This is mainly focused on those that deal on future or don't have strong hands because holders can persevere through trying times and come out victorious.
Okay this is born out of my pessimism though. What if the early stage of this halving would be similar to ETF approval.
Like people are already buying the rumor I believe many would sell the news and a dump would occur after or a day/two before the halving. What are your thoughts on this?
Does selling the news still apply here?
Note :This is not really a advice. In my opinion if you longing bitcoin in future in this coming months do so with sufficient funds and good risk management accompanied by lower leverage.
We all know that there would be a rise after an halving, but who would benefit are those with strong hands and the ability not to be swayed by market dip.
Still on the topic, what are your thoughts on the early days of this halving?
Still on the topic, what are your thoughts on the early days of this halving?Bitcoin may not start to increase immediately but it will not likely fall also. There will be slight increase in the price even though not that increasing. It may take weeks or few months when the price will start to increase significantly. I still think bitcoin can go up to $100000 or above in this year. And that is what we should focus on and not short term effect. Non of my business with buy the news and sell the rumour but to keep buying if bitcoin falls in price or wait if the price continues to increase.
Still on the topic, what are your thoughts on the early days of this halving?I think you concerns are valid and anything can happen in crypto world, but I believe this time after the halving we may see huge pump but there's chance of a dump as well. If institutional investors continue their trend of purchasing then we will surely see new peaks after the halving event.
Still on the topic, what are your thoughts on the early days of this halving?
I think there is no need to be pessimistic, as I do not think that this halving will be similar to an ETF approval in any way. I do not deny that this will happen, but I see it as a very weak possibility.I don't think need pessimistic with bitcoin price although drop drastically last days, wake up and recheck market again after bitcoin increasing drastically today and I think unusual with bitcoin get correction. ETF Bitcoin approval give bigger impact helped bitcoin raise to higher price although take moment waiting for almost one month, next moment we are waiting with halving will more optimistic bitcoin pump drastically?
You will always see at every decline there are many people with weak hearts and hands who abandon their Bitcoin immediately, but those who believe in Bitcoin and its power will know that Bitcoin is able to overcome this easily.
Today we see how the rise has begun again despite the major correction that occurred, so I do not see any justification for fear or selling at cheap prices because the big rise is inevitably coming.
This is one of my biggest fear as far as the price of BTC is concerned because I am really expecting that right before and during halving it would already be hovering in the $100K range. s always, I am wrong and my plans are being derailed. I should have cashed out when the price was at the $73K level...right now it is $63K with a big difference of $10K. I should have listened to an article I read that predicted this dip before the halving. Certainly, this can be a manifestation of the "sell the news" phenomenon pushing the narrative that indeed Bitcoin is really so volatile. Still, am hoping that before the halving the price can approach the $70K zone.
As long as its not future trading there's nothing to fear
This is one of my biggest fear as far as the price of BTC is concerned because I am really expecting that right before and during halving it would already be hovering in the $100K range. s always, I am wrong and my plans are being derailed. I should have cashed out when the price was at the $73K level...right now it is $63K with a big difference of $10K. I should have listened to an article I read that predicted this dip before the halving. Certainly, this can be a manifestation of the "sell the news" phenomenon pushing the narrative that indeed Bitcoin is really so volatile. Still, am hoping that before the halving the price can approach the $70K zone.
What I'm trying to say is if it would fall like ETF news recall that it fell from around $49K and went to $38.5 but now crossed $70K and currently $67K this is the beauty of Bitcoin. It always beats it's new high after a dip.I think that's a good strategy to have. Always expect a dump after a major event that is hyped happened, since most retail traders or big players will likely sell since they share the same sentiment as your point above. I believe it is similar to a self-fulfilling prophecy where people are selling the news even though nothing fundamentally changed. Just the nature of how weak hands navigate the market if you ask me. Nothing is wrong with taking profits, but overly optimistic or pessimistic is not the way to do it. Being too emotional is always a negative thing regardless of what assets you invested.
