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(https://i.ibb.co/10MKbrh/imgonline-com-ua-Resize-kt4w-NJUTDTNy8-B6.jpg)
CoinGecko analysts analyzed each of the cycles, determining the average growth after the event - 3230%.
This figure was largely influenced by the first halving, when the exchange rate increased by 8858% - from 12$ to 1075$ over the next 12 months. The inflation of the first cryptocurrency dropped from 25.75% to 12%.
After the second halving, the exchange rate went from 650$ to 2560$ (294%) during the same period. Inflation: 8.7% → 4.1%.
The third halving resulted in a 540% increase in the quote from 8727$ to 55,847$. Inflation: 3.7% → 1.8%.
CoinGecko noted that although bitcoin is "better positioned than ever" thanks to ETFs, the halving is only a baseline.
Even projected inflation, which could make demand even higher after the fourth event, does not guarantee immunity from a number of factors: selling pressure, perception, global market liquidity, regulation, macroeconomic trends and market events.
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After halving, bitcoin performance not promising yet keep going down every time and currently keep stable around $61k, its not significant increasing actually one month before halving moment after bitcoin success break out to the higher price and reach new ATH. I think the moment for bitcoin up and make another ATH seems bit difficult and need longer time take break for raising up to $73k or raise new ATH price.
Keep be patience for short term trading how market current condition and need to find potential altcoin faster movement because bitcoin seems stable and difficult increasing drastically.
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I think the pump from the first halving should be treated as an outlier when talking about average increase. We'll have a more realistic expectation if that's remove from the computation.
In any case, the percentage increase in this 2024 halving could be the same as the third or a bit higher. BTC at six digits by late 2024 or early 2025 is still not out of the picture.
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I think the pump from the first halving should be treated as an outlier when talking about average increase. We'll have a more realistic expectation if that's remove from the computation.
In any case, the percentage increase in this 2024 halving could be the same as the third or a bit higher. BTC at six digits by late 2024 or early 2025 is still not out of the picture.
I think everything is normal and reasonable, including the entire BTC price fluctuation in each cycle. BTC's price performance is hindered by price, marketcap, and ALTS participation. This means that the increase of BTC price will slow down over time, until there is a major change in the price regime: from convergence to stability to a larger bubble.
I am very optimistic about the impact of BTC Spot ETF but I do not think it can change the current regime of BTC: meaning that the price performance of BTC in this cycle will be smaller than in the previous cycle, meaning that using the connecting line of the 2 peaks of the 2 previous cycles cannot help suggest the peak of the next cycle.
(https://www.tradingview.com/x/wJTf6L3D/)
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We still need several months again to see the significant pump of Bitcoin, I think so.
Yes, apart from calculations and chart analysis from the Bitcoin market, like the usual cycle in past seasons, it will take several months for Bitcoin to adapt again after the halving and then it will start to rise again to break through the next ATH. The difference is in what month it is likely to happen. Because BTC itself has been able to pass last season's ATH, so what we continue to focus on is the next ATH from the ATH that occurred before the halving. This is still quite difficult to predict because ATH usually appears after the halving, but this is even before the halving. Maybe that will have an influence on market analysis too?
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I am looking forward to see which of these projected outcomes will really materialize for Bitcoin in the coming months of 2024 and 2025. Past performances can be a good way to see the future but there is always no guarantee that things will be the same or the intensity can be replicated. Who knows...Bitcoin can be charting a new direction never been seen in the past as far as the potential of growth coming from the halving event. This time around we have the ETFs which can surely make demand surge or dampen the market depending on the market mood. Let's see what other related developments will take place that can directly and indirectly affect the price of Bitcoin.
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Comparing the cash flows from the ETF versus the new Bitcoin being mined tells us that the ETF event affects the market more than the halving, so a month or two is not enough to judge what will happen. It is better to wait until the end of the year and then compare the impact against previous years.
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Comparing the cash flows from the ETF versus the new Bitcoin being mined tells us that the ETF event affects the market more than the halving, so a month or two is not enough to judge what will happen. It is better to wait until the end of the year and then compare the impact against previous years.
