Will BTC Go for Another All Time High This Year? - page 6.

Reatim

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Quote from: tokeweed on June 25, 2021, 03:21:13 PM

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.

as we can observed from the votes conducted it is still people believes that there is a chance of having another ATH this year.

But looking at the market movements since last month?

>>>>>>>>>>>>>>>> https://coinmarketcap.com/

I think let us be contented on what we are having now, and besides we are still in hype these days valuing 30,000 above? this is far high from what we achieved in 2017 hype.

Obito

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Quote from: ?? on ??

Though I have voted YES, I don't have complete confidence in that choice, Looking at the charts, the bulls are losing all the control and volume is decreasing day by day. The Chinese FUD is getting more and more heat these days, the miners have to relocate and it will be a big task. Hopefully, we will be seeing some positive news and get some volume in the upcoming months.

You should've, because if you look at the past charts of bitcoin, the pumps of bitcoin happened even though there's only one month left in a year plus I don't think it's not that bad to believe that bitcoin is going to be going for another ATH because bitcoin did this kind of thing in the past and it's not unlikely that it will do it again.

Sayeds56

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Quote from: thecodebear on July 13, 2021, 12:53:00 PM

Next year yes, this year no. Expect continue ranging at the bottom through the summer. Then in the Fall breaking out of the bottom and starting to build back up. Over $50k by end of year. Probably get back over $60k about a year after it first achieved that price (Feb/Mar '22). Moving up over $100k next summer.

By the End of 2021 yes, we will see new All Time High as predicted by most of Technical analysts but it might go down further to 25K before it bounces back. Currently Bitcoin is Range bound since many weeks and moving between 36K to 30 though one time it went down to 28K but it quickly bounced back from there as huge buying came in at 28K.

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Quote from: tokeweed on June 25, 2021, 03:21:13 PM

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.

You would really expect different sentiments of different people since there are people who are die hard fans and there are no coiners too which you can really expect that
there would be some clash of their opinions but as having your own will then you would really be having that kind of own opinion or views towards the market.

Asking about all time high of this year? No one knows specially now that bitcoin is really moving sideways for some time as of this moment which its really hard to predict
whether it would be going up or down.

Thing here is that you do set out goals and possible back up plans towards your analysis.

thecodebear

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Next year yes, this year no. Expect continue ranging at the bottom through the summer. Then in the Fall breaking out of the bottom and starting to build back up. Over $50k by end of year. Probably get back over $60k about a year after it first achieved that price (Feb/Mar '22). Moving up over $100k next summer.

$crypto$

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Quote from: btc78 on July 13, 2021, 06:06:27 AM

Quote from: tokeweed on June 25, 2021, 03:21:13 PM

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we are near coming the mid of 3rd quarter yet there are no sign of Bitcoin climbing up again . for several months now the value keeps on declining. so i believe that it is hard to believe another ATH will come considering that the value is 50% lower compared to what is the All Time High value.
But still there are couple of years to go so there is possibilities or there may not.

Bitcoin doesn't change for the better to reach $40k it seems very difficult so how can we get past 50% of ATH before? I think this year is indeed difficult to prove bitcoin will go back in time.
I don't know how long this sentiment will last and another one is just a dump and a pump that will determine where bitcoin will go at the end of the year, but I think after we lose 50% of ATH and stay afloat this is still worth investing in if we still believe against this bitcoin sentiment.

But efforts will definitely change and we can see in the 4th quarter later.

btc78

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Quote from: tokeweed on June 25, 2021, 03:21:13 PM

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.

we are near coming the mid of 3rd quarter yet there are no sign of Bitcoin climbing up again . for several months now the value keeps on declining. so i believe that it is hard to believe another ATH will come considering that the value is 50% lower compared to what is the All Time High value.
But still there are couple of years to go so there is possibilities or there may not.

ultrloa

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Quote from: Argoo on July 13, 2021, 01:11:33 AM

Quote from: OgNasty on June 25, 2021, 04:18:24 PM

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 think that the cryptocurrency market will grow in price terms since autumn, but not so fast that it will again reach previous price records. Anyway, this year we will not see the price of bitcoin over $ 65,000. So I don't know how about accurately predicting the price of bitcoin at 115,000 by the end of the year and the prospect of up to one million. While this is all fantasy.

