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Author Topic: Bitcoin will reach all-time-high before halving. - BitQuant  (Read 770 times)
Don Pedro Dinero
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September 17, 2023, 01:16:26 PM
 #21

Impossible to predict. Predictions based on 1 parameter (halving) and ignoring the entire complexity of the world are ridiculous.

It's just like that but all predictions are spent on models that ignore what will happen in the world, obviously because it cannot be known in advance.

Who the hell is this QuantRant that such a tweet should be considered worthy of discussion?

Probably someone who wants to make a name for themselves, and they have managed to get people talking about them.

I am 1000% sure that Bitcoin won't hit another ATH before the 2024 halving and the new Bitcoin ATH will come 9+ months after the halving(which means 2025). I am ready to bet a gazillion dollars on this. Grin

I'm not as sure as you, but I'm about 99%, so I am willing to take a high bet within my budget (my money is on us not reaching a new ATH before halving).

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September 17, 2023, 01:46:18 PM
 #22

l don't think bitcoin will reach all time high before the next having, considering the last halving and the one before the last halving. l think everything is still going almost on the same trend. l think the price increment will be after halving and some months after that, although it is hard to say exactly when. As for the price reaching $250000, depends on what situation brought about.
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September 17, 2023, 01:52:31 PM
 #23

l don't think bitcoin will reach all time high before the next having, considering the last halving and the one before the last halving. l think everything is still going almost on the same trend. l think the price increment will be after halving and some months after that, although it is hard to say exactly when. As for the price reaching $250000, depends on what situation brought about.

I understand your point and agree on it as I believe on cycle too. But there’s part of me that believes on Bitquant prediction here since the last ATH is after a massive dump due to pandemic which is same right now after we are brought down by multiple crypto companies bankruptcies. I come up to this idea since Bitquant emphasizes the ATH before halving which means this pump is different on the last cycle of price pump when we experienced previous ATH.

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September 17, 2023, 02:10:57 PM
 #24

There's nothing wrong with the $250,000 prediction it's their choice by observer, but what I'm wondering is this going to happen before the halving? It hasn't been in recent history before but if this happens then the all-time record will be even higher if it's before the halving.

Of course I would rule out that prediction before the halving, I am more right on after the halving than before, it will be more theories about bitcoin in 2024 then they will make a new buzz to convince their investors, on the other hand I will not be more than $200,000 for the all-time high price.

Just live with the times it's going through.

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September 17, 2023, 04:24:55 PM
 #25

l don't think bitcoin will reach all time high before the next having, considering the last halving and the one before the last halving. l think everything is still going almost on the same trend. l think the price increment will be after halving and some months after that, although it is hard to say exactly when. As for the price reaching $250000, depends on what situation brought about.

I understand your point and agree on it as I believe on cycle too. But there’s part of me that believes on Bitquant prediction here since the last ATH is after a massive dump due to pandemic which is same right now after we are brought down by multiple crypto companies bankruptcies. I come up to this idea since Bitquant emphasizes the ATH before halving which means this pump is different on the last cycle of price pump when we experienced previous ATH.
I have more faith that we'll see a new bottom before halving than a new ATH. If you look at the cycles, the new high has always been after the halving, so it is logical to think that next time it will be the same. Especially now it doesn't look like bitcoin will rise because it has failed to break resistance a few times. Halving is about six months away and the crisis in the world is not over.

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September 17, 2023, 04:58:45 PM
 #26

No, #Bitcoin is not going to top before the halving.
Yes, it's going to reach a new all-time high before the halving.
No, #BTC is not going to $160K because the magnitude of every pullback is large. This means it will peak after the halving, in 2024. And yes, the target price is around $250K.

What BitQuant is saying is that before the next halving, bitcoin will reach all-time-high but it will not be the all-time-high before a massive bear market will begin again. That bitcoin will later still increase up to $250000 after halving, which would be the all-time-high.

I know some of you people will agree that bitcoin may reach $250000. What about bitcoin to reach all-time-high before halving? As for me, I do not think so and the all-time-high I am predicting is $170000.