Of course ETFs have a very good impact, but this is all also the effect of price manipulation carried out by whales. They take advantage of good news like this to increase the price of Bitcoin. If there is no good news like this then they don't dare to pump the price of Bitcoin.
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I am looking forward to see which of these projected outcomes will really materialize for Bitcoin in the coming months of 2024 and 2025. Past performances can be a good way to see the future but there is always no guarantee that things will be the same or the intensity can be replicated. Who knows...Bitcoin can be charting a new direction never been seen in the past as far as the potential of growth coming from the halving event. This time around we have the ETFs which can surely make demand surge or dampen the market depending on the market mood. Let's see what other related developments will take place that can directly and indirectly affect the price of Bitcoin.
Yeah, it is very difficult to predict the future accurately, especially since BTC has created its own new history thanks to the positive impact of BTC Spot ETFs. However, I believe that Spot ETFs do not change the fundamental characteristics of the market: bullrun - bearsleep - accumulation - recovery, and currently we are only in the early stages of the bullrun. This means that we can be optimistic and focus on the price increase in the end of this year and early next year, while not forgetting to monitor the market and use our own analysis methods to identify market reversals to make timely decisions to protect the profits that we have worked hard to achieve.
Regarding the price performance of BTC in this cycle: I still think that it will not be able to surpass the previous cycle. I think the predictions that BTC will reach $500K-1M in this cycle seem unrealistic, but I will not hesitate to close my BTC profits at that price zone ^^
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Of course ETFs have a very good impact, but this is all also the effect of price manipulation carried out by whales. They take advantage of good news like this to increase the price of Bitcoin. If there is no good news like this then they don't dare to pump the price of Bitcoin.
ETFs showed good effects on the price of Bitcoin as well as on other coins but the whales who make buying and selling on a large scale surely want to take benefit from the current market so they are regularly applying their role in market alterations.
The market fluctuations are not always because of bad news but sometimes whales don't allow the situations to remain favorable always so I think it will be better to think positively and wait until the price goes higher to make you financially stable with your investment.
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That's what a market does, it's full of surprises, we face selling pressure, then buying pressure as well, people do the perception some do in a bearish manner but some do it in a bullish manner as well. Overall, Halving has been proven as a big factor for the growth of BTC. I never compared the inflation rate with halvings before, thanks for sharing such data, but I wonder what use it could be of. As you did not mention.
The market will face a lot of pressure and will change its behavior with time too, and it will become highly volatile, considering the time of your post, I can say the market was not so good at that time, but as of writing this reply market already exceeded $65k. Which is a good thing because many traders predicted that if it will cross the $65k then it will move toward $73k target again. I think market was just taking a correction what you think?
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I see no surprise here.
You can see in the chart in the OP that the price always goes down a little bit after the halving. It skyrocket a few months later.
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I see no surprise here.
You can see in the chart in the OP that the price always goes down a little bit after the halving. It skyrocket a few months later.
Yeah, give it like 6 months for the price to go up, or at least at the end of this year, it's a good measuring stick. And personally, I think the pattern will still continue, that every halving we will see new all time high.
So it's just a matter of time and what will be the top price for this year.
And as we all know, conservative estimates is $100k so that will be the likely target or at least double what is the previous all time high which is $69k.
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As of this post, I can see on the daily and 7 day timeframe that Bitcoin price is bullish so yeah something is good coming I think but yeah still depends on future events. No one can really accurately guess the exact price of Bitcoin especially after havling event.
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As of this post, I can see on the daily and 7 day timeframe that Bitcoin price is bullish so yeah something is good coming I think but yeah still depends on future events. No one can really accurately guess the exact price of Bitcoin especially after havling event.
That's right, Bitcoin market conditions have improved very drastically. There are already several altcoins that have followed the Bticoin price increase. This is a breath of fresh air for those who were stuck at Bitcoin's ATH price when at $73k it was about to be picked up again.
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This number will decrease a lot over the next 20 years, and I believe that at some point we will achieve a 30% increase in just 4 years, and after about 40 years the price may be stable and the rate of price change in Bitcoin is 10% over 4 years.
