Topic: Bitcoin Bull has Started But Not Yet ATH. (Read 656 times)

All Bitcoin holders certainly hope that, as you say, they really want growth by being able to reach the highest price, at least $ 100K, when 2021 was analyzed. But will after Halving rise immediately? Or is there a correction? All are still question marks and cannot accurately determine. But some analysts say that at the end of the year there will be an increase and next year will be formed renewable ATH. We are just waiting and if we are sure and there are more funds to continue to buy Bitcoin or Altcoin potential so that when it happens we can enjoy it.

Every cycle there's the influence to the bull run for Bitcoin's price to reach new heights. This is true that it is no doubt that ETF did really contributed a lot this time. And with some headlines again being reported that big financial institutions have bought Bitcoin ETFs as well.

We did got into a correction that had made Bitcoin reached back to $56k. But that's normal as everyone is saying and anticipated that after the halving, everyone should embrace the potential dip and they were not wrong.

That's a lot for this year but the possibility is there. With those prices that you've mentioned, I was thinking of them that we'd reach the 6 digits at the first quarter of 2025.

Predictions are very effective in Bitcoin price growth. When all the crypto lovers start thinking that Bitcoin price is going to 100k or more then its price can definitely go further from that level. Those who are collecting bitcoins must wait some more time. Because there is an assumption among all bitcoiners that bitcoin will rise next year or later this year. But no one can accurately predict when the expected bull run will begin. But one advantage for the bitcoin holders is that whenever the price of Bitcoin rises, their holdings will increase and they will be profitable. It may take more or less time to reach the expected level but the holders will definitely benefit.

We are still in balance, here is my arbitary view of the last month or so.   We are not positive or negative especially




This diagonal line here is the rough pace of change since last August, to this extent we can say BTC has not failed to maintain this trend overall.  Its obvious in the last two months after rapid quite extreme growth we did not progress or lose much but have just maintained a price level.

I would not want to state this in absolute terms but the further we are from this diagonal line the greater we are deviating from this overall positive trend.   At present the fair conclusion is neutral, we're very close to that overall momentum and positivity in the pricing.

  There is no bearish seasonal bias only a stall and drift sideways, when or if we do move in any determined consistent path downwards or upwards I would hope to notice and state that clearly;  we have no clear trend near to medium term at present.

The influence of ETFs really plays a big role in being able to make Bitcoin pass its ATH and return to its second ATH in the bullish season. But perhaps after passing the halving period there will be a correction to provide strengthening for Bitcoin and the opportunity to be able to buy again at a cheap price before it reaches its peak.
Maybe by the end of this year it will be able to move between $125K-$150K and finally a new ATH will be formed which could reach $200K in 2025.
Everyone is, of course, hoping and waiting for the long-awaited moment with the value that bitcoin deserves.

You know that since we started lamenting that bullrun has started but we have not yet seen a bullrun reflect in the market from my perspective and my understanding concerning cryptocurrency, I do understand that cryptocurrency investment is all about something that is unpredictable so the bullish season have not manifest yet because the price of Bitcoin is still going down many people say that really experience a halving, but for now I don't think we have encountered halving currently

Previous historical logs tells us that it will not be immediate to see the effect of the halving. And if you have seen in the last 24 hours, we are again in the crucial are of $62k, there could be some negative news that affected the price again though. Nevertheless, we need to look long term, or at least at the end of the month and say that indeed halving has been the catalyst as the price could be around $80k++ in December, or for the best part, we might see 6 digits already. So just relax and have patience, we know the market is very volatile, but as per history, the impact of the halving is not felt immediately and it will take months. So just continue to accumulate, nothing beats having Bitcoin in our wallet when the price hits $100k or more in this bull run.

People think that by the time of halving they will see the Bitcoin price skyrocket and some of them are depressed because of that. It is just normal, ATH will happen again and again over months and maybe years but it will end by happening like it used to do.
$200k might happen in the future but I doubt it will be the near one, I might say maybe next two or four years from now? This year passing $100k will be just great.

What stage is that Mate?
Depending on expert opinion is like driving and you're trying to watch how other drivers drive. We should always act base on our investment plans nothing more or less, this experts often at times influence the weak ones to make wrong decisions in the market, if you're holding, also keep accumulating, its an asset not just a coin you trade profit off.

Market might reach a new ATH but we don't know for now, but surely we are in  bull run, also take your time to ask yourself how far you have gone in your journey regarding Bitcoin investment.

Bull run is the season hodlers use to sell their coins to make profits to take record of the new ATH from the market, which is very important for hodlers to know the level the price has hit so that they will know their next target when another bull run occur in the market.

We have seen a new ATH in this 2024, but some experts are still spreading the information that $100k will going to be new ATH in this year if the hodlers can endure till the end of November, which i doubt for such price to come to pass this year because the $73k which people experienced early this year and it has changed people life.

Every hodlers use to expect huge price in the market whenever they are hodling their coins, but there are some stage the market price will get to, they don't have choice than to sell to accumulate profits before the price will dump.

If we talk about bull run, yeah this could be the definition of it. But in Bitcoin market, the official bull run starts after the block halving which is still weeks away from us. And that's why the price is not that big as we expected, although new all time high is achieved, what we are looking for is like $100k at least conservative estimates.

So it's a long way to go for us, but it makes us very excited as block halving is around the corner and we will see if the cycle will continue. 2024-2025 is touted to be one of the biggest bull run that we have seen throughout our history, as you have said, you are looking for like $200k top price.