As this cycle has been rather atypical, breaking the regularities observed in previous cycles, most of us are more insecure than ever. Even so, I still believe that 2024 will be a positive year, very positive, and that we will cross the $100,000 mark, but I would not be surprised by downward movements at any time that will scare retail investors who have entered at the highs and make them sell.
Still on the topic, what are your thoughts on the early days of this halving?I also have the same feelings as I read somewhere that days after halving might be in red, but that does not mean the market will remain red all the time, just like you said, halving might bring the same result that ETF's approval brought, and that was slow uptrend, but at least it brought the result we all were waiting for. Which means halving will also do the same so nothing to be worrying about here.
This is one of my biggest fear as far as the price of BTC is concerned because I am really expecting that right before and during halving it would already be hovering in the $100K range. s always, I am wrong and my plans are being derailed. I should have cashed out when the price was at the $73K level...right now it is $63K with a big difference of $10K. I should have listened to an article I read that predicted this dip before the halving. Certainly, this can be a manifestation of the "sell the news" phenomenon pushing the narrative that indeed Bitcoin is really so volatile. Still, am hoping that before the halving the price can approach the $70K zone.I don't think we should worry about price action at Halving. Whether it goes up or down, it is just a normal fluctuation of this market. We are in an uptrend, the price increase is dominating the price decrease is just an adjustment to consolidate the uptrend. I think we should focus on working to have more investment capital instead of being afraid of uncertain things that will happen and their impact on the crypto market is negligible.
Like people are already buying the rumor I believe many would sell the news and a dump would occur after or a day/two before the halving. What are your thoughts on this?Month-to-date, Bitcoin is still up by ~$3000 even though we've seen a huge dump after it's continuous price increase.
Does selling the news still apply here?
From the beginning, I personally have had this thought that this halving circle is quite different from the other previous circles we've seen or had in the past, like for example, this circle is the very first where we witnessed bitcoin record a new all time high while halving is still several days away, so any one who expected that the price of bitcoin will behave just the same way it behaved in the previous circles might be totally wrong and that might lead to several wrong investment decisions.Yeah this also what I expected before and after halving. Things will be very different this time as we all know pandemic has impacted the previous halving event so this time the opposite has happened since the approval of Bitcoin ETF was successful and that triggered a huge leap of price that hit the new all time high. And from that perspective a lot of things might happen before and after the said event and for sure new batch of crypto millionaires will exist after that.
The current bitcoin price correction we are witnessing is long over due, and this actually means that we are still a in very healthy market.
Personally, I am not looking at the current price of bitcoin, or what how the market behaves during the halving, one thing I know for sure is that, bitcoin and some other good altcoins are going to the moon this year and next year, and every dip is an opportunity to accumulate more of any coin we feel we don't have enough of..
I am expecting to see bitcoin below $45,000 before it starts to rise again, and this may happen after the halving.
Not financial advice though.
Yeah this also what I expected before and after halving. Things will be very different this time as we all know pandemic has impacted the previous halving event so this time the opposite has happened since the approval of Bitcoin ETF was successful and that triggered a huge leap of price that hit the new all time high. And from that perspective a lot of things might happen before and after the said event and for sure new batch of crypto millionaires will exist after that.That's right, many traders who are in ETFs have been waiting for Bitcoin until finally the whales in cryptocurrency realized this and the whales also pumped the price of Bitcoin to very high levels. Hopefully the halving that will occur in the next few days can provide an even higher price increase. from the previous.
Stay calm and keep holding bitcoin until it reaches its highest price at the end of this year.Not just the whales but people trading bitcoin are many and they are holding than selling which makes bitcoin to become scarce and the price increasing. Also that if someone do not need the money invested on bitcoin, he can wait until bitcoin increase significantly in 2025. The prediction is that bitcoin bull run will last till 2025. But some people may sell earlier but not sell all which I think is a good strategy.
