Less than 80 days until the 4th Ever #Bitcoin Halving

dzungmobile

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Quote from: naira on March 25, 2024, 09:02:49 AM

Another cycle to pay attention to is the decline after the halving, we can take advantage of that to take discounts. Because if you reflect on halving in the past, a sharp decline in a few months will again show a stronger reversal. We just need to be a little smart in responding to this year's halving which could be a little different from the previous one.

This cycle is faster than previous cycles as in past cycles, Bitcoin did not make new all time highs before past halvings. It usually takes Bitcoin many months (about a half of year) after the halving to make new all time high.

Are you ready for the Bitcoin bull market? What's your plan? Some ideas for you.

If this bull run lasts like 7 or 8 months after the halving, I believe a new all time high above $73,000 will be made, and much higher from $73,000.

It's true that if you only aim at one cycle, have a plan to take profit is not wrong.

If you are a long term investor, aim at some cycles, check this strategy to withdraw your Bitcoin.

naira

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Quote from: Casdinyard on March 25, 2024, 08:17:20 AM

One thing a lot of us should look out for is the expected dump in value when the halving does arrive. Historically, bitcoin halving dumps are some of if not the harshest crashes in bitcoin prices, with the previous one literally whittling bitcoin down to 3k before it recovered the 10k mark it initially had before the halving. People will both take profit and be disappointed when the halving comes and the price of bitcoin didn't change that much, if you're not ready to succumb to the market's selling pressure by then, I say now's the best time to actually diversify your profits and take the opportunity to buy bitcoin at its possibly lowest price point when it does crash in value. Just saying

One thing of note is that regardless if we sell or not, bitcoin is going to be here forever until we get sick of it or it kicks the digital bucket on itself. So no matter what, crashes are going to be the least of your worries when you're a secured and calculated investor. Take advantage of these moments to actually reap higher benefits instead of riding the panic wave and dumping all your coins cause you just can't take the selling pressure for yourself.

Several alternatives for current holders must have been very well considered, because as you said be wary after the halving. Personally I am also trying to do several alternatives, such as selling a few percent because it is enough to take a profit and holding the rest to gamble on the halving turmoil later. The most important thing is that I have pocketed profits since touching the $73K area.

Another cycle to pay attention to is the decline after the halving, we can take advantage of that to take discounts. Because if you reflect on halving in the past, a sharp decline in a few months will again show a stronger reversal. We just need to be a little smart in responding to this year's halving which could be a little different from the previous one.

btc78

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Quote from: serveria.com on March 23, 2024, 02:33:45 PM

Quote from: masyari on March 23, 2024, 09:49:24 AM

I think that we will see at least one dip before that halving, hope to accumulate a bit more for better price

The dip is under way atm! Actually it's almost over, so hurry up, high time to buy now! Cool

60k seems to be the lowest price at this point before halving.

Thinking that bitcoin’s price would go down again to 50k might be a little optimistic but it wouldn’t stop me from hoping anyway. Buying bitcoin just before halving is extremely important and it is the event you would not want to miss. It would absolutely devastate me to watch halving happen right before my eyes and to be able to do nothing.

So for those who can, please do accumulate as much bitcoin as you can!

Casdinyard

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One thing a lot of us should look out for is the expected dump in value when the halving does arrive. Historically, bitcoin halving dumps are some of if not the harshest crashes in bitcoin prices, with the previous one literally whittling bitcoin down to 3k before it recovered the 10k mark it initially had before the halving. People will both take profit and be disappointed when the halving comes and the price of bitcoin didn't change that much, if you're not ready to succumb to the market's selling pressure by then, I say now's the best time to actually diversify your profits and take the opportunity to buy bitcoin at its possibly lowest price point when it does crash in value. Just saying

One thing of note is that regardless if we sell or not, bitcoin is going to be here forever until we get sick of it or it kicks the digital bucket on itself. So no matter what, crashes are going to be the least of your worries when you're a secured and calculated investor. Take advantage of these moments to actually reap higher benefits instead of riding the panic wave and dumping all your coins cause you just can't take the selling pressure for yourself.