Bitcoin bull run has obviously started and we're still in it's early stage, we're looking at a massive bull run in this season because of the Bitcoin ETF that has propelled price to surge, hopefully we're going to see a new ATH at a peaked price of $200k. For the first we have already withnessed a new ATH before halving, this is majorly because of the ETF approval, therefore the previous halving patterns didn't apply where new ATH happens after halving. It's not late to continue accumulating Bitcoin, because we're going to see a massive ROI before bear run starts.

I think what you say is also quite true because if someone says he is a long-term holder, but at all times he is still nervous when checking the market and market prices. This shows that he is still working as a trader, not as a long-term holder, because long-term holders must be very prepared for all the things they have to face themselves when the selling price is still not in accordance with their wishes. So maybe someone still thinks like other traders in the market even though they say they are a long-term holder.

Yeah, we are reaching lows for a short while, but then we end up with a greater return and a big increase. I personally believe that we need to consider the ups as more important because we do recover from each fall as well. I get that we may feel like we are left alone to fend for these lows, but there are huge companies like ETF ones, such as blackrock and all that which is helping us during this period as well.

I believe that we are going to end up with a much better situation without a doubt. I believe that the best thing we could do right now would be looking at the situation and consider that bitcoin will recover and peak even higher, we just need to give it sometime to get there, probably will happen after the halving.

This is a big difference between ATH and Bull Run. Bull run Usually when the market is bullish the amount of investment in the market increases rapidly, we can identify the period as bull run but this is what we mark as all time high. When the market peaked in 2021, the price of each bitcoin peaked at 71,000. In 2024 we have already seen the value of Bitcoin rise to 72 thousand. The market has already crossed the previous ATH and touched a new ATH. However, despite the beginning of the bull market, the market is not completely bullish. When the market was below $20000 last year many expected Bitcoin to reach ATH. But those who currently buy bitcoins do not expect it. They would expect a strong bull market that could cause the Bitcoin price to high.

What is happening now in bitcoin price acceleration is what suppose to happen and we may think that we have glue into the market fully, but we are stills waiting for halving time and I believe that the price of bitcoin can change at any point in time and  it happens that way due to the market strength of investors, some of us are saying that base we have not experienced halving yet, but right now I will say the Market is progressing due to their is a lot of investors who is into the Market already.

Investing exactly the time of bullrun, I will say that you are talking a risky, so I believe that you taking such risk it might result out positive or negative if you do invest during the time of bullrun, secondly while experienced investors will not like to invest during the time of bullrun because one or two things may happen during long time stays of bitcoin, because when we rush and invest when the price of bitcoin is high and their is every tendency that the price of bitcoin can go down drastically.

I will agree with you, because the price of bitcoin is at seventeen thousand [17k] and later the price skyrocket to twenty five thousand [25k] that is to say that the price is getting dominance, so the price of bitcoin can be considered to be in bullrun because it has cross the line of the price of initial, but people think a bullrun of bitcoin starts when the price is like fifty to sixty thousand [50k/60k]

lol  when you are being called a HOLDER then you are not expecting price for every time but instead in a certain period that you tell your self to sell, some holder even extend their time of holding when they are still not satisfy in the given time of selling so there must be no disappointment and there is no agitating because HOLDING means you are ready for everything will happen along the way and that is what holding must mean.

We built a great staging area for a continuation of a bull run, I think this market is certainly bullish.  However near term its merely been consolidating in that higher area which should be a very good thing for the future, there is no definite we go up but its wrong to see BTC  as negative just for the hesitation.


Early feb on weekly bars.

This is really good price action, its built a whole scaffolding area in these recent weeks and despite the negative sells the recovery on each of those lows is higher each time.   We could be building that scaffolding just to play hangman or it could stage a rocket launch from here.   I have too much of a negative slant to my personal bias because I always believe we are stronger once we go back to 50k and lose the sellers, shed those and then you really do have the strongest bull run.   I know most would prefer for us to just go straight up but Im more the type who believes in hammering steel is not a fast process, strength takes some time to achieve.

All the highest prices people are talking and estimating has to be will require the strongest of foundations.  I would prefer that scenario occur not the fast up and fast down scenario, I dont want fast up and 2 years spent languishing after that as this is not really the best outcome.    Though of course if you can buy on the lows, that is the best advantage later so every price I see as valid in its occurrence and necessity by the market forces.

Bull run has already started but we are not yet in the final bull run, so expect that bitcoin will experience price fluctuations most often before settling on its final ATH. Although we have crossed over already on the previous ATH, but that does not mean that we have reached our new ATH already. We are still in the process of reaching our new ATH, most likely it will occur after bitcoin halving, or when final bitcoin bull run gets nearer.

The journey of bitcoin new ATH these days is probably different from the way we used to see it. However, we should not be surprised about this since bitcoin itself is highly uncertain and unpredictable. But we all know there’s only one certain goal, that is to achieve our new ATH right before final bull run happens. So while there are still opportunities to invest and accumulate more bitcoin, do it now before the awaited bull run hits the market.

If you are a holder, you can also be conservative with your estimates. So you won't be agitated if the price is not what you expect it to be. With the price level we are enjoying today, definitely, it is already in the bullish range as compared to the previous years. Aiming for new ATH will always be there but before such situation happens, you also need to be ready for this event.