Post
Topic
Board Speculation
Re: When will bitcoin reach its all-time high?
by
Falconer
on 07/04/2022, 18:14:34 UTC
If you are talking about Bitcoin rallies towards breaking ATH, I think we had observed it before.  It somehow starts some months before the Bitcoin halving.  Probably because of the lesser Bitcoin influx hype, then the market calms down (going sideways) for a few months after the halving. Then start to surge again towards ATH breaking rallies.  This cycle never fails to happen during those Bitcoin halving events.  So yeah, I think history will repeat itself again.
So, do you think the next bitcoin rally for ATH can be expected when the 2024 halving?
Some ATH happened after the halving, it didn't happen by chance and would probably be a good reason why we should hold bitcoin long term and continue to collect it during the downturn. If indeed that is justified, then we will see some dump over 2022 and 2023.