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Author Topic: Why is Bitcoin price dumping before Bitcoin halving?  (Read 5650 times)

Offline Cryptsafe

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Re: Why is Bitcoin price dumping before Bitcoin halving?
« Reply #105 on: March 02, 2024, 02:08:34 PM »
The Bitcoin trend looks almost same every bear market before bull run. It is a norm that the price of Bitcoin always drops so that people can buy more of Bitcoin. I believe at this stage, there is always a market price manipulation by the whales to take advantage of the market situation to drop  down the price so they could accumulate more but at this point, one needs be careful and not sell off because they might miss the bull run out of panic selling of their Bitcoin as a result of fud.
As it stands now, it is very apparent that Bitcoin is again being played by Whale perhaps to delay the halving prematurely.
But everyone already knows that Bitcoin will experience halving, it seems that the current halving is not like halving in 2021 and no one knows Bitcoin will touch the highest price in how many dollars but if Bitcoin does not pass ATH this could be bad news.

It is not a surprise that whales would want to manipulate the market for their own interests. We all know that bull run is around the corner and many investors are at it wanting to accumulate more of Bitcoin so in that course, they would have no option than to manipulate the market by spreading fud to get at those who would be in a haste to sell but the truth is that people are now wise and would not fall for such tricks of theirs.
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Re: Why is Bitcoin price dumping before Bitcoin halving?
« Reply #105 on: March 02, 2024, 02:08:34 PM »

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Offline EthereumDev_

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Re: Why is Bitcoin price dumping before Bitcoin halving?
« Reply #106 on: March 04, 2024, 03:14:07 PM »
It is not a surprise that whales would want to manipulate the market for their own interests. We all know that bull run is around the corner and many investors are at it wanting to accumulate more of Bitcoin so in that course, they would have no option than to manipulate the market by spreading fud to get at those who would be in a haste to sell but the truth is that people are now wise and would not fall for such tricks of theirs.
In cryptocurrency, for those who have a lot of money, they will have the opportunity to control the exchange, but you need to know that you can't always move normally because of course when there is bad news or good news, the movement will be out of control because of course the whales will unite to provide price movements to coins that are trending.

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Re: Why is Bitcoin price dumping before Bitcoin halving?
« Reply #107 on: March 05, 2024, 05:24:48 AM »
In cryptocurrency, for those who have a lot of money, they will have the opportunity to control the exchange, but you need to know that you can't always move normally because of course when there is bad news or good news, the movement will be out of control because of course the whales will unite to provide price movements to coins that are trending.
It is a natural law that occurs where power will always be able to regulate everything, as is the case with crypto, that holders of a lot of money can regulate whatever they want, but it will not always be able to run smoothly without adequate support from other investors who are not tempted to manipulate and just leave it alone. Or against what they do. So I don't always think whales will be able to do whatever they want, because it also depends on the situation at that time, which may not support what happens as desired.

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Re: Why is Bitcoin price dumping before Bitcoin halving?
« Reply #108 on: March 06, 2024, 05:49:37 PM »
It is not a surprise that whales would want to manipulate the market for their own interests. We all know that bull run is around the corner and many investors are at it wanting to accumulate more of Bitcoin so in that course, they would have no option than to manipulate the market by spreading fud to get at those who would be in a haste to sell but the truth is that people are now wise and would not fall for such tricks of theirs.
In cryptocurrency, for those who have a lot of money, they will have the opportunity to control the exchange, but you need to know that you can't always move normally because of course when there is bad news or good news, the movement will be out of control because of course the whales will unite to provide price movements to coins that are trending.

It happened yesterday where there seems to be a price manipulation in the Bitcoin market and just within few hours, Bitcoin price dropped down with over $10k from $69k to $59k just within few hours. When I first noticed it I knew the whales were in play this time around. It was not up to 1 hour after my observations, the Bitcoin price dropped drastically and there was congestion on the Bitcoin chain as a result of that action.

That act alone shows how powerful the whales are when it comes to market price manipulation. The van just come together to manipulate the market for those not strong enough to sell off their coin them they use the opportunity to buy the.all since they have succeeded in manipulating the price down.
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Offline Dr.Bitcoin_Strange

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Re: Why is Bitcoin price dumping before Bitcoin halving?
« Reply #109 on: March 07, 2024, 07:57:53 AM »
The Bitcoin trend looks almost same every bear market before bull run. It is a norm that the price of Bitcoin always drops so that people can buy more of Bitcoin. I believe at this stage, there is always a market price manipulation by the whales to take advantage of the market situation to drop  down the price so they could accumulate more but at this point, one needs be careful and not sell off because they might miss the bull run out of panic selling of their Bitcoin as a result of fud.
As it stands now, it is very apparent that Bitcoin is again being played by Whale perhaps to delay the halving prematurely.
But everyone already knows that Bitcoin will experience halving, it seems that the current halving is not like halving in 2021 and no one knows Bitcoin will touch the highest price in how many dollars but if Bitcoin does not pass ATH this could be bad news.

