Will BTC Go for Another All Time High This Year? - page 9.

leea-1334

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Quote from: Pamadar on June 30, 2021, 01:42:12 PM

Quote from: leea-1334 on June 30, 2021, 12:05:31 PM

We have not had more than a few new ATHs in a stretch so I would feel we are still due a few more:)

Very possible to see more, with how the market repeating itself it's best to keep your assets safe.

And if you do have more money to spare buy at this range and wait for the market to pump up before selling your coins, there's a good potential that the market will show for more bull after this correction, last quarter of this year may bring good market valuation as cycle
will turn between bear and bull.

Oh of course for sure,,, I am not keen at all to put my crypto into exchanges and DEXs and all that,,, not when it is so volatile and rug pulls happning everywhere. I think even those people wrapping their Bitcoins into Polkadot and pNetwork and what not if one of those networks exit scams they will be a lot of blood.

Just keeping BTC safe. Even if 100k ATH this year or next I am not selling, just enough for a bit of money and then wait for next ATH in 2025;)

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Quote from: Questat on July 01, 2021, 09:33:40 AM

Quote from: Lorence.xD on July 01, 2021, 04:19:22 AM

I think that we will see another ATH before this year ends, I think that with 6 months or so left, bitcoin can still do something miraculous and get another ATH or probably two more ATH. I always believe that when bitcoin is constantly on the low, the price will rally real high kind of like an arrow being pulled back.

We can't be hopeless anyway and yet the market price of Bitcoin still healthy but that gonna be impossible to make another run surpassing $60k within this year. I'm not really thinking negatively but sometimes we have to accept that not all the time the market is in bullish season and the fact that most of the experience we have in the previous years, the bear season will follow next to Bullrun. And I think, we might face that again as we are done with the great season of the market.

We can hope to see the bitcoin price back to $60k before this year ends. But we do not know when this bear market will end, but we can feel relieved as the bitcoin price is not go down below $30k and hopefully, it will not drop too deep. I agree that the bull run can come again this year before the year-end. Meanwhile, we need to enjoy this moment and still make a profit from buying low and selling high.

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Quote from: Lorence.xD on July 01, 2021, 04:19:22 AM

I think that we will see another ATH before this year ends, I think that with 6 months or so left, bitcoin can still do something miraculous and get another ATH or probably two more ATH. I always believe that when bitcoin is constantly on the low, the price will rally real high kind of like an arrow being pulled back.

We can't be hopeless anyway and yet the market price of Bitcoin still healthy but that gonna be impossible to make another run surpassing $60k within this year. I'm not really thinking negatively but sometimes we have to accept that not all the time the market is in bullish season and the fact that most of the experience we have in the previous years, the bear season will follow next to Bullrun. And I think, we might face that again as we are done with the great season of the market.

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Quote from: tokeweed on June 25, 2021, 04:21:13 PM

do you guys think BTC will break out of its recent high of 65k USD this year? If yes, please explain why.

I guess that we do not need to change the old target of December month of 2021 due to recent correction. Bitcoin market is still trading stronger above $30k levels and we are having exactly 6 months of time left in this year, hence I guess bitcoin will definitely will test the old speculative level of $100k before end of this year which means the current ATH may get broken in coming months like how bitcoin was trading by the times of early months of this year.

Some people are still confident about reaching around $300k levels within this year but I believe first we need to sustain above $100k levels and then we can think about all other targets for this year.

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Personally think that it is highly doubtful.

Bitcoin has had a very significant run-up over the entire year thus far and I think given the current decline in FOMO it'll be very difficult for any further gains to be made.

I think that it is more likely we'll see a period of consolidation at this $30k level, and then see a period of steady decline into 2022/2023 where usually the hype from the halving dies down, before the resurgence of a bull market heading into 2024/25.

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I think that we will see another ATH before this year ends, I think that with 6 months or so left, bitcoin can still do something miraculous and get another ATH or probably two more ATH. I always believe that when bitcoin is constantly on the low, the price will rally real high kind of like an arrow being pulled back.

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Probably it can with such a good resistance for a steep fall, it is quite possible for us to see the new all-time high within this year. The holders are increasing because of the madness and somehow Elon Musk is also a part of this obviously. I do understand that the transaction by using BTC has been lowered due to the fees but I think there are other strong components or factors which will hold and help it to grow to reach a new high.

