Topic: Is the Bull Charging or Just Warming Up Post-Halving? - page 2. (Read 397 times)

The ½ ing.  Right now 52k is pretty good for most people even miners.

But in 40-50 days the ½ ing effectively drops the price of btc down to 26k if you are mining.

⛏️  So we are not a real bull run.

A more clear example of miners issues  is the  earnings per th.

I was making 13 cents a th in Dec.
I am making 8 cents a th in Feb

So not a bull run for me as a miner.

Although as a hodl of btc I am up from 38k to 52k a corn 🌽

So if you do dca and hodl and began doing that in oct 2022 you are all smiles.

but if you mine you are thinking fuck 13 cents to 8 cents and in april maybe 4 cents a th.

I am lucky all my gear is paid and I can simply turn off my gear come the 1/2ing.

This dynamic is huge as there are over 580 eh in gear online

that is:

580 eh
580,000 ph
580,000,000 th. which is

580,000,000/200= 2,900,000 s21s  or 5,800,000 s19s

$8,700,000,000 in gear and maybe 1,300,000,000 in infrastructure.

$10,000,000,000 on the line and about to get kicked hard by the ½ ing

and now that fees are under 0.5 btc blocks were 9.5 coins in dec now 6.5 coins and soon 3.75 coins

so it is not bull for mining it is fear right now.

Yes, this do only talks about price upward movement but we shouldn't really be forgetting about the price dumps too. We do have that pre-halving dump and we do have that post halving dump before things
would really be starting to climb up. We've seen on how prices did make out that gradual increase from that $15k bottom on which tons of people had really been that expecting that it could still reach 10k below
but it didnt happen. From there on, then bear market starts to getting better as we do go ahead on whats the current price now. No one had anticipated for the price to be like this since we arent that still on halving event
which the price is already playing around 50k and possibly be able to hit up 60k if the price momentum would really be that continuing then its possible we do able to get near ATH but since April is fast approaching
then i do still highly doubt this probability.

Yeah, we are just warming up, we haven't even seen anything decent yet. People think that because we went up more than 3x from the bottom, they think it's over. Let me put it this way, in 2018 we have reached as low as 3k, but by late 2020 (halving year) it was already 20k and more. That shows from bottom to after halving it became 7x, I am not saying we are going to be 7x again, but that would be around 100k, and finishing this year with around 100k wouldn't really be a shock to me.

So, believe me when I say this, not only it will go up a lot, but it will also go up even more during 2025 as well. So, we have some more price increases left in this month, and then we are going to end up with even bigger highs later on as well, so we are still not too late.

Lets gibe Bitcoin some time to show more potential. This is just the beginner of the bull run. Funny enough the bull run is not officially started. So let us reserve our analysis, controversial statement and wait to see what bitcoin will do soon. Starting from the second quarter of the year. Obviously it wont pass this year we will see another all time high.

I may answer yes or no .

Yes because we are seeing green in market for months now , and may answer NO because nothing is certain specially when Halving is near to come.

I know am not an OG so will not be a complete knowledge but As what I believe and have seen for years now? this is not going to High bull before 1 year of halving comes.

Everybody can contribute based on their opinion and not only the OGs therefore here's what I think is happening. I haven't experienced any bull market for me to be speaking from my experience but I have done research on matters like this and other similar matters and I what's happening is just warning up for the halving and not the bull market. There's going to be more rise in Bitcoin price because when the halving date gets closer more fear of missing out of buying Bitcoin before the price starts to pump will make those that haven't bought Bitcoin to start buying. The whole marketcap of cryptocurrency will exceed previous market cap with a larger amount because Bitcoin has gotten more publicity and more investors will be buying Bitcoin.

What is happening now is that the price has exceeded $52,000 and that is a sign that bullishness has arrived and will soon touch the final ATH above $60,000. I am of course still optimistic that the price of bitcoin will continue to strengthen as long as positive news persists and demand increases. people are buying and preparing for the upcoming halving. Buy and hold now is a pretty good opportunity, but consider the risks when a correction occurs.

Better be ready for what will come mate .


This can be a Bull continuing or this is another traps , there are lots of sell orders waiting and if you are not careful then you will be trapped and will need to wait till the halving effect in which will take place next year.

But if the price breaks 60k then this is indeed the bull charge that has been chargi since the approval of ETF.

You might have written something right ignorantly which many supposed professional traders here might not even know because someone has tackled me before about it but couldn't furnish me with his own strategy which makes it funny. If you may know, it is the remark that the breach of the current all-time high will be the indication for the overall continuation of the bullish trend in Bitcoin. As simple as this is, it is powerful to denote the overall trend continuation in the market and it is valid for all assets/markets. This is not about the way many are saying it but about how the market principles and dynamics work even as simple as it is.

