Was the halving created much tension you?

[SmartGold01]

Halving as the name implies has keep many people on suspend till with the mindset that it would automatically create new price level and become something new and different from other subsequent ones without knowing that what we are to witnessed is new price impact and therefore we should be prepared before/after the halving.

Many people where carried away with the previous ATH maybe thinking that could be the last we might see bitcoin for this halving, and of course anything is possible but that doesn't mean that we shouldn't focus of the relevancies than the irrelevant.

Now bitcoin is in a good position to buy and hold if you must enjoy the bull run when it comes, because the previous ATH can be likely seen as the effects of the ETF and, we might still see another ATH within next year 2025. So buy and hold tight!

[milewilda]

Halving as the name implies has keep many people on suspend till with the mindset that it would automatically create new price level and become something new and different from other subsequent ones without knowing that what we are to witnessed is new price impact and therefore we should be prepared before/after the halving.

Many people where carried away with the previous ATH maybe thinking that could be the last we might see bitcoin for this halving, and of course anything is possible but that doesn't mean that we shouldn't focus of the relevancies than the irrelevant.

Now bitcoin is in a good position to buy and hold if you must enjoy the bull run when it comes, because the previous ATH can be likely seen as the effects of the ETF and, we might still see another ATH within next year 2025. So buy and hold tight!

The only thing that majority does have in mind when it comes to halving is that they are really that expecting something that pertains about the bull on which we know that this is something that they would really be mainly thinking up that this could happen right aware after the halving event but of course this is only into those noobs who hadnt have the experience those previous bull runes. Tension? there's no such thing that you would really be needing to have because if you are just that fully aware on how this market works and never ever make yourself
that anticipating on something on which it isnt realistic because once you do then it would really be just that bringing out that kind of disappointment.

[bitmover]

Halving as the name implies has keep many people on suspend till with the mindset that it would automatically create new price level.

This never happened before.

The ATH always came a few months after the halving

The image is a bit outdated, but you can see:


What was different this time is that we reached ATH before the halving, something unlikely every other cycle.

[SmartGold01]

Halving as the name implies has keep many people on suspend till with the mindset that it would automatically create new price level.

What was different this time is that we reached ATH before the halving, something unlikely every other cycle.

You are correct, that is a truth that such has never happened, so, don't you think this could be a the cause of spot bitcoin ETF?
Since this never occurred before, and there is every likelihood that we might still see another stumbling price in bitcoin.

[Baofeng]

Halving as the name implies has keep many people on suspend till with the mindset that it would automatically create new price level and become something new and different from other subsequent ones without knowing that what we are to witnessed is new price impact and therefore we should be prepared before/after the halving.

That's the wrong mindset though, it shouldn't be like a instant effect on the price once we have completed the halving.

Many people where carried away with the previous ATH maybe thinking that could be the last we might see bitcoin for this halving, and of course anything is possible but that doesn't mean that we shouldn't focus of the relevancies than the irrelevant.

Not sure why will they think like that? there are still incoming halving, and if there is one halving that we can be the last one could be around 2-3 halvings from now as 99% of all bitcoin have been mined by that time.

Now bitcoin is in a good position to buy and hold if you must enjoy the bull run when it comes, because the previous ATH can be likely seen as the effects of the ETF and, we might still see another ATH within next year 2025. So buy and hold tight!

Yes, that is one of the best strategy here, but the only drawback is that it's hard to buy right now because of the exorbitant fees after the halving. Nevertheless, doing DCA and looking for the long term is a foolproof strategy.

[yhiaali3]

For me, I think that for many of the old-timers in the market, halving did not create any kind of tension for them, because they gained experience through previous sessions and now have some kind of knowledge of Bitcoin’s behavior and its cycle.

This cycle was somewhat different. Some predicted that we had already obtained ATH before the halving after the ETF approval. Others predicted that this might be the last rise for Bitcoin, but I think they are delusional and I don’t know why they imagine that.

For me I didn't feel any tension and it will continue until we get a new ATH which I expect to be between 100-125K$. But of course, we may need several months before we see that.

[electronicash]

the halving is stressful though, although its not really the reason why the transaction fees to go all the way to $200, its indirectly the cause. i have not sent $80 in BTC which is the only left in my wallet cause when i try to, it says insufficient amount.

been around since 2016 though so i know the effect of halving doesn't take place right away. it always take more than few months before the supplies really run out and that ht price has to shoot up because the demand is stronger than the supply.

[TomPluz]

Now bitcoin is in a good position to buy and hold if you must enjoy the bull run when it comes, because the previous ATH can be likely seen as the effects of the ETF and, we might still see another ATH within next year 2025. So buy and hold tight!

Yes, what is the best thing that happened with this halving is that Bitcoin right now has become a very attractive proposition for investing as we are still below the last ATH which happened before the halving and can be the result of the approved ETFs. Now, the consensus is that the big impact of the halving can come months after the very event hence we can be looking for another new ATH maybe around $100K and this can come within 2024 and into 2025 we should be looking forward to the $150K level. Eventually, only time can tell of the things that will be and so far we can only speculation and project of what can be so let's continue on watching and in doing so look for opportunities for possible gains.

