Topic: Bitcoin Bull has Started But Not Yet ATH. (Read 522 times)

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.

It will surely hit higher next week base on what is happening in the market because, the price is still moving between $66k and $67k and, there is an evidence for the price to continue rising until it reach $80k which is the wish of those that are hodling BTC right now before they can sell their remaining BTC to make profit.

Those that released their BTC early last month made huge amount of profits from their BTC hodling because, the price moved to $73k that made them to rush to the market to released their BTC before the market price will dump and the market price has dumped to $66k in this new month.

Bitcoin sentimental movement make short term speculations almost impossible, because Bitcoin tend to break the confidence of most of the speculators all the time, like the last two to three weeks back, speculators where eyeing the 100k region as the stop price before the Bitcoin halving which make them to think that Bitcoin is already at bull season.
But the we have to understand that Bitcoin price predictions is quite an impossible things and no one knows when and what the price will be and to that extent we may not be able to know what the max price could be at anytime.

I don't think it matters what price bitcoin can reach before the halving, but what matters now is buy and try to hold until the expected return can be achieved. Some will say it's not a good time because they think the price will drop back below $60k, but I'm sure they'll regret it especially if they missed the opportunity to accumulate when they could.

I don't think $80k will be hit in March, nor in April. Halving can certainly raise the enthusiasm of many investors to invest in bitcoin and take advantage of its upward cycle, but this is not an easy game, especially as the market really needs a larger flow of funds to make bitcoin reach its new ATH again.

We've all seen Bitcoin touch all-time highs before the end of the year, which you may have seen too.When Bitcoin price was above $50k many people imagined that since Bitcoin Halving in 2024 then maybe Bitcoin price will rise and touch new ATH.But from there the price of Bitcoin started to increase suddenly and even the price of Bitcoin increased to touch the ATH record which is much higher than the previous ATH.

After Bitcoin touched the all-time high, the market started to dip again, we saw the price of Bitcoin drop to $63 thousand.

Yes of course the price of Bitcoin will increase much more next year and new ATH will be there. Since Bitcoin will be halving this year, we expect Bitcoin to touch another new all-time high when the market bullrun starts after that.

Before April seems like a very tough one, we have like less than 10 days left now and for it to reach to 80k before April might be a lot to ask for. I am not saying that it won't happen but it would be quite tough and I would suggest not to go with that. I think the best way to go forward would be just focusing on what we can do with what we have, and that means we had 73k just recently and reaching back to that would be lovely.

This is why I say that march could end as high as 70k, not seeing 80k to be fair. It could also maybe fail and not get there, it's also another possibility and I would find that normal, but I think that's just with anything, it can happen and not really be a bother to anyone at all, it's that important.

Actually you have almost got the trend mate ,Bitcoin have crossed that 72k instead it breaks 73k even not reaching April,but now we are hoping to hit 80k before April so hoping we will get that at least.before the dumping happen in April

We can only judge it as they come, this market is very volatile, maybe we can have a bullish sign for a month or more than that and see the price goes from $40k-$73k. But the next week we will a massive downturn so really hard to judge it, and we shouldn't to be honest and it is very unpredictable.


Technically, what we term a bull-run is a massive increased and it usually happens after the block halving. But during the last 2 month or so, pre-halving, we have made a new all time high at $73k. So this is a first for us and it could be a indication that we might see a bigger bullish run after the halving so let's find out next month. I'm been more positive though that 5 digit mark is going to be unlocked this 2024.

Not every positive change in market should hastily be judged as bullish. As well as the bull run in itself can last long, be it several months, and let's not forget the possibility that the last ATH that btc hit recently, may also be it for the year,as well as in the past, I think 2013 two ATH was hit in a year also. Pretty unpredictable. We're in the bull market, alright. But then preparing for bear market ahead is also a thing, no matter how forward that might be.

It's true, there are analysts who say that the current incident might be the same as the one in 2013, where in a year a 2x ATH was formed eight months apart, is it possible that this will also happen, because the first ATH was done yesterday and is currently corrected to $62K from $73K, certainly a huge drop.
The halving period has not yet occurred, but Bitcoin has already experienced a decline, so after the start of the halving period it will probably start to increase to form its second ATH.
And we will wait to see how much improvement will be made.