And yes, the bull run has begun in my opinion because it can't be a mistake for the market to move from about $15,500 to about $53,000. That's huge. The ETF saga made it start earlier than expected, but I hope this will not negatively affect the main expected bullishness during the post-halving period that people are more anticipating. If enough people have already committed their money to Bitcoin right before the bull-run period, there might be a little remaining to commit their money when the time eventually comes.

I am just saying, nothing is rigid here, but as far as the technical analysis of Bitcoin is concerned, I support the bullish trend of the market in both the short and long-term dispositions.

Have you suddenly forgotten the approval of ETF?
Btw we aren't currently in bull run yet when to believe we are in bull is to have the previous price touched after which we gained another All Time High before believing we are in bull season.
So, for me i think it's only trying to get back it feet from the bear of last season.

Pre halving preparations you mean as the halving hasn't happened yet... And I think we are not yet there imo, what we experiencing is post Spot ETF approval effects and it's unfortunate that we had to experience a dip before the upward movement which might have been a manipulation move for these guys to get some cheap coins from weak hands.
Otherwise with so much pressure from demand, price couldn't be kept low and it will for sure keep soaring...and could be said that the bull is charging.

The approaching halving is only one of the reasons for the current price surge in Bitcoin. But in general, this is only a warm-up, since, based on practice, real bullish market growth is expected only within a year after the halving itself. In the meantime, the price of Bitcoin will rise as positive news appears, but then a correction will occur. Since the price of Bitcoin has risen significantly recently, I expect a correction to occur in the near future. Bitcoin has already stopped its growth and fell below $52,000. Let's see what will happen next.

In the past after the halving is usually when we got a big bull market. However keep in mind that it doesn’t mean this time the same thing will happen.

Look at the etf approvals. Many were expecting the top to form. Because when BTC futures, coinbase and BTC futures etfs launched, it marked the top, this time we assumed it would be the same sell the news event but we already engulfed the prior yearly high and are going higher and higher. So history doesn’t always need to repeat itself.

What I think about the market at the moment is that you should accumulate all the bitcoin you need, you don't have to think about whether it will go down or up, no, you have to buy, you have to accumulate as much as possible, possibly This 2025 should be the reach of a new ATH, but it is not certain, the halbving will only be an effect that will raise the price, of course if it will rise, I don't know how much it can rise, it may be that it reaches $69 again k and make good progress and stay there, for me in 2025 it will be an explosive year, it will possibly be bitcoin and thinking that bitcoin lasts less than 1 year, well you have to start to see how much you are going to buy, that is the best uq can be done.

If we mark these things as possible, it is a fact, it will happen, but you have to have a lot of conviction, we cannot convince those who do not believe, until they believe that now is the time to buy, because at some point the changes will happen. who are insecure because they will understand things well.

It's already the uptrend and we can already call it a bull trend if you are going to compare the price a year ago.
The market is getting better, and with the up coming Bitcoin update, this can also be a good preparation for halving though many are anticipating Bitcoin to have a price correction after halving, which I think is normal since many will sell the news. If you are uncertain about the market trend, better to play long and wait for the peak because its about to happen, we are just waiting for the right timing this year.

Most likely it was the institutional money that is going into the market right now that's why the price suddenly goes off another. I think it's not just the bulls is warming up, it's the whole herd are gathering for a massive run starting this month and it might continue up to the end of the year. And I do agree that there's no need to FOMO, specially for old investors, we already knows what is coming our way. Even if we are in a bull run already, we can still buy and accumulate and then HOLD. As I have said, this run can take years so there's a lot of time for us to make money in the future. If I would be advising, then it's better to sell gradually once we reach 6 digits this year.

This is due to the approaching Halving which will soon occur in a few months. The surge in Bitcoin market capitalization is a sign that many new and old investors are starting to re-enter to take advantage of the halving moment and they are starting to hold until it reaches a new ATH. Bitcoin is close to the last ATH ever surpassed, and Bitcoin will make history again for a new ATH that may occur after the Halving. No need to be too FOMO, just hold on and buy gradually, if the target price is reached then sell to take profit.

With the current market, I believe there are still some fluctuations that make it say that we are already in the bull run but have $52k and just somehow staying there, it has shown that $1.02 trillion is already significant. We know that there are still factors that make the market still rocky because of the implications and regulations of other countries. I believe that it's still volatile and you need to believe that it can just be a warm up but still be ready with the market.

ALT and BTC price has never moved in the same pace but yeah we expect some sort of price action from alt but seems not to be happening which could make this pump a bull trap. But from another perspective; the like of solana, metis, ADA, ETH and few others have also performed.

Let's see how it will all play out.

There is always a correction every market burst of price, for a few weeks maybe stays sideways until bursting again to the next higher highs.

Yes, I would agree that warming up post-halving and could even be more sell-off after halving. The market is still unpredictable, the last time ETF was approved the market also made a downtrend making investors puzzled. It could be manipulated as well. Institutions planning to crash the market the day after halving since they already profit right now. But in a few days also the price will be back up again.