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Crypto analysis: BTC staying above $67,000 but still in threat to fall back 16% from current price

https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgfcC9mqMdbAF-jc6CE8aFhkm4PaPwZsJuNK9LIRjSRXewAyIKxW8HCi8VxKja_TRmOFQSBLZZL4l3Jhyotpcj1Ve1loGe3281LAsvaQEAbcL0N4KIyKdljcuWwfYPcC1AKFr_zRk8fLnwBLbxuVUQnO9paUtdcx0fLf_q87w8NjuodF686j2CKI7-nmuHH/w640-h420/BTC%20price%20latest.jpg

If Bitcoin maintains a stable close above $67,206, it could continue to rise towards the psychological level of $70,000. In a highly optimistic scenario, Bitcoin might even turn the $67,206 level into a support base, aiming for its all-time high of $73,777.

Read full analysis......
https://www.cryptocrit.xyz/2024/05/Crypto-analysis-BTC.html (https://www.cryptocrit.xyz/2024/05/Crypto-analysis-BTC.html)

What kind of link did you bring that is full of ads? I was unable to go through the link because the ads are disturbing.

If you continue to hold your coins, bitcoin may fall slightly in price but it will rise in price again. There will be a time that $70000 would be the support price and all-time-high is very possible.

What I am looking for now is no more all-time-high but a price above $100000 which is very possible to achieve before next year.

You've got to hand it to those advertisers tho, they're relentless! And they were disturbing? My goodness I don't even want to look. I'll take your word for it...

I agree for serious long term bag holders we are talking huge gains here, I mean we are talking that straight deflamitory hedging against the inflated fiat currencies.

People need to use available chart, look backwards to see history of Bitcoin market cycles and how it performed in previous halvings and previous bull markets.

How many months does it take for Bitcoin to actually warm up enough and start its big bullish curve in previous cycles?

This will give people who are uncertain about next market trend, a very solid and insightful information that can help them to make their investment plan and avoid being unnecessary panic and shake their bitcoins to whales.

Previous cycles, the market takes Bitcoin about 9 months or 1 year after its halving to jump to a Euphoria phase.

Didn't click on the links. It's a no-brainer to know that Bitcoin could proceed in any direction any second of the day. For me, however, it seems the general sentiment of the market remains to be one characterized with optimism. It remains more or less bullish. It's just that there are not-so-good days even amidst a good season. I guess this is it, a temporary break in a bullish season that would push the price to $100,000.

It’s not really surprising news that bitcoin might reach a new all time high it was just a question of when not if.

As long as you are comfortable holding then there’s nothing for you to worry about. Right now it’s just going to be a waiting game. A lot of waiting will happen however you should never worry about bitcoin. It’s going to get there, just trust it.

You're asking Bitcointalk — a Bitcoin-centric forum for their opinion on bitcoin is going to reach all-time highs in the future. Well, of course like 99% of us here think it's possible lmao it's just a matter of 'when' not 'if'.

And of course it's you again with the crappy articles lol.

I do not want to get curious and click on those links. As members of the forum we should also be responsible of what others might see from the links that we share. Please try to find reputable sources without links that may be dangerous and could lead a lot of the members into danger.

I'm really wishing that bitcoin would go in a downward direction, I really want to increase the amount of bitcoin that I currently hodl because DCA with the current prices isn't going to cut it good anymore for me, I mean it's a decent amount but I'm after the value of bitcoin where I would get more bitcoin out of the $100 that I invest every week in bitcoin. I hope you're right about this temporary break because I don't believe that there's even such a thing as break in the bullish season. Regarding my take on bitcoin going to a new all time high, I think that we would probably see another all-time high this year, but I'm not sure that it will be a really big price peak though, maybe 2k higher than the current all-time high or something like that.

A way for you to advertise your blog website. Great. :)
Didn't click the link either like what most did here.

I'm not a hater of ads TBH. I just hate reading articles (at least for now). Anyway, Bitcoin is above $67,000 by the time I'm posting this, and there's a chance that it might reach $70,000 anytime. The RSI is also not showing an overbought signal, and the MACD just crossed above 0 days ago. I believe we will be seeing Bitcoin going up in the next few days or weeks, and we might see a series of higher highs in the upcoming days.

well you have your own analysis and that is a good advertising of your site here but breaking ATH have happened already recently when we hit ATH before the Halving and i believe that is enough for now.
what we are looking is how much it can hit after this halving and yeah I am now aiming for another ATH but wanted to see breaking of 100k that I believe is coming near us soon.

