“When” Will Bitcoin Price Break $69k All Time High?

minairia3

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Quote from: bittraffic on July 18, 2022, 11:53:23 PM

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If this isn't a bull trap and will go straight to $69K, It would be one of the most unbelievable bull market. The one thing is for sure, regulation is coming and countries are already implementing their own crypto regulations which $69K might not be too far.

You believe bitcoin will still reach $13k, but you're uncertain about whether it will bounce back to $69k and hit a new ATH this year. If that happens many people will miss the opportunity to buy bitcoin at $20k and if a new ATH comes out this year I am sure that this will be the last time we see bitcoin at $20k. Nothing is certain so why not buy when it is 20k$ even now the price is not too high to buy.

Sebas.tian

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This is not an easy thing to predict how the market will change and how the prices gonna vary with time. As per today's market condition the market is completely bearish and there is certain price point within which the price changes were happening with time. Right now the price is around $20500, and the same to reach $70k takes time. Most of the experts have predicted for a slow and steady growth of bitcoin against the faster one. So, it is expected to take place by 2023-2024.

I agree with you, Bitcoin investors will start expecting $70,000 from 2024 because the price is still moving between $19,000 or $20,000 for investors to use this opportunity to prepare ahead of 2024 for the price to increase to $60,000 or $70,000 before they can supply to market to make a good profits from the market. Bitcoin price will increase higher before the end of this year 2022 but it will not reach $60,000 in this year because many experts has carried out their personal research, that the price will reach $60,000 or $70,000 next two years.

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Quote from: inthelongrun on July 19, 2022, 02:17:09 AM

The biggest possibility IMO would be 2024 and then another all-time high happens in the following year. I'm still rooting for the 4-year cycle as seen in the previous years. But I am hoping it will happen early. A lot mentioned $100k as its next highest destination. Apple, Saudi Aramco, and Microsoft are valued at $2 billion each. So I think $100k per bitcoin is very possible in the next few years. $420k per bitcoin is too high but still possible.

Lets be enough in 4 year cycle in which will take effect atleast 2024-2025 but of course this will make the lowest of 100k and may increase more up to 300k respectively ,
and if this happens then we will be in the highest market cap and even altcoins will make it there on the top.
ethereum will finally break 10k?
and so as Binance may take the position of the second highest ranking coins in crypto.

inthelongrun

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The biggest possibility IMO would be 2024 and then another all-time high happens in the following year. I'm still rooting for the 4-year cycle as seen in the previous years. But I am hoping it will happen early. A lot mentioned $100k as its next highest destination. Apple, Saudi Aramco, and Microsoft are valued at $2 billion each. So I think $100k per bitcoin is very possible in the next few years. $420k per bitcoin is too high but still possible.

Silberman

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Quote from: jakelyson on July 17, 2022, 07:47:33 PM

Quote from: AnonBitCoiner on July 17, 2022, 07:35:04 PM

Predicted bottom is 13-14k. Might be a flash crash leading up to that point but until then, don't expect any miracles. Definitely not until 2024. After 2024 we may expect big bounce and Bitcoin can hit ATh once again. It's better now to Buy usdt stake and wait until summer of 2023 to buy any coins. Bitcoin will blow up when it halves again in 2024. (Or couple months prior) This is just a bad time to be buying crypto imo.

History will tell you that bitcoin almost always reach new all time high a year after its halving. 2024 is when the next halving will happen, so I do not expect that it will reach new ATH before that. Expect to start moving up 2025 or later. But you are right, you can wait until summer of 2023 before buying any coins. That or when your projected price bottom hits.

If we look at the past movements of bitcoin we see that this is in fact the case, it is going to take until 2024 before we see a new halving, and then it is going to take a few months for the market to begin to gain strength, so most likely we are going to see a new all time high at the end of that year or at the beginning of the next year, this means that we have a lot of time so we can buy bitcoin at the best possible price for us, however I have my doubt that many people are going to take advantage of the opportunity they have right in front of them because the panic that caused the current bear market has not ended yet.

Davian144

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Quote from: AnonBitCoiner on July 17, 2022, 07:35:04 PM

Predicted bottom is 13-14k. Might be a flash crash leading up to that point but until then, don't expect any miracles. Definitely not until 2024. After 2024 we may expect big bounce and Bitcoin can hit ATh once again. It's better now to Buy usdt stake and wait until summer of 2023 to buy any coins. Bitcoin will blow up when it halves again in 2024. (Or couple months prior) This is just a bad time to be buying crypto imo.

