Quote from: arwin100 on Today at 09:56:28 PM

Quote from: Silberman on Today at 08:38:00 PM

Quote from: Emitdama on April 06, 2022, 03:45:18 PM

Quote from: Silberman on April 05, 2022, 07:27:31 PM

Bitcoin already recovered from the crash, did it reach a new ATH? No, but that is not what a recovery actually means, after all it is unrealistic to think that bitcoin will always reach a new ATH as it is impossible for the price to always go up, so do I think that bitcoin could reach a new ATH during this year? I think that is a possibility, as more economic data is coming and things are not looking good, especially when it comes to the inflation, and this could cause people to once again look for a store of value and bitcoin is the perfect option to do something like this.

In the process of recovery but not fully recovered. Price didn't even break 50k but you can only say that btc have recovered once it goes back to its last ATh which was 68k. I don't know about you but for us a new ATH for bitcoin is possible. Sure the price don't always go up but bitcoin price go up sometimes and then stay on that level. It can go up again the next time till it reach its new ath.

You think a new ath of 69k is unrealistic? for me no because bitcoin have been on 68k before. What is unrealistic is when they claim that bitcoin will hit 1 million dollars. A 100k for btc is more possible but we should not focus on that for a while.

Then I suppose we just have different standards of what the word recovery actually means, but regardless of that I think bitcoin can do well during this year and even reach a new ATH, I just think that this is going to depend on factors that are not under our control, inflation all over the world is very high due to the economic policies taken during the pandemic and the war at Ukraine, if things keep going in this direction then bitcoin will once gain go up in value significantly during this year, but if governments find a way to slow down this process then we may have to wait until next year for a new ATH.

For now its hard to tell that there would be the new ATH will came since most of this will happen only when there's a halving came but even if there's nothing event like this coming still we can say that bitcoin is doing great at the moment. We see how bitcoin survive at Ukraine and Russian war so most provably this one got more confidence boost to its investor. Maybe for now we might not see that new ATH but let see what future will bring by bitcoin to us.

as we have no idea what events or scenarios will trigger to achieve new ATH, what we can do for this moment is how we can improve or increase our crypto portfolio. if you are a believer of this market, you don't need to wait for the next ATH to come, but you are aiming how to accumulate more coins before that event happens again. as we have different financial capability, we need to gauge how can we collect valuable coins aside from bitcoin. so when the time comes, we are not regretting for the opportunity that we should have invested on them.