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Topic: JP Morgan says BTC price could drop after 2024 halving (Read 576 times)

legendary
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Maybe JP wants to accumulate bitcoin when it dumps. That's why he always creates FUD. The bitcoin price has grown without a major correction. So there is a huge chance of a dump before creating a new ATH. It's true; most likely, it will happen when all the hype is over. Investors will start liquidating after halving. This would lead to a major dump and correction before another pump. Since there are a lot of institutional investors already in the markets, they will make money, so they have to sell, obviously. So when they start re-entering, the price will start to move up again. 

Prices are dumping at the time of this writing. I'm sure JP Morgan is taking advantage of the situation to grow its stack of BTC. Why should we follow someone else's opinion to make decisions? What JP Morgan said is true, especially when prices decline shortly after the halving hype. But the bank is emphasizing its comments hoping to cause a huge crash in market prices. Are we going to let it win? Or are we going to keep buying and "hodling" BTC no matter what?

Noobs don't know how crypto works, so they will make blind decisions based on someone else's opinion. I've used to believe all the FUDsters until I've got tired of their schemes. With BTC growing bigger and stronger than ever, don't expect it to fail anytime soon. Who knows if it lasts a lifetime? Smiley
hero member
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Maybe JP wants to accumulate bitcoin when it dumps. That's why he always creates FUD. The bitcoin price has grown without a major correction. So there is a huge chance of a dump before creating a new ATH. It's true; most likely, it will happen when all the hype is over. Investors will start liquidating after halving. This would lead to a major dump and correction before another pump. Since there are a lot of institutional investors already in the markets, they will make money, so they have to sell, obviously. So when they start re-entering, the price will start to move up again.
No one holds the future of bitcoin, and JP Morgan may be true or may be not. The market might actually end up dumping after halving, however, I don’t think the price would drop drastically like that. Gone are the days for $40k price, so most likely bitcoin will touch $60k or $55k might be its dip. Whatever the price will be, at least we should  prepare for it and would not jump into panic selling. Otherwise, we will end up selling at a loss and definitely lose all the chances for future profits when bull run happens.
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According to JP Morgan, Bitcoin could go down to the $40k range after the halving craze is over.
It is his right to predict anything. I think it makes sense if he assumes Bitcoin will drop after the halving is over. Bitcoin already hits a new ATH and may create another ATH in the halving. This may trigger many people to sell their Bitcoin. I am sure there are many people who try to sell their Bitcoin if it can reach $80k during the halving period. If there are too many supply of the Bitcoin in the market, it automatically triggers the price to drop instantly. However, I doubt if Bitcoin will drop to $40k, it is too far from the current price. I only think the Bitcoin will drop again around $60k.

What do you think of Bitcoin's current situation? Will it retain ATHs after the halving? Or will there be a massive bloodbath in market prices?
Bitcoin current trend is still in the uptrend. It looks increasing again after the big drop few days ago. After the halving, I assume there is a correction, but not sure how far it will drop. I don't expect there will be a massive drop in Bitcoin price.

hero member
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They are old school traditional investors. So the logic for them is the ones that has dividends, and usually most places go up in price until dividend period and then go down afterwards. That of course is not true in this case and bitcoin is not skyrocketing until the halving and goes down under. The expectation for a day and increase until then is the reason why the price goes up in both of them so they assumed that afterwards would be the same as well, but it is not

The difference is that when a stock gives out the dividends, there is no reason to keep holding it whereas after bitcoin halving the price still goes up because the supply just got lower as well, well it didn't get lower but it got slower to increase, so the demand staying same still means price goes up.
hero member
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Maybe JP wants to accumulate bitcoin when it dumps. That's why he always creates FUD. The bitcoin price has grown without a major correction. So there is a huge chance of a dump before creating a new ATH. It's true; most likely, it will happen when all the hype is over. Investors will start liquidating after halving. This would lead to a major dump and correction before another pump. Since there are a lot of institutional investors already in the markets, they will make money, so they have to sell, obviously. So when they start re-entering, the price will start to move up again. 

I think that's obvious already, they have set a precedence before, and if I'm not mistaken around 2017-2018, Jamie Dimon created a lot of noises about Bitcoin and go on a full attack mode. And that time we really don't know what's the intention of Dimon and JP Morgan on why they suddenly attack BTC.

And later we found out that after a huge dump, they bought a lot of Bitcoin and then sell it in a profit and they are all laughing going to the bank and cashing it out. So this could be the same as well so we must be careful of what JP Morgan will have to say specially negative things again.
legendary
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JP doesn't hold the future of Bitcoin and he has nothing other than speculating. But can't say he is absolutely wrong but the possibility is not close to such a thing as I still believe that the market is not totally changing, still history repeats itself, and still see bullish after halving the opposite from an expert JP Morgan views.

Anyway, whatever happens in the coming days we have no choice but to accept it. Can't still change the fact that the market is unpredictable and can't argue who is right or wrong but possible all of us went wrong. It is not a big deal for me for JP Morgan to say that as he is not even the one who controls the market.
However, if JP Morgan is right somehow, then I don’t think it will be a big threat for us. In fact, we have been expecting a sudden price correction any moment from now, and if it happens, I’m sure a lot would be glad to enter the market and start accumulating bitcoin at a cheaper price. Even JP Morgan I guess will take advantage of the current price dips, that’s why he’s been creating a hype in the middle of a bullish market.

One thing is certain, whatever is bound to happen will happen, and we have no control on that. It could be an advantage or a disadvantage, it depends on how you view the situation and analyze the concept. But for me, if JP Morgan might be right this time, then I would continue DCA again to maximize my bitcoin portfolio while the opportunity is here.
sr. member
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JP doesn't hold the future of Bitcoin and he has nothing other than speculating. But can't say he is absolutely wrong but the possibility is not close to such a thing as I still believe that the market is not totally changing, still history repeats itself, and still see bullish after halving the opposite from an expert JP Morgan views.

Anyway, whatever happens in the coming days we have no choice but to accept it. Can't still change the fact that the market is unpredictable and can't argue who is right or wrong but possible all of us went wrong. It is not a big deal for me for JP Morgan to say that as he is not even the one who controls the market.
legendary
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Maybe JP wants to accumulate bitcoin when it dumps. That's why he always creates FUD. The bitcoin price has grown without a major correction. So there is a huge chance of a dump before creating a new ATH. It's true; most likely, it will happen when all the hype is over. Investors will start liquidating after halving. This would lead to a major dump and correction before another pump. Since there are a lot of institutional investors already in the markets, they will make money, so they have to sell, obviously. So when they start re-entering, the price will start to move up again. 
legendary
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First of all, JP Morgan used to criticize bitcoin at every step.
Just watch this. JP Morgan CEO tells people not to buy bitcoin because it's only use case is fraud and money laundering and that was when bitcoin was worth half of what it is now Wink He also said bitcoin does nothing and gold is better because it's limited in supply. This guy doesn't know what he's talking about and you want to take his company's advice? Be my guest.


