Will the price of Bitcoin hit a new all-time high?

[NNRR]

In 2021 when the price of Bitcoin went to 69K USDT, many people thought that this shock might stop at 100K USDT, but instead of that, Bitcoin went down from there. The price of Bitcoin did not see such movement in the last two years, but in 2024, Bitcoin is already this year.  Has gone to best high 59K Usdt then can we see a break from the previous price, Bitcoin has a halving very soon is it likely to be before or after the halving?

[hd49728]

In Bitcoin history, it always makes a new all time high with a halving.

You can count that so far there are three halvings in 2012, 2016, 2020 [1] and Bitcoin makes its new all time highs months after these halvings. If you believe in history, you will believe Bitcoin will make a new all time high with halving in April 2024.

The more interesting thing is will Bitcoin make its first new all time high before a halving. It has never happened with past three halvings.

[1] https://www.bitcoinblockhalf.com/

[Frankolala]

The more interesting thing is will Bitcoin make its first new all time high before a halving. It has never happened with past three halvings.

This is something that we can tell, but just to sit down, relax and watch what will happen before the halving. If this year will be different from the other three historical price movements of bitcoin before the halving. Due to the rapid increase in price of bitcoin these few days, who knows if we will be seeing 60k price today.

We still have a month and some days to the halving, if the price of bitcoin did not make a correction, then it is possible to see a new ATH before the halving. The approval of bitcoin ETF is also playing a major role to in this year bitcoin price pump before the halving. I am not in a rush, but waiting patiently to see the highest price that bitcoin will touch before the halving, and also keeping records.

[Doan9269]

As pertaining bitcoin, i don't think we need to crack head ourselves that much on it markets performance when we can get hold of any information on it previous performances from the chart, we also need to remind ourselves that the market is always as volatile as before, we don't have to engage on the way things are going without making use of the resources available to serve as conviction for us to know what direction the market is going currently.

[kryptqnick]

In 2021 when the price of Bitcoin went to 69K USDT, many people thought that this shock might stop at 100K USDT, but instead of that, Bitcoin went down from there. The price of Bitcoin did not see such movement in the last two years, but in 2024, Bitcoin is already this year.  Has gone to best high 59K Usdt then can we see a break from the previous price, Bitcoin has a halving very soon is it likely to be before or after the halving?

I think at this point, all bets are off because people mainly expected Bitcoin bull market after halving, well after it (at the end of 2024 or even in 2025). As we can see, things are moving very differently right now, and at this pace, Bitcoin can establish a new ATH any time now. Then again, let's remember that the last bull market was kind of a double market because the price grew from December 2020 till April 2021 from $20k to $63k, and then it went down to $31, only to grow more from July 2021 till November 2021 from $30k to more than $67k. So, who knows, maybe we'll also have two major stages, between which the price can fall to half of where it gets at the first stage. In any case, it looks like 2024 will be an interesting year for Bitcoin.

[naira]

In 2021 when the price of Bitcoin went to 69K USDT, many people thought that this shock might stop at 100K USDT, but instead of that, Bitcoin went down from there. The price of Bitcoin did not see such movement in the last two years, but in 2024, Bitcoin is already this year.  Has gone to best high 59K Usdt then can we see a break from the previous price, Bitcoin has a halving very soon is it likely to be before or after the halving?

I wouldn't put much thought into Bitcoin ATH this year because that's already the cycle  we believe happens. but of course what I'm thinking most about so far is about bringing in funds from Dca activities which might have to be reduced a little because prices are still high, there needs  to be a little reduction to add  little by little. because we feel that  what we did was not in vain during the several seasons of running Dca through witnessing a bull  year and really having the encouragement we hoped for. Generally as we have gone through, halving occurs after ATH is reached.

