When will bitcoin reach its all-time high?

[carlfebz2]

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.

People are just too impatience on reaching up new heights but if we do talk or mind off about realistic kind of goals then we would really be stressing ourself on minding on when it would happen.

Come to think that this wont really be a smooth sail ride because people would really be having their selling targets or levels which means that this would really be a bumpy ride.
It is totally unpredictable but you could really make out some steps for you to accumulate while its still cheap.

Volatility is the main reason on why we do able to make out some money.

[bakasabo]

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.

News like this will surely bring new ATH but just a temporary

Every ATH is temporary. You reach it and become a stable coin The price will either go up and down in any case.

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.

I understand what you are talking about, a four year price cycle. Historically it shows that in 2013-2017-2021 there were ATH. But I dont believe new ATH will happen exactly in 2025. Too many things has happened in last months to think that economy will be the same. Or take a look on December 2020, Bitcoin already updated ATH that was set in 2017. 4 year cycle rule is already broken.

[stepwilli]

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.

I do not think that the price didn't really showed anything that says people got out. Sure, it's not going to ATH right now, but it is doing fine and the price is not really that low right now. We should be considering the current situation as stable at a very good level.

If we could stay here for a long enough time, then we could try to go to 50k+ and that will open the door for another all time high. It all depends on what we do after this period, if we went up and stayed here for a while and then dropped then we won't have ATH. But if we went up, took a break, kept going up then it means we could reach ATH very easily as well.

[Findingnemo]

All time high of current trend probably the next one or you are asking about the ultimate all time high that one bitcoin can reach?

No one can answer these questions unless someone actually find the time machine and move to future then comeback again to present to tell what will happen and how much it will be.

[tertius993]

No matter how many predictions are made, no one has a clue. In the end someone is right about what will happen in the price, but because so many predictions are made, that if instead of human beings making them, monkeys throwing darts at a dartboard or a similar system would make them, in the end someone would be right.

Today there are mainly two visions:

1) We are in a somewhat delayed cicle. We will beat the 2021 ATH this year.
2) We hit the high point of this cycle last year at $69K.

Take your pick.

I agree, though I think there is a sort of variation on option 2, whereby the price will drift along anywhere between 35k and 70k (both ~ish) and might just beat the previous ATH but not in a meaningful/sustained way.

[SpenserReed]

Nobody knows for sure when will Bitcoin reach its ATH. It can happen any time from now. It seems like Bitcoin is recovering but still it's not convincing. I think that we can say about Bitcoin reaching its ATH only after Bitcoin breaks $52k resistance and stay above it for a while. Only after that we can start talking about new highs.

[btc78]

Am not sure when but I am certain that it will come, remember in 2021 we thought that 30k is the ATH but it runs to 40k,50k ,60k,then almost hitting 70k this means one thing that it will happen in time that we don't really expect it.

Bitcoin had proven its capacity to increase for how many times now,but yet People are still not contented in the movement knowing that they are not really investing instead just lurking around to deploy questions like this .

[rhomelmabini]

I definitely say that the sideways movement may happen to be a long one and it could stretch even up to a year if it needs be and I will be happy about it considering that I DCA all the way until it broke the ATH. We're still on that sentiment that we can break the $100k Bitcoin price valuation and I don't doubt it this time. WAGMI.

[Emitdama]

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.

In the process of recovery but not fully recovered. Price didn't even break 50k but you can only say that btc have recovered once it goes back to its last ATh which was 68k. I don't know about you but for us a new ATH for bitcoin is possible. Sure the price don't always go up but bitcoin price go up sometimes and then stay on that level. It can go up again the next time till it reach its new ath.

You think a new ath of 69k is unrealistic? for me no because bitcoin have been on 68k before. What is unrealistic is when they claim that bitcoin will hit 1 million dollars. A 100k for btc is more possible but we should not focus on that for a while.

[marine4u]

This decline was longer than the Q2 2021 bitcoin decline. Will it recover in a few months or in a year?

What are your predictions of when will bitcoin recover from this decline?

I don't see a sharper drop than May 2021?  No, If I remember correctly in May 2021 bitcoin fell below $29k after the FUD China.  But bitcoin hasn't lost its momentum on the upside, and as seen an ATH in November, so my prediction is, the market will move on an "innate" response, even now, it's not it takes momentum to recover but the intense ability to stay ahead of the trend, buy news - sell fear is something bitcoin needs to overcome.  Regarding ATH, bitcoin will obviously have it somewhere?  it's simply not saying "wen moon".  Lol

[serjent05]

Today there are mainly two visions:

1) We are in a somewhat delayed cicle. We will beat the 2021 ATH this year.

