Altcoins Talks - Cryptocurrency Forum
Crypto Discussion Forum => Cryptocurrency Trading => Cryptocurrency Price Speculations => Topic started by: Gposas on August 29, 2024, 08:36:18 PM
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Historically tracing back from 2016/2017 when the value of BTC started counting it's price in thousands, BTC rose from $900 in 2016 to $1000 in 2017. Mid May 2017, it surpassed $2000 and flew to over $19000 during December period, BTC followed this trend through 2018 and 2019 until it experienced a significant price drop by mid-December, 2019 to about $6600.
During 2020, there was economic distress due to COVID-19 pandemic BTC opened the year with $7000 and at the end of November, BTC was trading $18300. December, 2020 BTC touched $28900, experiencing an increase throughout the year.
At the beginning of 2021, BTC price rose above the trend of the previous year climbing above $40000 and by April 2021, it touched a new ATH of over $60000, touching a peak of $64800. November 2021it touched $69000 and fell below $47000 in December period.
Duration between January and May 2022, BTC price continued to decline gradually falling further to $29000 on May, 2022.
As of 2023, BTC started the year with $16500 and rose consistently through the year, closing the year with about $42000.
On this year 2024, BTC attained a new ATH of over $73000 during the month of March which is the highest peak ever recorded in the History of the Crypto World. After this we all saw a great decline in price caused by much sell off of investors popularly referred to as "Bloodbath in Satoshi Street" and this caused a great drop in price of all altcoins and also a significant drop in marketcap.
BTC price dropped to $49000 and of today BTC price touched $60000.
With the situation of things, factors determining market price and the market trend can BTC beat the ATH it has attained before the end of the year?
Your thoughts will be highly appreciated.
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The all-time high price of Bitcoin is not more than $74000. Bitcoin got to $61000 today. After it fell below $50000 to $48900, it increase back to $65000 not long after. To increase from $60000 to all-time high before the end of this year is very possible with how volatile bitcoin is. If it does not happen like that, I believe next year would be very good for people that expect bull run and I still think $100000 is still very possible.
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No one can guarantee it but the possibility of making a new ATH in 2024 is very low as Bitcoin has already crossed its previous ATH and gone down again. And since the Bitcoin market has gradually behaved negatively, a great expectation on Bitcoin is gradually diminishing. But if Bitcoin price makes a new ATH by the end of 2024, it won't be above $80k. We expect Bitcoin price to hit $100k very soon but it may be next 4 years when then another four year circle will complete
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No one can guarantee it but the possibility of making a new ATH in 2024 is very low as Bitcoin has already crossed its previous ATH and gone down again. And since the Bitcoin market has gradually behaved negatively, a great expectation on Bitcoin is gradually diminishing. But if Bitcoin price makes a new ATH by the end of 2024, it won't be above $80k. We expect Bitcoin price to hit $100k very soon but it may be next 4 years when then another four year circle will complete
Bitcoin has historically moved in four-year cycles, often tied to its halving events. These cycles typically include a strong bull run followed by a bear market. If history repeats itself, the next major bull run could occur after the 2024 halving, but reaching new all-time highs
ATH within that timeframe remains uncertain.
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its very possible maybe around Oct to Dec the price could go up more than 75K, that's already another ATH. but why does it matter to you that it has to happen this year or not? if the ATH is achieved next year, you will lost something?
it might happen since this year is a halving year and it usually happen after. we still have 4 months left for this happen. while the market hasn't calm down yet and like anyone who will have a safe speculation, 50/50 chance. ;D
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Ahh, my head is feeling somewhat dizzy.. But still, I've got a dream that we are gonna hit a new ATH for sure before the end of 2024 and that might even shock most of the speculators as well. HAha jokes aside, I'm kind of confident about a new ATH before the end of 2024, my early speculation was and still I'm pretty confident that the market is gonna hit 80k before the end of the year and there are some new developments and it might even lead this ATH to a surprising level.
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its very possible maybe around Oct to Dec the price could go up more than 75K, that's already another ATH...
In my opinion it's a good prediction
I believe that from October to December BTC could rise, reaching ATH, and 75k doesn't seem so difficult
The conditions are good, the MTGox problem is almost over, Grayscale people already changed to another ETFs, and I'm even a little more optimistic and think 80k is possible to reach
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With the situation of things, factors determining market price and the market trend can BTC beat the ATH it has attained before the end of the year?
Your thoughts will be highly appreciated.
If we are to look from history on how the performance of bitcoin use to be after every halving, we will by now want the market to be trading above the ATH it attained in the last cycle. This shows that history is not perfect to predict the price of bitcoin but other factors needs to be considered too. My prediction is that it can beat the ATH or trade close to that price by end of the year.
its very possible maybe around Oct to Dec the price could go up more than 75K, that's already another ATH. but why does it matter to you that it has to happen this year or not? if the ATH is achieved next year, you will lost something?
Maybe OP wants to see an improved movement of the market by end of the year to have a good conviction that what they’ve invested in will be in profit by that time. The market is unpredictable but seeing bitcoin trading at a new ATH by end of the year will put a smile on many investors face.
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No one can guarantee it but the possibility of making a new ATH in 2024 is very low as Bitcoin has already crossed its previous ATH and gone down again. And since the Bitcoin market has gradually behaved negatively, a great expectation on Bitcoin is gradually diminishing. But if Bitcoin price makes a new ATH by the end of 2024, it won't be above $80k. We expect Bitcoin price to hit $100k very soon but it may be next 4 years when then another four year circle will complete
I don't want us to force the market to do what it can't do naturally. The past manipulation of price to a certain price end in one way and that's heavy dump from bag holders which gave more panic sell to the market, I don't want to see such happening because some people just want to prove a point actually because it wouldn't stablize in that price.
I don't care if it will take more time to realize such price, so be it as long as we can have Bitcoin trading about $60k with so much confidence, we can see the same here too at $80k too because it will definitely be normalize after it has taken enough selling pressure severally.
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Ahh, my head is feeling somewhat dizzy.. But still, I've got a dream that we are gonna hit a new ATH for sure before the end of 2024 and that might even shock most of the speculators as well. HAha jokes aside, I'm kind of confident about a new ATH before the end of 2024, my early speculation was and still I'm pretty confident that the market is gonna hit 80k before the end of the year and there are some new developments and it might even lead this ATH to a surprising level.
I also have the same thoughts and predictions as you, bitcoin is likely to reach a new ATH before the end of 20245, and the number I estimate is $80K or more. We are expecting too much, but looking at the market movement and according to bitcoin's habits after halving, it seems like our prediction will come true by the end of this year. Let's see
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The market is gettng nuts. Just yesterday the price reach 64k and then today the market sends the price to 58k.
Who knows what news we get next days because one more FUD like Trump idcted again because of the new NFTs he released might make prices down that it will be impossible to touch new ATH before 2025.
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its very possible maybe around Oct to Dec the price could go up more than 75K, that's already another ATH. but why does it matter to you that it has to happen this year or not? if the ATH is achieved next year, you will lost something?
;D
I likely may not loss in a way but following analysis and watching the BTC trend, analyst always advice to HODL even when price is going down dip and fund start indicating red instead of green. As for those of us that were so eager to even purchase BTC when it's price was around $70000, we are hoping that it reaches a new ATH before the year ends.
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No one can guarantee it but the possibility of making a new ATH in 2024 is very low as Bitcoin has already crossed its previous ATH and gone down again. And since the Bitcoin market has gradually behaved negatively, a great expectation on Bitcoin is gradually diminishing. But if Bitcoin price makes a new ATH by the end of 2024, it won't be above $80k. We expect Bitcoin price to hit $100k very soon but it may be next 4 years when then another four year circle will complete
Absolutely correct no one can tell about it’s price perfectly. But i also think it is not impossible, everything is possible in cryptocurrency market. We saw few month ago in this year Bitcoin price goes new ATH which was highest price in bitcoin history.
But my personal analyses within this yeas bitcoin will not go for new ATH. I think Bitcoin price will hit new ATH forst of 2025.We have to wait till then to see what will happen.
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its very possible maybe around Oct to Dec the price could go up more than 75K, that's already another ATH. but why does it matter to you that it has to happen this year or not? if the ATH is achieved next year, you will lost something?
;D
I likely may not loss in a way but following analysis and watching the BTC trend, analyst always advice to HODL even when price is going down dip and fund start indicating red instead of green. As for those of us that were so eager to even purchase BTC when it's price was around $70000, we are hoping that it reaches a new ATH before the year ends.