It is not a surprise that whales would want to manipulate the market for their own interests. We all know that bull run is around the corner and many investors are at it wanting to accumulate more of Bitcoin so in that course, they would have no option than to manipulate the market by spreading fud to get at those who would be in a haste to sell but the truth is that people are now wise and would not fall for such tricks of theirs.
It is true that big investors can affect the market by purchasing or selling significant sums of Bitcoin. However, as you mentioned, not all investors are easily swayed by their decisions. Many experienced investors are aware of these strategies and make judgments with a longer-term perspective.
 However, as the Bitcoin market grows, several factors may limit the importance of whales. First, the market is getting broader, with an increasing number of individual investors and small institutions. Second, more complex trading tools and platforms are becoming available, allowing investors to base their judgments on factors other than the activities of major investors.
These amongst several other factors can result to limitation of the importance of whales

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Re: Why is Bitcoin price dumping before Bitcoin halving?
« Reply #110 on: March 07, 2024, 10:44:50 AM »

It is true that big investors can affect the market by purchasing or selling significant sums of Bitcoin. However, as you mentioned, not all investors are easily swayed by their decisions. Many experienced investors are aware of these strategies and make judgments with a longer-term perspective.
 However, as the Bitcoin market grows, several factors may limit the importance of whales. First, the market is getting broader, with an increasing number of individual investors and small institutions. Second, more complex trading tools and platforms are becoming available, allowing investors to base their judgments on factors other than the activities of major investors.
These amongst several other factors can result to limitation of the importance of whales

The increasing number of bitcoin ownership will affect the importance of whales in the market. because there will be many investors who have different experiences and thoughts from other whales. Bitcoin pump and dump, happens normally.
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Re: Why is Bitcoin price dumping before Bitcoin halving?
« Reply #111 on: March 07, 2024, 03:07:17 PM »
The Bitcoin trend looks almost same every bear market before bull run. It is a norm that the price of Bitcoin always drops so that people can buy more of Bitcoin. I believe at this stage, there is always a market price manipulation by the whales to take advantage of the market situation to drop  down the price so they could accumulate more but at this point, one needs be careful and not sell off because they might miss the bull run out of panic selling of their Bitcoin as a result of fud.
As it stands now, it is very apparent that Bitcoin is again being played by Whale perhaps to delay the halving prematurely.
But everyone already knows that Bitcoin will experience halving, it seems that the current halving is not like halving in 2021 and no one knows Bitcoin will touch the highest price in how many dollars but if Bitcoin does not pass ATH this could be bad news.

It is not a surprise that whales would want to manipulate the market for their own interests. We all know that bull run is around the corner and many investors are at it wanting to accumulate more of Bitcoin so in that course, they would have no option than to manipulate the market by spreading fud to get at those who would be in a haste to sell but the truth is that people are now wise and would not fall for such tricks of theirs.
It is true that big investors can affect the market by purchasing or selling significant sums of Bitcoin. However, as you mentioned, not all investors are easily swayed by their decisions. Many experienced investors are aware of these strategies and make judgments with a longer-term perspective.
 However, as the Bitcoin market grows, several factors may limit the importance of whales. First, the market is getting broader, with an increasing number of individual investors and small institutions. Second, more complex trading tools and platforms are becoming available, allowing investors to base their judgments on factors other than the activities of major investors.
These amongst several other factors can result to limitation of the importance of whales

I believe that the holders horizon is getting broader with growing numbers of investors on a daily basis reducing the dominance of whales in the system and making room for more price stability  and more investment .
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Re: Why is Bitcoin price dumping before Bitcoin halving?
« Reply #111 on: March 07, 2024, 03:07:17 PM »


Offline Gideon99

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Re: Why is Bitcoin price dumping before Bitcoin halving?
« Reply #112 on: March 07, 2024, 08:39:12 PM »
The first Bitcoin halving began in 2012, before the Bitcoin halving, the price of Bitcoin dropped significantly as investors were allowed to buy Bitcoin. 2016, 2020 produced similar historical signs of Bitcoin price decline. The price of Bitcoin has also fallen significantly during this halving in 2024, currently there are only 87 days left until the Bitcoin halving takes place. In the year following the Bitcoin halving, the price of Bitcoin rose again to its highest level. So currently I see the biggest investment opportunity in Bitcoin price before this Bitcoin halving. So those of you who are still without Bitcoin investment must use this opportunity to get huge profits in the future.

 By looking at this chart you will surely understand.


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Local Board Topic: https://www.altcoinstalks.com/index.php?topic=316081.msg1479040#msg1479040

The price of Bitcoin before halving event is often due to phenomenon called "sell the news" this is an event where investors sell their assets before a major event. It's an event that investors may sell before event , expecting the price to drop down once the block reward is halved.  It's very important to know that the market movements are complex, and has other factors at play as well.

