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Topic: Can Bitcoin reach another new ATH before the bull run begins? (Read 551 times)

legendary
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An ATH of $100k will be the main key to whether Bitcoin can reach $120k or even $150k and possibly higher,
depending on how the Bitcoin trend is developing at the time.

But when most people's target is above $100k, this will get even stronger.
Now it is bearish, but making a repurchase to accumulate more bitcoin holdings is the right choice.
Bitcoin is still having difficulty breaking through resistance above $73K - this indicates that the market needs time to improve. Price recovery post the recent correction clearly requires support and time - this may not happen any time soon given that panic tends to prevail when prices try to recover.

You've said it right - it's accumulation time. But will every holder do it? I don't think so - economic and many other issues will affect their interest in the market. Only those with good sources of income will accumulate - while others will simply hold while waiting for the market to recover.

But also need to remember, a deeper downside risk may occur, so you must also be ready with the money reserves you have and take advantage of the opportunity.
My advice is not to do fast trading if you don't have expert knowledge in fast trading, it will only stress you out and will even lose your Bitcoin holdings.

If you want to trade, separate the portfolio, which for the long term should not be used for trading.
Some accumulation strategies can be tried - but price volatility can really make them lose a lot of their investment. Trading becomes one of the accumulation strategies for those who have the skills - while they will be safe without touching their initial investment in bitcoin. I agree with you - the main portfolio should not be touched, meaning they can trade with separate budget.
legendary
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For now, I think many investors still believe that bitcoin will reach a new higher ATH next year. Prices will probably exceed $100k to $150k, so it might be good to hold while accumulating. Price volatility can be exploited if you have the budget, otherwise you can hold it longer or use trading knowledge for accumulation efforts.
An ATH of $100k will be the main key to whether Bitcoin can reach $120k or even $150k and possibly higher,
depending on how the Bitcoin trend is developing at the time.

But when most people's target is above $100k, this will get even stronger.
Now it is bearish, but making a repurchase to accumulate more bitcoin holdings is the right choice.

But also need to remember, a deeper downside risk may occur, so you must also be ready with the money reserves you have and take advantage of the opportunity.
My advice is not to do fast trading if you don't have expert knowledge in fast trading, it will only stress you out and will even lose your Bitcoin holdings.

If you want to trade, separate the portfolio, which for the long term should not be used for trading.
legendary
Activity: 2618
Merit: 1181
Most probably those who don't have the target price to sell are the one who are more worried, but if you play long for sure you'll see this price drop as an opportunity to accumulate. The only problem here is your greediness especially if your target price was already hit but you still choose to hold and took the risk for not securing profit. Bitcoin will reach a new ATH in time, let's be more patient with the fluctuation and just be more strategic dealing with the current trend.
Exactly, every investor has a price target so if they meet it and has made some profits they can decide to sell. A real investor is not moved by market fluctuations because he knows that if the price Dip it gives investors more advantage to buy at a dip price in other to make more gains. Even though Bitcoin investment should be targeted in the long run but it doesn't mean that if an investor have made good profits that they shouldn't withdraw it after all the reason for making investments is for profit making so selling after a profit has been made isn't bad at all.
For me if an investor decides not to sell even when their price target have been met is shouldn't be an issue so far as they don't sell when a dip happens, they should learn to be patient enough to withstand the pressure that accompany the market some times.
Waiting for a new ATH may not be useful for any investor who is new into Bitcoin except those that have been hodling for long now.

In many cases, greed will likely only harm you. If investors do not sell at the price included in their plan, then they must be prepared to wait longer to take advantage. If your investment goal is to make a profit, then you must be consistent with your plan even though it is still possible for you not to sell everything. Selling gradually is an option, but it can be done only if you believe that there is better potential to look forward to in the coming year.

For information, the price of bitcoin fell 5.6% in the last 7 days or 8.7% in the last 14 days. In my opinion, this is not a good time to sell, but it is a good opportunity to accumulate. June is not very good based on market conditions, so collect more satoshis and consider selling them later. But first, this is not financial advice that anyone should consider. This is just my personal assumption.
full member
Activity: 266
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-snip-
Most probably those who don't have the target price to sell are the one who are more worried, but if you play long for sure you'll see this price drop as an opportunity to accumulate. The only problem here is your greediness especially if your target price was already hit but you still choose to hold and took the risk for not securing profit. Bitcoin will reach a new ATH in time, let's be more patient with the fluctuation and just be more strategic dealing with the current trend.

Exactly, every investor has a price target so if they meet it and has made some profits they can decide to sell. A real investor is not moved by market fluctuations because he knows that if the price Dip it gives investors more advantage to buy at a dip price in other to make more gains. Even though Bitcoin investment should be targeted in the long run but it doesn't mean that if an investor have made good profits that they shouldn't withdraw it after all the reason for making investments is for profit making so selling after a profit has been made isn't bad at all.
For me if an investor decides not to sell even when their price target have been met is shouldn't be an issue so far as they don't sell when a dip happens, they should learn to be patient enough to withstand the pressure that accompany the market some times.
Waiting for a new ATH may not be useful for any investor who is new into Bitcoin except those that have been hodling for long now.
legendary
Activity: 2660
Merit: 1141
-snip-
Most probably those who don't have the target price to sell are the one who are more worried, but if you play long for sure you'll see this price drop as an opportunity to accumulate. The only problem here is your greediness especially if your target price was already hit but you still choose to hold and took the risk for not securing profit. Bitcoin will reach a new ATH in time, let's be more patient with the fluctuation and just be more strategic dealing with the current trend.
You are right, I am sure some investors may regret their decision not to sell their bitcoin when the price has reached the expected target. If you expect a return of 3x the initial value of your investment, then of course it is a good idea to sell it when the target has been reached. Long-term holders certainly won't sell as quickly as possible, but they will sell when they truly believe that the price has reached its peak. Between two price cycles, there must be a period where the price peak is reached.