If you look at the price of bitcoin on the exchange today, there is a very good movement and this is proof that whales are trying to raise the price of bitcoin again because it is approaching the halving.
It is true that currently more and more people prefer to hold bitcoin for a very long time because maybe they already understand that the potential that Bitcoin has is very high so holding bitcoin for a very long time will be the right and safe choice.Stay calm and keep holding bitcoin until it reaches its highest price at the end of this year.Not just the whales but people trading bitcoin are many and they are holding than selling which makes bitcoin to become scarce and the price increasing. Also that if someone do not need the money invested on bitcoin, he can wait until bitcoin increase significantly in 2025. The prediction is that bitcoin bull run will last till 2025. But some people may sell earlier but not sell all which I think is a good strategy.
If you look at the price of bitcoin on the exchange today, there is a very good movement and this is proof that whales are trying to raise the price of bitcoin again because it is approaching the halving.
Not just the whales but people trading bitcoin are many and they are holding than selling which makes bitcoin to become scarce and the price increasing. Also that if someone do not need the money invested on bitcoin, he can wait until bitcoin increase significantly in 2025. The prediction is that bitcoin bull run will last till 2025. But some people may sell earlier but not sell all which I think is a good strategy.Basically after halving comes another bear market, I don't know how possible is this since most people always said that after halving we experience little dip which might likely affects many holders to stair them to panic sell than holding throughout the hard time. So any thing next year is when we are going to experience full bull run than now, however is just few days left for the halving let see what the price could be.
Still on the topic, what are your thoughts on the early days of this halving?Are there other things to expect from the early days of halving, since currently, the price of bitcoin is still at a high price and the halving in question is in a few weeks?
Not just the whales but people trading bitcoin are many and they are holding than selling which makes bitcoin to become scarce and the price increasing. Also that if someone do not need the money invested on bitcoin, he can wait until bitcoin increase significantly in 2025. The prediction is that bitcoin bull run will last till 2025. But some people may sell earlier but not sell all which I think is a good strategy.Basically after halving comes another bear market, I don't know how possible is this since most people always said that after halving we experience little dip which might likely affects many holders to stair them to panic sell than holding throughout the hard time. So any thing next year is when we are going to experience full bull run than now, however is just few days left for the halving let see what the price could be.
Basically after halving comes another bear market, I don't know how possible is this since most people always said that after halving we experience little dip which might likely affects many holders to stair them to panic sell than holding throughout the hard time. So any thing next year is when we are going to experience full bull run than now, however is just few days left for the halving let see what the price could be.Don't you learn the cycle of bearish and bullish season?
Yes, currently there may be a bearish situation because as you said, the cryptocurrency price movement cycle only has two directions, bullish and bearish, a few days ago the bullish happened, now is the time for the bearish and we have to prepare our safety belts because there will be a collapse.Basically after halving comes another bear market, I don't know how possible is this since most people always said that after halving we experience little dip which might likely affects many holders to stair them to panic sell than holding throughout the hard time. So any thing next year is when we are going to experience full bull run than now, however is just few days left for the halving let see what the price could be.Don't you learn the cycle of bearish and bullish season?
If you learn it, you must be aware that it will last 4 years. 2 years for bearish and 2 years for bullish. We just experience 1 year bullish season, there should be 1 more year. And according to the history, the ATH of most coins will be in the 2nd year of bullish season. That's why people predicted the altcoins season and the ATH of BTC will be in 2025.
Why we are afraid of another bearish after halving?
If you learn it, you must be aware that it will last 4 years. 2 years for bearish and 2 years for bullish. We just experience 1 year bullish season, there should be 1 more year. And according to the history, the ATH of most coins will be in the 2nd year of bullish season. That's why people predicted the altcoins season and the ATH of BTC will be in 2025.This is my first time seeing the 4 years cycle interpreted this way. It makes sense if you view the sideway accumulation that happens as bearish (or bullish, depending on how you see it). Most people that I know of use this 4 years time frame to refer to reaching new ATH after a significant dump or bear market, not necessarily how long or how high the bull run will be.
