We can surely say that if we see dips from Bitcoin it is only to get momentum to another ATH, the possibility of a price hike when another Halving occur is very huge, again there will be a momentum that the volatility always works that way,
ETH is going smoothly and as of now have $3,538.18 USD at the moment let's see at the end of this year if there will be another All-time high for Bitcoin and other Altcoin, Halving is just another trigger for a rise in price but the price will surely lift up when Bitcoin gain momentum again.
Topic: Another Halving, Another ATH - page 2. (Read 741 times)
for now, a theory about the New Havling New ATH is correct, but I don't know about the following year ... because now the dominance of Bitcoin in the Market has dropped to <50%. little by little the influence of Bitcoin on the dump / pump of all coins may not be felt anymore. this makes the market healthier
I agree with this one, The dominance of Bitcoin is dropped, it means many people turn their investment from Bitcoin into altcoin. And voting from a big telegram group and the result many people hold altcoin than Bitcoin. People who join in crypto many of them just looking for profit, and I think investing in Bitcoin is not worth it anymore this year. A lot of altcoin with a low market cap can grow 10x or more and people prefer to choose it than Bitcoin 
we expect a lot of changes coming along on our crypto journey. What we have experiencedd this time might be possible it is different in the coming years. I will not be going to make myself too excited as we are still not sure about the upcoming. But what I need to do now is to prepare for a huge change.
I am sorry I could not figure out you are talking positive on bitcoin markets or not. I agree that we are going to experience something different than what we had in the past bull runs still I believe everything going to be in positive side for bitcoin markets like in 2017 we had seen market growing 20x from previous ATH and this time it may be 30x to 50x also.Or at least getting us 10x growth (from last cycle's ATH) this year will be making this bull run too excited. I am sure something unexpected to follow-on the recent correction. I am not sure how many of us are prepared to embrace including myself as I do not have big money left to buy more on the dips.
This bull run is quite different from that of the year 2017 which was controlled majorly by the whales. This time around, we have institutions involved and the might and richest people are all in the game. The scenario will definitely be different.
I think that the altcoins too will have alot of improvement in price and chasing to do which we have seen with Ethereum, bnb despite bitcoin a little slow this month but they have maintained some good profit. That is also signifying a kind of difference from last bull in 2017. Watch out that altcoins may have some different surprises.
But anyway, we expect a lot of changes coming along on our crypto journey. What we have experiencedd this time might be possible it is different in the coming years. I will not be going to make myself too excited as we are still not sure about the upcoming. But what I need to do now is to prepare for a huge change.
This bull run is quite different from that of the year 2017 which was controlled majorly by the whales. This time around, we have institutions involved and the might and richest people are all in the game. The scenario will definitely be different.
I think that the altcoins too will have alot of improvement in price and chasing to do which we have seen with Ethereum, bnb despite bitcoin a little slow this month but they have maintained some good profit. That is also signifying a kind of difference from last bull in 2017. Watch out that altcoins may have some different surprises.
We may not see another major bull run that will take over from the current ATH of $64,863.10. In 2017 when the ATH that many began to notice bitcoin happened, it was a year after and it started ranging, then heavy correction followed till the current halving. Now we are about a year from the last halving, we have also seen an ATH , I thinking we may be in ranging time now as altcoins are beginning to bull. Ethereum is running higher and now selling at $3,160 , other altccoins doing some increase ,it happened that way in 2017 .
Yeah, but the resistance was too strong while bitcoin also struggling to reach the aim of $60k this May. Based on predictions I've seen last month, there's no certain assurance that price increase steadfastly and it still remain unpredictable. However, other individuals made their speculations but in reality it felt so thrill and breathtaking to see another ATH again.
I guess it is depend on the situation, we won't see a huge increase after the halving event if there is no coronavirus. A price increase or the formation of a market bull run in the first place is when many people are afraid of losing the value of their assets, so they are forced to choose an asset that is not affected by the economic conditions of a country.
And the first place they chose was gold, but a new trend emerged because bitcoin was considered to have the same characteristics as gold, even more modern, so that bitcoin became a new trend and was chosen by many investors and we saw the price offered for 1 bitcoin was very high and this was a positive sign. for bitcoin development. And I guess it is not about halving effect but bitcoin has a real value and deserve to have a hige price like now.
And the first place they chose was gold, but a new trend emerged because bitcoin was considered to have the same characteristics as gold, even more modern, so that bitcoin became a new trend and was chosen by many investors and we saw the price offered for 1 bitcoin was very high and this was a positive sign. for bitcoin development. And I guess it is not about halving effect but bitcoin has a real value and deserve to have a hige price like now.
This bull run is quite different from that of the year 2017 which was controlled majorly by the whales. This time around, we have institutions involved and the might and richest people are all in the game. The scenario will definitely be different.
