Pages:
Author

Topic: BTC Halving & BTC Pump Explained - page 2. (Read 322 times)

sr. member
Activity: 602
Merit: 387
Rollbit is for you. Take $RLB token!
April 29, 2024, 10:28:21 PM
#2
Bitcoin is not like altcoins. It is not a pump and dump coin and it is biggest difference of Bitcoin versus altcoins.

You can say pump and dump with altcoins but please don't use pump and dump to talk about Bitcoin.

With Bitcoin, it is better and more accurate if you use words like growth, not pump and dump. Bitcoin price grows gradually with time, but the growth is very good and solid. You can say Bitcoin has a long sustainable growth in its value, price and trading volume. Altcoins can have pumps but their prices, trading volumes are not sustainable.

How many cryptocurrencies (altcoins) failed?
Don't buy altcoins because they are top altcoins
jr. member
Activity: 259
Merit: 1
April 29, 2024, 10:12:34 PM
#1
Hi Crypto Lovers,

The info I am sharing is only for Educational purpose and are not for any Investment Purpose, so DYOR before any investment.

So, we have seen a lot of instability in the crypto world form the last few weeks and everyone is predicting the BTC as well other coins price as per their knowledge. I also did some research and are now sharing it, so new user can have an idea of “How the BTC PUMP works” and “When ALT can be Expected”.
Normally, when a new user enter into crypto world and hear about BTC halving, then the only this in his mind is that “After BTC Halving, BTC will sky rocket” but this is not how it works.

BTC Halving

BTC Halving is occur after every 4 years and after every Halving the BTC supply/reward become half for miners, that’s the simple concept to understand.

BTC PUMP

BTC Pump does not happen directly after halving, as there is a cycle for that and for the last 3 Halvings, its follows.
First Halving happen in Nov 2012 and the Price Pump after a Year (Nov, 2013), eventually reached to $1200/BTC, which almost 3X.
Second Halving happen in Jul 2016 and the Price Pump after a Year (Dec 2017), eventually reached to $20,000/BTC, which almost 16.5X.
Third Halving happen in May 2020 and the Price Pump after a Year (Nov 2021), eventually reached to $67,000/BTC, which almost 3.2X.
But now, there a difference in the previous Years and in 2024, as in 2024 BTC Price already cross the previous high which expected after Halving. There are a lot of things happen in 2024 and many Big Whale adopt the BTC and invested in it.
Fourth Halving happen in April 2024 and the price is also expected to be pumped in Nov/Dec 2025 with atleast increase of 3X upto 16.5X which makes the BTC price to reach $180,000 upto $100,000,0.

https://imgur.com/x4NhS1N

As I have already mentioned above that 2024 is different and many Big companies are adopting the BTC and it is expected that many countries will make it legal, which will pump theBTC price to sky rocket.

For ALT price to be increased, you just need to keep an eye on the BTC dominance.

If  BTC Dominance Increase with BTC Price = ALT Dump
If  BTC Dominance Increase & BTC Price Decrease = Major ALT Dump
If  BTC Dominance Decrease & BTC Price Increase = Major ALT Pump(ALT Season, ALT pump upto 100%-1000%)

https://imgur.com/Jsqcci2

I hope the information will help new users and now they will have a clear Idea of “How the BTC halving Pump works”.


Pages:
Jump to: