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Topic: Bitcoin 2024 halving less than 1 year away - page 2. (Read 1220 times)

sr. member
Activity: 1624
Merit: 341
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November 23, 2023, 01:33:21 AM
Even if the next Bitcoin halving occurs in 2024, and there is a history of bull market trends following the previous halving, there is no guarantee that the same will occur during the next halving. Stay on top of market movements, fundamental analysis and the latest news for a better understanding of Bitcoin market trends. Apart from that, other factors can also affect the Bitcoin market such as the global financial crisis or other market turmoil. This can trigger high volatility and affect Bitcoin price trends.

The question now is, does the halving change the game so that it can make BTC rise high? Everything is an item of demand from investors and traders and it must be born to be improved, there should be no fud issues again so that many people sell BTC, both institutions and large traders. Yes. Indeed, this Ecosystem is not yet fully mature and we all respect all of this process, the main goal is to create awareness and adoption in society and provide a positive impact in the future.
sr. member
Activity: 1204
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November 22, 2023, 11:37:04 PM
I think halvings and market increases are very influential because halvings cause the total bitcoin obtained to decrease each period, but other news from outside also influences crypto market movements.
as you mentioned earlier, Covid made the market increase slightly delayed and then rose again.
If after the halving there is no bad news like Covid that happened 4 years ago, I think it will happen during the 2016 halving and it will happen sooner.
sr. member
Activity: 1456
Merit: 326
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November 22, 2023, 09:48:07 AM
Doubling before halving means Bitcoin exceeding 100k. This price is the dream of many people for years. It would be perfect if it happens. But I don't want to be too optimistic. I think this price will go up after the halving. At the same time, this request is because I want Bitcoin to rise gradually with more solid steps. If Bitcoin rises slowly but steadily, as I think, it would have laid a better foundation. Otherwise, the return of a sudden rise will be sudden.

If price goes up for minimum timing then it means that Bull market is not started yet but as price remains higher for longer time so it implies that Bull run is entered and now the price will go more higher and lots of people who missed previous halving will surely wait until next halving because knowledge is expanding more and more about bitcoin so everyone is familiar with what they have to do.

I think history will repeat itself once again but now the price will be more than previous halving because as we are going towards forward year then everything gets expensive same is the nature of bitcoin that it become more successful year after year. The bitcoin investment is the only way that force everyone to trust cryptocurrency otherwise there is no other coins better than bitcoin price goes higher every other coin will show similar pattern.
full member
Activity: 2576
Merit: 205
November 22, 2023, 06:36:38 AM
My choice seems to be not in the voting so I did not cast mine because I believe that
 Bullrun will happen more than 6 months after the halving or maybe after a year from halving, so this is different from all the above .
Even if the next Bitcoin halving occurs in 2024, and there is a history of bull market trends following the previous halving, there is no guarantee that the same will occur during the next halving. Stay on top of market movements, fundamental analysis and the latest news for a better understanding of Bitcoin market trends. Apart from that, other factors can also affect the Bitcoin market such as the global financial crisis or other market turmoil. This can trigger high volatility and affect Bitcoin price trends.

worry about nothing when Halving takes place because from all those years that we
encountered such? bitcoin remains increasing after the halving so yes turmoil or other financial crisis will not hurt the bitcoin market at all.
hero member
Activity: 2660
Merit: 551
November 22, 2023, 05:47:49 AM
Even if the next Bitcoin halving occurs in 2024, and there is a history of bull market trends following the previous halving, there is no guarantee that the same will occur during the next halving. Stay on top of market movements, fundamental analysis and the latest news for a better understanding of Bitcoin market trends. Apart from that, other factors can also affect the Bitcoin market such as the global financial crisis or other market turmoil. This can trigger high volatility and affect Bitcoin price trends.

Lol, you just contradict yourself, you says that previous history tells us that after the block halving this is a bull run. And then in one sentence you says that there is no guarantee. Just stay though with history, it will not hurt you if you believed that the pattern will continue.

There's even the global pandemic in 2020, before the bitcoin block halving and yet it didn't stop what the market is supposed to do, be in a bull run after the halving. So I will just advise you to just stay with history, continue to accumulate an not be negative or overthink what will happen in 2024-2025.
legendary
Activity: 3094
Merit: 1127
November 22, 2023, 05:31:39 AM
Even if the next Bitcoin halving occurs in 2024, and there is a history of bull market trends following the previous halving, there is no guarantee that the same will occur during the next halving. Stay on top of market movements, fundamental analysis and the latest news for a better understanding of Bitcoin market trends. Apart from that, other factors can also affect the Bitcoin market such as the global financial crisis or other market turmoil. This can trigger high volatility and affect Bitcoin price trends.