This is another non-sense prediction.  As much as I wanted this thing to happen, I found this announcement non-factual.  Bitquant wanted to say that Bitcoin will break its current ATH before halving but wanted it to be more sensationalized so they choose to say the term All-Time-High.  Even though the explanation is a bit reserve than the idea of the ATH after the halving, I still think that it is impossible.

As far as I remember in the Bitcoin price history after 2013, breaking ATH does not happen before the halving, the breaking of ATH happens after the halving and I think that the current cycle is the same. 
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September 17, 2023, 05:38:36 PM
 #27

No, #Bitcoin is not going to top before the halving.
Yes, it's going to reach a new all-time high before the halving.
No, #BTC is not going to $160K because the magnitude of every pullback is large. This means it will peak after the halving, in 2024. And yes, the target price is around $250K.


I do not subscribe to any of this speculation especially the ATH before halving. To me it is looking like mission that is impossible. The reason is halving is next year and the price of bitcoin is not even half of the existing ATH and so to go over $64k which is the ATH for now is a very big rally that will be needed. Moreover, the last quarter of the year is not always a bull time for bitcoin maybe because hodlers want to cash out their hodlings and take stock of their investment and so that usually drop the price of bitcoin. So I do see what will push the price of bitcoin up before halving.

Surely the next ATH will be above $64k because it is traditional but I don't think $250k is coming. I could speculate $150k.
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September 17, 2023, 05:47:23 PM
 #28

No, #Bitcoin is not going to top before the halving.
Yes, it's going to reach a new all-time high before the halving.
No, #BTC is not going to $160K because the magnitude of every pullback is large. This means it will peak after the halving, in 2024. And yes, the target price is around $250K.

What BitQuant is saying is that before the next halving, bitcoin will reach all-time-high but it will not be the all-time-high before a massive bear market will begin again. That bitcoin will later still increase up to $250000 after halving, which would be the all-time-high.

I know some of you people will agree that bitcoin may reach $250000. What about bitcoin to reach all-time-high before halving? As for me, I do not think so and the all-time-high I am predicting is $170000.
How can you make a complete Elliott wave combination without even telling that we are into the first wave? I could make a similar Elliot wave downward as well but will it make any sense? You atleast have to give the previous ABC formation of the previous wave to make sure you have the next formation in making. So this is very wierd honestly. But let's see what happens.
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September 17, 2023, 05:58:10 PM
 #29

What BitQuant is saying is that before the next halving, bitcoin will reach all-time-high but it will not be the all-time-high before a massive bear market will begin again. That bitcoin will later still increase up to $250000 after halving, which would be the all-time-high.

BitQuant is been very optimistic because I haven't seen when Bitcoin cross a new all time high before halving, the price of Bitcoin would be bullish before halving because many individuals will be buying Bitcoin as they believe the bull market will start as soon as the halving is over but that's not going to happen. The price of Bitcoin will rise before halving but it won't go as high as BitQuant is predicting because that means it'll cross the previous ATH but that isn't possible.

While BitQuant is predicting $250k and others are predicting $100k, I think the new all time high will be $150k. Bitcoin can get to the price of $250k one day but it won't be happening in this bull market or the price might make the market to dip very well during the bear market.

R


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September 17, 2023, 06:09:38 PM
 #30

All these predictions without any proper technical analysis is useless. Yes we know that Bitcoins are approaching towards something big. But quoting a number out of nowhere doesn’t make any sense. We know Bitcoins follow a 4 year cycle in order to reach its new ATH price. 2024 is the 4th year and many have high expectations from it. So don’t waste time on predicting exact numbers. Buy and accumulate the coins in this low price and enjoy profits when new ATH is reached.

