BTC created new ATH before Halving: are you surprised?
It touched the clouds for a moment and then went down again.
Today, BTC reached a new ATH, as of this moment, BTC's ATH is 69,170.63 USD. This really surprised me because in the past BTC has never created a new ATH before the Halving, meaning we have a new history for BTC.I can feel you with this mate and actually this is what I stand recently in BTT not agreeing the thread created about bitcoin beating ATH before halving because this does not happen eversince.
Yeah , have seen that there mate and thanks for reminding us here .
- My opinion was posted first in that topic, on Bitcointalk (https://bitcointalk.org/index.php?topic=5487693.0)
- I leave the source link to avoid plagiarism accusation.
- I excluded/ included minor things from an original thread if necessary.
It touched the clouds for a moment and then went down again.
The fact that the BTC price dropped sharply to $59k immediately after touching ATH indicates extreme resistance at this level. There is no doubt that the BTC price will test it again, but I think it will take some time, and it will probably take a few attempts to break this level finally.
1. Are you surprised by this event?1. Since I am not aware of this event not until you shared this OP it doesn't surprise me me either. I personally do not check charts that often since I am only holding my Bitcoins and a bit busy right now but I was aware of prices because I check for it every time I am online but with charts nah.
2. Do you think this signals a new stage for BTC history?
3. Are you worried that this event will disrupt the market's cyclical nature and future predictability?
I want to know your views on Bitcoin reaching a new ATH before the Halving.1. Hell YEAH!!!!!
- Are you surprised by this event?
- Do you think this signals a new stage for BTC history?
- Are you worried that this event will disrupt the market's cyclical nature and future predictability?
1. Not really, on the time that ETF been approved then i do have already anticipated or having those expectations that we would be touching ATH pre-halving period
I want to know your views on Bitcoin reaching a new ATH before the Halving.
- Are you surprised by this event?
- Do you think this signals a new stage for BTC history?
- Are you worried that this event will disrupt the market's cyclical nature and future predictability?
It touched the clouds for a moment and then went down again. I have to say its really a great feeling to see this, there is really no other feeling like this in the economy world. Of course it crashed a bit right afterwards as well and that's just normal, there is nothing wrong with that. I have to see where it leads, and it has to be something that will take a while, I know that the recovery will eventually happen and we should be considering the deal to be bigger than what we have seen so far. I hope that it is a quick one, there could be more falls after this one, and I do not want to see that happen.
There is no bad news that could cause of the drop but it was overbought yesterday since the drop is around 10% I think you're right it is just a correction and it bounced back again to $67k.
The price of bitcoin after reaching $69K, then fell seemed to drop, but in my opinion this is just a correction. Now we see the price of bitcoin back to $67K going up and down from $67K - to $66K. I think this is just a correction to be able to make $70K this week.
Although I am not a technical investor and I congratulate BTC's new ATH, I am also worried about this change in BTC history. In the 2021 cycle, I just waited to sell tokens in November-December 2021 because I believed that the cyclicality of the crypto market would repeat. In this cycle, I'm not sure if it can be repeated. Maybe BTC's ATH for the entire cycle will still be created in November 2025, or maybe it will come in 2024 and 2025 will be the time for crypto winter. I'm not sure anyone can accurately predict this, we need more data to analyze.1. Technical analysis is based on the assumption that history will repeat itself: at the same time or market state, price behavior will be as volatile as in the past. Normally, BTC only approaches Fibo 0.618 before Halving, but this time we saw BTC create a new ATH before Halving, this has never happened, I believe cycle analysts will be surprised.
I want to know your views on Bitcoin reaching a new ATH before the Halving.
- Are you surprised by this event?
- Do you think this signals a new stage for BTC history?
- Are you worried that this event will disrupt the market's cyclical nature and future predictability?
It touched the clouds for a moment and then went down again.
The fact that the BTC price dropped sharply to $59k immediately after touching ATH indicates extreme resistance at this level. There is no doubt that the BTC price will test it again, but I think it will take some time, and it will probably take a few attempts to break this level finally.
I voted for:This is just a clear statement that Bitcoin and cryptocurrency at large is something that's really hard to predict and I do hope that we all get to witness this sudden change as good results like you said, am also optimistic about the bull run ahead after the halving but something tells me already that the bull market has already begun so we might even see strangers things this year as Bitcoin might decide to defile all odds and do the extraordinary so what I voted for is just HODL your coins watch where the market takes us.
