Looking back, it seems,
This is the TOP was the correct answer, which has got ZERO vote so far!
That was the top before the halving but this bull run hasn't ended yet. The year is near the end and we're in the last month of Q3 then Q4 next. But give it all a chance up to 2025 and let's how it will perform. It takes 19% more gains from the current price of $60270 right now for Bitcoin to be back at that top. It may take time but if the basis will be the historical gains, that can be beaten easily. I'm speaking with all hope that we'll be able to see another top on top of the peak that we saw several months ago. If not, it takes patience for it to happen and we've got more than a year to assume for this bull run.
We still have some time before the end of the year, and since we have a new pattern of seeing a new all time high before the halving, it's really hard to speculate as where the price will be this year. I mean if we didn't hit that $73k this March, we could be still in a new all time high today. However, as I have said, pattern or cycle change this bull run, so we should expect the unexpected.
I agree about that comparison if we didn't hit a new ATH before the halving, this price that we're having right now is still close to the ATH that we've got last bull run of 2021 and comparatively it's still a good one.
And then we have the geo-politics in the background, US Fed rate hike and then the Presidential election in November. This news might impact on what the price will be this 2024 and it could be positive. And so we should really wait and have the patience as believed that we can see 6 digits this bull run.
The FED cut rate did most markets up again just after the announcement. The S&P 500, the stocks, and even Bitcoin. That only means are money flowing again to the markets when the rates have been cut, I think there will be another batch of these cuts. I'm not sure when but when it does, possible another positive impact to BTC's price.
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