Topic: What is going to happen with Bitcoin now? (Read 567 times)

My expectations for BTC is that the price would likely go up towards the ATH rather than get epically dumped to say, 30k to 40k regions. So I expect the price to grind slowly towards the $73K ATH and possibly make the move to $100K but anyone that is expecting the price to move 5-10x from this price zone is simply setting themselves up for disappointment because there needs to be an influx of liquidity on the other side to back that kind of price growth.

Absolutely what you said is true, but only for those early investors who doesn't have patient to hold for long periods due to their eagerness to make quick profits. Anyone whoever think of taking quick profits never always ends up losing their precious assets at the name of trying to be smart knowing to well that bitcoin requires long term holdings than short terms.

It is impossible to expect 10x profits in a few months from investing in bitcoin - it is a dream that never comes true. Many early investors make huge profits after they hold bitcoin for a few years - while new investors only expect to get it in a few months, which is clearly bullshit.

Futures trading may be useful for those with big ambition - but the risk of futures trading is losing all your money when the market fluctuates rapidly. The higher the leverage set, the higher the risk of loss - so this is not the best investment advice for anyone.

The price is likely to rise in the remainder of the year to over $100,000, so there is no need to be nervous or despair when there are downturns.


The fact is that we cannot be entirely sure what will happen, although based on past cycles we can get an idea of what is most likely to happen. Therefore it is best not to despair, we are at normal price levels that are in line with previous cycles.

Yes, usually people who say that why is bitcoin different this time, after halving there is even a decline, basically every cycle does not run the same, or move the same as the previous time, but bitcoin repeats a new ATH every cycle even though it is not on the same day, month or hour as the previous year, many people are mistaken with the sentence so they don't understand how to respond to the reality of the bitcoin cycle.

yes we have experienced a much better increase starting from the beginning of this know, if we are people who save from the beginning of 2022, corrections like this are not a big problem and of course we will not feel panic with market movements that are quite volatile, it's just that some people don't understand the characteristics of the bitcoin market that make the impression on bitcoin bad.

Only patience brings "success" in becoming a Bitcoin investor. Historical Bitcoin price data can be seen how Bitcoin has gone through it from the first time until now. Except we can't find out what Bitcoin's price history is every year.
The OP is not completely wrong. It could be that OP doesn't fully understand how the market, especially Bitcoin, performed both before and after the halving.

That is true, we are going to see the rise around the late of this year. I am sensing about November should be the small start, there will be a small bull, then on December it will be even bigger bull and then we are going to see just insane increases without a doubt, things that we can't even imagine. like for example I say 100k but I am sure that if 200k happens I would definitely be shocked and yet still can't say it would be unexpected, we need to make sure that we are going to do fine in the end.

We can't keep thinking that things will go worse, we need to realize that we are going to end up with something good in the end. So, just realize that things aren't always that great for people who sell and not wait, because we will go up for sure.

I didn't feel like the price had dropped much. Bitcoin rose to an all-time high of $73k before the halving and then fell slightly after the halving. After halving the value will increase but not so fast where it becomes 3-4 times, Bitcoin is always a long term investment and long term investment where Bitcoin investment has to be held for a long time because the value increases slowly. It may take several more years for prices to rise to 3-4 from the current market, but it's never too soon. After the halving Bitcoin price was mostly above $60k, we saw a short period of Bitcoin price at $57k. Now I think those who invested in Bitcoin should hold on to it and plan to reinvest I don't think it's wrong. I am optimistic that very soon we will gradually enter a bull market where the Bitcoin price will enter new highs.

you don't expect much at Q2 of this year its just gonna be price swing all the year around but its also gonna be a great way or time to accumulate the coin that you are trying to invest though.

the price always doing some zig zag, between sub $60k and above $60k but this also means that the price recovery is obvious at the slightest good market news the price already recovering back.
this could also be sign that market is still bullish otherwise if its bearish price would've decreased so much probably we gonna see massive price dumping.
but right now it doesn't seem to be the case though, current price isn't decreasing a lot and the selling orders aren't really that much.
so there's nothing to worry about, the market is still well, just waiting the right moment.

Until BTC breaks its boundaries its sitting there, just idling kicking its legs floating.    At most we get BTC moving from one end of the range to the other but its repeating this continually without new action.  This makes us all guessing till it can do something new, I do guess positively but I will only commit to that on the long term view otherwise known as year to year.  So by my reckoning we can sit at this price or nearby till year end in fact I predicted that in Jan as my general guess, we did rise rapidly after Jan but its showing its roots and stalling right now; in my view BTC is acting as it should.

I don't think is normal for someone to just invest in bitcoin before halving and expect to make serious profits after halving because bitcoin is not a ponzi scheme where someone could invest and expect 10x of it within few month or for just the first month of their investment. As an investor he must learned to be patient and wait till the we gradually sink into the bull run, then could sell as he wishes if he is not holding for long term other than short term. Most time people who invest in short term always feels disappointed towards the overall performance of bitcoin.

