Topic: Will the price of Bitcoin hit a new all-time high? (Read 254 times)

Ugh.  I've been hearing rumors and news and speculation about bitcoin ETFs for years now, so much so that I just tune it all out at this point--though I did just read about a new one in Hong Kong on a financial news site (see below).  But whether that one or any others come into existence, the factors that influence the price of bitcoin have always been opaque at best.  Sometimes bad news is greeted with a huge bump, and other times bitcoin drops or does nothing when there's some kind of fantastic news story (or a halving for that matter).

Speaking of halvenings, I'm not sure what the market is going to do at any point in the future, but there certainly wasn't a new ATH reached right after this last one.  It was reached before, and I have no clue if the two events are even related.  I don't see why they ought to be, but that seems to be the common perception around here.

And on what I find to be an amusing note, this headline was released yesterday, which just shows you how silly it is for news agencies to report on every fluctuation in the price of bitcoin, as the market is still so incredibly volatile ($63k when the article was released, $59.8k as of me writing this post):

Partially aligned with you because no matter how many times they face the harsh reality of witnessing new ATH after a dump still people would panic sell their hodlings, in last few days we have seen people selling off either in the fear of losing it all or to stop any further loss. I think this is like a springboard wherein we are provided with one more buy opportunity before the bull run and should be utilized to buy instead of regretting it later.

Many hodlers has used this 3 months to make a good profit from the market, before the price begins to dump for people to get ready for another bear run that will introduce another ATH when the price pump higher to increase people profit in the future.

Since the price has touched $72k as the highest price in the market, I guess it will hit above $100k before halving because the price is still moving between $63 and $65, which there are some signs,  those that are still hodling their BTC will smile before the end of this year.

Many BTC investors have learned lesson  not to sell all their BTC once there is a bull market than to sell half of their BTC and reserve some in case the price go higher in the future they will not regret than to be happy that they are part of the luck investors.

In 2021, many people hoped to see the price achieving $100k because there was a prediction made by some experts that saying Bitcoin possibly reached $100k. There was no problem with people's hope and it was okay for the prediction of $100k. But we must remember that it was a prediction only and there is no 100% accuracy in a prediction. If Bitcoin price failed to reach $100k, it was okay because the price of Bitcoin naturally couldn't be predictable.

When the price of Bitcoin didn't increase in 2022-2023, it was because the bearish season. We know that 2021 is the peak of bullish season, after that moment there should be 2 years for bearish season. Don't forget about 4 years cycle, 2 years bearish and 2 years bullish. When the price can return above $60k in 2024, it is normal because we are in the first year of bullish season. We may see a new ATH before the halving, it is not so far from $69k, right?

Yes, the demand for bitcoin is growing very strongly and clearly. This is thanks to the contribution of the approval of bitcoin ETFs that have taken bitcoin to new heights. Historically, bitcoin has never risen close to the old ATH before the halving, but this time it happened so we can think of a scenario where there will be a new ATH this year. If that happens, we cannot deny that the impact of the ETF is too great because it stimulates increased bitcoin demand combined with tightened supply after halving.

I like the $100k scenario for this year and the final ATH will be $250k before we enter another bearish cycle.

It all depends on the demand raised by the people. Now a week ago, we were at 42k usd. Now suddenly in a week the price is 20,000 USD more. All this happened because more people started buying the coins, and this led to the rise in demand to accumulate the coins. Now as bitcoins are limited in numbers, hence the price went up to meet the demand. Many expert analysts have made analysis that Bitcoins will touch 100k usd before this year ends. So let’s hope for the best and see where Bitcoins go.

Halving my man, same thing with the 69k, Halving. I reckon if the pace continues we can expect a breakthrough from the last ATH before said halving, and within the year 100k. If it stops or steadies itself for a couple of weeks, then we're still going to see it go past the current ATH this year but it might open the idea of the price reaching 100k. Former seems more likely though since again, after dropping for like a day or two we're back up to 62k. Been a pretty steady couple of days though, so who knows.

