Will BTC Go for Another All Time High This Year?

[kotajikikox]

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 following WO thread for months now things that i don't usually do but what i find is that those other account the at some point Bully on bitcoin ? now coming bearish so I will wait until the end of 3rd quarter to decide on what to  do about my investments .

But I voted still for Yes because I'm not losing hope.

Maybe for another 6 months now there are still something that coming out, if this is ATh then best but if its not then lets see.

[1715158848]

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[Wind_FURY]

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.

PlanB’s Stock to Flow? Bitcoin breaks predictive models. In fact, it doesn’t need a model. If S2F truly breaks down, I believe it won’t cause fear or panic. It will simply be priced in, and become just “another prediction model” proven wrong. It’s only a prediction, it’s not as consequential as the Chinese mining ban.

[ultrloa]

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.

Although chances are there but I also wonder if we can really reach that $65,000 digits for this year there are so many fuds spread so I guess we will see sloppy market condition this year. Maybe we can see a rise but my price guess to possibly reached by bitcoin this year is $50,000. Let's just see if we really can see that or maybe it can surpass since every prediction is not accurate so its good to closely monitor the market if we want to enter at current figures.

[btc78]

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 near coming the mid of 3rd quarter yet there are no sign of Bitcoin climbing up again . for several months now the value keeps on declining. so i believe that it is hard to believe another ATH will come considering that the value is 50% lower compared to what is the All Time High value.
But still there are couple of years to go so there is possibilities or there may not.

[$crypto$]

~

we are near coming the mid of 3rd quarter yet there are no sign of Bitcoin climbing up again . for several months now the value keeps on declining. so i believe that it is hard to believe another ATH will come considering that the value is 50% lower compared to what is the All Time High value.
But still there are couple of years to go so there is possibilities or there may not.

Bitcoin doesn't change for the better to reach $40k it seems very difficult so how can we get past 50% of ATH before? I think this year is indeed difficult to prove bitcoin will go back in time.
I don't know how long this sentiment will last and another one is just a dump and a pump that will determine where bitcoin will go at the end of the year, but I think after we lose 50% of ATH and stay afloat this is still worth investing in if we still believe against this bitcoin sentiment.

But efforts will definitely change and we can see in the 4th quarter later.

[thecodebear]

Next year yes, this year no. Expect continue ranging at the bottom through the summer. Then in the Fall breaking out of the bottom and starting to build back up. Over $50k by end of year. Probably get back over $60k about a year after it first achieved that price (Feb/Mar '22). Moving up over $100k next summer.

[Hamphser]

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.

You would really expect different sentiments of different people since there are people who are die hard fans and there are no coiners too which you can really expect that
there would be some clash of their opinions but as having your own will then you would really be having that kind of own opinion or views towards the market.

Asking about all time high of this year? No one knows specially now that bitcoin is really moving sideways for some time as of this moment which its really hard to predict
whether it would be going up or down.

Thing here is that you do set out goals and possible back up plans towards your analysis.

[Sayeds56]

Next year yes, this year no. Expect continue ranging at the bottom through the summer. Then in the Fall breaking out of the bottom and starting to build back up. Over $50k by end of year. Probably get back over $60k about a year after it first achieved that price (Feb/Mar '22). Moving up over $100k next summer.

By the End of 2021 yes, we will see new All Time High as predicted by most of Technical analysts but it might go down further to 25K before it bounces back. Currently Bitcoin is Range bound since many weeks and moving between 36K to 30 though one time it went down to 28K but it quickly  bounced back from there as huge buying came in at 28K.

[Obito]

Though I have voted YES, I don't have complete confidence in that choice, Looking at the charts, the bulls are losing all the control and volume is decreasing day by day. The Chinese FUD is getting more and more heat these days, the miners have to relocate and it will be a big task. Hopefully, we will be seeing some positive news and get some volume in the upcoming months.

You should've, because if you look at the past charts of bitcoin, the pumps of bitcoin happened even though there's only one month left in a year plus I don't think it's not that bad to believe that bitcoin is going to be going for another ATH because bitcoin did this kind of thing in the past and it's not unlikely that it will do it again.

[Reatim]

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.

as we can observed from the votes conducted it is still people believes that there is a chance of having another ATH this year.

But looking at the market movements since last month?

>>>>>>>>>>>>>>>> https://coinmarketcap.com/

I think let us be contented on what we are having now, and besides we are still in hype these days valuing 30,000 above? this is far high from what we achieved in 2017 hype.

[tippytoes]

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.

as we can observed from the votes conducted it is still people believes that there is a chance of having another ATH this year.

But looking at the market movements since last month?

>>>>>>>>>>>>>>>> https://coinmarketcap.com/

I think let us be contented on what we are having now, and besides we are still in hype these days valuing 30,000 above? this is far high from what we achieved in 2017 hype.

I do agree that the value of $30k above is actually much better than previous years as the truth is, we have just seen this value only this year. But if there will be another bull run for this year, why not? We are just halfway this year and the possibility of reaching another ATH may happen again. As we have seen that more and more countries are now formulating some sort of legislation towards crypto. After El Salvador, we have Paraguay -  https://www.coindesk.com/paraguay-bitcoin-law-crypto-mining-registration. If this will continue, this may affect btc price in the market on a positive level.

[Wind_FURY]

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 near coming the mid of 3rd quarter yet there are no sign of Bitcoin climbing up again . for several months now the value keeps on declining. so i believe that it is hard to believe another ATH will come considering that the value is 50% lower compared to what is the All Time High value.

