Its still quite possible to reach this high and more but to do so requires usually a combination of factors and the easiest way to frame that argument is momentum or inertia must build. To push past highs will take more time then the rest of this year imo and I'd not estimate it currently as we havent seriously yet started to do so.
Right now we are in house keeping mode, clearing out the trash left from the last street party where everyone walked in expecting to double their money and finding out its a bit more complicated then that. Clearing out prior volume and trades will happen but its usually related to time, those too over reactive will say never which is too short sighted. I'll be more bullish when it starts but for now we consolidate at these higher prices, establish a range a good bottom and work back up from there.
Its for the better in market stability that a good base is formed not that we just explode higher suddenly one day; reason being the best market is inclusive of all in a varied cross section not just a few.
Topic: Will BTC Go for Another All Time High This Year? - page 11. (Read 2227 times)
The most anticipated that Bitcoin will hit $100 this year-end, who knows, in just a matter of a month we will have another all-time high on Bitcoiin price.
There are too many speculations out there, there's a bullish one and sometimes there's a negative open which is the bear one. In Bloomberg's prediction seems like the report says the Bitcoin price will hit over $100 a year but still we don't know how accurate it is.
IMO, Bitcoin will not possibly create a new ATH this year-end but we will possibly reach the previous ATH. Sounds like we will reach back the $50k range price after struggling with this $30k range price for how many months.
There are too many speculations out there, there's a bullish one and sometimes there's a negative open which is the bear one. In Bloomberg's prediction seems like the report says the Bitcoin price will hit over $100 a year but still we don't know how accurate it is.
IMO, Bitcoin will not possibly create a new ATH this year-end but we will possibly reach the previous ATH. Sounds like we will reach back the $50k range price after struggling with this $30k range price for how many months.
The sentiment around here seems kinda mixed. WO thread seems slightly bearish but I see people in other threads that are slightly bullish. So.. for the bulls out there, do you guys think BTC will break out of its recent high of 65k USD this year? If yes, please explain why.
If we're talking about sentiment here mate, of course a lot of people who've been taking part of cryptocurrency whether bounty hunter or a trader felt the agony after 50% crash happened. The expectations along with predictions was a potential second ATH, because we only experience first bounce so there's a bigger chance that second highest price would really going to break another record.
If Bitcoin doesn’t hit $115K by year end it will signal a breakdown on one of the most accurate prediction models. That departure alone might be enough to spook the market into a self fulfilling downward cycle of cascading liquidations. I don’t think it would be the end of Bitcoin, just the end of dreams of hitting over a million per BTC in 2025.
Yeah, the S2F model is one of the most accurate so far and eventhough we are in a bearish cycle right now, it still points to a 6 digit at the end of the year. If this didn't happen or at least the model failed, it will have a negative effect on the sentiments and we could see a downward spiral just like 2018.
So long term, I'm still holding to that prediction that $100k could be achieved, might take some time. The last quarter of this year will be critical, so let's see how everything pan out.
The sentiment around here seems kinda mixed. WO thread seems slightly bearish but I see people in other threads that are slightly bullish. So.. for the bulls out there, do you guys think BTC will break out of its recent high of 65k USD this year? If yes, please explain why.
One of the things that makes it hard to make out some predictions if you do really based up or tend to listen out other peoples sentiments.It isnt bad to hear out others comments and recommendations but it would just stir up on what you do personally believe.
Asking out if its really that we would see another ATH in bitcoin for this year then it would all vary on the events that would happen ahead.
We cant precisely predict on whats ahead even it looks out to be bearish but there are instances that something good news that do pop out.
The sentiment around here seems kinda mixed. WO thread seems slightly bearish but I see people in other threads that are slightly bullish. So.. for the bulls out there, do you guys think BTC will break out of its recent high of 65k USD this year? If yes, please explain why.
The majority of us here are very optimistic that it will still go for another all-time high, I'm hoping for a piece of breakthrough news just like what we've had before the start of the year, the FUDS are not coming anymore and Elon seems to be changing his tone and he is now supporting Bitcoin, we'll see how it goes before the end of this year. 
If Bitcoin doesn’t hit $115K by year end it will signal a breakdown on one of the most accurate prediction models. That departure alone might be enough to spook the market into a self fulfilling downward cycle of cascading liquidations. I don’t think it would be the end of Bitcoin, just the end of dreams of hitting over a million per BTC in 2025.
I don't see the $70-100k region hard to reach at all by now -
This area is difficult to reach this year with this kind of did around bitcoin. There are no strong indicator yet to get investors into buying and this is a factor to consider as we look towards breaking the current record high. Many have also predicted further down and I don't doubt that as the price keeps going down.
I'm suspecting:
1. We're in around September time of the last bull run where we went down to about half the ath before going back up.
2. We're just in a bit of a cool off, crypto is being attacked by everyone who want it gone and so far, it's holding quite above the ath of the last bull run.
I mentioned there's a chance we go down from here, I could see 15k being a bottom wick that gets met once for a few seconds and never again. The market does moves in sets of at most 3 so once it did go to 15, it'd shoot up and breakout. I don't see the $70-100k region hard to reach at all by now - I'm generally happy with the idea that once somethings cone somewhere, it'll eventually do it again anyway because below that price it'll attract investors aiming for the returns it gives when it gets back that.
1. We're in around September time of the last bull run where we went down to about half the ath before going back up.
2. We're just in a bit of a cool off, crypto is being attacked by everyone who want it gone and so far, it's holding quite above the ath of the last bull run.
I mentioned there's a chance we go down from here, I could see 15k being a bottom wick that gets met once for a few seconds and never again. The market does moves in sets of at most 3 so once it did go to 15, it'd shoot up and breakout. I don't see the $70-100k region hard to reach at all by now - I'm generally happy with the idea that once somethings cone somewhere, it'll eventually do it again anyway because below that price it'll attract investors aiming for the returns it gives when it gets back that.
The sentiment around here seems kinda mixed. WO thread seems slightly bearish but I see people in other threads that are slightly bullish. So.. for the bulls out there, do you guys think BTC will break out of its recent high of 65k USD this year? If yes, please explain why.
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