Bitcoin pump|before halving - page 4.

kotajikikox

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Quote from: Bravut on March 11, 2024, 10:16:39 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

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*STOP NOWHERE*

Quote from: MFahad on March 12, 2024, 05:20:58 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

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Quote from: MFahad on March 12, 2024, 05:20:58 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

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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

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#SWGT PRE-SALE IS LIVE

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.

Charles-Tim

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Quote from: Bravut on March 11, 2024, 10:16:39 AM

What are we to expect this pre-halving season...?

What have you seen already? Halving is just some weeks to come.

Quote from: Bravut on March 11, 2024, 10:16:39 AM

Will bitcoin pump more than $80K to make a new ATH before halving.

No one knows but it is highly likely that bitcoin may increase above $80000 before halving. In just a day, bitcoin can dump $10000 or can add $10000 to its price. So at $71500, it is possible that bitcoin can get to $80000 at any time soon.

Quote from: Bravut on March 11, 2024, 10:16:39 AM

Will bitcoin drop to $42K as speculated by JP Morgan..?

I do not know about JP Morgan speculation or his analyst. But if it is true that they said bitcoin is going below $50000, you can see how wrong it is.

Quote from: Bravut on March 11, 2024, 10:16:39 AM

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

As people buy more bitcoin than selling, the price will increase. If Blackrock continues to buy, expect increase.

BitMaxz

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Block halving is coming.

There is someone who already asked this you might be interested to check them here https://bitcointalksearch.org/topic/--5488435

Bravut

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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...?

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