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Author Topic: A new ATH before halving. Is it possible?  (Read 1454 times)
Xcode7
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February 22, 2024, 05:59:26 AM
 #81

If Bitcoin could reach 58-60k before the next two weeks,  it will become obvious that we are set for the new price high and so we will have a different view and records for the future,  but not the first time that is happening.
For next two weeks seems still difficult for bitcoin reach to $58k to $60k after success raising up last several days and current bitcoin seems stuck for breaking out the new higher price. Always has possibility and not impossible bitcoin can raise higher price but its need more longer time waiting for than our expectation exactly any opportunity bitcoin new ATH before halving or not.
It seems difficult but that doesn't mean it's impossible, I always look at this from a positive side after seeing what has happened in recent times with Bitcoin price movements that are beyond many people's expectations so I think it is also possible to happen in the future.
So I speculate that seeing a new ATH before it halves is more likely.

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February 22, 2024, 06:42:50 AM
 #82

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.

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February 22, 2024, 07:02:53 AM
 #83

~
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.
I guess we can simply say that "History doesn't always repeat itself." then. Cheesy
Or maybe we can say that history might repeat it, but it isn't the same.

Bear market - 2 years of accumulation - bull market. This has been the cycle for Bitcoin for many years, and every time we see a halving event happen, its price increases at least 6 months after that. Now to answer that question, my answer is NO. Reaching a new ATH before it is kind of impossible for me because I don't see Bitcoin's price increasing by at least $17,000-$18,000 in 2 months.

Well, I believe that the acceptance of a Spot Bitcoin ETF increased the demand for Bitcoin, and since the weekly Bitcoin that's being minted didn't change, that might result in an increased price of Bitcoin, but moving that much in just a short amount of time. I don't know, but I'll be surprised if it will surpass its past ATH before the event even happens.

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February 22, 2024, 10:02:33 AM
 #84

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.
We saw the halving before where when the halving occurs a new ATH will be seen, as you mentioned yesterday's ATH $69,000, which has happened, I believe the ATH this time could reach $80k, that's a reasonable speculation for me, for $100k not halving this time, maybe in the future.

If you look at it, all crypto users around the world are curious about the halving this time, considering that for Bitcoin there are no real signs of certainty yet, but I remain optimistic that this time the new ATH halving will occur, we just have to wait for the day and date when Bitcoin will make all crypto users amazed.
That was during or after it but what he was asking here is before the event comes. Halving was rumoured to occur in April so we still have 1 month or more left and I think that's still a lot to see a ground-breaking changes in the price of BTC. $80k was still an impressive ATH and what is more impressive is if it will be reached before the halving time but how much more after that?

I think $100k is truly possible. We should not limit our selves for the possibilities of BTC especially if we are also investing on it. You guys don't want a nice profit? You want it right? So, be like me and others who are too optimistic. If there are curious here, they are only the new users, not the experienced one.

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February 22, 2024, 10:11:02 AM
 #85

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.
We already experiencing uniqueness in the market because looking at the chart in the past before halving season this month should be the start of dumping but yeah this is different now.
the market is still climbing little by little so maybe we will be seeing more increase , but to take new ATh seems to be not passing anytime soon.

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February 22, 2024, 11:11:34 AM
 #86

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.
Smart investors and those who are experienced in the crypto market and in investing in Bitcoin have entered the market long ago to buy Bitcoin as an addition to their own portfolio to achieve very high success when Bitcoin again prints an ATH through its price in the market. Because those who enter the market when Bitcoin prices are as high as they are now will not get more profits compared to investors who started buying Bitcoin when it was still at $30K last year.
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February 22, 2024, 12:04:25 PM
 #87

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.

As at the current time now, bitcoin is yet to reach its all time high, we can possibly see this before the halving and it may happen that we did not experience it before halving, we are as at this time around $50,000 to $52,000 and still have a kittle way to go in other to rally round the last and previous all time high of $69,000 while we should be getting ready gradually for the Bullrun to take place anytime  after halving.

