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.

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

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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.

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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.

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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.

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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.

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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.

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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.

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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.

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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

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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

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Quote from: dimonstration on April 20, 2024, 07:26:03 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’m literally confused to your statement even if I’m not a newbie. You are expecting a massive dump around 70K to 72K while the current is around 63k? Are you from future which the price above 100K or you are using the word dump in opposite meaning?

Nevertheless the outcome after halving is already different now compared the previous halving since we experienced early pump before the halving due to the ETF approval. Also the price is not showing any weakness compared before which the price correct more than 50%.

I’m expecting a massive pump when the sewer rats shake-off was finished.

Yeah, I'm confused as well because those numbers don't make any sense. Right now we're a $65.000ish, if we go down, in my opinion, we may reach $55k or something like that, I don't see any incoming "massive dump" (OP words). Lately bitcoin is less volatile than what it used to be so we can't just expect for history to repeat exactly the same all the time.

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Quote from: Redudletech on April 21, 2024, 06:08:41 AM

What I meant was that once Bitcoin reaches $70k to $72k am expecting a dump from there for it to make a correction if you should check the history of Bitcoin halving you should have understand although it's not a financial advice sir.

Even though everyone needs to know the history of Bitcoin's previous halving, it cannot always be used as a reference because what happened this year was very different in that Bitcoin was able to penetrate the ATH before the halving occurred this year. And if you expect a price correction in Bitcoin, this has actually happened to Bitcoin, which was previously at a price range of $70K and is now at $65K. And even though this is very small in terms of price correction percentage, you also have to accept the fact that Bitcoin is getting stronger at this time and is also quite different from before.

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Well, as usual outcome from the spike in price is a drop. People are selling their BTC, they are taking the chance and so we witness a sudden drop in Bitcoin's price. But this is never look worrying in the sense that it recovers back as we believe that bull season is not over yet to think that it continue to drop more. It is too hard to keep the uprising momentum when not all are able to hold, panic selling and FOMO are still a huge factor affecting the market trend and this is not new. It happens before, now, and in the coming years.

But despite the current situation, it was not enough ground to think about no more ATH or it was happening already. People are still expecting that because ATH comes after halving, not before.

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The halving has just ended, After this four year moment occurs, there will be price adjustments that must be taken into account. Even though Bitcoin prices seem to have fallen during this halving, investors enthusiasm and interest in Bitcoin remains high. They still believe the crypto market will show positive growth in the future and the long term potential of Bitcoin could break a new ATH after that.

The crypto market will show a positive effect after the Bitcoin supply is cut in half, usually the Bitcoin price can double or more after the halving. Even though the halving only occurs for one day, it will have a long impact in the period after the halving occurs, it is possible that the bull market cycle will occur again until mid 2025.

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Even a newbie like you can predict that bitcoin will have a big dump after the halving and before the big bull season arrives. If everyone is waiting for this and still hasn't decided to buy bitcoin, do you think the market makers and sharks will please the crowd? They will sell their bitcoins to retail investors like us who buy them, then they will bump the price so we can sell the bitcoins back to them at a high price. Are they that kind and is the bitcoin market really predictable?

What will happen to the market after the halving, I dare say that no one will know, mate.

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Quote from: Redudletech on April 21, 2024, 06:08:41 AM

What I meant was that once Bitcoin reaches $70k to $72k am expecting a dump from there for it to make a correction if you should check the history of Bitcoin halving you should have understand although it's not a financial advice sir.

If the price of Bitcoin had followed historical patterns, we would not have seen levels of $70,000, and since we were near these prices, a strong correction would always occur before the halving, which would lead the price to $30-40,000, but this has not happened currently, and I do not think it will happen soon, which means This pattern has been broken and we may see a completely different cycle from previous cycles.

Quote from: BlackBoss_ on April 20, 2024, 08:14:59 AM

If they want to invest in Bitcoin and get profit, if they believe Bitcoin will make $100,000 or higher, price around $60,000 is very good for entry. Now, they still have chance to do that, from $60,000 to $64,000, it's not too much different and does not mean too much to bargain $4,000 in price if they can earn like $30,000 or $40,000 in profit if Bitcoin hits $100,000.

Whoever wants to invest in the long term will buy, but most of those who have not bought yet are thinking about the short term, which is the possibility of a correction occurring, or at least until the middle of the year we will be below $70,000.

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Quote from: Mrbluntzy on April 21, 2024, 05:02:40 AM

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,

You opened this post yesterday while the price of Bitcoin was not even $70k or $72k, so what other crypto are you referring to? Since last week, Bitcoin was already less than $70k. Cease the confusion and make sure you always look at price before your create topics about Bitcoin price. After I saw this post, I just rush to check if the price of Bitcoin was already $90k which would have been the reason for you to make such gesture of $70k downward movement.

What I meant was that once Bitcoin reaches $70k to $72k am expecting a dump from there for it to make a correction if you should check the history of Bitcoin halving you should have understand although it's not a financial advice sir.

Mrbluntzy

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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,

You opened this post yesterday while the price of Bitcoin was not even $70k or $72k, so what other crypto are you referring to? Since last week, Bitcoin was already less than $70k. Cease the confusion and make sure you always look at price before your create topics about Bitcoin price. After I saw this post, I just rush to check if the price of Bitcoin was already $90k which would have been the reason for you to make such gesture of $70k downward movement.

adaseb

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The reward from the miners is less. Which means overall there will be less selling, less selling means less buying required to keep price at the same levels. Some miners will be completely cut off due to the huge fees required to buy the equipment and keep it running with extreme low electricity costs.

