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BTC created new ATH before Halving: are you surprised?

I'm really surprised because this has never happened in history
I'm not surprised, the market always has many surprises in store
I don't care, HODL BTC!

Author Topic: BTC created new ATH before Halving: are you surprised?  (Read 4586 times)

Online Dr.Bitcoin_Strange

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Re: BTC created new ATH before Halving: are you surprised?
« Reply #75 on: April 25, 2024, 11:30:14 PM »
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.

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.
You might wanna know that interest in bitcoin isn't static but fluctuates overtime, hence may not really dictate the price movement of bitcoin.
Inasmuch as individual interests in bitcoin may actually be declining, we should also note that cooperate and institutional investors are still exploring bitcoin increasingly.

We should also try to put into consideration the uncertainty in the global economy. Factors such as currency fluctuations and economic instability may actually make more people to regain interest increasingly in bitcoin because in such a time, bitcoin could be considered to be a safe haven regardless of the current price trend.

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Re: BTC created new ATH before Halving: are you surprised?
« Reply #75 on: April 25, 2024, 11:30:14 PM »

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