Thoughts on new ATH

[NavI_027]

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 .

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.

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[Kakmakr]

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)

[supine]

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.

[Debonaire217]

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.

[FightThePower]

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

[carlisle1]

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.

[pixie85]

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.

[7788bitcoin]

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 .

[pixie85]

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?

[Gotumoot]

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.

[LUCKMCFLY]

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.

[TravelMug]

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.

[Shasha80]

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.

[Bezobraznike]

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.
   

[zasad@]

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.

[Qcrypto]

I started the very same topic recently. You might find some more predictions here https://bitcointalk.org/index.php?topic=5265902.msg54909135#msg54909135

[Assface16678]

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.

[bearexin]

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.

[Leviathan.007]

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. 

[Sanugarid]

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.