What will Happen to crypto market after Bitcoin halving?? - page 2.

Redudletech

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Quote from: Faisal2202 on April 22, 2024, 12:50:39 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.

I am also having the same thoughts but I did not consider the price where it will dump again. But now if I have to consider I will say it might not dump around $72k it will dump after that price tag. But yeah your prediction is most likely to occur. So we have to take some precautions, like if we are future traders then we should not forget to use stop loss, and if we are spot traders we should be making relevant strategy as well.

And long term holders might not be influenced by this dump as they are playing the long game here. In conclusion, I will say anything can happen, as I did not saw the past data like what's the behavior of BTC after the halving, and you also did not stated any fact or source of your prediction so its not so reliable but yeah as I aforementioned I also think the same.

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

Faisal2202

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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.

I am also having the same thoughts but I did not consider the price where it will dump again. But now if I have to consider I will say it might not dump around $72k it will dump after that price tag. But yeah your prediction is most likely to occur. So we have to take some precautions, like if we are future traders then we should not forget to use stop loss, and if we are spot traders we should be making relevant strategy as well.

And long term holders might not be influenced by this dump as they are playing the long game here. In conclusion, I will say anything can happen, as I did not saw the past data like what's the behavior of BTC after the halving, and you also did not stated any fact or source of your prediction so its not so reliable but yeah as I aforementioned I also think the same.

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Hard to speak with certainty but I'm gonna make a guess based on the past or previous halving A correction might take place and that is the time investors will accumulate Bitcoin and other tokens out there in preparation for the "true" bullrun, probably few months after the halving. Of course anything could happen and I might be wrong but we have no other basis to hold on to. The only thing I'm sure of is to hold for now and wait for further market confirmation. It would be bad to sell or buy instantly 'coz no one knows what direction crypto prices are about to move into.

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.

Indeed, new ones are haaving the tendency to expect things to happen in a single snap. And unfortunately they are more prone to bad decisions and sudden loss as well since they tend to panic on every price decline which happens on a daily basis. Tip to the new ones is to know what they got themselves into and know how to respond properly to market price volatility.

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Quote from: mirakal on April 22, 2024, 07:35:22 AM

Quote from: uneng on April 21, 2024, 06:11:07 PM

Is it somehow frustrating to not see Bitcoin skyrocketing right after the halving event happened? Yes!

However, it's not the end of the world... Let's wait few weeks or a month to see what the post-halving tendency is for crypto market. Moreover, don't forget there is a worldwide conflict going on in the Middle East and Ukraine which involve every nations, directly or indirectly, added to a global economical crisis that never ceases. All these events have influence over Bitcoin's price and future fluctuations.

I'm still optimistic, though. As we can see, Bitcoin is maintaining position at 65,000$ against the 59,600$ dip we saw days ago. Thankfully the price didn't drop further and it's already crossing the resistance level, which was in 65,000$. Now we can start expecting further increasements (maybe 70,000$ once again?). Patience is needed for now, so keep holding until the right time comes.

It will only be frustrating to those who are expecting immediate price increase right after halving but for those who have kept witnessing bitcoin halving in the previous years, I guess they are more relax and calm now while seeing bitcoin price quite stagnant. Because they know for sure that eventually, bitcoin price will still be in skyrocket soon.

To be honest, I’m not actually expecting a lot right at the moment, although I’m totally optimistic with how its price will move in the market. But if bitcoin will suddenly surprise us with massive price increase, then who are we not to be happy and grateful for it.

That's right, those who feel upset or disappointed are those who had too much hope or were a bit greedy thinking that bitcoin would increase in price immediately after the halving. What's more funny is that not only newbies but even some people who have gone through the previous two halving seasons also have this thought.

They always say that they consider bitcoin a long-term investment and are willing to hold it for many years, but only because things don't work out as they expected and they are disappointed. I doubt whether these people can hold bitcoin as long as they say or will they sell bitcoin in the following months if the bull season does not come?

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Quote from: uneng on April 21, 2024, 06:11:07 PM

Is it somehow frustrating to not see Bitcoin skyrocketing right after the halving event happened? Yes!

However, it's not the end of the world... Let's wait few weeks or a month to see what the post-halving tendency is for crypto market. Moreover, don't forget there is a worldwide conflict going on in the Middle East and Ukraine which involve every nations, directly or indirectly, added to a global economical crisis that never ceases. All these events have influence over Bitcoin's price and future fluctuations.

I'm still optimistic, though. As we can see, Bitcoin is maintaining position at 65,000$ against the 59,600$ dip we saw days ago. Thankfully the price didn't drop further and it's already crossing the resistance level, which was in 65,000$. Now we can start expecting further increasements (maybe 70,000$ once again?). Patience is needed for now, so keep holding until the right time comes.

