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.
Topic: Thoughts on new ATH - page 2. (Read 606 times)
I think we are still far from seeing a new ATH so there is no need to be excited but I think we all wants to see it happen as soon as possible.
Basically we're not far as you thought about us seeing another all time high. If the current movement of Bitcoin if pass the $11.8k then we're heading towards the $12+k zones which will mean another boost for another gradual all time high.
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I also wants to know how much bigger would be our next ATH would be compared to our current ATH and how long would it stay at that price.
My expectations are very high if you ask me, the current situation in the cryptocurrency market if correct has the possible of institutional investment trooping into the market which will give a Major boost. Am seeing a price of Bitcoin around $30k before the end of 2020.
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.
Will the economic fallout from covid create a perfect storm?
maybe whales are taking advantage of this situation
Will more adoption be significant
It is definitely possible that there has been more adoption in the last few months, but I don't think it is a very large number of adoptions.
Institutional interest
Look at this:
Bitcoin Whales Bought the Dip, Data Shows as $1.2B Leaves Exchanges
What are peoples thoughts and expectations
it looks like this time we’ll see $ 15,000 again
I'm 32 I bought bitcoin because I hope in 10 to 15 years I can retire in my 40s.
The I'm looking at it is that right now the market cap of bitcoin is a fraction of that of gold. Right now the most likely investors, hedge fund managers, institutional decision makers and people with money to invest are usually in their 40s to 50s
Fast forward 10 years time wealth will have shifted to the mellenials and a large number of investors and decision makers will be of the mellenial generation. This gen are more likley to invest in digital assets than people from older generations. Hence I can see the market cap of crypto eventually closing the gap on gold.
Perhaps one day owning 1 full bitcoin will be out of reach for the average person that is unless you got it early.
That's my hope
The I'm looking at it is that right now the market cap of bitcoin is a fraction of that of gold. Right now the most likely investors, hedge fund managers, institutional decision makers and people with money to invest are usually in their 40s to 50s
Fast forward 10 years time wealth will have shifted to the mellenials and a large number of investors and decision makers will be of the mellenial generation. This gen are more likley to invest in digital assets than people from older generations. Hence I can see the market cap of crypto eventually closing the gap on gold.
Perhaps one day owning 1 full bitcoin will be out of reach for the average person that is unless you got it early.
That's my hope
So you bought 1 Bitcoin and hope that you'll be able to retire on it?
I hope you'll succeed but I wouldn't bet on it. I hope you'll have some other retirement funds to lean on because it will be difficult for Bitcoin to reach the levels some bulls are predicting like 200 thousand dollars or 1 million. 50 thousand is probable but is it enough for retirement?
Not entirely, I have fiat savings and other crypto too not just relying on bitcoin. But just think if bitcoin gained mass adoption and become a mainstream way of saving in the next 10 to 15 years.
Compare it to the Internet in 1995 probably less than 10% of people in 1st world countries had it or had even heard of it by 2005 the inverse was true.
Imagine a similar scenario for crypto I mean just look at milenials and younger generations they'd rather invest crypto than shares and commodities. Eventually shares stocks and bonds may lose dominance and have to share the space with crypto.
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My thoughts has to be guided by timeframe so what's the expected timeframe we're looking at here. Since there non suggested by the OP I'll use the most common timeframe trending now which is by the end of the year. I think it won't be fair for we to be expecting bitcoin to surpass it's previous all time high of $20k especially after bitcoin has to spend the most part of the year recovering from the pandemic outbreak effect on the economy globally that let to bitcoin decline of -50% or so.
After the hit the market has been recovering steadily and it's doing great number. Rised +50% since the previous market corrections. Currently trading at $11800+ is a positive signs the trading mark of $15k would soon be surpass which meant drive the price higher to $20k and beyond but like I previously said am not 100% certain that it can be possible within this year but very possible in 2021.
After the hit the market has been recovering steadily and it's doing great number. Rised +50% since the previous market corrections. Currently trading at $11800+ is a positive signs the trading mark of $15k would soon be surpass which meant drive the price higher to $20k and beyond but like I previously said am not 100% certain that it can be possible within this year but very possible in 2021.
Anyone can do prediction according to some theories.
Exactly! Everyone have their own respective predictions.
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The thing is crisis effect on Bitcoin price is already done and there is currently not any negative fundamentals important news to effect the price also Bitcoin already passed many important resistance areas.
It's indicating that there's good potentials that bitcoin will continue to move up and reach higher value, if all the support
barrier will stay strong and new money will be inside. expect a good high to come.
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So, there nothing to stop the price right now. That's why in my own idea bitcoin can see 30K on this ATH easily.
