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Author Topic: A new ATH before halving. Is it possible?  (Read 1454 times)
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March 01, 2024, 05:42:53 AM
 #141

All time high What happened before Bitcoin's halving is completely clear. Bitcoin halving happened in 2021 when the price of Bitcoin reached 69 thousand dollars. The number of times Bitcoin halving has occurred so far is the moment before Bitcoin's price in ATH. Currently, in 2024, the value of Bitcoin is 57 thousand dollars. Bitcoin halving is only 53 days away this year. I think Bitcoin price will cross $10000000 or maybe a little less in these few days.
The way Bitcoin prices were rising in late February looked like Bitcoin might be hitting $100k very soon. However the price of Bitcoin is currently slightly down. With the rocketing price of Bitcoin it seemed that Bitcoin would break the old ATH record and set a new ATH record. But before that happens in the market the price of Bitcoin has decreased now we are all waiting for Bitcoin Halving. We can all predict the Bitcoin halving followed by a rise in the price of Bitcoin creating new ATH and the price of Bitcoin surpassing the all-time high of $100k.

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March 01, 2024, 05:59:07 AM
 #142

I'd still like to believe that it's not going to happen but when it comes to possible, I do think so it's possible, bitcoin has been doing a lot of surprising things for a really long time and it shouldn't be a surprise to us that it will go to another ATH before the halving although this is a first that it will do this I think. I do hope that it does happen though because that would mean that there's bound to be another ATH that will definitely show after the halving and there's also the possibility that bitcoin will get a price dump after reaching that ATH, definitely a lot of retail and institutional investors are going to take profit, especially those diamond hands retail investors that have hodling since the bottom, they're definitely going to sell when a new ATH shows, some will ride it out a little but they're all definitely selling at some point and at a really short span of time.



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March 01, 2024, 07:02:28 AM
 #143

I'd still like to believe that it's not going to happen but when it comes to possible, I do think so it's possible, bitcoin has been doing a lot of surprising things for a really long time and it shouldn't be a surprise to us that it will go to another ATH before the halving although this is a first that it will do this I think. I do hope that it does happen though because that would mean that there's bound to be another ATH that will definitely show after the halving and there's also the possibility that bitcoin will get a price dump after reaching that ATH, definitely a lot of retail and institutional investors are going to take profit, especially those diamond hands retail investors that have hodling since the bottom, they're definitely going to sell when a new ATH shows, some will ride it out a little but they're all definitely selling at some point and at a really short span of time.
Everything seems possible for bitcoin due to its high volatility. I can see that the current price will probably rise even more and might break records of the last ATH even before bitcoin halving comes. But let’s be clear that what we have right now are just speculations. We can’t still be certain how will the next days for bitcoin will perform but rest assured there will always be price correction every after market price surging, and that btc price will always recover from having price dump.

Now, people will obviously sell if the new ATH will be instantly reached. But that won’t be a problem knowing they’ll eventually buy back again when the price shows signs of price decline.

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March 02, 2024, 05:07:04 AM
 #144

I feel 80K before having is very well possible
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March 03, 2024, 03:06:09 PM
 #145

It is expected to be in 46 or so days, April 17, it could be a few days before or few days later if something goes different but I am sensing that it will be around those days. I am not expecting the price to go 17k+ higher and reach to a new ATH price within 45 days, that just doesn't feel like the possibility and it will probably not happen.

I think we should probably consider the change to be a little different, and for that to happen we are going to end up with a much smaller number by the. I think 65k would be ideal, I do not think that we are going to reach that level neither, but we could potentially reach to something that would be remotely close to that so we should be happy and excited about it if we can.

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March 03, 2024, 10:59:06 PM
Last edit: March 03, 2024, 11:14:36 PM by erep
 #146

It is expected to be in 46 or so days, April 17, it could be a few days before or few days later if something goes different but I am sensing that it will be around those days. I am not expecting the price to go 17k+ higher and reach to a new ATH price within 45 days, that just doesn't feel like the possibility and it will probably not happen.

I think we should probably consider the change to be a little different, and for that to happen we are going to end up with a much smaller number by the. I think 65k would be ideal, I do not think that we are going to reach that level neither, but we could potentially reach to something that would be remotely close to that so we should be happy and excited about it if we can.
The current price of bitcoin is almost $63k while the halving countdown is still very long with 44 days left, it is possible that the market can break the ATH before the halving even though the ATH prediction can actually occur after several months after the halving, the current market movement has a different pattern to the previous halving period and actually we expect a movement pattern like this to occur every time before the next halving.

