Topic: With this recent surge in BTC, is it possible to have all time high this year? - page 3. (Read 591 times)
August 15, 2020, 09:24:16 AM
there are still about 4 months left till the end of this year and the bull market has started with a small momentum and slow rises so the chances of reaching the previous ATH are there but they are small at this point since as i said the momentum is still a small one and it needs to grow more to be able to battle all the sales that take place the closer to ATH we get.
August 15, 2020, 09:18:37 AM
I think BTC can do a whole lot of difference this year using the analysis of the movement it makes consisitently on a bullish trend, It is not to be a specific advise on investors to commit money to it but mere speculation. It hit a $3800 low and nowhas tested the $12000 resistance leve, if it breaks it then we might just have it heading for the previous ATH.
August 15, 2020, 09:13:07 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. 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.
August 15, 2020, 09:09:38 AM
A surge past the previous all-time highs of $19,800 is definitely possible, but at the same time dropping down below $3,800 is just as possible.
tldr; surprise surprise! no one knows how the markets will move!
Anything is possible, but some events are more likely than others. A drop to $10k is very likely because there was a very strong support of the price between $9k and $10k, whereas all this $11k+ stuff is relatively new. Bitcoin marching through barriers up to $20k in less than 4 months is less likely, but then again, not completely unlikely. Bitcoin would have to gain around 15% per month to reach it, and it's not that much. Dropping to $4k, however, is not something that normally happens to Bitcoin. Even a big announcement of some bad news is not likely to make Bitcoin fall that low, but something like the announcement of the pandemic in March could lead to the price dropping to $6k-$7k. All in all, I think it's more likely that Bitcoin will reach the ATH than that it would get below $5k, even though both events are pretty unlikely. tldr; surprise surprise! no one knows how the markets will move!
August 15, 2020, 09:03:03 AM
I'm also confused in which coin that halving is about to occur. Bitcoin's halving was done last May and the estimated 4 years is the next one to come.
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?
It's the reason why we have to accumulate more than you can. We don't know how much the potential all-time high price for bitcoin. 
August 15, 2020, 08:04:06 AM
This kind of scenario actually happens before so there is a chance that history repeats itself. Also, the market price of the bitcoin is volatile so no one knows. But I think just my opinion only there is a chance that the market price is the bitcoin will rise into one of the profitable market prices which is the 13k dollars before the price of the coin already reaches this price so there is a chance it will happen again.
Exactly.
I think OP were pertaining to something else. Since the halving was already done. A surge or another ALL TIME HIGH could happen or not, it's either of the two, always. However, whales are the ones who likes to confuse us, they manipulate the market in the way they can for the majority to panic, for them to gain more.
Mostly the price of bitcoin always go to the moon before the year ends. It's been 3 years already this coming December since bitcoin hits $20,000 and I think it's gonna happen again this year (hopefully) or next year. All that we can do is be patient on waiting 'till we gain profits on holding for a long time.
If the marker price of the coin will reach into 12.5k there is a chance it will hit only for 15k dollars if the market price surpasses this market price at the end of the day it will come again into the market price we are dreaming which is the 20k still this is not quite possible because there are a lot of investors right now want to support the use of the bitcoin.
This might not be far from the upcoming halving happening in the next 13 days.
Hello what you mean upcoming halving on the next 13days? Are you sure you are talking about bitcoin? It just finished last May and will take effect again every 4years. It seem you are talking a different project. Exactly.
I think OP were pertaining to something else. Since the halving was already done. A surge or another ALL TIME HIGH could happen or not, it's either of the two, always. However, whales are the ones who likes to confuse us, they manipulate the market in the way they can for the majority to panic, for them to gain more.
Mostly the price of bitcoin always go to the moon before the year ends. It's been 3 years already this coming December since bitcoin hits $20,000 and I think it's gonna happen again this year (hopefully) or next year. All that we can do is be patient on waiting 'till we gain profits on holding for a long time.
If the marker price of the coin will reach into 12.5k there is a chance it will hit only for 15k dollars if the market price surpasses this market price at the end of the day it will come again into the market price we are dreaming which is the 20k still this is not quite possible because there are a lot of investors right now want to support the use of the bitcoin.
August 15, 2020, 08:00:28 AM
It’s not improbable, though it’s quite unlikely given that it’s seeing some sort of sideways movement for a while now. The momentum has to continue in order to break market barriers, else we’ll remain stagnant at this range again. The money of the people is also important for an ATH. While traders themselves can do the run to ATH, there needs to be some external hype and outaide money to inflate the price further, and it’s not really that good for that now.
August 15, 2020, 07:56:21 AM
This might not be far from the upcoming halving happening in the next 13 days.
Hello what you mean upcoming halving on the next 13days? Are you sure you are talking about bitcoin? It just finished last May and will take effect again every 4years. It seem you are talking a different project. Exactly.
I think OP were pertaining to something else. Since the halving was already done. A surge or another ALL TIME HIGH could happen or not, it's either of the two, always. However, whales are the ones who likes to confuse us, they manipulate the market in the way they can for the majority to panic, for them to gain more.