Yeah, I still don't see anything too serious happening, although bitcoin has corrected in the past 1 month, the bitcoin price is still high and not too far from the ATH it created before. As a bitcoin investor, we all know that bitcoin is very volatile and compared to previous dumps, this correction is small, insignificant. But I don't understand why the OP thinks it's serious.

I guess before investing, OP did not carefully learn about the history and volatility of bitcoin and he mistakenly thought that the bull season would come immediately after the halving. Currently, he is feeling disappointed and depressed because things are not going as he thought.

But whatever, OP, we are getting very close to bull season, I hope you can get through this period, don't give up now if you don't want to regret it later.

We who choose to become a holder of many benefits from various circumstances and long -term investors will not face a panic situation when they see market conditions even though they can only speculate on weekly and monthly prices.
When people are in market conditions that are considered to have decreased after Halving, they forgot that before Halving occurred several times Bitcoin had passed the previous ATH.
Yes. The current position of the market is looking for new support to reach strong bullish. May occur in 2025.

Yes. DCA has always been the recommended method for collecting Bitcoin consistently.

True. Still quite safe and still very good price, but for those who are not used to (beginners) with this market correction is also enough to make them bored and of course boredom will be born in their minds in waiting for price increases, especially the more purchased the price decreases.


And it's a good reference to look at and read as well. Many items are smelly to look at.

Bitcoin is still strong mate standing now at 60k and above and I believe this is enough to not call bitcoin
decreasing a lot because its not , bitcoin is still in the  highest form so i believe that what will happen is much
better in the coming days or at least months from now?
simple answer but more than enough to stop the panicking and to understand what is going on now.

Bitcoin is highly volatile so expect that it will never stay in a fixed price but will continue to fluctuate from time to time. I think that’s more than an asset for bitcoin that keeps the people from entering the market. So don’t put too much worries while seeing bitcoin price at a decreased price, it will eventually recover in time and even hit another price increase. Just be patient and learn to understand the nature of bitcoin. If you are in rush to get quick profits, then obviously you will fail on that as based on what I see, it may take couple of months first before we will see a good price increase.

It is highly possible since there is still a month or two before that happen.  By that time, it is possible that whales had completed their accumulation and may possibly turn on the switch to hype the Bitcoin market.


Well, we should not worried about how long the dip will stay, rather, we should be happy that we can buy Bitcoin at a lower price before the expected Bitcoin bull run comes.



I do not know about the war news affecting the Bitcoin market, since I believe this war news is somehow independent on the Bitcoin market and the war is yet to happen, but regardless of what we think, it is clear that Bitcoin has a possibility of going below $60k since it was said that the strongest bid liquidity is in around $58k[1]

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[1] https://cointelegraph.com/news/bitcoin-lacks-60k-btc-price-nears-100m-liquidity-zone

Many are waiting for their target to be hit before making any action, its either they will buy or sell it will depend on their strategy.
We are still in the accumulation phase and that's why Bitcoin didn't drop that much, what i can see is a healthy position for Bitcoin and any moment we might see the real bull trend which I believe, we have to be more prepared. Start accumulating as well, the target is still intact at $100k and there's still a chance for this one.

ETF's sure has a big influence on the price of bitcoin, but like we have been saying in this forum, usually it isn't only one event that is responsible for bitcoins price movement. There could be other factors as to why bitcoin is yet to break the $70k resistance, but is almost below $60 right now. That being said, it is inevitable for the price of bitcoin to pump to above $100k, but it would not happen overnight like a lot of people expect it to, there'd be corrections in price like this, but one has to keep hodling their coins.

But that is wrong mindset though, accumulation should start before the halving, at least for smart investors that where they got their big profits. However, everyone here has a good plan until it didn't work, just saying. And looking at the price right now, it seems that we another dip <$60k and probably it was about the news on SECs regulatory crackdown. And with this, for sure there will be some investors here, maybe a beginning, who doesn't like what they are seeing and then maybe think of selling for a loss. But the best thing is that this is another opportunity for us to accumulate as this is a dip again and we should take advantage and should look at the bigger picture.

you wanna know why numba go up one day and numba go down the next?
just follow this and you'll know why:
https://sosovalue.xyz/assets/us-btc-spot

no need to be a brain surgeon to understand.
etfs inflows = green day
etfs outflows = red day

One thing we have to understand is that there were people that was waiting for the halving to come before they started accumulation, Currently I believe what is going on with Bitcoin price, is people are positioning and repositioning themselves getting ready for the market,  And let's not forget that there were these investors that got trapped at 69k during the last bull market who thought then the price was headed to 100k, so I kind think they're the people that took profits and probably some of them that didn't exist totally are buying at bit lower prices than the price they bought before, I believe soon the momentum we are waiting for will soon take off on Bitcoin and we will begin to see incredible price increase the coming weeks and months.

yes that's right, the point is that a correction in the structure of the market is a natural thing in an investment asset, it shows that the market is moving healthily, it is different if an asset continues to increase, we need to question it and also need to be suspicious, even gold itself which has a value that continues to rise slowly sometimes corrects to form a market structure.