A little bit reminder on trying out to necropost some old threads or havent been inactive for almost 4 months. You should really be that careful on bumping it up.
We do have several active threads which do talks about Bitcoin halving specially on Bitcoin discussion board on which i would say that it would be that ideal or something worth
on trying to visit those threads.


Going back into the topic in regarding about bull run event then it would happen after on that halving event. The main question on this is on when? We might be able to count those previous
months in previous BR's but there's no assurance that we would really be able to experience the same thing into this next cycle.
This is why it would really be that wise on taking up some position while BR isnt happening. For me i do wait for that last dip or crash before i would be
positioning myself. There comes a time for this one.
sr. member
Activity: 959
Merit: 278
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November 22, 2023, 05:23:54 AM
Even if the next Bitcoin halving occurs in 2024, and there is a history of bull market trends following the previous halving, there is no guarantee that the same will occur during the next halving. Stay on top of market movements, fundamental analysis and the latest news for a better understanding of Bitcoin market trends. Apart from that, other factors can also affect the Bitcoin market such as the global financial crisis or other market turmoil. This can trigger high volatility and affect Bitcoin price trends.
full member
Activity: 406
Merit: 188
As we know Bitcoin is basically halving every 4 years. Currently 2023 various researchers have researched that by April 2024 Bitcoin block will be halved. And there are not many days left from the current time I saw from the bitcoin halving clock that there are only 275 days until the bitcoin halving. Bitcoin blocks are currently at 800,000 mils, which is 275 days away from the 40,000 block mark when the Bitcoin halving occurs in April 2024. Although the market is currently in a bit of a bear market, it will definitely turn into a bull market after the halving. But before the halving, the market is likely to double from its current position. Although the Bitcoin market is currently close to $30,000, there is a possibility that the market will dump one more time before it halves.



Doubling before halving means Bitcoin exceeding 100k. This price is the dream of many people for years. It would be perfect if it happens. But I don't want to be too optimistic. I think this price will go up after the halving. At the same time, this request is because I want Bitcoin to rise gradually with more solid steps. If Bitcoin rises slowly but steadily, as I think, it would have laid a better foundation. Otherwise, the return of a sudden rise will be sudden.
sr. member
Activity: 700
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As we know Bitcoin is basically halving every 4 years. Currently 2023 various researchers have researched that by April 2024 Bitcoin block will be halved. And there are not many days left from the current time I saw from the bitcoin halving clock that there are only 275 days until the bitcoin halving. Bitcoin blocks are currently at 800,000 mils, which is 275 days away from the 40,000 block mark when the Bitcoin halving occurs in April 2024. Although the market is currently in a bit of a bear market, it will definitely turn into a bull market after the halving. But before the halving, the market is likely to double from its current position. Although the Bitcoin market is currently close to $30,000, there is a possibility that the market will dump one more time before it halves.

full member
Activity: 1176
Merit: 140
Approaching to next Bitcoin's halving reminds me of the great opportunity that we have at hand now to buy Bitcoin and hold before the coming event when I remembered the crazy performance of BTC after that halving regardless of the coronavirus pandemic that hit the world at the time of halving.

Bitcoin did almost 3x from its previous ATH after halving, if such a scenario should repeat, we will look at Bitcoin hitting the price of $200k during the next bull market.
Well, though everyone is speculating about a pump after the halving and I know it generally happens because we have seen it happening in the past, still, I feel having unrealistic expectations isn't good because when it did 3x from its previous all-time high in the last having, its all-time high wasn't as high as $69k at that time, so we have a bigger target to reach for now, we first need to hit the previous all-time high and then it might go up from there.

So the biggest challenge before the halving is to reach $60k+ so that it can go up above that area after the halving, otherwise, half of the bull run will go in the price hitting the previous all-time high if we stay so much down before the halving if it goes up a bit before the halving then we will have more chances of hitting a much bigger all-time high this time.
hero member
Activity: 1666
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We all know that bitcoin price doesn't stand constant in price, it always fluctuates the way I'm seeing bitcoin, so I believe that the price of Bitcoin can fall now and within 30minutes it rises, so it has been the nature of bitcoin increment right from time, so I believe that bitcoin doesn't escape increment neither decrement, it always be the nature of bitcoin
Not just the nature of bitcoin, fluctuations are characteristic of cryptocurrencies and this becomes an advantage and disadvantage depending on how to take advantage of it.

