What will Happen to crypto market after Bitcoin halving??

Redudletech

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Quote from: bitterguy28 on May 02, 2024, 05:12:14 AM

Quote from: coinerer on April 22, 2024, 07:29:34 AM

Quote from: bitterguy28 on April 22, 2024, 07:23:51 AM

Quote from: Redudletech on April 20, 2024, 07:20:19 AM

According to history and recent Bitcoin halving the crypto market will witness a dump it might be massive dump before Bitcoin moves to its all time highs (ATH) having known this from my knowledge has a crypto trader I am expecting a dump at $70k to $72k soon which will cause massive confusion in the market for the newbies, from my point of view alot of newbies will make great Mistake by buying at the wrong time, alot of people come to crypto market with a get quick rich scheme which is wrong because Bitcoin or any other crypto related asset are for long term portfolio which makes it strange for newbies to understand in the market so in short what alot expect will not occur now but later so keep and eye

Note: this is not a financial advice just talking from my point of view of the crypto market.

Not sure these time of there will still be a massive dumping because we are in crazy market now , almost every situation that happened recently are not even what we expected so what more in this after halving now?
and another thing? we need to see a 75-80k anytime soon.

Going from $75k to 80k is possible for Bitcoin and while we expect it to happen quickly, we cannot guarantee how fast it will happen. Bitcoin's previous ATHs were very profitable but this time we are yet to see a strong price that can be considered as an ATH. We are all still waiting to see Bitcoin at a price that we can capture as this year's ATH. So in this case we can wait till $80k. So still one can invest in Bitcoin which will give him good profit

Yeah but what had happened is sideways mate because instead of reaching that high ? the price now dumped at 56k and that shows market keeps changing and the crazy movement continues .
and also the previous ATH is not that high from the former because the value only climbed more than 5k that I believe not enough for 4 years cycle .

Definitely no one can predict the market exact movement but you can know the direction of the market using some technical and fundamental analysis which shows I was on the right path and again it stopped and $56k for a reason which is kind of technical reason so let wait for it to reach $51k for a bull market. Note: this is not a financial advice.

bitterguy28

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Quote from: coinerer on April 22, 2024, 07:29:34 AM

Quote from: bitterguy28 on April 22, 2024, 07:23:51 AM

Quote from: Redudletech on April 20, 2024, 07:20:19 AM

According to history and recent Bitcoin halving the crypto market will witness a dump it might be massive dump before Bitcoin moves to its all time highs (ATH) having known this from my knowledge has a crypto trader I am expecting a dump at $70k to $72k soon which will cause massive confusion in the market for the newbies, from my point of view alot of newbies will make great Mistake by buying at the wrong time, alot of people come to crypto market with a get quick rich scheme which is wrong because Bitcoin or any other crypto related asset are for long term portfolio which makes it strange for newbies to understand in the market so in short what alot expect will not occur now but later so keep and eye

Note: this is not a financial advice just talking from my point of view of the crypto market.

Not sure these time of there will still be a massive dumping because we are in crazy market now , almost every situation that happened recently are not even what we expected so what more in this after halving now?
and another thing? we need to see a 75-80k anytime soon.

Going from $75k to 80k is possible for Bitcoin and while we expect it to happen quickly, we cannot guarantee how fast it will happen. Bitcoin's previous ATHs were very profitable but this time we are yet to see a strong price that can be considered as an ATH. We are all still waiting to see Bitcoin at a price that we can capture as this year's ATH. So in this case we can wait till $80k. So still one can invest in Bitcoin which will give him good profit

Yeah but what had happened is sideways mate because instead of reaching that high ? the price now dumped at 56k and that shows market keeps changing and the crazy movement continues .
and also the previous ATH is not that high from the former because the value only climbed more than 5k that I believe not enough for 4 years cycle .

dezoel

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Quote from: R100K-Martin-Lunger on April 23, 2024, 01:47:52 PM

You are right about the newbies getting confused. I have been telling the R100K community members to wait patiently for the upcoming bull run, which will give way to the altcoin season as well. I have faith bitcoin will cross 100k in the next few months and if not, then the end of the year. Some analysts are also saying it might cross 250k, which I think it won't do this soon. That said, you never know with crypto. So, fingers crossed for good things to come! Regardless, I will continue to HODL.

