Will BTC Go for Another All Time High This Year?

[dunfida]

Actually, I have no idea but I chose to answer the poll as "no" despite of different mixed feelings about the current situation of the market. The sentiments are mixed we don't have any idea where this market is going since a lot of fud resurfacing day by day but some are still very bullish and the market proves that already because it's not dropping below $30k.

If the market would reach the six-digit price then I would say that is the second bull run ever recorded in bitcoin history. But if it's not then a quick drop below $30k will going to happen and that's the start of bear trend.

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[topbitcoin]

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 pick on no idea because sometimes market is really unpredictable. But if there are a lot of good news i think bitcoin price still can pumped especially if maybe there are some peoplw who already satisfied with fill their bags want to take profit. Maybe they can pump bitcoin as much as they want because until now there are a lot of people who easily panic when see market movement.

[virasog]

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.

It may seems impossible now for bitcoin to break the bitcoin all time high again this year but i believe that bitcoin bull run is still not over. We have not seen parabolic moments in bitcoin price as we saw in 2017. I am looking for bitcoin price to cross at least 100,000$ in this current bull cycle.

[proudhon]

100% no. Not gonna happen. In fact, there won't be another ATH ever, which is how we know it won't be this year.

[LUCKMCFLY]

BTC in this case is having the same behavior of this week, it is expected that no bearish surprise will occur, while it can reach $ 42k or $ 43k, the BTC bulls have remained there hoping to be able to defend the price wall, we must have a lot of restraint:

If they manage to do that, the BTC/USDT pair could continue its consolidation between $28,000 and $42,451.67 for the next few days. A breakout and close above this range will be the first sign that the downtrend may have ended.

Source: https://cointelegraph.com/news/price-analysis-6-25-btc-eth-bnb-ada-doge-xrp-dot-uni-bch-ltc

When we take into account the possible scenarios, anything can happen, everyone expects a bearish move, but many times the market does the opposite of what the mass thinks.

[Silberman]

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.

Yes I think we are going to see this at the end of the year, my reasoning for this is simple when I look at the behavior of the price and how we reached and left the ATH to me everything seems odd, when I look at the price the ATH does not look like any other ATH we have seen before, this could mean two things, the first one is the market is changing which is possible as institutional investors now are a thing, or two that was not the ATH and the best is still to come and to me the latter makes the most sense out of the two options.

[SquallLeonhart]

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.

Voting tells you all you need to know about the situation. There are nearly same votes for both yes and no, which means people have no idea which one will happen. I do think that ATH is not that much possible or at least easy to happen, but if the question was "do you think it will go above 50k or stay here" then that would have been a different answer. One thing for sure is that one of these answers will turn out to be correct and the other will be wrong.

However the question is a dangerous one, over 64k? That is a steep climb from here which we as crypto public "could" do, I don't know if we will but we could do it if we wanted to, however by the looks of it there are way too many who made a good amount of profit from it and now there are not that many people coming in with new money, and not all the usdt we have is going towards crypto neither, so it is dangerous to say the least.

[Silberman]

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.

Voting tells you all you need to know about the situation. There are nearly same votes for both yes and no, which means people have no idea which one will happen. I do think that ATH is not that much possible or at least easy to happen, but if the question was "do you think it will go above 50k or stay here" then that would have been a different answer. One thing for sure is that one of these answers will turn out to be correct and the other will be wrong.

However the question is a dangerous one, over 64k? That is a steep climb from here which we as crypto public "could" do, I don't know if we will but we could do it if we wanted to, however by the looks of it there are way too many who made a good amount of profit from it and now there are not that many people coming in with new money, and not all the usdt we have is going towards crypto neither, so it is dangerous to say the least.

I find it interesting that this is the result, this tells me people are in fact bearish about the prospects of bitcoin during this year, something that I find odd, to me we are seeing a repetition of what happened in 2017, obviously the market never behaves exactly like in the past but you get my point, for example people forget that during 2017 there was also a long time in which the price did nothing and then it began to grow again, I think we could begin to see the beginning of the recovery in August or September if things keep going in the current direction.

[Lanatsa]

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.

Voting tells you all you need to know about the situation. There are nearly same votes for both yes and no, which means people have no idea which one will happen. I do think that ATH is not that much possible or at least easy to happen, but if the question was "do you think it will go above 50k or stay here" then that would have been a different answer. One thing for sure is that one of these answers will turn out to be correct and the other will be wrong.

However the question is a dangerous one, over 64k? That is a steep climb from here which we as crypto public "could" do, I don't know if we will but we could do it if we wanted to, however by the looks of it there are way too many who made a good amount of profit from it and now there are not that many people coming in with new money, and not all the usdt we have is going towards crypto neither, so it is dangerous to say the least.

I find it interesting that this is the result, this tells me people are in fact bearish about the prospects of bitcoin during this year, something that I find odd, to me we are seeing a repetition of what happened in 2017, obviously the market never behaves exactly like in the past but you get my point, for example people forget that during 2017 there was also a long time in which the price did nothing and then it began to grow again, I think we could begin to see the beginning of the recovery in August or September if things keep going in the current direction.

We would really be seeing different sentiments when it comes to price on where  some people would be bullish and some would be bearish and some are still undecided nor still in neutral.

I cant really blame off people on having those kind of impressions because this market is always been unpredictable specially with Bitcoin.You wouldn't know on what comes next

and the fact that we haven't even anticipated that it would reach up 60k into its price and now it had dropped out into half but would still be considered to be a good price.

