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Author Topic: What if BTC won't see ATH again?  (Read 1430 times)
justdimin
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May 05, 2023, 06:52:53 PM
 #121

Even if there is no ATH but as long as the price can be able to recover to our last ATH or at least close to it, many of us will be happy and contented already because that still gives us a chance to earn a nice profit. ATH is not important but price volatility is, as this was the reason on why we can buy low and sell high.

Many are wishing for it to be gone. I think those who said this are the people who only use their BTC as a currency. They are just selfish but they can still use their BTC as a currency even if there are volatility. No one is forced to use or own a BTC because BTC will not replace the traditional fiat system that we have so don't worry about its supply.
I think the important part is to be stable, if the price of bitcoin became a bit more stable the new would be able to use it in a lot more places. I bet that 90%+ of the people who would use bitcoin as a payment, do not use it in their business because it is volatile, which means that they can't use it at the time but would use it if it became a bit more stable, for a while at least.

However, that doesn't mean that we will not see ATH for sure, we will still see it and people who think that we won't are wrong, there is nothing wrong with bitcoin bitcoin this price and should be considered a good deal at the time right now, it should be considered a good profitable business to hold for long term because I bet that we are going to see it grow to a new level.

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May 06, 2023, 08:09:56 AM
 #122

The interesting thing about Bitcoin is ATH, people are motivated to buy because ATH's hopes can only be achieved so that they get a big profit, if New Ath can not be achieved anymore, I don't have a problem, people will continue to actively speculate to buy because of ATH's expectations even if it does not happen.
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May 06, 2023, 12:27:32 PM
 #123

Bitcoin will surely reach new ATH again. Even though there are no specific rules or laws that require bitcoin to reach ATH, however, if we refer to the 4-year cycle that has occurred where each halving occurs, the price of bitcoin has increased very rapidly to print a new ATH. Therefore, I am optimistic that if the next halving cycle bitcoin will reach a new ATH again.

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May 06, 2023, 02:21:58 PM
 #124

The thing that always makes bitcoin interesting is setting a new price record or ATH, if there is no ATH for a long time, for example 4 years, of course it will make users worried and bored so they will think about selling or cutting losses, because if there is no ATH for a long time then it will be easy for haters to spread FUDs.

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May 07, 2023, 03:54:19 PM
 #125

Bitcoin will surely reach new ATH again. Even though there are no specific rules or laws that require bitcoin to reach ATH, however, if we refer to the 4-year cycle that has occurred where each halving occurs, the price of bitcoin has increased very rapidly to print a new ATH. Therefore, I am optimistic that if the next halving cycle bitcoin will reach a new ATH again.
The price of bitcoin follows supply and demand so there are no rules that govern the price of bitcoin, but every 4 years there is a cycle that is expected to return to the highest price and there is even hope for a new ATH, I am also optimistic that a new ATH will also be reached in the near future, the market has given a marked signal of a significant increase in the halving period.

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May 07, 2023, 04:33:31 PM
 #126

I think that basically free market demand drives the price of bitcoin, the economic consequences for the currency will create an impetus that the more important and popular bitcoin is, the more people will buy bitcoin. At the same time, bitcoin's deflation creates an increase in price over time. Therefore, I think it is certain that in the future bitcoin will continue to have new ATH.

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May 07, 2023, 05:09:23 PM
 #127

The interesting thing about Bitcoin is ATH, people are motivated to buy because ATH's hopes can only be achieved so that they get a big profit, if New Ath can not be achieved anymore, I don't have a problem, people will continue to actively speculate to buy because of ATH's expectations even if it does not happen.

By having a fluctuating nature, of course, the users will definitely continue to speculate, the previous ATH was indeed in a high category and maybe breaking into a new ATH certainly requires a more extra process, and we don't really take this too seriously, because this is still said "Maybe" in the sense that it could happen

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May 13, 2023, 07:24:33 AM
 #128

I am sure that bitcoin will reach new ATH again at least in the next halving period. Usually, when a halving occurs, the bitcoin price increases very significantly and even prints new ATH. Moreover, the Bitcoin halving plays an important role in ensuring that the supply of BTC is limited so that it can inhibit inflation against bitcoin.
Many people are used to bitcoin going up after a halving and always showing a new ATH. I think that at least once it might not work, because it is very easy to buy cheap bitcoin before the halving, for example now, and sell it after the halving with a good profit. A lot of people know about this pattern now, and everyone wants to make a profit.
This pattern is widely used by people and is proven to be able to get big profits. History records that bitcoin always prints new ATH when halvings occur and this is evident from the journey since the first halving occurred where bitcoin always prints new ATH. Therefore, I am sure that if the next halving is bitcoin will print new ATH again.