Halving is not just a hype. It's an actual change in the network that makes it more expensive to mine new bitcoin. Every single coin mined after the halving will have to be sold for twice more than it is now.
I don't care if bitcoin dips after the halving because of speculators. It will be worth more and its real value will manifest itself in the coming months. $100k by the end of the year, you'll see. If you want to play their game and try to buy the dip if it comes, do it. Just don't come crying if you get liquidated because it's their game, they're in control and they will play with leveraged positions, that I'm sure of.
legendary
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What do you think of Bitcoin's current situation? Will it retain ATHs after the halving? Or will there be a massive bloodbath in market prices? Do you think the halving is already priced in? What would you do? Sell or keep "hodling"? Your input would be greatly appreciated. Thank you. Smiley
The media can manipulate the price of bitcoin, this has been the case very often. If you look at Elon Musk and twitter, many people know how the prices of bitcoin and meme coins have changed when he has tweeted. The current sitaution of bitcoin is probably driven by the trend of ETFs, they have pump the price up a lot. As long as ETFs are so popular, the price of Bitcoin will continue to rise. I dont think the offer will be so large over time, the new coins mined every day will no longer be able to balance out the demand for bitcoins after the halving, in the long term.
sr. member
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There is a time for halving and we don't know that what will be the situation after halving but I think it will totally depends on the selling percentage as if more people are selling bitcoin then it's obvious that price will goes down.

It is unknown that at what range the price of bitcoin will reach during halving so after halving prediction is something difficult. I think once we enter into the halving period then price will be more than 80k$ because now it is 73k$ and is still growing.

If halving repeat its history then there is a clear chance that after halving we will see pumping price but eventually people will take their benefit so after a Bull season we will see a bear season and its normal.
legendary
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People always expect that Bitcoin will rise after halving because once every 4 years, the Bitcoin block reward is split in half but demand increases, which results in a massive bullish market. This year there is a very different situation. This is the first time that Bitcoin got ETF approval and a massive amount of money flooded into it. Bitcoin ETF is as important an event as halving, so in fact, we are experiencing double halving to say it otherwise. Bitcoin will rise even higher after halving and in one year it will reach one of the highest levels of price. Then, it will definitely crash, that's inevitable, when the bubble grows too much, it has a limit where once that gets reached, the bubble will burst and price will crash.

Of course it will crash. It can't keep rising at a non-stop rate. We must take the opportunity to buy more coins at a discount when the crash happens. Once prices rise back up again, it'll be a good time to sell. But most people don't believe in market corrections. They want quick money without all of the pains associated with investing.

I'm afraid most will get "rekt" due to poor investment decisions. The crypto market is like a rollercoaster ride. There are times where BTC and alts go up, and there are times where they go all the way down the drain in an instant. Who cares about what JP Morgan says? As long as Bitcoin "sticks" to the principles of decentralization + censorship-resistance, there should be nothing to worry about. Cheesy
legendary
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What I see about this is that JP Morgan may want the market to crash so that he can buy more bitcoin at lower price. It will surprise him and see how he failed in his analysis when bitcoin get to $100000. What I can say is that people should not listen to him because he is analyzing the market in a wrong way or for his personal reasons.

The thing is, JP Morgan might actually be right here.

Although whatever Jamie Dimon continues to spout about Bitcoin is bollocks.

When you got so many people buying like this, the price is bound to go even a little bit down sooner or later, because many of those said people will sell.

Surprisingly I cant find any strong market influencer like Elon Musk in this market, JP morgan cant take his place and cant be trusted to predict the market. I want to believe will pump then slow down after the halving,then we will have small shaking before the parabolic that can only give us above 100k and massive altcoins pump

Elon is not even an influencer. He's a bona fide shitposter who happens to be followed by millions of whales and degen traders who then trade according to his tweets.
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Well its literally inevitable that btc will drop. It's just what always happens. Best to stick to your intuitions take advantage of it and if its HELLA low like last year, HODL it.
legendary
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I am leaning towards the scenario where bitcoin will hit $100K and then there will be a correction. But I don't think people will take profits when bitcoin hits $100k, most people aim to sell bitcoin when it hits $100k. But with bitcoin's current phenomenal growth rate, people will definitely raise their goals higher, I'm pretty sure of this. When the greed of the crowd reaches its peak, it will be the right time for bitcoin to correct and cause panic. And I believe the bull season won't end soon after that, we will have a bigger bull run after bitcoin hits $100k and corrects.
Seems JP Morgan learned with the last halving edition price dropping drastically after halving time and he make bit prediction about the bitcoin price after this halving time. Actually could be true or wrong with JP Morgan prediction depend on supply and demand based on investors keep hold their bitcoin or sell it exactly if can raise to $100k before halving time.
JP Morgan have personal interests with his prediction bitcoin will drop after halving and make many people panic sell their bitcoin assets before halving and he has chance to buy back on lower price, during bitcoin price keep stable don't make your self scare and get panic moment selling bitcoin assets what ever prediction by some one else because most of them try to get advantage buy back bitcoin on lower price.
As I said before, I don't care about JP's predictions and what their intentions are, what I'm saying is that what I'm saying is my prediction for the market. Also, I think bitcoin's rise or fall has little to do with supply and demand, what's happening is more manipulative than what's happening naturally. I feel that since the ETF was approved, our game has completely changed and things are largely being dictated by the forces of Wall Street. So I think they will continue to use the same scenario when ETFs are approved to manipulate us again, and sooner or later the majority of bitcoin will fall into their hands.
full member
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I am leaning towards the scenario where bitcoin will hit $100K and then there will be a correction. But I don't think people will take profits when bitcoin hits $100k, most people aim to sell bitcoin when it hits $100k. But with bitcoin's current phenomenal growth rate, people will definitely raise their goals higher, I'm pretty sure of this. When the greed of the crowd reaches its peak, it will be the right time for bitcoin to correct and cause panic. And I believe the bull season won't end soon after that, we will have a bigger bull run after bitcoin hits $100k and corrects.
Seems JP Morgan learned with the last halving edition price dropping drastically after halving time and he make bit prediction about the bitcoin price after this halving time. Actually could be true or wrong with JP Morgan prediction depend on supply and demand based on investors keep hold their bitcoin or sell it exactly if can raise to $100k before halving time.
JP Morgan have personal interests with his prediction bitcoin will drop after halving and make many people panic sell their bitcoin assets before halving and he has chance to buy back on lower price, during bitcoin price keep stable don't make your self scare and get panic moment selling bitcoin assets what ever prediction by some one else because most of them try to get advantage buy back bitcoin on lower price.
The scenario of panicking many people so that they sell bitcoin at a cheap price is familiar to me. because this happens very often.
but lucky for those who are not affected by such, because it is true, it only scares away new investors who are not yet mature with its stance and its persistence with bitcoin.

