Topic: Will BTC Go for Another All Time High This Year? - page 7. (Read 2240 times)

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.

I guess that is the only logical option isn't it ? Thinking about how bitcoin is not something that anyone can have a sure answer to, that should probably mean that we should not be looking to know what the price will be, we can "guess" but then it is just made up assumption and nothing more, that is why I doubt any of this really matters.

However in this case there are three main options, do we think it could reach new highs? Do we think it won't, or do we have absolutely zero idea? Not in the sense that "it WILL go to new ATH" but more like "it may" in the answers, so if you think it "may" go there then you pick that, and if you think "it looks unlikely" then you say no, and if you have absolutely zero idea what is going to happen then all you can do is click no idea. These type of prediction stuff usually do not mean that you should be absolutely 100% sure of what is going to happen, it is just based on your assumptions.

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.

We already witness the bull run, we should also be prepared to face the bear market.

There are only two sides of the market situation in crypto, one is bullish, and the other is bearish, it should always be that way as the market is always volatile. If you can't handle it during the time it's bearish, then you don't deserve it when the market is bearish.

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.

It may still be possible between the ranges mentioned but this effort must be stronger than the various resistances that exist I think bitcoin has now lasted longer than half ATH now we will see how it will go up or down which is important in the middle of this for sure It's not going to happen after a few months of holding on and indeed this analysis should be strong in light of the speculation we're talking about.

In fact I also wouldn't be surprised if it hit ATH again this year which is different from the previous one and a bit more resilient to bad news attempts than the previous year which was so weak, so a big FUD won't affect the exaggerating price.

For sure, we must not sell the coins below the price we bought them because that's insanity. If you are in the crypto trading you must be well prepared for these swings and they are nothing new neither, we have seen such things happen almost every year and sometimes a couple of times within the same year, so nothing to panic about or fear about.

I would go even one step further and think like this: Okay the market is down but what is the most likely movement from this point? Surely the movement will be upwards from here at least it's much more likely than price going even more down. You bought bitcoins for a higher price, no problem, just wait it out and selling at loss is probably the worst decision, unless of course, you need the money badly for something else.

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.

Indeed, we could see bullish months ahead, but it could be a dead cat bounce as per previous history from bull seasons. But that could be a great opportunity for bitcoin to take another bullish rally if we get huge volumes in that time. In the meantime, we need to wait for the rebounding to see whether market will take another bullish rally or going to start the bear market after that dead cat bouncing.

I like how you've chose to enter the “No idea” option in the poll. It's like purporting that whoever picks “Yes” or “No” is damn sure. 

I guess that August-September will be a bullish period for all cryptocurrencies. I obviously chose “No idea”, because you can't be sure for anything in the field of these fully-fluctuating commodities. The thing is that, you can't know how many dollars it'll reach. I follow the S2FX model, but that's just for the long term (which seems also promising). In these, relatedly, short periods you can't have a clue for the ATHs.

We are slightly over the mid year with a few months to go before the year ends and so far we have not received any bullish news so great to cause a reaction of price such that we have a new all time high and I honestly don't see this happening this year either.

Precisely and am with you on this one, price is kind of in some kind of consolidation phase and once we out of it then we know what price wants to do.

Hopefully, that can happen soon in a few months later, before the end of this year. If there is the next ATH, the price will be more than $64k and maybe that will be at somewhere in $75k-$85k. But it is hard to predict that since the bitcoin price does not break $40k and needs more time to wait for the price to start the rally. I consider that this bearish is the calm down moment because the bitcoin price is not rising too high or too low. The good news is we can still make a profit from the situation, although we are hard to analyze the time to enter the market.

I am not a good analyst but I strongly feel the price of Bitcoin by the end of this year would be between 50k and 60k the same which was at the starting of this year. The price moves up in the last quadrant of the year and if any bull run occurs now, I am sure we will be close to our already achieved ATH and the next year, surely the price will be much higher than the current ATH.

These are my speculations though and I have been proved wrong several times, I am ready to get surprised with a 100k within this year but I am not expecting it quite yet.

There are two types of people I have seen in almost every market. One who hopes for the best and settles for the average and the other who expects the average possible outcome and gets surprised with the best outcome, I find myself as the latter one.

Right now, the current movement of Bitcoin is sideways. Its hard to know where it will be heading.

2 scenarios.
1. If it goes down below $30,000, the chances of a bear market is high at this moment and it could start the bear market too.
2. If it goes up above $40,000, the chances of Bitcoin trying to break down its recent ATH is high and we might see a new ATH at this time.

As of this moment, its hard to predict but with that 2 scenarios that I had in mind I know that will happen if one of them will happen which will happen anytime soon . One of the scenarios that I shared might happen at the 3rd or even 4th quarter of the year .

The only problem is that whatever we feel, the opposite happens. During the pandemic last year, bitcoin went as low as $5-6k and there was a nervous trader inside me who was holding tight the small amount of coins I had but felt like I might witness the end of the cryptocurrency era that last for nearly 10 years.

We all know what happened next? Boom! We reached nearly 10x the value of that price within a span of 6-8 months I think. Now we are all expecting a price jump during the end of the year and no doubt it can happen but given the nature of the bitcoin market, I will stay away from making any trades for the time being. Once even a small bull run starts, I will go big-time buying in because the bull run lasts much long than the bear run.

The votes says it well mate and that is Yes Bitcoin will still making another ATh before this year ends and i think this is what we can expect from what the market is showing us.
WO thread is neutral at this point , some says bear but others are still Bull.

But what we are seeing is just another trend changing all the time this middle year but what about when the 3rd quarter rolls up?

I'm still positive that at least 65-70k is coming our way this 2021.

Until December market could rise, so crypto bull run is not over yet.It doesn't make any difference to me becasue I don't have any more cash. I wish buying more soon if manage to sufficient cash. Unlikely we have been experiencing meme coin season rather than real crypto coin season. From my perspective, complete crypto season has not even started yet my friend.

As far as 2017 goes the proper pullback was over the summer with the big fork and confusion on the disagreement there it was certainly a big speedbump that slowed down progress.  Of course some really did move across to a completely different blockchain thinking that was the future, it was a kind of damage but also purging not quite as negative as it might have first appeared.   The later ban by China was a savage but fairly brief sell off and quite a few people were caught off guard by how fast it recovered; again not quite the negative many assumed it must be.  Surprisingly price action far exceeded those previous levels, that led to a blow up kind of action also related to transaction fees also.  
  To compare to now, its a slow pullback not fast blip so I do think higher but could easily take more then the next 6 months to play out.   Just part of the landscape is how I see it because the scale of this move was far larger  more time is justified and still normal.   The fairly steady way its moved also makes me think its resolving in process filtering layers from retail to business and integrated investment.  BTC typically appears to trigger situations technically a few times before finely moving, needs a few rehearsals.  50 day underpinned the highs most of this year, its our cloud cover at present.

I think that we will have another ATH this year.  As far as  I can remember the ATH last 2017 were recorded somewhere around Sept.  so I think history will repeat itself.  Aside from that the current dip is just some sort of retracement, eliminating weak hands in order to prepare BTC for another rally to hit another ATH before the bear season comes.

I am expecting something similar, bitcoin went down in price and now it is ranging and it does not seem as this is going to end anytime soon and I understand why people are getting desperate especially if they lost money since they got the FOMO and now are regretting their decision to buy when they did, but I think it is almost inevitable that we are going to see new all time highs by the end of the year as the fundamentals of bitcoin are too strong for this to not happen.