What is going to happen with Bitcoin now? - page 4.

beerlover

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Quote from: Marvell1 on May 10, 2024, 06:10:17 AM

Besides bitcoin hitting its ATH before halving due to the impact of bitcoin ETFs, I think history is repeating itself again. The bull season will not come immediately when the halving ends, we need from 6 months to 1 year for the bull season to really come and the fourth quarter of this year is the perfect time.

The market is still the same, it's just that investor psychology is changing, I also made the mistake of expecting too much from the impact of the ETF. But looking back now, I see that history is still repeating itself. After the halving, it will be a pretty boring time for the market before the bull season comes.

A lot of newbies expressed the same disappointment as OP that there wasn't any price increase after the halving. But if they are not speculators and do not intend to get rich quickly, then a bitcoin correction is always a good opportunity, not a time of panic and dumping.

That is true, we are going to see the rise around the late of this year. I am sensing about November should be the small start, there will be a small bull, then on December it will be even bigger bull and then we are going to see just insane increases without a doubt, things that we can't even imagine. like for example I say 100k but I am sure that if 200k happens I would definitely be shocked and yet still can't say it would be unexpected, we need to make sure that we are going to do fine in the end.

We can't keep thinking that things will go worse, we need to realize that we are going to end up with something good in the end. So, just realize that things aren't always that great for people who sell and not wait, because we will go up for sure.

Essential10

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Quote from: GIF-JOBS on May 04, 2024, 12:29:41 PM

I have seen that after this Bitcoin halving, the price of Bitcoin has decreased a lot. As far as I know that after every halving the price of bitcoin increases exponentially and it increases about 3 to 4 times, but this time I saw that the price of bitcoin has decreased a lot after halving, but I have seen in several places that they say the price of bitcoin is halving. After that it will decrease a bit and then it will increase rapidly. As such, after checking the market today, I saw that After the fall in the price of Bitcoin, the price is slowly increasing again. Bitcoin price was below 57K three days ago and today Bitcoin price is $63,585.10. Does that mean we will see a Bitcoin bull market now? Or will it decrease again? What is your view on Bitcoin?

I didn't feel like the price had dropped much. Bitcoin rose to an all-time high of $73k before the halving and then fell slightly after the halving. After halving the value will increase but not so fast where it becomes 3-4 times, Bitcoin is always a long term investment and long term investment where Bitcoin investment has to be held for a long time because the value increases slowly. It may take several more years for prices to rise to 3-4 from the current market, but it's never too soon. After the halving Bitcoin price was mostly above $60k, we saw a short period of Bitcoin price at $57k. Now I think those who invested in Bitcoin should hold on to it and plan to reinvest I don't think it's wrong. I am optimistic that very soon we will gradually enter a bull market where the Bitcoin price will enter new highs.

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you don't expect much at Q2 of this year its just gonna be price swing all the year around but its also gonna be a great way or time to accumulate the coin that you are trying to invest though.

the price always doing some zig zag, between sub $60k and above $60k but this also means that the price recovery is obvious at the slightest good market news the price already recovering back.
this could also be sign that market is still bullish otherwise if its bearish price would've decreased so much probably we gonna see massive price dumping.
but right now it doesn't seem to be the case though, current price isn't decreasing a lot and the selling orders aren't really that much.
so there's nothing to worry about, the market is still well, just waiting the right moment.

STT

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Until BTC breaks its boundaries its sitting there, just idling kicking its legs floating. At most we get BTC moving from one end of the range to the other but its repeating this continually without new action. This makes us all guessing till it can do something new, I do guess positively but I will only commit to that on the long term view otherwise known as year to year. So by my reckoning we can sit at this price or nearby till year end in fact I predicted that in Jan as my general guess, we did rise rapidly after Jan but its showing its roots and stalling right now; in my view BTC is acting as it should.

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Quote from: fuguebtc on May 11, 2024, 09:56:00 AM

Yeah, I still don't see anything too serious happening, although bitcoin has corrected in the past 1 month, the bitcoin price is still high and not too far from the ATH it created before. As a bitcoin investor, we all know that bitcoin is very volatile and compared to previous dumps, this correction is small, insignificant. But I don't understand why the OP thinks it's serious.

I guess before investing, OP did not carefully learn about the history and volatility of bitcoin and he mistakenly thought that the bull season would come immediately after the halving. Currently, he is feeling disappointed and depressed because things are not going as he thought.