Why do people constantly cling to the idea that just because one thing happened in the past it has to happen in the future as well? I mean think about it, bitcoin did dropped in 2018 after the huge altcoin run, but that wasn't the case in 2015 when it dropped? So, maybe it doesn't have to happen all the time, there are other reasons for a fall, there are other timings for a fall.
I am not saying that it will never fall, obviously we will have a correction, we had one a month ago and we will have one in the future, that is the truth about crypto where we could always make a profit from the drops if we wait long enough so they are not a bad thing, just wait for it to have a correction and when it drops just buy more of it if you want to. Obviously we are going to keep going up as well, both up and down will happen, do not be shocked when one happens, it is not because of anything, that is just how the market works.
You cant really tell people on not to think on that way because we have seen these scenario in the past and it keeps repeating on some point but honestly we cant really precisely rely with these history or past events I am not saying that it will never fall, obviously we will have a correction, we had one a month ago and we will have one in the future, that is the truth about crypto where we could always make a profit from the drops if we wait long enough so they are not a bad thing, just wait for it to have a correction and when it drops just buy more of it if you want to. Obviously we are going to keep going up as well, both up and down will happen, do not be shocked when one happens, it is not because of anything, that is just how the market works.
to look up on what would happen in the future but basing with adoption and recognition alone then you can eventually tell that its less likely for it to happen.Drops might happen but wouldnt really be the same into those times
or back into those previous years.Just let them be on whats up into their minds, thing here is that they do know on what are the things that they would do into a particular situation.
What we do always mind off is on how to make profits despite of this very unpredictable behavior of the market.
for now, a theory about the New Havling New ATH is correct, but I don't know about the following year ... because now the dominance of Bitcoin in the Market has dropped to <50%. little by little the influence of Bitcoin on the dump / pump of all coins may not be felt anymore. this makes the market healthier
We may not see another major bull run that will take over from the current ATH of $64,863.10. In 2017 when the ATH that many began to notice bitcoin happened, it was a year after and it started ranging, then heavy correction followed till the current halving. Now we are about a year from the last halving, we have also seen an ATH , I thinking we may be in ranging time now as altcoins are beginning to bull. Ethereum is running higher and now selling at $3,160 , other altccoins doing some increase ,it happened that way in 2017 .
Bullrun has been in since March 2020 after the corona pandemic was announced by world news, yes it had a dump of up to $ 3000 then Bitcoin increased to $ 60k in a span of 1 year, of course this is very amazing for Bitcoin and other cryptocurrencies,
if you still don't understand about bullrun yet, you have to learn first, Halving will always give bullrun to Bitcoin, so maybe this bullrun will end at the end of 2021.
Why do people constantly cling to the idea that just because one thing happened in the past it has to happen in the future as well? I mean think about it, bitcoin did dropped in 2018 after the huge altcoin run, but that wasn't the case in 2015 when it dropped? So, maybe it doesn't have to happen all the time, there are other reasons for a fall, there are other timings for a fall.
I am not saying that it will never fall, obviously we will have a correction, we had one a month ago and we will have one in the future, that is the truth about crypto where we could always make a profit from the drops if we wait long enough so they are not a bad thing, just wait for it to have a correction and when it drops just buy more of it if you want to. Obviously we are going to keep going up as well, both up and down will happen, do not be shocked when one happens, it is not because of anything, that is just how the market works.
I am not saying that it will never fall, obviously we will have a correction, we had one a month ago and we will have one in the future, that is the truth about crypto where we could always make a profit from the drops if we wait long enough so they are not a bad thing, just wait for it to have a correction and when it drops just buy more of it if you want to. Obviously we are going to keep going up as well, both up and down will happen, do not be shocked when one happens, it is not because of anything, that is just how the market works.
We may not see another major bull run that will take over from the current ATH of $64,863.10. In 2017 when the ATH that many began to notice bitcoin happened, it was a year after and it started ranging, then heavy correction followed till the current halving. Now we are about a year from the last halving, we have also seen an ATH , I thinking we may be in ranging time now as altcoins are beginning to bull. Ethereum is running higher and now selling at $3,160 , other altccoins doing some increase ,it happened that way in 2017 .
It is unlikely we are going to see an exact repetition of what happened back then, people forget that we got the segwit upgrade at that time and many coins were forked out of bitcoin creating even more interest in buying and holding bitcoin before the networks split so you could have coins in both chains.Now there is nothing like it on the horizon but the fact that now we have institutional investors buying bitcoin will completely change how the market plays out from now on, the market is ranging right now but that is most likely because institutional investors are just accumulating coins and once they are satisfied with the coins they got we will begin to see the market moving upwards again.
