Topic: A new ATH before halving. Is it possible? - page 8. (Read 1452 times)

well, the current price is $51k based on CMC, and the ATH is almost at $70k, so, I think the potential is still there. However, if bitcoin price reaches ATH before the halving, I think it will be the first time. because as far as I know, bitcoin has never exceeded its ATH price before the halving occurred in previous years. Apart from that, if this really happens, it is possible that the price of bitcoin will become very high after the halving occurs.

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.

Looking at this article, I would agree that there will be a new ATH before halving.


I understand from the article that the more inflows we get as a result of these big financial institutions, the higher they'd push the price of bitcoin even before the halving thereby seeing a new ATH. This is obvious that there is no other outcome so long as the inflows outweighs the outflows.

Yes i think possible. Now Bitcoin price increasing gradually. And i think it is impact of ETF and future Halving programme. I think Bitcoin price now will increase more and more because investors know that wten halving will happen then bitcoin price will increase there has no doubt. Previous halving telling that. So i think Bitcoin price will hit new ATH before halving. Till now Bitcoin ATH was $69k. And i believe it will cross this ATH and will creat new ATH before halving.

Yes, it's possible. The market usually does what people least expect. Historically, there has been a major correction following an uptrend pre-halving. We are seeing the uptrend, some people (including myself) are expecting a major correction to shake out retailers and leveraged traders, though it may not go that way...this might be the beginning. Institutional money is here...and they might just be greedy enough to start moving Bitcoin to all-time highs prior to what when everyone else is expecting. 20% is also a large gain for them, so they may sell too...for the short tern, who knows, only time will tell.

It could be possible but only if the demand gets higher over time. $69k is not far from its current price, so anything is still possible as there is a lot of time left until the halving. I'm not optimistic because I tend to believe that history will repeat itself, but nothing is impossible, right?

The gap between the current price and the previous ATH is $17k, but to get the price back to $69k the market really needs billions of dollars. In the process, the price will gradually rise and perhaps we will not realize that there is enough money flowing into the market to make bitcoin break $52k. Wait patiently, that is the most realistic for the holder at the moment.

So far I don't think it will be unique for the halving now where the price will reach ATH before its time but if for example to ATH before that it is still very possible because since the last few months the price of bitcoin has continued to rise.

Or maybe the cycle now the new ATH will be faster? I think it will be very possible because we don't have to wait long but to get to the price of $100K then it might take more time or a new narrative where there are rumors of bitcoin being excited, but I think we will never know about this prediction.

Basically anything is possible? Yes, every market movement has the potential to disrupt historical fundamentals in the same way that bitcoin ATH - if things reverse before the halving instead of after it is still possible. , except that local movements and invisible barriers can counteract it. Bitcoin has surpassed the target of 49k$ and then 52k$, which proves that the possibility of bitcoin running a new ath is very feasible. Of course, stop feeling emotional, you should be ready for scenarios where there is a possibility of a breakthrough.

We may choose to say yes and eventually things turn the other way, we may also think that its not possible and see begin to see the unfolding aspect of the market performance to a new all time high or very close to before the halving, am just happy and elated that the entire bitcoin community were being delighted to see the recent market performance in a very shorter time than expected, if it happens that we have the new all time high before the halving, then its a significant impression that more are to come after the halving.

All time high before halving is a possibility, at least it has become so clear now. It should not be a thing of surprise though except for sceptics. There are plenty things that make this halving year different from the others, the major one is the ETF approval that brought so much interest in Bitcoin. Many people are now interested in Bitcoin unlike before than there were a lot of resistance from both governments and cooperated institutions not forgetting individuals. I have not also heard about Bitcoin sceptics for a long time and that is to show that some of them might have changed their mind and started holding Bitcoin. So I am convinced that a new all time high is likely before halving at the rate BTC is growing.

Everything is possible!
Tossing a coin heads 6 times in a row and then one time not and again 6 times heads is a possibility, just like the price going up three times after the halving happened and just like till we had the previous cycle (which broke the no ATH before the halving rule you think of)  eveything is a possibility.
Drawing lines on past performance and thinking it will repeat itself time and time again till the end of the world is just crystal ball gambling!


Of course there is no guarantee!
And the whole thing about supply and demand and how mining 450 coins instead of 900 would reduce the supply is also ridiculous!

Everyone was bullish back in November cause the halving is coming and the price will go up based on the reduction of mined coins and they were making the math like : 900 coins a day , price was 30 000 so 27 million which will change to just 13.5 millions day.
Well now at these prices and assuming is not going over to 60k maybe  we will have 450 x 52 000, so 23.4 million, the incoming supply after the halving is already nearly as the supply in November!!!! The whole influx of coins halving effect that we were supposed to have has already been reduced by the jump in price!


