Topic: A new ATH before halving. Is it possible? - page 6. (Read 1528 times)

Not impossible in the sense that we never know what will happen next but judging by the current trend, even though the price of Bitcoin is $52,000 not too far. Unfortunately, the price sticks to $52,000, it never drops nor does it pump, we'd see stability on this price and many times we have been experiencing this. Therefore, the chances are not clear but not saying it is totally impossible. But I wasn't expecting that much thinking that the surge usually happens after halving.

We could remain optimistic on the current situation, we're bullish already but too early to think about a new ATH, that probably happen next year IMO.

Today, Bitcoin could reach $52,900 and it still survived around $51k - $52k. If the demand always increases, I believe the price will continue to raise more. It may be around $53k - $54k in the near future. Sure, there should be correction but it seems not really significant because there is a big hype on the Bitcoin halving. People understand the possible pump during the Bitcoin halving, so they are still trying to collect more Bitcoin now. As long as this condition lasts, I think the next dump will be after the Bitcoin halving (unless there's a big FUD).

People won't panic if they still a hope of the next pump. If the Bitcoin halving doesn't happen yet, people will always have a good trust on the Bitcoin. Moreover, Bitcoin doesn't create a new ATH yet, people still have a strong reason to hold their Bitcoin.

Its better not to make ourselves that confident. We are still that far on that ATH for us to say that we would be able to break it out. So it would be best that you should really just go with the flow and dont make yourself that
too optimistic about for it to happen before halving. Im not saying that it doesnt have any chance or having the possibilities on which we know that this market is really that unpredictable and random.It would really be just that depending on the demand and recognition and with those market makers out there. Whether we do like it or not, they could really be able to move out prices if they wanted to but of course it wont really be 100%.
The only thing that i do have in mind now is to wait up for that dump before halving, and the dump after halving on which i could say that this would really be the best entry that we could have
but of course  there's no way on knowing on when it would happen.

I have been suprised at the speed that Bitcoin has been surging through out this year and believe me if the speed continues like this, we can definitely get a match up with the previous ATH this year but am doubtful though because of the past history of how the movement of the price has been but there is still this fact that anything can happen since it's the crypto space and seeing another trend movement won't be of any surprise to me.

A significant increase can be seen currently, Bitcoin even reached a price of $52,400 currently and this will continue as demand increases. The halving will occur in a few months and this will be the point where Bitcoin prices will continue to strengthen. But you have to be alert because corrections will definitely happen and don't panic when the correction comes.

Initial it seemed not an achievable figure but if we notice the way Bitcoin has been on a rally there are 50-50 chances of Bitcoin achieving a new all time high even before the halving. But I am more concerned about the correction phase which we might see before the bull run as usually we achieve new ATH post halving and if new ATH is achieved before halving and then we go on correction phase before actual bullrun it would confuse people further as they may think the bull run is over.

Bitcoin is a wonder coin, although it depends much on history but then history is made in a day. The signs are too obvious a new ATH will be seen before halving, yet we do not want to believe the signs because of history.
I believe that we may see a new ATH before halving, this season could take another dimension because the ETF approval will play a big role in this season bull run which has not been seen before. This is my confidence about this coming bull run, it will sure look and sound differently.

I would say that not before halving, that looks like too quick, I understand the mindset about thinking it, because when it goes up a bit, people think "it could break above ATH if it keeps going up like this" but it doesn't keep going up like that all the time, it just doesn't happen. We end up with something that usually doesn't really benefit everyone, and that is why it's such an important job. We need to consider the fact that it is going to end up with getting a better result.

So all in all, we need to keep considering how could we get better, and that is usually not that easy. ATH will not happen before halving if you ask me, whatever up we had, we already had it and now we are going to wait for the right time to get growing again in the future.

There is always a possibility but a unique halving like 2021 is difficult to repeat. What I mean by unique is that Bitcoin reaches ATH 2 times a year. I think the halving will not happen in a short time, and I am sure that looking at the current trend of Bitcoin price movements, Bitcoin will be able to penetrate the ATH even before the halving starts. meaning that after the halving begins the price of bitcoin will reach a point much higher than the 2021 ATH.

It is always hard to precisely tell why the prices of Bitcoin and the rest of cryptocurrencies are rising because there isn't a single factor but it is very complicated.
The ETF news might be a factor itself because certainly there is many new players in the field that joined recently but there is also the approaching halving that might gave a boost and of course big players that saw an opportunity of these events to boost a little the market...

Now to answer the OP question, I think it is a little bit hard to see a new ATH in the next month but few days before the halving, things might go messy and we could see it happening. I say 20% we might see that and I believe it will not last long if that happened before the price goes down for a while.

looking at bitcoin's price history in the last few months, the opportunity for bitcoin to make a new ATH before the halving is quite large, on the 14th or 15th feb when bitcoin broke $50k, it was an unexpected moment but several people had predicted that bitcoin would reach that price is this February.
The halving is only a few weeks away, if the Bitcoin ETF continues to run smoothly then it will be a smooth road for Bitcoin to reach a new ATH before the Halving (however, many analysts predict Bitcoin's ATH in the middle of 2025) let's wait and see!