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September 17, 2023, 06:41:45 PM
 #31

Yep, drawing diagonal lines on a chart definitely proves that Bitcoin will hit 250K after the halving. Grin
This BitQuant guy claims that he is a central banker. Which central bank does he work in? He is probably joking about his current job.
Can't he explain who is going to pump the BTC price above 100K in 2024. I don't see any major candidates and such price pump would require an enormous of money flooding the crypto markets.
I am 1000% sure that Bitcoin won't hit another ATH before the 2024 halving and the new Bitcoin ATH will come 9+ months after the halving(which means 2025). I am ready to bet a gazillion dollars on this. Grin

It's possible and it doesn't require very large money, at least not in the Wall Street sense.
You should look at the amount of bitcoin on exchanges. If we reach the last ATH, which happened once without an ETF and any "enormous" money coming in, there's a chance of going above 100k due to supply shortages. It all depends on how many people will decide to sell and move their savings to exchanges vs the people who jump in to buy, thinking that at least 2x the last ATH(140k) is coming next.

Remember that the FOMO is very strong every time and bitcoin always went at least 3x the ATH once it got broken, so a 2x now is going to be expected by the street and that's going to happen while we have the least coins available for sale in the history of bitcoin.

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September 17, 2023, 07:16:46 PM
 #32

What BitQuant is saying is that before the next halving, bitcoin will reach all-time-high but it will not be the all-time-high before a massive bear market will begin again. That bitcoin will later still increase up to $250000 after halving, which would be the all-time-high.

What a speculative statement that looks too good to be true or considered. Bitcoin attaining a new all time-high before halving and then beats the ATH to another one after halving. This has never happened before so I doubt it is going to be possible. The market always follows a trend, and the trend is that, a new all time-high always come after the halving. They could be a first time to everything, but this one, I just don’t feel like it’s going to happen.

Quote
I know some of you people will agree that bitcoin may reach $250000. What about bitcoin to reach all-time-high before halving? As for me, I do not think so and the all-time-high I am predicting is $170000.

All time-high before halving is also unbelievable for me and I will not even have a second thought of considering it happening to avoid broken heart. $170000 is also a good price that can be considered for bitcoin to reach in its next halving, until there’s a market change that will trigger that, we will be hoping to see it get as high as that. Doubling the current all time-high.

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September 17, 2023, 07:28:39 PM
 #33

No, #Bitcoin is not going to top before the halving.
Yes, it's going to reach a new all-time high before the halving.
No, #BTC is not going to $160K because the magnitude of every pullback is large. This means it will peak after the halving, in 2024. And yes, the target price is around $250K.

What BitQuant is saying is that before the next halving, bitcoin will reach all-time-high but it will not be the all-time-high before a massive bear market will begin again. That bitcoin will later still increase up to $250000 after halving, which would be the all-time-high.

I know some of you people will agree that bitcoin may reach $250000. What about bitcoin to reach an all-time high before halving? As for me, I do not think so and the all-time-high I am predicting is $170000.
Looking at where the price is sitting right now, the obstacles that the price will face on the road precisely resistance and maybe possible ugly news, and taking into consideration the months left before the main event" Halving", I doubt that Bitcoin will reach the previous ATH pre-halving but likely we will get somewhere closer to the ATH, maybe $50k.

Their $250k price prediction is 3× plus from before ATH,  we may see a price close to it imo.

R


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Asuspawer09
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September 17, 2023, 10:15:09 PM
 #34

No, #Bitcoin is not going to top before the halving.
Yes, it's going to reach a new all-time high before the halving.
No, #BTC is not going to $160K because the magnitude of every pullback is large. This means it will peak after the halving, in 2024. And yes, the target price is around $250K.

What BitQuant is saying is that before the next halving, bitcoin will reach all-time-high but it will not be the all-time-high before a massive bear market will begin again. That bitcoin will later still increase up to $250000 after halving, which would be the all-time-high.

I know some of you people will agree that bitcoin may reach $250000. What about bitcoin to reach all-time-high before halving? As for me, I do not think so and the all-time-high I am predicting is $170000.

For sure just based on the Bitcoin timeline it will not reach its all-time high before the halving most of the time there will probably be a pump at some point before halving it is probably because people wanted to invest because of the Bitcoin halving event but it is going to happen probably months before the halving, but on the halving day there was mostly no big movement on the market, But after the halving most of the time it is already going to start to gain its momentum and probably after 365 days somewhere around that we are going to reach the all-time high at some point which is probably gonna surpass 100k$.