Looking at the current situation of BTC, I don't think that BTC will be able to touch $100k even by the end of this year. Yes, we can say that BTC can touch $80k. Touching $250k may not be so easy for the next few years too. As far as altcoins are concerned, there is no doubt that all altcoins follow Bitcoin, when BTC goes up, altcoins automatically go up apart from a few good projects.

There are also a lot of cheat coins and fake coins in the market which can cause a lot of losses to the traders. So, I always suggest that new traders should invest under the DCA method after doing good research to avoid losses as much as possible.

Newbies need to know and understand that Bitcoin is a very good investment project where you can get huge profits in the future but for those who just started trading, do a good study of any coin you are investing in and invest only after market observation and research.

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Quote from: Ayers on April 22, 2024, 04:12:33 AM

Quote from: Yamifoud on April 22, 2024, 01:37:36 AM

We feel bad and disappointed with the outcomes of halving because we already assume that it will skyrocket.

I think only you, the newbies, those in a hurry to get rich quickly are disappointed with what is going on. Because those who have gone through previous halvings or have enough experience in the market are not disappointed or complaining.

If everything can be so easily predicted, who do you think will be the losers in this market for you to take profits? Everyone is waiting for bitcoin to increase in price after the halving and will take profits, so who will be rich enough to buy all those bitcoins at high prices if things happen in such a simple way?
History has shown that halvings are the catalyst for a bull season, but there is no guarantee things will always play out like this and this is the financial markets, the markets are the battlefield.

Yes, those who are definitely looking for quick profits are the ones mostly disappointed these days. But for those who have experienced past halvings, they already knew that this is going to happen so nothing’s new with this. They just think that in the perfect time, bitcoin will start rising again to achieve its new all time high, and those who have been patient throughout the process are definitely those who will be in massive profits at the end of the day.

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Well, what usually happens after the halving is that there is a correction for a few months before bitcoin actually starts to rally. But in fact, right now, it seems like the correction that happened to bitcoin was premature because 2 or 3 weeks ago, if I'm not mistaken, there was an immediate correction in the price value of bitcoin until the halving came; it is currently in liquidation.

And because the market is unpredictable, in my opinion, it doesn't look like it will take 2 months for bitcoin to really start taking over the market, but I'm still not sure about that.

Cookdata

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Quote from: Redudletech on April 20, 2024, 07:20:19 AM

According to history and recent Bitcoin halving the crypto market will witness a dump it might be massive dump before Bitcoin moves to its all time highs (ATH) having known this from my knowledge has a crypto trader I am expecting a dump at $70k to $72k soon which will cause massive confusion in the market for the newbies, from my point of view alot of newbies will make great Mistake by buying at the wrong time, alot of people come to crypto market with a get quick rich scheme which is wrong because Bitcoin or any other crypto related asset are for long term portfolio which makes it strange for newbies to understand in the market so in short what alot expect will not occur now but later so keep and eye

Bitcoin next move looks confusing right now and also strange but I hope it's for the best interest the community. I have studied the last two bull run and try to compare it with this current one and the results I'm getting is a bit off from the previous all time high. Is this a trap or more diamond hand resistance to selling, I can't tell but all will be conclusive after we broke resistance of $74k.

Bitcoin has something few people understand, the time you expect it to happen, it doesn't do anything then until when you don't see it coming but right now, a lot of people now want to see Bitcoin to the same thing they all wanted and it's making people doubt the authenticity of this bull run that's why the price is been choppy anytime it tries to break resistance and support.

