It is definitely possible but we can't predict it like this!
It is a fact that historically we have had rallies before the halving date and price has gone up in the past.
It is a fact that when the rallies begin and resistance after resistance is broken, a strong momentum forms which will bring the price higher and higher giving it the potential of setting a new ATH.
But
It is also a fact that in the ongoing recession over the past year+ the sell pressure on bitcoin is high preventing big rises or even creating crashes.
It is also a fact that the heavily increased interest rates in many countries specially US has been sucking the money out of all other markets (including bitcoin) preventing them from rallying.
It is also a fact that the World Order has changed and during this transitional phase the world will be chaotic and in chaos, markets become a lot more unpredictable than before. Specially since there is a global economic conflict going on.
Topic: Bitcoin will reach all-time-high before halving. - BitQuant - page 6. (Read 762 times)
The halving is not that far off. So it needs to start pumping soon. If the etf are approved then I can see this ignite this way.
When bitcoin pumps it can double within a span of a few weeks, so going to a new ATH is not unrealistic but currently we got no momentum. It just trades sideways for weeks. Hopefully it starts to move soon.
When bitcoin pumps it can double within a span of a few weeks, so going to a new ATH is not unrealistic but currently we got no momentum. It just trades sideways for weeks. Hopefully it starts to move soon.
I don't see any possibility that ATH can be achieved before the halving. While not impossible, I tend to disagree. If the ATH is reached before the halving, then of course there is a big dump cycle after some time of the halving which will basically throw minners out of the back lane.
The halving has so far tended to encourage more demand which has resulted in bitcoin hitting ATH. No one knows for sure how high the price will hit after the halving, but some predictions seem too high from what I imagine. Of course something like that is achievable, but to me $250k is too high. I think the highest price for ATH in the next halving period is less than $200k, it could be $150k to $180k.
The halving has so far tended to encourage more demand which has resulted in bitcoin hitting ATH. No one knows for sure how high the price will hit after the halving, but some predictions seem too high from what I imagine. Of course something like that is achievable, but to me $250k is too high. I think the highest price for ATH in the next halving period is less than $200k, it could be $150k to $180k.
In the past the price reached and surpassed the previous peak aka ATH at around the halvening, but this doesn't mean it have to happen again with the next halvening. Halvenings are not equal, every halvning is weaker than the previous one, because a smaller share of total supply is being cut. Already over 93% of all coins have been mined, so I don't think we should expect from the next halvenings the same performance as when only 50% or 75% of the supply was mined.
We already saw the slow down of growth during the previous cycle when the ATH only increased from $20k to $69k, and not to $100-300k like many tried to predict based on past performance.
We already saw the slow down of growth during the previous cycle when the ATH only increased from $20k to $69k, and not to $100-300k like many tried to predict based on past performance.
No, #Bitcoin is not going to top before the halving.
Yes, it's going to reach a new all-time high before the halving.
No, #BTC is not going to $160K because the magnitude of every pullback is large. This means it will peak after the halving, in 2024. And yes, the target price is around $250K.
Yes, it's going to reach a new all-time high before the halving.
No, #BTC is not going to $160K because the magnitude of every pullback is large. This means it will peak after the halving, in 2024. And yes, the target price is around $250K.
What BitQuant is saying is that before the next halving, bitcoin will reach all-time-high but it will not be the all-time-high before a massive bear market will begin again. That bitcoin will later still increase up to $250000 after halving, which would be the all-time-high.
I know some of you people will agree that bitcoin may reach $250000. What about bitcoin to reach all-time-high before halving? As for me, I do not think so and the all-time-high I am predicting is $170000.
All the communities here will probably think that I hope that will happen. But we know that all the predictions so far are just opinions. It won't be real until it happens. I even watched someone on YouTube; I just can't remember the name of the channel where he mentioned that before the end of the year 2023, it is possible for Bitcoin to reach $100,000.
That's what he said while He was interviewing on a broadcast news program; I just forgot the name of that news program.
So, it means that it can really happen and that it can also not happen.
