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?
that is why always Lament that the price of bitcoin is unpredictable, halving is not a guarantee bitcoin price most changes in shape, that's what some of us don't know when it come to bitcoin, I know quite well that bitcoin price is something that have its move and when you check very well you will notice that before halving bitcoin price is already dropping in the market, so right now bitcoin have started retracing and I believe that it might hit to seventy thousand [70k] from my perspective bitcoin price is been determined by the gravity of the demand.
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.
we have never experienced bullrun since the halving, I think the market is still on correction in which their is symptoms of positivity in the market as we may see, I believe that bitcoin price of bitcoin is something that is unpredictable as I portray in the paragraph above, so I know very well that comparing the price bitcoin today and tomorrow it will not give you exactly what you needed because price of bitcoin is not constant and its unpredictable...
if you look at history, the price of bitcoin usually corrects after the halving and usually increases a few months later. just be patient to wait for this because the bull market will happen, because no one knows for sure when it will happen, so what you need is just to be patient until it happens.
In normal circumstances in bitcoin investment you have to be patient whenever it comes to bitcoin investment, so I believe that bitcoin when you invest on it you don't need to be curious over its investment, and I know that if you want to invest don't invest at a point the price is going high because their is every possibility that the price may drop unexpectedly, and mostly people who invest in Bitcoin due like to invest when the price is high.