Few days to 4th Bitcoin Halving - page 2.

Ndabagi01

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Quote from: Franctoshi on April 13, 2024, 03:56:22 PM

So, What is your thought seeing the price of Bitcoin smashed the ATH a month before its halving?

This should be as a result of the bitcoin spot ETF that was approved some months ago. After it’s approval, expectation was that we’ll see bitcoin on a bullish trend as a result of that, but due to the many hype surrounding it and a lot of fake news on its approval, the effect that was expected was not not felt after it was first approved. I think that is the effect that is taking place that made bitcoin to surge high and excess the ATH even before the halving took place.

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1. Could this mean that we are on the verge of witnessing an explosive Bitcoin rally as a result of the Bitcoin ETFs approval.

We have already witnessed some of it but maybe after the halving and the main bull run begins, it will still play an important run in the bullish cycle of the market.

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2. Do you think that the Bitcoin Bull market is going to end sooner than later after the halving?

The bull season doesn’t take much time, I don’t even think it takes up to a year to see the All Time High it will attain before seeing the bearish market again. The bull market won’t take much time, so taking advantage of it early is better.

Rabata

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Every 4 years the value of Bitcoin will rise due to the halving and touch a new ATH above the previous ATH. We've seen nothing like that in the past few days of Bitcoin movement. Bitcoin surpassed its previous all-time high several days before the halving. Here Halving and Bitcoin ET F Trading force to Bitcoin prices quickly turn from dip to bull. At any time we can see the Bitcoin price increase. However, after the halving, the market can go down again at any time. Not only the bullish movement of bitcoin, but the Bitcoin price may begin its highest bull run from the same level until 2024. It is not yet possible to predict what level Bitcoin price will reach after the halving.

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Quote from: Franctoshi on April 13, 2024, 03:56:22 PM

I have witnessed two Bitcoin Halving cycles and going through its historical data about the price before the halving, Bitcoin created a new history this cycle, that is breaking through its ATH before the halving, however in as much as we anticipate future significant price growth as usual But we really needs to digest this new record that Bitcoin made.

So, What is your thought seeing the price of Bitcoin smashed the ATH a month before its halving?

1. Could this mean that we are on the verge of witnessing an explosive Bitcoin rally as a result of the Bitcoin ETFs approval.

2. Do you think that the Bitcoin Bull market is going to end sooner than later after the halving?

A big decline in its price happened already and I guess I wasn't surprise. Big investors are most likely to take profit before the anticipated event and wait for things to be more clear, in particular with market price pattern. I do believe that the market price, months after halving, will again be breaking the ceiling. Now the question is, should you buy at this point aready? You could go either buying or waiting for a lower market price, depending on your risk appetite. Things are still too early to conclude and nothing will be certain. We can just only draw conclusion from previous market price behaviors during the same said event, although it was never guaranteed for such thing to happen again. The uptrend may take place before, during, or after the halving. Check on yourself whether you would be able to endure the market, if incase things will turn out to be the opposite of what is expected by many people.

Franctoshi

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Quote from: Mpamaegbu on April 14, 2024, 08:07:30 AM

Quote from: Franctoshi on April 13, 2024, 03:56:22 PM

I have witnessed two Bitcoin Halving cycles and going through its historical data about the price before the halving, Bitcoin created a new history this cycle, that is breaking through its ATH before the halving, however in as much as we anticipate future significant price growth as usual But we really needs to digest this new record that Bitcoin made.
2. Do you think that the Bitcoin Bull market is going to end sooner than later after the halving?

On to this one in quote, forget what's happening ATM with the ongoing dip (occasioned by the rumour of war between Israel and Iran), the Bitcoin bull market isn't going to end that soon till 2025. That had been the precedence. Except the changed dynamism will also affect and upset historical data. For me, I'm nonchalant concerning whatever that's ongoing now with price dipping.

I agree with you because we've had a situation like this and later people regret not taking advantage of the opportunity that presents and buying Bitcoin, Somehow all this developing news are only causing a distraction in the short term, but not for long-term holders of Bitcoin.

Right now, The fundamental holders of Bitcoin are still strong, looking at the recent events, The Hong Kong ETFs and The Bitcoin halving on the way, despite the bad news [war event] Sometimes, sudden news events do not change the overall direction of the trend….pointing to what we saw happened in the year 2020 Bitcoin halving, that alone could have changed the then direction of the market, but only cause some slight dump we call “the corona dump” and later the price skyrocketed and which saw 69k previous ATH.

