Will BTC make a new high in 2022? If not then what will be peak point?

[palle11]

$50,000 for bitcoin this year isn't supported or realistic for this year if we judge from the history of bitcoin. Bitcoin in 2017 got to a high and afterwards it crashed the next year and didn't make it that same year but went down more until the next bull season. We can see that happening again this time with the locking around of price within $20,000 and $23,000, so maybe we could have some up and down till the next bull but not reaching to $50,000 this year.

[autumnleaf]

BTC is hard to predict especially now that we are in a bear market. So, the best thing we need to do is to focus on the other side of crypto, there are a lot of things to do aside from making assumptions and predictions as the nature of crypto is very volatile.

[boltz]

In my honest opinion , there is 0% chance for BTC to make a new high in 2022...absolute 0. Besides this , why would someone think that BTC is ready to take off when full bear market is upon us ? I've read so many threads and articles where people are really desperate for BTC to make a new high in 2022 ...but have no idea of how BTC works and how price usually acts during a bear market and a bull market. If you really want to know my price prediction ...welll ...BTC should fall under 15k during this year.

[dragonvslinux]

It's possible that BTC makes a new ATH in 2022, but I don't think it would be the start of the bull market if it did. For example with the current consolidation at the lows, attempting to form a bottom, it has been occurring much faster so far than in 2019. So based on this fractal move it's possible to see price reach $80K (+350%), prior to a -50%+ correction in order for price to cool off for probably around a year.



More realistically the target for me would be around $49K. This is where there is previous confirmed resistance and more accurate equivalent to a 2019 dead cat bounce within a bear market (mini bull-run), based on 0.618 fib retracement rather than a +350% move from low to high. So even if a new ATH is reached, I still wouldn't see a new bull market for another year, but a correction or at minimum consolidation.



Even a move to $50K this year would likely see a return to $30K levels minimum, maybe even $25K by next year, as price will need time to consolidate these moves regardless.

[Eternad]

In my honest opinion , there is 0% chance for BTC to make a new high in 2022...absolute 0. Besides this , why would someone think that BTC is ready to take off when full bear market is upon us ? I've read so many threads and articles where people are really desperate for BTC to make a new high in 2022 ...but have no idea of how BTC works and how price usually acts during a bear market and a bull market. If you really want to know my price prediction ...welll ...BTC should fall under 15k during this year.

Actually he is not speculating new high instead he is determining the highest possible peak on the current bear market correction. His 50,000$ prediction still possible to happened especially on the last quarter of the year because that time usually Bitcoin gain momentum for the new high on the following years. The chance for the new ATH is really zero but for a recovery to happened that will drive the price near ATH is very possible once Bitcoin find a strong support to recover.

[KennyR]

In my honest opinion , there is 0% chance for BTC to make a new high in 2022...absolute 0. Besides this , why would someone think that BTC is ready to take off when full bear market is upon us ? I've read so many threads and articles where people are really desperate for BTC to make a new high in 2022 ...but have no idea of how BTC works and how price usually acts during a bear market and a bull market. If you really want to know my price prediction ...welll ...BTC should fall under 15k during this year.

Actually he is not speculating new high instead he is determining the highest possible peak on the current bear market correction. His 50,000$ prediction still possible to happened especially on the last quarter of the year because that time usually Bitcoin gain momentum for the new high on the following years. The chance for the new ATH is really zero but for a recovery to happened that will drive the price near ATH is very possible once Bitcoin find a strong support to recover.

I'm not sure of it. Even in the last quarter of the year this is going to be really tough to reach. ATH is possible if there happens a big news of adoption or something that could boost the Boost the price of Bitcoin. Bitcoin is uncertain, so that any form of market changes can happen, still considering the growth pattern of looks like a slow and stabilized one. So, to touch $50k this year is simply impossible. Even if it happens, in the short term it'll fall back.