Therefore, the idea that you buy 1 Bitcoin and think that it will reach several million dollars or will increase, even by a percentage close to previous increases, is illogical.
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actually it is more interesting to remember what is the performance of bitcoin price before the Halving because after that moment ? the price of bitcoin shows craziness and make it pump and dump for some time now.
I hardly see any positive views in the past week but this week seems to be a best movement of bitcoin so far after that halving .
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Not interested yet with bitcoin price after halving, price drop and difficult return back to higher price and less speculation about investor want to buy or hold their bitcoin. Actually before halving many new investor interested to buy bitcoin and make bitcoin price recently up but after less hype moment make bitcoin not easy reach to higher price again.
Need moment with new investor make bitcoin keep popular and interested how to break out bitcoin raise to higher price, its sadly two months after halving bitcoin have lower price than the last ATH raise before halving.
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actually it is more interesting to remember what is the performance of bitcoin price before the Halving because after that moment ? the price of bitcoin shows craziness and make it pump and dump for some time now.
I hardly see any positive views in the past week but this week seems to be a best movement of bitcoin so far after that halving .
I know that judging from Bitcoin's performance before and after the halving, a lot of people would end up and arrive to the conclusion that the just concluded bitcoin spot ETF had a lot more positive effect on bitcoin than the long awaited bitcoin halving, because after the acceptance of the bitcoin spot ETF, just as speculated by investors, bitcoin did so well and even established a new ATH and people were expecting a more positive performance after the halving but since after the halving till now, bitcoin has been rather sluggish and many investors have been quite disappointed as many have already sold at lower prices.
The reason for this is simply because the market is in some sort of a recuperation period or what we know to be a correction, bitcoin uses this period to prepare the market for another Bull run, once the correction in the market is conclude, we will be expecting another ATH, and this could be just a matter of weeks or months butbwe are sure that it'll happen real soon.
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Not interested yet with bitcoin price after halving, price drop and difficult return back to higher price and less speculation about investor want to buy or hold their bitcoin. Actually before halving many new investor interested to buy bitcoin and make bitcoin price recently up but after less hype moment make bitcoin not easy reach to higher price again.
Need moment with new investor make bitcoin keep popular and interested how to break out bitcoin raise to higher price, its sadly two months after halving bitcoin have lower price than the last ATH raise before halving.
Many consider the decline in bitcoin prices after the halving to be a correction, but it seems that it has been a correction for too long. There seems to be a decrease in investors' desire to buy bitcoin which makes the price of bitcoin appear to be struggling. The bitcoin ETF made the price of bitcoin soar, will there be new news that can make the price of bitcoin rise again? We'll see later
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Not interested yet with bitcoin price after halving, price drop and difficult return back to higher price and less speculation about investor want to buy or hold their bitcoin. Actually before halving many new investor interested to buy bitcoin and make bitcoin price recently up but after less hype moment make bitcoin not easy reach to higher price again.
Need moment with new investor make bitcoin keep popular and interested how to break out bitcoin raise to higher price, its sadly two months after halving bitcoin have lower price than the last ATH raise before halving.
Many consider the decline in bitcoin prices after the halving to be a correction, but it seems that it has been a correction for too long. There seems to be a decrease in investors' desire to buy bitcoin which makes the price of bitcoin appear to be struggling. The bitcoin ETF made the price of bitcoin soar, will there be new news that can make the price of bitcoin rise again? We'll see later
The decline in Bitcoin prices that occurred is like a price correction because we can see that Bitcoin prices on exchanges seem to be slowly recovering. Even though it doesn't have fast price movements, there are at least some steps to go back up again.
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Not interested yet with bitcoin price after halving, price drop and difficult return back to higher price and less speculation about investor want to buy or hold their bitcoin. Actually before halving many new investor interested to buy bitcoin and make bitcoin price recently up but after less hype moment make bitcoin not easy reach to higher price again.
