Another Halving, Another ATH

[Twinscoin2017]

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 .

Well i also see the huge increase of some altcoin this days, i believe that this is beause of the bull run. It has really no big difference from the past bull run that happens in 2017 the only difference there is the price of bitcoin and eth it is now almost 3 times high from the ATH of the last bull run After this bull run huge dip may happen, and maybe in the next few years after that dip another bull run with another ATH may happen again in again, this was really exciting and i always wait and prepair for the next halving for good.

[1715115025]

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[1715115025]

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[1715115025]

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[Luqman]

Ethereum is running higher and now selling at $3,160

Ethereum price is already above $4,000 now. Sure, it hits a new ATH, but not so surprising because we are still in altcoin season.
Well, it is true that another halving, means we have another ATH. Not only for Ethereum, but other altcoins also get their new ATH. At least, this already happened on the last few halvings. Let's see what will happen in the next halving, whether we also can have another new ATH or not. We don't know exactly, but likely to have the same scheme.

[STT]

I think it has to fall back a bit more before new highs, usually thats what happens.  The price rises turn sideways then down some until its left at a longer term price level that is exhausted further offers before once again starting to accumulate around progressive gains in revenue and the protocol changing its block reward.   Seems the full cycle is what allows for such a rise, cant just skip one stage that easily.

[Saisher]

Enjoy the profit, while the bull run last, my only wish is we have a long bull run because we've had a very long bear trend, eventually bear trend will come but whatever profit we've lost in the last bear trend we can regain it and prepare for the coming bear trend, the halving have done a lot of great things and this last halving so far is the best.

[Distinctin]

Let's talk about other ATH when the bull run is over, currently, the market is still bullish so we can still expect that anytime the price will pump and BTC will again break its current ATH. This year's bull run, it started with the halving and it was really true that we will see a bull run, it's just that this time its bigger as people are looking for a good investment since the economy is struggling due to the pandemic.

[Farma]

Well, I just realized that some bitcoin halvings, always have a boost for each increase. like, in 2016, the bitcoin halving happened, but the rise in bitcoin price also coincided with the popularity of ICOs, and it pushed bitcoin and altcoins to reach the new ATH. whereas this year, the new ATH was supported by halving as well as Tesla and made bitcoin and many altcoins reach the new ATH. however, if the halving occurs again in the future, and there is great support from investors, then ATH could just be achieved. however, it all depends on the conditions.

[peter0425]

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 .

It's happening again now because looks like Bitcoin is dropping little by little each day and this sounds like what happened after the 2017 Bump.

Enjoy the profit, while the bull run last, my only wish is we have a long bull run because we've had a very long bear trend, eventually bear trend will come but whatever profit we've lost in the last bear trend we can regain it and prepare for the coming bear trend, the halving have done a lot of great things and this last halving so far is the best.

The thing is that Bullrun seemingly gone away now?

[Hypnosis00]

Well, I just realized that some bitcoin halvings, always have a boost for each increase. like, in 2016, the bitcoin halving happened, but the rise in bitcoin price also coincided with the popularity of ICOs, and it pushed bitcoin and altcoins to reach the new ATH. whereas this year, the new ATH was supported by halving as well as Tesla and made bitcoin and many altcoins reach the new ATH. however, if the halving occurs again in the future, and there is great support from investors, then ATH could just be achieved. however, it all depends on the conditions.

Halving has a positive impact on the market and prices turn Bullish and it usually happens almost a year after halving. That is why many investors come to crypto during halving as they are thinking about easy profit next to this. I don't mind who is supporting with the pump but I was sure the market skyrocketed after that, and mostly it happens that prices cross high on the previous ATH. Might we are thinking of the same scenario this coming halving and many were preparing for that.

[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.

If you are aiming for long term investment there's no problem placing your money into this market, The past history showed the big success
of this industry, Bitcoin top up to a new high and now having some corrections,
Once the market start to gained enough support, when new strong ground has been established expect more out from this investment, but always
do your DYOR rely with your knowledge and never to blindly follow any tips that you are unsure.

I see the increase in the price of bitcoin is nothing more than the spinning of the wheel where when the price is very high, it will spin down in a very fast time, although not too long it will go up again. on the side can be considered an opportunity where the wheels drop down, can be bought in sufficient quantities.

[SquallLeonhart]

Well, I just realized that some bitcoin halvings, always have a boost for each increase. like, in 2016, the bitcoin halving happened, but the rise in bitcoin price also coincided with the popularity of ICOs, and it pushed bitcoin and altcoins to reach the new ATH. whereas this year, the new ATH was supported by halving as well as Tesla and made bitcoin and many altcoins reach the new ATH. however, if the halving occurs again in the future, and there is great support from investors, then ATH could just be achieved. however, it all depends on the conditions.

