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

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.

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.

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.

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.

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.

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.

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.

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.

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

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.

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.

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!

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.

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.

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.

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.

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.

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.

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.

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.

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.

That will probably happen when we have zero number of people saying it's going to up to this or that price tommorow as if they know the future. The Glory will go to the ONE who knows what the price will be in the future. HIS Will be precised & HE will never share HIS Glory with anyone

Well, I guess you didn't remember that there's always a 23 before 24. We should've a 2023 first before counting on 2024, right? From observation, I've come to realize that the momentum for each Bitcoin halving year usually begins at the end of the year preceding the halving year and well into a year after it. In that sense then, 2023 is also important. However, let's not even distract from our November discussion. Some watchers even call that month "Movember" because they believe it's a movement month for crypto. I will leave you to check that out.

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.

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 suppose it is not November of this year, probably November of 2024 or the year after.  We are currently in a bear market atm, and the transition from a bear market to bull market takes time and possibly months of sideways.  So I think we have to wait for another year or two.

I like it that the question is "when" rather than "will", with the latter being a show of fear, worry and skepticism. "When" shows that OP knows and believes that it's just a matter of time before Bitcoin records another ATH. With that, it's obvious OP knows price will soar again. Having witnessed two Bitcoin halving, I believe the current price level of Bitcoin is a discount compared to what will happen in a few months from now. However, I'm not sure anyone can of certainty get it right when it comes to predicting the exact time of a fresh high. November is often a good month for Bitcoin, that's just an aside from me as there's nothing technical supporting that anyway. It's just my guts feeling, having observed November for some period of time now.

For people to invest now they should have the hope that the price would rally again and break another all time high when the market recovers, if not for that hope no one will be investing at this price  . I am not expecting any major changes in the next two years and the only expectation is the next halving for the market to have any momentum and hopefully the market will rally.

No one can provide you with an answer,  they will answer you once that happens, bitcoin price prediction is impossible. However, people can tell you that there will be a new ATH created in the future and $69k will be broken in the future.  The only thing we can do is wait patiently for it to arrive, but in the meantime, we should do our best to collect as many bitcoins as possible .
 

^ Not just because motivating holders, not just because unpredictable but just because it is anticipated moments that usually come and it is proven and tested for how many times. When the next halving comes, a year after it is expected that the BTC price will create another ATH to the next level. There will be always an ATH when halving is occur so people always expect this will repeat itself.
The reason why people are motivated to hold their BTC in a long term and wait for a better reward.

  it's not that bitcoin is prediction doesn't manifest neither come to existence. The problem is that sometimes prediction doesn't come to reality but at times it give rooms to understand what is obtainable at give point in time. That's another cogent reason while some people doesn't disregard any information of cryptocurrency and especially bitcoin, knowing that sometimes the prediction of bitcoin motivate people.

the prediction of cryptocurrency and especially bitcoin never be base on prediction and nobody can predict accurately of bitcoin and get it correctly. But kept emphasising and given analysis of cryptocurrency. The prediction that stipulate that cryptocurrency and Bitcoin in particular will rise with 2023 and 2024, some people has given analysis that Bitcoin price will increase after it has taken period of four years, but i think that all those statements are fallacy because bitcoin rise when the market is productive

Most probably after though, we haven't seen such event in its young history to have a new all time high prior to the halving. The new bull run will have to take another shape or form, it could be countries, not just El Salvador, companies, Michael Saylor and other billionaires. And of course, retail investors like you and me who are going to grow big again in the next 2-3 years that will push the price to a new all time high.

All predictions are focused on the bitcoin halving event as history has shown it always happens, but a prediction is just a prediction until it happens. History also may not repeat like how bitcoin fell below the most recent ATH, it has never happened before.
It is possible that a new ATH will come after the halving or even sooner because the market is no longer what it once was, the market moves in a better direction. When at this moment we have big investors like countries, companies and corporations.

