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Author Topic: When will bitcoin reach its all-time high?  (Read 924 times)
JohnBitCo
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April 07, 2022, 09:59:18 AM
 #61

(...)

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.

April is traditionally a month where we see some good momentum in bitcoin. I am hopeful that this month will be bullish for bitcoins. For the last 2 weeks, bitcoin was moving positively upwards but yesterday and today, it is again showing some selling pressure. I don't know if the bitcoin conference 2022 has a negative impact on price  Huh
Usually, we see bitcoin and crypto pumping before the events and dumping on and during the events.
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April 07, 2022, 10:57:34 AM
 #62

^^ On the contrary, I thought that April seems to be a bad month for us. Last year it was different as we are in a bull run. But throughout bitcoin's history April is the start of a bearish cycle.

In any case though, let's hope the price will remain in the range of $40k and it will not be similar to the 2018 downturn that we have experienced.

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April 07, 2022, 11:04:23 AM
 #63

^^ On the contrary, I thought that April seems to be a bad month for us. Last year it was different as we are in a bull run. But throughout bitcoin's history April is the start of a bearish cycle.

In any case though, let's hope the price will remain in the range of $40k and it will not be similar to the 2018 downturn that we have experienced.
It's tax month, and usually after everything has been settled and there is a refund, for sure some might be willing to reinvest in on bitcoin, as least this is what others have been speculating that's why the month of April seems to be a good month. So maybe in the 3rd-4th week, we will see some signs of a market bounce back to $48k or even $50k.

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April 07, 2022, 01:21:38 PM
 #64

(...)

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.

April is traditionally a month where we see some good momentum in bitcoin. I am hopeful that this month will be bullish for bitcoins. For the last 2 weeks, bitcoin was moving positively upwards but yesterday and today, it is again showing some selling pressure. I don't know if the bitcoin conference 2022 has a negative impact on price  Huh
Usually, we see bitcoin and crypto pumping before the events and dumping on and during the events.

Can't expect to much since maybe this year will be different and but I'm speculating that maybe we can't see those bullish season which bitcoin goes pump as hard as before. Maybe we can see this season when halving nearly came nor take effect in future since this is mostly one big event which make bitcoin pump more higher. Maybe the best one to speculate is what will be the price reached on next halving.

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April 07, 2022, 05:40:08 PM
 #65

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.
Yes, those that make the mistake of selling their holding during the bearish market have learned from their mistake which I believe is still something good because we have see some people making the same mistake over again but when I thought about this I think what really makes people panic sell is their worry about the market price which i believe is the something the OP is trying to do and when people worry much about something they can't control instead of finding a long last solution to it they make the wrong decision.

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.
You may have a point cause every crypto investor is once in the boat of lack of knowledge and wrong decision making but greed is never the main problem of every crypto investor and the last time I checked its lack of knowledge.

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April 07, 2022, 05:50:59 PM
 #66

Can't expect to much since maybe this year will be different and but I'm speculating that maybe we can't see those bullish season which bitcoin goes pump as hard as before. Maybe we can see this season when halving nearly came nor take effect in future since this is mostly one big event which make bitcoin pump more higher. Maybe the best one to speculate is what will be the price reached on next halving.

If you are talking about Bitcoin rallies towards breaking ATH, I think we had observed it before.  It somehow starts some months before the Bitcoin halving.  Probably because of the lesser Bitcoin influx hype, then the market calms down (going sideways) for a few months after the halving. Then start to surge again towards ATH breaking rallies.  This cycle never fails to happen during those Bitcoin halving events.  So yeah, I think history will repeat itself again.


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April 07, 2022, 06:14:34 PM
 #67

If you are talking about Bitcoin rallies towards breaking ATH, I think we had observed it before.  It somehow starts some months before the Bitcoin halving.  Probably because of the lesser Bitcoin influx hype, then the market calms down (going sideways) for a few months after the halving. Then start to surge again towards ATH breaking rallies.  This cycle never fails to happen during those Bitcoin halving events.  So yeah, I think history will repeat itself again.
So, do you think the next bitcoin rally for ATH can be expected when the 2024 halving?
Some ATH happened after the halving, it didn't happen by chance and would probably be a good reason why we should hold bitcoin long term and continue to collect it during the downturn. If indeed that is justified, then we will see some dump over 2022 and 2023.

Currently, the bitcoin price is $43.7K as I write. If April is the start of the price decline, then $40K is likely to break through during April.

