Can Bitcoin reach another new ATH before the bull run begins?

[GideonGono]

I don't think that it would reach or create a new ATH before the bull run, but I expect it to make while or after the Bull run.
I am hoping that it would create a new all time high record before this year ends even though it just made a new one this year.

[Richbased]

And is it also a good practice to be taking out profits from your Bitcoin investment each time a new ATH is achieved?

Yes, I do this. So every when you're going to take profits? Every ATH happens only every 4-year cycle so that's not that much to do a favor for yourself after being so patient for that long, right?

I don't know how true this information is because if we reflect back at when the previous ATH happened before the last one we just experienced in 14 March 2024. Bitcoin reached an ATH of $69k in 2021 and the current one that happened recently in March this year was $73k so this is just an interval of 3 years regardless of the fact that we are expecting the price to create another new ATH in 2025, so until then we can tell if a new ATH is meant to be created after every 4 year cycle then if it does we can assume it to be a theory but I doubt if it will be Theory that an ATH is meant to happen every 4 years since their are various factors that determines the creation of a new ATH.

However, 4 year is not enough to be taking profits from your investments in my own opinion but everyone has their investments target so if you find 4 years convenient enough to take your profits then it's fine but for me even if i will set a target on when to take profits from my investment, it will depends on the price range between the time I took the previous profits and the current one.

[tygeade]

Honestly, most of us or even all of us didnt expect that Bitcoins price would really be able to hit up or able to break its previous ath on which it did make that 73k price point but after that it did make out some correction but not really that deep on which its a good sign that we do have that a solid support. Although we cant really be able to tell if it would be able to hold into that last huge dip. Come in mind that we arent that still far yet or simply we are still that near on post halving season or event on which there would really be still that possible chance that we might be able see that last dip but of course no one really knows if it would happen or not.
The market is something that would really be always that unpredictable and this is why if you are really that tending to have that maximized profits then you should really be that wise when it comes to the decisions you are making specially in talks about having that accumulation.

I feel like the "unexpected" big increase was due to ETF, and we haven't even seen the halving situation take effect yet, when that happens we are going to end up with something that will make it work and do a lot better. I am not saying that we are going to have something that will get bigger and better, we just need to make sure that we are going to end up with a greater return if we see it work.

I hope that people could realize that, and if that can be done then we are going to see something that will benefit everyone all the same. I hope that we could make money with the upcoming bull, because I believe that we haven't seen anything yet, that ATH 73k was due to ETF, if we go bull then we are going to see 100k even 150k for it.

[Natalim]

Is it really necessary to be anxious for a new ATH to be created or just keep hodling and discard whether a new ATH happens or not? And is it also a good practice to be taking out profits from your Bitcoin investment each time a new ATH is achieved?

Those who are anxious for a new ATH are just being nervous unnecessarily. I believe as a long time investor, there is no need to panic when a new ATH is created and such person could not be able to sell before it fall back to previous ATH. Those people should not be considered as investors rather considered as traders because it's only trader's that are happy each time the price is high and worried when its dip and want to sell, but investors don border atol till they meet up there target.

I guess reaching a new ATH or not should not be an issue in the first place. We aren’t here and expect bitcoin price to achieve a new all time high every time, but we are here because we believe that bitcoin will make it big in the end, and by that time we might have maximize our bitcoin investment already.

So if there’s a new ATH or not, that is not a big deal really. What matters the most is still we take time to sell and gain profits whenever there is an opportunity to sell, and buy back again when the market is giving us a good buying opportunity. I think that’s how bitcoin investment should be equally done.

[tabas]

And is it also a good practice to be taking out profits from your Bitcoin investment each time a new ATH is achieved?

Yes, I do this. So every when you're going to take profits? Every ATH happens only every 4-year cycle so that's not that much to do a favor for yourself after being so patient for that long, right?

I don't know how true this information is because if we reflect back at when the previous ATH happened before the last one we just experienced in 14 March 2024. Bitcoin reached an ATH of $69k in 2021 and the current one that happened recently in March this year was $73k so this is just an interval of 3 years regardless of the fact that we are expecting the price to create another new ATH in 2025, so until then we can tell if a new ATH is meant to be created after every 4 year cycle then if it does we can assume it to be a theory but I doubt if it will be Theory that an ATH is meant to happen every 4 years since their are various factors that determines the creation of a new ATH.

