Topic: Bitcoin's last big rally in this cycle - page 2. (Read 170 times)
We’ve never reached a new ATH before the block reward halving. It’d be a first & totally unprecedented if it does happen this cycle but if it doesn’t we obviously don’t need to panic. There are so many positive things happening this time, we could see Bitcoin reach heights that seem like a dream to us now. The amount of capital now unlocked to potentially flow to Bitcoin due to the etf approvals is astronomical. If even 0.5% of the average 401k & pension plans goes to Bitcoin Spot ETFs we will see the price soar. Expect to see Bitcoin in multiple six figures per coin in 2025.
We might see more moves before the price of Bitcoin continue the bull trend.
If we are buy at this stage especially buying more of Bitcoin, we might be surprised that we are going to make more money from the crypto market. There are also other good altcoins we can buy to hold before the price of Bitcoin continues.
I think we all want to make money but we must be ready to invest at the right time.
If we are buy at this stage especially buying more of Bitcoin, we might be surprised that we are going to make more money from the crypto market. There are also other good altcoins we can buy to hold before the price of Bitcoin continues.
I think we all want to make money but we must be ready to invest at the right time.
I don't think it is the ETF approval that is causing the increase in bitcoin alone. I believe it was intended to go this way because of the halving that will occur. In my own perspective, i feel like the halving has more impact than the ETF approval.
Well Bitcoin halving is close and were really few days from it so many anticipate a great run. But who knows if whales are gonna dump on us before the halving. This event have impact on some miners and probably some institutions are gonna weigh in the market direction if they feel its gonna collapse then some will sell. Its just sell the news and buy the rumors. 
I have always believed and even the historic events are proof that there would be some sort of fluctuations and corrections which occurs between halving and bull run, majority of people who are associated with this domain for atleast last two bull runs will agree with me because that's how the trend have been but at the same time looking at the recent months and the way Bitcoin has performed it's hard to believe whether we will have any correction phase or it will break new ATH even before the halving and then we will have correction phase between halving and bull run.
Will we see history repeating itself or it would set a new trend this time is the question which I am unable to find answer for but I have planned enough to get benefitted by both the circumstances.
Will we see history repeating itself or it would set a new trend this time is the question which I am unable to find answer for but I have planned enough to get benefitted by both the circumstances.
To be honest, I hope I'm wrong and that the infinite highs continue.
Technically, you are not wrong, but you know we cannot predict the market accurately at all times. I was hoping it would reach the ATH since it started going up all of a sudden. i saw its consolidation, and hopefully it will fluctuate between the 63k and 60k range for some time. I am expecting it to not exceed 65k from now until the month ends. I don't think it is the ETF approval that is causing the increase in bitcoin alone. I believe it was intended to go this way because of the halving that will occur. In my own perspective, i feel like the halving has more impact than the ETF approval.
With each historical top lower than the previous ATH, I think that Bitcoin tends to consolidate itself in the market and become more stable (than it is today).
I believe that this cycle has great potential to be greater than the previous ones, I cite as a basis the performance of Bitcoin this year, where Bitcoin almost broke 64K USD, almost reaching the ATH even before the halving, this is unprecedented, imagine what it can do happen the following year, which is usually the leg with the highest increase.
We know that this is due to the highly positive moment for Bitcoin, ETH approved, institutional money coming in.
To be honest, I hope I'm wrong and that the infinite highs continue.
I believe that this cycle has great potential to be greater than the previous ones, I cite as a basis the performance of Bitcoin this year, where Bitcoin almost broke 64K USD, almost reaching the ATH even before the halving, this is unprecedented, imagine what it can do happen the following year, which is usually the leg with the highest increase.
We know that this is due to the highly positive moment for Bitcoin, ETH approved, institutional money coming in.
To be honest, I hope I'm wrong and that the infinite highs continue.
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