Although chances are there but I also wonder if we can really reach that $65,000 digits for this year there are so many fuds spread so I guess we will see sloppy market condition this year. Maybe we can see a rise but my price guess to possibly reached by bitcoin this year is $50,000. Let's just see if we really can see that or maybe it can surpass since every prediction is not accurate so its good to closely monitor the market if we want to enter at current figures.

Wind_FURY

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Quote from: OgNasty on June 25, 2021, 04:18:24 PM

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.

PlanB’s Stock to Flow? Bitcoin breaks predictive models. In fact, it doesn’t need a model. If S2F truly breaks down, I believe it won’t cause fear or panic. It will simply be priced in, and become just “another prediction model” proven wrong. It’s only a prediction, it’s not as consequential as the Chinese mining ban.

kotajikikox

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Quote from: tokeweed on June 25, 2021, 03:21:13 PM

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.

I am following WO thread for months now things that i don't usually do but what i find is that those other account the at some point Bully on bitcoin ? now coming bearish so I will wait until the end of 3rd quarter to decide on what to do about my investments .

But I voted still for Yes because I'm not losing hope.

Maybe for another 6 months now there are still something that coming out, if this is ATh then best but if its not then lets see.

BigBos

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so far, although there is no information that can make the price of bitcoin go up, but I still believe the price of bitcoin can reach a price above that. well, even though it requires an increase of more than 100%, but I'm pretty sure it can be achieved. well, this year provides quite a lot of lessons about it. if the price of bitcoin can increase from $20k to $60k in some time, then it can also happen at this time.

Argoo

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Quote from: OgNasty on June 25, 2021, 04:18:24 PM

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 think that the cryptocurrency market will grow in price terms since autumn, but not so fast that it will again reach previous price records. Anyway, this year we will not see the price of bitcoin over $ 65,000. So I don't know how about accurately predicting the price of bitcoin at 115,000 by the end of the year and the prospect of up to one million. While this is all fantasy.

lenovop-70

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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.

Ararbermas

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Quote from: Dhaniii on July 06, 2021, 11:45:56 AM

Not sure at all for this year can reach $65k bitcoin price. for now there is no news or cases that can trigger the king of sleep, so bitcoin bounced back in such a short time. but above $35k - $45k it could possibly go up and breathe again.

it's unpredictable for now if it has possibility to reach the current all time high value. but i believe also that this year its not yet done and still possible to happen again. wherein maybe soon when market become fully recovered and there are some positive news because for sure bitcoin will surge again to the top. As of now those positive news cannot made an impact in the market because of some factors, but once market become free again, expect there's a good improvement afterwards before this year end.

ancafe

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Quote from: dunfida on July 08, 2021, 06:59:27 PM

No one knows.! Cool

If someone do know on what would happen in the future then he would make himself God damn rich.
Invest on the amount that you can afford to lose.

Neither you do make active trade or would hold like forever then you would see if your investment decisions do turn out well.Always mind off that nothing
cant be predicted on whats ahead and anything does have risk.

well, since a long time ago, no one knew exactly what the bitcoin price would be like. it's just that, looking at what's happening right now, it seems hard to see a new ATH this year. although I think that the price of bitcoin can reach a price of $100k this year, but I'm still thinking, whether the price of bitcoin can really reach a price above $40k again this year. because when the price of bitcoin reaches that, then the price will drop quickly.

dunfida

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No one knows.! Cool

If someone do know on what would happen in the future then he would make himself God damn rich.
Invest on the amount that you can afford to lose.