For now, I think many investors still believe that bitcoin will reach a new higher ATH next year. Prices will probably exceed $100k to $150k, so it might be good to hold while accumulating. Price volatility can be exploited if you have the budget, otherwise you can hold it longer or use trading knowledge for accumulation efforts.
hero member
Activity: 2184
Merit: 599
I'm sure investors who haven't taken profits during the ATH are a little worried because if you look at the current market situation there is a possibility that after this the market conditions will be bearish and $73k is the ATH this year. Taking profits when ATH is actually a good move, but determining the highest price is not easy. after you sell it is very possible that the price will continue to rise and at that time it will not be the highest price, but this action will prevent you from being greedy.
Most probably those who don't have the target price to sell are the one who are more worried, but if you play long for sure you'll see this price drop as an opportunity to accumulate. The only problem here is your greediness especially if your target price was already hit but you still choose to hold and took the risk for not securing profit. Bitcoin will reach a new ATH in time, let's be more patient with the fluctuation and just be more strategic dealing with the current trend.
Yes, the problem is that sometimes he does have a selling target but when the price has reached the price level set by himself he loses it and does not take advantage, greed arises because he expects bitcoin to continue to rise unstoppably, despite the fact that at the bitcoin price level of $73k he returned to correction to fall deeper and that is a fatal mistake in my opinion unless it aims to sell in the last year of the bitcoin cycle. Even though we can also sell 1/2 of our bitcoin holdings and leave the rest to follow the market if it has concerns that bitcoin continues to increase in price from the level that has been touched which is our target just in case and make better decisions.

It should indeed be accumulated when the decline is something that must be done if it is an old player, they always do that because it is far more profitable than staying silent and lamenting an unproductive market.
sr. member
Activity: 2422
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I'm sure investors who haven't taken profits during the ATH are a little worried because if you look at the current market situation there is a possibility that after this the market conditions will be bearish and $73k is the ATH this year. Taking profits when ATH is actually a good move, but determining the highest price is not easy. after you sell it is very possible that the price will continue to rise and at that time it will not be the highest price, but this action will prevent you from being greedy.
Most probably those who don't have the target price to sell are the one who are more worried, but if you play long for sure you'll see this price drop as an opportunity to accumulate. The only problem here is your greediness especially if your target price was already hit but you still choose to hold and took the risk for not securing profit. Bitcoin will reach a new ATH in time, let's be more patient with the fluctuation and just be more strategic dealing with the current trend.
full member
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On March 14, 2024, Bitcoin reached a new ATH of $73k and surpassed the previous ATH of $69k in 2021, a lot of investors were happy that the price reached a new ATH even before the halving event that happened in 20 April 2024 so some long and short term hodlers took profits from their investment when the new ATH was created. Now, some investors who didn't take out profits when the ATH was created are waiting anxiously to see another new ATH this year before the bull run begins so that they can utilize the opportunity.

Is it really necessary to be anxious for a new ATH to be created or just keep hodling and discard whether a new ATH happens or not? And is it also a good practice to be taking out profits from your Bitcoin investment each time a new ATH is achieved?
I think it is always depends on the investors limitations, some investor wanted to make a big profit that is why even if they already have profit to be taken they still didn't take it and they wait for a big huge profit, that is why they keep holding, the market is now really high on volatility and we need to hold to earn a true profit not penny.
sr. member
Activity: 322
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The possibility and opportunity for Bitcoin to make a new ATH twice in the same year, aimed at this year, could still occur if the price correction is not deep enough. And from what we have seen together in Bitcoin price movements in the market, we can also give a little idea that the potential for Bitcoin to reach ATH again this year is still very, very open and quite possible to happen even though we still often see prices stagnating in the range $70K at this point in the market.

I see this hasn't happened before because when we are in a bear market, the price of Bitcoin can be volatile many times taking us to a new lowest price each time and this what we should be afraid of happening. We can still have a new highest price for Bitcoin this year and let the current state of the market not make us to have doubts because the market can change direction and starts to be bullish with one big news that is positive to the market but let us not hope for a new highest price when the market is in a bear movement. Right now we are not in the season of the bear market because Bitcoin halving has already happened and after there is a halving, the price of Bitcoin will get to a new highest price which is going to be happening when the market get bullish and not when the market is having a correction.
legendary
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I'm sure investors who haven't taken profits during the ATH are a little worried because if you look at the current market situation there is a possibility that after this the market conditions will be bearish and $73k is the ATH this year. Taking profits when ATH is actually a good move, but determining the highest price is not easy. after you sell it is very possible that the price will continue to rise and at that time it will not be the highest price, but this action will prevent you from being greedy.

Finding ATH is a myth, the people that sold in ATH either lucky or just simply taking profit, you only find out ATH after you've passed that price sometime and see no more bullrun. its more realistic to sell whenever we are in profit because that way there's no regrets.
but i'm sure $73k is not the all time high for this market, we are still in bullrun, don't be overly pessimistic because the big institutional investors are still attempting to buy more and more bitcoin, you can roughly guess whats gonna happen in the future.