It will only be frustrating to those who are expecting immediate price increase right after halving but for those who have kept witnessing bitcoin halving in the previous years, I guess they are more relax and calm now while seeing bitcoin price quite stagnant. Because they know for sure that eventually, bitcoin price will still be in skyrocket soon.

To be honest, I’m not actually expecting a lot right at the moment, although I’m totally optimistic with how its price will move in the market. But if bitcoin will suddenly surprise us with massive price increase, then who are we not to be happy and grateful for it.

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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

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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

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.

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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

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

I am guessing you meant to write 50 to 52k because the present price of Bitcoin is not even close to 70k yet, there is no buying at the wrong time with Bitcoin right now, I still bought some Bitcoin at 63k days back and I am holding.

You don't have to worry if you are using the DCA strategy to buy Bitcoin, it is only those who buy Bitcoin with all they have that will miss future opportunities when price corrections happen, I have been buying since 17k in 2022 and till now, I am already in profit, even from here if Bitcoin goes down to 25k I will still be good.

The only way to not lose money with Bitcoin is using DCA and not selling for less price that you buy, wait for an ATH and sell for profits, the patience ones will always eat the fattest bone.

Ayers

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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.

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.

martinex

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

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.

Thar right, If we see and observe the current geopolitical developments, more or less as you said, it only slows down the performance of rising prices during the current halving moment. Investors will temporarily swerve into more normal assets first such as gold and dollars.

But, I think the time for BTC to rise, is not far away when there is a little good and if get news around they will selling they gold and dollars to buy BTC back. This means that in gold they profit, in USDT they also profit. they just need to be patient for a moment for investment decision making, especially at times like now.

GigaBit

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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

Due to the Bitcoin halving, the price of Bitcoin will increase in the crypto market, but the upward movement of the price is still not as expected. There are various implications behind this. Moreover, we have seen before that the price of Bitcoin does not increase immediately after a halving. In recent times we have seen Halving ticking clock as the winds of war between Israel and Iran are gradually heating up. And in this alarming situation, Bitcoin price cannot be expected to increase.

Bitcoin behaves differently in different situations. We have also seen in the past that due to the conflict between Russia and Ukraine, there has been no major rise in the crypto market for a long time. And now a new war in the Middle East will seriously disrupt the economic environment of the whole world. As Israel attacks Iran, we see oil prices start to rise. If the war continues, there will definitely be chaos. The world situation will go to a more dangerous level. In this situation, the price of Bitcoin is less likely to rise. Over the next few days we will be able to make a better estimate after observing the situation.

Yamifoud

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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.

uneng

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Is it somehow frustrating to not see Bitcoin skyrocketing right after the halving event happened? Yes!

However, it's not the end of the world... Let's wait few weeks or a month to see what the post-halving tendency is for crypto market. Moreover, don't forget there is a worldwide conflict going on in the Middle East and Ukraine which involve every nations, directly or indirectly, added to a global economical crisis that never ceases. All these events have influence over Bitcoin's price and future fluctuations.

I'm still optimistic, though. As we can see, Bitcoin is maintaining position at 65,000$ against the 59,600$ dip we saw days ago. Thankfully the price didn't drop further and it's already crossing the resistance level, which was in 65,000$. Now we can start expecting further increasements (maybe 70,000$ once again?). Patience is needed for now, so keep holding until the right time comes.

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Quote from: Distinctin on April 21, 2024, 03:56:11 PM

I don’t think we will see anytime soon btc price pumping because as far as I know, the effect of bitcoin halving will only be seen most likely 6 months after halving. But at least we aren’t seeing a red market also, that’s actually a good sign that the bullish market is still happening. So we don’t have to pressure ourselves right now, just be more patient while trying to accumulate more bitcoin prior to bull run. And if you’re not into buying right now, then at least hold tight your coins and take part in selling when bull run comes.

The movements of Bitcoin haven't been as regular as they used to be in the past, so maybe we shouldn't expect what we used to see in the previous bull runs to happen this time around and the effects of halving might be seen differently this time.

Did you expect Bitcoin to hit a new ATH before the halving event? I didn't, I was expecting the price to recover slowly until the halving event and then it might start moving up, but it surprised me and many others with the quick growth it showed earlier this year.

So, the post-halving period might not be the same as well and it might surprise us either in a positive or a negative way.

