Halving likelihood to be in red?

[Ambatman]

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?

[Fivestar4everMVP]

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.

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.

[TomPluz]

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.

[Aanuoluwatofunmi]

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.

[Don Pedro Dinero]

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.

[Charles-Tim]

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.

[SamReomo]

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.

If I'm not wrong then this halving can show us many new things and I believe in current times futures traders should be more careful then other traders. I would suggest to divide your funds by 4 and use those in different positions. Another advice is to not use more than 2x leverage in order to be safe from huge dips.

[Baofeng]

As per my experience, it will be a slow and deliberate post-halving. It's like everyone is just trying to feel the situation first without making any move. So this could go for days or weeks or even months. But after everyone has settled down, the price will slowly go up and by the last quarter of the year it could go on a parabolic rise.

So we need patience, this kind of market is unpredictable and most of the time when we think of it, suddenly the price will go opposite on what we have in mind. So just stay in the market and it will show us surprises, prices that we might not be seeing today, but achievable in the future after halving.

[Dr.Bitcoin_Strange]

Well, the reason why there are low enthusiasm in some people now about the price of Bitcoin is because of how low the price have dropped from $70k+ to $62k but that doesn't assure anything about the price becoming bearish during the halving month. We could also get shocked with the huge pump that might happen  before or after the  halving takes place. Fingers are crossed, investor who have vision to hold for a long time can hold tight to their portfolio, while soft hands can sell. That's how the trend have always been since the history of Bitcoin. Some people don't usually get too patient, while some gets more patient to hold.

[yhiaali3]

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.

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.

[MusaPk]

Still on the topic, what are your thoughts on the early days of this halving?

The beauty of Bitcoin is it's unpredictable and that's why we can only speculate about if. What we have seen so far about halving is that price takes a huge pump year after and this is firt time happening that price of Bitcoin is at it's ATH before halving.
What I foresee is that Bitcoin might take some correction before halving and we can have a full fledged bull run after few months of halving. But we can't rule out the impact of ETF on Bitcoin. Might be ETF's keep on pumping Bitcoin price.

[bounceback]

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.

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.

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?
Keep hold and calm when bitcoin on the correction moment, if you still have saving money in the bank buy back during bitcoin get correction is the right decision.

[Gladitorcomeback]

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.

You sound like you are panicking and even if you are not, you shouldn't be worried about the price losing $10k because when there is a rise, there needs to be a correction as well. Besides, we have not passed the bull run yet and it is yet to come, so you shouldn't be worried about not taking profit just now.

If you were hoping for Bitcoin to be around $100k during the halving event, you were expecting too much from it, Bitcoin touching $73k was already a surprise for us because it generally doesn't go across the previous all-time high before the halving event.

[Ambatman]

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
We entering 6 digits this year.
Well personally stopped accumulating after it crossed the $60K mark And took some profit around $68K but am still holding most of my coin not to miss out on the bull pump. Let's see how it plays out, at least we aware that buying Bitcoin ever since has been cheap compare to its value.  So there's no need for any fear.  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.

[hugeblack]

Yes, it will be in the red, but red compared to what. If we say compared to the levels of 20k to 30k, then the price will definitely be higher than that, and it may be higher than 40k. In general, it is green, but compared to the current levels or the levels of 70k , it will be in red.