If you learn it, you must be aware that it will last 4 years. 2 years for bearish and 2 years for bullish. We just experience 1 year bullish season, there should be 1 more year. And according to the history, the ATH of most coins will be in the 2nd year of bullish season. That's why people predicted the altcoins season and the ATH of BTC will be in 2025.This is my first time seeing the 4 years cycle interpreted this way. It makes sense if you view the sideway accumulation that happens as bearish (or bullish, depending on how you see it). Most people that I know of use this 4 years time frame to refer to reaching new ATH after a significant dump or bear market, not necessarily how long or how high the bull run will be.
I think some people are new to the market, or believe that the cycle can be broken this time. They are afraid of big dumps or bearish months after halving happened. It is fair to assume so since nobody knows the future, but they should also prepare other plans in case we enter a new euphoria soon after.
The HODL strategy is undeniably the best approach to use when approaching Bitcoin investment, this is why so many experts would always recommend HODLing onto your Bitcoin rather than trying to time the market, which is the worse approach an investor can ever think of employing. After all, it's impossible to predict the future, and trying to buy and sell at the perfect moment is often more difficult than it seems. There's no way to be sure of future outcome when it comes to Bitcoin. It doesn't really matter what majority of investors are saying, it could still turn out to have quite the opposite outcome.This is mainly focused on those that deal on future or don't have strong hands because holders can persevere through trying times and come out victorious.
Okay this is born out of my pessimism though. What if the early stage of this halving would be similar to ETF approval.
Like people are already buying the rumor I believe many would sell the news and a dump would occur after or a day/two before the halving. What are your thoughts on this?
Does selling the news still apply here?
Note :This is not really a advice. In my opinion if you longing bitcoin in future in this coming months do so with sufficient funds and good risk management accompanied by lower leverage.
We all know that there would be a rise after an halving, but who would benefit are those with strong hands and the ability not to be swayed by market dip.
Still on the topic, what are your thoughts on the early days of this halving?
We don't have to worry ourselves on anything that is not worth it, we have to take advantage in making investments, there's nothing we can do in helping ourself in this than to invest and hodl, if we say that we are going to go by the way the current market plays being unpredictable on us, we are just going to be roaming about with it in fear and we may not arrive at anything, ours is to wait and hodl with our investment.
Bitcoin is a coin that is suitable to hold for the future, and this has been proven for years by the price of Bitcoin getting more expensive in a 4 year cycle. Whether we see the price of bitcoin reach over $1B in the future, this is likely to happen.
The HODL strategy is undeniably the best approach to use when approaching Bitcoin investment, this is why so many experts would always recommend HODLing onto your Bitcoin rather than trying to time the market, which is the worse approach an investor can ever think of employing. After all, it's impossible to predict the future, and trying to buy and sell at the perfect moment is often more difficult than it seems. There's no way to be sure of future outcome when it comes to Bitcoin. It doesn't really matter what majority of investors are saying, it could still turn out to have quite the opposite outcome.
Bitcoin is a coin that is suitable to hold for the future, and this has been proven for years by the price of Bitcoin getting more expensive in a 4 year cycle. Whether we see the price of bitcoin reach over $1B in the future, this is likely to happen.Agree, with bitcoin we can make a lot of profit because as you said, once every 4 years we can sell it at a high price if we want to make a profit, to buy bitcoin I recommend buying during the bearish season or when the price of bitcoin collapses.
Agree, with bitcoin we can make a lot of profit because as you said, once every 4 years we can sell it at a high price if we want to make a profit, to buy bitcoin I recommend buying during the bearish season or when the price of bitcoin collapses.