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Re: Why is Bitcoin price dumping before Bitcoin halving?
« Reply #113 on: March 07, 2024, 10:37:00 PM »
I believe that the holders horizon is getting broader with growing numbers of investors on a daily basis reducing the dominance of whales in the system and making room for more price stability  and more investment .
Whales are still dominating and they will dominate the market in the coming days, years, maybe more new players will enter the market with big funds and they will also become whales and dominate the market. But yes, when many retail investors take entry in the market, then the price will be stable in the market, the game of supply and demand. But whales don't want to lose their power easily, they keep their bitcoin hold.

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Re: Why is Bitcoin price dumping before Bitcoin halving?
« Reply #114 on: March 07, 2024, 10:45:55 PM »
Looking strong for the time being. I think people are expecting way too much from it, like even a small correction is not getting too much attention at all. I feel like there is really nothing that Bitcoin can do that could make all these people happy. Some people will always want more and more and more, which is why I think bitcoin is not responsible for what people want, their own desires and wishes are their own and the market is not beholden to anything. I think it should be something that will get some time, but we will keep on going higher and higher, we are just taking a break which makes sense.

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Re: Why is Bitcoin price dumping before Bitcoin halving?
« Reply #115 on: March 08, 2024, 02:09:43 AM »
I believe that the holders horizon is getting broader with growing numbers of investors on a daily basis reducing the dominance of whales in the system and making room for more price stability  and more investment .
Whales are still dominating and they will dominate the market in the coming days, years, maybe more new players will enter the market with big funds and they will also become whales and dominate the market. But yes, when many retail investors take entry in the market, then the price will be stable in the market, the game of supply and demand. But whales don't want to lose their power easily, they keep their bitcoin hold.

Of a truth whales are much more than you could comprehend. They see the market from afar and know what to do before time that is why they could easily hold the market to standstill. As a result of their  large volume of assets in possession, they are always at advantage to benefit from the market even when they are not in anyways connected to what is happening in the Crypto space for the time being.
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Re: Why is Bitcoin price dumping before Bitcoin halving?
« Reply #116 on: March 08, 2024, 02:20:05 AM »

Expect the unexpected and this should be always the main thing that you should be having in mind when dealing up with this unpredictable space. Anything could happen in a snap on which it would really be causing that deep frustration and disappointment if the price didnt hit into your expectation. We are still a few weeks left and we would really be able to see whether it would
be making out some dump first before it would really be that continuing on breaking new ATH's.. No one really knows actually and it is really that hard for you to determine
on where the price would really be going and this is something unpredictable.

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Re: Why is Bitcoin price dumping before Bitcoin halving?
« Reply #117 on: March 08, 2024, 04:12:28 AM »
Actually OP expected with bitcoin price dumping before halving is totally wrong after success raise new all time high left one month before halving, its wrong viewed with OP mindset bitcoin bearish moment when close with halving.
Its good each four years cycle moment for bitcoin and likely all last edition with halving have significant price pump before halving.
Have many days left before halving and waiting with OP expected is right or not with bitcoin price dumping before halving or has potential to reach new all time high price after success pump to $69k last several days.

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Re: Why is Bitcoin price dumping before Bitcoin halving?
« Reply #118 on: March 08, 2024, 07:10:10 AM »
Actually OP expected with bitcoin price dumping before halving is totally wrong after success raise new all time high left one month before halving, its wrong viewed with OP mindset bitcoin bearish moment when close with halving.
Its good each four years cycle moment for bitcoin and likely all last edition with halving have significant price pump before halving.
Have many days left before halving and waiting with OP expected is right or not with bitcoin price dumping before halving or has potential to reach new all time high price after success pump to $69k last several days.

Actually it was just a correction that occurred after the bitcoin price touched the previous ATH, I agree with this opinion. and let's see altcoins start to rise. a good phenomenon. and it's likely that bitcoin will hit $70K soon, perhaps next week.

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Re: Why is Bitcoin price dumping before Bitcoin halving?
« Reply #119 on: March 08, 2024, 05:58:57 PM »
I believe that the holders horizon is getting broader with growing numbers of investors on a daily basis reducing the dominance of whales in the system and making room for more price stability  and more investment .
Whales are still dominating and they will dominate the market in the coming days, years, maybe more new players will enter the market with big funds and they will also become whales and dominate the market. But yes, when many retail investors take entry in the market, then the price will be stable in the market, the game of supply and demand. But whales don't want to lose their power easily, they keep their bitcoin hold.

Of a truth whales are much more than you could comprehend. They see the market from afar and know what to do before time that is why they could easily hold the market to standstill. As a result of their  large volume of assets in possession, they are always at advantage to benefit from the market even when they are not in anyways connected to what is happening in the Crypto space for the time being.
This is why the Whales' power is increasing instead of decreasing, they are accumulating more huge assets to them in favor of the market. And because they have huge assets, they can take control of the market at any time. However, the power of whales needs to be further reduced in the market, so that a neutral market is created and market manipulation will be reduced due to the increased participation of ordinary traders.

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