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May 14, 2023, 09:08:25 AM
 #129

I believe in BTC and the more i see post like this i feel even better, because this resits every year .... lol Grin Grin
It seems to me that one day there will be a breakdown in cycles anyway, because it turns out it is very easy to buy bitcoin before the halving and sell afterwards. One day there will be a manipulation which will panic on the market and most people will lose money. Statistically there is no 100% repeat of cycles, especially in such a manipulative market as cryptocurrencies.
I think it may, but not anytime soon if you ask me. I understand that it may "look" easy to you, buy today when it's low, and sell one year after the halving, and keep repeating that to get rich. It's such a simple method and people should do that without a doubt.

However, the reason why it won't change anytime soon is the fact that it is not going to be an easy task, it's going to take some time before people can realize it, sure you know it and yes I am aware of it, I learned this last time it happened, and used it this time and made some profit. But not everyone knows about this so there will be a lot of people who would be fooled by cycles and they will not make a lot of money. Until people all learn about this cycle, it's not going to work at all, it will not change much.

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May 14, 2023, 01:05:15 PM
 #130

The interesting thing about Bitcoin is ATH, people are motivated to buy because ATH's hopes can only be achieved so that they get a big profit, if New Ath can not be achieved anymore, I don't have a problem, people will continue to actively speculate to buy because of ATH's expectations even if it does not happen.

You need to understand mate, what affects the price and when will Bitcoin cross all time high price. Bitcoins price only increase when the demand to accumulate or mine it increases. Bitcoins are limited in number and hence if a slight demand increases, then the price will automatically go up. Bitcoins marketcap is high and hence it’s obvious that the demand will increase as the time pass by. Hence Bitcoins price will always go up like the gold. So don’t lose hope and hold your Bitcoins as long as you can.

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May 17, 2023, 02:23:40 PM
 #131

This pattern is widely used by people and is proven to be able to get big profits. History records that bitcoin always prints new ATH when halvings occur and this is evident from the journey since the first halving occurred where bitcoin always prints new ATH. Therefore, I am sure that if the next halving is bitcoin will print new ATH again.
past experience from bitcoin is like you said, every 4 years after the halving period occurs, a year later a renewable ATH will be formed. this is a criterion of bitcoin always repeating what has been there and i am very sure it will be repeated again. the likely renewable ATH will probably be over $100K as it will usually be several times the previous ATH, so it's a great time to keep buying and saving as time is not far off.

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May 20, 2023, 05:49:08 PM
 #132

Let's be honest, market do not follow any rules. There is no rule or law that says BTC should reach another ATH next cycle and next after. What if 69K was the maximum it could reach, and for the next years or decades it will be mostly fluctuating between 15k and let's say 40k.

So, let's collect here the reasons why there will be ATH for BTC.
Name one (at least) reason, please.  

Some reasons collected so far:

1. "More than 90% of the people in this world has not yet bought bitcoin, do not worry, the adoption is still continuing. You will still see bitcoin at $100000 ane more."
2. "... as long as fiat inflation is still happening (which means a decrease in purchasing power), you can rest assured that assets like Bitcoin will keep going strong."
3. "We might see multiple ATH in the future once fiat explode. Bitcoin is the alternative and safe haven for people to escape inflation."
100k$ is possible to reach it is because bitcoin already reach 65k$ last year 2021 people are continue exploring crypto and i believe that crypto user are rising every year and it makes crypto more popular in the near future more user and more popularity makes the price rise high because the demand will surely rise so 100k$ is possible soon in the next bull season


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May 20, 2023, 08:44:42 PM
 #133

Let's be honest, market do not follow any rules. There is no rule or law that says BTC should reach another ATH next cycle and next after. What if 69K was the maximum it could reach, and for the next years or decades it will be mostly fluctuating between 15k and let's say 40k.

So, let's collect here the reasons why there will be ATH for BTC.
Name one (at least) reason, please.  

