teamsherry
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February 24, 2024, 08:08:13 PM |
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It's quite possible, any thign could trigger this at this point, bitcoin now has more entry channel for new investors since this new ETF approval, we are speculating a new ATH this year, no one really knows when it would happen, the major thign is the bull run has already started, all we need is more investors to fuel its growth, many new investors that were skeptical about bitcoin are investing now, some watchers has also made up their mind to come in, I think we should keep our eyes at after the halving not before.
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Falconer
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February 24, 2024, 08:14:04 PM |
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A new ATH from this position is very much on the cards. Institutional demand is increasing, and the recent rally is proof. The possibility of BTC touching $69k can not be ruled out. If the current trends continue, the chances of reaching ATH are high. The global economic recession might become a limiting factor. I'm skeptical about a new ATH before the halving, it's never happened in history. Of course no one knows whether the same history will always repeat itself, but the probability of getting a new ATH before the halving does not seem very high. You could say institutional bought a lot, whales collected a lot, but regarding the new ATH, it's a bit difficult. In my opinion, a new ATH is more likely to be achieved after the halving. We know it's hard to predict exactly when, but we have 15 to 18 months after the halving to see something big called a bull cycle.
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Hamphser
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Vave.com - Crypto Casino
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February 24, 2024, 08:26:49 PM |
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A new ATH from this position is very much on the cards. Institutional demand is increasing, and the recent rally is proof. The possibility of BTC touching $69k can not be ruled out. If the current trends continue, the chances of reaching ATH are high. The global economic recession might become a limiting factor. I'm skeptical about a new ATH before the halving, it's never happened in history. Of course no one knows whether the same history will always repeat itself, but the probability of getting a new ATH before the halving does not seem very high. You could say institutional bought a lot, whales collected a lot, but regarding the new ATH, it's a bit difficult. In my opinion, a new ATH is more likely to be achieved after the halving. We know it's hard to predict exactly when, but we have 15 to 18 months after the halving to see something big called a bull cycle. This hasn't happened before if we do tend to look up into those previous cycles that breaking ATH would be usually happening on after halving and not before on which it would really be that a common thing but doesnt mean that it wont really be happening as of this cycle but seeing on the days left before halving happens then i dont see anytime soon on touching up those numbers. It would really be still a bumpy ride on which you would really be needing to take. You cant really just that make yourself be confident that we would be reaching out these numbers soon because we've been able to see that numbers a climbing on fast but doesnt mean that it would continue until into those digits which its really that unlikely.
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bettercrypto
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February 24, 2024, 10:49:09 PM |
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Ever since its creation, Bitcoin's ATH is reached after the halving, more than a year after the halving to be more precise. There have been three halvings so far. This kind of pattern is true to all of them.
But I'm becoming curious this time around. The price has already reached $52,000 and we are still 2 months away from the halving. Bitcoin's ATH was reached on November 10, 2021. 2 months prior to that, the price was only around $46,000. From $52,000, it only took a month for Bitcoin to reach an ATH of $69,000.
Now, my question is: is it a possibility that this upcoming halving is unique in that a new ATH is reached before it? We still have a lot of time left. With the demand beating the supply, $69,000 is not far away from the current price.
No one can give an accurate answer to your question because you know that the market is very unpredictable. The only correct answer that I can see is that it can happen to be exceeded, and it can also not happen. Maybe it depends on what happens. Although everyone knows that bitcoin will really surpass the ATH that ended before at 69k$, the date when it will happen is unknown. Perhaps instead of thinking about such things, it is better that, as long as we have time to save, let's just do it so that we have holdings that can be sold on the day that Bitcoin and cryptocurrencies rally in the market.
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erep
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February 24, 2024, 10:54:32 PM Last edit: February 24, 2024, 11:18:33 PM by erep |
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No one can give an accurate answer to your question because you know that the market is very unpredictable. The only correct answer that I can see is that it can happen to be exceeded, and it can also not happen. Maybe it depends on what happens. Although everyone knows that bitcoin will really surpass the ATH that ended before at 69k$, the date when it will happen is unknown.
Perhaps instead of thinking about such things, it is better that, as long as we have time to save, let's just do it so that we have holdings that can be sold on the day that Bitcoin and cryptocurrencies rally in the market.
