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Author Topic: What if BTC won't see ATH again?  (Read 1480 times)
fzkto
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July 12, 2023, 03:26:44 PM
 #161

I think it doesn't matter if bitcoin doesn't happen ATH anymore, a loyal community and continues to increase is an important key that bitcoin will survive, and this is what makes many countries legalize bitcoin, even if ATH doesn't happen again I'm sure users won't leave bitcoin.
I think that many would like to see that bitcoin will continue to reach ATH, because indeed every investor really hopes that ATH is always formed for every period that bitcoin does. because every ATH achievement that will be carried out by bitcoin will always be awaited because it also affects every movement of all existing coins. I agree that the community on bitcoin is indeed quite high but it does not rule out that the need to continue to increase and achieve renewable ATH is highly anticipated.
I think that if you don't see ATH again, of course all investors don't expect it because they are really waiting for this to continue to happen.
So far, bitcoin has had several cycles that have been repeated in roughly the same way, but each time the growth has been smaller. We cannot say for sure that these cycles will be repeated every time. There are exceptions and failures in any system. The second dangerous factor may be that bitcoin has never faced a global crisis, which is the case now. But you are right that many investors have positive hopes.
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July 12, 2023, 03:47:38 PM
 #162

Because people think that fluctuations in the bitcoin price are very high, most don't think about seeing whether ATH will happen again or not, as long as they can make a profit even though it's not as big as when ATH happened, it doesn't matter, and I think users will continue to survive even though they are looking for altcoins.

We cannot work by what others are saying, majority of them were novice and don't understand the whole explanation to bitcoin price movement, some only join in the fear and help nothing than to make it circulate faster when the market is going dip, they will not refer to the periods that the market have always surges when they are at the peak time, we should make our own research and not get too involved with the ongoing news around.

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July 12, 2023, 03:58:05 PM
 #163

So far, bitcoin has had several cycles that have been repeated in roughly the same way, but each time the growth has been smaller. We cannot say for sure that these cycles will be repeated every time. There are exceptions and failures in any system. The second dangerous factor may be that bitcoin has never faced a global crisis, which is the case now. But you are right that many investors have positive hopes.
While there are many investors who have more expectations of Bitcoin, it can also be a factor that a repetition of cycles like what has happened in the past can also happen again next year even at a different price range. Because improvements and corrections are two things that have always existed in Bitcoin so this cannot be denied by anyone, even though the desire of many investors is for more positive things to happen in the next year.
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July 12, 2023, 04:45:20 PM
 #164

To me, bitcoin and cryptocurrencies are still just a money game and not a market based purely on supply and demand. Therefore, the forces manipulating the market will always know how to refresh the market, creating new tricks to attract more participants. If bitcoin doesn't hit ATH again, that will make the market boring and people will give up on it. I don't think that will happen, market makers will find ways to keep investors.

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July 13, 2023, 12:54:20 AM
 #165

So far, bitcoin has had several cycles that have been repeated in roughly the same way, but each time the growth has been smaller. We cannot say for sure that these cycles will be repeated every time. There are exceptions and failures in any system. The second dangerous factor may be that bitcoin has never faced a global crisis, which is the case now. But you are right that many investors have positive hopes.
While there are many investors who have more expectations of Bitcoin, it can also be a factor that a repetition of cycles like what has happened in the past can also happen again next year even at a different price range. Because improvements and corrections are two things that have always existed in Bitcoin so this cannot be denied by anyone, even though the desire of many investors is for more positive things to happen in the next year.

That's why it is called cycle, and I doubt that it will be broken in the next block halving. And speaking of block halving, this is very unique design by Satoshi himself and that's why the price keeps getting higher and higher every 4 years because bitcoin is getting limited and scarce.

So there's no question in my mind that it's possible that we are going to hit another all time high again, in 2024-2025.

The best thing to do is simply accumulate and then HODL in the long run.

fzkto
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July 13, 2023, 08:21:53 AM
 #166

So far, bitcoin has had several cycles that have been repeated in roughly the same way, but each time the growth has been smaller. We cannot say for sure that these cycles will be repeated every time. There are exceptions and failures in any system. The second dangerous factor may be that bitcoin has never faced a global crisis, which is the case now. But you are right that many investors have positive hopes.
While there are many investors who have more expectations of Bitcoin, it can also be a factor that a repetition of cycles like what has happened in the past can also happen again next year even at a different price range. Because improvements and corrections are two things that have always existed in Bitcoin so this cannot be denied by anyone, even though the desire of many investors is for more positive things to happen in the next year.

