Will BTC Go for Another All Time High This Year?

[ShowOff]

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.

It is always reasonable to expect bitcoin to break its last ATH price because we have seen evidence that this year bitcoin has managed to hit a record 3x ATH 2017. If you consider a 4 year cycle, it could be from October to January 2022 that bitcoin price will be in a bullish trend other. Meanwhile, an optimistic attitude must always be present if we are directly involved in bitcoin trading and investing. We hope for profit, of course we always want the price to break the sky.

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[geegaw]

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.

Sometimes we think that history can be rewritten but i don't appreciate this element because it is quite spiritual and impractical, instead of looking at such old figures, we might be more interested in economics as this is a possible source of further impetus for bitcoin and the economy is falling for a cause we all know. The process in a simple way is that to revive the economy, the government will pump more capital into the market and the banks, some of the money will go to gold, real estate, stocks and bitcoin

[Pamadar]

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:)

Very possible to see more, with how the market repeating itself it's best to keep your assets safe.

And if you do have more money to spare buy at this range and wait for the market to pump up before selling your coins, there's a good potential that the market will show for more bull after this correction, last quarter of this year may bring good market valuation as cycle
will turn between bear and bull.

[dmamigo]

Probably it can with such a good resistance for a steep fall, it is quite possible for us to see the new all-time high within this year. The holders are increasing because of the madness and somehow Elon Musk is also a part of this obviously. I do understand that the transaction by using BTC has been lowered due to the fees but I think there are other strong components or factors which will hold and help it to grow to reach a new high.

[Lorence.xD]

I think that we will see another ATH before this year ends, I think that with 6 months or so left, bitcoin can still do something miraculous and get another ATH or probably two more ATH. I always believe that when bitcoin is constantly on the low, the price will rally real high kind of like an arrow being pulled back.

[magneto]

Personally think that it is highly doubtful.

Bitcoin has had a very significant run-up over the entire year thus far and I think given the current decline in FOMO it'll be very difficult for any further gains to be made.

I think that it is more likely we'll see a period of consolidation at this $30k level, and then see a period of steady decline into 2022/2023 where usually the hype from the halving dies down, before the resurgence of a bull market heading into 2024/25.

[Webetcoins]

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

I guess that we do not need to change the old target of December month of 2021 due to recent correction. Bitcoin market is still trading stronger above $30k levels and we are having exactly 6 months of time left in this year, hence I guess bitcoin will definitely will test the old speculative level of $100k before end of this year which means the current ATH may get broken in coming months like how bitcoin was trading by the times of early months of this year.

Some people are still confident about reaching around $300k levels within this year but I believe first we need to sustain above $100k levels and then we can think about all other targets for this year.

[Questat]

I think that we will see another ATH before this year ends, I think that with 6 months or so left, bitcoin can still do something miraculous and get another ATH or probably two more ATH. I always believe that when bitcoin is constantly on the low, the price will rally real high kind of like an arrow being pulled back.

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.

[michellee]

I think that we will see another ATH before this year ends, I think that with 6 months or so left, bitcoin can still do something miraculous and get another ATH or probably two more ATH. I always believe that when bitcoin is constantly on the low, the price will rally real high kind of like an arrow being pulled back.

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.

We can hope to see the bitcoin price back to $60k before this year ends. But we do not know when this bear market will end, but we can feel relieved as the bitcoin price is not go down below $30k and hopefully, it will not drop too deep. I agree that the bull run can come again this year before the year-end. Meanwhile, we need to enjoy this moment and still make a profit from buying low and selling high.

[leea-1334]

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

Very possible to see more, with how the market repeating itself it's best to keep your assets safe.

And if you do have more money to spare buy at this range and wait for the market to pump up before selling your coins, there's a good potential that the market will show for more bull after this correction, last quarter of this year may bring good market valuation as cycle
will turn between bear and bull.

Oh of course for sure,,, I am not keen at all to put my crypto into exchanges and DEXs and all that,,, not when it is so volatile and rug pulls happning everywhere. I think even those people wrapping their Bitcoins into Polkadot and pNetwork and what not if one of those networks exit scams they will be a lot of blood.

Just keeping BTC safe. Even if 100k ATH this year or next I am not selling, just enough for a bit of money and then wait for next ATH in 2025;)

[el kaka22]

Nobody can really know what is going to happen man, we can try to make predictions and guess what will happen but it is purely just assumption and that is why there is no logic behind this. If it happens it happens, if not then all is still well so there is no rush to make it go back up again. Maybe it will go up in 2022, maybe in 2023 and who knows maybe in 2024? That is why there is no rush to this. Remember all that talk about 4 year cycles? Well in 2020 we were doing just fine, and start of 2021 as well, by that logic we should be going up again very high at late 2024 and early 2025 and until those years we should not be doing anything at all.

