Another Halving, Another ATH

[Chato1977]

We may not see another major bull run that will take over from the current ATH of $64,863.10. In 2017 when the ATH that many began to notice bitcoin happened, it was a year after and it started ranging, then heavy correction followed till the current halving. Now we are about a year from the last halving, we have also seen an ATH , I thinking we may be in ranging time now as altcoins are beginning to bull. Ethereum is running higher and now selling at $3,160 , other altccoins doing some increase ,it happened that way in 2017 .

But remember that not all halving brings ATH to Bitcoin price so be aware and never expect a perfect run each time (Every 4 years)

But indeed that These past halving , bitcoin really made a Move and great ranking.

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[plr]

We may not see another major bull run that will take over from the current ATH of $64,863.10. In 2017 when the ATH that many began to notice bitcoin happened, it was a year after and it started ranging, then heavy correction followed till the current halving. Now we are about a year from the last halving, we have also seen an ATH , I thinking we may be in ranging time now as altcoins are beginning to bull. Ethereum is running higher and now selling at $3,160 , other altccoins doing some increase ,it happened that way in 2017 .

I don't compare the 2017 scenario to what we are experiencing now, because I'm going to be greedy and will be on a buying spree on just any token or coin that I can stumble, this new bull market we need to do a lot of research because scammers are also creating projects that are an imitation of projects that attract a lot of investors, one of these are the DeFi projects.

[ultrloa]

We may not see another major bull run that will take over from the current ATH of $64,863.10. In 2017 when the ATH that many began to notice bitcoin happened, it was a year after and it started ranging, then heavy correction followed till the current halving. Now we are about a year from the last halving, we have also seen an ATH , I thinking we may be in ranging time now as altcoins are beginning to bull. Ethereum is running higher and now selling at $3,160 , other altccoins doing some increase ,it happened that way in 2017 .

I don't compare the 2017 scenario to what we are experiencing now, because I'm going to be greedy and will be on a buying spree on just any token or coin that I can stumble, this new bull market we need to do a lot of research because scammers are also creating projects that are an imitation of projects that attract a lot of investors, one of these are the DeFi projects.

No surprise for seeing new trend about new tech popping up but if you don't want to get scam on any of those well you can focus on existing alts which have promising future or can simply select bitcoin for long term hold since imagine how far it goes this days and maybe un next halving we can see more ATH since the price consistently pump when halving cames.

[Gozie51]

64k is nowhere near the top of the current cycle, we’re going to double at least before the start of the next bear market. Alts are riding high now but a big % of profits always go back into bitcoin. Most alts are just used as vehicles to increase bitcoin stashes.

Exactly, altcoins may have good gains in the last month or due and been cutting on bitcoin's dominance. But it doesn't mean that they can sustain that for a long time unless we are in a bear market, which is not. So sooner or later after altcoins dumps again, smart investors are going to shift to bitcoin and another all time high for us this month. Currently, bitcoin went from $58k to $55k now, but there's no need to panic here, just how money are flowing, bitcoin-> altcoin market and then vice versa.

I think it is just a circle and gradually the price will keep appreciating. Bitcoin dropped from the ATH @ $64k down to now at $55k and the gains I see has been pushed to Ethereum which is now at $ 3,300 and some other altccoins appreciating also. The circle may go back to bitcoin or it may just be a bear time but nobody will say the range price will head off to.

[traderethereum]

We may not see another major bull run that will take over from the current ATH of $64,863.10. In 2017 when the ATH that many began to notice bitcoin happened, it was a year after and it started ranging, then heavy correction followed till the current halving. Now we are about a year from the last halving, we have also seen an ATH , I thinking we may be in ranging time now as altcoins are beginning to bull. Ethereum is running higher and now selling at $3,160 , other altccoins doing some increase ,it happened that way in 2017 .

$64k is just the beginning of the bitcoin price, which can still increase in the next month until the next year because I guess the bitcoin price will be more worth than just $64k.
Maybe the bitcoin price will be more than $75k but it will not happen in a short time because bitcoin itself needs more support and demand from people out there to invest in bitcoin.
But I admitted that people could say anything about bitcoin price, including they can say that bitcoin will jump to the lowest price and back to the price before halving.
Maybe bitcoin needs to have another correction before the rising of price again and that can give the altcoin time to increase and reach the next ATH.

[tygeade]

We may not see another major bull run that will take over from the current ATH of $64,863.10. In 2017 when the ATH that many began to notice bitcoin happened, it was a year after and it started ranging, then heavy correction followed till the current halving. Now we are about a year from the last halving, we have also seen an ATH , I thinking we may be in ranging time now as altcoins are beginning to bull.

I do not think altcoin's bull market got any power to influence bitcoin market in any means. I agree money in-flow may get deviated to altcoin markets still I do not agree all new investors will go for investing into altcoins. So, this is not ranging time. It is like power gaining time for bitcoin which makes some altcoins to roar but when bitcoin gets into action then those altcoins will get back to their usual routines.

other altccoins doing some increase ,it happened that way in 2017 .