[Lubang Bawah]

Although there are 4 months left but anything can happen, I have never been pessimistic about Bitcoin's performance because there are many unexpected things and often occur, large increases can occur in a short time, if there are positive issues that are large then in a short time it can reach 2x of the price now.

[GreatArkansas]

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

Yeah, seems a good number for the peak of this year, only a few months left before the year will end.
I am also expecting below this level, I'm not expecting Bitcoin will create a new all-time-high this year. With huge drop from all-time-high, dropping more than 50% is somehow difficult for Bitcoin to regain again and create new all-time-high in just a short period of time.

[Wind_FURY]

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.

Plus Bitcoin never stayed under its 200-Week SMA for a long time in its history of being traded, AND Pi Cycle has already indicated that the bottom for the current cycle has been reached. It has never been wrong before.

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.

There is the top 10% of active traders that do beat the market consistently in general, but if you're merely a pleb with neither the skills nor the capital, saving through HODLing is for you.

[ethereumhunter]

The great whales know very well when to act to buy bitcoin when the price drops drastically, especially when it fell to $17k yesterday. They were very happy to see the price could go down yesterday because they got a great opportunity to repurchase more bitcoins.

Higher increases will occur again in the future, perhaps before the end of the year, next year, or even a few years. But clearly, those who were able to buy bitcoin at the price of $17k yesterday are really waiting for the moment to increase the price of bitcoin again. We should also be able to buy bitcoin when the price drops again and I think we will get more opportunities from the ups and downs of the price.

[kotajikikox]

$50,000 for bitcoin this year isn't supported or realistic for this year if we judge from the history of bitcoin. Bitcoin in 2017 got to a high and afterwards it crashed the next year and didn't make it that same year but went down more until the next bull season. We can see that happening again this time with the locking around of price within $20,000 and $23,000, so maybe we could have some up and down till the next bull but not reaching to $50,000 this year.

How can Bitcoin make it to 50k when it is even struggling to reach 25k again? I'm not sure if there is something we can expect but  for me? I care nothing because i am ready to keep my funds intact and adding small amount each time i have available funds.

Buying isn't the problem but it is the capital that we needed lol.

[Wind_FURY]

The great whales know very well when to act to buy bitcoin when the price drops drastically, especially when it fell to $17k yesterday. They were very happy to see the price could go down yesterday because they got a great opportunity to repurchase more bitcoins.

It's probably because it was those same "great whales", or shall we say "the whalecumulators", who manipulated the price to go to a cycle low of $17,000.

Higher increases will occur again in the future, perhaps before the end of the year, next year, or even a few years. But clearly, those who were able to buy bitcoin at the price of $17k yesterday are really waiting for the moment to increase the price of bitcoin again. We should also be able to buy bitcoin when the price drops again and I think we will get more opportunities from the ups and downs of the price.

It's a cycle, and crashes again come after price surges during bull cycles. That's why it's probably better to buy the DIP, and HODL than DCA because Bitcoin's halving-influenced 4-year market cycles. DCA is better for more unpredictable markets.

[Nrcewker]

Seeing the current trends, it’s almost impossible for Bitcoins to create a new all time high.
Rather it will be difficult to recover also, if it doesn’t show some positive attitude to the markets.
If by the end of this year Bitcoin touches 50K usd, then definitely in the first phase in the next year BTC can break their all time high price record.
Many have also predicted that BTC gonna touch 100k usd soon in this year, but I don’t think this gonna happen.
Nevertheless let’s see what happens next.

[Ayers]

there are many predictions that we will have another bull season after the halving, and we are 600 days away from the halving

so 50k $ will be a high price at the end of the year, i predict we will have the last months of the year not so bright, instead of going up we will continue to fall into a market panic,
just my speculation

[stadus]

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.

Not a single day within this bear season do I think the price of Bitcoin will reach high above $40k. From the 2nd quarter of this year until today, we have never seen it rises back to $25k. Whale's participations are very quiet, even for these institutional investors - these are some indications that it was hopeless to see the market in big rallies. Maybe I was wrong but from what I see, we may end up this year still in a bearish condition.
$30k-$35k - that was my prediction

[ultrloa]

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.

