Bitcoin New Record 2024 Bitcoin Price Touches 50K

[Power420]

2024 sets new record, Bitcoin rises to highest level since 2023  Investors who have invested in the beginning of 2023 have got double profit at present. Bitcoin price shows signs of further growth after the 2024 halving.

Will the price of Bitcoin increase further before the halving?
Any Opinion?

[Power420]

It is normal for Bitcoin price to fluctuate, so more updated news will be reported here.

[yhiaali3]

Yes, this is the highest number we have seen for Bitcoin in almost two years, but it is not the highest number Bitcoin has reached. We still need a lot to achieve ATH.

This scenario has been expected for some time, as the rise will begin at the beginning of 2024, a few months before the halving, and the rise will continue until after the halving, where it is expected that we will see a new ATH, most likely 100K$ or more.

As for the price of Bitcoin at the present time, I expect it to rise until 52K$ and then make a correction before rising again to new numbers, but I do not expect that we will see large numbers before the halving.

[Papusha20]

2024 sets new record, Bitcoin rises to highest level since 2023  Investors who have invested in the beginning of 2023 have got double profit at present. Bitcoin price shows signs of further growth after the 2024 halving.

Will the price of Bitcoin increase further before the halving?
Any Opinion?

The price of Bitcoin is certainly more likely to rise two to three times during this time than the prices it was fixed at before the halving. The price of Bitcoin in 2020 was 17K dollars, from there it rose to the highest level in 2021, the year after the halving. 69k goes upto 50k this year since the halving price has touched 50k so the possibility of 2 to 3 times increase is very high. So I can guess 100k to 150k bitcoin price will be very likely to touch.

[TomPluz]

Will the price of Bitcoin increase further before the halving?

In my own opinion, there is a big chance that Bitcoin will continue to be climbing up beyond the $50K where it is at present and can be nearing a new ATH before the scheduled halving around April. I am sure this can be the big positive impact of the approved ETFs and the excitement for the halving. Of course, we can expect some mild corrections along the way but the general market sentiment is now very bullish. The market is not anymore listening to some of the pundits are saying and just ignore them for good. the general sentiment is also rubbing on ETH which is likewise making a good climb into the vicinity of $2600 right now. Let's see how many more alts will be following lead by the King. How lucky are those who decided to own more BTC when there was a big dip the last time. It is really so true...buy on the dip and then just hodl so you will be smiling all the way to the bank the bull will be running.

[Agbe]

I was not even aware that the price climbed up to that amount until a friend of mine told me this morning. And when I checked it was $49+k and I was smiling. And yes the price of bitcoin will still increase more than this before the halving and after the halving the price will skyrocket to the All Time High.

[Gurujebs]

2024 sets new record, Bitcoin rises to highest level since 2023  Investors who have invested in the beginning of 2023 have got double profit at present. Bitcoin price shows signs of further growth after the 2024 halving.

Will the price of Bitcoin increase further before the halving?
Any Opinion?

We have more resistance after the 50k that has been broken and we can't tell if the bull are going to continue this pump until they broke every resistance sitting infront of them which is 68k but I think everyone is still contemplating on what will happen, even the bulls are scared of pumping the market anyhow because they don't want to repeat the same mistakes they made in the last bull market.

We even have more time to bull run, more than 2 month is still ahead of us and the recovery is fully done. Once the halving is done, Miners revenue will be halve and they have to rely on Bitcoin to go like 60k on the average or even more before they can profits from this market, we have to wait until then because of their influence in every halving.

[therozaq]

2024 sets new record, Bitcoin rises to highest level since 2023  Investors who have invested in the beginning of 2023 have got double profit at present. Bitcoin price shows signs of further growth after the 2024 halving.

Will the price of Bitcoin increase further before the halving?
Any Opinion?

In my opinion   bitcoin  will increase again , touch  $ 60K before halving and  there are several corrections after halving.
It's good movement.
Someone even predict bitcoin will touch $ 170K new ATH, I agree with this.  And maybe it will happen at the beginning of the year.

