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cryptomaniac_xxx
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February 11, 2024, 10:32:02 AM
 #61

I see many people who are not optimistic that Bitcoin will not reach a new ATH this year (2024) and think that a new ATH will be created in 2025, maybe you can say yes or no will happen, but if the potential to break through the ATH in 2021 this year it could happen this year, which I call the new ATH before the Last ATH that will be formed by bitcoin in 2025 in this cycle, I always feel that the last ATH breakthrough will happen this year then the correction and we will form a new ATH in 2025 of the whole cycle, with the growing popularity of bitcoin will certainly increase adoption in a sustainable manner with the development of bitcoin marketing carried out by companies that market their ETFs, thus also the company if they get more bitcoin demand then they also have to buy more bitcoin so that the value can be 1: 1 with its ETF product.


And that is because of the pattern that we have seen in the, although it could be different, but that is the one factors why we see that a new all time high will happen only in 2025 most likely in the last quarter. What might happen in 2024 is that we will obviously break our previous all time high of $69k. And then we have the full year in 2025 to see how big the bull run will be. Estimates is around $100k-$180k, this is just the speculation of the majority so it could be a hit or miss.

But remember though that the market is ever maturing now, maybe it could be less volatile that the previous bull runs, but still with it open 24x7 and then we have big institutions willing to pour their money on the market in the next couple of years, it could be that we will hit that 6 digits early 2025, in my opinion.

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February 11, 2024, 11:24:20 AM
 #62

Whatever happens you will be fine if you keep taking profits, many people are accumulating Bitcoin now, and that's the only thing they know how to right now, and nothing will prepared them for profit taking when Bitcoin grows higher, this is how many people loses out in every bull market.

Start planning your exit strategy right now, either a new ATH is achievable or not, you won't miss out completely if you have a profit taking strategy.

It's likely that Bitcoin will smash through 69k this time around as this is what my own tools are showing me, but even at the edge of breaking this old ATH I already have my plan to take profits at that point.

.
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EarnOnVictor
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February 11, 2024, 11:43:55 AM
 #63

Hi all, long time investor   what's everyones opinion on this bullrun .?... IMO will see a market top q4 2024
It is very difficult to predict where the bullrun top will be, from the past bull market experience, so much excitement is created in the market during the bullrun because fresh money enters the market, people keep buying bitcoins in the hope of profit, as a result of which the market continues to rise. So finding a definite top of the market is very difficult. Checking the history after Bitcoin halving gives an assumption that Bitcoin will enter a bull market, as we have seen in the past that the new Bitcoin ATH crosses quickly after Bitcoin halving. So I expect Bitcoin to perform well this year and cross the new ATH.
I also see Bitcoin moving upwards, this is the bullish season of the coin, and any bearish attempts we see are only for corrective purposes, the coin will later stabilise and move higher afterwards when the correction has completed. Just like what we are experiencing now. The coin has scared a lot of people in January and I heard people suggesting the $35,000 level as always even as they like to call round figures without even knowing the basis and what is happening in the market. Regardless of that, the breach of $40,243 and $43,606 have proved that the short-term bearish scope is over and the bullish movement is now reactivated.

This is even as the long-term bullish movement is about to be reactivated, but the market must breach above the peak of this year which is around $49,000. The market is approaching the level gradually and I know that very soon, it will breach it and will announce the reactivation of the overall bullish trend that will now be proceeding further for the all-time high of the coin which sits at around $69,000. A subsequent breach of that level will better excite the market and make it move higher, after which the $100,000 is no longer safe in the hand of the coin.

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February 11, 2024, 11:04:26 PM
 #64

IMO moving towards the halving price will go 60k before a correction back to 40k levels post halving ...... sideways for a month or so then a parabolic move upwards smashing previous ATH this year.......  start getting out of market Q1 of 2025 as it will start a downtrend.....
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February 11, 2024, 11:55:59 PM
 #65

Patterns hold until they don't. Recognizing patterns is nice, but without understanding why those patterns are there in the first place, you can't make accurate predictions. So far I haven't seen any decent explanation of why there's a cyclic pattern tied to halvenings and why it plays out similarly every time. It could very well be the case in this cycle that because something changed, things will be different this time. It could be because there's more institutional investors this tie, it could be that halvenings are not longer impactful because over 93% of the total supply has been mined already, it could even be that the pattern breaks because too many people recognized it.

