Topic: the halving will end the downtrend of the last price circle (Read 495 times)
Historically, prices seem to tank immediately after the halvening before beginning to rise. Although the halvening potentially marks the beginning of the bull run, chances are prices could move to the downside or consolidate for a while before rallying.
bitcoin will begin its new uptrend journey soon
it will be better if a small alts season comes during the gap before the pump of btc
Altcoin season may come but I won't rely on 'may' because nothing is certain in this crypto world, instead of waiting for price surge better get paid through trading, it might take months before real bull run finally takes place it will be better if a small alts season comes during the gap before the pump of btc
bitcoin will begin its new uptrend journey soon
it will be better if a small alts season comes during the gap before the pump of btc
These speculations were proven wrong because the halving is already completed but as we can see its nothing happen. Only the Bitcoin has gaining price stability in the meantime, but the truth is most of the top-ranking cryptocurrencies have remained the same. thats why I believe that halving is not the reason for any Bullish market trend that happened before. or maybe I'm wrong so let's wait and see. it will be better if a small alts season comes during the gap before the pump of btc
Yeah, its better for I am holding some altcoins too.
But, for what exchange?
Reason behind a sudden pump of altcoin could be investors selling bitcoin for it.
Would you like that idea?
Will they release another wave of money just to buy an altcoin? I doubt that.
But, for what exchange?
Reason behind a sudden pump of altcoin could be investors selling bitcoin for it.
Would you like that idea?
Will they release another wave of money just to buy an altcoin? I doubt that.
It's kinda impressive to see Bitcoin still holding strong to this day, things are going separately from past halving history, I never knew Bitcoin can be this strong, many are expecting huge dump but I doubt that's gonna happen
This halving did not effect right away in the previous halving. It take likes 1 week or 2 before it went down so I guess we will be seeing it in coming days or weeks and then a sudden rise up in the price after. Hopefully it will be better than any other halving in years back. bitcoin will begin its new uptrend journey soon
it will be better if a small alts season comes during the gap before the pump of btc
it will be better if a small alts season comes during the gap before the pump of btc
There were lots of talks about how the price of Bitcoin will turn out to after the halving. More than 90% of crypto price speculators said the trend will follow the same of what happened in the last halving, that is drastic reduction in the price of BTC. However, the reverse was the case now as the price of BTC kept on soaring after the halving.
bitcoin will begin its new uptrend journey soon
it will be better if a small alts season comes during the gap before the pump of btc
it will be better if a small alts season comes during the gap before the pump of btc
I'm ok with the price movement right now. market going up and down but at least it's still showing an uptrend, we'll going to be ok even if we are in the pandemic, much more if the vaccine is out in the market, we just keep hoping for the vaccine and we'll just keep buying while the price is low, but only invest when you have spare money to invest.
It's kinda impressive to see Bitcoin still holding strong to this day, things are going separately from past halving history, I never knew Bitcoin can be this strong, many are expecting huge dump but I doubt that's gonna happen
As harsh as it may sound but I think the current halfing won't have much effect on the price of the crypto currency because if the macro economic factors affecting the globe.
I believe that over time, cryptocurrency will only develop and improve and the next growth season will not take long. Bitcoin along with altcoins will again receive a record price and even higher than it was in 2017.
It's so difficult for bitcoin to break 10k resistance and if this will not be going to happen and just wait for the time until bitcoin will be going down again to the 7k level. if bitcoin doesn't break 10k and you must not expect the price of bitcoin will touch more than the ATH that already achieved by bitcoin.
The price is trading around $8500 to $10000 and the price will try to break the resistance and if it does not happen then you can even expect a correction. I am expecting a good correction before the rally starts.
I wish we could have this kind of wild swings forever lol.
I don't have a concrete stance on this yet but I do approve of the reduced sell pressure and it may increase price slowly instead of doing a crazy pump like most people want.
It is better as you said but we can't be sure of what will happen to the altcoins.
They may have that good season before btc finally pump. Actually it is starting to pump now as well as some of the altcoins. But the fact that it may end the last price circle isn't sure yet.