Maybe if we look at the weekly or monthly time frame we can see a bigger out look in seeing the price movement of bitcoin, for sure we have passed the highest ATH limit in 2021, and now we are forming support to continue the increase after the formation of a new ATH, this could potentially go up before 2025, or we will finish it in 2025.

Patience is the key to investing, but continue DCA or collecting bitcoins slowly on every dip.

Of course, some pattern was observed in past bitcoin halvings, but the BTC-system can't always remain unchanged and all events can't occur according to the same scenario. Now completely different money is circulating in this area and completely different investors (institutional) are interested in the future of bitcoin. Even this halving (a little earlier) demonstrated its certain exclusivity, namely, bitcoin reached a new ATH even before the halving itself, which had never happened before. This suggests that subsequent events may develop at a completely different pace than expected. Therefore, it can be assumed that the bullish growth is possible earlier than "either during last quarter this year's or mid next year".

In the medium to long term, bitcoin price will definitely increase and bull season will come but the question is how many people can wait until that happens? And I think there won't be too many people who can wait until the bull season because most just want to get rich quickly from bitcoin. Many people only invest in bitcoin because they think that once the halving happens, bitcoin will immediately increase in price and OP is one of them. But things have not gone as they expected, and if this situation lasts or bitcoin continues to correct, I think it will not be surprising that they will soon sell bitcoin and leave the market.

After 2 days of bitcoin recovering and moving to $63$, currently bitcoin continues to correct just because of some war news. War news is just an excuse and market makers take advantage of this news to continue tormenting the psychology of holders, so it is inevitable that many people will be depressed and disappointed. These are not going away anytime soon and more people will sell their bitcoins before the real bull season arrives.

Bitcoin prices will rise again but we have to be patient to wait. Currently, the price of Bitcoin is gathering strength to rise higher. Many people predict Bitcoin's highest price may be above $100k-$150k, which could happen this year or next.

I think the price will start to move up after the middle of this year. But maybe Bitcoin still hasn't started to rise quickly but can rise slowly so that many people don't realize it. Whatever it is, we can only prepare to welcome its arrival.

Bitcoin bull run is coming. We just need to prepare ourselves well to get a good moment to sell Bitcoin at a high price. The current correction persists, and who knows how long it will end. But we are at the end of a weekend when Bitcoin is experiencing its usual correction.

According to experts when there is a climate change in the world many things change in the world and things are not like before again. And yes everyone was saying that bitcoin price will rise after the halving but the price of bitcoin rise before the halving and it hit the All Time High twice before the halving so some scholars came again to say thY bitcoin has hit it All Time High before the halving therefore it will not come again after the halving but we still have the hope that bitcoin will hit $100k to reach the All Time High in the season.

So we're all waiting the $100k all time high.

Besides bitcoin hitting its ATH before halving due to the impact of bitcoin ETFs, I think history is repeating itself again. The bull season will not come immediately when the halving ends, we need from 6 months to 1 year for the bull season to really come and the fourth quarter of this year is the perfect time.

The market is still the same, it's just that investor psychology is changing, I also made the mistake of expecting too much from the impact of the ETF. But looking back now, I see that history is still repeating itself. After the halving, it will be a pretty boring time for the market before the bull season comes.

A lot of newbies expressed the same disappointment as OP that there wasn't any price increase after the halving. But if they are not speculators and do not intend to get rich quickly, then a bitcoin correction is always a good opportunity, not a time of panic and dumping.

Do you want Bitcoin to continue to rise and never go down? If that is what is desired, then it will never happen given the normal ups and downs of movement.
The price after the halving is like the current market price is boring, but we will enter a new price history which will be the highest price above $100k.
Before the halving, Bitcoin had several times reached prices that exceeded the previous ATH. If you compare Bitcoin's current price of $63k with the price before the halving, I think the current conditions are still good.

I think 5-10% movement is not really that big, in the world of crypto we could go up or down that much daily and wouldn't really be a shock. I do however think that we are going to end up with something much worse if we are not careful, because dropping 20-30% is not impossible in the crypto world as well and it takes a bit longer for that to happen.

However, a good increase to over 70k and breaking the all time high again doesn't seem like it would be unlikely to me, it feels like it could very well happen. It does not mean that it will happen for sure but it wouldn't be impossible anyhow. I personally believe that we are going to end up with making some money during this month and then during the summer we could maybe stay around the same or a bit lower not big. We should do fine until the end of the summer and then start going up super high.