I saw a post that clearly explains that Bitcoin prices shows an average profit percentage in the month of May compared to the rest of the month in the year, I believe that during the end of the years Bitcoin price usually experiences a huge push up but it only happen during bull market. History can change and we may likely have a bull market any moment because we experienced ATH even before halving this year.

Well, the link you provided has a lot of annoying advertisements, and it makes people lazy to read it. However, the price of bitcoin has only recently recovered, and the potential for a new ATH is still very large. In fact, I feel that the current price is so close to the ATH, and it may only take a few pushes to see a new ATH in the bitcoin price.

Yes, history may or may not repeat itself, but one thing is certain: sooner or later, the bitcoin price will reach a new ATH. Since bitcoin reached its ATH before the halving, there have been many questions, many doubts that history will not repeat itself and that we will welcome a new history. There has been a lot of controversy surrounding this, but in my opinion it is still too early to confirm that history will change. We need to wait at least until the end of this year to be able to draw a final conclusion.

For me, other than the fact that bitcoin had an ATH before the halving is a new factor, I still don't see anything changing and I believe that the bull season will come later this year as always.

So what with that 16%? I am not scared hehe. Let it fall and everyone who has missed buying at the dip will start buying at the dip again. If it falls behind, there is no need to panic and do not make it look bad if it dips on the current market state because we are on the bull run. And to question if it will reach another ATH. We did saw that before the halving so worries because the chance of reaching new high above $73k is very high.

Sorry @OP. I didn't click the links. But if you look at the question, I believe Bitcoin will reach its highest point again. There is still time for correction, and hopefully, it will last a little longer. When the correction is over, the price will start to rise again.

Even though there will be another correction later, the price will continue to rise even higher. We just have to be patient and keep waiting for the moment. $73k is not the highest price for Bitcoin, so we should still hold onto it.

Even though the price will decrease again below the current price later, that is only temporary. The price will increase again and will be even higher than this time. $73k will be passed and we will see an all-time high.

Sorry to be the one to break it to you nut I am afraid your wish has already happened and if you had missed where bitcoin was reaching below 60k then I think it might be too late. Of course you can still buy but I just don’t think it will go down anymore.
There are always going to be dips or corrections from time to time, it does not mean the market is going down and experiencing a bearish cycle.
We shall see. People are already talking about reaching 100k.

Stop redirecting us to such sites and let's discuss about the topic because it's a common emotion of achieving new ATH whenever the price of Bitcoin is nearer to previous ATH we all think that Bitcoin will achieve new ATH and if we look back at the price of Bitcoin it has been a gradual increase hence the possibilities of reaching new ATH is very much positively the moment but will take few weeks.

After bitcoin's price drop we all hope that its price will rise and Bitcoin will make a new ATH again. The price of bitcoin will rise slowly even if there is a huge price shock it will reach an all-time high no one can predict what surprises the future may bring. But after the bitcoin halving bitcoin will project its value. Expectations are high following the approval of bitcoin ETFs and investors believe that initial excitement will give way to more gradual adoption. For bitcoin it is not our new experience but we have to move forward with positive thoughts.

If wishes were horses then beggars would ride.  People were saying "$1" and "$10" are crazy. "Dollar parity never will hold, it will be back and stay below $1 soon".  All this same stuff.  Ditto $100, $1000, $10000, $20000 etc.  Every time people have been saying that and they wait to buy on a pullback, but then end up missing a chance to own some bitcoin and protect themselves.  It may go up, it may go down, no one knows in the short term.  Lots of people guess and get it right sometimes because they got lucky, but the long term trend for 15 years has been obvious.

So basically Bitcoin could go up or down. Great analysis haha

Those self pro called professional traders or economist always been like this, they said when the price crossed x, it will pump to y and when the price down to x, y will be the bottom. Anyone, without need to have a degree or approved by a lot people, can predict like that.

Only few people dare to say the exact price like bottom of Bitcoin price will happen on 5 June 2024 or $25K is the bottom, as we know those speculations mostly missed.

