When to buy one time off bitcoin.

[uchegod-21]

Bitcoin next halving will happen in the 1st quarter of the year 2024, which means by this time next year. People that have witnessed halving and its bull run. Please, I want to know if;

• Bull run happens few months or weeks to halving
• Or it happens few weeks or months after halving
• Or it happens simultaneously in the week or month of halving

I want to know when exactly to buy bitcoin since I don't want to use the DCA system in this purchase. Will market see anything below $20k again?

[Nwada001]

Bitcoin halving is just there to aid price impact; it's not necessarily the major reason for price increase; it's just that Bitcoiners have so much faith in Bitcoin halving and the role it will play in reducing the total supply, but bit by bit. So price increases can happen anytime, even before the halving or some days after the halving; it all depends on how positive people are towards them. I guess the last halving triggered a bull run roughly just a day later by 15–18% (just an assumption).

So next year, which is to make it the 4th year after the last halving, the price increase can just happen on or before it. If you really don't want to miss the bull run, I advise you to start accumulating as much as you can and not just wait to know the exact time the price will pump up. 

[Tytanowy Janusz]

Man. Its 1 min google search:


https://www.coinmama.com/blog/the-bitcoin-halving-a-history/

Just type "BTC halvings on bitcoin chart" in google search, and you will find a lot of such charts.

But to be honest, BTC halving is a bit of an overrated singal to buy. Adoption and economic turmoil are having a much stronger impact on the price than 4th halving.

[tabas]

Bitcoin next halving will happen in the 1st quarter of the year 2024, which means by this time next year. People that have witnessed halving and its bull run. Please, I want to know if;

• Bull run happens few months or weeks to halving
• Or it happens few weeks or months after halving
• Or it happens simultaneously in the week or month of halving

Give it an estimate for months to a year. That's when the bull run likely is going to happen but then, this is bitcoin that's all volatile and we're just relying on the cycle. But then, we don't know exactly when it shall because the trend could change unexpectedly and that cycle could or could not be followed.

I want to know when exactly to buy bitcoin since I don't want to use the DCA system in this purchase. Will market see anything below $20k again?

Possible and if you don't like to do DCA then set a price when you should buy and that's the one that must be followed then. If so, while the price may increase in the near future, that's the reason of setting a low price that you think is totally fine to start buying.

[thecodebear]

OP if you just want to make a single Bitcoin purchase you should be buying right now. You don't want to wait.


The bear market just ended a month ago, so very little chance it goes down from here. Especially since it is correcting a little bit right now. This week / next week may very well be the lowest it ever is from here on out.

Within a few months it'll probably be in the $35k-$40k range. A year from now when the halving happens it'll likely be double the current price or maybe even higher.


If you want to only buy once and try to get the lowest price the only intelligent answer is to buy right now because the bear market just ended so the price will in general be going up from here on out. Within a few weeks the price may never be below $30k again, and it is currently just under $28k. So buying today would be just about as good as you can possibly do.

[serjent05]

It is quite hard to choose the right time to buy but I would agree with @thecodebear, now is the right moment since we do not know what will happen later, there is a possibility of the price uptrending and never touching the current price again. 

DCA is the most reasonable approach but since you don't want to DCA then you should take the risk of buying it either now or accept the consequence of buying at a higher price in the future.

I want to know when exactly to buy bitcoin since I don't want to use the DCA system in this purchase. Will market see anything below $20k again?

No one knows precisely but and we have here is just speculation

[pawel7777]

I want to know when exactly to buy bitcoin since I don't want to use the DCA system in this purchase. Will market see anything below $20k again?

Each halving will have much less impact than the previous one, and if things rarely pan out the way that everyone expects them. After all, if we could predict such things with 100% - we'll all be rich - and that's impossible,

No one has a crystal ball to answer your question, but if you're confident that bitcoin will go up again and will at least reach its previous ath, then waiting for the potential dip makes little sense. You could buy now and still enjoy great gains if your prediction comes true. Waiting for the dip could backfire. Don't try to time the market perfectly, that's not possible.

[Ndabagi01]

I want to know when exactly to buy bitcoin since I don't want to use the DCA system in this purchase. Will market see anything below $20k again?

Perhaps you've read or seen discussions on this forum regarding bitcoin heading for another bearish trend before a correction and the next surge. These are all wild speculation, and you never know what will happen next. Just as the way bitcoin is volatile, so people speculate without certainty, and some of their predictions turn out to be incorrect.

So next year, which is to make it the 4th year after the last halving, the price increase can just happen on or before it. If you really don't want to miss the bull run, I advise you to start accumulating as much as you can and not just wait to know the exact time the price will pump up.

Since the OP likes to avoid DCA and make a one-time purchase, accumulating from now will be conflict with his preference for a one-time purchase. He simply wants to know the best time to buy before the bull run. Because he's avoiding DCA, now is the moment for him to make that one-time buy. Although the price may rise or fall, there is no better time to invest than when you have the finances.

[Rigon]

Bitcoin next halving will happen in the 1st quarter of the year 2024, which means by this time next year. People that have witnessed halving and its bull run. Please, I want to know if;

• Bull run happens few months or weeks to halving
• Or it happens few weeks or months after halving
• Or it happens simultaneously in the week or month of halving

I want to know when exactly to buy bitcoin since I don't want to use the DCA system in this purchase. Will market see anything below $20k again?

The Bitcoin market may not return to $20,000 again. Because we are heading into bull season. Actually my bitcoin invested in high market. I am slowly moving towards recovery. I currently have no deposits to invest in the high market. If I had the money right now I would buy bitcoin and invest it. I used to invest based on the current market. I used to invest and wait for a long time until the market halving. I would never miss this ample opportunity.

[romero121]

I'm not sure, but the market is supposed to experiment the $20k margin close to the days of halving. It is something assured that the price of bitcoin will reach the peak price during the days of halving and we can't be sure when this happens exactly. OP doesn't want to go with the DCA strategy, maybe waiting for some time period seems to be the better choice.

If the price reaches the top during the months before halving, then the halving needs to push the price to next level. For which there used to be drag down and further growth in the market. Maybe on such occasion one can buy Bitcoin.

[Dave1]

Bitcoin next halving will happen in the 1st quarter of the year 2024, which means by this time next year. People that have witnessed halving and its bull run. Please, I want to know if;

• Bull run happens few months or weeks to halving
• Or it happens few weeks or months after halving
• Or it happens simultaneously in the week or month of halving

I want to know when exactly to buy bitcoin since I don't want to use the DCA system in this purchase. Will market see anything below $20k again?

That is the big question, we never really know if it will drop to $20k or just continue to march on $30k+ although we just had some minor corrections right now. As far as my experience goes, it usually take months after the halving that we can see the price going up parabolic and make that tremendous gain.

For 2020, we start the year at $7k and then finished as around $29k give or take. So that is 300% increased on the halving year alone. Not counting the eventual all time high of $69k in 2021 November.

[CarnagexD]

Bitcoin next halving will happen in the 1st quarter of the year 2024, which means by this time next year. People that have witnessed halving and its bull run. Please, I want to know if;

• Bull run happens few months or weeks to halving
• Or it happens few weeks or months after halving
• Or it happens simultaneously in the week or month of halving

I want to know when exactly to buy bitcoin since I don't want to use the DCA system in this purchase. Will market see anything below $20k again?

