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I am not really hoping high here or just having hopium.
What I am expecting and I am already happy for Bitcoin is just to create a new all-time high before the Bitcoin block halving.
That is what I am expecting because of the history of Bitcoin block halvings that happened before.
If the price of bitcoin can reach an all-time high before the halving, then of course everyone will definitely expect higher prices after the halving. I tend to expect an ATH to happen after the halving, but it wouldn't be a bad thing if it happened sooner than expected. I don't expect it to come so quickly, but I can expect $40k - $50k before the 2024 halving.
if this happens this time , the essence of halving and its effect will surely change and same as the belief of people in the said bitcoin miner events.
for how many times that we managed to see its effect? but this time it well change though I doubt by any chance it will happen.
If that really happens, people will immediately doubt the halving event and assume that it will no longer be important. furthermore, for bitcoin to reach its all-time high before the halving, we would need a very large event to do so. but looking at the current economic situation, I don't think there will be any surprise strong enough to make bitcoin increase so strongly.
Inflation is still there, the crisis is still there and the economy needs time to recover. plus, we haven't even crossed $30K yet, so how can we dare to think there will be an ATH before the halving when halving is closer to us than ever?
indeed
that is a sad part, because we have believed that halving is the reason why market
is bullying and that would effect all of us in that matter.
like me have expect so much from halving , and now? before halving there are a ATH breaking? maybe there are nothing that comes in believing .
but waiting for that big event? i doubt there are something coming in the next given days.