is $60k the floor rate of bitcoin after halving?

[Faisal2202]

Naturally I am having this feeling that 60k isn't gonna be the floor rate we might see before bull run start fully.. drop your comments

You are right, although I also had the same idea that BTC won't be going below $60k again, but when I saw it touching it a few times, now I can say, BTC might touch $58k and if drops more, it can touch $53k even. $53k is a big number and many might consider booking seed profit after knowing this but what I think now is, it is possible for BTC to touch that number. But the chances of this possibility is 20%.

As it depends on several factors, currently market is in technical state, mean only volume is making moves, no fundamental factor is causing any kind of disruption (AFAIK), Well, I am planning to book some profit now, or maybe not, but my main target was bull run after halving. Well, at the current time we should invest in ALTs they are at good rates.

[LUCKMCFLY]

Naturally I am having this feeling that 60k isn't gonna be the floor rate we might see before bull run start fully.. drop your comments

You are right, although I also had the same idea that BTC won't be going below $60k again, but when I saw it touching it a few times, now I can say, BTC might touch $58k and if drops more, it can touch $53k even. $53k is a big number and many might consider booking seed profit after knowing this but what I think now is, it is possible for BTC to touch that number. But the chances of this possibility is 20%.

As it depends on several factors, currently market is in technical state, mean only volume is making moves, no fundamental factor is causing any kind of disruption (AFAIK), Well, I am planning to book some profit now, or maybe not, but my main target was bull run after halving. Well, at the current time we should invest in ALTs they are at good rates.

We all have our presentations about the halving event, for me it will be a big thing, but to say that this is a price that can vary before the halving, yes, for me it can reach $73k again, maybe a little more, after that, anything can happen, in particular many will be waiting for bitcoin to increase a lot, but it may be that while waiting for this a big drop in price may occur, and this is something that is because the whales still have a very great power in the market, but the inevitable will happen and yes, the price will increase. What I think is that after the halving a 4-year cycle will be completed in 29025. If you combine this effect of the cycle plus the halving, it could be something great, the price will be crazy.

[UNIVERSE]

Naturally I am having this feeling that 60k isn't gonna be the floor rate we might see before bull run start fully.. drop your comments

You are right, although I also had the same idea that BTC won't be going below $60k again, but when I saw it touching it a few times, now I can say, BTC might touch $58k and if drops more, it can touch $53k even. $53k is a big number and many might consider booking seed profit after knowing this but what I think now is, it is possible for BTC to touch that number. But the chances of this possibility is 20%.

With just a few days left of the halving, markets are increasingly worried. For apra hsort term, this may be quite risky. If it is for the long term, this might be one of the moments that is relied upon to return to accumulation. The problem is that we lack capital for accumulation. So, all you have to do is wait for the BTC price to rise again. but it definitely won't be easy.

It looks like there will indeed be another decline below $60k if you look at how market response is in the current situation. Panic selling will definitely happen again in the next few days. especially if more and more people think about the effects of miners selling their Bitcoins, which actually won't be too significant. But it is the community's response that will definitely make this different. And maybe we need a few more months for Bitcoin to actually break through the new ATH. Or, is it possible that after the halving, BTC can first print a new ATH before there will be another crash?

[bayu7adi]

Maybe yes, because I think $60k and below is a position that will never exist again after the halving occurs... the price should be bullish every day for the next few months (if you still adhere to the previous cycle formula)... and for a price of $60 before the halving won't happen for a long time...

Apart from that, the halving will also occur in the next few days, I think everyone will start to consider formulating their strategy to face the bullish market in the near future.

[0t3p0t]

Maybe yes, because I think $60k and below is a position that will never exist again after the halving occurs... the price should be bullish every day for the next few months (if you still adhere to the previous cycle formula)... and for a price of $60 before the halving won't happen for a long time...

Apart from that, the halving will also occur in the next few days, I think everyone will start to consider formulating their strategy to face the bullish market in the near future.

Yeah because based on a video I watched just recently on social media, we will be seeing Bitcoin $85k up in the coming months after halving so yeah it could be true though it could also be wrong but still we have time to prepare for it.

[Jamal Aezaz]

The current situations are so worse that we cannot identify anything about the future therefore keep calm until halving occurs and once halving takes place then according to predictions price will not be much easily predicted because everyone will find an opportunity to sell their coins.

The market of crypto is not easy to predict an hour before so we cannot say anything that will go below from 60k$ or will pump but consecutive pumps and Dump are possible to take place. If people sell more Bitcoin at the time of halving then the possibility here is that we will see another dump but that will not be the time to panic as in crypto it is normal.

[DabsPoorVersion]

Does it mean that we are automatically going to witness another serious dip?
Currently the price of bitcoin isn't pleasing anymore and I would want someone to tell me if there's more possibility for the price to drop more dip or maybe it will limits to only 60k.

Naturally I am having this feeling that 60k isn't gonna be the floor rate we might see before bull run start fully.. drop your comments

It may or may not happen. Bitcoin price is unpredictable and even a single bad news might affect Bitcoin, not only because we are coming nearly in halving. Its price will suddenly go down without anyone expecting it. Just like the dip that recently happened. Some people say that the recent dip was because of the progress of the war, even though we are only getting nearer to the halving event, we can already see the dip.