2) We hit the high point of this cycle last year at $69K.

Take your pick.

This got me intrigued, any pointers or supporting facts data that this stuff is possible happen?  Care to explain what is it that made you say that we are in a delayed cycle?  I am always a fan of the 4-year cycle but I am very curious to know what cycle are you talking about.

I definitely say that the sideways movement may happen to be a long one and it could stretch even up to a year if it needs be and I will be happy about it considering that I DCA all the way until it broke the ATH.

Same thought here, we can possibly see Bitcoin going sideway this year while traders are accumulating.  There maybe some spike in price but not high enough to break last year's ATH.  If the 4-year cycle will come to realization again, we can see another ATH breaking record in 2025.  But, well, Bitcoin market is crazy and unpredictable so the possibility of the "many other things" happening may occur.  

We're still on that sentiment that we can break the $100k Bitcoin price valuation and I don't doubt it this time. WAGMI.

I also on this sentiment but I am a bit hessitant that the next ATH breaking rally will reach $100k.  But I hope I am wrong though.

[skarais]

I don't see a sharper drop than May 2021?  No, If I remember correctly in May 2021 bitcoin fell below $29k after the FUD China.  But bitcoin hasn't lost its momentum on the upside, and as seen an ATH in November, so my prediction is, the market will move on an "innate" response, even now, it's not it takes momentum to recover but the intense ability to stay ahead of the trend, buy news - sell fear is something bitcoin needs to overcome.  Regarding ATH, bitcoin will obviously have it somewhere?  it's simply not saying "wen moon".  Lol

It will always be difficult when we want to predict ATH because it can't actually be predicted precisely. I might be inclined to think ATH might happen after the next halving although that's not always true. I only believe that this 4 year cycle will be the most decisive start in the previous ATH achievements including November 2021 ATH. But of course something different could happen to the bitcoin price this year or next year, so you can expect ATH to happen any time especially when the demand for bitcoin increases.

[rhomelmabini]

Same thought here, we can possibly see Bitcoin going sideway this year while traders are accumulating.  There maybe some spike in price but not high enough to break last year's ATH.  If the 4-year cycle will come to realization again, we can see another ATH breaking record in 2025.  But, well, Bitcoin market is crazy and unpredictable so the possibility of the "many other things" happening may occur.

I don't think the 4 year cycle is gonna be respected this time around but I guess it was partly broke now. The market is shifting and that notion may not be followed again, I could be wrong as well. It's unpredictable as always and we may never know how and when would it strike up and down

I also on this sentiment but I am a bit hessitant that the next ATH breaking rally will reach $100k.  But I hope I am wrong though.

Who knows? I'm not expecting as well to break that level instantaneously but I have this feeling that we will get there. Fingers crossed! wagmi.

[famososMuertos]

^{sometimes this combination of questions indicates that if we do not have a price within the range of our intentions we will have a bad individual recession}

If we compare at least at the beginning of 2020...2021(ATH), so now 2022...2023(ATH) the difference between 2023 and 2021 where we enjoy that ATH is that by 2023 at any time after March we will be less than 1 year from the next halving, so we should have had an ATH close to 70K and the rest of that year (2023) will be a correction between a range of 65-70k and then at the end of 2025 it will reach close to the now mythical 100k.

^{This is not investment advice. Remember that making predictions is fun but sometimes that doesn't translate to money.}

[stomachgrowls]

^{sometimes this combination of questions indicates that if we do not have a price within the range of our intentions we will have a bad individual recession}

If we compare at least at the beginning of 2020...2021(ATH), so now 2022...2023(ATH) the difference between 2023 and 2021 where we enjoy that ATH is that by 2023 at any time after March we will be less than 1 year from the next halving, so we should have had an ATH close to 70K and the rest of that year (2023) will be a correction between a range of 65-70k and then at the end of 2025 it will reach close to the now mythical 100k.

^{This is not investment advice. Remember that making predictions is fun but sometimes that doesn't translate to money.}

The wrong thing on here is that people do really love to rush things up which means that whenever they dont able to see price ranges or level on a particular time then this is the time they would really

be making out some bad sentiments or impressions towards the market without even tending to look back on how far we do able to reach out.Dont rush because everything would really be coming in line.

All time high could always be possible as long there would be some demand and we know that adoption isnt still in full scale yet which we could presume that there still lots of space for us
to expand even further.

