Another Halving, Another ATH - page 3.

traderethereum

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Quote from: Ararbermas on May 04, 2021, 08:31:36 PM

Quote from: traderethereum on May 04, 2021, 08:07:27 AM

$64k is just the beginning of the bitcoin price, which can still increase in the next month until the next year because I guess the bitcoin price will be more worth than just $64k.

probably mate,, because bitcoin easily reach that value in just a short period of time when it started pumping and showing a high trend within weeks in the market.. See the growth rate at this point its showings as well that still have possibility to surge more despite of some fluctuation due to some sell off . Indeed it didn't affect too much so this means bitcoin still have strong resistance in my opinion and the potential still higher because also mostly news now around social media are good news when it comes bitcoin,

I agree with you because bitcoin is still trying to survive and have more support to make bitcoin stay at a price now.
Sooner or later, the bitcoin price will start to rally to the high price and although we do not know that time, we can prepare ourselves so we do not miss the chance to sell at a high price.
If we look at the bitcoin price move, it seems the price still struggles not to go down deeper than before.
The positive bitcoin news can support the price to lift the price to the high price and maybe we can see the price back to $60k soon as that will be the next target before reaching $64k.

rodskee

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Quote from: k@suy on May 04, 2021, 09:38:10 PM

Quote from: yhiaali3 on May 04, 2021, 05:49:21 PM

It is still too early to say that the bitcoin ATH that we saw at $ 64,863 is the highest peak for this year, we are likely to see much higher peaks, expectations indicate that we can see 100k$ before the end of this year, this possibility is very large with the increasing entry of large companies The market and buying more huge quantities of Bitcoin, buying these large quantities will cause a shortage of supply in the market and an increase in demand, and this leads to an increase in the price.

Well i am going to agree in the fact that assuming this month ATH will be the last ATH of bitcoin for this year was too early because usually every trader, a member of the crypto community usually waits for the end of the year to witness another ATH of bitcoin. What was good about crypto market today was the thought that even if we are far from the end season of the year yet we are witnessing yhe continuous market exchange rate climb up.

Who says that ATH happens every End of the year? have you checked the data from each end year?

it can happen today and will remain the level till December ? but this doesn't mean that the All time High will be recorder in the last quarter meaning October,November,December time.
But i doubt that there will always be a dumping nowadays because of the biggest company that holds and support bitcoin.

k@suy

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Quote from: yhiaali3 on May 04, 2021, 05:49:21 PM

It is still too early to say that the bitcoin ATH that we saw at $ 64,863 is the highest peak for this year, we are likely to see much higher peaks, expectations indicate that we can see 100k$ before the end of this year, this possibility is very large with the increasing entry of large companies The market and buying more huge quantities of Bitcoin, buying these large quantities will cause a shortage of supply in the market and an increase in demand, and this leads to an increase in the price.

Well i am going to agree in the fact that assuming this month ATH will be the last ATH of bitcoin for this year was too early because usually every trader, a member of the crypto community usually waits for the end of the year to witness another ATH of bitcoin. What was good about crypto market today was the thought that even if we are far from the end season of the year yet we are witnessing yhe continuous market exchange rate climb up.

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Quote from: Ararbermas on May 04, 2021, 08:31:36 PM

Quote from: traderethereum on May 04, 2021, 08:07:27 AM

$64k is just the beginning of the bitcoin price, which can still increase in the next month until the next year because I guess the bitcoin price will be more worth than just $64k.

probably mate,, because bitcoin easily reach that value in just a short period of time when it started pumping and showing a high trend within weeks in the market.. See the growth rate at this point its showings as well that still have possibility to surge more despite of some fluctuation due to some sell off . Indeed it didn't affect too much so this means bitcoin still have strong resistance in my opinion and the potential still higher because also mostly news now around social media are good news when it comes bitcoin,

I agree Bitcoin is very likely to go back up to the ATH price of $ 64k, but the problem is Bitcoin resistance very strong at the price of $ 60k.
Therefore several times when it approached the $ 60k price, the Bitcoin price always fell. Therefore Bitcoin needs new investors who can help
push the Bitcoin price past the resistance price of $ 60k. In the near future, the number of new investors holding Bitcoin should continue,
because positive news related to Bitcoin continues to emerge. And also for Bitcoin holders who have bought Bitcoin before, it is hoped that
they will not sell their Bitcoin too quickly. If they really expect Bitcoin to return to a price of $ 64k.

