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Author Topic: When will bitcoin reach its all-time high?  (Read 924 times)
Baofeng
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April 04, 2022, 01:08:36 PM
 #21

I guess the OP needs to understand that bitcoin price is not going to go on a parabolic rise. Sooner or later we will see a decline and that's what we are seeing right now.

And for reference, bitcoin have shown a 4 year cycle, so I guess we should wait for the next halving (catalyst for the next bull run). So sorry to burst the bubble to the OP, but you have to wait, and the best thing to do right now is to continue to accumulate so that you will get a good profit in the next bull run.

 
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April 04, 2022, 01:28:37 PM
 #22

I sometimes wonder, if people always expect bitcoin to reach ATH, then what will be done next if it is achieved other than selling (and then buying again)? I guess it will just trigger another accumulation of large sums to some centralized place because that's all bitcoin can do while it hasn't gained global trust yet. I also expect ATH in other terms (All Trust High).

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April 04, 2022, 01:45:57 PM
 #23

I guess the OP needs to understand that bitcoin price is not going to go on a parabolic rise. Sooner or later we will see a decline and that's what we are seeing right now.

And for reference, bitcoin have shown a 4 year cycle, so I guess we should wait for the next halving (catalyst for the next bull run). So sorry to burst the bubble to the OP, but you have to wait, and the best thing to do right now is to continue to accumulate so that you will get a good profit in the next bull run.

Wow, you sound really confident in your claims. How come you are so certain that it won't reach new ATH this year or the next? I personally think that it will bounce once more, reach new ATH and then the bear market will start and it will correct until the halvening in 2024. However, I have nothing to base my claims besides my own hunch Smiley

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April 04, 2022, 01:59:37 PM
 #24

I think it’s difficult to predict when bitcoin will recover again.Bitched price already touched $68k+ in 2021 but now bitcoin price around $45k+. Then and now huge difference in price. I Think it will be happen in future but this year i think it’s difficult. Last 2 month bitcoin price $40k+ or Down but i hope bitcoin price will be reached $50k+ this year again but all time high i think it will be happened in future.
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April 04, 2022, 02:05:41 PM
 #25

I sometimes wonder, if people always expect bitcoin to reach ATH, then what will be done next if it is achieved other than selling (and then buying again)? I guess it will just trigger another accumulation of large sums to some centralized place because that's all bitcoin can do while it hasn't gained global trust yet. I also expect ATH in other terms (All Trust High).
ATH is the hope of everyone who invests in bitcoin, but there are some people who do not target ATH as a reference, but their main reference is at the price they have set, even though ATH is only achieved if the target price they set has not been reached, they will still hold it.
When ATH occurs, of course, accumulation will occur and that's for sure, it is needed to stabilize market prices.
There is still little trust in bitcoin globally, but gradually bitcoin adoption is becoming more and more common. This will also allow bitcoin to gain great trust globally.

 
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April 04, 2022, 03:28:41 PM
 #26

I guess the OP needs to understand that bitcoin price is not going to go on a parabolic rise. Sooner or later we will see a decline and that's what we are seeing right now.

And for reference, bitcoin have shown a 4 year cycle, so I guess we should wait for the next halving (catalyst for the next bull run). So sorry to burst the bubble to the OP, but you have to wait, and the best thing to do right now is to continue to accumulate so that you will get a good profit in the next bull run.
Wow, you sound really confident in your claims. How come you are so certain that it won't reach new ATH this year or the next? I personally think that it will bounce once more, reach new ATH and then the bear market will start and it will correct until the halvening in 2024. However, I have nothing to base my claims besides my own hunch Smiley
He is confident because he have his own reference but of course that is not guaranteed. Many factors can still affect the movements of btc. There might be a really good news and that would lift the price skipping that 4 year cycle he was saying. As of now there is no major good news but we can see that btc is still on its way breaking that 50k barrier and once it breaks we know what is next. Price can jump faster hitting that all time high's.

