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Author Topic: Will BTC make a new high in 2022? If not then what will be peak point?  (Read 378 times)
Amicable55 (OP)
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August 06, 2022, 04:34:46 AM
 #1

As we see BTC make a lower of this year round about 17K$. Now BTC is consistently moving around 22-24K$. Many big whales buy BTC of worth of 10M$ and much more. Big whales are investing for long term and thinking about it will make a newer high. A newer high will be in the end of this year and next few years. A new higher will not be formed in the end of this year.

My opinion is peak point of BTC in this year will be above 50K$. A good opportunity for Buyers. Your opinion will be acknowledged.
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August 06, 2022, 04:39:47 AM
 #2

I don't think it can reach now at this rate; it's like the range it is in now is just accumulation. If there came to be a problem again in the world that would stop the development tracks, there would be a crash. But if we continue like we are now, it can reach a new high.

There are most likely problems with the world now that there are industries that need bailing out because of what the pandemic did, but it would still be something that we need to face, and we won't know if the results of it would be a positive one.

It would be hard to predict, and it's best to do what you believe in and possibly hoard what you can.

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August 06, 2022, 05:06:06 AM
 #3

Bitcoin price it's something that can not be predicted and stamped for long time, it's very obvious starting from the origin of cryptocurrency that the price of Bitcoin never be stagnant. So investors investing in Bitcoin when the price is the seventeen thousand (17k), it's people or who forecast the future of cryptocurrency and especially bitcoin. I believe that since the price is fluctuating at twenty three thousand and twenty four thousand (23k/24k) i believe that it will still increase more. And when it increases those investors who invested during the time of seventeen thousand (17k) is in the better chance of making a reasonable profit.


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August 06, 2022, 05:58:00 AM
 #4

I'm not a fan of price predictions, but each person has their own economic/market views so there's that.

But here, yes you made a price prediction, but you didn't even state why you think that. What is there to talk about?

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August 06, 2022, 08:40:53 AM
 #5

I still believe that Bitcoin can reach the point of $50K by the end of this year even though it may not happen because someone's belief in one's heart will not always be true and happens in the market, but I am still optimistic and believe that Bitcoin can increase even more in the year this although I'm a little hesitant to see Bitcoin above $50K because that's too high for Bitcoin to reach anytime soon.

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August 06, 2022, 09:02:45 AM
 #6

As we see BTC make a lower of this year round about 17K$. Now BTC is consistently moving around 22-24K$. Many big whales buy BTC of worth of 10M$ and much more. Big whales are investing for long term and thinking about it will make a newer high. A newer high will be in the end of this year and next few years. A new higher will not be formed in the end of this year.

My opinion is peak point of BTC in this year will be above 50K$. A good opportunity for Buyers. Your opinion will be acknowledged.
from which or whom do you hear that 50k above bitcoin price? is there any good sentiment for this to come by because this is very hard to attain because the last dump is almost reaching 15k again so where do investors get that trust and support for the following months?

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August 06, 2022, 09:24:39 AM
 #7

As we see BTC make a lower of this year round about 17K$. Now BTC is consistently moving around 22-24K$. Many big whales buy BTC of worth of 10M$ and much more. Big whales are investing for long term and thinking about it will make a newer high. A newer high will be in the end of this year and next few years. A new higher will not be formed in the end of this year.

My opinion is peak point of BTC in this year will be above 50K$. A good opportunity for Buyers. Your opinion will be acknowledged.

For me at least a peaked of $30,000 at the end of the year is not that bad. $40,000-$50,000 might be too far stretch as we are still in the bear market.

That's why we have seen the price just moving sideways and get can't over the next psychological barrier of $25,000. Yes, we wanted to see $50,000 but with the war still in the background, inflation, world economy at a standstill, I doubt that we will see such kind of money right to pour to be able to move it to that price.

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August 06, 2022, 10:22:04 AM
 #8

OP, it's not important "what price" Bitcoin might go, or how high it might surge. But it's very important to buy Bitcoin DIPs as low as you possibly can. It's going to be better for your sanity, and better for your stomach, believe me. Most of us plebs won't like HODLing an investment with a big loss. It forces many plebs to sell to relieve them of the stress, and to "cure " the mental illness. My advice to resist the temptation of selling is, USE COLD STORAGE. Hahaha.