It's different this time but the one that happened on March this year was true, and that's another ATH. With that, we have to wait for at least next year as that's what the cycle is telling. But if you go back to the charts, that's actually true and it's known by many that there is the 4-year cycle. The bull run is just getting started and there's more to it that's likely to last for 2025 and that means that the pattern of 4 year is still in. Well, let's wait for next year.

However, 4 year is not enough to be taking profits from your investments in my own opinion but everyone has their investments target so if you find 4 years convenient enough to take your profits then it's fine but for me even if i will set a target on when to take profits from my investment, it will depends on the price range between the time I took the previous profits and the current one.

Well, if it feels not enough for you. Then, you can wait further and take your profits when you think is the right time. It's true that we've got targets but if you're looking the at histories and cycles, you should plan when is the right time for you because we've got different situations and reasons why taking profits is gonna be needed. Just do it whenever you are comfortable but if ATH appears again this or next year, you have to do something about it or else you'll just let it pass and miss it.

[Marvell1]

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Well, setting a target price is a good strategy but be sure it is achievable. Or else, we are hoping for nothing, and still, it ends in a bad story.

Of course, we need to set realistic goals and rely on market factors to set goals, not exaggerated goals based on our greed. In addition, the market is volatile and no one knows what will happen, so the target can also be changed to suit the market situation at that time. We need to be flexible and above all be satisfied with what we have, don't be stubborn or too greedy, we won't have to face any bad stories.

But your warning is not redundant because many people have fallen into that situation, they set unrealistic goals, they set goals based on greed and not based on any market factors. Yes, many people end up with bad stories when the bear season arrives.

[justdimin]

we need to set realistic goals and rely on market factors to set goals, not exaggerated goals based on our greed. In addition, the market is volatile and no one knows what will happen, so the target can also be changed to suit the market situation at that time. We need to be flexible and above all be satisfied with what we have, don't be stubborn or too greedy, we won't have to face any bad stories.

But your warning is not redundant because many people have fallen into that situation, they set unrealistic goals, they set goals based on greed and not based on any market factors. Yes, many people end up with bad stories when the bear season arrives.

I agree with setting up imaginary goals and then regretting will not help anyone. But, to derive a realistic target price for bitcoin, we must need technical approach. But, I do see people here are simply speculating based on their greedy or fear index level. Of course our emotions will play significant role on deciding the price level of bitcoin we have seen that in this market countless times.

For example by 2017, people here were speculating about 10k price level for then bullish market but we ended up with ~20k levels. So, we cannot speculate how our FOMO or fear will drive the market. If someone convincing you about one million dollar per bitcoin then you may decide to delay selling of your 0.01 BTC. I mean even your holding is less, when more people are speculating similar to you, then you can witness market reacts in your way.

[pooya87]

And is it also a good practice to be taking out profits from your Bitcoin investment each time a new ATH is achieved?

Yes, I do this. So every when you're going to take profits? Every ATH happens only every 4-year cycle so that's not that much to do a favor for yourself after being so patient for that long, right?

I don't know how true this information is because if we reflect back at when the previous ATH happened before the last one we just experienced in 14 March 2024.

That statement used to be true up until the early 2020 when the pandemic grew big enough to cause an economic crash which then had its effect on bitcoin price and crashed that. Ever since that dump, this whole 4-year cycle trend has been broken and we've been experiencing dwarfed bull runs and incomplete cycles.

[GigaBit]

I don't think that it would reach or create a new ATH before the bull run, but I expect it to make while or after the Bull run.
I am hoping that it would create a new all time high record before this year ends even though it just made a new one this year.

It is very difficult to tell when market conditions will change. Bitcoin price is not bullish today but it is approaching new highs. Today Bitcoin went from $70k to approximate $72. Although it later turns. But the possibilities are not over yet. It is very likely that Bitcoin will touch another ATH in the next few days. But this assumption is not always correct. Bitcoin price rose to $71,931.28 and currently stands at $70,735.52, according to CoinGecko. If Bitcoin is slightly bullish tomorrow we may touch new ATH. Again that may not be the happen and from here the Bitcoin price may once again take a trip to the downside. There is no negative news yet but anything is possible due to various investors various thoughts.

[Uhwuchukwu53]

Is it really necessary to be anxious for a new ATH to be created or just keep hodling and discard whether a new ATH happens or not? And is it also a good practice to be taking out profits from your Bitcoin investment each time a new ATH is achieved?

Those who are anxious for a new ATH are just being nervous unnecessarily. I believe as a long time investor, there is no need to panic when a new ATH is created and such person could not be able to sell before it fall back to previous ATH. Those people should not be considered as investors rather considered as traders because it's only trader's that are happy each time the price is high and worried when its dip and want to sell, but investors don border atol till they meet up there target.