as you said, they want to take more profit by buying bitcoin at a cheap price in that scenario.
sr. member
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Surprisingly I cant find any strong market influencer like Elon Musk in this market, JP morgan cant take his place and cant be trusted to predict the market. I want to believe will pump then slow down after the halving,then we will have small shaking before the parabolic that can only give us above 100k and massive altcoins pump
sr. member
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I am leaning towards the scenario where bitcoin will hit $100K and then there will be a correction. But I don't think people will take profits when bitcoin hits $100k, most people aim to sell bitcoin when it hits $100k. But with bitcoin's current phenomenal growth rate, people will definitely raise their goals higher, I'm pretty sure of this. When the greed of the crowd reaches its peak, it will be the right time for bitcoin to correct and cause panic. And I believe the bull season won't end soon after that, we will have a bigger bull run after bitcoin hits $100k and corrects.
Seems JP Morgan learned with the last halving edition price dropping drastically after halving time and he make bit prediction about the bitcoin price after this halving time. Actually could be true or wrong with JP Morgan prediction depend on supply and demand based on investors keep hold their bitcoin or sell it exactly if can raise to $100k before halving time.
JP Morgan have personal interests with his prediction bitcoin will drop after halving and make many people panic sell their bitcoin assets before halving and he has chance to buy back on lower price, during bitcoin price keep stable don't make your self scare and get panic moment selling bitcoin assets what ever prediction by some one else because most of them try to get advantage buy back bitcoin on lower price.
full member
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Big Bitcoin whales usually make negative announcements like this to drive the Bitcoin market down and wait to buy Bitcoin. Their announcements often result in massive dumping in the Bitcoin market, and many of their whales buy Bitcoins and adopt holding plans. These whales then usually make positive announcements in the market and resell the bitcoins, taking huge profits.
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Sure it would be overly optimistic not to expect a correction at least before we continue the bull journey and I bet a lot of weak hands would be selling during the correct just what they wanted, what i see here is a plot to take bitcoin off retail investors and in full control by the big players, else what is the reason buying so much off the current supply and as it Is if a bear or correction where to happen it should triggered by a massive selling like when Grayscale was selling massive to delay the bull or cause a little dip, let's just see what happens as it is I'm just a spectator of whatever happens next.
Grayscale selling pressure is huge but it is absorbed very good by Bitcoin Spot ETFs that have net buying demand is bigger than what Grayscale can sell generally.

So buying demands since January is bigger than selling demands include sellings from Grayscale.

Grayscale themselves are trying to stop withdrawal requests from their customers by submit Grayscale Bitcoin Mini Trust with cheaper service fee as their effort to keep their customers stay in Grayscale and won't move to other Bitcoin Spot ETFs.

https://www.grayscale.com/blog/general-updates/what-is-grayscale-bitcoin-mini-trust
sr. member
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History has shown us that Bitcoin's market price goes up after each halving. But this time's different. Especially when institutional investment companies are buying up most of the circulating supply. BTC reached a new ATH right before the anticipated halving event of April 2024. Prices are going up, and everybody's happy. But what if there's a big market correction once the hype ends? According to JP Morgan, Bitcoin could go down to the $40k range after the halving craze is over. So we'll be seeing the inverse effect of what used to happened before spot ETFs became a thing in the crypto industry. You can read all about it here: https://www.theblock.co/post/279833/jpmorgan-bitcoin-price-april-halving

What do you think of Bitcoin's current situation? Will it retain ATHs after the halving? Or will there be a massive bloodbath in market prices? Do you think the halving is already priced in? What would you do? Sell or keep "hodling"? Your input would be greatly appreciated. Thank you. Smiley

In bitcoin long history you woudl always find that person or persons that always try to speculate shot about bitcoin telling us what would happen and what woudl not, besides it's just speculation even a 12 year 9ld can come online write an article about how he feels that bitcoin woudl drop to 1$ and blah blah blah, I feel jo Morgan is wrong or might not be wrong who knows, but it's better I make decisions based on facts and not someone saying shit, everyone was sure that the bullrun had started right after the ETF was approved and big companies started buying off most of the current supply if bitcoin and this caused the pump, so I can say that unless something strong enough to counter this cation or they decide to start selling then I want ever jp Morgan is saying is just some opinion that has no backbone to it, anyway we can't know what to expect so it's better to stay smart and prepared for anything but really I'm not bothered never had any plans of selling this bullrun, wanna practice some diamond hands  Grin.

Yes, it could, and for smart investors, it's going to be a final buying opportunity, I crave a massive retrace in Bitcoin price, to be honest, but I don't like getting too emotional, I am not so bullish and I am also not too bearish, I have to learn to not lose my sense about the market anymore, whatever happens, is very welcome in my world.

Either this is coming from JP Morgan or not, I already believe that a correction is possible, even down to 20% but that doesn't mean it will happen, instead of trying this hard to figure out what the future will bring, it's better to be prepared for both possible outcome.

Have some stable coins in your crypto wallet, for taking opportunities when they come, and go back to your life and keep smiling, you have some Bitcoin and also some stablecoins, this is a win/win situation.

Sure it would be overly optimistic not to expect a correction at least before we continue the bull journey and I bet a lot of weak hands would be selling during the correct just what they wanted, what i see here is a plot to take bitcoin off retail investors and in full control by the big players, else what is the reason buying so much off the current supply and as it Is if a bear or correction where to happen it should triggered by a massive selling like when Grayscale was selling massive to delay the bull or cause a little dip, let's just see what happens as it is I'm just a spectator of whatever happens next.
legendary
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Most of the answers are very bullish and no one believes that bitcoin will correct after the halving but bitcoin often tends to go against the crowd.  I just want to remind everyone that, when the ETF was approved, everyone believed that bitcoin would continue to rise higher, but the results after that were probably clear to everyone. I believe that scenario will continue to be reused by market makers. I don't care about JP Morgan's prediction, but the scenario of bitcoin adjusting after halving is completely possible and I have also thought about this. I'm still waiting for that to happen and we'll see who's right.

