Why is Bitcoin price dumping before Bitcoin halving?

[Cryptsafe]

I believe that the holders horizon is getting broader with growing numbers of investors on a daily basis reducing the dominance of whales in the system and making room for more price stability  and more investment .

Whales are still dominating and they will dominate the market in the coming days, years, maybe more new players will enter the market with big funds and they will also become whales and dominate the market. But yes, when many retail investors take entry in the market, then the price will be stable in the market, the game of supply and demand. But whales don't want to lose their power easily, they keep their bitcoin hold.

Of a truth whales are much more than you could comprehend. They see the market from afar and know what to do before time that is why they could easily hold the market to standstill. As a result of their  large volume of assets in possession, they are always at advantage to benefit from the market even when they are not in anyways connected to what is happening in the Crypto space for the time being.

This is why the Whales' power is increasing instead of decreasing, they are accumulating more huge assets to them in favor of the market. And because they have huge assets, they can take control of the market at any time. However, the power of whales needs to be further reduced in the market, so that a neutral market is created and market manipulation will be reduced due to the increased participation of ordinary traders.

You can not reduce the whale power when they have a large volume in possession and are still accumulating more added to the already existing ones they have. Some whales have no plans selling but are holding as an alternative means of storing their wealth. So it would be very difficult to make them sell their assets and this makes them always want to control the market to see how they can increase the value of their assets.

 However, I believe massive adoption is amongst the answers to the whales selfish activities . When there is a massive adoption the purchase and demand interest would be very much higher than expected and the buy pressure would be high leading to price increase and by so doing, there would be no much act from the whales to control the market as the price of their assets is on the steady increase and when there is a global adoption including nations, this would give the Crypto market a firm stand void of manipulation and selfish control from the whales.

[legend45]

You can not reduce the whale power when they have a large volume in possession and are still accumulating more added to the already existing ones they have. Some whales have no plans selling but are holding as an alternative means of storing their wealth. So it would be very difficult to make them sell their assets and this makes them always want to control the market to see how they can increase the value of their assets.

 However, I believe massive adoption is amongst the answers to the whales selfish activities . When there is a massive adoption the purchase and demand interest would be very much higher than expected and the buy pressure would be high leading to price increase and by so doing, there would be no much act from the whales to control the market as the price of their assets is on the steady increase and when there is a global adoption including nations, this would give the Crypto market a firm stand void of manipulation and selfish control from the whales.

The power of whales in the market is huge and influences the market. When they buy big the price will increase and they can play with the price by cooking dumps. We must be able to see the pause movement if we want to do daily trading, look at the trading volume. If we hold it long term it is safer, as long as we buy at a low price. As we can see, Bitcoin also experienced a correction before the halving, that's normal.

[Cryptsafe]

You can not reduce the whale power when they have a large volume in possession and are still accumulating more added to the already existing ones they have. Some whales have no plans selling but are holding as an alternative means of storing their wealth. So it would be very difficult to make them sell their assets and this makes them always want to control the market to see how they can increase the value of their assets.

 However, I believe massive adoption is amongst the answers to the whales selfish activities . When there is a massive adoption the purchase and demand interest would be very much higher than expected and the buy pressure would be high leading to price increase and by so doing, there would be no much act from the whales to control the market as the price of their assets is on the steady increase and when there is a global adoption including nations, this would give the Crypto market a firm stand void of manipulation and selfish control from the whales.

The power of whales in the market is huge and influences the market. When they buy big the price will increase and they can play with the price by cooking dumps. We must be able to see the pause movement if we want to do daily trading, look at the trading volume. If we hold it long term it is safer, as long as we buy at a low price. As we can see, Bitcoin also experienced a correction before the halving, that's normal.

You are right. If we invest with the plans of holding for a long term, it is very safe because we would realise or make profit when it happens that we bought at a low price  compared to when we bought at high. Holding for a long time pays because it is a long term plans which gives room for investment growth and maturity. When this happens, the investor would not be disturbed because it is a long term goal which would definitely yield profit.

