Bitcoin Forum

Economy => Trading Discussion => Topic started by: KupaCrypto on April 07, 2024, 08:24:07 AM



Title: Factors that might affect ATH in BTC price after halving
Post by: KupaCrypto on April 07, 2024, 08:24:07 AM

BTC halving have historically proved to be a time for consecutive bullish run, that have always ended up in an ATH, due to the ATH experienced this year before the halving event questions have been asked about the market repeating an ATH after halving or not, investors are waiting for for the right time to buy and hodl some BTC  the price of BTC after halving might be influenced by some current and potential macroeconomic problems and conditions such as elections in the USA and other economic powerhouses,

Other factors that can influence the volatility of BTC includes the arrival time of the ETF right before BTC halving event , when the supply is cut short, then the demand for it becomes more acceptable, the upcoming event especially the USA election might prove a major factor in getting another ATH in the price of BTC after the halving,


Title: Re: Factors that might affect ATH in BTC price after halving
Post by: Bushdark on April 07, 2024, 08:40:44 AM
If the USA election is going to affect the ATH then that would be better to push the price of Bitcoin going bullish because what investors wants to keep seeing is high bull market and everyone wants to keep seeing green candles is a show of buying momentum.
I don't really know if the United States election would have influence on the price of Bitcoin after the halving but it will be acceptable if we see such kind of movement. Since the launch of the ETF, the price of Bitcoin has been doing pretty well.


Title: Re: Factors that might affect ATH in BTC price after halving
Post by: Bureau on April 07, 2024, 09:28:40 AM
Stock market would react to the outcome of US election but I don't think Bitcoin price will be impacted. After halving event the next bull run doesn't happen immediately it takes a time which can be six months to a year. I am not expecting a big push in the price of Bitcoin this year. I think 2025 will be the year when we might be seeing a big bull run.


Title: Re: Factors that might affect ATH in BTC price after halving
Post by: electronicash on April 07, 2024, 08:39:17 PM

the inflation is surely going to affect. it's going to rise because oil production is limited by OPEC, and the rich will be buying BTC thinking it is the hedge.

since Trump had already expressed that Bitcoin is an alternative money, then probably this could be a Bitcoin election, it's still more than 6 months so there are lots of things that could happen. for Biden being the current president, it only takes a few days to promote himself which could alter the course.



Title: Re: Factors that might affect ATH in BTC price after halving
Post by: stomachgrowls on April 07, 2024, 08:47:54 PM

BTC halving have historically proved to be a time for consecutive bullish run, that have always ended up in an ATH, due to the ATH experienced this year before the halving event questions have been asked about the market repeating an ATH after halving or not, investors are waiting for for the right time to buy and hodl some BTC  the price of BTC after halving might be influenced by some current and potential macroeconomic problems and conditions such as elections in the USA and other economic powerhouses,

Other factors that can influence the volatility of BTC includes the arrival time of the ETF right before BTC halving event , when the supply is cut short, then the demand for it becomes more acceptable, the upcoming event especially the USA election might prove a major factor in getting another ATH in the price of BTC after the halving,
Wayback into those earlier years in crypto space as a whole, then events such as this arent something that needs to be in concerned or something that you would really be needing to worry because this is something that wont really be giving out any effect into crypto space but since we are on the years or the moment on which institutional funds had already flow into this crypto space or something that talks about government and big institutors that are already that dive or know about this market then it wont really be shocking that sentiments such as this would really be likely having that kind if impact.

Although it wont really that 100% that it would be making out such effect, it is really just that there are really people who would really be that worry
in regarding about into those probable effects that it could give. Fundamentals or events such as this isnt something that give that sure impact but at least be wary
and making out necessary preparations isnt that a bad thing either.


Title: Re: Factors that might affect ATH in BTC price after halving
Post by: Husires on April 07, 2024, 08:59:30 PM
If the halving comes and you have not made a serious investment, you will definitely not achieve a good profit from the investment, as the period preceding the halving of about 6 months to a year is the best investment time ever.