The comments so far on this thread doesn't encourage me to click the links either, I however agree with you that we're in a temporary break, on the road to a bullish season, and that is what it is. From research after halving comes a dip that will fluctuates price for sometime before it'll be a smooth sail to bull run and ultimately a new ATH. I'm optimistic about seeing Bitcoin price at $100k in this year, that is why I recently joined the 100 pushups thread, because I know that the exercise will yield results. Any experienced Bitcoin holder will not worry or panic about the price juggling between $57k and $69k, it's a temporary measure, no matter how long it stays like this.

Good effort but I don't need to click on the link, but in the future you have to learn a lot and develop how to create a neater blog, have a writing structure according to the rules, etc. The point is that without just clicking on the link, we can get the points clearly.

Keep in mind this year we are still in a bullish trend, no matter if it drops below $60K, it is still bullish for those of us who filled the basket 2-3 years ago. So so far there is no panic, market sentiment is increasingly optimistic, adoption is becoming more widespread and what are you waiting for? In fact, Super Megacycle may occur later this year and next year.

Most investors are hoping that bitcoin price will hit 200k and above in the bull run when bitcoin price hits its peak. Why I am saying this is that 73k was the highest price we saw this circle and it is just the price to start the bull run.

I don't need anyone to tell me that because I saw the price when it was at 73k. Stay in the forum and learn and stop listening or following any influencers because they are after money. We all know that bitcoin price movement is always up and down, so anyone that says bitcoin price will move up but it is likely to move down, have said nothing. This is because it is a norm and every bitcoin enthusiast knows this. What no one knows is when and how.

It will rich new ATH in this year but i suppose that real bull run will start after end of the summer

Bitcoin is having a good support currently and is in a consolidation zone.
Only if it breaks through $70k strongly then we can hope for a new ATH.
We cannot accurately predict that because it may or may not break the $70k level.
It might fall from here if the resistance is strong which I think it is.
Be ready with your fiat to buy more BTC though.

People keep asking questions that don't have exact answers. Nobody can predict the direction of the price the next day. I am sure nobody predicted that Bitcoin would get to a new ATH before the halving. With the massive investment from institutional investors and the unpredictable regulatory policies of the US, Bitcoin price has become difficult to predict. Anyway, my prediction is that the price will drop due to correction and it will go to at least $100k before the end of the bull run. 


Most of all this information is not backed by any research or in-depth. Persons who claim to be crypto specialists will just come up with all forms of predictions. I have stopped reading all this information from these FUDstars. The forum is also my main source of information. 

In fact, $70k has been very strong resistance from April 12 until now. I saw several rejections to hit $68k including on April 22nd, May 12th and also today on the daily time frame. Bitcoin's highest price since the big drop on April 12 was $67,700, it was hit today before eventually correcting to $65,857. The price of bitcoin is trading at $66,136 at the time of my writing on the Binance exchange, but it may still recover before today's market close.

It would take higher demand to expect a new ATH to be hit in May or the following month, but we still have hope to expect a price recovery before this month is out. If $70k is hit in the near future, then a new ATH is very likely to be expected.

I don't see too many people being optimistic about the $200k target that bitcoin can reach this bull season , what I see is people only making rather modest predictions of $100k.
I am also very optimistic and believe that this will be a super bullish cycle because we have many big catalysts in this year's bullish season such as the US election , interest rates , and inflation all have positive improvements , ETFs...but I think the goal of 200k$ is not an easy goal to achieve . Personally, I still believe that bitcoin hitting the 150k-180k level is much more feasible .

We have seen Bitcoin all time high price after a long time but since then the market has slowed down a bit and there is a possibility of correction. In the meantime, Bitcoin price had dropped from the all-time high of 73k to 57k but it has come back to a stable level. At any time from the current condition of the market, the market can reach a new all-time high again. Risks in investing in Bitcoin There is no doubt that the market can go down under any circumstances. Because the market depends on various factors. However, the overall situation is still in Bitcoin's favor, so we will be able to see Bitcoin's bullish sentiment.

The Bitcoin market as we have seen was very low last year, but currently it has risen much higher and has touched all-time highs. And in the current position Bitcoin is in, it can go up and down, it's hard to say when the market will bottom out.  However, the Bitcoin market has rebounded from $67,000 today to $68,000. But we can expect the Bitcoin market to go higher in the coming days and the market will be at the highest ATH. And we all more or less know that in the coming days the Bitcoin market will occupy a better position and the market will be much more excited. However, holding on to Bitcoins is our best bet at this time, as the bull season is about to begin in the Bitcoin market in the coming days.

