It's still a long way back to 60k, and Bitcoin hasn't even consolidated at about $40k.
It's just illusion that there is much time left in 2021, several months is nothing in terms of crypto market. I think if Bitcoin can make it back to $60k by the end of the year, it would be the biggest achievement.
Topic: Will BTC Go for Another All Time High This Year? - page 4. (Read 2227 times)
There it is guys. A small sell down at a crucial point at exactly where or a tad under where the resistance is. Failing to break above that within a couple of days could mean BTC is going back down. I’m pretty sure you guys already know it. But here’s the thing... It’s going to be a weekend. Exchanges are usually low volume and traders trade less during weekends. -_-
Bad timing or maybe it’s those same traders who dumped today who don’t trade during weekends.
Bad timing or maybe it’s those same traders who dumped today who don’t trade during weekends.
I don't think we'll hit another ATH this year, but I think Bitcoin will be on its way by end of year and start hitting new ATHs during the winter. This is based on thinking Bitcoin will break out of this $30,000s bottom of the market in September. If it in fact breaks out in the next few days, considering it is taking another shot at it right now at $40k, then yes I do think 5 months will be enough time to move from $40k to $65k+.
No matter what happens in the short term, 2022 will be a year of lots of new ATHs as the long term super cycle continues after this first mini-bear market concludes.
No matter what happens in the short term, 2022 will be a year of lots of new ATHs as the long term super cycle continues after this first mini-bear market concludes.
In this market, sometimes it is hard to speculate what may happen, even if we still have 5 remaining months this year. One good news, and the market is pumping but when sudden bad news comes, the crash also comes rushing. ATH or not, just be prepare for whatever the market will give to us. You should have contingencies what to do with your portfolio, and don't rely the fud that you are reading, you should have your own plans as it is your funds.
This is what makes investing in Bitcoin attractive, because no one can be sure what will happen in the remaining 5 months. For me it's possible that
Bitcoin will hit another ATH this year, like you said if some good news comes out, very likely the price of Bitcoin shot up. Likewise, if there is bad news
that appears, the price of Bitcoin could fall below the $20k price. Whatever is still possible, therefore we must prepare the best possible planning.
So we won't panic about what happens with Bitcoin in the next few months.
I don't think we'll hit another ATH this year, but I think Bitcoin will be on its way by end of year and start hitting new ATHs during the winter. This is based on thinking Bitcoin will break out of this $30,000s bottom of the market in September. If it in fact breaks out in the next few days, considering it is taking another shot at it right now at $40k, then yes I do think 5 months will be enough time to move from $40k to $65k+.
No matter what happens in the short term, 2022 will be a year of lots of new ATHs as the long term super cycle continues after this first mini-bear market concludes.
No matter what happens in the short term, 2022 will be a year of lots of new ATHs as the long term super cycle continues after this first mini-bear market concludes.
In this market, sometimes it is hard to speculate what may happen, even if we still have 5 remaining months this year. One good news, and the market is pumping but when sudden bad news comes, the crash also comes rushing. ATH or not, just be prepare for whatever the market will give to us. You should have contingencies what to do with your portfolio, and don't rely the fud that you are reading, you should have your own plans as it is your funds.
I don't think we'll hit another ATH this year, but I think Bitcoin will be on its way by end of year and start hitting new ATHs during the winter. This is based on thinking Bitcoin will break out of this $30,000s bottom of the market in September. If it in fact breaks out in the next few days, considering it is taking another shot at it right now at $40k, then yes I do think 5 months will be enough time to move from $40k to $65k+.
No matter what happens in the short term, 2022 will be a year of lots of new ATHs as the long term super cycle continues after this first mini-bear market concludes.
No matter what happens in the short term, 2022 will be a year of lots of new ATHs as the long term super cycle continues after this first mini-bear market concludes.
BTC's Bullish Road has opened to many things, many events, and above all the fact that very good statements have appeared in Btc, even Elon Musk has done his part after having done both FUD, this time he wants to recover trust:
This particular event might help Bitcoin cross $40,000
We could expect the price to continue going, it would be ideal, anyway you have to have precuasiopn in the negotiations, anything or event can happen.
This particular event might help Bitcoin cross $40,000
Quote
According to the above chart, whenever the volume of supply held by LTHs has reached a significant level of profitability, a bullish squeeze has been observed. Few of the bullish squeeze that started bull markets by LTHs holding 65% (2x 2013), 75% (2017), and 80% (2020) of the circulating supply can be seen in the chart.
