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Author Topic: Will Bitcoin break its all-time high (ATH) soon?  (Read 839 times)
Free Market Capitalist
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May 03, 2025, 08:25:10 AM
 #41

Bitcoin returning to $97k is a positive signal, but not a reliable sign or indicator to confirm that bitcoin will definitely reach a new ATH.

Indeed, if people want to buy bitcoin, they should buy whenever they have money or whenever bitcoin is dumped. Those who wait for the price to drop further, hesitate to buy for fear that the price will continue to fall. They are not stupid, but they will never buy.

There is no guarantee that the market will not be dumped again, the market is affected by tariffs, geopolitics...and we cannot control those things so we cannot predict anything.

That's right, first the price hit the $95K resistance. Now it seems to have hit the $97K level. That's because people place sell orders as soon as the price approaches a round number, so I guess beating $100K will take some time. But in the meantime, as you say, on a downward bounce we don't know if the price can go lower than we expect.

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May 03, 2025, 09:55:58 AM
 #42

Both could be right and one of them could be wrong.
Bitcoin breaking above $97k in May, precisely at the beginning of May, is not something to be taken seriously because
there will be no positive news about what happened that made the price suddenly reach $97k and above.
The market may have been saturated in the consolidation phase - then there was another trigger that you may have missed.
May has often been a positive month for bitcoin historically - so positive sentiment towards it could trigger an upward price movement. But nothing is certain - I mean, there are a number of other factors to consider regarding this increase.
2023, 2022, 2021, Bitcoin monthly return according to coinglass data is not good because it is red. But 2024 is very good for Bitcoin reaching +11.07%.
Likewise with the data in the third quarter (Q3) of Bitcoin monthly in May 2024, but in May 2023 it is not so positive.
I agree about other factors for May 2025, even I am very sure that in May this year Bitcoin can return to the price of $100,000 and can reach a new ATH.

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May 03, 2025, 11:05:37 AM
 #43

Whatever the experts tell of what's the real issue and reason of what's happening to Bitcoin. Whether they're having a huge inflow/outflow for the ETFs, it might be a factor. But we will never know the biggest contribution that we're having. Or simply, we don't have to identify what actually it is because we're in a bull run and it's a cycle that we're experiencing right now. So, we don't have to stress a lot from it and just getting ourselves prepared of what can happen for the months to come. I think that it will break a new all time high and that's what I am excited to wait and see.


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May 03, 2025, 12:27:17 PM
 #44

Bitcoin will be back to $100k. Now, Bitcoin is on the bull run and it is waiting for the time to rise. You can follow the trend but don't too seriously because we never know when Bitcoin will rally. Maybe that is just bait to attract more attention from them to join in Bitcoin and buy Bitcoin. But from what happening to Bitcoin, people see that Bitcoin soon will increase and the drops of the price will reverse to the high price. Until that time, you need to buy as many as you can so you will have your chance to make a profit.
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May 03, 2025, 02:54:22 PM
 #45

All I can say is that's what everyone is waiting for, everyone wants BTC to pump and hit more ATHs. But as we all know, bitcoin is unpredictable and no one can know what will happen. We follow the market, the market doesn't follow us, so the only thing we can do is always have a plan no matter what happens.

If want to predict market movements, we should look at the big picture because bitcoin is affected by many different factors, not just the flow of money from ETFs. They are just like us, not knowing what will happen and ready to dump their bitcoins if any negative news comes out.

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May 03, 2025, 03:10:04 PM
 #46

-snip-
2023, 2022, 2021, Bitcoin monthly return according to coinglass data is not good because it is red. But 2024 is very good for Bitcoin reaching +11.07%.
Likewise with the data in the third quarter (Q3) of Bitcoin monthly in May 2024, but in May 2023 it is not so positive.
I agree about other factors for May 2025, even I am very sure that in May this year Bitcoin can return to the price of $100,000 and can reach a new ATH.
Yes - you are right about the data, I checked it too. There were no monthly returns for bitcoin in May 2021, 2022 and 2023 - the price has trended down in May for 3 years running. Last year was different - the monthly returns for bitcoin in May were quite significant, but this year it looks like it will be the same. The positive fundamentals are likely to increase the percentage of monthly returns for bitcoin this May - I really believe that if I use previous bull cycles as a benchmark.