The $65k prediction is very close to the current price so the market has a great chance of reaching that predicted price to approach the previous ATH, my prediction is that the market will close at $75k before the halving.

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March 03, 2024, 11:59:25 PM
 #147

I feel 80K before having is very well possible

The problem is these feelings, Im not critical of the positivity but real moves come for cold hard reasons not hype trains.   Hype crashes, it boils over like a pan left on the heat too long because its not stable its merely a function of the crowd which is always bipolar greedy and short sighted.  We quickly enter into dynamics which arent even about BTC anymore, it can be a negative easily.   Dont be disappointed if BTC did act boring this quarter or this whole year as this just helps us longer term from next year out to accumulate volume in prices in a better way involving the whole market interwoven with actual genuine growth, we are much stronger that way forwards.

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March 04, 2024, 12:15:42 AM
 #148

I feel 80K before having is very well possible

The problem is these feelings, Im not critical of the positivity but real moves come for cold hard reasons not hype trains.   Hype crashes, it boils over like a pan left on the heat too long because its not stable its merely a function of the crowd which is always bipolar greedy and short sighted.  We quickly enter into dynamics which arent even about BTC anymore, it can be a negative easily.   Dont be disappointed if BTC did act boring this quarter or this whole year as this just helps us longer term from next year out to accumulate volume in prices in a better way involving the whole market interwoven with actual genuine growth, we are much stronger that way forwards.
Well how can you say that if the market is volatile and everyone is jumping on the hype train? So what do you think will be the cold hard reasons for the price not to go on this route and try to reach a new all time high before the halving? It's hard not to think that everyone is jumping on board and FOMOing because of the block halving next month? Of course everything is possible, but once we get into the block halving, history shows us that this is the start of a bull run unless the whole market have shifted. But I doubt that, even if it went down crazy like 20%-30% as others have pointed out, still their is a bull run year and we can't deny it even if you believed otherwise or you are still very negative about it.

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March 04, 2024, 02:09:25 AM
 #149

It is expected to be in 46 or so days, April 17, it could be a few days before or few days later if something goes different but I am sensing that it will be around those days. I am not expecting the price to go 17k+ higher and reach to a new ATH price within 45 days, that just doesn't feel like the possibility and it will probably not happen.

I think we should probably consider the change to be a little different, and for that to happen we are going to end up with a much smaller number by the. I think 65k would be ideal, I do not think that we are going to reach that level neither, but we could potentially reach to something that would be remotely close to that so we should be happy and excited about it if we can.

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.

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March 04, 2024, 06:02:50 PM
 #150

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.
With 48 days left until the halving period is clearly still quite long and the current trend is increasing well, perhaps the first thing to do is to be able to surpass the last ATH, because this will be the moment for bitcoin to continue to move again for a sharp increase. It is not impossible This month $75K will be achieved, and could be before the halving period that your estimate is that $100K can be achieved too. There is always a possibility that it sees a very good move from bitcoin.

Maybe the question will be, what will happen after the halving? Will there be a correction or will it continue to increase, which is possible, but reaching the peak is still too long away.

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March 04, 2024, 07:22:03 PM
 #151

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.
Most of the predictions that were made before Halving have failed because none of us could have imagined that the market would take such an aggressive shape before Halving. Meanwhile, the market is very close to crossing the ATH. Any time we'll be able to see a new ATH, it will definitely happen before the halving. With the addition of ETFs to the market, there is going to be a major revolution in the crypto space. We will be able to see a major Bitcoin record within this year.
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March 06, 2024, 01:03:00 PM
 #152

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.

A lot of people were optimistic about the price hitting a new all-time high before the halving event but I'll be honest, I wasn't expecting this to happen that too this soon. The price has already touched $67k, and it was pretty quick because we were just around $62k a few hours ago and now it has gone up about $5k.
Seeing this speed, I can see that we will most probably go way above the previous all-time high before the halving event.
With the current speed, Bitcoin is going to go way above $100k in this bull run, but for that, it will have to stay safe from large corrections and dips. If market stays positive and investors keep investing, that is going to happen for sure.









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March 06, 2024, 02:28:28 PM
 #153

...

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.

it is very possible for us to touch ath before the halving, especially since the current price is not that far from ath. and this is supported by many holders who are currently accumulating more bitcoin which is pushing the price of bitcoin higher. and in particular, there is no negative sentiment from the market which makes people hesitate to enter the market. so these things really make it possible for bitcoin to be pushed up and touch its ath before the halving later.