It will take time and as for the moment, it's time for some of the altcoin bull run, DOGE, ETC, VET, WAVES, Telcoin and OKB are some of the altcoins that multiplied their price since the year started. The time for BTC could be over or its just time for it to wait.

Lucky for those who had bought and wait. Just like they say "Blessed are those who HODL"

Ararbermas

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Quote from: traderethereum on May 04, 2021, 08:07:27 AM

$64k is just the beginning of the bitcoin price, which can still increase in the next month until the next year because I guess the bitcoin price will be more worth than just $64k.

probably mate,, because bitcoin easily reach that value in just a short period of time when it started pumping and showing a high trend within weeks in the market.. See the growth rate at this point its showings as well that still have possibility to surge more despite of some fluctuation due to some sell off . Indeed it didn't affect too much so this means bitcoin still have strong resistance in my opinion and the potential still higher because also mostly news now around social media are good news when it comes bitcoin,

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I'm already started to miss the $10,000 price of Bitcoin where we are stuck there for a few months before we started to rally high and reach $20,000.
And as the market remains in this situation (bullish), I'm started not to think about reaching it back again. I know and we can't deny that many people are waiting for the market crash but sound like it was hopeless.
And I was wondering how the next halving could affect the trend or it even helps the market not to dump again as it is possible that people will start filling their bag as early as possible before.

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It is still too early to say that the bitcoin ATH that we saw at $ 64,863 is the highest peak for this year, we are likely to see much higher peaks, expectations indicate that we can see 100k$ before the end of this year, this possibility is very large with the increasing entry of large companies The market and buying more huge quantities of Bitcoin, buying these large quantities will cause a shortage of supply in the market and an increase in demand, and this leads to an increase in the price.

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Quote from: gantez on May 03, 2021, 05:20:00 AM

We may not see another major bull run that will take over from the current ATH of $64,863.10. In 2017 when the ATH that many began to notice bitcoin happened, it was a year after and it started ranging, then heavy correction followed till the current halving. Now we are about a year from the last halving, we have also seen an ATH , I thinking we may be in ranging time now as altcoins are beginning to bull.

I do not think altcoin's bull market got any power to influence bitcoin market in any means. I agree money in-flow may get deviated to altcoin markets still I do not agree all new investors will go for investing into altcoins. So, this is not ranging time. It is like power gaining time for bitcoin which makes some altcoins to roar but when bitcoin gets into action then those altcoins will get back to their usual routines.

Quote from: gantez on May 03, 2021, 05:20:00 AM

other altccoins doing some increase ,it happened that way in 2017 .

No. In 2017, most altcoins did not have their ATH but only in 2018. When bitcoin is into bullish mode, most altcoins will remain stagnant and when bitcoin enters into stable zones, altcoins may get into their strong bullish mode.

traderethereum

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Quote from: gantez on May 03, 2021, 05:20:00 AM

We may not see another major bull run that will take over from the current ATH of $64,863.10. In 2017 when the ATH that many began to notice bitcoin happened, it was a year after and it started ranging, then heavy correction followed till the current halving. Now we are about a year from the last halving, we have also seen an ATH , I thinking we may be in ranging time now as altcoins are beginning to bull. Ethereum is running higher and now selling at $3,160 , other altccoins doing some increase ,it happened that way in 2017 .

$64k is just the beginning of the bitcoin price, which can still increase in the next month until the next year because I guess the bitcoin price will be more worth than just $64k.
Maybe the bitcoin price will be more than $75k but it will not happen in a short time because bitcoin itself needs more support and demand from people out there to invest in bitcoin.
But I admitted that people could say anything about bitcoin price, including they can say that bitcoin will jump to the lowest price and back to the price before halving.
Maybe bitcoin needs to have another correction before the rising of price again and that can give the altcoin time to increase and reach the next ATH.