This is just based on the Bitcoin halving timeline sure it is still not accurate since we cant really predict the market price of bitcoin at any given time, there are just a lot of factors affecting the market price so something could just come up and destroy the past timeline where we get the analysis. The price is just depending on supply and demand so it's still a risky investment. But the important thing is it's going to happen soon so just keep on HODLing your investment.

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September 17, 2023, 11:48:17 PM
 #35

Far too rushed, I think its unlikely.  If we remember what happened last halving, events took an unexpected turn downwards.  Even after a recovery the progress was slow and BTC price action was not bullish at all.  People like to presume but its not happened yet, theres no indication of this trend but there is the presumption that an event which has greatly declined in importance on every iteration will this time be like a rocket ship and alter our trajectory beyond any normal expectation.
    I think stair steps higher is far more likely and you can see a proper bullish trend being built before, during it happening its far more confident and widely seen then out of a nowhere rise; a really good trend is confirmed by every time zone and ideally country along the way never just a few.

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September 18, 2023, 12:31:57 AM
 #36

I can see 45-55k in late march 2024. and 250k in fall of 2025

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September 18, 2023, 06:53:42 AM
 #37

Impossible to predict. Predictions based on 1 parameter (halving) and ignoring the entire complexity of the world are ridiculous.

It's just like that but all predictions are spent on models that ignore what will happen in the world, obviously because it cannot be known in advance.

So all these predictions and models are nothing more than a virus that harms everyone who comes across it (in particular the models presented by BitQuant - with N=0 (N - number of pattern repetitions). They do not convey any real value and only deceive investors. Research shows that a person exposed to "expert opinion" is willing to take much greater risks. So it's safe to say that BitQuant is harming its followers, and probably most of them are people addicted to "hopium". Invested more than they can loose and desperate for hope. Some chart, some formula that will pull them out from under the water and turn a big loss into a profit.

What amuses me the most is that there are thousands of such model specialists. Mathematically, there is no way all of them would miss. So someone hits a grain like a blind hen and suddenly becomes an internet guru - a god with a crystal ball XD "this is the one, who predicted the bottom"
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September 18, 2023, 10:35:18 AM
 #38

I also don't think so, it is unlikely that we will see Bitcoin at all-time highs before halving.

This has not happened before, and I do not think it will happen now. According to Bitcoin’s historical cycles, the ATH is always after the halving and not before it. I don't know where BitQuant got this analysis from but it's unlikely.

Although I say that it does not necessarily happen what is expected, it often happens that the opposite of the majority’s expectations occurs, when everyone expects a rise, there is a fall and the opposite is also true, but in the end we have become very close to halving. Let us wait and see.

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September 18, 2023, 12:42:50 PM
 #39

As much as BitQuant might try to be a great sales man with all these tactics to try pursued people into buying of bitcoin, unfortunately bitcoin isn't has speculative as it was back in the day, and you can clearly see that current markets aren't as volatile as they were either...but to get to a new all time high some catalyst or stimuli has to be present and I see the BTC ETF just what we need to push price there as this one will bring in big money and demand & anybody not buying these discounted coins should be ready to buy at a premium in the near future.

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September 18, 2023, 03:45:42 PM
 #40

All these predictions without any proper technical analysis is useless. Yes we know that Bitcoins are approaching towards something big. But quoting a number out of nowhere doesn’t make any sense. We know Bitcoins follow a 4 year cycle in order to reach its new ATH price. 2024 is the 4th year and many have high expectations from it. So don’t waste time on predicting exact numbers. Buy and accumulate the coins in this low price and enjoy profits when new ATH is reached.
I agree with you on the fact that,  it is inappropriate to allocate any number to the price we perceived Bitcoin to reach before the March-April Bitcoin halving,  and for that what we can do is to speculate the price based on our assumptions of the fact that bitcoin have the possibility of reaching an amount that is beyond what we currently speculate.

At most we can say that Bitcoin could possibly break,  a level that may be higher than the last all time high price before the halving,  but certainly not making another all time high price before the next halving,  highest we can have is to come close to that amount of last ATH benchmark.
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