Topic: Can Bitcoin reach another new ATH before the bull run begins? - page 3. (Read 565 times)

There are a lot of speculations in this field of industry about that matter, and they all expect that there will really be an ATH in the price value of Bitcoin. That's why, in the current situation that we are experiencing now, we feel and also notice that we are still correcting.

That's why most are floating and others are still in discovery and waiting to see what will happen on the chart where there will be a swing low or a swing high, just so they can determine if we are still uptrend or downtrend.

If you are here to invest for long term, you wouldn’t be bothered whether its new ATH comes delayed or not, simply because you have your own target price to sell regardless if its new ATH will be achieved or not. However, seeing the current bitcoin price, I have high hopes that bitcoin will eventually reach a new all time high, but we can’t be certain if it’s going to happen this year or the following year. So patience really matters a lot, if you can’t be patient, you will never experience massive profits selling at a new all time high.

Those who are anxious for a new ATH are just being nervous unnecessarily. I believe as a long time investor, there is no need to panic when a new ATH is created and such person could not be able to sell before it fall back to previous ATH. Those people should not be considered as investors rather considered as traders because it's only trader's that are happy each time the price is high and worried when its dip and want to sell, but investors don border atol till they meet up there target.

The potential is definitely there but this potential doesn't seem to be able to turn into momentum because of the weird sell pressure that continues to exist due to the terrible economy that exists around the world and is worsening as the recession deepens.

We can "touch" the ATH again in the near future but I don't think we can expect a bull run anytime soon. At least no in the same way as we are used to when we talk about "bull runs".

It all comes down to why you acquired bitcoin in first place. Was it to make some profit in a short time or was it to reach financial sovereignty. For those who see bitcoin as a quick profit making machine, they are anxious about the rise and falls and worry about when the bull run begins. Otherwise for long term investors and others it is not important...

As of now we are already in the bull run and bitcoin continues to consolidate between 70k and 60k and I don't know if ots just resistance to take us into 80k and anyway I'm feeling that bitcoin woudl hit far bigger price range than we expected and this bull run still has a lot of fire and lifespan till we see another bear.

Converting your Bitcoin to USDT was a good move when Bitcoin got it's new ATH but since there was no significant dip after the halving apart from when it got to $56k and started increasing again don't you think that applying the DCA may not be suitable again since you will be buying at a higher price each time of your DCA, I was thinking that your plan of converting your Bitcoin to USDT was to wait for a dip then you rebuy with same amount of your USDT at once.

Definitely selling your Bitcoin when a new ATH is created is not a prerequisite that you gonna make much profits but hodling for a long term can guarantee you of a bountiful harvests when your investments are due for you to sell and make some good profits.

Bitcoin did crossed the last all time high but it was not the bull, the price has now sustained around 70K making the 60K price range a good support, the resistance around 70K doesn't exist anymore. That means a slight price hike would lead us around 80K and if the bull does come, the price would easily go over 100K. I'm bullish on bitcoin and believe the bull would come this year or next. 100K would be a large resistance but we can easily target around 98K.

Exactly, Why worry indeed.

We have seen in at least the last two halvings that there was a bull run after those
events, there is a good chance it will happen again.

We are currently in that dead zone directly after the halving where there is not much
upwards movement but as per the last two halvings this for me anyway was expected.

Patience is key

Not sure if they are anxiously waiting though, I mean they didn't sell when we hit a new all time high of $73,000 because majority of them are looking at the bigger picture. So they might just be sitting and enjoying the market currently as they can continue to buy and HODL, simply strategy but very effective, and then just sell at the right time. There is a speculation that we will see 6 digits most likely next year and this is where we should look to sell.


As I have said, No, just let the market come to you, you don't need to force yourself and make it harder, specially if you keep on thinking on when the new all time high will be reached. The best thing is to is to remain calm and if you still have budget then continue to DCA.

Investors being aware that their anxiousness about the market price could be unhealthy to them would only have to invest and keep holding because your state of emotions to FOMO can't change the market situation and wouldn't do you pretty good with your investment unless you've a short term goal to take advantage of the little profits on when the market experiences new ATH.

Honestly I do have a practical term since my few times of being here. When we withnessed the recent ATH, I converted 60% of my bitcoin to the stable coin USDT strategically to accumulate more values of my bitcoin assets through the DCA processes.
So as we ventured into the halving and the dip events, I began DCAing until I accumulated more bitcoin values than I was supposed to have if I had just kept holding on.
I'm definitely not cashing out even though we meet series of ATHs but untill the bullrun. This is how I've programmed my bitcoin investment.

Bitcoin price started to rise since the beginning of the year and it hit all the highs during the initial bullish moment. Bitcoin didn't take much of a correction before and after the halving, but bounced back with mild corrections. Last week Bitcoin crossed $70k or just little bit below the all-time high. Now that we're entering the middle of the year, I wouldn't be surprising to see Bitcoin cross the ATH again before the end of the year considering Bitcoin's main bull season. It could be very soon.

If you ask me = Yes the new ATH will be engraved again.
Am I worried? Of course not and I won't throw it away, no matter how hard it is, I will still HODL because it will reach its peak soon.

That is the prediction that I assume in the future, there is no worry whatsoever, I will not be too aggressive in buying bitcoin because of financial capabilities that do not support it so as much as possible if there is a good opportunity or the price corrects again to $ 60K then the opportunity will buy.

Most people's target of $100K is probably a little easy.