Agree, with bitcoin we can make a lot of profit because as you said, once every 4 years we can sell it at a high price if we want to make a profit, to buy bitcoin I recommend buying during the bearish season or when the price of bitcoin collapses.
If we hold Bitcoin longer then we can minimise our loss therefore hold Bitcoin if you think that price is lower and selling cannot give you profit. Now the price is lower so selling at this stage will not help anyone to create greater profit therefore wait for halving to increase the worth of Bitcoin so you can easily benefit from increasing the price of Bitcoin.
Currently the price will collapse so if someone trusts that Bitcoin will go to 100k$ should buy now because 60k$ is very much lower price than 100k$ which will happen in current year or start of the next year.
Everyone has a strategy and belief in buying coins with their own considerations and analysis. They can buy now because the price is still below the previous ATH, because bitcoin is predicted to rise and reach a new ATAH in the next few months.Agree, with bitcoin we can make a lot of profit because as you said, once every 4 years we can sell it at a high price if we want to make a profit, to buy bitcoin I recommend buying during the bearish season or when the price of bitcoin collapses.
If we hold Bitcoin longer then we can minimise our loss therefore hold Bitcoin if you think that price is lower and selling cannot give you profit. Now the price is lower so selling at this stage will not help anyone to create greater profit therefore wait for halving to increase the worth of Bitcoin so you can easily benefit from increasing the price of Bitcoin.
Currently the price will collapse so if someone trusts that Bitcoin will go to 100k$ should buy now because 60k$ is very much lower price than 100k$ which will happen in current year or start of the next year.
You are right, in fact I have a thought that is always very correct, if the price of bticoin is below the last ATH, then it is a great option to buy, there is no other option, because it is not good to buy when it is going up, however When this happens, the eproans in the world get into coins and start buying bitcoin as if they were crazy, without realizing that they may be losing money, but how is this controlled? It is difficult because most people always try to do things very differently, they always want to make money now, immediately and that makes things go wrong, because they buy when it is going up and for example they buy at $100k and when they have it at $50 k and they get scared and sell, when they don't sell they realize that the price goes up to $150k of course this is a hypothetical thing, but wow it can happen.
Everyone has a strategy and belief in buying coins with their own considerations and analysis. They can buy now because the price is still below the previous ATH, because bitcoin is predicted to rise and reach a new ATAH in the next few months.But I prefer to buy bitcoin because there is very profitable potential when we can hold bitcoin assets for a very long time. We can see the price of Bitcoin from year to year the price of Bitcoin has a very expensive price so I am very confident in Bitcoin for the future better.
You are right, well I have said these things because I have read some articles where things are basically presented like this, according to Kiyosaki he says that it can reach $250k, according to other investors they say that they can reach a price close to $150k, of course I don't want to sound sensationalist, but the halving has already passed, we have to be aware of the impact of these things, because in 2025 another 4-year cycle will be completed, and as we have seen it is like a pattern of increasing the price and if the effect increases further halving and because of the effect that ETFs have, which should already begin to be seen, because taking these things into consideration it is likely that if a great ATH results in a new great ATH, then these things are why Everything they say is clear Here it makes me see the market in a different way and that is what enriches us.
Everyone has a strategy and belief in buying coins with their own considerations and analysis. They can buy now because the price is still below the previous ATH, because bitcoin is predicted to rise and reach a new ATAH in the next few months.
This is mainly focused on those that deal on future or don't have strong hands because holders can persevere through trying times and come out victorious.I also used to think that the Halving would be a sell-the-news event and the BTC price would decrease after the Halving, but currently the BTC price is increasing thanks to the positive effects of the Halving and many ALTS are also recovering quite well. In the past, the Halving was a boring time in terms of price volatility, it was just the start of a new cycle and the BTC price would usually accumulate for 6-10 months before seeing strong growth and bringing the entire market into a bullrun. Anyway, whether the BTC price will increase or decrease in the short term, this is also a great time to enter the market more strongly in order to make a profit in the next few months. I don't think anyone should sell off and leave the crypto market at this time.