Huppercase

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Quote from: WatChe on February 07, 2024, 10:58:19 AM

Ethereum current shifting from PoW to PoS is clear example of its centralisation. It also has unlimited supply of coins which means coins will keep coming with time and already 120 million Ethereum coins are in circulation according to CMC. Such alt coins are very much linked to bitcoin for price moment. You will see them going up mostly when Bitcoin is up and vice versa. They don't have ability to move on there own and that's why they are classified as useless copy of Bitcoin.

Your points are right and at the same time wrong. Ethereum has moved from proof of work to proof of work due to energy consumption challenges which of course they risk centralized, if you look at the number of staked ETH and validators, you will see that the tokens are been concentrated to one which is the coinbase staking platform. However, Ethereum for now has a fixed total supply, the number has not increased nor reduced for some years which means that no additional supply is coming but the maximum supply is not capped like Bitcoin that has Total supply=Max supply, Ethereum can decide to add coins anytime in the future. Bitcoin has a fix maximum supply of 21M while Ether doesn't.

All other altcoins can't grow on their own unless there is a good news that want th growth of that coin like something positive, this is why most coins tend to have more value during the Bitcoin halving, but when they do, they move 2x, 3x or 10x depending on how demanding that altcoins has been with speculators and traders. If Bitcoin crash today, many altcoins will follow and some may even die in the process.

Jessie2121

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Quote from: Dailyscript on March 23, 2024, 03:27:43 PM

Quote from: Jessie2121 on March 23, 2024, 01:47:35 AM

We have been getting this high drop of Bitcoin price since the beginning of this month without any move to a new all time high. It seems like we're going to have new record of dump in the history of Bitcoin, I think. This isn't how i pictured this year's halving to be and it may surprise us that this year is going to be the worse halving of all time, with Bitcoin going down to maybe $59-40k-. The expected amount isn't suppose to at a price we have come past since last year, $64k is what we have at the moment and many have been waiting patiently to see the price come back up to either $70k or $73k and with time it will start a positive movement to a greater high.

It is certain from my speculation that next week bitcoin will hit above 70k. I am not surprised what has been happening now with bitcoin, a lot of things has been going on from traders, investors ETF and crypto whales. One way or another bitcoin halving is close. My concern on this is that if bitcoin is doing crazy stuff right now, keeping the mind of investors high what will happen after the halving?

However i did not expect bitcoin to go above 74k to 80k. This is because reaching that margin it shows that it is so close to 100k which is my prediction after the halving. This would have raised the hopes of investors to think that above 100k is certain. I am sure of 100k but above 100k i dont think so.

I'm not too certain that the price would make a move to $70k this week, we haven't had that positive vibes to make us believe that it can happen or why if should get to that amount. I was thinking to see the price at $68k before this week runs out but is like we might not get to $68k, the market price is a bit slow with $66k, it will still go back to $62-63k before Wednesday. I just hope that force of getting past $60+ would start up this week. Believe it when I say Bitcoin can get past $100k only if the price stays consistent by not going back down, the biggest changes is on it's way and it will get past that $100k.

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Quote from: qwertyup23 on March 23, 2024, 08:35:11 AM

Quote from: Marvell1 on March 23, 2024, 08:26:28 AM

Quote from: Jessie2121 on March 23, 2024, 01:47:35 AM

We have been getting this high drop of Bitcoin price since the beginning of this month without any move to a new all time high. It seems like we're going to have new record of dump in the history of Bitcoin, I think. This isn't how i pictured this year's halving to be and it may surprise us that this year is going to be the worse halving of all time, with Bitcoin going down to maybe $59-40k-. The expected amount isn't suppose to at a price we have come past since last year, $64k is what we have at the moment and many have been waiting patiently to see the price come back up to either $70k or $73k and with time it will start a positive movement to a greater high.