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Quote from: Yaunfitda on May 03, 2021, 09:02:45 PM

Quote from: DeathAngel on May 03, 2021, 07:40:22 AM

64k is nowhere near the top of the current cycle, we’re going to double at least before the start of the next bear market. Alts are riding high now but a big % of profits always go back into bitcoin. Most alts are just used as vehicles to increase bitcoin stashes.

Exactly, altcoins may have good gains in the last month or due and been cutting on bitcoin's dominance. But it doesn't mean that they can sustain that for a long time unless we are in a bear market, which is not. So sooner or later after altcoins dumps again, smart investors are going to shift to bitcoin and another all time high for us this month. Currently, bitcoin went from $58k to $55k now, but there's no need to panic here, just how money are flowing, bitcoin-> altcoin market and then vice versa.

I think it is just a circle and gradually the price will keep appreciating. Bitcoin dropped from the ATH @ $64k down to now at $55k and the gains I see has been pushed to Ethereum which is now at $ 3,300 and some other altccoins appreciating also. The circle may go back to bitcoin or it may just be a bear time but nobody will say the range price will head off to.

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Quote from: plr on May 04, 2021, 06:35:41 AM

Quote from: gantez on May 03, 2021, 05:20:00 AM

We may not see another major bull run that will take over from the current ATH of $64,863.10. In 2017 when the ATH that many began to notice bitcoin happened, it was a year after and it started ranging, then heavy correction followed till the current halving. Now we are about a year from the last halving, we have also seen an ATH , I thinking we may be in ranging time now as altcoins are beginning to bull. Ethereum is running higher and now selling at $3,160 , other altccoins doing some increase ,it happened that way in 2017 .

I don't compare the 2017 scenario to what we are experiencing now, because I'm going to be greedy and will be on a buying spree on just any token or coin that I can stumble, this new bull market we need to do a lot of research because scammers are also creating projects that are an imitation of projects that attract a lot of investors, one of these are the DeFi projects.

No surprise for seeing new trend about new tech popping up but if you don't want to get scam on any of those well you can focus on existing alts which have promising future or can simply select bitcoin for long term hold since imagine how far it goes this days and maybe un next halving we can see more ATH since the price consistently pump when halving cames.

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Quote from: gantez on May 03, 2021, 05:20:00 AM

We may not see another major bull run that will take over from the current ATH of $64,863.10. In 2017 when the ATH that many began to notice bitcoin happened, it was a year after and it started ranging, then heavy correction followed till the current halving. Now we are about a year from the last halving, we have also seen an ATH , I thinking we may be in ranging time now as altcoins are beginning to bull. Ethereum is running higher and now selling at $3,160 , other altccoins doing some increase ,it happened that way in 2017 .

I don't compare the 2017 scenario to what we are experiencing now, because I'm going to be greedy and will be on a buying spree on just any token or coin that I can stumble, this new bull market we need to do a lot of research because scammers are also creating projects that are an imitation of projects that attract a lot of investors, one of these are the DeFi projects.

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Quote from: gantez on May 03, 2021, 05:20:00 AM

We may not see another major bull run that will take over from the current ATH of $64,863.10. In 2017 when the ATH that many began to notice bitcoin happened, it was a year after and it started ranging, then heavy correction followed till the current halving. Now we are about a year from the last halving, we have also seen an ATH , I thinking we may be in ranging time now as altcoins are beginning to bull. Ethereum is running higher and now selling at $3,160 , other altccoins doing some increase ,it happened that way in 2017 .

But remember that not all halving brings ATH to Bitcoin price so be aware and never expect a perfect run each time (Every 4 years)

But indeed that These past halving , bitcoin really made a Move and great ranking.

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What are you talking about, there is no halving in near future or near past. We are roughly between the two halvings and ATH prices don't happen on halving, they happen a long time after the halving. For example the bitcoin halving before the previous ATH in 2017 happened in mid 2016. The last halving we had happened mid 2020.
So if anything the new ATH should happen similar to 2017 by the end of 2021!