On the 7-day timeframe - bitcoin is still up 2.4%, of course it's still early in the month and we still have plenty of time to look forward to a bigger rally. I hope $100K can be broken this month and the important resistance above it can actually be touched - that would confirm the bull run is starting.
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May 03, 2025, 04:16:23 PM
 #47

All I can say is that's what everyone is waiting for, everyone wants BTC to pump and hit more ATHs. But as we all know, bitcoin is unpredictable and no one can know what will happen. We follow the market, the market doesn't follow us, so the only thing we can do is always have a plan no matter what happens.

If want to predict market movements, we should look at the big picture because bitcoin is affected by many different factors, not just the flow of money from ETFs. They are just like us, not knowing what will happen and ready to dump their bitcoins if any negative news comes out.
Everyone always expects positive movements from Bitcoin, I also expect the same, but we should never forget about volatility. Bitcoin is volatile in nature and it rises in the midst of volatility, so a Bitcoin investor needs to prepare his mentality properly, not worry unnecessarily about market movements and have a long-term plan, no matter how negative Bitcoin is in movement, it will definitely recover, but at that time if someone panics unnecessarily and decides to sell his holdings, then he is only losing his investment and wasting a good opportunity, because after some time Bitcoin will come back strong again.











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May 03, 2025, 04:45:54 PM
 #48

2023, 2022, 2021, Bitcoin monthly return according to coinglass data is not good because it is red. But 2024 is very good for Bitcoin reaching +11.07%.
Likewise with the data in the third quarter (Q3) of Bitcoin monthly in May 2024, but in May 2023 it is not so positive.
I agree about other factors for May 2025, even I am very sure that in May this year Bitcoin can return to the price of $100,000 and can reach a new ATH.
Yes - you are right about the data, I checked it too. There were no monthly returns for bitcoin in May 2021, 2022 and 2023 - the price has trended down in May for 3 years running. Last year was different - the monthly returns for bitcoin in May were quite significant, but this year it looks like it will be the same. The positive fundamentals are likely to increase the percentage of monthly returns for bitcoin this May - I really believe that if I use previous bull cycles as a benchmark.
There are good percentages for last year with 2020. I just wanted to hear from some of you here if this year the returns will be like 2019 which reached +52.38%.

Hopefully this month can break through $100K so that the fortress will soon run without anyone being able to stop it.
In the meantime, yes, investors who have been holding for a long time can play a new strategy.

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May 03, 2025, 07:34:02 PM
 #49

So, what do you think? Should we take this trend seriously?
Or is it just bait  to make people buy in before the market drops again?

Nobody knows. All we are doing is some speculation. These are buy-the-news/sell-the-news type things which often influence the market, but that does not last long. Usually, this news and predictions influence beginner-level crypto users who might end up deciding to see these articles. But as a veteran crypto user, you should always do your own research before you make any decision.

In the early days of my crypto journey, I used to take this kind of news seriously and make my decisions based on it, but I learned that most of these are just speculation, which anyone could do if they want. I have learned a lot since then, and I think I know what I should do.

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May 03, 2025, 07:39:31 PM
 #50

All I can say is that's what everyone is waiting for, everyone wants BTC to pump and hit more ATHs. But as we all know, bitcoin is unpredictable and no one can know what will happen. We follow the market, the market doesn't follow us, so the only thing we can do is always have a plan no matter what happens.

It is a known thing that Bitcoin do a series of ath breaking record during its bull runs specially when it is at the later stage where it records its peak before the market transition to a bear market.  As far as I observe, Bitcoin is yet to transition so there is still a huge possibility that it will break its current ATH before the end of this year.

If want to predict market movements, we should look at the big picture because bitcoin is affected by many different factors, not just the flow of money from ETFs. They are just like us, not knowing what will happen and ready to dump their bitcoins if any negative news comes out.