Holding is the right thing to do if you have free funds to do so, but for me who has limited funds and has many life needs, I decided to do short and medium term trading. Because I need income and to enlarge my coin collection, so I don't just buy and hold coins that I believe will give me profit.
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its very possible maybe around Oct to Dec the price could go up more than 75K, that's already another ATH. but why does it matter to you that it has to happen this year or not? if the ATH is achieved next year, you will lost something?
;D
I likely may not loss in a way but following analysis and watching the BTC trend, analyst always advice to HODL even when price is going down dip and fund start indicating red instead of green. As for those of us that were so eager to even purchase BTC when it's price was around $70000, we are hoping that it reaches a new ATH before the year ends.
Holding is the right thing to do if you have free funds to do so, but for me who has limited funds and has many life needs, I decided to do short and medium term trading. Because I need income and to enlarge my coin collection, so I don't just buy and hold coins that I believe will give me profit.
Isn't it possible that you can make a profit from trading and use it to buy bitcoins for long-term holding, because right now it is still good to buy and collect bitcoins because the bullish season is still a long way off, which is predicted to possibly happen next year.
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Too much expectation, we reached new ATH this year, so i won't expect it with another one for this coming 3 months, but i expect the bounce back at least $69k. Well, who knows, it will be a win-win to all if we got a new ATH after all.
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With the situation of things, factors determining market price and the market trend can BTC beat the ATH it has attained before the end of the year?
Your thoughts will be highly appreciated.
It's hard to say for sure, since it's really hard to correctly or accurately predict what bitcoin will do next in terms of price, so we generally cannot say for sure whether or not, bitcoin will see a new all time high price before this year is over.
But then, if I must say something, I did say it's unlikely, realistically speaking, I do not think that the price of bitcoin will see a new all time high before the end of 2024, and this is because we all know that during festive periods, there are always some kind of sell offs, so that people get money to celebrate both christmas and new year, most holders might want to cash in on their bitcoin during that time, which may cause price to either drop or stay stagnant depending on the ratio of buys and sells.
But by early 2025, I expect bitcoin to reach a new all time high, and possibly a major bull run..
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It's hard to say for sure, since it's really hard to correctly or accurately predict what bitcoin will do next in terms of price, so we generally cannot say for sure whether or not, bitcoin will see a new all time high price before this year is over. But by early 2025, I expect bitcoin to reach a new all time high, and possibly a major bull run..
While many of us are hoping for a new ATH this year, we are seeing the big reality of things happening in the crypto market right now...that there is a big possibility to better make a bet in 2025 that aside from a new ATH Bitcoin will finally be able to win over the $100K prize and maybe even make it into $150K. However, we really don't know what can be and when will those expectations/hope will come true. In other words, we better continue on HODLING who knows we might be having a big surprise soon. Now, big bull run please come so we will all be smiling our way to the bank.
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its very possible maybe around Oct to Dec the price could go up more than 75K, that's already another ATH. but why does it matter to you that it has to happen this year or not? if the ATH is achieved next year, you will lost something?
;D
I likely may not loss in a way but following analysis and watching the BTC trend, analyst always advice to HODL even when price is going down dip and fund start indicating red instead of green. As for those of us that were so eager to even purchase BTC when it's price was around $70000, we are hoping that it reaches a new ATH before the year ends.
Holding is the right thing to do if you have free funds to do so, but for me who has limited funds and has many life needs, I decided to do short and medium term trading. Because I need income and to enlarge my coin collection, so I don't just buy and hold coins that I believe will give me profit.
Isn't it possible that you can make a profit from trading and use it to buy bitcoins for long-term holding, because right now it is still good to buy and collect bitcoins because the bullish season is still a long way off, which is predicted to possibly happen next year.
So we can get money from anywhere, trading or joining bounties and airdrops, so there is no need to worry about getting capital, even though we only get a small amount but with the DCA method we can buy coins and add to our collection of crypto assets.
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With the situation of things, factors determining market price and the market trend can BTC beat the ATH it has attained before the end of the year?
Your thoughts will be highly appreciated.
I am quite impressed by your knowledge of the history of BTC-price-wise. I mean, I sometimes find it harder to remember last month's news that I have to search it on Google with the keywords I still have in mind, and you remember all this information or did you research it? I assume you researched it as I don't think any other way. I mean, you haven't been in the market since 2016, or do you?
Overall, the overview of the market in the sense you have shown will make the prediction and behavior of the BTC easier to understand. I mean, one can think wisely and broadly with such information. Although I had some of the knowledge you mentioned above.
In my POV market, It will make another new ATH maybe by 2024 or in the first 1 or 2 quarters of the 2025
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Not really sure of how to reply this, but I think Bitcoin can of course hit and maybe surpass it's currently ATH. My reason is that, Bitcoin works well with certain activities, news or rumors that can trigger massive price increase within a very short period of time. I still remember vividly of how Bitcoin price was dangling around $35-40K sometime late last year and earlier this year. But with the approval of the spot Bitcoin ETF, Boom!!, Bitcoin price went crazy after weeks of trying to resist the ETF anticipation and approval. Since then, I think the least mean range of dip we've experienced is around $50K. So, I think any activity or rumor, can give us a good price within hours, maybe even surpassing it's current ATH.
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Isn't it possible that you can make a profit from trading and use it to buy bitcoins for long-term holding, because right now it is still good to buy and collect bitcoins because the bullish season is still a long way off, which is predicted to possibly happen next year.
I am not a good trader, just doing spot trading and taking a little profit from the increase in the coins I buy. Because becoming a great professional trader is not easy. I focus more on bounties and following some airdrops. Right now it is still good to buy coins that we think will experience good movements in the next year, do research and be careful
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There is a high possibility but there is no exact answer to this actually but let us just observe how Bitcoins performance will affect the price in the coming days especially this last quarter of the year but if it won't happen this year maybe it has a chance in 2025 not sure what quarter we will experience that ATH but better to buy now in anticipation to that.
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Too much expectation, we reached new ATH this year, so i won't expect it with another one for this coming 3 months, but i expect the bounce back at least $69k. Well, who knows, it will be a win-win to all if we got a new ATH after all.
Only focus on repurchases and although the ATH has not been achieved for this year, hopefully next year can achieve it.
Now we just need to focus on filling our bags fully for ATH preparation later.
The benefits will come to those who continue to believe in Bitcoin and are consistent in accumulating at a price that is still cheap.
It must be remembered that in the past, when bitcoin fell or dumped, it was always underestimated and said to be ZERO,
but in fact Bitcoin was able to reach ATH and make the whole world uproar with an extraordinary increase
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Too much expectation, we reached new ATH this year, so i won't expect it with another one for this coming 3 months, but i expect the bounce back at least $69k. Well, who knows, it will be a win-win to all if we got a new ATH after all.
Only focus on repurchases and although the ATH has not been achieved for this year, hopefully next year can achieve it.
Now we just need to focus on filling our bags fully for ATH preparation later.
The benefits will come to those who continue to believe in Bitcoin and are consistent in accumulating at a price that is still cheap.
It must be remembered that in the past, when bitcoin fell or dumped, it was always underestimated and said to be ZERO,
but in fact Bitcoin was able to reach ATH and make the whole world uproar with an extraordinary increase
yes learning from past experiences, bitcoin is always underestimated and considered to be going to zero but in fact the price of bitcoin is getting more expensive. We should stay focused for next year because this year we can only buy to add to our coin collection which we will target to sell high next year and don't forget to do trading
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Too much expectation, we reached new ATH this year, so i won't expect it with another one for this coming 3 months, but i expect the bounce back at least $69k. Well, who knows, it will be a win-win to all if we got a new ATH after all.
Only focus on repurchases and although the ATH has not been achieved for this year, hopefully next year can achieve it.
Now we just need to focus on filling our bags fully for ATH preparation later.
The benefits will come to those who continue to believe in Bitcoin and are consistent in accumulating at a price that is still cheap.
It must be remembered that in the past, when bitcoin fell or dumped, it was always underestimated and said to be ZERO,
but in fact Bitcoin was able to reach ATH and make the whole world uproar with an extraordinary increase
yes learning from past experiences, bitcoin is always underestimated and considered to be going to zero but in fact the price of bitcoin is getting more expensive. We should stay focused for next year because this year we can only buy to add to our coin collection which we will target to sell high next year and don't forget to do trading
Well, at the beginning many thought Bitcoin and other cryptocurrencies were simply worthless but they are actually very valuable. In fact, owning bitcoins or any type of crypto currency is a long term investment and an unambitious plan. When finding value for money, as used in Porter’s strategic value proposition model, potential future profits could be optimised by focusing on key activities in purchases and trading. Therefore make sure wherever you invest, you always analyse the situation and check the risks.
