Quote from: jaberwock on March 05, 2024, 01:48:05 PM

Quote from: Marvell1 on March 04, 2024, 01:18:38 PM

Quote from: huu78 on March 04, 2024, 12:22:42 PM

It's not said to be late but it's also not said to be early because it's already close to ATH, and I think this is very strange, because usually ATH is created after the halving, but will this year change previous history?

It is true that we will have a chance to make big profits as the bull season is coming but once we invest in bitcoin, it is better to set a long-term goal for many years than just thinking about halving or cycle. So buying bitcoin now is not too late and it is still early if we think about 10 years from now.

In your opinion, will we have a new history this year? Will we reach ATH before halving and even in March? I lean towards that scenario because we have a lot of good catalysts that are having a strong impact on bitcoin. We have the ETF, the halving and there are signs of a world economic recovery, all of this is more than enough to break all barriers to help bitcoin create a super cycle and a completely new history.

I would say that getting a new all time high during March should not be all that difficult, it feels like it could very well happen. I am guessing that it is going to take a while but it won't be that impossible neither. I am guessing that the best thing about the market is the feeling that it's unpredictable, it has gone up so much and yet we are talking about something that will take a while as well, it is just not that much of a big deal for me at all and I think it should be ordinary in the end.

I assume that we are going to end up with a scenario where it should not be all that easy to handle, and it is going to take a while before people could see the price going higher and higher, so there could be correction sometime soon.

We have already touched up the all time high or even break it but only a few bucks but at least its really good to see that we had made it. New ATH would be still ATH and if ever the price would be able to break 70k
then we might be able to see 78k-80k on which this i something that had been projected out on using technical approach.