Okay this is born out of my pessimism though. What if the early stage of this halving would be similar to ETF approval.
Like people are already buying the rumor I believe many would sell the news and a dump would occur after or a day/two before the halving. What are your thoughts on this?
Does selling the news still apply here?
Between curiosity and fear... actually for the bullrun moment if you look at the history of previous halvings, the bullrun started to occur a few months after the halving... where the ATH will be reached in the next few months... but the existence of this ETF might slightly disrupt the moment... where I hope Bitcoin ETFs can trigger a bullrun if only the SEC gives a good signal regarding Bitcoin ETFs a little later, maybe mid-year.It's true, last year's halving did provide bitcoin price movements like that, but you have to remember that this year's new ATH was reached before the halving occurred. The chance of getting a new ATH price for the second time this year seems unlikely. If there is good news with bitcoin then it is possible that it could happen.
However, as long as I'm still curious and it's still very early in the halving... I'm still holding for the next few months to prove the reality of what Bitcoin will experience. At least until Christmas 2024.
Bitcoin is a coin that is suitable to hold for the future, and this has been proven for years by the price of Bitcoin getting more expensive in a 4 year cycle. Whether we see the price of bitcoin reach over $1B in the future, this is likely to happen.
Wise statement guys, we should look at $100K first before thinking about more. Hopes may be high but we should see how it goes. I'm just answering about the possibility that it will happen, even though we don't know if we still have it :)Bitcoin is a coin that is suitable to hold for the future, and this has been proven for years by the price of Bitcoin getting more expensive in a 4 year cycle. Whether we see the price of bitcoin reach over $1B in the future, this is likely to happen.
Common my friend ;D ;D let's reach atleast 100k first and then maybe we can talk about a billion dollars worth of Bitcoin, who knows if we ar going to be alive to witness such a remarkable journey because if a bitcoin should be worth a Billion dollars, I don't think trillions will be the market cap of Bitcoin that we will be discussing about, it's going to be Quadrillions.
Just to be safe from not getting what every holder do enjoy, it's always better to hold some Bitcoin, the little you can afford financially and just live it there for all time it can be there, you will check back in some years and you will be proud you did hold just like people who are still holding since 2014.
Well, anything is possible as long as it's bitcoin and crypto we are talking about, I mean, when bitcoin began its journey in 2009, who did believed that Bitcoin will one day be worth over $60,000? But here we are today, making a statement that Bitcoin may one day be worth $1 billion dollars may sound outrageous to many people, most people to be more pricised, but then, it's still possible, even if this may take several years to happen, and that many of us won't be alive then to witness it happen, what is most important is that Bitcoin continue to exist and continue to look very attractive to both governments, top influencial people and individuals as an asset to be invested in, with more and more adoptions, countries accepting bitcoin and making it (not just a legal tender) but also as a national reserve currency as well, then that price will be very possible.Wise statement guys, we should look at $100K first before thinking about more. Hopes may be high but we should see how it goes. I'm just answering about the possibility that it will happen, even though we don't know if we still have it :)Bitcoin is a coin that is suitable to hold for the future, and this has been proven for years by the price of Bitcoin getting more expensive in a 4 year cycle. Whether we see the price of bitcoin reach over $1B in the future, this is likely to happen.
Common my friend ;D ;D let's reach atleast 100k first and then maybe we can talk about a billion dollars worth of Bitcoin, who knows if we ar going to be alive to witness such a remarkable journey because if a bitcoin should be worth a Billion dollars, I don't think trillions will be the market cap of Bitcoin that we will be discussing about, it's going to be Quadrillions.
Just to be safe from not getting what every holder do enjoy, it's always better to hold some Bitcoin, the little you can afford financially and just live it there for all time it can be there, you will check back in some years and you will be proud you did hold just like people who are still holding since 2014.
