It is believed that the price of Bitcoin will increase by 80% after the halving. But how far will the price of Bitcoin drop if there are not a large number of people buying Bitcoin.
A lot of people have indicated that this is an opportunity to buy bitcoins now and stash them. But why is the price of Bitcoin still the same. I think Bitcoin may repeat history, but it may not. I don't believe in prophecies.
Topic: Will Bitcoin Repeat History ? - page 2. (Read 1006 times)
Starting at the peak of 2013, then the history repeats in 2017, and again in 2021. Do we still have to doubt bitcoin repeating its history? I think Bitcoin had established a cycle given the previous history of its attaining and breaking records of ATH every 4 years. So the question of whether Bitcoin will repeat its history can be answerable with yes. Besides all throughout human history, the same kind of event happened and keeps on repeating. It may not include the same people and place, but the core of the incident is the same. This is solid proof that Bitcoin has huge chance of repeating its history again.
but I think that in the future bitcoin will be difficult to predict like the bul run, of course it will be difficult to predict and it could happen every 5 years or less because of course no one will know about it all. and it could be that the cycle that has occurred is just a coincidence, so basically no one will know whether bitcoin will repeat history or not.
History repeats itself and bitcoin is not an exception to it. Everything have got certain time period for the history to get repeated. For bitcoin it is four years. The cyclical pattern of movement continues. The best part we can't be sure about this move. At times the same could have deviation in the market movement due to unexpected events happening in the market.
With bitcoin we can assume the transition, but we can't be sure of the market bottom and the top. So, to make the success out of the cryptomarket we need to be very calculative if not things could go completely in the opposite direction.
With bitcoin we can assume the transition, but we can't be sure of the market bottom and the top. So, to make the success out of the cryptomarket we need to be very calculative if not things could go completely in the opposite direction.
Starting at the peak of 2013, then the history repeats in 2017, and again in 2021. Do we still have to doubt bitcoin repeating its history? I think Bitcoin had established a cycle given the previous history of its attaining and breaking records of ATH every 4 years. So the question of whether Bitcoin will repeat its history can be answerable with yes. Besides all throughout human history, the same kind of event happened and keeps on repeating. It may not include the same people and place, but the core of the incident is the same. This is solid proof that Bitcoin has huge chance of repeating its history again.
We are now confident that every 4-year cycle is really going to happen. Yet, some people never see and understand it but rather make their other market assumptions, of course, that was their opinion as well.Many people base their assumption on what they are personally thinking without looking at the possible evidence that the history is already repeating itself. Look at the price now, the current price today is the price of BTC during 2018, thus price history of Bitcoin repeats itself. Now the trend and cycle of breaking ATH also repeats itself, and I believe will also repeat itself after the 2024 halving.
However, with the course of the market trend since January, we already know that dump will still dominate the market this year, and no signs of a Bullrun. That is why we also need to make HOLD become habitual as this is certainly needed here in crypto as I can see that this bear season will stay until next year.
Well there is no bull run in the year after the ATH is recorded. So it is expected to happen this year when the new ATH was just recorded a year ago.
Starting at the peak of 2013, then the history repeats in 2017, and again in 2021. Do we still have to doubt bitcoin repeating its history? I think Bitcoin had established a cycle given the previous history of its attaining and breaking records of ATH every 4 years. So the question of whether Bitcoin will repeat its history can be answerable with yes. Besides all throughout human history, the same kind of event happened and keeps on repeating. It may not include the same people and place, but the core of the incident is the same. This is solid proof that Bitcoin has huge chance of repeating its history again.
We are now confident that every 4-year cycle is really going to happen. Yet, some people never see and understand it but rather make their other market assumptions, of course, that was their opinion as well. However, with the course of the market trend since January, we already know that dump will still dominate the market this year, and no signs of a Bullrun. That is why we also need to make HOLD become habitual as this is certainly needed here in crypto as I can see that this bear season will stay until next year. Starting at the peak of 2013, then the history repeats in 2017, and again in 2021. Do we still have to doubt bitcoin repeating its history? I think Bitcoin had established a cycle given the previous history of its attaining and breaking records of ATH every 4 years. So the question of whether Bitcoin will repeat its history can be answerable with yes. Besides all throughout human history, the same kind of event happened and keeps on repeating. It may not include the same people and place, but the core of the incident is the same. This is solid proof that Bitcoin has huge chance of repeating its history again.
We are now confident that every 4-year cycle is really going to happen. Yet, some people never see and understand it but rather make their other market assumptions, of course, that was their opinion as well. However, with the course of the market trend since January, we already know that dump will still dominate the market this year, and no signs of a Bullrun. That is why we also need to make HOLD become habitual as this is certainly needed here in crypto as I can see that this bear season will stay until next year.
Starting at the peak of 2013, then the history repeats in 2017, and again in 2021. Do we still have to doubt bitcoin repeating its history? I think Bitcoin had established a cycle given the previous history of its attaining and breaking records of ATH every 4 years. So the question of whether Bitcoin will repeat its history can be answerable with yes. Besides all throughout human history, the same kind of event happened and keeps on repeating. It may not include the same people and place, but the core of the incident is the same. This is solid proof that Bitcoin has huge chance of repeating its history again.