That statement used to be true up until the early 2020 when the pandemic grew big enough to cause an economic crash which then had its effect on bitcoin price and crashed that. Ever since that dump, this whole 4-year cycle trend has been broken and we've been experiencing dwarfed bull runs and incomplete cycles.
honestly this is also my concern, will the full cycle form? if there's economic disruption that could overturn the entire economic situation, doesn't that mean things could be different than previous cycle?
we can't deny the fact that crypto market cap has been growing so high these days.



the difficulty of pumping such market with big market cap valuation will linearly increase alongside with the growth of the market cap. its not like before where the market cap is still low. more money need to flow in to pump the market and we starts running out of narratives, back then ATH caused by institutional investors buys up including tesla, right now its ETF, what is the next narrative no one knows, hopefully market can sustain.
hero member
Activity: 2632
Merit: 833
I'm sure investors who haven't taken profits during the ATH are a little worried because if you look at the current market situation there is a possibility that after this the market conditions will be bearish and $73k is the ATH this year. Taking profits when ATH is actually a good move, but determining the highest price is not easy. after you sell it is very possible that the price will continue to rise and at that time it will not be the highest price, but this action will prevent you from being greedy.

I wouldn't be worried though, I mean you have that mentality to hold for a long time already so why not wait for the official bull run to commence or at least see a parabolic rise as everyone is waiting for the price to hit at least 6 digits and that is a good gauge whether we are going to sell or not.

I'm maybe one of those who sometimes think that being greedy is good in this market. Or just wait for the perfect time to sell and to make a lot of profits. Plus, patience is also a key here although we have heard this philosophy before, but it is till one of traits that we need to have in this kind of market because it's cyclical.
full member
Activity: 1442
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I'm sure investors who haven't taken profits during the ATH are a little worried because if you look at the current market situation there is a possibility that after this the market conditions will be bearish and $73k is the ATH this year. Taking profits when ATH is actually a good move, but determining the highest price is not easy. after you sell it is very possible that the price will continue to rise and at that time it will not be the highest price, but this action will prevent you from being greedy.
full member
Activity: 126
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I believe that we are going to see the new ATH with the bull, it would be start of the bull run and we are going to keep growing more and more after that as well, it is going to be quite well.

The best thing to do right now would be just realizing that we are going to make a good profit when that happens, which means that we need to keep accumulating more bitcoin. I keep seeing people selling bitcoin and getting out, which makes no sense to me at all, I think it would be smarter if they could just end up with a better result by working harder. The best thing to do right now would be just realizing that you are going to make some money if you are careful, and that requires you to put a lot of money into bitcoin before it starts to go up.
Basically we like countdown to ATH and it has started. We are constantly busy looking at price charts and trying to see results. But investors should focus more on increasing their holdings and not be greedy. In most cases, holders may tend to sell their bitcoin stack during price rises, but long-term moves may yield much higher profits. It is increasingly important to take care of Bitcoin deposits and holdings.

Of course it will happen that Bitcoin will touch its ATH within few days. I see someone I know withdrawing his holding and why should I regret it myself it was normal but I couldn't stay normal I told him you will pay a lot for this in future. But he told me that he will buy again in bearish season. I think he might not get his expected dips in future. There are many bitcoin holders like this you can't stop them even if you want to but politely explain the importance and increase the care of your bitcoin stack.
legendary
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I believe that we are going to see the new ATH with the bull, it would be start of the bull run and we are going to keep growing more and more after that as well, it is going to be quite well.

The best thing to do right now would be just realizing that we are going to make a good profit when that happens, which means that we need to keep accumulating more bitcoin. I keep seeing people selling bitcoin and getting out, which makes no sense to me at all, I think it would be smarter if they could just end up with a better result by working harder. The best thing to do right now would be just realizing that you are going to make some money if you are careful, and that requires you to put a lot of money into bitcoin before it starts to go up.
legendary
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The fact remain on what your saying as nothing to argue about it, though as investors you will still have little impact that the price is rising as it will also help to increase your expectations of making more profit but to to panic even when the expected year is not close, for some Long term investor ATH most time affect them indirectly because if they engage on weekly accumulating if the BTC it will course them a break as what they will afford during that period will be less than what they would have if the price is low.
You also have to pay attention to the level of investors who have capital because not all investors make weekly accumulations when they want to buy Bitcoin. There are also investors who buy Bitcoin in large quantities without accumulating it in one purchase, although most investors would prefer to be able to buy at a lower price. Because they have long-term savings goals that are very different from other people with shorter goals in their investments, so you also need to look at several investor models when they want to buy so you can know which investors often make weekly accumulations every time they buy Bitcoin because They basically don't have much capital that they keep in their wallets.
sr. member
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I don't think that it would reach or create a new ATH before the bull run, but I expect it to make while or after the Bull run.
I am hoping that it would create a new all time high record before this year ends even though it just made a new one this year.

Anything can happen here and as the price is now 70k$ so it is not a lower value and most of the investors are still in profit as they have made an investment at the price lower than 70k$. Price fluctuations are common with Bitcoin price so we are not sure that the price will create a new ATH or not but it is estimated that before the end of this year we will see a big pump that will bring more better conditions in the crypto market.