Title: Re: Factors that might affect ATH in BTC price after halving
Post by: Alone055 on April 07, 2024, 10:46:28 PM

BTC halving have historically proved to be a time for consecutive bullish run, that have always ended up in an ATH, due to the ATH experienced this year before the halving event questions have been asked about the market repeating an ATH after halving or not, investors are waiting for for the right time to buy and hodl some BTC  the price of BTC after halving might be influenced by some current and potential macroeconomic problems and conditions such as elections in the USA and other economic powerhouses,

Other factors that can influence the volatility of BTC includes the arrival time of the ETF right before BTC halving event , when the supply is cut short, then the demand for it becomes more acceptable, the upcoming event especially the USA election might prove a major factor in getting another ATH in the price of BTC after the halving,

The market will mark another all-time high for sure, no questions asked. I wonder why one would think that since we have seen Bitcoin hitting a new ATH before the halving, it wouldn't be able to cross that price post-halving when we know that the actual time for the bull run comes after a few months of the halving.

The movements of the market, specifically Bitcoin, have been irregular this time around, I know and it's noticeable, however, that doesn't mean the demand won't increase after the halving event because we know the whole cryptocurrency industry keeps an eye on the halving and think the market will go up after it, so there will always be more investors buying assets around that time hence the prices will go up once again despite the pre-halving rallies we've seen.


Title: Re: Factors that might affect ATH in BTC price after halving
Post by: MusaMohamed on April 08, 2024, 03:08:54 AM
If the halving comes and you have not made a serious investment, you will definitely not achieve a good profit from the investment, as the period preceding the halving of about 6 months to a year is the best investment time ever.
Invest and keep your investment months after the halving, will help you get good opportunity to gain profit. If you invest in Bitcoin before the halving, it's good but if you can not hold your investment position several months after halving, you even will panic sell with loss. Holding is key to get profit with Bitcoin investment in a bull run.

Dips in a bull run are good opportunities to accumulate more bitcoins and take profit when Bitcoin recovers after its dip and even will make higher highs.


Title: Re: Factors that might affect ATH in BTC price after halving
Post by: GreatArkansas on April 08, 2024, 03:20:26 AM
(....)
Other factors that can influence the volatility of BTC includes the arrival time of the ETF right before BTC halving event , when the supply is cut short, then the demand for it becomes more acceptable, the upcoming event especially the USA election might prove a major factor in getting another ATH in the price of BTC after the halving,
It seems the ETF approval time was just a coincidence, no one expected it would get accepted before this upcoming Bitcoin block halving.
But if you notice, we already created new all-time high before the Bitcoin block halving, that is the same experience we had in previous Bitcoin block halvings even no such ETF approval news or events.


Title: Re: Factors that might affect ATH in BTC price after halving
Post by: Bananington on April 08, 2024, 03:35:41 AM
(....)
Other factors that can influence the volatility of BTC includes the arrival time of the ETF right before BTC halving event , when the supply is cut short, then the demand for it becomes more acceptable, the upcoming event especially the USA election might prove a major factor in getting another ATH in the price of BTC after the halving,
It seems the ETF approval time was just a coincidence, no one expected it would get accepted before this upcoming Bitcoin block halving.
But if you notice, we already created new all-time high before the Bitcoin block halving, that is the same experience we had in previous Bitcoin block halvings even no such ETF approval news or events.
After the halving, we should be expecting Bitcoin price to get well above the current ATH to get to about $120k before November.
While the ETF approval may have done little to pump the price of BTC, the main reason for the pump  is still due to the halving event of which every investor who has experienced the former halving or is wanting to get ready with their coins after this expected halving is getting set to  take advantage of the bull run that follows.
Some would just continue to HoDL, but what would affect the price is mostly the demand at the time.


Title: Re: Factors that might affect ATH in BTC price after halving
Post by: Mpamaegbu on April 08, 2024, 06:33:36 AM
...the upcoming event especially the USA election might prove a major factor in getting another ATH in the price of BTC after the halving,
I don't understand the logic on why the upcoming election in the US will be pivotal in giving Bitcoin another ATH. America with all her shenanigan towards Bitcoin can never be said to aid it. I don't believe it will boost BTC price. What I know is that there's going to be some alts floated to raise money for major front runners in the elections and that's as far as it goes. Those alts can blossom but I don't see that transcending to Bitcoin. It's a coin–cidence that the US election is the same year of Bitcoin halving and that makes it look like it has any impact on it. It doesn't.


