BITCOIN HALVING PRICE HISTORY FIRST TO LAST.

[Captain Corporate]

The only difference compared to the past is the fact that we had ATH before the halving instead of afterwards, which is fine when you think about it because we had the ETF business during this time, and that meant tens of thousands of bitcoins were bought just from there, and a lot of hyped people bought bitcoin because of it as well, so all of that combined made the price go up. Look at the price at the start of the year and look at it now, some people feel bad because price went down recently, but when compared to year to date, we are quite high. That is why I feel like bull run will still come, we just had a different start to it.

[babo]

The only difference compared to the past is the fact that we had ATH before the halving instead of afterwards, which is fine when you think about it because we had the ETF business during this time, and that meant tens of thousands of bitcoins were bought just from there, and a lot of hyped people bought bitcoin because of it as well, so all of that combined made the price go up. Look at the price at the start of the year and look at it now, some people feel bad because price went down recently, but when compared to year to date, we are quite high. That is why I feel like bull run will still come, we just had a different start to it.

yes ok but what does this mean?
If we have already reached one of the ATHs, will the ETF factor lead to Bitcoin having an ATH on steroids? This is very interesting if you think about it, we don't know if ETF will have a multiplier effect, it's a new factor
he certainly had it in the halving phase

[Lucius]

yes ok but what does this mean?
If we have already reached one of the ATHs, will the ETF factor lead to Bitcoin having an ATH on steroids? This is very interesting if you think about it, we don't know if ETF will have a multiplier effect, it's a new factor
he certainly had it in the halving phase

I had the opinion that ETFs + halving would be a perfect storm and it is possible that this will happen in the future, despite the fact that at the moment it seems that investors in BTC through ETFs have decided to take a break. We can speculate that this is because the investors simply misunderstood what halving is and when the price did not rise immediately, they decided to sell.

I think that the US market still speculates a lot about when interest rates will fall, and there are strong indications that it will happen soon, which means that money will somehow become cheaper, which could mean more investments.

[babo]

yes ok but what does this mean?
If we have already reached one of the ATHs, will the ETF factor lead to Bitcoin having an ATH on steroids? This is very interesting if you think about it, we don't know if ETF will have a multiplier effect, it's a new factor
he certainly had it in the halving phase

I had the opinion that ETFs + halving would be a perfect storm and it is possible that this will happen in the future, despite the fact that at the moment it seems that investors in BTC through ETFs have decided to take a break. We can speculate that this is because the investors simply misunderstood what halving is and when the price did not rise immediately, they decided to sell.

I think that the US market still speculates a lot about when interest rates will fall, and there are strong indications that it will happen soon, which means that money will somehow become cheaper, which could mean more investments.

I think so too, but since we don't have data it becomes difficult to predict something like this (very difficult to be honest)
we can already make weak speculations based on previous halvings
if we face a new fact it becomes even more complex to speculate, given that we have no data or history about it

[Lucius]

I think so too, but since we don't have data it becomes difficult to predict something like this (very difficult to be honest)
we can already make weak speculations based on previous halvings
if we face a new fact it becomes even more complex to speculate, given that we have no data or history about it

Data is one thing, but facts are something completely different. The facts show that there is considerable interest in investing in BTC through spot ETFs, and that some very large US companies have invested significant funds. I have no doubt that such investments will continue, and that the halving will still have its effect as before.

In the past 3 days, spot ETFs have finally reversed the trend outflows and bought about 7000 BTC, which seems to have been immediately reflected in the price. And news like this is not to be underestimated either -> https://twitter.com/BitwiseInvest/status/1790830802911048112

[babo]

Yes I understand what you mean Lucius
yes the trend has reversed but we always talk about the fact that we are under halving, the effects of the same are historically not seen before 200 days from the halving
so it doesn't worry me at all
for me bitcoin grow, long

[UNIVERSE]

This circle might not be exactly one year before we will see the bull run for bitcoin price to increase significantly. This circle is different from the rest, and it might not be up to one year before we will see the price of bitcoin increase significantly, because bitcoin was able to make a new ATH before the halving which has never happened in bitcoin history also we have the ETF on business which was not in other circles. But let's just relax with patience and see what will happen next.

You are right, it may increase faster than the previous cycle. We achieve the ATH very early, the next ATH may come earlier, too. I know some people predicted the ATH may be in the end of this year (Q4 2024). But we still don't know what will happen exactly, it can be different or same with the previous cycle. ETF is one of the factors that triggers the price of Bitcoin increases faster this year. As long as we have good news about ETF, it is possible to achieve a new ATH soon.

[babo]

You are right, it may increase faster than the previous cycle. We achieve the ATH very early, the next ATH may come earlier, too. I know some people predicted the ATH may be in the end of this year (Q4 2024). But we still don't know what will happen exactly, it can be different or same with the previous cycle. ETF is one of the factors that triggers the price of Bitcoin increases faster this year. As long as we have good news about ETF, it is possible to achieve a new ATH soon.

we did the ATH before, but that doesn't mean it ended there
always remember that the halved reward for miners means suffering for them, it means changing hw and mining with a lower return

consequently this will push prices upwards, less supply, greater demand.. boom!