The current sentiment of the Bitcoin market is bullish since it started to recover from its crash weeks ago. I checked Bitcoin is at $96k+ as of this writing, so it looks like Bitcoin is currently rallying.  We know that when the Bitcoin market become hype and crazy, the possibility of Bitcoin reaching a new ATH is high.

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May 03, 2025, 09:39:38 PM
 #51

Will bitcoin break its ATH soon?
Sure it will, even sooner than we expected because the market has received a strong support that took the price to around $97,000 today so hopefully in the upcoming days we will see more bullish movement that will open way for a new ATH. The market has received a lot of inflows recently which has made the price to become bullish hence a new ATH is on the way.

There is no guarantee of that, and things turned out completely opposite to our expectations. If I remember correctly, at the beginning of the year, most of us were excited and optimistic, everyone predicted that bitcoin would be able to reach $120k before the end of Q1 and would conquer other ATHs like $150k or $180k in Q2....but none of that happened.
This statement is wrong because not everyone that predicted the price of bitcoin to reach $120k in the 1/4 of the year and not everyone also predicted the ATH of the 2/4 to reach $150k and $180k. However, it's all speculations but sometimes speculations also comes through so if people made predictions and it didn't work as predicted, it shouldn't be what will demoralize us from not being optimistic about the price reaching a new ATH.

Quote
Bitcoin is recovering and reaching $97k is a very positive sign, we can be bullish but don't forget that the market is affected by macro factors such as tariff wars or geopolitical situations...factors that are beyond our control so don't be too subjective. The market is unpredictable so always have a backup plan.
Tariff wars and the geopolitical factors you are talking about are just temporary factors and they can't cause long term market changes, so they shouldn't even be a problem because situations like that will always come and go in future.

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May 03, 2025, 10:34:08 PM
 #52

The current sentiment of the Bitcoin market is bullish since it started to recover from its crash weeks ago. I checked Bitcoin is at $96k+ as of this writing, so it looks like Bitcoin is currently rallying.  We know that when the Bitcoin market become hype and crazy, the possibility of Bitcoin reaching a new ATH is high.
Looks like it might actually happen this time.. Bitcoin is slowly climbing, and once it touches $100k again, that’s the comfort zone where FOMO can kick in hard. Let the public believe it’s bullish, while the big institutional players keep stacking sats quietly. That combo? Perfect ticket to the moon.

So honestly, I don’t see any reason why we won’t see a new all-time high soon.
I’m even betting it could happen this month. What do you guys think?
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May 03, 2025, 11:49:02 PM
 #53

Bitcoin will break the ATH soon. But even though it didn't break the ATH but the $100k or a significant figure of $105k maybe achieve or a little bit above. Looking at the current market situation, there is hope for Bitcoin to achieve that Price. Last month and month before last where one of the worst month since Bitcoin hit $108k but now I see a good sign of Bitcoin recovering from the long blood bath.

 
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May 04, 2025, 03:08:53 AM
 #54

Will bitcoin break its ATH soon?
---
So, what do you think? Should we take this trend seriously?
Or is it just bait  to make people buy in before the market drops again?
A day of outflows isn't that significant IMO. I mean if it's consecutive days of outflows just like in inflows then we might see a correction. Well, we are seeing a bit of a correction already, but for me, it's a healthy correction knowing that the pump in the price of Bitcoin for me is very sharp, and it only took a few hours to days to reach that price. It isn't gradual, and now that we are above $90,000, I believe that the trend is upside already.

The term "soon" is very broad IMO. "Soon" can be in the next few months. "Soon" can be next year as well. "Soon" can be in the next 6-8 weeks. One thing's for sure though. Bitcoin will break that ATH, and my prediction is it will reach as high as $115,000-$120,000. Of course, this is coming from a person who's just spewing random numbers. Tongue Still, I believe that we will be seeing a new ATH possible in the next 3-6 months.

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May 04, 2025, 08:45:46 AM
 #55

Until it won't break $100K again, I don't think there is a new ATH anymore. May the new influence the market demand and investors' courage, but I can't say this will be enough to push the price high.