Mostly the price of bitcoin always go to the moon before the year ends. It's been 3 years already this coming December since bitcoin hits $20,000 and I think it's gonna happen again this year (hopefully) or next year. All that we can do is be patient on waiting 'till we gain profits on holding for a long time.
August 15, 2020, 07:46:17 AM
Anything is possible with Bitcoin. We had a big bear market in 2015 where people thought it's all over for Bitcoin. We had the media tell the world that Bitcoin was just a bubble that popped and comparing it to the tulips. A year later we were at the all time high again and another year later we had a new ATH. I don't see it going this fast now and believe that we'll have to wait another year, but if by any chance we went past 15k, we probably wouldn't stop until 20k, so let's wait and see. At this point we are setting up for either a bullish breakout or a triple top at 12k which would be bearish.
Early this year, hours after the news from WHO , the pandemic is here, it is almost a hellhole for Bitcoin. There are many people thought bitcoin will fall down to $1500 range or lower. They thought keep fiat in their pockets is the best choice. Terribly, two weeks later, bitcoin rallied too much and in the same period, many governments printed more paper fiats that force the value of fiats down.Bitcoin is the best.
August 15, 2020, 07:42:17 AM
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?
halving in the next 13 days
the bitcoin will reach the ATH in 2021 i think (*my thought)
the price up right now i called the first wave, so from now on its better to save some bitcoin
August 15, 2020, 06:54:47 AM
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?
Many people globally might have avoided having contact with fiat to avoid contracting covid-19 especially in countries were locked had been enforced thus diverted their attention to virtual sort of currencies particularly using bitcoin for most their online transactions I believed this might be one the factor responsible for the sudden surge in the price of bitcoin, be as it may ATH is quite possible this year except if there is usual whales manipulations or government clamping down on crypto related business in places where bitcoin is well adopted. 
August 15, 2020, 06:43:00 AM
Not sure about this that will it be ATH high or not but yes, we will have it for sure, if not this year then it will be next year. The regain of 10k levels itself is an big achieving for now and also trying to break that 12k levels in short time shows how much demand the bitcoin is having at the current movement. Post Covid 2019 we will see some changes and crypto will become more and more common in our daily lives too.
August 15, 2020, 06:40:20 AM
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?
The reason why all time high will not happen this year. World wide is affected by this pandemic, many people lost jobs, many people need money, many people wants job and lastly many people would provably save their money to last till the end of this pandemic. So I think the price will not go to all time high because of this reason, many investor or newbie investor now in need cash than bitcoin. But there's no impossible with bitcoin let see if bitcoin will make it.
August 15, 2020, 06:38:32 AM
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?
Bitcoin halving is already finished before it's price goes up again. No body can predict the future of bitcoin but everything is possible. So,let's just hope that the value of bitcoin will keep on increasing and give another ATH this year. If that will happen any investors will surely celebrate to have more profit again after the 2018 ATH.
August 15, 2020, 06:30:30 AM
Anything is possible with Bitcoin. We had a big bear market in 2015 where people thought it's all over for Bitcoin. We had the media tell the world that Bitcoin was just a bubble that popped and comparing it to the tulips. A year later we were at the all time high again and another year later we had a new ATH. I don't see it going this fast now and believe that we'll have to wait another year, but if by any chance we went past 15k, we probably wouldn't stop until 20k, so let's wait and see. At this point we are setting up for either a bullish breakout or a triple top at 12k which would be bearish.
August 15, 2020, 06:30:10 AM
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?
Yeah, its obvious that bitcoin will keep on accelerating,
Even in next one week it might surprise people again how bitcoin will rise to another level.
I understand that into cryptoccurrency their is hope if you invest with larger capitals and exercise patients for it to rise.
I could remember the value of btc immediately corona virus started but now look at the values of btc currently.
August 15, 2020, 06:29:22 AM
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 don't think BTC will be able to get enough momentum to hit its all time high this year. 3 months and a half of month left. Furthermore, the history of BTC shows it only reaches its new all time high approximately 1 year after halving days. It happened for several times and I won't wait for the exception this year, after this halving.https://ihodl.com/infographics/2018-04-09/chart-day-bitcoin-reward-halving-and-price-history/
August 15, 2020, 06:16:43 AM
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. 
August 15, 2020, 06:13:42 AM
A surge past the previous all-time highs of $19,800 is definitely possible, but at the same time dropping down below $3,800 is just as possible.
tldr; surprise surprise! no one knows how the markets will move!
tldr; surprise surprise! no one knows how the markets will move!
August 15, 2020, 06:04:35 AM
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?
There will be no new all time high this year because of many reason and bitcoin will just hit the level of $15k before the year end. We make many speculations and get hyped by the new projects and adoption in the market, but bitcoin is still not that high. The bottom of $3k with bitcoin didn’t last that much and its good for us, we still have the chance to make new ATH next year but not this year of pandemic and economic crisis. Jump to: