Those who follow previous Bitcoin cycles will know that Bitcoin was not able to break the ATH until several months after halving, and this pattern was repeated frequently in all previous cycles. What will happen if it is broken this time, and how will it affect after halving prediction trends?
And this, really happens. BTC passes ATH, much more, before its halving.
And in fact, this really happened and broke the cycle, the normal cycle I meant.
The probability is there. This may affect how the Bitcoin price prediction, not only about the new ATH rate of Bitcoin but also the time it will happen. Anyway, the new ATH for BTC this time is $73,750.07 based on CMC data that happened in March 14, 2024.
https://coinmarketcap.com/currencies/bitcoin/There was a rejection once it did able to touch up its ATH on which it dropped on $62k but we've seen that it do fastly recovers on which we can definitely say that we are on a bullish sentiment
This is actually normal, right? when there's market correction after the high increase of Bitcoin this time? I mean that BTC price could touch $73,750.07 as its ATH. But, after a few days, it experienced a price correction, which has continued to this day. Price movements are still quite controlled, the up and down is still quite significant. It's just that, it seems like the market correction this time will last longer. Does that mean BTC will only surpass its ATH again when it approaches the halving or after the halving?