we are so close to HALVING !!!are these dumps CONNECT to halving time???

[schuriken]

as u know we having next halving in 3 month. but as u know price get down to 7k  and break so many resistance support lines. the question is how much bitcoin will go down before halving ?! and what will be the price for resistance support before price go up?!and also what is the reason of these dumps?!

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[Wind_FURY]

OP, I believe the crash/"dip" is NOT connected to the halving. Partly. Because I partly believe that the halving might already be priced in some months ago. Partly.

[milewilda]

OP, I believe the crash/"dip" is NOT connected to the halving. Partly. Because I partly believe that the halving might already be priced in some months ago. Partly.

Exactly!

Nothing is certain in talks of future or on things that would happen ahead.It might or might not be connected for all these dumps that do current happening on the market.
The thing here is that the market been like this as always where it do rise up or decrease on a specific period of time either theres an upcoming event or just simply an ordinary day.
For now on the current price i can say that this would be a good spot to buy on.

[Jating]

as u know we having next halving in 3. but as u know price get down to 7k  and break so many resistance support lines. the question is how much bitcoin will go down before halving ?! and what will be the price for resistance support before price go up?!and also what is the reason of these dumps?!

The only reason of the sudden dump is the corona virus scare and in the last 24 hours, speculation on the plus token scam moving their funds and most probably cashing it out.

We really can't say when this down trend will stop, it could go to $6k tomorrow or bounce back and recover to $9k. And there is no connection whatsoever to the halving, we need to wait how everything will settle down in the next couple of days. I would also suggest that everyone should stop and not to panic, we have been tested before, no need to push that sell button.

[mk4]

Go ask your local fortune tellers what's going to happen to bitcoin's price. Maybe they can give you the answers you're looking for.

[BrewMaster]

OP, I believe the crash/"dip" is NOT connected to the halving. Partly. Because I partly believe that the halving might already be priced in some months ago. Partly.

if by partly you mean somewhere around 5 to 10% then i agree with you. otherwise it is wrong because we never had any price rises for it to be priced in. what we had last year was mostly recovery not a rise so it had nothing to do with halving.

as for these days' drops, i strongly believe that it is a huge manipulation of the market because in any similar situation like this price had gone up in the past with a big green jump. there is only positive news out there about bitcoin!!!

[The Sceptical Chymist]

Because I partly believe that the halving might already be priced in some months ago. Partly.

That makes me wonder what the "fair price" was or is for bitcoin with the halving priced in, and also why it would crash from over $10k to where it's at right now, which is around $7700.

Hate to say it, but I'm pretty sure the panic over the coronavirus is responsible for bitcoin's big dip and the stock market correction that we're seeing.  It's irrational IMO, because the virus is nowhere near as deadly as many people believe, but the fear and the effect on the economy can't be denied.  People are frightened, and they're pulling their money out of risky investments--and bitcoin is probably the riskiest of all.  I'm actually surprised it's still hanging on to the $7k range at this point.

It'll be interesting to see what happens as the halving gets closer.

[pawanjain]

If it was for the halving then the price should only have to be increased. The market has dumped in price because of the ongoing stock market crash which is again due to the widespread fear of COVID-19 Coronavirus.
If it wasn't for the fear then the stock market wouldn't have crashed and hence the crypto market would not have dumped just before the halving.

[Wind_FURY]

OP, I believe the crash/"dip" is NOT connected to the halving. Partly. Because I partly believe that the halving might already be priced in some months ago. Partly.

if by partly you mean somewhere around 5 to 10% then i agree with you. otherwise it is wrong because we never had any price rises for it to be priced in. what we had last year was mostly recovery not a rise so it had nothing to do with halving.

as for these days' drops, i strongly believe that it is a huge manipulation of the market because in any similar situation like this price had gone up in the past with a big green jump. there is only positive news out there about bitcoin!!!

I say "partly", closer to 90 to 95% partly.

Read this blog by Nic Carter. It explains/defines the Efficient Market Hypothesis, its history, and how the halving is already priced in based on what/how EMH truly is, https://medium.com/@nic__carter/an-introduction-to-the-efficient-market-hypothesis-for-bitcoiners-ed7e90be7c0d

[schuriken]

as u know we having next halving in 3. but as u know price get down to 7k  and break so many resistance support lines. the question is how much bitcoin will go down before halving ?! and what will be the price for resistance support before price go up?!and also what is the reason of these dumps?!

The only reason of the sudden dump is the corona virus scare and in the last 24 hours, speculation on the plus token scam moving their funds and most probably cashing it out.