Need moment with new investor make bitcoin keep popular and interested how to break out bitcoin raise to higher price, its sadly two months after halving bitcoin have lower price than the last ATH raise before halving.
Many consider the decline in bitcoin prices after the halving to be a correction, but it seems that it has been a correction for too long. There seems to be a decrease in investors' desire to buy bitcoin which makes the price of bitcoin appear to be struggling. The bitcoin ETF made the price of bitcoin soar, will there be new news that can make the price of bitcoin rise again? We'll see later
The decline in Bitcoin prices that occurred is like a price correction because we can see that Bitcoin prices on exchanges seem to be slowly recovering. Even though it doesn't have fast price movements, there are at least some steps to go back up again.
yes, bitcoin seems to have started to improve and the price has risen again to $67K, and we also see the price of altcoin prices also starting to rise. Hopefully next week the price of bitcoin will be above $70K, because we are all here waiting for bullishness. I still hold a lot of coins and will sell them immediately when they reach the target
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Of course ETFs have a very good impact, but this is all also the effect of price manipulation carried out by whales. They take advantage of good news like this to increase the price of Bitcoin. If there is no good news like this then they don't dare to pump the price of Bitcoin.
The current market movement depends on the ETF movement. I have already said this in a couple of threads. Big ETF companies and their shareholders already hold a large amount of Bitcoin, which turns it into a centralized market. Bitcoin cannot be centralized due to its nature. But the market is getting more centralized every day.
It is becoming obvious that the ETF will have a big impact on the market in the future. So, when other markets like stocks go down, you should expect Bitcoin to also go down because of the ETF market.
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yes, bitcoin seems to have started to improve and the price has risen again to $67K, and we also see the price of altcoin prices also starting to rise. Hopefully next week the price of bitcoin will be above $70K, because we are all here waiting for bullishness. I still hold a lot of coins and will sell them immediately when they reach the target
It's quite a relief that finally, in mid-May, Bitcoin prices started to give quite good uptrend signals. Since the last 7 days, Bitcoin's increase has reached more than +8%, this is quite good. And for now, the Bitcoin rate is at $66.2k, more or less. However, indeed, in the last 24 hours, the price of Bitcoin experienced a slight decrease compared to yesterday. Will there be another price decline or correction next week? Considering it's almost Monday, the market will usually start to change, right?
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yes, bitcoin seems to have started to improve and the price has risen again to $67K, and we also see the price of altcoin prices also starting to rise. Hopefully next week the price of bitcoin will be above $70K, because we are all here waiting for bullishness. I still hold a lot of coins and will sell them immediately when they reach the target
It's quite a relief that finally, in mid-May, Bitcoin prices started to give quite good uptrend signals. Since the last 7 days, Bitcoin's increase has reached more than +8%, this is quite good. And for now, the Bitcoin rate is at $66.2k, more or less. However, indeed, in the last 24 hours, the price of Bitcoin experienced a slight decrease compared to yesterday. Will there be another price decline or correction next week? Considering it's almost Monday, the market will usually start to change, right?
Yes but to penetrate the price nod 67k dollar is the problem it is facing and once it has crossed the resistance of 67k dollar then to hit $70k will not hard or difficult for it again. Bitcoin stand in the range of 60+k for sometimes now after the halving and now it is improving to climb again. And this is a good move to rise again. Before the year will end or early next year bitcoin will hit 100k dollar. And that is my prediction and others.
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8858% then 294% and then 540%. I don't know, but I'm thinking there's a pattern in it. Higher, then lower, and then higher, and then lower. I don't know maybe I'm just dizzy that's why I saw the pattern, but tl;dr is that my prediction is the price of Bitcoin will go as high as 2x its current price. Something like a 100% or more increase.
Bitcoin's price performance ever since after the halving event is always great. Just by looking at the history, you will know that the price of Bitcoin tends to go up months after the Bitcoin halving event, and I believe that it will happen again this time now that the halving event is over. What we need to do now is to just be patient and continue accumulating. Also, set some selling targets as well. Selling targets where you will be contented when it sells it at that price. Of course, be realistic with your selling targets.