Same thoughts here, JP Morgan to me isn’t even stating something extraordinary from what the whole crowd knows, we might all be bullish on bitcoin base on the funds we have on it but we cannot take out the fact that there will be correction, Morgan isn’t even exact certain with his prediction, after halving can still be two years from now. As for me a price of bitcoin hitting anything close to $100k we will see a correction, because this is the price target I assumed many people have set out to take profits, either it is after halving (which is the most realistic thing now) or even before it

I am leaning towards the scenario where bitcoin will hit $100K and then there will be a correction. But I don't think people will take profits when bitcoin hits $100k, most people aim to sell bitcoin when it hits $100k. But with bitcoin's current phenomenal growth rate, people will definitely raise their goals higher, I'm pretty sure of this. When the greed of the crowd reaches its peak, it will be the right time for bitcoin to correct and cause panic. And I believe the bull season won't end soon after that, we will have a bigger bull run after bitcoin hits $100k and corrects.
legendary
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Saying that investment companies are buying most of circulating supply is a huge overstatement. They're buying a lot, but that 'a lot' amounts only to a few percent. It's around 1% (4% by some generous estimates) of the circulating supply when it comes to Bitcoin ETFs altogether, 1% of the circulating supply in BlackRock (although it's probably included in the 4% estimate I've mentioned above).
I still believe that Bitcoin's price has nothing to do with Bitcoin halving events, and that's why sometimes it's up, sometimes it's down, sometimes it's up after a significant amount of time, etc.
Bitcoin going down "after halving" is a vague phrase because both summer of 2024 and spring of 2025 are "after halving".
legendary
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In addition, always stockpiling USDT is something everyone should do (USDT always accounts for 20-30% of our assets) because when bitcoin corrects, it will be an opportunity for us.


Maybe one day you wake up and realize that this so-called stablecoin is frozen in your wallet, or that the whole scheme collapsed because the authorities finally proved that the tether guys "print" their tokens without being backed by anything. You know what's worse than keeping your savings in fiat? The fact that you keep it in some kind of tokens backed by a private company that can fail at any moment...
legendary
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Yes, it could, and for smart investors, it's going to be a final buying opportunity, I crave a massive retrace in Bitcoin price, to be honest, but I don't like getting too emotional, I am not so bullish and I am also not too bearish, I have to learn to not lose my sense about the market anymore, whatever happens, is very welcome in my world.

Either this is coming from JP Morgan or not, I already believe that a correction is possible, even down to 20% but that doesn't mean it will happen, instead of trying this hard to figure out what the future will bring, it's better to be prepared for both possible outcome.

Have some stable coins in your crypto wallet, for taking opportunities when they come, and go back to your life and keep smiling, you have some Bitcoin and also some stablecoins, this is a win/win situation.


Frankly, no one has a crystal ball to know what tomorrow will bring, it's all just predictions. I was also thinking about this scenario, bitcoin won't drop anytime soon this month but there could be a big correction after the halving. But as I also said, those are just predictions and nothing is certain, and if we are a smart investor, we should always plan for both outcomes.

In addition, always stockpiling USDT is something everyone should do (USDT always accounts for 20-30% of our assets) because when bitcoin corrects, it will be an opportunity for us.
sr. member
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Yes, it could, and for smart investors, it's going to be a final buying opportunity, I crave a massive retrace in Bitcoin price, to be honest, but I don't like getting too emotional, I am not so bullish and I am also not too bearish, I have to learn to not lose my sense about the market anymore, whatever happens, is very welcome in my world.

Either this is coming from JP Morgan or not, I already believe that a correction is possible, even down to 20% but that doesn't mean it will happen, instead of trying this hard to figure out what the future will bring, it's better to be prepared for both possible outcome.

Have some stable coins in your crypto wallet, for taking opportunities when they come, and go back to your life and keep smiling, you have some Bitcoin and also some stablecoins, this is a win/win situation.
sr. member
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What do you think of Bitcoin's current situation? Will it retain ATHs after the halving? Or will there be a massive bloodbath in market prices? Do you think the halving is already priced in? What would you do? Sell or keep "hodling"? Your input would be greatly appreciated. Thank you. Smiley
A big short will still occur but resistance is still strong enough to support prices because demand after last year's halving and demand after this year's halving clearly have strong differences. What I did was send a number of Bitcoins in preparation for the Halving, as a retailer who can only use it for necessities, of course you already know what to do so as not to miss this rare moment. While there are still disputes out there regarding large institutional holdings in Bitcoin, we still need profits in fiat.
legendary
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What do you think of Bitcoin's current situation? Will it retain ATHs after the halving? Or will there be a massive bloodbath in market prices? Do you think the halving is already priced in? What would you do? Sell or keep "hodling"? Your input would be greatly appreciated. Thank you. Smiley

I don't trust the predictions of some of these presumed crypto analysts. The process of conducting such research might be faulty and researchers might be biased which might affect the outcome of the findings. Also, JP Morgan has made severe predictions that were highly erroneous. On November 05, 2015, J.P. Morgan Chase CEO Jamie Dimon declared Bitcoin dead at the Fortune Global Forum in San Fransisco. Nobody will expect me to believe this prediction because Bitcoin has become unpredictable. This halving and Spot Bitcoin ETF has changed the Bitcoin cycle to a large extent. What I know is that Bitcoin price is controlled by the force of demand and supply. If the supply is low and demand is high the price will rise and vice versa. There might be a correction caused by profit taking but the price will still rise and my prediction is $100k. I see such news as FUDs, maybe Morgan Chase wants to buy some cheap Bitcoins but they don't such power to influence the market. 

https://cointelegraph.com/news/jp-morgan-chase-ceo-jamie-dimon-bitcoin-is-going-to-be-stopped
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I don't dare to speculate more because market players are focusing on BTC and of course that makes the market very excited. If I predict the market with certainty, I think no one can. Yes. Although this is only one scenario that may occur in the future, where there is the potential for a decline in Bitcoin prices after the halving trend ends.

Whether it will be real or not, if JP Morgan has spoken, it usually happens because many people really listen to the old man's advice and he is also a respected person.
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No one can control the market and it is not easy to predict the ups and downs of the market. All investors are optimistic and assume that the value of Bitcoin will be much higher than this. The price tends to decrease after the increase but if the number of competitors in the market increases, the price of bitcoin will reach a higher position. JP Morgan says the basis for this statement is much less.
legendary
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JP Morgan says BTC price could drop after 2024 halving
History has shown us that Bitcoin's market price goes up after each halving. But this time's different.
This is not accurate.

What this statement is missing is the time-frame.
History clearly shows that right after the halving there is a drop. It is natural too and it is not surprising at all. A lot of people buy bitcoin because of halving "hype" and these people cash out when that hype ends. But such drops are never massive. You have to keep in mind that there is a difference between a correction and a crash. After halving we have a correction not a crash. Meaning price is unlikely to reach $40k.

In long term after halvings we have the bigger rise start. This bigger rallies lead to the eventual bubble.

The only reason why we are setting a new ATH before halving this time is just because due to global economic situation the cycles are broken and previous bubble-burst duo was left early and without reaching the top.
legendary
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I’ve been reading articles from all these hedge funds about bitcoin and various stocks and the conclusion is that they don’t know what they are talking about 50% of the time.

Half the predictions are correct and the other half are not. No point in reading anything that they write.