Mpamaegbu

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Quote from: Franctoshi on April 13, 2024, 03:56:22 PM

I have witnessed two Bitcoin Halving cycles and going through its historical data about the price before the halving, Bitcoin created a new history this cycle, that is breaking through its ATH before the halving, however in as much as we anticipate future significant price growth as usual But we really needs to digest this new record that Bitcoin made.

All thanks to the dynamism that has slightly changed. I will say I've witnessed one full circle myself, having come into this space in 2017 at a post-halving period. I was caught in the middle of it as I didn't even know what halving was then. Before this circle, ATH was after halving but it changed this circle as you also indicated. I guess we owe that to institutional investors who've come to trust Bitcoin and are putting large funds into it now.

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2. Do you think that the Bitcoin Bull market is going to end sooner than later after the halving?

I skipped your first two other questions because we know the outcome now. On to this one in quote, forget what's happening ATM with the ongoing dip (occasioned by the rumour of war between Israel and Iran), the Bitcoin bull market isn't going to end that soon till 2025. That had been the precedence. Except the changed dynamism will also affect and upset historical data. For me, I'm nonchalant concerning whatever that's ongoing now with price dipping.

Blitzboy

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It looks like those of us who saw the possibility early on were pretty smart. This event of halving? Everything is set up for a big move. Are ETFs going to be allowed? Bitcoin just scored a major victory; at last, Wall Street is paying attention. It means the market is more stable and people are more likely to spend. This isnt a small glitch; this is how banking will work in the future. Smart investors need to pay close attention. This will go up because new money is coming in; thats just how economies work. People, dont be afraid of the top. The bull market is about to hit a whole new level.

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Quote from: AnonBitCoiner on April 14, 2024, 06:51:58 AM

Quote from: Franctoshi on April 13, 2024, 03:56:22 PM

2. Do you think that the Bitcoin Bull market is going to end sooner than later after the halving?

End of Bull season will totally depends on the number of buying and selling so if you identify that the price is going down after halving then sell your coins before you miss the opportunity to earn better profit.

Halving will bring bitcoin to the highest level but i think once it reaches to 80k$ then people will sell it and price will again turn into lower worth so take the benefit according to your dreams and don't wait too much under such circumstances.

If you have been through a bear season before then you will know that the real bull season will take place a year after the halving. How can you advise OP to sell his bitcoin if there won't be any price increase after halving? You can't expect bitcoin to increase immediately when halving happens, everything takes time. This is the worst advice I have seen so far and not to mention bitcoin is a long term investment, meaning if bitcoin doesn't go up after the halving it doesn't mean it will never go up.

JoyMarsha

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Quote from: Franctoshi on April 13, 2024, 03:56:22 PM

I have witnessed two Bitcoin Halving cycles and going through its historical data about the price before the halving, Bitcoin created a new history this cycle, that is breaking through its ATH before the halving, however in as much as we anticipate future significant price growth as usual But we really needs to digest this new record that Bitcoin made.

So, What is your thought seeing the price of Bitcoin smashed the ATH a month before its halving?

This a good thought, which makes me believe that unexpected can happen in the crypto space at any time, all it needs is just need is positive news to see it happen.

We can point out that what caused this to happen is because of the bitcoin ETF and the anticipated halving that triggered the new ATH. A new record has been set in that area which makes it the 1st bitcoin halving that saw a new ATH before the halving season after completing three halving without a new ATH, only the 4th halving yet to be completed is seeing one.

Quote from: Franctoshi on April 13, 2024, 03:56:22 PM

1. Could this mean that we are on the verge of witnessing an explosive Bitcoin rally as a result of the Bitcoin ETFs approval.

2. Do you think that the Bitcoin Bull market is going to end sooner than later after the halving?

An explosive bitcoin halving will come along after bitcoin has experienced a correction in price which is like it has already started because bitcoin has been declining in price for the past few days now from $71k to $64k as of today. There is speculation that it might fall harder to $55k before it begins to skyrocket to bull run

harapan

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Quote from: Franctoshi on April 13, 2024, 03:56:22 PM

I have witnessed two Bitcoin Halving cycles and going through its historical data about the price before the halving, Bitcoin created a new history this cycle, that is breaking through its ATH before the halving, however in as much as we anticipate future significant price growth as usual But we really needs to digest this new record that Bitcoin made.

