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.

[JISAN]

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?

Yes it happened and Bitcoin has already crossed the previous ATH but so far Bitcoin price has not been what we expected the price of Bitcoin to be after crossing the ATH.  Recently, the price of Bitcoin has started to fall again.  But it looks like a correction as there is no bad news against Bitcoin so far which can bring Bitcoin down suddenly.  We may see another big pump in Bitcoin later this year and Bitcoin may make a new ATH soon after.

[alltalk]

Yes it happened and Bitcoin has already crossed the previous ATH but so far Bitcoin price has not been what we expected the price of Bitcoin to be after crossing the ATH.  Recently, the price of Bitcoin has started to fall again.  But it looks like a correction as there is no bad news against Bitcoin so far which can bring Bitcoin down suddenly.  We may see another big pump in Bitcoin later this year and Bitcoin may make a new ATH soon after.

You're right. Bitcoin has reached the new ATH before the halving. However, Bitcoin price dropped constantly after it reached a new ATH. Now, Bitcoin price is in correction time, it is only around $60k - $62k. We don't know when Bitcoin will make a new ATH again. Some people assume it will be at the end of this year, but others think it must be in the next year (2025).

Mate, recently we have some bad news. However, I think the impact will be temporary only. So, we must be patient because it won't last a long time, it will change to the uptrend again. But if you want to see a new ATH again, I personally think it won't be very soon. May be in Q4 of this year, Bitcoin will try to cross $73k again.

[JISAN]

Yes it happened and Bitcoin has already crossed the previous ATH but so far Bitcoin price has not been what we expected the price of Bitcoin to be after crossing the ATH.  Recently, the price of Bitcoin has started to fall again.  But it looks like a correction as there is no bad news against Bitcoin so far which can bring Bitcoin down suddenly.  We may see another big pump in Bitcoin later this year and Bitcoin may make a new ATH soon after.

You're right. Bitcoin has reached the new ATH before the halving. However, Bitcoin price dropped constantly after it reached a new ATH. Now, Bitcoin price is in correction time, it is only around $60k - $62k. We don't know when Bitcoin will make a new ATH again. Some people assume it will be at the end of this year, but others think it must be in the next year (2025).

Yes, before 2025, a big pump is not expected from other coins including Bitcoin. 2025 could be a good time for Bitcoin.  So from now on, those who are investing in Bitcoin will gain and get huge profits at that time. the fruit of patience is sweet. Now those who decide to invest and hold for a long time will get big returns very soon.

[UNIVERSE]

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.

But when the Bitcoin ETF news was spreading around the world, I think people may realize that Bitcoin has a chance for a new ATH. When Bitcoin hits $73k, I assume many people sold their Bitcoin. That makes Bitcoin always drops its price constantly, there was too many supplies in the market. It will take a lot of time to see the Bitcoin price normal again. I think until the end of this year, the correction will continues. I am not confident to see the price $80k - $100k before 2025. Many experts predicted the next ATH will be in the next year.

[sampoerna]

But when the Bitcoin ETF news was spreading around the world, I think people may realize that Bitcoin has a chance for a new ATH. When Bitcoin hits $73k, I assume many people sold their Bitcoin. That makes Bitcoin always drops its price constantly, there was too many supplies in the market. It will take a lot of time to see the Bitcoin price normal again. I think until the end of this year, the correction will continues. I am not confident to see the price $80k - $100k before 2025. Many experts predicted the next ATH will be in the next year.

There are several reasons why when the Bitcoin ETF was approved and also why when BTC finally reached its previous ATH and printed a new ATH, there were still many people who did not take profits at that time. (except for those who are short term).

Because, there are indeed many people who believe in Bitcoin. We understand the cycle that will occur in Bitcoin in general since it was first created. There will be a 5 year cycle for Bitcoin to truly reach its bullish period. And we or some people believe that last April was not the peak bullish period. For this reason, many people still believe that the price of Bitcoin will continue to accelerate rapidly in the next few months until 2025.

It's not easy for us to believe that because we also protect our assets, right? But I personally believe that it will really work and it's just a matter of waiting for time. so, trust it, trust BItcoin!

[Captain Corporate]

I see a lot of people doubt it, but I do not see why. I mean I get that it is going to be quite tough to do it in 2024 and not in 2025, but I see people who doubt even 2025, which makes no sense to me at all. I think it is obvious that we are going to see this work, and it shouldn't really be a trouble if you ask me. I think there isn't anything to base either breaking over or failing to break, these are all speculations and mine is one too. However, looking at historical charts, its easy to determine that we are going to end up with something decent and the price should be going way higher and we are not that far away from all time high neither.

[pieppiep]

I see a lot of people doubt it, but I do not see why. I mean I get that it is going to be quite tough to do it in 2024 and not in 2025, but I see people who doubt even 2025, which makes no sense to me at all. I think it is obvious that we are going to see this work, and it shouldn't really be a trouble if you ask me. I think there isn't anything to base either breaking over or failing to break, these are all speculations and mine is one too. However, looking at historical charts, its easy to determine that we are going to end up with something decent and the price should be going way higher and we are not that far away from all time high neither.

In the history of Bitcoin price movements, it can only print a new ATH every 4 years. Therefore, many people doubt that Bitcoin can print a new ATH again this year or next year. When a bull run occurs, a new ATH will be created and the next movement will be a bearish season where many coins will fall to their base price again because many whales will withdraw their profits. It is not easy to make the price of Bitcoin expensive again because the price is already too high and requires good news that can attract whales to come in and buy more Bitcoin.

[Rubel007]

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 .

Bitcoin hit an all-time high on March 14th. What the OP wanted to know has already happened. But since there is still a lot of time left in this year, there is still a chance to record a new ATH. The highest Bitcoin price this year was $73,737.94, according to data from CoinGecko.


 Currently Bitcoin price is rising again. Maybe before Bitcoin reaches $100k we will be able to see new all time high again.

[SmartGold01]

Currently Bitcoin price is rising again. Maybe before Bitcoin reaches $100k we will be able to see new all time high again.

If bitcoin price passes 72k plus then we can say we have seen another ATH, 75k, 80k and 100k are ATH respectively. 100k could be long time projection and may not happen immediately maybe next year or when there seems to be possible news in the market, but currently bitcoin is recovering from its sentiment.

[alltalk]

If bitcoin price passes 72k plus then we can say we have seen another ATH, 75k, 80k and 100k are ATH respectively. 100k could be long time projection and may not happen immediately maybe next year or when there seems to be possible news in the market, but currently bitcoin is recovering from its sentiment.

It is not easy to cross $72k because Bitcoin price is still around $60k now. We may need 1 month or more, to see the price above $65k again. We can have a chance to see Bitcoin retest to $72k again if Bitcoin already crosses $70k again. Maybe we need good news, it will trigger the price of Bitcoin increasing quickly. Not sure that we will have good news again in the near future, but we still have bad news related to MT Gox. MT Gox still have a schedule to repay their creditors until October 2024. This may continue to hinder Bitcoin price progress to be above $70k again.