Bitcoin is also known for its potentiality to surge twice, or thrice it’s current market value within weeks. 2021 is not yet over.

But still there are couple of years to go so there is possibilities or there may not.

If the pattern continues from previous cycles, next 3 years starting 2022 will be the long bear market, after the end of the current bull market. BUT, if it broke the pattern, and the May - June crashes actually were “a” bear market done quickly, then we are back to the mean?

[Rasa nanas]

Next year yes, this year no. Expect continue ranging at the bottom through the summer. Then in the Fall breaking out of the bottom and starting to build back up. Over $50k by end of year. Probably get back over $60k about a year after it first achieved that price (Feb/Mar '22). Moving up over $100k next summer.

then what basis do you have thoughts like that? I believe that the current price is not the bottom point of the bear market this time because bitcoin only lost 50% of its high price. most likely in the following months bitcoin will again experience a fairly deep price decline, it will likely drop to $20k-$15k and will rise again even though it won't reach $60k again let alone $100k.

[mrjoy15]

Next year yes, this year no. Expect continue ranging at the bottom through the summer. Then in the Fall breaking out of the bottom and starting to build back up. Over $50k by end of year. Probably get back over $60k about a year after it first achieved that price (Feb/Mar '22). Moving up over $100k next summer.

then what basis do you have thoughts like that? I believe that the current price is not the bottom point of the bear market this time because bitcoin only lost 50% of its high price. most likely in the following months bitcoin will again experience a fairly deep price decline, it will likely drop to $20k-$15k and will rise again even though it won't reach $60k again let alone $100k.

Some people are so optimistic that to predict to look again $40K, $50K, $60K then new highs but there's no chance. In coming days Bitcoin will go further down, so i'm waiting for below $25K or even lower. I can't deny other opinion though because i know the opposite will happen. Either way it's definitely going somewhere.

[geegaw]

Though I have voted YES, I don't have complete confidence in that choice, Looking at the charts, the bulls are losing all the control and volume is decreasing day by day. The Chinese FUD is getting more and more heat these days, the miners have to relocate and it will be a big task. Hopefully, we will be seeing some positive news and get some volume in the upcoming months.

Optimism is a very redundant indicator in each of us for bitcoin but even inheriting such a belief, we cannot ignore the connection with reality, bitcoin is not having much of a chance to continue to rise further this year, influence from whales, some funds then China, a diverse chain of events to lower the value of bitcoin. All sides seem to be the enemy and bitcoin is missing too many allies, another high is just a guess in case strong allies appear but perhaps allies have traveled after the time when bitcoin broke out strongly

[Rajamuda]

Although I'm not very good at reading price movements from fluctuations, clearly I still strongly believe that bitcoin will still be able to reach new highs this year. However, from time to time until now, the development of bitcoin enthusiasts is increasing, the popularity and activities in it have been taken by many people for their lives, and more people are also being pushed by the situation that bitcoin is legit to invest, which promises more profit.
Some people say it will hit $100k in December this year, but that's just a prediction.

[tokeweed]

Whatever you do, don’t look at the monthly chart.  -_-

It’s really looking close in entering another long bear market.  The weekly isn’t that much better too.  The daily chart looks like it has some hope tho...  Lol.  Which I find odd.

And I’m surprised there’s only 64 people who voted.  Seems like there’s like a hundred people itt.

[Quidat]

Whatever you do, don’t look at the monthly chart.  -_-

It’s really looking close in entering another long bear market.  The weekly isn’t that much better too.  The daily chart looks like it has some hope tho...  Lol.  Which I find odd.

And I’m surprised there’s only 64 people who voted.  Seems like there’s like a hundred people itt.

Bitcoin could fucked up charts instantly where everyone do really  believe on some possible bull run but it could really go on the other way around and  this is why im not really that much of a fan on looking at charts
but at least im trying to check out on what are the patterns been showing and give out some idea at least  but not really a reliable thing to be put on into your analysis but its up to someone though on how they do gonna handle up things and asking about another all time high? Its hard to tell specially now that bitcoin is moving sideways for a while now and we cant say on whats the next possible movement to happen.
Thing here is that you do prepare up on something neither on bull run or an another long time bearish run that we had experienced in the past.

[Distinctin]

Although I'm not very good at reading price movements from fluctuations, clearly I still strongly believe that bitcoin will still be able to reach new highs this year. However, from time to time until now, the development of bitcoin enthusiasts is increasing, the popularity and activities in it have been taken by many people for their lives, and more people are also being pushed by the situation that bitcoin is legit to invest, which promises more profit.
Some people say it will hit $100k in December this year, but that's just a prediction.

Honestly, we live here too optimistic even the reality is that we are entering the bear season. We can't hold the market and pushes it back high again as we are not in control of them. If the market will dump, that is a normal scenario. Remember that not all the time we are in the bull market, the trend has already changed and we are now on the declining trend.

We have Bullrun last 2017, it started to drop in 2018, and in 2021 the history repeat. This is a market cycle, have to accept this.

[STT]

Just being very simple here and drawing across the page, we really need to see 33k again as some kind of closing weekly bar support else I would guess 29k becomes more viable for an objective down for similar reasoning in that is a settled price we have recorded previously with volume.
  We traded this lower range briefly in late Jan and the lower end is about the highs for 2020 so psychologically important as a marker to progress I guess, somewhere the market might struggle over while deciding direction.