Bitcoin pump|before halving - page 4.

Zanab247

full member

Activity: 1358

Merit: 207

Catalog Websites

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.

Franctoshi

hero member

Activity: 966

Merit: 588

Quote from: Sorryfor on March 15, 2024, 06:30:02 AM

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.

Sorryfor

member

Activity: 364

Merit: 33

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.

Distinctin

hero member

Activity: 2926

Merit: 657

No dream is too big and no dreamer is too small

Quote from: MFahad on March 12, 2024, 04:20:58 AM

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.

JoyMarsha

sr. member

Activity: 924

Merit: 365

Quote from: Bravut on March 11, 2024, 09:16:39 AM

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.

Quote from: Bravut on March 11, 2024, 09:16:39 AM

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.

Quote from: Bravut on March 11, 2024, 09:16:39 AM

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.

btc_angela

hero member

Activity: 2660

Merit: 551

Quote from: Wiwo on March 13, 2024, 05:34:07 PM

Quote from: Mpamaegbu on March 12, 2024, 01:51:17 PM

Quote from: Marvelman on March 12, 2024, 01:04:51 PM

Quote from: Mpamaegbu on March 12, 2024, 12:20:40 PM

~

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.

You know that thing they say about thunder not striking twice at a particular spot? That's the whole scenario I'm trying to paint with the price doing $30k from now and before halving. I think Bitcoin has exhausted that steam to run through another sprint within a short time without a major correction. It's not as if the price won't rally up but I don't think it can go that high. Yes, Bitcoin has a history of surprises and I would be delighted if it pulls another one on us. However, sincerely typing, I don't think that will be possible at this time.

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.

Wiwo

hero member

Activity: 1022

Merit: 667

Top Crypto Casino

Quote from: Mpamaegbu on March 12, 2024, 01:51:17 PM

Quote from: Marvelman on March 12, 2024, 01:04:51 PM

Quote from: Mpamaegbu on March 12, 2024, 12:20:40 PM

~

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.

You know that thing they say about thunder not striking twice at a particular spot? That's the whole scenario I'm trying to paint with the price doing $30k from now and before halving. I think Bitcoin has exhausted that steam to run through another sprint within a short time without a major correction. It's not as if the price won't rally up but I don't think it can go that high. Yes, Bitcoin has a history of surprises and I would be delighted if it pulls another one on us. However, sincerely typing, I don't think that will be possible at this time.

I don't know why I have have high appetite towards the current Bitcoin market trend to continue to increase at this time up until halving when the price of Bitcoin will then stabilize at some point before it eventually makes a definite price benchmark that will run through a long period, at this that point then we may have up to six months are correction cycle, but at this moment we may not see likely see any heavy Bitcoin price discount and up until after Bitcoin haling.

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.

Ben Barubal

member

Activity: 560

Merit: 17

Eloncoin.org - Mars, here we come!

Quote from: Bravut on March 11, 2024, 09:16:39 AM

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...?

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.

TravelMug

hero member

Activity: 2632

Merit: 833

Quote from: tygeade on March 12, 2024, 11:49:52 AM

Quote from: TravelMug on March 12, 2024, 06:48:38 AM

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.

Quote from: tygeade on March 12, 2024, 11:49:52 AM

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.

tabas

hero member

Activity: 3024

Merit: 745

Top Crypto Casino

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.

Mpamaegbu

legendary

Activity: 2716

Merit: 1225

Once a man, twice a child!

Quote from: Marvelman on March 12, 2024, 01:04:51 PM

Quote from: Mpamaegbu on March 12, 2024, 12:20:40 PM

~

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.

You know that thing they say about thunder not striking twice at a particular spot? That's the whole scenario I'm trying to paint with price doing $30k from now and before halving. I think Bitcoin has exhausted that steam to run through another sprint within a short time without a major correction. It's not as if price won't rally up but I don't think it can go that high. Yes, Bitcoin has a history of surprises and I would be delighted it pulls another one on us. However, sincerely typing, I don't think that will be possible at this time.

Marvelman

full member

Activity: 1008

Merit: 139

★Bitvest.io★ Play Plinko or Invest!

Quote from: Mpamaegbu on March 12, 2024, 12:20:40 PM

Quote from: Bravut on March 11, 2024, 09:16:39 AM

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.

Mpamaegbu

legendary

Activity: 2716

Merit: 1225

Once a man, twice a child!

Quote from: Bravut on March 11, 2024, 09:16:39 AM

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.

tygeade

legendary

Activity: 2086

Merit: 1058

Quote from: TravelMug on March 12, 2024, 06:48:38 AM

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.

TravelMug

hero member

Activity: 2632

Merit: 833

Quote from: Bravut on March 11, 2024, 09:16:39 AM

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...?

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.

kotajikikox

full member

Activity: 2548

Merit: 217

Quote from: Bravut on March 11, 2024, 09:16:39 AM

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 bitcoin surpassed 72k caring nothing about what JP Morgan says lol. so sometimes try to listen to your instinct mate because this will bring positive instead of negativity.

Quote

Blackrock holding more bitcoin will it not influence bitcoin pumping if we say bitcoin is affected by supply and Demand...?

who knows right? we will be having frustration if keep thinking about all they say as market is truly unpredictable mate.

kro55

sr. member

Activity: 1610

Merit: 301

*STOP NOWHERE*

Quote from: MFahad on March 12, 2024, 04:20:58 AM

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.

If you say anything is possible, why are you in denial and don't believe that bitcoin can hit $100k before halving? Relying on past data to predict bitcoin's trend is no longer correct because bitcoin has reached a new ATH before the halving, bitcoin is creating new history. So there is no certainty that bitcoin will decrease before the halving.

To be honest, I don't have any predictions for the current situation because it's too difficult to make predictions. Furthermore, if we are long-term investors, we don't need too much short-term volatility in bitcoin. Whether bitcoin will continue to rise or fall before the halving, we are in for a bull season and it is only a matter of time before bitcoin reaches $100k or more.

Zaguru12

hero member

Activity: 868

Merit: 952

Quote from: MFahad on March 12, 2024, 04:20:58 AM

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 bitcoin price speculation and the rest has actually not been accurate for its speculators since this upraising but a $100k in less than 40 days is something I don’t see happening. Look at even the price change difference since the start of the year it hasn’t been more than a $20k for the past two months. In as much as I also see that the FOMO will continue until the halving next month we will be stuck with more of a ranging price between that 60k to hugest $90k

MFahad

hero member

Activity: 2506

Merit: 645

Eloncoin.org - Mars, here we come!

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.

Argoo

sr. member

Activity: 2352

Merit: 245

Currently, the price of Bitcoin is $72,070 and it looks like its growth is not going to stop yet. The current situation before halving is special. Never before has Bitcoin updated its historical price maximum before the halving, and not within a year after it. Its price is rising now as demand and trading volume for new Bitcoin spot exchange-traded funds increases, and with hopes that the Federal Reserve will soon cut interest rates. For now, all this is difficult to predict, although it is logical that the price of Bitcoin will continue to grow actively for some time. At the same time, there must be a correction and it is already late.

Topic: Bitcoin pump|before halving - page 4. (Read 801 times)