I'm really surprised because this has never happened in history
Why? Simply because this is the first time that we have witnessed it. So I kinda have a mixed feeling when we broke the trend. It could either be a big incoming bull run in the next two years, or worst the prediction will not come into fruition (but at least $100,000 could be achieved), like $180,000 or higher. But I might be wrong again, so we will see what kind of sign is this. Hopefully it will be the former, as we will see a massive bull run, parabolic increase like no other in it's young history.
We've seen some minor correction, but we have regain it already as we are in the $67,000 price range and the bulls might push for a higher ups like $70,000 before the actual halving time.
1. Hell YEAH!!!!!The crypto market constantly surprises investors with its unusual fluctuations, I think this time is no exception. Up to now, BTC's ATH is 70K USD. The interesting thing is that BTC has not yet had a significant correction after reaching the old ATH, we have not seen a strong selling force to exit the position at the resistance area. I think the market is very positive and investors are greedy: they buy BTC right at this price instead of waiting for a correction.
TBH, I didn't think that it reached a new ATH because I'm basing on both Coingecko and Coinmarketcap and both of them aren't showing new ATHs. I guess it isn't important because it's only a matter of time when it will surpass that price. I was surprised when some were saying that it created a new ATH where in fact, we saw Bitcoin's price going down to as low as $62,000. Well, it seems like it only lasted for minutes until it went down again. There's so much selling pressure on that price.
2. I will only consider that we are already at the start of the bull run "IF" Bitcoin surpasses its previous ATH of around $69,000, and stays above it for a long time. If that happens, I might stop buying Bitcoin and will focus on buying altcoins because they are lagging. I'm already holding enough Bitcoin, and I'm just waiting for my sell targets to be reached. Overall, this signals a new phase for Bitcoin. From the accumulation phase, to now the bull market phase. It's only a matter of time until we see it. :)
3. Nope because after all, Bitcoin is unpredictable. There will be times when Bitcoin will do something that we didn't even see in the history of it, and this might be one of them. Another one is Bitcoin reaching a 6-digit price for the first time in more than a decade of its existence. After all, worrying will just make me more stressed. Let's just enjoy what we are seeing, and take profits at a price you feel it's enough for you.
In other years we usually see dumping in the Bitcoin market at this time but this year we are seeing the Bitcoin market touching new records at this time which is definitely a bit of a surprise. It can be seen that the effect of halving starts much earlier, that is, when the halving is complete, the market starts to decrease long before it happens, but this year there is an exception. Maybe in other years the price of bitcoin will halve but this year the price of bitcoin will not halve but this year the value of bitcoin will only increase. Investors may have waited for such a long time to see such a change in the market and finally investors have come to such a state of the market.Comparing with what happened in the past, I don't think the impact of this Halving came any sooner. Instead, we have an extremely large and unprecedented event: the BTC spot ETF. After 2 months, 50B USD flowed into this product and supported the BTC price extremely well, causing the price of BTC to increase from 43K USD to 73K USD, changing what we know about BTC and helping BTC have a new history.
This really surprised me because in the past BTC has never created a new ATH before the Halving, meaning we have a new history for BTC.
~
The second phase is much more complicated, it may have started on Halving 3 on May 11, 2020 with some differences:
- The ATH existed as a double peak: in April and November 2021.
Are you worried that this event will disrupt the market's cyclical nature and future predictability?
I am expecting that BTC will be touching new ATHs gain and again as we are heading to the halving thing and even beyond towards the $150K mark where many experts are saying can happen within this year. Personally, watching how the BTC market has been behaving the past months, I am not surprised at its latest ATH which is already at $73K though it retreated to $72K just yesterday and is now back at $73K again.As you said, it could be true that the BTC spot ETF has made the BTC market more active and mature, thus forming new behaviors that have never happened in the past, and we are forced to get used to them when analyzing the market.
1. Are you surprised by this event?
I am not surprised at all since I am actually expecting that BTC will be making its historic run these days as more and more demand is coming in for BTC from many ETFs we already have as well as the retail investors are now making their moves to take advantage of the opportunity as the halving nears.
2.Do you think this signals a new stage for BTC history?