I guess it’s not all the time history repeats itself, and this currently done halving is a living proof to that. And add to that the high volatility of bitcoin, of course we can’t completely expect that bitcoin won’t drop its price, but at least we all know it will always recover after every drop.

The market gets more unpredictable these days, and it’s always will. The reason why we have to be more patient these days, so that we won’t end up panic selling, and we won’t be seeing ourselves losing in bitcoin most especially that the final bull run is approaching.

People want to see the instantaneous upshots of halving but they don't remember to check out the after effects of halving in previously occurring halving so if they have any idea about the past then they will not rush towards success and will not sell their Bitcoin due to fear of loss.

Those who know better about the crypto market are calm now and some of them are gathering more Bitcoin in order to achieve their dreamed profit in 2025. I think if you have to wait till now then waiting for some more months is not hard therefore continue your holding surely you will be moneyed in 2025.

The market is volatile, the BTC price could go up and down by 5-10%. I expect a short term bear market during the summer.
Historically speaking, the summer isn't the most bullish season for BTC. Maybe there will be price pump by the end of the year or the first quarter of 2025. All the conditions for a bull market are about to be met. The USA keeps printing money. The conflicts in Ukraine and Gaza might come to end(after Trump becomes president, but who knows?), there isn't any major FUD against Bitcoin right now.
I'm sad that I've missed the opportunity to sell more BTC at a price above sixty thousand dollars. Maybe next week, the BTC price will drop bellow sixty thousand and it will stay there for several months.

Bitcoin market will not increase suddenly after Bitcoin halving but in this case you have to wait for minimum one year then you will see the effect of Bitcoin halving on Bitcoin market.  Only Bitcoin halving is finished and we have to wait till 2025 minimum.  Looking at past halvings, it is clear that the Bitcoin market has seen growth in the years following a Bitcoin halving.

The halving was less than 3 weeks ago. I don’t expect Bitcoin to reach a new all time high in such a short amount of time. Bitcoin had already been really bullish for many months and at some point we were going to see a price correction.

We are also seeing constant government attacks on crypto, which will have a negative impact on investor sentiment. If you don’t think regulation has an effect on price, just look at Monero. Bitcoin will recover, but we shouldn’t expect an immediate pump when there are so many factors to consider.

though in reality the price never increase just immediately after halving i mean if its early days of bitcoin indeed it happen if i remember correctly but from my observation even previous bullrun the price doesn't go up immediately, you need to be patience if you trying to wait for price go to up.

meanwhile if you are at loss after buying bitcoin after halving which quite opposite to your expectation that the price is declining instead, just know that its just probably a temporary thing, price might recover, and as of now its already recovering so there's no worry but again you should make analysis based on the historical price chart and figure out the pattern.
otherwise you will be afraid at every price swing that happened to bitcoin.

holding bitcoin as far as I know require diamond hands, even when price declining you need to be sure that you are investing in a coin that gonna hits new all time high.

We are still going to experience one more major correction in bitcoin pricing before the bullrun finally sets in. The market will experience this correction and there every possibility that bitcoin will get to the region of $55k or lower than that. What we saw prior to the halving that took bitcoin to around $73k was a result of the bitcoin ETF approval from sec. The main bullrun will surely shot bitcoin far above the $73k and that's going to happen. Yes the date of the bullrun arrival is unknown, but usually 6 months to 1 year post halving is when we are expecting the bullrun to start, but the particular date it will start is unknown to mankind.

Too early. If you look at how bitcoin were moving from the past 3 halvings, It did not make any bullrun right after the halving have concluded. It took several months before it made another bullrun and hit another ATH. So, I would say, we should wait for like 5-8 months and that's approximately between the 4th quarter of 2024 or early in 2025. Though it is not guaranteed, but bitcoin would always make another run, it's just a matter of time since a lot of people have been anticipating and very optimistic about the 6 digit figure.
Don't get surprised if bitcoin will have another decline that would cause it to drop below $60k, because that only means it has given us another chance to accumulate more to maximize our potential profit when bitcoin make another run for the new ATH.

Actually, what is more important in my opinion is how to prepare yourself to see the price of Bitcoin rise higher by continuing to accumulate it now, because I am quite sure that in the next few months, the price will start to rise and will even form a new ATH several times.
Many people are afraid to buy because the price of Bitcoin goes up because they think the price will soon go down. Likewise, when it goes down, they are afraid to buy because they think the price will continue to fall, so they lose the opportunity and just become spectators without being able to get any benefits because when Bitcoin goes up, they don't have even a very small amount of Bitcoin.

You heard wrong, yes it is true that bull run starts after halving is complete but one should not expect so soon. Do you know about Bullran after the halving in 2020? If you look at the history of halvings that happened in 2020, you will see that the halving happened in 2020. But in late 2020 the bull run started and in 2021 Bitcoin peaked at 69k. So you can expect the upcoming bull run to start later this year. Many expect Bitcoin to hit 100k-150k in 2025. However, no one can accurately predict Bitcoin.