The price is changing regularly like yesterday it was 72k$ but today it is 70k$ and maybe tomorrow this price will be changed so the price is changing on a daily basis therefore be ready for all the circumstances.
legendary
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I don't think that it would reach or create a new ATH before the bull run, but I expect it to make while or after the Bull run.
I am hoping that it would create a new all time high record before this year ends even though it just made a new one this year.
The possibility and opportunity for Bitcoin to make a new ATH twice in the same year, aimed at this year, could still occur if the price correction is not deep enough. And from what we have seen together in Bitcoin price movements in the market, we can also give a little idea that the potential for Bitcoin to reach ATH again this year is still very, very open and quite possible to happen even though we still often see prices stagnating in the range $70K at this point in the market.
member
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Is it really necessary to be anxious for a new ATH to be created or just keep hodling and discard whether a new ATH happens or not? And is it also a good practice to be taking out profits from your Bitcoin investment each time a new ATH is achieved?
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 fact remain on what your saying as nothing to argue about it, though as investors you will still have little impact that the price is rising as it will also help to increase your expectations of making more profit but to to panic even when the expected year is not close, for some Long term investor ATH most time affect them indirectly because if they engage on weekly accumulating if the BTC it will course them a break as what they will afford during that period will be less than what they would have if the price is low.
hero member
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I don't think that it would reach or create a new ATH before the bull run, but I expect it to make while or after the Bull run.
I am hoping that it would create a new all time high record before this year ends even though it just made a new one this year.
It is very difficult to tell when market conditions will change. Bitcoin price is not bullish today but it is approaching new highs. Today Bitcoin went from $70k to approximate $72. Although it later turns. But the possibilities are not over yet. It is very likely that Bitcoin will touch another ATH in the next few days. But this assumption is not always correct. Bitcoin price rose to $71,931.28 and currently stands at $70,735.52, according to CoinGecko. If Bitcoin is slightly bullish tomorrow we may touch new ATH. Again that may not be the happen and from here the Bitcoin price may once again take a trip to the downside. There is no negative news yet but anything is possible due to various investors various thoughts.
legendary
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And is it also a good practice to be taking out profits from your Bitcoin investment each time a new ATH is achieved?
Yes, I do this. So every when you're going to take profits? Every ATH happens only every 4-year cycle so that's not that much to do a favor for yourself after being so patient for that long, right?

I don't know how true this information is because if we reflect back at when the previous ATH happened before the last one we just experienced in 14 March 2024.
That statement used to be true up until the early 2020 when the pandemic grew big enough to cause an economic crash which then had its effect on bitcoin price and crashed that. Ever since that dump, this whole 4-year cycle trend has been broken and we've been experiencing dwarfed bull runs and incomplete cycles.
hero member
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we need to set realistic goals and rely on market factors to set goals, not exaggerated goals based on our greed. In addition, the market is volatile and no one knows what will happen, so the target can also be changed to suit the market situation at that time. We need to be flexible and above all be satisfied with what we have, don't be stubborn or too greedy, we won't have to face any bad stories.

But your warning is not redundant because many people have fallen into that situation, they set unrealistic goals, they set goals based on greed and not based on any market factors. Yes, many people end up with bad stories when the bear season arrives.
I agree with setting up imaginary goals and then regretting will not help anyone. But, to derive a realistic target price for bitcoin, we must need technical approach. But, I do see people here are simply speculating based on their greedy or fear index level. Of course our emotions will play significant role on deciding the price level of bitcoin we have seen that in this market countless times.

For example by 2017, people here were speculating about 10k price level for then bullish market but we ended up with ~20k levels. So, we cannot speculate how our FOMO or fear will drive the market. If someone convincing you about one million dollar per bitcoin then you may decide to delay selling of your 0.01 BTC. I mean even your holding is less, when more people are speculating similar to you, then you can witness market reacts in your way.
legendary
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Well, setting a target price is a good strategy but be sure it is achievable. Or else, we are hoping for nothing, and still, it ends in a bad story.

Of course, we need to set realistic goals and rely on market factors to set goals, not exaggerated goals based on our greed. In addition, the market is volatile and no one knows what will happen, so the target can also be changed to suit the market situation at that time. We need to be flexible and above all be satisfied with what we have, don't be stubborn or too greedy, we won't have to face any bad stories.

But your warning is not redundant because many people have fallen into that situation, they set unrealistic goals, they set goals based on greed and not based on any market factors. Yes, many people end up with bad stories when the bear season arrives.
hero member
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And is it also a good practice to be taking out profits from your Bitcoin investment each time a new ATH is achieved?
Yes, I do this. So every when you're going to take profits? Every ATH happens only every 4-year cycle so that's not that much to do a favor for yourself after being so patient for that long, right?

I don't know how true this information is because if we reflect back at when the previous ATH happened before the last one we just experienced in 14 March 2024. Bitcoin reached an ATH of $69k in 2021 and the current one that happened recently in March this year was $73k so this is just an interval of 3 years regardless of the fact that we are expecting the price to create another new ATH in 2025, so until then we can tell if a new ATH is meant to be created after every 4 year cycle then if it does we can assume it to be a theory but I doubt if it will be Theory that an ATH is meant to happen every 4 years since their are various factors that determines the creation of a new ATH.
It's different this time but the one that happened on March this year was true, and that's another ATH. With that, we have to wait for at least next year as that's what the cycle is telling. But if you go back to the charts, that's actually true and it's known by many that there is the 4-year cycle. The bull run is just getting started and there's more to it that's likely to last for 2025 and that means that the pattern of 4 year is still in. Well, let's wait for next year.

However, 4 year is not enough to be taking profits from your investments in my own opinion but everyone has their investments target so if you find 4 years convenient enough to take your profits then it's fine but for me even if i will set a target on when to take profits from my investment, it will depends on the price range between the time I took the previous profits and the current one.
Well, if it feels not enough for you. Then, you can wait further and take your profits when you think is the right time. It's true that we've got targets but if you're looking the at histories and cycles, you should plan when is the right time for you because we've got different situations and reasons why taking profits is gonna be needed. Just do it whenever you are comfortable but if ATH appears again this or next year, you have to do something about it or else you'll just let it pass and miss it.
hero member
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Is it really necessary to be anxious for a new ATH to be created or just keep hodling and discard whether a new ATH happens or not? And is it also a good practice to be taking out profits from your Bitcoin investment each time a new ATH is achieved?
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.
I guess reaching a new ATH or not should not be an issue in the first place. We aren’t here and expect bitcoin price to achieve a new all time high every time, but we are here because we believe that bitcoin will make it big in the end, and by that time we might have maximize our bitcoin investment already.