It is hard to expect some market trends. Since halving ended, more investors are looking forward for that huge price pump that will going to happen.
They may have that good season before btc finally pump. Actually it is starting to pump now as well as some of the altcoins. But the fact that it may end the last price circle isn't sure yet.
It is hard to expect some market trends. Since halving ended, more investors are looking forward for that huge price pump that will going to happen.
bitcoin will begin its new uptrend journey soon
it will be better if a small alts season comes during the gap before the pump of btc
Not so sure about that. Bitcoin volatilty just show that we may not end up the same journey like the last time it went ATH. Halving surely decrease its supply but will miners stays as it is? Of course there are some who loses their apetite to continue due to the rewards being cut by half. Im not sure but we can feel its effect as the miners fee increases by fold and this is because of lack of enough pool to accept those hashes.it will be better if a small alts season comes during the gap before the pump of btc
The only way miners can benefit is to assure the btc value to increase so even with smaller reward they can still earn almost same for the expenditures they are occuring.
We could predict what would likely happen to the market, most especially bitcoin, but most times, our predictions are wrong. In fact, we tend to be taken by surprises. Although not everyone expected big change before the halving, however, the little it was also able to d do, some didn't expect. it is possible that even if the market will make corrections, it might not be so pronounced and the next right be a fast price growth.
Well, I'm quite excited about the uptrend that Halving will bring. However, looking at the current situation, it looks like the effect is not that big. however, we need time to look at the effects that can occur on the price of bitcoin. however, the price of bitcoin could be above $ 10k in the near future, but it looks like for now, we need to wait to see high prices.
Seem like we need more a patience since bitcoin just stable at $9600-$9200 even if this continue I believe that bitcoin will dump soon. There will be many investor who expected to pump for bitcoin price but it is not happened. Whereas we already know that the cost to mine is high enough and that will make some miners decided to go out and make the bitcoin hash rate decreased. I think that is one factor who will make bitcoin price slump down. A
I believe that over time, cryptocurrency will only develop and improve and the next growth season will not take long. Bitcoin along with altcoins will again receive a record price and even higher than it was in 2017.
However, a few days ago after bitcoin price risen to $10.000 it was fallen again to $8700. Seem like there are many investor who sell at $10.000 because there are a lot of speculation that bitcoin will reach $10.000 before halving happened.
The price is trading around $8500 to $10000 and the price will try to break the resistance and if it does not happen then you can even expect a correction. I am expecting a good correction before the rally starts. Many persons anticipated a huge spike in the price of bitcoin after the halving but things did not go that way, we may see some dumping as a result, bitcoin will eventually spike. A lot of alts are shitty coins and may never see much growth. The increase in bitcoin dominance tells the story on the worth of many alts
There is anticipation but the price of bitcoin will not rise just after halving, if anyone expected the magic genie to explode right after halving, then they are just dreaming, the alt coin market does have a lot of dead projects and coins which have no use and those coins will die eventually. The dominance of one coin does not make them better than the other, we will see what all coins will survive in the next ten years.
Many persons anticipated a huge spike in the price of bitcoin after the halving but things did not go that way, we may see some dumping as a result, bitcoin will eventually spike. A lot of alts are shitty coins and may never see much growth. The increase in bitcoin dominance tells the story on the worth of many alts
bitcoin will begin its new uptrend journey soon
it will be better if a small alts season comes during the gap before the pump of btc
it will be better if a small alts season comes during the gap before the pump of btc
the possibility of bitcoin will move to the lowest point when half of bitcoin occurs, after that it might take time to increase its value again, but I believe the price of bitcoin will experience a sharper trend to increase when half of bitcoin occurs, as history has happened in years- previous year.
More than that bitcoin halving event is already happened exactly in 12 May 2020 ago. Also your prediction is wrong, the fact bitcoin had increased and touched $10.000.
However, a few days ago after bitcoin price risen to $10.000 it was fallen again to $8700. Seem like there are many investor who sell at $10.000 because there are a lot of speculation that bitcoin will reach $10.000 before halving happened.
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