The fact remain on what your saying as nothing to argue about it, though as investors you will still have little impact that the price is rising as it will also help to increase your expectations of making more profit but to to panic even when the expected year is not close, for some Long term investor ATH most time affect them indirectly because if they engage on weekly accumulating if the BTC it will course them a break as what they will afford during that period will be less than what they would have if the price is low.

[Republikcoin.com]

I don't think that it would reach or create a new ATH before the bull run, but I expect it to make while or after the Bull run.
I am hoping that it would create a new all time high record before this year ends even though it just made a new one this year.

The possibility and opportunity for Bitcoin to make a new ATH twice in the same year, aimed at this year, could still occur if the price correction is not deep enough. And from what we have seen together in Bitcoin price movements in the market, we can also give a little idea that the potential for Bitcoin to reach ATH again this year is still very, very open and quite possible to happen even though we still often see prices stagnating in the range $70K at this point in the market.

[AnonBitCoiner]

I don't think that it would reach or create a new ATH before the bull run, but I expect it to make while or after the Bull run.
I am hoping that it would create a new all time high record before this year ends even though it just made a new one this year.

Anything can happen here and as the price is now 70k$ so it is not a lower value and most of the investors are still in profit as they have made an investment at the price lower than 70k$. Price fluctuations are common with Bitcoin price so we are not sure that the price will create a new ATH or not but it is estimated that before the end of this year we will see a big pump that will bring more better conditions in the crypto market.

The price is changing regularly like yesterday it was 72k$ but today it is 70k$ and maybe tomorrow this price will be changed so the price is changing on a daily basis therefore be ready for all the circumstances.

[Republikcoin.com]

The fact remain on what your saying as nothing to argue about it, though as investors you will still have little impact that the price is rising as it will also help to increase your expectations of making more profit but to to panic even when the expected year is not close, for some Long term investor ATH most time affect them indirectly because if they engage on weekly accumulating if the BTC it will course them a break as what they will afford during that period will be less than what they would have if the price is low.

You also have to pay attention to the level of investors who have capital because not all investors make weekly accumulations when they want to buy Bitcoin. There are also investors who buy Bitcoin in large quantities without accumulating it in one purchase, although most investors would prefer to be able to buy at a lower price. Because they have long-term savings goals that are very different from other people with shorter goals in their investments, so you also need to look at several investor models when they want to buy so you can know which investors often make weekly accumulations every time they buy Bitcoin because They basically don't have much capital that they keep in their wallets.

[bitgolden]

I believe that we are going to see the new ATH with the bull, it would be start of the bull run and we are going to keep growing more and more after that as well, it is going to be quite well.

The best thing to do right now would be just realizing that we are going to make a good profit when that happens, which means that we need to keep accumulating more bitcoin. I keep seeing people selling bitcoin and getting out, which makes no sense to me at all, I think it would be smarter if they could just end up with a better result by working harder. The best thing to do right now would be just realizing that you are going to make some money if you are careful, and that requires you to put a lot of money into bitcoin before it starts to go up.

[laijsica]

I believe that we are going to see the new ATH with the bull, it would be start of the bull run and we are going to keep growing more and more after that as well, it is going to be quite well.

The best thing to do right now would be just realizing that we are going to make a good profit when that happens, which means that we need to keep accumulating more bitcoin. I keep seeing people selling bitcoin and getting out, which makes no sense to me at all, I think it would be smarter if they could just end up with a better result by working harder. The best thing to do right now would be just realizing that you are going to make some money if you are careful, and that requires you to put a lot of money into bitcoin before it starts to go up.

Basically we like countdown to ATH and it has started. We are constantly busy looking at price charts and trying to see results. But investors should focus more on increasing their holdings and not be greedy. In most cases, holders may tend to sell their bitcoin stack during price rises, but long-term moves may yield much higher profits. It is increasingly important to take care of Bitcoin deposits and holdings.

Of course it will happen that Bitcoin will touch its ATH within few days. I see someone I know withdrawing his holding and why should I regret it myself it was normal but I couldn't stay normal I told him you will pay a lot for this in future. But he told me that he will buy again in bearish season. I think he might not get his expected dips in future. There are many bitcoin holders like this you can't stop them even if you want to but politely explain the importance and increase the care of your bitcoin stack.