The increase in bitcoin price didn't happen after ICO was a big craze, ICO craze happened because bitcoin price was higher. Bitcoin became so popular back in 2017 that people got into it and I mean a lot, we reached 20k for the first time but it was also the first time ever we broke over 5k as well, think about it, we broke ATH by 5k and then 4x did that in a single month, it was a crazy period and everyone was getting involved.

After a certain while people realized bitcoin couldn't go up even more, they couldn't make 10x profit from it, they could maybe 2x at the very best but why push it so hard for that? Meanwhile altcoins were going up like 5x or 10x crazy and there was one coin that skyrocketed each week, eventually people got bored out of that as well and started to put their profits into crazy ICO that turns out to be scams most of the time but could make them rich if they get in early. Resembles anything? It is literally what is going on today, except it is not ICO but it is DeFi.

[DU18]

I see the increase in the price of bitcoin is nothing more than the spinning of the wheel where when the price is very high, it will spin down in a very fast time, although not too long it will go up again. on the side can be considered an opportunity where the wheels drop down, can be bought in sufficient quantities.

That's the unique thing about bitcoin, which when we can take advantage of the opportunities that exist, of course it will give us an advantage, a fluid price movement up bitcoin can of course provide benefits for the holders, but when the price goes down, will we lose? I don't think so, because with a decrease in price, of course we can buy back bitcoin at a cheap price and from the experience that when the price of bitcoin has decreased, it certainly won't take long for bitcoin to move up and it will most likely break the record high price again and of course positive market sentiment factors and supply demand are the main drivers of rising bitcoin prices.

[wxa7115]

Well, I just realized that some bitcoin halvings, always have a boost for each increase. like, in 2016, the bitcoin halving happened, but the rise in bitcoin price also coincided with the popularity of ICOs, and it pushed bitcoin and altcoins to reach the new ATH. whereas this year, the new ATH was supported by halving as well as Tesla and made bitcoin and many altcoins reach the new ATH. however, if the halving occurs again in the future, and there is great support from investors, then ATH could just be achieved. however, it all depends on the conditions.

The increase in bitcoin price didn't happen after ICO was a big craze, ICO craze happened because bitcoin price was higher. Bitcoin became so popular back in 2017 that people got into it and I mean a lot, we reached 20k for the first time but it was also the first time ever we broke over 5k as well, think about it, we broke ATH by 5k and then 4x did that in a single month, it was a crazy period and everyone was getting involved.

After a certain while people realized bitcoin couldn't go up even more, they couldn't make 10x profit from it, they could maybe 2x at the very best but why push it so hard for that? Meanwhile altcoins were going up like 5x or 10x crazy and there was one coin that skyrocketed each week, eventually people got bored out of that as well and started to put their profits into crazy ICO that turns out to be scams most of the time but could make them rich if they get in early. Resembles anything? It is literally what is going on today, except it is not ICO but it is DeFi.

The ico craze that happened back then was complete madness, back then people still thought that a new coin will surpass bitcoin and they all thought their own coin was the one that was right for the job, people fell for that and invested a fortune in coins that were not worth anything only to lose it all.

I really think the ico craze was responsible for the crash we saw in bitcoin and that it delayed the path towards global adoption at least for a few years, and even if the interest in altcoins was high once again during this bull run it was nowhere near to what we saw back in the day of icos.

[STT]

Alt coins deflating I think might produce some demand for BTC as thats the most common exchange but I think it just relates in parallel to the hype in BTC itself.   2014 also had alt coins and similar ideas of starting a new blockchain and the growth would be continuous from start until it eclipsed other older ideas, especially a big part was faster confirmation time as I remember.

So its happened more then a few times now and probably also in future we'll see future developments.  I dont think attempts at innovation are a negative, it should not be the case that BTC fails for the existence of something lesser being possible even if some are confused and hold it as a negative against anything cryptography related.   Its think its said every economy naturally tries to destroy itself, its part of a process that strength is tested in order to continue to exist and something along these lines was foreseen by the original protocol team I'am fairly sure.
   Its a cycle it will repeat, in short that wont end.

Because when people try to understand the markets they try to simplify them so they can achieve this goal, the problem with this is that they generate an oversimplification of what the markets can do thinking it has to follow some kind of secret rules and somehow they can use this knowledge to trade the markets and get profits.

Why not both, understanding through simplification is what I aspire to.   Apparently Da Vinci said the ultimate Sophistication is Simplicity.
 Imo simple is no bad thing by itself, just so long as we can accept we can never know in absolute certainty.

I relate simple to consensus which is what markets move towards in resolving price action over time vs volume of sales.