A new ATH before halving. Is it possible?

[8rch7]

So far I also have the same belief regarding this possibility, it's just that we can't confirm it yet. Regarding possibilities, anything is possible and will happen because the crypto market is uncontrolled and does not have to be the same as what happened before. If a new ATH hit before the halving, then this will be a new history for bitcoin so predicting its price between cycles becomes increasingly difficult.

If I had the option, then I am more confident that a new ATH will occur after the halving. The price has crossed $52k and may continue to test new resistance above, but that is unlikely to happen if bitcoin demand ahead of the halving does not increase rapidly. Currently the demand for bitcoin has increased, but to match the previous price record we have to get more big investors in the market.

New ATH before halving? actually is strong possibility looking current bitcoin price hit to $52k, Bitcoin's current price position is not too far away from reaching the latest ATH where previously it was at $69k.
Seems more confident before halving arrive we get chance to see bitcoin hit the latest all time high price around $15K left or 30% raise up for bitcoin with new ATH.
In coinmarketcap count down, Bitcoin halving left 61 days and two months seems more enough time for bitcoin raise new ATH, strong possibility with demand and supply where many investor more prefer to hold their bitcoin waiting before halving then selling it right now but get losses opportunity when halving time coming bitcoin have been pump.

[1714802278]

1714802278

[$weetne$$]

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.

Everybody is being optimistic about the price of Bitcoin getting to the past highest price of Bitcoin before the halving day but all the optimistism will be forgotten if a correction happens. The correction won't be negative because it's the correction that'll actually start a motivating force for the price of Bitcoin to rise higher after the halving. I don't think we'll be seeing a new all time high before the halving. If that happens it would mean Bitcoin has broken its pattern and it'll be because of the introduction of Bitcoin ETF. There's more money coming into the market therefore anything is possible but lets just hope Bitcoin don't get a correction as if that happend the hope of many investors will be lost and selling pressure will start coming to the market to make the price of Bitcoin to dip further down.

[fzkto]

So far I also have the same belief regarding this possibility, it's just that we can't confirm it yet. Regarding possibilities, anything is possible and will happen because the crypto market is uncontrolled and does not have to be the same as what happened before. If a new ATH hit before the halving, then this will be a new history for bitcoin so predicting its price between cycles becomes increasingly difficult.

If I had the option, then I am more confident that a new ATH will occur after the halving. The price has crossed $52k and may continue to test new resistance above, but that is unlikely to happen if bitcoin demand ahead of the halving does not increase rapidly. Currently the demand for bitcoin has increased, but to match the previous price record we have to get more big investors in the market.

New ATH before halving? actually is strong possibility looking current bitcoin price hit to $52k, Bitcoin's current price position is not too far away from reaching the latest ATH where previously it was at $69k.
Seems more confident before halving arrive we get chance to see bitcoin hit the latest all time high price around $15K left or 30% raise up for bitcoin with new ATH.
In coinmarketcap count down, Bitcoin halving left 61 days and two months seems more enough time for bitcoin raise new ATH, strong possibility with demand and supply where many investor more prefer to hold their bitcoin waiting before halving then selling it right now but get losses opportunity when halving time coming bitcoin have been pump.

Things can change in a matter of days. As usual here you cannot be sure that a new ATH will happen before halving, even if there is a little bit of growth left now. Of course it would be very good if it happened, but I remember many people thought the same in 2020, but there was a collapse before halving. I hope this story doesn't happen again.

[pooya87]

For the time being it seems like another "battle" is going on between the bulls and the desperate bears who refuse to accept that the market trend has shifted and it is not in their favor. This is why we have sudden but small drops where they still try to push the price down and lose money doing so.

If the resistance continues like this, soon we can get rid of these bears going against the momentum and see bigger rises begin.

[freedomgo]

I'm always thinking of what if the next bull run cycle will be entirely different. I don't know how it is going to be different and unique but the possibility is there.

Estimated two months to go for the halving to come. Still a lot of things can happen and the same goes to post halving which OP said that likely after a year will make its ATH.

Although the uncertain part here is about when the ATH will be reached but with certainty, it is for sure going to make new round of ATH.

There’s always a possibility that history won’t repeat itself anymore and create a unique one, as everything is possible with a volatile market. However, just like we are expecting for bitcoin price to move upward consistently, there’s also high chances that it will suddenly undergo a roller coaster price movement and there’s no control with that.

In short, no one really holds what will be the future of bitcoin, but whatever it is, one thing will always be certain, it’s new ATH will come in time, we just have to be patiently waiting for it.

[nurilham]

I must admit that Bitcoin price growth looks quite fast lately. It even crossed $52k before the Bitcoin halving. If we consider how fast the price growth, it is not impossible to reach the new ATH very soon. But I think, we can't guarantee the price growth will be always the same every week or every month. There should be a correction after the price increase, there should be a dump after a pump. And it also possible to have a sideway. Considering these matters, Bitcoin price may grow a bit slow in a few weeks. Unless Bitcoin price can raise up above $60k in the next month, I think the new ATH ideally shouldn't be achieved before the Bitcoin halving. The current ATH is $69k, to cross $69k isn't very close if we consider the current price. There is a gap around $17k - $18k to be able to achieve a new ATH. It is quite large gap.