But whatever, OP, we are getting very close to bull season, I hope you can get through this period, don't give up now if you don't want to regret it later.

I don't think is normal for someone to just invest in bitcoin before halving and expect to make serious profits after halving because bitcoin is not a ponzi scheme where someone could invest and expect 10x of it within few month or for just the first month of their investment. As an investor he must learned to be patient and wait till the we gradually sink into the bull run, then could sell as he wishes if he is not holding for long term other than short term. Most time people who invest in short term always feels disappointed towards the overall performance of bitcoin.

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Quote from: aylabadia05 on May 10, 2024, 03:42:40 AM

Quote from: GIF-JOBS on May 04, 2024, 12:29:41 PM

I have seen that after this Bitcoin halving, the price of Bitcoin has decreased a lot.

Do you want Bitcoin to continue to rise and never go down? If that is what is desired, then it will never happen given the normal ups and downs of movement.
The price after the halving is like the current market price is boring, but we will enter a new price history which will be the highest price above $100k.
Before the halving, Bitcoin had several times reached prices that exceeded the previous ATH. If you compare Bitcoin's current price of $63k with the price before the halving, I think the current conditions are still good.

Yeah, I still don't see anything too serious happening, although bitcoin has corrected in the past 1 month, the bitcoin price is still high and not too far from the ATH it created before. As a bitcoin investor, we all know that bitcoin is very volatile and compared to previous dumps, this correction is small, insignificant. But I don't understand why the OP thinks it's serious.

I guess before investing, OP did not carefully learn about the history and volatility of bitcoin and he mistakenly thought that the bull season would come immediately after the halving. Currently, he is feeling disappointed and depressed because things are not going as he thought.

But whatever, OP, we are getting very close to bull season, I hope you can get through this period, don't give up now if you don't want to regret it later.

aylabadia05

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Quote from: bangjoe on May 10, 2024, 01:11:51 PM

Quote from: aylabadia05 on May 10, 2024, 03:42:40 AM

Maybe if we look at the weekly or monthly time frame we can see a bigger out look in seeing the price movement of bitcoin, for sure we have passed the highest ATH limit in 2021, and now we are forming support to continue the increase after the formation of a new ATH, this could potentially go up before 2025, or we will finish it in 2025.

We who choose to become a holder of many benefits from various circumstances and long -term investors will not face a panic situation when they see market conditions even though they can only speculate on weekly and monthly prices.
When people are in market conditions that are considered to have decreased after Halving, they forgot that before Halving occurred several times Bitcoin had passed the previous ATH.
Yes. The current position of the market is looking for new support to reach strong bullish. May occur in 2025.

Quote from: bangjoe on May 10, 2024, 01:11:51 PM

Patience is the key to investing, but continue DCA or collecting bitcoins slowly on every dip.

Yes. DCA has always been the recommended method for collecting Bitcoin consistently.

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Quote from: rodskee on May 10, 2024, 10:10:08 PM

Bitcoin is still strong mate standing now at 60k and above and I believe this is enough to not call bitcoin
decreasing a lot because its not , bitcoin is still in the highest form so i believe that what will happen is much
better in the coming days or at least months from now?

True. Still quite safe and still very good price, but for those who are not used to (beginners) with this market correction is also enough to make them bored and of course boredom will be born in their minds in waiting for price increases, especially the more purchased the price decreases.

Quote from: Bulltard on May 10, 2024, 04:13:09 PM

you wanna know why numba go up one day and numba go down the next?
just follow this and you'll know why:
https://sosovalue.xyz/assets/us-btc-spot

And it's a good reference to look at and read as well. Many items are smelly to look at.

rodskee

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Quote from: GIF-JOBS on May 04, 2024, 12:29:41 PM

I have seen that after this Bitcoin halving, the price of Bitcoin has decreased a lot. As far as I know that after every halving the price of bitcoin increases exponentially and it increases about 3 to 4 times, but this time I saw that the price of bitcoin has decreased a lot after halving, but I have seen in several places that they say the price of bitcoin is halving. After that it will decrease a bit and then it will increase rapidly. As such, after checking the market today, I saw that After the fall in the price of Bitcoin, the price is slowly increasing again. Bitcoin price was below 57K three days ago and today Bitcoin price is $63,585.10. Does that mean we will see a Bitcoin bull market now? Or will it decrease again? What is your view on Bitcoin?