So, What is your thought seeing the price of Bitcoin smashed the ATH a month before its halving?

1. Could this mean that we are on the verge of witnessing an explosive Bitcoin rally as a result of the Bitcoin ETFs approval.

2. Do you think that the Bitcoin Bull market is going to end sooner than later after the halving?

The events that takes place before the bitcoin halving seems to have effects on the bitcoin markets.That the events that happened in the previous months before halving increases bitcoin or makes a rise in the price of bitcoin.
From the previous halving events,there's always a price change.

Personally,its difficult to predict the outcome and impact that this halving will have over the bitcoin markets,but it obviously going to lead to an increase in demand and production.

AnonBitCoiner

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Quote from: Franctoshi on April 13, 2024, 03:56:22 PM

2. Do you think that the Bitcoin Bull market is going to end sooner than later after the halving?

End of Bull season will totally depends on the number of buying and selling so if you identify that the price is going down after halving then sell your coins before you miss the opportunity to earn better profit.

Halving will bring bitcoin to the highest level but i think once it reaches to 80k$ then people will sell it and price will again turn into lower worth so take the benefit according to your dreams and don't wait too much under such circumstances.

oktana

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I think it’s option 2. I don’t give so much credit to the ETF because it can’t start being so impactful. Like I’ve said before, if there was no halving coming up, Bitcoin wouldn’t smash the ATH because of ETF. Matter of fact, let’s not forget the fact that the price crashed as it got approved and it was later it started going all up (which I believe was caused by anticipation of the halving).

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Quote from: Franctoshi on April 13, 2024, 03:56:22 PM

I have witnessed two Bitcoin Halving cycles and going through its historical data about the price before the halving, Bitcoin created a new history this cycle, that is breaking through its ATH before the halving, however in as much as we anticipate future significant price growth as usual But we really needs to digest this new record that Bitcoin made.

So, What is your thought seeing the price of Bitcoin smashed the ATH a month before its halving?

1. Could this mean that we are on the verge of witnessing an explosive Bitcoin rally as a result of the Bitcoin ETFs approval.

2. Do you think that the Bitcoin Bull market is going to end sooner than later after the halving?

Bitcoin halving means high price aspirations, from the history of past halvings, you will notice that every time a halving happened some price crisis happened. So currently going through that price crisis, which is nothing to be disappointed about. Because Bitcoin price goes up to go down, and Bitcoin price goes down to go up. So the time for the halving to take place is very close at present.

alankasman

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Quote from: Franctoshi on April 13, 2024, 03:56:22 PM

1. Could this mean that we are on the verge of witnessing an explosive Bitcoin rally as a result of the Bitcoin ETFs approval.

$73,700 of positive proceeds we received from the ETF approval. I think we are currently on the verge of reaching a new ATH price after the halving even though we are currently in a decline which may be due to the effects of the ongoing conflict between countries.

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2. Do you think that the Bitcoin Bull market is going to end sooner than later after the halving?

Maybe yes. Bulls will not last long on this achievement. Another thought is that I wish it could last a long time.

Iranus

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Quote from: God bless u on April 14, 2024, 12:39:04 AM

I don't think so it'll be a big bull run for BTC again especially because of the problem that major countries are facing due to the Iran and Israel conflict. America and the European union are under a lot of pressure and they are also under a great pressure by the UN approval of no military supply to Israel..
America was exporting about 3.5 Billion $ weapons to Israel. The big investors will now face a backlash and it'll be very difficult to make BTC run again into the market as it requires a lot of capital.

I also read the news about Iran and Israel, and spent some time learning about this issue. Personally, I think the war is over and there's nothing to worry about. I mean what's going on feels like it's scripted and everything is almost done and there won't be any bigger conflicts happening.

As for their impact on the market, I don't see anything to worry about, and even if the war continues, it won't have any effect on the market. This period reminds me of when Covid hit our world and then bitcoin had a new ATH.

peter0425

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Quote from: Franctoshi on April 13, 2024, 03:56:22 PM

1. Could this mean that we are on the verge of witnessing an explosive Bitcoin rally as a result of the Bitcoin ETFs approval.

I believe a rally is already a given especially with the presence of halving however etfs made it much more higher than it would have probably been without etf

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2. Do you think that the Bitcoin Bull market is going to end sooner than later after the halving?