[Fivestar4everMVP]

Does it mean that we are automatically going to witness another serious dip?
Currently the price of bitcoin isn't pleasing anymore and I would want someone to tell me if there's more possibility for the price to drop more dip or maybe it will limits to only 60k.

Naturally I am having this feeling that 60k isn't gonna be the floor rate we might see before bull run start fully.. drop your comments

Don't say that the current price movement of bitcoin is not pleasing anymore, there was never a time you should expect the price of bitcoin to just keep going up without any form of retracement and or corrections like we have witnessed in the last few days and hours, and this is because, the more bitcoin pauses it's upward movements to do some corrections, the healthier the market is, and the more higher the price is likely to go when next the upward movement begins again.

So, appreciate the downtime same way you appreciate the uptime, see and take the down time like this as a golden opportunity to buy more bitcoin at a discount price, for one rule in crypto is that, you should never be in a dare hurry to sell and take profit, most especially, if it's bitcoin we are talking about.

And concerning the floor price, bitcoin has retraced below $60k like two days ago, but it quickly returned back to above $60k, so, by that move, I guess it's safe to say that $60k is the floor.
Right now, the price seems to be going up, let's see if the momentum will continue or it will drop again, causing bitcoin to experience another down turn.

[Don Pedro Dinero]

There is no floor.
There are no guarantees

A war  , a country ban, a world crisis   etc.. some events may force the price down to 50k.

We have wishes and feelings, but no more than that..

Right. People talk about floors because of those who draw charts and ignore the real world. Not so long ago the floor was considered to be the ath of the previous cycle but this very cycle we spent a month and a bit below $20,000.  It is normal to think that as the price rises the floor will be higher, but it is difficult to guess exactly. I think it would be better to talk about ranges when talking about possible lows.

[SmartGold01]

Does it mean that we are automatically going to witness another serious dip?
Currently the price of bitcoin isn't pleasing anymore and I would want someone to tell me if there's more possibility for the price to drop more dip or maybe it will limits to only 60k.

Naturally I am having this feeling that 60k isn't gonna be the floor rate we might see before bull run start fully.. drop your comments

Don't say that the current price movement of bitcoin is not pleasing anymore, there was never a time you should expect the price of bitcoin to just keep going up without any form of retracement and or corrections like we have witnessed in the last few days and hours, and this is because, the more bitcoin pauses it's upward movements to do some corrections, the healthier the market is, and the more higher the price is likely to go when next the upward movement begins again.

So, appreciate the downtime same way you appreciate the uptime, see and take the down time like this as a golden opportunity to buy more bitcoin at a discount price, for one rule in crypto is that, you should never be in a dare hurry to sell and take profit, most especially, if it's bitcoin we are talking about.

And concerning the floor price, bitcoin has retraced below $60k like two days ago, but it quickly returned back to above $60k, so, by that move, I guess it's safe to say that $60k is the floor.
Right now, the price seems to be going up, let's see if the momentum will continue or it will drop again, causing bitcoin to experience another down turn.

I don't practically mean that the price is not appealing or not appreciating the level where we are now, but if you must know those who ventured the market at the price of 73k with the mindset that the market gonna touched 100k before the halving today. What would be their fate since there has been a reverse movement since it touches 73k plus till today, if you were newer investor or a newbie in the system don't you think you would feels so sad for losing about 7 to 10 percent of your investment?

Yes if course, as humans we are we being controlled by emotions and feelings especially when it comes about money, no one can actually withstand seeing their asset depreciate so severely and you want them to keep jumping up/down because they are losing, no, it doesn't work that way because it's a hand earned money therefore whatever goes wrong with our funds we must have a rethink if where that funds is going to.

Between, I really appreciate the bitcoin price for moving till this level considering the time I made my investment, I will say I have seen not less than 50 percent or more of my investment despite the market retraced in way that its looking for a correction to go back it's previous price.

[Faisal2202]

We all have our presentations about the halving event, for me it will be a big thing, but to say that this is a price that can vary before the halving, yes, for me it can reach $73k again, maybe a little more, after that, anything can happen, in particular many will be waiting for bitcoin to increase a lot, but it may be that while waiting for this a big drop in price may occur, and this is something that is because the whales still have a very great power in the market, but the inevitable will happen and yes, the price will increase. What I think is that after the halving a 4-year cycle will be completed in 29025. If you combine this effect of the cycle plus the halving, it could be something great, the price will be crazy.

BTc touching $73k is a must and according to my presentation, $77k is also a must because the inflation CPI data indicates that BTC never made new ATH according to inflation as the last time ATH of $69k is equal to the $77k in the current era, which means it has to cross $77k to break the ATH inflation wise. Overall, I know BTC have enough potential to cross $100k easily but still, I am looking at the side where the price will be touching $53k and people will be panicking.

What do you mean by 29025? as overall halving? Do you mean halving will take place till year 29025? if yes then another statistic says that overall BTC will be mined at 2140 years. Well, and yeah the cycle and halving effect has a big effect on BTC price after all they are the main ingredients of scarcity.