[pakhitheboss]

What I have understood so far is that Bitcoin does not repeat history after a few years as it used to do earlier. I remember in 2017 it went into the bull run mode from November to December. The reason is 2016 being the halving year and the same happened in 2021 as 2020 was the halving year. Before halving the price of Bitcoin is supposed to plummet or a correction is expected. This year the price did not correct itself why? The reason is Bitcoin ETF, what we are seeing is the ETF effect and we might continue to see such bull run in the market due to Bitcoin.

Currently, Bitcoin is trying to break the resistance at the $60000 level. IMO it would be broken in the next couple of weeks and we might get to the last ATH before the halving date. We still have approximately 52 days left and it is a possibility that Bitcoin within those days might break its ATH or reach the ATH price. It is too complicated to predict the price of Bitcoin as there are a lot of reasons behind the price. I only see the ETF as the reason why Bitcoin is now going through a bull run.

[rodskee]

In 2021 when the price of Bitcoin went to 69K USDT, many people thought that this shock might stop at 100K USDT, but instead of that, Bitcoin went down from there. The price of Bitcoin did not see such movement in the last two years, but in 2024, Bitcoin is already this year.  Has gone to best high 59K Usdt then can we see a break from the previous price, Bitcoin has a halving very soon is it likely to be before or after the halving?

Was shocked now because when I last check earlier today the price is still 56k but now
this is running to 60k as I am typing and what a run from bitcoin just from couple days ago.

Actually until now I cannot decide to accept if we will be running to breaking ATH before halving
or we will be dumping before halving happened.

[yudi09]

In 2021 when the price of Bitcoin went to 69K USDT, many people thought that this shock might stop at 100K USDT, but instead of that, Bitcoin went down from there. The price of Bitcoin did not see such movement in the last two years, but in 2024, Bitcoin is already this year.  Has gone to best high 59K Usdt then can we see a break from the previous price, Bitcoin has a halving very soon is it likely to be before or after the halving?

The highest price increase is not based on your wishes and my wishes before or after the halving, but based on market conditions or activity.
The price level that Bitcoin has reached now is very close to the previous highest price. If you want to know whether it is possible before or after the halving, just wait and don't give up Bitcoin.

Estimate when the highest price occurs whether it will continue to increase or just stop temporarily. The decision is yours.
His words are for you, Bitcoin goes to the moon.

[Volimack]

You have to wait to see the highest price of bitcoin. Bitcoin's future is not easy to predict. If you research the market well you can get some useful information. All investors are hoping that Bitcoin will reach a better place from its previous position towards the halving which could be inclined higher. Despite the ups and downs of the market and price differences bitcoin is still a good investment and you will get better results if you wait.

[tabas]

In 2021 when the price of Bitcoin went to 69K USDT, many people thought that this shock might stop at 100K USDT, but instead of that, Bitcoin went down from there. The price of Bitcoin did not see such movement in the last two years, but in 2024, Bitcoin is already this year. 

There's more to come and don't get excited. It's just getting started, we're not even yet on the halving so this effect is purely from speculation on how the halving might go that far with the effect of Bitcoin spot etf.

Has gone to best high 59K Usdt then can we see a break from the previous price, Bitcoin has a halving very soon is it likely to be before or after the halving?

It just topped to $59k just now, so that price speculation of yours have been hit already too early. That means to say that you need to set again another price on how high Bitcoin might reach on this cycle, remember we're just getting started, and there's more to come.

[Churchillvv]

Even though you have gotten enough response but I will still have to put this out to you that there are lots of Bitcoin speculation thread in the forum that you should have considered visiting or read articles to know if bitcoin will reach a new ATH, although even if we all keeps predicting or speculating what the bitcoin market will do we still don't have an avenue of getting it right.

I will drop some few threads that you should consider checking to know more about the bitcoin market and speculations.

Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
A new ATH before halving. Is it possible?

There are lot more....

[Zanab247]

Base on the movement of the price of BTC in this month of march,  i know that the price will approach $100k soon but it will not reach that amount in this 2024 but just to let people know that the next bull run will be higher than what is happening now in the market that is making some hodlers to start selling their BTC to achieve profits.