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February 12, 2024, 12:37:25 AM
 #66

Hi all, long time investor   what's everyones opinion on this bullrun .?... IMO will see a market top q4 2024
It is very difficult to predict where the bullrun top will be, from the past bull market experience, so much excitement is created in the market during the bullrun because fresh money enters the market, people keep buying bitcoins in the hope of profit, as a result of which the market continues to rise. So finding a definite top of the market is very difficult. Checking the history after Bitcoin halving gives an assumption that Bitcoin will enter a bull market, as we have seen in the past that the new Bitcoin ATH crosses quickly after Bitcoin halving. So I expect Bitcoin to perform well this year and cross the new ATH.
I also see Bitcoin moving upwards, this is the bullish season of the coin, and any bearish attempts we see are only for corrective purposes, the coin will later stabilise and move higher afterwards when the correction has completed. Just like what we are experiencing now. The coin has scared a lot of people in January and I heard people suggesting the $35,000 level as always even as they like to call round figures without even knowing the basis and what is happening in the market. Regardless of that, the breach of $40,243 and $43,606 have proved that the short-term bearish scope is over and the bullish movement is now reactivated.

This is even as the long-term bullish movement is about to be reactivated, but the market must breach above the peak of this year which is around $49,000. The market is approaching the level gradually and I know that very soon, it will breach it and will announce the reactivation of the overall bullish trend that will now be proceeding further for the all-time high of the coin which sits at around $69,000. A subsequent breach of that level will better excite the market and make it move higher, after which the $100,000 is no longer safe in the hand of the coin.

it needs to pass 51k not 49k

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February 12, 2024, 01:13:10 AM
 #67

Whatever happens you will be fine if you keep taking profits, many people are accumulating Bitcoin now, and that's the only thing they know how to right now, and nothing will prepared them for profit taking when Bitcoin grows higher, this is how many people loses out in every bull market.

Start planning your exit strategy right now, either a new ATH is achievable or not, you won't miss out completely if you have a profit taking strategy.

It's likely that Bitcoin will smash through 69k this time around as this is what my own tools are showing me, but even at the edge of breaking this old ATH I already have my plan to take profits at that point.
i was quite pessimistic that it can reach its previous all time high after all $100k is high enough and previous bullrun was heavily motivated by many companies tries to integrate crypto into their product and also investing in it.
but after seeing that after ETF bitcoin got approved there are news that so many people are switching over to investment in bitcoin it kinda makes me sure that maybe bitcoin gonna outright hit all time high in the future.
this was quite positive news that prove that bitcoin as an investment is truly better if compared with the other maybe because the underlying fundamental that bitcoin have being utilized as global commodity thats so hot right now.
if this keeps up the market cap of bitcoin can only go up because the flow of investment increasing means the price also increasing.

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February 12, 2024, 06:42:22 AM
 #68

technically we already are in a bull market: after we reached the lowest point of the cycle (and I'm pretty sure we did) bull market starts. Right now it's the worst (and most risky) time to SELL Bitcoin and the best time to BUY Bitcoin. Any money you invest now will most likely double in the next 1.5-2 years. And it's going to be like this until 2025, cycle top and a new ATH.
Aren't there a lot of delays in the growth of Bitcoin's price at the moment which isn't what should happen during a bull run? This is the reason why I feel like we are not in the bull run yet but we are just very close to it at the moment. The last few days have been pretty good for Bitcoin, it has been showing positive movements after some time, and some altcoins have been following the movement as well even though some are still going sideways by now.

We will believe that we are in the bull run if we don't see many corrections and dips and if there are larger pumps in the market than regular dumps. Since that hasn't been the case lately, I don't thing we are technically in the bull run but it is yet to begin, with full force.

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February 12, 2024, 07:18:02 AM
 #69

The market top will still occur in 2025 if you look at previous cycles, but if you are confident then you can buy from now on.
However, if you are in doubt, you can wait until the right time to buy.

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February 13, 2024, 12:07:19 AM
 #70

My guess would be 2025 also, I think turbulence this year though a positive trajectory and the final swing that comes with a ATH would fit into some timeline around 2025.   Some people will expect the highest prices to occur about December, I remember we have a real nasty low in 2018 in December so maybe that month is magnetized in some way however I think further out personally.
  If we're talking the really big numbers not just a revisit of the old ATH and then back down, more time to develop and clear old volume of trades done during that prior ATH run up.  When the debris is cleared then you have the runway clear for takeoff in a proper manner, good momentum and unobstructed flight plan for the moon or however far you think we go.
   Today was a good close, 8 hours above where I had expected some resistance and it may yet hold up.  Could hold up as support we'll see how it develops into weekly closing bar.

