Thoughts on new ATH

[FightThePower]

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

[1714893800]

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[20kevin20]

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.

[bgaf]

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.

[Cnut237]

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.

[Charles-Tim]

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.

[rodskee]

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.

[kryptqnick]

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...

[btc_angela]

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.

[Oasisman]

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.

[rajsimran]

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.

[meanwords]

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.

[hd49728]

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.

[boyptc]

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.

[Bitstar_coin]

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.

[veznata]

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.

[minairia3]

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.

[audaciousbeing]

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.

[Wexnident]

$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.

[DabsPoorVersion]

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.

[Ayiranorea]

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.