We really can't say when this down trend will stop, it could go to $6k tomorrow or bounce back and recover to $9k. And there is no connection whatsoever to the halving, we need to wait how everything will settle down in the next couple of days. I would also suggest that everyone should stop and not to panic, we have been tested before, no need to push that sell button.

i dont think so that bitcoin will see 6k ever again because to many people now know bitcoin all around the world and the number of crypto investors are Increasing each day .and numbers of holders of bitcoin are also increasing in chart,and they have bitcoin just for stack. so those numbers in market that we saw 2 month ago was market off-buy . also bitcoin is now on 7600-8000 price .and i think the price will comeback in 1,2 week.

[fudster]

We can CONNECT this dumps to halving if we find it necessary, I can always think of reason why whales are trying to dump and spread panic and that is so they can buy the cheapest possible BTC they can have before halving.  Its possible that the funds manager in crypto are influencing the dumps in stock market and us the funds to buy BTC when the price decline further.  Real reason is really unknown but there were articles about Plus token scam where their btc was moved.

[Slow death]

as u know we having next halving in 3 month. but as u know price get down to 7k  and break so many resistance support lines.

the global market is facing a major disaster, why are people not understanding that this is a situation that is not just bitcoin that is going through it?

the question is how much bitcoin will go down before halving ?!

It is very difficult to estimate, but I suppose that $6600 would be the maximum that can fall, it will not fall below $6600

and what will be the price for resistance support before price go up?

$6400. while it does not fall below $ 6400 there is no reason to worry too much

!and also what is the reason of these dumps?!

it is probably because of what is happening all over the world, I speak of the coronavirus that is creating a disaster in the markets.

[maydna]

the question is how much bitcoin will go down before halving ?! and what will be the price for resistance support before price go up?!and also what is the reason of these dumps?!

No one will know about that, and although we can predict until how deep bitcoin price can go down, we still don't know. We can only follow the price, make a buy order if we want to buy bitcoin or watch the market movements or leave the market for a while until the market can increase again. We don't know what is the reason for these dumps because it will depend on the supply and demand of the traders. They need to manage their emotions in the market because the price will always move like that.

But the dump does not relate to the halving but who knows, after this dumps, we will going to see the price will start increasing, and it will break every high price at the market. When the price can increase, we need to prepare to place the order sell at any high price we want so we don't miss the chance to sell bitcoin at a high price.

[bitgolden]

I am pretty sure this was done mainly due to halving as well but not in the way you think it was. Right now the lower the price gets the better for many big whale miners, they want small time miners to close their machines and with the new machines came out this march, so the new machines filled whales are now trying to sell as much as they can to make sure small and old machines are getting closed and when that happens their machines will flood the market and they won't have to wait until bitcoin to go up to make profits, they would be easily and cheaply mine bitcoins without worrying about the price since their machines are superior.

It could also be whales selling all at once while buying slowly to make sure they have more bitcoins when the halving happens as well.

[GreatArkansas]

If we will based on previous bitcoin block halvings; this upcoming is different from previous bitcoin block halvings since weeks or months before on previous bitcoin block halvings we already see some huge pumps not dumps compare this time, but in previous block halvings also there are still some pumps months after the block halvings, it's really difficult to predict what will happen.

[ukon]

But the dump does not relate to the halving but who knows, after this dumps, we will going to see the price will start increasing, and it will break every high price at the market. When the price can increase, we need to prepare to place the order sell at any high price we want so we don't miss the chance to sell bitcoin at a high price.

This is an opportunity to prepare to buy some bitcoin because the price has been dumped as we know and see the history before when there is halving, there is always a good price increase, well I also think the same now when halving has happened, there must be an increase, then prepare sales you at a price that has been set so that profits are greater after it happens.

The current dump will not continue as long as possible right now has become an appropriate correction.

[hugeblack]

The worse the expectations about what will happen before HALVING, the higher the chances for good hikes afterwards. Several months ago, everyone was so over-expected that some were betting for $ 20,000.

The current decline is a correction to the rise to $ 13,000 levels, and therefore we cannot consider it a collapse, especially since the price maintains higher levels better than what it was in the previous year and all past years.

HALVING did not take place so we consider it a major factor in moving prices ( there is no link between them.)

[schuriken]

The worse the expectations about what will happen before HALVING, the higher the chances for good hikes afterwards. Several months ago, everyone was so over-expected that some were betting for $ 20,000.

The current decline is a correction to the rise to $ 13,000 levels, and therefore we cannot consider it a collapse, especially since the price maintains higher levels better than what it was in the previous year and all past years.

HALVING did not take place so we consider it a major factor in moving prices ( there is no link between them.)

i dont think even after halving we going to see 20000 price for bitcoin as u said 13k , i believe the price for btc is going to be 13k-15k and then we will see dump again because so many people will sell in that price. but for a long term i can see a good price for bitcoin maybe in 2 years. on 18k-20k , but today price is a very good price to buy massive and hold for mid term not even long term.