[TopT3ns]

BTc touching $73k is a must and according to my presentation, $77k is also a must because the inflation CPI data indicates that BTC never made new ATH according to inflation as the last time ATH of $69k is equal to the $77k in the current era, which means it has to cross $77k to break the ATH inflation wise. Overall, I know BTC have enough potential to cross $100k easily but still, I am looking at the side where the price will be touching $53k and people will be panicking.

What do you mean by 29025? as overall halving? Do you mean halving will take place till year 29025? if yes then another statistic says that overall BTC will be mined at 2140 years. Well, and yeah the cycle and halving effect has a big effect on BTC price after all they are the main ingredients of scarcity.

To reach a price as expensive as you mentioned will likely be very difficult to happen, Bitcoin needs good news that can trigger an increase in the price of Bitcoin. This year it could go to $73k again so it will be difficult to achieve. But if there is no good news then it will be difficult to reach the latest ATH price.

[LUCKMCFLY]

We all have our presentations about the halving event, for me it will be a big thing, but to say that this is a price that can vary before the halving, yes, for me it can reach $73k again, maybe a little more, after that, anything can happen, in particular many will be waiting for bitcoin to increase a lot, but it may be that while waiting for this a big drop in price may occur, and this is something that is because the whales still have a very great power in the market, but the inevitable will happen and yes, the price will increase. What I think is that after the halving a 4-year cycle will be completed in 29025. If you combine this effect of the cycle plus the halving, it could be something great, the price will be crazy.

BTc touching $73k is a must and according to my presentation, $77k is also a must because the inflation CPI data indicates that BTC never made new ATH according to inflation as the last time ATH of $69k is equal to the $77k in the current era, which means it has to cross $77k to break the ATH inflation wise. Overall, I know BTC have enough potential to cross $100k easily but still, I am looking at the side where the price will be touching $53k and people will be panicking.

What do you mean by 29025? as overall halving? Do you mean halving will take place till year 29025? if yes then another statistic says that overall BTC will be mined at 2140 years. Well, and yeah the cycle and halving effect has a big effect on BTC price after all they are the main ingredients of scarcity.

What you say is very interesting, no, what a pity, I am referring to the year 2025, I did not know about ATH inflation, but it sounds quite logical, of course what I am saying is that we are still at a strong standard, but we are already heading after the halving so it is a great price, and in 2025 the 4-year cycle is completed, after that cycle I think there can be a very good Bullish trend with a possible very dangerous ATH, that is what many also expect, and if produces the Halving effect, the ETF effect and the 4 year effect, I think the price will be very explosive and good towards a very bullish rally.

[Blaze]

We all have our presentations about the halving event, for me it will be a big thing, but to say that this is a price that can vary before the halving, yes, for me it can reach $73k again, maybe a little more, after that, anything can happen, in particular many will be waiting for bitcoin to increase a lot, but it may be that while waiting for this a big drop in price may occur, and this is something that is because the whales still have a very great power in the market, but the inevitable will happen and yes, the price will increase. What I think is that after the halving a 4-year cycle will be completed in 29025. If you combine this effect of the cycle plus the halving, it could be something great, the price will be crazy.

BTc touching $73k is a must and according to my presentation, $77k is also a must because the inflation CPI data indicates that BTC never made new ATH according to inflation as the last time ATH of $69k is equal to the $77k in the current era, which means it has to cross $77k to break the ATH inflation wise. Overall, I know BTC have enough potential to cross $100k easily but still, I am looking at the side where the price will be touching $53k and people will be panicking.

What do you mean by 29025? as overall halving? Do you mean halving will take place till year 29025? if yes then another statistic says that overall BTC will be mined at 2140 years. Well, and yeah the cycle and halving effect has a big effect on BTC price after all they are the main ingredients of scarcity.

What you say is very interesting, no, what a pity, I am referring to the year 2025, I did not know about ATH inflation, but it sounds quite logical, of course what I am saying is that we are still at a strong standard, but we are already heading after the halving so it is a great price, and in 2025 the 4-year cycle is completed, after that cycle I think there can be a very good Bullish trend with a possible very dangerous ATH, that is what many also expect, and if produces the Halving effect, the ETF effect and the 4 year effect, I think the price will be very explosive and good towards a very bullish rally.

The halving took place a few days ago and the price of bitcoin only rose a few percent after the halving occurred. This is quite a difficult test for traders because we have to be patient and wait for the price to rise higher. No one knows exactly when that happened.

[gunhell16]

Does it mean that we are automatically going to witness another serious dip?
Currently the price of bitcoin isn't pleasing anymore and I would want someone to tell me if there's more possibility for the price to drop more dip or maybe it will limits to only 60k.

Naturally I am having this feeling that 60k isn't gonna be the floor rate we might see before bull run start fully.. drop your comments

I think that the correction that is happening now in bitcoin after this halving will actually be lowered. And what I really see based on my technical and fundamental analysis is that $50,000 is the lowest support that can lower the price value.

But this is just my analysis, but even now that the halving, retracement, or liquidation is over, it will actually happen, and we are not sure how long it will take, so the ranging will take a long time for sure.