They are your competition pretty much on the open market so why would they give you any stock tips?
sr. member
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OP, if you have any faith in what JPM puts out to the public every now and then, it might be wise to sell now and wait for their "prophecy" to come true. I, on the other hand, do not listen to what bankers, crazy politicians and old entrepreneurs say, because otherwise I would invest in gold, stocks and bonds, and not in Bitcoin.

The same JPM published another "spectacular" analysis a few months ago Roll Eyes

J.P. Morgan Thinks the Big Crypto Rally Is Overdone
JPM and Peter Schiff always say such over negative speculations and they usually feel happy when they see Bitcoin falls, corrections a little bit or crashes.

They feel happily in short term because they only can take falls, corrections, crashes as their proofs that Bitcoin is not good for investors. They can not have other evidence for their statement and disbelief in Bitcoin and only can borrow those things to attack Bitcoin and want to make impacts on Bitcoin investors.

They in reality, fail with their attempts over years because Bitcoin has been continuing to rise, more and more, from yearly min prices to all time highs.
https://buybitcoinworldwide.com/stats/yearly-candles/

hero member
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History has shown us that Bitcoin's market price goes up after each halving. But this time's different. Especially when institutional investment companies are buying up most of the circulating supply. BTC reached a new ATH right before the anticipated halving event of April 2024. Prices are going up, and everybody's happy. But what if there's a big market correction once the hype ends? According to JP Morgan, Bitcoin could go down to the $40k range after the halving craze is over. So we'll be seeing the inverse effect of what used to happened before spot ETFs became a thing in the crypto industry. You can read all about it here: https://www.theblock.co/post/279833/jpmorgan-bitcoin-price-april-halving

What do you think of Bitcoin's current situation? Will it retain ATHs after the halving? Or will there be a massive bloodbath in market prices? Do you think the halving is already priced in? What would you do? Sell or keep "hodling"? Your input would be greatly appreciated. Thank you. Smiley
I would think there are high chances of this happening, the market has been moving even faster than the most positive expectations that we had and at some point a correction may come, and the halving could be the moment in which this happened, as many investors are still hoping for an even greater increase on the price once it happens, but if the market moved sideways for a few days after it, many of those people may get desperate and sell their coins for a loss, causing the market to experiment a change on the current trend.
hero member
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What do you think of Bitcoin's current situation? Will it retain ATHs after the halving? Or will there be a massive bloodbath in market prices? Do you think the halving is already priced in? What would you do? Sell or keep "hodling"? Your input would be greatly appreciated. Thank you. Smiley

What I now believe in crypto is that no price is impossible. Crypto price analysts and experts use the previous chart and candles, plus other tools, to predict the ups and downs of the market, but those tools are not designed to pull up or down the market after a price has been predicted. JP Morgan has only dropped his own prediction based on his interest that the Bitcoin price will fall to $40k+ and he will use the opportunity to buy more,while there are also many people (investors) who have also predicted and are praying for the price to continue to surge.

The fact is that we can use the previous price chart to predict the next movement but still get disappointed because the crypto market is not regulated by anyone. It can become volatile in any direction that we thought it may not trend in.

Personally, I am predicting that Bitcoin will reach $100k before the end of the year, but whichever way, I know I will still benefit. If it falls to $40k, it's a better opportunity to bag more, and if it still surges high, that's another opportunity to take profit.
sr. member
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It doesn’t have to be so much of a decline that one will refer to it as a bloodbath. It is possible that there would be a decline in value after the halving happens. Obviously volatility alone explains the possibility. I also think that when the halving happens, Bitcoin price wouldn’t be far from what it is today. So yes, it’s already priced in. But we are all speculating as none of us is able to control the market.
full member
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History has shown us that Bitcoin's market price goes up after each halving. But this time's different. Especially when institutional investment companies are buying up most of the circulating supply. BTC reached a new ATH right before the anticipated halving event of April 2024. Prices are going up, and everybody's happy. But what if there's a big market correction once the hype ends? According to JP Morgan, Bitcoin could go down to the $40k range after the halving craze is over. So we'll be seeing the inverse effect of what used to happened before spot ETFs became a thing in the crypto industry. You can read all about it here: https://www.theblock.co/post/279833/jpmorgan-bitcoin-price-april-halving

What do you think of Bitcoin's current situation? Will it retain ATHs after the halving? Or will there be a massive bloodbath in market prices? Do you think the halving is already priced in? What would you do? Sell or keep "hodling"? Your input would be greatly appreciated. Thank you. Smiley

Mate, we should be done with JP Morgan, we have seen what they have done or what the narratives of them saying this and that on Bitcoin market.

So to answer, yeah, we will have a new all time high in 2025, despite what perma-bulls or those entities that something bad to say on Bitcoin and on the contrary keep buying and looking for big profits like JP Morgan.

Yes, they are one of the most successful banks, but it doesn't mean that we will believed everything what they say.
True! In fact, bitcoin already surpassed its previous ATH, and the bitcoin price right now is circulating at $70k, and JP Morgan says that the bitcoin price will drop after the halving event. Haha, little he knows people right now are already halving and that's the cause of bitcoin being bullish right now. Take note that this is not the actual bull run, so there is still a correction, but I don't think that it will take a huge dip. Based on what we are seeing, the bitcoin price is more on the up trend, meaning those investors are not selling their bitcoin until it skyrockets. I believe in the bitcoin community; they will not sell their assets right away. I got the feeling that we are all the same that we want bitcoin to raise up more and more, and it is possible as long as no big investors will sell their bitcoin.
full member
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History has shown us that Bitcoin's market price goes up after each halving. But this time's different. Especially when institutional investment companies are buying up most of the circulating supply. BTC reached a new ATH right before the anticipated halving event of April 2024. Prices are going up, and everybody's happy. But what if there's a big market correction once the hype ends? According to JP Morgan, Bitcoin could go down to the $40k range after the halving craze is over. So we'll be seeing the inverse effect of what used to happened before spot ETFs became a thing in the crypto industry. You can read all about it here: https://www.theblock.co/post/279833/jpmorgan-bitcoin-price-april-halving

What do you think of Bitcoin's current situation? Will it retain ATHs after the halving? Or will there be a massive bloodbath in market prices? Do you think the halving is already priced in? What would you do? Sell or keep "hodling"? Your input would be greatly appreciated. Thank you. Smiley

Mate, we should be done with JP Morgan, we have seen what they have done or what the narratives of them saying this and that on Bitcoin market.

So to answer, yeah, we will have a new all time high in 2025, despite what perma-bulls or those entities that something bad to say on Bitcoin and on the contrary keep buying and looking for big profits like JP Morgan.

