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

[wahyudi]

Bitcoin (BTC), the most valuable cryptocurrency based on market capitalization, seems to have finally come back to life, after collapsing into a stupor that lasted from the end of 2017 to the end of last year.  Trading below $ 4,000 per token just a few weeks ago, Bitcoin has jumped, now more than $ 8,000 at the time this news was written.  Then followed by other cryptocurrency, including Ethereum, XRP, Bitcoin Cash, EOS and Litecoin along with it.

[Jaguar]

At this moment where bitcoin's road to 11k very possible to reach 20k in case the increase last til the month of December. Bitcoin potential to pump the entire crypto market is always available once the plan executed perfectly and the people interest still blazing to invest. Let's wait furthermore

[MrSpasybo]

At this moment where bitcoin's road to 11k very possible to reach 20k in case the increase last til the month of December. Bitcoin potential to pump the entire crypto market is always available once the plan executed perfectly and the people interest still blazing to invest. Let's wait furthermore

I again think that the price of BTC will be bounced back to $10,000 in the same way that ETH price is being pushed back to $300. The road back to ATH is too difficult, at least in 2020.
Anyway, I'm glad the total market cap has exceeded $300B.

[gotbounty]

So far, the ATH of Bitcoin is $20,089.00 USD as sold in Dec 17, 2017. Now, the price is still around $11k. It still needs around $9k again to pass the ATH. For this big amount, if the market is always positive trend like this, it may be available to reach and pass it. but the market is still volatile. So we cannot predict it indeed whether it will hit the ATH or not.

[Senin]

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?

Not sure about the all-time high, but bitcoin price should rise substantially by the end of this year. We see that a few days ago, bitcoin quickly overcame the price of $ 10,000, and then $ 11,000. Now its price, according to CoinMarketCap, is $ 11,197 and it looks like it is not going to fall. I think that about $ 15,000 - $ 18,000 by the end of the year bitcoin might have.

[vegasus]

We can hope big expectations in the crypto world. But we must also be a reality to make us not disappointed so much. Well yeah the price of the BTC increases in the very short time moving from $9k to more than $11k. But to reach the ATH this year? I don't think that it is available to do that because ATH is still so far away. It should be more than $20k.

[Alcor]

Bitcoin still has a chance this year to retrace its previous price record of $ 20,000. This can happen if we enter a period of severe global economic crisis and the demand for bitcoin and other cryptocurrencies will sharply increase due to the fact that a decentralized cryptocurrency cannot be subject to inflation, as is the case with the usual currencies of states. We see that gold has already surpassed $ 2,000 an ounce and this may be just the beginning. If the global economic crisis comes, it will be a serious test for a decentralized cryptocurrency.

[Quart]

It is to early if we claim to have ATH this year only because of the current increase. I don't think that the current increase will have a big influence to dteremine ATH for this year. It is still too far from the previous ATH. Even it is possible that in the near future will be a correction in price.

[tinakoya]

We have seen how there's an increase in mass adoption, we don't seem to be near the ATH for this year yet due to the potential shown by bitcoin. Price is undoubtedly surging and will continue to, we might even see $20,000 according to few predictions.

[ayatoslaw]

The highest price of bitcoin is around 20000 usd, and the price of bitcoin today is still around 11000 usd, there is a possibility of bitcoin to 20000 usd if the trading volume also increases, because if the trading volume increases then that indicates bitcoin demand will also increase so the price will go up.
But the question is, what will be the trigger for bitcoin to be bought? because so far the news about crypto has been written a lot but the interest in crypto buyers is still growing a little, and if this still happens the possibility of bitcoin returning to its highest price is still unlikely.

[Isiaq]

Perhaps bitcoin might reach its all time high this year it looks certain because an increase is expected after the bitcoin halving

[ayatoslaw]

Perhaps bitcoin might reach its all time high this year it looks certain because an increase is expected after the bitcoin halving

It's too soon to conclude if the price of bitcoin will go up this year, but if next year 2021 will probably happen, because if you look at the history of the chart when bitcoin was bullish, bitcoin took 1 year to go higher after the halving happened, like the 2016 halving, then bitcoin bullish in 2017, and this year's halving occurs in 2020, so it is likely that bitcoin will be bullish in 2021.
This is still a prediction, but whatever it is all back to the market, because sometimes the market moves not according to predictions.

[babu10]

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?

Yea, BTC now $11750 and its the high rate at this moment and i think it will hit atleast 15k$+ if all good news carry on. There are a barrier actually in 13500$ i think and if it cross we may hope to a high rate end of BTC that was expected by all.

thanks.

[Astra]

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?

It may well be. However, most likely, Bitcoin will be able to approach the price record as early as next year. For the remaining four and a half months, the price will increase by more than eight thousand dollars, it is unrealistic,  considering that it is unlikely that it will be able to constantly grow in price until the end of the year.

[comer]

it's not yet certain, 4 months to go and the year 2020 will be close but BTC price still struggling to rise. am still optimistic though but I'm not expecting anything to happen. I'll just be happy if it reaches to $15k before the year end. BTC touches $12k recently but it does not hold any longer not even an hour it collapse again to $11k.