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Author Topic: What has been the bitcoin price performance since the halving?  (Read 2055 times)

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Re: What has been the bitcoin price performance since the halving?
« Reply #30 on: June 09, 2024, 01:34:59 PM »
I am looking forward to see which of these projected outcomes will really materialize for Bitcoin in the coming months of 2024 and 2025. Past performances can be a good way to see the future but there is always no guarantee that things will be the same or the intensity can be replicated. Who knows...Bitcoin can be charting a new direction never been seen in the past as far as the potential of growth coming from the halving event. This time around we have the ETFs which can surely make demand surge or dampen the market depending on the market mood. Let's see what other related developments will take place that can directly and indirectly affect the price of Bitcoin.
No doubt there will be something interesting. The main thing is to be patient, and if positions are open - to believe in the goals. Otherwise, it comes out self-delusion and nothing more.

Of interest: "Bitcoin's price movement over the past two months has been volatile, and the recent drawdown has led to increased negative coverage in the mainstream media."

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Re: What has been the bitcoin price performance since the halving?
« Reply #30 on: June 09, 2024, 01:34:59 PM »

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Re: What has been the bitcoin price performance since the halving?
« Reply #31 on: June 11, 2024, 05:39:16 PM »
I am looking forward to see which of these projected outcomes will really materialize for Bitcoin in the coming months of 2024 and 2025. Past performances can be a good way to see the future but there is always no guarantee that things will be the same or the intensity can be replicated. Who knows...Bitcoin can be charting a new direction never been seen in the past as far as the potential of growth coming from the halving event. This time around we have the ETFs which can surely make demand surge or dampen the market depending on the market mood. Let's see what other related developments will take place that can directly and indirectly affect the price of Bitcoin.
No doubt there will be something interesting. The main thing is to be patient, and if positions are open - to believe in the goals. Otherwise, it comes out self-delusion and nothing more.

Of interest: "Bitcoin's price movement over the past two months has been volatile, and the recent drawdown has led to increased negative coverage in the mainstream media."


Patiently waiting for BTC to hit 60k region then I start accumulating again. I think that's the level institutions are watching too

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Re: What has been the bitcoin price performance since the halving?
« Reply #32 on: June 12, 2024, 02:15:32 PM »
I see no surprise here.

You can see in the chart in the OP that the price always goes down a little bit after the halving. It skyrocket a few months later.
Plan B says after the next 18 halving the pumping starts immediately with the bullishness, we just look at previous history that it is a fact that it happened maybe the current cycle will not be much different from the past only the difference is that there is an ETF that has been approved then this is a strong narrative where bitcoin will be bullish.
Or maybe the Bitcoin ETF made the pump happen too quickly, thereby slightly disrupting the bullish moment after the Bitcoin halving? Even before the halving happened, a few weeks after the announcement of the Bitcoin ETF getting the green light the price touched a new ATH... perhaps many thought that the price when the halving occurred was too high, causing some people who didn't buy until the ETF announcement felt it was too late because the current price was correct -really quite high.

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Re: What has been the bitcoin price performance since the halving?
« Reply #33 on: June 12, 2024, 02:56:27 PM »
Or maybe the Bitcoin ETF made the pump happen too quickly, thereby slightly disrupting the bullish moment after the Bitcoin halving? Even before the halving happened, a few weeks after the announcement of the Bitcoin ETF getting the green light the price touched a new ATH... perhaps many thought that the price when the halving occurred was too high, causing some people who didn't buy until the ETF announcement felt it was too late because the current price was correct -really quite high.

I think ETF changed the halving/price cycle anatomy.

But it became more bullish, as we reached the ATH before we saw the reduction in the bitcoin offer caused by the halving.

The price is higher than the expectations.
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Re: What has been the bitcoin price performance since the halving?
« Reply #34 on: June 12, 2024, 04:33:53 PM »
Or maybe the Bitcoin ETF made the pump happen too quickly, thereby slightly disrupting the bullish moment after the Bitcoin halving? Even before the halving happened, a few weeks after the announcement of the Bitcoin ETF getting the green light the price touched a new ATH... perhaps many thought that the price when the halving occurred was too high, causing some people who didn't buy until the ETF announcement felt it was too late because the current price was correct -really quite high.

There is one thing about bull run, there is certainty that Bitcoin will grow in those times and people that has been in this game for years now understand the pattern and since nobody want to miss the opportunity, seeing Blackrock running after Bitcoin ETFs was a major signal for everyone and since it collide with halving, it became a major factor for the quick growth to the previous all time high. What happened next, nobody can tell but I know that no one want to be caught unguided with the usual losses in the Bitcoin market.
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Re: What has been the bitcoin price performance since the halving?
« Reply #35 on: June 12, 2024, 06:15:58 PM »
There is one thing about bull run, there is certainty that Bitcoin will grow in those times and people that has been in this game for years now understand the pattern and since nobody want to miss the opportunity, seeing Blackrock running after Bitcoin ETFs was a major signal for everyone and since it collide with halving, it became a major factor for the quick growth to the previous all time high. What happened next, nobody can tell but I know that no one want to be caught unguided with the usual losses in the Bitcoin market.

Bitcoin increased in price after ETF approval and many people were in wait that this increase will further grow as halving takes place but one thing which people have missed and don't remember is that halving is not increasing the price as quickly as that is assumed by the investors.

Before halving we have already examined new all the time high value but as halving took place nothing remained as productive as that was before halving. So it is possible that we will see this growth very soon so our hopes should remain higher instead of getting scarred due to the current effects.
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Offline milewilda

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Re: What has been the bitcoin price performance since the halving?
« Reply #36 on: June 12, 2024, 08:30:10 PM »
There is one thing about bull run, there is certainty that Bitcoin will grow in those times and people that has been in this game for years now understand the pattern and since nobody want to miss the opportunity, seeing Blackrock running after Bitcoin ETFs was a major signal for everyone and since it collide with halving, it became a major factor for the quick growth to the previous all time high. What happened next, nobody can tell but I know that no one want to be caught unguided with the usual losses in the Bitcoin market.

Bitcoin increased in price after ETF approval and many people were in wait that this increase will further grow as halving takes place but one thing which people have missed and don't remember is that halving is not increasing the price as quickly as that is assumed by the investors.

Before halving we have already examined new all the time high value but as halving took place nothing remained as productive as that was before halving. So it is possible that we will see this growth very soon so our hopes should remain higher instead of getting scarred due to the current effects.
When that ETF kicks in then we have break new ATH's before halving period on which this is something that first time that happend on every halving season or period on which we can really be able to tell that this market is truly that unpredictable and would be having that significant considerations in speaking about news and fundamentals. This is why we cant really just that easily neglect out on overall randomness of this market on which it could move out on something that we didnt expect. So far we are still moving sideways with little bumps
and this what makes that hesitates you whether you should wait for some significant drop or would already be placing up your position.

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Re: What has been the bitcoin price performance since the halving?
« Reply #36 on: June 12, 2024, 08:30:10 PM »


Offline Captain Corporate

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Re: What has been the bitcoin price performance since the halving?
« Reply #37 on: June 12, 2024, 09:35:07 PM »
To be fair it doesn't really look like we are talking about something that would be impossible to handle, it is obvious that we are going to have something that will be pretty great. This doesn't mean that we have seen something great so far, of course it has been under expectations so far, but I believe that we are going to see much more improvements with time. Just wait for it to go up, and I guarantee you that it will be over all time high again, can't say how high it can go, but my hope is that 100k+ doesn't seem so unlikely and that could happen, anything more than that (which I am sure will happen too) would be just happiness.

 

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