So I want to keep this really Brief but,
I was just reading some threads as I do often on the forum and I noticed a thread that talks about Bitcoin ATH and even so, recognizes that Bitcoin is still climbing. Of course it might be an ATH given that, it already broke the existing at the time. Even so, we know that it’s not going to be hooked there and price appreciation is still going to continue pushing for more.
So, exactly when can we have declare an ATH to be?
Is it really subjected to any price that just broke the previous ATH even when we know it ain’t going to hold for long? Because we just might have way too many ATH in the previous!
We obviously declare ATH when we no longer see the price climbing up, and this is usually on the last quarter a year after the halving. So in this case if could be in 2025, maybe November or December to reach a new ATH and the price reaches it top. in 2017, it was December close to $20k, and in 2021, it was November, $69k.
So in the current bull run, it's a question what will be the ATH, conservative estimates is around $100k-$150k. But we will see, no one can see the future, what we are hearing are just pure speculation and wild educated guesses.