Slowly but it's moving upwards and still gaining more investment that let it to stay in a positive position.
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However, it depends on Bitcoin whales, if they start dump, in order to buy for lower prices 20K can be final destination for ATH.
Another thing, whales who have a lots of bag holds can shake it up and sadly
there are still weak holders who keeps on
following this move.
I just pulled my bitcoins earlier at $11,800 coz I feel that there will be a dump in the next 2 to 3 days, and I'll just buy again when it reaches the price support ( I hope I'm able to buy that time) I can do it easily with my local wallet, I can just convert it to bitcoins whenever I want. This is just my prediction, if this will not happen then I'm gonna punch myself straight. I see it going down to $9.5K and pump again to $13,000. Then from $13k it will dump to $10,800 and will rise to $15K. I'm gonna scream if this happens. However I'm not feeling a new ATH this year, a negative call for me though I quite hope for it.
Anyone can do prediction according to some theories. The thing is crisis effect on Bitcoin price is already done and there is currently not any negative fundamentals important news to effect the price also Bitcoin already passed many important resistance areas. so, there nothing to stop the price right now. That's why in my own idea bitcoin can see 30K on this ATH easily. However, it depends on Bitcoin whales, if they start dump, in order to buy for lower prices 20K can be final destination for ATH.
What are peoples thoughts and expectations on the next ATH. Obviously impossible to predict I'm just curious to hear what others expect. Some have made the point that the trough to peak has reduced 20%-30% although there could be other factors this time round that push the price higher
Will the economic fallout from covid create a perfect storm?
Will more adoption be significant
Institutional interest
What are peoples thoughts and expectations
I am really tired of people always trying to associate everything that happens with Bitcoin price being bullish. Before the Coronavirus pandemic started, everyone was talking about the next Halving, now it seems they have all forgotten about the Halving and are now talking about how Coronavirus will make people adopt cryptocurrencies (Bitcoin especially) and lead to a bull run. Let’s be sincere here, if there is anything that is going to make people adopt Bitcoin, it’s not going to be Coronavirus, like being serious this situation will even cause people to be selling whatsoever assets they have in their possession.Will the economic fallout from covid create a perfect storm?
Will more adoption be significant
Institutional interest
What are peoples thoughts and expectations
Basically bitcoin do have 4 year cycle which usually starts after every halving, people do remember this secret do start investing right now to catch cheaper prices before everyone else. This usually trigger FOMO which must be the primary factor for all bitcoin rally and mostly it will end up in bubbling of prices.
Just the same with other people but still I don't want to fail my expectation on the market price of the coin right now some of the people expecting over 20k dollars but for me, I think it will go on for over 15k dollar is just a huge market income because I already make an entry when the market price of the coin falls down into 3k.
Back to the question still I think if this 12k previous market price will break the resistance it will going up towards the 15k and 20k market mark and by this year we will except again a good outcome. Still hoping.
Back to the question still I think if this 12k previous market price will break the resistance it will going up towards the 15k and 20k market mark and by this year we will except again a good outcome. Still hoping.
I started the very same topic recently. You might find some more predictions here https://bitcointalksearch.org/topic/m.54909135
Bitcoin is gradually being legalized all over the world. The influence of miners on the price decreases with each halving.
More than 20 million bitcoins will be mined in 2028. What interests me most is what price will be in 2028?
Over the next 4 years, crypto technologies will develop rapidly, we will get decentralized blockchains with speeds of 1000-10000 TPS. Cryptocurrency payment systems will start competing with banks.
More than 20 million bitcoins will be mined in 2028. What interests me most is what price will be in 2028?
Over the next 4 years, crypto technologies will develop rapidly, we will get decentralized blockchains with speeds of 1000-10000 TPS. Cryptocurrency payment systems will start competing with banks.
Till the year 2017 the price increase didn't happen big. There was gradual increase in the price of bitcoin. All of the sudden the growth happened in large scale in the denomination of $1000. By the time the prediction for the bitcoin price was around $6000 - $8000, but the growth made it reach $20000. From there the expectation among people kept growing and then we haven't experienced a new ATH. Possibly we can experience this in few years of time.
It's harder to rise from zero to $1000, than from $8k to $20k! I don't wish to bother you with percents, but what bitcoin did before 2017
was much bigger and more important.
My thought about new ATH is that we can expect that to happen! When exactly I don't know, I am ready for waiting, if it happens this
year it will be great, but even if we need to wait next year, or the one after it's not matter for me, I am equipped with patience and
ready for waiting.
Naturally, if you expect a new all time high, because I also think so. With the current performance of Bitcoin which is getting better.
