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Topic: Where may we likely see BTC post halving? (Read 173 times)

legendary
Activity: 2282
Merit: 2196
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January 27, 2024, 05:23:27 PM
#23
If you ask me, then this is the last chance to buy bitcoin. It's because we don't know when Bitcoin will pump or dump.No one can predict, actually. We may speculate and take action. That's the reason why the DCA strategy has become popular to accumulate bitcoin. Halving is coming, and we don't know when Bitcoin will start moving up. Like ETF, we were unaware when Bitcoin would pump. We faced dump after ETF after a little pump. You have to understand the market situation and take profits. We must also take the risk to make money from Bitcoin volatility, whether it is halving or ETF.
newbie
Activity: 111
Merit: 0
January 27, 2024, 05:04:20 PM
#22
Yes so, last time a lot of people assumed and speculated that after the approval of the ETF bitcoin would get wider adoption, and it seems that it is a little slow and even more selling than buying, like greyscale and the latest news is that the US government will sell confiscated Bitcoin.

And maybe we will have another drop, because of more selling FUD, but I am optimistic that the halving of bitcoin will increase again, after that we will have a correction again because of course miners sell some of their bitcoin and we will continue the bitcoin price increase in Q3 this year and I think it will be crazier than the previous cycle.
yeah, I am also confident that next bull run could be massive but I am still looking for that entry price if we can see that major drop in price once again.
hero member
Activity: 1498
Merit: 785
January 27, 2024, 04:59:02 PM
#21
It usually takes about a year or a year & a half to really see the Bitcoin price pump considerably. The reduction of supply of newly mined Bitcoin takes a while to be shown in the price. We will see if this time is different but so far each halving has seen the price soar but not immediately after the halving.
This usually will not be much different from the previous cycle which had to wait for more than a year so that bitcoin could jump more rapidly, but the future is difficult to predict, we only see the previous history so it's not certain and it might be almost the same as the previous cycle.

I will not assume too much after halving hoping bitcoin will rise rapidly, that for me is a little more ridiculous even though it thinks it is not true but still looks at past history and becomes a reference where bitcoin will increase.

Make OP you have the opportunity to buy now before it's too late and regret it.
hero member
Activity: 1596
Merit: 566
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January 27, 2024, 04:03:07 PM
#20
I don't want to comment much of Spot ETF as we were aware it won't have much impact on Bitcoin's price and it worked out exactly the same way and as far as last chance to buy and hodl, I am suggesting everyone to start accumulating from now onwards because one fine day you will will woke up and see Bitcoin rice sky rocketing and we will be in dilemma whether to invest into bitcoin or not as FOMO and fear of sudden dump will not give us time to take appropriate decision hence let's start filling our wallet with Bitcoin gradually so that we can sell it during bull run which is expected around 2025. 
hero member
Activity: 2044
Merit: 784
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January 27, 2024, 03:45:55 PM
#19
I prefer to keep myself more conservative about predictions on post-halving Bitcoin. As we can see through BTC's history, each new halving brings lower increasements in price, so probably we aren't going to see something like 11,000$ to 69,000$, taking the last bull season cycle from 2021 as example. Then I guess something around 100,000$ for this current cycle seem solid. It's not a x6 profit opportunity anymore, but it's still possible to expect doubling your investment, what seems quite interesting from a realistic perspective.

We have to be aware the early days of Bitcoin, when prices skyrocketed and millionaires were made in a matter of days, are gone. Now the industry is large enough to be more competitive and opportunities tend to get more scarce as the time, regulations and adoption go by... But of course, I would like to see Bitcoin doing much better than that, and if it's possible to happen yet, I will be joyful!
legendary
Activity: 2422
Merit: 1083
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January 27, 2024, 03:26:26 PM
#18
The BTC ETF approval couldn't spur a major price action as expected by many and the only expected important event that could define the the long awaited bull run would be halving but question is how long does it take for halving to impact price and are we in that period called "last buying chance before bull run?"
Well, as far as I believe you are right about the bitcoin spot ETF approval not triggering the kind of price action we all expected, but one thing I will like us to also know is that, seeds do not germinate, grow into a crop or tress, and bear it's fruit the very day it was planted, or one week, and not even in a month, some really special crops or trees take some really long time to grow and start bearing fruits.
This same thing is how I think we should see the bitcoin spot ETF approval, the seed have been planted, and now, it has germinated and it's growing bit by bit, and in due time, it will start bearing it's fruits, and by then, we all will be happy.

And concerning bitcoin halving, I personally I am not expecting the halving alone to do very much in terms of the much anticipated bull run, some factors still have to play out to trigger the kind of bull run we look forward to, and one of such factors could be the just approved ETF, some big institutions may step in through the ETF to invest big on bitcoin, which should trigger the kind of price action we look forward to.
hero member
Activity: 1414
Merit: 542
January 27, 2024, 01:51:37 PM
#17
The BTC ETF approval couldn't spur a major price action as expected by many and the only expected important event that could define the the long awaited bull run would be halving but question is how long does it take for halving to impact price and are we in that period called "last buying chance before bull run?"

