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Author Topic: Halving likelihood to be in red?  (Read 6500 times)

Online MrSpasybo

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Re: Halving likelihood to be in red?
« Reply #45 on: April 22, 2024, 09:49:50 PM »
This is mainly focused on those that deal on future or don't have strong hands because holders can persevere through trying times and come out victorious.
Okay this is born out of my pessimism though. What if the early stage of this halving would be similar to ETF approval.
Like people are already buying the rumor I believe many would sell the news and a dump would occur after or a day/two before the halving.  What are your thoughts on this?
Does selling the news still apply here?
I also used to think that the Halving would be a sell-the-news event and the BTC price would decrease after the Halving, but currently the BTC price is increasing thanks to the positive effects of the Halving and many ALTS are also recovering quite well. In the past, the Halving was a boring time in terms of price volatility, it was just the start of a new cycle and the BTC price would usually accumulate for 6-10 months before seeing strong growth and bringing the entire market into a bullrun. Anyway, whether the BTC price will increase or decrease in the short term, this is also a great time to enter the market more strongly in order to make a profit in the next few months. I don't think anyone should sell off and leave the crypto market at this time.
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Re: Halving likelihood to be in red?
« Reply #45 on: April 22, 2024, 09:49:50 PM »

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Re: Halving likelihood to be in red?
« Reply #46 on: April 23, 2024, 08:00:49 PM »
Between curiosity and fear... actually for the bullrun moment if you look at the history of previous halvings, the bullrun started to occur a few months after the halving... where the ATH will be reached in the next few months... but the existence of this ETF might slightly disrupt the moment... where I hope Bitcoin ETFs can trigger a bullrun if only the SEC gives a good signal regarding Bitcoin ETFs a little later, maybe mid-year.

However, as long as I'm still curious and it's still very early in the halving... I'm still holding for the next few months to prove the reality of what Bitcoin will experience. At least until Christmas 2024.

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Re: Halving likelihood to be in red?
« Reply #47 on: April 24, 2024, 05:57:04 PM »
Between curiosity and fear... actually for the bullrun moment if you look at the history of previous halvings, the bullrun started to occur a few months after the halving... where the ATH will be reached in the next few months... but the existence of this ETF might slightly disrupt the moment... where I hope Bitcoin ETFs can trigger a bullrun if only the SEC gives a good signal regarding Bitcoin ETFs a little later, maybe mid-year.

However, as long as I'm still curious and it's still very early in the halving... I'm still holding for the next few months to prove the reality of what Bitcoin will experience. At least until Christmas 2024.
It's true, last year's halving did provide bitcoin price movements like that, but you have to remember that this year's new ATH was reached before the halving occurred. The chance of getting a new ATH price for the second time this year seems unlikely. If there is good news with bitcoin then it is possible that it could happen.

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Re: Halving likelihood to be in red?
« Reply #48 on: April 24, 2024, 06:22:51 PM »
Bitcoin is a coin that is suitable to hold for the future, and this has been proven for years by the price of Bitcoin getting more expensive in a 4 year cycle. Whether we see the price of bitcoin reach over $1B in the future, this is likely to happen.

Common my friend  ;D ;D let's reach atleast 100k first and then maybe we can talk about a billion dollars worth of Bitcoin, who knows if we ar going to be alive to witness such a remarkable journey because if a bitcoin should be worth a Billion dollars, I don't think trillions will be the market cap of Bitcoin that we will be discussing about, it's going to be Quadrillions.

Just to be safe from not getting what every holder do enjoy, it's always better to hold some Bitcoin, the little you can afford financially and just live it there for all time it can be there, you will check back in some years and you will be proud you did hold just like people who are still holding since 2014.
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Re: Halving likelihood to be in red?
« Reply #49 on: April 25, 2024, 03:36:08 PM »
Bitcoin is a coin that is suitable to hold for the future, and this has been proven for years by the price of Bitcoin getting more expensive in a 4 year cycle. Whether we see the price of bitcoin reach over $1B in the future, this is likely to happen.

Common my friend  ;D ;D let's reach atleast 100k first and then maybe we can talk about a billion dollars worth of Bitcoin, who knows if we ar going to be alive to witness such a remarkable journey because if a bitcoin should be worth a Billion dollars, I don't think trillions will be the market cap of Bitcoin that we will be discussing about, it's going to be Quadrillions.

Just to be safe from not getting what every holder do enjoy, it's always better to hold some Bitcoin, the little you can afford financially and just live it there for all time it can be there, you will check back in some years and you will be proud you did hold just like people who are still holding since 2014.
Wise statement guys, we should look at $100K first before thinking about more. Hopes may be high but we should see how it goes. I'm just answering about the possibility that it will happen, even though we don't know if we still have it :)

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Re: Halving likelihood to be in red?
« Reply #50 on: April 25, 2024, 04:12:49 PM »
Bitcoin is a coin that is suitable to hold for the future, and this has been proven for years by the price of Bitcoin getting more expensive in a 4 year cycle. Whether we see the price of bitcoin reach over $1B in the future, this is likely to happen.

