Halving - Do you still believe in the previous pattern?

[bitterguy28]

It'd be great if it's true, but previous event doesn't guarantee future event. So personally i don't believe same pattern will always happen. And this chart analysis doesn't consider major event (such as SegWit activation and BCH hard fork on 2017).

there is a light now because look at the movement now . it seems like OP's sharing is coming to close in what is happening now meaning we are close in repeating itself?


https://coinmarketcap.com/currencies/bitcoin/


OP, what you shared is really a good hint for us to observe before following and might bring us better result in the sooner phase .

[$crypto$]

I still do not understand the alternative, like what alternative is there aside from trusting that we will have that? I think the pattern will be similar, a good rise with time over course in the future, something closer to the year end when the price still goes up, and that will be something that could take some time. So by the end of this year we are going to have a start of bull run, and it will spill over the early days of the new year, and by spring of next year we are going to have a huge increase eventually. This is what we should be considering, it will definitely have something that will benefit everyone for sure. That will be the pattern most likely.

Well most of us would believe that the pattern would still be the same, because we have seen it before and most likely it will still happen again.

Actually, whatever happens, our goal is to make a profit, and now we have actually made a profit, but we still see that there is a big opportunity for even bigger profits. As long as we still hold, it means we still believe in that pattern, because there is no other reason for holding other than our belief, right?

[bhadz]

Actually, whatever happens, our goal is to make a profit, and now we have actually made a profit, but we still see that there is a big opportunity for even bigger profits. As long as we still hold, it means we still believe in that pattern, because there is no other reason for holding other than our belief, right?

That is the truth, we are holding for profit and we have the idea how patterns work for bitcoin for the past bull runs that it has been. If you are impatient, you will sell at a low price but if that has satisfied you, no one is going to stop you from that sale. But many of the holders have decided to wait until we see 6 digits.

[LUCKMCFLY]

Actually, whatever happens, our goal is to make a profit, and now we have actually made a profit, but we still see that there is a big opportunity for even bigger profits. As long as we still hold, it means we still believe in that pattern, because there is no other reason for holding other than our belief, right?

That is the truth, we are holding for profit and we have the idea how patterns work for bitcoin for the past bull runs that it has been. If you are impatient, you will sell at a low price but if that has satisfied you, no one is going to stop you from that sale. But many of the holders have decided to wait until we see 6 digits.

I think that Bitcoin's profits are good, and of course they will be higher because it is a fact that the most hodlers have not sold and that is because they are already in great profits, that is why we must be patient, I am sure that the price Bitcoin will rise but you have to be very patient, those who are looking for quick profits I recommend that you can do futures trading, but that is , knowing what you are doing because you can lose a lot of money like that.

But if you want to invest and you want to have good results, you have to have unique patience. I always recommend that those who invest in bitcoin should forget about that money and keep track of them.

[LogitechMouse]

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So, what makes you want to hold or add more accumulation? Are you guided by the charts alone or are there other things that you think have a big influence on Bitcoin?

Profits. Nothing more.
I mean many sees Bitcoin as an asset, and a currency as well. I see it as both, and since I see it as an asset, my main goal as an investor of it is to make money hence, I add more as soon as I see an opportunity.

Re: Halving - Do you still believe in the previous pattern?

Yes, and I've seen it 2 times already. During the 2017 bull run and the 2021 bull run.
Based on the 2 previous bull runs, it happens months before the halving event. Like what others are expecting, I also expect that it will happen this time as well in 2025.

For me, this year is still a good time for accumulating more Bitcoins, and even though the profits will decrease the more time you will wait, I believe that it you will buy this year, and will sell this year, you will still make profits in the end.

[Faisal2202]

Therefore, I am even sure that some people feel motivated by the brightness of Bitcoin in the future considering that this seems to be a special encouragement for people who have felt a little loss recently. I also have the same belief as you, where predictions based on history cannot be 100% accurate, but at least this gives us another view that there is a few percent possibility of historical data becoming a benchmark again because we always see ATH always related to the Bitcoin halving.

You are right, this prediction if not 100% accurate but at least they give us some idea or hope that this could happen, or there is a slight chance of it to happen. I have a bad history with charts like these, i.e when I was a newbie and did not have good knowledge of crypto, I took these charts for granted and thought that, its already been happened in 2016 (in this case) and chart is making the same pattern again, if I would be a newbie today, I would even say the pattern was noticed on Monday in 2016 and its also noticed on Monday in 2024 haha.

Well, that's why I added we should not take these charts for granted, so if any newbie would be reading my post will know that.

As @Lucius said, we must be prepared for unexpected circumstances. The ETF ahead of the halving did change the pattern a bit, but we still don't see much in terms of future surprises. Keep our eyes on the market and also several news portals to get updates regarding Bitcoin movements.

Yeah, market's behavior is 50% depends on the mindset of the holders and investors, so if we are keeping patience and belief in the market that if will follow the same patterns as before, like ATH/Bull Run after the halving then it will repeat that pattern again in this cycle too.

[Dr.Bitcoin_Strange]

Actually, whatever happens, our goal is to make a profit, and now we have actually made a profit, but we still see that there is a big opportunity for even bigger profits. As long as we still hold, it means we still believe in that pattern, because there is no other reason for holding other than our belief, right?

That is the truth, we are holding for profit and we have the idea how patterns work for bitcoin for the past bull runs that it has been. If you are impatient, you will sell at a low price but if that has satisfied you, no one is going to stop you from that sale. But many of the holders have decided to wait until we see 6 digits.

That's absolutely correct.
Bitcoin's previous performances has been the same and quite unchanging, when you consider its previous cycles so why the hell would it change now? The bitcoin cycle is still effective even if there could be some slight alterations and changes along the line, but it still ends with the same result in the long run, so it's left for an individual to choose whether to follow the trend and apply knowledge derived from previous trends by HODLing through temporary market fluctuations or to sell before he sees a 6 figure, just as you've stated.

[$crypto$]

Actually, whatever happens, our goal is to make a profit, and now we have actually made a profit, but we still see that there is a big opportunity for even bigger profits. As long as we still hold, it means we still believe in that pattern, because there is no other reason for holding other than our belief, right?

That is the truth, we are holding for profit and we have the idea how patterns work for bitcoin for the past bull runs that it has been. If you are impatient, you will sell at a low price but if that has satisfied you, no one is going to stop you from that sale. But many of the holders have decided to wait until we see 6 digits.

And this is actually very related to the target that we set at the beginning, for example we have reached the point where the target we have set, then it is legal when we sell it.

In my opinion, that is consistent with the commitment that we have set. However, if we feel there will be another increase, then we can sell half of the assets we own and we can hold the other half. This is part of the strategy in my opinion.