Of course many people hope that there will be a new all time high in the near future, if you look at the price of Bitcoin which has started
stable above $ 11,000. At least Bitcoin this year will be able to return to the price of $ 20k, and many institutional firms are investing
in Bitcoin. The price of $ 50,000 can be reached in 2021 as a new all time high.
Of course many people hope that there will be a new all time high in the near future, if you look at the price of Bitcoin which has started
stable above $ 11,000. At least Bitcoin this year will be able to return to the price of $ 20k, and many institutional firms are investing
in Bitcoin. The price of $ 50,000 can be reached in 2021 as a new all time high.
My thoughts and expectation for the next Bitcoin ATH is that the price would be around $21-25K I don't have any date for it because I want it to build a good support to sustain it on that price.
I don't want to just hit another ATH and collapse again just like what happen to the current ATH.
I don't want to just hit another ATH and collapse again just like what happen to the current ATH.
That's too conservative estimates, remember that we hit almost $20k, so your prediction might be hit this year or early next year. I understand your concern, we have this happened back in 2017, but there's also what we call cycles here, boom and bust, bubble and burst. And there's no such thing as sustainable price or the price going on a parabolic rise.
Better be ready though, I'm seeing around $50k-$70k or even higher if we went on another bubble in the next couple of years.
In the current moments to wait for a new ATH is possible, but it would be very helpful to overcome some fundamentals such as healing the Covid-19 and thus generate confidence in investors.
It is a fact that more new people have entered the Bitcoin market, adoption is a fact, in addition to the price that has remained at a good level, to think of a new ATH, at least 70% of Bitcoins must be accumulated per part of the whales, and in that way go up the price little by little, if the last ATH was in the order of $ 20k we could talk about a much juicier new ATH.
According to some important investors and personalities such as Robert Kiyosaki, it is a great time for investing in Bitcoin, because in the future it can also be considered a haven of money against possible falls in the world economy.
It is a fact that more new people have entered the Bitcoin market, adoption is a fact, in addition to the price that has remained at a good level, to think of a new ATH, at least 70% of Bitcoins must be accumulated per part of the whales, and in that way go up the price little by little, if the last ATH was in the order of $ 20k we could talk about a much juicier new ATH.
According to some important investors and personalities such as Robert Kiyosaki, it is a great time for investing in Bitcoin, because in the future it can also be considered a haven of money against possible falls in the world economy.
I think we are still far from seeing a new ATH so there is no need to be excited but I think we all wants to see it happen as soon as possible.
I also wants to know how much bigger would be our next ATH would be compared to our current ATH and how long would it stay at that price.
I also wants to know how much bigger would be our next ATH would be compared to our current ATH and how long would it stay at that price.
I'm 32 I bought bitcoin because I hope in 10 to 15 years I can retire in my 40s.
The I'm looking at it is that right now the market cap of bitcoin is a fraction of that of gold. Right now the most likely investors, hedge fund managers, institutional decision makers and people with money to invest are usually in their 40s to 50s
Fast forward 10 years time wealth will have shifted to the mellenials and a large number of investors and decision makers will be of the mellenial generation. This gen are more likley to invest in digital assets than people from older generations. Hence I can see the market cap of crypto eventually closing the gap on gold.
Perhaps one day owning 1 full bitcoin will be out of reach for the average person that is unless you got it early.
That's my hope
The I'm looking at it is that right now the market cap of bitcoin is a fraction of that of gold. Right now the most likely investors, hedge fund managers, institutional decision makers and people with money to invest are usually in their 40s to 50s
Fast forward 10 years time wealth will have shifted to the mellenials and a large number of investors and decision makers will be of the mellenial generation. This gen are more likley to invest in digital assets than people from older generations. Hence I can see the market cap of crypto eventually closing the gap on gold.
Perhaps one day owning 1 full bitcoin will be out of reach for the average person that is unless you got it early.
That's my hope
So you bought 1 Bitcoin and hope that you'll be able to retire on it?
I hope you'll succeed but I wouldn't bet on it. I hope you'll have some other retirement funds to lean on because it will be difficult for Bitcoin to reach the levels some bulls are predicting like 200 thousand dollars or 1 million. 50 thousand is probable but is it enough for retirement?
I never had any expectation for short term valuation but in the long term there is no doubt that the price would soar to new heights, right now if you look at the market the support is really strong and whenever there is a major sell off there are strong handing buying those coins which is a really great sign that the price would move higher but to reach its all time high valuation or even reach those levels there is plenty of time but if there is a sudden pump in price i do not mind booking my profits 
.
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