$5k-10k movement in a day? This isnt something that you can call it a bull run but rather this is really just that an ordinary day here in crypto space. It is really just that people are really that too optimistic on things on which on the time that they do see these kind of jumps and someone whose really that new into this market will really be having that kind of impression that this might be the bull run that they are looking. We are still on post halving period on which anytime there would really be that bull run kick in but no one really knows on when it would happen until its there. We can really say that bull run had started if we are starting to see that ATH
been break after break and this is something that would inevitably happen in upcoming months or years on which of course no one really know on when.

Thing here is that you do secure yourself at the bottom and made out some accumulation while the prices now arent that still too high or expensive on which its not really just that
limited on Bitcoin itself but also in other options as well like other altcoins in the market.

From 57k to 63k is already an obvious bull run but however, instead putting much energy in worrying about whether it will decrease or increase it is better will put such energy in considering how of Bitcoin do we have in our bags because the ups and downs movements of Bitcoin is more like a factor, culture and custom of Bitcoin which is volatility, while considering Bitcoin as a volatile asset no can actually tell how much of the bullishness or bearishness it is going to become, our focused should be more of accumulating more of Bitcoin through dca strategy either weekly or monthly according to your financial ability in order to have a sizeable worth of Bitcoin up to a reasonable amount as we holds for long term.

Nobody can tell if this move we are experiencing now will push the bitcoin to a bull state, it’s all speculations until it happens. To some, this could still be corrections and not really the bull run we are expecting so it’ll be okay if you stop worrying too much on when the market will be on the bull state and have an uptrend trajectory movement towards a new all-time high price. Bitcoin is still not yet reached the all time high it is currently since after the halving. A new all time high was hit prior to halving which in this case was different and surprising to a lot of people. Prior to that same halving, it went down rapidly to follow the trend it has always being on before at every halving. So we can say that the market is now on the right path and will experience a normal movement as usual henceforth. The date of the bull run can’t be known, it can only continue to be speculated.

What could be the most optimistic thing and most pessimistic thing we can think of? That's the range, that is at least the technical range. I believe that we are going to go higher, but I am not sure how long it will take, I believe that we are going to go higher this month, like to 70k to 80k range, between those prices, and I believe that most of the summer we are going to be between those ranges, maybe it could be a little lower or little higher but it will stay there. After that, we could start to see it doing a lot better, and wouldn't be that weird.

I know that things are not always that great for bitcoin, sometimes we do very well and sometimes we do horrible so it is not really that weird to think it could go down too, but I do not think that it will happen now.

is that a lot? have you also observed the price of bitcoin before the halving? in which supposedly dumping but it did not instead it grows even higher so what are you seeing now is just a part of what seems to be the normal movement of bitcoin when there is a halving coming and indeed that now we have recovered and maybe from this point we will see a growing market this may and forward.

that is why always Lament that the price of bitcoin is unpredictable, halving is not a guarantee bitcoin price most changes in shape, that's what some of us don't know when it come to bitcoin, I know quite well that bitcoin price is something that have its move and when you check very well you will notice that before halving bitcoin price is already dropping in the market, so right now bitcoin have started retracing and I believe that it might hit to seventy thousand [70k] from my perspective bitcoin price is been determined by the gravity of the demand.

we have never experienced bullrun since the halving, I think the market is still on correction in which their is symptoms of positivity in the market as we may see, I believe that bitcoin price of bitcoin is something that is unpredictable as I portray in the paragraph above, so I know very well that comparing the price bitcoin today and tomorrow it will not give you exactly what you needed because price of bitcoin is not constant and its unpredictable...

In normal circumstances in bitcoin investment you have to be patient whenever it comes to bitcoin investment, so I believe that bitcoin when you invest on it you don't need to be curious over its investment, and I know that if you want to invest don't invest at a point the price is going high because their is every possibility that the price may drop unexpectedly, and mostly people who invest in Bitcoin  due like to invest when the price is high.

Well we are going to see some big gains before the year is over. We are now seeing more mass adoption of crypto and with spot etfs it will be a big year for us.
There is alot of 'bullish' news now that does make me think this. Michael Saylor's Microstrategy does now have more Bitcoin then any country in the world. This number is 214,400 and it is worth $13.6 Billion.
https://www.nasdaq.com/articles/microstrategy-bitcoin-btc-holdings-hits-$13.6-billion-after-latest-purchase

The price of Bitcoin has declined somewhat compared to its recent rise, from $73,000 to $64,000 today. And you may not know that since Bitcoin has halved and the market after halving is somewhat volatile. After the bitcoin market halved the market decreased a bit, but relatively I think it is still very high and if you look at the history of the last half then you can definitely see that currently the position of bitcoin is very good. At the highs the bitcoin market is at right now if it continues like this during the bull season then the bitcoin market is definitely going to touch $150k and there is a possibility of a maximum ATH. However, since the Bitcoin market is currently at a high level, I think the Bitcoin market may go down a bit more, and then it is likely to rise. And we know that by the end of 2024 the price of Bitcoin will increase and from then we will see a bull market trend and the market will be very bullish. According to my view the future of bitcoin is going to be more bright, and it is very transparent as we know that bitcoin halved a few days ago and that definitely made it more attractive to investors. Since the Bitcoin halving, the demand for Bitcoin has increased a lot worldwide, and we can expect to reach a peak in 2025.