No. In 2017, most altcoins did not have their ATH but only in 2018. When bitcoin is into bullish mode, most altcoins will remain stagnant and when bitcoin enters into stable zones, altcoins may get into their strong bullish mode.

[yhiaali3]

It is still too early to say that the bitcoin ATH that we saw at $ 64,863 is the highest peak for this year, we are likely to see much higher peaks, expectations indicate that we can see 100k$ before the end of this year, this possibility is very large with the increasing entry of large companies The market and buying more huge quantities of Bitcoin, buying these large quantities will cause a shortage of supply in the market and an increase in demand, and this leads to an increase in the price.

[Distinctin]

I'm already started to miss the $10,000 price of Bitcoin where we are stuck there for a few months before we started to rally high and reach $20,000.
And as the market remains in this situation (bullish), I'm started not to think about reaching it back again. I know and we can't deny that many people are waiting for the market crash but sound like it was hopeless.
And I was wondering how the next halving could affect the trend or it even helps the market not to dump again as it is possible that people will start filling their bag as early as possible before.

[Ararbermas]

$64k is just the beginning of the bitcoin price, which can still increase in the next month until the next year because I guess the bitcoin price will be more worth than just $64k.

probably mate,, because bitcoin easily reach that value in just a short period of time when it started pumping and showing a high trend within weeks in the market.. See the growth rate at this point its showings as well that still have possibility to surge more despite of some fluctuation due to some sell off  . Indeed it didn't affect too much so this means bitcoin still have strong resistance in my opinion and the potential still higher because also mostly news now around social media are good news when it comes bitcoin,

[cabron]

$64k is just the beginning of the bitcoin price, which can still increase in the next month until the next year because I guess the bitcoin price will be more worth than just $64k.

probably mate,, because bitcoin easily reach that value in just a short period of time when it started pumping and showing a high trend within weeks in the market.. See the growth rate at this point its showings as well that still have possibility to surge more despite of some fluctuation due to some sell off  . Indeed it didn't affect too much so this means bitcoin still have strong resistance in my opinion and the potential still higher because also mostly news now around social media are good news when it comes bitcoin,

I agree Bitcoin is very likely to go back up to the ATH price of $ 64k, but the problem is Bitcoin resistance very strong at the price of $ 60k.
Therefore several times when it approached the $ 60k price, the Bitcoin price always fell. Therefore Bitcoin needs new investors who can help
push the Bitcoin price past the resistance price of $ 60k. In the near future, the number of new investors holding Bitcoin should continue,
because positive news related to Bitcoin continues to emerge. And also for Bitcoin holders who have bought Bitcoin before, it is hoped that
they will not sell their Bitcoin too quickly. If they really expect Bitcoin to return to a price of $ 64k.

It will take time and as for the moment, it's time for some of the altcoin bull run, DOGE, ETC, VET, WAVES, Telcoin and OKB are some of the altcoins that multiplied their price since the year started. The time for BTC could be over or its just time for it to wait.

Lucky for those who had bought and wait. Just like they say "Blessed are those who HODL"

[k@suy]

It is still too early to say that the bitcoin ATH that we saw at $ 64,863 is the highest peak for this year, we are likely to see much higher peaks, expectations indicate that we can see 100k$ before the end of this year, this possibility is very large with the increasing entry of large companies The market and buying more huge quantities of Bitcoin, buying these large quantities will cause a shortage of supply in the market and an increase in demand, and this leads to an increase in the price.

Well i am going to agree in the fact that assuming this month ATH will be the last ATH of bitcoin for this year was too early because usually every trader, a member of the crypto community usually waits for the end of the year to witness another ATH of bitcoin. What was good about crypto market today was the thought that even if we are far from the end season of the year yet we are witnessing yhe continuous market exchange rate climb up.

[rodskee]

It is still too early to say that the bitcoin ATH that we saw at $ 64,863 is the highest peak for this year, we are likely to see much higher peaks, expectations indicate that we can see 100k$ before the end of this year, this possibility is very large with the increasing entry of large companies The market and buying more huge quantities of Bitcoin, buying these large quantities will cause a shortage of supply in the market and an increase in demand, and this leads to an increase in the price.

Well i am going to agree in the fact that assuming this month ATH will be the last ATH of bitcoin for this year was too early because usually every trader, a member of the crypto community usually waits for the end of the year to witness another ATH of bitcoin. What was good about crypto market today was the thought that even if we are far from the end season of the year yet we are witnessing yhe continuous market exchange rate climb up.

Who says that ATH happens every End of the year? have you checked the data from each end year?

it can happen today and will remain the level till December ? but this doesn't mean that the All time High will be recorder in the last quarter meaning October,November,December time.
But i doubt that there will always be a dumping nowadays because of the biggest company that holds and support bitcoin.

