New ATH after halving?

[Little Mouse]

Before 2016 halving, the price went up a total of 50% and this time, when btc is getting closed to the halving, we saw this sudden price pump. During 2016, there was a little uncertainty from China, while we have now the pandemic. What do you think? Will we see 10000 above within this week and new ATH soon?

[1715085500]

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[1715085500]

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[pooya87]

there is always some "uncertainty" in the market no matter what is going on and the rise always comes no matter what because the demand for bitcoin is constantly increasing even though there is a lot of FUD and manipulation trying to keep it from growing.

this time however we have the benefit of price being very undervalued when the rise is starting. it is like a spring that was compressed a lot and now it is being released all of a sudden so we can easily expect a very big jump.
but i still don't expect ATH right away, that still takes a much longer time.

[Free1bitco.in]

Seeing the rapid development of bitcoin prices today, I am pretty sure that the price of bitcoin can reach more than $ 10k. however, the price is now approaching $ 9500. however, don't rush into speculation. we know that at present, world conditions are not conducive to various kinds of business, and so is crypto. as long as the pandemic still exists, I think expecting a new ATH is still quite difficult for now.

[michellee]

Before 2016 halving, the price went up a total of 50% and this time, when btc is getting closed to the halving, we saw this sudden price pump. During 2016, there was a little uncertainty from China, while we have now the pandemic. What do you think? Will we see 10000 above within this week and new ATH soon?

Hard to say, but it could be possible. We don't know if above $10k will coming within this week but maybe in the next week because we are in the weekend now. So we can expect the price to stable at a price now, and then the price will start to increase more in the next week, which will give us another chance to make a profit. But you should be careful because the price can dump anytime after its increase until the price now.

[buwaytress]

I'm not particularly excited any time Bitcoin crosses the divide from 9k to 10k. Seems to be rather easy to do without volume, and I suspect we could be seeing the same again -- unless the Tone Vays and multiple other people are right and we see a retracement for more dip buying. Gotta admit seems the more logical way to turn for Bitcoin, but maybe halving is too psychologically difficult to resist.

[Febo]

Before 2016 halving, the price went up a total of 50% and this time, when btc is getting closed to the halving, we saw this sudden price pump. During 2016, there was a little uncertainty from China, while we have now the pandemic. What do you think? Will we see 10000 above within this week and new ATH soon?

We will see $10000 sooner or latter. But for sure before end of the year.  I dont think new ATH will come that fast. Most likely not this year. To be totally sure about me saying NO to new ATH this year we will have to wait few more months to see how will covid-19 recession evolve. If things will go very worse then impossible.

[boyptc]

Before 2016 halving, the price went up a total of 50% and this time, when btc is getting closed to the halving, we saw this sudden price pump. During 2016, there was a little uncertainty from China, while we have now the pandemic. What do you think? Will we see 10000 above within this week and new ATH soon?

It can be on that price within this week but always be open with the possibilities that there can be some minor/major pull backs.

The important price that we have to stay tune is after the halving.

[monineklutak]

there will definitely be a time to be able to touch All Time High again, like Bitcoin SV has touched All Time High this year,
but for Bitcoin I think All Time High will occur in 2021 or 2022

[uray]

there will definitely be a time to be able to touch All Time High again, like Bitcoin SV has touched All Time High this year,
but for Bitcoin I think All Time High will occur in 2021 or 2022

The reason for the rally in SV was because of fake news and social media bumping that the real Satoshi was indeed CSW and it was just a clear manipulation and once the market found out the lies it went down like shit  . If you are looking for rallies that can be trusted just look at the bitcoin market and not with other monikers who stole the bitcoin identify.

[dunfida]

Before 2016 halving, the price went up a total of 50% and this time, when btc is getting closed to the halving, we saw this sudden price pump. During 2016, there was a little uncertainty from China, while we have now the pandemic. What do you think? Will we see 10000 above within this week and new ATH soon?

Nothing is assured when in talks on future prices.We can checked out the history itself but it doesnt mean that it would happen the same thing on this upcoming halving.
5 digit price is good but im not really expecting too much that we would break out that previous ATH and make a new one.Too early to say but hopefully we would reach
up those heights after all the years we've been holding.We only have few days left and we would able to see if there would be price actions on that time or would
just wait and see after some months after or even a year, no one really knows.

[Baofeng]

Before 2016 halving, the price went up a total of 50% and this time, when btc is getting closed to the halving, we saw this sudden price pump. During 2016, there was a little uncertainty from China, while we have now the pandemic. What do you think? Will we see 10000 above within this week and new ATH soon?

We just had a minor correction, so I guess if we are going to hit $10k, then we will have to wait. We have touch at least $9400 but quickly fell off to $8700-$8800 so I guess that will be the support for now and we don't know if the bulls are exhausted or FOMO has slowed down. Or maybe some long positions got liquidated above $9k. We still have 11 days to go before the halving, I'm expecting another wild and bumpy ride, we might see some major re-test before a leg up to $10k. Take note as well that we ended this month very strong.

[Twinkledoe]

Before 2016 halving, the price went up a total of 50% and this time, when btc is getting closed to the halving, we saw this sudden price pump. During 2016, there was a little uncertainty from China, while we have now the pandemic. What do you think? Will we see 10000 above within this week and new ATH soon?

