Will BTC Go for Another All Time High This Year?

[BlackHatCoiner]

I like how you've chose to enter the “No idea” option in the poll. It's like purporting that whoever picks “Yes” or “No” is damn sure. 

I guess that August-September will be a bullish period for all cryptocurrencies. I obviously chose “No idea”, because you can't be sure for anything in the field of these fully-fluctuating commodities. The thing is that, you can't know how many dollars it'll reach. I follow the S2FX model, but that's just for the long term (which seems also promising). In these, relatedly, short periods you can't have a clue for the ATHs.

[1715617007]

1715617007

[1715617007]

1715617007

[1715617007]

1715617007

[Review Master]

I guess that August-September will be a bullish period for all cryptocurrencies.

Indeed, we could see bullish months ahead, but it could be a dead cat bounce as per previous history from bull seasons. But that could be a great opportunity for bitcoin to take another bullish rally if we get huge volumes in that time. In the meantime, we need to wait for the rebounding to see whether market will take another bullish rally or going to start the bear market after that dead cat bouncing.

[Dhaniii]

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.

Not sure at all for this year can reach $65k bitcoin price. for now there is no news or cases that can trigger the king of sleep, so bitcoin bounced back in such a short time. but above $35k - $45k it could possibly go up and breathe again.

[perfect999]

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.

For sure, we must not sell the coins below the price we bought them because that's insanity. If you are in the crypto trading you must be well prepared for these swings and they are nothing new neither, we have seen such things happen almost every year and sometimes a couple of times within the same year, so nothing to panic about or fear about.

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.

I would go even one step further and think like this: Okay the market is down but what is the most likely movement from this point? Surely the movement will be upwards from here at least it's much more likely than price going even more down. You bought bitcoins for a higher price, no problem, just wait it out and selling at loss is probably the worst decision, unless of course, you need the money badly for something else.

[$crypto$]

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.

It may still be possible between the ranges mentioned but this effort must be stronger than the various resistances that exist I think bitcoin has now lasted longer than half ATH now we will see how it will go up or down which is important in the middle of this for sure It's not going to happen after a few months of holding on and indeed this analysis should be strong in light of the speculation we're talking about.

In fact I also wouldn't be surprised if it hit ATH again this year which is different from the previous one and a bit more resilient to bad news attempts than the previous year which was so weak, so a big FUD won't affect the exaggerating price.

[milewilda]

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.

Not sure at all for this year can reach $65k bitcoin price. for now there is no news or cases that can trigger the king of sleep, so bitcoin bounced back in such a short time. but above $35k - $45k it could possibly go up and breathe again.

Would really hard to determine because we know that news could just pop out from nowhere on where everybody wasnt expecting and this had been done or happen for how many times.
This is why i dont mind that much when it comes possible price in the future or just simply within months or even in the  end of the year since its always unpredictable.
You cant tell on when news specially hype and fud would happen where it is the greatest factor that could led to change of market trends.
So you should be prepared no matter what situation you might fall into.

[Questat]

You cant tell on when news specially hype and fud would happen where it is the greatest factor that could led to change of market trends.
So you should be prepared no matter what situation you might fall into.

We already witness the bull run, we should also be prepared to face the bear market.

There are only two sides of the market situation in crypto, one is bullish, and the other is bearish, it should always be that way as the market is always volatile. If you can't handle it during the time it's bearish, then you don't deserve it when the market is bearish.

[AmoreJaz]

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.

Not sure at all for this year can reach $65k bitcoin price. for now there is no news or cases that can trigger the king of sleep, so bitcoin bounced back in such a short time. but above $35k - $45k it could possibly go up and breathe again.

Would really hard to determine because we know that news could just pop out from nowhere on where everybody wasnt expecting and this had been done or happen for how many times.
This is why i dont mind that much when it comes possible price in the future or just simply within months or even in the  end of the year since its always unpredictable.
You cant tell on when news specially hype and fud would happen where it is the greatest factor that could led to change of market trends.
So you should be prepared no matter what situation you might fall into.

one big news, and it may create big impact in the market. however, we don't know when and what it would take to change again the path. however, considering that we are still above 30k, which has not been in the past years, i can say, we are still doing good. but not good of course for those who bought it above 40k. those are the ones that are waiting for btc to go up and waiting for good news to happen.
we are just halfway this year, and the possibility of another bull run is always there. we just need another trigger factor that will move the market.

