Bitcoin Halving 2024: Insights and Market Dynamics

[TomPluz]

The Bitcoin halving event is a significant occurrence in the cryptocurrency calendar, and the BTC halving date 2024 holds the potential to be particularly noteworthy. Understanding the impact of halvings on Bitcoin’s perceived value is crucial for comprehending how the industry responds to external influences.

The significance of the BTC halving date 2024 is underscored by industry challenges since the previous halving. These challenges include a global pandemic, surging inflation, geopolitical conflicts, regulatory hostility, and the significant setbacks experienced by some of the industry’s major companies.

Previous halving events have witnessed both pre-halving rallies and subsequent price surges in the months and years following the event. However, it is crucial to note that many factors influence BTC’s price and are not solely determined by halving events.

Source: https://cryptomode.com/education/btc-halving-date-2024/

The years leading to 2024 were years of great significance to humanity as the global population experienced many big challenges and problems and in this year we are still feeling the effects of them all. The world has not yet retuned to its previous self and there is a big chance that we are now entering a different era and into a different direction. Amidst this seemingly bleak situation, the cryptocurrency industry is also adversely affected by events and even by people and to some extent positively impacted as many look at Bitcoin and other coins as safe haven for their assets.

Now that halving is coming in around April, one could only wonder if this single event can trigger for the bullish market that we are all hoping for or would it just be another "sell the news" kind of thing and so we are left disappointed?

[Asiska02]

This is not some kind of ETF news again and this event have been taken place at a prescribed time after every four years. This is a consensus that bitcoin has been working on for years and I don’t think it is going to change. The halving will come but triggering the market immediately is not what is not certain. Until the bull run after halving, the market is expected to be on a slow uptrend and that is expected because it is already a consensus that bitcoin works on after every halving. Halving event won’t be just another sell the news market but will be an event that will lead to the most anticipated bull run coming.

[Charles-Tim]

Now that halving is coming in around April, one could only wonder if this single event can trigger for the bullish market that we are all hoping for or would it just be another "sell the news" kind of thing and so we are left disappointed?

Not sell the news that you are taking about. If the news bring up something and people because of that, are buying bitcoin? That means people are buying the news.

Bitcoin halving is not about buying the news. We do not need the news to tell us anything about it at all. Everything about it can be seen if you can analyze the market price of bitcoin yourself. That some months after halving, the price of bitcoin will increase and reach all-time-high.

[Z-tight]

Now that halving is coming in around April, one could only wonder if this single event can trigger for the bullish market that we are all hoping for or would it just be another "sell the news" kind of thing and so we are left disappointed?

Even in previous halvings there were adversities and challenges in the world as well, it has never been a bed of roses, i know there is still serious economic challenges around the world, but i don't think it is going to affect the expected bull run after the halving.

Take note that the halving is going to be the second big event this year, after the approval of spot etf's in the u.s. market, and not just a single event,.

[KingsDen]

Now that halving is coming in around April, one could only wonder if this single event can trigger for the bullish market that we are all hoping for or would it just be another "sell the news" kind of thing and so we are left disappointed?

I have thought that it will be sell the news kind of thing. But when it seemed like a coincidence between the halving and ETF approval, I had more confidence that if the former does not move the market, the later will. That gave me a strong conviction that the market must be moved.

ETF has happened and I can be correct to say that the effect is negative. Even if it will have positive effects in the future, it is currently negative. So, I am scared that Halving shouldn't just be a replica of ETF.

[ZAINmalik75]

Now that halving is coming in around April, one could only wonder if this single event can trigger for the bullish market that we are all hoping for or would it just be another "sell the news" kind of thing and so we are left disappointed?

Halving cannot be another "sell the news" king of things because history has proved that after halving there comes a bull run in which BTC makes a new all-time high. We know this after seeing halving for like 3 times. Even if we consider the fact that history can't make us predict the future 100% and we should no rely only on past dates, there is still room for other factors likewise you said.

We have technical analysis in our hands, we know a basic fundament that when the halving will decrease and the demand will increase the price of that thing will also increase. At the current moment, adoption is all-time high because big investors like BlackRock and Grayscale are buying heavy amount of BTC which have shorted the BTC supply and after halving the supply will reduce more thus price will increase.

[Z-tight]

ETF has happened and I can be correct to say that the effect is negative. Even if it will have positive effects in the future, it is currently negative. So, I am scared that Halving shouldn't just be a replica of ETF.

I would not say the effect is negative, it just hasn't had any short term effects, i know that too many people expected the price to begin pumping immediately after the halving, but it has not happened that way and it would be a long term effect.

The BTC halving has always had positive impacts and if we are to to by what happened in the past, it would happen again, so i believe that with the etf approval and halving happening this year, the effect on the price would be very positive, but take note that it would not happen immediately.