It is quite possible for Bitcoin prices to approach the previous ATH level if currently the price is still above $60K, because the previous ATH price range is no longer that high compared to the Bitcoin price which is still at $61K to $62K as it is now. I am still quite optimistic that a new ATH for Bitcoin could be formed before the halving this year, because the two things are actually both close now so they both have the possibility of happening even though the halving will indeed be very certain for Bitcoin this year

currently, bitcoin's movement is still sideways, this is because investors are still holding back and seeing what news comes from the market. if there is no negative news in the next few weeks, it is very likely that the price of bitcoin could increase and pass its ath. so just be patient and wait for the good news.

After the halving that's when I think Bitcoin will hit a new all time high, other times that Bitcoin has broken the ATH it was after the halving and not before, Bitcoin needs to slow down before it disrupt the cycle of the market. I see reasons why things are looking different in this cycle because many institutional investors have entered the market through the Bitcoin ETF therefore they are buying Bitcoin and this is affecting the price in a positive manner but if Bitcoin pass the previous highest price in the last bull market before the halving, I think investors will begin to sell and this will affect the price to not continue rising after the halving is completed. Many investors are waiting for the halving to be completed before they start buying Bitcoin and if they see the price of Bitcoin falling during that time, they mightn't want to buy again.

Historically bitcoin make a new all time high after every halving period. Also this time the market price is driven by institutional investors so the ATH is expected soon than its previous cycle. Also the ROI can be lower than previous cycle from its last ATH but in terms of price and volume it will be way higher than we can Imagine.

In 2021, the price of Bitcoin reached 69 thousand dollars, surpassing all its previous records. After that, the price of Bitcoin gradually fell to 15000 dollars. It is currently March 2024, with 50 days left until the estimated halving. In such a situation, the price of Bitcoin is at 62 thousand dollars. Already looking at Bitcoin in the past, it has seen its value reach ATH several times before it halved. Now I think the price of Bitcoin will go close to $1000. With the popularity and dynamics of the family of people in Bitcoin, it seems that Bitcoin will reach its best price yet.

To be honest I must say the rate at which Bitcoin actually moved was a really big surprise for me and even though previous or past records show that the breaching of previous ATH always comes after the halving but with the way Bitcoin is moving I think there might be some possiblity to seeing that the last ATH is reached more earlier this time around even before the halving is reached. Bitcoin is very volatile and this is what makes it very unique in terms of its movement and I do hope that this bull run brings even up to $200k in Bitcoin price.

This is a rhetorical question as if you’ve been in the space for a very long time, you’ll see that bitcoin is just following the same pattern and those who like to join can follow the same pattern to find a good entry into the market. They are a lot of ups and downs but you have to keep your head focus and get what you want when the opportunity arises. Bitcoin is coming back to break the all-time high after finish gathering that momentum it needs to make that bull run happen again. Bitcoin will hit a new-all time high in no short time and that will cause a lot of FOMO in the market which will lead to more increase in the price of bitcoin.


Bitcoin ETF came into the bitcoin market some months back and everyone expects that the bitcoin price will react immediately the spot bitcoin ETF was approved. I have been expecting to see a significant change in the market but I never assumed that it could be the cause of the bull the bitcoin market is currently experiencing. I believed the market is following the same consensus like it has been doing every time as the time of halving approaches, so I never expected the bitcoin ETF will have effect in that regardless. A correction should take place any moment from now before the halving, by then, more people will take advantage of that bear market and stick more for the halving and subsequent bull run coming up.

The price of Bitcoin has gone through boom-and-bust cycles before, and many believe another record high is on the horizon.  Given Bitcoin's halving schedule which impacts supply, plus growing mainstream adoption, surpassing its previous all-time high of around $69000 seems feasible sometime in 2024 or 2025 when the next wave of hype and speculation kicks in. 

However, predicting exact Bitcoin prices is challenging.  In the past, once mass euphoria sets in and prices disconnect from fundamentals, things can get crazy before eventually crashing back down and  while more upside appears likely long-term nothing goes up forever.  Approaching new highs with reasoned optimism rather than blind exuberance is wise.

