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Author Topic: Why is Bitcoin price dumping before Bitcoin halving?  (Read 5304 times)

Offline lolitalit

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Re: Why is Bitcoin price dumping before Bitcoin halving?
« Reply #75 on: February 20, 2024, 07:07:32 AM »
One of the potential factors in the dumping of the price of Bitcoin can be connected with the event known as "hunting for blocks" (block reward halving). I am reading a lot about cryptocurrency right now. Even sometimes I don't have time to study and I have to buy assignment writing in UK https://ukwritings.com/buy-assignment [nofollow] . It helps me to spend more time on what I like
« Last Edit: February 21, 2024, 09:14:31 PM by lolitalit »

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Re: Why is Bitcoin price dumping before Bitcoin halving?
« Reply #75 on: February 20, 2024, 07:07:32 AM »

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Re: Why is Bitcoin price dumping before Bitcoin halving?
« Reply #76 on: February 20, 2024, 09:57:28 AM »

Seems OP has change with his topic tittle about Why is Bitcoin price dumping before Bitcoin halving?? Today bitcoin success raise up to higher price and touched new highest price for this year. I think close halving bitcoin pump drastically than OP opinion about potential bitcoin will dump before halving.
Start accumulate bitcoin right now and don't scared with many speculation bitcoin will dump before halving time, I believe most right time for investing in bitcoin is before halving time coming and earn much profitable after halving with bitcoin pump drastically.


I think we will see the market correction before bitcoin halving, it's not dumping. Because market correction will always happen before and after bitcoin halving.
Maybe I have a different understanding from others, because when you look at the market correction is not dumping.

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Re: Why is Bitcoin price dumping before Bitcoin halving?
« Reply #77 on: February 20, 2024, 11:09:05 AM »
I think we will see the market correction before bitcoin halving, it's not dumping. Because market correction will always happen before and after bitcoin halving.
Maybe I have a different understanding from others, because when you look at the market correction is not dumping.
You know what's amazing? Last time, absolutely nothing happened on the graph. Who knows, maybe there will be a hoax this time. I am still inclined to believe that there will be (short-term growth) 57-60к, and then we will see what will happen. We're all human, we all make mistakes. If an asset brings in % of income, you should not forget to lock in profits. And how the manipulator decides and what (exactly) he will do, we will see only after a while. + Do not give in to panic and various kinds of manipulation!  ???

Interesting information, "Currently. Bitcoin has risen 6x in a cycle, and halving is 60 days away."

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Re: Why is Bitcoin price dumping before Bitcoin halving?
« Reply #78 on: February 20, 2024, 05:52:35 PM »
I think we will see the market correction before bitcoin halving, it's not dumping. Because market correction will always happen before and after bitcoin halving.
Maybe I have a different understanding from others, because when you look at the market correction is not dumping.
What you said is also my prediction that it is possible that before the halving there will be a correction that might occur, but many are sure that it will happen after the halving. But all analyzes may be different, but that there will be a new ATH created is certainly very much expected, and we will wait for that.

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Re: Why is Bitcoin price dumping before Bitcoin halving?
« Reply #79 on: February 20, 2024, 06:44:12 PM »
I think we will see the market correction before bitcoin halving, it's not dumping. Because market correction will always happen before and after bitcoin halving.
Maybe I have a different understanding from others, because when you look at the market correction is not dumping.
What you said is also my prediction that it is possible that before the halving there will be a correction that might occur, but many are sure that it will happen after the halving. But all analyzes may be different, but that there will be a new ATH created is certainly very much expected, and we will wait for that.
You should always understand that major players in the market have the goal of not only making money from rising cryptocurrency prices, but also making money by cutting hamsters. Things like this always happen a few at a time once per halving season. Each of the investors must have a clear understanding of what is happening in the market and really believe and know about the market's prospects. Then the price drop will not disappoint you.
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Re: Why is Bitcoin price dumping before Bitcoin halving?
« Reply #80 on: February 20, 2024, 10:47:26 PM »

What you said is also my prediction that it is possible that before the halving there will be a correction that might occur, but many are sure that it will happen after the halving. But all analyzes may be different, but that there will be a new ATH created is certainly very much expected, and we will wait for that.


Corrections will always occur before or after the halving, because during the correction whales will buy Bitcoin again. This always happens in every season.
 I also believe, by looking at the current price of Bitcoin, Bitcoin will exceed the previous ATH.