[justdimin]

I like how you've chose to enter the “No idea” option in the poll. It's like purporting that whoever picks “Yes” or “No” is damn sure. 

I guess that August-September will be a bullish period for all cryptocurrencies. I obviously chose “No idea”, because you can't be sure for anything in the field of these fully-fluctuating commodities. The thing is that, you can't know how many dollars it'll reach. I follow the S2FX model, but that's just for the long term (which seems also promising). In these, relatedly, short periods you can't have a clue for the ATHs.

I guess that is the only logical option isn't it ? Thinking about how bitcoin is not something that anyone can have a sure answer to, that should probably mean that we should not be looking to know what the price will be, we can "guess" but then it is just made up assumption and nothing more, that is why I doubt any of this really matters.

However in this case there are three main options, do we think it could reach new highs? Do we think it won't, or do we have absolutely zero idea? Not in the sense that "it WILL go to new ATH" but more like "it may" in the answers, so if you think it "may" go there then you pick that, and if you think "it looks unlikely" then you say no, and if you have absolutely zero idea what is going to happen then all you can do is click no idea. These type of prediction stuff usually do not mean that you should be absolutely 100% sure of what is going to happen, it is just based on your assumptions.

[Rasa nanas]

I would say no, it's impossible in my opinion. currently the bitcoin price is still in a downtrend, it's just that it's still stuck around $33k. I'm not too sure if the bear market is over and I'm still sure that after this the bitcoin price will go down again.  I don't expect much, I just hope the bitcoin price doesn't drop too far in this bear market.

[ethereumhunter]

I would say no, it's impossible in my opinion. currently the bitcoin price is still in a downtrend, it's just that it's still stuck around $33k. I'm not too sure if the bear market is over and I'm still sure that after this the bitcoin price will go down again.  I don't expect much, I just hope the bitcoin price doesn't drop too far in this bear market.

Who knows, bitcoin can get another time to increase and reach the other highest price. This year still has 5 months later to be the end of this year, so I guess we still have more times to see if bitcoin will hit the next ATH or stay at the current price or go low than the current price. We need to wait for that until the end of this year and if there is a chance for us to buy more bitcoin, we should use that before that chance leaves us.

[tokeweed]

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.

Not sure at all for this year can reach $65k bitcoin price. for now there is no news or cases that can trigger the king of sleep, so bitcoin bounced back in such a short time. but above $35k - $45k it could possibly go up and breathe again.

Would really hard to determine because we know that news could just pop out from nowhere on where everybody wasnt expecting and this had been done or happen for how many times.
This is why i dont mind that much when it comes possible price in the future or just simply within months or even in the  end of the year since its always unpredictable.
You cant tell on when news specially hype and fud would happen where it is the greatest factor that could led to change of market trends.
So you should be prepared no matter what situation you might fall into.

one big news, and it may create big impact in the market. however, we don't know when and what it would take to change again the path. however, considering that we are still above 30k, which has not been in the past years, i can say, we are still doing good. but not good of course for those who bought it above 40k. those are the ones that are waiting for btc to go up and waiting for good news to happen.
we are just halfway this year, and the possibility of another bull run is always there. we just need another trigger factor that will move the market.

But don’t forget, it could obv go either way too.  One big bad news will surely make a negative impact and break everything down like a house of cards...  In the end, our fate is at the mercy of however the market reacts to events outside our control. Who would’ve thought how it all panned out with China this year when we’ve already seen these happen before since 2014 and resulted to nothing.  I honestly thought the China ban was just another empty threat til I saw miners running away.  Lol.