Yes, of course, the bull run 2024 can be considered as a very unique one all because of the approved ETFs which skyrocket the demand for more BTC and the subsequent or coming supply crisis which is now being felt in OTC outlets. I am looking forward for BTC to be making its many historic moves this 2024 and even in 2025 though I am not seeing that it will get into the 1 million US dollar zone...at least not yet.
3. Are you worried that this event will disrupt the market's cyclical nature and future predictability?
There is a big possibility that since BTC is making its own historic moves then there can be some disruptions in its many precedents but then again we should be expecting this as BTC is not your common asset that will always follow a fized route...it would have its many twists and turns along the way making predictions more of an art rather than a science.
Since bitcoin pump to new ATH on the first time at $69k, have been several times for bitcoin created new ATH before halving and its make many investor more excited with holding and accumulating their investment in bitcoin. Last day, bitcoin created new ATH when raising $73k and we are waiting any potential today will bitcoin create new ATH again or more drastically pump than last higher price.
I think with 30 days left before halving is the bull run moment for bitcoin keep increasing higher price and waiting created the new ATH, I believe before halving is the right time hold and sell few days left before halving to protect with correction price.
Personally, although when I used to make price analyses and predictions, I used to end with the phrase 'history need not repeat itself', I have been surprised by this end of the cycle. We will see if things stay as they are or if there is another ath before halving, let's say closer to $80,000, which would augur a very good post-halving price performance.History does not repeat in a fixed pattern, but events can be similar as long as the options are similar. Even now, the reasons that lead the price of Bitcoin to rise exist, and perhaps the acceptance of ETFs is what gave the price a push above $50,000, which was supposed to be a temporary peak before halving. The end of the current cycle will be a return to the $70,000 levels, but determining the ATH will be very difficult.
Two days ago until now Bitcoin was experiencing a correction. Yesterday I thought the price of bitcoin would continue to rise followed by altcoins until the bitcoin halving, but it turned out there was a correction. Bitcoin's new ATH was reached before the halving, but we are still waiting for the top ATH this season.
Personally, although when I used to make price analyses and predictions, I used to end with the phrase 'history need not repeat itself', I have been surprised by this end of the cycle. We will see if things stay as they are or if there is another ath before halving, let's say closer to $80,000, which would augur a very good post-halving price performance.History does not repeat in a fixed pattern, but events can be similar as long as the options are similar.
According to what I have read , the horrible effect is the 6 months, when everyone said that it was in 3 months according to what the Experts in technical and fundamental analysis Have calculated that the price will be a bomb, we must prepare for this event ,
We are not surprised that this happened, already some have been seeing it coming before now, same way we had it after we had the recent all time high, some have predicted that the market may fall a little more dip and we are having it happening already with the current situation on how the market is performing now, but we still expect more bull to come than we see in bear because we are still in the bull season and halving is close by.By next July we will see the halving of Bitcoin which will lead to massive demand for Bitcoin across the world. With this again the effect of ETF is directly strengthening the market. However, reviewing the history of Bitcoin, we can assume that after a long bullish period, there will be a slight correction. However, even with a correction, it will recover and Bitcoin will continue to run towards its target. In addition, we have moved closer to halving over time, so we will be able to see the positive aspects of Bitcoin at this time.
I want to know your views on Bitcoin reaching a new ATH before the Halving.1. This has surprised the whole market, including experts and professional investors, and I'm also surprised that ATH came so early.
- Are you surprised by this event?
- Do you think this signals a new stage for BTC history?
- Are you worried that this event will disrupt the market's cyclical nature and future predictability?
1. This has surprised the whole market, including experts and professional investors, and I'm also surprised that ATH came so early.I also hope that this new history will be better for BTC and that we are still in a long-term uptrend like the past 15 years, not a history of severe declines for the BTC price. The participation of BTC spot ETF really has a big impact and makes many investors start thinking about the super cycle, but I just hope that the cycle continues to exist so that we can apply the existing knowledge and profit from the fluctuations of BTC and Altcoins.
2. BTC has created new history for itself with this event, investors will need to get used to a new normal in BTC price behavior.
3. Obviously, when BTC reached ATH before halving, many prediction models failed, but I think the cycle will still repeat, it is still too early for us to expect BTC to have a super cycle right now.