Throughout bitcoin's young career, every time after the bitcoin, it's always a new all time high. So it's not just going after the last, but going to surpass it multiple times. But it might take a while though, halving is 2024, so we need to endure this long bearish market for like 2 or more years before we can finally see the light at the end of the tunnel.

But just like the rest of us who have been here in 2017, see the bull market and then followed by the bear market in 2018, this is nothing new to us. We just have to go to that cycle again and we will be good in the next bull run, at least 6 digits, anyone?

Thats what I think too. The next time we'll see the price to reach the previous ATH again or possibly surpass it might be after the next halving take place, so probably 2-3 years from now. Its a prediction of those who know the history of after effect of the halving. But there's also a possibility that we dont need to wait for the next halving to see another bullrun. Big companies are now buying and many adoption happened, hence it can happen sooner.

I think the same thing, there is no guarantee that history will repeat itself and go above the 69,000 USD price in the next cycle. What I do think is that that is quite likely to happen, much more likely to be in these remaining two years of this cycle, which I think are going to be quite bearish and sideways.

There are  prediction that Bitcoin's next ATH will occur after the bitcoin halving event takes place. History has shown that after every bitcoin halving event, bitcoin always hits a new ATH.

This is just a prediction and there is no guarantee that history will repeat itself, let's wait and see.
But it can be seen that from now to 2024 is a very good time for us to accumulate bitcoin at a cheap price, the more it decreases, the more we should buy more. Because if bitcoin really hits a new ATH in 2024 this $20k price will be the last we'll see.

well thats what being said a thousand of times in every thread about bitcoin that it is in 2025 that will take this effect as the Halving will be in place .

this is also what i believe in that because we are seeing bullrunning every 4-5 years and with that its been called to be  the effect of Halving season .

and there is different between a normal pump or the miners halving time.

I think we can see another $69k Bitcoin will be after the halving.  By that time the market sentiment would be bullish because of the after-halving effect,  Aside from that the cycle would have transitioned already and the market would have possibly recovered.  So Bitcoin at $69k probably be probably available on 2024-225.

speaking of binance, in the last few days I have seen that binance is investing a lot in advertising:





to see cristiano ronaldo and khaby00 advertising for binance is something unbelievable and very healthy for the crytomoedas market. congratulations to binance



he is being realistic, at least he is being responsible not to deceive people. It's July 2022 and if someone wants to make 2X or 3X or 4X profits then that person will need to have patience something like having to wait 2 or 3 years for the price to come back above $60,000


As I said and I've been repeating, people need to be patient, if they want high profits, I also need to be patient and do hodl for many years

Everything is possible, but enough time is needed for it. The way Bitcoin has dumped now requires the right structure to get up from this position. It seems to me that we will have to wait a few years for Bitcoin to see the new ath again. The way Bitcoin is following the traditional market, Bitcoin could be up if the world economy improves. And most importantly, to create the next cycle of Bitcoin after the next halving.

Certainly not for this year, at least. We're now at early July, the start of Q3/2022 and Bitcoin already showing some shabby movement, seems like going down again. This time, $17k won't be its lowest price. All just the start of Q3/2022. For it to back on the bull mode and make all its way to the last ATH and break it, doing all of that on this year alone? Impossible.

If I were asked when the price of bitcoin will hit $69k again, I would say just wait because I don't know when it will hit $69k either. But there is a possibility that after the middle of this year, the price will fluctuate more and be like a rollercoaster, so be prepared for increasingly tough market conditions. Maybe it's not until next year that the price can rise, break through every high, and finally reach $69k again. And ahead of the next halving, the price could probably be more than $100k because, at that time, bitcoin was getting more popular than it is now.

But I don't know. It's all just a prediction that I'm not sure about. So it's better now to prepare by buying as many bitcoins as possible, holding them and preparing ourselves for market movements.

It will certainly be years, not months, my prediction is that ATH will happen after the next halving of Bitcoin, meaning after 2024, because this is what usually happens after halving, the mining rewards fall and therefore the amount of Bitcoin entering the market decreases and demand increases, but no one can predict the future accurately because Things may happen that lead to major changes in the global economy such as the current recession and inflation that lead people to buy Bitcoin as a hedge and thus could lead to Bitcoin rising to new highs, and maybe the opposite also happens.

