With this recent surge in BTC, is it possible to have all time high this year?

[vicoma4real]

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?

[Leonardo]

It's difficult to say. Let's see what happen right after the halving first. After a long time of bear trend, many people lost their patience and will cash out when the price increases in the eve of halving. Generally, we can expect a new ATH this year or next year. But Covid-19 pandemic can also be a prevention to that.

[Octoalts]

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'm not sure, but I have very high expectations. Just two days the value of Bitcoin has gone up, now the price of Bitcoin has begun to fall again.

[MrSpasybo]

I still only hope that the price of BTC will be kept safe above $10K in 2020. Of course everyone wants the price of BTC to reach $30K next month, but don't forget the $4.5K level in mid-March

[UNIVERSE]

It was yesterday, just look at the current price, it has declined. The current price of BTC is around $8,725. I am pretty afraid that this can be lower again. But yes, I expect to see it increase more than yesterday exactly. I hope Halving trends still work to influence investors to buy more.

[Andruha1993]

For some reason, it also seems to me that this year we have a record high. And Bitcoin is already demonstrating this on the roar. Therefore, we need to be patient and see what happens next.

[pelana vreo]

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 are many predictions about the rise in the price of Bitcoin at Halving BTC in May, investors will certainly await the achievement of the new ATH so that it can surpass the BTC price in 2017, but all of that will happen when there are many requests from new investors and traders who want Bitcoin is high in number, this will certainly increase the price of BTC and I think the price will rise rapidly this year.

[I-Bit]

The ATH of Bitcoin was $20,089 on Dec 17, 2017. I think we are still far from $20k, so I doubt if we are going to reach a new ATH this year. I think the possible highest rate of Bitcoin this year below $15k. I am not confident to say more than that rate, let's hope a new ATH in 2021.

[Noverteno]

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 is unlikely to make it to a new all-time high this year. Now the period of downturn in business activity has already begun in the markets, including the cryptocurrency one. Therefore, until autumn, and, most likely, the second half of autumn, the price of bitcoin will not significantly increase. Bitcoin is unlikely to be able to double in price in the remaining short time by the end of the year.
We should look more forward to next year. However, one should not forget about the coronavirus pandemic, it may well make its own adjustments to the price of the cryptocurrency.

[Prime]

Although the price of the BTC is increasing, I think that it is still difficult to reach or pass its ATH again this year. We can only hope that it will reach around $13k and it has been so pleased. However, who knows? If it really can reach its ATH, everybody will be surprising and happy to see it

[Bobcrypto]

The possibility of Bitcoin hitting another all time high can't be ruled out this year. In crypto any thing can happen, and hitting a new records is still very possible by the end of the year. In 2017, no one expected BTC to hit $20k, and I think there are chances the first crypto to make another all time high by the of this year. In crypto, any thing can happen

[Cici Lee]

Bitcoin's currency value is not quite the same as these real-world monetary conditions. Bitcoin itself is more like a financial commodity. I think one of the main barriers to bitcoin breaking a high level is time, but the process is tortuous. Production is the most critical factor in determining the value of an asset, even if the price goes up, we can't produce more bitcoin, unlike gold, which we can increase production. As the supply of Bitcoin is halved, the ratio of inventory flow to production will double to 54 (very close to gold).

[Noverteno]

The current prices in the cryptocurrency market pleasantly surprise. Bitcoin has confidently crossed the $ 10,000 price mark and now its price is $ 10,208. Ethereum also shows good results, having risen in its price to $ 327. The question still remains: is this a temporary price spike or the start of a long bull market? We will see in the near future.

[tinakoya]

It is very possible for Bitcoin to reach a new all time high this year, it's quite possible to even reach above $15,000 as the market is looking very promising. This doesn't look like a short term spike atall. Infact, many altcoins are also seeing a surge in price and it seem more mass adoption is happening in crypto space currently.

[mlawson71]

It finally broke out above $10,000, I really hope this is the beginning of a big rally!