The halving is in two days, right? Well, I'm not sure how many of you here or in the bitcoin world in general were expecting some kind of massive pop at any time before it, but it sure as hell doesn't look like it's going to happen. And obviously anyone who's checked bitcoin's price in the past couple of days would see that the opposite is occurring. It's puzzling to me why bitcoin dropped so low so fast, but expectations about the halving might have something to do with it. I haven't seen any negative news here that would point to a reason for it, have any of you guys?
Then again, this could simply be the calm before the (bullish) storm, or it could be a natural dip in a market that had run itself so vertically that a mini-crash was bound to happen. And here I am trying to think of reasons, when I know damn well 99% of the time the markets for crypto, stocks, or whatever just do whatever they're going to do without a clear explanation.
My fingers and toes are doubly crossed that bitcoin doesn't fall below $60k, however.
Topic: Bitcoin pump|before halving - page 3. (Read 642 times)
The current state of Bitcoin's price doesn't seem like Bitcoin's price will increase before the next half. Currently the price of Bitcoin is very low, currently the price of Bitcoin is 61k. You said here that JP Morgan predicts that Bitcoin will drop to 42K before the halving, but personally I don't think Bitcoin can go that low, if it really goes down it will drop to 55k at most, but we No one can say with 100% certainty exactly how much the price of Bitcoin can go down, or how much it can go up.
The current state of Bitcoin looks like we will see Bitcoin pumping after the next halving, which is expected to be huge.
The current state of Bitcoin looks like we will see Bitcoin pumping after the next halving, which is expected to be huge.
In the crypto market nothing is impossible so every investor should keep in mind that anything can happen here for which there should be certain preparation. Recent prices are so low as compared to all the time higher worth as it dumps to 60k$ and sometimes the predictions show to be accurate while sometimes the market is going in the opposite direction to the predictions.
Now the market is unpredictable so the next price will be based on the effects of halving if halving remains useful for investment like that of previous halving then price will pump otherwise it can also be possible that this halving differs from that of previous halving but still we have time and we can hopefully see another pump.
Don't spend all your profits you made from the bull run, so that when the season to buy come you will not find it difficult to buy BTC because the time to buy is very near to those that prepare for it.
The season to buy additional Bitcoin in preparation for the bull season is already here because the market is now giving us more chances to buy Bitcoin at a cheap price then what we would had bought when Bitcoin was at $72,000, the price is dropping again therefore we should not miss this chance. This might be the last time we'll see Bitcoin low because Bitcoin halving is coming in few days time. Bitcoin pumping before the halving was very surprising to me as I thought Bitcoin price pumping will happen after Bitcoin halving is over and not before the halving starts. The pump made many people to think that we are in the bull market and the market would not dump again before the halving but the market is now dumping just before the halving and this is what was expected of the market to happen. I think we can expect Bitcoin to dump below $50,000.
The current state of Bitcoin's price doesn't seem like Bitcoin's price will increase before the next half. Currently the price of Bitcoin is very low, currently the price of Bitcoin is 61k. You said here that JP Morgan predicts that Bitcoin will drop to 42K before the halving, but personally I don't think Bitcoin can go that low, if it really goes down it will drop to 55k at most, but we No one can say with 100% certainty exactly how much the price of Bitcoin can go down, or how much it can go up.
The current state of Bitcoin looks like we will see Bitcoin pumping after the next halving, which is expected to be huge.
The current state of Bitcoin looks like we will see Bitcoin pumping after the next halving, which is expected to be huge.
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Like I said in one of my previous posts here that Bitcoin was way too overbought 85% RSI level, based on my experience and the strategy I used to sell and buy, Bitcoin has never failed to react when it reaches the 85% RSI daily level, and just fewer days after I said that, yesterday and today Bitcoin has dropped $8k from its $73k the highest price to $65k the lowest price since we claimed $70k price level, and we are few steps away to test the 50% day RSI indicator which is likely to bring us to a price near $55k and which is also in agreement with 50 day SMA price retrenchment, and that presents another good opportunity to buy more Bitcoin.Many people wonder how holders are doing because as a result they are the ones who suffer the biggest losses when a big decline occurs, but as holders they seem to be relaxed because a decline of a few percent like yesterday is normal. High volatility ahead of the halving is very natural regardless of whether the existing indicators are correct or not.
Quote from: Sorryfor
Bitcoin has reached the price you expected. Yes, the price came to $72,000. But exactly two days after that mean today bitcoin dumped down, now bitcoin price is 66000$.
It can still dump more for the price to hit $50k for bear season to continue again, and I don't think the price will be too low like last bear season that made some people to buy BTC at $18k because the price of BTC has hit higher in this season, which will be the reason the price will not hit below $50k before the price will pump again.I guess you are part of those that used their hodling well, when the price hit $72k this year because it really help some people to accumulate profits from their hodling because that is their target before they can sell and their target come through for them, and they will still like to buy in another bear season.