Some reasons collected so far:

1. "More than 90% of the people in this world has not yet bought bitcoin, do not worry, the adoption is still continuing. You will still see bitcoin at $100000 ane more."
2. "... as long as fiat inflation is still happening (which means a decrease in purchasing power), you can rest assured that assets like Bitcoin will keep going strong."
3. "We might see multiple ATH in the future once fiat explode. Bitcoin is the alternative and safe haven for people to escape inflation."
100k$ is possible to reach it is because bitcoin already reach 65k$ last year 2021 people are continue exploring crypto and i believe that crypto user are rising every year and it makes crypto more popular in the near future more user and more popularity makes the price rise high because the demand will surely rise so 100k$ is possible soon in the next bull season

It's not every year that bitcoin is rising, that's why we have bear market, a time wherein the price is going to nose dive. As you have said, the last all time high is $69k and then we hit bottom last year at $15k. And after that this year we still try to bounce back but we have a long way to go to even get to $40k-$50k at the end of the year.

But if we are going to look at the halving next year, bitcoin is going to be more scarce, meaning it's going to be limited and then everyone wanted to get a piece of it, even sats is going to count that could really push the price and hit a new all time high.
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May 20, 2023, 09:34:05 PM
 #134

Bitcoin will surely reach new ATH again. Even though there are no specific rules or laws that require bitcoin to reach ATH, however, if we refer to the 4-year cycle that has occurred where each halving occurs, the price of bitcoin has increased very rapidly to print a new ATH. Therefore, I am optimistic that if the next halving cycle bitcoin will reach a new ATH again.
Who can guarantee this? You?
Dude, no one can guarantee that Bitcoin will make another ATH in each bullrun season. Although in the previous bullruns BTC always created new ATH, no guarantee the same thing to happen in the upcoming bullrun. If you check altcoins, there are some altcoins that failed to create ATH in bullrun 2021. It is also possible to happen in Bitcoin. So, we must have a plan to deal with unexpected bullrun schemes.

It's not every year that bitcoin is rising, that's why we have bear market, a time wherein the price is going to nose dive. As you have said, the last all time high is $69k and then we hit bottom last year at $15k. And after that this year we still try to bounce back but we have a long way to go to even get to $40k-$50k at the end of the year.
Of course, bullrun doesn't happen every year, it happens every 4 years.
Well, the market is struggling now. After Bitcoin drops below $20k, it tried to increase gradually. We expect Bitcoin to return above $60k again after BTC halving in 2024.

Anyway, I don't think the lowest price is $15k last year. It seems around $16k or $17k.  Undecided


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Quidat
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May 20, 2023, 10:59:21 PM
Last edit: May 20, 2023, 11:14:22 PM by Quidat
 #135

Let's be honest, market do not follow any rules. There is no rule or law that says BTC should reach another ATH next cycle and next after. What if 69K was the maximum it could reach, and for the next years or decades it will be mostly fluctuating between 15k and let's say 40k.

So, let's collect here the reasons why there will be ATH for BTC.
Name one (at least) reason, please.  

Some reasons collected so far:

1. "More than 90% of the people in this world has not yet bought bitcoin, do not worry, the adoption is still continuing. You will still see bitcoin at $100000 ane more."
2. "... as long as fiat inflation is still happening (which means a decrease in purchasing power), you can rest assured that assets like Bitcoin will keep going strong."
3. "We might see multiple ATH in the future once fiat explode. Bitcoin is the alternative and safe haven for people to escape inflation."
100k$ is possible to reach it is because bitcoin already reach 65k$ last year 2021 people are continue exploring crypto and i believe that crypto user are rising every year and it makes crypto more popular in the near future more user and more popularity makes the price rise high because the demand will surely rise so 100k$ is possible soon in the next bull season

It's not every year that bitcoin is rising, that's why we have bear market, a time wherein the price is going to nose dive. As you have said, the last all time high is $69k and then we hit bottom last year at $15k. And after that this year we still try to bounce back but we have a long way to go to even get to $40k-$50k at the end of the year.

