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Author Topic: Bitcoin all time high, is it ETF effects or pre halving cycle  (Read 505 times)
philipma1957
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March 14, 2024, 11:47:19 PM
 #61

Today bitcoin started the week reaching at $65,000 a near former all time high price, and this new stabilized bitcoin 65k price indices make alot of presumptions and many bitcoin price speculators are in bullish mode to state an obviously possible reality that bitcoin may break the former all time high price (ATH) of $69,000+ previous record before the bitcoin halving cycle to occure.

Although if bitcoin make a new all time high before the next bitcoin halving, it makes it the second time in bitcoin history and chart 📉📈 where bitcoin attain all time high prior few days to the next halving.

The question now is, are we going to see that happening very soon and what is you expected benchmark before the next halving cycle.

So we hit an alltime high.

I believe in ETF a “different” ½ ing it is more like a 35-42% drop not 49-51% drop.

Lastly no covid which helps supply chain allowing many miners and good supply chain.

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