Don't spend all your profits you made from the bull run, so that when the season to buy come you will not find it difficult to buy BTC because the time to buy is very near to those that prepare for it.
Bitcoin has reached the price you expected. Yes, the price came to $72,000. But exactly two days after that mean today bitcoin dumped down, now bitcoin price is 66000$. Since Bitcoin has bottomed out in its value, it is somewhat unlikely that it will cross $100,000 before the halving. Rather, it may reach $75,000 and Bitcoin's price will remain stable for a while, and then its value will slowly decline. But I don't think it's fair to expect its price to go much higher at the moment. But maybe it will be limited to 60 to 80 thousand dollars. This is not really accurate as the rise in Bitcoin price depends on many factors.
Like I said in one of my previous posts here that Bitcoin was way too overbought 85% RSI level, based on my experience and the strategy I used to sell and buy, Bitcoin has never failed to react when it reaches the 85% RSI daily level, and just fewer days after I said that, yesterday and today Bitcoin has dropped $8k from its $73k the highest price to $65k the lowest price since we claimed $70k price level, and we are few steps away to test the 50% day RSI indicator which is likely to bring us to a price near $55k and which is also in agreement with 50 day SMA price retrenchment, and that presents another good opportunity to buy more Bitcoin.
Bitcoin has reached the price you expected. Yes, the price came to $72,000. But exactly two days after that mean today bitcoin dumped down, now bitcoin price is 66000$. Since Bitcoin has bottomed out in its value, it is somewhat unlikely that it will cross $100,000 before the halving. Rather, it may reach $75,000 and Bitcoin's price will remain stable for a while, and then its value will slowly decline. But I don't think it's fair to expect its price to go much higher at the moment. But maybe it will be limited to 60 to 80 thousand dollars. This is not really accurate as the rise in Bitcoin price depends on many factors.
I think none of the two is going to happen. Bitcoin will probably not hit $100k before the halving because that's pretty far from where the price is at the moment and we are not that far from the halving event now.
About the JP Morgan statement, though it sounds absurd but I wouldn't call it that because I know anything could happen and we have seen it in the previous bull runs where Bitcoin used to drop more than 40% right before the halving and then it used to recover back to hit a new all-time high post-halving.
So, I believe it's going to be between $60k to $80k, might hit $80k if the current bullish momentum stays, but there is a high chance that it will dip at some point.
The whole crypto space is very positive these days. But we should not be highly confident that bitcoin will not drop its price drastically as we have seen it already happened before. It’s better if we can prepare for it as earlier as now. Now, if price will continue to rise, that would be much better to expect. But we should still stay realistic, $100k might be possible for bitcoin but with a month left for bitcoin halving, the chances to get there is quite slim. So I have to agree with you, $80k-$85k is more realistic than that. About the JP Morgan statement, though it sounds absurd but I wouldn't call it that because I know anything could happen and we have seen it in the previous bull runs where Bitcoin used to drop more than 40% right before the halving and then it used to recover back to hit a new all-time high post-halving.
So, I believe it's going to be between $60k to $80k, might hit $80k if the current bullish momentum stays, but there is a high chance that it will dip at some point.
What are we to expect this pre-halving season...?
To keep on rising and never see it stop its increase until the halving season kicks off which remains 36 days.Will bitcoin pump more than $80K to make a new ATH before halving.
It will be hard to say the next direction of price bitcoin will head to before halving. As it all seems, if bitcoin continues its price increase, bitcoin will certainly pump more than $80k before halving since it remains a few thousand dollars to reach $80k, and the price touched $74k not quite long ago. Will bitcoin drop to $42K as speculated by JP Morgan..?
I doubt if Bitcoin will. The price drop of Bitcoin I suspect bitcoin can reach is $60k. Not below that. 
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Why shocked? All we need is just another month like the last one. If we recall, a month ago we were still hovering around the $42k range. Now, look at us! So, another $30k in a month is certainly possible. I know, that would be exceptional. But Bitcoin's history is full of surprises.Although I don't blame those who speculate a possible price correction down to 30k, due to the latest events and happenings each time bitcoin makes an all-time high, this time it seems to be different in both approach and realities since bitcoin has really resisted the urge to drop below the all-time high of the previous year.
I think that it is normal to see people speculating for a price to dump before the halving, it's what we have been seeing before. However, the last time we have dump in 2020, it was because of the covid-19. If we all remember, it was March of that year when suddenly the whole world shuts down. So there's a lot of uncertainty, nobody knows what's going on and so majority sold because of that.
But now, we don't have that kind of world events, and on the contrary, people are super bullish, and pushing a price to it's all new all time. So I don't think that there will be major correction, maybe others are selling for profits and that's it.
