Will BTC Go for Another All Time High This Year?

[Marvelman]

I believe in Bitcoin to break a new record and see a new ATH in this year. But it will take a long time seemingly.

This is a complete contradiction. How can you believe Bitcoin price will break a new ATH record this year, and at the same time state it will take a long time? Or do you consider five months a long time?

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[Lorence.xD]

~

We can't be hopeless anyway and yet the market price of Bitcoin still healthy but that gonna be impossible to make another run surpassing $60k within this year. I'm not really thinking negatively but sometimes we have to accept that not all the time the market is in bullish season and the fact that most of the experience we have in the previous years, the bear season will follow next to Bullrun. And I think, we might face that again as we are done with the great season of the market.

Bitcoin has done that last minute price pump last year just so you know, I am still believing that it will do a big pump this year but if it doesn't then it can't hurt that much to hodl your bitcoin much longer right? Also what are you talking about regarding done with the great season this year, the prices are still that high so I don't think that we are out of the great season yet.

[Fatunad]

~

We can't be hopeless anyway and yet the market price of Bitcoin still healthy but that gonna be impossible to make another run surpassing $60k within this year. I'm not really thinking negatively but sometimes we have to accept that not all the time the market is in bullish season and the fact that most of the experience we have in the previous years, the bear season will follow next to Bullrun. And I think, we might face that again as we are done with the great season of the market.

Bitcoin has done that last minute price pump last year just so you know, I am still believing that it will do a big pump this year but if it doesn't then it can't hurt that much to hodl your bitcoin much longer right? Also what are you talking about regarding done with the great season this year, the prices are still that high so I don't think that we are out of the great season yet.

There are already some impressions on this on whenever we do reach out that certain time of the year which is mostly on last quarter or specifically on December then we do have those kind of beliefs
everytime this month of the year approaches as these are the months on where Bitcoin do reach out its ATH and last year it did really make out some significant move on breaking in previous
all time high this is why people would really be ending on that kind of impression but asking out if it would make on the same movement as the same of those years then that
would be always the main question.No one can predict the future and no one would know on whats ahead so its really hard to determine.

[jostorres]

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.

We are still just in July and we can't make a decision based on what we have seen so far. Data is limited and we need to know more about what people are thinking in order to make a decision like this. I have seen too many people who are fearful and selling and I have seen too many people excited about buying it cheap because they believe it will go up.

So long story short we are talking about something that is not guaranteed to make any changes so far, it could stay around the same price and that is why I am not entirely certain if we are going to have any new ATH this year or not. Anyone who says that we will or we will not are just assuming it because there is one thing 100% guaranteed and that is the fact that nobody can predict what bitcoin will do, they will just assume it but that is made up number they are throwing around and not the reality.

[Saisher]

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.

Based on the poll the majority are still hoping that there will be another pump this year that will boost the price to break its old record that Bitcoin reach this year, for me there's a possibility that it will break the old-time record if Elon Musk stops creating FUD in the market, mainstream is spreading the FUD and the community tends to believe it causing the price to go down..

[ene1980]

I would not have any second thought that bitcoin will going to hit another All Time High market value within this year because I just believe that it would going to happen. Yes, I really believe that bitcoin will be skyrocketed again since were just in a half of the year and bitcoin has a half a year remaining to prove to us that a $65,000 is possible. Though I think it will take time to happen from now since the market is experiencing a price drop so I guess we will going to witness it by the end of the year.

Basically everything is expecting the market to rally once again this year, it is possible because the market in the past usually used to gain momentum by Q3 but this time we saw the price rallying much before that and now the price is trading at a range for months and we might see the price rallying again by the end of Q3 and breaching the all time high valuation again.

[Yamifoud]

I would not have any second thought that bitcoin will going to hit another All Time High market value within this year because I just believe that it would going to happen. Yes, I really believe that bitcoin will be skyrocketed again since were just in a half of the year and bitcoin has a half a year remaining to prove to us that a $65,000 is possible. Though I think it will take time to happen from now since the market is experiencing a price drop so I guess we will going to witness it by the end of the year.

Basically everything is expecting the market to rally once again this year, it is possible because the market in the past usually used to gain momentum by Q3 but this time we saw the price rallying much before that and now the price is trading at a range for months and we might see the price rallying again by the end of Q3 and breaching the all time high valuation again.