It's true, last year's halving did provide bitcoin price movements like that, but you have to remember that this year's new ATH was reached before the halving occurred. The chance of getting a new ATH price for the second time this year seems unlikely. If there is good news with bitcoin then it is possible that it could happen.
I do believe that we are going to be in green for the longest time, its not going to get to become a red for a long time. Not saying that we are never going to see red, it is actually going to be something that will be temporary and not going to get any different because green will be the end result. This should be something that could actually change it. I personally believe that we are going to end up with seeing greater and greater results with coming months in the future, we just need to hold it as long as possible.The halving was really red as the Op stated it clearly in the topic. And even the mempool was brutally red. But the green has been there before the halving and still on the green till now. And now that the halving is over, everyone is expecting the ATH. And the predicted price of bitcoin in the season is $100k to $150k, but we seen the All Time High. We are all waiting for the greater result that is coming.
You're right mate.Between curiosity and fear... actually for the bullrun moment if you look at the history of previous halvings, the bullrun started to occur a few months after the halving... where the ATH will be reached in the next few months... but the existence of this ETF might slightly disrupt the moment... where I hope Bitcoin ETFs can trigger a bullrun if only the SEC gives a good signal regarding Bitcoin ETFs a little later, maybe mid-year.It's true, last year's halving did provide bitcoin price movements like that, but you have to remember that this year's new ATH was reached before the halving occurred. The chance of getting a new ATH price for the second time this year seems unlikely. If there is good news with bitcoin then it is possible that it could happen.
However, as long as I'm still curious and it's still very early in the halving... I'm still holding for the next few months to prove the reality of what Bitcoin will experience. At least until Christmas 2024.
I do believe that we are going to be in green for the longest time, its not going to get to become a red for a long time. Not saying that we are never going to see red, it is actually going to be something that will be temporary and not going to get any different because green will be the end result. This should be something that could actually change it. I personally believe that we are going to end up with seeing greater and greater results with coming months in the future, we just need to hold it as long as possible.
(...)
We have over 7 billion people in the whole world, and if 90 percent of this number get into crypto, and 25 percent own 1 bitcoin each, $1 billion dollar for 1 btc is possible.
This is mainly focused on those that deal on future or don't have strong hands because holders can persevere through trying times and come out victorious.]
Okay this is born out of my pessimism though. What if the early stage of this halving would be similar to ETF approval.
Like people are already buying the rumor I believe many would sell the news and a dump would occur after or a day/two before the halving. What are your thoughts on this?
Does selling the news still apply here?
Note :This is not really a advice. In my opinion if you longing bitcoin in future in this coming months do so with sufficient funds and good risk management accompanied by lower leverage.
We all know that there would be a rise after an halving, but who would benefit are those with strong hands and the ability not to be swayed by market dip.
Still on the topic, what are your thoughts on the early days of this halving?
That's right, before the halving occurred, many coins had increased in price and bitcoin had also touched a new ATH, so after the halving it looks like we will enter a bearish season where the price of bitcoin will fall slowly. To increase the price to $100k is very difficult and unlikely to happen this year.I do believe that we are going to be in green for the longest time, its not going to get to become a red for a long time. Not saying that we are never going to see red, it is actually going to be something that will be temporary and not going to get any different because green will be the end result. This should be something that could actually change it. I personally believe that we are going to end up with seeing greater and greater results with coming months in the future, we just need to hold it as long as possible.The halving was really red as the Op stated it clearly in the topic. And even the mempool was brutally red. But the green has been there before the halving and still on the green till now. And now that the halving is over, everyone is expecting the ATH. And the predicted price of bitcoin in the season is $100k to $150k, but we seen the All Time High. We are all waiting for the greater result that is coming.