Who the hell is this QuantRant that such a tweet should be considered worthy of discussion? @Tytanowy Janusz wrote an excellent post and there is hardly anything to add, except that those speculating about a new ATH before the halving have only one thing in mind, and that is the possible approval of the spot BTC ETF in the US.
Given that the deadline for the SEC to make its decision is sometime in early 2024, it is logical that all these "experts" compete in their speculations, which in the end are nothing more than that. I really don't want to speculate too much about the prices, it is realistic to say that it will be somewhere between $70k and maybe $150k at the peak, although there is a possibility that it will be much more.
Given that the deadline for the SEC to make its decision is sometime in early 2024, it is logical that all these "experts" compete in their speculations, which in the end are nothing more than that. I really don't want to speculate too much about the prices, it is realistic to say that it will be somewhere between $70k and maybe $150k at the peak, although there is a possibility that it will be much more.
I like to think I'm optimistic about Bitcoin but I also like to be realistic. The next halving is how far away now, five to seven months from now? How are we going to get an all-time high in this relatively short period? Bitcoin is on about $26500 currently. The best it can do for this year is $35k and this is me being optimistic.
I believe Bitcoin will have a very favorable run after the next halving, I am even going out on a limb and agree we will see a new all-time high but I don't believe we'll see one before the next halving.
I do not believe that we will see Bitcoin at $100k or higher as an all-time high. My guess is, it would be somewhere around $70k
I hope I'm wrong and Bitcoin gets to $200,000 though
I believe Bitcoin will have a very favorable run after the next halving, I am even going out on a limb and agree we will see a new all-time high but I don't believe we'll see one before the next halving.
I do not believe that we will see Bitcoin at $100k or higher as an all-time high. My guess is, it would be somewhere around $70k
I hope I'm wrong and Bitcoin gets to $200,000 though
If this happens, then this is the first time that we will see a new all time high before halving, and with that, I will say that I will take their statement with a grain of salt. History tells us that a massive bull run always happen after the block halving, regardless of what is the status or the situation of the global financial markets.
Bitcoin have had a run up of all time high before the halving before and if this happens it won't be surprising to see Bitcoin reaching all-time high before the Bitcoin network block halving, I think Bitcoin's all-time high can come at any time, despite having to be one of the triggers for ATH. But where I have some doubt is in what amount the all-time high is predicted because achieving a $250k price as predicted all-time price of bitcoin may look unrealistic at least not at this time.
When did we hit all-time highs before the halving? To my memory it has never happened before, bull markets and new ATHs are always created after halving. There is no telling exactly when this ATH will happen but I will believe that the past will repeat itself until there is new history.
$100k is a pretty low goal for me and $250k is actually pretty high for bitcoin to reach. But if the bull season coincides with the world economic recovery, we will have more catalysts and hope for the unexpected.
If this happens, then this is the first time that we will see a new all time high before halving, and with that, I will say that I will take their statement with a grain of salt. History tells us that a massive bull run always happen after the block halving, regardless of what is the status or the situation of the global financial markets.
This are just normal people like us, and we can even be better than them. I too will doubt this but just that people like these are well known to many people, that does not suggest they are better than us when it comes to prediction. Bitcoin has never gotten to all-time-high before halving and I do not think this will happen this time. But if to buy bitcoin now is the question, the answer is yes and people can also go for DCA. But for all-time-high before halving, I do not believe that will happen at all. 
No, #Bitcoin is not going to top before the halving.
I know some of you people will agree that bitcoin may reach $250000. What about bitcoin to reach all-time-high before halving? As for me, I do not think so and the all-time-high I am predicting is $170000.
It's high time we stop listening to these people and focus on our speculation, but may still listen to the external ones that are more reasonable and feasible. One similarity I noticed about crypto celebrities/businesses like this is that they always open their mouth to spit out anything that comes to their head but without any important data or analysis to back it up. These are mere guessers that people tend to worship as a demigod if their gamble narrowly happened, while some are only seeking attention. Many of such have been put to shame in the past with their outrageous pronouncement and this one will likely join the league soon.I know some of you people will agree that bitcoin may reach $250000. What about bitcoin to reach all-time-high before halving? As for me, I do not think so and the all-time-high I am predicting is $170000.