Bitcoin surpasses previous ATH at every halving so it is expected that it price will still reach a new ATH after the halving of which every Bitcoin investors is looking up to that and definitely the price of Bitcoin will dip after the bull run which is very certain because it would also give investors the advantage to buy at a dip and hodl till maybe the next halving as well for investors who wants to engage in long term hodling.

Yes ATH will definitely repeat itself in the current year or maybe in early 2025 the cycle is now approaching - to Halving so be prepared buddy.

All-time high price? I think it will happen in the near future or at least we will know how ATH bitcoin will be during its bullishness, if I myself believe above $100K or even $150K this is a number that may be very realistic, why do I say that because after bullishness it will be more than 3x the increase from the previous ATH, but this is an assumption that we predict and maybe more than that.

Now bitcoin will be close to the previous ATH while there is still more than 1 month to the halving, isn't this still a chance with a new record where the ATH before the halving even if it is a price of $75K for example? That makes sense too.

Bitcoin has been in great run for over three months now and I think if this continues then there are chances of achieving new ATH even before halving. We cannot expect it to cross or touch the landmark figure of $100000 anytime before halving and just one advice that don't get carried away as few market correction and fluctuations are imminent and let's not blow it off during those phase by selling it all only to buy back at higher price.

History always says it's after the halving so I'm not sure before the halving but it would be possible because to get to $69K it's a little bit more not impossible right? If it's before the halving? But I'm never sure about these things.

Regarding the price reaching the highest price it is still very possible even $100K is reasonable if you believe that prediction because after the halving we will know what happens later but make sure you have bitcoin in your bag so that when the price reaches ATH there is no regret or you are prepared to sell it.

It did not go down on its own, because there are many forces at play here that drive the market. In 2021 for instance, China decided to ban bitcoin mining which greatly impacted the market and shortened the bull run.


No? It managed to crash twice, once because Luna scammer Do Kwon was converting his shitcoin to bitcoin and then dumped all that he converted on unsuspecting traders, and again because another scammer SBF was stealing deposits of his clients and buying houses for himself and his family.


More likely after, but nobody knows what will happen. If a billionaire decides to buy a few thousand all at once it can happen faster.

of course the price of bitcoin will experience and reach its ATH again aka above 69k dollars.
but I think bitcoin reaches its highest price point not in 2024 but in 2025.

Base on the movement of the price of BTC in this month of march,  i know that the price will approach $100k soon but it will not reach that amount in this 2024 but just to let people know that the next bull run will be higher than what is happening now in the market that is making some hodlers to start selling their BTC to achieve profits.

 If you are still hodling your BTC in this bull run, you don't need to be afraid of dump because, the price is still pumping to reach your target before the end of this year and it will help you to continue applying long term hodling  to your BTC.

Even though you have gotten enough response but I will still have to put this out to you that there are lots of Bitcoin speculation thread in the forum that you should have considered visiting or read articles to know if bitcoin will reach a new ATH, although even if we all keeps predicting or speculating what the bitcoin market will do we still don't have an avenue of getting it right.

I will drop some few threads that you should consider checking to know more about the bitcoin market and speculations.

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Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
A new ATH before halving. Is it possible?

There are lot more....

There's more to come and don't get excited. It's just getting started, we're not even yet on the halving so this effect is purely from speculation on how the halving might go that far with the effect of Bitcoin spot etf.

It just topped to $59k just now, so that price speculation of yours have been hit already too early. That means to say that you need to set again another price on how high Bitcoin might reach on this cycle, remember we're just getting started, and there's more to come.

You have to wait to see the highest price of bitcoin. Bitcoin's future is not easy to predict. If you research the market well you can get some useful information. All investors are hoping that Bitcoin will reach a better place from its previous position towards the halving which could be inclined higher. Despite the ups and downs of the market and price differences bitcoin is still a good investment and you will get better results if you wait.

The highest price increase is not based on your wishes and my wishes before or after the halving, but based on market conditions or activity.
The price level that Bitcoin has reached now is very close to the previous highest price. If you want to know whether it is possible before or after the halving, just wait and don't give up Bitcoin.