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yes learning from past experiences, bitcoin is always underestimated and considered to be going to zero but in fact the price of bitcoin is getting more expensive. We should stay focused for next year because this year we can only buy to add to our coin collection which we will target to sell high next year and don't forget to do trading
Yes, you can trade if you want, but if you don't have the ability to do a good analysis then I recommend just buying and holding. Bitcoin will be more profitable for the long term, but if I want to trade, I will have the top altcoins with a large volume.
And don't forget that any bitcoin price movement will affect all altcoins, and thus Bitcoin becomes the main reference whether altcoins will go up or down.
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Re: Can BTC Reach a New ATH before the end of 2024?
The month of August has ended with Bitcoin down -8.64%.
Based on history as well, Bitcoin's price on the month of September for the past 11 years has an average of -4.78% although Bitcoin's price last year ended up in green for the same month, most ended up as red. You can see it here: https://www.coinglass.com/today
I'm optimistic towards Bitcoin for this year and I still believe that we will surpass it's previous high of $72,000 maybe by the 4th quarter of the year. I'm pretty sure many here are also waiting for that moment to happen. Still it's a good time to buy Bitcoin in preparation of for the upcoming bull run.
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Too much expectation, we reached new ATH this year, so i won't expect it with another one for this coming 3 months, but i expect the bounce back at least $69k. Well, who knows, it will be a win-win to all if we got a new ATH after all.
Well, from the way things seem to be going, I also do not think that Bitcoin will reach another all time high this year, but then, the chances of a new all time high can indeed increase significantly if like many are speculating, the much awaited bull run kicks off before the end of October or by beginning of November, then it's highly possible that we might see bitcoin record or reach a new all time high even before the year comes to an end, > and this is very possible because the current price of bitcoin is not too far from its previous all time high, So, reaching there should be a piece of cake.
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Too much expectation, we reached new ATH this year, so i won't expect it with another one for this coming 3 months, but i expect the bounce back at least $69k. Well, who knows, it will be a win-win to all if we got a new ATH after all.
Well, from the way things seem to be going, I also do not think that Bitcoin will reach another all time high this year, but then, the chances of a new all time high can indeed increase significantly if like many are speculating, the much awaited bull run kicks off before the end of October or by beginning of November, then it's highly possible that we might see bitcoin record or reach a new all time high even before the year comes to an end, > and this is very possible because the current price of bitcoin is not too far from its previous all time high, So, reaching there should be a piece of cake.
The highest point of bitcoin may be reached early next year, but we may see signs of a bull run starting in November and December later this year. New ATH may be reached later this year, but TOP ATH is likely to occur early next year.
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Bitcoin is one of the best valuable crypto in cryptocurrency market. But if now-a-days we can see that bitcoin price is down. Sometimes we saw that bitcoin price is high, another we also saw that bitcoin price is very high. Before few day's ago, when bitcoin price is low,than we will be very disappointed in cryptocurrency market. But nest time it gradually increase. So i believe that end of 2024 bitcoin price will increase gradually, and i also think it’s price will cross $80k. So we must be wait for until bitcoin reach in best valuable stage.
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Bitcoin is one of the best valuable crypto in cryptocurrency market. But if now-a-days we can see that bitcoin price is down. Sometimes we saw that bitcoin price is high, another we also saw that bitcoin price is very high. Before few day's ago, when bitcoin price is low,than we will be very disappointed in cryptocurrency market. But nest time it gradually increase. So i believe that end of 2024 bitcoin price will increase gradually, and i also think it’s price will cross $80k. So we must be wait for until bitcoin reach in best valuable stage.
However, the current levels of bitcoin price should not be blown as a result of the current price drop. That is why it is wise to retain some capital out of which you can use to buy some more bitcoin. It is good for a buyer to get a bitcoin at cheap prices in a certain market condition. When Digital currency technology is increasing in the future I am very much confident that Bitcoin will be very much pricy in the next few years.
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Bitcoin is one of the best valuable crypto in cryptocurrency market. But if now-a-days we can see that bitcoin price is down. Sometimes we saw that bitcoin price is high, another we also saw that bitcoin price is very high. Before few day's ago, when bitcoin price is low,than we will be very disappointed in cryptocurrency market. But nest time it gradually increase. So i believe that end of 2024 bitcoin price will increase gradually, and i also think it’s price will cross $80k. So we must be wait for until bitcoin reach in best valuable stage.
However, the current levels of bitcoin price should not be blown as a result of the current price drop. That is why it is wise to retain some capital out of which you can use to buy some more bitcoin. It is good for a buyer to get a bitcoin at cheap prices in a certain market condition. When Digital currency technology is increasing in the future I am very much confident that Bitcoin will be very much pricy in the next few years.
Current levels is way below our expectations, and probably that's where many weak hands have been selling . Hopefully though, they will comeback on the market again and re-buy.
Maybe they are just reserving their capital for now and doesn't want to buy because they think that the market will continue to decline to even in the range of $45k'ish because that's what I see on some posts that it will go lower than that.
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Current levels is way below our expectations, and probably that's where many weak hands have been selling . Hopefully though, they will comeback on the market again and re-buy.
Maybe they are just reserving their capital for now and doesn't want to buy because they think that the market will continue to decline to even in the range of $45k'ish because that's what I see on some posts that it will go lower than that.
I'm not sure that Bitcoin will be able to fall so much this season) someone is deliberately not letting Bitcoin grow and is waiting for some news so that it happens much stronger than the growth that we see now, this news can only be if some very famous person something (again, generalization)) and a large purchase of Bitcoins begins that will not be related to the time of year.
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Bitcoin is one of the best valuable crypto in cryptocurrency market. But if now-a-days we can see that bitcoin price is down. Sometimes we saw that bitcoin price is high, another we also saw that bitcoin price is very high. Before few day's ago, when bitcoin price is low,than we will be very disappointed in cryptocurrency market. But nest time it gradually increase. So i believe that end of 2024 bitcoin price will increase gradually, and i also think it’s price will cross $80k. So we must be wait for until bitcoin reach in best valuable stage.
::) What? I cant get what are you trying to say as price action follows the pattern so why get disappointed, also I'm sure you are not native English, like me, but you can use some grammar tools to increase the efficiency of fluency, and grammar in your posts. TBH I am quite confident on this figure of 80k and I've mentioned it many times in my posts so still lets see what is gonna happen next to it.
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its very possible maybe around Oct to Dec the price could go up more than 75K, that's already another ATH. but why does it matter to you that it has to happen this year or not? if the ATH is achieved next year, you will lost something?
it might happen since this year is a halving year and it usually happen after. we still have 4 months left for this happen. while the market hasn't calm down yet and like anyone who will have a safe speculation, 50/50 chance. ;D
The market is difficult to predict, but the hope of every BTC owner is to reach a new ATH. If BTC was able to break through $70k yesterday at the beginning of the year, then at the end of the year BTC could reach a new ATH of $99k, that's enough, it doesn't have to reach $100k, because every BTC achievement is highly appreciated.
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With the situation of things, factors determining market price and the market trend can BTC beat the ATH it has attained before the end of the year?
I guess, there's still some chance that Bitcoin might reach a new ATH in the end of this year but let's suppose if that doesn't happen then I'm pretty sure that we may see another ATH in 2025 for sure.
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I'm not sure that Bitcoin will be able to fall so much this season) someone is deliberately not letting Bitcoin grow and is waiting for some news so that it happens much stronger than the growth that we see now, this news can only be if some very famous person something (again, generalization)) and a large purchase of Bitcoins begins that will not be related to the time of year.
Any scenario could play out in the future, including BTC potentially reaching a new ATH above $74K or dropping back to $30K next month. The FED interest rate cuts could be either positive or negative news depending on investor sentiment, in the worst-case scenario, a final sell-off could be triggered to allow whales to accumulate more BTC for their accounts before the crypto market enters a bullrun.
Returning to the topic, I think BTC could easily reach a new ATH, even approaching $100K in 2024, as Q4 is typically a very good period for the growth of BTC and the crypto market. The accumulation phase has been ongoing for the past 5 months, the compression has been tight enough, and the bullrun could explode when all the necessary conditions are met in terms of time and cash flow.
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I'm not sure that Bitcoin will be able to fall so much this season) someone is deliberately not letting Bitcoin grow and is waiting for some news so that it happens much stronger than the growth that we see now, this news can only be if some very famous person something (again, generalization)) and a large purchase of Bitcoins begins that will not be related to the time of year.
