When will bitcoin reach its all-time high? - page 3.

batang_bitcoin

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Quote from: arufox on April 17, 2022, 12:40:35 PM

The bitcoin price upward trend has just started where the bitcoin price is trading back above the $40k area. However, although currently experiencing a significant price increase, we do not know for sure how far the current price increase is

It hasn't started instead, it's starting to drop. $38k and is likely to reach $36k or $36k anytime from this day.

Quote from: arufox on April 17, 2022, 12:40:35 PM

whether it will reach a new ATH level again, or will be corrected again like a few months ago.

It's now in the correction phase and we don't know how low it can reach. And as for the new ATH, we have to prolly wait maybe 2 years again after the halving before it shows.

lienfaye

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Quote from: lalabotax on April 17, 2022, 04:38:08 PM

Quote from: arufox on April 17, 2022, 12:40:35 PM

The bitcoin price upward trend has just started where the bitcoin price is trading back above the $40k area. However, although currently experiencing a significant price increase, we do not know for sure how far the current price increase is, whether it will reach a new ATH level again, or will be corrected again like a few months ago.

Are you sure the uptrend just started? Instead, I assume we are at the beginning of a downtrend (bearish). It is true that Bitcoin price is still above $40k and seems to survive at this level. But as a whole, the chart patterns show there were some significant drops during this year. And the price of Bitcoin is still getting lower and lower. Not sure how long Bitcoin price can survive around $40k, but it seems to drop again below it. Some people believe the next destination of BTC price to be $35k. So, there is no way to reach ATH again this year.

Currently the price decreased below $40k, another correction happened, though its not surprising to see the price move downward. For the past few weeks that the price increase consistently, many investors are thinking that we are again heading to bullrun but the price didnt reach the $50k price and fall back again. But its too early to say there's no new ath for this year because we're only in the second quarter hence there are many things to look forward that can affect the price of Bitcoin to move upward, lets see.

lalabotax

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Quote from: arufox on April 17, 2022, 12:40:35 PM

The bitcoin price upward trend has just started where the bitcoin price is trading back above the $40k area. However, although currently experiencing a significant price increase, we do not know for sure how far the current price increase is, whether it will reach a new ATH level again, or will be corrected again like a few months ago.

Are you sure the uptrend just started? Instead, I assume we are at the beginning of a downtrend (bearish). It is true that Bitcoin price is still above $40k and seems to survive at this level. But as a whole, the chart patterns show there were some significant drops during this year. And the price of Bitcoin is still getting lower and lower. Not sure how long Bitcoin price can survive around $40k, but it seems to drop again below it. Some people believe the next destination of BTC price to be $35k. So, there is no way to reach ATH again this year.

eaLiTy

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Quote from: fzkto on April 15, 2022, 12:50:59 PM

Classically, a new ATH at bicoin happened after the halving. The last halving was in 2020, the new ATH happened in 2021. If this logic is followed, the next peak could be seen in 2025 after the halving in 2024. Right now it does not look like we will see a high price any time soon. I would wait a few years.

That is a fair assessment and even i am not expecting any all time high valuation this year and i will be surprised if we will be able to break the current resistance level with ease and more forward to an all time high valuation. What i really think is that the market will be trading in a range bound and the institutional investors will be booking their profit whenever there is a rally and expect for another all time high valuation after the next halving.

Oceat

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Quote from: arufox on April 17, 2022, 12:40:35 PM

The bitcoin price upward trend has just started where the bitcoin price is trading back above the $40k area. However, although currently experiencing a significant price increase, we do not know for sure how far the current price increase is, whether it will reach a new ATH level again, or will be corrected again like a few months ago.

It looks like the price would start to drop anytime soon and it could be the correction phase or is it just normal movement of the traders. If there's no news that would make the market to pump then it might decline slowly back to $30k or even below. But it's just too early to say that but most of the time it wouldn't go far below the support level so, it may or may not pump back again to reach the ATH. We can only speculate at this point and it's expected that Bitcoin is really unpredictable.

arufox

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The bitcoin price upward trend has just started where the bitcoin price is trading back above the $40k area. However, although currently experiencing a significant price increase, we do not know for sure how far the current price increase is, whether it will reach a new ATH level again, or will be corrected again like a few months ago.

molsewid

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Quote from: Chato1977 on April 16, 2022, 11:29:50 PM

We are only in Decline but not in Bear market so i think there is no need for recovery but instead let the market rest a while because there is a Huge run in 2021 when the price really take the full scale and bitcoin with most altcoins take its way up.

Market will recover and will dump so either both? lets expect things to come.

Yes it can be considered as price correction but not totally a decline and not totally in bear market because the price resistance are keep on strong hold and that can be shown in crypto market. I don't think so when we will going to see bitcoin reaching another all time high but I am very optimistic that we will going to see it coming before the year 2022 ends. As we always expect price fluctuations happen frequently without prior notice due to different reasons and that's normal and we need to be used to it.