It pumps in the Q3 but mostly it dumps back by December. But as we can see in the past few years after the bull market is over, the price drops more than a half vs its ATH and we are already in that position. If ever there is no such huge market rally I believe we are still in today's position or if it drops but not below $20k.
We are now at the start of the Q3 with full of hope but I feel to see a steady trend just like in the past days.

[Lorence.xD]

~

There are already some impressions on this on whenever we do reach out that certain time of the year which is mostly on last quarter or specifically on December then we do have those kind of beliefs
everytime this month of the year approaches as these are the months on where Bitcoin do reach out its ATH and last year it did really make out some significant move on breaking in previous
all time high this is why people would really be ending on that kind of impression but asking out if it would make on the same movement as the same of those years then that
would be always the main question.No one can predict the future and no one would know on whats ahead so its really hard to determine.

No one can predict but we can anticipate the possibility of the things that might happen because it's proven to have already happened. But you are right, no one knows what's up ahead and the only thing that we can do is prepare when it happens, you don't want zero bitcoin when the next big ATH comes right?

[Sayeds56]

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.

What is happening in crypto market right now is normal, 50 to 55% correction from ATH happened many times  when you look at the history of Bitcoin, it can even fall down further but it will certainly pull back and break its previous ATH. Hold your coins with patience and don't sell them in panic, it will bounce back soon. Bitcoin is like a diamond and diamonds never die.

[STT]

Bitcoin will hit $100k this year, so I never hesitate to keep collecting Bitcoins.

Just hitting 100k any time in the next four years is fine by me, gives me more time to save up.   If you think about it the later the better could easily be true, if you already have full capital invested then you might want this event to occur as soon as possible but most people need to accumulate BTC and if the price 5x lower then it will be easier to do so rather then the price rising sooner.   There are positives to weakness following this year prior strength and its a benefit to people who are involved longer term.   I was a miner back in 2013 and been involved in and out since then in varying amounts, I dont mind the long game too much.  Its probably the case BTC is far stronger if it takes its time to build a base so I dont estimate 100k this year and I dont mind at all when we seem to be slowly moving rather then the fast white water hype action which can be dangerous if thats all we had.

[Silberman]

I say why not? Yeah, now things are not going on very good in terms of the price. But we will leave these days behind sooner or later. Like many people, I also think that this summer will go on like this. But after that, things will start changing and it'll be quite possible to see the bull market again. And this time, we'll definitely get a new ATH I think.

I am expecting something similar, bitcoin went down in price and now it is ranging and it does not seem as this is going to end anytime soon and I understand why people are getting desperate especially if they lost money since they got the FOMO and now are regretting their decision to buy when they did, but I think it is almost inevitable that we are going to see new all time highs by the end of the year as the fundamentals of bitcoin are too strong for this to not happen.

[BitcoinPanther]

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 think that we will have another ATH this year.  As far as  I can remember the ATH last 2017 were recorded somewhere around Sept.  so I think history will repeat itself.  Aside from that the current dip is just some sort of retracement, eliminating weak hands in order to prepare BTC for another rally to hit another ATH before the bear season comes.

[STT]

As far as 2017 goes the proper pullback was over the summer with the big fork and confusion on the disagreement there it was certainly a big speedbump that slowed down progress.  Of course some really did move across to a completely different blockchain thinking that was the future, it was a kind of damage but also purging not quite as negative as it might have first appeared.   The later ban by China was a savage but fairly brief sell off and quite a few people were caught off guard by how fast it recovered; again not quite the negative many assumed it must be.  Surprisingly price action far exceeded those previous levels, that led to a blow up kind of action also related to transaction fees also.  
  To compare to now, its a slow pullback not fast blip so I do think higher but could easily take more then the next 6 months to play out.   Just part of the landscape is how I see it because the scale of this move was far larger  more time is justified and still normal.   The fairly steady way its moved also makes me think its resolving in process filtering layers from retail to business and integrated investment.  BTC typically appears to trigger situations technically a few times before finely moving, needs a few rehearsals.  50 day underpinned the highs most of this year, its our cloud cover at present.

[onecall123]

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 think that we will have another ATH this year.  As far as  I can remember the ATH last 2017 were recorded somewhere around Sept.  so I think history will repeat itself.  Aside from that the current dip is just some sort of retracement, eliminating weak hands in order to prepare BTC for another rally to hit another ATH before the bear season comes.