Common my friend  ;D ;D let's reach atleast 100k first and then maybe we can talk about a billion dollars worth of Bitcoin, who knows if we ar going to be alive to witness such a remarkable journey because if a bitcoin should be worth a Billion dollars, I don't think trillions will be the market cap of Bitcoin that we will be discussing about, it's going to be Quadrillions.

Just to be safe from not getting what every holder do enjoy, it's always better to hold some Bitcoin, the little you can afford financially and just live it there for all time it can be there, you will check back in some years and you will be proud you did hold just like people who are still holding since 2014.
Wise statement guys, we should look at $100K first before thinking about more. Hopes may be high but we should see how it goes. I'm just answering about the possibility that it will happen, even though we don't know if we still have it :)
Well, anything is possible as long as it's bitcoin and crypto we are talking about, I mean, when bitcoin began its journey in 2009, who did believed that Bitcoin will one day be worth over $60,000? But here we are today, making a statement that Bitcoin may one day be worth $1 billion dollars may sound outrageous to many people, most people to be more pricised, but then, it's still possible, even if this may take several years to happen, and that many of us won't be alive then to witness it happen, what is most important is that Bitcoin continue to exist and continue to look very attractive to both governments, top influencial people and individuals as an asset to be invested in, with more and more adoptions, countries accepting bitcoin and making it (not just a legal tender) but also as a national reserve currency as well, then that price will be very possible.

We have over 7 billion people in the whole world, and if 90 percent of this number get into crypto, and 25 percent own 1 bitcoin each,  $1 billion dollar for 1 btc is possible.
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Re: Halving likelihood to be in red?
« Reply #51 on: April 25, 2024, 07:54:00 PM »
It's true, last year's halving did provide bitcoin price movements like that, but you have to remember that this year's new ATH was reached before the halving occurred. The chance of getting a new ATH price for the second time this year seems unlikely. If there is good news with bitcoin then it is possible that it could happen.

Bitcoin has reached its new ATH prior to the halving but that was just because of Bitcoin ETF approval as well as due to bull season but I don't think that we will not see another ATH after halving. Keep calm because movement takes time whether it's a negative movement or positive movement.

You will also have heard that in previous years ETF effects were not there but now if we have seen good price movement before halving then that was the effects of ETF because halving did not happen that time so wait for halving effects.
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Altcoins Talks - Cryptocurrency Forum

Re: Halving likelihood to be in red?
« Reply #51 on: April 25, 2024, 07:54:00 PM »


Offline Captain Corporate

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Re: Halving likelihood to be in red?
« Reply #52 on: April 25, 2024, 09:08:02 PM »
I do believe that we are going to be in green for the longest time, its not going to get to become a red for a long time. Not saying that we are never going to see red, it is actually going to be something that will be temporary and not going to get any different because green will be the end result. This should be something that could actually change it. I personally believe that we are going to end up with seeing greater and greater results with coming months in the future, we just need to hold it as long as possible.

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Re: Halving likelihood to be in red?
« Reply #53 on: April 25, 2024, 09:53:34 PM »
I do believe that we are going to be in green for the longest time, its not going to get to become a red for a long time. Not saying that we are never going to see red, it is actually going to be something that will be temporary and not going to get any different because green will be the end result. This should be something that could actually change it. I personally believe that we are going to end up with seeing greater and greater results with coming months in the future, we just need to hold it as long as possible.
The halving was really red as the Op stated it clearly in the topic. And even the mempool was brutally red. But the green has been there before the halving and still on the green till now. And now that the halving is over, everyone is expecting the ATH. And the predicted price of bitcoin in the season is $100k to $150k, but we seen the All Time High. We are all waiting for the greater result that is coming.

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Re: Halving likelihood to be in red?
« Reply #54 on: April 25, 2024, 11:05:41 PM »
Between curiosity and fear... actually for the bullrun moment if you look at the history of previous halvings, the bullrun started to occur a few months after the halving... where the ATH will be reached in the next few months... but the existence of this ETF might slightly disrupt the moment... where I hope Bitcoin ETFs can trigger a bullrun if only the SEC gives a good signal regarding Bitcoin ETFs a little later, maybe mid-year.

However, as long as I'm still curious and it's still very early in the halving... I'm still holding for the next few months to prove the reality of what Bitcoin will experience. At least until Christmas 2024.
It's true, last year's halving did provide bitcoin price movements like that, but you have to remember that this year's new ATH was reached before the halving occurred. The chance of getting a new ATH price for the second time this year seems unlikely. If there is good news with bitcoin then it is possible that it could happen.
You're right mate.
Bitcoin's growth has been significantly tremendous this year as it has already reached an ATH before the halving event occurred, but even while people fear that it may not be able to reach another ATH this year, there's really no rule that states that bitcoin cannot reach an ATH twice in one year.

Besides we still have some significant events coming up this year that could really influence the price of Bitcoin positively, events like the upcoming Ethereum spot ETF approval that's just around the corner, we also have the supply crunchthats influenced by the already concluded 4th bitcoin halving, amongst several other events, for this, I'm still very optimistic about the price of Bitcoin hitting another ATH before the end of this year.