That's why it is called cycle, and I doubt that it will be broken in the next block halving. And speaking of block halving, this is very unique design by Satoshi himself and that's why the price keeps getting higher and higher every 4 years because bitcoin is getting limited and scarce.

So there's no question in my mind that it's possible that we are going to hit another all time high again, in 2024-2025.

The best thing to do is simply accumulate and then HODL in the long run.
This is not a mathematical cycle that cannot be broken because it obeys a certain formula. It is a market cycle that can fail, for example because of a crisis. I'm not saying it will happen, I'm just saying that it can't be ruled out. Halving is a major factor in bitcoin deflation, but you can still buy bitcoin on the exchange in almost any quantity. Unless of course you have a trillion dollars.
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July 13, 2023, 08:40:04 AM
 #167

That's why it is called cycle, and I doubt that it will be broken in the next block halving. And speaking of block halving, this is very unique design by Satoshi himself and that's why the price keeps getting higher and higher every 4 years because bitcoin is getting limited and scarce.

So there's no question in my mind that it's possible that we are going to hit another all time high again, in 2024-2025.

The best thing to do is simply accumulate and then HODL in the long run.

If you see historical price chart of Bitcoin then its very much evident that cycles keep repeating. With next Bitcoin halving around the corner we can safely speculate that there will be another bull run after the halving. It's best in our interest to buy right now since price is not that high. Whenever we have a bull run people regret that they didnt bought when price was low and when price is low there are speculations which we are discussing right now. One has to take the step towards success and that step is ususally not easy.
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July 13, 2023, 08:55:25 AM
 #168

To me, bitcoin and cryptocurrencies are still just a money game and not a market based purely on supply and demand. Therefore, the forces manipulating the market will always know how to refresh the market, creating new tricks to attract more participants. If bitcoin doesn't hit ATH again, that will make the market boring and people will give up on it. I don't think that will happen, market makers will find ways to keep investors.
What you say is quite reasonable, and indeed it is possible and I also believe in other things even though with the same ending which is almost impossible if Bitcoin does not reach its ATH again.
If we look at the chart from the beginning then the 4 year cycle of Bitcoin reaching its newest ATH has happened several times and I keep believing it will happen and it is true that the market is playing to keep Bitcoin attractive to investors.
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July 13, 2023, 09:21:12 AM
 #169

I don't think it's a problem if bitcoin doesn't see ATH again because bitcoin is undoubtedly the most popular crypto currency. But many more such coins are in circulation. Bitcoin's nearest competitors include Ethereum, Tether, Binance Coin, Cardano and Polkadot. This competition in cryptocurrencies is good for investors. It cannot skyrocket in value. But in the case of bitcoin, it has become so popular that it has an opportunity to stay ahead of rival currencies.
It's actually a problem. Bitcoin should see a new ATH after halving and I'll explain: When halving happens, the number of bitcoins that miners get is the half amount of what they were getting before halving, i.e. if miner was earning 10 bitcoins from mining one block, now they earn 5 bitcoins. At the same time, there is a tendency, an expectation that Bitcoin's price will rise after halving. This tendency and expectation is what intensifies their interest to invest in Bitcoin, that's why we reach ATH in every 4 years. But if Bitcoin won't see ATH again, that means, it lost its fire and people are no longer interested in it.
But to be honest, there is a zero chance that we won't see Bitcoin ATH again because of recent Blackrock's interest in Bitcoin. So, no worries guys!

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July 16, 2023, 06:33:28 AM
 #170

To me, bitcoin and cryptocurrencies are still just a money game and not a market based purely on supply and demand. Therefore, the forces manipulating the market will always know how to refresh the market, creating new tricks to attract more participants. If bitcoin doesn't hit ATH again, that will make the market boring and people will give up on it. I don't think that will happen, market makers will find ways to keep investors.

Boring for those who want their assets to fly quickly and not boring for speculators who continue and continue to enjoy falling market prices for their coin accumulation. I think, They are strong hands/whales that are able to boost market prices, of course, They always see the moments too, if it is right, then they will work in market.