[PX-Z]

You are right. If we invest with the plans of holding for a long term, it is very safe because we would realise or make profit when it happens that we bought at a low price  compared to when we bought at high. Holding for a long time pays because it is a long term plans which gives room for investment growth and maturity. When this happens, the investor would not be disturbed because it is a long term goal which would definitely yield profit.

It's not about how long your investments is, it is when you exit and make profit from it. Some hold their coins yet they just get disappointed of the results because its getting dump. When saying long term investment plans it should be paired with timing and good exit plan for you to maximize and get huge profit from it.

[dekafee79]

You are right. If we invest with the plans of holding for a long term, it is very safe because we would realise or make profit when it happens that we bought at a low price  compared to when we bought at high. Holding for a long time pays because it is a long term plans which gives room for investment growth and maturity. When this happens, the investor would not be disturbed because it is a long term goal which would definitely yield profit.

It's not about how long your investments is, it is when you exit and make profit from it. Some hold their coins yet they just get disappointed of the results because its getting dump. When saying long term investment plans it should be paired with timing and good exit plan for you to maximize and get huge profit from it.

Actually, I also like long-term investments by holding bitcoin for a long period of time, but due to necessity, maybe I can only hold it for a maximum of 2 years. Because I also do daily trading to get results because I have a need.

[kulkhan]

No now not dumping bitcoin price. Now Bitcoin price is Pumping. Already Bitcoin price touched new ATH. Now bitcoin price near about $68k. And before 1/2 days Bitcoin price hit $70k. But it also true that Before some days i mean before Bitcoin halving it’s price little bit dumped but it was for few days. It was correction i think. But after that's correction now we are in bull session i think.

[dekafee79]

No now not dumping bitcoin price. Now Bitcoin price is Pumping. Already Bitcoin price touched new ATH. Now bitcoin price near about $68k. And before 1/2 days Bitcoin price hit $70k. But it also true that Before some days i mean before Bitcoin halving it’s price little bit dumped but it was for few days. It was correction i think. But after that's correction now we are in bull session i think.

You are right, currently the price of bitcoin is quite strong, it only experiences slight changes and then strengthens again. some altcoins are also the same, they show incredible upward progress. So keep holding our bitcoin, don't sell it before it actually hits ATH

[LogitechMouse]

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.

I agree with this one but for sure, some investors out there didn't grab that opportunity to buy before the Bitcoin halving.

Based on history, the price of Bitcoin after the Bitcoin halving event in the past goes down. When the market goes down, it means an opportunity to buy an asset for a lower price, so for me, it would be better if we just wait for the halving event to happen and then buy after that. This scenario might not happen because of how unpredictable Bitcoin is, but there's a chance that it will happen. We've already seen how unpredictable Bitcoin is because it trying to surpass it's past ATH even though the halving event hasn't happened yet.

Overall, if you believe that Bitcoin will reach $100,000 during the bull run phase then maybe you can buy as early as now. If you believe that Bitcoin will reach $150,000 by next year then you can still buy and 2x your money from there. Good luck to all investors and I hope that all of us will end up having profits during this bull run. Don't get FOMOed.

[yohananaomi]

No now not dumping bitcoin price. Now Bitcoin price is Pumping. Already Bitcoin price touched new ATH. Now bitcoin price near about $68k. And before 1/2 days Bitcoin price hit $70k. But it also true that Before some days i mean before Bitcoin halving it’s price little bit dumped but it was for few days. It was correction i think. But after that's correction now we are in bull session i think.

