this post was submitted on 10 Dec 2024
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The original post: /r/cryptocurrency by /u/the_far_yard on 2024-12-10 04:47:10.

| Previous ATH | Halving Date | Date BTC Surpassing Prev. ATH | BTC's Peak Month | |


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| | USD 1,150.00 | July 2016 | February 2017 | December 2017 @ USD 19,783.00 | | USD 19,750.00 | May 2020 | November 2020 | November 2021 @ USD 69,000.00 | | USD 69,000.00 | April 2024 | ~~November~~ March 2024 | October 2025 (?) |

Timing the market is futile- we know, but certain months in the Calendar that might make sense for you to consider your short, medium, and long-term strategy to DCA-out.

2016-2017 run saw BTC reaching its previous ATH in February 2017 (USD 1,150). This is 7-8 months after the halving. The run peaked in December 2017.

2020-2021 run saw BTC reaching its precious ATH in November 2020 (USD 19,783). This is 6 months after the halving. The run peaked in November 2021.

~~This current run is sort of in between, with November 2024 being the month BTC reaching its ATH, in comparison to the previous run. If we follow these two trends alone, we've got a few quarters ahead of us.~~

I had completely read the charts wrong for some reason. BTCh in this cycle reached its previous ATH in March 2024, which completely breaks the trend of the previous 2 cycles.

If there's a hint or anything, plan your DCA-out in ~~Q2-Q3 2025~~ Q1-Q2 2025. But then again, DYOR, but I thought I should share this nugget of information.

Edit 1: Adjustment on a glaring error- BTC's reach to its previous ATH at USD 69k, and adjusting the suggestive exit point.

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