Nothing is always the same, things change and so does the crypto market. As you know every time after the halving, the market goes up rapidly but this time nothing like that happened instead of going up the market went down and now it is slowly going up again. I don't think anyone can say that Bitcoin will go up continuously, it is also possible to go down again from 64k, 65k to 58k,57k and then go up or even 74k,75k is possible.

Everyone else including me here can only give their opinion and only make predictions no one knows exactly what can happen in the future. It is said that one should hope for the best, so everyone is optimistic that Bitcoin will go up a lot and by the end of this year, BTC will touch 100k, but this is also a prediction and speculation. Maybe nothing more than that only time will tell whether the market will actually go up or down and what direction Bitcoin's movement will take.

I don't know if this is always the case but price of Bitcoin days after the halving event goes down for some reasons that I don't know.

Yes in the long run, price of Bitcoin increases, but I don't see it increasing 3 or 4 times from its past ATH. Maybe 2x is the most realistic price increase of Bitcoin. The correction that you saw is a completely normal scenario for Bitcoin, and there's nothing to worry about. I assume that you're panicking or at least getting afraid that you might see more losses in your current portfolio hence, you created this thread, right? It's good that the price of Bitcoin is starting to increase again after that huge decline.

Does that mean we will see a bull market now because we saw a price increase? I don't know it might, or it might not and we might see another price decrease again. My view on Bitcoin? Mid to long run, it will be bullish. I believe that we will enter the bull market a few weeks to months from now. As for you OP, don't be afraid if prices of crypto goes down and instead, take that opportunity to buy even more Bitcoin. Be patient as well because anytime, we might enter the bull market. Good Luck OP, and I hope you will maximize your profits when the bull run comes.

Huh, you see or check the market every day. Are you panicked or afraid? Isn't it true that experiencing a decline is every investor's dream, right? Keep accumulating, friends. If you are panicked, don't invest in bitcoin, just save your money in the bank. You have to study and look at the track record of previous halvings. From there you can gain knowledge and estimate several months of previous bitcoin halvings. If you are confident in this asset, don't look at the price as it continues to accumulate or add to your assets every month.

From what you said, I guess that you are new and do not intend to invest long term with bitcoin. You are just speculating with the mindset of hoping to make huge profits by buying bitcoin before the halving and will sell after the halving. Right? If so, you should prepare yourself for a bad scenario because it is very likely that we will not enter the bull season soon, we may have to wait another year, or even longer.

But if you are serious about investing in bitcoin and are willing to invest for the long term. You should take the time to learn everything about bitcoin instead of constantly asking when the bull market will come because no one knows when it will come.

If you think that after Bitcoin is halved the price will immediately rise to three or four times the current price, of course you also have to look at the price of Bitcoin before the halving occurs because this year Bitcoin reached a new ATH before the halving occurred. Meanwhile, in the previous halving period, Bitcoin reached ATH after being halved, which means that what happened this year in Bitcoin was completely different from the previous one.

So you just need not to worry about Bitcoin's condition for now because Bitcoin still has the potential to return to bullishness this year. Because the distance between the Bitcoin price decline from the highest price this year to the current Bitcoin price is not too far now, so you just need to be patient to see bullishness on Bitcoin.

It's important to remember that trading can be a lucrative venture. While it's possible for history to repeat itself, we shouldn't ignore that there is also the possibility of a worst-case scenario - a massive sell-off. Those who make money through trading often fall into the trap of thinking that they can time the market perfectly. As a result, they may sell when retail investors are buying and buy when retail investors are selling, just because they set the trend for the price.

It's impossible to predict short-term price fluctuations for Bitcoin, but we can always think about its future prospects. Bitcoin's consistent price growth over the long term can serve as a reference for those who are looking to hold onto it for a while rather than trade on short term basis and confused on what’s the market next movement.

As you can see and know right now, that's what is happening for Bitcoin, we know we have missed some of the speculation and predictions, where people endlessly speculated on Bitcoin before the halving happened, the entire crypto market is currently in the dark as to where it will go next.

For me, for now the only thing that can be done is short-term trading or wait and see developments for now, at least the end of this year, maybe we can make a decision when we enter 2025, whether we want to buy or sell, that's my opinion, what is clear is that everyone has a different understanding at this time, the best idea is ourselves in assessing Bitcoin's development.