So if there’s a new ATH or not, that is not a big deal really. What matters the most is still we take time to sell and gain profits whenever there is an opportunity to sell, and buy back again when the market is giving us a good buying opportunity. I think that’s how bitcoin investment should be equally done.
legendary
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Honestly, most of us or even all of us didnt expect that Bitcoins price would really be able to hit up or able to break its previous ath on which it did make that 73k price point but after that it did make out some correction but not really that deep on which its a good sign that we do have that a solid support. Although we cant really be able to tell if it would be able to hold into that last huge dip. Come in mind that we arent that still far yet or simply we are still that near on post halving season or event on which there would really be still that possible chance that we might be able see that last dip but of course no one really knows if it would happen or not.
The market is something that would really be always that unpredictable and this is why if you are really that tending to have that maximized profits then you should really be that wise when it comes to the decisions you are making specially in talks about having that accumulation.
I feel like the "unexpected" big increase was due to ETF, and we haven't even seen the halving situation take effect yet, when that happens we are going to end up with something that will make it work and do a lot better. I am not saying that we are going to have something that will get bigger and better, we just need to make sure that we are going to end up with a greater return if we see it work.

I hope that people could realize that, and if that can be done then we are going to see something that will benefit everyone all the same. I hope that we could make money with the upcoming bull, because I believe that we haven't seen anything yet, that ATH 73k was due to ETF, if we go bull then we are going to see 100k even 150k for it.
sr. member
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And is it also a good practice to be taking out profits from your Bitcoin investment each time a new ATH is achieved?
Yes, I do this. So every when you're going to take profits? Every ATH happens only every 4-year cycle so that's not that much to do a favor for yourself after being so patient for that long, right?

I don't know how true this information is because if we reflect back at when the previous ATH happened before the last one we just experienced in 14 March 2024. Bitcoin reached an ATH of $69k in 2021 and the current one that happened recently in March this year was $73k so this is just an interval of 3 years regardless of the fact that we are expecting the price to create another new ATH in 2025, so until then we can tell if a new ATH is meant to be created after every 4 year cycle then if it does we can assume it to be a theory but I doubt if it will be Theory that an ATH is meant to happen every 4 years since their are various factors that determines the creation of a new ATH.

However, 4 year is not enough to be taking profits from your investments in my own opinion but everyone has their investments target so if you find 4 years convenient enough to take your profits then it's fine but for me even if i will set a target on when to take profits from my investment, it will depends on the price range between the time I took the previous profits and the current one.
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I don't think that it would reach or create a new ATH before the bull run, but I expect it to make while or after the Bull run.
I am hoping that it would create a new all time high record before this year ends even though it just made a new one this year.
legendary
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Is it really necessary to be anxious for a new ATH to be created or just keep hodling and discard whether a new ATH happens or not? And is it also a good practice to be taking out profits from your Bitcoin investment each time a new ATH is achieved?
Many of us often talk about Bitcoin when it rises and falls because it is caused or influenced by factors and is based on speculation that has not yet happened and will happen, Of course ATH is always associated with halving, that's what people often talk about regarding Bitcoin's rise.

Even so, in many people's understanding, I always speculate that the increase in the price of Bitcoin is determined based on.
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Bitcoin price is mainly influenced by its supply, market demand, availability, cryptocurrency competition, investor sentiment and Supply.

From the points above, I speculate that the price of Bitcoin could rise, without having to create a new history process for the Bitcoin price to increase, It is possible that if supply and demand occurs on a large scale in the crypto market, Bitcoin could print the highest price, which could happen at any time without crypto users even thinking about it.
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I'm not sure if you are still confused about the current situation OP but I have to tell you that we are still in the bull season and asking about the ATH, nobody knows when it will come or if it was done already.

But I don't think it is really the ATH we wanted to know instead, let us just think about the better future of Bitcoin. Besides, it was not the ATH that made people come and invest but I believe this is because of the bright future of Bitcoin. Having it happen that the price of Bitcoin reach $73k, is already a good achievement that happens in the crypto market.
Same here mate. I don’t get the idea why reaching ATH matters a lot to these new bitcoin investors. Of course, the moment they decide to invest in bitcoin, then they should have foreseen how bright the future of bitcoin will be. And not that they will force bitcoin to reach its new ATH even if it’s not the right time yet.

Bitcoin continue to show us a consistent price appreciation, even if it’s just a slight movement. And in no time, we will reach a new ATH soon, but I’m not just sure if it’s going to happen this year or probably next year. No one has the control on that.
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On March 14, 2024, Bitcoin reached a new ATH of $73k and surpassed the previous ATH of $69k in 2021, a lot of investors were happy that the price reached a new ATH even before the halving event that happened in 20 April 2024 so some long and short term hodlers took profits from their investment when the new ATH was created. Now, some investors who didn't take out profits when the ATH was created are waiting anxiously to see another new ATH this year before the bull run begins so that they can utilize the opportunity.

Is it really necessary to be anxious for a new ATH to be created or just keep hodling and discard whether a new ATH happens or not? And is it also a good practice to be taking out profits from your Bitcoin investment each time a new ATH is achieved?
Honestly, most of us or even all of us didnt expect that Bitcoins price would really be able to hit up or able to break its previous ath on which it did make that 73k price point but after that it did make out some correction but not really that deep on which its a good sign that we do have that a solid support. Although we cant really be able to tell if it would be able to hold into that last huge dip. Come in mind that we arent that still far yet or simply we are still that near on post halving season or event on which there would really be still that possible chance that we might be able see that last dip but of course no one really knows if it would happen or not.
The market is something that would really be always that unpredictable and this is why if you are really that tending to have that maximized profits then you should really be that wise when it comes to the decisions you are making specially in talks about having that accumulation.