[suzanne5223]

Normally, Bitcoin and the whole cryptocurrency market ought to be in the season market blood bath as we speak but if the market chooses to be bullish above bear it means a lot of things have changed in the market, and with companies like MicroStrategy and Luna who are buying millions dollar worth of more coins.
I think it is better to focus on making the best use of the opportunity the market presented than focus on the new ATH price which is something no one has control on. 

[Oceat]

Normally, Bitcoin and the whole cryptocurrency market ought to be in the season market blood bath as we speak but if the market chooses to be bullish above bear it means a lot of things have changed in the market, and with companies like MicroStrategy and Luna who are buying millions dollar worth of more coins.
I think it is better to focus on making the best use of the opportunity the market presented than focus on the new ATH price which is something no one has control on.  

I believe this is the results of people learning how Bitcoin market behave and also they learned their mistakes from the last time and I'm sure most of them already lost when they bought the ATH last time when the market is in bull run in 2017 but now most of them trying to get back on their feet after losing.

Now, if OP did just understand the market he might not be doing this speculation like he was left out a while the market is in bullish. He thought that the market would still going to make another ATH at the moment but I think it's not going to happen yet unless if we are in a deep bearish market.

[Wawa2013]

Normally, Bitcoin and the whole cryptocurrency market ought to be in the season market blood bath as we speak but if the market chooses to be bullish above bear it means a lot of things have changed in the market, and with companies like MicroStrategy and Luna who are buying millions dollar worth of more coins.
I think it is better to focus on making the best use of the opportunity the market presented than focus on the new ATH price which is something no one has control on.  

I believe this is the results of people learning how Bitcoin market behave and also they learned their mistakes from the last time and I'm sure most of them already lost when they bought the ATH last time when the market is in bull run in 2017 but now most of them trying to get back on their feet after losing.

Now, if OP did just understand the market he might not be doing this speculation like he was left out a while the market is in bullish. He thought that the market would still going to make another ATH at the moment but I think it's not going to happen yet unless if we are in a deep bearish market.

What happened in 2017 has taught us all how to properly invest in crypto. Many people have learned from their mistakes of panicking when
the market crashes, whereas Bitcoin will always recover no matter how deep its price drops. Today more and more people understand how
the crypto market works, and they are more patient when the market is bearish. So now the Bitcoin price drop is not that deep, because quite
a lot of investors choose holding their Bitcoin rather than having to sell Bitcoin at a cheap price. So actually we don't have to worry about when
Bitcoin will return to the ATH price, better take advantage of the current decline to buy more Bitcoin. If we can all focus on accumulating Bitcoin,
the possibility of Bitcoin returning to the ATH price is possible this year.

[btc78]

Normally, Bitcoin and the whole cryptocurrency market ought to be in the season market blood bath as we speak but if the market chooses to be bullish above bear it means a lot of things have changed in the market, and with companies like MicroStrategy and Luna who are buying millions dollar worth of more coins.
I think it is better to focus on making the best use of the opportunity the market presented than focus on the new ATH price which is something no one has control on.  

I believe this is the results of people learning how Bitcoin market behave and also they learned their mistakes from the last time and I'm sure most of them already lost when they bought the ATH last time when the market is in bull run in 2017 but now most of them trying to get back on their feet after losing.

actually this talks about us all mate, because at once we are all came from those who we can call as NOOB and Greed, in which we only seek for profit without even understanding what we are depositing for.
and in the end we are all losers by then though we learned from mistakes and now we are gaining from our learning.

Now, if OP did just understand the market he might not be doing this speculation like he was left out a while the market is in bullish. He thought that the market would still going to make another ATH at the moment but I think it's not going to happen yet unless if we are in a deep bearish market.

either he Knew what he is talking about or not , what important here is that the idea of sharing our outlook in bitcoin market , though it is tough but sharing will always give us good outcome .

[Hypnosis00]

(...)

Time will tell. What are your predictions of when will bitcoin recover from this decline?

Time will tell...
Well, this 2nd quarter it looks like not at its best. The market seems to move up and down, I'd never see strong resistance in the market making its way up consistently. The price of Bitcoin may just be raging $40k-$48k.

However, I'd expect a change in this trend likely in the 3rd quarter, but never I expect the price of Bitcoin will move as high as $55k. This year we're not really be going to have ATH again but at least, we're not on the bearish side. Looking at the market price this time, I guess people are still calm and confident about holding investments. If this is still kept going, prices will surely don't drop more instead of growing high.