Never mind that we, Bitcoin experts/investors, are currently confused by the crypto market, especially Bitcoin's future movements.

A lot of investors have come into the crypto space and buying up Bitcoin, in the hope that after the halving, that bull run will start immediately and they'll begin to collect ROI, but in reality this is not so, bull run actually takes some months after halving. Although price took a dip that was quite lower than expected, but I think that these pump and dump on the short term is normal before bull run actually kicks in. The dip that we experienced was an opportunity for investors to stock their bags, because I'm speculating that soon price will begin a steady climb to bull run.

if you look at history, the price of bitcoin usually corrects after the halving and usually increases a few months later. just be patient to wait for this because the bull market will happen, because no one knows for sure when it will happen, so what you need is just to be patient until it happens.

This is a pure lie, go and check your Bitcoin chart very well, it has never been true that Bitcoin moved significantly higher shortly after all halving periods. Some bullish movements even took more than 4 months before they happened in some cases, so why then relate false claims to Bitcoin? You may check through the monthly chart to confirm this, and I've always warned people that halving is not an automatic tradition that will make the price of Bitcoin rise. The market did exactly what I expected, especially when it re-hit its former ATH of around $69,000 before this year's halving, I never expected a huge buying for months anymore. But now that it hit $56+k after the halving, it might have retraced well enough to warrant a steady rise afterwards. Just be patient and careful.

This is not the first time we will see the market falling and risng, so it's better you do not relate a serious relevance to this but to give it more time to study the market situation. What happened that made Bitcoin rise is not far-fetched and they are the 1. FED stance on Wednesday which was Dovish and 2. the Friday news that was all against the USD. However, such effect subsides over time, so if Bitcoin falls back, don't be surprised. Still, I suspect two scenarios, it is either the market sustain its bullish trend or slips to a siwdeways market.

Don't look at it in the short-term, bitcoin will bounce back even higher, think of the negative things that are happening to the bitcoin market as a bowstring of a bow and bitcoin price is the arrow, the more intense the pull is going to be then the more higher that the arrow will shoot out and sometimes the bowstring pulling takes a long time to get release that some people don't want to see it anymore but that's the mistake because bitcoin always eventually pumps in prices no matter how much the negativity is going on for now. Bitcoin will continue to grow and there's not much those negative stuff can do about it, those will all be over in months and then bitcoin will recover, don't make the mistake of listening to fud spread by people who hate bitcoin, they're not going to get anything out of it and you'll lose everything when you listen to them.

While I don't completely agree with your statement but es we should b prepared for both bull and near season, the expectations have been of bull run post halving not immediately though but somewhere the end of this year or mid next year. I don't think we may see any bearish trend now but rather we will see some fluctuations and market correction and cannot correlate it to bear market.

My favorite underdog flicks always seem to follow the same formula - our protagonist gets beaten down, things look grim, but then they manage to turn it all around for a heroic comeback.  I'm getting those same heroic vibes from this market dip and 

sure, the charts might look a little scary right now.  But I see this as just a short pit stop on the way to much bigger things.  Remember how fast things were climbing before? That crazy vertical line upward? To me that was just the market powering up Dragon Ball Z style, gathering strength before its next transformation.

Now we're in the quiet before the storm.  After this quick break to catch our breath, I expect an earth-shaking bull run to kick into high gear.

I don't think, we will see the bullish season now, because the price is still decreasing in the market for investors to get ready to purchase from the bearish season once it arrives which is the plan of many investors right now, because they have saved huge amounts of capital for the bearish season to come. I think, you know that the price of Bitcoin reached $75,231 this season before the market price began to change for holders to watch very well before they will know the next step to take from the market. Based on what am experiencing from the market right now, I think bearish season is about to happen before the bullish season will take place next two months because the price of Bitcoin will definitely reach $100,000 before the end of this year.

I think there are still many people hoping that after halving bitcoin will be bullish but in reality the price has dropped, it's like new to bitcoin investment because what they see in the news after halving will be bullish, but for me it's not like that bitcoin journey after halving.

Are you going to think short term or long term? If long term never think about the price now you should still continue to buy in the current situation because for example if you target $100K it is still long enough, so it shouldn't matter when the price of bitcoin drops to $57K it could be our chance to buy again.

We dont get to find out immediately after a few days, BTC is volatile and moves around alot. Its popular with traders but pretty confusing to predict and observe.   In sum total we have been going sideways but its destabilizing in that pattern and threatening to break downwards.   This much could have been guessed by our failure to move higher, disappointment and failed aspirations and since alot of speculators are in BTC; weakness is quite normal.

If you want a traffic light signal to watch, look at the 50 day average.  Its quite rapid but not literally a Richter graph it will give you a fair direction for travel with BTC.  We do have some decline in the 50DMA but if BTC price action can trade above this moving average and also the MA becomes positive then you have your positive trend in hand and definitely BTC will be positive at this point.  