[el kaka22]

I guess you might be right but I still think that whales might be upto something. I have never been the type of guy who talks about conspiracy and so forth stuff with a tinfold hat and talk about how Rothschild and Illuminati and stuff like that, I actually dislike those type of people on contrary because almost 99% of all the bad things in life that happens is not because of some secret society type of thing but actually rich people trying to get richer by screwing over the poor people and pay the politicians to get away with it so I doubt it is actually as secret as people think.

However, whales do look like they are about to pull something here when the halving is so close and price is going down, it just doesn't make sense mathematically when something gets more valuable but cheaper.

[Wind_FURY]

I am pretty sure this was done mainly due to halving as well but not in the way you think it was. Right now the lower the price gets the better for many big whale miners, they want small time miners to close their machines and with the new machines came out this march, so the new machines filled whales are now trying to sell as much as they can to make sure small and old machines are getting closed and when that happens their machines will flood the market and they won't have to wait until bitcoin to go up to make profits, they would be easily and cheaply mine bitcoins without worrying about the price since their machines are superior.

It could also be whales selling all at once while buying slowly to make sure they have more bitcoins when the halving happens as well.

OR, the halving might have already been priced in, and the current movement of the market is because of other reasons, that are not priced in by the price-setting-entities yet.

[Ridwan Fauzi]

The next support will be $4000 but I hope it won't be happened. Bitcoin price has fallen more than 35% just in one day/24 hours although it was happened to another investment place.

I think this situation was affected by bitcoin is failed to be safe haven like gold. I saw a lot of discussion on this forum who stated that bitcoin is safe have but it is not, we can see right know.

Bitcoin cannot help when economic ression comes and many people there just believe that gold is the best place. I don't know what will happen next and when this situation end, clearly many people/investors out there will be focused to recover their loses.

[rexxarofmoknathal]

To be fair with you, I'm not 100% certain that this dump is connected to halving. It may well be, though I'm not aware of any source of info connecting to it. However, this volatility has not been seen for ages, if ever, with the market crush of ~30% in just one day, and what's prudent to consider is the virus pandemic which may also have an indirect implication in this 

[miningguru]

If we will based on previous bitcoin block halvings; this upcoming is different from previous bitcoin block halvings since weeks or months before on previous bitcoin block halvings we already see some huge pumps not dumps compare this time, but in previous block halvings also there are still some pumps months after the block halvings, it's really difficult to predict what will happen.

That's how the market situation, the downfall cannot be estimated that's why most of the people will lose their money in trading. Trading will give good profit to those who manage their funds based on the market situation. We can estimate the prices of the coin, but it is impossible to estimate the market, whether it is in a good trend or bad trend.

[enhu]

We just found out its about $4800 - $5000 but this might not be over because this current bounce will probably crumble too. If the whales purposely dumps what they have to spread panic, it must be for the reason of the halving. They want more BTC in their hands before halving that's just how connected this dumps are to halving time, its just a theory though. If there will be another dumps soon its also going to drop around $4800-5000K again.

[yanto@1977]

what will be the price for resistance support before price go up?!and also what is the reason of these dumps?!

My first bottom ( 6,1K ) is pass the second bottom is 4,9 still not reach, if the price go there I will buy it. Corona become possible reason why this situation happen. The virus start from China and this country is the biggest manufacture industry in the world. Global economy become slowly and travel industry cancel many place to visit. But I must say Corona is not connected with halving but in crypto value the bridge is currency.

[tbterryboy]

as u know we having next halving in 3 month. but as u know price get down to 7k  and break so many resistance support lines. the question is how much bitcoin will go down before halving ?! and what will be the price for resistance support before price go up?!and also what is the reason of these dumps?!

It’s still early to be talking about that. Halving is going to take place in the month of May and we are still in the month of March, so relax man. This is how Bitcoin is, there is always up and downs in price, the price can never remain stable.

I have seen those that are saying that the price is meant to keep going up, but that’s not true, there are times that it will go up and there are also times that it will fall back and lose value, it can’t go up forever. You just gotta keep holding as long as you believe. Just like what the CEO of BitMex said – BTC can reach $6000 and from there to $20,000 during this 2020 crisis. You just never what may happen.

[Shasha80]

I am among those who are not surprised to see bitcoin in March experiencing a very drastic price reduction. Because I already did the previous
analysis, which in 2019 if we see the beginning of the year the price also decreased to $ 3,700 and then could rise again to the price $ 12k.
So I don't need to panic to see the price of bitcoin going down now, this is a good moment to buy bitcoin again.I predict approaching halving in
late April the price of bitcoin will start to rise dramatically. So in my opinion there is no connect with these dumps with halving time, we just
need to be patient a little more to be able to generate large profits.