We will never know when the ATH will be reached but I believe the market is in the process of approaching the ATH target, the market needs time for the process of creating a significant upward pattern to reach the ATH after the halving. I also agree with you, that market fluctuations cannot be predicted, but I am sure the market will reach ATH this year, possibly high after the halving. After conducting a market review, it is possible that predictions can change at any time depending on market signals and crypto-related news, but if the market can pass the $60k level, it is possible that the market will reach ATH faster than our expectations.
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tygeade
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February 25, 2024, 05:19:52 AM |
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The mid of this year is on June 2024. The estimated time of halving is on April. It's far from the mid although I understand that it's just for the sake of article. But it's best for these article to check first what they say and better say that it's gonna happen on Q2. It’s possible to see the new ATH before the halving and we still have enough time to reach it
Almost 2 months but I don't think we'll see that but yes, it's possible but I don't want to hope on it that much. That's the exact date, I think you need to see that this halving is different and I'm pretty sure before the halving the last ATH price will be the main target before the halving, and I can't predict the bitcoin price after the halving because as we know that the halving in this cycle has a different phenomenon, the world's major financial institutions that hate bitcoin are now walking with bitcoin, It will increase the wave of adoption of the market, as well as the crypto market is expanding and interconnected with the real world will increasingly occur, some of the technological developments available will be directly related and produce a solid ecosystem for the community to feel, so bitcoin will become a valuable asset in the world of cryptocurrency. So for me personally the previous ATH will easily be reached by bitcoin before the halving moment in the current cycle. I do agree that we are not going to know "exactly" what the price will be but we know that it is going to be a good amount, that's just how it is going to be. I understand that we are going to end up with much higher prices, but no idea how much higher. If someone tells me we will be higher than the previous ATH then I say of course, but if someone tells me we will be 100k or 200k or 300k, all of them looks similarly possible to me and I can't make a decision. I do aim at 200k, that would be quite good for me and I would probably get out by that point and wait for it to drop again to get back in, but I can't really say if that will happen or not. One thing I am sure is that it will go up a lot, rest is unknown to me.
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kotajikikox
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February 25, 2024, 05:23:19 AM |
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A new ATH from this position is very much on the cards. Institutional demand is increasing, and the recent rally is proof. The possibility of BTC touching $69k can not be ruled out. If the current trends continue, the chances of reaching ATH are high. The global economic recession might become a limiting factor.
but will this be happen in this year alone ? because I don't think that there are even chances of 60k being hit sooner as we have 2 months to wait and see how it goes and are we truly believing and needing this to happen? when the normal effect of halving mostly brings ATH in bitcoin but that is more than a year after that halving is said to happen.
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IvugeoEvolutionCoin
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February 25, 2024, 02:21:36 PM |
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A new ATH from this position is very much on the cards. Institutional demand is increasing, and the recent rally is proof. The possibility of BTC touching $69k can not be ruled out. If the current trends continue, the chances of reaching ATH are high. The global economic recession might become a limiting factor.
but will this be happen in this year alone ? because I don't think that there are even chances of 60k being hit sooner as we have 2 months to wait and see how it goes and are we truly believing and needing this to happen? when the normal effect of halving mostly brings ATH in bitcoin but that is more than a year after that halving is said to happen. Bitcoin price is likely to reach 60k$ very soon. Those who have invested in Bitcoin are now waiting for the price of Bitcoin to pump. There are some people who are waiting for dumping to buy Bitcoin. Those who are waiting for dumping may invest more in Bitcoin. Can't do it Bitcoin market is starting to pump day by day.
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fullhdpixel
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February 25, 2024, 06:00:33 PM |
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This is not only the first time bitcoin has made a new ATH before the halving. It is forecast to hit a record high for bitcoin. With the increase in the price of bitcoin many investors are joining the market and the demand for bitcoin is increasing which is the new way to increase the success. Bitcoin's price movement goes up and down in this way. The future will be better just have to wait longer.
Yep, the basic rule is to wait and be patient and don't panic when there are corrections and dips no matter how deep they seem to get, they are still temporary and your eyes should stay on your target and they shouldn't get distracted by these things. What it all means is that when you have invested in Bitcoin, think of the long-term outcome of your investment instead of looking at the market and then your portfolio now and then and then getting worried if you see a drop in the value of your investment. These things will just keep bothering you more if you focus on them. Some people say that you should make your investment and forget about it, by forgetting it doesn't mean you should literally forget it, but it means that you shouldn't keep looking at it because that might just keep you restless.