But if we are going to look at the halving next year, bitcoin is going to be more scarce, meaning it's going to be limited and then everyone wanted to get a piece of it, even sats is going to count that could really push the price and hit a new all time high.
We do really have that called 4 year cycle which it had been known for on which each cycle does have that bear market and consolidation period and a bull run.Somewhat we cant really be able to assure
if  there's a bull run on next year or into the next. Everything would really be determined out by community or investors demand and recognition.This is why when it comes to investment decisions then it would be entirely be depending whether you could be able to bare and deal with the risks or not. Neither be seeing some new ATH or not then we dont really have no choice but to deal with the reality.
Its part of the risks with this kind of investment on which you cant really be able to make sure whether this investment would be making such move in the future or not in regarding  into its price or
value.There are lots of What If's if we do speak about Bitcoin or crypto investment.

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May 20, 2023, 11:04:41 PM
 #136

I'm leaning more towards reason number 1, and I think only less than 5% of people have bought bitcoins (95% haven't bought or don't know bitcoin).
the number of people from time to time continues to increase and bitcoin investors also continue to grow, while the number of bitcoins is very limited.
I think this reason is enough why we will continue to see new ATH in the future.

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May 21, 2023, 12:03:09 AM
 #137

The interesting thing about Bitcoin is ATH, people are motivated to buy because ATH's hopes can only be achieved so that they get a big profit, if New Ath can not be achieved anymore, I don't have a problem, people will continue to actively speculate to buy because of ATH's expectations even if it does not happen.
the sideways actually are sufficient enough for general trader, doesn't need to hit ATH if the price is having so much sideway already giving opportunity window for those that want to speculate.

considers all time high just bonus in this case since I doubt most of traders are gonne be accumulating from the bottom all the way up to it hitting the all time high.

therefore despite hitting new all time high, rarely most of the people gonna get real benefits out of it other than it just becoming yet another day of ordinary rally.

so basically even if bitcoin didn't ever hit its all time high again, thats okay but then again we've seen the growth of bitcoin that's rather linear.

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May 21, 2023, 01:11:32 AM
 #138

Let's be honest, market do not follow any rules. There is no rule or law that says BTC should reach another ATH next cycle and next after. What if 69K was the maximum it could reach, and for the next years or decades it will be mostly fluctuating between 15k and let's say 40k.

So, let's collect here the reasons why there will be ATH for BTC.
Name one (at least) reason, please.  

Some reasons collected so far:

1. "More than 90% of the people in this world has not yet bought bitcoin, do not worry, the adoption is still continuing. You will still see bitcoin at $100000 ane more."
2. "... as long as fiat inflation is still happening (which means a decrease in purchasing power), you can rest assured that assets like Bitcoin will keep going strong."
3. "We might see multiple ATH in the future once fiat explode. Bitcoin is the alternative and safe haven for people to escape inflation."

There was no evidence that Bitcoin would definitely make ATH for the ATHs it did before. Made. There is no proof now either but Bitcoin will make ATH. The reasons you listed are likely to happen, so Bitcoin will make ATH again. Every result I write follows that bitcoin will do ATH. The real question should be: When will Bitcoin make ATH?
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May 23, 2023, 09:10:18 AM
 #139

ATH will always make people curious, the price of ATH so far is around $69k, in 2017 ATH reached $19k and dropped more than 75% in 2019 but can pass ATH again in 2021, we'll see if ATH will happen in 4 years or not, if it doesn't happen it will make people even more curious and in my opinion as long as bitcoin is still valuable it will continue to be used.

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May 24, 2023, 10:08:58 PM
 #140

ATH will always make people curious, the price of ATH so far is around $69k, in 2017 ATH reached $19k and dropped more than 75% in 2019 but can pass ATH again in 2021, we'll see if ATH will happen in 4 years or not, if it doesn't happen it will make people even more curious and in my opinion as long as bitcoin is still valuable it will continue to be used.
When it comes to ATH then we do really keep on finding or looking or speculating on what are the numbers would be on which it would really be just that a normal approach since all of us are really having that investment.
It would really be just that normal that we would really be that bit excited on what would really be its new numbers or ATH on this upcoming bull run.Lots had been anticipating to see new numbers on which it would really be just a normal approach for someone as we do really excited to see on what Bitcoins price would bring us or on how far we would be able to reach out.If ever we wont be seeing new top for this upcoming
Bull run then there might be something wrong whether people been focusing into other altcoins or there would be some possible flip out. No one really knows about this one until it would happen.
There's no way that we could able to tell on how this market would really be ending up, whether we would be seeing some exciting times or not.

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