Topic: A new ATH before halving. Is it possible? - page 2. (Read 1545 times)

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.

The current price of bitcoin is almost $63k while the halving countdown is still very long with 44 days left, it is possible that the market can break the ATH before the halving even though the ATH prediction can actually occur after several months after the halving, the current market movement has a different pattern to the previous halving period and actually we expect a movement pattern like this to occur every time before the next halving.

The $65k prediction is very close to the current price so the market has a great chance of reaching that predicted price to approach the previous ATH, my prediction is that the market will close at $75k before the halving.

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.

I feel 80K before having is very well possible

Everything seems possible for bitcoin due to its high volatility. I can see that the current price will probably rise even more and might break records of the last ATH even before bitcoin halving comes. But let’s be clear that what we have right now are just speculations. We can’t still be certain how will the next days for bitcoin will perform but rest assured there will always be price correction every after market price surging, and that btc price will always recover from having price dump.

Now, people will obviously sell if the new ATH will be instantly reached. But that won’t be a problem knowing they’ll eventually buy back again when the price shows signs of price decline.

I'd still like to believe that it's not going to happen but when it comes to possible, I do think so it's possible, bitcoin has been doing a lot of surprising things for a really long time and it shouldn't be a surprise to us that it will go to another ATH before the halving although this is a first that it will do this I think. I do hope that it does happen though because that would mean that there's bound to be another ATH that will definitely show after the halving and there's also the possibility that bitcoin will get a price dump after reaching that ATH, definitely a lot of retail and institutional investors are going to take profit, especially those diamond hands retail investors that have hodling since the bottom, they're definitely going to sell when a new ATH shows, some will ride it out a little but they're all definitely selling at some point and at a really short span of time.

The way Bitcoin prices were rising in late February looked like Bitcoin might be hitting $100k very soon. However the price of Bitcoin is currently slightly down. With the rocketing price of Bitcoin it seemed that Bitcoin would break the old ATH record and set a new ATH record. But before that happens in the market the price of Bitcoin has decreased now we are all waiting for Bitcoin Halving. We can all predict the Bitcoin halving followed by a rise in the price of Bitcoin creating new ATH and the price of Bitcoin surpassing the all-time high of $100k.

Your strategy is actually better than mine because you divided several sales targets at different prices. If I just flow and determine the seller above the previous ATH and even at the highest price in the last few days, I haven't made a decision to sell. Corrections will definitely become a normal activity that occurs in Bitcoin and there is no need to worry too much because we will see a moment of recovery when the time comes.

I am also sure that we will see the next ATH at a much higher price and the accumulation pattern that you are doing is quite good. Because apart from reaching the stage of profits being divided over several sales we can also continue to increase the number of bitcoin holdings that we have.

I am also still waiting for the full ATH process according to the ATH prediction multiples of the previous one, because I am a long-term holder so there is no problem if in the future we will see a correction process again. Patience is key and accumulating multiple buybacks is also good when we have the opportunity.

On another thread I shared an article about Morgan Stanley presently opening their trading desks for thr bitcoin spot ETF for their customers. I also speculated that the comedy investment company that delisted their futures ETF and removed their application for the spot ETF called Vanguard will admit their mistake and begin listing not only the bitcoin ETF but also other crypto ETFs hehehehe.

I speculate that it is becoming a reality and it begins on the retirement of the CEO Tim Buckley. He might be replaced by an executive who is more friendly to the cryptospace hehehe.



U.S. asset management giant Vanguard Group said on Thursday Tim Buckley would retire as CEO and chairman by the end of the year after more than three decades at the company, including over six years as CEO.

The firm has initiated a process to select a new CEO from internal and external candidates, it said. Chief Investment Officer Greg Davis has been appointed to the additional role of president, effective immediately.

Read in full https://www.reuters.com/markets/us/vanguard-ceo-buckley-retire-by-year-end-2024-02-29/

Yesterday's highest price was $64k before correcting and recovering. I just think this is normal because people who take quick profits have to get out before long-term holders. Most of them are still very confident that the price will not stay above $63k so selling for a while is the best option before reinvesting at a lower price.

For today the price seems sideways between $60k to $63k, but I think people need to maintain their optimism in anticipation of a higher move in March. Ahead of the halving some of them still believe in a correction below $60k, but I don't really expect it.



Of course, there's nothing to worry about and I personally didn't sell anything despite breaking $64k yesterday. Higher returns in the long term is something I hope for and I don't think of it as greed because of its huge potential.

hemmmm...
At first a little confused to determine the selling price in this Q1 or moment in the bitcoin halving zone, because some of my price targets have only reached 1 at the $63,200 level, I divided the sales at 5 price levels that I targeted, with each 20% of my bitcoin ownership.
Until the last one at the bitcoin price level above $90k for the sales target. if this does not happen as planned and only a few are reached, bitcoin will definitely experience a correction first and it's time to buy back bitcoin at the target price level of $47k-$60k.

