Considering the market pattern of Bitcoin since 2018, I don't think there will be any ATH very soon. The market value of Bitcoin will linger within the range of $8k and $15k. I don't really see Bitcoin going beyond $15k throughout the year. Its even likely that its market value might drop back to $8K considering what happened in 2019 when its value rose within a short period and dropped after some time.
I guess we already see the new ATH because the price can touch $12k a few days ago, and the price is still rising to break another high price. Although the price now is up and down from $12k and back to $11k level, the price will have a chance to increase higher, and make another ATH, whether it will happen this month or next month. We are still far from $20k, but I am sure that we will see that price soon, so we don't have to worry, and we can still make more bitcoin. 
Topic: Thoughts on new ATH (Read 606 times)
Hello to all. It is the thoughts of a new ATH that have kept many of us in the cryptocurrency community for a long time. All of these thoughts are different. Someone is waiting for 1 million dollars for Bitcoin, someone is waiting for 100 K, but I also hope to see such prices in this lifetime. The most important thing is not to forget that the cryptocurrency market is extremely unstable - today the price can be 100 thousand dollars, and tomorrow it will fall to 1 thousand - this must be taken into account. I hope to see $ 30,000 for one Bitcoin this year - the price is going up very well now.
Considering the market pattern of Bitcoin since 2018, I don't think there will be any ATH very soon. The market value of Bitcoin will linger within the range of $8k and $15k. I don't really see Bitcoin going beyond $15k throughout the year. Its even likely that its market value might drop back to $8K considering what happened in 2019 when its value rose within a short period and dropped after some time.
I think things are still not clear with this pandemic and whether the economic crash is going to resurrect any moment from now but I think we should see a rise in market gradually from now onwards as most countries have started opening up economic activities. But the highest i will expect is say bitcoin around $15K
I think there's a lot of upside left. Most people in "society" have not owned any bitcoin yet lets not forget. I believe every financial institution whom already isn't "in" to bitcoin will be jumping in soon which will only rise numbers... As prices remain somewhat stable /slowly rise ( with maybe some huge pumps upwards), more and more people will want to jump in. I think 20K ATH will be reach but as for what dollar amount..sky's the limit , who knows.
Well there are many factors at play now that suggest that Bitcoin will go to at least 100k in the next peak of the bull cycle and that this is a conservative figure. I think it is possible but we will need to see a big injection of money into the whole market going into the trillions and we are not even at 500 billion yet. We will need a lot of institutional money and Rich people to star investing more and more so we can get t a 10 x from here for BTC. This bull cycle I think is also the last chance to make such huge gains on BTC as already the marketcap is quite big and all Early adopters have made their millions and billions.
The ATH of bitcoin is heavily dependent on technical analysis.
Could you care to explain, if you would say a big investment is necessary then it would be almost correct but technical analysis is to analyze the market and nothing else 
.At present, the world economic situation is under tension due to the covid-19 epidemic and the political and economic situation between the great powers of the US and China is straining. Currently, the cash flow has poured into gold and stocks is quite large. I think there will be a new slump in the economy. Bitcoin will soon reach ATH but will be later this year or next. It's a long process and requires the price action to break out of the chart pattern.
If there is any strain in the economy you will not find huge investment in the stock market but you would see that kind of investment in gold and that is why the price of gold is rising for months. Once again the charts are just analysis and the investment must be pouring in for the market to move higher.
In my opinion today is better than yesterday this year is also better than last year even though the price of the coin did not go up like 4 years ago but Crypto coin is still slightly improving and starting to rise even though only around 20% but this is increasing the trend so I always think that Covid has made me excited to search for cryto coins and have put in a lot of effort to improve the worldwide economy through crytocurtency
The ATH of bitcoin is heavily dependent on technical analysis. At present, the world economic situation is under tension due to the covid-19 epidemic and the political and economic situation between the great powers of the US and China is straining. Currently, the cash flow has poured into gold and stocks is quite large. I think there will be a new slump in the economy. Bitcoin will soon reach ATH but will be later this year or next. It's a long process and requires the price action to break out of the chart pattern.
There is absolutely no correlation with economy and possible fallout!
The crypto covid crash occurred at the same time as the stock crash, both markets move in the same direction.
I believe that we will have new ath but just because of the craziness going on in the stock market.
That parallel movement makes me wonder what the price will be after countries fully recovered from covid-19 impact...but at the same time in the short - middle term most people won't buy or involve in cryptocurrencies since they have difficulty to secure job, foods, rent...except maybe people in counties with a fallen economy where switching to BTC is more secure!The crypto covid crash occurred at the same time as the stock crash, both markets move in the same direction.
I believe that we will have new ath but just because of the craziness going on in the stock market.
For the ATH I think we may see it at the end of the year if BTC continues its stabilization in +$11k
Let us break current ATH first and we can talk about how high we go later. It is still two years and a half since our last ATH and while there is some sort of euphoria in the market lately, still there is a certain technical analysis that might not bring such a bullish case at least for this year.
Now while I'm conservative most of the time, yet sometimes I watch the charts and feel that all the pieces come together and $100k is inevitable and not far. Perhaps just a year or two away.
Now while I'm conservative most of the time, yet sometimes I watch the charts and feel that all the pieces come together and $100k is inevitable and not far. Perhaps just a year or two away.
Anyone remembers 2019 ATH? I think we are close to it as it was around +12k or something. Passing it will be a good point in bitcoins history. I’ve noticed that bitcoin price grows for 2 week straight, without any super positive news and correction. Just a plain growth by itself. That is suspicious. I think the price needs to go back a bit.
Yeah, but it just happened and passed by in a blink of an eye. Before I could sell, it dropped again.
Bitcoin, just like any other tradeable asset is manipulatable by the whales. We could only sit and watch.