We are not surprised that this happened, already some have been seeing it coming before now, same way we had it after we had the recent all time high, some have predicted that the market may fall a little more dip and we are having it happening already with the current situation on how the market is performing now, but we still expect more bull to come than we see in bear because we are still in the bull season and halving is close by.I think it is the first time to see a new ATH in pra halving (before halving). In the previous bullish season, the new ATH always happened in 1 year after the halving. I think it may the impact of ETF market. Well, the market has dropped. BTC price is already about $65k after the lowest price at $61k in the last few days. Yes, halving is very close, we will see it in the next month.
I agree that we have seen a very very strong resistance, its not going to be that easy at all, it won't be even compared to what we have seen so far. It is clear that Bitcoin recovered and that's the most important part, there is really nothing that could change this fact. So that means we are going to toss against the wall here and there, but then we are going to end up recovering. So we may see a few more times trying to hit the wall, and bounce back down, and hit again etc a few more times. Eventually its going to get a lot better, and we will manage to break over that 70k price eventually for sure.that happened and now what we are looking is if bitcoin will finally break 75k to take that 80k in which the main thing that bitcoin holder is waiting to release some chunks for profit taking.
that happened and now what we are looking is if bitcoin will finally break 75k to take that 80k in which the main thing that bitcoin holder is waiting to release some chunks for profit taking.
Let me count myself to act selling once 80k is broken and expect many will do the same .
that happened and now what we are looking is if bitcoin will finally break 75k to take that 80k in which the main thing that bitcoin holder is waiting to release some chunks for profit taking.
Let me count myself to act selling once 80k is broken and expect many will do the same .
Honestly, I don't think $80k is a meaningful level for BTC to sell immediately after reaching it. Personally, I expect BTC can go to at least $95-100k after the correction is over and the resistance around $73k is broken. The only problem is that the current correction may be prolonged.
BTC created new ATH before Halving: are you surprised?In fact, it was quite surprising at first that the price of BTC could actually increase quite significantly. And even, it could exceed ATH before the halving. This is cool and at the same time makes various assumptions about the condition of the market. Will it be like other cycles where Bitcoin is something that always becomes a guide for other cryptocurrencies to enter and increase.
It's not surprising at all if you check the speculation and Bitcoin discussion on many forums, the discussion focuses on a new all-time high and correction, and what's happening in the market show that halving has a huge impact on the emotions of investors.Unfortunately, the price of bitcoin has recently experienced a price correction and collapsed quite deeply, causing many other cryptocurrencies to be affected. Even though the halving is only 4 weeks from now, hopefully in just a few weeks there will be good news that can trigger an increase in the price of bitcoin before the halving happened and made many people profit.
If the price surprised many before the halving, there'll be more surprised after the halving so expect a lot and be ready if its going to go up further, or an unexpected drip.
Unfortunately, the price of bitcoin has recently experienced a price correction and collapsed quite deeply, causing many other cryptocurrencies to be affected. Even though the halving is only 4 weeks from now, hopefully in just a few weeks there will be good news that can trigger an increase in the price of bitcoin before the halving happened and made many people profit.
It's not surprising at all if you check the speculation and Bitcoin discussion on many forums, the discussion focuses on a new all-time high and correction, and what's happening in the market show that halving has a huge impact on the emotions of investors.Unfortunately, the price of bitcoin has recently experienced a price correction and collapsed quite deeply, causing many other cryptocurrencies to be affected. Even though the halving is only 4 weeks from now, hopefully in just a few weeks there will be good news that can trigger an increase in the price of bitcoin before the halving happened and made many people profit.
If the price surprised many before the halving, there'll be more surprised after the halving so expect a lot and be ready if its going to go up further, or an unexpected drip.
Yap...some people choose to buy more because they realize that halving events don't happen every year and that really makes many people believe in a bullish market that will occur in the near future. We could get something big by holding longer through this correction period, so it seems like believing in halving is the best way this time.
Usually when bitcoin halving, we will see a correction too. but even though bitcoin prices have plummeted in recent days, investors are still holding onto their bitcoins and waiting for the halving. We must always be optimistic about the market, because as people who have experienced several 4-year cycles, we always see this happen.
I want to know your views on Bitcoin reaching a new ATH before the Halving.Exactly, yes, I'm surprised with this situation, and also little bit worried about what happened the next.
Are you surprised by this event?
