So, Bitcoin's been chilling around the $116k to $117k mark, which is pretty encouraging for the market lately. I feel like if it can push past $117k and hit $118k, it might easily reach $120k this month. If that happens, the chances are high that we could see a new all-time high, but there's a catch. If the market doesn't break through and starts to drop, we might see it fall back to around $115k.
If we manage to get past $120k soon, that could trigger a bigger surge and help us reach new highs. Plus, if we see some monetary easing, that could lead to a good influx of money into Bitcoin, and an ETF approval would also send a strong positive message for Bitcoin. I'm thinking there's about a 70% chance we could hit a new ATH this month. What do you guys think, how realistic is that?
Chance of Bitcoin hitting its ATH this September?
19 replies 274 views
kevintokenFull Member
Posts: 33 · Reputation: 285
#2Mar 17, 2025, 01:31 AM
Some people are predicting already that bitcoin may hit $120000 today or maybe tomorrow, but I think it should be soon even if bitcoin is unable to hit that today or tomorrow.
Miners are not really selling, I also read that there is bitcoin exchange outflow while many people are not ready to sell. That is showing that bitcoin may increase the more.
But I do not know if there will be all tme high or if the price will increase more significantly.
chad_yieldMember
Posts: 20 · Reputation: 152
#3Mar 17, 2025, 03:16 AM
I dont know the probability but I think at this stage there is a possibility of it happening.
Percentage wise IMO - 50%!
If the question had been asked at the start of the month I would say the probability
was very low considering September historically is a "Red" month in which the markets
have been kind of bearish. So I'm surprised that the markets are up so high TBH already
and I will be even more surprised if a new ATH is reached in september.
Already the guys voting for a "Bullish" September have got it right >
https://bitcointalk.org/index.php?topic=5557662.0
mike.minerMember
Posts: 3 · Reputation: 84
#4Mar 18, 2025, 04:06 PM
while making predictions, everyone makes different comments and it is normal to make these comments. However, some of the comments are a bit too much. I don't know how they make these predictions but they should make predictions based on the market conditions.
There are many people who make predictions randomly and keep them as a prize. I think it is doubtful whether they will be able to go to such a position tomorrow but they may go again.
kevintokenFull Member
Posts: 33 · Reputation: 285
#5Mar 19, 2025, 01:07 AM
You are very right about this, I always do not like it in the past but I now prefer to go for how I think about it because I also make my own analyses. It is true that as you will see analysts and traders saying the market price of a coin will increase, you will also at the same time or almost at the same time seeing another analysts or traders saying something different. Just make your own analysis to make your own predictions.
Bitcoin is likely to make a new ATH this month but we thought that when it reached $116k-$117k after a strong weekly performance, it looked like it was approaching a major supply zone, but you notice that the market is now going down, maybe it doesn't signal a push to new heights. Bitcoin is not yet fully developed this month, I think Bitcoin needs to continue to grow to intact its current upward trend.
Currently, it appears that the Bitcoin market is undergoing a mild correction, possibly due to the upcoming Federal Open Market Committee meeting and expectations of an interest rate cut.
This assumption is unlikely to be correct as the likelihood of prices peaking is still low, by the way I don't think there is a 70 percent chance that Bitcoin will create a new ATH this September, currently many analysts have stated that the crypto market is stagnant.
I expected that the market should get to $120,000 before we can be mentioning if bitcoin will make it to all time high, if we look how far it has went down to as low as $107,000 before getting to this through it recent correction, then also, considering the market sentiment for this month on how it started bearish, it's likely we get to $120,000+ before this month ends, we have to keep on speculating to see how the market reacts further more.
As long as the year hasn't ended yet, the thought of these predictions can still be valid as we're still in a bull run. And with the cut rate, I think that there is a chance that it may back to $120k any moment now. Maybe if not today, some other day. But sometimes, we can think of this when the majority is bullish, could it be a sign that the a correction might occur? because that's usually what happens. Yet, we'll see.
We can just speculate but we cant really be so sure bitcoin will go in succession to what we predict about it. I also see a possibility of bitcoin going above $120K soon, hopefully by end of September because the momentum trend shows it going for an uptrend market the more. If eventually we hit $120K by or before the end of September, there is a lot of potential that we will record a new ATH for Bitcoin. The bullish trend of the market is still showing vigorousness to remain for now, before we eventually slide into the bearish cycle which the market is preparing for soon.