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nurilham
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February 25, 2024, 08:44:19 PM |
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but will this be happen in this year alone ? because I don't think that there are even chances of 60k being hit sooner as we have 2 months to wait and see how it goes and are we truly believing and needing this to happen? when the normal effect of halving mostly brings ATH in bitcoin but that is more than a year after that halving is said to happen.
The new ATH should be achieved this year, but I'm not sure if it can be reached before the Bitcoin halving. It is less than 2 months before the Bitcoin halving happens, Bitcoin price looks not growing very quickly again. I see the Bitcoin price looks more stable in the last few weeks. I think $69k can be achieved during the halving of few months after the halving. It seems the chance to have a new ATH before the halving is rather small. Bitcoin price is likely to reach 60k$ very soon. Those who have invested in Bitcoin are now waiting for the price of Bitcoin to pump. There are some people who are waiting for dumping to buy Bitcoin. Those who are waiting for dumping may invest more in Bitcoin. Can't do it Bitcoin market is starting to pump day by day.
I don't know whether we will see $60k very soon, but it should be crossed $55k in the next few weeks. However, it still depends on the market condition and the news about crypto. If we have no FUDs and there is good news, we may cross $55k very soon. I just think that $60k will be achieved in the early of April.
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rodskee
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yahoo62278
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February 26, 2024, 01:18:36 AM |
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The next halving is slated to happen in mid-2024
The mid of this year is on June 2024. The estimated time of halving is on April. It's far from the mid although I understand that it's just for the sake of article. But it's best for these article to check first what they say and better say that it's gonna happen on Q2. As we knew articles are never have been accurate they are just giving estimate time or value so they will not be blamed if ever the situation did not come what they wanted to impose but given that it has been said we are the one who need to understand and take care of our assets and investments because those writers cares nothing about us but purely for their views and at least favoring them in all aspects.
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virasog
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Leading Crypto Sports Betting & Casino Platform
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February 26, 2024, 02:02:00 AM |
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A new ATH from this position is very much on the cards. Institutional demand is increasing, and the recent rally is proof. The possibility of BTC touching $69k can not be ruled out. If the current trends continue, the chances of reaching ATH are high. The global economic recession might become a limiting factor.
The question is when we are going to hit the all time high, prior to halving or post halving? We are surely over the all time high but it is hard to predict the timing of this. Personally, i would not want Bitcoin to reach all the way to all time high without correction. If this happens, then believe me the bitcoin bull market target will be considerably low as compared to the scenario if bitcoin takes a 20 to 30% correction before taking over the all time high. The corrections are healthy for the markets and they reset a lot of counters which are hindrances for the price to move ahead, a lot ahead. I think that it is best interest of everyone that bitcoin breaks all time high after halving.
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GreatArkansas
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February 26, 2024, 02:11:20 AM |
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A new ATH from this position is very much on the cards. Institutional demand is increasing, and the recent rally is proof. The possibility of BTC touching $69k can not be ruled out. If the current trends continue, the chances of reaching ATH are high. The global economic recession might become a limiting factor. (....) In my opinion, a new ATH is more likely to be achieved after the halving. We know it's hard to predict exactly when, but we have 15 to 18 months after the halving to see something big called a bull cycle. For me, it was before the Bitcoin block halved. Well, we have different opinions, but if you check the previous Bitcoin block halvings, you will see how the price actions of Bitcoins performed well BEFORE Bitcoin block halvings. So for me, new all-time high before Bitcoin block halving is my target.
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FelixH
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February 26, 2024, 02:55:22 AM |
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I expect 60K USD before the halving.
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DanWalker
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February 26, 2024, 04:04:58 AM |
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A new ATH from this position is very much on the cards. Institutional demand is increasing, and the recent rally is proof. The possibility of BTC touching $69k can not be ruled out. If the current trends continue, the chances of reaching ATH are high. The global economic recession might become a limiting factor.