And of course, Bitcoin has the liberty and prospect to touch higher levels before halving, but one thing I would say I'm almost sure about is that it will not reach the ATH before the tradition. As for $250,000, I expect a surprise in about a year after the next halving, but for Bitcoin to hit almost x4 of the present ATH seems to be something impossible. Altcoins will have their fair share of the crypto capital investments too, it's not all about Bitcoin.
It's more practical for the rise to be gradual in each halving season, however, it's not entirely impossible.
Impossible to predict. Predictions based on 1 parameter (halving) and ignoring the entire complexity of the world are ridiculous. After a quick look at BitQuant's profile, I can say that the predictions are 100% pure fortune telling. You know what I mean? If you take a handful of sand and throw it on the ground, some out of the millions of grains will start to form patterns (from a mathematical point of view, it is impossible for no pattern to form). BitQuant takes these patterns and makes predictions based on them. Looking at the comparison to the Nasdaq, for example, I had a good laugh. BitQuant provides a pattern with N=0 (number of repetitions of the pattern) as the source of prediction. It happened once, it will probably happen again and on bitcoin XD
Technical analysis doesn't work like that. If you search the Internet for descriptions of well-known AT patterns, e.g. fallwing wedge, you will read something like "A falling wedge stock chart pattern is 74% reliable on an upside breakout of an existing uptrend. When the price breaks through resistance, it has an average 38 % price increase. If the price breaks downwards, it is 71% successful, with an average price decrease of 14%." And based on this, you can make some predictions, instead of drawing in Paint what the chart would look the nicest and what would bring me the best profits and hoping it will happend. Its not analysis.
Technical analysis doesn't work like that. If you search the Internet for descriptions of well-known AT patterns, e.g. fallwing wedge, you will read something like "A falling wedge stock chart pattern is 74% reliable on an upside breakout of an existing uptrend. When the price breaks through resistance, it has an average 38 % price increase. If the price breaks downwards, it is 71% successful, with an average price decrease of 14%." And based on this, you can make some predictions, instead of drawing in Paint what the chart would look the nicest and what would bring me the best profits and hoping it will happend. Its not analysis.
As if I haven't heard things like this many times before, in 2018, there were predictions like this and what no one saw coming was the bottom price for Bitcoin in 2020 when there was a virus outbreak called COVID.
No one knows shit, this next bull market can come as a surprise, in a different form but again, the past history can once again repeat itself, it's none of your business if you have already prepared for anything.
In the crypto space, anything is possible, do not follow what people are predicting, most times, things turn out differently, have a plan or strategy ready, whatever Bitcoin does must favour your decisions, have this in mind and plan towards it, and you will be fine.
250k per Bitcoin? I doubt it, and I am never going to change my plans because someone said 250k per Bitcoin is possible, it could be nonsense feed to people to keep them waiting for that 250k price and others take profits while you waiting.
No one knows shit, this next bull market can come as a surprise, in a different form but again, the past history can once again repeat itself, it's none of your business if you have already prepared for anything.
In the crypto space, anything is possible, do not follow what people are predicting, most times, things turn out differently, have a plan or strategy ready, whatever Bitcoin does must favour your decisions, have this in mind and plan towards it, and you will be fine.
250k per Bitcoin? I doubt it, and I am never going to change my plans because someone said 250k per Bitcoin is possible, it could be nonsense feed to people to keep them waiting for that 250k price and others take profits while you waiting.
No, #Bitcoin is not going to top before the halving.
Yes, it's going to reach a new all-time high before the halving.
No, #BTC is not going to $160K because the magnitude of every pullback is large. This means it will peak after the halving, in 2024. And yes, the target price is around $250K.
Yes, it's going to reach a new all-time high before the halving.
