A new ATH before halving. Is it possible? - page 4.

kotajikikox

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Quote from: jasonjm on February 24, 2024, 08:09:24 AM

A new ATH from this position is very much on the cards. Institutional demand is increasing, and the recent rally is proof. The possibility of BTC touching $69k can not be ruled out. If the current trends continue, the chances of reaching ATH are high. The global economic recession might become a limiting factor.

but will this be happen in this year alone ? because I don't think that there are even chances of 60k being hit sooner as we have 2 months to wait and see how it goes and are we truly believing and needing this to happen?
when the normal effect of halving mostly brings ATH in bitcoin but that is more than a year after that halving is said to happen.

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Quote from: khiholangkang on February 24, 2024, 12:08:12 AM

Quote from: batang_bitcoin on February 23, 2024, 04:48:53 PM

The mid of this year is on June 2024. The estimated time of halving is on April. It's far from the mid although I understand that it's just for the sake of article. But it's best for these article to check first what they say and better say that it's gonna happen on Q2.

Quote from: goaldigger on February 23, 2024, 04:02:58 PM

It’s possible to see the new ATH before the halving and we still have enough time to reach it

Almost 2 months but I don't think we'll see that but yes, it's possible but I don't want to hope on it that much.

That's the exact date, I think you need to see that this halving is different and I'm pretty sure before the halving the last ATH price will be the main target before the halving, and I can't predict the bitcoin price after the halving because as we know that the halving in this cycle has a different phenomenon, the world's major financial institutions that hate bitcoin are now walking with bitcoin, It will increase the wave of adoption of the market, as well as the crypto market is expanding and interconnected with the real world will increasingly occur, some of the technological developments available will be directly related and produce a solid ecosystem for the community to feel, so bitcoin will become a valuable asset in the world of cryptocurrency. So for me personally the previous ATH will easily be reached by bitcoin before the halving moment in the current cycle.

I do agree that we are not going to know "exactly" what the price will be but we know that it is going to be a good amount, that's just how it is going to be. I understand that we are going to end up with much higher prices, but no idea how much higher. If someone tells me we will be higher than the previous ATH then I say of course, but if someone tells me we will be 100k or 200k or 300k, all of them looks similarly possible to me and I can't make a decision.

I do aim at 200k, that would be quite good for me and I would probably get out by that point and wait for it to drop again to get back in, but I can't really say if that will happen or not. One thing I am sure is that it will go up a lot, rest is unknown to me.

erep

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Quote from: bettercrypto on February 24, 2024, 05:49:09 PM

No one can give an accurate answer to your question because you know that the market is very unpredictable. The only correct answer that I can see is that it can happen to be exceeded, and it can also not happen. Maybe it depends on what happens. Although everyone knows that bitcoin will really surpass the ATH that ended before at 69k$, the date when it will happen is unknown.

Perhaps instead of thinking about such things, it is better that, as long as we have time to save, let's just do it so that we have holdings that can be sold on the day that Bitcoin and cryptocurrencies rally in the market.

We will never know when the ATH will be reached but I believe the market is in the process of approaching the ATH target, the market needs time for the process of creating a significant upward pattern to reach the ATH after the halving. I also agree with you, that market fluctuations cannot be predicted, but I am sure the market will reach ATH this year, possibly high after the halving.

After conducting a market review, it is possible that predictions can change at any time depending on market signals and crypto-related news, but if the market can pass the $60k level, it is possible that the market will reach ATH faster than our expectations.

bettercrypto

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Quote from: Fundamentals Of on February 14, 2024, 09:16:37 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.

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.

No one can give an accurate answer to your question because you know that the market is very unpredictable. The only correct answer that I can see is that it can happen to be exceeded, and it can also not happen. Maybe it depends on what happens. Although everyone knows that bitcoin will really surpass the ATH that ended before at 69k$, the date when it will happen is unknown.

Perhaps instead of thinking about such things, it is better that, as long as we have time to save, let's just do it so that we have holdings that can be sold on the day that Bitcoin and cryptocurrencies rally in the market.

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Quote from: Falconer on February 24, 2024, 03:14:04 PM

Quote from: jasonjm on February 24, 2024, 08:09:24 AM

A new ATH from this position is very much on the cards. Institutional demand is increasing, and the recent rally is proof. The possibility of BTC touching $69k can not be ruled out. If the current trends continue, the chances of reaching ATH are high. The global economic recession might become a limiting factor.

