A new ATH before halving. Is it possible?

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Quote from: Zigabel on March 07, 2024, 12:36:12 PM

In as much as we are anticipating a new ATH, we should aswell watch out for the trends and not fall victims of FOMO so we don't end up loosing in a bid to profit especially when the proper correction begins on the chat. Projections of $100k by next year is very much possible and now is the best time to prepare for that time.

A new ATH has already happened before Bitcoin Halving, the next price prediction should be, how high can Bitcoin go after the halving because that's when Bitcoin will be at its full potential, more investors will be coming after the halving is over as they'll be trying to buy Bitcoin in preparation for what is ahead that's going to be the bull market. This time Bitcoin is going to melt faces because of the price that it will reach isn't going to be expected by those that are doubting Bitcoin. Bitcoin has shown signs of what we should be expecting as it has already passed the previous highest price before the halving therefore we should be expecting more surprises. The price that we think will be the highest price that Bitcoin can reach during the bull market, might just be the starting point.

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Well it did happen we did get a new all time high. And now price of Bitcoin is up more then 12 percent in just the last week.
I think we are going to see some big gains before the halving does happen. It is going to happen in 37 days but I think we are going to see some more gains before that day.

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Quote from: peter0425 on March 07, 2024, 01:57:44 AM

While we have already see that new ATH yet there are big chance of hitting another one because we have just grow a little higher from the former ATH in which almost 1k usd though the former breaking of ATH is doubling or at least70%
but this one seems to be lower than what we expected(but of course this is a temporary ATH because the one that we are expecting is what will come in the next year or the effect of the halving that happens after 1 year.

Indeed, a new ATH has been created, but I agree that this is not the last, as you also said, it is only the beginning. You are right that the halving effect will occur a year later, or you could also say, the 4-year period will occur in 2025, judging from 2021. So it is still very long, the possibility that it will continue to increase will be very high because. But even before the halving period, it is already surprising.

I think that what will be achieved is to be able to get $100K as predicted in 2021 but After that did not happen, and I think this year we will achieve that. After that, it will provide a renewable ATH in early or mid 2025. We wait and buy and hold until the time comes.

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Quote from: Zigabel on March 07, 2024, 12:36:12 PM

$100k doesn't really look realistic before the halving but I think a new ATH probably within 70k is possible but then there will definitely be a correction before the halving and currently it beginning to look like the correction is even going on within Bitcoin because I'm the past days, Bitcoin after getting to $67k it has now fallen back to $64 - $65k but it's still looking like it may still go up again after which it may now do the proper correction during the halving, as traders a d investors let's watch out for all of these as they play out accordingly.

With the pattern of move I saw with Bitcoin hit $50k-$69k lately, it was something dramatic because I wasn't expecting such a fast increase in the price of Bitcoin pre -halving to reclaim previous ATH. We haven't even seen something yet regarding price movement, until when Bitcoin officially makes a new all-time high and enters the zone of new price discovery, where we would likely have Bitcoin move $10k just in a single day, You would be even shocked in 2 weeks time to see Bitcoin at 100k level. In my opinion, I kind of think that this cycle, Bitcoin will reach $100k pre-halving then immediately after the halving, we will get a pullback maybe to 80k-70k before starting its major move to the up side.

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Quote from: Zigabel on March 07, 2024, 12:36:12 PM

$100k doesn't really look realistic before the halving but I think a new ATH probably within 70k is possible but then there will definitely be a correction before the halving and currently it beginning to look like the correction is even going on within Bitcoin because I'm the past days, Bitcoin after getting to $67k it has now fallen back to $64 - $65k but it's still looking like it may still go up again after which it may now do the proper correction during the halving, as traders a d investors let's watch out for all of these as they play out accordingly.

Agree. $100k is possible but it is probably happening after the halving. $70k is very realistic, we even already reached $69k yesterday.
We have a correction, Bitcoin price dropped to $59k after it reached $69k yesterday. If there is the next pump, I think Bitcoin should be crossed $70k. I even think it may reach $73k - $75k before we have a correction again. For the next dump, I agree that it may be above $60k, just hope it only drops to $64k - $65k.

Quote from: Zigabel on March 07, 2024, 12:36:12 PM

Projections of $100k by next year is very much possible and now is the best time to prepare for that time.