Any scenario could play out in the future, including BTC potentially reaching a new ATH above $74K or dropping back to $30K next month. The FED interest rate cuts could be either positive or negative news depending on investor sentiment, in the worst-case scenario, a final sell-off could be triggered to allow whales to accumulate more BTC for their accounts before the crypto market enters a bullrun.
I think if the FED interest rate cuts below, then it could be big positive news for us and it could push the price even higher. Others says that even the result of the debate has big impact of the price, as we have reach $58,000 and could be getting into $60,000 is everything works well for us this month.
Returning to the topic, I think BTC could easily reach a new ATH, even approaching $100K in 2024, as Q4 is typically a very good period for the growth of BTC and the crypto market. The accumulation phase has been ongoing for the past 5 months, the compression has been tight enough, and the bullrun could explode when all the necessary conditions are met in terms of time and cash flow.
It might not be that easy, I mean if we consider prior halving and reaching $100,000 in 2024 or it could be the peak of it's bull run, it's a very rough road. There could be a lot of humps along the way and so with that, we should be very resilient at least and have the mental toughness to just hold unless we see that the price is moving on the positive direction.
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It might not be that easy, I mean if we consider prior halving and reaching $100,000 in 2024 or it could be the peak of it's bull run, it's a very rough road. There could be a lot of humps along the way and so with that, we should be very resilient at least and have the mental toughness to just hold unless we see that the price is moving on the positive direction.
I might think that Bitcoin might be able to print a new ATH at the end of 2024, it all depends on how the price movement in Q4 will start in October which is usually known as the month when the positive trend starts again.
However, it might not reach $100k right away. However, I think if it has passed its ATH, it is already very good, for example if it can reach $80k, that is also a very good price movement before the peak season.
Maybe later some big news, especially about the US Presidential election, will also have a big influence on the movement of crypto prices. Usually, that's the case if there is a really good moment and involves many people and interests.
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A new ath is possible before the end of the year, but currently crypto and world events do not favor that, but things change very quickly in the network. Right now BTC is finding it hard to break the $60k resistance and move closer to $70k, it could happen before the end of the year, but we would need positive events to favor that. However, do not be worried by fud, be patient and hold.
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Sure it can. But I suspect the election will have a lot to do with it. (I mean the election in the USA).
Whoever wins, it doesn't matter, it's going to send Bitcoin very high up from where it currently is now, because there is not a lot of resistance left between the current $57K price and the 70-something thousand all time high. And it wouldn't surprise me to see it stay there this time.
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Historically tracing back from 2016/2017 when the value of BTC started counting it's price in thousands, BTC rose from $900 in 2016 to $1000 in 2017. Mid May 2017, it surpassed $2000 and flew to over $19000 during December period, BTC followed this trend through 2018 and 2019 until it experienced a significant price drop by mid-December, 2019 to about $6600.
During 2020, there was economic distress due to COVID-19 pandemic BTC opened the year with $7000 and at the end of November, BTC was trading $18300. December, 2020 BTC touched $28900, experiencing an increase throughout the year.
At the beginning of 2021, BTC price rose above the trend of the previous year climbing above $40000 and by April 2021, it touched a new ATH of over $60000, touching a peak of $64800. November 2021it touched $69000 and fell below $47000 in December period.
Duration between January and May 2022, BTC price continued to decline gradually falling further to $29000 on May, 2022.
As of 2023, BTC started the year with $16500 and rose consistently through the year, closing the year with about $42000.
On this year 2024, BTC attained a new ATH of over $73000 during the month of March which is the highest peak ever recorded in the History of the Crypto World. After this we all saw a great decline in price caused by much sell off of investors popularly referred to as "Bloodbath in Satoshi Street" and this caused a great drop in price of all altcoins and also a significant drop in marketcap.
BTC price dropped to $49000 and of today BTC price touched $60000.
With the situation of things, factors determining market price and the market trend can BTC beat the ATH it has attained before the end of the year?
Your thoughts will be highly appreciated.
If I base it on the historical price of Bitcoin, first of all, we have not really experienced the so-called bull run on Bitcoin. We are currently in bull season, which means we are far from a bear market. The altcoins season hasn't even happened yet; before the rally for bitcoin happens, it's the altcoins season first, although that will only happen for a while, and after that it's really a bull run.
Therefore, the ATH of bitcoin, in my opinion, will not happen this last month of 2024; instead, it will happen next year, 2025, and we just don't know which month because none of us really know, so just assess it; that's just your opinion or speculation.
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No one can guarantee it but the possibility of making a new ATH in 2024 is very low as Bitcoin has already crossed its previous ATH and gone down again. And since the Bitcoin market has gradually behaved negatively, a great expectation on Bitcoin is gradually diminishing. But if Bitcoin price makes a new ATH by the end of 2024, it won't be above $80k. We expect Bitcoin price to hit $100k very soon but it may be next 4 years when then another four year circle will complete
Absolutely correct no one can tell about it’s price perfectly. But i also think it is not impossible, everything is possible in cryptocurrency market. We saw few month ago in this year Bitcoin price goes new ATH which was highest price in bitcoin history.
But my personal analyses within this yeas bitcoin will not go for new ATH. I think Bitcoin price will hit new ATH forst of 2025.We have to wait till then to see what will happen.
FUD and FOMO play a big factor in the market, so it really depends on the kind of news that we are going to have headed to the end of this year, so its better to check the news that's coming, and if we can have an insight on this news, the better, I share your opinion, even though I am very bullish on Bitcoin, that an all time high will happen next year.
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FUD and FOMO play a big factor in the market, so it really depends on the kind of news that we are going to have headed to the end of this year, so its better to check the news that's coming, and if we can have an insight on this news, the better, I share your opinion, even though I am very bullish on Bitcoin, that an all time high will happen next year.
Yes I also think so, ATH will probably happen next year and for now Bitcoin is still consolidating to find its lowest point as a foothold to go higher.
Of course everyone expects it to happen sooner as it is by the end of the year, but it depends on how the current trend works.
Because the Bitcoin market is not stable enough and even touches in the $50k++ price area again.
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FUD and FOMO play a big factor in the market, so it really depends on the kind of news that we are going to have headed to the end of this year, so its better to check the news that's coming, and if we can have an insight on this news, the better, I share your opinion, even though I am very bullish on Bitcoin, that an all time high will happen next year.
Yes I also think so, ATH will probably happen next year and for now Bitcoin is still consolidating to find its lowest point as a foothold to go higher.
Of course everyone expects it to happen sooner as it is by the end of the year, but it depends on how the current trend works.
Because the Bitcoin market is not stable enough and even touches in the $50k++ price area again.
There was a news I had from a station that bitcoin would hit back 70k before this month ends although I am still wondering why how this could be possible, now I want to confirm that it could be true seeing that bitcoin price has rose from 54 to 59,567 about entering 60k if not already touched that price before retracing back.
Although I have made topic for this as well for us to also talk about the possibilities why is possible.
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Sure it can. But I suspect the election will have a lot to do with it. (I mean the election in the USA).
Whoever wins, it doesn't matter, it's going to send Bitcoin very high up from where it currently is now, because there is not a lot of resistance left between the current $57K price and the 70-something thousand all time high. And it wouldn't surprise me to see it stay there this time.
So many talk about the forthcoming election in the U.S, i don't know if the election will have an impact on the price of BTC, but it is possible. People like to speculate and a lot of them actually believe that the candidate they support has good plans for the network. So the outcome of the event may see inflows into the BTC market, and an increase in price.
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Having high hopes will not be a mistake, its always a good thing that we carry this with us. I believe that ATH is a bit harder but not impossible and it could very well happen. We should realize that its going to be something that takes a while, but in the end we are going to benefit from it without a shred of doubt. I know that its going to be something that carries a lot of weight when we care about this, but as long as we do what we suppose to do, there shouldn't be a reason why it can't be done. We need to focus on how to get better results if we know what we are dealing with, that's the most important part.
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No one can guarantee it but the possibility of making a new ATH in 2024 is very low as Bitcoin has already crossed its previous ATH and gone down again. And since the Bitcoin market has gradually behaved negatively, a great expectation on Bitcoin is gradually diminishing. But if Bitcoin price makes a new ATH by the end of 2024, it won't be above $80k. We expect Bitcoin price to hit $100k very soon but it may be next 4 years when then another four year circle will complete
Absolutely correct no one can tell about it’s price perfectly. But i also think it is not impossible, everything is possible in cryptocurrency market. We saw few month ago in this year Bitcoin price goes new ATH which was highest price in bitcoin history.