Until December market could rise, so crypto bull run is not over yet.It doesn't make any difference to me becasue I don't have any more cash. I wish buying more soon if manage to sufficient cash. Unlikely we have been experiencing meme coin season rather than real crypto coin season. From my perspective, complete crypto season has not even started yet my friend.

[rodskee]

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.

The votes says it well mate and that is Yes Bitcoin will still making another ATh before this year ends and i think this is what we can expect from what the market is showing us.
WO thread is neutral at this point , some says bear but others are still Bull.

But what we are seeing is just another trend changing all the time this middle year but what about when the 3rd quarter rolls up?

I'm still positive that at least 65-70k is coming our way this 2021.

[justdimin]

I believe in Bitcoin to break a new record and see a new ATH in this year. But it will take a long time seemingly. For a long time, Bitcoin price has been going upwards and downwards between $30k and $40k. And it doesn't give green light for a new rally yet.

The only problem is that whatever we feel, the opposite happens. During the pandemic last year, bitcoin went as low as $5-6k and there was a nervous trader inside me who was holding tight the small amount of coins I had but felt like I might witness the end of the cryptocurrency era that last for nearly 10 years.

We all know what happened next? Boom! We reached nearly 10x the value of that price within a span of 6-8 months I think. Now we are all expecting a price jump during the end of the year and no doubt it can happen but given the nature of the bitcoin market, I will stay away from making any trades for the time being. Once even a small bull run starts, I will go big-time buying in because the bull run lasts much long than the bear run.

[LogitechMouse]

Right now, the current movement of Bitcoin is sideways. Its hard to know where it will be heading.

2 scenarios.
1. If it goes down below $30,000, the chances of a bear market is high at this moment and it could start the bear market too.
2. If it goes up above $40,000, the chances of Bitcoin trying to break down its recent ATH is high and we might see a new ATH at this time.

As of this moment, its hard to predict but with that 2 scenarios that I had in mind I know that will happen if one of them will happen which will happen anytime soon . One of the scenarios that I shared might happen at the 3rd or even 4th quarter of the year .

[jaberwock]

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 a good analyst but I strongly feel the price of Bitcoin by the end of this year would be between 50k and 60k the same which was at the starting of this year. The price moves up in the last quadrant of the year and if any bull run occurs now, I am sure we will be close to our already achieved ATH and the next year, surely the price will be much higher than the current ATH.

These are my speculations though and I have been proved wrong several times, I am ready to get surprised with a 100k within this year but I am not expecting it quite yet.

There are two types of people I have seen in almost every market. One who hopes for the best and settles for the average and the other who expects the average possible outcome and gets surprised with the best outcome, I find myself as the latter one.

[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 think that we will have another ATH this year.  As far as  I can remember the ATH last 2017 were recorded somewhere around Sept.  so I think history will repeat itself.  Aside from that the current dip is just some sort of retracement, eliminating weak hands in order to prepare BTC for another rally to hit another ATH before the bear season comes.

Hopefully, that can happen soon in a few months later, before the end of this year. If there is the next ATH, the price will be more than $64k and maybe that will be at somewhere in $75k-$85k. But it is hard to predict that since the bitcoin price does not break $40k and needs more time to wait for the price to start the rally. I consider that this bearish is the calm down moment because the bitcoin price is not rising too high or too low. The good news is we can still make a profit from the situation, although we are hard to analyze the time to enter the market.

[Woodie]

We are slightly over the mid year with a few months to go before the year ends and so far we have not received any bullish news so great to cause a reaction of price such that we have a new all time high and I honestly don't see this happening this year either.

Right now, the current movement of Bitcoin is sideways. Its hard to know where it will be heading.

2 scenarios.
1. If it goes down below $30,000, the chances of a bear market is high at this moment and it could start the bear market too.
2. If it goes up above $40,000, the chances of Bitcoin trying to break down its recent ATH is high and we might see a new ATH at this time.

As of this moment, its hard to predict but with that 2 scenarios that I had in mind I know that will happen if one of them will happen which will happen anytime soon . One of the scenarios that I shared might happen at the 3rd or even 4th quarter of the year .

Precisely and am with you on this one, price is kind of in some kind of consolidation phase and once we out of it then we know what price wants to do.