People keep connecting Bitcoin rise to halvings, which I still believe is just one way to look at it, not the objective position on the matter. Bitcoin grows over time, and there haven't been enough 4-year cycles with enough data to attribute this growth specifically to halving events. Conveniently, when speaking of halvings, people usually take the whole year when it happens if not even the next one. That's a huge time span, whereas if we look at halvings and the price, say, a couple of months before and a couple of months later, the picture doesn't add up as nicely.
2022 is almost over, and it seems likely that it won't have a strong finish. But the bear market can be over at any point in 2023, maybe there's no need to wait for 2024 or even a year after that.
2022 is almost over, and it seems likely that it won't have a strong finish. But the bear market can be over at any point in 2023, maybe there's no need to wait for 2024 or even a year after that.
Yes this trend has been seen in every 4 years. Many early investors have witnessed about this, and I too can agree on this. But to be honest, this time the bear market has been there for long time then the previous ones. So yes we might see a different trend following this time.
In this bull run and this bear market, Bitcoin breaks its history. In the recent bull run, Bitcoin only has about 3-time increase from its 2017 and 2018 bull run All time high. From its latest all time high, it is a first time Bitcoin fell below its all time high in previous bull run, which is $20,000.Two times history does not repeat itself completely in this cycle. Fortunately, at least we know halving every four years will help Bitcoin has a new bull run and I positively think that it will make a new all time high for each halving.
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Moreover we shouldn’t be upset with the price of the coin, as it will only increase when we demand it more. So due to the limited amount in supply, when people will start more buying then selling, the price will automatically go up.
Adoption increases, demand increases and only 21 million bitcoins in total supply. In circulating supply, there are more bitcoins lost forever by careless Bitcoin users who don't write down their seeds correctly and don't have good and usable backups
Yes, the charts tell us that. Every 4-5 years, the price of bitcoin experiences a high bull run. But we can’t say if this will really happen. I think, one should place their bets with careful analysis and invest that they can afford to lose.
I am looking the charts of bitcoin to make some trade on it and found a historical turning point on it what you guys are thinking about it check and leave your opinions.
https://youtube.com/shorts/tycNLzRi44o?feature=share
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For a course of 4 years and seeing the history on how it did really end up or the path that it did take then we can really presume that it does really have high chances that we might be seeing on the same pathhttps://youtube.com/shorts/tycNLzRi44o?feature=share
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on upcoming years to come, but it cant really be that an assured thing that we would be seeing some high numbers but lets hope that it will but make yourself that prepared on whatever things might happen ahead.
There's no assurance once you had invested on this market where it cant really be assured whether we would really be making huge profits on long term or not.
So if you could put up some risk on accumulating and holding bitcoin for too long then its up on someones choice.
Bitcoin is getting more and more popular every year. In this regard, its price now depends on more factors (politics, commerce, the energy crisis, huge inflation in America) than before, and now they are much more inhibiting its growth. I agree with you that bitcoin is cyclical, BUT it will take a lot more time now, waiting for the bull market.
Yes, in a theory or graphic analysis. However this question appears to imply that bitcoin is an automatic machine that will spin faster every 4 years. We are, and everyone who trade BTC will affect the market, don't we? High price are possible if there are several factors, such as news, government statements, and others.
Meanwhile, people are avoiding spending money due to the economic crisis, and it remains to be seen if the crisis will end in 2024 or 2026.
Of course we won't know whether the bitcoin price will repeat itself like last year or not because of the worsening economic crisis, but I think the bull run market will definitely come again, but we won't know the time.Meanwhile, people are avoiding spending money due to the economic crisis, and it remains to be seen if the crisis will end in 2024 or 2026.
There are historical turning points every 4 years. It's when the price breaks the maximum of the previous cycle. When that happens, the price tends to go up like crazy until it reaches a new average price.
So yes, it repeats history every 4 years
So yes, it repeats history every 4 years
Yes this trend has been seen in every 4 years. Many early investors have witnessed about this, and I too can agree on this. But to be honest, this time the bear market has been there for long time then the previous ones. So yes we might see a different trend following this time. Moreover we shouldn’t be upset with the price of the coin, as it will only increase when we demand it more. So due to the limited amount in supply, when people will start more buying then selling, the price will automatically go up.
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I am looking the charts of bitcoin to make some trade on it and found a historical turning point on it what you guys are thinking about it check and leave your opinions.
https://youtube.com/shorts/tycNLzRi44o?feature=share
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Talking about bitcoin repeating its history, bitcoin made a history in 2013 as well as set a record, which I believe was the first, in 2017, it repeated that history and broke the record it set in 2013, and again in 2020, it repeated the history again and broke the record it set in 2017.....https://youtube.com/shorts/tycNLzRi44o?feature=share
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We are now in 2022 and the price of bitcoin has dropped a little below its 2017 all time high, alot of investors are looking forward to 2024, hoping that bitcoin makes another history and maybe break the record it set in 2020, we can only guess or predict, nothing is certain, though the chances are high, but only count on it if you are currently investing in bitcoin hoping for 2024 to come, hopefully, bitcoin wont disappoint us.