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Quote from: leea-1334 on June 30, 2021, 12:05:31 PM

Quote from: Wexnident on June 30, 2021, 04:58:28 AM

No. It's not that I'm bearish, but ATH isn't something common. It's like a rare event that happens once every few years, and honestly, it wouldn't even be a milestone if it was achieved for what, every year or so? We just reached a new ATH this year and I would reckon that it would take at least more than 1 1/2 years for it to stabilize. Heck, even now, the market is still unsure on whether to actually stay here or go down due to the different factors that made it go bullish at the start of the year.

Though I won't be completely writing off the possibility of an ATH this year, the chances are extremely unlikely imo.

I agree for the most, but ATHs do come in a period within of each other. I remember Bitcoin breaking 1.3k ATH then it went down, then 2k, 4k, then down a few times, then 10k was hard. After that a final stretch full of ATH to 20k then that was it.

We have not had more than a few new ATHs in a stretch so I would feel we are still due a few more:)

Very possible to see more, with how the market repeating itself it's best to keep your assets safe.

And if you do have more money to spare buy at this range and wait for the market to pump up before selling your coins, there's a good potential that the market will show for more bull after this correction, last quarter of this year may bring good market valuation as cycle
will turn between bear and bull.

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Quote from: DarkIT on June 30, 2021, 11:48:39 AM

Quote from: tokeweed on June 25, 2021, 04:21:13 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.

Now the bear market begins, it will happened in repeated circle.Their will be two option in the trading. The possibility also two sides all the time.But the ATH will mostly happened during April and November months. So you should hold at this two points in every year.

Sometimes we think that history can be rewritten but i don't appreciate this element because it is quite spiritual and impractical, instead of looking at such old figures, we might be more interested in economics as this is a possible source of further impetus for bitcoin and the economy is falling for a cause we all know. The process in a simple way is that to revive the economy, the government will pump more capital into the market and the banks, some of the money will go to gold, real estate, stocks and bitcoin

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Quote from: yhiaali3 on June 30, 2021, 01:04:15 PM

As for me, I am optimistic despite this big drop in Bitcoin. I wrote in a previous thread that I expect the price of Bitcoin to reach about 75k in December before the end of this year. This is just an expectation, of course, but it can happen because the strong correction that has been going on for more than a month for Bitcoin must be It leads to a strong bullish reaction (every action has a reaction that is proportional to it in strength) In addition, we are now in the period of bitcoin accumulating and the longer the period of accumulation you expect the rise in price to be by the same amount.

It is always reasonable to expect bitcoin to break its last ATH price because we have seen evidence that this year bitcoin has managed to hit a record 3x ATH 2017. If you consider a 4 year cycle, it could be from October to January 2022 that bitcoin price will be in a bullish trend other. Meanwhile, an optimistic attitude must always be present if we are directly involved in bitcoin trading and investing. We hope for profit, of course we always want the price to break the sky.

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As for me, I am optimistic despite this big drop in Bitcoin. I wrote in a previous thread that I expect the price of Bitcoin to reach about 75k in December before the end of this year. This is just an expectation, of course, but it can happen because the strong correction that has been going on for more than a month for Bitcoin must be It leads to a strong bullish reaction (every action has a reaction that is proportional to it in strength) In addition, we are now in the period of bitcoin accumulating and the longer the period of accumulation you expect the rise in price to be by the same amount.

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Quote from: Wexnident on June 30, 2021, 04:58:28 AM

No. It's not that I'm bearish, but ATH isn't something common. It's like a rare event that happens once every few years, and honestly, it wouldn't even be a milestone if it was achieved for what, every year or so? We just reached a new ATH this year and I would reckon that it would take at least more than 1 1/2 years for it to stabilize. Heck, even now, the market is still unsure on whether to actually stay here or go down due to the different factors that made it go bullish at the start of the year.

Though I won't be completely writing off the possibility of an ATH this year, the chances are extremely unlikely imo.

I agree for the most, but ATHs do come in a period within of each other. I remember Bitcoin breaking 1.3k ATH then it went down, then 2k, 4k, then down a few times, then 10k was hard. After that a final stretch full of ATH to 20k then that was it.

