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.
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.
