BTC will never to break 120$ before the next halving! Share your opinion....

[tottong]

Christmas is near.
Just share my experience don't take it seriously. I am also waiting to know about your experience!!!......
More people are trying to sell some of btc and trade amount as my previews work experience I don't think btc will not break 120$ before the next halving. I Share my experience from using and face this situation Since 2017.

Just share my experience you can put your experience about your trade and btc life history.

There will always be people selling certain amounts of Bitcoin for various reasons, and for those involved in trading, it's a common activity that affects their trading journey every time they engage in it.
In general, it might not reach $120 before Christmas, but Christmas isn't the only concrete reason why Bitcoin won't reach that price.
There's always uncertainty about the price, and it's either a yes or a no, because it's quite difficult to predict Bitcoin's price during its highly speculative journey.

Don't worry, this is a normal occurrence in Bitcoin's journey in the market, and it's possible that the different conditions that cause Bitcoin to experience a decline or increase, and the new year is not the only reason why Bitcoin is unable to break through the price you mentioned.

[CryptoBuds]

Bitcoin hit ATH before the halving in this cycle and the reason is because of ETFs involvement. That somewhat makes the bitcoin cycle no longer true but to assert this pattern is outdated and old. We need more data, and more precisely, we need to wait until the end of the year to see if bitcoin is really entering a new cycle or is simply going through a temporary change.

Many people like you believe this time will be different and we will reach ATH in 2026 instead of bear market like other years. However, I think that although things have changed, it is not significant and the market cycle will repeat itself.

Let's wait and see who will be right.

Whatever the reason is, the pattern has already been proven wrong.

It's unfortunate there's no market offered on Polymarket whether Bitcoin would reach an ATH in 2026, or whether it would break $120,000. It would be interesting to learn from it what's the larger sentiment.

How I wish there's also a somewhat similar market here on the forum. I could have given you 2.10 or even 2.20 odds on Bitcoin not breaking $120,000 in 2026. I'm so convinced it will that I'm willing to put my money where my mouth is.

Anyway, only time will tell. I hope I can go back to this thread as early as the 1st quarter or 1st half only to tell you "I told you!"

Just like on our forum, the crypto community on other social networks is also divided into two sides. One group believes in the 4year cycle and argues that Bitcoin has risen x8 from its 2022 lows, and now is the right time for BTC to enter a bear market again. Meanwhile, another group including Grayscale, CZ or Bernstein Investment Company believes that the market structure has changed and the 4year cycle is no more. Many believe that Bitcoin will reach $170k to $200k in the next 6 to 12 months.

Overall, the market remains the same, there are always conflicting opinions, and each person simply chooses to side with the viewpoint they believe is correct. Only time will tell.

I think in the near future, we will have more prediction platforms similar to Polymarket, and they will be specifically for the cryptocurrency market. Many projects are preparing to launch.

[Dave1]

More people are trying to sell some of btc and trade amount as my previews work experience I don't think btc will not break 120$ before the next halving. I Share my experience from using and face this situation Since 2017.

The previous cycle that occurred and has often been used as a reference can also change. The reason is the market's response and adoption regarding the future use of Bitcoin. If in a short time there is a possibility of large-scale adoption of Bitcoin by institutions or other parties, the increase to reach $120,000 could happen sooner. 
However, it is also possible that if the decline is deep enough and the market continues to weaken, there is a chance that Bitcoin will stay below $100,000 for a long time.

It's just a reference, but if you look at it, 2021, it was October when he hit all time high at $69k and same in this cycle, at $126k. So for others, there is a emerging pattern. However, it might be two different cycle though as in this bull run, we have a new all time high before the halving itself.

So everything is still open for interpretation. And we don't know what will December bring to us. We might be still in the bull cycle for all we know if we hit $100k again before the end of the year. If that happens, then it can carry it's momentum till next year.

[Marvell1]

It's just a reference, but if you look at it, 2021, it was October when he hit all time high at $69k and same in this cycle, at $126k. So for others, there is a emerging pattern. However, it might be two different cycle though as in this bull run, we have a new all time high before the halving itself.

