Why is Bitcoin price dumping before Bitcoin halving?

[tjtonmoy]

Price correction and market manipulation by whales shouldn't be a problem to our bitcoin investment especially if your main purpose is to hold for a long period of time. It's certain that the price of Bitcoin is moving in an upwards direction If you zoom out from 2009. So all the manipulation from whales and dips we see, are just temporary movement that wouldn't amount to anything. This fact can be backed up by the current incident we experienced when grayscale sold a thousand worth of Bitcoin, and the price dumped to $39k for a while, currently the Bitcoin has regained it price back to $44k.

Not all of those Bitcoin users are HODLers. Some are still making profits out of trading. And the volatility of the bitcoin market is the key to making a profit as a trader. So when we think about everyone, then we can notice the bigger picture. When Bitcoin becomes somewhat stable in the future, many people will stop using it because they won't be as profitable as they could have in a volatile market doing trades.

Understanding every market condition is not possible but we need to at least understand somewhat so that we can take some opportunity to make extra profit. Because we can choose both hodling and trading as an option. Why not both?

Focus on your main goal first and then try to make more out of things that you potentially could.

[pacar_tiri]

Not all of those Bitcoin users are HODLers. Some are still making profits out of trading. And the volatility of the bitcoin market is the key to making a profit as a trader. So when we think about everyone, then we can notice the bigger picture. When Bitcoin becomes somewhat stable in the future, many people will stop using it because they won't be as profitable as they could have in a volatile market doing trades.

Understanding every market condition is not possible but we need to at least understand somewhat so that we can take some opportunity to make extra profit. Because we can choose both hodling and trading as an option. Why not both?

Focus on your main goal first and then try to make more out of things that you potentially could.

Yeah it's true that not many people are holding Bitcoin, but when the price of Bitcoin collapses and traders are stuck at high prices, there's nothing you can do but keep holding until the price rises again, like it is now. At least Bitcoin won't make you lose if the trading method you use is correct. true, and the most important thing is that patience is needed for Bitcoin.

[DAMKAR]

Yeah it's true that not many people are holding Bitcoin, but when the price of Bitcoin collapses and traders are stuck at high prices, there's nothing you can do but keep holding until the price rises again, like it is now. At least Bitcoin won't make you lose if the trading method you use is correct. true, and the most important thing is that patience is needed for Bitcoin.

To be more patient is the key when we trapped in high price and don't want lose. I also have trapped at high price at the price, hold it until maybe 2- 3 years , I have gained profit, not lost.
It's my experience at the past.
Bitcoin dump before halving , it's nature. But for now Bitcoin shows good movement, it's good for altcoin.

[tjtonmoy]

Yeah it's true that not many people are holding Bitcoin, but when the price of Bitcoin collapses and traders are stuck at high prices, there's nothing you can do but keep holding until the price rises again, like it is now. At least Bitcoin won't make you lose if the trading method you use is correct. true, and the most important thing is that patience is needed for Bitcoin.

That's not entirely true by the way and this is the main reason why everyone should learn how to read every scenario. If you know how the market will behave in the future, you can come up with a strategy where you can sell that stuck investment and reinvest to make its value worth even more.
To be able to do that, we need to understand and be really good at predicting in which direction the market will go. Then you can sell and buy accordingly to increase the amount of tokens (not the total value in dollars) you hold.

Think about it. Are you winning by hodling or are you missing out on something in the long run?

{Note: If you want to avoid taking any risks, keep on HODLing. Trading carries risks}

[milewilda]

Yeah it's true that not many people are holding Bitcoin, but when the price of Bitcoin collapses and traders are stuck at high prices, there's nothing you can do but keep holding until the price rises again, like it is now. At least Bitcoin won't make you lose if the trading method you use is correct. true, and the most important thing is that patience is needed for Bitcoin.

To be more patient is the key when we trapped in high price and don't want lose. I also have trapped at high price at the price, hold it until maybe 2- 3 years , I have gained profit, not lost.
It's my experience at the past.
Bitcoin dump before halving , it's nature. But for now Bitcoin shows good movement, it's good for altcoin.

Those things wont considered to be a lose or negative if you are really just that simply holding your position on which those negatives are really just that paper loses and its not something
that been realized. This is something that should really be on someones mind when it comes to this matter because majority specially those noobs or who dont have any that sufficient knowledge about Bitcoin would really be that panicking on the moment that they've seen their portfolio is really that in negative on which they arent really that having that real seriousness
with their investment and do act accordingly on which they would really be having those kind of impulsive actions which they might be that doing on cutting their losses on which
we know that this is the dumbest thing to be done by someone.

[LUCKMCFLY]

I think that before doing Anything, we have to do a study of what can actually happen Personally , I have always seen that when we are doing more things, for example, we should not get carried away by the news, if we expect That bitcoin rises in price when the Majority of people believe it will rise, that is a mistake, we must expect the Opposite, because everything is ready for this movie, and what happens? The opposite movement is logical, in fact if I were a multi-millionaire investor I do know that almost everyone expects bBitcoin to rise, because I make a good short move so that others get scared and sell me their bitcoins Taking advantage of the weak hands they are .

But the event is something that can be described as its way of doing things, you cannot expect it to rise all at once, but if in a few Months when no one expects that Event , it is market logic.