Now that the price is starting to make some increase as of this moment. We dont know if this one would really be something incremental or really just that a typical day movement of Bitcoin.
For those who do able to make some short trades then they are really that making some profits now.
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Based on history, we are not yet in a bull season or a bull season that everyone is waiting for, the entire market will be bullish, including many altcoins and memes that bring 10x, 100x returns, then we are not yet in bull season.

Everyone thinks about the bright future of bitcoin but I believe most people will sell their bitcoins in the upcoming bull season because of life so it's no surprise that they are concerned about the final ATH. Frankly speaking, no one doesn't want to buy at the lowest price and sell at the highest price, those who say they don't care are lying. But I believe that predicting bitcoin's final ATH will be difficult if not impossible, so we need to have a specific target and should sell when bitcoin reaches the target we set.

Can't hold them either knowing that not all are for the long-term, many take their chance to make a profit in every price increase.
I could still remember in the past Bullrun where the majority held their Bitcoin thinking that it would continue to pump but a sudden drop came and missed the ATH. That influences their mind and that also changes their investment approach where they sell without waiting for the ATH.

Well, setting a target price is a good strategy but be sure it is achievable. Or else, we are hoping for nothing, and still, it ends in a bad story.
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Is it really necessary to be anxious for a new ATH to be created or just keep hodling and discard whether a new ATH happens or not?
It's normal because you are thinking about a missed opportunity. No problem if you want to hold it and you decide whether to sell during ATHs or not. What matters there is your satisfaction if you're satisfied with the price or not. Don't make it a big deal as it will cause you more stress.

And is it also a good practice to be taking out profits from your Bitcoin investment each time a new ATH is achieved?
Yes, I do this. So every when you're going to take profits? Every ATH happens only every 4-year cycle so that's not that much to do a favor for yourself after being so patient for that long, right?
hero member
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Is it really necessary to be anxious for a new ATH to be created or just keep hodling and discard whether a new ATH happens or not? And is it also a good practice to be taking out profits from your Bitcoin investment each time a new ATH is achieved?
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.

I wouldn't say that they are nervous, most likely they are inexperience in the market, as they don't know how the market works and very eager to see a new all time high. But as we can see, before the halving we have reach new all time high of $73k already. But after that, it's consolidation time again but it doesn't mean that we will not reach a new all time high this bull cycle.

Investors have their own target, but I don't think that it will be complicated though, you just continue to buy and HODL, simply as that. And when you think you are good selling with the profits you made then sell in. There is no secret formula there, you can sell near top, you just have to time the market, that's it.
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Is it really necessary to be anxious for a new ATH to be created or just keep hodling and discard whether a new ATH happens or not? And is it also a good practice to be taking out profits from your Bitcoin investment each time a new ATH is achieved?

Means that those who have sold Bitcoin when the price of Bitcoin is at $73K already feel the advantage with the decision to release it at that time? Not necessarily they sell everything according to my estimate. Investors like them mostly sell a few percent of the amount of bitcoin owned as a form to get bitcoin at a low price of the price they sell. That's part of their strategy.

Now those who still survive by choosing to hold back even though the price reached $73K at that time would not be anxious because this was still in the phase of the improvement even though after Halving the price increase was still too difficult if observed at a glance.
They, investors who have worked several times before Halving, are certainly not in an anxiety situation because they already understand the four -year pattern.
I myself am waiting and enjoying the pattern until the highest ATH occurs.
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I'm not sure if you are still confused about the current situation OP but I have to tell you that we are still in the bull season and asking about the ATH, nobody knows when it will come or if it was done already.

But I don't think it is really the ATH we wanted to know instead, let us just think about the better future of Bitcoin. Besides, it was not the ATH that made people come and invest but I believe this is because of the bright future of Bitcoin. Having it happen that the price of Bitcoin reach $73k, is already a good achievement that happens in the crypto market.

Based on history, we are not yet in a bull season or a bull season that everyone is waiting for, the entire market will be bullish, including many altcoins and memes that bring 10x, 100x returns, then we are not yet in bull season.

Everyone thinks about the bright future of bitcoin but I believe most people will sell their bitcoins in the upcoming bull season because of life so it's no surprise that they are concerned about the final ATH. Frankly speaking, no one doesn't want to buy at the lowest price and sell at the highest price, those who say they don't care are lying. But I believe that predicting bitcoin's final ATH will be difficult if not impossible, so we need to have a specific target and should sell when bitcoin reaches the target we set.
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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.
The current Bitcoin price conditions could be a sign of resistance to $80K although I don't think that will happen anytime soon this year. Because now the Bitcoin price is back below $70K again, which means it still takes more time for Bitcoin to move up at the rate you said. Because this measure is also a new ATH in Bitcoin if it can happen again this year because another bear still hasn't really come to Bitcoin during this year and I also hope that it doesn't come too soon to Bitcoin.
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On March 14, 2024, Bitcoin reached a new ATH of $73k and surpassed the previous ATH of $69k in 2021, a lot of investors were happy that the price reached a new ATH even before the halving event that happened in 20 April 2024 so some long and short term hodlers took profits from their investment when the new ATH was created. Now, some investors who didn't take out profits when the ATH was created are waiting anxiously to see another new ATH this year before the bull run begins so that they can utilize the opportunity.