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Why shocked? All we need is just another month like the last one. If we recall, a month ago we were still hovering around the $42k range. Now, look at us! So, another $30k in a month is certainly possible. I know, that would be exceptional. But Bitcoin's history is full of surprises.Although I don't blame those who speculate a possible price correction down to 30k, due to the latest events and happenings each time bitcoin makes an all-time high, this time it seems to be different in both approach and realities since bitcoin has really resisted the urge to drop below the all-time high of the previous year.
Looking at the current price,Bitcoin has pumped to $69K with a very high bullish momentum. My concern is can we see bitcoin rally to 100K before halving, bitcoin has increased by 40% so far.
Am anticipating bitcoin to surpass $72K before halving, but JP Morgan give a contradicting idea saying "bitcoin would drop to $42K before halving " ....amidst investors buying more bitcoins.
Blackrock has now bypass Micro strategy in bitcoin portfolio,been the top player holding largest amount of bitcoin and currently getting half of the market share, which I think is influencing bitcoin pump.
Bloomberg releasing a statement saying "The rate of buying of computers by mining companies have increased and also the need of electricity by them".
What are we to expect this pre-halving season...?
Will bitcoin pump more than $80K to make a new ATH before halving.
Will bitcoin drop to $42K as speculated by JP Morgan..?
Blackrock holding more bitcoin will it not influence bitcoin pumping if we say bitcoin is affected by supply and Demand...?
Am anticipating bitcoin to surpass $72K before halving, but JP Morgan give a contradicting idea saying "bitcoin would drop to $42K before halving " ....amidst investors buying more bitcoins.
Blackrock has now bypass Micro strategy in bitcoin portfolio,been the top player holding largest amount of bitcoin and currently getting half of the market share, which I think is influencing bitcoin pump.
Bloomberg releasing a statement saying "The rate of buying of computers by mining companies have increased and also the need of electricity by them".
What are we to expect this pre-halving season...?
Will bitcoin pump more than $80K to make a new ATH before halving.
Will bitcoin drop to $42K as speculated by JP Morgan..?
Blackrock holding more bitcoin will it not influence bitcoin pumping if we say bitcoin is affected by supply and Demand...?
If Bitcoin rallies before halving into 100k, it must have a basis; it can't be just a rumor or a story that is just a guess. You know bitcoin because of the volatility it has, which means that at any moment it can rise or fall suddenly.
How many times has Bitcoin made $10,000 in one day or just a few days? That's what happens when an asset is volatile, especially Bitcoin. And it can also fall to that amount in just one day, but it depends on the situation happening in the market and the whale manipulators.
They have their own narrative behind, so If I were you, I wouldn't listen to them or to any so called experts in this market as there are non. So what if it will go down to $42k? What you are going to do? You going to panic and sell your stash? If that is the case then that's what they wanted you to do, sell your BTC at cheap price from you and the rest of us. But if you know how the market operates, I wouldn't do that. On the contrary, it might be good to continue to stack stats at $42k, even at the bull run, everyone can still continue to save and then wait till it reaches new all time high in 2025 at a minimum of $100k.
I think selling your bitcoin during this period could be one of the biggest mistakes you could ever do. Doesn't matter if it goes well or badly, there is really nothing that could be wrong with that. I believe that the best thing to do in this case would be just holding your coins, it could be going down a lot, or it could be going up a lot and in both cases you should keep holding it.Yes, as long as you don't need that extra money, I would say that don't sell it. There are a lot of traders waiting for those who are pushing the sell button. Well if it is necessary then do it, but for the sake of getting profits now? Nah, it's a bad idea, profit taking is when we reach at least 6 digit price.
If you sell because it looks like it peaked, then you could be wrong and it could keep going higher, if you sell because it went low then it could stop going lower the moment you sell and could recover and keep going higher and you would lose. The best thing to do is keep holding your coins and that should be the most important part of it.
As per our experience, specially those who have been in this game, yeah, when we sell in a bull run like this, it might go up the next day or the next. And it's going be a eye opener for newbies. Perhaps it's good for them to experience it this way so that they will learn from it, just saying.
No one knows until the time comes of halving and whatever is the price by that time. Talking about JP Morgan? Is his opinion really matter to you anymore? He's been telling tha since long time ago and even said about Bitcoin is fraud for so many times. My advise to you is don't take him seriously despite him a known banker and financial guy, his opinion doesn't really matter if you're long term on Bitcoin. But of course some of the news when it's published about his opinion it might make some impact but you don't worry with such.
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Why shocked? All we need is just another month like the last one. If we recall, a month ago we were still hovering around $42k range. Now, look at us! So, another $30k in a month is certainly possible. I know, that would be exceptional. But Bitcoin's history is full of surprises.