Yes, they are one of the most successful banks, but it doesn't mean that we will believed everything what they say.
Everyone including JP Morgan is entitled to their opinion. Bitcoin's price increases based on demand. The initiatives it develops alongside it as it grows like the spot ETF recently, helps to make sure it remains committed to dominating the cryptocurrencies market for a long time.
People always say what they want many atimes, but when it comes to BTC, crypto signal groups couldn't do as much as to correctly predict what might happen next, and even if the whales start moving.
We just HoDL and hope and observe how the market unfolds after the halving has happened.
hero member
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History has shown us that Bitcoin's market price goes up after each halving. But this time's different. Especially when institutional investment companies are buying up most of the circulating supply. BTC reached a new ATH right before the anticipated halving event of April 2024. Prices are going up, and everybody's happy. But what if there's a big market correction once the hype ends? According to JP Morgan, Bitcoin could go down to the $40k range after the halving craze is over. So we'll be seeing the inverse effect of what used to happened before spot ETFs became a thing in the crypto industry. You can read all about it here: https://www.theblock.co/post/279833/jpmorgan-bitcoin-price-april-halving

What do you think of Bitcoin's current situation? Will it retain ATHs after the halving? Or will there be a massive bloodbath in market prices? Do you think the halving is already priced in? What would you do? Sell or keep "hodling"? Your input would be greatly appreciated. Thank you. Smiley

Mate, we should be done with JP Morgan, we have seen what they have done or what the narratives of them saying this and that on Bitcoin market.

So to answer, yeah, we will have a new all time high in 2025, despite what perma-bulls or those entities that something bad to say on Bitcoin and on the contrary keep buying and looking for big profits like JP Morgan.

Yes, they are one of the most successful banks, but it doesn't mean that we will believed everything what they say.
legendary
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What I see about this is that JP Morgan may want the market to crash so that he can buy more bitcoin at lower price. It will surprise him and see how he failed in his analysis when bitcoin get to $100000. What I can say is that people should not listen to him because he is analyzing the market in a wrong way or for his personal reasons.

Such negative statements by these people never passed any weightage because everyone knows the inside they always play under this shady public statement. On his analysis, I cant say he's wrong or right but a temporary shake-off is highly possible and for the Bull run's peek it's one of the catalysts. I'm expecting the market to close around below 100k by the end of the year for the real ATh of the cycle we need to wait for 2025.

The push back is already done in the market and the retail investment is on the way and its just a matter of time before changing the public narrative that they won't see Bitcoin below 50k anymore.
hero member
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Exactly. Everybody's happily talking about BTC going up. But you will see the majority panic selling once there's a market correction. It could either happen this year, or the following one. JP Morgan could've said those comments to buy more BTC at a discounted price. Who knows?
It is crypto anything can happen, bad news is enough to dump the whole market, for example, SEC delisting or disapproving BTC ETFs, but that's not going to happen anytime soon, but for a moment imagine. There could be many other news that can dump the BTC. Before it was the amount of BTC that the US held in seizure which is a lot, and once they will sell them all in this year the price has to be dumped, but according to the market's sentiments, it can consume that BTC as well. As buying is happening now.

The point is, I have also heard from some analysts in the news that BTC might take correction after halving, but that's not for sure, it can be a biased prediction, and they might want to sell the news for their own goods. The thing we should consider here most is, what actually we want from this correction, all of the investors want two things, want to exit the market with some profit before this correction, second they want to make an entry again after the correction. But in the long run, why take this risk what if no correction occurs? So hold what you have, and do DCA if you want to buy. We all know till 2025 or after 2024 a new ATH is going to be made.
sr. member
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What I see about this is that JP Morgan may want the market to crash so that he can buy more bitcoin at lower price. It will surprise him and see how he failed in his analysis when bitcoin get to $100000. What I can say is that people should not listen to him because he is analyzing the market in a wrong way or for his personal reasons.

This is the strategy that many whales try and every time gets success in this. They use the power of social media and their fanbase to create such hype for which the price always goes down. Elon Musk already did this with Doge, and now it is being tried with Bitcoins. So it will only affect if more people sell the coin by freaking out. I don’t think this will happen any near soon. So let’s just enjoy the ATH phase of the coin.
Things like this always happen when Bitcoin is bullish because that is their strategy to be able to collect Bitcoins in their pockets and the internet and all social media are their strategy. Because it is one of their effective action strategies and makes many people panic because of their action, and this will be very influential for many beginners.
And as for JP Morgan, I'm tired of his behavior, because he always expresses very disrespectful opinions about Bitcoin, but it doesn't work for those who already know about it, especially those or old investors.
full member
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What do you think of Bitcoin's current situation? Will it retain ATHs after the halving? Or will there be a massive bloodbath in market prices? Do you think the halving is already priced in? What would you do? Sell or keep "hodling"? Your input would be greatly appreciated. Thank you. Smiley
If you look at the direction of Bitcoins rally after every rally there is usually a short dip.
Bitcoin nearing $80'000 excites people but in the meantime there is some fear as to whether this is the right place or will be more like a temporary dip. And I don't think Bitcoinwill take that deep sdio now that the Havling is near and Bitcoin has, The Bitcoin correction is underway, but according to expert analysis,it is not expected to drop below $66,000.

I agree with you there.  After those huge rallies, Bitcoin seems to need a bit of a rest period before it picks up steam again and  the excitement can only be sustained for so long before things settle down. 

But predicting where the bottom will be is tricky business.  The crypto market has a mind of its own sometimes.  Even the experts can only make their best guesses that the floor might be around $66,000. The market moves fast and sentiment can shift pretty quickly.  I try not to put too much faith into any single number, but I also hope that we will not go below 60k ever again.
hero member
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What do you think of Bitcoin's current situation? Will it retain ATHs after the halving? Or will there be a massive bloodbath in market prices? Do you think the halving is already priced in? What would you do? Sell or keep "hodling"? Your input would be greatly appreciated. Thank you. Smiley

JP Morgan isn't a fortune teller or someone who knows the future, he is making assumptions and he is most probably doing that to spread FUD so that people start selling their holdings the market takes a plunge and he can fill his bag with low priced sats, that's what these so-called influential people do. So people shouldn't give much attention to such things, even if the market does that, we don't need to make it happen ourselves.
What I think about the current situation is that it's surprising, no doubt, but since this happened, I expect Bitcoin to at least touch $80k before the halving or before we see some correction but only if it manages to go above $75k.
sr. member
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What do you think of Bitcoin's current situation? Will it retain ATHs after the halving? Or will there be a massive bloodbath in market prices? Do you think the halving is already priced in? What would you do? Sell or keep "hodling"? Your input would be greatly appreciated. Thank you. Smiley
If you look at the direction of Bitcoins rally after every rally there is usually a short dip.
Bitcoin nearing $80'000 excites people but in the meantime there is some fear as to whether this is the right place or will be more like a temporary dip. And I don't think Bitcoinwill take that deep sdio now that the Havling is near and Bitcoin has, The Bitcoin correction is underway, but according to expert analysis,it is not expected to drop below $66,000.
hero member
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History has shown us that Bitcoin's market price goes up after each halving. But this time's different. Especially when institutional investment companies are buying up most of the circulating supply. BTC reached a new ATH right before the anticipated halving event of April 2024. Prices are going up, and everybody's happy. But what if there's a big market correction once the hype ends? According to JP Morgan, Bitcoin could go down to the $40k range after the halving craze is over. So we'll be seeing the inverse effect of what used to happened before spot ETFs became a thing in the crypto industry. You can read all about it here: https://www.theblock.co/post/279833/jpmorgan-bitcoin-price-april-halving