Bitcoin's bull market started a long time ago. But I think its ATH is not fully started yet. As it now appears that Bitcoin has reached its all-time high of $72000 and the Bitcoin market has taken a bit of a dump for a while now. Since the halving is still a few days away, I think it could pump Bitcoin again by mid-April and cross $72,000 And the bull run will become more dynamic in a few days. As the market of Bitcoin is down a bit now but it will pump up and its value will increase further.

Hmm, the correction is not yet done, last time I check it went down as low as $62k, so that is already a huge dump, from $73k-$63k and we don't know if it is the end of it or the market will continue as everyone is now very nervous and really pushing the sell bottom.

I wouldn't say it's surprising, but there are sets of members here who says that we will go down heavy around 30% before the halving and this could be the start. But the scary part is that we are still in the middle of the month and so there's still a lot of time to see this correction and price going on a downward spiral.

We know that currently, Bitcoin has corrected to a price of $67K. After a few moments ago, it was surprising that it exceeded the last ATH of 2021 at $73K. But there is no longer the ability to continue moving to reach the highest level before the halving period, but a correction occurs.
Of course this is surprising, because we hoped it would continue to increase, but it stopped, so reaching $100K will probably have to wait after the halving period has passed.
With the prediction that next year a renewable ATH will be created, it is certain that there will be an increase in the coming year, or will ATH instead be formed at the end of this year? Everything is still a prediction.

The problem now is to break the previous All Time High. Everyone was thinking that as the price hit the previous All Time High of $69,000, it would break or penetrate the price and hit the new All Time High but ironically, bitcoin drastically came down to $65k and stated from there again to the top. And now it is moving within $65k to the $68k and predictions said before next week will end the price will hit the new All Time High of $70,000 and from there it will go up to the final bus stop of $100,000.  The movement of bitcoin is nice and people are happy that bitcoin is high at this time of the economy.

It's too late to be speculating if we have entered the bull market or not cause we are already well in it now even if we have not exceeded our ATH, the question should be are you well prepared for up and the increase in bitcoin, cause only those that have quite the amount of bitcoin would benefit from the bull run, through out the bear season many person's that were busy trying to time the market instead of buying must have missed out on buying just because they were waiting for the best price to come, many newbies would be think that the bear still had more time, even after the ETF approval the price of bitcoin did not pump immediately and many persons still didn't take advantage to buy but we're waiting, some are buying now that the price are already shooting up and did not buy since the bear and I can't just understand why.

And just like that! bitcoin is now trading at $61k+ and we are on the last day of February, so there's the $60k predictions before the month ends.
This was the first thread I remember when I saw bitcoin just hit the $60k mark. I honestly has less expectations yesterday while bitcoin was still at around $57k going strong to $58k, but another huge pump just happened so there we go.
Again, we have like more than 1 month before the halving and we're closing the gap from the most recent ATH. Now, things are really getting interesting as bitcoin may most likely going to hit another ATH just before the actual halving and what's even more surprising and interesting is the post halving bullrun. Feels like the 6 digit mark is almost at the palm of our hands.

Things might be different for this bull market that's coming, Bitcoin is now trading at $60,000 and more also it has only few more dollars for it to reach the previous highest price for the last bull market which was $69,000 but some exchanges had it trading above $70,000. The market is vey bullish and it's making people to keep the buying pressure up while the halving fomo hasn't started yet. Probably when the halving fomo starts we can see bitcoin trading above $70,000 if no big correction happen anytime soon to bring down the price below $50,000. The market is getting difficult to predict correctly because alot of things are getting added to the industry and also alot of investors are joining the market and this is making Bitcoin to get more popular.

bitcoin price will reach its latest new ATH next year. because usually bitcoin price reaches new ATH 1 year after bitcoin halving. and this year 2024 is bitcoin halving year.
of course next year the price of bitcoin will experience its latest new ATH.
maybe this year can also reach new ATH bitcoin price

I enjoyed the party - yes, it was fun. It was indeed a profitable end of February for anyone still holding bitcoin in their wallet without selling it at $30K - $40K. The price will soon test $60K and may soon reach the same price as the previous ATH. Sure we've seen it verry close - but it will probably correct a bit before finally hitting hard.

No plans to sell at the moment - I'm inclined to think about how I can accumulate more. There's not much in my budget to spare at the end of the month for accumulation - but still enough to buy a few sats. It feels like a new ATH will be reached after the halving even though we are now seeing the price soaring high.