As long as the price is still in the discount or cheap category for any cryptocurrency, I think it's still good to buy it now without having to wait for summer 2023 to come.
Although the moment when Bitcoin split in two in 2024 is a very good thing for many people to wait for, but I just think that buying at a low price at this point is not a bad solution either.

bittraffic

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Quote from: minairia3 on July 18, 2022, 11:25:42 PM

Quote from: jakelyson on July 17, 2022, 07:47:33 PM

Quote from: AnonBitCoiner on July 17, 2022, 07:35:04 PM

Predicted bottom is 13-14k. Might be a flash crash leading up to that point but until then, don't expect any miracles. Definitely not until 2024. After 2024 we may expect big bounce and Bitcoin can hit ATh once again. It's better now to Buy usdt stake and wait until summer of 2023 to buy any coins. Bitcoin will blow up when it halves again in 2024. (Or couple months prior) This is just a bad time to be buying crypto imo.

History will tell you that bitcoin almost always reach new all time high a year after its halving. 2024 is when the next halving will happen, so I do not expect that it will reach new ATH before that. Expect to start moving up 2025 or later. But you are right, you can wait until summer of 2023 before buying any coins. That or when your projected price bottom hits.

It's true we won't have any ATH before the halving, but why wait until the summer of 2023 to buy ATH when we can do it now? In my view, I still believe that it is a great time to buy and since we have a DCA strategy, there is no reason to wait as we will never know where the bottom of Bitcoin will be. We'll split buy orders if bitcoin falls more, then we'll buy more than hold usdt and do nothing.

They have to wait because its not sure whether $13k will happen. This recovery we are seeing yesterday an today could just be something of a bull trap. Like the rest of the speculators, I'm also waiting for something that will happen actually. Something that will affect everyone including Putin himself.

If this isn't a bull trap and will go straight to $69K, It would be one of the most unbelievable bull market. The one thing is for sure, regulation is coming and countries are already implementing their own crypto regulations which $69K might not be too far.

minairia3

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Quote from: jakelyson on July 17, 2022, 07:47:33 PM

Quote from: AnonBitCoiner on July 17, 2022, 07:35:04 PM

Predicted bottom is 13-14k. Might be a flash crash leading up to that point but until then, don't expect any miracles. Definitely not until 2024. After 2024 we may expect big bounce and Bitcoin can hit ATh once again. It's better now to Buy usdt stake and wait until summer of 2023 to buy any coins. Bitcoin will blow up when it halves again in 2024. (Or couple months prior) This is just a bad time to be buying crypto imo.

History will tell you that bitcoin almost always reach new all time high a year after its halving. 2024 is when the next halving will happen, so I do not expect that it will reach new ATH before that. Expect to start moving up 2025 or later. But you are right, you can wait until summer of 2023 before buying any coins. That or when your projected price bottom hits.

It's true we won't have any ATH before the halving, but why wait until the summer of 2023 to buy ATH when we can do it now? In my view, I still believe that it is a great time to buy and since we have a DCA strategy, there is no reason to wait as we will never know where the bottom of Bitcoin will be. We'll split buy orders if bitcoin falls more, then we'll buy more than hold usdt and do nothing.

jubalix

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Quote from: hatshepsut93 on June 24, 2022, 06:02:20 PM

Bitcoin traditionally has bull markets after a halvening. The next halvening is in 2024. So a bull market might start in late 2024 or early 2025.

I think it's naive to expect that this bear market will be short. Especially since stock market is performing so poorly and global economy is not doing great - we already know that Bitcoin is not a safe haven but a risk asset.

Of course a miracle can happen and Bitcoin could do the unpredictable and suddenly moon out of nowhere. But it would be foolish to bet on that.

I would have though with a bad stock market people will go to BTC esp speculators, voltilitay is king tbh.

jakelyson

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Quote from: AnonBitCoiner on July 17, 2022, 07:35:04 PM

Predicted bottom is 13-14k. Might be a flash crash leading up to that point but until then, don't expect any miracles. Definitely not until 2024. After 2024 we may expect big bounce and Bitcoin can hit ATh once again. It's better now to Buy usdt stake and wait until summer of 2023 to buy any coins. Bitcoin will blow up when it halves again in 2024. (Or couple months prior) This is just a bad time to be buying crypto imo.

History will tell you that bitcoin almost always reach new all time high a year after its halving. 2024 is when the next halving will happen, so I do not expect that it will reach new ATH before that. Expect to start moving up 2025 or later. But you are right, you can wait until summer of 2023 before buying any coins. That or when your projected price bottom hits.

AnonBitCoiner

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Predicted bottom is 13-14k. Might be a flash crash leading up to that point but until then, don't expect any miracles. Definitely not until 2024. After 2024 we may expect big bounce and Bitcoin can hit ATh once again. It's better now to Buy usdt stake and wait until summer of 2023 to buy any coins. Bitcoin will blow up when it halves again in 2024. (Or couple months prior) This is just a bad time to be buying crypto imo.

