Can BTC Reach a New ATH before the end of 2024?

[PX-Z]

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.

[Fivestar4everMVP]

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..

[TomPluz]

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.

[legend45]

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?

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.

[Faisal2202]

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

[Tribalchief]

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.

[Hisbullah]

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

[0t3p0t]

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.

[taufik123]

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

[rizqillah]

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

[Blaze]

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.

[taufik123]

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.

[LogitechMouse]

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.

[Fivestar4everMVP]

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.

[rizqillah]

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.