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February 13, 2024, 04:00:09 AM
 #71

I am Satoshi.
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February 13, 2024, 07:46:37 AM
 #72

Hi all, long time investor   what's everyones opinion on this bullrun .?... IMO will see a market top q4 2024
It is very difficult to predict where the bullrun top will be, from the past bull market experience, so much excitement is created in the market during the bullrun because fresh money enters the market, people keep buying bitcoins in the hope of profit, as a result of which the market continues to rise. So finding a definite top of the market is very difficult. Checking the history after Bitcoin halving gives an assumption that Bitcoin will enter a bull market, as we have seen in the past that the new Bitcoin ATH crosses quickly after Bitcoin halving. So I expect Bitcoin to perform well this year and cross the new ATH.
I also see Bitcoin moving upwards, this is the bullish season of the coin, and any bearish attempts we see are only for corrective purposes, the coin will later stabilise and move higher afterwards when the correction has completed. Just like what we are experiencing now. The coin has scared a lot of people in January and I heard people suggesting the $35,000 level as always even as they like to call round figures without even knowing the basis and what is happening in the market. Regardless of that, the breach of $40,243 and $43,606 have proved that the short-term bearish scope is over and the bullish movement is now reactivated.

This is even as the long-term bullish movement is about to be reactivated, but the market must breach above the peak of this year which is around $49,000. The market is approaching the level gradually and I know that very soon, it will breach it and will announce the reactivation of the overall bullish trend that will now be proceeding further for the all-time high of the coin which sits at around $69,000. A subsequent breach of that level will better excite the market and make it move higher, after which the $100,000 is no longer safe in the hand of the coin.

it needs to pass 51k not 49k
Lol...As much as your opinion is highly appreciated, I think it is too short for it to hold water here. Well, I would love to read from you better on this, after all, we are all learning, I can learn from you as well. But with all my understanding of trading, we do not just call a price, we call important prices based on reasons, and if that price of yours is important, I like to know, and even why it is important. But for me, no matter what the market is doing, if it hits a certain level and has a significant correction or even a change of trend, that last level achieved becomes a significant price which becomes a valid support and resistance level.

And later, if the market is trying to move back towards the level, it has to move past that level in a comeback fashion and break also it before the continued action of that trend is possible. However, in the case of Bitcoin, the level was actually at $49,100+ (2024's AHT before yesterday's breach). That was the most significant level to call for the trend continuation from the overall reversal from about $15,500 after the years of bullish trend. That's how the market works, not just calling a random value, and even if your value is right based on your different analysis, it still does not stop the right principle of other people's market analysis that has been tested to be working for decades.

I'm waiting to read more from you about the $51,000 though...We learn daily and I'm always open to it.

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February 13, 2024, 05:50:22 PM
 #73

technically we already are in a bull market: after we reached the lowest point of the cycle (and I'm pretty sure we did) bull market starts. Right now it's the worst (and most risky) time to SELL Bitcoin and the best time to BUY Bitcoin. Any money you invest now will most likely double in the next 1.5-2 years. And it's going to be like this until 2025, cycle top and a new ATH.
Aren't there a lot of delays in the growth of Bitcoin's price at the moment which isn't what should happen during a bull run? This is the reason why I feel like we are not in the bull run yet but we are just very close to it at the moment. The last few days have been pretty good for Bitcoin, it has been showing positive movements after some time, and some altcoins have been following the movement as well even though some are still going sideways by now.

We will believe that we are in the bull run if we don't see many corrections and dips and if there are larger pumps in the market than regular dumps. Since that hasn't been the case lately, I don't thing we are technically in the bull run but it is yet to begin, with full force.

Well, it doesn't matter if the price is growing slowly or inconsistently, it's still a bull market. Bear market is when the price is going down, which is obviously not happening. Moreover, there may be periods in a bull market when the price is dropping, but again it doesn't matter we're in a bear market because of that.   
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February 13, 2024, 06:30:33 PM
 #74

Hi all, long time investor   what's everyones opinion on this bullrun .?... IMO will see a market top q4 2024
as you can see cryptocurrency is getting increase since February and it is obvious that the level of the increment of Bitcoin this time around it is shows that that will have emerged into a bullrun, so right now the price of Bitcoin is encouraging it hits fifty thousand [50k] and whosoever that I have Bitcoin or purchase a Bitcoin when the price of Bitcoin is at twenty-five thousand to forty-five thousand [25k/45k] will it be in good profit because of the increment of Bitcoin currently.