Bitcoin halving only gives you one side sentiment which is a positive impact on the movement of its price and according to you is a possibility of next bull run. If you want to be precise, have more confluence such as market correlation, fundamental analysis, htf chart analysis, medium and high impact news, and seasonal tendencies.

Not only that, be clear and honest of why do you want to engage in the market.
As what I am seeing, you are asking where you can buy in lowest price and sell in the highest high for the most probable profit, which is absolutely foolish. That's not a plan.
A plan must exist how much you allow your self to lose money, how long can you afford to be in drawdown, what RR will take profit and partials.
And as always accept the risk.

You are here to make money, and not to be right in your analysis. Understand the difference and act accodingly.

Man. Its 1 min google search:


https://www.coinmama.com/blog/the-bitcoin-halving-a-history/

Just type "BTC halvings on bitcoin chart" in google search, and you will find a lot of such charts.

But to be honest, BTC halving is a bit of an overrated signal to buy. Adoption and economic turmoil are having a much stronger impact on the price than 4th halving.

As I said there are much more things that impact price movements, the halving is only one of those. Wars, new electronic money, epidemic, market narrative, seasonal tendencies. Plan ahead. Don't gamble.

[Minor Miner]

Bitcoin next halving will happen in the 1st quarter of the year 2024, which means by this time next year. People that have witnessed halving and its bull run. Please, I want to know if;

• Bull run happens few months or weeks to halving
• Or it happens few weeks or months after halving
• Or it happens simultaneously in the week or month of halving

I want to know when exactly to buy bitcoin since I don't want to use the DCA system in this purchase. Will market see anything below $20k again?

A real bull run will only happen sometime after the halving, the bulls don't appear immediately or before. If I remember correctly, a year after the halving, real bulls will appear. There is no exact time for you to buy bitcoin, and if you didn't buy bitcoin when it hit $15k last year, I could say you missed the bottom, missed bitcoin's lowest price. Not only you, but all of us want to buy at the lowest price to enjoy the highest profit, but unfortunately, no one knows where the bottom is and which is the top until it passes.

[STT]

I think the biggest most obvious test would be to retract and reconfirm the break above the 200 week average.   So we beat that inertia holding us back and once again as is true for most of BTC history the 200 week average lies below us.  However we might revist that area, for now we are at the 50 day average and I think thats enough for this month at least and we'll find some positive action here.   All we can do is judge the price as it occurs relative to historic volume but my most bearish view is along the lines of returning somewhere to the 200 week average and establishing the bottom pricing there as a higher low then we progress.

[Wexnident]

Bitcoin next halving will happen in the 1st quarter of the year 2024, which means by this time next year. People that have witnessed halving and its bull run. Please, I want to know if;

• Bull run happens few months or weeks to halving
• Or it happens few weeks or months after halving
• Or it happens simultaneously in the week or month of halving

I want to know when exactly to buy bitcoin since I don't want to use the DCA system in this purchase. Will market see anything below $20k again?

Afaik it happens a couple of months to a year after the halving itself? There's probably going to be some movement towards the start to at least the end of the year, but it may vary since even if we use the past as a reference point it isn't exactly a guarantee, so you can only move as you assume and see by then really. I'm thinking we won't really be going below $20k again, unless something big happens again, the drop in the price right now is kind of a correction afaik as the price jumped from 25 to 28 to 30 the past few months instead of a gradual one.

Your fears of missing out can only be resolved by DCA since no one exactly knows what's going to happen, but seeing as you don't want to for some reason, can only risk an entry at some point, maybe a few months before the halving (end of the year)?

[Tytanowy Janusz]

But to be honest, BTC halving is a bit of an overrated signal to buy. Adoption and economic turmoil are having a much stronger impact on the price than 4th halving.

As I said there are much more things that impact price movements, the halving is only one of those. Wars, new electronic money, epidemic, market narrative, seasonal tendencies. Plan ahead. Don't gamble.

Thats what I said in the last line of my post. Especially though first halving reduced inflation from 25% to 12%, second one from 9% to 4,5%, Third halving from 4% to 2%. 4th halving will reduce inflation from 1.5% to 0.7% which is a negligible change compared to the other side of the coin - inflation on Fiats, which ranges from 5-20% depending on the country, not to mention countries such as Argentina, where inflation exceeds 100%

[irhact]

Bitcoin next halving will happen in the 1st quarter of the year 2024, which means by this time next year. People that have witnessed halving and its bull run. Please, I want to know if;

• Bull run happens few months or weeks to halving
• Or it happens few weeks or months after halving
• Or it happens simultaneously in the week or month of halving

I want to know when exactly to buy bitcoin since I don't want to use the DCA system in this purchase. Will market see anything below $20k again?

Judging from pasted experience, we usually have two types of fomo, the first fomo happens few weeks to the halving date, Bitcoin price will increase as people won't what to miss out thinking the price will pump high immediately the halving is over. Usually projects tends to pump towards an event date in the cryptocurrency market and Bitcoin itself is no exception.

After the halving, a correction in price happens as people get disappointed as Bitcoin wouldn't pump as they expected and also the corrections happens as a result of traders taking profits for the gains they have made leading to the halving date. The real bull market starts a year after the halving which is 2025.

[jrrsparkles]

Bitcoin next halving will happen in the 1st quarter of the year 2024, which means by this time next year. People that have witnessed halving and its bull run. Please, I want to know if;

• Bull run happens few months or weeks to halving
• Or it happens few weeks or months after halving
• Or it happens simultaneously in the week or month of halving

I want to know when exactly to buy bitcoin since I don't want to use the DCA system in this purchase. Will market see anything below $20k again?

I just happens anyways so there is no particular order or something like that when Bitcoin halving and bull trend but it has been used as a drive word to push the prices further or it just happens naturally but to my best of my knowledge we are already in the bull trend cause months back it hit $15k but now it's around 30K which itself a sign that bull run began already so we may see the correction hereafter but it's started already.

[hugeblack]

Fear of buying and trying to buy at the cheapest price will end up that you never buy, because u believe that there will be an opportunity to buy bitcoin at a cheaper price and that price may not be cheaper again.


Sad story:

Think about it when the bitcoin back to 20K, many did not buy then back to 16k and people did not buy from them cuz the price will be 10k and then suddenly the price returned to 30K.

Stop fear and buy by 30% and buy more with any new deep, and so on, DCA's strategy is good in your case as well.

This is not an investment advice.

[pawel7777]

Thats what I said in the last line of my post. Especially though first halving reduced inflation from 25% to 12%, second one from 9% to 4,5%, Third halving from 4% to 2%. 4th halving will reduce inflation from 1.5% to 0.7% which is a negligible change compared to the other side of the coin - inflation on Fiats, which ranges from 5-20% depending on the country, not to mention countries such as Argentina, where inflation exceeds 100%

Out of curiosity - how did you calculate these inflation rates for Bitcoin?