With the current rate of maturation, LTH might hold over 80% in profit over the next few weeks, which will prime the market for another bullish squeeze.
Source:https://ambcrypto.com/this-particular-event-might-help-bitcoin-cross-40000/With the current rate of maturation, LTH might hold over 80% in profit over the next few weeks, which will prime the market for another bullish squeeze.
We could expect the price to continue going, it would be ideal, anyway you have to have precuasiopn in the negotiations, anything or event can happen.
I'm in the majority by thinking that Bitcoin price will reach another ATH level before the end of this year. And I think maybe it can even reach at least $100k. I strongly believe that we will leave the bull market behind after the summer in the worst case.
We must be optimistic about the future of bitcoin, hopefully this boring bull market will end soon and of course our hope this year can reach at least $100k, I'm sure if the price of $100k can be reached then 2 years from now the price of btc can reach $500k
^ The tech sure but the market..? We can’t always be.
I like what I’m seeing right now btw... I’m hopeful but BTC isn’t out of the woods yet.
^ BTC has to break out from that, around 41.3k to get the party starting again. But even then I don’t think it’s comfy enough until we really see BTC break ath.
Edit: Typo. I mean 41.k not 40.3k.
We must be optimistic about the future of bitcoin, hopefully this boring bull market will end soon and of course our hope this year can reach at least $100k, I'm sure if the price of $100k can be reached then 2 years from now the price of btc can reach $500k
Even if we are optimistic, we have to be practical and realistic, 100k seems an alright ATH possibility for this year because bitcoin can increase in a buzzer beater fashion, just look at 2020, the pump happened about a halfway through December even though the price all throughout the year was stagnant. 
From the poll results it looks like users are more positive about the market. Particularly users are much with a bullish mindset than bearish mind. Maybe this can have some positive impact over the market. Apart from this manipulation from the whales could create a bullish trend.
Myself always used to have a prepared plan to face the worst market situation. Maybe that's a negative impression over the market. This time too myself have the same opinion and prepared for the worst.
the worst situation must continue to be prepared. however, we need to think positively about this. well, the end of the year is still quite long, so thinking about a new ATH is still possible for now. although it looks quite difficult. However, one thing that is interesting in the world of cryptocurrencies is, we cannot predict what will happen.Myself always used to have a prepared plan to face the worst market situation. Maybe that's a negative impression over the market. This time too myself have the same opinion and prepared for the worst.
The worst situation is about to over now and Bitcoin has shown good performance with the start of new week and has already registered 24% gain so far. Once Bitcoin Bullish reversal is confirmed then gradually we will witness price appreciation and ultimately breaking its previous ATH of $ 65,000. According to most experts of crypto industry it will most likely happen by the end of 2021. DYOR
Ark Invest bought more shares of Coinbase. This is another signal that could argue for bitcoin that it might make another all time high again this year. We might witness this on December before another bubble burst, very much similar to what we have witnessed on 2013 and 2017 hehe.
ARKK Buy COIN COINBASE GLOBAL INC 76,562
Source https://247wallst.com/investing/2021/07/21/cathie-woods-ark-invest-buys-for-7-21/
Very Similar means twill make another Bubble? like what happen in 2017? but we already Had more than enough Pump this year alone not to mentioned that Early growth last november - december 2020?ARKK Buy COIN COINBASE GLOBAL INC 76,562
Source https://247wallst.com/investing/2021/07/21/cathie-woods-ark-invest-buys-for-7-21/
but it is good to see that there are another more investing entering the crypto world while others are bringing FUD.
I don't see this happening this year. China's FUD is still spreading and shows no sign of cooling down. Recently, El Salvador recognized Bitcoin as legal tender. This sounds great news but still not enough to get the market green again.
I guess there will be no chance for BTC to hit all-time highs this year but I hope my prediction is wrong.
China's FUD are already died mate , Have you seen some Bad News from them aside from the last Banning?I guess there will be no chance for BTC to hit all-time highs this year but I hope my prediction is wrong.
Ark Invest certainly does not think that we already have enough pump this year hehe. Cathie Wood has invested more money on bitcoin than anyone in the forum directly and indirectly and there will not be a pump? I shake my head. There will certainly be another pump.
I'm in the majority by thinking that Bitcoin price will reach another ATH level before the end of this year. And I think maybe it can even reach at least $100k. I strongly believe that we will leave the bull market behind after the summer in the worst case.
Since El Salvador accepted Bitcoin as legal tender, many people saw Bitcoin worth 100,000 USD.