[pixie85]

as u know we having next halving in 3 month. but as u know price get down to 7k  and break so many resistance support lines. the question is how much bitcoin will go down before halving ?! and what will be the price for resistance support before price go up?!and also what is the reason of these dumps?!

These support lines are just lines drawn by people who think they can make sense of this unpredictable chaos.

Draw a line in the sad and sit on the beach beside it. After a while some kid is going to run over it. Lines in the sand don't mean anything just as support lines drawn by analysts. They spend hours explaining the next Bitcoin move and then WHO announces a pandemic and all lines get ignored

[Oasisman]

what will be the price for resistance support before price go up?!and also what is the reason of these dumps?!

My first bottom ( 6,1K ) is pass the second bottom is 4,9 still not reach, if the price go there I will buy it. Corona become possible reason why this situation happen. The virus start from China and this country is the biggest manufacture industry in the world. Global economy become slowly and travel industry cancel many place to visit. But I must say Corona is not connected with halving but in crypto value the bridge is currency.

Are you sure $4,900 isn't reached it yet?
I guess you lack of market monitoring and you might be looking at how the price close or opens for 24 hour time frame.
Check this data table of Bitcoin's price movements

source : CMC
You have missed to buy big time then. Look at the lowest price Bitcoin went. The market has been fluctuating with a higher percentage these days, you should've keep monitored. Look what you just missed lol.

[btc_angela]

I guess we can right now that the dump has no connection whatsoever to the dump that we witnessed in the last couple of days, it went as low as $3900 I believed, wiping almost 50% in a single day, one of the worst in recent memories.

However, there is the bounce, above $5500, but so far there is a slow dumping, maybe investors are shorting and making some money after the last dip. So let's see if $5k resistance will hold at this time. I wouldn't surprised if it fall again, but then again, another perfect opportunity for us.

[Jating]

as u know we having next halving in 3. but as u know price get down to 7k  and break so many resistance support lines. the question is how much bitcoin will go down before halving ?! and what will be the price for resistance support before price go up?!and also what is the reason of these dumps?!

The only reason of the sudden dump is the corona virus scare and in the last 24 hours, speculation on the plus token scam moving their funds and most probably cashing it out.

We really can't say when this down trend will stop, it could go to $6k tomorrow or bounce back and recover to $9k. And there is no connection whatsoever to the halving, we need to wait how everything will settle down in the next couple of days. I would also suggest that everyone should stop and not to panic, we have been tested before, no need to push that sell button.

i dont think so that bitcoin will see 6k ever again because to many people now know bitcoin all around the world and the number of crypto investors are Increasing each day .and numbers of holders of bitcoin are also increasing in chart,and they have bitcoin just for stack. so those numbers in market that we saw 2 month ago was market off-buy . also bitcoin is now on 7600-8000 price .and i think the price will comeback in 1,2 week.

Unfortunately though, we have seen the lowest price this year as the market .

I can't argue with you about the number of bitcoin investors growing by the day. But with the pandemic at hand, everything is taking care of themselves, and the whole global market has been affected negatively. Currently, the price is not even on the $6k'sh, we are struggling day by day. But I do hope that once everything settles down, we might see the price going into the five digits again.

[Yamifoud]

We all just in making some market assumption and this all can be true or far from the actual scenario. Yes, halving has come approaching but also the market has a different direction which we never expect to be like that. The positive looks that maybe halving have turned something out and some people might change their mind as well (from positive to negative). Feel this was a normal case that a volatile market may suffer but if there is no such coronavirus attack, I'm not sure that we are already in bullish but of huge possibility.

We started some good rally by now from $4.6k to $5k plus, this may give some signs of improvement and might able to reach back at $6k during halving.

[sheenshane]

Actually, nobody knows if this is a start through Bitcoin halving or this is just a start to refuel and began skyrocketing again once there is a resistance of the price of all crypto, especially in Bitcoin price. I dont know what is the reason for this sudden dumped or just because we are affected by the virus attack and every trader is afraid about this and convert their Bitcoin to fiat and cash out.

But remember that the previous result of Bitcoin halving and become bullish trend occurred after a year and probably it will happen again on this third time. Whatever the reason is, this is a good time to accumulate while Bitcoin is very cheap in the market. We hope that everything will fine soon.

[Assface16678]

Actually, nobody knows if this is a start through Bitcoin halving or this is just a start to refuel and began skyrocketing again once there is a resistance of the price of all crypto, especially in Bitcoin price. I dont know what is the reason for this sudden dumped or just because we are affected by the virus attack and every trader is afraid about this and convert their Bitcoin to fiat and cash out.