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Re: Why is Bitcoin price dumping before Bitcoin halving?
« Reply #81 on: February 20, 2024, 11:22:10 PM »
Sometimes we have to consider that smart money were also know about this. That's why base on the chart you provided there would be a bearish movement because of manipulations. So we expect for downward movement before the price impulsively increase. So this is not the best time to invest Bitcoin, it's better to wait for a manipulation to occur. If you can determine the manipulation base on candlesticks then you can take advantage for this upcoming halving.
If Bitcoin retests to the price of $58k or at $42k, if that is the case then there will be two roads and two candles that will form the letter V and this will be the same as last year 2021 which also happened twice the strengthening as Bitcoin broke through its new ATH if there is a possibility of similarity I am a little happy because I can buy other coins at a cheap price :)

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Re: Why is Bitcoin price dumping before Bitcoin halving?
« Reply #81 on: February 20, 2024, 11:22:10 PM »


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Re: Why is Bitcoin price dumping before Bitcoin halving?
« Reply #82 on: February 20, 2024, 11:46:15 PM »
What I heard was that Grayscale had sold Bitcoin in large amounts after the Bitcoin ETF was approved, this caused the Bitcoin price to drop.  But now that the price of Bitcoin has shown an extraordinary increase, has investors' enthusiasm increased due to the impact of the Bitcoin ETF?  or is there another cause
In my point of view, the issue about Grayscale sold their Bitcoin was over already. This was the issue when Bitcoin price dropped from $48k to $43k. But the current price is already above $50k, it means we are no longer influenced by the issue. What I see on some crypto news sites, there are positive impacts from Bitcoin ETF. Yes, there is a big enthusiasm from the investors related to Bitcoin ETF.

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Re: Why is Bitcoin price dumping before Bitcoin halving?
« Reply #83 on: February 22, 2024, 09:35:48 AM »
In my point of view, the issue about Grayscale sold their Bitcoin was over already. This was the issue when Bitcoin price dropped from $48k to $43k. But the current price is already above $50k, it means we are no longer influenced by the issue. What I see on some crypto news sites, there are positive impacts from Bitcoin ETF. Yes, there is a big enthusiasm from the investors related to Bitcoin ETF.
I think Grayscale still has Bitcoin that they are holding and waiting until the Bitcoin price reaches $100k because they sold Bitcoin when the price was still around $50k is something that is still detrimental to the company, they are getting so many demands from several big investors that there is no other choice but to sold some of its assets to cover the losses experienced by Grayscale. Hopefully there will be more good news that can increase Bitcoin prices and reach the $100k target in the near future.

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Re: Why is Bitcoin price dumping before Bitcoin halving?
« Reply #84 on: February 23, 2024, 09:37:14 AM »
What I heard was that Grayscale had sold Bitcoin in large amounts after the Bitcoin ETF was approved, this caused the Bitcoin price to drop.  But now that the price of Bitcoin has shown an extraordinary increase, has investors' enthusiasm increased due to the impact of the Bitcoin ETF?  or is there another cause
In my point of view, the issue about Grayscale sold their Bitcoin was over already. This was the issue when Bitcoin price dropped from $48k to $43k. But the current price is already above $50k, it means we are no longer influenced by the issue. What I see on some crypto news sites, there are positive impacts from Bitcoin ETF. Yes, there is a big enthusiasm from the investors related to Bitcoin ETF.

That's right, a bitcoin ETF will have a good impact and I see many investors who are very enthusiastic about buying more bitcoin once a bitcoin ETF is approved. Bitcoin price seems strong and will rise again. I think we will only see a correction until the halving, there will be no dump, that's according to my analysis looking at price movements in the crypto market.

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Re: Why is Bitcoin price dumping before Bitcoin halving?
« Reply #85 on: February 23, 2024, 12:12:01 PM »
Bitcoin price was dumping before halving because grayscale sold his BTC in huge amount. Bitcoin is recovering again now and touch $ 47K, no worries about the bitcoin performance at this year. Keep hold and patient.

The Bitcoin halving created huge opportunities for investors, and the savvy ones certainly took advantage of that opportunity. Bitcoin price drops from 48k to 38k after Bitcoin ETF gets approval. The investor who has invested in this period has seen huge money dividends in the current period. So if you still want to invest for a long time, then you can definitely arrange a long-term holding to hold till 2025. Currently the price of Bitcoin is at 51K, and there is a high possibility that this Bitcoin will improve to 150K in the future.

