Why is Bitcoin price dumping before Bitcoin halving?

[tjtonmoy]

Drama before halving. This is not a new thing as every whale will be seeking opportunities to buy at a low price to fill their bags. So they will intentionally make the market move in the opposite direction in many ways. Some will work, and some won't. So we need to understand that and stick to the initial plan of HODLing until we reach our goal.

Price pumping and dumping are not a new thing either. But in order to survive this and not fall victim to our emotion, we need to learn how to read each situation.

[Gurujebs]

Drama before halving. This is not a new thing as every whale will be seeking opportunities to buy at a low price to fill their bags. So they will intentionally make the market move in the opposite direction in many ways. Some will work, and some won't. So we need to understand that and stick to the initial plan of HODLing until we reach our goal.

The way predict the market isn't necessary in my opinion and I don't really think that time line of halving are always the same. Prior to these dumping of Bitcoin from $48k to $38k before the market finally settle above $40k, it was because of the ETF drama and it was intentional not to pump bitcoin but since the news has wear off, the market has stabilized and it's looking for further growth before the halving and it's likely going to happen.

Price pumping and dumping are not a new thing either. But in order to survive this and not fall victim to our emotion, we need to learn how to read each situation.

Most of the time that you see people give opinion about bitcoin, it's because they haven't experienced bullrun, if they really they have the experience, they will just hold bitcoin and forget about all these speculations because they will rather give their selves too much headache and FUD but in the end, Bitcoin will do what it is going to do.

[Carbitcoin]

Drama before halving. This is not a new thing as every whale will be seeking opportunities to buy at a low price to fill their bags. So they will intentionally make the market move in the opposite direction in many ways. Some will work, and some won't. So we need to understand that and stick to the initial plan of HODLing until we reach our goal.

Price pumping and dumping are not a new thing either. But in order to survive this and not fall victim to our emotion, we need to learn how to read each situation.

I believe that our attitude and perception of halving should be broader. Bitcoin halving is not only about reducing block rewards or increasing the value of the cryptocurrency in the future. It's about maintaining scarcity, controlling inflation, and navigating the complex

[Faisal2202]

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.

Thanks for confirming this analysis for me, as I have also analyzed a similar chart as I also wanted to know the movement of BTC before every halving and I also saw a similar dump before every halving. Every single time there was a dump not so big but big enough that you could buy more satohsies will less money. Even though the chart is telling us to fill bags, many normies are still waiting for BTC to reach the $35k or $30k price tag again.

I know BTC might drop to such price tags but even if it falls, it won't be permanent, because BTC has created a great hype now and is being traded in billions of dollars in the ETF section. Besides that halving is near and I don't think that before halving BTC will dump more now, I think this is it and we should really fill some bags if we still didn't started to fill yet. DCA is the best strategy.

[taufik123]

I believe that our attitude and perception of halving should be broader. Bitcoin halving is not only about reducing block rewards or increasing the value of the cryptocurrency in the future. It's about maintaining scarcity, controlling inflation, and navigating the complex

And our minds also have to think more broadly because Halving is also not just about the rise of the crypto market, but there will be some corrections that need to be made to maintain price stability to remain good.

People are impatient with the ATH that the halving will cause, but it depends on how the market trends and how the whales manipulate the market.
We will definitely reach ATH, but it is not yet a certainty when that will happen.
Halving is only an early sign that we are getting closer.

[dekafee79]

And our minds also have to think more broadly because Halving is also not just about the rise of the crypto market, but there will be some corrections that need to be made to maintain price stability to remain good.

People are impatient with the ATH that the halving will cause, but it depends on how the market trends and how the whales manipulate the market.
We will definitely reach ATH, but it is not yet a certainty when that will happen.
Halving is only an early sign that we are getting closer.

We will see several corrections when halving, and a you said whales will manipulate the price. Bitcoin will touch new ATH, but we didn't know ,  when will happen
Keep calm and always hold our bitcoin. Hopefully bitcoin price will touch more $ 100K next year, but if ATH happens at the end of this year, It's also good.

[Captain Corporate]

It happens each time, no idea exactly "why" it happens, but it happens each time, check 2020 as well, you will see that the year starts at around 7k or so goes to 10k and bottoms to 4k or so and then rises to 20k+ by the end of the year. I believe that we are going to be 60k+ by the end of 2024 and that's the only thing that matters to me. I get that it may feel like its not really all that crazy, but I also believe that its going to be something that will matter in the end. I get that its not going to be all that easy and so forth, but its not really a bad thing neither, its going to be something we could care about, so going high means good enough.

[Perfect540]

And our minds also have to think more broadly because Halving is also not just about the rise of the crypto market, but there will be some corrections that need to be made to maintain price stability to remain good.

People are impatient with the ATH that the halving will cause, but it depends on how the market trends and how the whales manipulate the market.
We will definitely reach ATH, but it is not yet a certainty when that will happen.
Halving is only an early sign that we are getting closer.