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I think this halving is quite different, and all thanks to the spot Bitcoin ETF approval. We've been bullish since late Feb/early march if I remembered correctly. I literally predicted that this year's halving wasn't going to be as effective as the previous, and it was so. The anticipation for the ETF approval was far greater than that of the halving, and we've been enjoying it's benefits for sometime. Bitcoin is gradually climbing back to beat it's ETF ATH as at the time of this post, and I hope it does soon. I guess around it was around 71/72K the last time I checked. It seems we will be enjoying the ETFs benefit for a very long time.
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After the halving we all expected that the market will take a big dump, for some time the market took a temporary dump but that dumping did not last at all rather the market pumped again and again from that dumping. Now if we look at the Bitcoin market then the Bitcoin market will definitely satisfy us. Now if we observe the Bitcoin market then we can see that the candles here are stong and these candles will create good support and these candles will create good support and take the market to a better position.
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I see no surprise here.
You can see in the chart in the OP that the price always goes down a little bit after the halving. It skyrocket a few months later.
Plan B says after the next 18 halving the pumping starts immediately with the bullishness, we just look at previous history that it is a fact that it happened maybe the current cycle will not be much different from the past only the difference is that there is an ETF that has been approved then this is a strong narrative where bitcoin will be bullish.
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The fourth halving will be a different halving trend than before, this is due to many factors such as how ETF interest rate policies and several SEC regulations threaten the US region with many crypto users.
Although after the halving there was a significant drop, it meant providing a good opportunity for holders to start buying back at a cheaper price.
I myself just buy now and wait for the Bull run to come soon, 2024-2025 will be a great year for the development of Bitcoin.
The diamond hand will always win.
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I am looking forward to see which of these projected outcomes will really materialize for Bitcoin in the coming months of 2024 and 2025. Past performances can be a good way to see the future but there is always no guarantee that things will be the same or the intensity can be replicated. Who knows...Bitcoin can be charting a new direction never been seen in the past as far as the potential of growth coming from the halving event. This time around we have the ETFs which can surely make demand surge or dampen the market depending on the market mood. Let's see what other related developments will take place that can directly and indirectly affect the price of Bitcoin.
No doubt there will be something interesting. The main thing is to be patient, and if positions are open - to believe in the goals. Otherwise, it comes out self-delusion and nothing more.
Of interest: "Bitcoin's price movement over the past two months has been volatile, and the recent drawdown has led to increased negative coverage in the mainstream media."
(https://i.ibb.co/0Z1zLQ6/image.png)
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I am looking forward to see which of these projected outcomes will really materialize for Bitcoin in the coming months of 2024 and 2025. Past performances can be a good way to see the future but there is always no guarantee that things will be the same or the intensity can be replicated. Who knows...Bitcoin can be charting a new direction never been seen in the past as far as the potential of growth coming from the halving event. This time around we have the ETFs which can surely make demand surge or dampen the market depending on the market mood. Let's see what other related developments will take place that can directly and indirectly affect the price of Bitcoin.
No doubt there will be something interesting. The main thing is to be patient, and if positions are open - to believe in the goals. Otherwise, it comes out self-delusion and nothing more.
Of interest: "Bitcoin's price movement over the past two months has been volatile, and the recent drawdown has led to increased negative coverage in the mainstream media."
(https://i.ibb.co/0Z1zLQ6/image.png)
Patiently waiting for BTC to hit 60k region then I start accumulating again. I think that's the level institutions are watching too
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I see no surprise here.
You can see in the chart in the OP that the price always goes down a little bit after the halving. It skyrocket a few months later.
Plan B says after the next 18 halving the pumping starts immediately with the bullishness, we just look at previous history that it is a fact that it happened maybe the current cycle will not be much different from the past only the difference is that there is an ETF that has been approved then this is a strong narrative where bitcoin will be bullish.
Or maybe the Bitcoin ETF made the pump happen too quickly, thereby slightly disrupting the bullish moment after the Bitcoin halving? Even before the halving happened, a few weeks after the announcement of the Bitcoin ETF getting the green light the price touched a new ATH... perhaps many thought that the price when the halving occurred was too high, causing some people who didn't buy until the ETF announcement felt it was too late because the current price was correct -really quite high.