What I see here is that there is a usual pattern that Bitcoin likes to follow and if it could follow it through this time, it might be a serious bullish trend for the coin. However, we should not be so happy yet, not until it actually breaches the ATH at about $73,850 and convincingly holds above it before we can be so convinced and encouraged by the bullishness of the market. Now, the levels I have seen that are so important that are now making me feel that Bitcoin could be heading upward are the 1W chart MagicTrend indicator support level of $56,820 that provided support for the coin during its last bearish correction. Holding above that level means a bullish trend for Bitcoin, especially if the coin also has a positive price action above it just as we are currently seeing on the chart.

This view is coupled with the 1W Fibo level of 23.6% at $59,940, which was the level breached higher after the market rebounded from $56,820 in recent times. Continuous holding above it is another good credence that Bitcoin is on for the bullish path which will be heading for the current ATH about $73,850). Going lower a bid, on the 1D chart, the Fibonacci tool is also pointing to a determined bullish trend as well with the overall price action bullish as I write now. If Bitcoin maintains this view, then it is on for the good on the bullish side, even as the market has convincingly breached upward the 38.2% Fibo level at $60,267 and 23.6% Fibo level at $65,488 which was broken higher last week.

For these, I expect more bullish impacts on Bitcoin this week.

The recent energy of the market is showing that a new ATH will be created soon. Bitcoin tested $70k today which represent 8% increase in 24hrs. Just that it is impossible to know when it will happen because Bitcoin might decide to retrace from this point for weeks before continuing the upward movement. This is the reason I do not worry so much about when the price will get to a certain point rather I try to take advantage of every buying opportunity the market offers.

Ever since I stopped listening to those analysts, my peace of mind greatly improved. All they spread is fear and uncertainties which is not good for any investor that want to hodl. Most of them are day traders or short term investors, that is why they worry about the top and bottom because they want to buy low and sell high.

The price of Bitcoin is volatile because it is normal for the price of Bitcoin to change at any time. Currently, the price of Bitcoin is above $67,000 and it can touch the highest level at any time by surpassing the previous price. Because if you hold on to the price of bitcoin now it will be worth it and the price will be much more likely to go down from the current time, it is very likely to peak at one hundred thousand dollars plus when the bull run starts next year.

Maybe the self-proclaimed says that but if you really go with the real traders, they'd probably say something a little bit different and much more in-depth than most people expect it to be unlike this one which just basically means as you think it means, no factors or scenarios discussed that would create or contribute to the growth of the market, it's basically a watered down "bitcoin goes up and down sometimes" like what @thecodebear says. To be fair with these self-proclaimed traders and economists that you're talking about, it's really hard to predict a precise price at a specific date, that's why everything is all speculation even if they're saying that they're going to predict something.

Well I do think the new all time high will come in this month. There is alot of money going into the spot buying and spot ETF buying.

We are getting big gains right now Bitcoin us up 6% in the last 1 day. And it is up now 14% in just the week.

https://cointelegraph.com/news/bitcoin-price-hits-70k-as-spot-and-btc-etf-buying-surges

I have confidence about a new ATH this month especially after within a day we saw bitcoin price break through its strong resistance at $70k. I'm sure a new ATH will be formed especially if $70k holds for some time, but the market just needs a little more push as the current price with the new ATH is just under $3k.

Regardless of when the new ATH will be formed, I think holders just need to be patient and wait for it. There is still a lot of time in May to see market changes and dynamics, so it is possible for us to hope for a new ATH to become a reality or perhaps the price will fall and test new support again. I'm bullish on the remainder of May, but don't discount other possibilities such as a correction or decline.

It is just a sort of market assumption, we can just say figure (16%) if we already know it will happen but we don't. I know there are some REAL experts living but they are silent when it regards market movement because they know that they will just fail.

Dump always happens, a swing market movement is really what we experience but it is accepted due to the market nature. Whether ATH happens or not, I was already satisfied enough from the current price, it is indeed a good selling price already for the holders.

Well, I thought so too. although this month doesn't have many days left, currently the price of bitcoin has reached $71k and it is close to its ATH price. If the price of bitcoin continues to rise positively, maybe this month or next month, we could see a new ATH, in fact, the potential to reach ATH is getting bigger, and maybe we can also see it this year.

