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Author Topic: Can we see BTC at ATH before the year ends?  (Read 1117 times)
Sorryfor
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March 16, 2024, 10:27:53 AM
 #121

Bitcoin reached its peak value of $72,000 in 2024. Most people believe that Bitcoin will reach its peak value of $100,000 in 2024. But it appears that the price of Bitcoin has dumped slightly below $72,000 for a few days and currently stands at $66,000. Now it is difficult to say anything precisely about whether the price of Bitcoin is likely to increase or decrease. However, since Bitcoin halving has not yet started this year, it is expected that Bitcoin will continue to increase in value. Since the popularity of Bitcoin and its mobility is very high and taking other things into consideration, it can be said that Bitcoin will increase in value.

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March 16, 2024, 11:37:13 AM
 #122

The 2021 ATH is $65k and the current price of bitcoin is around $73k. This means that BTC has reached a new ATH this year, but don't rush to sell because the halving will still start soon and a new, much higher ATH will be reached.

And most likely this is what everyone is asking here, it's just March, halving has not yet started and yet we have reach bull run already. But how big will it be this year? We could be looking $100,000 as a conservative estimates.

So no selling at $70,000, we need more, LOL as what @xhomerx10 posted.

Slow down, don't push that sell button, Wait for the price to continue rising throughout the remainder of the year. And then make your decision to sell your Bitcoin or not. If we have waited for a long 2 year bear market, then I think we can do that for this yea.
Many people have said they will sell when bitcoin hits a new ATH but bitcoin has made many new ATHs this year and what I am seeing is people telling each other not to sell bitcoin early because it will go up even more.

I wonder when bitcoin hits $100k, will someone sell their bitcoin or will we continue to scream don't sell because bitcoin will continue to rise? And what is the final price we will sell at and will we sell at a high price or become reluctant holders when the market suddenly drops?

Each person should have a goal and should sell if the goal is achieved. Bitcoin is unpredictable, so don't be too subjective with what's going on.

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March 16, 2024, 02:09:18 PM
 #123

Bitcoin reached its peak value of $72,000 in 2024. Most people believe that Bitcoin will reach its peak value of $100,000 in 2024. But it appears that the price of Bitcoin has dumped slightly below $72,000 for a few days and currently stands at $66,000. Now it is difficult to say anything precisely about whether the price of Bitcoin is likely to increase or decrease. However, since Bitcoin halving has not yet started this year, it is expected that Bitcoin will continue to increase in value. Since the popularity of Bitcoin and its mobility is very high and taking other things into consideration, it can be said that Bitcoin will increase in value.
I think this price decline is natural considering that in recent times the price of bitcoin has risen drastically. It's hard to say if the 2024 ATH is only around $72k because that means the 2024 ATH is only slightly above the 2021 ATH. I am very sure that this price decline is a reasonable price decline and after this Bitcoin will recover and continue its positive trend.

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March 16, 2024, 06:56:06 PM
 #124

Bitcoin hit the value of previously created ATH this year and has created new ATH which is a good news for all investors but after creation of ATH bitcoin has made the people sad due to sudden dump to 66k$. I wish after reaching to 100k$ it persist for longer time so that's why people can take profit from it. If bitcoin again reach to recently created ATH then I think 100k$ of achievement is possible. The major effect on Bitcoin's price will be only due to halving so wait for halving to occurs and we will see that how successful bitcoin has become.



 

 

 

 

 

 


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CageMabok
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March 16, 2024, 07:10:44 PM
 #125

I think this price decline is natural considering that in recent times the price of bitcoin has risen drastically. It's hard to say if the 2024 ATH is only around $72k because that means the 2024 ATH is only slightly above the 2021 ATH. I am very sure that this price decline is a reasonable price decline and after this Bitcoin will recover and continue its positive trend.
Even though this year's ATH is not that far from the previous ATH, this must also be recognized by many people because this is also a new history for Bitcoin this year. And regarding the price decline over the past few days, I also agree with what you said, that this is indeed a very normal thing for Bitcoin before it returns to a more fantastic price recovery in the market. For now, I still think that the price increase could return to Bitcoin before the halving occurs, if this price decrease will not last for a long time.

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March 17, 2024, 01:53:37 AM
 #126

The 2021 ATH is $65k and the current price of bitcoin is around $73k. This means that BTC has reached a new ATH this year, but don't rush to sell because the halving will still start soon and a new, much higher ATH will be reached.
This is why the thread should be closed now because multiple times that bitcoin had reached the ATH just this march alone , I remember this thread almost identical to the other thread that asks "Can Bitcoin break ATH before halving" in which I delivered the same answer of NO , but I was wrong and Now I know how to never underestimate the capacity of bitcoin.

 The thread probably should be locked but then where would everyone drop their sigs?  There are quotas to be met.
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March 17, 2024, 10:20:46 AM
 #127

Bitcoin hit the value of previously created ATH this year and has created new ATH which is a good news for all investors but after creation of ATH bitcoin has made the people sad due to sudden dump to 66k$. I wish after reaching to 100k$ it persist for longer time so that's why people can take profit from it. If bitcoin again reach to recently created ATH then I think 100k$ of achievement is possible. The major effect on Bitcoin's price will be only due to halving so wait for halving to occurs and we will see that how successful bitcoin has become.

I think this is a usually correction I won't ay major correction but a minor market correction which is happening and we have seen this when Bitcoin hit $40k as well as $48k and when it crossed $50k as well as when it was approaching $70k so I don't think we need to worry about it until Bitcoin drops down it's $60k support which is still strong. Let's wait for some more days and see instead of making hasty decisions because I think it will bounce back again.









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March 22, 2024, 05:45:03 PM
 #128

Quote from: AnonBitCoiner
Bitcoin hit the value of previously created ATH this year and has created new ATH which is a good news for all investors but after creation of ATH bitcoin has made the people sad due to sudden dump to 66k$.
I know that another bull run is coming that will push hodlers to sell their BTC in the highest price in 2024 because the first bull run that take place this year ended up $73k that made some hodlers not to sell because they are waiting for the price to hit $100k before they can sell.

Quote
I wish after reaching to 100k$ it persist for longer time so that's why people can take profit from it. If bitcoin again reach to recently created ATH then I think 100k$ of achievement is possible. The major effect on Bitcoin's price will be only due to halving so wait for halving to occurs and we will see that how successful bitcoin has become.
If the price reach $100k soon, I don't think it will last more than two weeks before the price will begin to fall down to enter the long bear run that will make people to use the opportunity to buy and hodl for long until the bull run come before they can sell.

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