Topic: A new ATH before halving. Is it possible? - page 7. (Read 1545 times)
Bitcoin price increases largely due to halving. Every 4 years we see an ATH. Bitcoin's price is at its highest since 2021 and Halving is what's driving it. We can't say for sure but we can see it's ATH centered around Halving which is not unusual. As there are still 2 months left and if the price of Bitcoin continues to increase then from this position $51k to $71k is not too far. We can cross that position in two weeks. As ETFs are approved, I can expect ATH before the halving.
I must admit that Bitcoin price growth looks quite fast lately. It even crossed $52k before the Bitcoin halving. If we consider how fast the price growth, it is not impossible to reach the new ATH very soon. But I think, we can't guarantee the price growth will be always the same every week or every month. There should be a correction after the price increase, there should be a dump after a pump. And it also possible to have a sideway. Considering these matters, Bitcoin price may grow a bit slow in a few weeks. Unless Bitcoin price can raise up above $60k in the next month, I think the new ATH ideally shouldn't be achieved before the Bitcoin halving. The current ATH is $69k, to cross $69k isn't very close if we consider the current price. There is a gap around $17k - $18k to be able to achieve a new ATH. It is quite large gap.
I'm always thinking of what if the next bull run cycle will be entirely different. I don't know how it is going to be different and unique but the possibility is there.
Estimated two months to go for the halving to come. Still a lot of things can happen and the same goes to post halving which OP said that likely after a year will make its ATH.
Although the uncertain part here is about when the ATH will be reached but with certainty, it is for sure going to make new round of ATH.
There’s always a possibility that history won’t repeat itself anymore and create a unique one, as everything is possible with a volatile market. However, just like we are expecting for bitcoin price to move upward consistently, there’s also high chances that it will suddenly undergo a roller coaster price movement and there’s no control with that.Estimated two months to go for the halving to come. Still a lot of things can happen and the same goes to post halving which OP said that likely after a year will make its ATH.
Although the uncertain part here is about when the ATH will be reached but with certainty, it is for sure going to make new round of ATH.
In short, no one really holds what will be the future of bitcoin, but whatever it is, one thing will always be certain, it’s new ATH will come in time, we just have to be patiently waiting for it.
For the time being it seems like another "battle" is going on between the bulls and the desperate bears who refuse to accept that the market trend has shifted and it is not in their favor. This is why we have sudden but small drops where they still try to push the price down and lose money doing so.
If the resistance continues like this, soon we can get rid of these bears going against the momentum and see bigger rises begin.
If the resistance continues like this, soon we can get rid of these bears going against the momentum and see bigger rises begin.
So far I also have the same belief regarding this possibility, it's just that we can't confirm it yet. Regarding possibilities, anything is possible and will happen because the crypto market is uncontrolled and does not have to be the same as what happened before. If a new ATH hit before the halving, then this will be a new history for bitcoin so predicting its price between cycles becomes increasingly difficult.
If I had the option, then I am more confident that a new ATH will occur after the halving. The price has crossed $52k and may continue to test new resistance above, but that is unlikely to happen if bitcoin demand ahead of the halving does not increase rapidly. Currently the demand for bitcoin has increased, but to match the previous price record we have to get more big investors in the market.
New ATH before halving? actually is strong possibility looking current bitcoin price hit to $52k, Bitcoin's current price position is not too far away from reaching the latest ATH where previously it was at $69k. If I had the option, then I am more confident that a new ATH will occur after the halving. The price has crossed $52k and may continue to test new resistance above, but that is unlikely to happen if bitcoin demand ahead of the halving does not increase rapidly. Currently the demand for bitcoin has increased, but to match the previous price record we have to get more big investors in the market.
Seems more confident before halving arrive we get chance to see bitcoin hit the latest all time high price around $15K left or 30% raise up for bitcoin with new ATH.
In coinmarketcap count down, Bitcoin halving left 61 days and two months seems more enough time for bitcoin raise new ATH, strong possibility with demand and supply where many investor more prefer to hold their bitcoin waiting before halving then selling it right now but get losses opportunity when halving time coming bitcoin have been pump.
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.