We may not see another major bull run that will take over from the current ATH of $64,863.10.
When people like you who are all hating bitcoins for some reasons; what else we could expect from a bitcoin hater other than mentioning about ATH is already attained. Being a bitcoin lover, I like to bet like we are just in the beginning parts of stronger bitcoin bull run of 2021; we need to travel a long journey ahead and only after the ATH will be expected. Who know, the bull run may run to even 2022 as well by considering how many big corporates start showing interest on bitcoins.
Bitcoin's halving is one of the most linked up events on why Bitcoin's price is going up but for me I don't see any connection as all. In your scenario where Bitcoin only moved up because of last year's halving the truth is Bitcoin alread had a reversal as early a year before the halving date and it just shows that it is more of a market cycle rather than historical data pointing out that Bitcoin will be move in this way again and again. Simply the halving really doesn't affect the demand and supply of Bitcoin as the value of it depends entirely on the demand for the existing circulating supply on exchanges it doesn't even make Bitcoin "scarce" at all as the total supply doesn't change on the block reward.
I think it is just a circle and gradually the price will keep appreciating. Bitcoin dropped from the ATH @ $64k down to now at $55k and the gains I see has been pushed to Ethereum which is now at $ 3,300 and some other altccoins appreciating also. The circle may go back to bitcoin or it may just be a bear time but nobody will say the range price will head off to.
Alts follows Bitcoin and so does Bitcoin will benefit some gains during alts season as well. Remember how Bitcoin reached a $19k ATH in 2017 when the ICO becomes a trend that year.
Doge was being hyped up so hard today and It has a chain reaction to Eth. So we're seeing these both alts rising rapidly.
I'm expecting Bitcoin to sit around the $60,000 level this month.
The macro trends are certainly pointing towards a top.
As you said, generally BTC hits another ATH approximately 1 year after the halving event (which is just about now). There is still quite a bit of bullishness left in the marketplace, but in terms of BTC price it has been stagnating over the past month or so at around $50k.
Resistance seems quite strong at $60k, although I wouldn't count another rally out just yet. The bull market is now close to being a mania, and people can act in all sorts of irrational ways. Heck, 6 figure BTC isn't even out of the question.
As you said, generally BTC hits another ATH approximately 1 year after the halving event (which is just about now). There is still quite a bit of bullishness left in the marketplace, but in terms of BTC price it has been stagnating over the past month or so at around $50k.
Resistance seems quite strong at $60k, although I wouldn't count another rally out just yet. The bull market is now close to being a mania, and people can act in all sorts of irrational ways. Heck, 6 figure BTC isn't even out of the question.
Halving is always chosen to be a good occasion for an enormous bull run of cryptocurrency. Bitcoin has been through 3 halvings and it always creates new ATH during this time. Holding bitcoin is a good choice but right now, altcoins are thriving so I would advise you to pick some of your funds to invest in alt. Some alts can bring you 1000% in profit, especially IDO, IEO, or anything that is the same as ICO in 2017 because you can multiply your balance in just a few weeks.
No matter how blossom the market can be, knowledge is a must. Choose some coins inspiring you, make some researches and note out whether they are appropriate to invest in or not. Even in the uptrend, people can lose their money due to high number of scammers and thieves.
No matter how blossom the market can be, knowledge is a must. Choose some coins inspiring you, make some researches and note out whether they are appropriate to invest in or not. Even in the uptrend, people can lose their money due to high number of scammers and thieves.
It is still too early to say that the bitcoin ATH that we saw at $ 64,863 is the highest peak for this year, we are likely to see much higher peaks, expectations indicate that we can see 100k$ before the end of this year, this possibility is very large with the increasing entry of large companies The market and buying more huge quantities of Bitcoin, buying these large quantities will cause a shortage of supply in the market and an increase in demand, and this leads to an increase in the price.
It isn't right that we assume that this is the last ATH in bitcoin prices when we know that there is still a lot of time and those time is going to be opportunities to prove that there is another ATH. I hope that we can really see 100k this year because I think that with bitcoin touching the 60k mark is a proof that it can go up more than that and 100k isn't a pipe dream anymore. $64k is just the beginning of the bitcoin price, which can still increase in the next month until the next year because I guess the bitcoin price will be more worth than just $64k.
probably mate,, because bitcoin easily reach that value in just a short period of time when it started pumping and showing a high trend within weeks in the market.. See the growth rate at this point its showings as well that still have possibility to surge more despite of some fluctuation due to some sell off . Indeed it didn't affect too much so this means bitcoin still have strong resistance in my opinion and the potential still higher because also mostly news now around social media are good news when it comes bitcoin, for investors, must be very careful in investing. but we hope the bitcoin should be between $ 64000 or a value above.
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