But remember that the previous result of Bitcoin halving and become bullish trend occurred after a year and probably it will happen again on this third time. Whatever the reason is, this is a good time to accumulate while Bitcoin is very cheap in the market. We hope that everything will fine soon.

Today we are facing the market price of the coins and especially bitcoin is falling down and many people are worried about because some of them are already invested their money while the price of the coin is in low and this is not quite good to their income instead they need to hold their coins to avoid losing money and some of them have enough funds and they are trying to make investment and grabbing the opportunity to make more profit when the price of the coins came back to normal and becomes profitable again.

Falling of market price may cause the pandemic virus spreading for over the world and some of the whales and investors are pulling out their money first to use to their personal kinds of stuff and make an investment to their country to stop the spreading of the virus. Still, we are hoping to come back again into normal.

[hahay]

Not sure if this decline is only about halving, because at the same time the case of the coronavirus outbreak has a very negative impact so I'm not sure that 5k is the lowest level because it is very likely that the price will still fall deeper and also, 10k is the price of resistance support for bull run I guess. Halving has always been a great enthusiasm in this market for higher rises, but if this case cannot be resolved quickly then I think this year it will be difficult for a bull run.

[BayAngelo]

i don't think there will be any effect of the bitcoin halving to the price. it is just like the bitcoin cash where the price splits and have little or no effect. i doubt if forks, splits, halving and co will have any effect on cryptocurrency again. perhaps, price will keep going down just like others. we need more publicity for bitcoin acceptance. this will push demands.

[tbterryboy]

To be fair with you, I'm not 100% certain that this dump is connected to halving. It may well be, though I'm not aware of any source of info connecting to it. However, this volatility has not been seen for ages, if ever, with the market crush of ~30% in just one day, and what's prudent to consider is the virus pandemic which may also have an indirect implication in this 

I completely agree with you because halving has been done earlier too but never before we saw such chaos among traders and the market backbone being broken into two like this. I am quite sure this all happened because of the virus spread and the market being absolutely low in terms of almost everything be it stocks, industries, etc.

A friend of mine was holding around 4 bitcoins since a long time and despite me assuring him that the price will jump back, he actually sold some amount last night and this just tells you the mental state of a common holder because this drop was humongous!

[carter34]

The halving expected bull might not happen immediately or as expected this year because this epidemic is yet to be curtailed till this time. The dump that is bringing price down might be due to sell off because of panic. So since the corona virus has scared people from hodling, I see it will take some time for confidence to come back into the market as it will gradually build up again.

[ReiMomo]

The halving expected bull might not happen immediately or as expected this year because this epidemic is yet to be curtailed till this time. The dump that is bringing price down might be due to sell off because of panic. So since the corona virus has scared people from hodling, I see it will take some time for confidence to come back into the market as it will gradually build up again.

As I saw the most reason for this sudden dump is just because of this coronavirus that keeps spreading all over the world. Not just only the crypto market was affected by it, it also includes other stocks on the market just like crude, oil, gold, etc. So, we are affected by this economic crisis and maybe this sudden dump is not related or connected to the coming halving time. Whatever it is, just keep holding your asset and you will be fine.

[TrevorS]

It looks like you have already been given many answers to your question. It's funny how the forum revived, how many questions have been written over the past few days.
The same questions. "What is happening again?" I am amused by the fact that this always happens in the same manner.
Do not worry, patience will give you answers to all your questions.

[ashmodeus]

well ,can't predict the future,we can blame corona right now for this situation,but what happen if corona never exist ? did price going up ? who know, because actually that underlies us to conclude that halving will make prices rise spontaneously is our own mind,even though it can be manipulation by a handful of people,although for me,bitcoin dropped because corona seems anomalous.

[coinfinger]

Are you sure $4,900 isn't reached it yet?
I guess you lack of market monitoring and you might be looking at how the price close or opens for 24 hour time frame.
Check this data table of Bitcoin's price movements

source : CMC
You have missed to buy big time then. Look at the lowest price Bitcoin went. The market has been fluctuating with a higher percentage these days, you should've keep monitored. Look what you just missed lol.

I'm lucky I didn't miss any chances to buy at a dip. I have almost filled my bag in these current market situations where the prices rallied to the bottom giving opportunities to buy at a dip before the halving process. The price was reduced by almost 50% which might create excess fear in between the traders which made them instantly sell their coins for the current market prices which kept on deriving the prices on the bottom.

I have bought various coins like BNB, XRP, ETH at the dip which has given me 40% profit until now with 3X leverage. I am sure the profits would surely grow up and I would only sell once I see 150%+ profits in my account.