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August 06, 2022, 11:20:48 AM
 #9

OP, it's not important "what price" Bitcoin might go, or how high it might surge. But it's very important to buy Bitcoin DIPs as low as you possibly can. It's going to be better for your sanity, and better for your stomach, believe me. Most of us plebs won't like HODLing an investment with a big loss. It forces many plebs to sell to relieve them of the stress, and to "cure " the mental illness. My advice to resist the temptation of selling is, USE COLD STORAGE. Hahaha.
Right, short term we might not be looking for $50k threshold, we are still in the bear market so I doubt that we will have a break out run this year. We already find the support line above $20k, so this seems to be the movement that we are going to see in the next couple of months. So the best approach is to still buy and then simply be a HODLer. Nothing beats a strategy than that, continue to accumulate as much as you can in this current scenario, and put in in a wallet that you have total control.

R


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August 06, 2022, 12:47:43 PM
 #10

My opinion is peak point of BTC in this year will be above 50K$. A good opportunity for Buyers. Your opinion will be acknowledged.

If you oredicted $50k rabge within this year isn't bad bit one thing i must make clear here is that no one can vouch any orice as a matter of certainty, all is assumption and guess base on prediction, but with all indications, it might still main revolving round the said amount axis.


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August 06, 2022, 01:11:29 PM
 #11

i think it is difficult for us to make predictions btc will reach the latest ath. with 2022 already entering its 8th month and btc still moving around 20-24k. I'm sure this year's btc will reach a maximum of 30k.

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August 06, 2022, 02:12:31 PM
 #12

Most of us plebs won't like HODLing an investment with a big loss. It forces many plebs to sell to relieve them of the stress, and to "cure " the mental illness. My advice to resist the temptation of selling is, USE COLD STORAGE. Hahaha.

Maybe the first time was difficult, but for us who have been with Bitcoin for years, every big crash or correction should be nothing more than another good opportunity to buy more Bitcoin at a lower price. The loss is only temporary and actually unrealized for those who do not decide to sell, but it is not realistic to expect that everyone has such determination and strength that they do not break down in difficult situations.

Cold storage makes sense only if access to it is disabled for a certain period of time, something like a time lock. Otherwise, people always find a way to their storage and sell when they panic.

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August 06, 2022, 02:34:33 PM
 #13

My opinion is peak point of BTC in this year will be above 50K$. A good opportunity for Buyers. Your opinion will be acknowledged.
Any back up for that prediction. Its pretty easy to guess or state a price but its more convincing if there is a reason on that like how it can achieve at that price like historical data or even a possible investment that will correlate with the initial prediction.

In my honest opinion, Im not sure when we can see btc nearing ATH since theres a lot of bad news ongoing and this could affect investors to shell out a lot of funds. Either theres a miracle to get a quick reversal or any whales that risk a lot of money to get it up.

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August 06, 2022, 09:19:50 PM
 #14

OP, it's not important "what price" Bitcoin might go, or how high it might surge. But it's very important to buy Bitcoin DIPs as low as you possibly can. It's going to be better for your sanity, and better for your stomach, believe me. Most of us plebs won't like HODLing an investment with a big loss. It forces many plebs to sell to relieve them of the stress, and to "cure " the mental illness. My advice to resist the temptation of selling is, USE COLD STORAGE. Hahaha.
If you don't care about the price then you may not be an investor or a trader but you are simply using your bitcoin as a currency when you buy and pay something. That is more important for btc as this is what the founder wants to happen, not when people buy and hoard btc for their personal gains only. If you want to buy bitcoin at the dips then you are a certified investor/ trader because you are taking advantage of the volatility of btc.

