GbitG
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May 16, 2024, 08:11:29 PM |
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So far, I believe Bitcoin has been doing well after halving. The price isn't at the highest level, but it's pretty close to that. It seems to me that, with long bear markets, Bitcoin price is 50% or more below the ATH most of the time, so we're in that rare time of relatively high prices right now. We've recently experienced another major spike in transaction fees, but I don't think it's related to halving. And, thankfully, it seems to be over, so we have both high BTC price and low transaction fees lately.
I don't know if we can call this a high price or not but there is one thing for sure, it has started recovering slowly, it was around $62k before and it is now above $65k which is a good thing. If it manages to go around or above $70k before it dips again, I believe we might see a new all-time high before the end of this month, but if it dips again from this point, it might take a bit longer for the price of Bitcoin to reach that position. You are right though, Bitcoin has been doing pretty well because a lot of speculations said that the price might dip further when Bitcoin started losing value after the halving event, but it didn't go down much and it has already started recovering, and I'm pretty sure we will see a good price in a couple of months from now.
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lalabotax
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May 16, 2024, 10:11:43 PM |
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So far, I believe Bitcoin has been doing well after halving. The price isn't at the highest level, but it's pretty close to that. It seems to me that, with long bear markets, Bitcoin price is 50% or more below the ATH most of the time, so we're in that rare time of relatively high prices right now.
I don't know if we can call this a high price or not but there is one thing for sure, it has started recovering slowly, it was around $62k before and it is now above $65k which is a good thing. If it manages to go around or above $70k before it dips again, I believe we might see a new all-time high before the end of this month, but if it dips again from this point, it might take a bit longer for the price of Bitcoin to reach that position. After the hard decline of Bitcoin price after halving, this time, the market is getting better again, although not sure how long it will last on rising market condition. At least, currently, the price is rising up in $65k and still being at that rate. Commonly, there will be another crash and market correction again after rising up like this. But we can wait it again. or will it continue to higher price again. Well, the market is very difficult to predict, since the moment after halving, it is still that volatile, and even fluctuating deeply.
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uneng
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May 16, 2024, 10:59:45 PM |
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After the hard decline of Bitcoin price after halving, this time, the market is getting better again, although not sure how long it will last on rising market condition.
Well, that wasn't a hard decline. Bitcoin reached the 70,000$'s mark, and it's now at 65,000$. Hard decline would be to retreat to something like 40,000$. Bitcoin is holding position quite well despite so much manipulation by whales and institutional investors. Sudden increasements in price can happen at anytime and push Bitcoin above the 70,000$ line once again. That is what I'm expecting and waiting for this post-halving season. I believe once the price rises, it's going to happen at once without previous warnings or chances for investors to join the pump in real time. So it's necessary to hold the coins beforehand.
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Assface16678
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May 16, 2024, 11:30:40 PM |
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After the hard decline of Bitcoin price after halving, this time, the market is getting better again, although not sure how long it will last on rising market condition.
Well, that wasn't a hard decline. Bitcoin reached the 70,000$'s mark, and it's now at 65,000$. Hard decline would be to retreat to something like 40,000$. Bitcoin is holding position quite well despite so much manipulation by whales and institutional investors. Sudden increasements in price can happen at anytime and push Bitcoin above the 70,000$ line once again. That is what I'm expecting and waiting for this post-halving season. I believe once the price rises, it's going to happen at once without previous warnings or chances for investors to join the pump in real time. So it's necessary to hold the coins beforehand. That hard decline or yes not that too dip, is a blessing because if you know how to make the dip into opportunity then you most likely to have earn a lot in the previosu dip in price of bitcoin after the halving event, the price of bitcoin reach the dip of $55k and I happen to take the risk here and now look at it bitcoin is back to $65k which is a huge reward for me, for some other this event of dip or decrease in bitcoin price as a threat but for me it is a blessing because I also expect that there will be a correction after the halving and that many whales make the bitcoin moved as they they have activity in it, anyways despite those whales making the move, still bitcoin are climbing up which indicates that bitcoin is still powerful, investors of bitcoin are getting more and more that's why the market is lively.
