Post
Topic
Board Speculation
Re: Bitcoin has never pass ATH before halving but it has always dip don't panic.
by
$weetne$$
on 01/02/2024, 15:38:14 UTC
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.