I'm skeptical about a new ATH before the halving, it's never happened in history. Of course no one knows whether the same history will always repeat itself, but the probability of getting a new ATH before the halving does not seem very high. You could say institutional bought a lot, whales collected a lot, but regarding the new ATH, it's a bit difficult.

In my opinion, a new ATH is more likely to be achieved after the halving. We know it's hard to predict exactly when, but we have 15 to 18 months after the halving to see something big called a bull cycle.

This hasn't happened before if we do tend to look up into those previous cycles that breaking ATH would be usually happening on after halving and not before on which it would really be that a common
thing but doesnt mean that it wont really be happening as of this cycle but seeing on the days left before halving happens then i dont see anytime soon on touching up those numbers.
It would really be still a bumpy ride on which you would really be needing to take. You cant really just that make yourself be confident that we would be reaching out these numbers soon because we've been able to
see that numbers a climbing on fast but doesnt mean that it would continue until into those digits which its really that unlikely.

Falconer

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Quote from: jasonjm on February 24, 2024, 08:09:24 AM

A new ATH from this position is very much on the cards. Institutional demand is increasing, and the recent rally is proof. The possibility of BTC touching $69k can not be ruled out. If the current trends continue, the chances of reaching ATH are high. The global economic recession might become a limiting factor.

I'm skeptical about a new ATH before the halving, it's never happened in history. Of course no one knows whether the same history will always repeat itself, but the probability of getting a new ATH before the halving does not seem very high. You could say institutional bought a lot, whales collected a lot, but regarding the new ATH, it's a bit difficult.

In my opinion, a new ATH is more likely to be achieved after the halving. We know it's hard to predict exactly when, but we have 15 to 18 months after the halving to see something big called a bull cycle.

teamsherry

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It's quite possible, any thign could trigger this at this point, bitcoin now has more entry channel for new investors since this new ETF approval, we are speculating a new ATH this year, no one really knows when it would happen, the major thign is the bull run has already started, all we need is more investors to fuel its growth, many new investors that were skeptical about bitcoin are investing now, some watchers has also made up their mind to come in, I think we should keep our eyes at after the halving not before.

jasonjm

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A new ATH from this position is very much on the cards. Institutional demand is increasing, and the recent rally is proof. The possibility of BTC touching $69k can not be ruled out. If the current trends continue, the chances of reaching ATH are high. The global economic recession might become a limiting factor.

peter0425

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Quote from: Volimack on February 22, 2024, 01:42:50 AM

This is not only the first time bitcoin has made a new ATH before the halving. It is forecast to hit a record high for bitcoin. With the increase in the price of bitcoin many investors are joining the market and the demand for bitcoin is increasing which is the new way to increase the success. Bitcoin's price movement goes up and down in this way. The future will be better just have to wait longer.

when was the last time that Bitcoin experience ATH before halving? will you please show us data? sorry but I missed that if there is one as for the past 2 halving in my experience are just dumping and never that ATh was broken until the 1 year effect take place so if there is one then i would be glad to hear from you.

khiholangkang

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Quote from: batang_bitcoin on February 23, 2024, 04:48:53 PM

Quote from: ?? on ??

The next halving is slated to happen in mid-2024

The mid of this year is on June 2024. The estimated time of halving is on April. It's far from the mid although I understand that it's just for the sake of article. But it's best for these article to check first what they say and better say that it's gonna happen on Q2.

Quote from: goaldigger on February 23, 2024, 04:02:58 PM

It’s possible to see the new ATH before the halving and we still have enough time to reach it

Almost 2 months but I don't think we'll see that but yes, it's possible but I don't want to hope on it that much.

That's the exact date, I think you need to see that this halving is different and I'm pretty sure before the halving the last ATH price will be the main target before the halving, and I can't predict the bitcoin price after the halving because as we know that the halving in this cycle has a different phenomenon, the world's major financial institutions that hate bitcoin are now walking with bitcoin, It will increase the wave of adoption of the market, as well as the crypto market is expanding and interconnected with the real world will increasingly occur, some of the technological developments available will be directly related and produce a solid ecosystem for the community to feel, so bitcoin will become a valuable asset in the world of cryptocurrency. So for me personally the previous ATH will easily be reached by bitcoin before the halving moment in the current cycle.

batang_bitcoin

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Quote from: ?? on ??

The next halving is slated to happen in mid-2024

The mid of this year is on June 2024. The estimated time of halving is on April. It's far from the mid although I understand that it's just for the sake of article. But it's best for these article to check first what they say and better say that it's gonna happen on Q2.