I think it would be 2025 after the next halving by 2024. Based on the previous market cycle, bitcoin breaks its ATH a year after its halving. 2020 was the last halving and it went to $69k in November last year, it reached $20k in 2017 which is also an ATH after the halving on 2016. So this is the perfect opportunity to buy and hold it until 2025, I'm pretty sure many millionaires will be born on that year if they start accumulating now.

That's not random numbers if you know the culture of it. Most of the internet personalities and even Elon Musk have always been saying 69 420 in his tweets etc. It's just that meme type of humor thing that everyone likes and just posts for laughs. It would be fun to make true though.

I think it's always going to be a minimum of 3 years or something. I thought of this because of how long should people would hold to profit.

It's probably just a random numbers, perhaps just wanted to predict higher than the last all time high.


And that's what makes crypto market very exciting, we don't know what the future holds. You just buy in the bear market and hold and hope that something big will happen in the next bull run. And it's going to be worth that wait when we see a price like in the 6 digits.

That 69 420 aim is just really something that makes me laugh. Maybe all the significant numbers around the cryptocurrency market would be hit. After 420, it would be 666??

Having said all that, no one can know the future and wouldn't know the other coins' perspective because it somehow impacts BTC price because they are the ones inviting the new people over as well.

It is still the start; we just have to wait for it. Even CZ cannot predict it.

Oh, this is easy. The price won't break $69k anytime in the next 5 years at least. By the time the price does reach $69k again, a base model Toyota corolla will probably cost more than that. In other words, there is no reliable long-term future where anyone builds wealth with bitcoin from here on. That's been proven by facts.

after a while, that us a big word because A while means nearer?

well coming from a CEO of biggest exchange now is not new because the very first one to benefit from this news are those exchange like them so expect this to come from here and there.

and breaking the ATH is hard to listen when it says near because we knew that the falling market will stay longer than we expected now.

Investment on bitcoin could neither be on long term or short term but this would really vary on someones target and there are people who do tend or mind off about diversification because we know that every investment

doesnt really give out guarantees for it to succeed in the future.We cant even know if Bitcoin would be still existing on next 10 years or already been replaced by some top altcoins in the market which we cant know.

Thats why when making out investment then always mind off about particular risk and not to go all in just because its been on the top.Future isnt assured thats why always having a back up plans
is suggested and diversify as much as you called just because in case things turns out to be sour or salty then you do still have that chance on recovery.

The hope is always there as the adoption is still growing.
Be very worried if people are not talking about bitcoin anymore.
But since the market is growing as well as the users, there is still hope that one day we will reach or break the ATH.
However, we don't know when will that happen. So while waiting, look for options on how to increase your portfolio.
But that is, if you truly believe that this market has good future. If not, it is your own decision how to attack this market.

"70k in may I guarantee it"


was my post and it was deleted


So I stand by that post and will repeat it.


"70k in may I guarantee it"


my pm said I was deleted. Don't know why.

As 70k in may is not off topic.

Nothing is difficult if the market skyrockets like what happened in 2021, the small thing that makes me believe that 2022 will pass ATH 2021 is the transaction volume that continues to increase and there is a large transaction volume when the price drops below $20k, this is proves that bitcoin is still a good and promising place for us to make an alternative investment.

This is exactly why I see $50K as more than realistic right now. Just like in 2019 when many would have thought $14K to be completely unrealistic, it happened, because that was the expected retracement within a bear market (61.8%) before another low. Currently, with a low of $17.5K, the expected (and equivalent) bear market retracement would be $49.5K. If price drops to $12K, the target within a bear would still be $47.5K.

Whether you see you a bull market or bear market this year or next to me is irrelevant to how far a dead cat bounce can take price before continuation of a bear market, whether that means a lower low or not.