The question is when we are going to hit the all time high, prior to halving or post halving? We are surely over the all time high but it is hard to predict the timing of this. Personally, i would not want Bitcoin to reach all the way to all time high without correction. If this happens, then believe me the bitcoin bull market target will be considerably low as compared to the scenario if bitcoin takes a 20 to 30% correction before taking over the all time high. The corrections are healthy for the markets and they reset a lot of counters which are hindrances for the price to move ahead, a lot ahead. I think that it is best interest of everyone that bitcoin breaks all time high after halving. Yes, bitcoin will almost certainly reach a new ATH but what many people are concerned about is whether it comes sooner or later. Personally, I think we have had more than 2 years to accumulate bitcoin since bitcoin dropped to $15k until now. So those who believe in bitcoin, I think they have accumulated enough bitcoin for themselves in the last 2 years. Therefore, whether bitcoin reaches a new ATH before halving or after halving is not so important. Those who don't want the bull season to come early are mostly because they still want to accumulate more bitcoins, but for those who want the bull season to come early, they have everything ready, IMO.
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khiholangkang
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February 26, 2024, 12:22:06 PM |
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The mid of this year is on June 2024. The estimated time of halving is on April. It's far from the mid although I understand that it's just for the sake of article. But it's best for these article to check first what they say and better say that it's gonna happen on Q2. It’s possible to see the new ATH before the halving and we still have enough time to reach it
Almost 2 months but I don't think we'll see that but yes, it's possible but I don't want to hope on it that much. That's the exact date, I think you need to see that this halving is different and I'm pretty sure before the halving the last ATH price will be the main target before the halving, and I can't predict the bitcoin price after the halving because as we know that the halving in this cycle has a different phenomenon, the world's major financial institutions that hate bitcoin are now walking with bitcoin, It will increase the wave of adoption of the market, as well as the crypto market is expanding and interconnected with the real world will increasingly occur, some of the technological developments available will be directly related and produce a solid ecosystem for the community to feel, so bitcoin will become a valuable asset in the world of cryptocurrency. So for me personally the previous ATH will easily be reached by bitcoin before the halving moment in the current cycle. I do agree that we are not going to know "exactly" what the price will be but we know that it is going to be a good amount, that's just how it is going to be. I understand that we are going to end up with much higher prices, but no idea how much higher. If someone tells me we will be higher than the previous ATH then I say of course, but if someone tells me we will be 100k or 200k or 300k, all of them looks similarly possible to me and I can't make a decision. I do aim at 200k, that would be quite good for me and I would probably get out by that point and wait for it to drop again to get back in, but I can't really say if that will happen or not. One thing I am sure is that it will go up a lot, rest is unknown to me. I also do not deny that I myself cannot be certain that indeed the price of bitcoin cannot be determined by anyone, both before and after the halving, but the price push and market echoes are different which says that we are in the scope of a different cycle, and I can feel the world is now looking at bitcoin differently, a lot of people are licking their tongues again after mocking bitcoin. This is only limited to the belief of each with their own way of analyzing, we usually call it market speculation and maybe everyone has different elements to confirm it.
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Fundamentals Of (OP)
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February 27, 2024, 03:26:02 AM |
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A new ATH from this position is very much on the cards. Institutional demand is increasing, and the recent rally is proof. The possibility of BTC touching $69k can not be ruled out. If the current trends continue, the chances of reaching ATH are high. The global economic recession might become a limiting factor. (....) In my opinion, a new ATH is more likely to be achieved after the halving. We know it's hard to predict exactly when, but we have 15 to 18 months after the halving to see something big called a bull cycle. For me, it was before the Bitcoin block halved. Well, we have different opinions, but if you check the previous Bitcoin block halvings, you will see how the price actions of Bitcoins performed well BEFORE Bitcoin block halvings. So for me, new all-time high before Bitcoin block halving is my target. We are now even inching closer to the ATH. While writing this reply the price has already reached around $56,500. And it seems it will be rising further. The ATH is now getting nearer and nearer. It is like a race now between the halving and a new ATH. The halving will happen around the 19th of April. The ATH is just around $12,000 away. When I created this thread, it was still around $17,000 away. There are still almost 2 months left. In this race, the new ATH might win. I guess it will arrive earlier than the halving.
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ancafe
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February 27, 2024, 03:49:15 AM |
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I also do not deny that I myself cannot be certain that indeed the price of bitcoin cannot be determined by anyone, both before and after the halving, but the price push and market echoes are different which says that we are in the scope of a different cycle, and I can feel the world is now looking at bitcoin differently, a lot of people are licking their tongues again after mocking bitcoin.