I just know that for Blackrock to invest billions into Bitcoin, they are not stupid to watch their investment go down, they will protect it and that's why they are even advertising Bitcoin ETF on wall street website to bring much people in this bull run. It's Bitcoin make a new all time or it makes a new all time is the only language they understand so keep your Bitcoin close and don't sell.

R100K-Martin-Lunger

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You are right about the newbies getting confused. I have been telling the R100K community members to wait patiently for the upcoming bull run, which will give way to the altcoin season as well. I have faith bitcoin will cross 100k in the next few months and if not, then the end of the year. Some analysts are also saying it might cross 250k, which I think it won't do this soon. That said, you never know with crypto. So, fingers crossed for good things to come! Regardless, I will continue to HODL.

Redudletech

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Quote from: Gladitorcomeback on April 23, 2024, 01:06:57 PM

Quote from: Redudletech on April 23, 2024, 12:35:14 PM

I get your advice but am not just holding Bitcoin from now okay I have been holding Bitcoin for a quiet long time so am not having a get rich quick scheme so am not scared of the dumps okay so I was just making some predictions based on what I understand so don't judge me from now let the main time comes before I admit because for me I have been holding Bitcoin from $30k so I got nothing to worry about so am cool I was just trying to bring a discussion perhaps I said it's not a financial advice sir

I don't think he was judging you but it was a general statement for everyone and wasn't directed to you, so don't worry about that.

If you have bought Bitcoin at $30k and have been holding since then, you obviously have nothing to worry about because Bitcoin is not going back to $30k anytime soon and if you have diamond hands as you said, you should get good enough profits once the second phase of the bull run is here because Bitcoin is expected to gain significant value in this bull run and if you keep holding until the price peaks, you should get a lot of profit by then.

Don't ever panic, even if the price drops to $50k from here or even go below because we have seen such things happening in the past before the bull run rally.

Yeah thanks am not moved by the words atleast I have secured a position this topic was mainly a point of view for newbies to not just rush into the market atleast few people understand the content and again Bitcoin is one of it kind so am not moved by the dump coming am not a short term trader so I will await the market at the long runs

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Quote from: Redudletech on April 23, 2024, 12:35:14 PM

I get your advice but am not just holding Bitcoin from now okay I have been holding Bitcoin for a quiet long time so am not having a get rich quick scheme so am not scared of the dumps okay so I was just making some predictions based on what I understand so don't judge me from now let the main time comes before I admit because for me I have been holding Bitcoin from $30k so I got nothing to worry about so am cool I was just trying to bring a discussion perhaps I said it's not a financial advice sir

I don't think he was judging you but it was a general statement for everyone and wasn't directed to you, so don't worry about that.

If you have bought Bitcoin at $30k and have been holding since then, you obviously have nothing to worry about because Bitcoin is not going back to $30k anytime soon and if you have diamond hands as you said, you should get good enough profits once the second phase of the bull run is here because Bitcoin is expected to gain significant value in this bull run and if you keep holding until the price peaks, you should get a lot of profit by then.

Don't ever panic, even if the price drops to $50k from here or even go below because we have seen such things happening in the past before the bull run rally.

Redudletech

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Quote from: laijsica on April 23, 2024, 04:22:10 AM

Quote from: Redudletech on April 20, 2024, 07:20:19 AM

According to history and recent Bitcoin halving the crypto market will witness a dump it might be massive dump before Bitcoin moves to its all time highs (ATH) having known this from my knowledge has a crypto trader I am expecting a dump at $70k to $72k soon which will cause massive confusion in the market for the newbies,

I didn't get the dumping I expected and even the hype about bitcoin blocked its path. But the disappointment is only for those who wanted to buy at more sinking prices and they could not. Holders don't want to move any fractions from their stack because they know the opportunity won't come again. A large number of new investors are very happy to buy at the current price because they are able to understand the depth of the market - the market conditions. I think there is a reason for the confusion here.