[Rasa nanas]

I'm sure investors who haven't taken profits during the ATH are a little worried because if you look at the current market situation there is a possibility that after this the market conditions will be bearish and $73k is the ATH this year. Taking profits when ATH is actually a good move, but determining the highest price is not easy. after you sell it is very possible that the price will continue to rise and at that time it will not be the highest price, but this action will prevent you from being greedy.

[TravelMug]

I'm sure investors who haven't taken profits during the ATH are a little worried because if you look at the current market situation there is a possibility that after this the market conditions will be bearish and $73k is the ATH this year. Taking profits when ATH is actually a good move, but determining the highest price is not easy. after you sell it is very possible that the price will continue to rise and at that time it will not be the highest price, but this action will prevent you from being greedy.

I wouldn't be worried though, I mean you have that mentality to hold for a long time already so why not wait for the official bull run to commence or at least see a parabolic rise as everyone is waiting for the price to hit at least 6 digits and that is a good gauge whether we are going to sell or not.

I'm maybe one of those who sometimes think that being greedy is good in this market. Or just wait for the perfect time to sell and to make a lot of profits. Plus, patience is also a key here although we have heard this philosophy before, but it is till one of traits that we need to have in this kind of market because it's cyclical.

[shinratensei_]

I'm sure investors who haven't taken profits during the ATH are a little worried because if you look at the current market situation there is a possibility that after this the market conditions will be bearish and $73k is the ATH this year. Taking profits when ATH is actually a good move, but determining the highest price is not easy. after you sell it is very possible that the price will continue to rise and at that time it will not be the highest price, but this action will prevent you from being greedy.

Finding ATH is a myth, the people that sold in ATH either lucky or just simply taking profit, you only find out ATH after you've passed that price sometime and see no more bullrun. its more realistic to sell whenever we are in profit because that way there's no regrets.
but i'm sure $73k is not the all time high for this market, we are still in bullrun, don't be overly pessimistic because the big institutional investors are still attempting to buy more and more bitcoin, you can roughly guess whats gonna happen in the future.

That statement used to be true up until the early 2020 when the pandemic grew big enough to cause an economic crash which then had its effect on bitcoin price and crashed that. Ever since that dump, this whole 4-year cycle trend has been broken and we've been experiencing dwarfed bull runs and incomplete cycles.

honestly this is also my concern, will the full cycle form? if there's economic disruption that could overturn the entire economic situation, doesn't that mean things could be different than previous cycle?
we can't deny the fact that crypto market cap has been growing so high these days.



the difficulty of pumping such market with big market cap valuation will linearly increase alongside with the growth of the market cap. its not like before where the market cap is still low. more money need to flow in to pump the market and we starts running out of narratives, back then ATH caused by institutional investors buys up including tesla, right now its ETF, what is the next narrative no one knows, hopefully market can sustain.

[$weetne$$]

The possibility and opportunity for Bitcoin to make a new ATH twice in the same year, aimed at this year, could still occur if the price correction is not deep enough. And from what we have seen together in Bitcoin price movements in the market, we can also give a little idea that the potential for Bitcoin to reach ATH again this year is still very, very open and quite possible to happen even though we still often see prices stagnating in the range $70K at this point in the market.

I see this hasn't happened before because when we are in a bear market, the price of Bitcoin can be volatile many times taking us to a new lowest price each time and this what we should be afraid of happening. We can still have a new highest price for Bitcoin this year and let the current state of the market not make us to have doubts because the market can change direction and starts to be bullish with one big news that is positive to the market but let us not hope for a new highest price when the market is in a bear movement. Right now we are not in the season of the bear market because Bitcoin halving has already happened and after there is a halving, the price of Bitcoin will get to a new highest price which is going to be happening when the market get bullish and not when the market is having a correction.

[rhodelmabanal]

On March 14, 2024, Bitcoin reached a new ATH of $73k and surpassed the previous ATH of $69k in 2021, a lot of investors were happy that the price reached a new ATH even before the halving event that happened in 20 April 2024 so some long and short term hodlers took profits from their investment when the new ATH was created. Now, some investors who didn't take out profits when the ATH was created are waiting anxiously to see another new ATH this year before the bull run begins so that they can utilize the opportunity.

Is it really necessary to be anxious for a new ATH to be created or just keep hodling and discard whether a new ATH happens or not? And is it also a good practice to be taking out profits from your Bitcoin investment each time a new ATH is achieved?

I think it is always depends on the investors limitations, some investor wanted to make a big profit that is why even if they already have profit to be taken they still didn't take it and they wait for a big huge profit, that is why they keep holding, the market is now really high on volatility and we need to hold to earn a true profit not penny.