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.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.
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.
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.
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.
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.
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.
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.
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 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.
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 .
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.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
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.
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.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.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
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.
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 targetThe 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.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.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
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.
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.
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 targetIt'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.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 targetIt'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?
I see no surprise here.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.
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.