Why worry? Has bitcoin experienced a significant decline? No, it hasn't.
Now the price is close to $70K which means it will actually rally to make a new ATH maybe the end of the year or even the following year, I'm not too worried and just waiting while accumulating if this is still a good price opportunity because if you already know how the rally will regret not buying more.

If we do speak about new all time highs then - NO ONE REALL KNOWS!
If we do speak about on securing your profits then - IT WOULD REALLY BE JUST DEPENDING ON YOU!


On the moment that we have stepped our foot into this market then we had already been dealing up with a very volatile,unpredictable,random, and speculative market on which there's no way that we could really be able to predict on where it would really be heading. Breaking new ATH's or making some dumps before halving, it doesnt matter. We would really be still needing to move forward. Somehow, it is really that not shocking that people would be making up some questions basing up on what we had experience recently about breaking new ATH before halving which is really that an unusual case to have basing up on previous cycle where
prices had started up to break those ceilings after few months of the said halving, but now we are seeing the different thing. This is why on the moment that we are really that be able to experience out such condition
then it would be normal that you would be having those kind of anticipation that we might be seeing another breaking ATH's before we do hit up bull run but just like been said above that no one really knows
this stuff.

Bitcoin reached its ATH because of the bull run and to be honest, the market is still bullish and it was always bullish and that's why Bitcoin reached a new ATH.

We are already in the bull market and I believe overtime it will get more intense. The intensity of the bull run isn't much right now but it's going up each new day.

I'm pretty sure that we will soon see another ATH during these few months and I even expect that Bitcoin may cross the new ATH once again this year to set another ATH.

Every investors has a plan to sell their assets at a certain price range. So he has to monitor the price at which he is trying to sell. Every ATH brings profit and great prospects for investors. When the market is bullish, there is great potential for profit in all types of investments, and when it starts to decline, investors become restless. While Bitcoin holders or those investing with long-term investment prospects are not likely to be too volatile, it is natural that short-term investors will always be nervous. Market conditions are currently at a point where we could see another ATH before the bull run. Since 73K was the highest price there is a high probability of 75K before the bull run.

First know that we are still on the bull season and the market can from anytime henceforth shows more positive increase towards achieving a new all time high, it could instead be said in this way that bitcoin will get to a new all time high before or after this year ends, just as it has always been seen with the previous performances, bitcoin is going to get to a new all time high and if we have investment in it, we are going to partake of this awesome benefit.

If you take your profit from Bitcoin after the creation of a new ATH then it will be a suitable option and most of the people are doing the same thing because they buy at lower worth and sell when the new ATH becomes attainable.

In previous days the price again touched 71k$ but if we see today's worth then it is 67k$ which is another dump in its value. The market is highly unpredictable but we can make good use of this through buying and selling according to our profit not according to the others opinions.

Always choose to sell when you have profit and don't think that you will do what other people do because they have different goals from yours and I think one should regularly buy and sell their Bitcoin for their profit instead of continuing investment without selling.

We can only wait to see the new ATH that will be recorded in this circle because we are already in the bull run.

Talking about taking profit during the bull run, that depends on every investor plan on how he wants to take profit from his bitcoin when he is ready to sell. It is a norm that at every bull run investors must take profit, however, it is not all investors but those that feel they have made good profit and wants to cash out. It is good you set a sell orders when you want to take profit so that if bitcoin price reach the price of your sell orders, you can take profit at different price level.

I don't think that it's true that people generally take profit from there stacked bitcoin just because Bitcoin hit a new ATH. Regardless of wether you're a short term or long term investor, your concern isn't just about Bitcoin getting to a new ATH and that we have a new ATH doesn't necessarily mean that you should take your profit or sell off your holding. The difference between the recent ATH that we just had not long ago and the current Bitcoin price of $69k is just $4k which means that if someone had stacked his Bitcoin to the point he would have probably dimed fit to take his profit, it wouldn't be out of place if the fellow took his profit at the time when Bitcoin was at an ATH of $73k or now that it's at $69k. What I'm saying in essence is that the criteria for taking your investment profit isn't just that we have a new ATH or not, as long as you continue HODling your Bitcoin, you will be see several ATH in the future and will be in a very comfortable point that would tempt you to sell off your holding but you've got to know that what's more important about Bitcoin investments is that you have a good amount of Bitcoin such that even if Bitcoin doesn't climb to high in terms of its volatility, the least amount of percentage difference that's added to the price of Bitcoin during your accumilation phase would put you in a good profit region.

understand that Bitcoin is iether becoming more bullish or getting more bearish as time progresses. While the bullish period is the best time to consider taking profit, the bearish seasons aren't a bad time. Bearish season are corrections that allows you to buy Bitcoin at a cheaper rate so rather than becoming anxious that it's taken time before bitcoin breaks a new ATH, wouldn't it be nice to use those bearish season to stack as much Bitcoin as your capacity is able to carry? It's actually called Buying during the DIP.  whike you anticipate a bull, don't fall to make the best out of the DIP.

Remember that the rate of profitability  of the bull is dependent on how best you made you of the bearish season. If you stacked little Bitcoin during the bearish seasons and only spent your time being anxious of the price of Bitcoin, when it gets bullish you wouldn't have enough Bitcoin should there be a reason to sell at all.

and how much bitcoin would you have left after taking the profit the third time and then it goes further to a much higher ATH? You can't always take your profit out because Bitcoin has a new ATH, it's unnecessary and tells of how short termed you're with your investment.