No one can tell, it could be weeks or months. Doesn't really matter though, it will eventually come. The thing is that the accumulation phase could have been done maybe in the last year or so. At least you have save during that time when the price is below <$40k.

However, there is a speculation that the price could go as high as $180k. So if you can invest as this time, maybe you can still profit. It might not be as huge though, but still if there is profit to be made then that might be good already.
hero member
Activity: 826
Merit: 641
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January 27, 2024, 01:28:11 PM
#16
The BTC ETF approval couldn't spur a major price action as expected by many and the only expected important event that could define the the long awaited bull run would be halving but question is how long does it take for halving to impact price and are we in that period called "last buying chance before bull run?"
Halving this, halving that, is the effect that is so important, and not the halving itself but the importance that people attributed to it. This question you just asked is present right in front of you unless you don't have access to a Bitcoin trading chart, this will give you the needed history of the last halving and how they also behaved. Nonetheless what I know from my last reading is that the effects of halving are two, you will see some pre-halving effects just like how it happened last year, a simple ETF news was aggravated due to that, that is my opinion though. But it doesn't end there, there will be some other dramas shortly before the halving time, it could be either bullish or bearish, just be careful at that time.

Also, we have the post-halving effect, and in this, we have the main bull run that people often wait for. This time, I think the effect will happen faster than before, this will be aggravated by the too much expectation of people due to more popularity of the halving tradition. It will not surprise me if people are investing in Bitcoin faster than it happened in the past. However, if it has to move the way it did in the last halving effect, we might be waiting till October before a huge bullish movement would be seen in the market, even though some small-sized effect would have happened, but that would look like usual market movements before the huge one will finally come in play.
sr. member
Activity: 364
Merit: 629
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January 27, 2024, 01:00:55 PM
#15
Things unfortunately don't happen overnight, it's a whole market movement that takes weeks or months to complete the trend.

ETFs already exist in several countries and it takes time to truly boost the price, be patient as everything will happen at the right time.
hero member
Activity: 1470
Merit: 555
dont be greedy
January 27, 2024, 12:56:25 PM
#14
According to history and the 4-year cycle, the bullrun period will start when the halving occurs and the peak will be 1 year after. So Bitcoin should get its ATH point in April 2025, where from April 2024 there will be a price increase for 1 year. But this is not an exact science, because this kind of speculation is very easy to debunk. As long as the market is still volatile, that means we still have the possibility of being wrong in estimating future prices.

If you are looking for timing to buy a good one, now is clearly the right time. Even if prices continue to decline, DCA is the best way to anticipate high average purchasing prices.

You can look at historical bitcoin halving price charts on Google and that will at least give you an idea of when is the best time to buy and sell. And once again I remind you, the future cannot be predicted accurately.
hero member
Activity: 2506
Merit: 645
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January 27, 2024, 12:52:45 PM
#13
The BTC ETF approval couldn't spur a major price action as expected by many and the only expected important event that could define the the long awaited bull run would be halving but question is how long does it take for halving to impact price and are we in that period called "last buying chance before bull run?"

I'm not an expert on the market nor do I make technical analyses and stuff, but from what I've been observing in the market lately, I think it will be fair to say that it is the last buying chance before the bull run even though we don't know when exactly the bull run will start, it can be before the halving, during the halving, after a few months from halving, or even after one year from the halving event. Current prices of cryptocurrencies can be the least one might get in this dip.
ETF approvals undoubtedly didn't perform up to the expectations of most people in the market, even the rumors regarding the approvals had more positive effect on the market than the actual news.
hero member
Activity: 1652
Merit: 772
January 27, 2024, 12:41:18 PM
#12
The BTC ETF approval couldn't spur a major price action as expected by many and the only expected important event that could define the the long awaited bull run would be halving but question is how long does it take for halving to impact price and are we in that period called "last buying chance before bull run?"

The impact of the halving does not occur instantly after the halving occurs, there will be a process where the market realizes that supply is no longer as easy as before, you can see Bitcoin price movements and their relationship to the halving in the following image:


Image Source: CryptoPotato

In fact, in the last halving, it took 18 months before the impact of the halving was visible. IMO, there's no need to wait for the right time to buy Bitcoin, because every time is the right time to buy Bitcoin. You can start with DCA so you won't miss out and get the average value of your Bitcoin purchases.
legendary
Activity: 3262
Merit: 1614
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January 27, 2024, 12:13:59 PM
#11
It usually takes about a year or a year & a half to really see the Bitcoin price pump considerably. The reduction of supply of newly mined Bitcoin takes a while to be shown in the price. We will see if this time is different but so far each halving has seen the price soar but not immediately after the halving.
legendary
Activity: 2226
Merit: 1971
A Bitcoiner chooses. A slave obeys.
January 27, 2024, 11:58:17 AM
#10
The BTC ETF approval couldn't spur a major price action as expected by many and the only expected important event that could define the the long awaited bull run would be halving but question is how long does it take for halving to impact price and are we in that period called "last buying chance before bull run?"