But my personal analyses within this yeas bitcoin will not go for new ATH. I think Bitcoin price will hit new ATH forst of 2025.We have to wait till then to see what will happen.
FUD and FOMO play a big factor in the market, so it really depends on the kind of news that we are going to have headed to the end of this year, so its better to check the news that's coming, and if we can have an insight on this news, the better, I share your opinion, even though I am very bullish on Bitcoin, that an all time high will happen next year.
Yes you tols absolutely right FUD and FOMO is big Factor in the cryptocurrency market there has no doubt. So we have to follow which is public perception. Public perception and news is big fact in the cryptocurrency market. When people creat FUD then market position were bad but when people were positive then market position go up. It mainly happen in cryptocurrency market and other economic sector i think.
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I'm not sure that Bitcoin will be able to fall so much this season) someone is deliberately not letting Bitcoin grow and is waiting for some news so that it happens much stronger than the growth that we see now, this news can only be if some very famous person something (again, generalization)) and a large purchase of Bitcoins begins that will not be related to the time of year.
Any scenario could play out in the future, including BTC potentially reaching a new ATH above $74K or dropping back to $30K next month. The FED interest rate cuts could be either positive or negative news depending on investor sentiment, in the worst-case scenario, a final sell-off could be triggered to allow whales to accumulate more BTC for their accounts before the crypto market enters a bullrun.
Returning to the topic, I think BTC could easily reach a new ATH, even approaching $100K in 2024, as Q4 is typically a very good period for the growth of BTC and the crypto market. The accumulation phase has been ongoing for the past 5 months, the compression has been tight enough, and the bullrun could explode when all the necessary conditions are met in terms of time and cash flow.
Anything is possible in our time and I won't be surprised by any result, there will be growth in any case but we can't know what kind, today Bitcoin is number 1 and tomorrow it can be displaced by some meme coin)) I know that now and in the last few years halving has completely ceased to influence the market, it has already become a fairy tale for old women who are not in the know)) now only whales rule the market and Bitcoin as well and nothing depends on miners and halving anymore.
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Yes you tols absolutely right FUD and FOMO is big Factor in the cryptocurrency market there has no doubt. So we have to follow which is public perception. Public perception and news is big fact in the cryptocurrency market. When people creat FUD then market position were bad but when people were positive then market position go up. It mainly happen in cryptocurrency market and other economic sector i think.
FUD and FOMO will always be there in the crypto market because whales will play it all and as investors who already understand their game we should stay calm and if we have a lot of capital we can follow the flow of the game to make a profit.
I have confidence that bitcoin will reach ATH before the end of this year at $80K or more.
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As per market structure we can see new ATH before 2024 and I personally expected the new ATH at the end of Nov 24.
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As per market structure we can see new ATH before 2024 and I personally expected the new ATH at the end of Nov 24.
I also predict the same, bitcoin will reach ATH by the end of this year although it is difficult to reach $80K, but it is likely to be close to it. Early next year we will see bitcoin prices above $80K.
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In my opinion, there are several factors that will make ATH this year higher than previous years. One of them is that many people choose BTC as a promising investment. This is different from last year, when many people didn't understand how the crypto world works. Meanwhile, now is the digital era, where people are better able to understand how the crypto market works and are starting to become investors.
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With the rate it is going now, it seems like it's quite hard to pinpoint if it can be reached, but it's getting higher and higher now, and I hope that everything will come to the point where everyone will be buying more and more with the increase in price so it will reach a new high.
We need more catalysts and not just the ETF.
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No one can guarantee it but the possibility of making a new ATH in 2024 is very low as Bitcoin has already crossed its previous ATH and gone down again. And since the Bitcoin market has gradually behaved negatively, a great expectation on Bitcoin is gradually diminishing. But if Bitcoin price makes a new ATH by the end of 2024, it won't be above $80k. We expect Bitcoin price to hit $100k very soon but it may be next 4 years when then another four year circle will complete
Absolutely correct no one can tell about it’s price perfectly. But i also think it is not impossible, everything is possible in cryptocurrency market. We saw few month ago in this year Bitcoin price goes new ATH which was highest price in bitcoin history.
But my personal analyses within this yeas bitcoin will not go for new ATH. I think Bitcoin price will hit new ATH forst of 2025.We have to wait till then to see what will happen.
Let's see October and November if the price of bitcoin starts approaching $70K or more than $70K, it is likely that bitcoin will reach a new ATH by the end of this year. But if bitcoin is still struggling, it is likely that the new ATH will be reached early next year..
whenever the ATH is reached by bitcoin, it is clear that next year we will see a bullish season.
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No one can guarantee it but the possibility of making a new ATH in 2024 is very low as Bitcoin has already crossed its previous ATH and gone down again. And since the Bitcoin market has gradually behaved negatively, a great expectation on Bitcoin is gradually diminishing. But if Bitcoin price makes a new ATH by the end of 2024, it won't be above $80k. We expect Bitcoin price to hit $100k very soon but it may be next 4 years when then another four year circle will complete
Absolutely correct no one can tell about it’s price perfectly. But i also think it is not impossible, everything is possible in cryptocurrency market. We saw few month ago in this year Bitcoin price goes new ATH which was highest price in bitcoin history.
But my personal analyses within this yeas bitcoin will not go for new ATH. I think Bitcoin price will hit new ATH forst of 2025.We have to wait till then to see what will happen.
Let's see October and November if the price of bitcoin starts approaching $70K or more than $70K, it is likely that bitcoin will reach a new ATH by the end of this year. But if bitcoin is still struggling, it is likely that the new ATH will be reached early next year..
whenever the ATH is reached by bitcoin, it is clear that next year we will see a bullish season.
It seems that many people are now starting to monitor bitcoin movements more closely, especially since the crypto market is in an unpredictable condition. Although there is a lot of optimism, there is still uncertainty that makes people wonder when is the best time to enter or exit the market. Some may also prefer to be cautious while waiting for a clearer confirmation of the trend.
On the other hand, it is undeniable that the prospects for next year make many investors feel optimistic. Several analysts have also begun to project bullish scenarios that will occur. It is possible that we will see many new crypto projects emerge that can encourage wider adoption, while also having a positive impact on the entire crypto ecosystem.
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No one can guarantee it but the possibility of making a new ATH in 2024 is very low as Bitcoin has already crossed its previous ATH and gone down again. And since the Bitcoin market has gradually behaved negatively, a great expectation on Bitcoin is gradually diminishing. But if Bitcoin price makes a new ATH by the end of 2024, it won't be above $80k. We expect Bitcoin price to hit $100k very soon but it may be next 4 years when then another four year circle will complete
Absolutely correct no one can tell about it’s price perfectly. But i also think it is not impossible, everything is possible in cryptocurrency market. We saw few month ago in this year Bitcoin price goes new ATH which was highest price in bitcoin history.
But my personal analyses within this yeas bitcoin will not go for new ATH. I think Bitcoin price will hit new ATH forst of 2025.We have to wait till then to see what will happen.
Let's see October and November if the price of bitcoin starts approaching $70K or more than $70K, it is likely that bitcoin will reach a new ATH by the end of this year. But if bitcoin is still struggling, it is likely that the new ATH will be reached early next year..
whenever the ATH is reached by bitcoin, it is clear that next year we will see a bullish season.
We will see a good pump in bitcoin next year for sure, but it is uncertain to say whether it will cross ATH this year, but if it can cross 70k this month or next month somehow, there is a high chance of breaking ATH this year itself. And if there is no way to cross 70k then we will see ATH next year for sure.
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We need more catalysts and not just the ETF.
Exactly. It is clearly uncertain if Bitcoin will reach a new ATH without some event or activity propelling the action. I still remember weeks before the approval of the ETF, the Bitcoin community was certain that the approval would propel Bitcoin to a new ATH. Though the two weeks following the approval didn’t meet our expectations, but the remaining months made history as we even saw a new ATH. So, I think it will be easy for many of us to predict the possibility of achieving an ATH before the end of the year, only if there is any forth coming activity or event that could act as a catalyst.
And maybe along the way, there might even be sudden rumors or news that could attempt to propel Bitcoin’s price. But, I'm not sure if it would have much impact compared to events we anticipate for.
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We need more catalysts and not just the ETF.