I think the big funds bought the coins at the last bottom and now have a big profit. It turns out they have already made x3 in a year. And now these funds need to gradually sell their coins. I want to be wrong, but there is a reason why there was a good rise on etf news.

Even though a Bitcoin ATH has never occurred before the halving, it is still possible. We will not know if that really happens or whether it will remain as usual, where Bitcoin's ATH will occur after the halving. Many possibilities could happen, especially now that many people know Bitcoin.

If Bitcoin's ATH occurs before the halving, that would be good because there is a possibility that the price will continue to increase. Otherwise, after the halving, there will be a deep decline and remain there. But it seems difficult to reach $69k in one month even though the current price of Bitcoin has reached $52k.

Right now, we can only wait and prepare ourselves for the halving. I am also waiting for when Bitcoin's ATH will occur. Therefore, we still have time to accumulate Bitcoin again before the price really increases.

Gains already existing are impressive, to move further is pushing an elastic situation possibly triggering it to snap back and lose gains more then otherwise.   Its far more constructive for the market to confirm the price action already on the tape  then continually advance without saving its progress with consolidation and moderate selling for those who need to.

This year is very different and Bitcoin ETFs probably played its role into developing a situation in a new and different direction. I was thinking that Bitcoin was reaching all time highs after halving but today, the price of bitcoin makes me think that we will more likely reach new ATH before halving if there is not any news that will cause panic in people.
At the moment price is 52,000 USD. For Bitcoin to reach all time high, it needs to increase by 35%. We have seen many times that Bitcoin can easily rise via 35% if there is a bullish momentum and if there is no any news that ruins the party (it can fall 35% as well in case of bad news).

I don’t think that will be possible. We will see the new ATH price after the halving only. Bitcoins don’t break his own history. It will again follow the same pattern, like last time it did. Hence, this current price fluctuations, will come to stable at some price point. I know 69k usd isn’t too far, but Bitcoins will now do price corrections and will struggle in this 50-60k range for some months. After the halving we will definitely see a new ATH price, and many are speculating that, the halving price will be more than 100k usd.

I like when you said it’s not for sure, because indeed it’s not something logical or should happen as a matter of time only, otherwise everybody can get rich from the market and invest everything they have into bitcoin, waiting for the halving and then selling all the bitcoin quantity they bought.
I like to see bitcoin price goes up to higher levels from here, I just hate those people on YouTube or media trying to get attention and trend themselves to be some gurus of crypto. We are all supporting bitcoin at this time and wishing to see a new higher level before halving. However, it took one week for bitcoin to go from below $48,000 to approximately $51,000 that is trading now, and what I mean is nothing comes that easy or quick but since most users believe in this, so why not?
less than two months before halving, I won’t say it will definitely happen and Bitcoin will jump higher than $70,000, from what we have seen earlier these weeks it’s surely not that hard to happen as well.

I  think it's normal to see sideways, maybe the bulls have exhausted themselves when they reach $52k, but still its a huge jump already so they might be resting as this point. Also, we still have a lot for this month, we have 2 weeks to go and maybe at the end, $55k climb and it will go till next month.

So I wouldn't be shock that it's going to be possible to see new ATH before the halving. If that can be done, then definitely, there will also be a big ATH that will come next year and maybe every prediction will be correct, $100k minimum to as high as $180k.

This is a good observation and I've observed it myself with mixed possibilities. Well, this is an asset we are talking about, the market is always confusing and no one can certainly predict what will become of any market. Due to this, I advise that all the answers and suggestions you receive should just be taken as information, you can't be certain to believe that's what will happen in the Bitcoin market. For me, I believe that Bitcoin will not find it easy to hit the ATH of about $69,000 before halving, though the possibility of that happening keeps increasing daily. Nevertheless, we have barely a month and some weeks for Bitcoin to halve, I do not think that the asset will be able to move as high as that.

It has already moved so significantly in the few weeks of 2024 after a correction and I believe another correction could happen. What I do not believe is that it can be so expensive to that extent, nothing is currently so spectacular that will make it happen. It has enough of promising futures in the near future but more investors might be waiting until the halving, and not before it. This will always undermine the bullish movement of the coin till then. It will only try to buy, but it will retrace afterwards, and also buy again to make a retracement again. This will happen until the halving comes in place, after which it could be buying with better momentum.

Yes, the price has generally been moving sideways for the past 5 days more or less. But this is nothing bothersome. In fact, this is probably the most of what the bears and those who prefer to take profit can do. Selling doesn't even result into a deep correction anymore. It could only halt the increase temporarily, causing the movement to go sideward.

This still looks bullish to me. Demand is continuously absorbing whatever amount the sellers are releasing into the market. The increase will resume anytime.