And shouldn't we also be looking at the actual fiat price rather than just looking at percentages? i.e. for 50 to 25btc halving, if the price was at $100, - that's $2,500 per block less needed to keep the price at the current level. For 6.25 to 3.125 halving (with $30k per bitcoin), that's $93,750. Depending on the volume and number of bitcoins available for sale, this could have a bigger impact than the percentage figure alone indicates.

And, as always, there are psychological factors as well, i.e. expectations of repeating cycles. People start buying because they expect other people will start buying.

As for fiat inflation, sadly, Bitcoin is yet to prove itself as a good hedge against that.

[Don Pedro Dinero]

I want to know when exactly to buy bitcoin since I don't want to use the DCA system in this purchase. Will market see anything below $20k again?

That depends on how long you plan to hold it for.

If you're going to wait at least a couple of cycles I think it doesn't matter, and if you're going to wait at least a couple of years, now would be a good time too.

OP if you just want to make a single Bitcoin purchase you should be buying right now. You don't want to wait.

It is quite hard to choose the right time to buy but I would agree with @thecodebear, now is the right moment since we do not know what will happen later, there is a possibility of the price uptrending and never touching the current price again. 

Taking a medium-term view, it is clear that now is a good time, because the price could go down a bit, but in the long term it will go up. What seems to me is that the OP is overly concerned about market timing. If he was going to buy bitcoin for the very long term I don't think he would have asked that question unless he was moderately informed, but I think he is thinking about when exactly is the best time to buy, just as he will think in the near future about the best time to sell, which is timing the market and first it is extremely difficult to get it right, and secondly as the saying goes: 'it is better time in the market than timing the market'.

[pawel7777]

Judging from pasted experience, we usually have two types of fomo, the first fomo happens few weeks to the halving date, Bitcoin price will increase as people won't what to miss out thinking the price will pump high immediately the halving is over. Usually projects tends to pump towards an event date in the cryptocurrency market and Bitcoin itself is no exception.

After the halving, a correction in price happens as people get disappointed as Bitcoin wouldn't pump as they expected and also the corrections happens as a result of traders taking profits for the gains they have made leading to the halving date. The real bull market starts a year after the halving which is 2025.

But let's not forget that traders will always try to out-smart others. They will look at past cycles and try to make their moves before anyone else. So I wouldn't be surprised if we see both pump and dump before the halving (and then maybe another one sometime after).

That depends on how long you plan to hold it for.

If you're going to wait at least a couple of cycles I think it doesn't matter, and if you're going to wait at least a couple of years, now would be a good time too.

I think OP made it clear that he's aiming for the next halving-related bull run, so we're probably not looking very long-term here.

[virasog]

Bitcoin next halving will happen in the 1st quarter of the year 2024, which means by this time next year. People that have witnessed halving and its bull run. Please, I want to know if;

• Bull run happens few months or weeks to halving
• Or it happens few weeks or months after halving
• Or it happens simultaneously in the week or month of halving

I want to know when exactly to buy bitcoin since I don't want to use the DCA system in this purchase. Will market see anything below $20k again?

Since you want to buy one once and do not want to do the DCA, then i think you can buy it at right now or wait for 25500$ ?
The problem with you is that if you waited for 20K and the price did not go that below and pump back up towards the All time high, you will miss the entry altogether.

Even if you buy bitcoin now at 27,250$ and the minimum target for the next bull season may be 100,000$, still you be in good profit. So if you are not in the mood of DCA, then I would suggest you go all in at the current price.

I think OP made it clear that he's aiming for the next halving-related bull run, so we're probably not looking very long-term here.

If he can wait for the next halving, he will be in still in profit, if he buys bitcoin right now.

[Tytanowy Janusz]

Out of curiosity - how did you calculate these inflation rates for Bitcoin?

And shouldn't we also be looking at the actual fiat price rather than just looking at percentages? i.e. for 50 to 25btc halving, if the price was at $100, - that's $2,500 per block less needed to keep the price at the current level. For 6.25 to 3.125 halving (with $30k per bitcoin), that's $93,750. Depending on the volume and number of bitcoins available for sale, this could have a bigger impact than the percentage figure alone indicates.

Its a monetary inflation. So all i had to do is calculate the annual amount of new coins (block reward * 6 * 24 * 365) divided by the number of coins already in circulation in that day.  

We can try to use price in such estimates, but it won't give us any useful conclusions because price prediction is what people are aiming for (the result of the analyses). So we can't use price as substrate and product in one analysis. Or can we?

And, as always, there are psychological factors as well, i.e. expectations of repeating cycles. People start buying because they expect other people will start buying.

As for fiat inflation, sadly, Bitcoin is yet to prove itself as a good hedge against that.

i agree. First halvings had hudge fundamential impact on price. Today's halving has little to zero fundamental impact on price but a huge psychological impact. Reading a lot of people's opinions, I see that many people are counting heavily on this halving and next cycle to begin.

[pawel7777]

Its a monetary inflation. So all i had to do is calculate the annual amount of new coins (block reward * 6 * 24 * 365) divided by the number of coins already in circulation in that day.  

I was a bit puzzled about which figures you used for "coins already in circulation" for the first rate of 25%. I'd assume we'd need to use the number at the beginning (not the end) of the period, which, for the first period was zero, so can't really calculate that.

We can try to use price in such estimates, but it won't give us any useful conclusions because price prediction is what people are aiming for. So we can't use price as substrate and product in one analysis. Or can we?

This question is too difficult for Saturday morning  

i agree. First halvings had hudge fundamential impact on price. Today's halving has little to zero fundamental impact on price but a huge psychological impact. Reading a lot of people's opinions, I see that many people are counting heavily on this halving and next cycle to begin.

Yeah, that's why I get bad feelings about it.

[Smack That Ace]

OP if you just want to make a single Bitcoin purchase you should be buying right now. You don't want to wait.


The bear market just ended a month ago, so very little chance it goes down from here. Especially since it is correcting a little bit right now. This week / next week may very well be the lowest it ever is from here on out.

Within a few months it'll probably be in the $35k-$40k range. A year from now when the halving happens it'll likely be double the current price or maybe even higher.


If you want to only buy once and try to get the lowest price the only intelligent answer is to buy right now because the bear market just ended so the price will in general be going up from here on out. Within a few weeks the price may never be below $30k again, and it is currently just under $28k. So buying today would be just about as good as you can possibly do.

You are quite optimistic, and I applaud your spirit. But that's just your guess, we have no proof that bitcoin will not be able to fall back, and it will hit $40k in the near future.
One more thing, I disagree with you with the statement that the bear season ended last month, if you believe in history and 4 year cycle, we are still in bear season and far from halving. Buying now is also very good, but no one knows whether it is the lowest price or not.

[Tytanowy Janusz]

I was a bit puzzled about which figures you used for "coins already in circulation" for the first rate of 25%. I'd assume we'd need to use the number at the beginning (not the end) of the period, which, for the first period was zero, so can't really calculate that.

"first halving reduced inflation from 25% to 12%" So when the first halving happened, it was after 4 years of mining 50 btc per block. Without halving, next year's inflation would be 25%, with halving - 12%. So halving reduced inflation from 25% to 12%.
So i think i was correct with taking the end of the period.

[Lucius]

I want to know when exactly to buy bitcoin since I don't want to use the DCA system in this purchase. Will market see anything below $20k again?