The fact that we have reached 15%+ increase in the last week is the proof that we are doing fine, and I think we have like 10 more days so if we keep this going then we are going to do better as well.

Yes, it is not easy and yes it takes time but we should be realizing that things never mean to be easy, and we never meant to be doing anything simply. We need to realize that it takes time and patience, a lot of people sold during the last drop and I feel like we should be considering this changes as much as we possibly could. This should be reaching a few more thousand dollars higher to break the all time high price, at the very least we are close so it means the possibility is there, a lot of people feared that we would never be here.

I agree with what you said. I personally have sold some of my Bitcoin for TP and will wait for a dip to buy again. I still have a few Bitcoin dollars left because I believe Bitcoin will approach ATH this month. The market is always changing and usually when Bitcoin has a big increase in 1 week (around 11%) the market will experience a correction phase and it could be bullish and hit ATH or the market dumps again.

However, I believe that with the many important moments this year and Bitcoin's success in reaching ATH, this is a super mega cycle that will have a very positive impact on the crypto market. I believe Bitcoin will reach $100,000 by the end of the year. But for now I am still trading where I try to buy on the Dip and sell it during a bullish market like now.

For this month? just 10 days or less and counting and we did hit $71k. And I think we might end up this month around that price and it's another great leap already as we have been trading sideways after the block halving. At least this is the first time that we have movement in price and goes to the next round numbers of $70k'ish. Obviously, as we have seen, it's not going to be an easy route for us even if we are in the bull run already. It will really take months before we can see a positive movement or to even break $73k and establish a new all time high. But the good thing is that we have seen precedence already, we are in a post halving and as past history will tell us, there will be a huge run and we might be ending up at 6 digits when this bull run is done.

Today there has been a slight price correction which has caused Bitcoin to return below $70K so this month it is unlikely that we will immediately see a new ATH again on Bitcoin. But if in the last few days Bitcoin can continue to increase like yesterday, of course this could open up the possibility of seeing a new ATH again next month. Because the current price is still quite close to the previous highest price experienced by Bitcoin in March this year, and we also need to hope that the price correction does not occur for too long in Bitcoin at the end of this month.

Maybe all Bitcoin experts have various speculations on the current price of Bitcoin, with the reason that after the halving occurred yesterday it did not have a good impact on Bitcoin's development, $67k has already occurred in the previous halving, but all the users hoping Bitcoin could reach $100k has not happened.

Speculatively, many people hope that Bitcoin can reach its highest point, I speculated but that didn't happen this year, maybe the next halving, I'm sure that will happen in the next bitcoin movement.

Bitcoin is so close to its ATH already that it does not really need some kind of impressive movement to surpass it, after all we have seen days in which bitcoin went up in value by several thousands of dollars with ease, so a single movement like that can be more than enough to surpass the previous ATH, and make all the investors that are right now on the fence to jump at the opportunity right in front of them, and begin a rally which could take bitcoin to new heights.

I will not open this link because the first user who comes under the OP said that it is very disturbed by advertisements.

My basic knowledge of Bitcoin price data based on the bullish period will experience a high increase some time after Halving. I know this from the willingness to take time in reading.
If I am not wrong, the fourth Halving period of 2024 with the previous Halving period if studied is almost similar.
In 2024, the price of Bitcoin experienced an increase through the previous ATH if I was not wrong considering it happened in March before Halving occurred. There was a price decline after Halving which made people curious why after halving prices did not increase. Yesterday, Bitcoin again reached the price of $71,000. Patience for some time in the future if you want to see prices rise.

At first glance it looks like it has nothing to do with you intentions because I review the situation of Halving. I mean, every bitcoin that you hold will not make you disappointed.

That can still happen this 2nd quarter though and there’s a big chance that this market will enter into another bullish trend. If you read the price trend you will see a strong volume towards the peak and that could push the price to reach another all time high, it’s just a matter of time before we see it and i’m sure we are still aiming for the $100k Mark.

So far the start to this week is a retraction, a pullback which if it went as far as 60k would show up as a M or double peak topping type action.  That might scare a few people but until it completes that formation its not especially significant.