Bitcoin is still strong mate standing now at 60k and above and I believe this is enough to not call bitcoin
decreasing a lot because its not , bitcoin is still in the highest form so i believe that what will happen is much
better in the coming days or at least months from now?

Quote from: Bulltard on May 10, 2024, 04:13:09 PM

Quote from: GIF-JOBS on May 04, 2024, 12:29:41 PM

I have seen that after this Bitcoin halving, the price of Bitcoin has decreased a lot. As far as I know that after every halving the price of bitcoin increases exponentially and it increases about 3 to 4 times, but this time I saw that the price of bitcoin has decreased a lot after halving, but I have seen in several places that they say the price of bitcoin is halving. After that it will decrease a bit and then it will increase rapidly. As such, after checking the market today, I saw that After the fall in the price of Bitcoin, the price is slowly increasing again. Bitcoin price was below 57K three days ago and today Bitcoin price is $63,585.10. Does that mean we will see a Bitcoin bull market now? Or will it decrease again? What is your view on Bitcoin?

you wanna know why numba go up one day and numba go down the next?
just follow this and you'll know why:
https://sosovalue.xyz/assets/us-btc-spot

no need to be a brain surgeon to understand.
etfs inflows = green day
etfs outflows = red day

simple answer but more than enough to stop the panicking and to understand what is going on now.

Russlenat

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Quote from: aylabadia05 on May 10, 2024, 03:42:40 AM

Quote from: GIF-JOBS on May 04, 2024, 12:29:41 PM

I have seen that after this Bitcoin halving, the price of Bitcoin has decreased a lot.

Do you want Bitcoin to continue to rise and never go down? If that is what is desired, then it will never happen given the normal ups and downs of movement.
The price after the halving is like the current market price is boring, but we will enter a new price history which will be the highest price above $100k.
Before the halving, Bitcoin had several times reached prices that exceeded the previous ATH. If you compare Bitcoin's current price of $63k with the price before the halving, I think the current conditions are still good.

Bitcoin is highly volatile so expect that it will never stay in a fixed price but will continue to fluctuate from time to time. I think that’s more than an asset for bitcoin that keeps the people from entering the market. So don’t put too much worries while seeing bitcoin price at a decreased price, it will eventually recover in time and even hit another price increase. Just be patient and learn to understand the nature of bitcoin. If you are in rush to get quick profits, then obviously you will fail on that as based on what I see, it may take couple of months first before we will see a good price increase.

serjent05

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Quote from: michellee on May 10, 2024, 07:18:50 AM

Bitcoin prices will rise again but we have to be patient to wait. Currently, the price of Bitcoin is gathering strength to rise higher. Many people predict Bitcoin's highest price may be above $100k-$150k, which could happen this year or next.

I think the price will start to move up after the middle of this year. But maybe Bitcoin still hasn't started to rise quickly but can rise slowly so that many people don't realize it. Whatever it is, we can only prepare to welcome its arrival.

It is highly possible since there is still a month or two before that happen. By that time, it is possible that whales had completed their accumulation and may possibly turn on the switch to hype the Bitcoin market.

Quote from: michellee on May 10, 2024, 07:18:50 AM

Bitcoin bull run is coming. We just need to prepare ourselves well to get a good moment to sell Bitcoin at a high price. The current correction persists, and who knows how long it will end. But we are at the end of a weekend when Bitcoin is experiencing its usual correction.

Well, we should not worried about how long the dip will stay, rather, we should be happy that we can buy Bitcoin at a lower price before the expected Bitcoin bull run comes.

Quote from: legendbtc on May 10, 2024, 11:20:24 AM

After 2 days of bitcoin recovering and moving to $63$, currently bitcoin continues to correct just because of some war news. War news is just an excuse and market makers take advantage of this news to continue tormenting the psychology of holders, so it is inevitable that many people will be depressed and disappointed. These are not going away anytime soon and more people will sell their bitcoins before the real bull season arrives.