What do you think of Bitcoin's current situation? Will it retain ATHs after the halving? Or will there be a massive bloodbath in market prices? Do you think the halving is already priced in? What would you do? Sell or keep "hodling"? Your input would be greatly appreciated. Thank you. Smiley
People always expect that Bitcoin will rise after halving because once every 4 years, the Bitcoin block reward is split in half but demand increases, which results in a massive bullish market. This year there is a very different situation. This is the first time that Bitcoin got ETF approval and a massive amount of money flooded into it. Bitcoin ETF is as important an event as halving, so in fact, we are experiencing double halving to say it otherwise. Bitcoin will rise even higher after halving and in one year it will reach one of the highest levels of price. Then, it will definitely crash, that's inevitable, when the bubble grows too much, it has a limit where once that gets reached, the bubble will burst and price will crash.
copper member
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What I see about this is that JP Morgan may want the market to crash so that he can buy more bitcoin at lower price. It will surprise him and see how he failed in his analysis when bitcoin get to $100000. What I can say is that people should not listen to him because he is analyzing the market in a wrong way or for his personal reasons.

This is the strategy that many whales try and every time gets success in this. They use the power of social media and their fanbase to create such hype for which the price always goes down. Elon Musk already did this with Doge, and now it is being tried with Bitcoins. So it will only affect if more people sell the coin by freaking out. I don’t think this will happen any near soon. So let’s just enjoy the ATH phase of the coin.
legendary
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the correction down to $40k if it happens, may just be a quick drop in price and will come back to start going up again after a week or two. yes it's possible. i believe the chart says so. the continous rise of demands is keeping the price up though.

just bear in mind that halving will always make the supply less compared to the demand which the demand these days is much higher than what it was in the previous years and this is because of the ETFs.
legendary
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What do you think of Bitcoin's current situation? Will it retain ATHs after the halving?
I don't think that we need JPMorgan (or anyone else for that matter) to tell us that bitcoin may have correction after halvening.

As for my opinion, I think we are due for a proper correction before we go more up. Then again, many of us are expecting exactly that, meaning there is a good chance that it won't happen and that Bitcoin continues going up slowly with only minor corrections.
legendary
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Most of the answers are very bullish and no one believes that bitcoin will correct after the halving but bitcoin often tends to go against the crowd.  I just want to remind everyone that, when the ETF was approved, everyone believed that bitcoin would continue to rise higher, but the results after that were probably clear to everyone. I believe that scenario will continue to be reused by market makers. I don't care about JP Morgan's prediction, but the scenario of bitcoin adjusting after halving is completely possible and I have also thought about this. I'm still waiting for that to happen and we'll see who's right.

Exactly. Everybody's happily talking about BTC going up. But you will see the majority panic selling once there's a market correction. It could either happen this year, or the following one. JP Morgan could've said those comments to buy more BTC at a discounted price. Who knows?

No matter what happens in the future, you can rest assured it will never go to $0. If demand stays high after each halving, BTC will become much more valuable in the long run. It's the best-performing asset on Earth. Maybe it will go as far as "toppling" Gold's market cap? Cheesy
sr. member
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so when he says it can go down he wants people to sell now to make people become the trigger of a fall.. thus create a self fulfilling prophecy.. so he can buy at a discount to current prices
JP Morgan should be tired of  their strategy of manipulation to get people to impulsively being to sell off their bitcoin. Well only the uniformed would do so. We are familiar with their schemes. Anyone who FOMOs now is doing so at their own peril. These big guys will come on-air and say stuff like this, they will just scare the fainthearted and after that the fainthearted sell their bitcoin, then they buy it at lower price. Anyone who has been investing in bitcoin within the last two years should know this really well.
hero member
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Whatever.

Correction, dump, drop, or whatever he calls. It's normal for Bitcoin to have some correction during these all time highs. But the good thing with this moment is that we're not yet in halving and we're anticipating more to come.

Whether it will be before or after the halving, just expect that there will be some corrections as taking profits are essential for most investors.
legendary
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OP, if you have any faith in what JPM puts out to the public every now and then, it might be wise to sell now and wait for their "prophecy" to come true. I, on the other hand, do not listen to what bankers, crazy politicians and old entrepreneurs say, because otherwise I would invest in gold, stocks and bonds, and not in Bitcoin.

The same JPM published another "spectacular" analysis a few months ago Roll Eyes

J.P. Morgan Thinks the Big Crypto Rally Is Overdone
member
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What I see about this is that JP Morgan may want the market to crash so that he can buy more bitcoin at lower price. It will surprise him and see how he failed in his analysis when bitcoin get to $100000. What I can say is that people should not listen to him because he is analyzing the market in a wrong way or for his personal reasons.

The analysis is made of self interest, from what I am seeing the ATH will continue even if ATL occur it will not return to this $42000 as analyzed by him, which ever ways I believe even if it drop is an opportunity to accumulate and hold.
sr. member
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What do you think of Bitcoin's current situation? Will it retain ATHs after the halving? Or will there be a massive bloodbath in market prices? Do you think the halving is already priced in? What would you do? Sell or keep "hodling"? Your input would be greatly appreciated. Thank you. Smiley
no one is certain on what the price would be after the halving and whatever you've seen out their is mere sentimental opinion that's just based on what they want out of the market.

After seeing how bullish the current market is, it's not strange that you will find a lot of people waiting for another bearish season just so they can come into the market. Some might have sold and made some profit out of their previous investment and might be looking out for a perfect opportunity to buy at the best DIP. I guess that's the angle JP Morgan is coming from.
member
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        JP Morgan is simply creating tensions in the market,  because many people will sell and believe what he is saying which isn't possible, I do tell people what this companies, media do is to use there influence to create liquidity in the market for there own benefit.
  He simply looking for a room where people will sell there bitcoin, thereby making his Bank buy cheaper bitcoin.
      Keep holding bitcoin, and also buy more. The media is the only means they can use to create tension and pressure in the market.
 
     Past history shows after halving bitcoin pumps more, even if bitcoin drops after halving it doesn't mean bitcoin won't rise, the bullrun will last till September 2025.
Only Patient bitcoiners will benefit.
hero member
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Most of the answers are very bullish and no one believes that bitcoin will correct after the halving but bitcoin often tends to go against the crowd.  I just want to remind everyone that, when the ETF was approved, everyone believed that bitcoin would continue to rise higher, but the results after that were probably clear to everyone. I believe that scenario will continue to be reused by market makers. I don't care about JP Morgan's prediction, but the scenario of bitcoin adjusting after halving is completely possible and I have also thought about this. I'm still waiting for that to happen and we'll see who's right.