This price prediction may not happen this year at least not up to $50k and if that didn't happen this year we are seeing next year which is a year before halving. History also has it that during the time close to a new halving, market price goes bear. Except that next year is going to bull before halving but I think $50k is not easy to show up in near future.

If the 4-year cycle remains in tact, which is difficult to confirm unless price reaches a new ATH prior to 2025, then I'm inclined to believe we won't see a new ATH before 2024 now the bear market has been confirmed. But I still think it's likely we'll see prices return to $50K-60K sometime late this year or next, before consolidating between $25K and $50K for at least a year. 

However given the bull market momentum ended in May 2021, and price reached the 200WMA within 7 months of ATH (as opposed to 1 year), it could very well be different this time around.

Not estimating but predicting and most predictions that I see are based on the past events of btc but me either I think that 2 years for 100k is too long already but 1 year of max waiting would be enough for it. 2 years from now there is a halving event and the price is said to increase in a different level. By that time, we could be seeing another new ath next to 100k but anyway, we are currently in a bear market and the demand is supposed to be higher than usual but it's only surprising why the price cant catch up.

Till now, there is only small relief that we feel but that's better because at least the panic and fear have subsided a little. People's trust are slowly gained once again.

Sometimes it's better to keep quiet than to say something stupid, but rich people can afford to talk nonsense because obviously no one will blame them. There is nothing disputable when someone says that the new ATH will be in a few years, but that the same thing can happen in a few months at a time when we are closer to a new bottom is reckless and stupid.

Maybe CZ hopes that the spot BTC ETF will finally be approved in the US, or he just wants to bring optimism to the market because his job is suffering, but I never considered it important in the sense that his statements should be taken seriously.

I guess it is not really a reasonable approach because it is not giving any definite date, but at the same time why take a risk and say a date that will get bitcoin back up again, he just said something superficial which will be right eventually. So, he is right that it will take a few months to a few years, and it is something we all know, so he is right.

Yes, it is not a great sentence and yes it is something even a child knows about, but that doesn't mean that he should have taken a risk and say something like "bitcoin price will break over 30k on November 23rd" or something, that would be the wrong thing to say and that is why he avoided something like that and said something a child could say to stay out of trouble.

Yea I think the general consensus is that we will be breaking the ATH after the next
halving. $420,000 is very optimistic and if we think back to  the prediction on the last Bull
run to be at least $100,000, we can take the new prediction of $420,000 with a
pinch of salt, I'm sure we would all love to be wrong though.

Also bear in mind theories and expectations have been broken before. Up to this cycle
the market has never gone below the previous ATH, last week that record was broken.

With the Bitcoin market, anything can happen!

For this statement, if it is really translated correctly, we should give the Nobel Prize, because behind such a clever statement there is certainly a science that has opened our eyes and will make us rich. The article is bad, the OP doesn't even understand the basic numbers, and CZ is talking nonsense at the level of an elementary school child - although there are a lot of smarter young people there who would say something more meaningful than him.

Yes i too agree on you.
The main fact is that no one has really seen the future. What we can really do is just estimate the price based on observations and calculations.
I don’t think it will take 2 years for BTC to touch the 100k usd mark.
I mean if anyhow the demand for BTC increases, then ultimately the price will increase only.
All now is required to break the resistance where Bitcoins are currently suffering and come out of it.
Nevertheless let’s hope the best and let’s see what happens next.

No one can tell on when bitcoin surpass the past all time high which is above 60k$,most of the expert says that it is possible that 4 years from the past all time high we will reach another all time high price, but that is still an speculation no one can really tell about the price 3 to 4 years from now.

Cant really remove that kind of mindset when it comes to post-halving event where ATH is mainly been thinking off by most people or the entire community which i couldnt blame off considering on how many times

we've been able to witness out those bull runs that we havent even expect that bitcoins price could reach up 69k on peak price and now we had dipped down on 17k which can be signified to be the bottom

thats why impressions or the same mindset or situation that is really happening and people is really aiming for some nasty recovery on next years to come.Dont expect for ATH to be broken out easily.
There are still lots of things to be considered like news and fundamentals before reaching out that particular state.