The next thing that can happen after this is already described above by you. A couple of months to enjoy the bull isn't bad at all so it's fine if we can also wait for at least a year before the new bulls happen again.
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April 04, 2022, 04:24:26 PM
 #27

I sometimes wonder, if people always expect bitcoin to reach ATH, then what will be done next if it is achieved other than selling (and then buying again)? I guess it will just trigger another accumulation of large sums to some centralized place because that's all bitcoin can do while it hasn't gained global trust yet. I also expect ATH in other terms (All Trust High).
ATH is the hope of everyone who invests in bitcoin, but there are some people who do not target ATH as a reference, but their main reference is at the price they have set, even though ATH is only achieved if the target price they set has not been reached, they will still hold it.
When ATH occurs, of course, accumulation will occur and that's for sure, it is needed to stabilize market prices.
There is still little trust in bitcoin globally, but gradually bitcoin adoption is becoming more and more common. This will also allow bitcoin to gain great trust globally.
Five more years from now and your holding might bblow your own mind .

just like the good old days when the price of bitcoin were $400 and suddenly reached $15,000 in just a couple years , the rise is almost a sure thing but the question is ... will you strong enough holding it when the market went free fall? crypto is not for everyone at that point , but the one who understand the whole concet of crypto , the whole concept of bitcoin , wouldn't mind to see his coins went to -90%

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April 04, 2022, 04:59:27 PM
 #28

Of course Bitcoins are going to recover from the decline. In my opinion we are already in the middle of the recovery. If we look at the bitcoin price at the start of the Ukraine-Russia war it is now much higher even though the war has not ended. The world is facing a lot of problems this year, rising energy prices, rising inflation, declining world trade, rising refugee numbers and ongoing covid crisis. With so many issues it comes as a surprise that Bitcoins are still trading so strong. I would expect the worst to be behind us in the next 6 month. We could see a new ATH for bitcoins in November/December this year.
I agree, the world is definitely in a horrible situation, but considering all of it is related to just how "well" we can live, and not about our existence, there are bigger and existential crisis that have been around and ignored for decades, like climate change for example, or not managing to focus on interplanetary life, which we could do in mars as we all know but haven't put enough resources in so far.

All in all I have to say that it is not really that good for us to consider it the way it is right now, because humans could live a worse life but could at least live, we had much worse life back in the day because of lack of technology, right now we are just not living to the fullest we could live.
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April 04, 2022, 10:08:28 PM
 #29

the world is definitely in a horrible situation, but considering all of it is related to just how "well" we can live, and not about our existence, there are bigger and existential crisis that have been around and ignored for decades, like climate change for example, or not managing to focus on interplanetary life, which we could do in mars as we all know but haven't put enough resources in so far.

All in all I have to say that it is not really that good for us to consider it the way it is right now, because humans could live a worse life but could at least live, we had much worse life back in the day because of lack of technology, right now we are just not living to the fullest we could live.
That is not alright though. I mean if humanity developed to a great level, and everything we want is here but we just can't afford it or have no way of getting it, then it is not really an ideal world to live in anyway.

Climate change is a big deal, and should be considered for sure, but at the same time if we have the tech for some entertainment and betterment of our world but we can't do it because we can't afford to, then it is not a good life at all.

Like I have been using the same old pc for many many years, it is barely working and I need a new one, and I am looking at bad versions, ones with either no GPU or very low ones like 1070 or so. The idea that "if you can only afford that, then you have to get that" is beyond me. Why wouldn't we have 3090 in ALL computers, we have the tech for it, only thing lacking is money which is arbitrary and made up.
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April 04, 2022, 11:29:51 PM
 #30

I sometimes wonder, if people always expect bitcoin to reach ATH, then what will be done next if it is achieved other than selling (and then buying again)? I guess it will just trigger another accumulation of large sums to some centralized place because that's all bitcoin can do while it hasn't gained global trust yet. I also expect ATH in other terms (All Trust High).
ATH is the hope of everyone who invests in bitcoin, but there are some people who do not target ATH as a reference, but their main reference is at the price they have set, even though ATH is only achieved if the target price they set has not been reached, they will still hold it.
When ATH occurs, of course, accumulation will occur and that's for sure, it is needed to stabilize market prices.
There is still little trust in bitcoin globally, but gradually bitcoin adoption is becoming more and more common. This will also allow bitcoin to gain great trust globally.
Five more years from now and your holding might bblow your own mind .

just like the good old days when the price of bitcoin were $400 and suddenly reached $15,000 in just a couple years , the rise is almost a sure thing but the question is ... will you strong enough holding it when the market went free fall? crypto is not for everyone at that point , but the one who understand the whole concet of crypto , the whole concept of bitcoin , wouldn't mind to see his coins went to -90%

Only people who have studied the crypto world properly, then understand how the crypto world works, the person can know that Bitcoin is an asset
that has a bright future. Because as you said, we can learn from the history of Bitcoin movement, which was very cheap when it first appeared
on the market. Then the development is very fast, we can imagine if we are early adopters, how rich we are with the current Bitcoin price. So I think
we should not focus too much on when Bitcoin will reach ATH, the most important thing is that we just focus on collecting Bitcoin according to
our respective financial capabilities. After that we hold in the long term, then we can feel a big profit from Bitcoin.