The point is no one can repeat history in term of physical objects or emotional objects. The focus is History Repeats itself. Let me put an example BTC made one ATH then History Repeats it self. You can say that everything in this World is cyclical so be prepared. In crypto your preparation is = Accumulation and your Patience= Rewards and Rewards occurs through the Holdings..
I am looking the charts of bitcoin to make some trade on it and found a historical turning point on it what you guys are thinking about it check and leave your opinions.
https://youtube.com/shorts/tycNLzRi44o?feature=share
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History will repeat itself in Bitcoin price,it may not be the exact 4yrs as history have recorded so far but it might be a little bit close to the four years or a little bit after. If you look at the bear and bull,its the same record, where the bear comes after the bull. Therefore the must be ATH which we will also experience. Let's not just see that the bull market price bitcoin will be very expensive, it might not be very expensive to the extend we are assuming. Even in our lives if we sit and think back,you will see that we have ups and downs which comes at a particular interval. There is nothing happening now that hasn't happened before,if you look back at history, Bitcoin price will repeat history no matter the factors affecting ithttps://youtube.com/shorts/tycNLzRi44o?feature=share
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The moment people realized it is the 4th year and halving must be really soon lifting bitcoin price into its all time high then the more people will holding their bitcoin first instead of keep buying it .. you know what? There will always a moment for thise who are not true believer gonna sell their bitcoin due their impatience , that's for me the moment bitcoin warming up to the next ATH.
I am looking the charts of bitcoin to make some trade on it and found a historical turning point on it what you guys are thinking about it check and leave your opinions.
https://youtube.com/shorts/tycNLzRi44o?feature=share
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History will repeat itself in Bitcoin price,it may not be the exact 4yrs as history have recorded so far but it might be a little bit close to the four years or a little bit after. If you look at the bear and bull,its the same record, where the bear comes after the bull. Therefore the must be ATH which we will also experience. Let's not just see that the bull market price bitcoin will be very expensive, it might not be very expensive to the extend we are assuming. Even in our lives if we sit and think back,you will see that we have ups and downs which comes at a particular interval. There is nothing happening now that hasn't happened before,if you look back at history, Bitcoin price will repeat history no matter the factors affecting ithttps://youtube.com/shorts/tycNLzRi44o?feature=share
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~snip~
This means we are going to end up seeing a big increase in 2023 when normally people are expecting it on 2024 or 2025, and that may or may not happen but I am preparing myself for something like that, if I am wrong then all that changes would be me waiting a few more years.
This means we are going to end up seeing a big increase in 2023 when normally people are expecting it on 2024 or 2025, and that may or may not happen but I am preparing myself for something like that, if I am wrong then all that changes would be me waiting a few more years.
The big increase in 2023 may not be valid yet, but we do have to be prepared for any situation that might happen. I personally have to be ready at any time, a bearish or bullish market can certainly be profitable if I can take advantage of the moment well. The new ATH will definitely be reached, but it's just a matter of time. Remember that Bitcoin has been known and adopted by many parties. And if bitcoins have been mined Bitcoins are getting rarer and the price will definitely be more expensive.
I am looking the charts of bitcoin to make some trade on it and found a historical turning point on it what you guys are thinking about it check and leave your opinions.
https://youtube.com/shorts/tycNLzRi44o?feature=share
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https://youtube.com/shorts/tycNLzRi44o?feature=share
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It's more than accepted that the Bitcoin price follows a 4-year cycle in which the prices breach through the previous highs and then the price finds a new All-Time High, This has been so since 2009. Unfortunately, it's also accepted that every cycle comes to an end and this may also be true when it comes to the Bitcoin price. Bitcoin has endured so much since its inception, however, regulation is now becoming an enormous hindrance and nobody knows how CBDCs will impact the cryptocurrency Industry once many countries follow through. Right now, it is all a big IF. I still feel we will see new highs soon or in the worst-case scenario, we may be in for a neverending downfall.
I am looking the charts of bitcoin to make some trade on it and found a historical turning point on it what you guys are thinking about it check and leave your opinions.
https://youtube.com/shorts/tycNLzRi44o?feature=share
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https://youtube.com/shorts/tycNLzRi44o?feature=share
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It is expected to come this question from a newbie. Yes bitcoin repeats history in the way where it always breaks it's ATH.
We have seen bitcoin in a bear run bottoming out and starting a reversal followed by a bull run which creates a new ATH.
This cycle repeats in a span of 4-5 years and there's a catalyst such as the bitcoin halving or paypal accepting cryptocurrencies which triggers the bull run.
Currently there is no such big positive news which triggers a bull run but it will happen.
I have witnessed this in the past few years.
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