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Re: Why is Bitcoin price dumping before Bitcoin halving?
« Reply #86 on: February 23, 2024, 07:59:31 PM »
Bitcoin price was dumping before halving because grayscale sold his BTC in huge amount. Bitcoin is recovering again now and touch $ 47K, no worries about the bitcoin performance at this year. Keep hold and patient.

The Bitcoin halving created huge opportunities for investors, and the savvy ones certainly took advantage of that opportunity. Bitcoin price drops from 48k to 38k after Bitcoin ETF gets approval. The investor who has invested in this period has seen huge money dividends in the current period. So if you still want to invest for a long time, then you can definitely arrange a long-term holding to hold till 2025. Currently the price of Bitcoin is at 51K, and there is a high possibility that this Bitcoin will improve to 150K in the future.

Well, it's not that I dream very optimistically, but $250k to $300k if possible, because all the impetus that has been had from the approval of the ETFs plus the Halving, I think that could make a very good explosion, of course This is a supposition, it's not that this will happen, but it may be that things happen by that time and it could be favorable for everyone, in this order of things I expect a lot for the price of bitcoin, I have hope that it could be something big and that could be beneficial for those who are starting to have some fraction of btc, the most important thing now is to accumulate as much bitcoin as possible so that you can enjoy the benefits of this, and the greatest expectations are for the 2025v, which is 4 years old and well, according to the behavior of bitcoin, every 4 years a new ATH occurs.

This is what we expect, of course this is not necessarily a pattern, but it serves a lot to guide us as to what bitcoin's behavior may be like.
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Re: Why is Bitcoin price dumping before Bitcoin halving?
« Reply #87 on: February 23, 2024, 09:12:16 PM »

don't you guys think the price of BTC will be dumping after halving instead?

the price is already going to the moon without yet the halving and if my gut feeling is right, BTC could be dumping a few days after halving. it may just shoot up to $60K for awhile and then dive back to $40K+ to shake off the weak hands and then go up again.  i feel like this pump is too good to have no flash hiccups that will refresh its overbought heights.

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Re: Why is Bitcoin price dumping before Bitcoin halving?
« Reply #88 on: February 23, 2024, 10:33:54 PM »
The first Bitcoin halving began in 2012, before the Bitcoin halving, the price of Bitcoin dropped significantly as investors were allowed to buy Bitcoin. 2016, 2020 produced similar historical signs of Bitcoin price decline. The price of Bitcoin has also fallen significantly during this halving in 2024, currently there are only 87 days left until the Bitcoin halving takes place. In the year following the Bitcoin halving, the price of Bitcoin rose again to its highest level. So currently I see the biggest investment opportunity in Bitcoin price before this Bitcoin halving. So those of you who are still without Bitcoin investment must use this opportunity to get huge profits in the future.

 By looking at this chart you will surely understand.


photo link

Local Board Topic: https://www.altcoinstalks.com/index.php?topic=316081.msg1479040#msg1479040
With our impending bull market ahead and the Bitcoin halving not too far away, we can certainly continue to invest with these two threads in mind. As we are not long before the halving and if there is market dumping before and after the halving we will definitely take that opportunity. If we observe the charts of the past few years we can see that within a few months of the Bitcoin halving but the upcoming bull market has begun. But this time the battle of who will be the bull market is very exciting so everyone should move forward with the hope that no one misses this bull market.

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Re: Why is Bitcoin price dumping before Bitcoin halving?
« Reply #89 on: February 23, 2024, 11:43:41 PM »
The Bitcoin halving created huge opportunities for investors, and the savvy ones certainly took advantage of that opportunity. Bitcoin price drops from 48k to 38k after Bitcoin ETF gets approval. The investor who has invested in this period has seen huge money dividends in the current period. So if you still want to invest for a long time, then you can definitely arrange a long-term holding to hold till 2025. Currently the price of Bitcoin is at 51K, and there is a high possibility that this Bitcoin will improve to 150K in the future.
Yes. Bitcoin halving triggers the chance for high increase of Bitcoin price. It really makes a big difference for Bitcoin price trend. If we have no Bitcoin halving, people may have no chance for huge profits from Bitcoin. After Bitcoin ETF was approved, the hype seems higher and higher, it makes Bitcoin price easily increase now. But we don't dream too much that Bitcoin to be $150k, always plans for a reasonable goal.

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