  We can always pull back to the 200 day average is a general rule I try to not ever fall into believing cannot happen again, BTC is that volatile we can push back further then expected.  However I dont especially expect that immediately to occur, completing a solid M on the graph for this week and the next would change my mind on the probability of that outcome in between now and the end of the year.

I do think 2024 will be a positive year I just dont want to presume we lose the ever present trait of BTC to be volatile and slippery to all expectations and hopes for ever higher.

Good point, with how the market is moving there's a good opportunity for those who still trying to invest not late if you are aiming for much better outcome, just be cool when there's market movement that seems to be a correction as we can't control those traders who already satisfied with their profits and they might be ending selling their holdings, that might bring some impact while the market is trying to move forward, just a little more patience and more on a waiting game if you want to maximize your benefits.

Yeah, that could happens as the price but we must be aware of this correction because we don't knows if the price still gets more correction. For Bitcoin price, I believe it will reach $100k in the next bull market and we could only waiting for that while we must prepare and have a target to sell. Many people still waiting the bullish moment so they can hold their Bitcoin until that times comes. We don't have to worry because our waiting time will ends soon.

Bitcoin stopped the growth  days ago after running from 56k to 71k https://coinmarketcap.com/currencies/bitcoin/ and looks like we will keep seeing this kind of movement for the next couple of months until we finally taste the bull running and let us show how much bitcoin can grow this halving season.
mate remember that we are only having a week before  ending the Month so how come that you are assure of seeing ATH this month?

There is no need to worry that Bitcoin will not reach ATH, it will definitely print a new ATH, but of course no one knows when that could happen, it could be next month or next year, but it will definitely print a new ATH. Just be patient and wait for that to happen, because Bitcoin still has the potential to grow.

I think it peaked at around 71.5k or so, which feels like that is not that bad, I know that people expect to see ATH but that doesn't feel like a small amount neither, we could totally see that being something good. I know that it is going to take a while, but we could totally get it to be better. I am sure that people could see it reach 73k+ levels soon enough.

The thing about ATH right now is that it is not really that hard to be broken but it also doesn't mean anything if we break it. Like assume we wake up tomorrow and it is 74k, then what? That is not the point, we are on the verge of a big bull run and we want to see 100k even 150k, that is what we want to see, and considering where we are right now, I do not think that would be possible.

Bitcoin is now 69k$ after a little dip in price from the value 71k$ to this value but there should be no doubt about its future success and a price of 100k$ attainment. We can carry out our Bitcoin investment only if we have trust in it otherwise uncertainty will make us looser and doubtful about the future success.

Everyone should wait now as there is no other way to get success instead of buying more and enhancements of forbearance. Such changes are not happening for the first time but it occurs all the time so we should have knowledge about it and should be ready for all the circumstances.

The month is not closed yet and you can still hope that the new ATH will be available before the end of the month. The possibility is small or large depending on market activity and the news that influences it, of course it is not impossible to get a new ATH at the end of the month. There is still plenty of time to see bitcoin demand increase sharply towards the end of the month, but profit-taking by some traders or investors could affect that possibility.

I still believe that a new ATH can occur in the last week of May, but today I have found the bitcoin price experienced a correction. Market conditions appear bearish on the 1 hour, 2 hour TH or even for the daily TF, but this correction doesn't feel like it will take too long and the market will likely recover.

Yes, it did peaked around that price and I thought that we might be looking for a new all time high. But I guess the pump was about the Bitcoin Pizza day and all of the hype surrounding that event. And now the price goes down again, to $67,000 with a -2% down in the last 24 hours.


It's more on the mindset of investors, definitely if we have a lot of our bags we wanted to see our portfolio goes up because of the huge uptick in the current price. If we wake up tomorrow then there could be some of us who are going to sell because they needed the money and all of that. Of course the end game is a huge 6 digits in the future. But you can't blame whales or even retail investors wanting to see the price goes to a new all time high in the previous days.

Market sentiments currently appear to be bearish after it pulled back from $69k down to $67k in the last 24 hours. However, the current fear and greed index shows that we are still in 74/100 greed, that means we still has a chance to see bitcoin make another run and break a new ATH before the month ends.
Market sentiments for bitcoin is generally bullish in the next coming months until the first quarter of 2025. So, this correction won't really take long and It won't go even deeper as well. I think the bottom should be around $65k-$64k? I could be wrong here, but that just based on the price actions from the past couple of days. People may start buying back when bitcoin hits $65k.