[stomachgrowls]

It looks like you have already been given many answers to your question. It's funny how the forum revived, how many questions have been written over the past few days.
The same questions. "What is happening again?" I am amused by the fact that this always happens in the same manner.
Do not worry, patience will give you answers to all your questions.

Its just a usual stuff and we cant stop people on asking question that had been asked for how many years.We know the fact that this market is always been unpredictable
and any news or situations outside would really be a candidate for it to be correlate on the sudden price movement of the entire crypto market.
It not new for people to react like that.

well ,can't predict the future,we can blame corona right now for this situation,but what happen if corona never exist ? did price going up ? who know, because actually that underlies us to conclude that halving will make prices rise spontaneously is our own mind,even though it can be manipulation by a handful of people,although for me,bitcoin dropped because corona seems anomalous.

Manipulation or pure coincidence it doesnt really matter. Price had already done down already and for people who do panic will surely sell off and to those who do still believe
to this market will surely see this as a good opportunity.

[Kelvinid]

I realize that you have been bothered so much because of the dumps. A lot of question makes you more worry for the incoming. Yes,  halving has been approaching but it sounds like we never see a bullish back then. But even though it is different from what we are expected to see it never makes me think a sinking boat but rather to see the sunlight on the horizon. And I have to say that,  we better forgot the coming halving coz the market still struggling and nothing to see a huge jump until this global economic growth isn't resolve.

[thisnewcoin]

No way, the very recent dump caused by the Coronavirus epidemic, there is no relation between halving time. Halving had a huge hype, so, Bitcoin price was growing accordingly! But as you might be seen all the trade, stocks markets have the same decline as the crypto market, so, the reason is the coronavirus! I hope the situation will be changed into normal again very soon!

[princerepon]

as u know we having next halving in 3 month. but as u know price get down to 7k  and break so many resistance support lines. the question is how much bitcoin will go down before halving ?! and what will be the price for resistance support before price go up?!and also what is the reason of these dumps?!

Of course not it's because of world wide economy fall which made by corona virus. From last month corona spared dangerously around the hole world which effect on crypto currency also. I don't think this is proper time to guess price for resistance support cause the hole world in panic now so before people get rid of it stay clam is the better option. Just hope everything will be normal before halving.

[Oceat]

I realize that you have been bothered so much because of the dumps. A lot of question makes you more worry for the incoming. Yes,  halving has been approaching but it sounds like we never see a bullish back then. But even though it is different from what we are expected to see it never makes me think a sinking boat but rather to see the sunlight on the horizon. And I have to say that,  we better forgot the coming halving coz the market still struggling and nothing to see a huge jump until this global economic growth isn't resolve.

It's normal to see something like this when the price of Bitcoin starting to drop drastically but this time it's not because of the FUD but because there is a crisis in the world that would affect the entire human race. But let's not worry that much because it is almost coming to an end. Let's focus on how do we gain such profit in the future with a price like this. Then buy more and HODL!!!

[rodskee]

as u know we having next halving in 3 month. but as u know price get down to 7k  and break so many resistance support lines. the question is how much bitcoin will go down before halving ?! and what will be the price for resistance support before price go up?!and also what is the reason of these dumps?!

you must also know that we are now at 5k$ level so what more can you say about this  .Bitcoin is Volatile and not that there is a world problem better stop expecting prices to grow instead just bare with what happening in the world affecting the economy,there are tons of problem needs to face now and Crypto will rise soon so stop this nonsense and just keep yourself safe from this corona virus,trust me there is a right time for the Bear market.

[Janation]

as u know we having next halving in 3 month. but as u know price get down to 7k  and break so many resistance support lines. the question is how much bitcoin will go down before halving ?! and what will be the price for resistance support before price go up?!and also what is the reason of these dumps?!

Bitcoin will not go down but the price will.

There are some people saying that coronavirus is the reason but I think we can't really blame it on that since it is not really that connected. If we will be talking about the dump, I guess we can also talk about the scam that happened last year and people behind it still moving the Bitcoin creating the dump that happened this week.

[okala]

Economically, the halving should increase the price but we are seeing the opposite right now. The Corona virus has affected all facet of life and people now see cash as the safe haven at the moment. I believe that since the vaccine is almost out we are going to see things return normal.

[jostorres]

I think we established that this had nothing to do with halving and it is 100% connected to world economy right now (and in return corona of course) but are we sure that it is 100%. Can we say that whats going on has nothing to do with halving? I mean just today there was a dude who bought thousands of bitcoin from Huobi and moved it to his own wallet, that is at least what we can understand from whale-alert twitter account, which means maybe there is something related to halving as well.