Quote from: goaldigger on February 23, 2024, 04:02:58 PM

It’s possible to see the new ATH before the halving and we still have enough time to reach it

Almost 2 months but I don't think we'll see that but yes, it's possible but I don't want to hope on it that much.

erep

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Quote from: goaldigger on February 23, 2024, 04:02:58 PM

Quote from: Rasa nanas on February 22, 2024, 06:59:59 PM

2 months until halving? no one knows when the halving will start. In essence, when the halving started the price of Bitcoin rose very quickly.
The 2017 ATH was 20k and the 2021 ATH $65k, that means it is possible that this year's halving will reach 3x the 2021 ATH. therefore, my prediction is that this year's HALVING the price of bitcoin will reach at least $150k.

This is also my prediction based on the previous effect of halving and as we can see now, Bitcoin is making a big move and that could be the indication of a great trend before the halving. It’s possible to see the new ATH before the halving and we still have enough time to reach it, it’s just a matter of time and a good hype, Bitcoin price this year will surely be big, do your best decisions now to hold more Bitcoin.

So far we have seen significant price growth past $50k+ indicating the potential to reach an ATH increase before the halving, although the market price is currently experiencing a small correction but it does not rule out the possibility that it will drop below $50k before the bull market starts, I think if the price corrects can reach $45k then we have to increase our investment allocation higher in preparation for the bullish market before or after the halving, so the market prediction of reaching ATH is getting closer but we should not rush to invest at high market prices and we need to analyze what the highest correction price will be before the halving starts.

goaldigger

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Quote from: Rasa nanas on February 22, 2024, 06:59:59 PM

2 months until halving? no one knows when the halving will start. In essence, when the halving started the price of Bitcoin rose very quickly.
The 2017 ATH was 20k and the 2021 ATH $65k, that means it is possible that this year's halving will reach 3x the 2021 ATH. therefore, my prediction is that this year's HALVING the price of bitcoin will reach at least $150k.

This is also my prediction based on the previous effect of halving and as we can see now, Bitcoin is making a big move and that could be the indication of a great trend before the halving. It’s possible to see the new ATH before the halving and we still have enough time to reach it, it’s just a matter of time and a good hype, Bitcoin price this year will surely be big, do your best decisions now to hold more Bitcoin.

Davian144

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Quote from: $weetne$$ on February 22, 2024, 02:46:43 PM

Smart investors have entered the market since but whales can still make more money then them because they have more money to buy more Bitcoin than the smart investors. A whale can use $1 Billion to buy Bitcoin at $50,000 and when he sells it at $100,000 he would had made an extra $1 Billion profits but the smart investors will be making small profits because they didn't buy a bigger amount of Bitcoin as they don't have the money to use therefore don't think that because some people haven't invested into the market yet that they won't make profits. We have different type of investors and they're investing as they think will make them more profits. Some individuals are only interested in Bitcoin when the price is high.

Some people who are only interested in Bitcoin when they see that the price of Bitcoin is high are people who will not get more profits through Bitcoin even though basically they also really like profits through Bitcoin. Because their courage is not balanced enough with their desires, for example when the price of Bitcoin is still quite low, they are not at all interested in Bitcoin and may even think that Bitcoin will not increase in the near future. But when they saw the price increase, they themselves immediately entered the market to buy it, while investors who had long believed in Bitcoin had long ago purchased Bitcoin in the market with the amount of ability they had.

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Quote from: justdimin on February 21, 2024, 12:30:32 AM

There is definitely an interesting growing for bitcoin that much is true, but that also doesn't mean that we are not going to get anything substantial neither. We need to make sure that we are not too late, but also not attacking it like it is the last day neither. Don't like go out and get some loan from a bank to buy bitcoin, that may not be good for you, with interest and how you need to pay every month, and that would make all of this terrible for you.

It would be smarter to invest into something with your own money, that would make it a lot easier to be able to hold it, if you need to end up selling then you will have trouble. I agree that the hype is real and we are looking at something growing, but we need to be careful.

As the simple saying goes, use money you can afford to lose because it will make things easier. Don't use savings for your living, borrowed money and money that is still needed for other purposes. The investment is to gain profits within a predetermined period of time, not to hold for life or only sell at a loss. We need to be careful in every step, in determining investments, carry out good management that has been taken into account. ATH will welcome us happily and provide the benefits we want.

ancafe

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Quote from: Fundamentals Of on February 14, 2024, 09:16:37 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.