EdenHazard

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Quote from: mich on July 17, 2022, 01:08:04 AM

I am looking forward to Bitcoin breaking its all time high of 69k. It’s difficult to say when BTC and the market will recover. The world economy is in such bad shape at the moment and it’s difficult to say how long this will last.

It looks like we’re heading into a world recession and the war in Ukraine shows no signs of easing up. I think we have to patient because it's difficult to predict how things will play out. However, at the absolute latest in a few years time I think BTC will be soaring and I am looking forward to that.

Yeah we are all in a pessimistic market where people tend to cash the money out instead investing in, as we get the candle pretty clear it's an uncertain one and there is no pattern formed.

Speculating to hundreds dollar are not a crime though, we have been through it all on a post-halving , the result is the price get more than quadrupled!

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I am looking forward to Bitcoin breaking its all time high of 69k. It’s difficult to say when BTC and the market will recover. The world economy is in such bad shape at the moment and it’s difficult to say how long this will last.

It looks like we’re heading into a world recession and the war in Ukraine shows no signs of easing up. I think we have to patient because it's difficult to predict how things will play out. However, at the absolute latest in a few years time I think BTC will be soaring and I am looking forward to that.

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Quote from: Sebas.tian on July 14, 2022, 09:12:08 AM

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This is not an easy thing to predict how the market will change and how the prices gonna vary with time. As per today's market condition the market is completely bearish and there is certain price point within which the price changes were happening with time. Right now the price is around $20500, and the same to reach $70k takes time. Most of the experts have predicted for a slow and steady growth of bitcoin against the faster one. So, it is expected to take place by 2023-2024.

I agree with you, that the price will definitely hit $70,000 in 2023 for long term traders to embrace massive income from their investment. Since we are in the month of July and we are still in the bearish season, that showed that the price will not increase to $60,000 before the end of this year 2022 because many experts has predicted that the massive pump will come up early next year 2023 which many people are seriously working to ensure they hold a huge amount of bitcoins before the end of this year, so that they will be part of those that will smile early next year 2023 when the price hit $70,000 or $100,000.

Because it must be planned as a long-term trade, of course we will know even more promising results by waiting for more than one more year.
We will be very difficult to see the price to $60,000 for the current year, we also see some predictions of experts with many saying buy bitcoin as much as possible now because the bullish trend will come 2023 that is still their prediction, but at least we know that year we will see a nice bit of an increase to become a bullish trend again, but for now have to look at the tough situation and this has an effect on bitcoin trading.

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Quote from: $crypto$ on July 12, 2022, 09:04:30 AM

Quote from: btc_angela on July 12, 2022, 05:49:40 AM

We are in a bear market, that is a fact, and the numbers today are not lying. From all time high of $69k and then around $20k'ish, doesn't look good and obviously, the market has been shaken already, weak hands have sold, while the whales keeps accumulating.

That will be the state of the market and there is no coming back to a all time high unfortunately. We have to suffer the bearish trend, but we should remain in the market because this will go overtime. Let's look forward to 2024-25, this is the time that we might see a new all time high. Yes, I know still very far, so patience is the key here.

This is unavoidable because the bear market continues to haunt in recent months many weak hands are not strong so they think to get off their investment path.
The bearish trend will still continue I can't guess how long this will end but that's what we enjoy now, whether we will survive with bitcoin or with stable coins it is indeed a difficult choice situation for those who are weak.
I'm sure we will see ATH again after the halving in the next few years, maybe it will be more than the ATH before it if you ask when of course you have to wait longer.

Weak hands are not the type of people who would make any kind of profit during the bear months, they will make a good amount of profit during bull though, because people who are newbies and do the things they shouldn't do, take higher risks, and some of them do lose a lot of money to scams, but some of them get super lucky.

Someone who knows how to invest, will do the right and thinkable thing and will not take that silly risk, and will earn a good chunk of money, but not like the newbie who made a mistake. I know people who bought the wrong token and made profit more than I did, that’s how newbies could get lucky, of course many lose money while doing that as well.

Sebas.tian

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This is not an easy thing to predict how the market will change and how the prices gonna vary with time. As per today's market condition the market is completely bearish and there is certain price point within which the price changes were happening with time. Right now the price is around $20500, and the same to reach $70k takes time. Most of the experts have predicted for a slow and steady growth of bitcoin against the faster one. So, it is expected to take place by 2023-2024.