[Faisal2202]

Now bitcoin is in a good position to buy and hold if you must enjoy the bull run when it comes, because the previous ATH can be likely seen as the effects of the ETF and, we might still see another ATH within next year 2025. So buy and hold tight!

Thanks for giving some hopes as I have been seeing many OGz and old members saying that people should not get too much hopes from the halving event that it will make them good profit. Many are saying Halving has minimal impact on the price of BTC, and I doubt the fact why they are saying it. Well, IMHO Halving do have a big impact on the price of BTC and history has proved that.

If we see the halving history every time after the halving BTC made a new ATH but only this time it made ATH before the halving due to the widespread adoption of it as ETFs got approved. But I think if we combined the impact of ETFs and Halving we can still hope that BTC will make another ATH of $100k as many old institutional investors have predicted even before the ETFs approval. Well, I think a big dump might come which might take BTC to $53k or maybe lower what you think?

PS: I suggest you to add 4 magical letters in the last advice so you won't be targeted if BTC won't make new ATH and those letters are DYOR, you can also add NFA.

[Learn Bitcoin]

Halving as the name implies has keep many people on suspend till with the mindset that it would automatically create new price level and become something new and different from other subsequent ones without knowing that what we are to witnessed is new price impact and therefore we should be prepared before/after the halving.

People who are new in the crypto space might think that. But most of the veteran Bitcoiners know that the halving won't create a new price overnight. We have to wait for a certain period of time to realize the demand and the supply. We were having 6.25 Bitcoin for every new block before the halving, and now we will have 3.125 BTC per block which will add to the current circulation.

 The scarcity won't create over night. As we all know that the price of a crypto currency depend on the demand and the supply. If there are not enough supply and there are still demands of Bitcoin, the price likely to go up. So, whoever thinking that halving will create Bitcoin shortage, I am sorry but they was wrong.

[bayu7adi]

Now bitcoin is in a good position to buy and hold if you must enjoy the bull run when it comes, because the previous ATH can be likely seen as the effects of the ETF and, we might still see another ATH within next year 2025. So buy and hold tight!

I don't know, but I'm still holding on to prove whether this moment really came or not. I hope that's true, so that I get a little profit from my holding.

It seems that Bitcoin is starting to show movement, because in the last 7 days the price has increased from $63k now to $66k... Buying now may not be too late, but I'm still waiting for a market correction in the next few months to buy it again.

[bitmover]

What was different this time is that we reached ATH before the halving, something unlikely every other cycle.

You are correct, that is a truth that such has never happened, so, don't you think this could be a the cause of spot bitcoin ETF?
Since this never occurred before, and there is every likelihood that we might still see another stumbling price in bitcoin.

I agree. This was caused by the ETF and the huge volume and the new money coming in.

I also think that we are in a new moment now. New territory.  As this cycle looks much different than the other ones.

[examplens]

You are correct, that is a truth that such has never happened, so, don't you think this could be a the cause of spot bitcoin ETF?
Since this never occurred before, and there is every likelihood that we might still see another stumbling price in bitcoin.

The ETF (in my opinion) impacted strong resistance at $60k before the halving.

By the way, if we're already talking about the tension caused by the halving, I'm pretty pissed off by all that euphoria, celebrations and congratulations.

[KingsDen]

You are correct, that is a truth that such has never happened, so, don't you think this could be a the cause of spot bitcoin ETF?
Since this never occurred before, and there is every likelihood that we might still see another stumbling price in bitcoin.

The ETF (in my opinion) impacted strong resistance at $60k before the halving.

By the way, if we're already talking about the tension caused by the halving, I'm pretty pissed off by all that euphoria, celebrations and congratulations.

Everything is happening concurrently but we will only discuss the ones we understand. Because there's a block that is going to be mined and the bitcoin reward will half, and that is why halving is so popular. In the other there's no block that will be mined to trigger bull run. So, we will only know about bull run when it starts, so there's no pressure about that. When bull run hits, the posts and hypes on social media will say it all.
According to smartgold, we cannot deny that ETF approval played a vital role in introducing a new ATH even before halving.

[MrSpasybo]

the halving is stressful though, although its not really the reason why the transaction fees to go all the way to $200, its indirectly the cause. i have not sent $80 in BTC which is the only left in my wallet cause when i try to, it says insufficient amount.

been around since 2016 though so i know the effect of halving doesn't take place right away. it always take more than few months before the supplies really run out and that ht price has to shoot up because the demand is stronger than the supply.

Yeah, BTC halving has occurred with an increase in gas fees due to a large number of BRC-20 tokens being minted through the Rune protocol. This was expected as BRC-20 tokens are still just low-value NFTs, they need a narrative to come back and the halving is a great opportunity.

I personally count the halving and milestone as marking a new cycle and the start of bullrun + altseason. This means that I am starting to DCA ALTS more aggressively and regularly than before the halving, while reducing the amount of weekly DCA BTC because I believe that altseason will come soon and ALTS will bring more profits than BTC during the bullrun.

Currently, the market has not yet been able to feel the increase in BTC scarcity and the supply crisis from the halving has not yet had an impact on the BTC price. I hope that when BTC price goes sideways, many ALTS will recover after the sharp decline of the past few weeks. That will be the prelude to an upcoming crypto summer.