This is only limited to the belief of each with their own way of analyzing, we usually call it market speculation and maybe everyone has different elements to confirm it.
Bitcoin continues to experience current price increases and maybe what we are waiting for starts to look so bright. Bitcoin has a different perspective from certain circles and an increasingly greater number of adoption makes trust in Bitcoin also improve because people begin to see something unique that can be given by Bitcoin for investment. Conversely people are open to study the story of Bitcoin and this is a good start after and before Halving occurs repeatedly for the current period. Speculation of the price and analysis of each person must be different, but as a reference we are in the condition of the ship that is wanting to go and where our position is now very dependent on how we treat Bitcoin before. Enjoy the increase and make a consistent purchase because that's the only way that can benefit us.
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khiholangkang
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February 27, 2024, 08:20:24 AM |
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I also do not deny that I myself cannot be certain that indeed the price of bitcoin cannot be determined by anyone, both before and after the halving, but the price push and market echoes are different which says that we are in the scope of a different cycle, and I can feel the world is now looking at bitcoin differently, a lot of people are licking their tongues again after mocking bitcoin.
This is only limited to the belief of each with their own way of analyzing, we usually call it market speculation and maybe everyone has different elements to confirm it.
Bitcoin continues to experience current price increases and maybe what we are waiting for starts to look so bright. Bitcoin has a different perspective from certain circles and an increasingly greater number of adoption makes trust in Bitcoin also improve because people begin to see something unique that can be given by Bitcoin for investment. Conversely people are open to study the story of Bitcoin and this is a good start after and before Halving occurs repeatedly for the current period. Speculation of the price and analysis of each person must be different, but as a reference we are in the condition of the ship that is wanting to go and where our position is now very dependent on how we treat Bitcoin before. Enjoy the increase and make a consistent purchase because that's the only way that can benefit us. Yes and the old ATH made in 2021 is getting closer, the price of bitcoin is now touching $5.5k and only a few levels away from reaching the price of $69k, most likely we will touch the new ATH if this increase continues before Halving, which shows that indeed in this cycle has a different situation from the market response, as you said that this cycle more people are learning bitcoin, and how they plan to invest in bitcoin. Today is enough to enjoy friends, bitcoin continues to increase and yes I think a lot of people are laughing and happy to see the increase in bitcoin today, it will open the eyes of others in seeing bitcoin, even the potential price of bitcoin to $ 30k is not visible.
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kro55
Sr. Member
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Playbet.io - Crypto Casino and Sportsbook
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February 27, 2024, 09:00:24 AM |
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A new ATH from this position is very much on the cards. Institutional demand is increasing, and the recent rally is proof. The possibility of BTC touching $69k can not be ruled out. If the current trends continue, the chances of reaching ATH are high. The global economic recession might become a limiting factor. (....) In my opinion, a new ATH is more likely to be achieved after the halving. We know it's hard to predict exactly when, but we have 15 to 18 months after the halving to see something big called a bull cycle. For me, it was before the Bitcoin block halved. Well, we have different opinions, but if you check the previous Bitcoin block halvings, you will see how the price actions of Bitcoins performed well BEFORE Bitcoin block halvings. So for me, new all-time high before Bitcoin block halving is my target. We are now even inching closer to the ATH. While writing this reply the price has already reached around $56,500. And it seems it will be rising further. The ATH is now getting nearer and nearer. It is like a race now between the halving and a new ATH. The halving will happen around the 19th of April. The ATH is just around $12,000 away. When I created this thread, it was still around $17,000 away. There are still almost 2 months left. In this race, the new ATH might win. I guess it will arrive earlier than the halving. Your scenario is still possible but if you check bitcoin's previous cycles you will see that there will be a major correction before the halving occurs. For example, in 2020, bitcoin recovered and reached $12k but then it dumped again and it was not until 2021 that bitcoin actually made a new ATH. But this year there is a difference so we can expect history to be changed. While many people don't like ETFs, there's no denying that their impact on bitcoin is huge. Inflows into the market through bitcoin ETFs are increasing by the day, so BTC breaking its ATH before the halving is also worth considering.
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