Estimate when the highest price occurs whether it will continue to increase or just stop temporarily. The decision is yours.
His words are for you, Bitcoin goes to the moon.

Was shocked now because when I last check earlier today the price is still 56k but now
this is running to 60k as I am typing and what a run from bitcoin just from couple days ago.

Actually until now I cannot decide to accept if we will be running to breaking ATH before halving
or we will be dumping before halving happened.

What I have understood so far is that Bitcoin does not repeat history after a few years as it used to do earlier. I remember in 2017 it went into the bull run mode from November to December. The reason is 2016 being the halving year and the same happened in 2021 as 2020 was the halving year. Before halving the price of Bitcoin is supposed to plummet or a correction is expected. This year the price did not correct itself why? The reason is Bitcoin ETF, what we are seeing is the ETF effect and we might continue to see such bull run in the market due to Bitcoin.

Currently, Bitcoin is trying to break the resistance at the $60000 level. IMO it would be broken in the next couple of weeks and we might get to the last ATH before the halving date. We still have approximately 52 days left and it is a possibility that Bitcoin within those days might break its ATH or reach the ATH price. It is too complicated to predict the price of Bitcoin as there are a lot of reasons behind the price. I only see the ETF as the reason why Bitcoin is now going through a bull run.

I wouldn't put much thought into Bitcoin ATH this year because that's already the cycle  we believe happens. but of course what I'm thinking most about so far is about bringing in funds from Dca activities which might have to be reduced a little because prices are still high, there needs  to be a little reduction to add  little by little. because we feel that  what we did was not in vain during the several seasons of running Dca through witnessing a bull  year and really having the encouragement we hoped for. Generally as we have gone through, halving occurs after ATH is reached.

I think at this point, all bets are off because people mainly expected Bitcoin bull market after halving, well after it (at the end of 2024 or even in 2025). As we can see, things are moving very differently right now, and at this pace, Bitcoin can establish a new ATH any time now. Then again, let's remember that the last bull market was kind of a double market because the price grew from December 2020 till April 2021 from $20k to $63k, and then it went down to $31, only to grow more from July 2021 till November 2021 from $30k to more than $67k. So, who knows, maybe we'll also have two major stages, between which the price can fall to half of where it gets at the first stage. In any case, it looks like 2024 will be an interesting year for Bitcoin.

As pertaining bitcoin, i don't think we need to crack head ourselves that much on it markets performance when we can get hold of any information on it previous performances from the chart, we also need to remind ourselves that the market is always as volatile as before, we don't have to engage on the way things are going without making use of the resources available to serve as conviction for us to know what direction the market is going currently.

This is something that we can tell, but just to sit down, relax and watch what will happen before the halving. If this year will be different from the other three historical price movements of bitcoin before the halving. Due to the rapid increase in price of bitcoin these few days, who knows if we will be seeing 60k price today.

We still have a month and some days to the halving, if the price of bitcoin did not make a correction, then it is possible to see a new ATH before the halving. The approval of bitcoin ETF is also playing a major role to in this year bitcoin price pump before the halving. I am not in a rush, but waiting patiently to see the highest price that bitcoin will touch before the halving, and also keeping records.

In Bitcoin history, it always makes a new all time high with a halving.

You can count that so far there are three halvings in 2012, 2016, 2020 [1] and Bitcoin makes its new all time highs months after these halvings. If you believe in history, you will believe Bitcoin will make a new all time high with halving in April 2024.

The more interesting thing is will Bitcoin make its first new all time high before a halving. It has never happened with past three halvings.

[1] https://www.bitcoinblockhalf.com/

In 2021 when the price of Bitcoin went to 69K USDT, many people thought that this shock might stop at 100K USDT, but instead of that, Bitcoin went down from there. The price of Bitcoin did not see such movement in the last two years, but in 2024, Bitcoin is already this year.  Has gone to best high 59K Usdt then can we see a break from the previous price, Bitcoin has a halving very soon is it likely to be before or after the halving?