[traderethereum]

$64k is just the beginning of the bitcoin price, which can still increase in the next month until the next year because I guess the bitcoin price will be more worth than just $64k.

probably mate,, because bitcoin easily reach that value in just a short period of time when it started pumping and showing a high trend within weeks in the market.. See the growth rate at this point its showings as well that still have possibility to surge more despite of some fluctuation due to some sell off  . Indeed it didn't affect too much so this means bitcoin still have strong resistance in my opinion and the potential still higher because also mostly news now around social media are good news when it comes bitcoin,

I agree with you because bitcoin is still trying to survive and have more support to make bitcoin stay at a price now.
Sooner or later, the bitcoin price will start to rally to the high price and although we do not know that time, we can prepare ourselves so we do not miss the chance to sell at a high price.
If we look at the bitcoin price move, it seems the price still struggles not to go down deeper than before.
The positive bitcoin news can support the price to lift the price to the high price and maybe we can see the price back to $60k soon as that will be the next target before reaching $64k.

[rahmatrf331]

$64k is just the beginning of the bitcoin price, which can still increase in the next month until the next year because I guess the bitcoin price will be more worth than just $64k.

probably mate,, because bitcoin easily reach that value in just a short period of time when it started pumping and showing a high trend within weeks in the market.. See the growth rate at this point its showings as well that still have possibility to surge more despite of some fluctuation due to some sell off  . Indeed it didn't affect too much so this means bitcoin still have strong resistance in my opinion and the potential still higher because also mostly news now around social media are good news when it comes bitcoin,

Bitcoin growth currently stands at or less than $ 64000, which means bitcoin is almost at the peak of the trade, to the possibility of hitting a price above $ 64000 between yes and no. but this is very worried, where the maximum peak will reach, then the decline will begin to appear.

for investors, must be very careful in investing. but we hope the bitcoin should be between $ 64000 or a value above.

[Kong Hey Pakboy]

It is still too early to say that the bitcoin ATH that we saw at $ 64,863 is the highest peak for this year, we are likely to see much higher peaks, expectations indicate that we can see 100k$ before the end of this year, this possibility is very large with the increasing entry of large companies The market and buying more huge quantities of Bitcoin, buying these large quantities will cause a shortage of supply in the market and an increase in demand, and this leads to an increase in the price.

It isn't right that we assume that this is the last ATH in bitcoin prices when we know that there is still a lot of time and those time is going to be opportunities to prove that there is another ATH. I hope that we can really see 100k this year because I think that with bitcoin touching the 60k mark is a proof that it can go up more than that and 100k isn't a pipe dream anymore.

[slapper]

Halving is always chosen to be a good occasion for an enormous bull run of cryptocurrency. Bitcoin has been through 3 halvings and it always creates new ATH during this time. Holding bitcoin is a good choice but right now, altcoins are thriving so I would advise you to pick some of your funds to invest in alt. Some alts can bring you 1000% in profit, especially IDO, IEO, or anything that is the same as ICO in 2017 because you can multiply your balance in just a few weeks.

No matter how blossom the market can be, knowledge is a must. Choose some coins inspiring you, make some researches and note out whether they are appropriate to invest in or not. Even in the uptrend, people can lose their money due to high number of scammers and thieves.

[magneto]

The macro trends are certainly pointing towards a top.

As you said, generally BTC hits another ATH approximately 1 year after the halving event (which is just about now). There is still quite a bit of bullishness left in the marketplace, but in terms of BTC price it has been stagnating over the past month or so at around $50k.

Resistance seems quite strong at $60k, although I wouldn't count another rally out just yet. The bull market is now close to being a mania, and people can act in all sorts of irrational ways. Heck, 6 figure BTC isn't even out of the question.

[Oasisman]

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I think it is just a circle and gradually the price will keep appreciating. Bitcoin dropped from the ATH @ $64k down to now at $55k and the gains I see has been pushed to Ethereum which is now at $ 3,300 and some other altccoins appreciating also. The circle may go back to bitcoin or it may just be a bear time but nobody will say the range price will head off to.

Alts follows Bitcoin and so does Bitcoin will benefit some gains during alts season as well. Remember how Bitcoin reached a $19k ATH in 2017 when the ICO becomes a trend that year.
Doge was being hyped up so hard today and It has a chain reaction to Eth. So we're seeing these both alts rising rapidly.
I'm expecting Bitcoin to sit around the $60,000 level this month.

[Theb]

Bitcoin's halving is one of the most linked up events on why Bitcoin's price is going up but for me I don't see any connection as all. In your scenario where Bitcoin only moved up because of last year's halving the truth is Bitcoin alread had a reversal as early a year before the halving date and it just shows that it is more of a market cycle rather than historical data pointing out that Bitcoin will be move in this way again and again. Simply the halving really doesn't affect the demand and supply of Bitcoin as the value of it depends entirely on the demand for the existing circulating supply on exchanges it doesn't even make Bitcoin "scarce" at all as the total supply doesn't change on the block reward.

[bitgolden]

We may not see another major bull run that will take over from the current ATH of $64,863.10.

When people like you who are all hating bitcoins for some reasons; what else we could expect from a bitcoin hater other than mentioning about ATH is already attained. Being a bitcoin lover, I like to bet like we are just in the beginning parts of stronger bitcoin bull run of 2021; we need to travel a long journey ahead and only after the ATH will be expected. Who know, the bull run may run to even 2022 as well by considering how many big corporates start showing interest on bitcoins.