We just had a minor correction, so I guess if we are going to hit $10k, then we will have to wait. We have touch at least $9400 but quickly fell off to $8700-$8800 so I guess that will be the support for now and we don't know if the bulls are exhausted or FOMO has slowed down. Or maybe some long positions got liquidated above $9k. We still have 11 days to go before the halving, I'm expecting another wild and bumpy ride, we might see some major re-test before a leg up to $10k. Take note as well that we ended this month very strong.

11 days is very long when we are talking about crypto market. A lot of things will happen and more than likely we will see a lot of ups and downs before this halving day. But I'm pretty positive that we will see good price for bitcoin. But I don't think we will reach a new ATH, which means, more than 20k here. $10k actually is already a good value, but reaching above $20k is hard to accomplish based on my opinion. But who knows, everything is possible. That's why it will be interesting to know what will happen to btc price after halving.

[Little Mouse]

but maybe halving is too psychologically difficult to resist.

Everywhere in crypto community, newbie to older members are talking about halving and its affect on price pump. Such a trend can easily create a FOMO you know. I have seen some buying pressure on my local crypto group too.

[leyton11]

Before 2016 halving, the price went up a total of 50% and this time, when btc is getting closed to the halving, we saw this sudden price pump. During 2016, there was a little uncertainty from China, while we have now the pandemic. What do you think? Will we see 10000 above within this week and new ATH soon?

It's really hard for its price to rise sharply without any adjustment. The price hike is so fast that its price in the future will drop more sharply than ever. Let the market grow slowly but surely. rising too fast is not a good sign. Halving is about to come, but it will take time to grow in line with supply and demand. A sharp increase is only a form of fomo and it is never recommended.

[pooya87]

It's really hard for its price to rise sharply without any adjustment. The price hike is so fast that its price in the future will drop more sharply than ever. Let the market grow slowly but surely. rising too fast is not a good sign. Halving is about to come, but it will take time to grow in line with supply and demand. A sharp increase is only a form of fomo and it is never recommended.

that's true but when the price drops sharply it has to also rise back up fast and big to "correct" that fault. and we had a very sharp drop recently in case it was forgotten! and price has still not gone back to where it was before that sharp drop meaning close to $10k and trying to break it. so it has to go back there first before we can start calling it a "sharp rise" and discuss whether it is good or bad.

[pealr12]

Before 2016 halving, the price went up a total of 50% and this time, when btc is getting closed to the halving, we saw this sudden price pump. During 2016, there was a little uncertainty from China, while we have now the pandemic. What do you think? Will we see 10000 above within this week and new ATH soon?

im sure btc will pass 10,000$ again but new ATH, maybe by next year.  Just like what happened last halving were btc rose up by the end of the year 2016 till the 1st month of 2017.  History will repeat itself.

[Oasisman]

Before 2016 halving, the price went up a total of 50% and this time, when btc is getting closed to the halving, we saw this sudden price pump. During 2016, there was a little uncertainty from China, while we have now the pandemic. What do you think? Will we see 10000 above within this week and new ATH soon?

History will repeat itself.

That's not guaranteed though. We are in a different situation right now. Though people are following the trend that much, but there are several circumstances where the market sentiments could be changed. One of the major factor is the whales. When these whales decides to dump Bitcoin after the halving, people would also rush to sell for sure. If you noticed, everytime Bitcoin hits the resistance level, people starts selling and causes the price to pull back a bit.
Anyway, Bitcoin is still in a good figure and there's still a good chance to break the $10,000 level anytime in these coming days.

[davis196]

Before 2016 halving, the price went up a total of 50% and this time, when btc is getting closed to the halving, we saw this sudden price pump. During 2016, there was a little uncertainty from China, while we have now the pandemic. What do you think? Will we see 10000 above within this week and new ATH soon?

Yesterday,the BTC price went to 9,4K USD,now it's 8,7K USD.I don't know what caused this short term price pump,but it's definitely not the BTC halving.Probably some crypto whales bought BTC or some crypto exchange platform moved funds from altcoins to BTC,but I can't tell that this price pump happened due to the
halving,due to the stimulus checks or maybe due to many countries trying to reduce lockdowns.
I still believe the 2017 Bitcoin price ATH will not be reached soon.

[Wilhelm]

The halving has always been the bottom of the logarithmic curve.
This means that the current price is approximately the lowest it will be in the future.
When bitcoin pumps it will go somewhere between 300% and 2000% of todays price in about 2 years, if history repeats itself.

P.S. I've not taken the time to verify the percentages so see them as balls-park figures

[Wexnident]

I wouldn't say immediately though. If we were to talk about past records then ATH records of BTC after halvings often occurs after 12 months of the halvings itself ( around there anw ). History pretty much have said that there would be a steady increase from after the halving to the following months and at the very least, it won't go down the price on the halving itself. However, there are of course uncertainties in the possible movements and we wouldn't really be able to assume that the exact same increase would happen, but at the very least, a new ATH should happen by 2021.

As for the recent pump, in addition to halving FOMO you could also say that it was because the price was way below what BTC should be. A lot of fear was sent when it went down to $4k but seeing as the market has slowly recovered, you could say that a lot of traders started going back realizing that the fear they felt back then was really nothing but themselves.