It's funny that when bitcoin kept increasing in price and touching $73k, everyone was happy and believed that bitcoin would reach $100k this year. But after just a few days bitcoin started correcting to $64k, the majority started to be negative and assumed that bitcoin would fall even further and not be able to go higher after the halving, LOL.

I see bitcoin falling from $73k to $64k as a normal and healthy move. If you think bitcoin has no more bull run this year, I recommend selling all your bitcoin before it drops further. Hurry and sell bitcoin when it costs 64k$ instead you will have to sell bitcoin for 40k$, LOL.

This is a normal response from people who have little to no prior experience in investing in BTC. I mean, by just looking at the price history of BTC every after halving, the price always increases overtime. I do think that this is the perfect opportunity for everyone to take advantage of the halving by investing further with the money that you are willing to lose.

Bitcoin's correction is really an opportunity for us to take advantage of buying more bitcoin before it's too late, but those who do not have a strong stance and lack understanding of the market will definitely miss this opportunity. I just hope everyone should improve their knowledge before investing, don't invest just because of Fomo and be led by the market. Because the end result is just loss.

Personally, I still think we haven't really entered a bullish cycle yet, things are just getting started and the correction is in preparation for a bigger bullish season.

Belarge

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Quote from: masyari on March 23, 2024, 09:49:24 AM

I think that we will see at least one dip before that halving, hope to accumulate a bit more for better price

Accumulate more coins because one ought to be stacked up in profits when it's time. We should prepare our mind for what's coming. We can either make it in halving or lose heavily, the choices selection is ours to make and I'm telling you, I'm not going to fold my hands and watch this opportunities slide away, I'm ready to take the huge risks investing in projects. The long awaited bitcoin halving is getting closer as the days passes by. We just have to nailed solid projects and becoming independent in the market.

Dailyscript

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Quote from: Jessie2121 on March 23, 2024, 01:47:35 AM

We have been getting this high drop of Bitcoin price since the beginning of this month without any move to a new all time high. It seems like we're going to have new record of dump in the history of Bitcoin, I think. This isn't how i pictured this year's halving to be and it may surprise us that this year is going to be the worse halving of all time, with Bitcoin going down to maybe $59-40k-. The expected amount isn't suppose to at a price we have come past since last year, $64k is what we have at the moment and many have been waiting patiently to see the price come back up to either $70k or $73k and with time it will start a positive movement to a greater high.

It is certain from my speculation that next week bitcoin will hit above 70k. I am not surprised what has been happening now with bitcoin, a lot of things has been going on from traders, investors ETF and crypto whales. One way or another bitcoin halving is close. My concern on this is that if bitcoin is doing crazy stuff right now, keeping the mind of investors high what will happen after the halving?

However i did not expect bitcoin to go above 74k to 80k. This is because reaching that margin it shows that it is so close to 100k which is my prediction after the halving. This would have raised the hopes of investors to think that above 100k is certain. I am sure of 100k but above 100k i dont think so.

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Quote from: masyari on March 23, 2024, 09:49:24 AM

I think that we will see at least one dip before that halving, hope to accumulate a bit more for better price

The dip is under way atm! Actually it's almost over, so hurry up, high time to buy now! Cool

Cryptomultiplier

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Quote from: Cryptomultiplier on February 07, 2024, 09:20:21 AM

Quote from: Rabata on February 05, 2024, 12:30:28 AM

Quote from: CryptoBuds on January 30, 2024, 03:41:38 PM

Source: bitget.com

The pool of marginal sellers are drying up day by day🌵,, Could you imagine where the price will go after the halving!!
Actually, I don't think we people understand how big it will be. Before, we always had selling pressure from miners, now we're going to have continued buying pressure.

It will be the historically biggest pump ever we have seen when the selling pressure from GBTC runs out.
However, this financial market is influenced by various factors, price movement is also complex. But the direction is constant, it's only 🚀🚀.
So, I wanna say if you guys were able to work out in which way the price of oil goes then you could make your fate...

What do you think will be the price on halving day??