This is an accurate response to motivate yourself so you don't have to worry about waiting for the highest price history.
From the records of how the previous ATH occurred during the periods 2010 - 2013, 2014 - 2017, 2018 - 2021, if you pay attention you can find reasons why we need to be patient.

Bitcoin is not a fraud so it requires us to be worried. If it is unable to reach a new ATH, Bitcoin's value will not change. We have a big chance of getting at least $100,000 if we still hold on firmly. Isn't that right, friend?

The problem is that most people don't understand this. Most are experiencing a halving for the first time and they have refused to study and see how bitcoin performed in other halving. The halving was sold to them as a time when the price rises and gets to a new ATH, they were never told how long that might take to happen. Many people believed it would be immediately after the halving. Another thing that fueled this belief was how Bitcoin performed a few weeks before the halving. We saw bitcoin go from around 50k to 70k in days if I'm not mistaken, so they believed the halving would be like that too.

I've always advised people to take a look at bitcoin price history over the years, see how bitcoin reacted to various events and you'll have an idea of how bitcoin price would react now. It may not be spot-on accurate, but like I said, it will give you an idea.

Not sure how people in masses can buy the idea of bullrun immediately after halving without looking at historical data because it's quite evident that usually it takes around a year post halving for bull run and people jumped in assuming bull run will start immediately after halving and getting panicked for minor fluctuations.

Chances are they didn't follow how the market trended after the halving happened. It's important to have money in reserve when you expected a bullrun but crashes happen. Rebuying will save our assets from staying afloat at lower prices with increasing profits. Bullrun will arrive soon and make a repurchase when the opportunity is still there as it is now. The market will not wait for anyone to be ready, all must be aware of the market conditions that will occur.

Exactly, according to the content of my thoughts, I also really believe that one year after the halving there will be a very short bullrun and make altcoin prices return to a fairly high price increase. We must be able to maximize moments like this to make huge profits. We have to buy coins first when prices are cheap like now. When the price rises in the altcoin season, we can sell and withdraw the profit we have made.

After a year, Bitcoin market could be huge though as we might be on a parabolic rise by that time. And so I think we shouldn't wait till a year, for me the best gauge will be at least at the end of the year and then see how it goes for us. Market is very volatile, that is a given fact already, however, since we are in a bull run, it's just a matter of time before we can see this big increased. Even before the halving, we have reach new all time high at $73k. Currently, after the halving, the biggest jump is $71k. But we should wait and look and the bigger picture here. Majority here thinks that the price will go and hit more than $100k this bull run. So just need to have patience here, but we can still accumulate and be ready to what the market will bring in 2025.

Imho the current price of altcoins is still high since it’s close to the ATH. I’m not sure what kind of high price you are looking for on the next bullrun but altcoins market need a lot of fresh money just to pump the current price to the new heights since there’s still no major price pull back after the ATH because Bitcoin still never experienced this major correction until now.

Price should correct harder for altcoin before it can move forward above its ATH or else it just stagnant when Bitcoin is already pumping or it will correct hard since Bitcoin dominance will just increase that time.

Yes, most likely. The resistance simply tells that there's more to hope for. The decline is possibly due to big investors who took profit given that $72k barrier is still there. Good thing that retail investors did not do the same thing 'coz crash would be bigger. There could be another decline but personally I won't be too worried of it. We saw how low its market value fell , multiple times and it always recover; it is just waiting for a period of time which is a must if you want to make profit in this cycle. If it is with the new all time high, I'm guessing it will reach $100k this time because it is how high expectations are even with previous bullrun. Eitherway, for now it is investing more or just holding with what's on your portfolio. We are still on the accumulation area and anything can just happen in an instant.

I believe it will reach a new ATH, it may fall but the bitcoin will always back and rise more than the percentage of its price that drop. Example it will drop 10% today and in the next week it will rise up 15%,this is why bitcoin is the most amazing coin because it will always bounce after the dip and if you hold and believe on it you will surely earn.

We have seen under 60k this month, and we have seen nearly 72k this month too, the lowest point of the money and the highest point of the money has a 13-14k difference, which is nearly quarter of where we are, that's nearly 25% difference and that should be quite obvious that it takes people time to realize but not that much.

