Topic: Bitcoin to make new all-time-highs within 24 months: Coinshares CSO - page 2. (Read 261 times)
July 13, 2022, 06:10:28 PM
Right now everyone is over the 4 year cycle. We don't know how this is gonna happen this time. Connecting to the previous years of market change people believe it. The bearish market needs time to grow up overcoming the factors that restrict the growth within specific limits. Particularly the focus is upon the halving. I don't know the date exactly, but the July month of 2024 looks close to the days of halving.
July 13, 2022, 05:49:35 PM
I don't think, it will take a long time before the price will increase higher in the crypto market for those that bought at the lower price to start earning from their investment. The price will definitely hit $100k before the end of this year 2022 because many researchers has came to discover that the price will no longer take a long time before it will remain stable till the end of 2024 which is the seasons many long term investors are waiting for in the community.
To early to think that $100k would be reached by this year and actually we don't have good news to wait for this to happen. Maybe the same as what happen before where most of huge bull runs happen on halving this time maybe we can say that $100k will definitely reached since for sure once hype build up the price would shoot up again and for sure this event is the most awaited time of all people here.
July 13, 2022, 04:42:44 PM
I don't think, it will take a long time before the price will increase higher in the crypto market for those that bought at the lower price to start earning from their investment. The price will definitely hit $100k before the end of this year 2022 because many researchers has came to discover that the price will no longer take a long time before it will remain stable till the end of 2024 which is the seasons many long term investors are waiting for in the community.
July 13, 2022, 04:19:45 PM
24 months would take us to July 2024 which is approx May 2024. Historically we see an ATH not too long after the halving but I don’t know if 2 months after the halving is a bit too soon. I think more likely is we see an ATH in late 2024 but let’s wait & see.
That is true, I have edited the OP for correction, July 2023 is 12 months from now while 24 months from now is July 2024. I too believe that people will buy bitcoin more after halving. The first halving was on 28 November 2012, the second halving was on 9 July 2016, the third halving was on 11 May 2020. Looking at this having period, it is almost 4 years before the next halving but not up to four years, because of that, I think 2024 halving may occur before May and it may be more than 2 months to July by that time. But I too can be wrong, it is possible that halving can even occur after during or after May 2024.
I understand your point though, the price of bitcoin still always take some months before reaching all-time-time and it can take over 2 months or more, but we do not know yet when the halving will occur.
July 13, 2022, 04:02:52 PM
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If I will have to be positive about bitcoin price, I always think that this year will only be full of bear market, that makes me still continue to think that it is possible the price of bitcoin may drop more, drop more in order to rise more in the years to come. All I am thinking is that a significant rise like that may not occur before halving, halving will be in 2024, not 2023. Is it possible for bitcoin to reach all-time-time by next year before bitcoin halving?
Even in the article they are not claiming that the price would rally by 2023, they are also expecting the market to recover by 2024 and that is when the next halving happens and before that it is impossible to think that we would see another market rally considering we know how the market usually performs throughout its existence and the best bet for the next rally is halving and it would be wishful thinking if anyone thinks we would see before that . If I will have to be positive about bitcoin price, I always think that this year will only be full of bear market, that makes me still continue to think that it is possible the price of bitcoin may drop more, drop more in order to rise more in the years to come. All I am thinking is that a significant rise like that may not occur before halving, halving will be in 2024, not 2023. Is it possible for bitcoin to reach all-time-time by next year before bitcoin halving?
July 13, 2022, 11:04:31 AM
24 months would take us to July 2024 which is approx May 2024. Historically we see an ATH not too long after the halving but I don’t know if 2 months after the halving is a bit too soon. I think more likely is we see an ATH in late 2024 but let’s wait & see.
July 13, 2022, 10:44:00 AM
We normally see a nice run after a halving (not sure if we actually normally reach an ath by then or not though - I thought they normally come in quite a bit after).
It does look like the person making that statement is just collating most freely available analysis/robably the one "most likely" into one concise press release though.