We still have at least 48 hours left to close the months so that still a pretty enough time for bitcoin to get to $60k, based on the chart I checked there seems to be a resistance at the $58k to $59k price level that’s why bitcoin is easily bouncing off from there. With it currently consolidating or ranging at this current $57k price level and the FOMO in investors continue to increase the bitcoin market momentum will increase and therefore break the resistance level which will set it not only to take out the $60k price target but on its way too to the ATH.

All in all it still an accumulation phase for me until a new ATH is set

This is bit tricky as this might be just another extended upwards trend and not a bull market and i understand the fear of market as we have seen massive increase in Bitcoin which makes people think what if this is the peak since people are expecting Bitcoin post halving and even if this is bull run which we are going through still some may not believe due to the past experiences. I am happy that I am avoiding this situation by doing DCA as that's the only way to combat uncertainty.

At the pace the market is growing, it is just a matter of few weeks and likely within next month that the a new ATH will be achieved. The market has demonstrated that there is growing rush of fresh capital into Bitcoin and that will not change anytime soon.

If what we have now us not bull run irrespective of the time frame, then I wonder what we will call bull run. We are about $12k away from the ATH and the momentum is still huge yet you believe there is a time frame we will view it and it will be seen as bearish. Like I said before, the present market condition is eminently qualified as bull run.

Those who invested when the price was still $16k are already making a big profit, but it's not yet the peak of the market, nor is their profit yet at the peak. Yeah, it's a huge profit, but the price of Bitcoin will still pump and go above $100k when the bull market reaches its peak, and that's when they will earn more profit.

I think the bull market has kicked off already. Just today, the Bitcoin price hit $57,600,  which is just a few dollars away from $60k, and once it gets $60k, then we are nearing the previous ATH. If by next month the price of bitcoin becomes as bullish as it is this month, that means that we might even hit another all-time high before the bitcoin halving happens. I am now beginning to agree with some people who have already speculated for an all-time high before halving. 

Although the price might drop, anyone who still buys now will be able to earn some profit before the bull market is finally over by next year.

It just pulled back a little to $55k as of the moment I am typing this and there are like a couple of days left in February, but with a huge pump of up to $5k in the next 48 hrs could bring us closer if not hit the $60k mark which brings us a little more closer from the most recent ATH as well, just like what just happened today. Though my hopes aren't so high to see such figure at the end of this month, but March could make that possible. I even had this intuition that we're gonna be hitting a new ATH which could be a little above than the last one before we reach the actual bitcoin halving, that I purely based on the current price actions. Market sentiments are too positive and optimistic since the start of this year (January) moving forward because of the ETF approval and of course the upcoming bitcoin halving.  
Usually, bitcoin will hit a new ATH months after the halving, but this year could be a little different, we might see it sooner than before.

Today was one of the craziest days ever. I see in the morning there was a slight dip to $51K. Then later it breaks $53K and then $54K and touches $55K. And trades there for a bit. Then all of a sudden it breaks $55K and tops out at $57K. I couldn’t believe my eyes.

The flows were strong today. GBTC only had like $20M outflow but the rest are currently at like $300-400M without  the blackrock numbers. So we will most likely see record inflows today.

No one has a crystal ball to know what will happen in the future, everyone are just making their predictions and it may or may not be right. Today bitcoin suddenly increased and touched $57.5k but can you or anyone else guarantee that it will touch $60k this month? No one has proof or can guarantee this.

Bitcoin could easily touch $60k once it rages but it could also retrace to $4xk if a black swan appears in the market. The unpredictable nature is what makes financial markets so interesting.

Like clockwork!
Yesterday I saw a thread about talking to Bitcoin about whether Bitcoin may reach $60,000 before the end of this month. And look we have a few hours left and we experienced this huge pump.
So for me, this $60,000 is easy once Bitcoin will rage.

well we got to 57k  now 56.2k both are nice numbers.  Still not there for miners but close.

If we were at 72k at this moment miners would be tripping. And so would normal investors of btc.

That would be full on bull number.

We are close.

It's always been anticipated to have a bull market right after the next halving or when even halving is coming.
Now, everyone is waiting for the next ATH which possibly takes month(s) before it will happen.