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Wakate
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May 16, 2024, 11:39:19 PM |
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So far, I believe Bitcoin has been doing well after halving. The price isn't at the highest level, but it's pretty close to that. It seems to me that, with long bear markets, Bitcoin price is 50% or more below the ATH most of the time, so we're in that rare time of relatively high prices right now.
I don't know if we can call this a high price or not but there is one thing for sure, it has started recovering slowly, it was around $62k before and it is now above $65k which is a good thing. If it manages to go around or above $70k before it dips again, I believe we might see a new all-time high before the end of this month, but if it dips again from this point, it might take a bit longer for the price of Bitcoin to reach that position. After the hard decline of Bitcoin price after halving, this time, the market is getting better again, although not sure how long it will last on rising market condition. At least, currently, the price is rising up in $65k and still being at that rate. Commonly, there will be another crash and market correction again after rising up like this. But we can wait it again. or will it continue to higher price again. Well, the market is very difficult to predict, since the moment after halving, it is still that volatile, and even fluctuating deeply. Since we are not always certain about the crypto market and what could happen next, we need to be wise and keep holding or we could rather sell and end up losing our money and later complaining that the price of Bitcoin gives them loses because they bought at a very high price. Bitcoin is going to do better soon and what we are required to do is to keep holding or we can decide to sell in loses. We are going to benefit from the bull market or we could rather decide to sell in lose that can be avoidable if we keep holding for a better time that will give us profits.
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Ben Barubal
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May 17, 2024, 12:33:31 AM |
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So far, I believe Bitcoin has been doing well after halving. The price isn't at the highest level, but it's pretty close to that. It seems to me that, with long bear markets, Bitcoin price is 50% or more below the ATH most of the time, so we're in that rare time of relatively high prices right now. We've recently experienced another major spike in transaction fees, but I don't think it's related to halving. And, thankfully, it seems to be over, so we have both high BTC price and low transaction fees lately.
I don't know if we can call this a high price or not but there is one thing for sure, it has started recovering slowly, it was around $62k before and it is now above $65k which is a good thing. If it manages to go around or above $70k before it dips again, I believe we might see a new all-time high before the end of this month, but if it dips again from this point, it might take a bit longer for the price of Bitcoin to reach that position. You are right though, Bitcoin has been doing pretty well because a lot of speculations said that the price might dip further when Bitcoin started losing value after the halving event, but it didn't go down much and it has already started recovering, and I'm pretty sure we will see a good price in a couple of months from now. With what is happening in the market today, no one really knows. After Bitcoin reached the new ath of 74k$, it dropped, and until now, it has been very difficult to break the resistance to 70k$ per Bitcoin. And in this matter, there is a lot of speculation that most of their alleged opinions do not come true. This is just proof that the market is really unpredictable, but if the technical and fundamental analysis done by a trader is accurate, we can determine the exact price destination of Bitcoin's price. That's why there is nothing like that.
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Abiky
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May 17, 2024, 11:20:32 AM |
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So far, I believe Bitcoin has been doing well after halving. The price isn't at the highest level, but it's pretty close to that. It seems to me that, with long bear markets, Bitcoin price is 50% or more below the ATH most of the time, so we're in that rare time of relatively high prices right now. We've recently experienced another major spike in transaction fees, but I don't think it's related to halving. And, thankfully, it seems to be over, so we have both high BTC price and low transaction fees lately.
Bitcoin is doing well despite the high fees. It's still the largest and most secure cryptocurrency in the world. Each halving event had a positive effect over BTC's market price. This last one is no exception. Right before the recent halving, BTC reached a new ATH in market price. Who's to say the same won't happen by the next halving? With strong marketing from mainstream media, it's no wonder why many people get excited with the Bitcoin halving. If you're wondering "what's next"?. then I'd say nothing other than new developments from the Bitcoin Core project. I believe developers will introduce new network upgrades that will make BTC cheaper to use for day-to-day payments. The upcoming halving of 2028 will be a fun and exciting one. The question is: Are you prepared for it?
