Topic: With this recent surge in BTC, is it possible to have all time high this year? - page 2. (Read 567 times)
August 17, 2020, 04:34:24 AM
Given the current state of the economy, it could be possible. People would be more willing to divert their funds to cryptos instead of their investments in the stock market given its uncertainty. With the government busy dealing with the pandemic, it seems to be a pretty far stretch for any government to implement favourable policies for cryptos in general.
August 17, 2020, 04:23:44 AM
My opinion is that this current surge up is a big bull trap. The global markets are at the point of collapsing like what we have seen in March. So I expect Bitcoin to first go down with it to around 6500-8500 before the end of the year. Then Bitcoin will move up against the markets and we will see new ATH in Q1 2021 and after that, it will slowly start a new bull run with a top of around 120k per bitcoin near November / December 2021.
If we just follow the flows of bitcoin and compare the past then this is my prediction.
If we just follow the flows of bitcoin and compare the past then this is my prediction.
August 17, 2020, 03:52:17 AM
That was some of the same thoughts that some people had in the year 2018 because Bitcoin also reached another all time high that time. It was really surprising because those were the years when I was currently learning on how does the whole Bitcoin-Blockchain Technology was working and knowing Bitcoin, it can always present that possibility. Everything is unpredictable and all we can do is support and keep reading news on what is happening next to Bitcoin.
August 17, 2020, 03:40:58 AM
Now we are seeing advertisements on main TV channels like FOX and CNBC for blockchain and banks are buying up BTC by the truckload. I think we can reach previous ATH at least by the EOY and there are predictions that by end of 2021/2022 we can go anywhere between 50k to 250k USD per btc. It is nice to try to own at least ONE BTC in our lifetime to pass on to our kids and grand kids. I am also thinking that more and more institutions and pension plans, hedge funds will use BTC as a hedge against inflation and the tumbling price and value of FIAT.
Or not ..The fact that the 2020 pandemic haven't finished yet ruin the world .. especially on financial market yet we can still expecting the unexpected, i mean who knows later on there will be another huge waves of infected people causing chaos and yet another fully businesses lockdown , guess what would happen on bitcoin itself? A rock bottom?
Every possibility are very widely open now.
Play it safe the only way to survive thesedays, otherwise if you go being speculator you might could ended up just like those people who got depressed and having a miserable suicide.
August 17, 2020, 02:24:26 AM
It is too early to conclude Bitcoin will reach an all-time high price this year, as it is currently still at $ 11,800.
Still too far from the all time high price of $ 19,000. If two months from now Bitcoin manages to hit a price
of $ 15,000. I believe Bitcoin can again reach the all time high price.
Still too far from the all time high price of $ 19,000. If two months from now Bitcoin manages to hit a price
of $ 15,000. I believe Bitcoin can again reach the all time high price.
August 17, 2020, 01:48:50 AM
Now we are seeing advertisements on main TV channels like FOX and CNBC for blockchain and banks are buying up BTC by the truckload. I think we can reach previous ATH at least by the EOY and there are predictions that by end of 2021/2022 we can go anywhere between 50k to 250k USD per btc. It is nice to try to own at least ONE BTC in our lifetime to pass on to our kids and grand kids. I am also thinking that more and more institutions and pension plans, hedge funds will use BTC as a hedge against inflation and the tumbling price and value of FIAT.
August 17, 2020, 12:52:48 AM
Bitcoin can have an all-time high this year, and I think we already saw that before when the price almost touched $12k, and the price now traded at $11k level.
Bitcoin can have its ATH again every year, it really depends on the demand based from speculation. It is still early to conclude how high bitcoin's price will be getting this year, we still have 4 months to make it in $20K mark. Bitcoin stayed long at $9K, and before that it stayed long in $7K, now it is saying at the price range which will mostly be just doing its habit. The price resistance is climbing on the ladder so I don't wanna make conclusion this year until December, more people would probably be looking for bitcoin in December to start the 2021 for a long hold.So if we take a look at the price now, perhaps, the price will stay at $11k-$15k for a long time before it will increase more than $15k. I wonder what will happen in the next 4 months, whether the bitcoin price breaks $19k or it will stay at $11k-$15k. But the chance for bitcoin price to increase so high will still wide open, and bitcoin price will get the new ATH. I am not sure if the new ATH will happen in December this year because we still need to see how good bitcoin price moves in the next 4 months later.