Do you think this signals a new stage for BTC history?If we refer to the previous cycle, this is quite strange this time. Because Bitcoin new ATH occurs in a faster time compared to the usual cycle. This even happened several months before the halving occurred. So, this might also print a new cycle going forward. You need to be alert to the various possibilities that exist. But for now, just enjoy it.
Are you worried that this event will disrupt the market's cyclical nature and future predictability?Actually, I am quite worried about this incident. Because it's far from the usual cycle. And as we can see currently the BTC price is falling since touching the last bearish ATH. And then, we can see that the BTC price correction can also be quite long compared to other types of corrections. Could this happen because there is overbought or something else since the new BTC ATH
-snip-Yups, instead of having to sell, it's better to rebuy gradually.
Selling it now is still not right, because we will enter the halving period in the next few months. There's no harm in being part of this halving moment which will most likely bring big profits to crypto holders.
-snip-Yups, instead of having to sell, it's better to rebuy gradually.
Selling it now is still not right, because we will enter the halving period in the next few months. There's no harm in being part of this halving moment which will most likely bring big profits to crypto holders.
Buying during corrections like the present is a good opportunity to accumulate bitcoin holdings, buying with the reserve money that has been prepared.
More gains will still await, Bitcoin is still at ATH $73k and this is still not enough, most people's target is still above $100k++ and that's a pretty realistic price.
You are right, the $100K target still seems realistic and will happen this year or early next year. If you see that the price of bitcoin has reached the new ATH, surpassing the old ATH even though bitcoin is halving, it is possible that the ATH at the bullish top will be more than $100KYes that's my main target right now, don't want to go too far, $100k is good enough to make a profit.
It's not surprising at all if you check the speculation and Bitcoin discussion on many forums, the discussion focuses on a new all-time high and correction, and what's happening in the market show that halving has a huge impact on the emotions of investors.
If the price surprised many before the halving, there'll be more surprised after the halving so expect a lot and be ready if its going to go up further, or an unexpected drip.
Yes that's my main target right now, don't want to go too far, $100k is good enough to make a profit.It's true, many people are waiting for bitcoin to reach the price of $100k, it looks like when that happens it will make a lot of media talk about bitcoin until finally bitcoin will be talked about a lot again. If after this halving it can't rise to a price of $100k then I hope next year it will still there is a bull run season which usually occurs one year after the halving.
Maybe selling around 60%-80% is better and the rest is holding for a rise that will probably be higher.
This was an investment decision that I had already made from the beginning and was not influenced by anyone.
I want to know your views on Bitcoin reaching a new ATH before the Halving.
Are you surprised by this event?
Do you think this signals a new stage for BTC history?
The current development is definitely going to disrupt the markets predictablity In the future, but I am not worried at all, what can worrying actually do?, can it change anything? Of course not, so, I think it's better we learn flow along with the current trend.
Are you worried that this event will disrupt the market's cyclical nature and future predictability?
It's true, many people are waiting for bitcoin to reach the price of $100k, it looks like when that happens it will make a lot of media talk about bitcoin until finally bitcoin will be talked about a lot again. If after this halving it can't rise to a price of $100k then I hope next year it will still there is a bull run season which usually occurs one year after the halving.The trend this time looks different, now ATH occurs before the halving occurs, whereas the previous halving ATH was printed after the halving.
BTC created new ATH before Halving: are you surprised?I was more than surprised that we are seeing a new ATH before halving, which we haven't seen before in the history of bitcoin and its halving season.
Yes, that's right, if the price of bitcoin collapses when the halving has finished then that is a fairly natural price movement because there are miners and whales who are trying to sell assets and withdraw profits, and what's worse is that there is a possibility that the price of bitcoin will fall to the price bottoms again so the bearish season comes early.It's not surprising at all if you check the speculation and Bitcoin discussion on many forums, the discussion focuses on a new all-time high and correction, and what's happening in the market show that halving has a huge impact on the emotions of investors.Unfortunately, the price of bitcoin has recently experienced a price correction and collapsed quite deeply, causing many other cryptocurrencies to be affected. Even though the halving is only 4 weeks from now, hopefully in just a few weeks there will be good news that can trigger an increase in the price of bitcoin before the halving happened and made many people profit.
If the price surprised many before the halving, there'll be more surprised after the halving so expect a lot and be ready if its going to go up further, or an unexpected drip.
