Will BTC Go for Another All Time High This Year?

[KennyR]

The ongoing market move seems to be a transition from the bitcoin pumping towards altcoins. This looks like the market is towards a rise through the altcoins for some time period. Major price corrections could take place after this. There is more of the gradual growth moving the price within specific margin. Maybe someone's influence could cause big change in the market, without which there is very less chance for a new ATH this year.

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[TravelMug]

The ongoing market move seems to be a transition from the bitcoin pumping towards altcoins. This looks like the market is towards a rise through the altcoins for some time period. Major price corrections could take place after this. There is more of the gradual growth moving the price within specific margin. Maybe someone's influence could cause big change in the market, without which there is very less chance for a new ATH this year.

And after the altcoin pump, where do you think those investors are going? Right, they will all move to bitcoin after a hard pump and dump on their favourite altcoin then profits and then switch back to bitcoin again. That's always been. the case for years, so we all know what's coming to us. Maybe by September we will see a huge jump and by November with the taproot release we might see a new all time high this year.

[CaVO32]

The ongoing market move seems to be a transition from the bitcoin pumping towards altcoins. This looks like the market is towards a rise through the altcoins for some time period. Major price corrections could take place after this. There is more of the gradual growth moving the price within specific margin. Maybe someone's influence could cause big change in the market, without which there is very less chance for a new ATH this year.

And after the altcoin pump, where do you think those investors are going? Right, they will all move to bitcoin after a hard pump and dump on their favourite altcoin then profits and then switch back to bitcoin again. That's always been. the case for years, so we all know what's coming to us. Maybe by September we will see a huge jump and by November with the taproot release we might see a new all time high this year.

At least reaching $65k is quite possible as compared to other speculations of reaching by $100k. We already saw btc to surpassed the $60k mark so reaching the $65k is not impossible to happen. We need more good news from top companies or other governments showing support towards crypto. Or maybe, it would take only one giant company announcing the acceptance of btc in their system to see another huge pump. Who knows?

[rahmatrf331]

The ongoing market move seems to be a transition from the bitcoin pumping towards altcoins. This looks like the market is towards a rise through the altcoins for some time period. Major price corrections could take place after this. There is more of the gradual growth moving the price within specific margin. Maybe someone's influence could cause big change in the market, without which there is very less chance for a new ATH this year.

And after the altcoin pump, where do you think those investors are going? Right, they will all move to bitcoin after a hard pump and dump on their favourite altcoin then profits and then switch back to bitcoin again. That's always been. the case for years, so we all know what's coming to us. Maybe by September we will see a huge jump and by November with the taproot release we might see a new all time high this year.

We can expect to see the bitcoin price return to $60,000 by the end of this year. But we don't know when this bear market will end, but we can be relieved that the bitcoin price has broken through $45,000 and hopefully it doesn't drop too deep. I agree that the bull run could come again this year before the end of the year. In the meantime, we need to enjoy the moment and still profit from buying low and selling when the bullrun occurs again.

[Devifajarina]

The sentiment around here seems kinda mixed.  WO thread seems slightly bearish but I see people in other threads that are slightly bullish.  So..  for the bulls out there, do you guys think BTC will break out of its recent high of 65k USD this year?  If yes, please explain why.

Sentiment usually occurs in wo threads or other threads, because this is a discussion space that is open to anyone in it, without any restrictions on starting discussions or studies related to the current crypto world, so sentiments still occur accidentally. .

It is very likely that what will happen to Bitcoin later this year is beyond people's predictions, where market conditions and Bitcoin conditions are currently quite stable in movement, to penetrate the highest level it is quite open for bitcoin, based on the market scenario that occurred in the last few months, to reach the number 65k USD is very open for Bitcoin at the end of this year.

[BobK71]

The market indicators are very positive so we all hope that this time we will see the highest price of BTC through another bull run. This is relevant. Moreover, now the institutional investment has increased more than before. Elon Musk, paypal, amazon all are support bitcoin. So hopefully at the end of this year we will see another ATH on behalf of bitcoin.

[BITCOIN4X]

I project the price of Bitcoin will continue to rise and potentially break new highs later this year.

That's great, but if you think it will always go up then I think you're forgetting that a correction can happen at any time. In the longer term, perhaps a new ATH will be reached and a correction should be along the way and continue to grace this cycle of bitcoin price movement.

Many large investors who had realized profits will re-enter the bitcoin market. The increase in adoption will push the BTC price forward to the $80,000 level. Adoption by large corporations and institutional investors will push Bitcoin to the $80k mark before the end of the year.

The adoption and interest of institutional investors in bitcoin investment can be used as a fundamental factor to predict its price movement. Price hikes need a process, definitely a good supporting factor to see new ATH this year if they have a big interest in bitcoin.