[GigaBit]

Bitcoin price increases largely due to halving. Every 4 years we see an ATH. Bitcoin's price is at its highest since 2021 and Halving is what's driving it. We can't say for sure but we can see it's ATH centered around Halving which is not unusual. As there are still 2 months left and if the price of Bitcoin continues to increase then from this position $51k to $71k is not too far. We can cross that position in two weeks. As ETFs are approved, I can expect ATH before the halving.

[Fundamentals Of]

For the time being it seems like another "battle" is going on between the bulls and the desperate bears who refuse to accept that the market trend has shifted and it is not in their favor. This is why we have sudden but small drops where they still try to push the price down and lose money doing so.

If the resistance continues like this, soon we can get rid of these bears going against the momentum and see bigger rises begin.

Yes, the price has generally been moving sideways for the past 5 days more or less. But this is nothing bothersome. In fact, this is probably the most of what the bears and those who prefer to take profit can do. Selling doesn't even result into a deep correction anymore. It could only halt the increase temporarily, causing the movement to go sideward.

This still looks bullish to me. Demand is continuously absorbing whatever amount the sellers are releasing into the market. The increase will resume anytime.

[EarnOnVictor]

-snip-
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.

This is a good observation and I've observed it myself with mixed possibilities. Well, this is an asset we are talking about, the market is always confusing and no one can certainly predict what will become of any market. Due to this, I advise that all the answers and suggestions you receive should just be taken as information, you can't be certain to believe that's what will happen in the Bitcoin market. For me, I believe that Bitcoin will not find it easy to hit the ATH of about $69,000 before halving, though the possibility of that happening keeps increasing daily. Nevertheless, we have barely a month and some weeks for Bitcoin to halve, I do not think that the asset will be able to move as high as that.

It has already moved so significantly in the few weeks of 2024 after a correction and I believe another correction could happen. What I do not believe is that it can be so expensive to that extent, nothing is currently so spectacular that will make it happen. It has enough of promising futures in the near future but more investors might be waiting until the halving, and not before it. This will always undermine the bullish movement of the coin till then. It will only try to buy, but it will retrace afterwards, and also buy again to make a retracement again. This will happen until the halving comes in place, after which it could be buying with better momentum.

[Dave1]

For the time being it seems like another "battle" is going on between the bulls and the desperate bears who refuse to accept that the market trend has shifted and it is not in their favor. This is why we have sudden but small drops where they still try to push the price down and lose money doing so.

If the resistance continues like this, soon we can get rid of these bears going against the momentum and see bigger rises begin.

Yes, the price has generally been moving sideways for the past 5 days more or less. But this is nothing bothersome. In fact, this is probably the most of what the bears and those who prefer to take profit can do. Selling doesn't even result into a deep correction anymore. It could only halt the increase temporarily, causing the movement to go sideward.

This still looks bullish to me. Demand is continuously absorbing whatever amount the sellers are releasing into the market. The increase will resume anytime.

I  think it's normal to see sideways, maybe the bulls have exhausted themselves when they reach $52k, but still its a huge jump already so they might be resting as this point. Also, we still have a lot for this month, we have 2 weeks to go and maybe at the end, $55k climb and it will go till next month.

So I wouldn't be shock that it's going to be possible to see new ATH before the halving. If that can be done, then definitely, there will also be a big ATH that will come next year and maybe every prediction will be correct, $100k minimum to as high as $180k.

[GxSTxV]

Bitcoin price increases largely due to halving. Every 4 years we see an ATH. Bitcoin's price is at its highest since 2021 and Halving is what's driving it. We can't say for sure but we can see it's ATH centered around Halving which is not unusual. As there are still 2 months left and if the price of Bitcoin continues to increase then from this position $51k to $71k is not too far. We can cross that position in two weeks. As ETFs are approved, I can expect ATH before the halving.

I like when you said it’s not for sure, because indeed it’s not something logical or should happen as a matter of time only, otherwise everybody can get rich from the market and invest everything they have into bitcoin, waiting for the halving and then selling all the bitcoin quantity they bought.
I like to see bitcoin price goes up to higher levels from here, I just hate those people on YouTube or media trying to get attention and trend themselves to be some gurus of crypto. We are all supporting bitcoin at this time and wishing to see a new higher level before halving. However, it took one week for bitcoin to go from below $48,000 to approximately $51,000 that is trading now, and what I mean is nothing comes that easy or quick but since most users believe in this, so why not?
less than two months before halving, I won’t say it will definitely happen and Bitcoin will jump higher than $70,000, from what we have seen earlier these weeks it’s surely not that hard to happen as well.

