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Author Topic: Can we see BTC at ATH before the year ends?  (Read 1119 times)
Iamcrypticguy (OP)
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February 26, 2024, 05:20:29 PM
 #1

I've watched BTC go from 23k to 52800 currently and with reports stating BTC outflows from exchanges rising to 8months HIGH, do you think BTC will hit ATH this year?
https://coinmarketcap.com/community/articles/65db377c13c6094f48999ba4/
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February 26, 2024, 05:26:07 PM
 #2

do you think BTC will hit ATH this year?
No, I don't think that BTC will reach it's new ATH in this year but I think it can somehow cross its current ATH which to many people will be a new ATH. However, this bull run's best ATH won't happen in this year but in next year. After that ATH we may see another bear market.

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February 26, 2024, 05:52:41 PM
 #3

do you think BTC will hit ATH this year?
No, I don't think that BTC will reach it's new ATH in this year but I think it can somehow cross its current ATH which to many people will be a new ATH. However, this bull run's best ATH won't happen in this year but in next year. After that ATH we may see another bear market.
I actually agree with your opinion, because I have also the same opinion but Bitcoin's performance over the past month has made me question my own opinion. I didn't expect bitcoin to cross 50k so fast, I thought bitcoin would hover between 37k and 50k from somehow 2024 until the end of the halving season. But I was proven wrong today as Bitcoin touched an all-time high price more than a year ago.
If Bitcoin now crosses its current all-time high price, then Bitcoin will change its past history. And this may be because currently due to ETF approval the volume of Bitcoin has increased more than before and it is increasing day by day.

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February 26, 2024, 05:59:38 PM
 #4

I've watched BTC go from 23k to 52800 currently and with reports stating BTC outflows from exchanges rising to 8months HIGH, do you think BTC will hit ATH this year?
https://coinmarketcap.com/community/articles/65db377c13c6094f48999ba4/
Bitcoin price is increasing now very quickly so it can overtake the previous ATH at any time but i don't know when it will happen. Since Q1 of this year is just underway, there is still a long way to go before the end of this year, so Bitcoin price may make a new ATH within this year, but it is not guaranteed that this will happen.  It may happen within a month or it may take years.  Can anyone tell you with a guarantee when Bitcoin price will cross its ATH?  So if you have any plan to invest in Bitcoin it should be long term
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February 26, 2024, 06:07:33 PM
 #5

I've watched BTC go from 23k to 52800 currently and with reports stating BTC outflows from exchanges rising to 8months HIGH, do you think BTC will hit ATH this year?
https://coinmarketcap.com/community/articles/65db377c13c6094f48999ba4/
Every bull run has some unique experience or occurrence. This current bull run is surrounded by the process and final approval of the spot Bitcoin ETF in the US. It will be difficult predict the price of Bitcoin or when it will get to the next ATH but based on the Bitcoin cycle it might happen at the end of this year or early next year. The golden rule still is to have a long-term plan and invest what you can afford to live without.



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February 26, 2024, 06:08:27 PM
 #6

No, I don't think that BTC will reach it's new ATH in this year but I think it can somehow cross its current ATH which to many people will be a new ATH. However, this bull run's best ATH won't happen in this year but in next year. After that ATH we may see another bear market.

Bitcoin is all set to me to actually beat this current ATH because it’s not too far behind. Anything above $69k and we have set a new ATH which means the price to beat that is just $70k. With bitcoin already at $53k and around 20% to get there I think it will get there before the year ends. My assertion about this that bitcoin wouldn’t do a correction that could cause a heavy dip to the price for now and should the halving in the second quarter of the year then we can definitely see a raise of more than 20% the remaining two quarters of the year

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February 26, 2024, 06:13:29 PM
 #7

We will see fiat currency lows year after year, that's all I know for sure. they keep pumping the supply whereas Bitcoin can't do that

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February 26, 2024, 06:15:07 PM
 #8

do you think BTC will hit ATH this year?
No, I don't think that BTC will reach it's new ATH in this year but I think it can somehow cross its current ATH which to many people will be a new ATH.


What exactly are you saying contradicting yourself,

However, this bull run's best ATH won't happen in this year but in next year. After that ATH we may see another bear market.

IMO i think bitcoin would actually surpass its last ATH and hit about 100k which is a very good hit for this year and we know that the bull market is fuel by scarcity and new investors, which I'm sure one part is fully taken care of, even if not to the extent that it should, but with the ETF approval more investors are now more confident about investing in bitcoin and more big players are entering the stage with huge capital, front loading their investment with some millions. I think its quite clear now to everyone that bitcoin is a more reliable means to store value than fait, but most investors coming in might not be looking out to bitcoin for the empowerment it brings like full control over your asset and value without government regulation, decentralized p2p and all that, they all see bitcoin as a new means to invest and are just here for the  profits.

But if your holding you don't want to lose your bitcoin to new investors or big players, the value of bitcoin is clear to the world, you would need to tighten your hands more than ever.