[BrewMaster]

But don’t forget, it could obv go either way too.  One big bad news will surely make a negative impact and break everything down like a house of cards...  In the end, our fate is at the mercy of however the market reacts to events outside our control. Who would’ve thought how it all panned out with China this year when we’ve already seen these happen before since 2014 and resulted to nothing.  I honestly thought the China ban was just another empty threat til I saw miners running away.  Lol.

you need to study events of 2017 once more. we had the same things back then also. some negative nonsense that crashed the price exactly like this after each major rise to fill the whale pockets with cheap bitcoins then the jump continued.
the market doesn't have the power to go to $10 million over night and it also doesn't have the power to dump down a lot below the bitcoin value either. it doesn't matter how much more fake bad news they come up with.

[geegaw]

I would say no, it's impossible in my opinion. currently the bitcoin price is still in a downtrend, it's just that it's still stuck around $33k. I'm not too sure if the bear market is over and I'm still sure that after this the bitcoin price will go down again.  I don't expect much, I just hope the bitcoin price doesn't drop too far in this bear market.

Also can't confirm this right away because we've had a lot of pivotal months for bitcoin, I'm not clear on the events involved but the times near the end of the year are relatively a constant history of bitcoin, sometimes we don't need a certain event to help bitcoin grow, bitcoin still automatically forms an uptrend without regard to other matters, the past has been the lesson that we have consulted. Of course, the view of beliefs and the story of the past is only part of the convincing, the rest is to consider the next move of bitcoin and how it overcomes this entanglement

[dunfida]

No one knows.!  

If someone do know on what would happen in the future then he would make himself God damn rich.
Invest on the amount that you can afford to lose.

Neither you do make active trade or would hold like forever then you would see if your investment decisions do turn out well.Always mind off that nothing
cant be predicted on whats ahead and anything does have risk.

[ancafe]

No one knows.!  

If someone do know on what would happen in the future then he would make himself God damn rich.
Invest on the amount that you can afford to lose.

Neither you do make active trade or would hold like forever then you would see if your investment decisions do turn out well.Always mind off that nothing
cant be predicted on whats ahead and anything does have risk.

well, since a long time ago, no one knew exactly what the bitcoin price would be like. it's just that, looking at what's happening right now, it seems hard to see a new ATH this year. although I think that the price of bitcoin can reach a price of $100k this year, but I'm still thinking, whether the price of bitcoin can really reach a price above $40k again this year. because when the price of bitcoin reaches that, then the price will drop quickly.

[Ararbermas]

Not sure at all for this year can reach $65k bitcoin price. for now there is no news or cases that can trigger the king of sleep, so bitcoin bounced back in such a short time. but above $35k - $45k it could possibly go up and breathe again.

it's unpredictable for now if it has possibility to reach the current all time high value. but i believe also that this year its not yet done and still possible to happen again. wherein maybe soon when market become fully recovered and there are some positive news because for sure bitcoin will surge again to the top. As of now those positive news cannot made an impact in the market because of some factors, but once market become free again, expect there's a good improvement afterwards before this year end.

[lenovop-70]

I remember last year when it was 2020, BTC market is almost like this month, and suddenly BTC goin up and up, so if you asking BTC will rise to $65K, i said yes, its just what my feeling said, without analyse.
But if you asking analyse, the expert said BTC will go up after $40K, or maybe $42K for good foundation to jump, and BTC will go down to $20K if BTC still sit down around $30K in the next 3 months. DWYOR.

[Argoo]

If Bitcoin doesn’t hit $115K by year end it will signal a breakdown on one of the most accurate prediction models. That departure alone might be enough to spook the market into a self fulfilling downward cycle of cascading liquidations. I don’t think it would be the end of Bitcoin, just the end of dreams of hitting over a million per BTC in 2025.

I think that the cryptocurrency market will grow in price terms since autumn, but not so fast that it will again reach previous price records. Anyway, this year we will not see the price of bitcoin over $ 65,000. So I don't know how about accurately predicting the price of bitcoin at 115,000 by the end of the year and the prospect of up to one million. While this is all fantasy.

[BigBos]

so far, although there is no information that can make the price of bitcoin go up, but I still believe the price of bitcoin can reach a price above that. well, even though it requires an increase of more than 100%, but I'm pretty sure it can be achieved. well, this year provides quite a lot of lessons about it. if the price of bitcoin can increase from $20k to $60k in some time, then it can also happen at this time.