Bitcoin halving is very close, people's interest in Bitcoin has increased. Big investors of the world have already increased their investments based on this event. Various Bitcoin experts predict that the upcoming halving of 2024 is going to be a significant year for Bitcoin. They estimate that Bitcoin will reach an all-time high of $100,000 before the halving event begins. Again at the end of halving it can be around 250000 dollars. A slight reduction in the reward for miners will lead to an upward trend in the Bitcoin price.

These forecasts are particularly influenced by general market conditions. How bullish the market can be will depend on the behaviour of the market at that time. Halving causes large fluctuations in the price of ordinary bitcoins, but when bitcoin ETF investors are added to it, the price of bitcoins can rise dramatically. Considering that aspect, we can definitely say that the halving of 2024 will play a special role in the Bitcoin price upside.

All Bitcoin enthusiast have been looking forward to this halving event and for someone like me who only got the awareness of Bitcoin not too long ago, this is one event I hope would be favourable for myself and my investment plan.
The price would sure rise to a new ATH and for traders who want to take advantage of this period, the bull run would be expected to take effect from almost 2-3months after the halving has happened.

Consequently, as the halving is nearing, major investors like the U.S and the lucky investors who know how to take hold of opportunities that must not necessarily involve trading or HoDling BTC by DCA, are looking for how to sell off their older Bitcoin mining machines after being refurbished and then they'll upgrade.

The aim of those who would buy these now refurbished mining machines would be to use them in places where they don't have to pay so heavily for electricity, to mine BTC with low operation costs too.

It's a very productive move as not only those who would be taking advantage of the bull run that follows to make profit, would actually be making all the profit.

Countries with cheaper electricity, such as Ethiopia , Tanzania, Paraguay, Uruguay and other minor regions with cheaper alternatives for electricity and cheaper operating costs, should by now already begin to witness an influx of new or already existing crypto mining startups or individual investors and miners with crypto interest.

https://coingape.com/bitcoin-halving-spurs-mass-relocation-of-mining-rigs-to-colorado-springs/

masyari

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I think that we will see at least one dip before that halving, hope to accumulate a bit more for better price

Jessie2121

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Quote from: Marvell1 on March 23, 2024, 08:26:28 AM

Quote from: Jessie2121 on March 23, 2024, 01:47:35 AM

We have been getting this high drop of Bitcoin price since the beginning of this month without any move to a new all time high. It seems like we're going to have new record of dump in the history of Bitcoin, I think. This isn't how i pictured this year's halving to be and it may surprise us that this year is going to be the worse halving of all time, with Bitcoin going down to maybe $59-40k-. The expected amount isn't suppose to at a price we have come past since last year, $64k is what we have at the moment and many have been waiting patiently to see the price come back up to either $70k or $73k and with time it will start a positive movement to a greater high.

It's funny that when bitcoin kept increasing in price and touching $73k, everyone was happy and believed that bitcoin would reach $100k this year. But after just a few days bitcoin started correcting to $64k, the majority started to be negative and assumed that bitcoin would fall even further and not be able to go higher after the halving, LOL.

I see bitcoin falling from $73k to $64k as a normal and healthy move. If you think bitcoin has no more bull run this year, I recommend selling all your bitcoin before it drops further. Hurry and sell bitcoin when it costs 64k$ instead you will have to sell bitcoin for 40k$, LOL.

Honestly it was a thing of joy to see it to that level, it just shows that we all are always happy when we see positivity, it was showing that it would get to $100k and it was getting very close before this quick drop of the price, don't expect people to smile when things ain't going there way and we still have a long way to go before the halving begins. Come on bro, do you think this is healthy compared to when it was moving up to touch the sky? I know the price isn't productive but that doesn't mean we have to sell all we have just because the price is dropping, it won't get to $40k I assure you that.

qwertyup23

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Quote from: Marvell1 on March 23, 2024, 08:26:28 AM

Quote from: Jessie2121 on March 23, 2024, 01:47:35 AM

We have been getting this high drop of Bitcoin price since the beginning of this month without any move to a new all time high. It seems like we're going to have new record of dump in the history of Bitcoin, I think. This isn't how i pictured this year's halving to be and it may surprise us that this year is going to be the worse halving of all time, with Bitcoin going down to maybe $59-40k-. The expected amount isn't suppose to at a price we have come past since last year, $64k is what we have at the moment and many have been waiting patiently to see the price come back up to either $70k or $73k and with time it will start a positive movement to a greater high.