Yep. $100k is very reasonable for the next year. I even think it can be reached at the end of this year (Q4). You are right, there is still a chance to collect more Bitcoin now.

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Quote from: FinneysTrueVision on March 03, 2024, 10:09:25 PM

Bitcoin reaching a new all time high before the halving almost feels like a conservative estimate. In the past 46 days Bitcoin has gained almost 50% in value. If this bullish trend continues the price could even touch $100k in a best case scenario. I expect a pullback at some point, so I don’t expect that scenario to materialize. Bitcoin only needs to pump another 8% to reach a new record high. 46 days is plenty of time that I have confidence a new high will be reached.

$100k doesn't really look realistic before the halving but I think a new ATH probably within 70k is possible but then there will definitely be a correction before the halving and currently it beginning to look like the correction is even going on within Bitcoin because I'm the past days, Bitcoin after getting to $67k it has now fallen back to $64 - $65k but it's still looking like it may still go up again after which it may now do the proper correction during the halving, as traders a d investors let's watch out for all of these as they play out accordingly.

In as much as we are anticipating a new ATH, we should aswell watch out for the trends and not fall victims of FOMO so we don't end up loosing in a bid to profit especially when the proper correction begins on the chat. Projections of $100k by next year is very much possible and now is the best time to prepare for that time.

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Quote from: AirtelBuzz on March 07, 2024, 01:23:03 AM

Yes it is possible, Bitcoin price reaches new ATH before Bitcoin halving. The Bitcoin halving is still over a month away, but in the meantime, Bitcoin prices have surged to hit new all-time highs that everyone expected. When the price of bitcoin was 35 thousand we could not imagine that the price of bitcoin might cross 50 thousand before bitcoin halving. However, after the approval of Bitcoin ETF, the price of Bitcoin reached a new high and since then the Bitcoin market has not looked back and has continued to grow.

This is a form of proof of the effect of the Bitcoin ETF that has been approved so that it can encourage more rich people to enter the crypto market to buy Bitcoin and cause a huge price increase and no price correction has occurred so far. Previously, I didn't imagine that Bitcoin prices would be this high before the halving arrived, but this actually happened beyond many people's expectations. And if you look at the value of each country's currency, the price of Bitcoin has indeed reached a new ATH, but in terms of the USD currency value, Bitcoin still has to pass the $69K level this month to make a completely new ATH of all time.

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Quote from: AirtelBuzz on March 07, 2024, 01:23:03 AM

Yes it is possible, Bitcoin price reaches new ATH before Bitcoin halving. The Bitcoin halving is still over a month away, but in the meantime, Bitcoin prices have surged to hit new all-time highs that everyone expected. When the price of bitcoin was 35 thousand we could not imagine that the price of bitcoin might cross 50 thousand before bitcoin halving. However, after the approval of Bitcoin ETF, the price of Bitcoin reached a new high and since then the Bitcoin market has not looked back and has continued to grow.

While we have already see that new ATH yet there are big chance of hitting another one because we have just grow a little higher from the former ATH in which almost 1k usd though the former breaking of ATH is doubling or at least70%
but this one seems to be lower than what we expected(but of course this is a temporary ATH because the one that we are expecting is what will come in the next year or the effect of the halving that happens after 1 year.

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Yes it is possible, Bitcoin price reaches new ATH before Bitcoin halving. The Bitcoin halving is still over a month away, but in the meantime, Bitcoin prices have surged to hit new all-time highs that everyone expected. When the price of bitcoin was 35 thousand we could not imagine that the price of bitcoin might cross 50 thousand before bitcoin halving. However, after the approval of Bitcoin ETF, the price of Bitcoin reached a new high and since then the Bitcoin market has not looked back and has continued to grow.

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Depending on what price chart you look at, Bitcoin may or may not have hit a new all time high this week.
https://decrypt.co/220321/bitcoin-all-time-high-whats-actual-record-price

It’s really ambiguous at this point. Even though the price crashed after it reached $69k, it quickly recovered. It still looks possible that it will reach a price high enough that everybody can agree is a new all time high before the halving.