[The Sceptical Chymist]

So BTC was looking strong last week until it failed to break out 41.3k USD a couple of days ago.  I really thought it was going to rip through 45k the day after that.  But no...  It was a fake out.

Yeah, but I know you've been into bitcoin long enough to know that it could be a very short fake out.  At least bitcoin didn't drop into the low $30k range--and right now as I write this, it's just above $45k.  So my take on it is that bitcoin is in "hovering mode" which it goes into from time to time before it picks a direction.

I know this thread is a bit old, but I voted in the poll that I think we're going to see a new ATH by year's end.  There's been a lot of institutional buying, and the price has been fairly stable in the face of some pretty dismal news (government regulation all over the world).  That tells me that sentiment is bullish, and it's just a matter of time before bitcoin starts its upward trajectory.

I've been wrong before, of course, but this time I think I'm right.  Lol.

[carlfebz2]

I project the price of Bitcoin will continue to rise and potentially break new highs later this year. Many large investors who had realized profits will re-enter the bitcoin market. The increase in adoption will push the BTC price forward to the $80,000 level. Adoption by large corporations and institutional investors will push Bitcoin to the $80k mark before the end of the year.

All would really be that always be an speculation.We had already seen the influx of investors on early of this year and did really make out some correction which is a bit nasty and now the market is started to cling up

once again but doesnt mean that we would be reaching or breaking new all time highs but since we had seen in the past on how bitcoin do always make out some surprise then there would be likely for it to happen.

It might not be an assured thing but we do know at least there is some probability and could really happen.Lets just stick with realistic numbers though and not would be talking about 1M/coin which is really
that impossible to happen.

[Renampun]

The sentiment around here seems kinda mixed.  WO thread seems slightly bearish but I see people in other threads that are slightly bullish.  So..  for the bulls out there, do you guys think BTC will break out of its recent high of 65k USD this year?  If yes, please explain why.

I really believe Bitcoin will pass its ATH before the year runs out...

The first thing that makes me sure is that positive news about Bitcoin continues to emerge, which has made the demand for cryptocurrency to increase in recent days. in the meantime, bitcoin will break through $50k and after that $60 will be very easy for Bitcoin to achieve.

[StreakW]

I think the bitcoin price has a chance to continue on its way to reach a new ATH later this year. The main driving factor remains the same, namely liquidity. Currently bitcoin is also accumulated by large institutions that enter or make bitcoin as a transaction tool. This year will still be the year of cryptocurrencies. In fact, I see if this year the price of bitcoin could reach $70k to $100k. I am quite optimistic that this number will be achieved with more institutions entering.

[Emitdama]

I think the bitcoin price has a chance to continue on its way to reach a new ATH later this year. The main driving factor remains the same, namely liquidity. Currently bitcoin is also accumulated by large institutions that enter or make bitcoin as a transaction tool. This year will still be the year of cryptocurrencies. In fact, I see if this year the price of bitcoin could reach $70k to $100k. I am quite optimistic that this number will be achieved with more institutions entering.

I am not expecting the price to reach $100k or anywhere near it and if it does reach such a high value within this year, it will be followed by another crash as always. A steady bull run is only followed by a minor correction while a sharp hike is always followed by a bear run.

And speaking honestly, I don't think a new ATH does anything more than hype on the social media channels and gossips. I don't know why we are always so anxious about breaking the previous ATH and setting a new one.

Let's hope there is more positive news and adoption around Bitcoins than the price increasing for absolutely no reason. I don't want to get excited about whales manipulating the market in simple words.

[Woodie]

From the current price movement bitcoin keeps showing,it looks like we might be headed for a new all time high but only if price can stay above the $50k area otherwise it will keep fluctuating in the range of $49k and $45k as some sort of consolidation but once we break from the upside we should see price become bullish but with a slight pull back and up up and away it will go, and of course this is not a one way street if it breaks from the bottom that will be bad news as this as the potential of going lower to lows such as $40k but this isn't what any of us want  

[asrinur]

In my opinion, the price of BTC will again hit a new ATH later this year. Bitcoin's upward trend is still continuing. The reason for the increase in the price of Bitcoin is because more and more banks and large companies have openly accepted crypto asset-based investment management. Because the moment made a massive demand. The high demand makes the price of Bitcoin continue to increase. Because one of the factors increasing the price of Bitcoin is demand and supply. Therefore Bitcoin is still very likely to increase again this year. Although later there will be a slight decline due to market correction and profit taking. I don't think it's ever too late to buy Bitcoin right now, especially if the goal is long-term investment.