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July 16, 2023, 03:36:05 PM
 #171

To me, bitcoin and cryptocurrencies are still just a money game and not a market based purely on supply and demand. Therefore, the forces manipulating the market will always know how to refresh the market, creating new tricks to attract more participants. If bitcoin doesn't hit ATH again, that will make the market boring and people will give up on it. I don't think that will happen, market makers will find ways to keep investors.

Boring for those who want their assets to fly quickly and not boring for speculators who continue and continue to enjoy falling market prices for their coin accumulation. I think, They are strong hands/whales that are able to boost market prices, of course, They always see the moments too, if it is right, then they will work in market.
Bitcoin is still new and only a small portion of just entering the Crypto industry and technology, so the demand will be very strong if everyone realizes that blockchain technology is very important for the financial bookkeeping system, so the price problem will increase if more and more people are involved, however Indeed, if you look at the outside side like a scheme set by certain parties because it is encouraged by the number of speculations and indeed in investment assets are always sensitivity to the news, but that happens if you really don't learn it for a brighter future potential with Bitcoin, if you understand the technology I think you will dance your words.

Whales investors are only a few of the many retail investors, I think that dominating Bitcoin ownership is not only the Whales, but a lot of small fish also fill this pool, and actually we also don't know whether there will be ATH anymore or not, but certainly Bitcoin always provides proper returns in each cycle, and this is back to their respective views.

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July 16, 2023, 04:02:38 PM
 #172

I suggest ops stop thinking and just face reality because as far as we know,  bitcoin will break a new market cycle this is not the first time Bitcoin will see ATH because when Bitcoin did 2017-2018 to 2020 $19,000 Bitcoin price all time high, everything know that we are going to see November 8th 2021 all-time high price of $67,567 and that is what bitcoin is all about, even though no one can predict the accuracy of time when the next all-time high and at what price Bitcoin will be at that time.


But there is also what we know as the Bitcoin haven cycle which occurs every 4th year when by the block size and Bitcoin miner's rewards will reduce which is something that will be a reduction in the Bitcoin total supply and many think that it will breed avenues for Bitcoin scarcity which will lead to price rise.

 
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July 16, 2023, 04:17:54 PM
 #173

Boring for those who want their assets to fly quickly and not boring for speculators who continue and continue to enjoy falling market prices for their coin accumulation. I think, They are strong hands/whales that are able to boost market prices, of course, They always see the moments too, if it is right, then they will work in market.
Boredom is hard to get rid of, but that doesn't mean it can't be avoided because boredom only arises when someone is waiting for the best price in the market by constantly looking at the price after he buys to trade, not to invest. While investors usually don't mind waiting a little longer to see the best price in the market, they would also be happier if they didn't wait longer for their investment. Price jacks from those who have strong hands, usually will have more influence on prices in the market, but this is not guaranteed to last long if only a few people have strong hands for this.

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July 16, 2023, 05:21:04 PM
 #174

I suggest ops stop thinking and just face reality because as far as we know,  bitcoin will break a new market cycle this is not the first time Bitcoin will see ATH because when Bitcoin did 2017-2018 to 2020 $19,000 Bitcoin price all time high, everything know that we are going to see November 8th 2021 all-time high price of $67,567 and that is what bitcoin is all about, even though no one can predict the accuracy of time when the next all-time high and at what price Bitcoin will be at that time.

Bitcoin will keep increasing in price because after halving of Bitcoin, Bitcoin scarcity will also increase as the amount of Bitcoin entering the market will be reduced. This is the exact reason whey Bitcoin price keep increasing after every halving, there's less Bitcoin been traded.

Bitcoin new all time high is what keeps the market moving, everyone is investing and believing they'll get more profits when Bitcoin gets new all time high and other coins follows. If Bitcoin stops getting new all time highs it means the market is dead and investors will reduced.

We should be discussing what the new all time high is going to be instead of doubting if it will happen because it's a constant behavior of the market to get a new all time high price after every halving has happened. This year will also follow previous cycle of the market.

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July 16, 2023, 05:33:28 PM
 #175

Well, from me One of the reasons why there may be an all-time high (ATH) for Bitcoin (BTC) is the Growth in Global Adoption that the crypto world, in the future continues to develop. This can be seen from the increasing interest of many individuals and institutions who are aware of Bitcoin and its potential benefits the direction there will be Demand which increases day by day either so that it can push Bitcoin price to new ATH. for the three points above, as you said, it is also right and not wrong and also leads to an increase in the price of BTC.