Everybody is being optimistic about the price of Bitcoin getting to the past highest price of Bitcoin before the halving day but all the optimistism will be forgotten if a correction happens. The correction won't be negative because it's the correction that'll actually start a motivating force for the price of Bitcoin to rise higher after the halving. I don't think we'll be seeing a new all time high before the halving. If that happens it would mean Bitcoin has broken its pattern and it'll be because of the introduction of Bitcoin ETF. There's more money coming into the market therefore anything is possible but lets just hope Bitcoin don't get a correction as if that happend the hope of many investors will be lost and selling pressure will start coming to the market to make the price of Bitcoin to dip further down.
So far I also have the same belief regarding this possibility, it's just that we can't confirm it yet. Regarding possibilities, anything is possible and will happen because the crypto market is uncontrolled and does not have to be the same as what happened before. If a new ATH hit before the halving, then this will be a new history for bitcoin so predicting its price between cycles becomes increasingly difficult.
If I had the option, then I am more confident that a new ATH will occur after the halving. The price has crossed $52k and may continue to test new resistance above, but that is unlikely to happen if bitcoin demand ahead of the halving does not increase rapidly. Currently the demand for bitcoin has increased, but to match the previous price record we have to get more big investors in the market.
New ATH before halving? actually is strong possibility looking current bitcoin price hit to $52k, Bitcoin's current price position is not too far away from reaching the latest ATH where previously it was at $69k. If I had the option, then I am more confident that a new ATH will occur after the halving. The price has crossed $52k and may continue to test new resistance above, but that is unlikely to happen if bitcoin demand ahead of the halving does not increase rapidly. Currently the demand for bitcoin has increased, but to match the previous price record we have to get more big investors in the market.
Seems more confident before halving arrive we get chance to see bitcoin hit the latest all time high price around $15K left or 30% raise up for bitcoin with new ATH.
In coinmarketcap count down, Bitcoin halving left 61 days and two months seems more enough time for bitcoin raise new ATH, strong possibility with demand and supply where many investor more prefer to hold their bitcoin waiting before halving then selling it right now but get losses opportunity when halving time coming bitcoin have been pump.
To be honest, the market has been going surprisingly well this time around. I don't think we have seen a recovery process being this smooth in the previous cycles, I know that the price was quite stable at around $31k after an initial couple of months in 2023, but this recovery process after it started going up from $27k has been pretty incredible. It didn't take much time to go from $27k to $52k which is very close to a 100% growth which is unbelievable.
However, when we talk about a new all-time high before the halving, I can't say if it can become true or not because we haven't seen any strong corrections from sometime and the market has been going up constantly, and for some reason, it feels like we might see something happening before it hits $55k.
However, when we talk about a new all-time high before the halving, I can't say if it can become true or not because we haven't seen any strong corrections from sometime and the market has been going up constantly, and for some reason, it feels like we might see something happening before it hits $55k.
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.
We saw the halving before where when the halving occurs a new ATH will be seen, as you mentioned yesterday's ATH $69,000, which has happened, I believe the ATH this time could reach $80k, that's a reasonable speculation for me, for $100k not halving this time, maybe in the future.If you look at it, all crypto users around the world are curious about the halving this time, considering that for Bitcoin there are no real signs of certainty yet, but I remain optimistic that this time the new ATH halving will occur, we just have to wait for the day and date when Bitcoin will make all crypto users amazed.
The price of Bitcoin has been continuously growing for a relatively long time and today it is $52,150. Although there is not much left before the new price record, I do not think that this will happen before its halving, which is expected in April of this year. Bitcoin cannot rise in price for too long; there must be a correction. Moreover, the higher its price growth, the deeper the price correction in the market usually occurs.
In the future, Bitcoin is sure to exceed the previous price record of $69,000. But this is unlikely to happen in the near future. We should also take into account that the cryptocurrency market sometimes presents us with unexpected surprises.