R


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February 22, 2024, 07:46:43 PM
Merited by CryptSafe (3), uchegod-21 (2)
 #88

Smart investors and those who are experienced in the crypto market and in investing in Bitcoin have entered the market long ago to buy Bitcoin as an addition to their own portfolio to achieve very high success when Bitcoin again prints an ATH through its price in the market. Because those who enter the market when Bitcoin prices are as high as they are now will not get more profits compared to investors who started buying Bitcoin when it was still at $30K last year.

Smart investors have entered the market since but whales can still make more money then them because they have more money to buy more Bitcoin than the smart investors. A whale can use $1 Billion to buy Bitcoin at $50,000  and when he sells it at $100,000 he would had made an extra $1 Billion profits but the smart investors will be making small profits because they didn't buy a bigger amount of Bitcoin as they don't have the money to use therefore don't think that because some people haven't invested into the market yet that they won't make profits. We have different type of investors and they're investing as they think will make them more profits. Some individuals are only interested in Bitcoin when the price is high.

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February 22, 2024, 08:55:00 PM
 #89

Smart investors and those who are experienced in the crypto market and in investing in Bitcoin have entered the market long ago to buy Bitcoin as an addition to their own portfolio to achieve very high success when Bitcoin again prints an ATH through its price in the market. Because those who enter the market when Bitcoin prices are as high as they are now will not get more profits compared to investors who started buying Bitcoin when it was still at $30K last year.

Smart investors have entered the market since but whales can still make more money then them because they have more money to buy more Bitcoin than the smart investors. A whale can use $1 Billion to buy Bitcoin at $50,000  and when he sells it at $100,000 he would had made an extra $1 Billion profits but the smart investors will be making small profits because they didn't buy a bigger amount of Bitcoin as they don't have the money to use therefore don't think that because some people haven't invested into the market yet that they won't make profits. We have different type of investors and they're investing as they think will make them more profits. Some individuals are only interested in Bitcoin when the price is high.

It's a cycle for newbies, if they panic sell, then this big whales are going to buy if from them in a heart beat. Yes, we have been calling them smart investors as they really know how to play the game because they have big casinos.

Nevertheless, I think we can outsmart them, regular investors like the rest of us holds the key here. We shouldn't sell our Bitcoins and we should HODL on them as long as we can. If we are looking for a profit, the best way is to sell them at a higher price or at least time when we are on top in the bull run next year.

R


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February 22, 2024, 09:27:58 PM
 #90

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.

As at the current time now, bitcoin is yet to reach its all time high, we can possibly see this before the halving and it may happen that we did not experience it before halving, we are as at this time around $50,000 to $52,000 and still have a kittle way to go in other to rally round the last and previous all time high of $69,000 while we should be getting ready gradually for the Bullrun to take place anytime  after halving.
Everything is possible with bitcoin considering that its price nowadays does not drop significantly but stay on a $50k above resistance. Which I think a good thing for bitcoin community as there are bigger chances to reach  a new all time high before the said bitcoin halving. However, whether it reaches before or after halving, I don’t really put too much concerns on that. What I am more focused these days is to keep doing DCA as it’s the most effective way to gain massive profits when bull run finally comes.

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February 22, 2024, 11:59:59 PM
 #91

2 months until halving? no one knows when the halving will start. In essence, when the halving started the price of Bitcoin rose very quickly.
The 2017 ATH was 20k and the 2021 ATH $65k, that means it is possible that this year's halving will reach 3x the 2021 ATH. therefore, my prediction is that this year's HALVING the price of bitcoin will reach at least $150k.

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February 23, 2024, 06:51:12 AM
 #92

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.
Nothing is impossible because this asset is quite speculative and I actually see the ATH taking place more than we expected. But wait, that's just a prediction because there is no picture that can be explained properly, other than predictions or speculation about what will happen.

If we were able to see clearly the direction then we would have collected as many bitcoins as possible long ago. But now we are much more optimistic because a new ATH has occurred and will probably repeat itself until it approaches the price at the ATH four years earlier. Even the price of $69,000 is close and I think it will likely exceed that price.

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February 23, 2024, 10:09:34 AM
 #93

There is definitely an interesting growing for bitcoin that much is true, but that also doesn't mean that we are not going to get anything substantial neither. We need to make sure that we are not too late, but also not attacking it like it is the last day neither. Don't like go out and get some loan from a bank to buy bitcoin, that may not be good for you, with interest and how you need to pay every month, and that would make all of this terrible for you.