If you're thinking of gold as the horses then you might change that to the early sledges before the wheel, gold has already been replaced a long time ago, SPDR is just peanuts compared to others despite having almost as much gold as Switzerland, it's just incurable goldbugs that keep those things alive.

Its possible but it would be a negative for any larger objective.   Are we really wanting to rush towards 70k and thats it, an over extended unstable move causes instability then fear meaning we go back to 30k or even lower.    Rush too much and it will just become a leveraged trade, thats why it sells off at the top so aggressively.    Add in the inexperienced and new buyers at those high prices, thats alot of bruised people and negative headlines etc.
  58k occurring right now would be the positive price move I would mostly appreciate for this year, the reason Im fine with a modest target is if we were solid at such a level not a sharp spike hurting the ground level buyer of BTC, then the much bigger gains are possible.
  My thoughts on this current move are it resembles 2019 and at the time that didnt appear too much but it didnt hold its gains especially under pressure.   My rough take is dont worry the highest price, consider the lowest price from here on far more important.  Im going to be really enthusiastic if we stay 40k or higher for 2024, thats a big launching point higher; less then that I worry in haste we slip.

There are really people who do say such things without even trying out to look again or trying to realize that this market isnt really just that talking about moving upwards.As we do all know that
this market isnt something that could really be predicted on which it would really be that always a matter of demand and recognition in speaking about value then it would really be always reflected on that.
New ATH before halving? Possible but its unlikely, we might be able to se those huge movements but doesnt mean that it would be a non-stop thing. Always anticipate that after a rise then there would always be a drop.
Its normal for people to look for new ATH, who doesnt like that?

It is really just that people are really that rushing up things on seeing new ATH, its exciting but we shouldnt really make ourselves that too optimistic because so that you wont really be able to make yourself
that being hopeful into those numbers.

Although I'm not as bullish as everyone because of the current macro-economic condition around the globe, which I believe we'll see another crash before Bitcoin surges to six digits, BUT to answer OP's question - YES, it's possible. Why? One of the possible, but currently, biggest reasons right now might be because those Gold ETF investors are selling their investments in exchange for the Bitcoin spot ETF.

We're seeing horses being replaced by cars, a phenomenon when the new replaces the old.

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.

What we predicted before was that the price of Bitcoin can reach $48000 to $52000 if bitcoin ETF is approved. The price is there now but no one knows if all-time-high can be gotten to before halving. If my analysis is correct, I am not expecting all-time-high before halving. Although I am not saying it is not possible.

It is possible but no that easy. Let us see what will happen in March. I am guessing that March may not be that favorable but I am not sure because there is nothing making the market to dump than GBTC that was sold immediately after bitcoin ETF was approved by the United States.

What are you saying? I can also say the only reason water can wet something is when water is used to wet that thing.

currently the price is at $51,600+  that's just a difference of $17,000+ to a $69k price and more, and looking at the time that we're yet to cover before the halving it's rational to say it's possible to say that a bitcoin ATH could take place before the halving.

Perhaps should this happens then to me I feel it's going to stem a precedent in history  of bitcoin that the future of bitcoin ATH after this very one in focus will be skeptical for all investors as the debate will be that an ATH might set in before a halving or a halving before an ATH but either ways this will all depend on the demand and supply of the market.

Like you, I also don't think that we will be able to reach ATH before the halving, because it seems there will be a correction before the halving and that will put Bitcoin in a bad position. My feeling is that maybe we will reach ATH after the halving. That's just my feeling, because anything can happen in the market.

The cycles have been broken so I wouldn't speculate only based on them.
There is also the potential to start a big bull market, palpable by looking at the market. So the possibility to set a new ATH is strong.

But at the same time we still have the global economy and the recession that is countering the rally. In $40k level, these two opposing forces reached a balance but the halving effect changed it in favor of bitcoin, and also the fact that interest rates hasn't risen for some time is playing an important role as it helped some money come back to Bitcoin market.

So as a conclusion, can this trend continue? I think the chances are high.

Current Bitcoin all time high price (ATH) last two years ago around $69,000 and bitcoin price today close above $52K, I don't think it difficult left two months before halving bitcoin make new ATH price. Raise to last All time high (ATH) just need round 15% left or bitcoin need to raise more than $17K if want get opportunity for making new all time high price for second time.
In my opinion its possibilities for bitcoin will raise new ATH price before halving, last day bitcoin success break out until raise to $52,500 and current bitcoin keep stable with drastically correction, wait and see in few days later get potential bitcoin will make another history with new all time high (ATH) price exactly before halving and potential raise up to $75K.