Not a single day within this bear season do I think the price of Bitcoin will reach high above $40k. From the 2nd quarter of this year until today, we have never seen it rises back to $25k. Whale's participations are very quiet, even for these institutional investors - these are some indications that it was hopeless to see the market in big rallies. Maybe I was wrong but from what I see, we may end up this year still in a bearish condition.
$30k-$35k - that was my prediction

Whale participation maybe lessen since they don't know how this bear market last so we can guess that majority of investors are been so careful upon putting their investment on current condition. And I don't see any reason why bitcoin could reach another ATH this year, maybe there some good factors but I think that's not enough since for sure people need to see some good rally before they go to state where they got FOMO.

[ethereumhunter]

The great whales know very well when to act to buy bitcoin when the price drops drastically, especially when it fell to $17k yesterday. They were very happy to see the price could go down yesterday because they got a great opportunity to repurchase more bitcoins.

It's probably because it was those same "great whales", or shall we say "the whalecumulators", who manipulated the price to go to a cycle low of $17,000.

Yes, we can say they are whalecumulators because they can manipulate the bitcoin price to the price they want but I don't think it lasts long and the price will start to increase slowly up to a certain level.

Higher increases will occur again in the future, perhaps before the end of the year, next year, or even a few years. But clearly, those who were able to buy bitcoin at the price of $17k yesterday are really waiting for the moment to increase the price of bitcoin again. We should also be able to buy bitcoin when the price drops again and I think we will get more opportunities from the ups and downs of the price.

It's a cycle, and crashes again come after price surges during bull cycles. That's why it's probably better to buy the DIP, and HODL than DCA because Bitcoin's halving-influenced 4-year market cycles. DCA is better for more unpredictable markets.

It might be more difficult if we try to buy the DIP because no one knows when the DIP will come. But if we try DCA, I think it will be easier because we only try to buy when the price is at the bottom. But if the price goes down again, we can buy it again more than before. It will probably require setting how much money we spend every time we buy at a low price.

[Joshapat]

Of course we hope the price of Bitcoin can reach New Ath, although there is nothing impossible, but if you look at the market conditions since the beginning of the year or 8 months it seems that New Ath will not occur in 2022, even if the price can be $ 50k level, in my opinion it has been a big achievement .

[RealMalatesta]

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.

Not a single day within this bear season do I think the price of Bitcoin will reach high above $40k. From the 2nd quarter of this year until today, we have never seen it rises back to $25k. Whale's participations are very quiet, even for these institutional investors - these are some indications that it was hopeless to see the market in big rallies. Maybe I was wrong but from what I see, we may end up this year still in a bearish condition.
$30k-$35k - that was my prediction

I doubt that. There wasn't a notification about an increase when it happened during the last bull runs, doesn't mean that we will go up, but I just mean that not seeing an increase right now doesn't mean that we will finish it in bearish way.

Maybe there will be a huge increase, maybe there won't be and we wouldn't know what’s going to happen, all we know right now is that if there is a good increase, it won't be known right now and that’s fine, nobody will give you a notification about an upcoming increase and there wouldn't be any way for you to figure that out right now. This is why we should just wait and see, maybe it will be a good timing, or maybe it will be a bad period.

[Yaunfitda]

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.

Plus Bitcoin never stayed under its 200-Week SMA for a long time in its history of being traded, AND Pi Cycle has already indicated that the bottom for the current cycle has been reached. It has never been wrong before.

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.

There is the top 10% of active traders that do beat the market consistently in general, but if you're merely a pleb with neither the skills nor the capital, saving through HODLing is for you.

True mate, the 200-Week SMA is still validated throughout it's fairly young history, so maybe for now we can say that the bottom has been reached already.

And @dragonvslinux has posted another detailed with his graph, specially the possibility that we might hit a good bull season up to the end of the month that will top around $49k, so we will have to wait and see if this is a hit or miss and no deviation.