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Lanatsa
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July 16, 2023, 10:50:43 PM
 #176

I suggest ops stop thinking and just face reality because as far as we know,  bitcoin will break a new market cycle this is not the first time Bitcoin will see ATH because when Bitcoin did 2017-2018 to 2020 $19,000 Bitcoin price all time high, everything know that we are going to see November 8th 2021 all-time high price of $67,567 and that is what bitcoin is all about, even though no one can predict the accuracy of time when the next all-time high and at what price Bitcoin will be at that time.

Bitcoin will keep increasing in price because after halving of Bitcoin, Bitcoin scarcity will also increase as the amount of Bitcoin entering the market will be reduced. This is the exact reason whey Bitcoin price keep increasing after every halving, there's less Bitcoin been traded.

Bitcoin new all time high is what keeps the market moving, everyone is investing and believing they'll get more profits when Bitcoin gets new all time high and other coins follows. If Bitcoin stops getting new all time highs it means the market is dead and investors will reduced.

We should be discussing what the new all time high is going to be instead of doubting if it will happen because it's a constant behavior of the market to get a new all time high price after every halving has happened. This year will also follow previous cycle of the market.
Everything would really vary on the demand because if the the supply or block rewards getting decreased on every halving but the demand keeps increasing then it would really be just pertaining with that basic

supply and demand thing on which it would be understandable that prices and value would really be increasing and its something inevitable. Wont really be seeing its ATH again? We've been saying this wayback
when the price ATH playing around 19k as far as i remember but look at on where we are now? This is why it wont really be that ideal to have that kind of conclusive approach just because you have seen those
price pull backs and lots of fuds circling around the market. Common reactions but not something new because we are really that impulsive whenever we do see that prices is really that
going into those levels which we are event expecting to. Just go with the flow and dont make yourself that stressed on whatever you do see on those charts.

R


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July 19, 2023, 03:22:36 PM
 #177

There is no doubt that Bitcoin will see ATH again and it will reach higher levels. If you notice how much the Bitcoin market grew in 2021, you will have an idea about the Bitcoin market. We know that the bitcoin market halves every four years and then the bull market begins. And when a bull market begins in the market, the price of Bitcoin continues to increase in momentum.  It is true that when the Bitcoin market reached its all-time high, people were interested in investing heavily in it. But there is no doubt that the Bitcoin market will reach $100,000 in 2024 It is certainly possible and we will see.

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July 22, 2023, 06:35:37 AM
 #178

ATH is something that motivates many people to buy because of the large profit potential. ATH is something that we are really looking forward to, usually ATH occurs due to positive sentiment in the market, for example the legalization of bitcoin in a country, this will make the number of users increase significantly so as to make the price jump shortly.


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July 22, 2023, 08:48:53 AM
 #179


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

In my opinion, bitcoin still has a very big chance, to be able to reach a new ATH, in the years to come. Why do I think like that, it's all because the trend and popularity of bitcoin among people is getting higher and much in demand. So if this continues to run smoothly, in the future it is certain that in terms of market demand for bitcoin will be even higher, and so the price of bitcoin will automatically increase.

So basically I agree with this opinion.
Quote
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."



Quote
3. "We might see multiple ATH in the future once fiat explode. Bitcoin is the alternative and safe haven for people to escape inflation."
But I don't agree with this opinion. What does fiat mean by exploding, I think for now, this opinion is excessive. Because after all, fiat will definitely exist, because it is the most absolute payment system in many countries. Indeed bitcoin can be an alternative for a payment, but if it is to replace fiat money as a whole, in my opinion this will definitely have pros and cons and will definitely be difficult. Even though at this time, there is a country of El Salvador that has successfully adopted bitcoin as a means of payment. But still the previous currency is still used.

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July 22, 2023, 12:15:37 PM
 #180

ATH is something that motivates many people to buy because of the large profit potential.

True, it's because throughout the history of bitcoin, in a bull run, we always see new all time high every 4 years. And with that, we buy in the bear market and simply HODL and with for bull run season.

ATH is something that we are really looking forward to, usually ATH occurs due to positive sentiment in the market, for example the legalization of bitcoin in a country, this will make the number of users increase significantly so as to make the price jump shortly.

It might take years though, and so others doesn't have that mentality to be a investor for such a long time. But for us, and for those who experience it, definitely, we are going to be looking forward to it because we know that we can make a lot of money and profited, simply as that.

 
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