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Betwrong
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May 23, 2024, 08:47:23 AM |
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~ I believe we are all waiting for a bull market and a proper ATH as history has shown us. But do you see that history is somewhat being changed and that is shown by the fact that bitcoin had an ATH before the halving? History keeps changing all the time, we can do nothing about it. We can only talk about probabilities, and the probability of something that was happening for years before to happen again is high. That ATH that Bitcoin had before the halving is nothing compared to the proper ATH which we all are expecting, and you know it yourself. And will history repeat itself or will we have new history? I mean there won't be another bull season? I was thinking about this and also saw someone making this hypothesis on social network X, which also made me think a lot. Will this terrible scenario happen? What terrible scenario, bro? What are you talking about? ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) Just look at how BTC was behaving for the past year: ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fwww.talkimg.com%2Fimages%2F2024%2F05%2F23%2F108Zl.png&t=665&c=EXrgmkM6Fb6sLQ) Is it terrible in your opinion? I think we can say that another bull season has begun since the end of January, and now we are in the middle of it.
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BITCOIN TO THE MOON ☾ ₿ ₿ ₿ ₿ ₿ ₿ ₿ ₿ ₿ ₿ ₿ ₿ ₿ ₿ ₿
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Kelward
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May 23, 2024, 09:13:33 AM |
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After the hard decline of Bitcoin price after halving, this time, the market is getting better again, although not sure how long it will last on rising market condition.
Well, that wasn't a hard decline. Bitcoin reached the 70,000$'s mark, and it's now at 65,000$. Hard decline would be to retreat to something like 40,000$. Bitcoin is holding position quite well despite so much manipulation by whales and institutional investors. Sudden increasements in price can happen at anytime and push Bitcoin above the 70,000$ line once again. That is what I'm expecting and waiting for this post-halving season. I believe once the price rises, it's going to happen at once without previous warnings or chances for investors to join the pump in real time. So it's necessary to hold the coins beforehand. The so much anticipated halving has come and gone, and the price dip that normally occurs before Bitcoin price will start to surge is gradually giving way, because with the current $69k price today, we're hopeful of seeing it pass $70k, then surpass the ATH price. So what's next for me going forward is to see a massive bull run, nothing short if that. I don't foresee any major decline in price before price reaches $100k, and it's an opportunity for investors that have the funds to keep accumulating and filling their bags.
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ultrloa
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May 23, 2024, 10:10:08 AM |
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After the hard decline of Bitcoin price after halving, this time, the market is getting better again, although not sure how long it will last on rising market condition.
Well, that wasn't a hard decline. Bitcoin reached the 70,000$'s mark, and it's now at 65,000$. Hard decline would be to retreat to something like 40,000$. Bitcoin is holding position quite well despite so much manipulation by whales and institutional investors. Sudden increasements in price can happen at anytime and push Bitcoin above the 70,000$ line once again. That is what I'm expecting and waiting for this post-halving season. I believe once the price rises, it's going to happen at once without previous warnings or chances for investors to join the pump in real time. So it's necessary to hold the coins beforehand. The so much anticipated halving has come and gone, and the price dip that normally occurs before Bitcoin price will start to surge is gradually giving way, because with the current $69k price today, we're hopeful of seeing it pass $70k, then surpass the ATH price. So what's next for me going forward is to see a massive bull run, nothing short if that. I don't foresee any major decline in price before price reaches $100k, and it's an opportunity for investors that have the funds to keep accumulating and filling their bags. But what good happening now is we see a stronger bounce back for bitcoin and this determine that there's something more to happen. Since a lot of people are doubting if they could able to see more great prices since what they really think or worried about that bitcoin already surpass its last ATH and maybe a dump will follow. But for sure this what they thought will not happen for this year since there's a lot of thing that bitcoin could offer so possibly we could still see some big price hike since I really think that we don't reach the real effect of bitcoin halving and we could possible reached for $82k or even hit the target speculated price at $100k. So its better for people to follow the trend and see what they could do to take advantage on the situation since if they keep doubting and let these good event pass by then for sure they might regret their decision on why they didn't take actions before.