Usually when bitcoin halving, we will see a correction too. but even though bitcoin prices have plummeted in recent days, investors are still holding onto their bitcoins and waiting for the halving. We must always be optimistic about the market, because as people who have experienced several 4-year cycles, we always see this happen.
Yes, that's right, if the price of bitcoin collapses when the halving has finished then that is a fairly natural price movement because there are miners and whales who are trying to sell assets and withdraw profits, and what's worse is that there is a possibility that the price of bitcoin will fall to the price bottoms again so the bearish season comes early.
it is possible that this will happen during the bitcoin halving. There will be many miners who sell their bitcoins until the market turns red, because the prediction is that the price of bitcoin will fall. Hang in there, because the price of bitcoin will rise again.Of course that will happen because it seems impossible for miners to just keep quiet and always mine bitcoins, of course they also need money to pay for some of the needs and maintenance they have to do to keep their mining machines running well.
Yes of course, each one of us would really be having that needing of money and if those miners are on such tough situation then they could anytime pull off those coins and sell it out and convert it to fiat. We cant really expect that they wont really be selling their coins until the very end on which we know that we do have our day to day spending on which there are moments which we do really need to cash it out. So expect the unexpected as always on which there's no way that we could be able to tell on what they would do.it is possible that this will happen during the bitcoin halving. There will be many miners who sell their bitcoins until the market turns red, because the prediction is that the price of bitcoin will fall. Hang in there, because the price of bitcoin will rise again.Of course that will happen because it seems impossible for miners to just keep quiet and always mine bitcoins, of course they also need money to pay for some of the needs and maintenance they have to do to keep their mining machines running well.
I was more than surprised that we are seeing a new ATH before halving, which we haven't seen before in the history of bitcoin and its halving season.I think the crypto community was not well prepared for this event, perhaps we do not fully understand the values and impacts of spot BTC ETFs on BTC price.
Who would have thought of this "bitcoin giving a new ATH before halving"? I was expecting bitcoin to give a new ATH before halving but for it to happen in this way says a lot that this year's bull run and its halving season will be something else that will make the world blown away by bitcoin price.
Since the correction always happens during the halving, it is most likely that the same will repeat itself in this year's halving before the bull run starts.It's not surprising at all if you check the speculation and Bitcoin discussion on many forums, the discussion focuses on a new all-time high and correction, and what's happening in the market show that halving has a huge impact on the emotions of investors.Unfortunately, the price of bitcoin has recently experienced a price correction and collapsed quite deeply, causing many other cryptocurrencies to be affected. Even though the halving is only 4 weeks from now, hopefully in just a few weeks there will be good news that can trigger an increase in the price of bitcoin before the halving happened and made many people profit.
If the price surprised many before the halving, there'll be more surprised after the halving so expect a lot and be ready if its going to go up further, or an unexpected drip.
Usually when bitcoin halving, we will see a correction too. but even though bitcoin prices have plummeted in recent days, investors are still holding onto their bitcoins and waiting for the halving. We must always be optimistic about the market, because as people who have experienced several 4-year cycles, we always see this happen.
Since the correction always happens during the halving, it is most likely that the same will repeat itself in this year's halving before the bull run starts.It is clear that interest in Bitcoin has shown a decline. If it continues like this it will make it difficult for Bitcoin prices to increase in price. As long as you still have an income that can make money every month, you can collect as many bitcoins as you can.
I don't know whether I will call what is happening in the crypto market presently as the correction movement took place because I saw bitcoin reduced from $71k yesterday to $64k as of today. Anyway, whatever the move is, will be in our favor to accumulate additional bitcoin than to sell.
It is clear that interest in Bitcoin has shown a decline. If it continues like this it will make it difficult for Bitcoin prices to increase in price. As long as you still have an income that can make money every month, you can collect as many bitcoins as you can.I don't know the exact reason for the BTC price drop, but interest in BTC is still very high, especially as the halving is coming up next week. This adjustment is absolutely necessary to prevent the BTC bubble from bursting too early, for example this year, and we will have a longer uptrend with more impressive token growth. Anyway, the fact that BTC created a new ATH before the halving is a great success for BTC in 2024, I once thought that the ATH would come in Q4 2024.