Price for this year? No one knows but as long the demand is there then we can really presume that it could really go in heights.

[Poker Player]

100% no. Not gonna happen. In fact, there won't be another ATH ever, which is how we know it won't be this year.

We could take you seriously if you paid attention to reality when it does not coincide with what you predict, as always happens, but since you insist on making a fool of yourself, we can only laugh.

I still think we will pass $100k this year, provided we don't have too much more catastrophic news like the miners in China.

[justdimin]

do you guys think BTC will break out of its recent high of 65k USD this year?  If yes, please explain why.

For the current price levels of bitcoin, there should be at least 1000 of reasons might have contributed and if you asked me about them by the times of one year back when bitcoin was trading below $10k, I might not able to list them out. Similarly we cannot analyze what are going to contribute to make bitcoin to test ATH but it will happen on its own. Probable and simple reasons could be individual's investments and then FOMO.

Moreover, the basic economic rules of bitcoin must be the core reason to have new ATH repeatedly.

Bitcoin must be first and probably only one asset with well defined limited supply which must be more than enough supporting factor to remain confident about another ATH in coming months regardless of whales manipulations.

[Wexnident]

No. It's not that I'm bearish, but ATH isn't something common. It's like a rare event that happens once every few years, and honestly, it wouldn't even be a milestone if it was achieved for what, every year or so? We just reached a new ATH this year and I would reckon that it would take at least more than 1 1/2 years for it to stabilize. Heck, even now, the market is still unsure on whether to actually stay here or go down due to the different factors that made it go bullish at the start of the year.

Though I won't be completely writing off the possibility of an ATH this year, the chances are extremely unlikely imo.

[New.in.trading]

Before BTCUSD price can go anywhere, it needs to break its current Range in the daily... My Strategy atm is to trade the range until it breaks. I define the range by the high and low of the daily candle from 19th May. Have a look:

[Oasisman]

100% no. Not gonna happen. In fact, there won't be another ATH ever, which is how we know it won't be this year.

Oh it's you again.
You're missing your explanation right here.

Well, It could be but not 100%. $60,000+ might be the peak for this year, but hey I still don't consider the market to be in the bear trend at this current rate. Not until It drops below $25,000 or the 2017 ATH.
The market has been really unpredictable, nobody is a hundred percent sure what will happens next. Besides, Btc tends to bounce back to a strong $40,000 resistance.

[Lucius]

Anything is possible by the end of the year, I wouldn't be surprised if the price is less than $20 000, but also if it reaches the new ATH, even if that price is between $70k - $80k only. While some will disagree, summer in the Northern Hemisphere is not a time for people to invest - it is a time for vacations, travel and time with family. I'm pretty sure that something will happen in Q4, it remains to be seen whether the effect of previous halving will be repeated or the pattern will change.


@Oasisman, @Poker Player, @zanezane, do not feed the troll - if you look at his post history you can see that he has been writing the same things for years - he is a person who obviously has serious mental problems.

[michellee]

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 am not sure about that but it could be possible to increase and break $65k before this year. If the bitcoin price can start increasing from July-August, the chance will be bigger to break $65k and increase more than that price. But if the price can not increase more than $55k after September, it could be hard to reach $65k because the pump and dump will come and even the dip will come again. Many scenarios can happen to bitcoin and we do not know for sure. We can only prepare and waiting for that.

[FanEagle]

I am optimistic that it will go up because there's still six months or so left for the market to do it so I guess my optimism that it will reach another ATH is in parallel with how many months there's left this year.

If you remember that bitcoin took only 3 weeks of time to double in 2017 December from 10k to 19.3k then you will understand how much enough time we are still having in this current bullish cycle of bitcoin markets. I am still very much bullish toward $280k levels before end of this year. Because, instructions' and governments' funds are powerful beyond our imaginations hence they may take bitcoin anywhere near to Mars as well .

Today is the last day of first half of 2021 and tomorrow we are going to enter into all new half of this year; I mean within first half, we have seen some good rally and then some bearish actions and second half will be better than the first half as investors on board are completely different among these two time phases.

[DarkIT]

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.

Now the bear market begins, it will happened in repeated circle.Their will be two option in the trading. The possibility also two sides all the time.But the ATH will mostly happened during April and November months. So you should hold at this two points in every year.

[leea-1334]

No. It's not that I'm bearish, but ATH isn't something common. It's like a rare event that happens once every few years, and honestly, it wouldn't even be a milestone if it was achieved for what, every year or so? We just reached a new ATH this year and I would reckon that it would take at least more than 1 1/2 years for it to stabilize. Heck, even now, the market is still unsure on whether to actually stay here or go down due to the different factors that made it go bullish at the start of the year.

Though I won't be completely writing off the possibility of an ATH this year, the chances are extremely unlikely imo.

I agree for the most, but ATHs do come in a period within of each other. I remember Bitcoin breaking 1.3k ATH then it went down, then 2k, 4k, then down a few times, then 10k was hard. After that a final stretch full of ATH to 20k then that was it.

We have not had more than a few new ATHs in a stretch so I would feel we are still due a few more:)

[yhiaali3]

As for me, I am optimistic despite this big drop in Bitcoin. I wrote in a previous thread that I expect the price of Bitcoin to reach about 75k in December before the end of this year. This is just an expectation, of course, but it can happen because the strong correction that has been going on for more than a month for Bitcoin must be It leads to a strong bullish reaction (every action has a reaction that is proportional to it in strength) In addition, we are now in the period of bitcoin accumulating and the longer the period of accumulation you expect the rise in price to be by the same amount.