Well, it's not like you're a beginner who should be asking these kinds of questions, right? If you haven't invested anything in Bitcoin since 2021 (and you were a member of this forum then), then I would say that you are already quite late if we look exclusively from the angle of the profit you could have already made. Be persistent and patient, some still claim that the price will go below $15k, the only question is whether you want to believe it...

[posi]

I want to know when exactly to buy bitcoin since I don't want to use the DCA system in this purchase. Will market see anything below $20k again?

I think the best time to buy bitcoin is over, I mean, when bitcoin hit $15k last year, and if you are still waiting for a lower price, then you missed the best opportunity. Currently, bitcoin is recovering, and we can say we are in the middle, and if you continue to hesitate, you will most likely have to regret it again. I don't understand why you don't want to use DCA and only want to buy once, while the DCA strategy is the best in a bear market like this. Think it again.

[Dr.Bitcoin_Strange]

I want to know when exactly to buy bitcoin since I don't want to use the DCA system in this purchase. Will market see anything below $20k again?

you have said you don't want DCA, so judging by your comment, it means you want to buy when price is $20 k or below ? But that's under probability, some people still believe that Bitcoin will drop below $22k but all are just speculation, possibly it's may but I don't think you should wait until $20k or below. if you want to buy let's say 1 Bitcoin, then you still need to use the DCA and be accumulating gradually maybe every month you can buy with $1k or 1.5k, so that even if price fall you will still be accumulating and if the price pumps, you will still be on the advantages because you have already accumulated some on a low price. you must not wait until halving before buying, what if the halving happens in a different way as Bitcoiners did not speculate?  If it did not happen in the speculated period.   And it happens that you did not even buy at that very low price before the halving.

[MainIbem]

I want to know when exactly to buy bitcoin since I don't want to use the DCA system in this purchase. Will market see anything below $20k again?

If I were you I would used this very moment to buy hold some bitcoin since bull run is around the corner and there is every possibility of the market not seeing anything below 20k again. So i will advise you buy and hold now don't wait till getting to next bitcoin halving before holding some reasonable amount of bitcoin, i came across some post where they are saying of not buying bitcoin when it was around 17k plus they are waiting for such opportunity to come again to buy but there is no chance.
In essence do not wait for the market dropping to your targeted prices before holding.

[wiss19]

You shouldn't specifically wait for the month or the week before the halving to make your purchase, you should get a much better price than that if you buy earlier, I'm pretty sure that Bitcoin will provide everyone with the intention to buy more a vital opportunity soon, and it might be the last chance if one wants to buy and then we will be in the bull market.

So if you want to buy one off and don't want to do DCA, you should probably not aim for that specific month or week and should just have an eye on the market and you will see the opportunity probably very soon.

[adaseb]

You can pretty much buy bitcoin anytime, DCA or not. The only time you shouldn't be going "all-in" is when its breaking and making new ATHs and you got celebrities and everyone pretty much talking about it. Pretty much what happened when we were at $50K last year. Everyone I knew was talking about bitcoin. You would go into an Uber and the driver was talking about how he put all his savings into it because its going to $100,000.

When that happens you shouldn't put all your money into it because it'll be the top. This is exactly what happened when we were at $69K, and same in 2017 when we were at $20K and also same in 2013 when we broke $1K. When there is an exponential move, you need to be prepared its going to be the near top and avoid investing then. Aside from that, buy bitcoin anytime.

[darewaller]

Bitcoin next halving will happen in the 1st quarter of the year 2024, which means by this time next year. People that have witnessed halving and its bull run. Please, I want to know if;

• Bull run happens few months or weeks to halving
• Or it happens few weeks or months after halving
• Or it happens simultaneously in the week or month of halving

I want to know when exactly to buy bitcoin since I don't want to use the DCA system in this purchase. Will market see anything below $20k again?

According to the flow of the price this quarter, we will likely see a bull run before this year ends but it will continue till next year so if you don't have a Bitcoin with you, you better buy one now or a portion of it, if you are poor. I don't think we can fall below $20k so don't hope about it as you will only get disappointed.

The lowest that we can get for now is 25 to 26k dollars but you can start buying today as the price is already at $27k. The first two prices that I mentioned are only my estimation and still not guarantee to happen. May I know why you don't want to use the DCA system when everyone is using it? It's a good system dude and it's twice better than waiting for a dip or bottom price.

[DiMarxist]

Bitcoin price will increase as people won't what to miss out thinking the price will pump high immediately the halving is over. After the halving, a correction in price will happen and people will get disappointed as Bitcoin wouldn't pump as they expected and also the corrections happens as a result of traders taking profits, if you want to buy, buy now and hold bitcoin since bull trend run is near infact we are in bull run, because I don't think the price will go to low as $20k. Next year will make it 4th halving, So don't wait till getting to the next bitcoin halving before holding some reasonable amount of bitcoin.

[goaldigger]

Look at history of the price, usually the hype will start a few months before the halving and will start go sideways during the halving period, you should be more concern after the halving because that is the time where momentum get’s more active. There might be changes though as the market becomes more volatile, if I were you start buying some now while the price is still cheap, there is no need to wait for the halving before you prepare, start doing it now the early the better.

[uchegod-21]

Bitcoin next halving will happen in the 1st quarter of the year 2024, which means by this time next year. People that have witnessed halving and its bull run. Please, I want to know if;

• Bull run happens few months or weeks to halving
• Or it happens few weeks or months after halving
• Or it happens simultaneously in the week or month of halving

I want to know when exactly to buy bitcoin since I don't want to use the DCA system in this purchase. Will market see anything below $20k again?

Judging from pasted experience, we usually have two types of fomo, the first fomo happens few weeks to the halving date, Bitcoin price will increase as people won't what to miss out thinking the price will pump high immediately the halving is over. Usually projects tends to pump towards an event date in the cryptocurrency market and Bitcoin itself is no exception.

After the halving, a correction in price happens as people get disappointed as Bitcoin wouldn't pump as they expected and also the corrections happens as a result of traders taking profits for the gains they have made leading to the halving date. The real bull market starts a year after the halving which is 2025.

This is my first time of hearing this version of story. It sounds interesting and practical. It looks like what has happened before or what came out of experience. I think I will go with this in one aspect. But since I cannot actually wait till 2025, I would follow the advice of people here even when they said it is not an investment advice.
I will continue to be active here, I believe as the market continues to hover, it will be getting clearer on what actually will happen during or after the halving.

[savetheFORUM]

Bitcoin price will increase as people won't what to miss out thinking the price will pump high immediately the halving is over. After the halving, a correction in price will happen and people will get disappointed as Bitcoin wouldn't pump as they expected and also the corrections happens as a result of traders taking profits, if you want to buy, buy now and hold bitcoin since bull trend run is near infact we are in bull run, because I don't think the price will go to low as $20k. Next year will make it 4th halving, So don't wait till getting to the next bitcoin halving before holding some reasonable amount of bitcoin.

Bitcoin is having a correction at the moment, it went above $30k, and even hit $31k once but couldn't hold it there and is already back to $27k by now and still declining. So basically, we can't be sure if the price will get back to $20k or not, but it's guaranteed that there will be better prices for those who are waiting to buy more.