Chato1977

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Quote from: oudomopo on April 03, 2022, 07:29:20 PM

Time will tell. What are your predictions of when will bitcoin recover from this decline?

We are only in Decline but not in Bear market so i think there is no need for recovery but instead let the market rest a while because there is a Huge run in 2021 when the price really take the full scale and bitcoin with most altcoins take its way up.

Market will recover and will dump so either both? lets expect things to come.

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It has been at least 4 months since bitcoin was at an all-time high.

4 months is not a long time. In this immediate context I'd say BTC has once again proved its ability to recover out of a negative decline, thats important enough and there is no rush to looking at all time highs again so soon.
Look at that ATH and the character at which it acted at that time. We barely made a new high and then it quickly retracted and sold ever since, that is really a quite negative indicator to sell. It was worrying for it to do that, we're over it now but I'm happy enough that we managed to recover.
If you want a ATH estimate, look over years. We are discussing the tide not waves when we do so, zoom out a little because its not really a good thing to over boil the pricing on any asset and I dont want this to occur in BTC. 2023 would be plenty healthy and I dont mind if it takes more then a year to re-achieve the highest prices. Value doesnt come from the plain spot pricing, alot of the highest pricing is just hype and bubbly empty type speculative fervor, we can wait a while before that happens again. Careful what you wish for Tongue

TheGreatPython

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Quote from: macson on April 14, 2022, 05:59:35 PM

if i was asked about my prediction on "when" Bitcoin will touch ATH again then i can only say i'm not a psychic who can read the future LOL. for those of you who really love bitcoin, they definitely won't bother with when bitcoin will create a new ATH, they will definitely enjoy the volatility of bitcoin prices which until now can't be erased. whenever it's for sure bitcoin will continue to make new ATH.

It's fine though, we aren't a psychic here as well. Just predict according to what your heart desires but what you said there is true. A true bitcoin lover doesn't complain and loves every inch of bitcoin. They enjoy the volatility because they can buy and sell at a shorter time frame's but they also have a separate coin for holding and they will only sell it by the time btc hits its all time high.

Bitcoin can continue making more all time highs because that is one of its nature (to continue growing) and this will be achieve more or will be achieved easily once those countries that are not yet into bitcoin joins bitcoin. The more if they also make bitcoin as a legal tender.

fzkto

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Classically, a new ATH at bicoin happened after the halving. The last halving was in 2020, the new ATH happened in 2021. If this logic is followed, the next peak could be seen in 2025 after the halving in 2024. Right now it does not look like we will see a high price any time soon. I would wait a few years.

Yamifoud

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Quote from: cryptomaniac_xxx on April 14, 2022, 05:41:38 PM

^^ It takes experience though to get over checking and wanting to know when is the next all time high.

So it takes time for us crypto investors, but as you go along, you will understand that everything works in cycle here. And you become somewhat not attached to it anymore, you will just have to continue to accumulate bitcoin as your own phase and then sell it if you are satisfied with your profits specially if it reaches another new all time high in the future.

I'm still not thinking of it this year. Upon seeing the market trend, I eventually did not expect it.
That you right, it comes to a cycle, we have Bullrun last year, 2022 is seemingly the opposite, a bear market. I could assume or I was right but unfortunately, the market not showing any signs of being bullish, we are still been seeing the volatile nature up and down.

Indeed, this year is probably a time for accumulation, we'd never miss this chance. That I hope we see a different direction early next year or before the end of 2022 (last quarter).

macson

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Quote from: oudomopo on April 03, 2022, 07:29:20 PM

In November, Bitcoin's all time high was $68,000. Bitcoin's 2022 low was around $34,000-$35,000. Since December, Bitcoin's price has been wobbling between $35,000-$50,000. Bitcoin is recovering a bit right now but has not reached its all time high yet. Last month, Bitcoin crossed $40,000 and reached at a peak of $47,000-$48,000 to this day. It still has not rosed above $50,000 yet so there is a small chance that Bitcoin would touch $68,000 in 2023. When an economy experienced a bad recession, it would take like 1-4 years or more to recover from it. Last year in May-July, Bitcoin declined dramatically. Bitcoin lost half of its value and it took at least 3 months to recover from it. It has been at least 4 months since bitcoin was at an all-time high. This decline was longer than the Q2 2021 bitcoin decline. Will it recover in a few months or in a year?

Time will tell. What are your predictions of when will bitcoin recover from this decline?

if i was asked about my prediction on "when" Bitcoin will touch ATH again then i can only say i'm not a psychic who can read the future LOL. for those of you who really love bitcoin, they definitely won't bother with when bitcoin will create a new ATH, they will definitely enjoy the volatility of bitcoin prices which until now can't be erased. whenever it's for sure bitcoin will continue to make new ATH.

cryptomaniac_xxx

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^^ It takes experience though to get over checking and wanting to know when is the next all time high.

So it takes time for us crypto investors, but as you go along, you will understand that everything works in cycle here. And you become somewhat not attached to it anymore, you will just have to continue to accumulate bitcoin as your own phase and then sell it if you are satisfied with your profits specially if it reaches another new all time high in the future.