I still think the difference between 2017 and 2021 wasn't exactly 4 years, because 2018 was a bad year but 2019 was a good year as well, and 2020 was a good year too. It means we could have a bad 2021 (or already having one) and then 2022 could be fine and 2023 would be even better and 2024 would be high peak? I do not know of course, just making assumptions.

[ILuckyGuyI]

I say yes. Because I don't expect this bearish period to last until the end of the year. We will continue to see these levels until the end of this summer I think. After that, I expect a new bull market to start. And before the end of the year, we may even see a level near $100k maybe, who knows. But I'm confident about a new ATH.

[Silberman]

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.

Well all time highs are not as rare as it may seem, after all I think there was a week in which we had like 4 or 5 all time highs and during this year we had an all time high during the first 5 months, the only exception was June which has just ended a few days ago, this should give us perspective about how the market of cryptocurrencies moves, people are bearish and yet the market was still strong until May of this year and while I understand why they think like this, to me a new all time high before this year ends is almost inevitable.

[Rengga Jati]

Although we are not sure about this enough, and although BTC itself has reached its new ATH during the last bearish some month ago,
I personally said "yes" and click on the "Yes" poll.
Why?
I don't know, only want to click "yes" 
And AM I really sure?
Not at all.
But, I have a little bit of expectation that the price of Bitcoin can be back again to reach more than $50k at least in Q4.
Let's see f there is no big FUD again in the future, it can be able to reach another ATH again.

[rhodelmabanal]

Although we are not sure about this enough, and although BTC itself has reached its new ATH during the last bearish some month ago,
I personally said "yes" and click on the "Yes" poll.
Why?
I don't know, only want to click "yes" 
And AM I really sure?
Not at all.
But, I have a little bit of expectation that the price of Bitcoin can be back again to reach more than $50k at least in Q4.
Let's see f there is no big FUD again in the future, it can be able to reach another ATH again.

Well I also vote for yes because because I really want bitcoin to rise up high and reach another ATH and I believe that it is not only me who wanted bitcoin to rise, all crypto investors wanted bitcoin to rise because if bitcoin will rise some altcoins will also rise and it is more easy to get some profit if the market will turn back to bullish.

[Oilacris]

Although we are not sure about this enough, and although BTC itself has reached its new ATH during the last bearish some month ago,
I personally said "yes" and click on the "Yes" poll.
Why?
I don't know, only want to click "yes" 
And AM I really sure?
Not at all.
But, I have a little bit of expectation that the price of Bitcoin can be back again to reach more than $50k at least in Q4.
Let's see f there is no big FUD again in the future, it can be able to reach another ATH again.

Well I also vote for yes because because I really want bitcoin to rise up high and reach another ATH and I believe that it is not only me who wanted bitcoin to rise, all crypto investors wanted bitcoin to rise because if bitcoin will rise some altcoins will also rise and it is more easy to get some profit if the market will turn back to bullish.

We do all want for it to rise but we know that this market isnt predictable which means its neither it would be reaching new ATH or would have an another crypto winter or bearish market which would in result

into dumping of price and starts up the waiting game just like on what happened on 2018 to late 2020 and now we had recovered and reached out all time highs. Bitcoin had never failed to impress us

but we should always bare in mind that nothing do last out forever and nothing is assured and no man could predict the future.So this means that it would all matter with risk.

[kayiboyu]

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.

[Hypnosis00]

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.

And you say so...But, maybe we have to consider the current market situation and clearly, it wasn't strong enough to lift the market for another $60k. Maybe in the next 4 years (or earlier), but this gonna be impossible this year.

We're done already with the bullish season, it was time to embrace the bear market. This is not new to everyone, it is a market cycle and that is no surprise when seeing the market price decline.

If we miss the previous bear season, then this is our time to buy coins and hold for the next pump.

[Kittygalore]

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.

I believe it too but I don't think that it will be that big of a difference with the previous ATH that is going to happen because I am pretty sure that it's impossible for bitcoin to do a big jump in less than 6 months or so.

[molsewid]

Although we are not sure about this enough, and although BTC itself has reached its new ATH during the last bearish some month ago,
I personally said "yes" and click on the "Yes" poll.
Why?
I don't know, only want to click "yes" 
And AM I really sure?
Not at all.
But, I have a little bit of expectation that the price of Bitcoin can be back again to reach more than $50k at least in Q4.
Let's see f there is no big FUD again in the future, it can be able to reach another ATH again.

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.