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February 26, 2024, 06:20:26 PM
 #9

At this point I would be a little shocked if we don't see a new all time high by the 4th of July.  By this time next year we should be over $100K and still in accumulation mode on the way up.

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February 26, 2024, 06:37:57 PM
 #10

I've watched BTC go from 23k to 52800 currently and with reports stating BTC outflows from exchanges rising to 8months HIGH, do you think BTC will hit ATH this year?
https://coinmarketcap.com/community/articles/65db377c13c6094f48999ba4/

The All time high for this cycle is not possible by the end of the year I can assure you that, we can hit the previous all-time high, but for the cyclical all-time high you need to wait for the 2025's really.

Many analysts are predicting that 2025 will be going to be a more bullish year compared to 2024 because fo many fundamental and political changes are going to happen in 2024, I'm also bullish for 2025, and for the new ATH, we can neglect it. putting some more words on the speculation I'm expecting an ATH of 160k+ or almost 190k by the end of the cycle. IMO people are a little bit tired because of the current market consolidation and a little boring timeline because Bitcoin making massive gains in days due to ETF's hype, anyway the current market gains are natural and good for the market maturity. The new capital is flowing into the market and again now the trust is rasiing.

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February 26, 2024, 06:42:46 PM
 #11

Personally, I dont really think that we are going to see an all-time high this year, my bullrun prediction is next year to 2026, that is probably when we are going to see more than 100k$ in my opinion but for sure there are some chances that we might already break or right the all-time high next year, There was going to be a huge drop again in my opinion as we are getting near the Bitcoin Halving event I mean we could already see how the movement of the market is slowing down the upside trend cannot keep up anymore in my opinion, for sure there are still a lot of people that is going to be encouraged to invest or put their money on Bitcoin because the market price just continues to skyrocket but you might wanna think again about that.

Still, the market is just unpredictable, personally, I dont really expect for Bitcoin market price to skyrocket up to 50k$ but I guess the hype was just high already considering there are a lot of great Bitcoin news including the ETFs. For sure that could easily boost the movement in the market, still, I'm waiting for a huge correction or drop, in my opinion, it is still going to happen soon because the market is just on an uptrend in the past month we dont really see any correction yet, so probably a lot of investors and traders are already expecting this as a huge bubble.

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February 26, 2024, 06:49:36 PM
 #12

Personally, I dont really think that we are going to see an all-time high this year, my bullrun prediction is next year to 2026, that is probably when we are going to see more than 100k$ in my opinion but for sure there are some chances that we might already break or right the all-time high next year, There was going to be a huge drop again in my opinion as we are getting near the Bitcoin Halving event I mean we could already see how the movement of the market is slowing down the upside trend cannot keep up anymore in my opinion, for sure there are still a lot of people that is going to be encouraged to invest or put their money on Bitcoin because the market price just continues to skyrocket but you might wanna think again about that.

Still, the market is just unpredictable, personally, I dont really expect for Bitcoin market price to skyrocket up to 50k$ but I guess the hype was just high already considering there are a lot of great Bitcoin news including the ETFs. For sure that could easily boost the movement in the market, still, I'm waiting for a huge correction or drop, in my opinion, it is still going to happen soon because the market is just on an uptrend in the past month we dont really see any correction yet, so probably a lot of investors and traders are already expecting this as a huge bubble.

This is something which most of the tenured users echoes, Even I though we might not see Bitcoin crossing $50k but there were lot of hype as well as the news of ETF approval and Bitcoin halving has brought in more money this pumping the price and I still believe there would be few correction phase before the start of Bull run. But if Bitcoin breaks ATH this year then equations may change.









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February 26, 2024, 07:00:23 PM
 #13

At this point I would be a little shocked if we don't see a new all time high by the 4th of July.  By this time next year we should be over $100K and still in accumulation mode on the way up.

Everyone would be shocked if bitcoin doesn't reach a new ATH soon, I was expecting bitcoin to reach 60k by this weekend, the price is still consolidating around 51k, no big move since then, but what can we actually do for now than to wait.

Sure BTC would surpass 100k by this year end, we have enough DEMAND to actually propelled more price increase, more investors are still jumping into bitcoin with the recent ETF approval and many persons that didn't partake in the last bull run wouldn't like to miss out on this one, so I think your right when you said bitcoin would reach above 100k this year.

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February 26, 2024, 07:34:59 PM
 #14

Yes Bitcoin will definitely break its ATH this year. I don't think anyone would claim otherwise. It's only $15k away now. It will likely break the ATH this summer. It could come even sooner but I'm guessing we'll get a decent pullback at some point this Spring so it'll take until this summer to hit the ATH.
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February 26, 2024, 07:48:52 PM
 #15

I've watched BTC go from 23k to 52800 currently and with reports stating BTC outflows from exchanges rising to 8months HIGH, do you think BTC will hit ATH this year?
https://coinmarketcap.com/community/articles/65db377c13c6094f48999ba4/
Outflows from exchanges if is increasing then that's a good news, as I don't have authentic info about it, but I did read somewhere that outflow is increasing, besides this outflow we should see at other factors too, to predict the sentiments of the market, if you see market going from $23k to $52k then you must have seen how market's sentiments moves, and manipulates old and new traders. Besides this, you should have the knowledge of halving, because halving is going to occur in the 2 months.

