Bitcoin post-halving price consolidation could last 2 months

[milewilda]

2 months is enough i think?

remember what we have had before the Halving happens?  we have a breaking of ATH and I think that its normal that we see this market response now.\

But the thing about investors are shifting to altcoins? i don't know if there is a room for this since the whole market is bleeding also .

So far, seeing exchanges that are in the red due to the impact of falling bitcoin prices is very sad. It seems that bitcoin is having difficulty increasing its price again. The altcoin season may come with a bitcoin crash in the next wave when bitcoin hits bottom.

I don't think that bitcoin will have any difficulty in price increase is just that the right time for that has not come, and when it comes you will marvel how the price of bitcoin reached a new ATH. Bitcoin is first before any altcoins and if bitcoin have not hit the bull market, I doubt if any altcoin will be bullish. We only need patience with our bitcoin hodlings for the market to be in green.

Bitcoin would always be the main trend setter or the ones who would really be that be based up on how the market condition should really be started on.  When we do speak or talk about market consolidation then this is something that cant really be predicted as it always be because we dont know on how long or how many months we would really be keep on guessing
on when bull market would be kicking in. Basing up on last cycle then it did take 6-7 months as far as i remember or im not sure but if we do base up with those numbers
when we would really be still might be experiencing some deep corrections on upcoming months or making some sideways movement for couple of months until on Q4
but well everything would be still no sure.

[vegasus]

Bitcoin would always be the main trend setter or the ones who would really be that be based up on how the market condition should really be started on.

Indeed, Bitcoin will always be the trend setter of altcoins. Although probably there are several altcoins that are not  following the Bitcoin market condition, the percentage is  very small. and they are probably part of coins that are being hype. OS, this will be quite different developing and progressing. But for other altcoin type, most of them are following Bitcoin. 

when we would really be still might be experiencing some deep corrections on upcoming months or making some sideways movement for couple of months until on Q4

Indeed, usually the Bitcoin price will still be very fluctuating and will still decline quite significantly and will not be able to make significant progress to rise again a few months after the halving. However, I still really hope that BTC prices can start to rise again quite significantly in Q4 this year. Because the bullish era or Bitcoin ATH occurred before the halving. Is it possible that the bull run peak process will also be faster in the future compared to the usual cycle?

[Igebotz]

I am anti eth and have been anti eth for years. basically it is not for me. Do I know anything special about eth no. but I believe it lost its way when it left POW. I also think both AMD and Nvidia would like to hurt them for leaving mining. So I feel there is a target on the back of eth. But that is just what I think

I'm not a fan of ETH either because of the fees and congested network, it's kinda free now without those NFT shit that messed up the network. But it's a very good asset to hodl during the bull run for those with with  minimum budget. I see it as a hodl and take profits scheme and nothing more than that. I've never held ETH for more than 6 months.

What's your thoughts on AI coins? You're not a shitcoiner are you?  miners hates altcoins by default.

[MrSpasybo]

Indeed, usually the Bitcoin price will still be very fluctuating and will still decline quite significantly and will not be able to make significant progress to rise again a few months after the halving. However, I still really hope that BTC prices can start to rise again quite significantly in Q4 this year. Because the bullish era or Bitcoin ATH occurred before the halving. Is it possible that the bull run peak process will also be faster in the future compared to the usual cycle?

I don't see a sharp decline in BTC after the halving because the halving is seen as a milestone marking the start of a new cycle. Typically, BTC price only re-accumulates after a period of rapid recovery to lead the market out of the harsh crypto winter. So I think we just need to endure a period of boredom instead of facing a serious market downturn right now.

I'm also worried that BTC price will need both Q2 and Q3 to re-accumulate and only really start growing again in Q4 2024 and Q1 2025. I hope that holders will not sell off tokens in panic, only diamond hands deserve to make big profits in this market!

[milewilda]

Bitcoin would always be the main trend setter or the ones who would really be that be based up on how the market condition should really be started on.

Indeed, Bitcoin will always be the trend setter of altcoins. Although probably there are several altcoins that are not  following the Bitcoin market condition, the percentage is  very small. and they are probably part of coins that are being hype. OS, this will be quite different developing and progressing. But for other altcoin type, most of them are following Bitcoin. 

when we would really be still might be experiencing some deep corrections on upcoming months or making some sideways movement for couple of months until on Q4

Indeed, usually the Bitcoin price will still be very fluctuating and will still decline quite significantly and will not be able to make significant progress to rise again a few months after the halving. However, I still really hope that BTC prices can start to rise again quite significantly in Q4 this year. Because the bullish era or Bitcoin ATH occurred before the halving. Is it possible that the bull run peak process will also be faster in the future compared to the usual cycle?

Im not really that making myself to be fixated when it comes to those previous cycles that it could definitely happen in the future or on the present. Everything could change in a snap.
If it was really be that the same then all of people would really be that assuming that it would be the same on what would happen in the future and this is something which cant be possible.
Why? there would really be tons of factors that could affect the price movement or simply could be able to influence on which if we do tend to look at now where ETF is the main thing
then it would really be making things even more unpredictable.

[babo]

the fees, gentlemen, are really very very low
stuff that hadn't been seen for many months
it means that whoever had to move things, moved them
obviously I'm referring to ordinals, inscriptions and runes

Now he seems very calm from that point of view
among other things I got an NFT

[Gurujebs]

the fees, gentlemen, are really very very low
stuff that hadn't been seen for many months
it means that whoever had to move things, moved them
obviously I'm referring to ordinals, inscriptions and runes

Now he seems very calm from that point of view
among other things I got an NFT

I did made use of the network yesterday. I sent Bitcoin from my wallet from my wallet yesterday and I was surprised by the amount of sats requested, it was asking for 6 sats actually and I did 7 sats for the transactions and under 7 minutes, my transaction got first confirmation, this is after 5 weeks I last did a transaction and I'm happy we are here but the question is will this last?

I think the reason for this is because the market is calm for now. If Bitcoin make a move to 70k or even above, we are going to experience another month of congestion or even more depending on if bull run click or not.