It’s all depends on the inflation numbers. Here in Canada we had our May numbers and we were expecting 1% but got 1.4% instead. Basically a surprise and means that fed needs to be more aggressive on their hikes. We might get a .75% hike next.

This isn’t bullish for stocks or crypto. If you want a bottom or some rally in stocks or crypto you need to see inflation numbers go down first and then you go long.

So if we see deflation, that might be the bottom signal.

First of all, all of that "it will be 420k" predictions are a joke. Its a play on 4/20 which is an unofficial "weed" day. This is why there is really nothing that should be taken seriously about that number at all, thats just a running joke, everyone does it and its not serious.

Secondly, CZ is right about the fact that it may take a while to recover, but that is a good thing, because it gives time to check whats going on and buy the "cheap" price of 20k right now and wait for it to go up, will it be 420k? No. But it will certainly go higher and we all know this.

Lastly, it is clear that people will try to pin the current situation on anything crypto related, but the reality is that we are all doing terrible as a whole world, no nation is surviving without damage, everything is going to sh-ts right now, so its really just a regular thing for bitcoin and crypto to be bad as well. You want to know when it will do better? Look at what regular markets are doing, when they do better, crypto will do better as well.

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.

Isn't it obvious though? I mean if we are going to look at bitcoin's past historical logs, a new ATH run starts after the bitcoin halving even. So when it is going to be? in 2024, so that is 2 years away from now. Unless there is a super cycle that others have been theorizing, but I doubt that it will happen. As for what is the peak in the next bull run, not sure, maybe it will depend on how low can we get in this bear market. It could grow 10x-??? from that.

It is hard to say. It could take years before Bitcoin bounces back again to ATH levels, if it does at all. Historically, Bitcoin always reclaims its ATH in the year following the halving, which suggests that we may need to wait until at least 2024 for a new bull run. HODL is one of my favorite sayings. It describes someone who knows their position, sticks to it, and then gets really happy about the market's growth. So, yes, I believe there will be a Bitcoin boom in the future. We just have to stay focused on our strategy and think about it in this perspective.

March of 2025 seems about a good a guess as any. 

I am not in the camp that we'll see new highs before new lows.  I don't believe the government is going to orchestrate a soft landing, nor do I think Bitcoin is a recession proof asset.  I think a good prediction would be a low of $13K and a long period of accumulation before a runup to new highs following the next block reward halving.  Typically it takes over a year for that halving to take hold in the market, so I think that's a good estimate of when we'll be breaking back into new high territory. 

In bear market there are always different predictions from different crypto analysts and none analysts. CZ is not an analyst even though he is the ceo of one of the top exchange, his statement didn't really say much because he was clearly avoiding giving false hope so that some investors will not see it as financial advice. People should focus more on how to accumulate because there will always be a new ath if we are patient enough.

I remember the news of small businesses putting a lot of money into Bitcoin as their reserve funding when the price was above $50k. I thought it was way too risky, but for a while it went quite okay. Now, of course, if they need the funds and didn't take them our before the drop, they'll face great difficulties and probably won't be inclined to invest in Bitcoin anymore. Then again, they broke the rule of never investing what they can't afford to lose, so it can't really be blamed on Bitcoin. As for the peak, I think it'll indeed take time, either months or years, and that it won't be $420k because the multiplier tends to shrink with every next ATH. So I'd expect something around $100k.

I could only say WOW if the bitcoin price soars to $420,000 because that can shock many people , butBut they will be happy to see that price because they are making a big profit. But to go to that price, bitcoin needs to break every high price level, and that will not be easy as the price can fluctuate more than now. But to be clear, no one will know "WHEN" the bitcoin price will start to increase, and those people can only make their predictions and share them on their social media to attract attention.

This will be fun! let the journey begin... I don't care about 420k but I care that btc will break the ATH. take all the time you need BTC

The link in your post lands me on a 404 page, there's no article there.

