Do you think Bitcoin will hit all-time highs again by the end of the year?

[riberet19]

Bitcoin will hold its halving in a few days, and many people believe that the price will rise after said event has occurred. I believe that we can still see higher prices by the time the halving has occurred and see historical highs again. But let's remember how perverse the market and those who control it can be, so perhaps there could be strong falls before a big rise. What do you think, are you bullish or bearish for the rest of the year?

 

[itermathi]

People expect a bullish for this halving, but as you say, the hands that control it tend to go to what suits them. I vote for Bearish.

 

[riberet19]

People expect a bullish for this halving, but as you say, the hands that control it tend to go to what suits them. I vote for Bearish.

Many things can raise the price or lower it, I have posts in other forums where I detail this in more detail, but right now there is strong downward pressure from hedge funds that are betting bearishly against Bitcoin after the halving, that is, on April 20, apart from that we have already seen that Bitcoin continues to be vulnerable to geopolitical news, for example in the case of Iran's attack on Israel the other day, in which Bitcoin followed the entire financial market in a cascade of liquidations.

The halving is almost always a bullish event for Bitcoin, but past returns do not mean future returns, so you must always have a selling and a buying strategy for these cases.

 

[uptrendfinancialsignal]

From what I've seen, Bitcoin absolutely has a good chance in the cryptocurrency market and we can attest to this through its history of volatility and market sentiment as well.

 

[lens]

As far as I know, Bitcoin has the potential for reaching all-time highs again and again but it will largely depends on market conditions as well.

 

[uptrendfinancialsignal]

From my observation, it seems like the recent trends of Bitcoin indicate a possibility of it recording a new all time high but market fluctuations could be a great influence.

 

[lens]

Moreso, I believe that the performance of bitcoin depends on factors like the adoption, regulation, and institutional interest in the coin.

 

[uptrendfinancialsignal]

If we take a look at the Bitcoin's long-term trajectory, it clearly suggests that it could surpass the previous highs, but we should know that nothing is guaranteed.

 

[lens]

If we consider external events like regulatory developments on cryptocurrency by the government and the macroeconomic, we will conclude that it will have impact the price movement of bitcoin.

 

[mrki444]

Bitcoin halving will start in few days so price should be go up. I think timemstamp for last block is near midnight UTC +1 zone.

 

[magnus2022]

Bitcoin will experience bullish run but it will not reach the expectations of bitcoin lovers. Bitcoin is already on the high side, i don't see it going higher than 70k. Let's wait and watch what will happen.

 

[riberet19]

The halving has just taken place so we can expect price increases over the coming months if demand remains stable or increasing, especially if institutional investors continue to flock to Bitcoin.

 

[King Belieal]

From the analysis so far, it is expected that a new all time record price might happen with the halving. But you never can tell what happens in the world of crypto.

 

[Suba]

I have come across many sites that predict the price of Bitcoin after the halving, but as investors we also have to consider geopolitical pressures or the Iran vs Israel war, interest rates in the United States, and it seems that the price of BTC will fall to $63k at the beginning of May. If the blocking factors can be removed then Bitcoin will form a new ATH.

 

[eLdavis]

I believe it's possible, we are just in the month of April so we still have a long way to go.

 

[Fidelia]

So far so good, we are not seeing the boost we were expecting with halving. If halving ends up having the expected effects, it would hit a new all time high.