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Quote from: Z_MBFM on April 21, 2024, 12:06:10 PM

Quote from: Husires on April 20, 2024, 07:53:14 AM

If the price of Bitcoin occurs a large dump, we may see $50,000 or $40,000, and the price is now around $65,000. Therefore, even if the price dump occurs, traders will not lose much and may compensate for their loss before the end of the world.
Beginners invest when the price of Bitcoin increases every day, and then we will have reached more than $120,000 and emptying from there may take us back to $60,000, and the price will not be able to restore the old levels in the coming years, so now is not a bad time to buy, but if the price continues to increase On a daily basis, then time becomes bad.

Yes we have seen many bitcoin record history in the past where the next ATH was several times the price of the previous ATH. As 2017 ATH was $20k and next ATH was $68k+ so accordingly current ATH should be more than $120k. But we haven't seen it yet. However, since the Halving countdown has just ended, we may now see some positive effects on the price of Bitcoin. Even though the price of Bitcoin has not pumped much since the halving, we have not seen the market red. so it may still be a good time to invest in Bitcoin to enjoy the next opportunity

I don’t think we will see anytime soon btc price pumping because as far as I know, the effect of bitcoin halving will only be seen most likely 6 months after halving. But at least we aren’t seeing a red market also, that’s actually a good sign that the bullish market is still happening. So we don’t have to pressure ourselves right now, just be more patient while trying to accumulate more bitcoin prior to bull run. And if you’re not into buying right now, then at least hold tight your coins and take part in selling when bull run comes.

Redudletech

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Quote from: Jon pyagbara on April 21, 2024, 03:09:34 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

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

In my opinion after the halving event Bitcoin will experience a slight dip which will Last for few months or even the remaining months of this year, but am predicting a significant bull run by next year, which I think will surpass the previous ATH, so as bitcoiners and investors we have to invest more, stalk more coins, and wait for the profit if it when it hits it's bull run,
Bitcoin is mostly about the future that's why it is always advisable to stalk coins for a long term , so when you getting the profits from it , it will be significant and appreciating.

That's what am talking about but most people don't seem to understand my language although I was not specific and predictive which might not be right to some people but it's my opinion am just trying to share and I said it's not a financial advice.

Redudletech

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Quote from: Z_MBFM on April 21, 2024, 12:06:10 PM

Quote from: Husires on April 20, 2024, 07:53:14 AM

If the price of Bitcoin occurs a large dump, we may see $50,000 or $40,000, and the price is now around $65,000. Therefore, even if the price dump occurs, traders will not lose much and may compensate for their loss before the end of the world.
Beginners invest when the price of Bitcoin increases every day, and then we will have reached more than $120,000 and emptying from there may take us back to $60,000, and the price will not be able to restore the old levels in the coming years, so now is not a bad time to buy, but if the price continues to increase On a daily basis, then time becomes bad.

Yes we have seen many bitcoin record history in the past where the next ATH was several times the price of the previous ATH. As 2017 ATH was $20k and next ATH was $68k+ so accordingly current ATH should be more than $120k. But we haven't seen it yet. However, since the Halving countdown has just ended, we may now see some positive effects on the price of Bitcoin. Even though the price of Bitcoin has not pumped much since the halving, we have not seen the market red. so it may still be a good time to invest in Bitcoin to enjoy the next opportunity

Alright let keep an eye on it cause a lot might happen before the end of the year let keep on making money through Bitcoin investment currently if you check your 1day time frame and 1month time frame you would notice something

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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

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

In my opinion after the halving event Bitcoin will experience a slight dip which will Last for few months or even the remaining months of this year, but am predicting a significant bull run by next year, which I think will surpass the previous ATH, so as bitcoiners and investors we have to invest more, stalk more coins, and wait for the profit if it when it hits it's bull run,
Bitcoin is mostly about the future that's why it is always advisable to stalk coins for a long term , so when you getting the profits from it , it will be significant and appreciating.

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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

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

Yeah even if someone doesn't consider Bitcoin or cryptocurrencies get rich quick schemes, they need to understand that the market is unpredictable and you should know this too, I know that we base our predictions on past events and historical charts, it doesn't always repeat the history because we have seen how it changed the pattern this time around where it created a new ATH a month before the halving event which no one was expecting.

So anything can happen, but based on history, the market should go up in the next few months and we should be in the bull run until 2025 at least. So if someone is making a long-term investment, they shouldn't face much problems but it is better if they adopt the DCA method and don't go all in at once.

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

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,

It’s mostly going to be the general public who were somehow made aware of bitcoin and cryptocurrency and then mistaking it for a get-rich quick scheme or a passive income of some sort.

Well we can not blame them especially if it is us who are going to be taking advantage of their reactions and decisions

Topic: What will Happen to crypto market after Bitcoin halving?? - page 2. (Read 544 times)