Anything can happen in the crypto space, even though we see that the current bitcoin market seems to be struggling, we don't know what will happen in the next 2 or 3 months. If there is good news about bitcoin, I think bitcoin will soar and touch the previous ATH again. so be patient and wait for what will happen in Q4 this yearThat's right, before the halving occurred, many coins had increased in price and bitcoin had also touched a new ATH, so after the halving it looks like we will enter a bearish season where the price of bitcoin will fall slowly. To increase the price to $100k is very difficult and unlikely to happen this year.I do believe that we are going to be in green for the longest time, its not going to get to become a red for a long time. Not saying that we are never going to see red, it is actually going to be something that will be temporary and not going to get any different because green will be the end result. This should be something that could actually change it. I personally believe that we are going to end up with seeing greater and greater results with coming months in the future, we just need to hold it as long as possible.The halving was really red as the Op stated it clearly in the topic. And even the mempool was brutally red. But the green has been there before the halving and still on the green till now. And now that the halving is over, everyone is expecting the ATH. And the predicted price of bitcoin in the season is $100k to $150k, but we seen the All Time High. We are all waiting for the greater result that is coming.
Between curiosity and fear... actually for the bullrun moment if you look at the history of previous halvings, the bullrun started to occur a few months after the halving...where the ATH will be reached in the next few monthsBut bitcoin already reached new all time high last month.
where I hope Bitcoin ETFs can trigger a bullrunI guess you didn't notice, but we are already in the bullrun, no matter the price going slightly below prevous all time high. And as we know, the peak of it usually happens six months later so the best days are still ahead of us. Having said that, just because it happened in the past, doesn't meant that we gonna see the same scenario all over again.
This is mainly focused on those that deal on future or don't have strong hands because holders can persevere through trying times and come out victorious.Many people said that the market will dump a lot before the bitcoin halving. Many predicted that Bitcoin would stay between $50,000 and $38,000 before the halving, but that was not the case as Bitcoin went down to $60,000 before the halving, after which the market rebounded. Currently the market is fluctuating between $61000 to $67000 but my guess is that bitcoin may not go below 60000 and may go up from here and by 2024 bitcoin will be around $100,000. The current position is suitable for investment. Those who haven't invested yet can invest because the market bull run will start in few months after bitcoin halving so this time can't be missed if there is money to invest I would say invest from this current market.
Okay this is born out of my pessimism though. What if the early stage of this halving would be similar to ETF approval.
Like people are already buying the rumor I believe many would sell the news and a dump would occur after or a day/two before the halving. What are your thoughts on this?
Does selling the news still apply here?
Note :This is not really a advice. In my opinion if you longing bitcoin in future in this coming months do so with sufficient funds and good risk management accompanied by lower leverage.
We all know that there would be a rise after an halving, but who would benefit are those with strong hands and the ability not to be swayed by market dip.
Still on the topic, what are your thoughts on the early days of this halving?
What if the early stage of this halving would be similar to ETF approval.
Bitcoin has reached its new ATH prior to the halving but that was just because of Bitcoin ETF approval as well as due to bull season but I don't think that we will not see another ATH after halving. Keep calm because movement takes time whether it's a negative movement or positive movement.Yep, one of the factors that Bitcoin can reach a new ATH very early is caused by the approval of Bitcoin ETF. But the new ATH isn't very significant, it is only around $73k. The previous ATH is about $69k, so the difference is $4k only. I think it is not the last ATH in this bullish season. It is too small increase for a new ATH. Why you are so confident to say "no ATH anymore" after the halving? What's your strong reason?
You will also have heard that in previous years ETF effects were not there but now if we have seen good price movement before halving then that was the effects of ETF because halving did not happen that time so wait for halving effects.It is clear that the effect of Bitcoin ETF won't last a long time. I think we don't need to relate this to the price movement anymore. Even if there is a new issue on Bitcoin ETF, I think it won't bring significant impact again. I think we are better to monitor another issues, a new issue may bring big influence.