It will definitely take more time now to reach the same height. All those who will invest, now have a first-hand experience and have been burned by its volatility.

Moving forward, everyone will now have more "realistic" gain goals. It will create a healthy supply-demand chain. But yea, healthy growth means slow growth. Probably 4~5 years from now?

Hi mate. You'd better fix that  $4,20,000 crap. It's just $420,000 otherwise looks confusing.

Going to the point, it is quite laughable that $420k prediction. People seem to forget that some predicted last year (the supercycle theory) that this year we would already be around that price. Then the ath was only $69 and now we are in bear market.

I agree with Wexnident and SquirrelJulietGarden that we will break that ath after the next halving, and hopefully we will be able to break the $100k mark.

I agree with what CZ said. Bitcoin will never be this low in value. Likely to exceed $100k in next bullish period. However, I think it will take more than two years to reach this value. Now is the time to invest for the long term. This opportunity should not be missed.

Bitcoin has a history that it always reclaims its all time high in a new bull run after a halving.

It has 10x to 20x from previous bull runs but this one is the first time Bitcoin only rises 3x from its previous all time high in 2017. I don't know anyone here still believe the bull run after halving in 2020 has yet finished.

Consider that it already finished and Bitcoin is in its bear market, the next bull run, if history won't be broken, Bitcoin will reclaim 2021 all time high $69 and make a new one. Next bull run will be in 2024, next halving, some time in 2024. New all time high will occur a few months after a halving, so it can be in late of 2024 or in first half of 2025.

I'd reckon it's going to take years before Bitcoin bounces back to ath levels. As the article said, the drop from $6k to $20k is pretty big and we're not really seeing any recovery at the moment, and I doubt we will.

The most waited time frame would be the halving season again, it's never failed before in showing that Bitcoin would hit new heights during it after all.

As he said, it could take months, even years, no one can predict exactly when bitcoin will bounce back and surpass the old ATH . However, one thing I can assure you is that bitcoin will rise again and there will be a new ATH, but how much and when will only time tell. The most talked about prediction is probably the bitcoin halving in 2024, so let's wait until then.

I've read the article. One would really think CZ has the say when the market coukd reach once again its ATH but this time he is just making a safe prediction. He doesn't want investors to keep bugging him with his prediction like eating a dick.

It coukd be true though maybe 2 years from now could be a better prediction but this will not go sideays the whole 2 years. So there is a way to make money in the market.

Binance CEO Changpeng Zhao believes the cryptocurrency industry is still growing despite the volatility shown in recent times. He also said the next Bitcoin all time high could be in after a while. However, he said some companies launched at the peak of the market could have difficult times going forward.

Speaking to The Guardian, Zhao made some interesting comments around the next occurrence of Bitcoin all time high. The CEO also warned that no one can predict the future of Bitcoin, stating that the next all time high could take as long as two years.

“I think given this price drop, from the all-time high of 68k to 20k now, it will probably take a while to get back. It probably will take a few months or a couple of years.”

Zhao felt the current Bitcoin price is not bad after all, admitting that the $20,000 range is relatively low. But, if people were told in 2018 or 2019 that Bitcoin could reach $20,000 in 2022, they would have been very happy, he explained.

Next Bitcoin Peak Around $420K?
Although it is not precisely clear as to when would be the next Bitcoin all time high, analysts are making strong predictions around what could be the peak. Many believe it could be around $4,20,000. Proof of Steve, a crypto investor, said the same.

“Since Bitcoin topped at $69,000, it is clear to me the next target can only be $4,20,000. There is no in between. No fire without smoke.”

Another crypto enthusiast DrNick wondered whether the next Bitcoin peak is going to be around the $4,20,000 level. Similarly, another enthusiast Rssi predicted a $420k Bitcoin peak based on the $69k top. “The BTC top was $69k. Next cycle pico top will be @420k obviously.”

Details:
https://coingape.com/when-will-bitcoin-price-break-69k-all-time-high/_Will_Bitcoin_Price_Break_%2469