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March 06, 2024, 03:02:51 PM
 #154

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.
The halving has not fully occurred because if calculated for the current year, currently the highest price has not yet shown an ATH. I see there is a possibility that we are in a correction phase before the full ATH arrives and although that is just an assumption which may not be relevant to current events. I also think that for the full ATH we will shift in the range of the next two months as you said because the highest price has already occurred two times this week.

We hope that the next ATH can be a multiple of the current highest price so that we can make big profits from the investment process we carried out previously. Now we need to wait for the moment that will happen, whether it will be corrected again or will it stay at the current price range for the next few months.

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 am optimistic that the full ATH will be above the $69,000 price range because if you look at the halving process it happened so quickly and the shift that occurred allowed Bitcoin to find its highest ATH again in the future. Although we cannot guarantee that this will happen accurately and in what month because the four year cycle is working properly.

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March 06, 2024, 05:21:48 PM
 #155

Finally, bitcoin expectations will reach a new ATH before the halving occurs after last day bitcoin drastically up raised to $69k, just bit awhile for bitcoin can stable on the new all time high before dumping more than 10% but today bitcoin have looks well to reach another new all time high price. Its not about possible or not but also OP need to review with his question on upcoming time before halving how much the new all time high price of bitcoin will raise?
The first decision of OP have been come true with bitcoin success break out and touched new all time high price, now lets pick some prediction with bitcoin potential raise how much new high price before halving will easily above $80k and huge expected with bitcoin raise to $100k before halving?

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March 06, 2024, 05:27:00 PM
 #156

While we did technically hit a new all time high, I don't really consider it that yet.  It was only at that price level for a matter of minutes.  We need a really concrete move above $70K to really show people that the new high is in and it's rally time.  I'm still worried that risk is to the downside in the immediate term, but hopefully retail can continue scooping up coins while we wait for the big boys at Blackrock and Microstrategy to bring in another wave of capital.  I still think $200K is in the cards for next year, but hope there aren't too many shake outs along the way.

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FinneysTrueVision
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March 07, 2024, 03:55:23 AM
 #157

Depending on what price chart you look at, Bitcoin may or may not have hit a new all time high this week.
https://decrypt.co/220321/bitcoin-all-time-high-whats-actual-record-price

It’s really ambiguous at this point. Even though the price crashed after it reached $69k, it quickly recovered. It still looks possible that it will reach a price high enough that everybody can agree is a new all time high before the halving.

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March 07, 2024, 05:23:03 AM
 #158

Yes it is possible, Bitcoin price reaches new ATH before Bitcoin halving. The Bitcoin halving is still over a month away, but in the meantime, Bitcoin prices have surged to hit new all-time highs that everyone expected. When the price of bitcoin was 35 thousand we could not imagine that the price of bitcoin might cross 50 thousand before bitcoin halving. However, after the approval of Bitcoin ETF, the price of Bitcoin reached a new high and since then the Bitcoin market has not looked back and has continued to grow.

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March 07, 2024, 05:57:44 AM
 #159

Yes it is possible, Bitcoin price reaches new ATH before Bitcoin halving. The Bitcoin halving is still over a month away, but in the meantime, Bitcoin prices have surged to hit new all-time highs that everyone expected. When the price of bitcoin was 35 thousand we could not imagine that the price of bitcoin might cross 50 thousand before bitcoin halving. However, after the approval of Bitcoin ETF, the price of Bitcoin reached a new high and since then the Bitcoin market has not looked back and has continued to grow.
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.









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March 07, 2024, 06:33:51 AM
 #160

Yes it is possible, Bitcoin price reaches new ATH before Bitcoin halving. The Bitcoin halving is still over a month away, but in the meantime, Bitcoin prices have surged to hit new all-time highs that everyone expected. When the price of bitcoin was 35 thousand we could not imagine that the price of bitcoin might cross 50 thousand before bitcoin halving. However, after the approval of Bitcoin ETF, the price of Bitcoin reached a new high and since then the Bitcoin market has not looked back and has continued to grow.
This is a form of proof of the effect of the Bitcoin ETF that has been approved so that it can encourage more rich people to enter the crypto market to buy Bitcoin and cause a huge price increase and no price correction has occurred so far. Previously, I didn't imagine that Bitcoin prices would be this high before the halving arrived, but this actually happened beyond many people's expectations. And if you look at the value of each country's currency, the price of Bitcoin has indeed reached a new ATH, but in terms of the USD currency value, Bitcoin still has to pass the $69K level this month to make a completely new ATH of all time.

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