It's funny that when bitcoin kept increasing in price and touching $73k, everyone was happy and believed that bitcoin would reach $100k this year. But after just a few days bitcoin started correcting to $64k, the majority started to be negative and assumed that bitcoin would fall even further and not be able to go higher after the halving, LOL.

I see bitcoin falling from $73k to $64k as a normal and healthy move. If you think bitcoin has no more bull run this year, I recommend selling all your bitcoin before it drops further. Hurry and sell bitcoin when it costs 64k$ instead you will have to sell bitcoin for 40k$, LOL.

This is a normal response from people who have little to no prior experience in investing in BTC. I mean, by just looking at the price history of BTC every after halving, the price always increases overtime. I do think that this is the perfect opportunity for everyone to take advantage of the halving by investing further with the money that you are willing to lose.

Lastly, as someone who has been in this forum since 2017, I have witnessed several price jumps of BTC. Last 2017, the price of BTC was around $4,000 to $5,000. It stayed for a couple of months then it skyrocketed.

Moral of the story: believe in the power of BTC and the natural consequences of halving!

Marvell1

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Quote from: Jessie2121 on March 23, 2024, 01:47:35 AM

We have been getting this high drop of Bitcoin price since the beginning of this month without any move to a new all time high. It seems like we're going to have new record of dump in the history of Bitcoin, I think. This isn't how i pictured this year's halving to be and it may surprise us that this year is going to be the worse halving of all time, with Bitcoin going down to maybe $59-40k-. The expected amount isn't suppose to at a price we have come past since last year, $64k is what we have at the moment and many have been waiting patiently to see the price come back up to either $70k or $73k and with time it will start a positive movement to a greater high.

It's funny that when bitcoin kept increasing in price and touching $73k, everyone was happy and believed that bitcoin would reach $100k this year. But after just a few days bitcoin started correcting to $64k, the majority started to be negative and assumed that bitcoin would fall even further and not be able to go higher after the halving, LOL.

I see bitcoin falling from $73k to $64k as a normal and healthy move. If you think bitcoin has no more bull run this year, I recommend selling all your bitcoin before it drops further. Hurry and sell bitcoin when it costs 64k$ instead you will have to sell bitcoin for 40k$, LOL.

Jessie2121

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We have been getting this high drop of Bitcoin price since the beginning of this month without any move to a new all time high. It seems like we're going to have new record of dump in the history of Bitcoin, I think. This isn't how i pictured this year's halving to be and it may surprise us that this year is going to be the worse halving of all time, with Bitcoin going down to maybe $59-40k-. The expected amount isn't suppose to at a price we have come past since last year, $64k is what we have at the moment and many have been waiting patiently to see the price come back up to either $70k or $73k and with time it will start a positive movement to a greater high.

Oasisman

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Quote from: WatChe on February 04, 2024, 02:00:55 PM

Quote from: traderethereum on February 04, 2024, 12:40:05 PM

Maybe that's what will happen. If we look at the previous halving, no price increase occurred. But the price increase occurred after a few months. It makes people amazed to see what bitcoin is doing.
The bitcoin price slowly started to increase and no one expected it to increase towards the last ATH achieved by Bitcoin. So there is a possibility that we will see the same thing for the next halving so that we are still given time to accumulate bitcoins.
And maybe there will also be a decline in Bitcoin prices before and after the halving so that after the halving, the price will start to increase again until it makes a new ATH.