Quote from: Redudletech on April 20, 2024, 07:20:19 AM

from my point of view alot of newbies will make great Mistake by buying at the wrong time, alot of people come to crypto market with a get quick rich scheme which is wrong because Bitcoin or any other crypto related asset are for long term portfolio which makes it strange for newbies to understand in the market so in short what alot expect will not occur now but later so keep and eye

A wrong investment decision is a cause of regret for you - but in my opinion you have to take the risk - it is very important to get expert advice before making your investment decision. The tendency to get rich in the short term can hurt your investment more - so investing in bitcoin should start with long-term investment goals.

I get your advice but am not just holding Bitcoin from now okay I have been holding Bitcoin for a quiet long time so am not having a get rich quick scheme so am not scared of the dumps okay so I was just making some predictions based on what I understand so don't judge me from now let the main time comes before I admit because for me I have been holding Bitcoin from $30k so I got nothing to worry about so am cool I was just trying to bring a discussion perhaps I said it's not a financial advice sir

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Quote from: Redudletech on April 20, 2024, 07:20:19 AM

According to history and recent Bitcoin halving the crypto market will witness a dump it might be massive dump before Bitcoin moves to its all time highs (ATH) having known this from my knowledge has a crypto trader I am expecting a dump at $70k to $72k soon which will cause massive confusion in the market for the newbies,

I didn't get the dumping I expected and even the hype about bitcoin blocked its path. But the disappointment is only for those who wanted to buy at more sinking prices and they could not. Holders don't want to move any fractions from their stack because they know the opportunity won't come again. A large number of new investors are very happy to buy at the current price because they are able to understand the depth of the market - the market conditions. I think there is a reason for the confusion here.

Quote from: Redudletech on April 20, 2024, 07:20:19 AM

from my point of view alot of newbies will make great Mistake by buying at the wrong time, alot of people come to crypto market with a get quick rich scheme which is wrong because Bitcoin or any other crypto related asset are for long term portfolio which makes it strange for newbies to understand in the market so in short what alot expect will not occur now but later so keep and eye

A wrong investment decision is a cause of regret for you - but in my opinion you have to take the risk - it is very important to get expert advice before making your investment decision. The tendency to get rich in the short term can hurt your investment more - so investing in bitcoin should start with long-term investment goals.

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CryptoBuds

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Quote from: Litzki1990 on April 23, 2024, 02:02:03 AM

Bitcoin halving usually occurs every four years, the latest halving in the market is the fourth halving in Bitcoin history. As Bitcoin halving is organized every four years and this time miners are paid in half, its impact on the market can be well observed. Especially at this time investors think that the market is going to dump a lot and because they think so, they think of selling only the amount of bitcoins they have. Due to such thoughts of investors, the selling volume of Bitcoin in the market increases more than the buying, as a result of which it is seen that the price of Bitcoin gradually decreases. It would not have been surprising if investors had bought rather than sold investments during the halving season. But I don't think there is much bad effect on the market in this season of halving because the market is in the same condition.

On what basis do you think that people are thinking negatively about the market and that they will sell their bitcoins at this time, and that is the reason why the market cannot go up? Even newbies know about the upcoming bull season after the halving, so how can you tell that people are selling their bitcoins? We should not make such baseless predictions, we should not rush to the conclusion that people are selling bitcoin massively when the market does not increase in price.

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Quote from: Yamifoud on April 22, 2024, 01:37:36 AM

We feel bad and disappointed with the outcomes of halving because we already assume that it will skyrocket.
But should we consider this as a factor that there is no more ATH in the coming days? Because I was certain that it was not the end of the world and we know that so many times the market is in dip correction, turn to bearish for 3 years but we are still able to see the price of Bitcoin reach $79k.

If we see the price is in correction, better think that there is recovery and that likely be more surprising than what we thought.
So better keep hold and remain optimistic, new ATH is just around the corner.