No I do not think so. Bull and bear trends usually just follow historical patterns no matter how high or low their prices are. We can still expect the same duration just except this time the price will be much higher than any of us is probably expecting it to reach.

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Quote from: Franctoshi on April 13, 2024, 03:56:22 PM

So, What is your thought seeing the price of Bitcoin smashed the ATH a month before its halving?

1. Could this mean that we are on the verge of witnessing an explosive Bitcoin rally as a result of the Bitcoin ETFs approval.

2. Do you think that the Bitcoin Bull market is going to end sooner than later after the halving?

Based on my own observation about the market analysis, there is going to be a dip after the Bitcoin halving but towards the end of the year against next year, the bull Run can start again. Some people believe that the approval of ETF is the reason why Bitcoin price surge rapidly this year and by next year the price will see its outmost price surge compare to how high the price have already grown.

In my opinion, even if Bitcoin will experience an explosive price boost, it's going to happen next year and not this year again.

Marvelman

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Yeah, Bitcoin reaching its all-time high before this upcoming halving is definitely interesting. I think the approval of that Bitcoin ETF added some hype, but tough to predict if it'll spark a crazy rally. The halvings in the past were followed by price drops, so maybe expect something similar. Though this fresh record high pre-halving might signal stronger momentum overall. I don't have a crystal ball here and we'll see how it plays out I guess.

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Quote from: Ale88 on April 14, 2024, 01:42:12 AM

This time the cycle changed because of the ETFs approval, this leaded to billions of dollars entering the market, that's why we had a new ATH before the halving. Hadn't it been for the ETFs, I'm pretty sure we wouldn't have any ATH now. We'll see a rally but it won't be quick, I hope it'll be an organic growth, nothing too crazy, supported by good volumes.

What we have seen so far in previous halving is that it takes over a year before there is a bull run or ATH. But this halving is different in a sense that we already have an ATH even before approaching the date of halving. There is no denial that current bull run wasn't possible with out ETF's.
Another aspect is that the Bitcoin community has grown over the years and is now more mature to understand the halving events.

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Quote from: Franctoshi on April 13, 2024, 03:56:22 PM

I have witnessed two Bitcoin Halving cycles and going through its historical data about the price before the halving, Bitcoin created a new history this cycle, that is breaking through its ATH before the halving, however in as much as we anticipate future significant price growth as usual But we really needs to digest this new record that Bitcoin made.

What is there to digest here? Bitcoin overcame ATH this time (before the halving) only slightly and this should not be called a real ATH. If we take into account that the halving has not yet occurred, then the recent ATH (~$73.8k) should be attributed to the old (current) cycle.

Quote from: Franctoshi on April 13, 2024, 03:56:22 PM

So, What is your thought seeing the price of Bitcoin smashed the ATH a month before its halving?

The first thing that came to mind: there have been changes in the pattern of development of bitcoin, which indicates the beginning of an era of change. Now bitcoin will never be the same again.

Quote from: Franctoshi on April 13, 2024, 03:56:22 PM

1. Could this mean that we are on the verge of witnessing an explosive Bitcoin rally as a result of the Bitcoin ETFs approval.

Most likely yes.

Quote from: Franctoshi on April 13, 2024, 03:56:22 PM

2. Do you think that the Bitcoin Bull market is going to end sooner than later after the halving?

Of course, after the halving. Moreover, much later than the halving.

Ale88

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Quote from: Franctoshi on April 13, 2024, 03:56:22 PM

I have witnessed two Bitcoin Halving cycles and going through its historical data about the price before the halving, Bitcoin created a new history this cycle, that is breaking through its ATH before the halving, however in as much as we anticipate future significant price growth as usual But we really needs to digest this new record that Bitcoin made.

So, What is your thought seeing the price of Bitcoin smashed the ATH a month before its halving?

1. Could this mean that we are on the verge of witnessing an explosive Bitcoin rally as a result of the Bitcoin ETFs approval.

2. Do you think that the Bitcoin Bull market is going to end sooner than later after the halving?

This time the cycle changed because of the ETFs approval, this leaded to billions of dollars entering the market, that's why we had a new ATH before the halving. Hadn't it been for the ETFs, I'm pretty sure we wouldn't have any ATH now. We'll see a rally but it won't be quick, I hope it'll be an organic growth, nothing too crazy, supported by good volumes.

Topic: Few days to 4th Bitcoin Halving - page 2. (Read 370 times)