Lucky for those who have patiently waited for their Bitcoin holding which is not tempted to sell, they will receive a gift at the end when there's a new ATH.  And yes, investing in Bitcoin is still profitable since we aren't yet on ATH.

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The market has been bullish right before we got into the year 2024 and for me I wonder what other bullish signs some other persons are watching out for before they come to a conclusion of this fact. The tendency for an ATH to be met before the halving is getting more assuring with each passing days and weeks to the expected month of the halving. There's still a profiting ground for investors to tap in so far as the previous ATH hasn't been met because what am looking at as next ATH is above $100k.

In this case, it is important to learn about bitcoin from the beginning. Not only about what bitcoin is but from some abbreviations or terms that exist in bitcoin so that we can know exactly what is happening.
Indeed, for newcomers maybe the word bull run or ATH and others are sometimes a little confusing but that is precisely what must be learned and understood from the start so that misunderstandings do not occur in investing and being in bitcoin.

We know that sometimes new people prefer to explore further so that they look like people who already understand but in the end when the misunderstanding in the meaning of the terms or figures of speech in crypto is misinterpreted, the impact can be detrimental to themselves because it is not wrong to appear to be aggressive in bitcoin but of course aggressiveness must also be correct so that we are not mistaken in the next action.

For me, Bitcoin started a bull run when it crossed the $30K zone. Still, it's been growing; even halving hasn't happened yet. I think, due to Bitcoin ETF approval, the bull run is going fast. Those who accumulated in the last bear season are happy now if they hold on till now. Today we have seen a significant movement on BTC. I am not sure if there is any other reason behind it. But it seems Bitcoin is not going to dump soon before it passes the previous ATH and records a new ATH. I hope soon the most-awaited ATH comes. 

There is a misconception for some people in regards to price movement...
For newcomers, when they see the price of Bitcoin going high, they will then think of ATH but when it drops, they will then think of collapse. Honestly, there are a lot of market experts that create confusion for some individuals.

Currently, we are in a bullish state but yes, not yet ATH. The ATH is not been seen yet when it comes but probably it happens after halving. So many speculations arise that it will happen this year and next year but that is uncertain. But it doesn't matter when it comes as long as we invest and are ready for such a big event in the market.

You may be right, and many others have suspected it for some time... so by many I mean the old bitcoiners here in the forum. Last year we have a very strong increase, it was +130% for bitcoin and this year the halving is coming and the cycles in the past have shown it. It is a special event and many days/months later the ATH came. Currently there is even speculation of an ATH before the halving and it may well happen, we are not far away.

Bull run depends on the timeframe
It could be short, mid or long-term
And the way things are all terms are leaning favourably towards a bull run.
The bears might deny it but we already in a bull run since last year recovery.
Any price of BTC lower than its ATH is a good price to buy
To me it's like the undervalued section.

About pocket money on investment
The truth is this would only bring a substantial gain if it's done as a DCA i.e not a one time investment but continuous.

There are some things we might be missing about this market and if time not taken this will mislead people since people always have this mindsets that whenever market changes is bull and of curse when you look at it from various angle you will think is already bullrun. Let say bull run are always considered when the previous ATH is achieved reason because there were some people who invested at the very high price of $68k on the hope to get $100k without knowing that is the maximum market could go for that year, those people who bought at that price sees the market as still bear currently because their capital has not been achieved but if their capital has been achieve we can say the market is on bull run. Likewise to people who has invested when the market was dip can see themselves as people who are already swimming on the bull wave presently.

Many people are still wondering if what is happening to bitcoin (the rising of bitcoin price) is the bull market or run because their thinking is that the bull market will start after the halving in the month of April. And yes the bull market has started now but the All Time High will come after the halving. And as it is now, those who join and invest when bitcoin was $16,000 in the year 2022 are now on their peak in the investment. They have nothing to loss and once the price hit All Time High of $100k then their profit will be huge. And for those who were confused about the bull run and the All Time High. The Bull run is also known as bull market but the bull is not the All Time High (ATH).

The BullRun is the journey to the All Time High. Like now we are on the BullRun. You can invest in the BullRun and still make profit in the All Time High. So if you have spare money in your pockets, purses and trousers pockets use it to invest now that we are on the bull. And for those who want to experience the Bull Market in bitcoin. Now you are in but most of you don't know. Because of the different predictions of the market, many investors mostly the newcomers will miss the time.