Bitcoin Halvimg, the pump may be loading now

[Bobcrypto]

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?

[bounceback]

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?

Usual habit bitcoin get chance to make new all time high after halving moment but don't be blame before halving could be trend for bitcoin on higher price. I won't losses great opportunity few months later we are facing with halving and accumulate or reinvesting as much possible in bitcoin, no doubt with how amazing moment with halving because bitcoin success make new all time high before on last halving edition time.

But some investors keep waiting for after the early in new years many people sell their bitcoin for celebrating their holiday but I think its right moment with bitcoin on downtrend moment to buy back and sell it before halving or few day after halving time.

[Baofeng]

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?

If we have to look at bitcoin's past history, every halving year, we go on a bull run and it's culminated on a new all time high. It's just a question on how big this bull run and what will be the all time high.

Predictions is that it could go over well $100k, but this is just prediction so nobody really knows.

As far as what the factors are, there could be many, but we all know that the biggest news is the Spot Bitcoin ETF approval, it could happen pre or post bitcoin halving. So again, if we look at historical logs, maybe new all time high could be in the last quarter of 2025.

[yohananaomi]

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 everyone already knows, and you are right, that the halving will be close again and there will be a reduction in mining, and this is indeed the process that will happen in the future. If we look at the past that has been done by Bitcoin, and usually it will continue to repeat itself that the 4-year period will occur in 2025, we can be sure that there will be an increase after the halving, but of course the role of the previous increase will provide an impetus for the increase significant to form a higher renewable ATH, and we will wait for that. The best time to continue adding to your Bitcoin coffers in any way to increase your savings is, of course, very good to do now.

[therozaq]

Bitcoin halving is a 4-year moment, where there is a halving of mining rewards .
And this will create high demand while supply decreases,
which will result in a spike in bitcoin prices.  This affects almost all altcoin prices. 
Altcoin prices will also Rise.
This moment is always awaited by almost all of investors

[NikeFit_7777]

There are only 112 days left until the start of this event. Do you think that halving will have any effect on the growth of the whole market? During the last halving, the market did not react in any way, neither before nor after the event. In 2024, the block reward will decrease from 6.25 bitcoins to 3.125 bitcoins. As always, they will fuel the news for a few days, raise the price by 1-5% in an hour. I don't know why everyone is waiting for halving, better wait for spot ETF adoption. It's much more interesting. Or maybe I'm wrong and there will really be a bitcoin rate hills + a new influx of interested users.

P.S. If you don't know anything about halving (in detail) - follow this link to familiarize yourself - https://coinmarketcap.com/ru/events/bitcoin-halving

[owlest]

There are only 112 days left until the start of this event. Do you think that halving will have any effect on the growth of the whole market? During the last halving, the market did not react in any way, neither before nor after the event. In 2024, the block reward will decrease from 6.25 bitcoins to 3.125 bitcoins. As always, they will fuel the news for a few days, raise the price by 1-5% in an hour. I don't know why everyone is waiting for halving, better wait for spot ETF adoption. It's much more interesting. Or maybe I'm wrong and there will really be a bitcoin rate hills + a new influx of interested users.

P.S. If you don't know anything about halving (in detail) - follow this link to familiarize yourself - https://coinmarketcap.com/ru/events/bitcoin-halving

Halving is not a new concept, but ETF is. The price may rise after some time, not necessarily immediately after halving. Last time, we had to wait a year for the peak. These two events should play a crucial role in the further growth of Bitcoin's value.

[Ambatman]

I'm so hyped for this halving
Bitcoin always enter a bullish trend for three years after closing negative which occurred last 2022, 2023 the first so two more years of greens .

ETF is like an icing to the cake 2024 is a good year hold and not panic sell
Already started my DCA since
Buying every dip.

[Litzki1990]

We have been in a positive market for Bitcoin for quite some time and there has been a positive change in the Bitcoin market for quite some time. We have noticed the positive trend in the market for a long time now and we anticipate that the market will be more positive in the future. Today is the first day of 2024 and we investors are expecting that 2024 will be better for Bitcoin than 2023. From mid-2003 until early 2024, the market was fine for Bitcoin. Hopefully, 2024 will be all about Bitcoin. Investors have been waiting for a good time for a long time and that time should be in 2024 which is what every investor wants.

[Gurujebs]

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?

Don't expect to see much from this bull run after the halving, bitcoin is already trading at $40k and anything that can multiply the price now is going to be a big work. Let's say we want bitcoin price to do 5x from this price, that is like $200k, that is going to be 5 times the market cap of bitcoin and if altcoins pump which is likely, we will be talking about a total market cap of 20 Trillion, this has not happened before but if this eventually happens, it is going to shake every financial sector and the government.