As for the shitcoin known as ETH, it is not rising at all, in fact it has been dumping ever since 2017 with small dead cat bounces. Back in 2017 when it was pumped this shitcoin reached 0.15BTC and has been dumping consistantly to the point where it lost 94% of its value.
Now that bitcoin is temporarily stable all shitcoins are pumping which is why ETH also went up a little to 0.06BTC which is still 60% dumped.
Shitcoins like this are lucky because when they get dumped against bitcoin 94% but bitcoin price goes up 1770% the shitcoin prices in USD seems like rising while in reality they have been dumping slowly.

It is like when you are on a train and walk in the opposite direction (to the back of the train), when someone looks at you from outside they still see you moving forward in the same direction as the train but in reality you are walking backwards.

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This is another attempt to try predict the future price of Bitcoin using the lens of the past halving. I never agreed on this approach. Although there is always a gradual increase in the price of Bitcoin months after the halving, the situations during all the previous halvings are different from the current situation. The adoption in the past was slow and low but today the adoption is fast rising and is growing very high with even the very influential names such as Elon Musk, Michael Saylor, Jack Dorsey, etc are already joining the call for everyone else to get into Bitcoin.

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Quote from: DeathAngel on May 03, 2021, 07:40:22 AM

64k is nowhere near the top of the current cycle, we’re going to double at least before the start of the next bear market. Alts are riding high now but a big % of profits always go back into bitcoin. Most alts are just used as vehicles to increase bitcoin stashes.

Exactly, altcoins may have good gains in the last month or due and been cutting on bitcoin's dominance. But it doesn't mean that they can sustain that for a long time unless we are in a bear market, which is not. So sooner or later after altcoins dumps again, smart investors are going to shift to bitcoin and another all time high for us this month. Currently, bitcoin went from $58k to $55k now, but there's no need to panic here, just how money are flowing, bitcoin-> altcoin market and then vice versa.

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My original reckoning in 2019 was that 2020 would not see a price rise initially just consolidation. What we've seen is ignited by the monetary expansion and special moves in reaction to the lockdown events. Thats not a normal year or backdrop to predict where does BTC go from here, its hard to predict and we might still be transforming and seeing the results of excess FIAT in its inflationary effects. Add a year onto your schedule perhaps, its true we go in cycles but I think we have to accept the prior range was incorrect for this new lower dollar value and other currencies.

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LE ☮︎ Halving es la purga

Nowadays, surely now if many are running to buy to sell, or vice versa ... it happens every season with extreme high peaks, some survive others maintain "confidence" but not price (shitcoin)...

In reality, the real winners (alway)are those who have invested money that, regardless of the result en el precio de su Alts entre halving and ATH they are investing now (anytime) and do not wait 4 years or for the bullish season to happen.

Although if you dedicate yourself to trader any minute of every day is a good time to win and lose, what matters is the ROI in green.

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Quote from: gantez on May 03, 2021, 05:20:00 AM

We may not see another major bull run that will take over from the current ATH of $64,863.10. In 2017 when the ATH that many began to notice bitcoin happened, it was a year after and it started ranging, then heavy correction followed till the current halving. Now we are about a year from the last halving, we have also seen an ATH , I thinking we may be in ranging time now as altcoins are beginning to bull. Ethereum is running higher and now selling at $3,160 , other altccoins doing some increase ,it happened that way in 2017 .

Not really that bad to make out some comparison between the past present and the future but it doesnt mean that it would be precisely happen in the future because if we do consider
the level of adoption and recognition from the past and upto this moment then we can really tell the difference which it would really be an important factor that the thing happened in the past
will happen on the current year and future to come but one things for sure that Halving events does have significant effect on the entire market even though not as general compared to
full adoption talks but it is relevant.

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Another halving, another ATH, yes 100% right. If the reward decrease half so in logically the price should be double too and don't forget that more demand will come in the future so maybe not just double but triple or more, So in the next 4 years later, we will not see the current price of Bitcoin

Halving is a system that makes Bitcoin more scarcity and becomes more valuable

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