It would be better if you hodl and then experience a temporary loss than when you sell at the dips because that will be a permanent loss already. It's already their problem if they feel uneasy, no wonder why they are losing on this game.
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August 06, 2022, 09:59:06 PM
 #15

As we see BTC make a lower of this year round about 17K$. Now BTC is consistently moving around 22-24K$. Many big whales buy BTC of worth of 10M$ and much more. Big whales are investing for long term and thinking about it will make a newer high. A newer high will be in the end of this year and next few years. A new higher will not be formed in the end of this year.

My opinion is peak point of BTC in this year will be above 50K$. A good opportunity for Buyers. Your opinion will be acknowledged.
No one holds what will be the future price of bitcoin but I always believe that bitcoin is always bound to create peaks and high value in the future. But to be honest, I’m not expecting this year’s reasonable peak price, instead I’m more convinced that bitcoin will surge to its new ATH the following year. Although we can always expect for price recovery for bitcoin, but seeing it at a new heights like $50k or above, it seems less possible for me.


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August 06, 2022, 11:45:14 PM
 #16

My opinion is peak point of BTC in this year will be above 50K$. A good opportunity for Buyers. Your opinion will be acknowledged.
Well, opinion is a free thing and anyone can express one. However, what guards one's opinion is what matters. Generally, from hindsight, I've come to believe in what Bitcoin can do whenever it goes down. It has that ability to rise and record a fresh ATH. That's what gives me reassurance whenever I see it bleed. What's your assurance? What makes you think it will hit >$50k? Are you seeing that from a TA (technical analysis) perspective or it's just a regular FOMO? I ain't saying there's anything wrong with speculating that price will go up, just the same way that anyone can FUD that it can crash further (people don't like reading about this part though).

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August 07, 2022, 05:40:22 AM
 #17

As we see BTC make a lower of this year round about 17K$. Now BTC is consistently moving around 22-24K$. Many big whales buy BTC of worth of 10M$ and much more. Big whales are investing for long term and thinking about it will make a newer high. A newer high will be in the end of this year and next few years. A new higher will not be formed in the end of this year.

My opinion is peak point of BTC in this year will be above 50K$. A good opportunity for Buyers. Your opinion will be acknowledged.
I believe Bitcoin can reach highs beyond the current price, but not in 2022, that's my speculation, I believe it will hit high levels around 2025-26, but sometimes what is thought does not all come true, because Bitcoin is difficult to predict accurately.

However, I hope this year is better for Bitcoin, whether it's all down or up and I can hope to do something about it.

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August 07, 2022, 05:42:21 AM
 #18

As we see BTC make a lower of this year round about 17K$. Now BTC is consistently moving around 22-24K$. Many big whales buy BTC of worth of 10M$ and much more. Big whales are investing for long term and thinking about it will make a newer high. A newer high will be in the end of this year and next few years. A new higher will not be formed in the end of this year.

My opinion is peak point of BTC in this year will be above 50K$. A good opportunity for Buyers. Your opinion will be acknowledged.
That is way too high in my opinion, it seems easy to say a number that bitcoin could reach, after all bitcoin already reached a price like that before, so how difficult can it be? But for bitcoin to reach a price like that it would need to be in the middle of a bull run, and I really doubt that the market will make such a fast transition and go from a bear market to a bull market almost immediately, also such a high price prediction could make more sense if the year was just starting out as bitcoin will have a lot of time to reach your prediction, but we have less than 5 months left for your prediction to happen, which makes the chances of your prediction actually happen to go even lower.
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August 07, 2022, 06:07:11 AM
 #19

The world is dominated by a lot of negative variables that work against the price, so it is close to impossible to find record highs, just as it was happening in the year 2020, but we may see a move to the levels of 30k to 40k, which is something I strongly hope for, so we hope to reach those levels before the end of this year But if we keep getting levels above 20,000 then I can see that things are fine.

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August 07, 2022, 10:11:42 AM
 #20

I don't really think Bitcoin would even reach $30K in the end of this year, so I'd say $50K is high unlikely to happen.

Many people still believe with super cycle or 4 years cycle, that's why we're on bearish season in this year. I think we're already on the different situation where super cycle wouldn't really affect the price, there's so many thing already different with the Bitcoin mass adoption. If super cycle will always happen, I don't think Bitcoin would become more stable in the future.

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