Exactly. It is clearly uncertain if Bitcoin will reach a new ATH without some event or activity propelling the action. I still remember weeks before the approval of the ETF, the Bitcoin community was certain that the approval would propel Bitcoin to a new ATH. Though the two weeks following the approval didn’t meet our expectations, but the remaining months made history as we even saw a new ATH. So, I think it will be easy for many of us to predict the possibility of achieving an ATH before the end of the year, only if there is any forth coming activity or event that could act as a catalyst.
And maybe along the way, there might even be sudden rumors or news that could attempt to propel Bitcoin’s price. But, I'm not sure if it would have much impact compared to events we anticipate for.
I also have the same thought as you, it is possible that before the end of the year bitcoin will reach ATH, although it may not be as expected by many people about the $100K sell target, but the price of bitcoin at the end of this year will be more than $80K. I read about this prediction from some friends here and it seems reasonable.
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We need more catalysts and not just the ETF.
Exactly. It is clearly uncertain if Bitcoin will reach a new ATH without some event or activity propelling the action. I still remember weeks before the approval of the ETF, the Bitcoin community was certain that the approval would propel Bitcoin to a new ATH. Though the two weeks following the approval didn’t meet our expectations, but the remaining months made history as we even saw a new ATH. So, I think it will be easy for many of us to predict the possibility of achieving an ATH before the end of the year, only if there is any forth coming activity or event that could act as a catalyst.
And maybe along the way, there might even be sudden rumors or news that could attempt to propel Bitcoin’s price. But, I'm not sure if it would have much impact compared to events we anticipate for.
I also have the same thought as you, it is possible that before the end of the year bitcoin will reach ATH, although it may not be as expected by many people about the $100K sell target, but the price of bitcoin at the end of this year will be more than $80K. I read about this prediction from some friends here and it seems reasonable.
The target price of bitcoin to touch $80K by the end of this year is reasonable and likely to be achieved. I also hope that the new ATH of bitcoin will be achieved soon, because we have waited too long after bitcoin reached ATH $73k it seems to have difficulty rising to $70K.
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We will see a good pump in bitcoin next year for sure, but it is uncertain to say whether it will cross ATH this year, but if it can cross 70k this month or next month somehow, there is a high chance of breaking ATH this year itself. And if there is no way to cross 70k then we will see ATH next year for sure.
How do you guarantee that Bitcoin will pump much better in the coming year? According to most people's predictions and Bitcoin's past history, Bitcoin may see a bull run next year. But no one can guarantee it. You guarantee it means you are giving financial advice to everyone. How can you do this? No one can control Bitcoin at will, and since it already has a marketcap of trillions, it is impossible for a single person to make a large movement of Bitcoin. But I myself believe the prediction that the first quarter of 2025 could see a big pump in Bitcoin.
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If I refer to the BTC price on Binance and look at the history of the graph, it is very detailed that the All Time High BTC occurred in the last few months around April in 2024. That means the OP's question has been answered because the All Time High Bitcoin was achieved before the end of 2024. Bitcoin is now priced around 56k-66k and for several months after April the price was still between those prices.
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If I refer to the BTC price on Binance and look at the history of the graph, it is very detailed that the All Time High BTC occurred in the last few months around April in 2024. That means the OP's question has been answered because the All Time High Bitcoin was achieved before the end of 2024. Bitcoin is now priced around 56k-66k and for several months after April the price was still between those prices.
Your answer is that ATH Bitcoin has been achieved by APDA in April 2024, but it seems that we will see Bitcoin will touch the new ATH before the end of this year, the prediction of many people says that the price of Bitcoin will touch $ 80K. This is the target of some investors who will sell their bitcoin at the price and will buy back during correction.
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We will see a good pump in bitcoin next year for sure, but it is uncertain to say whether it will cross ATH this year, but if it can cross 70k this month or next month somehow, there is a high chance of breaking ATH this year itself. And if there is no way to cross 70k then we will see ATH next year for sure.
How do you guarantee that Bitcoin will pump much better in the coming year? According to most people's predictions and Bitcoin's past history, Bitcoin may see a bull run next year. But no one can guarantee it. You guarantee it means you are giving financial advice to everyone. How can you do this? No one can control Bitcoin at will, and since it already has a marketcap of trillions, it is impossible for a single person to make a large movement of Bitcoin. But I myself believe the prediction that the first quarter of 2025 could see a big pump in Bitcoin.
Actually there has no way to guarantee that Bitcoin price will increase. We can tell our prediction. Prediction could be happen or not happen. Bit we can tell about probability..But it also true that within this year bitcoin price could up it has huge possibility.
Because EFT approval and halving happen in this year. It empty could be happen any time.So we can gase bitcoin price will increase within this year.
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The target price of bitcoin to touch $80K by the end of this year is reasonable and likely to be achieved. I also hope that the new ATH of bitcoin will be achieved soon, because we have waited too long after bitcoin reached ATH $73k it seems to have difficulty rising to $70K.
I really want to wait for that patiently. Because after all, we have been waiting for several months currently where the market has dropped a lot. Meanwhile, lately, market conditions have started to improve. That's why, as holders, we just have to wait and see how the price of Bitcoin will increase later. Because after all, the price of BTC will also greatly affect the price of altcoins.
And indeed, no one guarantees that the market will improve and increase at the end of the year. It's just that, usually, the market will increase significantly starting in the 4th Quarter, so, it's okay if we hope that it will happen again, right? Hehe
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We will see a good pump in bitcoin next year for sure, but it is uncertain to say whether it will cross ATH this year, but if it can cross 70k this month or next month somehow, there is a high chance of breaking ATH this year itself. And if there is no way to cross 70k then we will see ATH next year for sure.
How do you guarantee that Bitcoin will pump much better in the coming year? According to most people's predictions and Bitcoin's past history, Bitcoin may see a bull run next year. But no one can guarantee it. You guarantee it means you are giving financial advice to everyone. How can you do this? No one can control Bitcoin at will, and since it already has a marketcap of trillions, it is impossible for a single person to make a large movement of Bitcoin. But I myself believe the prediction that the first quarter of 2025 could see a big pump in Bitcoin.
Actually there has no way to guarantee that Bitcoin price will increase. We can tell our prediction. Prediction could be happen or not happen. Bit we can tell about probability..But it also true that within this year bitcoin price could up it has huge possibility.
Because EFT approval and halving happen in this year. It empty could be happen any time.So we can gase bitcoin price will increase within this year.
I do not give any guarantee. Commenting on Bitcoin's early history. And that's almost everyone's prediction. 2025 is a very important time for Bitcoin. If at that time the price of Bitcoin increases and a bull run is seen, then the faith of all investors in Bitcoin will increase much more. And if the bull run is not seen then Bitcoin may lose some popularity. Bitcoin's current activity suggests that Bitcoin's bull run is about to begin in early 2025. Already the price of Bitcoin has started to pump up a lot
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We will see a good pump in bitcoin next year for sure, but it is uncertain to say whether it will cross ATH this year, but if it can cross 70k this month or next month somehow, there is a high chance of breaking ATH this year itself. And if there is no way to cross 70k then we will see ATH next year for sure.
How do you guarantee that Bitcoin will pump much better in the coming year? According to most people's predictions and Bitcoin's past history, Bitcoin may see a bull run next year. But no one can guarantee it. You guarantee it means you are giving financial advice to everyone. How can you do this? No one can control Bitcoin at will, and since it already has a marketcap of trillions, it is impossible for a single person to make a large movement of Bitcoin. But I myself believe the prediction that the first quarter of 2025 could see a big pump in Bitcoin.
I think they are governed by the 4-year thing, they say that every 4 years bitcoin has a new ATH, and until now that has been fulfilled, because things in bitcoin cycles are like that, compared to markets like the stock market it moves to another level, in that market everything is every 8-10 years, so by 2025 another BTC cycle will be fulfilled for bitcoin, of course it is something that is not 100% sure to happen, because after the Bitcoin Hlalving that everyone expected to reach a new ATH, the price what it did was drop enormously and that affected a lot, especially large investors.
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I do not give any guarantee. Commenting on Bitcoin's early history. And that's almost everyone's prediction. 2025 is a very important time for Bitcoin. If at that time the price of Bitcoin increases and a bull run is seen, then the faith of all investors in Bitcoin will increase much more. And if the bull run is not seen then Bitcoin may lose some popularity. Bitcoin's current activity suggests that Bitcoin's bull run is about to begin in early 2025. Already the price of Bitcoin has started to pump up a lot
I will rather be reserve than be to certain about the next move of Bitcoin because anytime you see people too anticipate about Bitcoin going forward, it will likely to the opposite, even now that some people are expecting it to go up as a result of US election, we might go up and create a new all time high and crash down again to another suppourt.