We have not had more than a few new ATHs in a stretch so I would feel we are still due a few more:)

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Quote from: tokeweed on June 25, 2021, 04:21:13 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.

Now the bear market begins, it will happened in repeated circle.Their will be two option in the trading. The possibility also two sides all the time.But the ATH will mostly happened during April and November months. So you should hold at this two points in every year.

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Quote from: ?? on ??

I am optimistic that it will go up because there's still six months or so left for the market to do it so I guess my optimism that it will reach another ATH is in parallel with how many months there's left this year.

If you remember that bitcoin took only 3 weeks of time to double in 2017 December from 10k to 19.3k then you will understand how much enough time we are still having in this current bullish cycle of bitcoin markets. I am still very much bullish toward $280k levels before end of this year. Because, instructions' and governments' funds are powerful beyond our imaginations hence they may take bitcoin anywhere near to Mars as well Wink

.

Today is the last day of first half of 2021 and tomorrow we are going to enter into all new half of this year; I mean within first half, we have seen some good rally and then some bearish actions and second half will be better than the first half as investors on board are completely different among these two time phases.

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Quote from: tokeweed on June 25, 2021, 04:21:13 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 not sure about that but it could be possible to increase and break $65k before this year. If the bitcoin price can start increasing from July-August, the chance will be bigger to break $65k and increase more than that price. But if the price can not increase more than $55k after September, it could be hard to reach $65k because the pump and dump will come and even the dip will come again. Many scenarios can happen to bitcoin and we do not know for sure. We can only prepare and waiting for that.

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Anything is possible by the end of the year, I wouldn't be surprised if the price is less than $20 000, but also if it reaches the new ATH, even if that price is between $70k - $80k only. While some will disagree, summer in the Northern Hemisphere is not a time for people to invest - it is a time for vacations, travel and time with family. I'm pretty sure that something will happen in Q4, it remains to be seen whether the effect of previous halving will be repeated or the pattern will change.

@Oasisman, @Poker Player, @zanezane, do not feed the troll - if you look at his post history you can see that he has been writing the same things for years - he is a person who obviously has serious mental problems.

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Quote from: proudhon on June 26, 2021, 11:26:27 AM

100% no. Not gonna happen. In fact, there won't be another ATH ever, which is how we know it won't be this year.

Oh it's you again.
You're missing your explanation right here. Cheesy

Well, It could be but not 100%. $60,000+ might be the peak for this year, but hey I still don't consider the market to be in the bear trend at this current rate. Not until It drops below $25,000 or the 2017 ATH.
The market has been really unpredictable, nobody is a hundred percent sure what will happens next. Besides, Btc tends to bounce back to a strong $40,000 resistance.

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Before BTCUSD price can go anywhere, it needs to break its current Range in the daily... My Strategy atm is to trade the range until it breaks. I define the range by the high and low of the daily candle from 19th May. Have a look:

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No. It's not that I'm bearish, but ATH isn't something common. It's like a rare event that happens once every few years, and honestly, it wouldn't even be a milestone if it was achieved for what, every year or so? We just reached a new ATH this year and I would reckon that it would take at least more than 1 1/2 years for it to stabilize. Heck, even now, the market is still unsure on whether to actually stay here or go down due to the different factors that made it go bullish at the start of the year.

Though I won't be completely writing off the possibility of an ATH this year, the chances are extremely unlikely imo.

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Quote from: tokeweed on June 25, 2021, 04:21:13 PM

do you guys think BTC will break out of its recent high of 65k USD this year? If yes, please explain why.

For the current price levels of bitcoin, there should be at least 1000 of reasons might have contributed and if you asked me about them by the times of one year back when bitcoin was trading below $10k, I might not able to list them out. Similarly we cannot analyze what are going to contribute to make bitcoin to test ATH but it will happen on its own. Probable and simple reasons could be individual's investments and then FOMO.

Moreover, the basic economic rules of bitcoin must be the core reason to have new ATH repeatedly.

Bitcoin must be first and probably only one asset with well defined limited supply which must be more than enough supporting factor to remain confident about another ATH in coming months regardless of whales manipulations.

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