You are right, currently the price of bitcoin is quite strong, it only experiences slight changes and then strengthens again. some altcoins are also the same, they show incredible upward progress. So keep holding our bitcoin, don't sell it before it actually hits ATH

Yes, the current situation is that the trend is that Bitcoin is in a movement to continue to increase, as can be seen from the movement not wanting to go down too far and only moving in a very short range.
Currently, it is difficult to get past $73K and will continue to drop back to $70K if it gets close. Keep doing it over and over again. This is stagnant if you want to achieve an increase at a certain price and if you miss it then the movement will be very high.
I think holding bitcoin is the most appropriate action and holding altcoins is also very good because they all move together.

[FOKA33]

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

Though in crypto community investors believe Bitcoin price dumps before halving due to newbies/investors selling their coin due to a decline in the market volatility. It can also be affected by several global economic conditions, political crisis and other factors, though each halving  experience suggest that the price of Bitcoin will rise after each halving due to investors entering the market at the all Time low/ATL before the Next bull run.

[IvugeoEvolutionCoin]

Though in crypto community investors believe Bitcoin price dumps before halving due to newbies/investors selling their coin due to a decline in the market volatility. It can also be affected by several global economic conditions, political crisis and other factors, though each halving  experience suggest that the price of Bitcoin will rise after each halving due to investors entering the market at the all Time low/ATL before the Next bull run.

In my opinion, what caused the price to collapse was not among investors because currently there are many investors who prefer to save very large amounts of Bitcoin assets. I suspect that what caused the price to collapse was the miners who sold their assets in part to make a profit from the increase in Bitcoin prices. what is happening now and usually whales also intervene to bring down the price of Bitcoin.

[Wiseman]

In my opinion, what caused the price to collapse was not among investors because currently there are many investors who prefer to save very large amounts of Bitcoin assets. I suspect that what caused the price to collapse was the miners who sold their assets in part to make a profit from the increase in Bitcoin prices. what is happening now and usually whales also intervene to bring down the price of Bitcoin.

Many people think that investors can only buy and sit and wait for a few years until the price rises to some level, but in fact many whales invest in trading firms to get much more profit than from a simple long-term holding, they are the culprits of such drawdowns, and of course miners.

[Learn Bitcoin]

Did you guys notice the movement last night? BTC went to 69K from 71K and recovered to 71K again quickly. I feel like some big miners or a whale dumped their Bitcoin on exchanges, which caused the price fluctuation. I was on my bed, thinking about why the price was dumped that much. Maybe some whales are cashing out their profits? I also convinced myself that it is good that the market is correcting again, and the 69K level is becoming a good resistant point. We might see further pumps if we can continue to stay above the 70K range for another week. Let's go for 80K.

[elbans89]

Did you guys notice the movement last night? BTC went to 69K from 71K and recovered to 71K again quickly. I feel like some big miners or a whale dumped their Bitcoin on exchanges, which caused the price fluctuation. I was on my bed, thinking about why the price was dumped that much. Maybe some whales are cashing out their profits? I also convinced myself that it is good that the market is correcting again, and the 69K level is becoming a good resistant point. We might see further pumps if we can continue to stay above the 70K range for another week. Let's go for 80K.

Bitcoin prices will continue to rise, friends, if we only see a small correction, let it go and keep holding on to your bitcoin. you will see the price of bitcoin will rise again. Bitcoin fluctuates highly, so ups and downs in bitcoin prices will always occur.

[Learn Bitcoin]

Bitcoin prices will continue to rise, friends, if we only see a small correction, let it go and keep holding on to your bitcoin. you will see the price of bitcoin will rise again. Bitcoin fluctuates highly, so ups and downs in bitcoin prices will always occur.

Yep. I know that, buddy. But whenever the price fluctuates like that, people who are novices in crypto think this is the time to sell because it may go down further. The truth is, it's the nature of Bitcoin, and we know that. I have seen a survey last nigh on Telegram wallet posts, they survey result shocked me. A lot of people voted for an option that said, I heard about Bitcoin, and I am planning to buy Bitcoin, or it was similar to that. The percentage was more than 30. So, it is obvious that a lot people still trying to buy Bitcoin at this stage.