For example, maybe the drop was because of the economy around the world but maybe we moved back above $5k and stayed around there because people were not willing to sell all during this pandemic since there could be an increase after halving? Halving is at may and by June or July we may beat this corona and finance could get better?

[Hypnosis00]

Base on the status of the market I think this dump is unexpected and it doesn’t connect to the up coming halving though of course it gives us the best opportunity to buy. The price of bitcoin affected by many negative things, especially the Covid19 and I hope that we can recover right before the halving. If the halving push through, then expect a slow growth for bitcoin.

The COVID-19 had something to add more panic to the people and make them sell their Bitcoin. The bottom line for this effect, we can't expect that this coming could give us an overwhelming price but instead to see still at a low price.

The market started to move high and there is ample time to recover before halving but as I say, we can't expect high prices during that time until this pandemic health issue isn't over. 

[Kelvinid]

I realize that you have been bothered so much because of the dumps. A lot of question makes you more worry for the incoming. Yes,  halving has been approaching but it sounds like we never see a bullish back then. But even though it is different from what we are expected to see it never makes me think a sinking boat but rather to see the sunlight on the horizon. And I have to say that,  we better forgot the coming halving coz the market still struggling and nothing to see a huge jump until this global economic growth isn't resolve.

It's normal to see something like this when the price of Bitcoin starting to drop drastically but this time it's not because of the FUD but because there is a crisis in the world that would affect the entire human race. But let's not worry that much because it is almost coming to an end. Let's focus on how do we gain such profit in the future with a price like this. Then buy more and HODL!!!

Most of us here forgot crypto capability if they saw a dropping market price and so they can't think about buying and holding but instead, they are focused much on how to sell their coin/s. Those optimistic people could only think that work "BUY and HOLD". That is why smart people have a huge advantage over the other. They don't just think of today (which most people had) but they mostly think about the future. Their positive mindset drives them to think like that which most people had missed.

[Twinkledoe]

Base on the status of the market I think this dump is unexpected and it doesn’t connect to the up coming halving though of course it gives us the best opportunity to buy. The price of bitcoin affected by many negative things, especially the Covid19 and I hope that we can recover right before the halving. If the halving push through, then expect a slow growth for bitcoin.

The COVID-19 had something to add more panic to the people and make them sell their Bitcoin. The bottom line for this effect, we can't expect that this coming could give us an overwhelming price but instead to see still at a low price.

The market started to move high and there is ample time to recover before halving but as I say, we can't expect high prices during that time until this pandemic health issue isn't over.  

And we are going green again, maybe due to the ongoing human trial of coronavirus vaccine. People are hoping that this will be addressed very soon. But according to these institutions, it will take about a year to 18 months to validate its potency. But at least we are already seeing progress here. Who knows, another pharma company will develop their vaccine much faster? We have advanced technology now that everything is possible. Let's be positive about it.

[FanEagle]

as u know we having next halving in 3 month. but as u know price get down to 7k  and break so many resistance support lines. the question is how much bitcoin will go down before halving ?! and what will be the price for resistance support before price go up?!and also what is the reason of these dumps?!

I believe that by now you must have known the reason why the price crashed. The crash has been linked to a lot things and the pandemic is part of it. Let’s hope that there’s going to be a change soon, the price has been struggling to reach $11,000 but, it crashes and drops back to below $4000 and recovered to above $6000. This is a serious bad situation and I’m really hoping that the situation be stopped for good. The problem now is that there haven’t been a cure for it yet, but this will all end.

The halving is going to be on May, that’s about one month from now and by then we will see what happens. If there is no scheduled halving then we might have faced very big dump but fortunately people kept their faith on halving and this must be the reason why bitcoin market is recovering right now.

[maydna]

And we are going green again, maybe due to the ongoing human trial of coronavirus vaccine. People are hoping that this will be addressed very soon. But according to these institutions, it will take about a year to 18 months to validate its potency. But at least we are already seeing progress here. Who knows, another pharma company will develop their vaccine much faster? We have advanced technology now that everything is possible. Let's be positive about it.

Yes, we see bitcoin price now back to the green candle again, but we don't know how long it can stay like that. We can hope that the price will be stable at that price or it will increase higher than the price now so we can make another profit from bitcoin. But I don't think that the dump is connecting with this halving time because we have another problem right now which happen in all country. Many people assume that the Corona Virus connected with the bitcoin price, so that makes bitcoin price is down deeper. And fortunately, today, bitcoin price is going to strong again, but we don't know if the price can increase higher or not. But from all of that, we don't know what is happening with the markets now.

We hope that the vaccine can be found not too long from now on, so many people can get the cure, and everything will be normal again. Yes, stay calm will be necessary at this time so we can see a clear direction from all the things that are happening now.