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Or maybe the Bitcoin ETF made the pump happen too quickly, thereby slightly disrupting the bullish moment after the Bitcoin halving? Even before the halving happened, a few weeks after the announcement of the Bitcoin ETF getting the green light the price touched a new ATH... perhaps many thought that the price when the halving occurred was too high, causing some people who didn't buy until the ETF announcement felt it was too late because the current price was correct -really quite high.
I think ETF changed the halving/price cycle anatomy.
But it became more bullish, as we reached the ATH before we saw the reduction in the bitcoin offer caused by the halving.
The price is higher than the expectations.
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Or maybe the Bitcoin ETF made the pump happen too quickly, thereby slightly disrupting the bullish moment after the Bitcoin halving? Even before the halving happened, a few weeks after the announcement of the Bitcoin ETF getting the green light the price touched a new ATH... perhaps many thought that the price when the halving occurred was too high, causing some people who didn't buy until the ETF announcement felt it was too late because the current price was correct -really quite high.
There is one thing about bull run, there is certainty that Bitcoin will grow in those times and people that has been in this game for years now understand the pattern and since nobody want to miss the opportunity, seeing Blackrock running after Bitcoin ETFs was a major signal for everyone and since it collide with halving, it became a major factor for the quick growth to the previous all time high. What happened next, nobody can tell but I know that no one want to be caught unguided with the usual losses in the Bitcoin market.
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There is one thing about bull run, there is certainty that Bitcoin will grow in those times and people that has been in this game for years now understand the pattern and since nobody want to miss the opportunity, seeing Blackrock running after Bitcoin ETFs was a major signal for everyone and since it collide with halving, it became a major factor for the quick growth to the previous all time high. What happened next, nobody can tell but I know that no one want to be caught unguided with the usual losses in the Bitcoin market.
Bitcoin increased in price after ETF approval and many people were in wait that this increase will further grow as halving takes place but one thing which people have missed and don't remember is that halving is not increasing the price as quickly as that is assumed by the investors.
Before halving we have already examined new all the time high value but as halving took place nothing remained as productive as that was before halving. So it is possible that we will see this growth very soon so our hopes should remain higher instead of getting scarred due to the current effects.
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There is one thing about bull run, there is certainty that Bitcoin will grow in those times and people that has been in this game for years now understand the pattern and since nobody want to miss the opportunity, seeing Blackrock running after Bitcoin ETFs was a major signal for everyone and since it collide with halving, it became a major factor for the quick growth to the previous all time high. What happened next, nobody can tell but I know that no one want to be caught unguided with the usual losses in the Bitcoin market.
Bitcoin increased in price after ETF approval and many people were in wait that this increase will further grow as halving takes place but one thing which people have missed and don't remember is that halving is not increasing the price as quickly as that is assumed by the investors.
Before halving we have already examined new all the time high value but as halving took place nothing remained as productive as that was before halving. So it is possible that we will see this growth very soon so our hopes should remain higher instead of getting scarred due to the current effects.
When that ETF kicks in then we have break new ATH's before halving period on which this is something that first time that happend on every halving season or period on which we can really be able to tell that this market is truly that unpredictable and would be having that significant considerations in speaking about news and fundamentals. This is why we cant really just that easily neglect out on overall randomness of this market on which it could move out on something that we didnt expect. So far we are still moving sideways with little bumps
and this what makes that hesitates you whether you should wait for some significant drop or would already be placing up your position.
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To be fair it doesn't really look like we are talking about something that would be impossible to handle, it is obvious that we are going to have something that will be pretty great. This doesn't mean that we have seen something great so far, of course it has been under expectations so far, but I believe that we are going to see much more improvements with time. Just wait for it to go up, and I guarantee you that it will be over all time high again, can't say how high it can go, but my hope is that 100k+ doesn't seem so unlikely and that could happen, anything more than that (which I am sure will happen too) would be just happiness.