The problem about this Bitcoin price is that almost everyone is expecting it and in the past, the market used to be divided, half bull and half bear and then it takes the real run to make a new all time high which makes everyone bullish later but now everyone is bullish.
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I do not give any guarantee. Commenting on Bitcoin's early history. And that's almost everyone's prediction. 2025 is a very important time for Bitcoin. If at that time the price of Bitcoin increases and a bull run is seen, then the faith of all investors in Bitcoin will increase much more. And if the bull run is not seen then Bitcoin may lose some popularity. Bitcoin's current activity suggests that Bitcoin's bull run is about to begin in early 2025. Already the price of Bitcoin has started to pump up a lot
I will rather be reserve than be to certain about the next move of Bitcoin because anytime you see people too anticipate about Bitcoin going forward, it will likely to the opposite, even now that some people are expecting it to go up as a result of US election, we might go up and create a new all time high and crash down again to another suppourt.
The problem about this Bitcoin price is that almost everyone is expecting it and in the past, the market used to be divided, half bull and half bear and then it takes the real run to make a new all time high which makes everyone bullish later but now everyone is bullish.
We must always be calm in facing the unpredictable crypto market movements, because for those who have long invested in crypto and have long experience they will remain calm seeing the price movements of bitcoin and altcoin, because sometimes there is a sharp decline if we are patient the market will come back. so there is no need to panic about this.
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I do not give any guarantee. Commenting on Bitcoin's early history. And that's almost everyone's prediction. 2025 is a very important time for Bitcoin. If at that time the price of Bitcoin increases and a bull run is seen, then the faith of all investors in Bitcoin will increase much more. And if the bull run is not seen then Bitcoin may lose some popularity. Bitcoin's current activity suggests that Bitcoin's bull run is about to begin in early 2025. Already the price of Bitcoin has started to pump up a lot
I will rather be reserve than be to certain about the next move of Bitcoin because anytime you see people too anticipate about Bitcoin going forward, it will likely to the opposite, even now that some people are expecting it to go up as a result of US election, we might go up and create a new all time high and crash down again to another suppourt.
The problem about this Bitcoin price is that almost everyone is expecting it and in the past, the market used to be divided, half bull and half bear and then it takes the real run to make a new all time high which makes everyone bullish later but now everyone is bullish.
We must always be calm in facing the unpredictable crypto market movements, because for those who have long invested in crypto and have long experience they will remain calm seeing the price movements of bitcoin and altcoin, because sometimes there is a sharp decline if we are patient the market will come back. so there is no need to panic about this.
It also important to always research and learn various factors that affect the market. Reducing the volatility’seffect can be achieved by outsmarting movements that have not been well analyzed to help make sound decisions. This too helps prevents a lot of stress from being trace with us and actually have time to be prepared to meet different situations. It is only possible if, with proper strategy and patience, we can stall the moment to our benefit to strengthen the investment position. Another evidence is that the market is also subject to the historical records that show that it has the ability to rise after a steep drop. It is crucial not to get distracted and go sideways trying to exploit short-term waves while in a local market, the big picture should remain focused on the long-term roadmap.
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I can't say because the market is unpredictable; maybe others are right that the chances of having a new ATH this year are low; it can only reach 70k-90k before the end of this year. But that always depends on the news that will happen and what Bitcoin whale investors will do.
It's just that for now the important thing as long as there is an opportunity to accumulate bitcoin is that other crypto assets do their accumulation little by little as long as we don't see the rally happen for bitcoin.
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I can't say because the market is unpredictable; maybe others are right that the chances of having a new ATH this year are low; it can only reach 70k-90k before the end of this year. But that always depends on the news that will happen and what Bitcoin whale investors will do.
This is expected as the price of Bitcoin is slowly pumping, but we cannot guarantee how much this will materialize. Bitcoin price hit $63k today so in this case Bitcoin price hitting $70k is not too challenging. Bitcoin price already hit this price once. But it's unlikely to go above $80k, at least not this year. But a much better bull run is likely to be seen early next year. If Donald Trump can win the election, then the bull run will bump the price of btc Wouldn't be surprised if it hits $100k
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We must always be calm in facing the unpredictable crypto market movements, because for those who have long invested in crypto and have long experience they will remain calm seeing the price movements of bitcoin and altcoin, because sometimes there is a sharp decline if we are patient the market will come back. so there is no need to panic about this.
Just barely 24 hours ago frkm yesterday, those people that hold Bitcoin has profited as a result of Fed interest cut yesterday that hasn't happened in 4 years and Bitcoin pump. Not just that, Trump was seeing today making payment in Bitcoin, this may looks apolitical but the action made Bitcoin to pump and now above $63k support.
There is nothing harm in been patience, that's the only way you can with Bitcoin but unfortunately some people don't have this patience to hold and I'm sure that anyome bearish about and have shorted Bitcoin with liquidation around that price will be at loss right now.
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We must always be calm in facing the unpredictable crypto market movements, because for those who have long invested in crypto and have long experience they will remain calm seeing the price movements of bitcoin and altcoin, because sometimes there is a sharp decline if we are patient the market will come back. so there is no need to panic about this.
Just barely 24 hours ago frkm yesterday, those people that hold Bitcoin has profited as a result of Fed interest cut yesterday that hasn't happened in 4 years and Bitcoin pump. Not just that, Trump was seeing today making payment in Bitcoin, this may looks apolitical but the action made Bitcoin to pump and now above $63k support.
There is nothing harm in been patience, that's the only way you can with Bitcoin but unfortunately some people don't have this patience to hold and I'm sure that anyome bearish about and have shorted Bitcoin with liquidation around that price will be at loss right now.
Trump has made payments with bitcoin to prove that he really supports bitcoin, this is a good thing because the price of bitcoin has soared to $63K, because this is what crypto lovers have been waiting for, that Trump as one of the US presidential candidates provides proof that he really supports crypto, especially bitcoin by taking real steps by making transactions.
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If I refer to the BTC price on Binance and look at the history of the graph, it is very detailed that the All Time High BTC occurred in the last few months around April in 2024. That means the OP's question has been answered because the All Time High Bitcoin was achieved before the end of 2024. Bitcoin is now priced around 56k-66k and for several months after April the price was still between those prices.
Your answer is that ATH Bitcoin has been achieved by APDA in April 2024, but it seems that we will see Bitcoin will touch the new ATH before the end of this year, the prediction of many people says that the price of Bitcoin will touch $ 80K. This is the target of some investors who will sell their bitcoin at the price and will buy back during correction.
APDA? What is APDA? Does it have anything to do with April 2024? And also many members say that Bitcoin will reach $80k, what factors do you think for Bitcoin to reach $80k, why not exceed more than $120k so that it can be a 100% increase in Bitcoin price from the current Bitcoin price which is around 58-63k USD.
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We must always be calm in facing the unpredictable crypto market movements, because for those who have long invested in crypto and have long experience they will remain calm seeing the price movements of bitcoin and altcoin, because sometimes there is a sharp decline if we are patient the market will come back. so there is no need to panic about this.
Just barely 24 hours ago frkm yesterday, those people that hold Bitcoin has profited as a result of Fed interest cut yesterday that hasn't happened in 4 years and Bitcoin pump. Not just that, Trump was seeing today making payment in Bitcoin, this may looks apolitical but the action made Bitcoin to pump and now above $63k support.
There is nothing harm in been patience, that's the only way you can with Bitcoin but unfortunately some people don't have this patience to hold and I'm sure that anyome bearish about and have shorted Bitcoin with liquidation around that price will be at loss right now.
Trump has made payments with bitcoin to prove that he really supports bitcoin, this is a good thing because the price of bitcoin has soared to $63K, because this is what crypto lovers have been waiting for, that Trump as one of the US presidential candidates provides proof that he really supports crypto, especially bitcoin by taking real steps by making transactions.
Donald Trump has been saying for a long time that he will do something positive for crypto, which is going to be something positive for crypto currency and bitcoin, Trump will actually support crypto, also now that Trump is paying with bitcoin, we have one more confirmation that Trump will indeed take good action for crypto. If Trump wins this election, Bitcoin will really go a long way.
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Donald Trump has been saying for a long time that he will do something positive for crypto, which is going to be something positive for crypto currency and bitcoin, Trump will actually support crypto, also now that Trump is paying with bitcoin, we have one more confirmation that Trump will indeed take good action for crypto. If Trump wins this election, Bitcoin will really go a long way.
