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Topic: Can we see BTC at ATH before the year ends? - page 7. (Read 1112 times)

full member
Activity: 98
Merit: 55
February 26, 2024, 02:15:07 PM
#8
do you think BTC will hit ATH this year?
No, I don't think that BTC will reach it's new ATH in this year but I think it can somehow cross its current ATH which to many people will be a new ATH.


What exactly are you saying contradicting yourself,

However, this bull run's best ATH won't happen in this year but in next year. After that ATH we may see another bear market.

IMO i think bitcoin would actually surpass its last ATH and hit about 100k which is a very good hit for this year and we know that the bull market is fuel by scarcity and new investors, which I'm sure one part is fully taken care of, even if not to the extent that it should, but with the ETF approval more investors are now more confident about investing in bitcoin and more big players are entering the stage with huge capital, front loading their investment with some millions. I think its quite clear now to everyone that bitcoin is a more reliable means to store value than fait, but most investors coming in might not be looking out to bitcoin for the empowerment it brings like full control over your asset and value without government regulation, decentralized p2p and all that, they all see bitcoin as a new means to invest and are just here for the  profits.

But if your holding you don't want to lose your bitcoin to new investors or big players, the value of bitcoin is clear to the world, you would need to tighten your hands more than ever.
copper member
Activity: 518
Merit: 26
February 26, 2024, 02:13:29 PM
#7
We will see fiat currency lows year after year, that's all I know for sure. they keep pumping the supply whereas Bitcoin can't do that
hero member
Activity: 672
Merit: 855
February 26, 2024, 02:08:27 PM
#6
No, I don't think that BTC will reach it's new ATH in this year but I think it can somehow cross its current ATH which to many people will be a new ATH. However, this bull run's best ATH won't happen in this year but in next year. After that ATH we may see another bear market.

Bitcoin is all set to me to actually beat this current ATH because it’s not too far behind. Anything above $69k and we have set a new ATH which means the price to beat that is just $70k. With bitcoin already at $53k and around 20% to get there I think it will get there before the year ends. My assertion about this that bitcoin wouldn’t do a correction that could cause a heavy dip to the price for now and should the halving in the second quarter of the year then we can definitely see a raise of more than 20% the remaining two quarters of the year
hero member
Activity: 462
Merit: 472
February 26, 2024, 02:07:33 PM
#5
I've watched BTC go from 23k to 52800 currently and with reports stating BTC outflows from exchanges rising to 8months HIGH, do you think BTC will hit ATH this year?
https://coinmarketcap.com/community/articles/65db377c13c6094f48999ba4/
Every bull run has some unique experience or occurrence. This current bull run is surrounded by the process and final approval of the spot Bitcoin ETF in the US. It will be difficult predict the price of Bitcoin or when it will get to the next ATH but based on the Bitcoin cycle it might happen at the end of this year or early next year. The golden rule still is to have a long-term plan and invest what you can afford to live without.
sr. member
Activity: 1232
Merit: 390
★Bitvest.io★ Play Plinko or Invest!
February 26, 2024, 01:59:38 PM
#4
I've watched BTC go from 23k to 52800 currently and with reports stating BTC outflows from exchanges rising to 8months HIGH, do you think BTC will hit ATH this year?
https://coinmarketcap.com/community/articles/65db377c13c6094f48999ba4/
Bitcoin price is increasing now very quickly so it can overtake the previous ATH at any time but i don't know when it will happen. Since Q1 of this year is just underway, there is still a long way to go before the end of this year, so Bitcoin price may make a new ATH within this year, but it is not guaranteed that this will happen.  It may happen within a month or it may take years.  Can anyone tell you with a guarantee when Bitcoin price will cross its ATH?  So if you have any plan to invest in Bitcoin it should be long term
hero member
Activity: 826
Merit: 753
Living Life with Hemophilia🤡
February 26, 2024, 01:52:41 PM
#3
do you think BTC will hit ATH this year?
No, I don't think that BTC will reach it's new ATH in this year but I think it can somehow cross its current ATH which to many people will be a new ATH. However, this bull run's best ATH won't happen in this year but in next year. After that ATH we may see another bear market.
I actually agree with your opinion, because I have also the same opinion but Bitcoin's performance over the past month has made me question my own opinion. I didn't expect bitcoin to cross 50k so fast, I thought bitcoin would hover between 37k and 50k from somehow 2024 until the end of the halving season. But I was proven wrong today as Bitcoin touched an all-time high price more than a year ago.
If Bitcoin now crosses its current all-time high price, then Bitcoin will change its past history. And this may be because currently due to ETF approval the volume of Bitcoin has increased more than before and it is increasing day by day.
hero member
Activity: 784
Merit: 672
Top Crypto Casino
February 26, 2024, 01:26:07 PM
#2
do you think BTC will hit ATH this year?
No, I don't think that BTC will reach it's new ATH in this year but I think it can somehow cross its current ATH which to many people will be a new ATH. However, this bull run's best ATH won't happen in this year but in next year. After that ATH we may see another bear market.
jr. member
Activity: 266
Merit: 3
Navigating the Crypto world & Holding BGB Along..
February 26, 2024, 01:20:29 PM
#1
I've watched BTC go from 23k to 52800 currently and with reports stating BTC outflows from exchanges rising to 8months HIGH, do you think BTC will hit ATH this year?
https://coinmarketcap.com/community/articles/65db377c13c6094f48999ba4/
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