That's right, Bitcoin is currently collapsing and preparing to enter a bearish season, which will be widely used by whales and investors to buy bitcoin at cheap prices. Keep waiting until the price of bitcoin reaches $20k again and we can buy as much bitcoin as you want.Since the correction always happens during the halving, it is most likely that the same will repeat itself in this year's halving before the bull run starts.It is clear that interest in Bitcoin has shown a decline. If it continues like this it will make it difficult for Bitcoin prices to increase in price. As long as you still have an income that can make money every month, you can collect as many bitcoins as you can.
I don't know whether I will call what is happening in the crypto market presently as the correction movement took place because I saw bitcoin reduced from $71k yesterday to $64k as of today. Anyway, whatever the move is, will be in our favor to accumulate additional bitcoin than to sell.
the price of bitcoin goes up again, you wait for the price of bitcoin to fall to $20K, when do you think that will happen? because it seems that bitcoin will get stronger until next year. Shouldn't you use your money to buy altcoins when a correction occurs? because in my opinion bitcoin dropping to $20K is very unlikely to happen this year
That's right, Bitcoin is currently collapsing and preparing to enter a bearish season, which will be widely used by whales and investors to buy bitcoin at cheap prices. Keep waiting until the price of bitcoin reaches $20k again and we can buy as much bitcoin as you want.
the price of bitcoin goes up again, you wait for the price of bitcoin to fall to $20K, when do you think that will happen? because it seems that bitcoin will get stronger until next year. Shouldn't you use your money to buy altcoins when a correction occurs? because in my opinion bitcoin dropping to $20K is very unlikely to happen this yearWhen bearishness may happen soon, cryptocurrency price movements are all possible, so we just need to wait until that price is reached. Imagine when the price of Bitcoin ever returns to the price of $15k again then that is what makes me believe that Bitcoin can reach the price of $20k again someday.
I think we can't see bitcoin fall to the price of $20k at this time the halving has started. The least we can see bitcoin decline to before it skyrockets back will be $55k(not sure about that). However, don't wait for such a price($20k) before you buy as much bitcoin as you want. Buy now if you can because waiting for a price of $20k means you want to buy bitcoin at the upcoming bearish market that will happen in 2-3 years from nowThat's right, Bitcoin is currently collapsing and preparing to enter a bearish season, which will be widely used by whales and investors to buy bitcoin at cheap prices. Keep waiting until the price of bitcoin reaches $20k again and we can buy as much bitcoin as you want.Since the correction always happens during the halving, it is most likely that the same will repeat itself in this year's halving before the bull run starts.It is clear that interest in Bitcoin has shown a decline. If it continues like this it will make it difficult for Bitcoin prices to increase in price. As long as you still have an income that can make money every month, you can collect as many bitcoins as you can.
I don't know whether I will call what is happening in the crypto market presently as the correction movement took place because I saw bitcoin reduced from $71k yesterday to $64k as of today. Anyway, whatever the move is, will be in our favor to accumulate additional bitcoin than to sell.
When bearishness may happen soon, cryptocurrency price movements are all possible, so we just need to wait until that price is reached. Imagine when the price of Bitcoin ever returns to the price of $15k again then that is what makes me believe that Bitcoin can reach the price of $20k again someday.Just need to mentally prepare and reserve funds respectively when the Bitcoin bears can reach $15k again.
I think we can't see bitcoin fall to the price of $20k at this time the halving has started. The least we can see bitcoin decline to before it skyrockets back will be $55k(not sure about that). However, don't wait for such a price($20k) before you buy as much bitcoin as you want. Buy now if you can because waiting for a price of $20k means you want to buy bitcoin at the upcoming bearish market that will happen in 2-3 years from nowCurrently the price of bitcoin and several other cryptocurrencies have started to decline in price, and it seems like they are starting to enter a bearish season, we have to get ready to buy as many coins as possible and prepare as much USD as you can to buy coins at cheap prices.
You might wanna know that interest in bitcoin isn't static but fluctuates overtime, hence may not really dictate the price movement of bitcoin.Since the correction always happens during the halving, it is most likely that the same will repeat itself in this year's halving before the bull run starts.It is clear that interest in Bitcoin has shown a decline. If it continues like this it will make it difficult for Bitcoin prices to increase in price. As long as you still have an income that can make money every month, you can collect as many bitcoins as you can.
I don't know whether I will call what is happening in the crypto market presently as the correction movement took place because I saw bitcoin reduced from $71k yesterday to $64k as of today. Anyway, whatever the move is, will be in our favor to accumulate additional bitcoin than to sell.