Title: Re: Factors that might affect ATH in BTC price after halving
Post by: hd49728 on April 08, 2024, 07:43:20 AM
I don't understand the logic on why the upcoming election in the US will be pivotal in giving Bitcoin another ATH. America with all her shenanigan towards Bitcoin can never be said to aid it. I don't believe it will boost BTC price. What I know is that there's going to be some alts floated to raise money for major front runners in the elections and that's as far as it goes. Those alts can blossom but I don't see that transcending to Bitcoin. It's a coin–cidence that the US election is the same year of Bitcoin halving and that makes it look like it has any impact on it. It doesn't.
It is speculation on potential changes in politics in the USA. from Democratic party to Republic party as main political force in the country next four years. Because the Biden administration does not treat cryptocurrency industry fairly and friendly, people speculate that if the Republic Party takes their progress in the White House and Congress, there will be changes that are helpful for cryptocurrency industry.

I agree that speculation is speculation only, we can not be sure about what will happen in the USA. from politics to their policy after the President Election.


Title: Re: Factors that might affect ATH in BTC price after halving
Post by: slaman29 on April 08, 2024, 08:03:38 AM
OP totally failed to mention that we achieved a new ATH this year BEFORE the halving, so this current halving might no longer have the same effect OR even make a bigger effect.

Something a bit artificial feels like this one to me, which is strange very few people are calling it out, unlike in past years.

Not that it matters natural or artificial.


Title: Re: Factors that might affect ATH in BTC price after halving
Post by: Synchronice on April 08, 2024, 09:35:51 AM

BTC halving have historically proved to be a time for consecutive bullish run, that have always ended up in an ATH, due to the ATH experienced this year before the halving event questions have been asked about the market repeating an ATH after halving or not, investors are waiting for for the right time to buy and hodl some BTC  the price of BTC after halving might be influenced by some current and potential macroeconomic problems and conditions such as elections in the USA and other economic powerhouses,

Other factors that can influence the volatility of BTC includes the arrival time of the ETF right before BTC halving event , when the supply is cut short, then the demand for it becomes more acceptable, the upcoming event especially the USA election might prove a major factor in getting another ATH in the price of BTC after the halving,
To be honest, I think that if Bitcoin ETF approval was announced months later after Bitcoin Halving, we would see a very decent bull market. Since it was announced before halving, we already saw ATH, so it's really hard to say what will happen after halving because one of the most triggering factor is already in the game. I think that we might see dump, as low as 50K and then rise again.
Overall, absolutely everything affects Bitcoin's price since it's not really hard to speculate. We already saw how influential Elon Musk's statements were on Bitcoin's price. Elections might affect Bitcoin's price if the upcoming president bans it, taxes it, supports it or does anything with it. If the new president doesn't touch it, I don't understand how elections would affect Bitcoin's price. Overall, there are many factors that affect it. We even saw how an accidentally posted tweet from SEC affected price within minutes.


Title: Re: Factors that might affect ATH in BTC price after halving
Post by: Adbitco on April 08, 2024, 09:39:16 AM
Bitcoin price as we may know could turned out something unimaginable, be it surge in price or decline in price. And as investors entering the market at the current situation is very risky because you can't predict what the market will unravel between now till the end of this month or, watching it till this year finishes, and I still have the strong believe that history might still repeat itself about halving, even though we had already gained the ATH before we enters the bull run mainly.


Title: Re: Factors that might affect ATH in BTC price after halving
Post by: jrrsparkles on April 08, 2024, 12:48:32 PM

BTC halving have historically proved to be a time for consecutive bullish run, that have always ended up in an ATH, due to the ATH experienced this year before the halving event questions have been asked about the market repeating an ATH after halving or not, investors are waiting for for the right time to buy and hodl some BTC  the price of BTC after halving might be influenced by some current and potential macroeconomic problems and conditions such as elections in the USA and other economic powerhouses,

Other factors that can influence the volatility of BTC includes the arrival time of the ETF right before BTC halving event , when the supply is cut short, then the demand for it becomes more acceptable, the upcoming event especially the USA election might prove a major factor in getting another ATH in the price of BTC after the halving,

Usually, post-halving is the period when we see the real surge in the BTC price along with the other cryptos, now USA elections may influence the prices but results might help the growth more especially if the elected government is in support of cryptos.

If you are an investor, just don't worry about the ATH alone, invest right now and in the long term you won't regret missing it.