Halving might give a boost to the price but it's not actually the reason why Bitcoin will get into a bull cycle. We might be in the bull run even before the halving and when the halving reaches, the price might get a bit of a boost from that point.

[m2017]

Bitcoin next halving will happen in the 1st quarter of the year 2024, which means by this time next year. People that have witnessed halving and its bull run. Please, I want to know if;

• Bull run happens few months or weeks to halving
• Or it happens few weeks or months after halving
• Or it happens simultaneously in the week or month of halving

I want to know when exactly to buy bitcoin since I don't want to use the DCA system in this purchase. Will market see anything below $20k again?

We all on this forum want answers to your questions.

The problem is that NOBODY knows in what scenario events will develop after the halving. If someone says they know, don't believe them.

Maybe stop asking questions, the answers to which, in principle, can not be obtained?

Man. Its 1 min google search:


https://www.coinmama.com/blog/the-bitcoin-halving-a-history/

Just type "BTC halvings on bitcoin chart" in google search, and you will find a lot of such charts.

But to be honest, BTC halving is a bit of an overrated singal to buy. Adoption and economic turmoil are having a much stronger impact on the price than 4th halving.

BTC charts you will get, but absolutely it doesn't mean anything. There are no guarantees that the real chart will be just like that. You are not so naive as to believe the charts from Google, right? Even more so, to use this information for investment.

[YOSHIE]

I want to know when exactly to buy bitcoin since I don't want to use the DCA system in this purchase. Will market see anything below $20k again?

I've seen and heard conversations of investors or crypto experts about speculation and halving of Bitcoin from time to time.

There are two speculations that are often used by current Bitcoin investors/buyers to target Bitcoin halving in the future.
1. If they want to buy Bitcoin, they don't rely on speculation, they start to focus on buying Bitcoin one year after the halving happened, they don't care about Bitcoin today $ 20k tomorrow $ 25k, their main goal is to buy and target the next halving.
they believe, after one year the price of Bitcoin has been at its lowest point.
2. Those who want to buy Bitcoin are always guided by data, statistics, crypto markets from various sources to start buying Bitcoin.
This second method, they think there is a time to buy Bitcoin at the right time and at the wrong time, but they are only guided by speculators.

Of the two things that I told you, of course you can think now, the first way you can buy Bitcoin for the halving is coming and the second way maybe now you have to research speculation in depth again, maybe now Bitcoin is already in a bear market orwant to go to the bull market.

The choice is yours, sure the first path buy now and not sure choose the second path, remember we never know what will happen to the crypto or Bitcoin market in the future, belief in yourself that leads someone to success.

[dragonvslinux]

I want to know when exactly to buy bitcoin since I don't want to use the DCA system in this purchase. Will market see anything below $20k again?

There is no perfect time to buy Bitcoin, only good/bad times in the immediate term, but otherwise historically anytime is a good time to buy Bitcoin. Even buying the highs at $20K in 2017 wasn't the worst idea some years later. Truth is no-one knows for sure if Bitcoin will ever return to $20K, or even $15K, however generally buying Bitcoin when it's at a discount of 50%+ is usually a good time.

Bitcoin next halving will happen in the 1st quarter of the year 2024, which means by this time next year. People that have witnessed halving and its bull run.

Given you referenced Bitcoin's 4 year cycle, then there are two straight forward ways to trade/invest if this is what you're interested in:

1. Buy the 4 year moving average in order to get the average price over the past 4 years, without having to DCA every week for 4 years. This was around $22K in June last year and now is around $25K this month. Arguably buying at $25K this year could be more comfortable than $22K last year, as price remained below this level for over 6 months, where now it seems less downside is more likely than last year.

2. Buy after the halving, or even 6-months prior to it for example (so around end of year) if you don't want to risk missing out on a pre-havling pump*. This has also historically been a good time to invest in Bitcoin, although at the same time price could be overvalued at the end of the year compared to current prices, so there is always risk involved, but time-wise there shouldn't be too much downside.

That's just a couple of strategies that investors have used in the past, so not guarantied to be successful in the future, and otherwise shouldn't be considered financial advise 

*It's worth noting that in the last cycle many anticipated there to be a pre-halving pump, as opposed to only post-halving, because the halving would be priced in in advance after successfully increasing price after the 2016 halving. The covid crash that is largely considered a black swan event put an end to this pre-halving pump possibility, but it doesn't mean it won't happen this time around.

[South Park]

Bitcoin next halving will happen in the 1st quarter of the year 2024, which means by this time next year. People that have witnessed halving and its bull run. Please, I want to know if;

• Bull run happens few months or weeks to halving
• Or it happens few weeks or months after halving
• Or it happens simultaneously in the week or month of halving

I want to know when exactly to buy bitcoin since I don't want to use the DCA system in this purchase. Will market see anything below $20k again?

The increase on the price caused by the halving is not an instantaneous process, the reason behind the price increase is that as the miners are obtaining less bitcoin for each block they mine, they become more reluctant to sell for such a low price as if they did then they will be doing so at a loss, so they increase the price at which they sell and the market reacts to this, however I will suggest that you change your attitude, as it seems as if you are trying to buy at the very bottom of the market and this is something only a fortune few are able to do.

[Vinaa77]

I want to know when exactly to buy bitcoin since I don't want to use the DCA system in this purchase.

In my personal opinion, if you want to use the one time buy Bitcoin method and hold it for a long time I might say this time you can do it, because considering the market is experiencing a price correction with a decent and relatively high percentage you can take advantage of it, now the price is at below $30k, some long term Investors I think they have done it, maybe in a few months Bitcoin will be in the $30k-$45k range.

[_BlackStar]

Stop fear and buy by 30% and buy more with any new deep, and so on, DCA's strategy is good in your case as well.

In fact, many people will still be looking for the best time to make a lump sum invest rather than DCA each new dip. Whereas DCA is the most recommended strategy when an investor doubts that the price is still too expensive to invest, in fact DCA has helped many people to buy at least a few percent of bitcoins from the total budget if the price goes increase.

But if the OP is confident of holding onto his bitcoin long term, then surely buying a lump sum now isn't such a bad thing instead of waiting for a bigger drop. So buying now is a good choice, even if you don't want to do it with lump sum. Don't get your hopes up for deeper declines when the bear market is over, meaning a new cycle is about to start.

[2double0]

I can't say about bull run, but I have seen that Bitcoin's high gets priced in every time before the halving takes place. However, it was all in the past as we saw it happening, so there is no guarantee that it'll happen again in the near future. So don't rely on the halving part and buy BTC now and sell it just before halving takes place. Then buy back again once it is oversold.

[Tytanowy Janusz]

BTC charts you will get, but absolutely it doesn't mean anything. There are no guarantees that the real chart will be just like that. You are not so naive as to believe the charts from Google, right? Even more so, to use this information for investment.

OP asked question about how previous halvings impacted the BTC price. I have delivered the answer in a form of a chart found on google. However, in the last sentence of my post i wrote that halving is not a major force that moves prices, and I even get into discussion with other bitcointalk members describing how irrelevant 4th halving is from a fundamental point of view. But you certainly know that, because you sure didn't do it so that you read only the first post, and after seeing the first picture, you started writing anything just to make another post to meet signature requirements? "you are not so naive [...], right?"

