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Topic: Bitcoin Halving cycle (Read 653 times)

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March 05, 2024, 03:57:17 PM
#77
ETF's didn't affect the market when they were licenced but they're driving the price high. When halving happens I'll hope FOMO doesn't affect the price when ppl dump. It's the first time I'm deciding whether it's better to hodl or buy other crypto in low prices. Bitcoin's scarcity won't be permanent it's going to be available when you're in need.

What comes after this in the crypto markets? It's hard to say for sure.  Maybe we'll see a big rebound soon.  Or perhaps prices keep rising.  The excitement around a Bitcoin ETF seems to be driving increased interest from institutional investors and their deep pockets.  and with the next halving getting closer, there's a sense of urgency to grab some Bitcoin before scarcity potentially sends prices skyward. and  Where things go next is anyones guess.
sr. member
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March 05, 2024, 03:43:06 PM
#76
Now it has reached $66K. Of course, it is clear that the market is improving, perhaps because it is approaching the halving period or also the impact of the influence of ETFs, which cannot be ignored.
I think the previous ATH will be passed this month too, but it is not a movement to achieve a renewable ATH, it still takes longer if you look at the cycle which is estimated. At 2025. But we have to accept this increase to be able to stimulate again, which will also encourage altcoins to move better.
It's $67k now so it's nearly beaten it's ATH. I didn't expect bitcoin's price to be pushed this hard in March 24 so I'm curious about how much it'll be when the bulls end.
It's amazing that Bitcoin is always difficult to predict, when it quickly increased until it was almost close to the last ATH [$68K], now it has dropped drastically back to $62K, in just a few hours, the same way it works when it increases.
Seeing a situation like this certainly makes the market confused, everything can change in the analysis could I thought today the ATH would be exceeded, but instead it fell.
We will look back in a few days on bitcoin's movements.

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March 04, 2024, 06:30:04 PM
#75
What comes after this in the crypto markets? It's hard to say for sure.  Maybe we'll see a big rebound soon.  Or perhaps prices keep rising.  The excitement around a Bitcoin ETF seems to be driving increased interest from institutional investors and their deep pockets.  and with the next halving getting closer, there's a sense of urgency to grab some Bitcoin before scarcity potentially sends prices skyward. and  Where things go next is anyones guess.
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March 04, 2024, 06:22:27 PM
#74
Whales have been patient for a long time so it's possible they're making moves trying to manipulate the market. When investors drive markets with FOMO at the driving seat we don't know where it's going to stop.

So far though, market is very positive, could be due to FOMO of the approval of Bitcoin Spot ETF approval as this institutions and their clients wanted more of BTC and so they keep on buying even if the price is going up. A lot of parameters to look at, but for now, it's the block halving, that catalyst for a bull run is coming so everyone doesn't want to missed that boat.
legendary
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March 04, 2024, 06:12:33 PM
#73
It's $67k now so it's nearly beaten it's ATH. I didn't expect bitcoin's price to be pushed this hard in March 24 so I'm curious about how much it'll be when the bulls end.

Now it has reached $66K. Of course, it is clear that the market is improving, perhaps because it is approaching the halving period or also the impact of the influence of ETFs, which cannot be ignored.
I think the previous ATH will be passed this month too, but it is not a movement to achieve a renewable ATH, it still takes longer if you look at the cycle which is estimated. At 2025. But we have to accept this increase to be able to stimulate again, which will also encourage altcoins to move better.

No one can really tell, but as you have said, bulls is pushing it hard and I think their goals is to break the previous all time high. Now what happens if we break it? That is the big question and usually it's either we will have a big decline, a huge correction, or the price continue it's parabolic rise as we approach the halving.

So far though, market is very positive, could be due to FOMO of the approval of Bitcoin Spot ETF approval as this institutions and their clients wanted more of BTC and so they keep on buying even if the price is going up. A lot of parameters to look at, but for now, it's the block halving, that catalyst for a bull run is coming so everyone doesn't want to missed that boat.
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Activity: 714
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March 04, 2024, 05:55:53 PM
#72
It's $67k now so it's nearly beaten it's ATH. I didn't expect bitcoin's price to be pushed this hard in March 24 so I'm curious about how much it'll be when the bulls end.