Title: Re: Factors that might affect ATH in BTC price after halving
Post by: Mpamaegbu on April 08, 2024, 09:58:17 PM
~snipped~
Though the COVID pandemic actually affected Bitcoin in 2020, Keep in mind that the bulk of the last Bitcoin bull run took place after the 2020 presidential election it made its real move in the final quarter of 2020. It shattered its all-time high by breaching $15,000 in November 2020, moving above $20,000 in December 2020, and ending the year at around $29,000, so with all this statistic BTC is up for a bull run after the halving and the presidential elections.
The last Bitcoin ATH in the last circle stood above $68k and that happened in 2021. I don't believe the USA election had any hand in that. Like I stated earlier, it's pure coincidence that both events – Halving and the US election – come up the same year every four years. Also, we know that in the past (maybe it will be different this year) new ATHs had always happened a year after halving. If we follow that logic and historical data it means that Bitcoin hasn't seen its new ATH in this circle yet. That a new ATH will come in 2025. It's the expectation. Whether the US election holds or not, it won't prevent Bitcoin attaining it's ATH. Who knows, we may have it also pushed into 2026 as the emergence of institutional presence is changing the dynamics and narratives now.


Title: Re: Factors that might affect ATH in BTC price after halving
Post by: Ahli38 on April 09, 2024, 01:57:49 AM
I'm not really focused on politics or the elections that are happening or will be happening in the US on November 5th. But it cannot be denied that sometimes this has an effect. But I prefer to focus on the amount of BTC that has been accumulated by large companies like Blackrock and others whose numbers continue to increase rapidly. And this proves that when people are not strong enough to hold bitcoin and release it at the current price it will only make large companies or institutions continue to accumulate more. And I think this will make Bitcoin even stronger in the upward trend. Because the accumulation of large institutions has not yet ended and is still continuing. And I think this is what will have an effect slowly and sustainably.


Title: Re: Factors that might affect ATH in BTC price after halving
Post by: adaseb on April 09, 2024, 03:19:47 AM
...the upcoming event especially the USA election might prove a major factor in getting another ATH in the price of BTC after the halving,
I don't understand the logic on why the upcoming election in the US will be pivotal in giving Bitcoin another ATH. America with all her shenanigan towards Bitcoin can never be said to aid it. I don't believe it will boost BTC price. What I know is that there's going to be some alts floated to raise money for major front runners in the elections and that's as far as it goes. Those alts can blossom but I don't see that transcending to Bitcoin. It's a coin–cidence that the US election is the same year of Bitcoin halving and that makes it look like it has any impact on it. It doesn't.

It will have an effect some-what. You need to understand that if Trump wins the election then the stock market will rally hard. Like it did for most of Trumps term. And when the stock market rallies so will Bitcoin because from time to time its closely correlated.

We also know that he has a good stance on crypto now after he was pumping those Trump Card NFTs last year. And he also stated he likes Bitcoins for what it is. Complete opposite of what he said last time as he was president. So its very bullish.


Title: Re: Factors that might affect ATH in BTC price after halving
Post by: Yamifoud on April 09, 2024, 05:39:09 AM
Other factors that can influence the volatility of BTC includes the arrival time of the ETF right before BTC halving event , when the supply is cut short, then the demand for it becomes more acceptable, the upcoming event especially the USA election might prove a major factor in getting another ATH in the price of BTC after the halving,
It could be one and many others which is why we can't expect that the surge is going straightforward but must expect some price drops.
And that is why we never know when the ATH arrives ( or we are already there). But this is only one thing I would say, keep holding and just sell when the price hits your target selling price. The dumps and pumps are still a thing we witness, and so many factors that affect the price trend but if we are certain in our goal, it will be rewarded. Better don't mind all those things that influence the market price instead, focus on our goal.

The halving is just around the corner and the results are still uncertain but we are positive about it.


Title: Re: Factors that might affect ATH in BTC price after halving
Post by: shinratensei_ on April 09, 2024, 06:34:32 AM
I will also add the factor that might further increase the price of bitcoin that is the presence of people making L2 for bitcoin trying to urge people to lock their BTC right now so many platform are trying to make L2 for bitcoin such as BEVM, bounceBit and so on, I don't know how good they are, since i haven't skimmed over these project technicality and see whether they are truly reliable, but I think the fact that these project trying to urge people to lock their bitcoin into smart contract and its usually the wrapped bitcoin in ethereum blockchain or other I think it could also increase scarcity of bitcoin.

while the other factor should be the amount of people invested into the ETF it seems like its growing like there's no tomorrow.
so many people are so bullish into bitcoin even at current price $70k the buy demand is still so strong, moreover it just need a little push for it to make breakthrough beyond $70k and im expecting it to happen this month.
never have a doubt with bitcoin price increase as avid bitcoin holder.