[Jamal Aezaz]

It is a happiest moment for all bitcoin holders that it touched 50k$ recently and if we says that price will continuously pump till halving and we will not see dump again then this will be our big mistake because regular changing in price of Bitcoin is normal part.

Of course we will see more pump but to what extent there will be a pump is unknown but halving price will be more than 50k$. When bitcoin attained 69k$ so after that pump we never saw such a huge achievement like that of 50k$ in past but current year is showing good news to all of us. We have firm believe about its further pump but it is not easy to predict that what type of price we will examine although after little dump we will see huge pump till halving.

[Carbitcoin]

It is a happiest moment for all bitcoin holders that it touched 50k$ recently and if we says that price will continuously pump till halving and we will not see dump again then this will be our big mistake because regular changing in price of Bitcoin is normal part.

Of course we will see more pump but to what extent there will be a pump is unknown but halving price will be more than 50k$. When bitcoin attained 69k$ so after that pump we never saw such a huge achievement like that of 50k$ in past but current year is showing good news to all of us. We have firm believe about its further pump but it is not easy to predict that what type of price we will examine although after little dump we will see huge pump till halving.

all those who used to ridicule Bitcoin are now complaining about its shortage. 
 BTC and other cryptocurrencies are showing incredible growth in value, they are also gradually pushing us towards a new financial system that can truly be free from old paradigms.

[DabsPoorVersion]

Will the price of Bitcoin increase further before the halving?
Any Opinion?

We will never know until it happens. I mean, the price of Bitcoin can rise further than expected if there are more good news and there's demand for the halving event. There are some people who think that the recent increase in the price of Bitcoin is only because of the approval of the Bitcoin ETF. Even then, correction might still occur anytime, or it is still possible for the price to continue to rise. However, we shouldn't rely on that and always expect the unexpected. Bitcoin price is still unpredictable.

[Dr.Bitcoin_Strange]

I feel that this is a good sign that the bull market will really give a huge pump. From my speculation, I think that Bitcoin may be able to go above $55k before or after the halving.

If Bitcoin will go above $100k during the peak of the bull market which may happen next year, then I think it will still be an advantage to those investors who will buy now.

Last  price surge  which happend last month, made the price to reach $57k+ and this time it got to $50k, I believe that next pump will be $55k - $60k.

[Baofeng]

And this is just the beginning guys, we barely scratch the surface of this bull run that is about to occur this year. I have a feeling that we will break the previous ATH and then established a new one for this year.

But its not the end of it, the real ATH could still happen in 2025, maybe in the last 2 quarters of that year.

So let's just enjoy seeing the price again at $50k. It was long coming, from a lowest low of $15,500 in 2022, now we are up to 17% this month alone. That is a huge jump already. But just like a said, more things to come in the future for us, specially after the halving.

[Yamane_Keto]

The price did not hold above $50,000 until yesterday’s close, which is a bearish signal, or at least that the price momentum is not sufficient to breach the resistance level at $52,000, which means that we will retreat to test $48,000 again.


I don't want you to get your hopes up too much, but I still think a fair price is the 30-day moving average (MA), so $52,000 is probably the highest we'll get right now.

[Bitcoin_people]

2024 sets new record, Bitcoin rises to highest level since 2023  Investors who have invested in the beginning of 2023 have got double profit at present. Bitcoin price shows signs of further growth after the 2024 halving.

Will the price of Bitcoin increase further before the halving?
Any Opinion?

In 2023, the price of Bitcoin was very low and the price did not increase much. Investors who bought and held Bitcoin at that time have now reaped huge profits in 2024. However, we know that the price of Bitcoin has faced a lot of dumping in the last two years, but it has touched $50,000 again after two years, which is the highest increase since the beginning of 2024. But it is certain that half of us are waiting ahead and regardless of this Bitcoin price is increasing so much and will increase more in the days to come. Bitcoin may touch $70000 before the halving and I can't say for sure but I have a feeling.