I agree on this, because if it does lowering prices then it just constitute with some kind of retracement or market correction. Because what happen is that price will be manipulated so that it will create fear again and investors won't buy. But instead price will rally again, once the price is too high or premium enough, then those who bought on lower prices is expected of course to take their profits.
With that large amount taken from the market, price will drop. And if the buying volume cannot compensate with the selling pressure, then price going lower will be expected. But otherwise until it hasn't happened yet, you should be expecting higher prices on bitcoin.
As long as we're done with the halving, it's expected to see the price increase and we don't know when exactly it will be. But as for the manipulation, they might come through the news, FUDs or some statements from these "market experts" that will play the emotion of everybody.
Before? Usually, the ATH happens after the halving and that's why despite that there's a new ATH before the halving for this cycle, I don't think we're on the peak yet.
Well, technically if something happens 1 year after the halving it will also happen 3 years before the other halving, so as usually with all the charts where people try their best to find patterns you can cling to every detail to enforce your theory.
That makes sense and it's a continuous basis for most of us. So that's right and thank you for that as every detail based on someone's theory on how he reads the patterns could be right as well.
Before? Usually, the ATH happens after the halving and that's why despite that there's a new ATH before the halving for this cycle, I don't think we're on the peak yet.
You are right. OP also stated it, the Rainbow Graph also pointed that the next ATH may be in the end of this year or in the early of 2025.
Regarding the new ATH, sure we already have a new ATH, it is $73,750. The newest ATH was reached in Mar 14, 2024. The next ATH is predicted to be achieved in this month, when we have Bitcoin halving.
https://coinmarketcap.com/currencies/bitcoin/Hopefully, that we'll reach and see that before this year happens but as for the holders that have been set and believes that the next ATH will cross by 2025. But either way, all of us are wanting to see it soon.