BTC staying above $67,000, will it reach all time high?

[justdimin]

although this month doesn't have many days left, currently the price of bitcoin has reached $71k and it is close to its ATH price. If the price of bitcoin continues to rise positively, maybe this month or next month, we could see a new ATH, in fact, the potential to reach ATH is getting bigger, and maybe we can also see it this year.

The fact that we have reached 15%+ increase in the last week is the proof that we are doing fine, and I think we have like 10 more days so if we keep this going then we are going to do better as well.

Yes, it is not easy and yes it takes time but we should be realizing that things never mean to be easy, and we never meant to be doing anything simply. We need to realize that it takes time and patience, a lot of people sold during the last drop and I feel like we should be considering this changes as much as we possibly could. This should be reaching a few more thousand dollars higher to break the all time high price, at the very least we are close so it means the possibility is there, a lot of people feared that we would never be here.

[Hanadawa]

It is just a sort of market assumption, we can just say figure (16%) if we already know it will happen but we don't. I know there are some REAL experts living but they are silent when it regards market movement because they know that they will just fail.
Dump always happens, a swing market movement is really what we experience but it is accepted due to the market nature. Whether ATH happens or not, I was already satisfied enough from the current price, it is indeed a good selling price already for the holders.

I agree with what you said. I personally have sold some of my Bitcoin for TP and will wait for a dip to buy again. I still have a few Bitcoin dollars left because I believe Bitcoin will approach ATH this month. The market is always changing and usually when Bitcoin has a big increase in 1 week (around 11%) the market will experience a correction phase and it could be bullish and hit ATH or the market dumps again.

However, I believe that with the many important moments this year and Bitcoin's success in reaching ATH, this is a super mega cycle that will have a very positive impact on the crypto market. I believe Bitcoin will reach $100,000 by the end of the year. But for now I am still trading where I try to buy on the Dip and sell it during a bullish market like now.

[Yaunfitda]

although this month doesn't have many days left, currently the price of bitcoin has reached $71k and it is close to its ATH price. If the price of bitcoin continues to rise positively, maybe this month or next month, we could see a new ATH, in fact, the potential to reach ATH is getting bigger, and maybe we can also see it this year.

The fact that we have reached 15%+ increase in the last week is the proof that we are doing fine, and I think we have like 10 more days so if we keep this going then we are going to do better as well.

Yes, it is not easy and yes it takes time but we should be realizing that things never mean to be easy, and we never meant to be doing anything simply. We need to realize that it takes time and patience, a lot of people sold during the last drop and I feel like we should be considering this changes as much as we possibly could. This should be reaching a few more thousand dollars higher to break the all time high price, at the very least we are close so it means the possibility is there, a lot of people feared that we would never be here.

For this month? just 10 days or less and counting and we did hit $71k. And I think we might end up this month around that price and it's another great leap already as we have been trading sideways after the block halving. At least this is the first time that we have movement in price and goes to the next round numbers of $70k'ish. Obviously, as we have seen, it's not going to be an easy route for us even if we are in the bull run already. It will really take months before we can see a positive movement or to even break $73k and establish a new all time high. But the good thing is that we have seen precedence already, we are in a post halving and as past history will tell us, there will be a huge run and we might be ending up at 6 digits when this bull run is done.

[CageMabok]

Well, I thought so too. although this month doesn't have many days left, currently the price of bitcoin has reached $71k and it is close to its ATH price. If the price of bitcoin continues to rise positively, maybe this month or next month, we could see a new ATH, in fact, the potential to reach ATH is getting bigger, and maybe we can also see it this year.

Today there has been a slight price correction which has caused Bitcoin to return below $70K so this month it is unlikely that we will immediately see a new ATH again on Bitcoin. But if in the last few days Bitcoin can continue to increase like yesterday, of course this could open up the possibility of seeing a new ATH again next month. Because the current price is still quite close to the previous highest price experienced by Bitcoin in March this year, and we also need to hope that the price correction does not occur for too long in Bitcoin at the end of this month.

[YOSHIE]

BTC staying above $67,000, will it reach all time high?

Maybe all Bitcoin experts have various speculations on the current price of Bitcoin, with the reason that after the halving occurred yesterday it did not have a good impact on Bitcoin's development, $67k has already occurred in the previous halving, but all the users hoping Bitcoin could reach $100k has not happened.

Speculatively, many people hope that Bitcoin can reach its highest point, I speculated but that didn't happen this year, maybe the next halving, I'm sure that will happen in the next bitcoin movement.

[South Park]

Well, I thought so too. although this month doesn't have many days left, currently the price of bitcoin has reached $71k and it is close to its ATH price. If the price of bitcoin continues to rise positively, maybe this month or next month, we could see a new ATH, in fact, the potential to reach ATH is getting bigger, and maybe we can also see it this year.