[EdenHazard]

From the current price movement bitcoin keeps showing,it looks like we might be headed for a new all time high but only if price can stay above the $50k area otherwise it will keep fluctuating in the range of $49k and $45k as some sort of consolidation but once we break from the upside we should see price become bullish but with a slight pull back and up up and away it will go, and of course this is not a one way street if it breaks from the bottom that will be bad news as this as the potential of going lower to lows such as $40k but this isn't what any of us want  

or not..

people get confused with the amazon thing .. people are waiting for that a new year where amazon could publicly stated that they are in crypto bussiness and ready to accept bitcoin on its platform.
some people take that chance by buying bitcoin as much as possible before the time is coming but it is still unsure.
and i guess we will keep swinging like this in bullish.
$40k is also my support line and i wish we wont take that low anytime soon.

[leea-1334]

From the current price movement bitcoin keeps showing,it looks like we might be headed for a new all time high but only if price can stay above the $50k area otherwise it will keep fluctuating in the range of $49k and $45k as some sort of consolidation but once we break from the upside we should see price become bullish but with a slight pull back and up up and away it will go, and of course this is not a one way street if it breaks from the bottom that will be bad news as this as the potential of going lower to lows such as $40k but this isn't what any of us want  

For the past 18 hours low is below 47k so right now is holding well above it. I think we should not be too worried. Every Wednesday this happened already week after week and then Friday comes and everything is starting up again so enjoy this small dip,,, Friday and Monday following are going to be strong 51k gains

[onecall123]

From the current price movement bitcoin keeps showing,it looks like we might be headed for a new all time high but only if price can stay above the $50k area otherwise it will keep fluctuating in the range of $49k and $45k as some sort of consolidation but once we break from the upside we should see price become bullish but with a slight pull back and up up and away it will go, and of course this is not a one way street if it breaks from the bottom that will be bad news as this as the potential of going lower to lows such as $40k but this isn't what any of us want  

For the past 18 hours low is below 47k so right now is holding well above it. I think we should not be too worried. Every Wednesday this happened already week after week and then Friday comes and everything is starting up again so enjoy this small dip,,, Friday and Monday following are going to be strong 51k gains

We enter bullish territory, so these corrections are the result of entering bullish territory. There is a correction to the downside, these dips are called discounts just to buy at the lower price. There is no way that Bitcoin will crash another time, and after a year we will see that BTC will reach a new level. Are we heading in the right direction? It's unknown but the market is expected to grow more.

[tokeweed]

From the current price movement bitcoin keeps showing,it looks like we might be headed for a new all time high but only if price can stay above the $50k area otherwise it will keep fluctuating in the range of $49k and $45k as some sort of consolidation but once we break from the upside we should see price become bullish but with a slight pull back and up up and away it will go, and of course this is not a one way street if it breaks from the bottom that will be bad news as this as the potential of going lower to lows such as $40k but this isn't what any of us want  

For the past 18 hours low is below 47k so right now is holding well above it. I think we should not be too worried. Every Wednesday this happened already week after week and then Friday comes and everything is starting up again so enjoy this small dip,,, Friday and Monday following are going to be strong 51k gains

Yeah...  I guess it was some sort of shake off before the next leg up going to 50k and hopefully a smooth trend up without any hiccups to 60k.  So we could all be comfy.  Lol.  I have never really gotten used to BTC’s sudden move down.  It still makes me let go of a position prematurely sometimes.  

[leea-1334]

We enter bullish territory, so these corrections are the result of entering bullish territory. There is a correction to the downside, these dips are called discounts just to buy at the lower price.

Discounts, well, maybe, but I wish the discounts could be 10% or more off. I hate going to buy stuff and I only see 2% discounts, it just feels like not enough effort was being done  

I have never really gotten used to BTC’s sudden move down.  It still makes me let go of a position prematurely sometimes.  

Me too actually. But I just do not pay attention to price charts as much as I used to,,, and since I do not trade, I only panic and worry inside but never let go of my hodlings.

[conected]

In my opinion, the price of BTC will again hit a new ATH later this year. Bitcoin's upward trend is still continuing. The reason for the increase in the price of Bitcoin is because more and more banks and large companies have openly accepted crypto asset-based investment management. Because the moment made a massive demand. The high demand makes the price of Bitcoin continue to increase. Because one of the factors increasing the price of Bitcoin is demand and supply. Therefore Bitcoin is still very likely to increase again this year. Although later there will be a slight decline due to market correction and profit taking. I don't think it's ever too late to buy Bitcoin right now, especially if the goal is long-term investment.

- New shareholder joining will be a riot of demand as well as scramble for every bit of bitcoin in this market but you should understand these shareholders are cunning and old foxes, they actually have more money than we think and from there, they have quite a lot of options to choose the contract price they like, they will negotiate and offer the lowest price to buy bitcoin, very primitive nature of businesses. Again, these are big promoters and their empty warehouse takes a long time to fill, bitcoin will also more or less discount them