[Nrcewker]

I don’t think that will be possible. We will see the new ATH price after the halving only. Bitcoins don’t break his own history. It will again follow the same pattern, like last time it did. Hence, this current price fluctuations, will come to stable at some price point. I know 69k usd isn’t too far, but Bitcoins will now do price corrections and will struggle in this 50-60k range for some months. After the halving we will definitely see a new ATH price, and many are speculating that, the halving price will be more than 100k usd.

[Synchronice]

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.

This year is very different and Bitcoin ETFs probably played its role into developing a situation in a new and different direction. I was thinking that Bitcoin was reaching all time highs after halving but today, the price of bitcoin makes me think that we will more likely reach new ATH before halving if there is not any news that will cause panic in people.
At the moment price is 52,000 USD. For Bitcoin to reach all time high, it needs to increase by 35%. We have seen many times that Bitcoin can easily rise via 35% if there is a bullish momentum and if there is no any news that ruins the party (it can fall 35% as well in case of bad news).

[STT]

Gains already existing are impressive, to move further is pushing an elastic situation possibly triggering it to snap back and lose gains more then otherwise.   Its far more constructive for the market to confirm the price action already on the tape  then continually advance without saving its progress with consolidation and moderate selling for those who need to.

[michellee]

Even though a Bitcoin ATH has never occurred before the halving, it is still possible. We will not know if that really happens or whether it will remain as usual, where Bitcoin's ATH will occur after the halving. Many possibilities could happen, especially now that many people know Bitcoin.

If Bitcoin's ATH occurs before the halving, that would be good because there is a possibility that the price will continue to increase. Otherwise, after the halving, there will be a deep decline and remain there. But it seems difficult to reach $69k in one month even though the current price of Bitcoin has reached $52k.

Right now, we can only wait and prepare ourselves for the halving. I am also waiting for when Bitcoin's ATH will occur. Therefore, we still have time to accumulate Bitcoin again before the price really increases.

[fzkto]

Gains already existing are impressive, to move further is pushing an elastic situation possibly triggering it to snap back and lose gains more then otherwise.   Its far more constructive for the market to confirm the price action already on the tape  then continually advance without saving its progress with consolidation and moderate selling for those who need to.

I think the big funds bought the coins at the last bottom and now have a big profit. It turns out they have already made x3 in a year. And now these funds need to gradually sell their coins. I want to be wrong, but there is a reason why there was a good rise on etf news.

[Renampun]

...

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.

looking at bitcoin's price history in the last few months, the opportunity for bitcoin to make a new ATH before the halving is quite large, on the 14th or 15th feb when bitcoin broke $50k, it was an unexpected moment but several people had predicted that bitcoin would reach that price is this February.
The halving is only a few weeks away, if the Bitcoin ETF continues to run smoothly then it will be a smooth road for Bitcoin to reach a new ATH before the Halving (however, many analysts predict Bitcoin's ATH in the middle of 2025) let's wait and see!

[snipie]

I think the big funds bought the coins at the last bottom and now have a big profit. It turns out they have already made x3 in a year. And now these funds need to gradually sell their coins. I want to be wrong, but there is a reason why there was a good rise on etf news.

It is always hard to precisely tell why the prices of Bitcoin and the rest of cryptocurrencies are rising because there isn't a single factor but it is very complicated.
The ETF news might be a factor itself because certainly there is many new players in the field that joined recently but there is also the approaching halving that might gave a boost and of course big players that saw an opportunity of these events to boost a little the market...

Now to answer the OP question, I think it is a little bit hard to see a new ATH in the next month but few days before the halving, things might go messy and we could see it happening. I say 20% we might see that and I believe it will not last long if that happened before the price goes down for a while.

[Rasa nanas]

There is always a possibility but a unique halving like 2021 is difficult to repeat. What I mean by unique is that Bitcoin reaches ATH 2 times a year. I think the halving will not happen in a short time, and I am sure that looking at the current trend of Bitcoin price movements, Bitcoin will be able to penetrate the ATH even before the halving starts. meaning that after the halving begins the price of bitcoin will reach a point much higher than the 2021 ATH.

[beerlover]

This year is very different and Bitcoin ETFs probably played its role into developing a situation in a new and different direction. I was thinking that Bitcoin was reaching all time highs after halving but today, the price of bitcoin makes me think that we will more likely reach new ATH before halving if there is not any news that will cause panic in people.
At the moment price is 52,000 USD. For Bitcoin to reach all time high, it needs to increase by 35%. We have seen many times that Bitcoin can easily rise via 35% if there is a bullish momentum and if there is no any news that ruins the party (it can fall 35% as well in case of bad news).

I would say that not before halving, that looks like too quick, I understand the mindset about thinking it, because when it goes up a bit, people think "it could break above ATH if it keeps going up like this" but it doesn't keep going up like that all the time, it just doesn't happen. We end up with something that usually doesn't really benefit everyone, and that is why it's such an important job. We need to consider the fact that it is going to end up with getting a better result.

So all in all, we need to keep considering how could we get better, and that is usually not that easy. ATH will not happen before halving if you ask me, whatever up we had, we already had it and now we are going to wait for the right time to get growing again in the future.