Is it really necessary to be anxious for a new ATH to be created or just keep hodling and discard whether a new ATH happens or not? And is it also a good practice to be taking out profits from your Bitcoin investment each time a new ATH is achieved?

They didn't not make a profit but they continued to accumulate it, because they bought it at a cheap price before the $73 came and why didn't they withdraw it because that number was not their target.

Currently the market has not yet made a strong maneuver but they believe that after the halving the decline will really end, they will prepare and sell 100K.
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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.
Since the pandemic, it's nearly five years (6 more months till the complete five years) since its outbreak in Wuhan China, the whole world economy is in crisis. There is no exception in any country because the world now is flat with digitalization and globalization.

Governments try to mislead us with terms like Technical recession, soft landing but the fact is citizens are suffering a lot with what has been happening last five years. Whatever term and announcement they use, Technical recession or recession; hard landing or soft landing, citizens actually don't feel comfortable with their lives and finance recent years.

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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".
People lack of patient characteristic to succeed in this market. They want to see the bull run comes as fastest as possible and feel like they can not wait some more months to see bull run.

For people who don't have good finance, borrow money to invest, have bad finance, risk and capital management, I can understand their lack of patience because they don't have much time for waiting. For people who belong to another type of investors, invest with own money, it's bad if they don't understand market cycles, psychology cycles, and can not wait a bit longer time to enjoy bull runs.

Even this cycle is different than past ones, bull run will come when most of people feel tired and gave up.

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I'm not sure if you are still confused about the current situation OP but I have to tell you that we are still in the bull season and asking about the ATH, nobody knows when it will come or if it was done already.

But I don't think it is really the ATH we wanted to know instead, let us just think about the better future of Bitcoin. Besides, it was not the ATH that made people come and invest but I believe this is because of the bright future of Bitcoin. Having it happen that the price of Bitcoin reach $73k, is already a good achievement that happens in the crypto market.
legendary
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On March 14, 2024, Bitcoin reached a new ATH of $73k and surpassed the previous ATH of $69k in 2021, a lot of investors were happy that the price reached a new ATH even before the halving event that happened in 20 April 2024 so some long and short term hodlers took profits from their investment when the new ATH was created. Now, some investors who didn't take out profits when the ATH was created are waiting anxiously to see another new ATH this year before the bull run begins so that they can utilize the opportunity.

Is it really necessary to be anxious for a new ATH to be created or just keep hodling and discard whether a new ATH happens or not? And is it also a good practice to be taking out profits from your Bitcoin investment each time a new ATH is achieved?
I didn't know a bull run and a new ATH were scheduled this year to be honest. When it will happen? I don't want to miss it... Joking aside, why do you fill anxious about a new ATH, you are not supposed to be anxious about that, otherwise you haven't a good mindset at all for trading. I don't think it's a good strategy to wait for ATH to take profits, because you can't say if the asset is really at its ATH or if it will go up further. It's better to define your targets from the profits you want to realize instead of looking for exceptional events IMO.
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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.
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Is it really necessary to be anxious for a new ATH to be created or just keep hodling and discard whether a new ATH happens or not? And is it also a good practice to be taking out profits from your Bitcoin investment each time a new ATH is achieved?
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.
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.
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Is it really necessary to be anxious for a new ATH to be created or just keep hodling and discard whether a new ATH happens or not? And is it also a good practice to be taking out profits from your Bitcoin investment each time a new ATH is achieved?
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.
legendary
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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".

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Is it really necessary to be anxious for a new ATH to be created or just keep hodling and discard whether a new ATH happens or not? And is it also a good practice to be taking out profits from your Bitcoin investment each time a new ATH is achieved?
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...
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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.
sr. member
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Is it really necessary to be anxious for a new ATH to be created or just keep hodling and discard whether a new ATH happens or not? And is it also a good practice to be taking out profits from your Bitcoin investment each time a new ATH is achieved?

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
.


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.
legendary
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On March 14, 2024, Bitcoin reached a new ATH of $73k and surpassed the previous ATH of $69k in 2021, a lot of investors were happy that the price reached a new ATH even before the halving event that happened in 20 April 2024 so some long and short term hodlers took profits from their investment when the new ATH was created. Now, some investors who didn't take out profits when the ATH was created are waiting anxiously to see another new ATH this year before the bull run begins so that they can utilize the opportunity.

Is it really necessary to be anxious for a new ATH to be created or just keep hodling and discard whether a new ATH happens or not? And is it also a good practice to be taking out profits from your Bitcoin investment each time a new ATH is achieved?

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.
legendary
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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.

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
legendary
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On March 14, 2024, Bitcoin reached a new ATH of $73k and surpassed the previous ATH of $69k in 2021, a lot of investors were happy that the price reached a new ATH even before the halving event that happened in 20 April 2024 so some long and short term hodlers took profits from their investment when the new ATH was created. Now, some investors who didn't take out profits when the ATH was created are waiting anxiously to see another new ATH this year before the bull run begins so that they can utilize the opportunity.

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.

Is it really necessary to be anxious for a new ATH to be created or just keep hodling and discard whether a new ATH happens or not? And is it also a good practice to be taking out profits from your Bitcoin investment each time a new ATH is achieved?

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.
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Is it really necessary to be anxious for a new ATH to be created or just keep hodling and discard whether a new ATH happens or not? And is it also a good practice to be taking out profits from your Bitcoin investment each time a new ATH is achieved?