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While we did technically hit a new all time high, I don't really consider it that yet. It was only at that price level for a matter of minutes. We need a really concrete move above $70K to really show people that the new high is in and it's rally time. I'm still worried that risk is to the downside in the immediate term, but hopefully retail can continue scooping up coins while we wait for the big boys at Blackrock and Microstrategy to bring in another wave of capital. I still think $200K is in the cards for next year, but hope there aren't too many shake outs along the way.

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Finally, bitcoin expectations will reach a new ATH before the halving occurs after last day bitcoin drastically up raised to $69k, just bit awhile for bitcoin can stable on the new all time high before dumping more than 10% but today bitcoin have looks well to reach another new all time high price. Its not about possible or not but also OP need to review with his question on upcoming time before halving how much the new all time high price of bitcoin will raise?
The first decision of OP have been come true with bitcoin success break out and touched new all time high price, now lets pick some prediction with bitcoin potential raise how much new high price before halving will easily above $80k and huge expected with bitcoin raise to $100k before halving?

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Quote from: Fundamentals Of on February 14, 2024, 10:16:37 PM

Ever since its creation, Bitcoin's ATH is reached after the halving, more than a year after the halving to be more precise. There have been three halvings so far. This kind of pattern is true to all of them.

But I'm becoming curious this time around. The price has already reached $52,000 and we are still 2 months away from the halving. Bitcoin's ATH was reached on November 10, 2021. 2 months prior to that, the price was only around $46,000. From $52,000, it only took a month for Bitcoin to reach an ATH of $69,000.

The halving has not fully occurred because if calculated for the current year, currently the highest price has not yet shown an ATH. I see there is a possibility that we are in a correction phase before the full ATH arrives and although that is just an assumption which may not be relevant to current events. I also think that for the full ATH we will shift in the range of the next two months as you said because the highest price has already occurred two times this week.

We hope that the next ATH can be a multiple of the current highest price so that we can make big profits from the investment process we carried out previously. Now we need to wait for the moment that will happen, whether it will be corrected again or will it stay at the current price range for the next few months.

Quote from: Fundamentals Of on February 14, 2024, 10:16:37 PM

Now, my question is: is it a possibility that this upcoming halving is unique in that a new ATH is reached before it? We still have a lot of time left. With the demand beating the supply, $69,000 is not far away from the current price.

I am optimistic that the full ATH will be above the $69,000 price range because if you look at the halving process it happened so quickly and the shift that occurred allowed Bitcoin to find its highest ATH again in the future. Although we cannot guarantee that this will happen accurately and in what month because the four year cycle is working properly.

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Quote from: Fundamentals Of on February 14, 2024, 10:16:37 PM

...

Now, my question is: is it a possibility that this upcoming halving is unique in that a new ATH is reached before it? We still have a lot of time left. With the demand beating the supply, $69,000 is not far away from the current price.

it is very possible for us to touch ath before the halving, especially since the current price is not that far from ath. and this is supported by many holders who are currently accumulating more bitcoin which is pushing the price of bitcoin higher. and in particular, there is no negative sentiment from the market which makes people hesitate to enter the market. so these things really make it possible for bitcoin to be pushed up and touch its ath before the halving later.

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Quote from: FinneysTrueVision on March 03, 2024, 10:09:25 PM

Bitcoin reaching a new all time high before the halving almost feels like a conservative estimate. In the past 46 days Bitcoin has gained almost 50% in value. If this bullish trend continues the price could even touch $100k in a best case scenario. I expect a pullback at some point, so I don’t expect that scenario to materialize. Bitcoin only needs to pump another 8% to reach a new record high. 46 days is plenty of time that I have confidence a new high will be reached.

A lot of people were optimistic about the price hitting a new all-time high before the halving event but I'll be honest, I wasn't expecting this to happen that too this soon. The price has already touched $67k, and it was pretty quick because we were just around $62k a few hours ago and now it has gone up about $5k.
Seeing this speed, I can see that we will most probably go way above the previous all-time high before the halving event.
With the current speed, Bitcoin is going to go way above $100k in this bull run, but for that, it will have to stay safe from large corrections and dips. If market stays positive and investors keep investing, that is going to happen for sure.

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Quote from: Fundamentals Of on February 14, 2024, 10:16:37 PM

Now, my question is: is it a possibility that this upcoming halving is unique in that a new ATH is reached before it? We still have a lot of time left. With the demand beating the supply, $69,000 is not far away from the current price.