[Similificator]

It actually depends on how significant a halving would be. This will determine the popularity of the halving itself which could somehow impact the price of Bitcoin weeks prior and after the halving. The duration of the price movement upwards or downwards may also continue depending on various factors like economic or crypto related events. Anyway, I think it would be best to buy little by little when possible rather than wait till a few weeks before or after the halving. This isn't a financial advice though, just sharing what I myself would prefer to do after I figure out what the possible bottom may be in the coming weeks since it's quite hard to make decisions right now seeing how the market is currently moving.

[aryana42]

You surprise and confuse me if you haven't bought any bitcoins yet. Because the perfect time to buy bitcoin has passed, and if you are still greedy and waiting for a new bottom, you will regret it even more. In my opinion, buy now and no DCA. I believe bitcoin will still be correct, but dumping again is unlikely. We have no more black swan events to do that.

[pawel7777]

BTC charts you will get, but absolutely it doesn't mean anything. There are no guarantees that the real chart will be just like that.

Well, it's a good thing no one said that then.

You are not so naive as to believe the charts from Google, right? Even more so, to use this information for investment.

Care to share what information do you use to make investment decisions and what's your decision-making process? Don't be shy.

This is my first time of hearing this version of story. It sounds interesting and practical. It looks like what has happened before or what came out of experience. I think I will go with this in one aspect. But since I cannot actually wait till 2025, I would follow the advice of people here even when they said it is not an investment advice.
I will continue to be active here, I believe as the market continues to hover, it will be getting clearer on what actually will happen during or after the halving.

Good luck OP, but remember to set yourself realistic profit targets, decide at what point do you intend to sell and stick to it. Don't get too greedy, hitting the exact top is close to impossible, so as long as you end up with a profit - you can be happy with yourself.

[Baoo]

Well, I am pretty sure that a strong bull run will  be achieved after 4-5 months from the next halving probably in September or October 2024. In fact, in previous Bitcoin halving that’s what exactly happened , the price increased significantly  after 150 days from the event. For example in 2012 , the value of BTC went from $12 to $1000 , and in 2016 it went from $670 to  $ 2550. In conclusion the more you HODL and invest during this year, the larger returns in next 1-2 years However, nobody knows what the future will bring for Bitcoin and generally cryptocurrencies so it is pretty difficult to predict accurate prices especially in middle and long term.

[bettercrypto]

Bitcoin next halving will happen in the 1st quarter of the year 2024, which means by this time next year. People that have witnessed halving and its bull run. Please, I want to know if;

• Bull run happens few months or weeks to halving
• Or it happens few weeks or months after halving
• Or it happens simultaneously in the week or month of halving

I want to know when exactly to buy bitcoin since I don't want to use the DCA system in this purchase. Will market see anything below $20k again?

The bitcoin halving can happen at any moment, that's why it remains unpredictable and most bitcoin enthusiasts in this industry know this too. Now if you don't do the dca that is your choice and maybe you have the ability to buy bitcoin in bulk.

      But among the others who do dca, maybe most of them don't buy bitcoin in large amounts, so they apply it for that anyway they have accumulated bitcoin before the halving itself comes.

[justdimin]

BTC charts you will get, but absolutely it doesn't mean anything. There are no guarantees that the real chart will be just like that. You are not so naive as to believe the charts from Google, right? Even more so, to use this information for investment.

OP asked question about how previous halvings impacted the BTC price. I have delivered the answer in a form of a chart found on google. However, in the last sentence of my post i wrote that halving is not a major force that moves prices, and I even get into discussion with other bitcointalk members describing how irrelevant 4th halving is from a fundamental point of view. But you certainly know that, because you sure didn't do it so that you read only the first post, and after seeing the first picture, you started writing anything just to make another post to meet signature requirements? "you are not so naive [...], right?"

I feel like the chart should be showing what happens near it but the reality is that after a year or so from the halving, each time it happens, the price goes up, it went up before and it could happen again. I understand that it may not be a near the halving level and it looks like maybe it has nothing to do with it when you look at that, like 2-3 months before and 2-3 months after could be calm and not really a huge deal.

But, I suggest you to look at 1 year before and 1 year after and see the changes in the price. One of the biggest examples will be this year, look at the price average this year in 2023, then look at it at 2024 and compare that to 2025. I bet you that in 2023 we will do fine, in 2024 we will do good and in 2025 we will do great, and obviously in 2026 we will do terrible again just like 2018 or in 2022 as well.

[GeorgeJohn]

I can't say about bull run, but I have seen that Bitcoin's high gets priced in every time before the halving takes place. However, it was all in the past as we saw it happening, so there is no guarantee that it'll happen again in the near future. So don't rely on the halving part and buy BTC now and sell it just before halving takes place. Then buy back again once it is oversold.

Actually bitcoin doesn't have any specific time someone can invest in Bitcoin, we can only purchase anytime we have the money to purchase Bitcoin, because you may have in mind that Bitcoin price is going up and  that's opportunity for you to buy Bitcoin, and after purchasing the price began to fall instead of rising, and same thing is applicable to when the price is on falling situation, many people emphasis that the perfect time to invest in Bitcoin is when is falling, when you rush and invest and it happened to experience bearish, so from my analysis of Bitcoin theirs no perfect time someone can invest in Bitcoin, the scenario is that anytime you have funds you can invest in Bitcoin.

[bangjoe]

I want to know when exactly to buy bitcoin since I don't want to use the DCA system in this purchase. Will market see anything below $20k again?

Each halving will have much less impact than the previous one, and if things rarely pan out the way that everyone expects them. After all, if we could predict such things with 100% - we'll all be rich - and that's impossible,

No one has a crystal ball to answer your question, but if you're confident that bitcoin will go up again and will at least reach its previous ath, then waiting for the potential dip makes little sense. You could buy now and still enjoy great gains if your prediction comes true. Waiting for the dip could backfire. Don't try to time the market perfectly, that's not possible.

Yes, each cycle has a different pattern, different dynamics and different price ups and downs, as well as when a bull run occurs, it will be very difficult to take into account and compare with previous cycles to draw one hundred percent conclusions and predictions, and it is true if we can take into account each phase in bitcoin with 100% accuracy maybe I am a billionaire today.

I agree, don't focus too much on thinking buying on dips because it will trick you and make the strategy look bad if the expected dips don't happen, the thing to be sure of is that we are still far from the previous ATH which means the opportunity is still wide open for gains the advantages of bitcoin basically we believe the four year cycle of bitcoin which has the lowest price point and the highest price point in each cycle.

And why doesn't the OP want to go with the DCA strategy? isn't that the most reliable strategy in a fairly volatile market situation like recently.

[Dave1]

And if the OP continues to think that the price might go to $20k or below, that chance might not come again as the price shoots up again to above $28k and maybe the bulls are going to push for another run at $30k a the end of the month to keep the market positive and green.

And so with that advise of others, it's a better strategy to really do DCA for the rest of the year at least prior to the bitcoin block halving instead of just one time buy off at a lower price that the OP is hoping for. But that opportunity might not come, just saying

[duckalis]

Typically, the price of BTC begin to rise about 6 months before a halving, and don’t change much during the halving period itself. On average, according to past periods, the price may peak 12 months after a halving.