The new coming ATH is really intense to see nor it was excited and probably no one knows when. I should think about more on the realistic and achievable, and $25k is not really that far for the next Bullrun after $20k ATH last 2017. But even though we can't predict the market flows but I was not thinking that we got that point this year.
More closer the more its potential to achieve, the last time high surprises us but now the movements are really giving us opportunities to choose our side and place our entries in a much comfortable position.
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This year is really a big challenge for crypto and also with the global market, we have those positive insights last year as seeing that halving will give a huge impact on the market but badly we got this pandemic that it affects the momentum.
Most predict that after that halving there's a positive effects, we seen a good sign coming this year as the market start showing a strong but due to this pandemic it's slow things down.
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However, we also notified that the crypto market won't let that bad aura puts its declining sentiment but rather to see it move a little bit far.
With this pandemic, the market sentiments still in a positive sign, market continue to rise just need to make proper assessments while placing your investment to avoid making bad decision if there's sideways that may happened.
The new coming ATH is really intense to see nor it was excited and probably no one knows when. I should think about more on the realistic and achievable, and $25k is not really that far for the next Bullrun after $20k ATH last 2017. But even though we can't predict the market flows but I was not thinking that we got that point this year. This year is really a big challenge for crypto and also with the global market, we have those positive insights last year as seeing that halving will give a huge impact on the market but badly we got this pandemic that it affects the momentum. However, we also notified that the crypto market won't let that bad aura puts its declining sentiment but rather to see it move a little bit far.
No one will stop for bitcoin popularity and become more valuable. I think the new ATH will come in a near future and it will surpass from the last 2018 ATH. It's difficult to predict but we know how the bitcoin become more attractive to the people especially this time of pandemic that everything will be done online. More demand will give more value in bitcoin and this time that many are engaged in online business there is also a great possibility that bitcoin and cryptocurrency will become more popular.
A new ATH will happen 
. Many are expecting for it to happen and we are just $8k away from reaching it.
The only question is "WHEN". When it will happen. Will it happen next year?? This 2nd half of 2020?? In the next 3 years. The only thing we can do now is to predict into when this will happen. I don't think too that it will happen next year because of the pandemic. Maybe if the virus will be controlled and there is a new vaccine already that is available to the public then maybe we can see crypto market to rise further more.
. Many are expecting for it to happen and we are just $8k away from reaching it.The only question is "WHEN". When it will happen. Will it happen next year?? This 2nd half of 2020?? In the next 3 years. The only thing we can do now is to predict into when this will happen. I don't think too that it will happen next year because of the pandemic. Maybe if the virus will be controlled and there is a new vaccine already that is available to the public then maybe we can see crypto market to rise further more.
If there will be a sudden increase regarding the rate of the price's movement, things could be easily concluded. But the thing here is that, anytime the market could again collapse. I think the new ATH will not be reached this year, and the highest market value, if ever the increase would be continuous, will play around $16,000-18,000. If we would observe the behavior, consistency is lacking, which is in the first place, a normal thing especially if it is a crypto's market value that we are talking about.
I hope nothing worse would happen for the rest of the year because it may trigger a crash especially if it is the economies of different countries which are concerned. My expectations are not that high, maybe because we had our hopes up before whenever an increase is being observed. Just a matter of being realistic.
I hope nothing worse would happen for the rest of the year because it may trigger a crash especially if it is the economies of different countries which are concerned. My expectations are not that high, maybe because we had our hopes up before whenever an increase is being observed. Just a matter of being realistic.
Are you saying you don't believe bitcoin will ever reach beyond 20k again? Or just this year?
Actually he have a point in certain things but actually we cannot tell on what will happen on certain days coming since we don't actually know how the movement goes and how it will end up but bitcoin can surprise us so we need to get ready for the result since might we gonna see some new ATH or maybe we can see a flop for this year.
Just my simple prediction if the market price of the bitcoin today will rise up to the 12k market price there is a chance that it will rapidly increase into the 15k market price and this is a good thing for the investor who made an entry point into the 3k and above this is a huge market profit to them so does not need to worry about the profit they will get. Still, I'm hoping for this comeback of the market price of the coin because from the previous halving i didn't know too much the use of the bitcoin but right now I fully support the use of this coin.
If this may happen this is my one of the most memorable halving in my life, the market is volatile this is the truth but still I believe on the law of attraction the same with you guys.
If this may happen this is my one of the most memorable halving in my life, the market is volatile this is the truth but still I believe on the law of attraction the same with you guys.
There is absolutely no correlation with economy and possible fallout!
The crypto covid crash occurred at the same time as the stock crash, both markets move in the same direction.
I believe that we will have new ath but just because of the craziness going on in the stock market.
The crypto covid crash occurred at the same time as the stock crash, both markets move in the same direction.
I believe that we will have new ath but just because of the craziness going on in the stock market.
If there will be a sudden increase regarding the rate of the price's movement, things could be easily concluded. But the thing here is that, anytime the market could again collapse. I think the new ATH will not be reached this year, and the highest market value, if ever the increase would be continuous, will play around $16,000-18,000. If we would observe the behavior, consistency is lacking, which is in the first place, a normal thing especially if it is a crypto's market value that we are talking about.
I hope nothing worse would happen for the rest of the year because it may trigger a crash especially if it is the economies of different countries which are concerned. My expectations are not that high, maybe because we had our hopes up before whenever an increase is being observed. Just a matter of being realistic.
I hope nothing worse would happen for the rest of the year because it may trigger a crash especially if it is the economies of different countries which are concerned. My expectations are not that high, maybe because we had our hopes up before whenever an increase is being observed. Just a matter of being realistic.
Are you saying you don't believe bitcoin will ever reach beyond 20k again? Or just this year?
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