Today there has been a slight price correction which has caused Bitcoin to return below $70K so this month it is unlikely that we will immediately see a new ATH again on Bitcoin. But if in the last few days Bitcoin can continue to increase like yesterday, of course this could open up the possibility of seeing a new ATH again next month. Because the current price is still quite close to the previous highest price experienced by Bitcoin in March this year, and we also need to hope that the price correction does not occur for too long in Bitcoin at the end of this month.

Bitcoin is so close to its ATH already that it does not really need some kind of impressive movement to surpass it, after all we have seen days in which bitcoin went up in value by several thousands of dollars with ease, so a single movement like that can be more than enough to surpass the previous ATH, and make all the investors that are right now on the fence to jump at the opportunity right in front of them, and begin a rally which could take bitcoin to new heights.

[AprilioMP]

~
If Bitcoin maintains a stable close above $67,206, it could continue to rise towards the psychological level of $70,000. In a highly optimistic scenario, Bitcoin might even turn the $67,206 level into a support base, aiming for its all-time high of $73,777.
~

I will not open this link because the first user who comes under the OP said that it is very disturbed by advertisements.

My basic knowledge of Bitcoin price data based on the bullish period will experience a high increase some time after Halving. I know this from the willingness to take time in reading.
If I am not wrong, the fourth Halving period of 2024 with the previous Halving period if studied is almost similar.
In 2024, the price of Bitcoin experienced an increase through the previous ATH if I was not wrong considering it happened in March before Halving occurred. There was a price decline after Halving which made people curious why after halving prices did not increase. Yesterday, Bitcoin again reached the price of $71,000. Patience for some time in the future if you want to see prices rise.

At first glance it looks like it has nothing to do with you intentions because I review the situation of Halving. I mean, every bitcoin that you hold will not make you disappointed.

[goaldigger]

Well I do think the new all time high will come in this month. There is alot of money going into the spot buying and spot ETF buying.

We are getting big gains right now Bitcoin us up 6% in the last 1 day. And it is up now 14% in just the week.

https://cointelegraph.com/news/bitcoin-price-hits-70k-as-spot-and-btc-etf-buying-surges

That can still happen this 2nd quarter though and there’s a big chance that this market will enter into another bullish trend. If you read the price trend you will see a strong volume towards the peak and that could push the price to reach another all time high, it’s just a matter of time before we see it and i’m sure we are still aiming for the $100k Mark.

[STT]

So far the start to this week is a retraction, a pullback which if it went as far as 60k would show up as a M or double peak topping type action.  That might scare a few people but until it completes that formation its not especially significant.

  We can always pull back to the 200 day average is a general rule I try to not ever fall into believing cannot happen again, BTC is that volatile we can push back further then expected.  However I dont especially expect that immediately to occur, completing a solid M on the graph for this week and the next would change my mind on the probability of that outcome in between now and the end of the year.

I do think 2024 will be a positive year I just dont want to presume we lose the ever present trait of BTC to be volatile and slippery to all expectations and hopes for ever higher.

[Fredomago]

although this month doesn't have many days left, currently the price of bitcoin has reached $71k and it is close to its ATH price. If the price of bitcoin continues to rise positively, maybe this month or next month, we could see a new ATH, in fact, the potential to reach ATH is getting bigger, and maybe we can also see it this year.

The fact that we have reached 15%+ increase in the last week is the proof that we are doing fine, and I think we have like 10 more days so if we keep this going then we are going to do better as well.

Yes, it is not easy and yes it takes time but we should be realizing that things never mean to be easy, and we never meant to be doing anything simply. We need to realize that it takes time and patience, a lot of people sold during the last drop and I feel like we should be considering this changes as much as we possibly could. This should be reaching a few more thousand dollars higher to break the all time high price, at the very least we are close so it means the possibility is there, a lot of people feared that we would never be here.

For this month? just 10 days or less and counting and we did hit $71k. And I think we might end up this month around that price and it's another great leap already as we have been trading sideways after the block halving. At least this is the first time that we have movement in price and goes to the next round numbers of $70k'ish. Obviously, as we have seen, it's not going to be an easy route for us even if we are in the bull run already. It will really take months before we can see a positive movement or to even break $73k and establish a new all time high. But the good thing is that we have seen precedence already, we are in a post halving and as past history will tell us, there will be a huge run and we might be ending up at 6 digits when this bull run is done.

Good point, with how the market is moving there's a good opportunity for those who still trying to invest not late if you are aiming for much better outcome, just be cool when there's market movement that seems to be a correction as we can't control those traders who already satisfied with their profits and they might be ending selling their holdings, that might bring some impact while the market is trying to move forward, just a little more patience and more on a waiting game if you want to maximize your benefits.

[maydna]

Well I do think the new all time high will come in this month. There is alot of money going into the spot buying and spot ETF buying.