[doc]

Bitcoin price was dumping before halving because grayscale sold his BTC in huge amount. Bitcoin is recovering again now and touch $ 47K, no worries about the bitcoin performance at this year. Keep hold and patient.

[notblox1]

Bitcoin price was dumping before halving because grayscale sold his BTC in huge amount. Bitcoin is recovering again now and touch $ 47K, no worries about the bitcoin performance at this year. Keep hold and patient.

There are much more bitcoins to be sold from liquidated exchanges and from big players so this is going to happen again in future.
Some people only hold and they dont like trading, and others try to earn more by selling on top and buying again when price gets much lower.
Both way could work for different people.

[bounceback]

Today bitcoin make new highest price since dropping after ETF approval and raised up to $48k, its first time for bitcoin after waiting more than one month during ETF approval effect make bitcoin drop drastically. I little disagree with the OP opinion with bitcoin dumping before halving because has good potential with bitcoin will return back to higher price.

There are much more bitcoins to be sold from liquidated exchanges and from big players so this is going to happen again in future.
Some people only hold and they dont like trading, and others try to earn more by selling on top and buying again when price gets much lower.
Both way could work for different people.

Seems not problem with how many bitcoin sold from liquidates exchange during has good balance between supply and demand, I believe before halving although many investor sold their bitcoin keep  get chance many investor are waiting to buy back bitcoin.

[vegasus]

This is nothing new, right? Because crypto market fluctuations will always occur. Likewise, the price of Bitcoin will certainly not continue to rise steadily. There will definitely be price increases and corrections. This is also sometimes based on various news that influences it or certain events that will also influence the price of Bitcoin.

This time Bitcoin is actually rising quite drastically. And this happens very quickly. Can BTC reach $50k this month?

[I-Bit]

Bitcoin price was dumping before halving because grayscale sold his BTC in huge amount. Bitcoin is recovering again now and touch $ 47K, no worries about the bitcoin performance at this year. Keep hold and patient.

I don't know whether the news of grayscale sold BTC was trusted news. But it makes sense if they really sold the BTC in a large number. But why they sold the BTC very early? Is this the way to manipulate the Bitcoin price? Yes, currently Bitcoin price has passed $48k again and it seems to have the chance to increase more. I will keep holding because I assume Bitcoin will surpass $50k before the halving season.

[dekafee79]

This is nothing new, right? Because crypto market fluctuations will always occur. Likewise, the price of Bitcoin will certainly not continue to rise steadily. There will definitely be price increases and corrections. This is also sometimes based on various news that influences it or certain events that will also influence the price of Bitcoin.

This time Bitcoin is actually rising quite drastically. And this happens very quickly. Can BTC reach $50k this month?

Yeah, I think $ 50K will reached at this month. Bitcoin has potential to touch this .
Bitcoin is volatile, Pump and dump bitcoin are always happen. It's the reason why many people invest in bitcoin and crypto currency.
We can buy at bottom, hold  then sell when the price goes up.

[yohananaomi]

Yeah, I think $ 50K will reached at this month. Bitcoin has potential to touch this .
Bitcoin is volatile, Pump and dump bitcoin are always happen. It's the reason why many people invest in bitcoin and crypto currency.
We can buy at bottom, hold  then sell when the price goes up.

He reached $50K yesterday, which is what he is waiting to see if he can make it through, but we know that the halving period is still around 62 days away and the possibility of it being corrected again is not impossible.That's the advantage of Bitcoin; it can always change quickly, and for those who can take advantage of it, of course they can trade short-term, but for those who can't hold it within the specified time period of once every 4 years, a renewable ATH will occur, and there will be an increase.

[IvugeoEvolutionCoin]

He reached $50K yesterday, which is what he is waiting to see if he can make it through, but we know that the halving period is still around 62 days away and the possibility of it being corrected again is not impossible.That's the advantage of Bitcoin; it can always change quickly, and for those who can take advantage of it, of course they can trade short-term, but for those who can't hold it within the specified time period of once every 4 years, a renewable ATH will occur, and there will be an increase.

Now, this is a very good Bitcoin price movement because when there is a lot of news talking about Bitcoin from several famous people, such as Joe Biden, it will give price movements to Bitcoin because, of course, whales will also trigger the price to increase too. Bitcoin's ATH can still be achieved until next year. in the future, so keep buying Bitcoin, whatever the price; it will definitely make a profit.

[masudginanjar]

Yeah, I think $ 50K will reached at this month. Bitcoin has potential to touch this .
Bitcoin is volatile, Pump and dump bitcoin are always happen. It's the reason why many people invest in bitcoin and crypto currency.
We can buy at bottom, hold  then sell when the price goes up.

He reached $50K yesterday, which is what he is waiting to see if he can make it through, but we know that the halving period is still around 62 days away and the possibility of it being corrected again is not impossible.

I saw just now on Binance that the price of Bitcoin has reached 51,440 USD and this is the highest compared to the previous weeks.
As you said, there are still 2 months left for the Halving to take place and there is a possibility that Bitcoin's value will correct slightly as the OP said at the start of this thread.

But it doesn't shake my mindset to hodL Bitcoin because it has HodL capabilities rather than having to trade every day on Binance.
So, the effect of the Bitcoin Dump before the halving is not a problem for me because I have already bought Bitcoin under the price of 34,000 USD and now I am just happier seeing my portfolio on Binance.