Now it has reached $66K. Of course, it is clear that the market is improving, perhaps because it is approaching the halving period or also the impact of the influence of ETFs, which cannot be ignored.
I think the previous ATH will be passed this month too, but it is not a movement to achieve a renewable ATH, it still takes longer if you look at the cycle which is estimated. At 2025. But we have to accept this increase to be able to stimulate again, which will also encourage altcoins to move better.
sr. member
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March 04, 2024, 01:04:02 PM
#71
We've seen bitcoin move over $62k today so it's a good measure the market's in good health. I can't say movement's because of halving speculation because I don't know what's pushing the market. We didn't see bitcoin so close to near ATH before so we shouldn't be startled if it's going to exceed $70k.
Now it has reached $66K. Of course, it is clear that the market is improving, perhaps because it is approaching the halving period or also the impact of the influence of ETFs, which cannot be ignored.
I think the previous ATH will be passed this month too, but it is not a movement to achieve a renewable ATH, it still takes longer if you look at the cycle which is estimated. At 2025. But we have to accept this increase to be able to stimulate again, which will also encourage altcoins to move better.
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March 03, 2024, 08:18:20 PM
#70
I think this coming halving will be a major shift from the others because it might follow a completely different path like we are already seeing. In the past, we never saw price of Bitcoin get so close to the previous all time high and even threatening to surpass it before the halving. What is this telling us? This simply mean that something different is happening now and the market participants have been adjusted. Previously we do see moves such as we have now after the halving but now that we already entered bull run before the halving, what we expect to see after the halving is not yet clear but it is certain that it will be positive for Bitcoin. Should we have all time high before the halving, then price will be go far higher after the halving.

Your quite right mate the participants has adjusted gone are those days where retail investors mean much, right now we have the big players like ETFS buying almost 10% of the available supply steadily, the demand of bitcoin is well on the rise and some exchanges liquidity can't well handel it, IMO I think bitcoin would get more than expensive for the average man to buy if it reaches 200k and even using all the strategies can't help you if you don't have a source of income, that's why it's not the best idea to sell your holdings this bull run in the name of profits, bitcoin is leaving the era of investment asset or commodity to a real store of value as fait continues to depriciate many are rushing to store value in bitcoin.
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March 03, 2024, 01:48:13 PM
#69
The massive ETF billions pumping into the market will have it already bought in. Retail investors will mean nothing.

Halving will mean basically nothing as it should, it's an emotional response to a problem that doesn't really exist. The remaining to be mined is such a small number.

The US stock market is on a bubble and money will be finding a safe place to hide like BTC, Gold and silver and such..

full member
Activity: 294
Merit: 172
March 03, 2024, 06:16:27 AM
#68
I think this coming halving will be a major shift from the others because it might follow a completely different path like we are already seeing. In the past, we never saw price of Bitcoin get so close to the previous all time high and even threatening to surpass it before the halving. What is this telling us? This simply mean that something different is happening now and the market participants have been adjusted. Previously we do see moves such as we have now after the halving but now that we already entered bull run before the halving, what we expect to see after the halving is not yet clear but it is certain that it will be positive for Bitcoin. Should we have all time high before the halving, then price will be go far higher after the halving.
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March 03, 2024, 12:56:58 AM
#67
The Bitcoin Spiral: Halving cycle is interesting. It summarizes past cycles, the current one and future ones as well. With multiplier x10 between two consecutive circles, it is easily to see Bitcoin growth through some cycles but with slower growth rate for future halving cycles, I think we will have to wait some more halvings to see Bitcoin price reaches $1M.


Cycle repeat from Charts.bitbo.io has a price projection for Bitcoin next bull run after 2024 halving. I know projection is not correct but let's see how the projection is. According to it, if the historic cycle repeats itself, a next all time high can be around $180,000 to $200,000 in late of 2025, about one year and a half after 2024 April halving.

The progress of 2024 halving is about 85% done. The latest block is 809,891 and a block where halving happens is 840,000. Counting down only 30,509 more blocks till the 2024 halving.

We are currently here at the time you mentioned in the picture. Bitcoin halving is only 52 days away. Therefore, if the price of Bitcoin increases one more step, it will touch the maximum level. So just wait for a few days and the opportunity to invest will arise. All the investors who are without investment must use this opportunity.
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March 02, 2024, 07:22:08 PM
#66
2024 halving is around the corner and Bitcoin moves sharply to its 2021 all time high.

Let's see the Bitcoin route to 2024 halving compares to its past halvings.
One year ago, in 2023, the market sentiment was not bullish like now and in 2022, it was even much worse. Super negative sentiment in 2022 with some sagas like Terra, FTX.

If you belonged to people who have interest in Bitcoin investment but hesitated to spend money for loading bitcoin in 2022 and 2023, you missed very good prices for accumulation.


After four years, the Bitcoin halving cycle begins, during which the price of Bitcoin is able to reach its highest level. This halving could touch at least $100k, many investors have commented. Halving bitcoin price 2024 has been researched by many experienced people, according to their research it will definitely be successful.
jr. member
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March 01, 2024, 07:11:17 PM
#65
5. We pump once weak hands leave
Bitcoin will pump parabolic after weak hands are out but they don't leave voluntarily but they will be killed with forced liquidations by their greed positions with Leverage, Margin and Futures.