I do not know about the war news affecting the Bitcoin market, since I believe this war news is somehow independent on the Bitcoin market and the war is yet to happen, but regardless of what we think, it is clear that Bitcoin has a possibility of going below $60k since it was said that the strongest bid liquidity is in around $58k[1]

[1] https://cointelegraph.com/news/bitcoin-lacks-60k-btc-price-nears-100m-liquidity-zone

goaldigger

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Quote from: Franctoshi on May 10, 2024, 04:10:59 PM

One thing we have to understand is that there were people that was waiting for the halving to come before they started accumulation, Currently I believe what is going on with Bitcoin price, is people are positioning and repositioning themselves getting ready for the market, And let's not forget that there were these investors that got trapped at 69k during the last bull market who thought then the price was headed to 100k, so I kind think they're the people that took profits and probably some of them that didn't exist totally are buying at bit lower prices than the price they bought before, I believe soon the momentum we are waiting for will soon take off on Bitcoin and we will begin to see incredible price increase the coming weeks and months.

Many are waiting for their target to be hit before making any action, its either they will buy or sell it will depend on their strategy.
We are still in the accumulation phase and that's why Bitcoin didn't drop that much, what i can see is a healthy position for Bitcoin and any moment we might see the real bull trend which I believe, we have to be more prepared. Start accumulating as well, the target is still intact at $100k and there's still a chance for this one.

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Quote from: Bulltard on May 10, 2024, 04:13:09 PM

no need to be a brain surgeon to understand.
etfs inflows = green day
etfs outflows = red day

ETF's sure has a big influence on the price of bitcoin, but like we have been saying in this forum, usually it isn't only one event that is responsible for bitcoins price movement. There could be other factors as to why bitcoin is yet to break the $70k resistance, but is almost below $60 right now. That being said, it is inevitable for the price of bitcoin to pump to above $100k, but it would not happen overnight like a lot of people expect it to, there'd be corrections in price like this, but one has to keep hodling their coins.

TravelMug

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Quote from: Franctoshi on May 10, 2024, 04:10:59 PM

One thing we have to understand is that there were people that was waiting for the halving to come before they started accumulation, Currently I believe what is going on with Bitcoin price, is people are positioning and repositioning themselves getting ready for the market, And let's not forget that there were these investors that got trapped at 69k during the last bull market who thought then the price was headed to 100k, so I kind think they're the people that took profits and probably some of them that didn't exist totally are buying at bit lower prices than the price they bought before, I believe soon the momentum we are waiting for will soon take off on Bitcoin and we will begin to see incredible price increase the coming weeks and months.

But that is wrong mindset though, accumulation should start before the halving, at least for smart investors that where they got their big profits. However, everyone here has a good plan until it didn't work, just saying. And looking at the price right now, it seems that we another dip <$60k and probably it was about the news on SECs regulatory crackdown. And with this, for sure there will be some investors here, maybe a beginning, who doesn't like what they are seeing and then maybe think of selling for a loss. But the best thing is that this is another opportunity for us to accumulate as this is a dip again and we should take advantage and should look at the bigger picture.

Bulltard

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Quote from: GIF-JOBS on May 04, 2024, 12:29:41 PM

I have seen that after this Bitcoin halving, the price of Bitcoin has decreased a lot. As far as I know that after every halving the price of bitcoin increases exponentially and it increases about 3 to 4 times, but this time I saw that the price of bitcoin has decreased a lot after halving, but I have seen in several places that they say the price of bitcoin is halving. After that it will decrease a bit and then it will increase rapidly. As such, after checking the market today, I saw that After the fall in the price of Bitcoin, the price is slowly increasing again. Bitcoin price was below 57K three days ago and today Bitcoin price is $63,585.10. Does that mean we will see a Bitcoin bull market now? Or will it decrease again? What is your view on Bitcoin?

you wanna know why numba go up one day and numba go down the next?
just follow this and you'll know why:
https://sosovalue.xyz/assets/us-btc-spot

no need to be a brain surgeon to understand.
etfs inflows = green day
etfs outflows = red day

Franctoshi

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One thing we have to understand is that there were people that was waiting for the halving to come before they started accumulation, Currently I believe what is going on with Bitcoin price, is people are positioning and repositioning themselves getting ready for the market, And let's not forget that there were these investors that got trapped at 69k during the last bull market who thought then the price was headed to 100k, so I kind think they're the people that took profits and probably some of them that didn't exist totally are buying at bit lower prices than the price they bought before, I believe soon the momentum we are waiting for will soon take off on Bitcoin and we will begin to see incredible price increase the coming weeks and months.

