its price and I believe that halving which will occure on Bitcoin next month will further strengthen it. The second ATH of $13,000 should he crossed before the end of 2020.

[thesmallgod]

What if BTC never reaches all time high?

If it won't get again to 20k, no biggie, Bitcoin is still great as it is, with or without the price speculation.
But I believe it will. Its scarcity ensures that. Patience...

Maybe op is among those people that bought during the time the btc price was highest. Unfortunately, it could be possible only if a kind of revolution drives people to massively adopt the use of bitcoin and the demand is high. Aside that, I think bitcoin will just be struggling

[rexxarofmoknathal]

You can't compare crypto to anything else outside it although they both have value to USD. Does it matter if BTC never reaches another ATH? Imagine if that happens, surely people would still consider buying it because it will surely have lower prices then. Demand might burst and it should inevitably increase in price.
But if it isn't then I think consider using Bitcoin already from what it is made to be an alternative payment method.

In effect, I don't see a future where BTC will not reach ATH. Crypto is the future of finance and this pandemic has just demonstrated this. In my opinion it is a matter of time until crypto gets recognised as the future and when it does, those that believed in the industry will profit, though the time is more of a concern now rather than if it will ever get to ATH.

[wingfield_crypto]

     We do not know if Bitcoin will reach the $ 20,000 mark as of December 2017, taking into account the difficult context we are going through, because of this COVID-19. The BTC price is likely to exceed that value threshold, but we cannot know when that will happen. For me the BTC remains something special, because more important than its price is its utility in daily transactions, a good alternative of FIAT currencies.

[maxig.boroday]

well, BTC has its purpose anyways. we aint just always looking for the price but for the utility of it as well.

[Jako0203]

What if BTC never reaches all time high?

Look what happened to Japan stock index Nikkei 225:
https://adjusted-for-inflation.com/japanese-stock-market-nikkei-225/

It peaked in year 1990 at 38800 and only managed to get back to 24800. Now it looks likely it will never reach its all time high anymore.

Now let do a simple comparison:
Nikke 225
All time high 38800.
Second All time high 24800.
Second All time high to All time high ratio: 24800/38800 = 64%

Bitcoin
All time high 20000.
Second All time high 13000
Second All time high to All time high ratio: 13000/20000 = 65%

We can see that their Second All time high to All time high ratio are almost the same.

Is that the same pattern bitcoin will follow? Only pump and dump by whale price manipulators from now on but can only reach All time high again?

Do you own research on the Nikkei 225 index historical patterns and make your conclusion.

(you can view detailed Nikkei 225 index data here: https://www.tradingview.com/chart/?symbol=TVC%3ANI225)

its because of the people around the world panicking because most workers have no work because of this pandemic, so they withdraw their bitcoins in their wallet and use this money to provide what his/her family needs for everyday, but theres still chance that bitcoin will go high again, if this pandemic ends then the bitcoin circulation in the market will be balance again

[Youghoor]

I think everybody has his/her own all time for bitcoin now. As an investor you need to set your targets of profits with every asset that you purchase but don't go with the popular chorus of over $20K because if you do you are likely never going to cash out any profits. For instance if you bought bitcoin way below $4k and now it has increased about 50% I don't see the reason why you can take this profit and buy when it dips again. It's all about setting targets folks, don't wait for $20K before taking profits out of your investment.

[xiboothrezi]

So what? It doesn't matter if it doesn't reach ATH, as long as BTC still exists and is used or traded or invested, IMHO. Prices will always be there, volatility will be there, as long as demand and supply flood the market. We can know that ATH is not really the final destination, because new peaks and new valleys are always dynamic, taking advantage of existing patterns.

I am sure, one day the previous ATH can be exceeded, when? I don't know, no one can guess for sure, just limited to speculation. Sooner or later even relatuif, it's only a matter of time. The problem is we miss a lot of opportunities to get profits.

[Chris Barth]

Now it looks likely it will never reach its all time high anymore.

I enjoyed reading this statement cause you said "It looks like". Actually, bitcoin as I believe will go beyond it's all time high even if not soon but then, is bitcoin all about the money? Or an idea created for making payments?