[South Park]

And if the OP continues to think that the price might go to $20k or below, that chance might not come again as the price shoots up again to above $28k and maybe the bulls are going to push for another run at $30k a the end of the month to keep the market positive and green.

And so with that advise of others, it's a better strategy to really do DCA for the rest of the year at least prior to the bitcoin block halving instead of just one time buy off at a lower price that the OP is hoping for. But that opportunity might not come, just saying

Traders need to learn to take advantage of the opportunities the market gives them, anyone that wanted to buy bitcoin for a price below 20k had months to do it, if that is not enough time for them to take advantage of that price or if they were simply afraid of doing so, as at the time the price of bitcoin still had a very pronounced negative tendency, then they need to reconsider their decision to become traders, since they do not seem to have what is necessary to do this job in an appropriate manner.

[boyptc]

Typically, the price of BTC begin to rise about 6 months before a halving, and don’t change much during the halving period itself. On average, according to past periods, the price may peak 12 months after a halving.

And that means that it is better if months before the halving. You'll save more money and effort by that time but, you'll also need to address your goal if that's totally okay for you to buy at those rates.

While it seemingly stagnant to see movements before the halving but that's one ideal time for someone who plans to buy one time.

Either way, as long as you buy before it or even just a couple of weeks after it since effect might come several months after.

[GeorgeJohn]

Bitcoin buying does not have duration, so I believe that this incoming users of bitcoin suppose at know that you can purchase bitcoin anytime you wish to buy bitcoin, and I believe that many people have understand that, what I will encourage people to do during bitcoin investment or during the time of buying bitcoin is that Bitcoin if you are financial buoyant enough, don't hesitate to buy bitcoin as many you wishes.

[FUCKBSVFUCK]

This is another opportunity for you to buy bitcoin because in the event that you want to hold it for more years, you can invest in Bitcoin and hold it until the price crashes like today. So, you have to wait a while for the price to return to its previous state. It's always best if you bought the dip and you can hold it until it crash again. Once the bitcoin price recovers you could take it for the next bull run.

[GeorgeJohn]

Bitcoin next halving will happen in the 1st quarter of the year 2024, which means by this time next year. People that have witnessed halving and its bull run. Please, I want to know if;

• Bull run happens few months or weeks to halving
• Or it happens few weeks or months after halving
• Or it happens simultaneously in the week or month of halving

I want to know when exactly to buy bitcoin since I don't want to use the DCA system in this purchase. Will market see anything below $20k again?

At this point you don't need to wait for bullrun to occur before you purchase bitcoin, because from my understanding and experience in bitcoin, theirs no time you purchase bitcoin for investment is not best time, except that your motive of investing in bitcoin is for short term,  its people who is into short term investment of bitcoin is always determined or curious to know if during bitcoin halving and bullrun time will determine their profits for the Investment, let us not confused ourselves over bitcoin investment, its quite right you can invest in bitcoin whenever you have the capital to invest, its doesn't matter if bitcoin is in the state of degradation or in the state of acceleration in price. Invest and allow the rotation or nature of the market to give results, either positively or negatively, that's while it's encouraging to use a spare money to invest bitcoin to avoid panicking towards the investment.

[pawel7777]

because from my understanding and experience in bitcoin, theirs no time you purchase bitcoin for investment is not best time, except that your motive of investing in bitcoin is for short term,

Really? Was buying at the ath of $68k the "best" time as well?
I get it, we are on the Bitcoin forum and (almost) everyone is pro-bitcoin, but let's not get detached from reality. Buying in at something that looks like a potential peak is not a smart move even if you're here for the long run. There's no guarantee that ath will keep getting higher every cycle or that cycles will keep repeating themselves as they did in the past. That's impossible.

[Joshapat]

The price of bitcoin will always fluctuate, there is no history that in a month or 30 days the price continues to rise without any decline, this is of course a good opportunity for us to get profit at any time, there is no good time to buy, but if we buy immediately then this gives us the opportunity to get profit.

[pawel7777]

there is no good time to buy

Of course there is. The problem is, we don't know for sure whether the present time is a good time to buy, we can only judge that in retrospect, when it's in the past. But that doesn't mean that good time does not exist.

but if we buy immediately then this gives us the opportunity to get profit.

And if we don't buy immediately, there won't be opportunities for profit? DCA has proven to be a good tactic and it doesn't require buying in immediately.

[EarnOnVictor]

Please, I want to know if;

• Bull run happens few months or weeks to halving
• Or it happens few weeks or months after halving
• Or it happens simultaneously in the week or month of halving

I want to know when exactly to buy bitcoin since I don't want to use the DCA system in this purchase. Will market see anything below $20k again?

It seems you are reasoning like me, I'm so curious these days in preparing for the 2024 drama. Nonetheless, my advice for you is to learn how to study your Bitcoin chart very well, all the answers you need are there. I recommend you use both weekly and monthly charts for effective studies.

Still, let me try to answer your questions:

No one yet knows the exact date of the 2024 halving or promises the same reaction, but judging by what happened in the last one, the pump started in April (a month before the halving). I guess it was due to FOMO, but was never significant like what started in October of the same year. There are months that ended bearish before the October pump that lasted till 2021.

This calls for wisdom, one should have started buying as early as April or even March and leave it for at least 9 months.

 

[sana54210]

It seems you are reasoning like me, I'm so curious these days in preparing for the 2024 drama. Nonetheless, my advice for you is to learn how to study your Bitcoin chart very well, all the answers you need are there. I recommend you use both weekly and monthly charts for effective studies.

Still, let me try to answer your questions:

No one yet knows the exact date of the 2024 halving or promises the same reaction, but judging by what happened in the last one, the pump started in April (a month before the halving). I guess it was due to FOMO, but was never significant like what started in October of the same year. There are months that ended bearish before the October pump that lasted till 2021.

This calls for wisdom, one should have started buying as early as April or even March and leave it for at least 9 months.

I would guess that April or may will be the month, there is no "exact" but that is as good as it gets. It means that we have about a year left, and you could start buying right now, since we do not need the exact date and hour when that will happen, we could start buying right now, that should not really be an issue.

I hope that people would realize before it's too late that they could invest into bitcoin without a worry, and they could make a profit next year after the halving as well, all they have to do is buy right now and hold until next year and maybe a bit more after that if they want more profit, but that's about it. I think it is important that people keep forgetting about how they could make a profit, and they keep questioning when they should get in, it's today, you should get in today.

[Ojima-ojo]

Bitcoin next halving will happen in the 1st quarter of the year 2024, which means by this time next year. People that have witnessed halving and its bull run. Please, I want to know if;

• Bull run happens few months or weeks to halving
• Or it happens few weeks or months after halving
• Or it happens simultaneously in the week or month of halving

I want to know when exactly to buy bitcoin since I don't want to use the DCA system in this purchase. Will market see anything below $20k again?

Fact is no one is certain as at when the next bull market will happen even after Bitcoin halving, so no one can tell you if it will be bull in one week after halving or one year after the halving but one thing you should know from the economic point of views about Bitcoin halving is.