 
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April 07, 2022, 06:29:12 PM
 #68

The price of bitcoin was not increasing now,now the market was stuck.Every year we are finding the price of bitcoin was increasing a bit high.It crossed new value of high at 19k dollars,then it increased to 39k dollars.The same was increased to 40k dollars,many new people get into the crypto after the value of 40k dollars.Last month,the price was reduced the lot below 39k dollars.

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April 07, 2022, 06:38:22 PM
 #69

...

Time will tell. What are your predictions of when will bitcoin recover from this decline?
Seeing from the more positive news about Bitcoin, I predict this year there will be another new bitcoin ATH...

but don't know when that will happen. The latest big news is that the country of Madeira and Prospera (island) announced to make bitcoin as a legal tender in their country, this is good news and also the beginning of other countries that will follow.

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Fatunad
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April 07, 2022, 07:54:38 PM
 #70

...

Time will tell. What are your predictions of when will bitcoin recover from this decline?
Seeing from the more positive news about Bitcoin, I predict this year there will be another new bitcoin ATH...

but don't know when that will happen. The latest big news is that the country of Madeira and Prospera (island) announced to make bitcoin as a legal tender in their country, this is good news and also the beginning of other countries that will follow.
Lets not really make ourselves expect or anticipate that much because we dont know on what would happen next whether we do see a new all time high for this year or would really be a start of a very long time
bearish movement or trend which we dont know on what would actually happen because it would really be basing on demand and interest on the market.So lets just wait on what would actually happen.
If you are investing or trading then better be wise on making out such decision where you could possibly able to make profits with the current movements.Just let do things to happen whether
what kind of trend that we might faced on.
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April 07, 2022, 09:09:29 PM
 #71

as long-term holders will not pay attention to the price because what is waiting for bitcoin to reach the highest point according to him -ATH- which will occur in the next few years.
unless we are a person who trades then every price is a moment to look for a profit.
because the fundamental influence of bitcoin is something that determines the price of an uptrend or a downtrend

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April 08, 2022, 04:06:02 PM
 #72

Can't expect to much since maybe this year will be different and but I'm speculating that maybe we can't see those bullish season which bitcoin goes pump as hard as before. Maybe we can see this season when halving nearly came nor take effect in future since this is mostly one big event which make bitcoin pump more higher. Maybe the best one to speculate is what will be the price reached on next halving.
I would say that there could be "some" bullish period, like bitcoin price could see 60k all over again, but may not break ATH as well. However, those days where we go like 3x previous ATH type of deals (from 20k to 60k like) could maybe not happen, that's like 200k if it happens again and I understand why people think that we may not see that. If I do not see the price reach to like 100k+ this year, I wouldn't be shocked.

I am expecting it to do a 50k+ price in this year, I feel like that is possible and not just possible but likely to happen this year, which is bullish. But, I do not expect it to be like all time high price type of deal at all.
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April 08, 2022, 07:04:52 PM
 #73

I always try to look at long term movements when it comes to Bitcoin.
Did you now that at October of 2020 BTC was valued with just $10,000. It is not even 2 years yet and we want it to break a new all time high.
You should try contacting Elon Musk and thank him for making a hype and putting it at $60k. But that's all a short-term movement.
If this is our new bottom which is $40k then be glad about it. It just took 2 years to make $30,000 without even doing a single thing. Just keeping 1 BTC in your wallet.
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April 08, 2022, 08:38:00 PM
 #74

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.
Then I suppose we just have different standards of what the word recovery actually means, but regardless of that I think bitcoin can do well during this year and even reach a new ATH, I just think that this is going to depend on factors that are not under our control, inflation all over the world is very high due to the economic policies taken during the pandemic and the war at Ukraine, if things keep going in this direction then bitcoin will once gain go up in value significantly during this year, but if governments find a way to slow down this process then we may have to wait until next year for a new ATH.
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April 08, 2022, 09:56:28 PM
 #75

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.
Then I suppose we just have different standards of what the word recovery actually means, but regardless of that I think bitcoin can do well during this year and even reach a new ATH, I just think that this is going to depend on factors that are not under our control, inflation all over the world is very high due to the economic policies taken during the pandemic and the war at Ukraine, if things keep going in this direction then bitcoin will once gain go up in value significantly during this year, but if governments find a way to slow down this process then we may have to wait until next year for a new ATH.