(most likely is far from definite)
It does look like the person making that statement is just collating most freely available analysis/robably the one "most likely" into one concise press release though.
(most likely is far from definite)
It also did not follow the normal BTC cycle. But perhaps this is because of what we have heard from some BTC speculators who also try to force a bullrun by making an analyzis of supercycle. Yep maybe he have heard or watched the sames videos of those guys.
I however thought of it too because I really think we have reached the bottom so far, and its already abiut to burst up in weeks. If we also have to related to the economic crisis today, I say BTC will be the savior for all the failing currencies, its time to be in the mainstream news.
July 13, 2022, 10:27:24 AM
We normally see a nice run after a halving (not sure if we actually normally reach an ath by then or not though - I thought they normally come in quite a bit after).
It does look like the person making that statement is just collating most freely available analysis/robably the one "most likely" into one concise press release though.
(most likely is far from definite)
It does look like the person making that statement is just collating most freely available analysis/robably the one "most likely" into one concise press release though.
(most likely is far from definite)
July 13, 2022, 10:25:53 AM
There’s a possibility but his words alone has no value anymore to crypto traders. There’s a lot of prominent people including those wannabe’s that make a bold prediction just to get an attention from the public to promote there company.
US inflation is worsen every month while there’s a lot of bad things happening globally that affects global economy. I dunno if we can see again a new ATH while everyone is on panic with there personal financial status against inflation and possible recession.
US inflation is worsen every month while there’s a lot of bad things happening globally that affects global economy. I dunno if we can see again a new ATH while everyone is on panic with there personal financial status against inflation and possible recession.
July 13, 2022, 10:19:20 AM
I don't read media like the ones you linked to, so I won't know why some CEO thinks that spring will come in the middle of winter if we're going to say it metaphorically. However, you mention July 2023, while this CEO talks about a period of 24 months, so he didn't really say anything other than that the new ATH will be sometime within 2 years, which means maybe 1-2 months after the halving in 2024.
If you ask me, it's an ordinary paid article to promote the company, that CEO doesn't know anything more than you or me.
If you ask me, it's an ordinary paid article to promote the company, that CEO doesn't know anything more than you or me.
July 13, 2022, 06:31:25 AM
Yes could be...
Bitcoin has a 4 year cycle.
The only funky part is that the halving is traditionally the lowest point in the log curve.
This would mean the new ATH will be approx Q4 2024.
So it could be that there is an ATH before the halving.
Bitcoin has a 4 year cycle.
The only funky part is that the halving is traditionally the lowest point in the log curve.
This would mean the new ATH will be approx Q4 2024.
So it could be that there is an ATH before the halving.
July 13, 2022, 06:22:59 AM
We are in July now, this means that bitcoin can hit all-time-time before July 2024. Is that possible? What is your opinion about this?
Read about the news from here:
https://cointelegraph.com/news/bitcoin-to-make-new-all-time-highs-within-24-months-coinshares-cso
If I will have to be positive about bitcoin price, I always think that this year will only be full of bear market, that makes me still continue to think that it is possible the price of bitcoin may drop more, drop more in order to rise more in the years to come. All I am thinking is that a significant rise like that may not occur before halving, halving will be in 2024. Is it possible for bitcoin to reach all-time-time by 2023 year before bitcoin halving, or by 2024 according to Coinshares CSO analysis?
Read about the news from here:
https://cointelegraph.com/news/bitcoin-to-make-new-all-time-highs-within-24-months-coinshares-cso
If I will have to be positive about bitcoin price, I always think that this year will only be full of bear market, that makes me still continue to think that it is possible the price of bitcoin may drop more, drop more in order to rise more in the years to come. All I am thinking is that a significant rise like that may not occur before halving, halving will be in 2024. Is it possible for bitcoin to reach all-time-time by 2023 year before bitcoin halving, or by 2024 according to Coinshares CSO analysis?
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