 If you are still hodling your BTC in this bull run, you don't need to be afraid of dump because, the price is still pumping to reach your target before the end of this year and it will help you to continue applying long term hodling  to your BTC.

[cakravothy]

of course the price of bitcoin will experience and reach its ATH again aka above 69k dollars.
but I think bitcoin reaches its highest price point not in 2024 but in 2025.

[darkangel11]

In 2021 when the price of Bitcoin went to 69K USDT, many people thought that this shock might stop at 100K USDT, but instead of that, Bitcoin went down from there.

It did not go down on its own, because there are many forces at play here that drive the market. In 2021 for instance, China decided to ban bitcoin mining which greatly impacted the market and shortened the bull run.

The price of Bitcoin did not see such movement in the last two years, but in 2024

No? It managed to crash twice, once because Luna scammer Do Kwon was converting his shitcoin to bitcoin and then dumped all that he converted on unsuspecting traders, and again because another scammer SBF was stealing deposits of his clients and buying houses for himself and his family.

it likely to be before or after the halving?

More likely after, but nobody knows what will happen. If a billionaire decides to buy a few thousand all at once it can happen faster.

[ajiz138]

History always says it's after the halving so I'm not sure before the halving but it would be possible because to get to $69K it's a little bit more not impossible right? If it's before the halving? But I'm never sure about these things.

Regarding the price reaching the highest price it is still very possible even $100K is reasonable if you believe that prediction because after the halving we will know what happens later but make sure you have bitcoin in your bag so that when the price reaches ATH there is no regret or you are prepared to sell it.

[kentrolla]

Bitcoin has been in great run for over three months now and I think if this continues then there are chances of achieving new ATH even before halving. We cannot expect it to cross or touch the landmark figure of $100000 anytime before halving and just one advice that don't get carried away as few market correction and fluctuations are imminent and let's not blow it off during those phase by selling it all only to buy back at higher price.

[BABY SHOES]

Yes ATH will definitely repeat itself in the current year or maybe in early 2025 the cycle is now approaching - to Halving so be prepared buddy.

All-time high price? I think it will happen in the near future or at least we will know how ATH bitcoin will be during its bullishness, if I myself believe above $100K or even $150K this is a number that may be very realistic, why do I say that because after bullishness it will be more than 3x the increase from the previous ATH, but this is an assumption that we predict and maybe more than that.

Now bitcoin will be close to the previous ATH while there is still more than 1 month to the halving, isn't this still a chance with a new record where the ATH before the halving even if it is a price of $75K for example? That makes sense too.

[Cryptoprincess101]

In 2021 when the price of Bitcoin went to 69K USDT, many people thought that this shock might stop at 100K USDT, but instead of that, Bitcoin went down from there. The price of Bitcoin did not see such movement in the last two years, but in 2024, Bitcoin is already this year.  Has gone to best high 59K Usdt then can we see a break from the previous price, Bitcoin has a halving very soon is it likely to be before or after the halving?

Bitcoin surpasses previous ATH at every halving so it is expected that it price will still reach a new ATH after the halving of which every Bitcoin investors is looking up to that and definitely the price of Bitcoin will dip after the bull run which is very certain because it would also give investors the advantage to buy at a dip and hodl till maybe the next halving as well for investors who wants to engage in long term hodling.

[Marvelman]

The price of Bitcoin has gone through boom-and-bust cycles before, and many believe another record high is on the horizon.  Given Bitcoin's halving schedule which impacts supply, plus growing mainstream adoption, surpassing its previous all-time high of around $69000 seems feasible sometime in 2024 or 2025 when the next wave of hype and speculation kicks in. 

However, predicting exact Bitcoin prices is challenging.  In the past, once mass euphoria sets in and prices disconnect from fundamentals, things can get crazy before eventually crashing back down and  while more upside appears likely long-term nothing goes up forever.  Approaching new highs with reasoned optimism rather than blind exuberance is wise.