This is just the beginning for the Ath level that bitcoin wants to reach, because there is still plenty of time for bitcoin to continue to grow, given that the flow of bitcoin purchases continues to increase both in spot and in spot bitcoin ETFs.

I believe that there will be a lot of people who are fearing the new high, because we haven't been over 60k since like 2021 October or something, we are nearly 3 years away, at least 2.5 years away so it is a brand new thing that many people didn't see, and something super high for the last few years to all of us.

This means that while it is a reason to be hyped, it is also a reason that we are going to be super scared of what's going on as well, and we shouldn't be scared, it's still fine. We are not even above ATH yet, it will get there this year, even if it has some corrections along the way, we will go over all time high price once again this year. That is at least what I believe in, and if I am wrong then I am going to lose some money to it.

I don't understand what you mean by technical knowledge, so don't need to be a rocket scientist to see what is going on right now, this month alone 40% increased. In the last 24 hours, 10% uptick.

So you just need to put your money that it's going to happen sooner or later that we will see a new ATH.

This will be the first though, if it happen before the halving as usually we will have a dump before that activity. But this year and this bull run, it's a very different mindset and positive vibes from everyone.

You must have an idea now because ATH has shown a very green line, just as you said that now we are like seeing young wives at the beginning of marriage. The latest price shows how strong bitcoin is and perhaps there will be another ATH that can surprise us in the same year. Now you have an idea, right, at what price to sell your bitcoins?

What is there to worry about and there is no reason to panic even though the price has already penetrated $64k and has corrected again to $58,700 or more below. We have seen delays and bitcoin touched the previously delayed ATH, as a form of bitcoin's strength and fundamentals, someone increasingly believes that this volatile asset will be an innovation that is never easy to predict. The four-year cycle increasingly makes people believe it is real, although there is no doubt for those of us who have been here for a long time. I am sure that there were many people who doubted the cycle before they saw the current highest price increase.

Buy and hold back the bitcoin assets that we own and we will again see possibilities beyond logical thinking. Even though the accumulation is now at a much higher price or you can also wait a few days to see price developments. After that, make an accumulation decision and it's best to use all the money you have from previous profits to buy.

Without a technological knowledge I would say it is impossible. The Possibilities of the ATH to come before Halving is like reciting A,C,B,D,E instead of A,B,C,D,E and yet you claims they are in alphabetical order. However, the halving is a a promising to the ATH that is to say the more values that has the Halving is the more values the ATH would have at it own time.
The ATH of this time bull-run would feel unbeatable in history and in the closet future but let's not panic. Bitcoin is a reputable crypto currency which has the potentials of uprising without a compromise of its valuable potentials.

Market capitalization now increased from below 1 trillion and now up to more than 2 trillion in
which made the Bitcoin price grows so much high now and one thing is that breaking the ATH before
Halving is one big thing that people will either believe or not .
I will wait for this to happen holding my coins from here up to 70k.

You shouldn't be so sure and confident knowing that the market is extremely volatile and anything can happen at any given time. So you can't say that the price will go around $100k in the next few days just because it's going up rapidly at the moment because the price of Bitcoin can always take a U-turn and then we will see it going backward with the same speed, we call that a correction, but it's not pleasing to the eyes of a spectator, lol.

We can expect the price to cross the previous all-time high before halving this time around because the price of Bitcoin has already touched $64k once and it's just $5k something from that point. However, thinking of it crossing $90k and reaching $100k before the halving or very quickly after it is unrealistic in my opinion.

At this point, I won't say it is just possible. It is probable. It is highly likely that a new ATH is going to be reached before the halving. The price has already reached above $63,000, almost $64,000. That's just around $5,000 away from the ATH. And the halving is still taking place in April. That's still far away. $69,000 is nearer than the halving. We have to admit that it might be different this time.

But this doesn't necessarily mean that there won't be any correction before the halving. But whether that correction happens or not, it is probable that a new ATH has already been reached by then.

There was indeed a rejection but it didnt take look since it did make some recovery afterwards, we are now playing around 61k again and starting up to climb up. I have some thoughts or basing up on technicals
i do have some thoughts that it would be able to have some bump or rejection on 61180+ but it did make some break out and almost reaching out 64k and with that then i do already have thoughts that it would be directly be reaching on ATH but it seems that it wont really be that easy but who knows?IF this price rally would really be continuing then we might be able to see before halving period but i do have
some doubts that there would really be some correction or price decrease on near halving day but well we dont actually know on what would happen on this particular moment.
Cant really that blame out into those people who are really that skeptical into this kind of increase on which i could say that it is really just that too fast. 

Currently the price of bitcoin has actually touched $64k which is basically long overdue. Then $64k immediately became resistance because not long afterward the price retreated again and was corrected to $58,700. I guess there were a lot of holders who got out on today's upside since they were stuck at the previous ATH, but such panic is really disappointing.

Halving is getting closer and they have do accumulate. When the price corrects by several thousand dollars, it is a good time to accumulate because they will collect more. Right now I'm not worried about a correction as the price will test the new resistance level later soon. Buy hold and wait, it will be something good after the halving.