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

[SmartGold01]

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.

[Z-tight]

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.

[Captain Corporate]

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.

[kulkhan]

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.

[Wiseman]

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.

[dekafee79]

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.

[sagarmota10]

As per market structure we can see new ATH before 2024 and I personally expected the new ATH at the end of Nov 24.

[Azaleea]

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.

[Parzival204]

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.

[Crwth]

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.

[doc]

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.

[pieppiep]

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.

[Ricardo11]

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.

[Tribalchief]

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.

[legend45]

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.