If you want to speculate about the future price of Bitcoin, you should move this topic to speculation. And the last chance to buy is all the time. If you are waiting around to buy Bitcoin in the best price area, then it's more likely that you will simply miss the pump and miss out on the profits.

I would not recommend flip-flopping because of things that may or may influence the Bitcoin price in the short term. Unless you are a successful psychic, there is no way to predict the right time.

But that is up to you, as it is your money.
legendary
Activity: 3248
Merit: 1402
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January 27, 2024, 11:53:16 AM
#9
The price didn't grow immediately after the ETF approvals for a couple of reasons. One is that a lot of BTC got sold as a consequence, including, allegedly, billions of dollars worth of BTC by Grayscale. Another reason is that the news was overhyped well in advance because a potential ETF approval was a major theme of Q4, 2023. In October, the price was below $27k, and now we're at over $40k. That's the ETF approval growth, basically, and it's massive.
As for a proper bull run and full price recovery, I just think it's too early for that, and no events like adoption news can change that. Halving doesn't equal a bull market either, but many expect the price to rise eventually after halving.
full member
Activity: 434
Merit: 199
January 27, 2024, 11:51:04 AM
#8
The BTC ETF approval couldn't spur a major price action as expected by many and the only expected important event that could define the the long awaited bull run would be halving but question is how long does it take for halving to impact price and are we in that period called "last buying chance before bull run?"

Bitcoin spot ETF couldn’t have impact on the price of bitcoin and that is another sign that bitcoin is above some major speculators we see around in the market, I was expecting to see a major price increase too and I am not too surprised as the market didn’t follow that direction. Bitcoin spot ETF already had influence in the market even before its approval and that was because of the fake news that was released about its approval, those price impact then already proved it, so when it was finally approved, there was nothing to impact the market about it again.

Although, I still believe in some market change before the halving as a result of the bitcoin spot ETF approval, but until then, taking advantage of the last dip before the bull run is the best thing to do now. Bitcoin halving is close by and no one will want to afford to miss not stocking up their holdings in the portfolio. The impact of the halving cannot be said to how much it can have effect on the market but overall, during that period after the halving, try not to sell until the bull run season when a new all time-high of bitcoin will be reached.
hero member
Activity: 1932
Merit: 535
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January 27, 2024, 11:37:28 AM
#7
Yes so, last time a lot of people assumed and speculated that after the approval of the ETF bitcoin would get wider adoption, and it seems that it is a little slow and even more selling than buying, like greyscale and the latest news is that the US government will sell confiscated Bitcoin.

And maybe we will have another drop, because of more selling FUD, but I am optimistic that the halving of bitcoin will increase again, after that we will have a correction again because of course miners sell some of their bitcoin and we will continue the bitcoin price increase in Q3 this year and I think it will be crazier than the previous cycle.

What about price increases before the ETF is approved? That price increase was also fueled by optimistic news about the ETF approval. It's just that many people were too greedy to want bitcoin to continue to rise higher when ETFs were officially approved and ignored the warnings of many people to "buy rumors, sell news".

I think from now until the halving there will be no more price drops, the market will continue to recover and increase prices until the halving takes place. But I agree with you that after the halving we will have an correction and will even be the last major correction to officially enter the 2025 bull season.
hero member
Activity: 2926
Merit: 795
January 27, 2024, 11:14:08 AM
#6
The BTC ETF approval couldn't spur a major price action as expected by many and the only expected important event that could define the the long awaited bull run would be halving

Are you blind? Bitcoin price starts to rally hard above 20K right after the filing of Blackrock Spot Bitcoin ETF which gives confidence that for this approval which really comes true. The effect happened before the approval and not on the day during the approval. It’s common on trading to buy the rumor and sell the news to play smart.

Quote
but question is how long does it take for halving to impact price and are we in that period called "last buying chance before bull run?"

Same with Bitcoin ETF approval. Don’t expect that price fluctuations will happened during the day of the event or on a single day because it’s effect will be distributed for a period of time because confidence on buying is not built on a short period of time. Accumulation happens in long time frame either months or years. Bitcoin mining difficulty will be doubled so Bitcoin price will surely grow in the long run after halving.
jr. member
Activity: 45
Merit: 1
January 27, 2024, 10:59:27 AM
#5
Halving is always a big event because it is only every 4 years.
I'm not a financial expert but Bitcoin buyers are likely to want getting more coins until it happens to be prepared for a new bullish trend.

At least, a chance for considerable FUD will be very low during halving.
hero member
Activity: 2184
Merit: 599
January 27, 2024, 09:15:57 AM
#4
Yes so, last time a lot of people assumed and speculated that after the approval of the ETF bitcoin would get wider adoption, and it seems that it is a little slow and even more selling than buying, like greyscale and the latest news is that the US government will sell confiscated Bitcoin.

And maybe we will have another drop, because of more selling FUD, but I am optimistic that the halving of bitcoin will increase again, after that we will have a correction again because of course miners sell some of their bitcoin and we will continue the bitcoin price increase in Q3 this year and I think it will be crazier than the previous cycle.
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