Will bitcoin all time high record break in 2024

[bitterguy28]

It's touched $52k a few minutes ago so what's stopping btc touching all time high soon. If it doesn't make it in Feb who's feeling strong it'll happen later in 2024?

It is already recorded mate last march that we recorded the Highest price of bitcoin so what are we asking here? if you are referring to 100k  price then that is a different thing as we knew that ATH is being recorded each time the price broken .

[UNIVERSE]

That's right, Bitcoin still has the opportunity to become very expensive due to the influence of very high demand and very limited supply of bitcoin, so it is very possible that bitcoin can increase in price more than you expect if there is good news that can trigger whales to come in and buy more bitcoin.

Do you think the current price isn't very expensive?
What price that can be categorized as a very expensive price?
In my opinion, Bitcoin price is already quite expensive now. It even reached $73k that is for the first time for Bitcoin. Sure, as long as there is an increase on Bitcoin demand, it will raise gradually. However, it should depend on the cycle, Bitcoin price will increase according to the 4 years cycle. Now, it is the time for bullish season, that's why the price is raising quickly. After 2025, the price probably will decrease again constantly. We will begin the new season for bearish anymore.

[vegasus]

It's touched $52k a few minutes ago so what's stopping btc touching all time high soon. If it doesn't make it in Feb who's feeling strong it'll happen later in 2024?

It is already recorded mate last march that we recorded the Highest price of bitcoin so what are we asking here? if you are referring to 100k  price then that is a different thing as we knew that ATH is being recorded each time the price broken .

Yes, the fact that Bitcoin has reached ATH before the halving is quite surprising to us. At least in February or before, we definitely thought that BTC would encounter ATH a few months after the halving, more precisely when the bull run had already existed. But surprisingly, this happened before the halving, and it increased again, actually after the halving, the price of Bitcoin really fell drastically by more than -11%. But this time, the price of Bitcoin is starting to rise again and is chasing its ATH. However, it is still quite difficult because the increase in BTC prices also seems very slow.

[UNIVERSE]

Yes, the fact that Bitcoin has reached ATH before the halving is quite surprising to us. At least in February or before, we definitely thought that BTC would encounter ATH a few months after the halving, more precisely when the bull run had already existed. But surprisingly, this happened before the halving, and it increased again, actually after the halving, the price of Bitcoin really fell drastically by more than -11%. But this time, the price of Bitcoin is starting to rise again and is chasing its ATH. However, it is still quite difficult because the increase in BTC prices also seems very slow.

It never happened in the previous bullish season. Usually, Bitcoin reached ATH after few months of the halving time. People never predicted the new ATH will be achieved in March, people must guess the ATH will be achieved in the Q3-Q4 of 2024. Or it will be reached in 2025. In the previous bullish season, the new ATH will be achieved in the next 1 year after the halving. Now, it seems there is a change in the pattern. Not sure when we will achieve the next ATH.

[milewilda]

Yes, the fact that Bitcoin has reached ATH before the halving is quite surprising to us. At least in February or before, we definitely thought that BTC would encounter ATH a few months after the halving, more precisely when the bull run had already existed. But surprisingly, this happened before the halving, and it increased again, actually after the halving, the price of Bitcoin really fell drastically by more than -11%. But this time, the price of Bitcoin is starting to rise again and is chasing its ATH. However, it is still quite difficult because the increase in BTC prices also seems very slow.

It never happened in the previous bullish season. Usually, Bitcoin reached ATH after few months of the halving time. People never predicted the new ATH will be achieved in March, people must guess the ATH will be achieved in the Q3-Q4 of 2024. Or it will be reached in 2025. In the previous bullish season, the new ATH will be achieved in the next 1 year after the halving. Now, it seems there is a change in the pattern. Not sure when we will achieve the next ATH.

No one expected that for the price to reach up new all time highs which we do know and consider out on previous cycles in regarding about its movements then no one really had that anticipated that we would really be breaking those resistances and now the price had made out some correction but still it did managed to reach up 70k price again on which its likely that we would be seeing 80 or 100k for this year and would be having that even more higher on the year 2025 on which we do know that this is really that peak of the bull run. There would really be that no assurance on when it would happen but surely we would be heading there.