Neither you do make active trade or would hold like forever then you would see if your investment decisions do turn out well.Always mind off that nothing
cant be predicted on whats ahead and anything does have risk.

geegaw

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Quote from: Rasa nanas on July 08, 2021, 03:48:35 AM

I would say no, it's impossible in my opinion. currently the bitcoin price is still in a downtrend, it's just that it's still stuck around $33k. I'm not too sure if the bear market is over and I'm still sure that after this the bitcoin price will go down again. I don't expect much, I just hope the bitcoin price doesn't drop too far in this bear market.

Also can't confirm this right away because we've had a lot of pivotal months for bitcoin, I'm not clear on the events involved but the times near the end of the year are relatively a constant history of bitcoin, sometimes we don't need a certain event to help bitcoin grow, bitcoin still automatically forms an uptrend without regard to other matters, the past has been the lesson that we have consulted. Of course, the view of beliefs and the story of the past is only part of the convincing, the rest is to consider the next move of bitcoin and how it overcomes this entanglement

BrewMaster

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Quote from: tokeweed on July 08, 2021, 08:18:09 AM

But don’t forget, it could obv go either way too. One big bad news will surely make a negative impact and break everything down like a house of cards... In the end, our fate is at the mercy of however the market reacts to events outside our control. Who would’ve thought how it all panned out with China this year when we’ve already seen these happen before since 2014 and resulted to nothing. I honestly thought the China ban was just another empty threat til I saw miners running away. Lol.

you need to study events of 2017 once more. we had the same things back then also. some negative nonsense that crashed the price exactly like this after each major rise to fill the whale pockets with cheap bitcoins then the jump continued.
the market doesn't have the power to go to $10 million over night and it also doesn't have the power to dump down a lot below the bitcoin value either. it doesn't matter how much more fake bad news they come up with.

tokeweed

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Quote from: AmoreJaz on July 06, 2021, 04:43:48 PM

Quote from: milewilda on July 06, 2021, 02:34:24 PM

Quote from: Dhaniii on July 06, 2021, 11:45:56 AM

Quote from: tokeweed on June 25, 2021, 03:21:13 PM

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.

Not sure at all for this year can reach $65k bitcoin price. for now there is no news or cases that can trigger the king of sleep, so bitcoin bounced back in such a short time. but above $35k - $45k it could possibly go up and breathe again.

Would really hard to determine because we know that news could just pop out from nowhere on where everybody wasnt expecting and this had been done or happen for how many times.
This is why i dont mind that much when it comes possible price in the future or just simply within months or even in the end of the year since its always unpredictable.
You cant tell on when news specially hype and fud would happen where it is the greatest factor that could led to change of market trends.
So you should be prepared no matter what situation you might fall into.

one big news, and it may create big impact in the market. however, we don't know when and what it would take to change again the path. however, considering that we are still above 30k, which has not been in the past years, i can say, we are still doing good. but not good of course for those who bought it above 40k. those are the ones that are waiting for btc to go up and waiting for good news to happen.
we are just halfway this year, and the possibility of another bull run is always there. we just need another trigger factor that will move the market.

But don’t forget, it could obv go either way too. One big bad news will surely make a negative impact and break everything down like a house of cards... In the end, our fate is at the mercy of however the market reacts to events outside our control. Who would’ve thought how it all panned out with China this year when we’ve already seen these happen before since 2014 and resulted to nothing. I honestly thought the China ban was just another empty threat til I saw miners running away. Lol.

ethereumhunter

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Quote from: Rasa nanas on July 08, 2021, 03:48:35 AM

I would say no, it's impossible in my opinion. currently the bitcoin price is still in a downtrend, it's just that it's still stuck around $33k. I'm not too sure if the bear market is over and I'm still sure that after this the bitcoin price will go down again. I don't expect much, I just hope the bitcoin price doesn't drop too far in this bear market.

Who knows, bitcoin can get another time to increase and reach the other highest price. This year still has 5 months later to be the end of this year, so I guess we still have more times to see if bitcoin will hit the next ATH or stay at the current price or go low than the current price. We need to wait for that until the end of this year and if there is a chance for us to buy more bitcoin, we should use that before that chance leaves us.

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