Yeah, it didn't make a huge move but that is what we should have expected, however in about 5 months or so, right around September to October, I am expecting it to start that huge bull run. We could still peak to 70k or a little over, not expecting over 75k but maybe it could top out there.

However, that doesn't mean that I am not expecting anything, I am expecting in a few months it will start that huge huge bull run. In that case we are going to end up with a much better situation, the result will be pretty big and I am going to end up with a result that could benefit us all, it will do so much great. This is how we should be considering our movements, could benefit everyone at all times.

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Bitcoin halving usually occurs every four years, the latest halving in the market is the fourth halving in Bitcoin history. As Bitcoin halving is organized every four years and this time miners are paid in half, its impact on the market can be well observed. Especially at this time investors think that the market is going to dump a lot and because they think so, they think of selling only the amount of bitcoins they have. Due to such thoughts of investors, the selling volume of Bitcoin in the market increases more than the buying, as a result of which it is seen that the price of Bitcoin gradually decreases. It would not have been surprising if investors had bought rather than sold investments during the halving season. But I don't think there is much bad effect on the market in this season of halving because the market is in the same condition.

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Quote from: EarnOnVictor on April 22, 2024, 07:47:38 PM

Quote from: Redudletech on April 20, 2024, 07:20:19 AM

According to history and recent Bitcoin halving the crypto market will witness a dump it might be massive dump before Bitcoin moves to its all time highs (ATH) having known this from my knowledge has a crypto trader I am expecting a dump at $70k to $72k soon which will cause massive confusion in the market for the newbies, from my point of view alot of newbies will make great Mistake by buying at the wrong time, alot of people come to crypto market with a get quick rich scheme which is wrong because Bitcoin or any other crypto related asset are for long term portfolio which makes it strange for newbies to understand in the market so in short what alot expect will not occur now but later so keep and eye

Your post looks too certain and judgemental, but you will be wrong in the end. Haven't you heard that past histories are not an indication of future performance/behaviour? Do you think Bitcoin can behave the same way all the time? If you do, then you didn't think right. Fine, some past histories of Bitcoin are similar, but with the present dispensation where the ETF saga has caused Bitcoin to have a twist in behaviour, anything can happen which will be different from the past. Or have you not seen what happened about 8 months ago in the Bitcoin market which pushed the coin further to the current ATH ($73,850)? This has never happened for Bitcoin to be at a higher price above its former ATH before the halving.

Now, since it has happened this time, don't you think it could bring about a change this time? Well, the reality of the market is even speaking volume where the market is not looking the way you predicted it. considering the time you made this post, 3 days have passed but Bitcoin is waxing stronger.

For me, the sentiment of the asset is bull and Bitcoin might soon retest the all-time high of about $73,850 again. However, a break of that level might activate a continuation of the bullish trend towards $100,000.

I noticed most people complained of my judgement on Bitcoin but perhaps am not too big to wrong sir and again you might be right and I might be wrong but still yet it can still go the other way round so I can't deny the fact of what you have said but if you noticed you also talked based on your own point of view so I can't just admit to it and perhaps it's a topic of discussion which is not a financial advice so if am wrong then I face it on my self sir and again am not too big to be corrected so I am taking note of everything Incase at the end i was wrong I would not make the same mistake but for this am sticking to my plans sir I appreciate your enlightenment.