For now its hard to tell that there would be the new ATH will came since most of this will happen only when there's a halving came but even if there's nothing event like this coming still we can say that bitcoin is doing great at the moment. We see how bitcoin survive at Ukraine and Russian war so most provably this one got more confidence boost to its investor. Maybe for now we might not see that new ATH but let see what future will bring by bitcoin to us.

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April 08, 2022, 10:30:02 PM
 #76

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.
Then I suppose we just have different standards of what the word recovery actually means, but regardless of that I think bitcoin can do well during this year and even reach a new ATH, I just think that this is going to depend on factors that are not under our control, inflation all over the world is very high due to the economic policies taken during the pandemic and the war at Ukraine, if things keep going in this direction then bitcoin will once gain go up in value significantly during this year, but if governments find a way to slow down this process then we may have to wait until next year for a new ATH.

For now its hard to tell that there would be the new ATH will came since most of this will happen only when there's a halving came but even if there's nothing event like this coming still we can say that bitcoin is doing great at the moment. We see how bitcoin survive at Ukraine and Russian war so most provably this one got more confidence boost to its investor. Maybe for now we might not see that new ATH but let see what future will bring by bitcoin to us.

as we have no idea what events or scenarios will trigger to achieve new ATH, what we can do for this moment is how we can improve or increase our crypto portfolio. if you are a believer of this market, you don't need to wait for the next ATH to come, but you are aiming how to accumulate more coins before that event happens again. as we have different financial capability, we need to gauge how can we collect valuable coins aside from bitcoin. so when the time comes, we are not regretting for the opportunity that we should have invested on them.

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April 09, 2022, 03:22:47 AM
 #77

The highest bitcoin record ever happened was november 2021 when the price was over $69k, at that time I was optimistic that the market would continue to skyrocket and december could reach at least $90k so I bought a lot of bitcoin when the price was above $60k, unfortunately the market dropped and make us lose more than 40%, there is no other option but to just hold and wait for the market to skyrocket again because I don't like selling at a loss.
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April 09, 2022, 04:50:10 AM
 #78

The highest bitcoin record ever happened was november 2021 when the price was over $69k, at that time I was optimistic that the market would continue to skyrocket and december could reach at least $90k so I bought a lot of bitcoin when the price was above $60k, unfortunately the market dropped and make us lose more than 40%, there is no other option but to just hold and wait for the market to skyrocket again because I don't like selling at a loss.

What makes you think bitcoin will hit 90k$ by that time? I'm very curious. Are you following PlanB user on twitter, he is the one who predicted bitcoin will hit 100k by the end of 2021. It's bad luck for you to buy bitcoin for 69k, but in the long time it's nothing to worry about. Bitcoin will rise again and break the old ATH is certain, but when it will happen no one can tell you. Once you haven't sold bitcoin you have nothing to lose, hold your bitcoin as long as you can and you will reap future success.

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April 09, 2022, 07:40:09 AM
 #79

The highest bitcoin record ever happened was november 2021 when the price was over $69k, at that time I was optimistic that the market would continue to skyrocket and december could reach at least $90k so I bought a lot of bitcoin when the price was above $60k, unfortunately the market dropped and make us lose more than 40%, there is no other option but to just hold and wait for the market to skyrocket again because I don't like selling at a loss.
Who are you fooling? you bought A LOT of bitcoin when the price hit 69k? do you really believe that we will listen to that Story telling? lol

you that a literal Bounty hunter will buy a lot of bitcoin? when you cannot afford buying altcoins?

Comedy isn't?

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April 09, 2022, 08:47:02 AM
 #80

The highest bitcoin record ever happened was november 2021 when the price was over $69k, at that time I was optimistic that the market would continue to skyrocket and december could reach at least $90k so I bought a lot of bitcoin when the price was above $60k, unfortunately the market dropped and make us lose more than 40%, there is no other option but to just hold and wait for the market to skyrocket again because I don't like selling at a loss.
Who are you fooling? you bought A LOT of bitcoin when the price hit 69k? do you really believe that we will listen to that Story telling? lol

you that a literal Bounty hunter will buy a lot of bitcoin? when you cannot afford buying altcoins?

Comedy isn't?
Sometimes the amount that we think so much is a small amount to others,maybe he really buy bitcoin that is so much based on his own limitation, i think we dont need to under estimate the hunters most of the bounty hunters is also an investors, i am a hunters and sometimes i also buy if i have an extra funds when i found out that the project is good.

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