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khalidkhan82118
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May 23, 2024, 10:18:02 AM |
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Bitcoin halving was one of the greatest events all Bitcoin lover have been looking forward to. The implication of this will be that miners will have lower reward for mining Bitcoin which will lead to reduction in the quantity of free Bitcoin entering the market. As expected, this is meant to create scarcity and in turn increase in the price of Bitcoin. Many predictions have been made and that leaves one to imagine: - What path will Bitcoin chose following the halving
- If this event will lead to more Bitcoin related innovations?
- If this will lead to more people getting involved in Bitcoin
While I am optimistic that market will respond positively to the halving, initial reaction does not seem to support that, hence many will be wondering what is going on. Bitcoin halving occurs every four years in Bitcoin history. We may be witnessing the fourth Bitcoin halving this year. Bitcoin halving is already complete due to which many people in the forum are exchanging wishes for the 4th Bitcoin halving among all Bitcoin lovers. Whenever Bitcoin halving is organized the block reward for miners is reduced by 50% i.e. halved. It is not yet clear to us where the price of Bitcoin will go after the Bitcoin Halving because the Bitcoin Halving has just been completed. Not even a day has passed since bitcoin halving is organized so maybe we should be a little patient and focus on the market. Already but day by day the popularity of Bitcoin is increasing and most people are willing to invest in Bitcoin or choose Bitcoin. Bitcoin has now become the focus of people's demand as the price of Bitcoin has increased exponentially. I think that as long as cryptocurrencies exist, Bitcoin's popularity will spread much more globally and people will involve themselves in Bitcoin much more. Everyone is positive about bitcoin halving everyone thinks that we will see an upward trend in the market after bitcoin halving. Are there any specific strategies you recommend for investors to navigate the potential market changes post-halving?
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Odohu
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May 23, 2024, 12:25:39 PM |
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Bitcoin halving occurs every four years in Bitcoin history. We may be witnessing the fourth Bitcoin halving this year. Bitcoin halving is already complete due to which many people in the forum are exchanging wishes for the 4th Bitcoin halving among all Bitcoin lovers. Whenever Bitcoin halving is organized the block reward for miners is reduced by 50% i.e. halved.
It is not yet clear to us where the price of Bitcoin will go after the Bitcoin Halving because the Bitcoin Halving has just been completed. Not even a day has passed since bitcoin halving is organized so maybe we should be a little patient and focus on the market.
Already but day by day the popularity of Bitcoin is increasing and most people are willing to invest in Bitcoin or choose Bitcoin. Bitcoin has now become the focus of people's demand as the price of Bitcoin has increased exponentially. I think that as long as cryptocurrencies exist, Bitcoin's popularity will spread much more globally and people will involve themselves in Bitcoin much more.
Everyone is positive about bitcoin halving everyone thinks that we will see an upward trend in the market after bitcoin halving.
Are there any specific strategies you recommend for investors to navigate the potential market changes post-halving? The best strategy anyone can suggest for you is to adopt a wholistic approach in Bitcoin investment. By wholistic I mean, an approach that will enable you never to run out of Bitcoin irrespective of the market condition. One way of doing this is to use a Bitcoin buying strategy called Dollar Cost Averaging (DCA). This method entails buying fixed amount of Bitcoin at a regular interval over a period of time. The amount committed to the DCA method is usually very small so that it does not put the investor into any financial stress that can force them to sell when they do not plan to. In other words, when buying through the DCA method, the investor is not in a hurry to sell and they can hold it for decades because they are buying with small amount that will not affect their financial planning so much. I support and use the DCA method is because I do not plan to sell during this bull market as my selling is strictly based on needs. So, after the halving, my plan is to continue buying using the DCA method because Bitcoin is still far from where I expect it to be. The halving will bring a shortage in supply and by simple economics, reduction in supply means there will be higher demand(increase in price). This means that the price of Bitcoin will continue to rise as Bitcoin experiences more halvings in the future.