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Quote from: Redudletech on April 20, 2024, 07:20:19 AM

According to history and recent Bitcoin halving the crypto market will witness a dump it might be massive dump before Bitcoin moves to its all time highs (ATH) having known this from my knowledge has a crypto trader I am expecting a dump at $70k to $72k soon which will cause massive confusion in the market for the newbies, from my point of view alot of newbies will make great Mistake by buying at the wrong time, alot of people come to crypto market with a get quick rich scheme which is wrong because Bitcoin or any other crypto related asset are for long term portfolio which makes it strange for newbies to understand in the market so in short what alot expect will not occur now but later so keep and eye

Your post looks too certain and judgemental, but you will be wrong in the end. Haven't you heard that past histories are not an indication of future performance/behaviour? Do you think Bitcoin can behave the same way all the time? If you do, then you didn't think right. Fine, some past histories of Bitcoin are similar, but with the present dispensation where the ETF saga has caused Bitcoin to have a twist in behaviour, anything can happen which will be different from the past. Or have you not seen what happened about 8 months ago in the Bitcoin market which pushed the coin further to the current ATH ($73,850)? This has never happened for Bitcoin to be at a higher price above its former ATH before the halving.

Now, since it has happened this time, don't you think it could bring about a change this time? Well, the reality of the market is even speaking volume where the market is not looking the way you predicted it. considering the time you made this post, 3 days have passed but Bitcoin is waxing stronger.

For me, the sentiment of the asset is bull and Bitcoin might soon retest the all-time high of about $73,850 again. However, a break of that level might activate a continuation of the bullish trend towards $100,000.

Redudletech

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Quote from: Natalim on April 22, 2024, 04:59:05 PM

Quote from: Redudletech on April 22, 2024, 04:43:19 PM

Exactly you no sometimes the crypto market is unpredictable but it's from my view and thank God you understand atleast you thought the sane that's why I said it's just an observation not a financial advice has you can see the market movement is not stable there have been a lot of Market manipulation so from now henceforth anything can happen but I still believe in my predictions

I'm not going to agree this is manipulation but this is really how the market works. It remains unpredictable in the sense that not all people have the same thinking, some are buying while some are selling. However, despite the price drop of Bitcoin, it doesn't mean it will going to dump more. I still believe that history repeats itself and it was noticed in the previous halvings that prices increased more after the said event and that it was I also believe. It just happens that many people are selling and it creates price corrections in a short time.

Okay sir am at no spot to argue your statement, all I will say is let keep an eye and watch quiet alright I might be wrong but still yet its part of knowledge i believe no one is above making mistakes and believing in once self is enough courage to improve my self, which i still keep to my word "its not a financial advice" sir

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Quote from: Redudletech on April 22, 2024, 04:43:19 PM

Exactly you no sometimes the crypto market is unpredictable but it's from my view and thank God you understand atleast you thought the sane that's why I said it's just an observation not a financial advice has you can see the market movement is not stable there have been a lot of Market manipulation so from now henceforth anything can happen but I still believe in my predictions

I'm not going to agree this is manipulation but this is really how the market works. It remains unpredictable in the sense that not all people have the same thinking, some are buying while some are selling. However, despite the price drop of Bitcoin, it doesn't mean it will going to dump more. I still believe that history repeats itself and it was noticed in the previous halvings that prices increased more after the said event and that it was I also believe. It just happens that many people are selling and it creates price corrections in a short time.

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Quote from: Yamifoud on April 22, 2024, 01:37:36 AM

We feel bad and disappointed with the outcomes of halving because we already assume that it will skyrocket.
But should we consider this as a factor that there is no more ATH in the coming days? Because I was certain that it was not the end of the world and we know that so many times the market is in dip correction, turn to bearish for 3 years but we are still able to see the price of Bitcoin reach $79k.

If we see the price is in correction, better think that there is recovery and that likely be more surprising than what we thought.
So better keep hold and remain optimistic, new ATH is just around the corner.

Know that the current bitcoin price will only be temporary and will still have bigger chances to increase in the process. Which means we are still seeing a new ATH later on, but when will be that time, that still remains uncertain for everyone. However, as long as bitcoin price does not fall into its deepest dip and is still showing a slight upward price movement, then that’s a good sign that bitcoin is still leading us into its new ATH in the future, and so we must be patient and avoid panic selling as much as we can.

Topic: What will Happen to crypto market after Bitcoin halving?? (Read 543 times)