It will increase again this month or next month, so when the price can pass $12k, that means we have touched the next high price, which is happening this year. No matter if the price will go down below, the price will be back to the high price, and it happens repeatedly, so we can see bitcoin price will touch many new all-time highs.
Bitcoin is so unpredictable, yet we always see what we anticipated, maybe that's the work of decentralization and mass speculation. I'm very positive with bitcoin, sooner or later we'll see it on the tv broadcasts again.When we see bitcoin is on tv broadcast, that can make another shock for people out there because they will not think that bitcoin will get the new ATH since the last ATH. They will amaze, and then they will start to buy bitcoin at a high price, but that will not be a good idea because people need to wait for a while until bitcoin price can adjust the price or down for a moment.
August 16, 2020, 06:51:57 PM
All time highs this year can happen. Seeing that there are still many months remaining this year and the more difficult it is for Bitcoin to be mined because of the halving, then ATH can be obtained at the end of the year. But again, this is just speculation from my point of view. Don't use it as a standard because everyone has different predictions and research.
August 16, 2020, 01:02:00 PM
We can't predict the market changes of bitcoin in a very precise manner. In any direction the growth could happen in no time. Bitcoin is highly volatile, same as that is the growth. Maybe a new ath for the year can happen, but there is very small chance of bitcoin reaching the new ath surpassing the previous ATH value.
And maybe never even though some of it is absolutely right. To reach the highest price, I think it must be preceded by an increase in demand. Limited supply can affect future price and we never know if this will happen in 2020 or in the next 10 year.Trading and investing in my opinion is still an option to profit from bitcoin. If both are done correctly, then we shouldnt expect bitcoin to record the highest price increases this year. It's still profitable so far, so use your best chance
August 16, 2020, 12:04:36 PM
We can't predict the market changes of bitcoin in a very precise manner. In any direction the growth could happen in no time. Bitcoin is highly volatile, same as that is the growth. Maybe a new ath for the year can happen, but there is very small chance of bitcoin reaching the new ath surpassing the previous ATH value.
August 15, 2020, 09:00:02 PM
....This might not be far from the upcoming halving happening in the next 13 days...
Wait, am I missed something very crucial here? Will there be another halving after happened the last May of this year? I think several times but I do not find this news about the next halving in next 13 days. hello OP< are you wake up and stay here? Please confirm it. Or did you miss the news update and you thought that it is still on the past news update? Or I that missed this information?
. But I'm very sure that there will be no next halving this year simply because this event only happens every 4 years. And for that reason, that was impossible for it to happen again next next week. Maybe OP is confused or he simply copy-pasted his post from previous posts. With regards to new ATH, I also don't think it will hapoen this year. Though btc's bullish run continues, the remaining time for it this year is small already. I don't think it will make it in less than 4 months. I guess the least price it can achieve is maybe somewhere around $15k (I'm not sure either lol).
August 15, 2020, 07:45:00 PM
....This might not be far from the upcoming halving happening in the next 13 days...
Wait, am I missed something very crucial here? Will there be another halving after happened the last May of this year? I think several times but I do not find this news about the next halving in next 13 days. hello OP< are you wake up and stay here? Please confirm it. Or did you miss the news update and you thought that it is still on the past news update? Or I that missed this information?If BTC can recover like this from $3800 and now trading above $9000
I think that you have just wake up this morning and then making this thread before aware of the recent situation. Today, the price of BTC has hit $11,865.31. $9k was several weeks ago.About ATH this year? I don't think it will happen this year. reaching around $15k is good enough.
August 15, 2020, 05:14:02 PM
Hello to all. Every day, I also ask myself more and more often - is a new historical maximum in the price of Bitcoin possible this year, judging by the schedule of recent months, I really believe in it. Although - this is the crypto market - anything can happen. Price can easily show a new all-time high, as well as collapse and "refresh" 3K. I often began to notice that before a certain movement in the price of Bitcoin, a huge number of predictions appear - but, subsequently, the price does not follow one of the scenarios, so let's just wait, because this year there are 4.5 months left. We will not in any way affect the price, with all our Wishlist combined. We only have to wait, hope and believe.
August 15, 2020, 04:36:50 PM
Despite the pandemic and the current situation throughout the world, BTC keeps on surging upward in price. This might not be far from the upcoming halving happening in the next 13 days. If BTC can recover like this from $3800 and now trading above $9000, it is likely to speculate that we might have another all-time high this year?
