2024 marked an eventful year for bitcoin, with over 7 ATHs. As we hit the halfway mark on 2025 and reach the last week of a bullish May, here is an overview of where we stand and what the CroFam thinks is in store for Bitcoin for the rest of the year.
Bitcoin Hits New ATHs:
As trade relationship between the US and China eased, earlier this week Bitcoin hit an All Time High of $109k, showcasing surging investor confidence in the digital gold. Then, within 24 hours, Bitcoin raised to a new ATH of $111k on Bitcoin Pizza day, gaining over 48% from its recent lows in April, marking a significant milestone for the cryptocurrency market.
The current rally, while sparked by the agreement between US and China, has found several strong foundations from favourable regulatory developments, increased retail participations and spot ETF flows, and a general improvement of macroeconomic conditions.
Why This Matters:
ATHs or All Time Highs represent the highest price that Bitcoin (or any other asset) has ever reached in its entire trading history. Usually, ATHs act as a ceiling and breaking above a previous ATH is seen as reflecting extreme optimism or bullishness in the market.
ATHs are often used to mark the peak of a market cycle.
CroFam Reacts: Community Predictions on ATH Count and Price Peaks
In an interaction on X earlier this month, CroFam predicted how many ATHs BTC will hit this year.
Some were conservative in their guesses, expecting less than 3 ATHs this year. Bitcoin has already hit two ATHs this week:
The popular choice, however was between 3 and 8 new ATHs in the coming 6 months:
Several enthusiasts expected the bullrun to continue, hoping for more than 10 ATHs:
Some even predicted the ATH price, while others provided factors that will help BTC get there:
If the CroFam pulse is anything to go by, in a record-breaking year for Bitcoin, the best may still be ahead.