It would be smarter to invest into something with your own money, that would make it a lot easier to be able to hold it, if you need to end up selling then you will have trouble. I agree that the hype is real and we are looking at something growing, but we need to be careful.
As the simple saying goes, use money you can afford to lose because it will make things easier. Don't use savings for your living, borrowed money and money that is still needed for other purposes. The investment is to gain profits within a predetermined period of time, not to hold for life or only sell at a loss. We need to be careful in every step, in determining investments, carry out good management that has been taken into account. ATH will welcome us happily and provide the benefits we want.
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February 23, 2024, 10:15:40 AM
 #94

Smart investors have entered the market since but whales can still make more money then them because they have more money to buy more Bitcoin than the smart investors. A whale can use $1 Billion to buy Bitcoin at $50,000  and when he sells it at $100,000 he would had made an extra $1 Billion profits but the smart investors will be making small profits because they didn't buy a bigger amount of Bitcoin as they don't have the money to use therefore don't think that because some people haven't invested into the market yet that they won't make profits. We have different type of investors and they're investing as they think will make them more profits. Some individuals are only interested in Bitcoin when the price is high.

Some people who are only interested in Bitcoin when they see that the price of Bitcoin is high are people who will not get more profits through Bitcoin even though basically they also really like profits through Bitcoin. Because their courage is not balanced enough with their desires, for example when the price of Bitcoin is still quite low, they are not at all interested in Bitcoin and may even think that Bitcoin will not increase in the near future. But when they saw the price increase, they themselves immediately entered the market to buy it, while investors who had long believed in Bitcoin had long ago purchased Bitcoin in the market with the amount of ability they had.
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February 23, 2024, 09:02:58 PM
 #95

2 months until halving? no one knows when the halving will start. In essence, when the halving started the price of Bitcoin rose very quickly.
The 2017 ATH was 20k and the 2021 ATH $65k, that means it is possible that this year's halving will reach 3x the 2021 ATH. therefore, my prediction is that this year's HALVING the price of bitcoin will reach at least $150k.
This is also my prediction based on the previous effect of halving and as we can see now, Bitcoin is making a big move and that could be the indication of a great trend before the halving. It’s possible to see the new ATH before the halving and we still have enough time to reach it, it’s just a matter of time and a good hype, Bitcoin price this year will surely be big, do your best decisions now to hold more Bitcoin.

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February 23, 2024, 09:37:22 PM
 #96

2 months until halving? no one knows when the halving will start. In essence, when the halving started the price of Bitcoin rose very quickly.
The 2017 ATH was 20k and the 2021 ATH $65k, that means it is possible that this year's halving will reach 3x the 2021 ATH. therefore, my prediction is that this year's HALVING the price of bitcoin will reach at least $150k.
This is also my prediction based on the previous effect of halving and as we can see now, Bitcoin is making a big move and that could be the indication of a great trend before the halving. It’s possible to see the new ATH before the halving and we still have enough time to reach it, it’s just a matter of time and a good hype, Bitcoin price this year will surely be big, do your best decisions now to hold more Bitcoin.
So far we have seen significant price growth past $50k+ indicating the potential to reach an ATH increase before the halving, although the market price is currently experiencing a small correction but it does not rule out the possibility that it will drop below $50k before the bull market starts, I think if the price corrects can reach $45k then we have to increase our investment allocation higher in preparation for the bullish market before or after the halving, so the market prediction of reaching ATH is getting closer but we should not rush to invest at high market prices and we need to analyze what the highest correction price will be before the halving starts.

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February 23, 2024, 09:48:53 PM
 #97

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.

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.



 

 

 

 

 

 


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February 24, 2024, 05:08:12 AM
 #98

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.

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.

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February 24, 2024, 10:52:46 AM
 #99

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.
when was the last time that Bitcoin experience ATH before halving? will you please show us data? sorry but I missed that if there is one as for the past 2 halving in my experience are just dumping and never that ATh was broken until the 1 year effect take place so if there is one then i would be glad to hear from you.









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February 24, 2024, 01:09:24 PM
 #100

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.
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