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April 04, 2022, 11:35:53 PM
 #31

When is not my concern so much, unless you need to sell why would you care especially.  I'd rather it stay low near term as I have a better ability to gain more then if it goes up to a higher price.   
   I think BTC is quite positive near term, even medium term it seems to be trending positively.   An example of this would be the last few weeks where pricing has traded above the 50 week average, last week was mildly negative but we maintained the lows positively in this way.
    The next objective to watch out for answering this question of greater pricing would be to see the same occur with the 200 day average, so thats about 48k.   Get a close on Sunday of each week above 48k, then have it maintain above that and we can start to accumulate momentum which is part of how we challenge the higher prices.   Otherwise assume we need more time to hang around here and gain energy and involvement from all corners of the market.   I see Dollar topping really but these things are not known yet, hype comes after people gain a feeling of certainty.

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April 05, 2022, 01:54:30 AM
 #32

^^ Yeah, I think $48k is still the number that we will have to monitor and see if bitcoin will make a run and continue this run or not.

And we have broken it already, unfortunately, it was not a sustain run. But it's interesting that we have maintain a level at $46k and not going down hard as others might have expected that this could be just a case of manipulation from behind. But we are almost a week now in this month and the price looks very strong short to mid term.

 
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adaseb
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April 05, 2022, 02:27:44 AM
 #33

Since we made a lower low on the daily chart and broke the strong resistance area at $44K. I can see us attempting to make another ATH soon. As long as the stock market is bullish so are the crypto markets.

However keep in mind if we break $69K most likely we will top at like $75K before heading back down. I don’t think we will make $100K this cycle.

Too much negative market data and there is a good chance of a recession on the horizon with the inflation we are getting.
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April 05, 2022, 06:47:09 AM
 #34

From my point of view, we need someone huge to announce Bitcoin acceptance, like some from top European countries. Or wealthiest company like Apple, Amazon, Microsoft or Alibaba Group would buy a large amount of Bitcoins. Or worlds wealthiest persons like Bezos, Brin, Gates or Buffett would announce they make large investment in Bitcoin. I think that might trigger price to go up. We need a strong price push to provoke huge growth. Without it, with natural price growth, it will take a lot of time or unknown amount of time to reach new ATH.

 
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April 05, 2022, 06:50:06 AM
 #35

In November, Bitcoin's all time high was $68,000. Bitcoin's 2022 low was around $34,000-$35,000. Since December, Bitcoin's price has been wobbling between $35,000-$50,000. Bitcoin is recovering a bit right now but has not reached its all time high yet. Last month, Bitcoin crossed $40,000 and reached at a peak of $47,000-$48,000 to this day. It still has not rosed above $50,000 yet so there is a small chance that Bitcoin would touch $68,000 in 2023. When an economy experienced a bad recession, it would take like 1-4 years or more to recover from it. Last year in May-July, Bitcoin declined dramatically. Bitcoin lost half of its value and it took at least 3 months to recover from it. It has been at least 4 months since bitcoin was at an all-time high. This decline was longer than the Q2 2021 bitcoin decline. Will it recover in a few months or in a year?

Time will tell. What are your predictions of when will bitcoin recover from this decline?
no specification but one thing is surely to come and that is when the next halving happened mate and that will be coming in the next 4 years .though we have in the first year meaning it will come on 2025?

From my point of view, we need someone huge to announce Bitcoin acceptance, like some from top European countries. Or wealthiest company like Apple, Amazon, Microsoft or Alibaba Group would buy a large amount of Bitcoins. Or worlds wealthiest persons like Bezos, Brin, Gates or Buffett would announce they make large investment in Bitcoin. I think that might trigger price to go up. We need a strong price push to provoke huge growth. Without it, with natural price growth, it will take a lot of time or unknown amount of time to reach new ATH.
it is not only the announcement but we can  see that pump when the Big companies announced their acceptance and adoption of bitcoin.

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April 05, 2022, 08:12:24 AM
 #36

(.....)
News like this will surely bring new ATH but just a temporary because big names like this will surely just enter if they will have something bigger to gain compared to there current investment right now. What we really need is a reall mass adoption on technology and not with the price alone. Most of the token holders nowadays is just looking at the price without even doing research on the main purpose of the coin. The result is pump and dump because all holders is just buying high and selling low.
This is normal but for me, it's not healthy at all if we will only base or root here. Having Bitcoin rally its price naturally is good especially when less volatility, no huge candle wicks like dump too much or pump too much.
For now, I am really not expecting a new all-time high even until the end of the year.