1. About 77% of the international population now refuses to accept the Bitcoin law. This is also a long-term process, and this news will make other countries reconsider the definition of Bitcoin.
2. On July 31, the United States will continue to "release water" of US$248 billion. This news will also bring some benefits to Bitcoin. Some countries also issue additional currencies in order to stabilize their currency prices. These are all conducive to the growth of Bitcoin prices.
1. About 77% of the international population now refuses to accept the Bitcoin law. This is also a long-term process, and this news will make other countries reconsider the definition of Bitcoin.
2. On July 31, the United States will continue to "release water" of US$248 billion. This news will also bring some benefits to Bitcoin. Some countries also issue additional currencies in order to stabilize their currency prices. These are all conducive to the growth of Bitcoin prices.
Maybe people got hype actually, well, it's good news that bitcoin is considered as a legal tender but it will only create some big positive influence on the market if a big country will consider bitcoin as a legal tender. So, it's safe to assume that it will take time before people will fully adopt bitcoin as a legal tender, the main problem, for now, is the high transaction fee and most especially its price volatility.
but we know that fees arent that permanent because the more the transaction then the more it clogged then the more the fees would be paying up and its always been the main problem
on why bitcoin wont be accepted by vast or by majority of merchants or doesnt really get some consideration.
Since El Salvador accepted Bitcoin as legal tender, many people saw Bitcoin worth 100,000 USD.
1. About 77% of the international population now refuses to accept the Bitcoin law. This is also a long-term process, and this news will make other countries reconsider the definition of Bitcoin.
2. On July 31, the United States will continue to "release water" of US$248 billion. This news will also bring some benefits to Bitcoin. Some countries also issue additional currencies in order to stabilize their currency prices. These are all conducive to the growth of Bitcoin prices.
1. About 77% of the international population now refuses to accept the Bitcoin law. This is also a long-term process, and this news will make other countries reconsider the definition of Bitcoin.
2. On July 31, the United States will continue to "release water" of US$248 billion. This news will also bring some benefits to Bitcoin. Some countries also issue additional currencies in order to stabilize their currency prices. These are all conducive to the growth of Bitcoin prices.
Maybe people got hype actually, well, it's good news that bitcoin is considered as a legal tender but it will only create some big positive influence on the market if a big country will consider bitcoin as a legal tender. So, it's safe to assume that it will take time before people will fully adopt bitcoin as a legal tender, the main problem, for now, is the high transaction fee and most especially its price volatility.
I remember last year when it was 2020, BTC market is almost like this month, and suddenly BTC goin up and up, so if you asking BTC will rise to $65K, i said yes, its just what my feeling said, without analyse.
But if you asking analyse, the expert said BTC will go up after $40K, or maybe $42K for good foundation to jump, and BTC will go down to $20K if BTC still sit down around $30K in the next 3 months. DWYOR.
I also voted yes bitcoin always recover from any of it major correction or dumping exactly in the wake of Covid-19 first wave in 2020 the dumping of bitcoin price was massive then however price recovered and gain momentum till it broke last ATH to reach $65K, it price couldn't break the support at $29K to $30K after several attempts is a good indication of price reaching $65K before the end of the year coincidentally the price had rallied above $32K possibly heading to $34K the next resistance thus 'slow and steady wins a race' it obvious the price will reach the target But if you asking analyse, the expert said BTC will go up after $40K, or maybe $42K for good foundation to jump, and BTC will go down to $20K if BTC still sit down around $30K in the next 3 months. DWYOR.
Since El Salvador accepted Bitcoin as legal tender, many people saw Bitcoin worth 100,000 USD.
1. About 77% of the international population now refuses to accept the Bitcoin law. This is also a long-term process, and this news will make other countries reconsider the definition of Bitcoin.
2. On July 31, the United States will continue to "release water" of US$248 billion. This news will also bring some benefits to Bitcoin. Some countries also issue additional currencies in order to stabilize their currency prices. These are all conducive to the growth of Bitcoin prices.
1. About 77% of the international population now refuses to accept the Bitcoin law. This is also a long-term process, and this news will make other countries reconsider the definition of Bitcoin.
2. On July 31, the United States will continue to "release water" of US$248 billion. This news will also bring some benefits to Bitcoin. Some countries also issue additional currencies in order to stabilize their currency prices. These are all conducive to the growth of Bitcoin prices.
Ark Invest bought more shares of Coinbase. This is another signal that could argue for bitcoin that it might make another all time high again this year. We might witness this on December before another bubble burst, very much similar to what we have witnessed on 2013 and 2017 hehe.
