What could be All time high for Bitcoin for all time? - page 3.

BIT-BENDER

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Quote from: pooya87 on September 04, 2023, 12:10:21 PM

In any case, for the time being we are going to have both price rise (fiats dumping) and value rise (increasing adoption) so expecting more rises in the long run is only logical.

And the upcoming Bitcoin halving would play an important role in Bitcoin achieving it's next all time high, although this is just still our own prediction and knowledgeable calculation, the market is volatile and the bull run prediction can come sooner or it can come later.

But right now I am seeing the long term potentials of Bitcoin which I believe is certain but this is just my opinion

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Quote from: Ruhila7 on September 04, 2023, 11:46:51 AM

I was wondering that people are saying, Bitcoin will always make higher highs but I was thinking that maybe it should go it's all time high and never go back it's all time high because there is a treen fo everything but still Bitcoin trend hasn't been started though.

That can be taken into the count as you know in which unit we measure the BTC ATH its USD or any other Local currency which always inflates no matter how much but it does and there are many reasons behind this, 1 BTC = 1 BTC but 1 BTC in the other currency keeps moving ATH to ATH on the specific time span. To judge the Bitcoin time ATH we need to somehow change the nature of HIGER HIGHS, because if a valuation keeps shooting and never lags how can we judge the ATH? So we can BTC = ?USD in long run.

But on the particular timeline, we can predict the ATH as most people think for the $1M valuation in the near future and some people support the flag of $120k as per this bull run ATH. By considering the nature of the Bitcoin and Demand and Supply mechanism in the market we can say whatever the valuation is gonna be we just need to accumulate because for sure the future id with BTC. So before its too take the entry now as its September never underetimate accumulation in this month.

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With every halving we used to experience new ath, so this is going to be on the ascending order. With time the demand keeps increasing to which the supply keeps dropping. The ath value of bitcoin can't be predicted, countries that were against bitcoin have begun to regulate the usage as big number of people have started to invest into bitcoin considering the economic crisis all around the world.

Limited supply is a major reason why we can expect big ath in the long run. At some point we can expect bitcoin serving as the alternate to the traditional fiat used around the world. In such situation the usage will be at its peak leading to massive rise in the price of bitcoin, but when it happens is completely unknown.

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Quote from: Ruhila7 on September 04, 2023, 11:46:51 AM

I was wondering that people are saying, Bitcoin will always make higher highs but I was thinking that maybe it should go it's all time high and never go back it's all time high because there is a treen fo everything but still Bitcoin trend hasn't been started though.

Maybe you should also consider it's volatility and see it this way that if it maintain a single pattern of going high each time, there may not be enough opportunities for others to buy and also trading could not be profitable, instead of this assumption, maybe we should always expect bitcoin rise and fall and then it wouldn't appear a single way pattern and people begin to think if being inflated, and this is just it's demands and supply ratio.

pooya87

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Quote from: Ruhila7 on September 04, 2023, 11:46:51 AM

Bitcoin will always make higher highs

This is a correct statement by default because bitcoin price is measured in fiat and fiat values are always dumping due to being unlimited. So bitcoin price should keep going up against them even if it stops rising in value.
This means there is no all time high, we keep setting a new record every couple of years.

In any case, for the time being we are going to have both price rise (fiats dumping) and value rise (increasing adoption) so expecting more rises in the long run is only logical.

Ruhila7

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I was wondering that people are saying, Bitcoin will always make higher highs but I was thinking that maybe it should go it's all time high and never go back it's all time high because there is a treen fo everything but still Bitcoin trend hasn't been started though.

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