4tom1corbitNewbie
Posts: 2 · Reputation: 35
#10Mar 21, 2025, 12:36 PM
There's a possibility of that happening and there is also a chance that it can go lower, we can't fully predict how that market moves. For the analysts that studies that market structure of Bitcoin they believe that it would reach ATH this month or next. I think there is a 60 percent chance of this happening if it maintains it's upward momentum for a couple of days. Let's keep our fingers crossed and see what happens
5ato5hi2021Member
Posts: 27 · Reputation: 187
#11Mar 21, 2025, 05:02 PM
Bitcoin reaching a new all time high this September is not a rocket magic and for that reason we must expect it if that happens but also we cant state for sure how that will be so for that reason we just speculate based on the datas that we habe at hand in the most preferred ways, bitcoin price have faced alot of resistance at around $116k-$117kBTC, this means we may likely operate below $120kBTC at the end of September that is no were at near the last all time high price yet.
Dollar has risen slightly after the Federal reserve rate decision which can mean post that news the effect may be ironic, I think short term that means Bitcoin will have to wait for larger gains. The price can move always but new highs tend to be sold off if enough volume isnt there to make it stick.
My general guess for now would further development and potential needs to accumulate in the BTC price action in order to later see that correct price rise and a regular positive trend beyond current known highs. Its better not to rush to achieve an unstable price and traders will sell off the higher prices if they can do so for a profit.
$1 difference in just hours. But still, I don't think it will reach a new ATH anytime soon.
December is when I am optimistic, or maybe before that month comes, when people receive their year-end bonuses and use them to buy Bitcoin and start increasing the demand again.
It was always in that month when everything went crazy. It could be bad or good, but since the ETF is already here, I bet the probability of going upwards is higher than taking a dip. Fingers crossed.
If we don't see an all time high this September, we have to wait for November but I am optimistic that the price of Bitcoin is going to skyrocket before the end of this year again. Price has been moving up and down and preparing for what is yet to come and I know that it's going to be a big bull continuation.
The probability of the price of Bitcoin hitting ATH is 70% for me but I am not sure if this month is going to be certain. Even though we are not able to see an all time high this September, it means October is gonna be a green month.
Recently, we can see that the Bitcoin market has approached $118k, in which case we can expect the market to touch $120k very soon. And if it can touch $120k then the market will definitely pump a little bit, if the candles move strongly upwards then there will be a high possibility of creating a new ATH. And if the market continues to move downwards then there will definitely be a possibility of a fall, if the market does not enter the highest high within this month then we can think that it may go down next month.
We have to wait and see if Bitcoin can reach $120k in the near future or not. If that price is not reached by the last week of this month, it may be that Bitcoin will not reach a new ATH, at least not for this month.
I still believe that the market trend will not change in the near term, so what we hope for is that Bitcoin can get some gradual pumps for the rest of this month. This month, we may not see Bitcoin reaching a new ATH.
swiftmatrixMember
Posts: 5 · Reputation: 112
#17Mar 22, 2025, 05:05 AM
You can't jump to conclusions like that, and that's not right.
We all know that bitcoin is very volatile, its price changes every minute, every hour and can reverse at any time. Just one positive news release can change everything in the blink of an eye. Therefore, it would be a completely false statement to say that if bitcoin fails to reach a new ATH this month, the price will continue to fall next month.
As for the prediction for the rest of the month, I am still optimistic because with recent positive news like the Fed cutting interest rates, the money flowing into bitcoin is still very large. I believe we will soon see a bull run for the entire market, not just bitcoin.
ju5t_rocketMember
Posts: 29 · Reputation: 234
#18Mar 22, 2025, 10:15 AM
Considering that price hasn't had any major rises for a while, there is a decent "build up". That's like money waiting to jump in after seeing the first sign of rise. Therefore if price breaks the $117k-ish resistance and gets closer to $120k we can see a good momentum that can actually lead to breaking $120k itself to set a new ATH.
The market looks willing though, specially in the past 4 days where price keeps pushing higher and higher.
FED RATE CUT EXPECTATION MAY BE THE REASON
So I believe this could be a strong factor that the price is moving up and may continue this September until an update comes out regards fed rate cut. When hodlers are not selling then we expect more rally to happen. The expectation is fed rate will make available more liquidity or free money which can be invested in bitcoin or stock, so I think for now that sentiment is pushing the price at the moment.
Definitely a new all time high will be due to rate cuts. We saw how it crashed the price of bitcoin when it didn't happen, and now we see how it started to go up after it did happen, so we can assume that it's a good thing and it had a kick started impact where it started a green move. I am guessing it's going to be a lot better, and we are going to see bitcoin price break above a lot more. That is the most important aspect of it, and if we can do that, then we can get a better return, it's very important.
What we are facing at the moment is he fact that it's taking time for people to reach this level. I have 100% trust in bitcoin that we are going to get a lot better return, and we are going to get a lot better income within this month.