Nothing is impossible because this asset is quite speculative and I actually see the ATH taking place more than we expected. But wait, that's just a prediction because there is no picture that can be explained properly, other than predictions or speculation about what will happen.

If we were able to see clearly the direction then we would have collected as many bitcoins as possible long ago. But now we are much more optimistic because a new ATH has occurred and will probably repeat itself until it approaches the price at the ATH four years earlier. Even the price of $69,000 is close and I think it will likely exceed that price.

Rasa nanas

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2 months until halving? no one knows when the halving will start. In essence, when the halving started the price of Bitcoin rose very quickly.
The 2017 ATH was 20k and the 2021 ATH $65k, that means it is possible that this year's halving will reach 3x the 2021 ATH. therefore, my prediction is that this year's HALVING the price of bitcoin will reach at least $150k.

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Quote from: 348Judah on February 22, 2024, 07:04:25 AM

Quote from: Volimack on February 22, 2024, 01:42:50 AM

This is not only the first time bitcoin has made a new ATH before the halving. It is forecast to hit a record high for bitcoin. With the increase in the price of bitcoin many investors are joining the market and the demand for bitcoin is increasing which is the new way to increase the success. Bitcoin's price movement goes up and down in this way. The future will be better just have to wait longer.

As at the current time now, bitcoin is yet to reach its all time high, we can possibly see this before the halving and it may happen that we did not experience it before halving, we are as at this time around $50,000 to $52,000 and still have a kittle way to go in other to rally round the last and previous all time high of $69,000 while we should be getting ready gradually for the Bullrun to take place anytime after halving.

Everything is possible with bitcoin considering that its price nowadays does not drop significantly but stay on a $50k above resistance. Which I think a good thing for bitcoin community as there are bigger chances to reach a new all time high before the said bitcoin halving. However, whether it reaches before or after halving, I don’t really put too much concerns on that. What I am more focused these days is to keep doing DCA as it’s the most effective way to gain massive profits when bull run finally comes.

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Quote from: $weetne$$ on February 22, 2024, 02:46:43 PM

Quote from: Davian144 on February 22, 2024, 06:11:34 AM

Smart investors and those who are experienced in the crypto market and in investing in Bitcoin have entered the market long ago to buy Bitcoin as an addition to their own portfolio to achieve very high success when Bitcoin again prints an ATH through its price in the market. Because those who enter the market when Bitcoin prices are as high as they are now will not get more profits compared to investors who started buying Bitcoin when it was still at $30K last year.

Smart investors have entered the market since but whales can still make more money then them because they have more money to buy more Bitcoin than the smart investors. A whale can use $1 Billion to buy Bitcoin at $50,000 and when he sells it at $100,000 he would had made an extra $1 Billion profits but the smart investors will be making small profits because they didn't buy a bigger amount of Bitcoin as they don't have the money to use therefore don't think that because some people haven't invested into the market yet that they won't make profits. We have different type of investors and they're investing as they think will make them more profits. Some individuals are only interested in Bitcoin when the price is high.

It's a cycle for newbies, if they panic sell, then this big whales are going to buy if from them in a heart beat. Yes, we have been calling them smart investors as they really know how to play the game because they have big casinos.

Nevertheless, I think we can outsmart them, regular investors like the rest of us holds the key here. We shouldn't sell our Bitcoins and we should HODL on them as long as we can. If we are looking for a profit, the best way is to sell them at a higher price or at least time when we are on top in the bull run next year.

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Quote from: Davian144 on February 22, 2024, 06:11:34 AM

Smart investors and those who are experienced in the crypto market and in investing in Bitcoin have entered the market long ago to buy Bitcoin as an addition to their own portfolio to achieve very high success when Bitcoin again prints an ATH through its price in the market. Because those who enter the market when Bitcoin prices are as high as they are now will not get more profits compared to investors who started buying Bitcoin when it was still at $30K last year.

Smart investors have entered the market since but whales can still make more money then them because they have more money to buy more Bitcoin than the smart investors. A whale can use $1 Billion to buy Bitcoin at $50,000 and when he sells it at $100,000 he would had made an extra $1 Billion profits but the smart investors will be making small profits because they didn't buy a bigger amount of Bitcoin as they don't have the money to use therefore don't think that because some people haven't invested into the market yet that they won't make profits. We have different type of investors and they're investing as they think will make them more profits. Some individuals are only interested in Bitcoin when the price is high.

Topic: A new ATH before halving. Is it possible? - page 4. (Read 1545 times)