Bitcoin Halvimg, the pump may be loading now

[dekafee79]

Bitcoin halving is just the point where bitcoin supply limited. So don't expect the price  will increase so high. It's just starting to pump but we will see the dump too. Be careful, Bullish season will happen next year, So keep calm and wait.

[0t3p0t]

The countdown to the bitcoin halvimg is fast approaching, when the reward for mining is cut in half, and basically Halvings reduces the rate at which new coins are created and thus lower the available amount of new supply. I think that this upcoming event will positively bring about price increases towards the start or after the having has occurred. On which ever ways, whether before or after the halvimg, I think 2024, may bring a new All Time High. What do think?

I think Bitcoin's new all time high will be in the year 2025 because during and after halving investors may possibly be observing the flow of transactions or the status of the market that time. Some say there's a congestion in the Bitcoin network that time and some other people say things will be normal so there really is no exact and accurate idea what will be happening that time but as long as we are able to hodl our Bitcoins then we're safe.

[Jating]

The countdown to the bitcoin halvimg is fast approaching, when the reward for mining is cut in half, and basically Halvings reduces the rate at which new coins are created and thus lower the available amount of new supply. I think that this upcoming event will positively bring about price increases towards the start or after the having has occurred. On which ever ways, whether before or after the halvimg, I think 2024, may bring a new All Time High. What do think?

I think Bitcoin's new all time high will be in the year 2025 because during and after halving investors may possibly be observing the flow of transactions or the status of the market that time. Some say there's a congestion in the Bitcoin network that time and some other people say things will be normal so there really is no exact and accurate idea what will be happening that time but as long as we are able to hodl our Bitcoins then we're safe.

Yes, my prediction is that this 2024, we might break our last all time high which is $69k, maybe it could happen in the last quarter of the year. But the biggest run could be in 2025, wherein we will set a new all time high.

It's just a question on how big, majority including myself see that as conservative estimates, it could be in the 6 digits.

And it could be beyond as high as $180k, so it's really exciting times ahead for us guys.

[MrSpasybo]

Bitcoin halving is just the point where bitcoin supply limited. So don't expect the price  will increase so high. It's just starting to pump but we will see the dump too. Be careful, Bullish season will happen next year, So keep calm and wait.

The actual impact of Halving 2024 on the additional supply of BTC is negligible because the block reward will go from 6.25 to 3.125, which is very different from 50 to 25 or 25 to 12.5. However, the halving provides a good story about BTC's doubled scarcity, fueling FOMO in the market. In addition, it is also considered an important milestone for the start of a new cycle. The market is used to a 4-year cycle, and Halving will maintain it.

Normally, the bullrun will start right after BTC creates a new ATH, and I think we can expect that in Q4 this year instead of waiting until next year 🤩