Title: Re: Factors that might affect ATH in BTC price after halving
Post by: retreat on April 09, 2024, 06:54:41 AM
If it was related to ETFs or Halving, maybe I would accept those reasons that influence Bitcoin's ATH, but the USA vote? I don't think so. Because the US election is not directly related to the price of Bitcoin, unless the election ends in chaos, but even so it also does not have a significant impact on the price of Bitcoin because the most affected is probably the American stock market, not Bitcoin.


Title: Re: Factors that might affect ATH in BTC price after halving
Post by: el kaka22 on April 09, 2024, 04:53:24 PM
I think the biggest thing that will impact the halving would be the amount of miners that shut their machines off for a while. This matters because difficulty is high, and until that difficult is adjusted, we are going to see nobody making that much, and most will even lose, unless they are super efficient. During this period, people will lose money and they will stop selling and that will make the price go up.

A lot of people will keep on buying too, specially with this new ETF situation that will not end. So when you think about it, this readjustment period will definitely make it very hard and won't keep it any lower. I believe that the price will skyrocket near 100k levels thanks to this, and should be something nice for holders.


Title: Re: Factors that might affect ATH in BTC price after halving
Post by: batang_bitcoin on April 09, 2024, 10:07:16 PM
If it was related to ETFs or Halving, maybe I would accept those reasons that influence Bitcoin's ATH, but the USA vote? I don't think so. Because the US election is not directly related to the price of Bitcoin, unless the election ends in chaos, but even so it also does not have a significant impact on the price of Bitcoin because the most affected is probably the American stock market, not Bitcoin.
USA election you mean? sometimes there could be some price actions during that time. It's just not that visible for now but the ATH can do some of its move at that time because whoever wins the next president of the US can say such about Bitcoin that will be taken literally by the market. So, there's a possibility that it can move the market a bit after whoever wins the presidency at that rate and because of some speech and if that includes Bitcoin, we're all reactive.


Title: Re: Factors that might affect ATH in BTC price after halving
Post by: Assface16678 on April 09, 2024, 11:09:23 PM
Truly, ETF and halving events may be the main factors in the bitcoin price skyrocketing, but I don't think that the USA election has a factor or effect on the bitcoin price. I don't see any relation between bitcoin and the USA election; maybe you OP should eaborate this statement. But yeah, I think the main factor in bitcoin reaching and setting up another ATH is ETF approval. After that, you will notice that there is a dip in price that made bitcoin reach $38k, and after that price, the bitcoin price keeps on increasing and climbing up because the demand for bitcoin is getting greater as purchasing bitcoin is much easier. Thanks to ETF approval, many big companies can bring their bitcoin assets legally. And the saga continues. As bitcoin got hyped, so many investors also engaged in buying bitcoin, which made it skyrocket in price. Now we will wait to see if the halving event will make the bitcoin price even higher.


Title: Re: Factors that might affect ATH in BTC price after halving
Post by: Dailyscript on April 10, 2024, 06:35:31 AM
I think the biggest thing that will impact the halving would be the amount of miners that shut their machines off for a while. This matters because difficulty is high, and until that difficult is adjusted, we are going to see nobody making that much, and most will even lose, unless they are super efficient. During this period, people will lose money and they will stop selling and that will make the price go up.

A lot of people will keep on buying too, specially with this new ETF situation that will not end. So when you think about it, this readjustment period will definitely make it very hard and won't keep it any lower. I believe that the price will skyrocket near 100k levels thanks to this, and should be something nice for holders.
You have made a brilliant point here. I dont think the ETF and the Macro economical factor will really affect the halving process this year. This is because it has already done that early before now which we saw a new ATH. At first it delayed after the WTF was approved, then slowly adoption started increase and gradually the price of Bitcoin rose. Well, i have no doubt that the miners would not want to shut down their machines for a while. If they do so many things will occur, like high transaction fees because of congestion and as well bitcoin upward movement in price.