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Author Topic: A new ATH before halving. Is it possible?  (Read 1462 times)
Zigabel
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March 07, 2024, 04:36:12 PM
 #161

Bitcoin reaching a new all time high before the halving almost feels like a conservative estimate. In the past 46 days Bitcoin has gained almost 50% in value. If this bullish trend continues the price could even touch $100k in a best case scenario. I expect a pullback at some point, so I don’t expect that scenario to materialize. Bitcoin only needs to pump another 8% to reach a new record high. 46 days is plenty of time that I have confidence a new high will be reached.
$100k doesn't really look realistic before the halving but I think a new ATH probably within 70k is possible but then there will definitely be a correction before the halving and currently it beginning to look like the correction is even going on within Bitcoin because I'm the past days, Bitcoin after getting to $67k it has now fallen back to $64 - $65k but it's still looking like it may still go up again after which it may now do the proper correction during the halving, as traders a d investors let's watch out for all of these as they play out accordingly.

In as much as we are anticipating a new ATH, we should aswell watch out for the trends and not fall victims of FOMO so we don't end up loosing in a bid to profit especially when the proper correction begins on the chat. Projections of $100k by next year is very much possible and now is the best time to prepare for that time.

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March 07, 2024, 08:59:47 PM
 #162

$100k doesn't really look realistic before the halving but I think a new ATH probably within 70k is possible but then there will definitely be a correction before the halving and currently it beginning to look like the correction is even going on within Bitcoin because I'm the past days, Bitcoin after getting to $67k it has now fallen back to $64 - $65k but it's still looking like it may still go up again after which it may now do the proper correction during the halving, as traders a d investors let's watch out for all of these as they play out accordingly.
Agree. $100k is possible but it is probably happening after the halving. $70k is very realistic, we even already reached $69k yesterday.
We have a correction, Bitcoin price dropped to $59k after it reached $69k yesterday. If there is the next pump, I think Bitcoin should be crossed $70k. I even think it may reach $73k - $75k before we have a correction again. For the next dump, I agree that it may be above $60k, just hope it only drops to $64k - $65k.

Projections of $100k by next year is very much possible and now is the best time to prepare for that time.
Yep. $100k is very reasonable for the next year. I even think it can be reached at the end of this year (Q4). You are right, there is still a chance to collect more Bitcoin now.


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March 07, 2024, 10:34:32 PM
 #163

$100k doesn't really look realistic before the halving but I think a new ATH probably within 70k is possible but then there will definitely be a correction before the halving and currently it beginning to look like the correction is even going on within Bitcoin because I'm the past days, Bitcoin after getting to $67k it has now fallen back to $64 - $65k but it's still looking like it may still go up again after which it may now do the proper correction during the halving, as traders a d investors let's watch out for all of these as they play out accordingly.
With the pattern of move I saw with Bitcoin hit $50k-$69k lately, it was something dramatic because I wasn't expecting such a fast increase in the price of Bitcoin pre -halving to reclaim previous ATH. We haven't even seen something yet regarding price movement, until when Bitcoin officially makes a new all-time high and enters the zone of new price discovery, where we would likely have Bitcoin move $10k just in a single day, You would be even shocked in 2 weeks time to see Bitcoin at 100k level. In my opinion, I kind of think that this cycle, Bitcoin will reach $100k pre-halving then immediately after the halving, we will get a pullback maybe to 80k-70k before starting its major move to the up side.

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March 10, 2024, 01:35:56 AM
Last edit: March 11, 2024, 12:37:45 AM by lepbagong
 #164

While we have already see that new ATH yet there are big chance of hitting another one because we have just grow a little higher from the former ATH in which almost 1k usd though the former breaking of ATH is doubling or at least70%
but this one seems to be lower than what we expected(but of course this is a temporary ATH because the one that we are expecting is what will come in the next year or the effect of the halving that happens after 1 year.
Indeed, a new ATH has been created, but I agree that this is not the last, as you also said, it is only the beginning. You are right that the halving effect will occur a year later, or you could also say, the 4-year period will occur in 2025, judging from 2021. So it is still very long, the possibility that it will continue to increase will be very high because. But even before the halving period, it is already surprising.

I think that what will be achieved is to be able to get $100K as predicted in 2021 but After that did not happen, and I think this year we will achieve that. After that, it will provide a renewable ATH in early or mid 2025. We wait and buy and hold until the time comes.

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March 10, 2024, 04:39:20 AM
 #165

Well it did happen we did get a new all time high. And now price of Bitcoin is up more then 12 percent in just the last week.
I think we are going to see some big gains before the halving does happen. It is going to happen in 37 days but I think we are going to see some more gains before that day.

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March 10, 2024, 05:19:24 AM
 #166

In as much as we are anticipating a new ATH, we should aswell watch out for the trends and not fall victims of FOMO so we don't end up loosing in a bid to profit especially when the proper correction begins on the chat. Projections of $100k by next year is very much possible and now is the best time to prepare for that time.

A new ATH has already happened before Bitcoin Halving, the next price prediction should be, how high can Bitcoin go after the halving because that's when Bitcoin will be at its full potential, more investors will be coming after the halving is over as they'll be trying to buy Bitcoin in preparation for what is ahead that's going to be the bull market. This time Bitcoin is going to melt faces because of the price that it will reach isn't going to be expected by those that are doubting Bitcoin. Bitcoin has shown signs of what we should be expecting as it has already passed the previous highest price before the halving therefore we should be expecting more surprises. The price that we think will be the highest price that Bitcoin can reach during the bull market, might just be the starting point.

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