We are getting big gains right now Bitcoin us up 6% in the last 1 day. And it is up now 14% in just the week.

https://cointelegraph.com/news/bitcoin-price-hits-70k-as-spot-and-btc-etf-buying-surges

That can still happen this 2nd quarter though and there’s a big chance that this market will enter into another bullish trend. If you read the price trend you will see a strong volume towards the peak and that could push the price to reach another all time high, it’s just a matter of time before we see it and i’m sure we are still aiming for the $100k Mark.

Yeah, that could happens as the price but we must be aware of this correction because we don't knows if the price still gets more correction. For Bitcoin price, I believe it will reach $100k in the next bull market and we could only waiting for that while we must prepare and have a target to sell. Many people still waiting the bullish moment so they can hold their Bitcoin until that times comes. We don't have to worry because our waiting time will ends soon.

[bitterguy28]

Well I do think the new all time high will come in this month. There is alot of money going into the spot buying and spot ETF buying.

We are getting big gains right now Bitcoin us up 6% in the last 1 day. And it is up now 14% in just the week.

https://cointelegraph.com/news/bitcoin-price-hits-70k-as-spot-and-btc-etf-buying-surges

That can still happen this 2nd quarter though and there’s a big chance that this market will enter into another bullish trend. If you read the price trend you will see a strong volume towards the peak and that could push the price to reach another all time high, it’s just a matter of time before we see it and i’m sure we are still aiming for the $100k Mark.

Yeah, that could happens as the price but we must be aware of this correction because we don't knows if the price still gets more correction. For Bitcoin price, I believe it will reach $100k in the next bull market and we could only waiting for that while we must prepare and have a target to sell. Many people still waiting the bullish moment so they can hold their Bitcoin until that times comes. We don't have to worry because our waiting time will ends soon.

Bitcoin stopped the growth  days ago after running from 56k to 71k https://coinmarketcap.com/currencies/bitcoin/ and looks like we will keep seeing this kind of movement for the next couple of months until we finally taste the bull running and let us show how much bitcoin can grow this halving season.

Well I do think the new all time high will come in this month. There is alot of money going into the spot buying and spot ETF buying.

We are getting big gains right now Bitcoin us up 6% in the last 1 day. And it is up now 14% in just the week.

https://cointelegraph.com/news/bitcoin-price-hits-70k-as-spot-and-btc-etf-buying-surges

mate remember that we are only having a week before  ending the Month so how come that you are assure of seeing ATH this month?

[retreat]

There is no need to worry that Bitcoin will not reach ATH, it will definitely print a new ATH, but of course no one knows when that could happen, it could be next month or next year, but it will definitely print a new ATH. Just be patient and wait for that to happen, because Bitcoin still has the potential to grow.

[FanEagle]

I think it peaked at around 71.5k or so, which feels like that is not that bad, I know that people expect to see ATH but that doesn't feel like a small amount neither, we could totally see that being something good. I know that it is going to take a while, but we could totally get it to be better. I am sure that people could see it reach 73k+ levels soon enough.

The thing about ATH right now is that it is not really that hard to be broken but it also doesn't mean anything if we break it. Like assume we wake up tomorrow and it is 74k, then what? That is not the point, we are on the verge of a big bull run and we want to see 100k even 150k, that is what we want to see, and considering where we are right now, I do not think that would be possible.

[AnonBitCoiner]

It’s not really surprising news that bitcoin might reach a new all time high it was just a question of when not if.

As long as you are comfortable holding then there’s nothing for you to worry about. Right now it’s just going to be a waiting game. A lot of waiting will happen however you should never worry about bitcoin. It’s going to get there, just trust it.

Bitcoin is now 69k$ after a little dip in price from the value 71k$ to this value but there should be no doubt about its future success and a price of 100k$ attainment. We can carry out our Bitcoin investment only if we have trust in it otherwise uncertainty will make us looser and doubtful about the future success.

Everyone should wait now as there is no other way to get success instead of buying more and enhancements of forbearance. Such changes are not happening for the first time but it occurs all the time so we should have knowledge about it and should be ready for all the circumstances.

[ShowOff]

Well, I thought so too. although this month doesn't have many days left, currently the price of bitcoin has reached $71k and it is close to its ATH price. If the price of bitcoin continues to rise positively, maybe this month or next month, we could see a new ATH, in fact, the potential to reach ATH is getting bigger, and maybe we can also see it this year.

Today there has been a slight price correction which has caused Bitcoin to return below $70K so this month it is unlikely that we will immediately see a new ATH again on Bitcoin. But if in the last few days Bitcoin can continue to increase like yesterday, of course this could open up the possibility of seeing a new ATH again next month. Because the current price is still quite close to the previous highest price experienced by Bitcoin in March this year, and we also need to hope that the price correction does not occur for too long in Bitcoin at the end of this month.