To be fair it is not a long time for crypto timeline. These type of increases happens all the time and it should definitely be something that we could consider as possibility. I believe that the best thing we could do at the moment would be just letting it be. I know that it gets to a point where it may not be all that easy, and yes sometimes we fear that it will drop but also we should not be considering it going up like that neither.In the future, Bitcoin is sure to exceed the previous price record of $69,000. But this is unlikely to happen in the near future. We should also take into account that the cryptocurrency market sometimes presents us with unexpected surprises.
Just have reasonable expectations, for me it is clear, it will be somewhere between 40k and 60k. Now when I say this, people go "of course, that is easy to see" but when they open topics like this, people like to think that it is a possibility to see higher, I do not think so and I think 40-60 is good enough.
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, $69,000 is not far away from the current price.
The biggest dilemma with Bitcoin is that we can't predict its future price. We may or may not have an ATH before halving, who knows? With price touching 52k$ its very much likely that we might see an ATH before halving. Every person has its own prediction about Bitcoin price. If we see previous halvings then one interesting point is that price take year or more to move it. It's also possible that we see a decline immediately after halving and year after we see another ATH. Just my few satoshis. DYOR.
Maybe, crypto always provides surprises but every cycle or increase will not be 100% the same. But this would be a sign that the bullrun is coming soon. Halving is a moment every 4 years that has a big impact on Bitcoin and the crypto ecosystem. Now see how when the price of Bitcoin breaks the price of $50000 and this will continue until it reaches the final ATH of $69,000. we just need to wait and believe in the main target we have.
So far I also have the same belief regarding this possibility, it's just that we can't confirm it yet. Regarding possibilities, anything is possible and will happen because the crypto market is uncontrolled and does not have to be the same as what happened before. If a new ATH hit before the halving, then this will be a new history for bitcoin so predicting its price between cycles becomes increasingly difficult.If I had the option, then I am more confident that a new ATH will occur after the halving. The price has crossed $52k and may continue to test new resistance above, but that is unlikely to happen if bitcoin demand ahead of the halving does not increase rapidly. Currently the demand for bitcoin has increased, but to match the previous price record we have to get more big investors in the market.
Maybe, crypto always provides surprises but every cycle or increase will not be 100% the same. But this would be a sign that the bullrun is coming soon. Halving is a moment every 4 years that has a big impact on Bitcoin and the crypto ecosystem. Now see how when the price of Bitcoin breaks the price of $50000 and this will continue until it reaches the final ATH of $69,000. we just need to wait and believe in the main target we have.
In my opinion, before the halving, the Bitcoin price will not reach its new ATH price. unless the buying demand is very large and is pumped by investors including exchangers, it can reach the new ATH price. without this it will be difficult to reach the latest ATH price
Of course it is the demand that will make the price jump to beat the highest price so far. Looking at the current price and 69k will now have 17k to hit that level and this is easier to achieve with the nature of volatility that is seen the last few days. What is needed is a little increase in demand which will spike up anxiety, fear and uncertainty in the market and then you see price soaring above the current ATH. So I won't be surprised if the price go further from the current ATH before the halving and if that happens then more gains will be achieved for hodlers this season.
With the demand beating the supply, $69,000 is not far away from the current price.
Regarding the above statement, how do you know there's more demand than supply (aside from the fact that bitcoin's price is currently rising)? And who's to say that demand won't suddenly drop? There's no guarantee that the halving is going to have an effect on the price of bitcoin at all, regardless of what happened in the past. Personally I think the halvings have already been priced in--but that doesn't mean there won't be speculators who'll be driving up demand, expecting a jump in price because of the upcoming halving.Everything I wrote above aside, I do indeed think we could see a new ATH soon. Don't know if it'll be before or after the halving, but for whatever reason bitcoin is red hot right now. Effin' white hot. The only problem I see is that if the price goes up too high, too fast then we're probably going to see a massive crash. It's happened before.
Boss, well articulated explanation you have here, op should understand that bitcoin demand has been a thing of market speculation and Bitcoin is an asset of volatility and fluctuation, there are times of appreciative demand caused by potential and positive speculations from the market, though market correction are inevitable because that's how the market is meant to be, but the issue here is that predicting the actual time for demand drop of bitcoin is not an easy one.