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Re: Halving likelihood to be in red?
« Reply #55 on: April 25, 2024, 11:46:03 PM »
I do believe that we are going to be in green for the longest time, its not going to get to become a red for a long time. Not saying that we are never going to see red, it is actually going to be something that will be temporary and not going to get any different because green will be the end result. This should be something that could actually change it. I personally believe that we are going to end up with seeing greater and greater results with coming months in the future, we just need to hold it as long as possible.

We're kind of already there in terms of monthly results. Bitcoins have noted the longest streak of "green" months in its history being seven:


credit to Cygan

The chance of having another, 8th green month is slim, as we would have to get back above $70-71k

(...)
We have over 7 billion people in the whole world, and if 90 percent of this number get into crypto, and 25 percent own 1 bitcoin each,  $1 billion dollar for 1 btc is possible.

25% out of 7 billion is 1,750,000,000. We would have to increase the 21 million hard-cap by over 83 times.

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Re: Halving likelihood to be in red?
« Reply #56 on: April 26, 2024, 04:00:53 AM »
This is mainly focused on those that deal on future or don't have strong hands because holders can persevere through trying times and come out victorious.
Okay this is born out of my pessimism though. What if the early stage of this halving would be similar to ETF approval.
Like people are already buying the rumor I believe many would sell the news and a dump would occur after or a day/two before the halving.  What are your thoughts on this?
Does selling the news still apply here?


Note :This is not really a advice. In my opinion if you longing bitcoin in future in this coming months do so with sufficient funds and good risk management accompanied by lower leverage.
We all know that there would be a rise after an halving,  but who would benefit are those with strong hands and the ability not to be swayed by market dip.

Still on the topic, what are your thoughts on the early days of this halving?
]
Bitcoin seems fine till now , more than a month after yourpost here?

Bitcoin stays above 60k and that is a strong shows

https://coinmarketcap.com/currencies/bitcoin/

I believe that we are still in steady market but anytime from now specially when the fee drops low? we will see more action (but be ready in both dump and pump)

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Re: Halving likelihood to be in red?
« Reply #57 on: April 26, 2024, 05:33:00 AM »
I do believe that we are going to be in green for the longest time, its not going to get to become a red for a long time. Not saying that we are never going to see red, it is actually going to be something that will be temporary and not going to get any different because green will be the end result. This should be something that could actually change it. I personally believe that we are going to end up with seeing greater and greater results with coming months in the future, we just need to hold it as long as possible.
The halving was really red as the Op stated it clearly in the topic. And even the mempool was brutally red. But the green has been there before the halving and still on the green till now. And now that the halving is over, everyone is expecting the ATH. And the predicted price of bitcoin in the season is $100k to $150k, but we seen the All Time High. We are all waiting for the greater result that is coming.
That's right, before the halving occurred, many coins had increased in price and bitcoin had also touched a new ATH, so after the halving it looks like we will enter a bearish season where the price of bitcoin will fall slowly. To increase the price to $100k is very difficult and unlikely to happen this year.

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Re: Halving likelihood to be in red?
« Reply #58 on: April 27, 2024, 02:24:48 PM »
I do believe that we are going to be in green for the longest time, its not going to get to become a red for a long time. Not saying that we are never going to see red, it is actually going to be something that will be temporary and not going to get any different because green will be the end result. This should be something that could actually change it. I personally believe that we are going to end up with seeing greater and greater results with coming months in the future, we just need to hold it as long as possible.
The halving was really red as the Op stated it clearly in the topic. And even the mempool was brutally red. But the green has been there before the halving and still on the green till now. And now that the halving is over, everyone is expecting the ATH. And the predicted price of bitcoin in the season is $100k to $150k, but we seen the All Time High. We are all waiting for the greater result that is coming.
That's right, before the halving occurred, many coins had increased in price and bitcoin had also touched a new ATH, so after the halving it looks like we will enter a bearish season where the price of bitcoin will fall slowly. To increase the price to $100k is very difficult and unlikely to happen this year.
Anything can happen in the crypto space, even though we see that the current bitcoin market seems to be struggling, we don't know what will happen in the next 2 or 3 months. If there is good news about bitcoin, I think bitcoin will soar and touch the previous ATH again. so be patient and wait for what will happen in Q4 this year

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Re: Halving likelihood to be in red?
« Reply #59 on: April 27, 2024, 04:42:14 PM »
Between curiosity and fear... actually for the bullrun moment if you look at the history of previous halvings, the bullrun started to occur a few months after the halving...where the ATH will be reached in the next few months
But bitcoin already reached new all time high last month.


where I hope Bitcoin ETFs can trigger a bullrun
I guess you didn't notice, but we are already in the bullrun, no matter the price going slightly below prevous all time high. And as we know, the peak of it usually happens six months later so the best days are still ahead of us. Having said that, just because it happened in the past, doesn't meant that we gonna see the same scenario all over again.
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