Right now the price is still correcting due to some FUD that has emerged, this is still quite normal because a few weeks ago Bitcoin was able to survive above the price of $ 30k and now it has dropped to the price of $ 26k.

Halving will occur soon in 2024 and this will be a trigger for Bitcoin to be able to reach the ATH Price again, that's what everyone hopes for.

May this year, according to the history of bitcoin prices, did experience corrections and some frequent sales.
We'll just wait until after May and June, it is expected that Bitcoin will return to bullishness
Bitcoin price doesn't be constant it fluctuates as you said but for price of bitcoin drop this point that means it looking for correction as I said, so therefore bitcoin another thing that triggers the acceleration of bitcoin as I portray to other comments is as result of increase in demand and decrease in supply, the marketcap determine the ratio or the rate bitcoin price can ascertain in any point in time.
hero member
Activity: 2688
Merit: 588
Getting closer really makes me feel amazing about the near future. Normally I do not talk about the near future, I talk about how the future may look a bit differently and the long term is great but short term is unknown and so forth. Basically I try to avoid saying that near future would be good, I always say its going to be a gamble and we can't say it will be good, only good things I say is about the long term future and not the near term. However, when we are this close to halving, I have a better feeling about the short term as well, of course my "short term" is within 1 year, which means about summer of next year, or earlier than that, and I feel like we are going to do as well as hoped for.
I think I can agree with that in terms of Bitcoin because we already have a basis if we check its price history and as a result we always have this mindset that the longer we get the better value can get for our Bitcoin investments.

Let's only hope that other things outside Bitcoin are going to do well at least mostly because down times are also normal and let's hope they won't be severe so that we can recover quickly. In between long and short term, I think short term is the one that is more predictable. It's also better if we don't expect too much about the future so don't we won't get disappointed just in case we didn't meet our expectations.
hero member
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I mean if you're going to actually look at the Bitcoin halving timeline you could already notice the market Bullrun started after the Bitcoin halving so if the Bitcoin halving is 2024 we could probably expect that the Bullrun is going to happen in that year or probably next year at the 2025 year or probably on November/December that time. last 2012 the price still increase after one year of the halving so we could easily expect this since it happened every single time there was a Bitcoin halving event. Last 2017 there was some delay and it takes more than a year for the market price to skyrocket, but I guess the important thing here is to position yourself already on the halving. The price projection of Bitcoin every time the market price skyrocket is a serious profit we could notice last 2012 from 2$ skyrocket to 1000$, and then around 200$ up to 2500$ last 2017, as well as 7k$ up to 56k$ which is really a huge leap on the market price of Bitcoin so we could easily expect a new all-time high this coming 2024 or 2025.



In the previous 3 halvings, the bull season always came after the halving (if I remember correctly, 1 year after the halving). So I also predict the bull season will come in 2025, not 2024. But that's really not so important, what matters is whether we are ready for it. I mean, how many bitcoins will we have until then? Because if the bull season comes, but we don't have too many bitcoins, it will also be meaningless. Instead of looking forward to the halving every day, it is better to focus on increasing our income to increase the amount of bitcoin in our pocket.
sr. member
Activity: 1862
Merit: 437
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I mean if you're going to actually look at the Bitcoin halving timeline you could already notice the market Bullrun started after the Bitcoin halving so if the Bitcoin halving is 2024 we could probably expect that the Bullrun is going to happen in that year or probably next year at the 2025 year or probably on November/December that time. last 2012 the price still increase after one year of the halving so we could easily expect this since it happened every single time there was a Bitcoin halving event. Last 2017 there was some delay and it takes more than a year for the market price to skyrocket, but I guess the important thing here is to position yourself already on the halving. The price projection of Bitcoin every time the market price skyrocket is a serious profit we could notice last 2012 from 2$ skyrocket to 1000$, and then around 200$ up to 2500$ last 2017, as well as 7k$ up to 56k$ which is really a huge leap on the market price of Bitcoin so we could easily expect a new all-time high this coming 2024 or 2025.

hero member
Activity: 2170
Merit: 575
Getting closer really makes me feel amazing about the near future. Normally I do not talk about the near future, I talk about how the future may look a bit differently and the long term is great but short term is unknown and so forth. Basically I try to avoid saying that near future would be good, I always say its going to be a gamble and we can't say it will be good, only good things I say is about the long term future and not the near term. However, when we are this close to halving, I have a better feeling about the short term as well, of course my "short term" is within 1 year, which means about summer of next year, or earlier than that, and I feel like we are going to do as well as hoped for.
hero member
Activity: 2842
Merit: 772
Approaching to next Bitcoin's halving reminds me of the great opportunity that we have at hand now to buy Bitcoin and hold before the coming event when I remembered the crazy performance of BTC after that halving regardless of the coronavirus pandemic that hit the world at the time of halving.