Indecision until autumn is my approximate guess at the moment.  I think more of next year then 2024 but it could all come together, stay watching nobody knows absolutely.

https://www.investopedia.com/articles/forex/121815/bitcoins-price-history.asp

Hey mate the bull run just doesn't immediately happen that way after the halving as you're thinking or as you were told by whosoever told you. I guess the person was wrong because it doesn't takes much interval of either months probably a year after year before the bull run to a new ATH. Check the image above about bitcoin halving history for more clarity. I hope that helps.

Being and investing in bitcoin is not like you eat chili immediately feels spicy or eat salt immediately feels salty friend because in the end we have to wait some time maybe even a few years to get the benefits that we expect.

Bitcoin is now experiencing a correction that is still a natural thing because we can see the previous bullish increase at the price of $15k-$71k it is a rapid increase so of course there must be a correction and the decline is not as severe as a few years ago because currently bitcoin is still stuck at $60k so there is no need to worry too much about it.

Halving doesn't mean bitcoin will shoot quickly to a higher price because everything takes time so we just need to enjoy the process so we don't feel burdened by it.

It's very common for the price to drop a bit after the halvening because it's a sell the news event and the halvening was already priced it. Even more reason for this to happen this time, because the price went unprecedently high and established the ATH before the halvening ,which typically only happens after the halveing. So this correction is not a reason to panic, it's still very likely that the bull run will resume, and the recent recovery brings even more reasons that the bull run will return soon.

You should check the Bitcoin Halving Timeline you could notice that the market is gonna drop on Bitcoin Halving and slowly gain momentum after around 365 days where it would actually skyrocket if you are going to base it on the past halving, so if we are going to follow that pattern we could assume that the market price is probably gonna continue to drop down, and then after a few months slowly going to gain its momentum to skyrocket and that is probably where the Bullrun is going to take place.

I don't really think it is already a Bullrun, Based on the pattern we could see that the price is slowing down, from x1000 in the first halving the ideal price is around 150k$ in my opinion surely it was impossible already to even have 100x on Bitcoin, the possible profit was also decreasing as we see more halving so the possible profit was just around x2 since its going to need a huge amount of money put into Bitcoin just to see that x2 happened.

Something new could easily happened we just doesn't know but my bet is still on the pattern, so the Bullrun is probably going to be around 2025, if that doesn't happened I would still plan to sell my Bitcoin whatever that market price is, or probably just sell a huge percentage of it to take profit.

What do you mean? The price of bitcoin is exactly what it was two months ago, and if we take into account the price that was at the end of last year, the price of bitcoin has risen significantly, not the other way around. Just because we had a short-term pre-halving spike and a new ATH, it doesn't mean that the price of Bitcoin has decreased a lot!


You can't really expect someone to know this. We can only speculate.

I think that has been a thing of a story now because the market price currently is now fast rising back to where it left from the initial place, we will soon get to launched into $70,000 anytime soon.


Have we then forgotten that bitcoin is a volatile cryptocurrency, it can rise and fall at any time and there is no fix rate on that.


Its better we have the required patient for this to come to pass.

You got it all wrong, we never see Bitcoin bull run immediately post halving and even in the past we have seen these dips immediately followed by halving. If you compare today's Bitcoin price with th yesterday's you will see that it's in upward trend once again and we will see more surge and dips until bull run which is expected to take place either during last quarter this year's or mid next year.

Bitcoin has gotten bullish since yesterday once again. There are news and predictions pointing in all directions right now, and what I see in the market is a lot of doubts from investors regards the next steps Bitcoin is going to take. Crypto market is full of manipulation by whales, so you can expect anything on short run, although on long term it's pretty likely Bitcoin is going to hit 100,000 or 150,000$ by the end of this current bull run (what can still take a year or so to happen).

I share the same view of those who made the predictions above. But for now we can only hope Bitcoin is going back to the right track once again, and that further corrections in price which could potentially lead Bitcoin to 50,000$ and below aren't going to happen anymore. It's early to assure anything, though, because resistance line is still at 64,000$, and Bitcoin didn't manage to break it today yet. In every cases, I like to see Bitcoin back to the 63,000$'s price range, as it gives me confidence to believe we are going upside in the following days, as the trend goes by.

I have seen that after this Bitcoin halving, the price of Bitcoin has decreased a lot. As far as I know that after every halving the price of bitcoin increases exponentially and it increases about 3 to 4 times, but this time I saw that the price of bitcoin has decreased a lot after halving, but I have seen in several places that they say the price of bitcoin is halving. After that it will decrease a bit and then it will increase rapidly. As such, after checking the market today, I saw that After the fall in the price of Bitcoin, the price is slowly increasing again. Bitcoin price was below 57K three days ago and today Bitcoin price is $63,585.10. Does that mean we will see a Bitcoin bull market now? Or will it decrease again? What is your view on Bitcoin?