I believe that we are going to see all time high quite soon, we are nearly at 70k these days and I believe that as long as we keep it going, we should not have trouble going higher, it will definitely reach those levels. This will not be all that simple or easy, but it will be possible for sure. I think it's clear that reaching to a point where we could make some money with it, is quite soon and we should hold for a while longer.

At the end there is no reason to wish for the price of bitcoin to get to another ATH so soon, we know bitcoin is already experimenting a bull run and that such a low ATH will be surpassed at some point, what we need to do is to take advantage of the situation and buy the bitcoin that we can, and for those engaging in such a strategy, it is way better if the price of bitcoin remained stagnant for a long period of time, so they can buy more bitcoin for a relatively low price.

$57k to be exact, I think that is the lowest price post-halving, and then we go up to $71k during the Pizza day or week and I think that news was the hype that pushes the price and we think that we will get to a new all-time high, but it didn't materialized.


And as of this writing, the price goes down to $67k again, so that thread is somewhat relevant. And we might be in some consolidation phase, and I'm seeing that since we are at the end of the month, there will be no big movement to reach at least $70k. But in a larger context, we are in a bull run, so significant shifts are bound to happen soon, new all time high at 6 digit.

If you look at the longer market situation the Bitcoin price has been stable for quite a long time in the $60k-$70k range. This is indeed a little strange and different from previous halvings because at this halving moment the price of bitcoin tends to be stable. if this situation does not change it is certain that $73k is the ATH for this year, and if the market can recover then reaching $100k is wide open.

We are not even half of this year yet, so it is too early to say that $73k is the ATH for this year. Do remember, in crypto market, one month is like a long period of time already. So don't get too confident that the price level will stay in the 60-70k range only. We have a lot of things going on in the next coming months.

But the more than $65k level of btc is actually great already. If we will maintain this range, it will be the year that we have experienced this level for much longer duration. In the coming months, I would say, it can easily progress to a much higher level, which is above $70k.

BTC last did this at March start before exceeding this area and making a new ATH.  But it didnt hold that high and repeated its range bound prcing for some months.   I wont believe its done anything new until we exceed and then confirm this area as the low in a definitive way with volume.   

And just like that, we have a movement today, as it breaches $69k as I type this message, meaning that this month could be a great start and we might reach $70k++ again or at the start of the last half of the year, there could be movement to reach new all time high. And just like start of any month, it will be exciting again and hopefully we can breach $70k and see how it goes. And if that happens, then it will be the second time post halving. As per my experience, usually breaking round numbers is hard and it might take 2 or 3 times before we can get over that hump. And volume looks good at the start of the month, so another good sign for us.

The way bitcoin started this month is without a doubt a good sign for things to come, after all we are only 2.6k away from another ATH, and I think we have all witnessed bitcoin making moves like that in a matter of hours, so as long as we remain that close to it, the possibility of breaking the previous ATH will always be there, however while I am optimistic this could happen during this month, bitcoin has deceived me before and it would not surprise me if instead this was a process that it took months to materialize.

Those who had invested in altcoins can now sell them at a multiple profit. Along with the increase in the price of Bitcoin, all the altcoins have increased in price. If we invest at the right time, we can get profit.  We will not be able to make profit but will put our invested money at risk. So we should always find the right coins and keep investing.

Bitcoin's ATH to date is around $73k and the current price of bitcoin is only slightly below the ATH. meaning that at any time bitcoin can reach a higher ATH if there is a significant price spike. I myself am not sure if $73k is the ATH this year because I think after this there will be a significant price spike just like the price spike in the previous halving.

$71,000 today and still climbing, and we are slightly going after a new all time high for this month. I will admit though that I never saw that this month will be a good for us. Anyhow, good to see it, maybe we will achieved $75,000 as this is the obvious target for now.

Yes, there were even a thread saying that $84,000 is the peak of the bull run which the majority of us didn't agree because it's too early to say and there a big speculations that 6 digits will be the highest at this bull cycle and we can achieved it next year.

Apart from having to be able to find the right coin for investment, you also have to be able to find the right entry point and the right exit point in order to get multiple profits at a certain time or at the time as you said. Because what we often see now is some people who know the entry point more precisely but don't know the point to exit and take advantage of what they have bought before. So the level of profit is not much higher because they have gone through a better moment to get out of what they have done before.