Currently there will be $30M in less BTC added daily at the current prices. If bitcoin doubles that will be able $60M, so it will make a difference overall. The less people that are selling means that there is less resistance. But you get caught up in the hype and expect it to pump right after the halving. Could take months and months. Right now BTC and most risk-on markets have too much geopolitcal risks like we saw twice in the last 7 days.

nakamura12

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The result of the dump after halving might be because of the transaction fee going higher. I think the only ones who hold bitcoin would be those people who have lots of money and where those who doesn't have must be forced to sell because if they won't then they will lose some of their money just for the fees itself. I would do the same as those people because I won't be able to afford the fee and won't have any bitcoin left at all when transferring to another wallet.

uchegod-21

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Quote from: dimonstration on April 20, 2024, 07:26:03 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’m literally confused to your statement even if I’m not a newbie. You are expecting a massive dump around 70K to 72K while the current is around 63k? Are you from future which the price above 100K or you are using the word dump in opposite meaning?

I was just confused that I read Op twice to be sure I'm not the one reading wrongly. And till now OP has not edited it and yet he made the last post on this thread.

@Op, incase you don't know how to edit. On the post you made, look at the top right corner, you will see merit, edit and delete. Click the edit and correct your post and change the value of 70k or 72k to a lesser number to make the post meaningful.

Redudletech

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Quote from: Porfirii on April 20, 2024, 08:38:25 AM

Quote from: Redudletech on April 20, 2024, 08:07:45 AM

Quote from: dimonstration on April 20, 2024, 07:26:03 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’m literally confused to your statement even if I’m not a newbie. You are expecting a massive dump around 70K to 72K while the current is around 63k? Are you from future which the price above 100K or you are using the word dump in opposite meaning?

-snip-

From initial I said from my point of view and literally I can argue your point sir but am talking from my own point of view and perhaps it's not a financial advice just a view from my side let wait and see how the market plays.

After reading your message in the OP I have the same doubts as dimonstration. It has nothing to do with different points of view, but with understanding what you meant when you said you expect Bitcoin price dump to a price quite higher than the current price.

I think that you meant that price will increase from present levels but you foresee a massive dump when it reaches the 70K-72K range. Is that what you meant?

BTW, I was expecting a dump just after the halving, but I'm glad to see that the price is holding steady in the hours after.

Yes sir you got my points right that was what I was expecting to see a dump after the Bitcoin halving but currently Bitcoin is at neutral (crypto RSI)

Porfirii

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Quote from: Redudletech on April 20, 2024, 08:07:45 AM

Quote from: dimonstration on April 20, 2024, 07:26:03 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’m literally confused to your statement even if I’m not a newbie. You are expecting a massive dump around 70K to 72K while the current is around 63k? Are you from future which the price above 100K or you are using the word dump in opposite meaning?

-snip-

From initial I said from my point of view and literally I can argue your point sir but am talking from my own point of view and perhaps it's not a financial advice just a view from my side let wait and see how the market plays.

After reading your message in the OP I have the same doubts as dimonstration. It has nothing to do with different points of view, but with understanding what you meant when you said you expect Bitcoin price dump to a price quite higher than the current price.

I think that you meant that price will increase from present levels but you foresee a massive dump when it reaches the 70K-72K range. Is that what you meant?

BTW, I was expecting a dump just after the halving, but I'm glad to see that the price is holding steady in the hours after.

ryannw

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If you are going to hold for long term, effect of events like halving is also next to nothing.

Those who are impatient will not be able enjoy the real benefit of bitcoin investing. They will take out the rewards on small profit only. Like, from so many people I who started investing in 2012, even a single person is not able to hold those bitcoins purchased at that time. It is impossible to be that much patient for all.

BlackBoss_

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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.

In the last week, Bitcoin dives to price from $59,000 to $60,000 many times and if people did not buy these dips, they only can look at themselves and analyze why they hesitated to buy cheap bitcoins.

If they want to invest in Bitcoin and get profit, if they believe Bitcoin will make $100,000 or higher, price around $60,000 is very good for entry. Now, they still have chance to do that, from $60,000 to $64,000, it's not too much different and does not mean too much to bargain $4,000 in price if they can earn like $30,000 or $40,000 in profit if Bitcoin hits $100,000.

Redudletech

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Quote from: dimonstration on April 20, 2024, 07:26:03 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’m literally confused to your statement even if I’m not a newbie. You are expecting a massive dump around 70K to 72K while the current is around 63k? Are you from future which the price above 100K or you are using the word dump in opposite meaning?

Nevertheless the outcome after halving is already different now compared the previous halving since we experienced early pump before the halving due to the ETF approval. Also the price is not showing any weakness compared before which the price correct more than 50%.

I’m expecting a massive pump when the sewer rats shake-off was finished.

From initial I said from my point of view and literally I can argue your point sir but am talking from my own point of view and perhaps it's not a financial advice just a view from my side let wait and see how the market plays.

Husires

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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.

Kamasylvia

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It's important to remember that correlations and effects between Bitcoin and other cryptocurrencies can vary, and predicting specific outcomes can be challenging. Each cryptocurrency has its own unique set of factors that influence its value and market dynamics.

dimonstration

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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’m literally confused to your statement even if I’m not a newbie. You are expecting a massive dump around 70K to 72K while the current is around 63k? Are you from future which the price above 100K or you are using the word dump in opposite meaning?

Nevertheless the outcome after halving is already different now compared the previous halving since we experienced early pump before the halving due to the ETF approval. Also the price is not showing any weakness compared before which the price correct more than 50%.

I’m expecting a massive pump when the sewer rats shake-off was finished.

Redudletech

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Activity: 23

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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.

Topic: What will Happen to crypto market after Bitcoin halving?? (Read 589 times)