The market being an unpredictable and a speculative one can encounter price volatility, this volatility might be upward movement or downward movement this is why investors needs absolute carefulness to take whatever action they want to take as the case may be.
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 was optimistic about it but as we can see in previous ATH, that comes a year after halving. I may be wrong because of the current price trend. However, this will never give me confidence as well that it go easy that way as dumps are unpredictable as well. Anyway, even though the ATH never happened this year, we are all still optimistic about the future of Bitcoin.
With the demand beating the supply, $69,000 is not far away from the current price.
Regarding the above statement, how do you know there's more demand than supply (aside from the fact that bitcoin's price is currently rising)? And who's to say that demand won't suddenly drop? There's no guarantee that the halving is going to have an effect on the price of bitcoin at all, regardless of what happened in the past. Personally I think the halvings have already been priced in--but that doesn't mean there won't be speculators who'll be driving up demand, expecting a jump in price because of the upcoming halving.Everything I wrote above aside, I do indeed think we could see a new ATH soon. Don't know if it'll be before or after the halving, but for whatever reason bitcoin is red hot right now. Effin' white hot. The only problem I see is that if the price goes up too high, too fast then we're probably going to see a massive crash. It's happened before.
In the future, Bitcoin is sure to exceed the previous price record of $69,000. But this is unlikely to happen in the near future. We should also take into account that the cryptocurrency market sometimes presents us with unexpected surprises.
I don't think it is exactly the influence of third parties, they are a part not the whole, the protagonists are several, let's not forget who is the main promoter.
Now, given the background and the very fact that the short sellers will do their thing, this new unprecedented fact is not coming for this cycle before Halving, the truth is that we can have an ATH by the end of June.
There is no editing in this post, it is a prediction so let's clarify: yeah! june, 2024
Now, given the background and the very fact that the short sellers will do their thing, this new unprecedented fact is not coming for this cycle before Halving, the truth is that we can have an ATH by the end of June.
There is no editing in this post, it is a prediction so let's clarify: yeah! june, 2024
I admire the high level of certainty you attached with you prediction. It almost brought me to challenge you for a bet. But I decided not to. I better save mine for the better days ahead. But I'm curios what makes you so convinced that the ATH would still be in June.
It seems June is too far away. Right now, the price is already at $52,000. That's just $17,000 away. Given that there will be small corrections every once in a while, 2 months are still more than enough during a bull run for Bitcoin to increase by $17,000.
For the past 30 days or 1 month, out of the top 15 exchanges, there were only 4 that registered positive numbers. For the rest, their supplies are draining. I'm seeing a strong buying pressure right now. If only this is sustained for even just a month, a new ATH will come before halving.
But even if your prediction is right and mine is wrong, that's still an unprecedented milestone just the same. A mere 2 months after halving for a new ATH is a record.
The market right now is on greed according to CMC Crypto Fear & Greed Index [1], very close to extreme greed which means there’s more coming buy orders mainly for Bitcoin dominating the market compared to all other coins gathered. The price went so fast from below $ 40,000 levels to $52,000 now which is also a positive and important thing for a new bullish run.
The highest level bitcoin reached isn’t that far from where we are at now, a week ago we wouldn’t possibly guess this quick rush, ATH before halving on April is very possible in my own opinion, things are positively going in market now and people are optimistic, many more users believe in bitcoin day after day especially with the world at wars and crisis they find it better than gold. Achieving a new high level is realistic.
[1]: https://coinmarketcap.com/charts/#fear-and-greed-index
The highest level bitcoin reached isn’t that far from where we are at now, a week ago we wouldn’t possibly guess this quick rush, ATH before halving on April is very possible in my own opinion, things are positively going in market now and people are optimistic, many more users believe in bitcoin day after day especially with the world at wars and crisis they find it better than gold. Achieving a new high level is realistic.
[1]: https://coinmarketcap.com/charts/#fear-and-greed-index
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 was optimistic about it but as we can see in previous ATH, that comes a year after halving. I may be wrong because of the current price trend. However, this will never give me confidence as well that it go easy that way as dumps are unpredictable as well. Anyway, even though the ATH never happened this year, we are all still optimistic about the future of Bitcoin.
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