So everything is still open for interpretation. And we don't know what will December bring to us. We might be still in the bull cycle for all we know if we hit $100k again before the end of the year. If that happens, then it can carry it's momentum till next year.

To be fair, anything can happen. But Bitcoin's all-time high is $126k, so if Bitcoin rises back above $100k, it's still actually about 20% lower. That gap is still quite large, so without additional signals, we can't rush to conclude that if Bitcoin reaches $100k again, the uptrend will continue into next year.

I don’t know why the $100k mark is considered so important, as many people use it as the boundary between a bull market and a bear market. But I don't think that's a reliable reference point, nor is it a strong enough signal to reverse the market trend.

[Richbased]

Maybe if you had said the price won't break new ATH before next halving I could have seen reasons with you since we might be seeing a bear season appear soon but that does not cancel the fact that we won't see the price appreciating again. Next halving should be around 2028 which is about 2 years from now and you want to tell me that we won't see the price reaching $120k before next halving. 2 years is a long time so I believe that there might be some positive news that can cause the price to rise even above $120k. When we check the price of Bitcoin before last halving which occurred on 20 April 2024, it got an ATH of $73k which was above the ATH of the previous bull run so let's assume that this year's bull run has ended with an ATH of $126, don't you think the price can go above $126k before next halving?

[STT]

Its a bad idea to presume only negative action from here, BTC is volatile enough to prove you wrong.  In any normal asset perhaps, we could assume well the 120k level is too far away and its already sold from there.
  However BTC has a movement which defies gravity of that sort quite often so I think this statement can easily be proved wrong and it may not even take longer then this season to do so.

While we still cannot know for sure [I'm waiting for a breakout], its too negative of a statement to state with any presumed accuracy.

[JeffBrad12]

That's super pessimistic if you think it will never break $120k again, bitcoin has plenty of chance to break $120k again, there's no reason why it shouldn't but it will take time.
I also don't think people will sell that much bitcoin for the upcoming holidays. People don't just liquidate their entire holding like that. They'd sell but selling just some small portion of their holding.

[Futurexxx]

That's super pessimistic if you think it will never break $120k again, bitcoin has plenty of chance to break $120k again, there's no reason why it shouldn't but it will take time.
I also don't think people will sell that much bitcoin for the upcoming holidays. People don't just liquidate their entire holding like that. They'd sell but selling just some small portion of their holding.

Yea, you are actually right, Bitcoin will surely retest and later break above the $120k mark before the next halving, but it's going to take some time. The way Bitcoin has been made popular and how it has gain acceptance by many investors around the world, the chances of top investors dumping their Bitcoin more than they have already done is very low, so I believe that Bitcoin will definitely rise and even set a new all time high, but it's just a matter of time.

[Dave1]

It's just a reference, but if you look at it, 2021, it was October when he hit all time high at $69k and same in this cycle, at $126k. So for others, there is a emerging pattern. However, it might be two different cycle though as in this bull run, we have a new all time high before the halving itself.

So everything is still open for interpretation. And we don't know what will December bring to us. We might be still in the bull cycle for all we know if we hit $100k again before the end of the year. If that happens, then it can carry it's momentum till next year.

To be fair, anything can happen. But Bitcoin's all-time high is $126k, so if Bitcoin rises back above $100k, it's still actually about 20% lower. That gap is still quite large, so without additional signals, we can't rush to conclude that if Bitcoin reaches $100k again, the uptrend will continue into next year.

I don’t know why the $100k mark is considered so important, as many people use it as the boundary between a bull market and a bear market. But I don't think that's a reliable reference point, nor is it a strong enough signal to reverse the market trend.

Any round number is important, as I have said, it a psychological barrier for investors that we need to get over so that we can maintain that bullish sentiments. Just like when we go to $90k'ish again. As you could see when we broke that, you can feel some momentum as we go to $92k.

So the same with that $100k, just imagine you walking up and seeing your portfolio jump again. Sort of feel good price seeing round numbers getting hit and being slice like a butter. Investors love to see that so it is a price that we might defend and hold.

[Iranus]

That's super pessimistic if you think it will never break $120k again, bitcoin has plenty of chance to break $120k again, there's no reason why it shouldn't but it will take time.