I hope the miners can finally do away with these BRC20  tokens that are spamming the network so that the adoption will be as simple as it was before, the network has not been friendly since last month and we are not even in halving yet, in 2 months time if they don't find a solution to these spamming tokens, we will stay more than a month and wouldn't be able to send and receive bitcoin from our wallets.

[salad daging]

Yes the Halving is getting closer, many people are waiting for this moment because behind the word wait they want the price of bitcoin to return to the new ATH this year, but will that be possible even though many people are optimistic?

Let's look at the previous cycle, I said last year.
2020 Halving and the highest record was not in the Halving year but in the following year 2021 where the price of $68K became the highest price of all time.

So now Halving 2024, will this be the same as the previous cycle and mean it will be truly bullish by the end of 2025? It seems like this won't be a difference, but I think 2025 will probably be ATH again.

[tbct_mt2]

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?

Bitcoin has its interesting history that with each halving, it has a big bull run. With each big bull run, it makes a new all time high.

So far, it is a voice of history and if nothing will be broken in 2024 and 2025, Bitcoin will have a new all time high. I believe it can be achieved by Bitcoin and history won't be broken in this cycle.

However, I only wonder how high will a new all time high be?

If it is only $70,000, it will be a very disappointed all time high for many speculator even it is about 56% increase from now.
I believe many people speculate a 100% increase from 2021 all time high and they think Bitcoin will have a new all time high $100,000+

[Tribalchief]

There are only 112 days left until the start of this event. Do you think that halving will have any effect on the growth of the whole market? During the last halving, the market did not react in any way, neither before nor after the event. In 2024, the block reward will decrease from 6.25 bitcoins to 3.125 bitcoins. As always, they will fuel the news for a few days, raise the price by 1-5% in an hour. I don't know why everyone is waiting for halving, better wait for spot ETF adoption. It's much more interesting. Or maybe I'm wrong and there will really be a bitcoin rate hills + a new influx of interested users.

P.S. If you don't know anything about halving (in detail) - follow this link to familiarize yourself - https://coinmarketcap.com/ru/events/bitcoin-halving

Interestingly, you said: "the last halving". I guess the pandemic was a major event that carried the attention of so many which probably didn't give room for the Bitcoin halving the last time. It's been four years now. The anticipation and speculation keeps hitting the social space, which is also adding value to the current price. Also note that more people have joined the crypto community in the space of four years also, so there should be lots of excitement for this coming event.

Though, I think the Bitcoin ETF approval is also going to cause a positive change. Let's keep our fingers crossed.

[NikeFit_7777]

There are only 112 days left until the start of this event. Do you think that halving will have any effect on the growth of the whole market? During the last halving, the market did not react in any way, neither before nor after the event. In 2024, the block reward will decrease from 6.25 bitcoins to 3.125 bitcoins. As always, they will fuel the news for a few days, raise the price by 1-5% in an hour. I don't know why everyone is waiting for halving, better wait for spot ETF adoption. It's much more interesting. Or maybe I'm wrong and there will really be a bitcoin rate hills + a new influx of interested users.

P.S. If you don't know anything about halving (in detail) - follow this link to familiarize yourself - https://coinmarketcap.com/ru/events/bitcoin-halving

Interestingly, you said: "the last halving". I guess the pandemic was a major event that carried the attention of so many which probably didn't give room for the Bitcoin halving the last time. It's been four years now. The anticipation and speculation keeps hitting the social space, which is also adding value to the current price. Also note that more people have joined the crypto community in the space of four years also, so there should be lots of excitement for this coming event.

Though, I think the Bitcoin ETF approval is also going to cause a positive change. Let's keep our fingers crossed.

By "last halving" I mean the date of May 11, 2020. That's when the reward dropped to 6.25 bitcoins per block. I understand your thoughts perfectly. Don't you think it's just that the market is just overheated with news? Everyone is waiting for the halving and nothing can happen. Except for the block falling to 3,125. The cryptocurrency market is extremely volatile and unpredictable. The same could happen with the adoption of ETFs. Come time, we will see what and how.

Not imposing my thoughts by any means. Maybe I am wrong and it will be as you wrote. Time will come, we will see.

[sampoerna]

It cannot be denied that the Bitcoin Halving is a special moment and is awaited by many people. Not because of the halving process but also the future effects after the halving where usually crypto prices in the market can be really bullish. and the rising Bitcoin price will also affect the price of altcoins on the market. This is usually used to make a profit. Hopefully this cycle will continue and be proven again this year.