Quote from: $weetne$$ on Today at 03:38:14 PM

Quote from: Gallar on January 27, 2024, 09:22:17 AM

And when talking about ATH, it seems a bit difficult for Bitcoin to touch ATH before the halving occurs. Never mind before the halving occurs, even after the halving occurs Bitcoin still takes quite a long time to reach ATH. A big example is the bitcoin halving that occurred in 2020. At that time, bitcoin took around 18 months (1.5 years) to reach its ATH. So you could say that ATH before the halving occurs is very unlikely. So if anyone thinks that's going to happen, I think they have to hope for a very long time. Grin

Yeah but I don't this time we'll have to wait for that long of a time for Bitcoin to be tracing above it's previous ATH. Last bull market came during a time the whole was in lockdown. The pandemic cause everything to be difficult and people didn't have money to spare, every individual was holding their money because they didn't know if the pandemic will continue and cause more hardship and it has been long the world was in that type of recession therefore everybody was only being cautious. This time more money is coming into the market and more people are getting to know about Bitcoin therefore they'll be buying too. The ATH will come after the halving but it won't take very long and that's my opinion.

We are all free to think and come up with our own opinion but the facts remains that nobody can predict when the bull run will come in this circle. This was how most people thought that after the approval of bitcoin ETF, the price will continue to skyrocket nut it didn't play out that way. We cannot use bitcoin history to predict the future accurately, because 2020, and 2021 is different from 2024 and 2025, since a lot has changed. Some say that the bull run will come in the last quarter of this year and some said it will be next year, so let us relax and fill up our bags now that the price is affordable, and wait for the right time that the bull will appear.