I don't hope anyone will be killed by liquidations and lose their money, have their life harder but it's what happen on the market. I hope or don't hope, it can not change what's going on the market and basic psychology of the market cycles

https://fifthperson.com/wp-content/uploads/2016/01/Psychology-of-Market-Cycles.jpg

You have clearly stated what more than Fact.
This contribution is invaluable.
Most people will ignore this or try to understand this fact but its reality, this is what happens in the market.
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February 28, 2024, 07:02:36 PM
#64
We've seen bitcoin move over $62k today so it's a good measure the market's in good health. I can't say movement's because of halving speculation because I don't know what's pushing the market. We didn't see bitcoin so close to near ATH before so we shouldn't be startled if it's going to exceed $70k.
sr. member
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February 28, 2024, 09:08:40 AM
#63
2024 halving is around the corner and Bitcoin moves sharply to its 2021 all time high.

Let's see the Bitcoin route to 2024 halving compares to its past halvings.
One year ago, in 2023, the market sentiment was not bullish like now and in 2022, it was even much worse. Super negative sentiment in 2022 with some sagas like Terra, FTX.

If you belonged to people who have interest in Bitcoin investment but hesitated to spend money for loading bitcoin in 2022 and 2023, you missed very good prices for accumulation.

legendary
Activity: 2492
Merit: 1332
October 11, 2023, 01:04:31 AM
#62
When halving occurs, the price does not need to decrease much, but if it does not increase immediately or a few months later, I also believe that many people will get discouraged and give up. Because people are pinning high hopes on the halving and if it doesn't go as they expected, they will be disappointed and dump bitcoin. That's the scenario I think will happen because not too many people know that the bull season will only take place about a year after the halving. So that's why I'm not too impatient or in a hurry to wait for the halving event because it won't change the market situation anytime soon. Everything takes time and so does bull season.
That is what those that are only interested in making money do not know, they have heard that after the halving the price of bitcoin will go up, but this is not something that happens immediately, it takes some time before we see the price to go up and it is even likely the price could go down, as those people that were expecting immediate profits get disappointed with their lack of results and then they decide to sell their coins, a decision which will cost them the opportunity to make the money they were looking for.
legendary
Activity: 2898
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October 10, 2023, 09:30:53 AM
#61
The Bitcoin Spiral: Halving cycle is interesting. It summarizes past cycles, the current one and future ones as well. With multiplier x10 between two consecutive circles, it is easily to see Bitcoin growth through some cycles but with slower growth rate for future halving cycles, I think we will have to wait some more halvings to see Bitcoin price reaches $1M.


Cycle repeat from Charts.bitbo.io has a price projection for Bitcoin next bull run after 2024 halving. I know projection is not correct but let's see how the projection is. According to it, if the historic cycle repeats itself, a next all time high can be around $180,000 to $200,000 in late of 2025, about one year and a half after 2024 April halving.

The progress of 2024 halving is about 85% done. The latest block is 809,891 and a block where halving happens is 840,000. Counting down only 30,509 more blocks till the 2024 halving.


Add this to OP. Cool



I'm not posting that to say that Satoshi had the foresight to have implemented the halving to happen together with the boom and bust cycles that were caused by the Federal Reserve's policies. BUT if he truly did it because he had an idea WHEN the Federal Reserve would actually turn the money printer on and off, then the hypothesis behind the halving has to be one of the most brilliant "theories" put into practice.
sr. member
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October 10, 2023, 09:09:04 AM
#60
The big thing we are waiting for will soon happen, the halving day which is designed every 4 years makes many people panic and immediately buy because transaction volume will continue to increase, the level of mining difficulty continues to increase making many people leave mining because it is difficult to make a profit.
legendary
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October 08, 2023, 09:22:38 AM
#59
According to predictions, the halving will take place in March or April 2024, and if history repeats itself and as you mentioned. Bull season will come a year after the halving, which means we are still a long way from the bull season. So, there will not be any positive movements in the market anytime soon, both before and after the halving.

The impact of the halving is undeniable, however, many people mistakenly believe that the bull season will come immediately when the halving takes place and they are looking forward to more positive developments as the halving approaches. I predict bitcoin will have corrections before and after the halving and will not skyrocket immediately. That could be the last time the market shakes off its last weak hands before entering a new bull season. I predict many people will be discouraged and disappointed when the halving happens because then the price will not increase immediately.

Based on previous halvings data its very much clear that price wont go up immediate up after halving rather it will take a year or two for price to go up. This halving is different in a sense that people are now very much aware of halving and that's the main reason we see a stable Bitcoin price for last few months. Even if price don't up immediately after halving it wont go down as many investors are eyeing halving event this time.

When halving occurs, the price does not need to decrease much, but if it does not increase immediately or a few months later, I also believe that many people will get discouraged and give up. Because people are pinning high hopes on the halving and if it doesn't go as they expected, they will be disappointed and dump bitcoin. That's the scenario I think will happen because not too many people know that the bull season will only take place about a year after the halving. So that's why I'm not too impatient or in a hurry to wait for the halving event because it won't change the market situation anytime soon. Everything takes time and so does bull season.
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October 07, 2023, 06:04:40 PM
#58
Buying at halving isn't less of a gamble. Always invest believing a gamble's a gamble it doesn't matter if we're thinking it's less chance of some thing going wrong. We shouldn't look at previous halving cycles thinking we know what's going to happen the next time it happens.
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