Looking at the current price,Bitcoin has pumped to $69K with a very high bullish momentum. My concern is can we see bitcoin rally to 100K before halving, bitcoin has increased by 40% so far.
$100k before halving will be a difficult order, seeing that we're just a month away from it. We may see $80k as it's romancing $72k already. Hitting $100k will mean Bitcoin doing $30k addition to its current price. I would be shocked if that ever happens.Why shocked? All we need is just another month like the last one. If we recall, a month ago we were still hovering around $42k range. Now, look at us! So, another $30k in a month is certainly possible. I know, that would be exceptional. But Bitcoin's history is full of surprises.
Looking at the current price,Bitcoin has pumped to $69K with a very high bullish momentum. My concern is can we see bitcoin rally to 100K before halving, bitcoin has increased by 40% so far.
$100k before halving will be a difficult order, seeing that we're just a month away from it. We may see $80k as it's romancing $72k already. Hitting $100k will mean Bitcoin doing $30k addition to its current price. I would be shocked if that ever happens.Quote
before halving, but JP Morgan give a contradicting idea saying "bitcoin would drop to $42K before halving " ....amidst investors buying more bitcoins.
Keep your sanity intact by not listening to those guys and their institutions. They want to FUD so they can buy cheap. A few times that I listened to them in the past, it didn't end to my advantage. I lost out.Quote
Will bitcoin drop to $42K as speculated by JP Morgan..?
It's an elusive dream for anyone to think that will ever happen this year or next. They I'll have to wait for 2026 to see $42k. Anyone who missed an entry at that level has missed it for good and should either move on or buy at whatever price it's now. There's still room for upward movement. 
They have their own narrative behind, so If I were you, I wouldn't listen to them or to any so called experts in this market as there are non. So what if it will go down to $42k? What you are going to do? You going to panic and sell your stash? If that is the case then that's what they wanted you to do, sell your BTC at cheap price from you and the rest of us. But if you know how the market operates, I wouldn't do that. On the contrary, it might be good to continue to stack stats at $42k, even at the bull run, everyone can still continue to save and then wait till it reaches new all time high in 2025 at a minimum of $100k.
I think selling your bitcoin during this period could be one of the biggest mistakes you could ever do. Doesn't matter if it goes well or badly, there is really nothing that could be wrong with that. I believe that the best thing to do in this case would be just holding your coins, it could be going down a lot, or it could be going up a lot and in both cases you should keep holding it.If you sell because it looks like it peaked, then you could be wrong and it could keep going higher, if you sell because it went low then it could stop going lower the moment you sell and could recover and keep going higher and you would lose. The best thing to do is keep holding your coins and that should be the most important part of it.
Looking at the current price,Bitcoin has pumped to $69K with a very high bullish momentum. My concern is can we see bitcoin rally to 100K before halving, bitcoin has increased by 40% so far.
Am anticipating bitcoin to surpass $72K before halving, but JP Morgan give a contradicting idea saying "bitcoin would drop to $42K before halving " ....amidst investors buying more bitcoins.
Blackrock has now bypass Micro strategy in bitcoin portfolio,been the top player holding largest amount of bitcoin and currently getting half of the market share, which I think is influencing bitcoin pump.
Bloomberg releasing a statement saying "The rate of buying of computers by mining companies have increased and also the need of electricity by them".
What are we to expect this pre-halving season...?
Will bitcoin pump more than $80K to make a new ATH before halving.
Will bitcoin drop to $42K as speculated by JP Morgan..?
Blackrock holding more bitcoin will it not influence bitcoin pumping if we say bitcoin is affected by supply and Demand...?
Am anticipating bitcoin to surpass $72K before halving, but JP Morgan give a contradicting idea saying "bitcoin would drop to $42K before halving " ....amidst investors buying more bitcoins.
Blackrock has now bypass Micro strategy in bitcoin portfolio,been the top player holding largest amount of bitcoin and currently getting half of the market share, which I think is influencing bitcoin pump.
Bloomberg releasing a statement saying "The rate of buying of computers by mining companies have increased and also the need of electricity by them".
What are we to expect this pre-halving season...?
Will bitcoin pump more than $80K to make a new ATH before halving.
Will bitcoin drop to $42K as speculated by JP Morgan..?
Blackrock holding more bitcoin will it not influence bitcoin pumping if we say bitcoin is affected by supply and Demand...?
They have their own narrative behind, so If I were you, I wouldn't listen to them or to any so called experts in this market as there are non. So what if it will go down to $42k? What you are going to do? You going to panic and sell your stash? If that is the case then that's what they wanted you to do, sell your BTC at cheap price from you and the rest of us. But if you know how the market operates, I wouldn't do that. On the contrary, it might be good to continue to stack stats at $42k, even at the bull run, everyone can still continue to save and then wait till it reaches new all time high in 2025 at a minimum of $100k.
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