We've been at this level for months already, and much positive news we've heard already, but we see no big changes in the market trend. I believe that even the ETF couldn't make it to rally the price. 

But despite the situation, I remain bullish, but not with the new ATH because I was already convinced that it was done.

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May 05, 2025, 03:09:45 AM
 #56

All I can say is that's what everyone is waiting for, everyone wants BTC to pump and hit more ATHs. But as we all know, bitcoin is unpredictable and no one can know what will happen. We follow the market, the market doesn't follow us, so the only thing we can do is always have a plan no matter what happens.

If want to predict market movements, we should look at the big picture because bitcoin is affected by many different factors, not just the flow of money from ETFs. They are just like us, not knowing what will happen and ready to dump their bitcoins if any negative news comes out.
That's 100% true, predicting the market is the hardest thing, what I know is that in the future bitcoin will grow, since bitcoin has been like that over more than decades, I expected that in the future, the same thing will play out and bitcoin break new ATH but the question is, when will that happen.
As for me, i'm optimistic in Q3-Q4 we can break ATH easily. But seeing the chart, price can go back to 80k level anytime.
Basically, just hold bitcoin. Sounds simple, but from the data alone, holding bitcoin simply means you will avoid unnecessary trade and guarantee to win.

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May 05, 2025, 03:40:51 AM
 #57

As soon as the whole market started expecting Bitcoin to finally hit $100k after it went around $98k, the reversal started, and the price went straight from $97k to $93k something today. I'm not sure about the reason behind this sharp decline as I've not been following the news for a few days, but one thing is for sure: it looks like we are not going to see Bitcoin at or above $100k as soon as we were expecting it. I thought it might happen within the first two weeks of May, but it was when the price was heading towards $98k, but after this reversal, my thoughts have changed.

Now, there are two scenarios. If the price manages to completely recover and gets back to $97k or something within a couple of days, we might see $100k within this week, but if it goes around $95k, and then the reversal happens again and drags the price below $90k, we might have to wait for some more time, maybe even a month or so.

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May 05, 2025, 09:29:14 AM
 #58

Not too soon, I guess because the price may still up and down and make some people worry Grin

We should not react too seriously with the trend but take it easy because Bitcoin will get the right time to hit the new highest price. If that is a bait to make people buy, they should be careful and not just buy without analyze. They will just get in the trap buying in a high price.

If they can be patient and not act rush, they will get their time to buy at a low. But yes, I agree that the market in the bullish position so we need to wait and still hold our Bitcoin until the time come to sell.
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May 06, 2025, 02:21:04 AM
 #59

We peaked at 98k for a while, I assumed it would go up there but then it didn't so I am feeling like maybe it would go up or maybe it won't not entirely sure. If we can get better then we are going to make a lot more money and break it. This is why we need to realize maybe it isn't meant to be at the moment, of course we will break ATH eventually, and it could be as soon as in a few months, but the way we are having trouble going up, shows that it may not be this month. And if we mean "soon" as in this month, then it looks like we are not going to make that kind of money at the moment.

We should be looking into this as something that will grow better and further with time, and shouldn't be getting any other different result. If we can get a greater return, then it would not be that bad at all, and could make us some income for sure.

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May 06, 2025, 02:25:50 AM
 #60

Will bitcoin break its ATH soon?

Lately, a lot of news has been talking about Bitcoin moving in a bullish (upward) direction. They keep pointing out that ETF inflows could be a sign that a bull market is coming.

Like in this article I read recently - they really focused on that:

https://www.coindesk.com/markets/2025/05/01/bitcoin-traders-eye-breakout-to-new-highs-as-trump-says-tariff-deals-progressing
Quote
Spot bitcoin ETFs saw a $56 million outflow, ending an eight-day streak of inflows totaling nearly $3 billion.

So, what do you think? Should we take this trend seriously?
Or is it just bait  to make people buy in before the market drops again?

SURE WHY NOT.
My question back to you is Dec 2025 soon enough?

Or would you like July 2025?

I can tell you this in 8 years it will be well over 1 million or under 20k.

Most of us are hoping for the 1 million plus.

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