Most of the predictions that were made before Halving have failed because none of us could have imagined that the market would take such an aggressive shape before Halving. Meanwhile, the market is very close to crossing the ATH. Any time we'll be able to see a new ATH, it will definitely happen before the halving. With the addition of ETFs to the market, there is going to be a major revolution in the crypto space. We will be able to see a major Bitcoin record within this year.

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Quote from: FinneysTrueVision on March 03, 2024, 10:09:25 PM

Bitcoin reaching a new all time high before the halving almost feels like a conservative estimate. In the past 46 days Bitcoin has gained almost 50% in value. If this bullish trend continues the price could even touch $100k in a best case scenario. I expect a pullback at some point, so I don’t expect that scenario to materialize. Bitcoin only needs to pump another 8% to reach a new record high. 46 days is plenty of time that I have confidence a new high will be reached.

With 48 days left until the halving period is clearly still quite long and the current trend is increasing well, perhaps the first thing to do is to be able to surpass the last ATH, because this will be the moment for bitcoin to continue to move again for a sharp increase. It is not impossible This month $75K will be achieved, and could be before the halving period that your estimate is that $100K can be achieved too. There is always a possibility that it sees a very good move from bitcoin.

Maybe the question will be, what will happen after the halving? Will there be a correction or will it continue to increase, which is possible, but reaching the peak is still too long away.

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Quote from: Webetcoins on March 03, 2024, 11:06:09 AM

It is expected to be in 46 or so days, April 17, it could be a few days before or few days later if something goes different but I am sensing that it will be around those days. I am not expecting the price to go 17k+ higher and reach to a new ATH price within 45 days, that just doesn't feel like the possibility and it will probably not happen.

I think we should probably consider the change to be a little different, and for that to happen we are going to end up with a much smaller number by the. I think 65k would be ideal, I do not think that we are going to reach that level neither, but we could potentially reach to something that would be remotely close to that so we should be happy and excited about it if we can.

Bitcoin reaching a new all time high before the halving almost feels like a conservative estimate. In the past 46 days Bitcoin has gained almost 50% in value. If this bullish trend continues the price could even touch $100k in a best case scenario. I expect a pullback at some point, so I don’t expect that scenario to materialize. Bitcoin only needs to pump another 8% to reach a new record high. 46 days is plenty of time that I have confidence a new high will be reached.

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Quote from: STT on March 03, 2024, 07:59:25 PM

Quote from: FelixH on March 02, 2024, 01:07:04 AM

I feel 80K before having is very well possible

The problem is these feelings, Im not critical of the positivity but real moves come for cold hard reasons not hype trains. Hype crashes, it boils over like a pan left on the heat too long because its not stable its merely a function of the crowd which is always bipolar greedy and short sighted. We quickly enter into dynamics which arent even about BTC anymore, it can be a negative easily. Dont be disappointed if BTC did act boring this quarter or this whole year as this just helps us longer term from next year out to accumulate volume in prices in a better way involving the whole market interwoven with actual genuine growth, we are much stronger that way forwards.

Well how can you say that if the market is volatile and everyone is jumping on the hype train? So what do you think will be the cold hard reasons for the price not to go on this route and try to reach a new all time high before the halving? It's hard not to think that everyone is jumping on board and FOMOing because of the block halving next month? Of course everything is possible, but once we get into the block halving, history shows us that this is the start of a bull run unless the whole market have shifted. But I doubt that, even if it went down crazy like 20%-30% as others have pointed out, still their is a bull run year and we can't deny it even if you believed otherwise or you are still very negative about it.

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Quote from: FelixH on March 02, 2024, 01:07:04 AM

I feel 80K before having is very well possible

The problem is these feelings, Im not critical of the positivity but real moves come for cold hard reasons not hype trains. Hype crashes, it boils over like a pan left on the heat too long because its not stable its merely a function of the crowd which is always bipolar greedy and short sighted. We quickly enter into dynamics which arent even about BTC anymore, it can be a negative easily. Dont be disappointed if BTC did act boring this quarter or this whole year as this just helps us longer term from next year out to accumulate volume in prices in a better way involving the whole market interwoven with actual genuine growth, we are much stronger that way forwards.

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