Bitcoin did almost 3x from its previous ATH after halving, if such a scenario should repeat, we will look at Bitcoin hitting the price of $200k during the next bull market.

Yes, to look into the future, we should be looking at today. Which mean if we see the price going at least $100k ore more as the next all time high, then we should be investing right now before the price goes up.

Still plenty of time for us though, less than a year, we have a lot of weeks to accumulate bitcoin and set it up in our wallet and then HODL on it. Yeah, I know it's going to be mentally exhausting to do that, but the reward in the end. The potential profit that we are going to have will be worth when we just learn how to have patience and just continue buying as little or as big as we can before the scheduled halving next year.
hero member
Activity: 1022
Merit: 600
Approaching to next Bitcoin's halving reminds me of the great opportunity that we have at hand now to buy Bitcoin and hold before the coming event when I remembered the crazy performance of BTC after that halving regardless of the coronavirus pandemic that hit the world at the time of halving.

Bitcoin did almost 3x from its previous ATH after halving, if such a scenario should repeat, we will look at Bitcoin hitting the price of $200k during the next bull market.
legendary
Activity: 2394
Merit: 1049
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Yeah, even Microstrategy as well recently bought a lot of bitcoin again,

https://www.microstrategy.com/content/dam/website-assets/collateral/financial-documents/financial-document-archive/form-8-k_6-28-2023.pdf

So there is a big race for now, specially for retail investors like us, we should really fill our bags in preparation of the big bull run that we all have been anticipating. It's so huge that this is the first time that we might see 6 digits as all time high.

So just continue to accumulate as much as we can in this cycle and be ready for next year's bitcoin halving.

Microstrategy has always bought bitcoins in large quantities and with the purchase now by Microstrategy it makes us aware that we should continue to do the same thing to continue collecting bitcoins by DCA or what we can do, don't ever be left behind after we have bitcoins then we can waiting for the right year where the price will be bullish, I know with the halving getting closer the price will increase a little more than now.

I believe that several other large companies are buying bitcoin but they are doing it secretly, remember that halving moments will continue to be history that many investors have been waiting for.
STT
legendary
Activity: 4102
Merit: 1454
Its a long time before that happens, the whole price range from here to ATH has to be cleared and revised before any grander dream of higher prices.   Expecting too much at once isnt going to happen without a big turn in sentiment from here.  Today the price sells off and we do recover but that small picture I think is how we repeat on a larger scale.  We reach a bigger round number with more zeros like the 30000 mark or 40k and it'll be tested with sellers, we pull back and have to confirm some of the lower prices for a month or more.
  The answer to the poll could be further out then many expect, the main change with halvening is accumulative; the rest is speculative not actual.
hero member
Activity: 1526
Merit: 555
Big companies and institutions now are really making a move for this upcoming Bitcoin halving, just like this one;

Riot Platforms to add 33,000 Bitcoin miners ahead of 2024 halving
https://cointelegraph.com/news/riot-platforms-add-bitcoin-miners-ahead-of-2024-halving

These companies does know on whats upcoming and we arent that blind on that potential jump up.This is why its not really that shocking that they would
really be making out such step for them to take advantage. We are heading there and it is really just that a huge opportunity for those people who does have the money
for them to make out such act which they do know they can really benefit later on. We dont know on what would actually happen on next year
but at least we are fully aware on where it would be heading.

Yeah, even Microstrategy as well recently bought a lot of bitcoin again,

https://www.microstrategy.com/content/dam/website-assets/collateral/financial-documents/financial-document-archive/form-8-k_6-28-2023.pdf

So there is a big race for now, specially for retail investors like us, we should really fill our bags in preparation of the big bull run that we all have been anticipating. It's so huge that this is the first time that we might see 6 digits as all time high.

So just continue to accumulate as much as we can in this cycle and be ready for next year's bitcoin halving.
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