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.
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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.
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Is it really necessary to be anxious for a new ATH to be created or just keep hodling and discard whether a new ATH happens or not? And is it also a good practice to be taking out profits from your Bitcoin investment each time a new ATH is achieved?
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.
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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.
sr. member
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On March 14, 2024, Bitcoin reached a new ATH of $73k and surpassed the previous ATH of $69k in 2021, a lot of investors were happy that the price reached a new ATH even before the halving event that happened in 20 April 2024 so some long and short term hodlers took profits from their investment when the new ATH was created. Now, some investors who didn't take out profits when the ATH was created are waiting anxiously to see another new ATH this year before the bull run begins so that they can utilize the opportunity.

Is it really necessary to be anxious for a new ATH to be created or just keep hodling and discard whether a new ATH happens or not? And is it also a good practice to be taking out profits from your Bitcoin investment each time a new ATH is achieved?

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.
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another new ATH this year before the bull run begins so that they can utilize the opportunity.
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.
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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.
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Is it really necessary to be anxious for a new ATH to be created or just keep hodling and discard whether a new ATH happens or not? And is it also a good practice to be taking out profits from your Bitcoin investment each time a new ATH is achieved?

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.
sr. member
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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.
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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.
sr. member
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some long and short term hodlers took profits from their investment when the new ATH was created. Now, some investors who didn't take out profits when the ATH was created are waiting anxiously to see another new ATH this year before the bull run begins so that they can utilize the opportunity.
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.

Is it really necessary to be anxious for a new ATH to be created or just keep hodling and discard whether a new ATH happens or not?
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 is it also a good practice to be taking out profits from your Bitcoin investment each time a new ATH is achieved?
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.
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Market is already bullish but I guess we are talking about those Bull run when Bitcoin's value is expected to increase by multiple folds like 2x or 3x and I think there are higher chances of reaching new ATH than the previous one since Bitcoin has already crossed $70k this week so it won't be a tough task but not sure how long it would sustain at those price.
mk4
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Re: Can Bitcoin reach another new ATH before the bull run begins?
Are we not currently in a bull market? There are arguments to be made the we are. It's just that a lot of people bought the wrong coins hence why they're waiting for their bags to pump.

Is it really necessary to be anxious for a new ATH to be created or just keep hodling and discard whether a new ATH happens or not? And is it also a good practice to be taking out profits from your Bitcoin investment each time a new ATH is achieved?
Is anyone really being anxious at these prices? This is some amateur hour stuff right here.
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Is it really necessary to be anxious for a new ATH to be created or just keep hodling and discard whether a new ATH happens or not? And is it also a good practice to be taking out profits from your Bitcoin investment each time a new ATH is achieved?

I feel it's necessary to be decisive about the price at which you want to sell your coin; it will make you persistent and ignorant of price volatility. We all know that Bitcoin is a very volatile asset, and you cannot determine the price peak during a bull market until after the bull market, when the price stops surging high. We are already in the bull season of Bitcoin, and many people have predicted that the price of Bitcoin might surpass $80k this year, which is quite possible, but next year might be when we might see the price peak, which might be the last ATH before the bull market.

If you are holding some coins, set price targets that you would love to take advantage of so that once the price of bitcoin gets there, you will not need anyone's opinion before you can sell. 
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....

Is it really necessary to be anxious for a new ATH to be created or just keep hodling and discard whether a new ATH happens or not? And is it also a good practice to be taking out profits from your Bitcoin investment each time a new ATH is achieved?

 if you scroll through this speculation section, there are lots of threads discussing whether bitcoin can print ath again or not. most of the people who started this thread expressed their feelings about being worried that bitcoin would no longer be able to print ath and people's responses varied, but from most of what i captured, the majority of users would definitely say that bitcoin could create new ath. it's just that we don't know the exact time when bitcoin can print a new ath and what we can do is hold until bitcoin can print another ath.

and whether a person needs to sell every time there is an ath, it depends on their decision. whether they want to sell or not depends on their calculations and strategy. there are some who sell immediately, but there are also those who are holding back because their target is maybe 10-15 years from now.
hero member
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To set the record straight, we are already in bull run since late last year when Bitcoin left the "don't wake me up region". It started earlier than expected due to the ETF approval which happened in January this year. If you are referring to the bull run that is expected to be induced by the Bitcoin halving event, then it might still be expected but then the caption of your post will become confusing because anything that leads to a new ATH is the anticipated halving propelled bull run.

From the records, Bitcoin does not surge immediately the halving occurs; it takes some time before the effect of the halving is felt in terms of supply shortage which is the imbalance that leads to rapid rise in price. Going by this sequence, we are expecting the price to peak by next year. In other words, the rise might start later this year, eat up the present ATH and then peak by next year. These are projections that are not cast in stone, so market will do what it wants.
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on a personal level, I think we have a lot of speculation threads seeking almost the same thing as you want yet there aren't locked but open to new ideas, opinions and questions which led me to think that your thread could fit in any of those threads since they are not locked.

BTW, from my perspective and knowledge gathered in this few years one can proudly, start taking profit from their bitcoin investments once they have reach a certain level or a good status of holding which can range from a 25% to a 30% of there income bitcoin hences it advisable to keep accumulating except you feel that you're done with accumulation which is a personal decision on when to reach such position.
sr. member
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On March 14, 2024, Bitcoin reached a new ATH of $73k and surpassed the previous ATH of $69k in 2021, a lot of investors were happy that the price reached a new ATH even before the halving event that happened in 20 April 2024 so some long and short term hodlers took profits from their investment when the new ATH was created. Now, some investors who didn't take out profits when the ATH was created are waiting anxiously to see another new ATH this year before the bull run begins so that they can utilize the opportunity.

Is it really necessary to be anxious for a new ATH to be created or just keep hodling and discard whether a new ATH happens or not? And is it also a good practice to be taking out profits from your Bitcoin investment each time a new ATH is achieved?
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