Why is Bitcoin price up today?

[Shahinaz]

Why people care much about halving and expect halving to increase bitcoin proce? Last time we had halving, the price barely showed any significant change. Halving is in less than half a year, and the price already grew a lot this year. I think nothing would change much in April 2024.

because I think the halving is the time that Bitcoin owners have been waiting for, sometimes I don't care about the halving issue, but of course I continue to monitor the situation, even though there won't be much change, it will definitely be interesting to follow. I hope this halving session doesn't disappoint the hopes of the holders.

[Thyplaymaker]

The recent of Bitcoin is not about the upcoming halving is just that most people are stacking more Btc. And the ETF is just a hype that causing now  FOMO. Now most people already believing that Bitcoin ETF won't be approved. And if it comes to that Bitcoin will surely experience a dip but 35k$ will be strong resistance.

[kulkhan]

Good time coming for Bitcoin and crypto i strongly believe it. In 2024 will fantastic time for bitcoin. I think Within short time Bitcoin price will hit $50k. We know spot BTC exchange-traded fund (ETF) will be approved in January 2024 and many Good news coming for Bitcoin. So i think Now time for Bitcoin. So Bitcoin Price will increase Gradually there has no doubt.

I think within 2024 Bitcoin price will hit new ATH. And after Covid and Russia &Ukraine war huge people involving in crypto. So huge people Buying and holding Bitcoin. So it’s usability increasing. And also It's price increasing.

[0t3p0t]

It could be that buying power beat those sellers on todays trading flow. It could also be that whales anticipated this season for a nice catch. Sellers tend to use there Bitcoins this season maybe because they wanted to buy gifts for their loved ones. This is I think the best time for whales to have a mukbang.

[therozaq]

Good time coming for Bitcoin and crypto i strongly believe it. In 2024 will fantastic time for bitcoin. I think Within short time Bitcoin price will hit $50k. We know spot BTC exchange-traded fund (ETF) will be approved in January 2024 and many Good news coming for Bitcoin. So i think Now time for Bitcoin. So Bitcoin Price will increase Gradually there has no doubt.

I think within 2024 Bitcoin price will hit new ATH. And after Covid and Russia &Ukraine war huge people involving in crypto. So huge people Buying and holding Bitcoin. So it’s usability increasing. And also It's price increasing.

me too, I also have the same prediction.
Bitcoin will touch new ATH at 2024.
After COVID and Ukraine war, I think many people will start to invest in bitcoin again.
Although  Russia and Ukraine war still happen, but  civil I other countries still have enthusiasm to invest in crypto, especially bitcoin , Ethereum, BNB etc.
Bitcoin price is 42K USD now, I think it will touch 50K USD soon.
But for buy more, I think we should wait..It's too high to buy more.

[Master107]

As per Bitcoin cycle we can witness the price goes down and then goes up and repeat the cycle again and again. Why is that happening? Since there are a lot of big whales or crypto manipulator including government official (though some not publicly admit they are into Bitcoin but in really they are part of big Bitcoin guru in anonymous). Bitcoin price is expected to decrease and increase. Why dumping and pumping? To give another chance before pumping hard, to hype crypto space, to make some noice either positive or negative news just to make Bitcoin knows around the world. Therefore, the price of Bitcoin is up today or we might see it dumping and then pump again.