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Quote from: aylabadia05 on May 10, 2024, 03:42:40 AM

Quote from: GIF-JOBS on May 04, 2024, 12:29:41 PM

I have seen that after this Bitcoin halving, the price of Bitcoin has decreased a lot.

Do you want Bitcoin to continue to rise and never go down? If that is what is desired, then it will never happen given the normal ups and downs of movement.
The price after the halving is like the current market price is boring, but we will enter a new price history which will be the highest price above $100k.
Before the halving, Bitcoin had several times reached prices that exceeded the previous ATH. If you compare Bitcoin's current price of $63k with the price before the halving, I think the current conditions are still good.

yes that's right, the point is that a correction in the structure of the market is a natural thing in an investment asset, it shows that the market is moving healthily, it is different if an asset continues to increase, we need to question it and also need to be suspicious, even gold itself which has a value that continues to rise slowly sometimes corrects to form a market structure.

Maybe if we look at the weekly or monthly time frame we can see a bigger out look in seeing the price movement of bitcoin, for sure we have passed the highest ATH limit in 2021, and now we are forming support to continue the increase after the formation of a new ATH, this could potentially go up before 2025, or we will finish it in 2025.

Patience is the key to investing, but continue DCA or collecting bitcoins slowly on every dip.

m2017

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Quote from: kentrolla on May 04, 2024, 02:44:09 PM

You got it all wrong, we never see Bitcoin bull run immediately post halving and even in the past we have seen these dips immediately followed by halving. If you compare today's Bitcoin price with th yesterday's you will see that it's in upward trend once again and we will see more surge and dips until bull run which is expected to take place either during last quarter this year's or mid next year.

Of course, some pattern was observed in past bitcoin halvings, but the BTC-system can't always remain unchanged and all events can't occur according to the same scenario. Now completely different money is circulating in this area and completely different investors (institutional) are interested in the future of bitcoin. Even this halving (a little earlier) demonstrated its certain exclusivity, namely, bitcoin reached a new ATH even before the halving itself, which had never happened before. This suggests that subsequent events may develop at a completely different pace than expected. Therefore, it can be assumed that the bullish growth is possible earlier than "either during last quarter this year's or mid next year".

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Quote from: michellee on May 10, 2024, 07:18:50 AM

Bitcoin prices will rise again but we have to be patient to wait. Currently, the price of Bitcoin is gathering strength to rise higher. Many people predict Bitcoin's highest price may be above $100k-$150k, which could happen this year or next.

I think the price will start to move up after the middle of this year. But maybe Bitcoin still hasn't started to rise quickly but can rise slowly so that many people don't realize it. Whatever it is, we can only prepare to welcome its arrival.

Bitcoin bull run is coming. We just need to prepare ourselves well to get a good moment to sell Bitcoin at a high price. The current correction persists, and who knows how long it will end. But we are at the end of a weekend when Bitcoin is experiencing its usual correction.

In the medium to long term, bitcoin price will definitely increase and bull season will come but the question is how many people can wait until that happens? And I think there won't be too many people who can wait until the bull season because most just want to get rich quickly from bitcoin. Many people only invest in bitcoin because they think that once the halving happens, bitcoin will immediately increase in price and OP is one of them. But things have not gone as they expected, and if this situation lasts or bitcoin continues to correct, I think it will not be surprising that they will soon sell bitcoin and leave the market.

After 2 days of bitcoin recovering and moving to $63$, currently bitcoin continues to correct just because of some war news. War news is just an excuse and market makers take advantage of this news to continue tormenting the psychology of holders, so it is inevitable that many people will be depressed and disappointed. These are not going away anytime soon and more people will sell their bitcoins before the real bull season arrives.

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Bitcoin prices will rise again but we have to be patient to wait. Currently, the price of Bitcoin is gathering strength to rise higher. Many people predict Bitcoin's highest price may be above $100k-$150k, which could happen this year or next.

I think the price will start to move up after the middle of this year. But maybe Bitcoin still hasn't started to rise quickly but can rise slowly so that many people don't realize it. Whatever it is, we can only prepare to welcome its arrival.

Bitcoin bull run is coming. We just need to prepare ourselves well to get a good moment to sell Bitcoin at a high price. The current correction persists, and who knows how long it will end. But we are at the end of a weekend when Bitcoin is experiencing its usual correction.

Topic: What is going to happen with Bitcoin now? - page 4. (Read 990 times)