Secondly we have to understand that to make a profit in cryptocurrency is to goes to it long time investment so people who purchase a Bitcoin when the price was extremely low will it be of benefit as the price of Bitcoin get increase day by day and people who purchase 2 years ago is of profit as the price also accelerate to another point, so that is the advantages of Bitcoin long time investment.

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February 14, 2024, 12:30:49 AM
Merited by Agbe (5), Majestic-milf (2), SmartGold01 (2), Obim34 (2), promise444c5 (1)
 #75

The market top will still occur in 2025 if you look at previous cycles, but if you are confident then you can buy from now on.
However, if you are in doubt, you can wait until the right time to buy.

There is no exact right time to buy Bitcoin but some people think there's which is why they miss buying Bitcoin, you can buy Bitcoin and it continue to dump or you can buy and the price continue to rise. Anybody looking for the top of the bull market, it'll be happening in 2025 and not 2024. But you can still make profits if that's your interest and not interested in holding until bitcoin gets back to the all time high. Bitcoin is now trading above $50,000 and has only approximately $19,000 left to cross it's past all time high but it mightn't cross that price until later in 2025. $19,000 will be looking very small to take that long to pass the price but Bitcoin might fall and this is what history has for us. If Bitcoin falls, lets us not be panicking but seize the chances to accumulate more Bitcoin.

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March 09, 2024, 08:22:28 AM
 #76

The market is ahead of schedule if you pull back the lense, im changing my opinion and I am calling for a market top roughly a year from now Q1 2025

I bet my house on it....
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March 09, 2024, 03:17:17 PM
 #77

Coming to March 2024, we can see the current price of Bitcoin at $66,000. Bitcoin's bull market rally has already started and it appears that Bitcoin's ATH level is at an all-time high. Earlier, when the Bitcoin bull run started in 2021, the price of Bitcoin was the highest at $69,000. After a few months, the price of Bitcoin started to decline, and in 2022, its value dropped to $15,000. Now that the price of Bitcoin has been at $66k for a while now, Bitcoin is somewhat stable. Now let's see how much Bitcoin increases before its price halving. I personally think Bitcoin will cross $70,000 within a few days.

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March 16, 2024, 06:21:28 PM
 #78

Quote from: GreenStox
In my opinion, the first time BTC will reach a new ATH above 70k$ is in December this year.
and will continue to rise until 2025.
that is my opinion.
You can see that the price is going down gradually again which nobody know what will happen in next month because, anything can happen either the price of BTC hit $80k before it return back to bear run or the price will continue to decrease below $40k for people to use the opportunity to buy.

If you still have your BTC in your wallet right now, I will advise you to sell to cash out your money so that you will not regret when you see the price decrease to a level you cannot sell to make a good profits like those that sold early this month when the price hit $70k.

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March 16, 2024, 07:39:16 PM
 #79

You can see that the price is going down gradually again which nobody know what will happen in next month because, anything can happen either the price of BTC hit $80k before it return back to bear run or the price will continue to decrease below $40k for people to use the opportunity to buy.
Such an opportunity could again be open to everyone if Bitcoin really falls back to $40K, but for now I don't think Bitcoin will fall that deep again. So for those who still want to buy, I think they can also take advantage of the current price position rather than waiting for a deeper decline in conditions that are uncertain, although it also does not rule out the possibility of it happening.

Quote
If you still have your BTC in your wallet right now, I will advise you to sell to cash out your money so that you will not regret when you see the price decrease to a level you cannot sell to make a good profits like those that sold early this month when the price hit $70k.
Selling at this time is also not the wrong option for everyone, but not selling everything can also be a very good option, because so far Bitcoin holders have also felt how extraordinary profits can be seen in the amount of their own assets. However, it actually comes back to each person's choice because for people who still want to keep their Bitcoin it is also very good.

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March 16, 2024, 08:10:42 PM
 #80

The market is ahead of schedule if you pull back the lense, im changing my opinion and I am calling for a market top roughly a year from now Q1 2025

I bet my house on it....

If you're right with this the bull top is going to be above people's expectations. I wouldn't be surprised if it was $200K if it really extends into 2025.
What we're experiencing right now is large constant demand with small bullish corrections every week, so we're in a strong bull run with not much craze and overextensions. You can even see that buy how small the corrections are, meaning that we crash down 5% and that's all when historically we had 30% corrections in bull markets and that used to be normal. Now there's just too little leverage, too little FOMO and not many people get liquidated which is extremely bullish if you ask me. IMO we'll be seeing monthly attacks on the ATH followed by corrections for another 6 months or more. If it happens to be 10 or more months, like you're predicting, we might finally end with an overextended top at 3x today's price.

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