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Quote from: Renampun on April 14, 2022, 02:39:25 PM

Quote from: Fatunad on April 07, 2022, 02:54:38 PM

Quote from: Renampun on April 07, 2022, 01:38:22 PM

Quote from: oudomopo on April 03, 2022, 07:29:20 PM

...

Lets not really make ourselves expect or anticipate that much because we dont know on what would happen next whether we do see a new all time high for this year or would really be a start of a very long time
bearish movement or trend which we dont know on what would actually happen because it would really be basing on demand and interest on the market.So lets just wait on what would actually happen.
If you are investing or trading then better be wise on making out such decision where you could possibly able to make profits with the current movements.Just let do things to happen whether
what kind of trend that we might faced on.

Of course I still think that the market can't be predicted but my belief in the new bitcoin ATH this year is quite large...

what I noticed (based on what I saw on social media and the news) that we are currently moving towards mass adoption of crypto, With this mass adoption, the demand for bitcoin in the market will increase drastically, this will push the bitcoin price up. the more countries that recognize bitcoin and the more large companies that adopt bitcoin is a picture that mass adoption is very close.

The best thing to be done is not to make yourself mind about ATH or something in related to it because you would really be stressing out yourself on minding on what would be the price would be or
on when it would happen and this is something that i dont really like to mind off every now and then and its better to make yourself free from those questions in mind and would really
be mindful about on how to make steps on recent price changes for you to make out some profits without needing to stress yourself about all time high topic.

Renampun

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Quote from: Fatunad on April 07, 2022, 02:54:38 PM

Quote from: Renampun on April 07, 2022, 01:38:22 PM

Quote from: oudomopo on April 03, 2022, 07:29:20 PM

...

Lets not really make ourselves expect or anticipate that much because we dont know on what would happen next whether we do see a new all time high for this year or would really be a start of a very long time
bearish movement or trend which we dont know on what would actually happen because it would really be basing on demand and interest on the market.So lets just wait on what would actually happen.
If you are investing or trading then better be wise on making out such decision where you could possibly able to make profits with the current movements.Just let do things to happen whether
what kind of trend that we might faced on.

Of course I still think that the market can't be predicted but my belief in the new bitcoin ATH this year is quite large...

what I noticed (based on what I saw on social media and the news) that we are currently moving towards mass adoption of crypto, With this mass adoption, the demand for bitcoin in the market will increase drastically, this will push the bitcoin price up. the more countries that recognize bitcoin and the more large companies that adopt bitcoin is a picture that mass adoption is very close.

Webetcoins

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I believe that Q4 of 2022, or Q1 of 2023 would be a great timing. I do not know if it will be guaranteed to do something like that, but 2024 is the halving period which means that it will go up before that happens. We were around 4k or so before the 2020 halving, like over a year before, and then right before the halving happened we reached 10k levels, even after that horrible march 2020 fall, we still reached 10k levels, and a few months after that we started the famous bull run.

I am not saying that the same has to happen, but I believe that since 2024 has the halving, the price will probably go up before that and will help us earn a lot of money. I can see 50k+ easily, but 68k+ could be broken too.

alisonwonder

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Quote from: oudomopo on April 03, 2022, 07:29:20 PM

Time will tell. What are your predictions of when will bitcoin recover from this decline?

The market is struggling to recover towards a return to ATH but the impact of the Russian invasion has hit the market low, I assume if Bitcoin can cross $46k this month then $50k will be easy to hit in Q2.

JohnBitCo

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Quote from: Chato1977 on April 09, 2022, 02:40:09 AM

Quote from: Wong Gendheng on April 08, 2022, 10:22:47 PM

The highest bitcoin record ever happened was november 2021 when the price was over $69k, at that time I was optimistic that the market would continue to skyrocket and december could reach at least $90k so I bought a lot of bitcoin when the price was above $60k, unfortunately the market dropped and make us lose more than 40%, there is no other option but to just hold and wait for the market to skyrocket again because I don't like selling at a loss.

Who are you fooling? you bought A LOT of bitcoin when the price hit 69k? do you really believe that we will listen to that Story telling? lol

you that a literal Bounty hunter will buy a lot of bitcoin? when you cannot afford buying altcoins?

Comedy isn't?

For a moment, lets believe that he is telling the truth, even then he shuold not panic sell. Anyone who bought bitcoin at all time high, should know that bitcoin will reach again its all time high sooner or later. So if those people can hold thier bitcoins, they will never lose thier money. Its a bad descision to sell the bitcoins when we know that 69K is not the potential value of bitcoin.
Bitcoin may reach 100K or more. We do not know when this will happen but we should keep holding our coins.

Lubang Bawah

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Unfortunately until now the price of bitcoin has not recovered from ATH in 2021 ago, but if we look at the increasing number of cryptocurrencies community especially in Africa which is growing rapidly then I am optimistic that this year bitcoin will reach new ATH again, maybe the price that can be achieved is above $75 k.

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