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April 05, 2022, 10:06:59 AM
 #37

From my point of view, we need someone huge to announce Bitcoin acceptance, like some from top European countries. Or wealthiest company like Apple, Amazon, Microsoft or Alibaba Group would buy a large amount of Bitcoins. Or worlds wealthiest persons like Bezos, Brin, Gates or Buffett would announce they make large investment in Bitcoin. I think that might trigger price to go up. We need a strong price push to provoke huge growth. Without it, with natural price growth, it will take a lot of time or unknown amount of time to reach new ATH.

Well, I know one thing that doesn't need any of those that would trigger Bitcoin price to rise and always have the possibility to hit a good ATH.  And, that occurs every 4 years. You know what I mean? That's not an "unknown amount of time right?".
If by fortunate chance, If any of that you mentioned happens then that's a good thing for Bitcoin. Sure it will take Btc to a good pump but still no guarantee for a new ATH.
Nevertheless, we have seen Bitcoin pumps unprecedentedly many times, like we have to find a good reason for the pump.

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April 05, 2022, 01:29:38 PM
 #38

I sometimes wonder, if people always expect bitcoin to reach ATH, then what will be done next if it is achieved other than selling (and then buying again)? I guess it will just trigger another accumulation of large sums to some centralized place because that's all bitcoin can do while it hasn't gained global trust yet. I also expect ATH in other terms (All Trust High).
ATH is the hope of everyone who invests in bitcoin, but there are some people who do not target ATH as a reference, but their main reference is at the price they have set, even though ATH is only achieved if the target price they set has not been reached, they will still hold it.
When ATH occurs, of course, accumulation will occur and that's for sure, it is needed to stabilize market prices.
There is still little trust in bitcoin globally, but gradually bitcoin adoption is becoming more and more common. This will also allow bitcoin to gain great trust globally.
Five more years from now and your holding might bblow your own mind .

just like the good old days when the price of bitcoin were $400 and suddenly reached $15,000 in just a couple years , the rise is almost a sure thing but the question is ... will you strong enough holding it when the market went free fall? crypto is not for everyone at that point , but the one who understand the whole concet of crypto , the whole concept of bitcoin , wouldn't mind to see his coins went to -90%

I guess it's expectation vs realization in crypto market. I mean everyone is expecting that something big is going to happen and then that speculation failed so they went out. Just like what the OP is asking, we just had our last all time high and then he is asking when is the next one? if someone answered that it will happen this year again and then he/she believes on that and that didn't happen, on the contrary the price went downward spiral. So for sure he/she will be disappointed. So yeah, this whole crypto investment is not for everyone.

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April 05, 2022, 05:34:31 PM
 #39

We are still in a long term uptrend. If you don't see it just zoom out a bit. It's funny that people see only the most recent price action and ignore the rest.
OP asked when the "recent decline" is going to end. What recent decline, we are in fact recovering as we speak with the recent lows being 34k USD and current price sitting between 44k and 48k. This looks to me like there's no decline anymore, especially that in the longer time frame we've managed to secure a higher low (from the sub 30k in July)

When are we going to reach a new high? It's hard to say because the war and economic tensions are working against us. Bitcoin is not independent from other assets and currencies.

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April 05, 2022, 07:27:31 PM
 #40

In November, Bitcoin's all time high was $68,000. Bitcoin's 2022 low was around $34,000-$35,000. Since December, Bitcoin's price has been wobbling between $35,000-$50,000. Bitcoin is recovering a bit right now but has not reached its all time high yet. Last month, Bitcoin crossed $40,000 and reached at a peak of $47,000-$48,000 to this day. It still has not rosed above $50,000 yet so there is a small chance that Bitcoin would touch $68,000 in 2023. When an economy experienced a bad recession, it would take like 1-4 years or more to recover from it. Last year in May-July, Bitcoin declined dramatically. Bitcoin lost half of its value and it took at least 3 months to recover from it. It has been at least 4 months since bitcoin was at an all-time high. This decline was longer than the Q2 2021 bitcoin decline. Will it recover in a few months or in a year?

Time will tell. What are your predictions of when will bitcoin recover from this decline?
Bitcoin already recovered from the crash, did it reach a new ATH? No, but that is not what a recovery actually means, after all it is unrealistic to think that bitcoin will always reach a new ATH as it is impossible for the price to always go up, so do I think that bitcoin could reach a new ATH during this year? I think that is a possibility, as more economic data is coming and things are not looking good, especially when it comes to the inflation, and this could cause people to once again look for a store of value and bitcoin is the perfect option to do something like this.
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