No, #BTC is not going to $160K because the magnitude of every pullback is large. This means it will peak after the halving, in 2024. And yes, the target price is around $250K.
What BitQuant is saying is that before the next halving, bitcoin will reach all-time-high but it will not be the all-time-high before a massive bear market will begin again. That bitcoin will later still increase up to $250000 after halving, which would be the all-time-high.
I know some of you people will agree that bitcoin may reach $250000. What about bitcoin to reach all-time-high before halving? As for me, I do not think so and the all-time-high I am predicting is $170000.
All of the scenarios you listed there sound good to me. I’m not sure if we reach an ATH before the halving but the cycle high you mention there as $170,000 to $250,000 is actually what I think will happen. I think the Spot ETF’s getting approved will drive this run. It’s going to be an exciting ride, there is still chances to pick up cheap bitcoin before the fireworks begin though.
If that really happens, all Bitcoin investors will welcome it happily and many people will sell their Bitcoin at the price. And that will be a new record for the price of Bitcoin because it managed to break through its last ATH.
Bitcoin investors will agree to see it because they will make huge profits, depending on how many Bitcoins they sell later. But we still have to wait again to see whether it will happen before the halving or whether it will happen after the halving.
I think maybe the price of Bitcoin before the halving can reach above $100000 but maybe it can't reach above $170000 yet. But after the halving occurs and after a few months, the movement of Bitcoin will increase and there may be mass adoption in the next year and 2025. But we'll see that soon. It will become more interesting.
Bitcoin investors will agree to see it because they will make huge profits, depending on how many Bitcoins they sell later. But we still have to wait again to see whether it will happen before the halving or whether it will happen after the halving.
I think maybe the price of Bitcoin before the halving can reach above $100000 but maybe it can't reach above $170000 yet. But after the halving occurs and after a few months, the movement of Bitcoin will increase and there may be mass adoption in the next year and 2025. But we'll see that soon. It will become more interesting.
If this happens, then this is the first time that we will see a new all time high before halving, and with that, I will say that I will take their statement with a grain of salt. History tells us that a massive bull run always happen after the block halving, regardless of what is the status or the situation of the global financial markets.
Bitcoin have had a run up of all time high before the halving before and if this happens it won't be surprising to see Bitcoin reaching all-time high before the Bitcoin network block halving, I think Bitcoin's all-time high can come at any time, despite having to be one of the triggers for ATH. But where I have some doubt is in what amount the all-time high is predicted because achieving a $250k price as predicted all-time price of bitcoin may look unrealistic at least not at this time.
If this happens, then this is the first time that we will see a new all time high before halving, and with that, I will say that I will take their statement with a grain of salt. History tells us that a massive bull run always happen after the block halving, regardless of what is the status or the situation of the global financial markets.
And just like those who predicted that there will be 2 big bull run after it has ended in 2021, which didn't happen.
With that, I doubt that BitQuant statement or their predictions on Bitcoin reaching all time high before halving, in my opinion.
And just like those who predicted that there will be 2 big bull run after it has ended in 2021, which didn't happen.
With that, I doubt that BitQuant statement or their predictions on Bitcoin reaching all time high before halving, in my opinion.
No, #Bitcoin is not going to top before the halving.
Yes, it's going to reach a new all-time high before the halving.
No, #BTC is not going to $160K because the magnitude of every pullback is large. This means it will peak after the halving, in 2024. And yes, the target price is around $250K.
Yes, it's going to reach a new all-time high before the halving.
No, #BTC is not going to $160K because the magnitude of every pullback is large. This means it will peak after the halving, in 2024. And yes, the target price is around $250K.
What BitQuant is saying is that before the next halving, bitcoin will reach all-time-high but it will not be the all-time-high before a massive bear market will begin again. That bitcoin will later still increase up to $250000 after halving, which would be the all-time-high.
I know some of you people will agree that bitcoin may reach $250000. What about bitcoin to reach all-time-high before halving? As for me, I do not think so and the all-time-high I am predicting is $170000.
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