The OP said that Bitcoin will never surpass $120k before the next halving, which is in 2028. He never said that bitcoin would never surpass $120k again.

Based on history, what he said isn't wrong, but we don't know if history will repeat itself, or whether the market cycle has changed. Therefore, it would be premature to draw definitive conclusions at this point.

I also don't think people will sell that much bitcoin for the upcoming holidays. People don't just liquidate their entire holding like that. They'd sell but selling just some small portion of their holding.

We are not them, we don't know what they are thinking or wanting, so we cannot make decisions for them. If people weren't selling that much, why could Bitcoin have dropped from $126k to $82k in less than a month?

[YOSHIE]

Just share my experience you can put your experience about your trade and btc life history.

We know that in Bitcoin there is a phenomenon called halving and ATH, this phenomenon occurs in a cycle every four years, from experience that has occurred in the ATH decades until now, Bitcoin had a price of $120k yesterday, yes maybe that was the final price of this halving or a new ATH record.

We can see that there is a series of speculation that was predicted at this time, but instead Bitcoin reversed direction almost 40c from the existing speculation, maybe we don't need to think too much about the price of $120k but sure getting past that price is easy for Bitcoin, maybe not right now but sure it will happen as time goes by.

[Outhue]

Highly possible and many people will end up holding their Bitcoin to the lowest price because they don't want to accept that we have likely top for this cycle already. This is nothing new to me because I have seen this happened twice already, both 2021 top and 2017 top, every good news isn't having any good effect on Bitcoin anymore.

One thing is sure to happen as e slowly go into a more painful beat market, new opportunities will come and if you are smart you will start looking for how to DCA from next year till 2027, this same price action and cycle will keep repeating over and over again but I am not sure what they will use in the next bull market to make Bitcoin value rise even more, I don't think there will be anymore meaningful hypes since ETF is already approved.

[Roseline492]

Christmas is near.
Just share my experience don't take it seriously. I am also waiting to know about your experience!!!......
More people are trying to sell some of btc and trade amount as my previews work experience I don't think btc will not break 120$ before the next halving. I Share my experience from using and face this situation Since 2017.

Just share my experience you can put your experience about your trade and btc life history.

You are the first person on this December to predict a Bitcoin price that will certainly break, on or before then, why those people are selling because of the month we are is because they didn't make plans of there December before now because if I have written out how to spend my December I will run a cost of those things and if they are too much I will exclude some and starts making preparation for other ones in few months before now because as a salary income person you can save up to the amount before then and you don't have to sell your Bitcoin again, however is on the people who are selling and not applicable to everyone because everybody must not spend the Holidays with there Bitcoin money.

[8rch7]

Yesterday Bitcoin break almost $94k and confusing what indicator predicting by OP bitcoin will not break up to $120k during Christmas  moment, I know have many bad news appear during Christmas moment but in this year have been difference how bitcoin slowly raise up back after huge dump last month ago. In my viewed, not really difficult yet for bitcoin back again to $120k if can break $100k just few moment only waiting for bitcoin hit to higher price again.
One important thing, don't comparison with current bitcoin price last several years ago and comparison with this time Christmas moment indeed bitcoin can significant break but I don't sure bitcoin get huge dump. For $120k if comparison current bitcoin price still difficult but I think has chance for bitcoin hit back.

[colinistheman]

Yesterday Bitcoin break almost $94k and confusing what indicator predicting by OP bitcoin will not break up to $120k during Christmas  moment, I know have many bad news appear during Christmas moment but in this year have been difference how bitcoin slowly raise up back after huge dump last month ago. In my viewed, not really difficult yet for bitcoin back again to $120k if can break $100k just few moment only waiting for bitcoin hit to higher price again.
One important thing, don't comparison with current bitcoin price last several years ago and comparison with this time Christmas moment indeed bitcoin can significant break but I don't sure bitcoin get huge dump. For $120k if comparison current bitcoin price still difficult but I think has chance for bitcoin hit back.

Bitcoin hit the $94K yesterday thanks to the news of the interest rate cut,but it also fell back immediately after the news was announced. Even positive news cannot prolong bitcoin's price rise, what do you think will help bitcoin rise again to $100k in the coming days? It seems easy to say, but the reality is that bitcoin has not yet been able to return to $100k, how can it be said that it will easily reach $120k?