All we can do is predict about Bitcoin price based on previous halving data. AFAIK there is halving in Jul 2016 and we an ATH in Dec 2017. Next halving was in May 2020 and we saw an ATH in Nov 2021. We have a halving coming in April 2024 and based on previous data we can say that price might go up in 2025 not in this year. It's recommended that we gather Bitcoin and HODL them before the bull run start. This time there might be some shift in pattern because there are too many investors waiting for this halving.

Maybe not particularly in 2025, it could be late this year or a few months after the halving. We are uncertain of how will bitcoin price reacts on the market sentiments and hype this year's halving.
As we closely approaching the next halving, bitcoin seems recovering and closing near the previous ATH. If bitcoin climbs to upto $60k level on or before the halving, a huge possibilities that we're gonna be seeing a new ATH in just a month or two after the 2024 halving. Nevertheless, it is almost guaranteed that we will be seeing a bull run in the post halving.

Jessie2121

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Quote from: hZti on February 14, 2024, 05:20:31 AM

Crazy how fast the price goes up now that the halving is approaching more and more. Let’s hope that it is not a sell the news kind of event Cheesy

The high fees that we are seeing can at least buffer a bit the lower and lower block reward.

The price is some how going up but it doesn't stay up for long with $50-$52k is what we see since the price of Bitcoin hit the amount $50k, is as if it doesn't have to go higher till we get into the new month with the halving on its way and then I feel it will some how go past $52k before the end of the month of February. About the fee, is as if the higher Bitcoin price the higher the fee get but I try to see a different way of it, like I do tell myself it doesn't work that way after much argument with some of my friends but I feel things about the fee is back to normal.

hZti

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Crazy how fast the price goes up now that the halving is approaching more and more. Let’s hope that it is not a sell the news kind of event Cheesy

The high fees that we are seeing can at least buffer a bit the lower and lower block reward.

Jessie2121

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Quote from: ultrloa on February 03, 2024, 04:08:59 AM

Quote from: Jessie2121 on February 02, 2024, 03:52:20 PM

Quote from: AmoreJaz on January 31, 2024, 06:33:28 PM

Quote from: Jessie2121 on January 31, 2024, 12:20:14 PM

I hope that bitcoin price will surprise those investors by showing them a price that they never expected, let me say something like $150k and above because I don't think most of the investors are hoping to see bitcoin go above the current price which is $43k and you would agree with me that the amount we are hoping to see before the halving is not even close to it which may seem to be very poor. Was expecting to see the price to be at $65k but it hasn't gotten close since this year.

well, we will never know what's gonna happen for this upcoming halving. thus, you should prepare for the possibility of what's to come.and collect what you think you can afford in this type of digital investment.

That's true, we never know but that doesn't mean that traders and equally investors should start panicking because the price of Bitcoin doesn't go in their favor. Everything in the crypto world is about risk and if you don't have the courage of holding is best you do the needful. As it is Bitcoin price isn't moving in a positive direction and anytime soon the price might go down.

Nothing to get panic even if their expectations didn't meet for a while and as said there's still plenty of time for bitcoin to go up so getting so tense in current situation cannot help them. If they are worried about other possibilities like a bull run will not happen then I guess they don't have patience to wait and maybe a little more dump will come they are the one who immediately dump their holdings. If they want to hold then sell once halving occur or pass then maybe its better to acquire then forget about it for a while so that any negative effect in the market can affect them and also they can continue to their target that to sell on the timeline they set for their holdings.

I think some trader and investors are on the panic line and they are the cause of this high transaction fee of late. Some who couldn't have that patience can just start selling, right now Bitcoin price is at a high price $51k and the halving is by the corner which I think is going to be an opportunity to hodl. From how it has been bumping I wish to see it at $55k by the end of this month. Honestly I never expected BTC price to be this high in this month of February, I was thinking to see it at $46k because it hasn't been impressive enough since 2 weeks now, so let's watch and see.

Topic: Less than 80 days until the 4th Ever #Bitcoin Halving (Read 868 times)