And after that BTC supply will cut to half and the we can see a big pump in the price of BTC, and plus the adoption factor, so considering all the factors I can say we might see a ATH in the end of this year but that's not for sure because no one can time the market exactly. So, only depending on one factor to time the market is not a good idea, I suggest you to seek for more factors.

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February 26, 2024, 08:42:25 PM
 #16

Personally, I dont really think that we are going to see an all-time high this year, my bullrun prediction is next year to 2026, that is probably when we are going to see more than 100k$ in my opinion but for sure there are some chances that we might already break or right the all-time high next year, There was going to be a huge drop again in my opinion as we are getting near the Bitcoin Halving event I mean we could already see how the movement of the market is slowing down the upside trend cannot keep up anymore in my opinion, for sure there are still a lot of people that is going to be encouraged to invest or put their money on Bitcoin because the market price just continues to skyrocket but you might wanna think again about that.

Still, the market is just unpredictable, personally, I dont really expect for Bitcoin market price to skyrocket up to 50k$ but I guess the hype was just high already considering there are a lot of great Bitcoin news including the ETFs. For sure that could easily boost the movement in the market, still, I'm waiting for a huge correction or drop, in my opinion, it is still going to happen soon because the market is just on an uptrend in the past month we dont really see any correction yet, so probably a lot of investors and traders are already expecting this as a huge bubble.

To be honest we can't really do much than only speculate, everyone might give predictions based on how they feel and the facts available to them but we all know that bitcoin is very unpredictable and volatile, yeah it's true that with more time as things balances out I would be less volatile and more stable but in a way the best part of bitcoin might be erased, but that's by the way, your correct that the price might do a little correction but I don't think we should be expecting that untill maybe a 60k but its an assumption, bitcoin did correct sometime when it reached 45k and dropped back down to 35k, and that was caused by Grayscale massive selling, but surely we would have another price correction before or after 60k, here what I I thinking, if the price corrects now at 51k which I'm least expecting, the bull run would continue to maybe 20% that is up to 70k and if it doesn't correct and hits 60-65k then we would have a correction back to 50k and then upwards again. Nothing much just my speculation.

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February 26, 2024, 09:16:07 PM
 #17

I've watched BTC go from 23k to 52800 currently and with reports stating BTC outflows from exchanges rising to 8months HIGH, do you think BTC will hit ATH this year?
https://coinmarketcap.com/community/articles/65db377c13c6094f48999ba4/
I'm not sure if the market has totally changed its cycle, probably not. If we based on the 4-year cycle, we expect a new ATH next year that was 2025, 4 years from the bear season. The price of BTC is high already but it was not enough to expect a big rally nor an ATH right after halving because, in previous years, it took several months to see the impact of halving.

If we experienced the pump, we did not necessarily have to expect ATH as it normally happens in the market. We are in the bull season and we expect such a price increase but being into ATH is different.
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February 26, 2024, 09:22:01 PM
 #18

I've watched BTC go from 23k to 52800 currently and with reports stating BTC outflows from exchanges rising to 8months HIGH, do you think BTC will hit ATH this year?
https://coinmarketcap.com/community/articles/65db377c13c6094f48999ba4/

And it's already 54k, closing in to the next barrier of $55k. I thought that OP is asking if we can reach ATH prior to the Halving. But if we are talking about at the end of the year. I think there is a big chance to set a new ATH and break $69k.

We all know that the block halving is the catalyst for the start of the bull run for this cycle. But I say that we shouldn't get excited, there are still a lot of times to accumulate even in bull run. So let's just wait what's going to happen this year and 2025 and what will be the top for this cycle.

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February 26, 2024, 09:48:46 PM
 #19

Usually, bitcoins massively move up after each halving. If you deeply observe the chart after each halving, you can notice that. So I think only two months remain for the halving, and after that, we may encounter a significant move on Bitcoin. Even before that, until today, we have seen Bitcoin pass the $54K zone, and anytime could surpass $60K. Most likely, due to ETF, we are seeing the current green market. So from my experience, we may see a new ATH at the end of this year if everything goes like previous history. Means the history should repeat for a new ATH. 

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February 26, 2024, 10:31:40 PM
 #20

Well, based on the current price of bitcoin, it is now in the $54k–$55k range, which means if it still keeps on increasing, there will be a chance that if the bull run comes, it will surpass its current ATH, which is $69k, and the bitcoin price might set another all-time high during that halving. Well, what is the cause of the price keeping on increasing? Maybe because many more investors are participating in halving, which results in more demand for bitcoin, and we can also consider the approval of ETF so many more people can easily bring bitcoin. Truly,  what we are experiencing right now is great, and we can only be thankful because we are part of this community and we ride the sky to set that bitcoin will set. Now the question is: will those investors keep on accumulating bitcoin despite its high prices and take the risk, or will they just wait for the halving of their current holdings?

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