Why shouldn't we compare Bitcoin today to Bitcoin a few years ago? What are the differences? I don't see intervention from institutions like Wall Street that has changed the market structure. I see Bitcoin as still the same, the market remains unchanged, not much has changed.

[Jewan420]

Bitcoin is very volatile and unpredictable right now. It is becoming increasingly difficult to predict when it will go. Recently Bitcoin has risen slightly from $90k and is slowly trying to climb higher.

Maybe Bitcoin will slowly reach $100k, but it is completely uncertain where it will go from there. Christmas is coming, so there will be some selling pressure in the market, especially when Bitcoin reaches $100k again. We may see a significant increase next year.

[BABY SHOES]

Bitcoin is very volatile and unpredictable right now. It is becoming increasingly difficult to predict when it will go. Recently Bitcoin has risen slightly from $90k and is slowly trying to climb higher.

Maybe Bitcoin will slowly reach $100k, but it is completely uncertain where it will go from there. Christmas is coming, so there will be some selling pressure in the market, especially when Bitcoin reaches $100k again. We may see a significant increase next year.

Bitcoin will continue to go sideways... because there was no significant movement during the month of December.
When Christmas arrives people always associate there will be great pressure to sell later after Christmas or the holiday season ends bitcoin recovers, but I feel uncertain about this and can only make predictions hoping bitcoin is above $100K again.

[justdimin]

The OP said that Bitcoin will never surpass $120k before the next halving, which is in 2028. He never said that bitcoin would never surpass $120k again.

Based on history, what he said isn't wrong, but we don't know if history will repeat itself, or whether the market cycle has changed. Therefore, it would be premature to draw definitive conclusions at this point.

I would only guess that history will repeat itself. I would not know if 2028 will be the year, because in 2021 we did had one, and we could break 120k again before 2028 if anything like ETF happens, like let's say USA decides to put a trillion in bitcoin as strategic reserve for example, that's not something I am expecting and probably won't happen but if it does then yeah it will go up, and will be there.

If this cycle would be a different from all previous ones like how some people here speculated, then I guess that we do not need to wait until next halving for a new ATH. By considering the adaption rate of bitcoin happening right now, I also believe this cycle would be different where bulls will continue beyond the usual bullish year. We need to wait till end of this month to have any confirmation for the same.

[Swordsoffreedom]

I would agree with you if we were already in a bear market, but I don't think that's the situation right now. Because I believe the market remains the same, the overall market structure hasn't changed much, and when a bear market arrives, it will be as harsh as ever. I don't believe in theories like "this time will be different" just because organizations or companies are involved.

However, I think we haven't entered a bear market yet, and the market's upward momentum hasn't completely disappeared. Therefore, it's too early to say that Bitcoin will never surpass $120k until the next halving.

[bounceback]

If your basis is the 4-year cycle, that's already been broken. You can't rely on it anymore. Around a month prior to the most recent halving, an ATH was already reached. That's the signal. The pattern is already old and obsolete. I'm looking forward to another ATH in 2026.

Bitcoin hit ATH before the halving in this cycle and the reason is because of ETFs involvement. That somewhat makes the bitcoin cycle no longer true but to assert this pattern is outdated and old. We need more data, and more precisely, we need to wait until the end of the year to see if bitcoin is really entering a new cycle or is simply going through a temporary change.

Many people like you believe this time will be different and we will reach ATH in 2026 instead of bear market like other years. However, I think that although things have changed, it is not significant and the market cycle will repeat itself.

Let's wait and see who will be right.

If we analyze the movement of bitcoin prices by referring to the cycle or by relying on the history of past movements, we will indeed say that we have to wait for the next four-year cycle to be able to see a new ATH in bitcoin prices and this analysis is still relevant today, but we need to realize that sometimes other external encouragement or support can also accelerate the price of bitcoin to create a new ATH, for example, if all institutions start adopting bitcoin simultaneously and governments issue regulations that are friendly to bitcoin in all countries, then the factor of this support can also accelerate bitcoin to reach a new ATH without having to wait for the four-year cycle.