[Finestream]

Base on the status of the market I think this dump is unexpected and it doesn’t connect to the up coming halving though of course it gives us the best opportunity to buy. The price of bitcoin affected by many negative things, especially the Covid19 and I hope that we can recover right before the halving. If the halving push through, then expect a slow growth for bitcoin.

The COVID-19 had something to add more panic to the people and make them sell their Bitcoin. The bottom line for this effect, we can't expect that this coming could give us an overwhelming price but instead to see still at a low price.

That's expected because there is a panic, but lately bitcoin has recovered and that is a good thing but hopefully we don't overreact on this as it could again fall sooner, just hold tight and wait til this global panic will be over, and everything will be good for crypto.

The market started to move high and there is ample time to recover before halving but as I say, we can't expect high prices during that time until this pandemic health issue isn't over. 

What I can say? I don't want to expect more but I am happen with the bounce back bringing the price of bitcoin to $6000, such a good start.

[bearexin]

as u know we having next halving in 3 month. but as u know price get down to 7k  and break so many resistance support lines. the question is how much bitcoin will go down before halving ?! and what will be the price for resistance support before price go up?!and also what is the reason of these dumps?!

We don’t know when the price will rebound after this heavy decrease, though there have been some changes today as the price has quickly moved up to $6000 and above, but for how long is that going to be if this pandemic should continue? I am hoping that there is a way for them to resolve this problem, for as long as it continues it might be affecting the market in some ways and not just Bitcoin and altcoins, but other markets like gold, real estate and the rest of them.

But, I know that this will soon be over as countries are already taking measures that will prevent it from spreading further. Let’s see how it goes.

[tbterryboy]

as u know we having next halving in 3 month. but as u know price get down to 7k  and break so many resistance support lines. the question is how much bitcoin will go down before halving ?! and what will be the price for resistance support before price go up?!and also what is the reason of these dumps?!

I don't think the markets are running on technical analysis anymore but they are mostly running on fundamental analysis. The world crisis about the corona virus is creating a panic sell and the markets are red breaking a strong support from 4 years.

This is happening few months prior to the halving so we could soon expect a reversal. There is a strong support on $4950 and let's just hope that it is not broken. It is getting difficult for me to analyse the markets as each of my analysis is proving wrong in such huge volatile markets. I am now moving on fundamental analysis which is giving me some entry and exit points but yet I am personally afraid of the current markets.

[TheGreatPython]

Maybe there could be some whales who are buying up right now that is the cause of the increase. Look at all of crypto right now. Maybe it is because bitcoin went up so much in the last day maybe it is the whole market but they are all going up, all coins are going up right now, ethereum was discussed about if it would be under 80 dollars, 80! and right now it is 150 dollars almost twice as much. That is the affect bulls and whales have on the market.

People know that halving is coming, they see corona virus and they see halving and they made their decision already, they think that by May comes corona will not be as dangerous as it is today and after the halving price will go up, so they are buying as many as possible. There is no returning back this time around.

[Harlot]

I believe that by now you must have known the reason why the price crashed. The crash has been linked to a lot things and the pandemic is part of it. Let’s hope that there’s going to be a change soon, the price has been struggling to reach $11,000 but, it crashes and drops back to below $4000 and recovered to above $6000. This is a serious bad situation and I’m really hoping that the situation be stopped for good. The problem now is that there haven’t been a cure for it yet, but this will all end.

The halving is going to be on May, that’s about one month from now and by then we will see what happens. If there is no scheduled halving then we might have faced very big dump but fortunately people kept their faith on halving and this must be the reason why bitcoin market is recovering right now.

I wouldn't be confident about the recent price jump of Bitcoin right now since the price movement of it doesn't show signs of reversal. This might just be the volatility we are seeing or a dead cat bounce due to the massive overselling we have seen recently. Just keep in mind that I don't see this as a recovery at all the price might even just pump because the people who have shorted it way up are now trying to accumulate Bitcoin again but other than that I really don't see BTC going up for a while.

[wozzek23]

Halving will not cause a drop, there is no mathematically possibility that makes sense. Do not get me wrong I am not saying price will not fall after halving or anything, maybe as soon as halving happens price doesn't go up as much as people expect and in return people will say "I was hoping so much! I am going out, I am sick and tired of this waiting!" and sell their coins and when enough people sell there will be chaos and it will trigger even more selling and so forth.

Basically it is a long term thing but halving itself can't cause a drop, it is anti-inflation thing that just means there will be less and less bitcoin printed everyday so how could that drop the price? Surely this was due to economical crisis world is in and that's it, nothing else related to it.