I will advise you not to get your expectations so high about the Donald Trump election because you may get disappointed if even if he wins and Bitcoin does not perform as you think it will. It is good not to put your expectations on events like that; it is better you refer to the charts to get a proper view if you are good with analyzing it. Before the end of the year, I expect Bitcoin to set a new all time high because the general movement of Bitcoin currently is bullish and looking to break the last resistance.
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I will advise you not to get your expectations so high about the Donald Trump election because you may get disappointed if even if he wins and Bitcoin does not perform as you think it will. It is good not to put your expectations on events like that; it is better you refer to the charts to get a proper view if you are good with analyzing it. Before the end of the year, I expect Bitcoin to set a new all time high because the general movement of Bitcoin currently is bullish and looking to break the last resistance.
Exactly I really don't engage much in all these political discussions and their influence on the crypto ecosystem especially bitcoin. Now don't get me wrong, I'm not actually saying the government can't influence the crypto market and prices my point is you can't really trust politicians and stuff. Just like there is a possibility that if Trump wins, bitcoin will be in a nice bull and support from the government, similarly there is a possibility that everything will remain the same even after he wins.
Bitcoiners are really enthusiastic and can't wait to see the bull anytime soon. However it's important to not put too much trust in these speculations just like you said to avoid disappointment.
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We must always be calm in facing the unpredictable crypto market movements, because for those who have long invested in crypto and have long experience they will remain calm seeing the price movements of bitcoin and altcoin, because sometimes there is a sharp decline if we are patient the market will come back. so there is no need to panic about this.
Just barely 24 hours ago frkm yesterday, those people that hold Bitcoin has profited as a result of Fed interest cut yesterday that hasn't happened in 4 years and Bitcoin pump. Not just that, Trump was seeing today making payment in Bitcoin, this may looks apolitical but the action made Bitcoin to pump and now above $63k support.
There is nothing harm in been patience, that's the only way you can with Bitcoin but unfortunately some people don't have this patience to hold and I'm sure that anyome bearish about and have shorted Bitcoin with liquidation around that price will be at loss right now.
Trump has made payments with bitcoin to prove that he really supports bitcoin, this is a good thing because the price of bitcoin has soared to $63K, because this is what crypto lovers have been waiting for, that Trump as one of the US presidential candidates provides proof that he really supports crypto, especially bitcoin by taking real steps by making transactions.
Donald Trump has been saying for a long time that he will do something positive for crypto, which is going to be something positive for crypto currency and bitcoin, Trump will actually support crypto, also now that Trump is paying with bitcoin, we have one more confirmation that Trump will indeed take good action for crypto. If Trump wins this election, Bitcoin will really go a long way.
He is a politician though, so don't take his words seriously. He might not do anything if he won the election again. So even if he says that he si pro-Bitcoin or have done a transaction, still it's no assurance that Bitcoin will be good when he become the President.
And the thing with Bitcoin is that we should be free from government, that is the basic tenant that Satoshi wanted. Trump winning might have had a impact, but in the long term, it will still be us that is going to push the price and not the President.
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I will advise you not to get your expectations so high about the Donald Trump election because you may get disappointed if even if he wins and Bitcoin does not perform as you think it will. It is good not to put your expectations on events like that; it is better you refer to the charts to get a proper view if you are good with analyzing it. Before the end of the year, I expect Bitcoin to set a new all time high because the general movement of Bitcoin currently is bullish and looking to break the last resistance.
Exactly I really don't engage much in all these political discussions and their influence on the crypto ecosystem especially bitcoin. Now don't get me wrong, I'm not actually saying the government can't influence the crypto market and prices my point is you can't really trust politicians and stuff. Just like there is a possibility that if Trump wins, bitcoin will be in a nice bull and support from the government, similarly there is a possibility that everything will remain the same even after he wins.
Bitcoiners are really enthusiastic and can't wait to see the bull anytime soon. However it's important to not put too much trust in these speculations just like you said to avoid disappointment.
I think it is crucial not to get fixated on forecasting political effects on bitcoin or the overall crypto market. Although it is agreed that both policy reform and governmental structures affect crypto prices, focusing too closely on predictions related to political outcomes, particularly in regards to the election's victor, can generate mistakes. Bitcoin enthusiasts are often filled with hope, but staying clear-headed about your expectations and not letting speculation run away with you is the way to go if you don’t want to be let down. Ultimately, focusing on the enduring worth of crypto, with a specific focus on bitcoin, is probably more profitable than evaluating political activities.
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I think it is crucial not to get fixated on forecasting political effects on bitcoin or the overall crypto market. Although it is agreed that both policy reform and governmental structures affect crypto prices, focusing too closely on predictions related to political outcomes, particularly in regards to the election's victor, can generate mistakes. Bitcoin enthusiasts are often filled with hope, but staying clear-headed about your expectations and not letting speculation run away with you is the way to go if you don’t want to be let down. Ultimately, focusing on the enduring worth of crypto, with a specific focus on bitcoin, is probably more profitable than evaluating political activities.
Political activities from the government are quite influential on someone's mentality to invest, this is for newbies but for those who have long invested in crypto are not affected by this. Because in the past bitcoin was rejected and underestimated by many countries but the reality that we see bitcoin has survived until today and its price is getting more and more expensive.
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Let's just see how Bitcoin performs in October. If it gets more and more excited, there is a possibility that November will really have a new ATH again. The distance is not too far. Currently, the price of BTC is quite high at $ 65k. and to reach its new ATH, it can be said that it is not too far away. Maybe later there will be another decline or market correction, that's for sure. However, at least, it will be a spur for the next increase. Yes, just be patient with the process of how the market will take place. Because after all, we may expect a lot, it's just that, the market condition sometimes does not match various predictions. It's just that, I am quite sure that there will be another new ATH before this year ends.
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Let's just see how Bitcoin performs in October. If it gets more and more excited, there is a possibility that November will really have a new ATH again. The distance is not too far. Currently, the price of BTC is quite high at $ 65k. and to reach its new ATH, it can be said that it is not too far away. Maybe later there will be another decline or market correction, that's for sure. However, at least, it will be a spur for the next increase. Yes, just be patient with the process of how the market will take place. Because after all, we may expect a lot, it's just that, the market condition sometimes does not match various predictions. It's just that, I am quite sure that there will be another new ATH before this year ends.
I also have a prediction that we will see bitcoin hit a new ATH before the end of the year, and prepare your USD because we will see a correction as well as preparation to buy coins that we will hold until next year. The current price of bitcoin has improved at $ 65K, but I am not sure that bitcoin will go up again this month.
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One of the things I've noticed and felt is that it currently seems quite easy for BTC to make a candle of 8 or 9k and reach ATH
it seems like we're just a few days away from another historic high and we're all waiting for 100k
In the last ATH before this season, the 69k players seemed to have been much more difficult and full of leverage, whereas today there seems to be more liquidity, and more people and companies wanting to own BTC for the long term.
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One of the things I've noticed and felt is that it currently seems quite easy for BTC to make a candle of 8 or 9k and reach ATH
it seems like we're just a few days away from another historic high and we're all waiting for 100k
In the last ATH before this season, the 69k players seemed to have been much more difficult and full of leverage, whereas today there seems to be more liquidity, and more people and companies wanting to own BTC for the long term.
Many people are experiencing the price of bitcoin actually will reach ATH, this is a good thing if Bitcoin can touch ATH again but it seems that the movement is still slow even though it has touched $ 66k again, it seems restrained. Let's wait whether there will be a side way or bitcoin will continue to rise to $ 70k, I am also curious about the market conditions next week to decide to buy or wait for more correction
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One of the things I've noticed and felt is that it currently seems quite easy for BTC to make a candle of 8 or 9k and reach ATH
it seems like we're just a few days away from another historic high and we're all waiting for 100k
In the last ATH before this season, the 69k players seemed to have been much more difficult and full of leverage, whereas today there seems to be more liquidity, and more people and companies wanting to own BTC for the long term.
Many people are experiencing the price of bitcoin actually will reach ATH, this is a good thing if Bitcoin can touch ATH again but it seems that the movement is still slow even though it has touched $ 66k again, it seems restrained. Let's wait whether there will be a side way or bitcoin will continue to rise to $ 70k, I am also curious about the market conditions next week to decide to buy or wait for more correction
I wouldn't call it slow, it's that the timing of the market, and now with the price climbing back again, I do think that we will reach new ATH late this year. However, it's just the start, the bull run could continue till next year.
So there are still hopes that the price will go on parabolic rise, and a a bigger picture, 2025 will be huge as we can see $100,000 minimum as the new all time high.