Quote from: Republikcoin.com on Today at 03:41:17 AM

Quote from: Al Qiyamah on Today at 03:20:16 AM

Since entering 2022 Bitcoin has indeed shown a downward trend even though it has only been up for a while, and now it could be because the world economy is also in a bad condition, Bitcoin will also be affected. But we can't speculate right now, since the correction is still going on for Bitcoin, we'll see near the end of the year if Bitcoin can hit a new ATH.

^{Image Source: https://coinmarketcap.com/}

It seems that it will be very difficult to achieve new ATH on Bitcoin if you look at the current conditions because you can also see for yourself at the highest ATH point that Bitcoin has ever reached and try to compare it with the lowest point ever reached this year, it must look very far and also won't be able to get new ATH any time soon including this year too.

To reach the new ATH I think it will take a little longer especially now that the market is in a downward stage which allows the bitcoin price correction to continue because at this time if we look at the graph of bitcoin price movements during the decline it seems that bitcoin is very difficult to pass through its main resistance which is at $50k level so there is no guarantee for bitcoin to reach ATH any time soon.