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justdimin
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May 24, 2024, 08:23:11 AM |
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The so much anticipated halving has come and gone, and the price dip that normally occurs before Bitcoin price will start to surge is gradually giving way, because with the current $69k price today, we're hopeful of seeing it pass $70k, then surpass the ATH price. So what's next for me going forward is to see a massive bull run, nothing short if that. I don't foresee any major decline in price before price reaches $100k, and it's an opportunity for investors that have the funds to keep accumulating and filling their bags.
But what good happening now is we see a stronger bounce back for bitcoin and this determine that there's something more to happen. Since a lot of people are doubting if they could able to see more great prices since what they really think or worried about that bitcoin already surpass its last ATH and maybe a dump will follow. But for sure this what they thought will not happen for this year since there's a lot of thing that bitcoin could offer so possibly we could still see some big price hike since I really think that we don't reach the real effect of bitcoin halving and we could possible reached for $82k or even hit the target speculated price at $100k. So its better for people to follow the trend and see what they could do to take advantage on the situation since if they keep doubting and let these good event pass by then for sure they might regret their decision on why they didn't take actions before. It is quite true that we are going to end up with even higher prices, a lot of people reacted to this like it is something quite tough, but the reality is that it is not and it is doing quite well and we should probably consider the fact that we have been down for a while, which makes it quite hard for us to keep staying down for a long time, specially considering we are at post-halving period and that should be the most important thing. I believe that we are going to end up with even higher and higher results, we just need time and eventually we are going to get there. I believe that even 200k is not impossible during this time, in the next 18 months (not sure when but within that span) we may peak at that level, at least I do hope so.
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deepskydiver
Member
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May 24, 2024, 12:40:47 PM |
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My view on why the halving tends to eventually lift the price is for two reasons.
First, historically bitcoin has a tendency to increase in price for the reasons we're all familiar with.
Then secondly, supply shrinks in combining with this trend: exaggerating holding while others can't buy enough. So the halving of supply eventually has an almost resonant effect in combination with that up trend.
Then - boom.
Bitcoin post halving rallies aren't like other rallies.
The ETFs had a similar but much less exaggerated effect (at least so far).
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Betwrong
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I stand with Ukraine.
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May 31, 2024, 05:56:33 AM |
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My view on why the halving tends to eventually lift the price is for two reasons.
First, historically bitcoin has a tendency to increase in price for the reasons we're all familiar with.
Then secondly, supply shrinks in combining with this trend: exaggerating holding while others can't buy enough. So the halving of supply eventually has an almost resonant effect in combination with that up trend.
Then - boom.
Bitcoin post halving rallies aren't like other rallies.
The ETFs had a similar but much less exaggerated effect (at least so far).
The ETFs can't have a less effect on Bitcoin price, if you think of it. Especially now, when people in general have realized that Bitcoin is not a fraud. Maybe I'm exaggerating a bit, maybe most people still think that Bitcoin is a fraud. According to some public opinion polls, more than 60% of respondents trust Bitcoin “not much” or “not at all”. But we all know, it will change. Just imagine what will be next!
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BITCOIN TO THE MOON ☾ ₿ ₿ ₿ ₿ ₿ ₿ ₿ ₿ ₿ ₿ ₿ ₿ ₿ ₿ ₿
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YUriy1991
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May 31, 2024, 08:57:30 AM |
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After the hard decline of Bitcoin price after halving, this time, the market is getting better again, although not sure how long it will last on rising market condition.
At least, currently, the price is rising up in $65k and still being at that rate. Commonly, there will be another crash and market correction again after rising up like this. But we can wait it again. or will it continue to higher price again. Well, the market is very difficult to predict, since the moment after halving, it is still that volatile, and even fluctuating deeply.
True. The market is very fluctuating After the halving where there are so many agendas in this crypto market that make investors choose to see and wait for further developments. I guess they also know that after the halving for a potential upside the price of BTC will go up high. If I look at it, the expectation is that it will get closer and now the price of BTC has started to rise slowly by slowly the price is now at $68,182 and this is good enough I think to try to get out of the $73,775 zone.
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