The month is not closed yet and you can still hope that the new ATH will be available before the end of the month. The possibility is small or large depending on market activity and the news that influences it, of course it is not impossible to get a new ATH at the end of the month. There is still plenty of time to see bitcoin demand increase sharply towards the end of the month, but profit-taking by some traders or investors could affect that possibility.

I still believe that a new ATH can occur in the last week of May, but today I have found the bitcoin price experienced a correction. Market conditions appear bearish on the 1 hour, 2 hour TH or even for the daily TF, but this correction doesn't feel like it will take too long and the market will likely recover.

[Kemarit]

I think it peaked at around 71.5k or so, which feels like that is not that bad, I know that people expect to see ATH but that doesn't feel like a small amount neither, we could totally see that being something good. I know that it is going to take a while, but we could totally get it to be better. I am sure that people could see it reach 73k+ levels soon enough.

Yes, it did peaked around that price and I thought that we might be looking for a new all time high. But I guess the pump was about the Bitcoin Pizza day and all of the hype surrounding that event. And now the price goes down again, to $67,000 with a -2% down in the last 24 hours.

The thing about ATH right now is that it is not really that hard to be broken but it also doesn't mean anything if we break it. Like assume we wake up tomorrow and it is 74k, then what? That is not the point, we are on the verge of a big bull run and we want to see 100k even 150k, that is what we want to see, and considering where we are right now, I do not think that would be possible.

It's more on the mindset of investors, definitely if we have a lot of our bags we wanted to see our portfolio goes up because of the huge uptick in the current price. If we wake up tomorrow then there could be some of us who are going to sell because they needed the money and all of that. Of course the end game is a huge 6 digits in the future. But you can't blame whales or even retail investors wanting to see the price goes to a new all time high in the previous days.

[Oasisman]

Well, I thought so too. although this month doesn't have many days left, currently the price of bitcoin has reached $71k and it is close to its ATH price. If the price of bitcoin continues to rise positively, maybe this month or next month, we could see a new ATH, in fact, the potential to reach ATH is getting bigger, and maybe we can also see it this year.

Today there has been a slight price correction which has caused Bitcoin to return below $70K so this month it is unlikely that we will immediately see a new ATH again on Bitcoin. But if in the last few days Bitcoin can continue to increase like yesterday, of course this could open up the possibility of seeing a new ATH again next month. Because the current price is still quite close to the previous highest price experienced by Bitcoin in March this year, and we also need to hope that the price correction does not occur for too long in Bitcoin at the end of this month.

I still believe that a new ATH can occur in the last week of May, but today I have found the bitcoin price experienced a correction. Market conditions appear bearish on the 1 hour, 2 hour TH or even for the daily TF, but this correction doesn't feel like it will take too long and the market will likely recover.

Market sentiments currently appear to be bearish after it pulled back from $69k down to $67k in the last 24 hours. However, the current fear and greed index shows that we are still in 74/100 greed, that means we still has a chance to see bitcoin make another run and break a new ATH before the month ends.
Market sentiments for bitcoin is generally bullish in the next coming months until the first quarter of 2025. So, this correction won't really take long and It won't go even deeper as well. I think the bottom should be around $65k-$64k? I could be wrong here, but that just based on the price actions from the past couple of days. People may start buying back when bitcoin hits $65k.

[AprilioMP]

There is no need to worry that Bitcoin will not reach ATH, it will definitely print a new ATH, but of course no one knows when that could happen, it could be next month or next year, but it will definitely print a new ATH. Just be patient and wait for that to happen, because Bitcoin still has the potential to grow.

This is an accurate response to motivate yourself so you don't have to worry about waiting for the highest price history.
From the records of how the previous ATH occurred during the periods 2010 - 2013, 2014 - 2017, 2018 - 2021, if you pay attention you can find reasons why we need to be patient.

Bitcoin is not a fraud so it requires us to be worried. If it is unable to reach a new ATH, Bitcoin's value will not change. We have a big chance of getting at least $100,000 if we still hold on firmly. Isn't that right, friend?

[Alpha Marine]

Previous cycles, the market takes Bitcoin about 9 months or 1 year after its halving to jump to a Euphoria phase.

The problem is that most people don't understand this. Most are experiencing a halving for the first time and they have refused to study and see how bitcoin performed in other halving. The halving was sold to them as a time when the price rises and gets to a new ATH, they were never told how long that might take to happen. Many people believed it would be immediately after the halving. Another thing that fueled this belief was how Bitcoin performed a few weeks before the halving. We saw bitcoin go from around 50k to 70k in days if I'm not mistaken, so they believed the halving would be like that too.

I've always advised people to take a look at bitcoin price history over the years, see how bitcoin reacted to various events and you'll have an idea of how bitcoin price would react now. It may not be spot-on accurate, but like I said, it will give you an idea.