Same thoughts here, JP Morgan to me isn’t even stating something extraordinary from what the whole crowd knows, we might all be bullish on bitcoin base on the funds we have on it but we cannot take out the fact that there will be correction, Morgan isn’t even exact certain with his prediction, after halving can still be two years from now. As for me a price of bitcoin hitting anything close to $100k we will see a correction, because this is the price target I assumed many people have set out to take profits, either it is after halving (which is the most realistic thing now) or even before it
legendary
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Most of the answers are very bullish and no one believes that bitcoin will correct after the halving but bitcoin often tends to go against the crowd.  I just want to remind everyone that, when the ETF was approved, everyone believed that bitcoin would continue to rise higher, but the results after that were probably clear to everyone. I believe that scenario will continue to be reused by market makers. I don't care about JP Morgan's prediction, but the scenario of bitcoin adjusting after halving is completely possible and I have also thought about this. I'm still waiting for that to happen and we'll see who's right.
sr. member
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Jamie Dimon again and he does not change himself.

Bitcoin is a fraud.
Bitcoin is dead.
Bitcoin will fall/ fail.

But he can not ignore benefit for his bank, JP Morgan by adding more new services for their customers to use the bank and access to Bitcoin and cryptocurrency market.

JPMorgan's Dimon says bitcoin 'is a fraud'
JPMorgan to give all wealth clients access to crypto funds.

hero member
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 I believe he's looking for a pullback buying opportunity after the halving, normally with my experience in the previous Bitcoin Halvingsq, there are few occasions where we had Bitcoin got a major correction after the halving and whereas in some cases too, we have had the price going forward just with a minor correction post Halving, therefore no one can actually tell which direction that Bitcoin will take post Halving, and besides Bitcoin does whatever thing it wants to do at any given time.

So, from my perspective, if Bitcoin keeps increasing in price towards Halving, there's a chance we will get a correction post Halving Because, then the RSI must have gone way overbought because we already touched the 70% overbought area on daily timeframe, but if we eventually get a correction pre-Halving, then I kind of think we will head higher after Halving without the supposed pullback.
hero member
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History has shown us that Bitcoin's market price goes up after each halving.

It is very possible that we should experience a dump in the market immediately after halving this year, because such period will also b e characterized by high volatility, we are also likely not to see this happening, but if we may go by the way the bitcoin market pattern goes immediately after the approval of bitcoin spot ETFD, the market goes dip and later now we are here at it again on bullrun.

So in such period we can realized a dump in the market price but that is not going to be a long term experience and even if it does, we have the other alternative and convincing assurance that bitcoin will surge back and we are going to form more new all time highs till the last one is marked for the halving, this may extend between that time to 2025.
sr. member
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What do you think of Bitcoin's current situation? Will it retain ATHs after the halving? Or will there be a massive bloodbath in market prices? Do you think the halving is already priced in? What would you do? Sell or keep "hodling"? Your input would be greatly appreciated. Thank you. Smiley

I think that what is certain is that we're going to experience a massive bull run, because the Bitcoin ETF has created more awareness for it, the adoption has increased significantly, so more investors are flooding in to invest and have an experience of the bull season's ROI. I feel that after halving we can experience some price fluctuations, pretty much what is happening now, but it won't dip to $45k, as estimated by JP Morgan, it won't affect price to reach the estimated $150k or above in the peak of bull run. So far I'm focusing on the peak of bull run, I'll keep hodling.
full member
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If history repeats and often it does, the price goes up right after halving but will be then soon followed by a bear run. I think we can blame this on investors taking their profits after a whopping bull run  Grin

Calling this all ‘hype’ is an understatement. Yes, it will go down but take this as an opportunity to keep buying bitcoin as I am sure it will also keep increasing even after a bear run

I get it. The hype is real but you're right it's an understatement. Seeing the downturn as a buying opportunity aligns with a strategic approach since Bitcoin's resilience often means it bounces back even after a bear run. It's like a cycle and ride the highs, weather the lows and use the dips to accumulate more. It's not just hype because it's a chance to play the long game in a volatile market
legendary
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Merit: 4766
when JPmorgan wants people to sell he will be the one buying
when JPmorgan wants people to buy he will be the one selling

he WANTS people to sell now to get the price down again before 2025 so he can buy cheap coin before the 2025 (pattern) next ATH trigger year

so when he says it can go down he wants people to sell now to make people become the trigger of a fall.. thus create a self fulfilling prophecy.. so he can buy at a discount to current prices
hero member
Activity: 784
Merit: 672
Top Crypto Casino
JP Morgan isn't sure what he's saying, this time Bitcoin will again move upwards after the halving event. In fact this time the market is moving much faster even before the halving event. JP Morgan will see that his sayings will all be wrong when Bitcoin reaches or crosses $80k value during the halving event. Everyone who wants Bitcoin will be lucky if Bitcoin drops back to $40k, they will accumulate a lot of it.
full member
Activity: 2520
Merit: 214
Eloncoin.org - Mars, here we come!
If history repeats and often it does, the price goes up right after halving but will be then soon followed by a bear run. I think we can blame this on investors taking their profits after a whopping bull run  Grin

Calling this all ‘hype’ is an understatement. Yes, it will go down but take this as an opportunity to keep buying bitcoin as I am sure it will also keep increasing even after a bear run
legendary
Activity: 1624
Merit: 1200
Gamble responsibly
What I see about this is that JP Morgan may want the market to crash so that he can buy more bitcoin at lower price. It will surprise him and see how he failed in his analysis when bitcoin get to $100000. What I can say is that people should not listen to him because he is analyzing the market in a wrong way or for his personal reasons.
legendary
Activity: 3220
Merit: 1363
www.Crypto.Games: Multiple coins, multiple games
History has shown us that Bitcoin's market price goes up after each halving. But this time's different. Especially when institutional investment companies are buying up most of the circulating supply. BTC reached a new ATH right before the anticipated halving event of April 2024. Prices are going up, and everybody's happy. But what if there's a big market correction once the hype ends? According to JP Morgan, Bitcoin could go down to the $40k range after the halving craze is over. So we'll be seeing the inverse effect of what used to happened before spot ETFs became a thing in the crypto industry. You can read all about it here: https://www.theblock.co/post/279833/jpmorgan-bitcoin-price-april-halving

What do you think of Bitcoin's current situation? Will it retain ATHs after the halving? Or will there be a massive bloodbath in market prices? Do you think the halving is already priced in? What would you do? Sell or keep "hodling"? Your input would be greatly appreciated. Thank you. Smiley
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