I actually had to double check the date of your post to ascertain I was certainly reading a post in the past. But that isn't so. Sadly, this is today's post but the issues pointed out aren't actually new.Bitcoin halving? Happening in the next 13 days? But hasn't the halving already happened a few months ago? It's been more than two months that event happened and other events have almost overshadowed it. Going forward, we should know that despite the pandemic Bitcoin is still surging. A break of the ATH is almost certain now.
August 15, 2020, 01:57:07 PM
Despite the pandemic and the current situation throughout the world, BTC keeps on surging upward in price. This might not be far from the upcoming halving happening in the next 13 days. If BTC can recover like this from $3800 and now trading above $9000, it is likely to speculate that we might have another all-time high this year?
If the price manages to break the $12,000 and remain above the $12,000 for a long time then will have to face the $13,000 that the last time I remember seeing $13,000 was last year when afterwards the price dropped a lot, I believe that many people are waiting to see if it will break the $13,000 and if it has managed to stay above $ 13,000 for a long time. I do not believe that this year the price reaches $20,000, I think this is an impossible mission
August 15, 2020, 01:48:10 PM
The possibility of the cryptocurrency market to experience a huge surge this year is possible and as such; we should be expecting a bullish trend throughout this year. Bitcoin has started doing good into 2020 and the end will be favourable. Going by the influence of the current #defi projects ravaging the entire cryptocurrency market, we're going to see another all time high this year.
But, we should be mindful of the volatility which we know bitcoin to be, as not buy into the top: like what happened back in 2018. There is good take home for long-term holders and even the short-term holders.
But, we should be mindful of the volatility which we know bitcoin to be, as not buy into the top: like what happened back in 2018. There is good take home for long-term holders and even the short-term holders.
August 15, 2020, 01:27:42 PM
Its too early to forecast new BTC ATH right now but if the current uptrend in price remains for a span of several months, I think there could be a possibility it will reach new ATH but I guess it will not be this year, rather in the first quarter of 2021, hopefully. 
Extending yourself in anticipating the market movement will helps you to hold longer, it's the best way to keep your support, instead
of trying to predict to make it happen much earlier it's best to keep monitoring and let the up and down to pass on.
There are many possibilities why we are seeing this even there's pandemic crisis, in the bright side people are now looking for alternative
ways to earned and most of those who got stuck inside their house able to see this venue of investment, with this interest we can expect
that another great market movements are waiting for our investment, just keep observing and enjoy the trend.
August 15, 2020, 12:42:47 PM
Bitcoin can have an all-time high this year, and I think we already saw that before when the price almost touched $12k, and the price now traded at $11k level.
Bitcoin can have its ATH again every year, it really depends on the demand based from speculation. It is still early to conclude how high bitcoin's price will be getting this year, we still have 4 months to make it in $20K mark. Bitcoin stayed long at $9K, and before that it stayed long in $7K, now it is saying at the price range which will mostly be just doing its habit. The price resistance is climbing on the ladder so I don't wanna make conclusion this year until December, more people would probably be looking for bitcoin in December to start the 2021 for a long hold. It will increase again this month or next month, so when the price can pass $12k, that means we have touched the next high price, which is happening this year. No matter if the price will go down below, the price will be back to the high price, and it happens repeatedly, so we can see bitcoin price will touch many new all-time highs.
Bitcoin is so unpredictable, yet we always see what we anticipated, maybe that's the work of decentralization and mass speculation. I'm very positive with bitcoin, sooner or later we'll see it on the tv broadcasts again. August 15, 2020, 11:22:16 AM
The shortest answer is yes because we really can't say that it's impossible. It's unprobable though at least to me.
Bitcoin is like a train it needs a lot of time to gain speed but once it happens it's hard to stop and usually outperforms. If we break 20 thousand we will not stop at mere 25 or 30.
Bitcoin is like a train it needs a lot of time to gain speed but once it happens it's hard to stop and usually outperforms. If we break 20 thousand we will not stop at mere 25 or 30.
August 15, 2020, 10:54:05 AM
There are specific reason for the current rally in price just like it was in the past, people have speculated that the price is going down due to pandemic and economic crisis but no one is certain of the future of the bitcoin. It may go up and attain or ever surpass the all time high price. If you wanna take the risk it is left for you
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