I agree with you, that the price will definitely hit $70,000 in 2023 for long term traders to embrace massive income from their investment. Since we are in the month of July and we are still in the bearish season, that showed that the price will not increase to $60,000 before the end of this year 2022 because many experts has predicted that the massive pump will come up early next year 2023 which many people are seriously working to ensure they hold a huge amount of bitcoins before the end of this year, so that they will be part of those that will smile early next year 2023 when the price hit $70,000 or $100,000.

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Quote from: btc_angela on July 12, 2022, 05:49:40 AM

We are in a bear market, that is a fact, and the numbers today are not lying. From all time high of $69k and then around $20k'ish, doesn't look good and obviously, the market has been shaken already, weak hands have sold, while the whales keeps accumulating.

That will be the state of the market and there is no coming back to a all time high unfortunately. We have to suffer the bearish trend, but we should remain in the market because this will go overtime. Let's look forward to 2024-25, this is the time that we might see a new all time high. Yes, I know still very far, so patience is the key here.

I want to remind you of last year 2021 people were emphasising and predicting but you of 2022 we are going to experience a bullish market in cryptocurrency but yet we are into 2022 we experienced the highest downfall of cryptocurrency which nobody can explain or no when the market structure will be normalised. Now all attention has been focus on the year of 2024 and 2025 having a mind about the cryptocurrency may appreciate but nobody can say if you really new setup will come on in information will come that way stabilize the price of Bitcoin again I think for bull market to occur it is something of determination of supply and demand in cryptocurrency not base on the year Factor, but base on the demand.

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Quote from: fullhdpixel on July 12, 2022, 02:19:07 PM

Quote from: EdenHazard on July 11, 2022, 06:54:46 PM

Actually nobody can predict the right one on how crypto market will move in the future , it's a free market that each individual decide the market movement which yeah it's impossible to know each of those individuals around the globe, crazy interesting market isn't it?

The 69k all time high wont be easy to beat and won't take a short time , 4 years from now are reasonable anough , a year after next halving to be exact.

If there is one here that can possibly predict the movement of the price, they are the whales because they are the ones that can buy or sell at a big percentage. I guess there is no such thing as a free market but on every market (stock, cryptos, and others..) there will always be a whale that is starring.

Every ath is hard to break because if we check on the past, after the coins got their ath, their price then dumped and then it take almost a year or two before they finally recovered their old ath and then maybe it takes a few weeks before the price started going for more. That's the time a new ath is recorded. If you are an impatient person then crypto investing is not for you.

Even whales couldnt predict on where this market would be going but if we do speak if all whales would make out the same decision on this market then they would able to create that significant movement

but we know that this community isnt really just been ran off by a several person/institution or something like this but rather it is really on the whole community which means that it couldnt
really be that precise that we would say that whales does have the full control of movements on this entire market.

No one would able to know on what or on when this market will really be breaking those all time highs but much sure we do really need both fundamentals and technicals to be on the positive
side before for this thing to happen.

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Quote from: EdenHazard on July 11, 2022, 06:54:46 PM

Actually nobody can predict the right one on how crypto market will move in the future , it's a free market that each individual decide the market movement which yeah it's impossible to know each of those individuals around the globe, crazy interesting market isn't it?

The 69k all time high wont be easy to beat and won't take a short time , 4 years from now are reasonable anough , a year after next halving to be exact.

If there is one here that can possibly predict the movement of the price, they are the whales because they are the ones that can buy or sell at a big percentage. I guess there is no such thing as a free market but on every market (stock, cryptos, and others..) there will always be a whale that is starring.

Every ath is hard to break because if we check on the past, after the coins got their ath, their price then dumped and then it take almost a year or two before they finally recovered their old ath and then maybe it takes a few weeks before the price started going for more. That's the time a new ath is recorded. If you are an impatient person then crypto investing is not for you.

$crypto$

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Quote from: btc_angela on July 12, 2022, 05:49:40 AM

We are in a bear market, that is a fact, and the numbers today are not lying. From all time high of $69k and then around $20k'ish, doesn't look good and obviously, the market has been shaken already, weak hands have sold, while the whales keeps accumulating.

That will be the state of the market and there is no coming back to a all time high unfortunately. We have to suffer the bearish trend, but we should remain in the market because this will go overtime. Let's look forward to 2024-25, this is the time that we might see a new all time high. Yes, I know still very far, so patience is the key here.

This is unavoidable because the bear market continues to haunt in recent months many weak hands are not strong so they think to get off their investment path.
The bearish trend will still continue I can't guess how long this will end but that's what we enjoy now, whether we will survive with bitcoin or with stable coins it is indeed a difficult choice situation for those who are weak.
I'm sure we will see ATH again after the halving in the next few years, maybe it will be more than the ATH before it if you ask when of course you have to wait longer.

Topic: “When” Will Bitcoin Price Break $69k All Time High? (Read 759 times)