ARKK Buy COIN COINBASE GLOBAL INC 76,562
Source https://247wallst.com/investing/2021/07/21/cathie-woods-ark-invest-buys-for-7-21/
Very Similar means twill make another Bubble? like what happen in 2017? but we already Had more than enough Pump this year alone not to mentioned that Early growth last november - december 2020?ARKK Buy COIN COINBASE GLOBAL INC 76,562
Source https://247wallst.com/investing/2021/07/21/cathie-woods-ark-invest-buys-for-7-21/
but it is good to see that there are another more investing entering the crypto world while others are bringing FUD.
I don't see this happening this year. China's FUD is still spreading and shows no sign of cooling down. Recently, El Salvador recognized Bitcoin as legal tender. This sounds great news but still not enough to get the market green again.
I guess there will be no chance for BTC to hit all-time highs this year but I hope my prediction is wrong.
China's FUD are already died mate , Have you seen some Bad News from them aside from the last Banning? I guess there will be no chance for BTC to hit all-time highs this year but I hope my prediction is wrong.
Ark Invest bought more shares of Coinbase. This is another signal that could argue for bitcoin that it might make another all time high again this year. We might witness this on December before another bubble burst, very much similar to what we have witnessed on 2013 and 2017 hehe.
ARKK Buy COIN COINBASE GLOBAL INC 76,562
Source https://247wallst.com/investing/2021/07/21/cathie-woods-ark-invest-buys-for-7-21/
ARKK Buy COIN COINBASE GLOBAL INC 76,562
Source https://247wallst.com/investing/2021/07/21/cathie-woods-ark-invest-buys-for-7-21/
It’s looking bad guys... 9:00am in Asia BTC was sold down and 9:00am in Europe same thing happened. It’s gonna be 9:00am in the US in 40 minutes or so. I think it would be safe to assume there’s gonna be another sell down. Check the weekly chart. If 28k breaks down, where’s the next support?
True, it's not looking good but every experienced Bitcoin user know that patience is one of the most important qualities of Bitcoin investor as well as awareness that Bitcoin market is very volatile an sometimes also very sensitive when it comes to different influences like current situation in the world markets.
However, there is no need for sudden and rushed decisions although there is possibility that price goes down all the way to k20$. But like I've said, some patience is needed.
bitcoin starts to be pumped again and you will regret it if you don't have any assets invested at this time.
Investors are chasing the global stock market again because companies are currently releasing their financial reports in the second quarter of 2021, where investors hope that the company's financial statements will grow better and affect the movement of their shares.
From the poll results it looks like users are more positive about the market. Particularly users are much with a bullish mindset than bearish mind. Maybe this can have some positive impact over the market. Apart from this manipulation from the whales could create a bullish trend.
Myself always used to have a prepared plan to face the worst market situation. Maybe that's a negative impression over the market. This time too myself have the same opinion and prepared for the worst.
Myself always used to have a prepared plan to face the worst market situation. Maybe that's a negative impression over the market. This time too myself have the same opinion and prepared for the worst.
Although I'm not very good at reading price movements from fluctuations, clearly I still strongly believe that bitcoin will still be able to reach new highs this year. However, from time to time until now, the development of bitcoin enthusiasts is increasing, the popularity and activities in it have been taken by many people for their lives, and more people are also being pushed by the situation that bitcoin is legit to invest, which promises more profit.
Some people say it will hit $100k in December this year, but that's just a prediction.
Honestly, we live here too optimistic even the reality is that we are entering the bear season. We can't hold the market and pushes it back high again as we are not in control of them. If the market will dump, that is a normal scenario. Remember that not all the time we are in the bull market, the trend has already changed and we are now on the declining trend. Some people say it will hit $100k in December this year, but that's just a prediction.
We have Bullrun last 2017, it started to drop in 2018, and in 2021 the history repeat. This is a market cycle, have to accept this.
That’s the thing. Denial’s a bitch. And it will prolly take a couple more months before every one of us starts accepting that it really is a bear market... But then again it’s also prolly what the market is waiting for before trending back up again.
Anyway, the weekly close was weak. Prepare for some chop.
I'm always prepared for the outcome as I really think the market is already bearish. People might still continue to believe that it will bounce back, but honestly, it's not moving that way it's moving down trend and we could see bitcoin stay at $20k for a while.
We have a little bounce back today and we stayed at $30k, but I think it will not last and bitcoin will just go down again.
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