Bitcoin Slips Under $62K as Hong Kong ETFs Disappoint

[Jamal Aezaz]

Before halving and ETF approval, I had always said and anticipated that two will derive the market!

• US ETF
• Halving bull run

I said, if A refuses to move the market, that B will. And fortunately A already moved the market. We shouldn't expect the effect of B almost immediately.

The market is not going higher but it is also not showing such a down dip therefore everyone is calm as they predict that if price is not going to show deep down then growth is possible at this stage. I think halving will create Positive things for us but for it we have to increase our trust and should believe that as in previous Halving the situation alters to positive response after some months so similar will happen in current halving also.

The price is better for making investments so don't use negative thoughts but if you have money then utilize your energy, knowledge and money to continue your investment to see the effects of halving.

[EthereumDev_]

Before halving and ETF approval, I had always said and anticipated that two will derive the market!

• US ETF
• Halving bull run

I said, if A refuses to move the market, that B will. And fortunately A already moved the market. We shouldn't expect the effect of B almost immediately.

The market is not going higher but it is also not showing such a down dip therefore everyone is calm as they predict that if price is not going to show deep down then growth is possible at this stage. I think halving will create Positive things for us but for it we have to increase our trust and should believe that as in previous Halving the situation alters to positive response after some months so similar will happen in current halving also.

The price is better for making investments so don't use negative thoughts but if you have money then utilize your energy, knowledge and money to continue your investment to see the effects of halving.

Yes, that's right, currently market conditions are unstable, coin prices on exchanges tend to experience price declines, if it's like this then I prefer to prepare USDT and wait until the coin price drops further then buy it in large quantities.

[examplens]

If I may ask, why is the stagnation of the Bitcoin price considered a disappointment? Or, for example, the fact that the price did not react positively to some news like the HK ETF?

Does anyone really expect the value of Bitcoin to keep going up and only up? Isn't there an assumption that sometimes it will hit its maximum current value (supply/demand)?