We will see several corrections when halving, and a you said whales will manipulate the price. Bitcoin will touch new ATH, but we didn't know ,  when will happen
Keep calm and always hold our bitcoin. Hopefully bitcoin price will touch more $ 100K next year, but if ATH happens at the end of this year, It's also good.

It is not unusual for the Bitcoin market to fall before the Bitcoin halving, but the Bitcoin market correction creates ample opportunities to invest.  However, there is a chance for the Bitcoin market to cross $100k in 2025, the year after the Halving, and those who invest now in this correction will definitely stand a chance of three to four times their gains.  However, there is a possibility of more dumping before the market halving.

[Altcoin1998$]

Drama before halving. This is not a new thing as every whale will be seeking opportunities to buy at a low price to fill their bags. So they will intentionally make the market move in the opposite direction in many ways. Some will work, and some won't. So we need to understand that and stick to the initial plan of HODLing until we reach our goal.

Price pumping and dumping are not a new thing either. But in order to survive this and not fall victim to our emotion, we need to learn how to read each situation.

Actually your assumption is correct because Whales are behind every correction as they invest them in market correction before bitcoin halving and they keep holding for later pumping. For example, a few days ago Gray-scale Bitcoin sold Bitcoin from their holdings and brought the market into a massive correction and it seems they reinvested after selling Bitcoin. It is their kind of arranged plan that they themselves do the market correction and re-invest in that market after the market correction.

[therozaq]

Actually your assumption is correct because Whales are behind every correction as they invest them in market correction before bitcoin halving and they keep holding for later pumping. For example, a few days ago Gray-scale Bitcoin sold Bitcoin from their holdings and brought the market into a massive correction and it seems they reinvested after selling Bitcoin. It is their kind of arranged plan that they themselves do the market correction and re-invest in that market after the market correction.

Agreed , whales always behind the correction of crypto market. Whales can  control the price but it's temporary. Because bitcoin  has the biggest community, whales can drop the price but not forever. Bitcoin price will increase again. We should take advantage of this correction, buy and hold again.

[bayu7adi]

Actually your assumption is correct because Whales are behind every correction as they invest them in market correction before bitcoin halving and they keep holding for later pumping. For example, a few days ago Gray-scale Bitcoin sold Bitcoin from their holdings and brought the market into a massive correction and it seems they reinvested after selling Bitcoin. It is their kind of arranged plan that they themselves do the market correction and re-invest in that market after the market correction.

It's easier to call it 'market manipulation'. As long as there's no clear confirmation about phenomena like this dump, what you're saying might actually be what's happening. Whales have the opportunity and power to do that, so the possibility that this is caused by whales' activities to control prices by creating small FUDs is very likely.

As small fish, we can't do much about market direction manipulation. And as much as possible, we have to follow the game created by those whales.

[bitterguy28]

By looking at this chart you will surely understand.


photo link
/index.php?topic=316081.msg1479040#msg1479040

Not sure what is the total reason but I believe this is because investors know that when the time comes like Halving is not  the best interest to leave your coin instead wait for the perfect time to re invest.

We have seen this how many times before and indeed that we are in the right position to sell for a while and then Buy back again.

Many of us have seen and gain from that before and up to now there are money flowing after the effect.

[Aanuoluwatofunmi]

We are to experience this by all means, before halving, there must be dump and after the halving there will be pump, so in other to experience it more better, you have to expect seing the market getting more dumps before the chances for it to rise set in, we also experience the release of more bitcoin after the halving as half of the rewards of bitcoin mined are being received and released to the market to add up to the market.

[tjtonmoy]

Most of the time that you see people give opinion about bitcoin, it's because they haven't experienced bullrun, if they really they have the experience, they will just hold bitcoin and forget about all these speculations because they will rather give their selves too much headache and FUD but in the end, Bitcoin will do what it is going to do.

Not gonna lie, this is right on point. People tend to give out opinions on their own without experiencing them. If they had in the past, they would know. Price pump is a thing which will follow through after halving and it will happen for many obvious reasons. But how much it will push ho long it will take are irrelevant. Just keep one thing in mind that it will happen and keep on hodling.

The moment you experience something on your own, you get an idea that can't be achieved from thousand of reading knowledge.

[DaNNy001]

Drama before halving. This is not a new thing as every whale will be seeking opportunities to buy at a low price to fill their bags. So they will intentionally make the market move in the opposite direction in many ways. Some will work, and some won't. So we need to understand that and stick to the initial plan of HODLing until we reach our goal.

Price pumping and dumping are not a new thing either. But in order to survive this and not fall victim to our emotion, we need to learn how to read each situation.

Price correction and market manipulation by whales shouldn't be a problem to our bitcoin investment especially if your main purpose is to hold for a long period of time. It's certain that the price of Bitcoin is moving in an upwards direction If you zoom out from 2009. So all the manipulation from whales and dips we see, are just temporary movement that wouldn't amount to anything. This fact can be backed up by the current incident we experienced when grayscale sold a thousand worth of Bitcoin, and the price dumped to $39k for a while, currently the Bitcoin has regained it price back to $44k.