Bitcoin halving means the block size will be decreased meaning the total number of Bitcoin given as rewards to miners and in circulation will be reduced, and so since scarcity equals an increase in value so that is why Price increase is always expected after every halving since the supply will reduce thereby making bitcoin scarce.

But how and when the demand will sore that will force the price of Bitcoin to increase thereby leading to ATH still remain unknown to all of us.

But if you ask me, the best time to buy Bitcoin is when the price is low and that is buying any significant dip before the halving.

[STT]

Theres a good sequence of higher lows and till the last month or so higher highs.  However we've been held back in a fairly clear way, its not possible to know for certain if its due to break upwards or weakness will appear.   We have pulled back some and then recovered higher, I would guess we are positive and able to continue to do so however the whole year I did not think will register as an outstanding bullish year.

This is quite stagnant in summary though we moved, the resolution was sideways which was my view for 2023 not negative but alot of work to be done in working through volume from prior years it cannot be forgotten only revised.

[Sir Legend]

Many people say and hope they will buy a large amount of bitcoin if the price they say is reached, for example when the price is $ 25k we hear that many people will buy 10 btc when the price is below $ 20k, but when the price is $ 20k they are afraid because the price will continue to fall so they delay again, this type of investor will never invest in bitcoin and only make price predictions.

[pawel7777]

Many people say and hope they will buy a large amount of bitcoin if the price they say is reached, for example when the price is $ 25k we hear that many people will buy 10 btc when the price is below $ 20k, but when the price is $ 20k they are afraid because the price will continue to fall so they delay again, this type of investor will never invest in bitcoin and only make price predictions.

That's so true. The psychology of an average armchair investor is full of flaws. We like to think of ourselves that are actions are logic-based but the reality is we're primarily driven by basic emotional instincts like fear or greed.
I'd add to that that people are often just too afraid to pull a trigger and take actions and will search for excuse (i.e. waiting for the "right" price) to delay making a decision and executing it.

[BobK71]

I want to know when exactly to buy bitcoin since I don't want to use the DCA system in this purchase. Will market see anything below $20k again?

Although DCA is a good method for the purchase of Bitcoin. However, since you do not want to follow this strategy, you must take a risk. Because no one is sure when the price of Bitcoin will fall and when it will rise. In that case you have to take the decision in a specific range. If you do not follow the DCA, it won't be too much to be a problem if you invest for the long term. In this case I think the current price is not bad either. It is better to buy bitcoin from $28K to $30K. Though there may be some changes in the price because of Volatility, there is nothing to worry. Expecting the purchase of Bitcoin $20k or below is not worthy according to the time.

[Furious 7]

The price of bitcoin will always fluctuate, there is no history that in a month or 30 days the price continues to rise without any decline, this is of course a good opportunity for us to get profit at any time, there is no good time to buy, but if we buy immediately then this gives us the opportunity to get profit.

This is something that must be realized because the concept of buying at a low price and selling at a high price is also not as beautiful as imagined, so it is clear that momentum must be utilized.
The momentum has been there since the last few years and even we were given more discounts when we were at $ 15k before so indeed when talking about the best time actually I still feel that any opportunity when we have more money especially when bitcoin is experiencing a correction is something good .

But on the other hand it depends on the people who are here as well because there are indeed different understandings of the best time, such as some who wait quite a long time for a low price as desired, some take advantage of the momentum when prices experience corrections and add to their portfolios and there is also a DCA.
Everything is not wrong because they have their own vision.

[ilovealtcoins]

Bitcoin next halving will happen in the 1st quarter of the year 2024, which means by this time next year. People that have witnessed halving and its bull run. Please, I want to know if;

• Bull run happens few months or weeks to halving
• Or it happens few weeks or months after halving
• Or it happens simultaneously in the week or month of halving

I want to know when exactly to buy bitcoin since I don't want to use the DCA system in this purchase. Will market see anything below $20k again?

Historically, bull runs occurred a year after the halving, whether things will change or not is unknown. If history repeats itself, you still have a buying opportunity. Because in 2019 bitcoin also recovered quickly but still ended up falling to $4k and causing the altcoin market to almost die. But gradually accumulating is also a good idea, why not like it?

[Swordsoffreedom]

because from my understanding and experience in bitcoin, theirs no time you purchase bitcoin for investment is not best time, except that your motive of investing in bitcoin is for short term,

Really? Was buying at the ath of $68k the "best" time as well?
I get it, we are on the Bitcoin forum and (almost) everyone is pro-bitcoin, but let's not get detached from reality. Buying in at something that looks like a potential peak is not a smart move even if you're here for the long run. There's no guarantee that ath will keep getting higher every cycle or that cycles will keep repeating themselves as they did in the past. That's impossible.

The ultimate goal when investing in bitcoin is profit, when and at what price is extremely important, so I also disagree with saying that there is no best time to buy. If we bought bitcoin for $69k last year, we most likely won't lose money when the next bull season comes, but we won't be profitable either, and that's a real waste of time and money. As for me, I'm still accumulating bitcoins, but when the price crosses $50k or nears the old ATH, I'll stop buying and wait instead of buying regardless because the future is unpredictable, including bitcoins.

[Oasisman]

I want to know when exactly to buy bitcoin since I don't want to use the DCA system in this purchase. Will market see anything below $20k again?

Although DCA is a good method for the purchase of Bitcoin. However, since you do not want to follow this strategy, you must take a risk. Because no one is sure when the price of Bitcoin will fall and when it will rise. In that case you have to take the decision in a specific range. If you do not follow the DCA, it won't be too much to be a problem if you invest for the long term. In this case I think the current price is not bad either. It is better to buy bitcoin from $28K to $30K. Though there may be some changes in the price because of Volatility, there is nothing to worry. Expecting the purchase of Bitcoin $20k or below is not worthy according to the time.

OP was looking to enter below $20k which is more likely we're not gonna see it while we are fast approaching the Bitcoin halving. I would always suggest the DCA method if he wants to maximize the opportunity to buy at a lower price if not closer to the bottom. Now, if I'm in OP's shoes, realistically $25k is a much safer choice if I want to purchase 1 Btc all at once, otherwise I'll gonna miss everything till the next Bitcoin halving.
Bitcoin may take a dive between June and August, but it's not guaranteed though.

[Wong Gendheng]

Bitcoin investment is a very good and profitable thing, we have the opportunity to get a big profit if you dare to take risks by buying, if we want to buy in large quantities, then I suggest storing in the private wallet, trust wallets on Android are good wallets because they provide private Key so that we can control the full bitcoin that we have.

[South Park]

OP was looking to enter below $20k which is more likely we're not gonna see it while we are fast approaching the Bitcoin halving. I would always suggest the DCA method if he wants to maximize the opportunity to buy at a lower price if not closer to the bottom. Now, if I'm in OP's shoes, realistically $25k is a much safer choice if I want to purchase 1 Btc all at once, otherwise I'll gonna miss everything till the next Bitcoin halving.
Bitcoin may take a dive between June and August, but it's not guaranteed though.

The OP missed their chance to buy at that price and with this in mind they need to adjust their strategy, now a price below 25k is more realistic but even then it is difficult to know if we will get to those levels soon, as each month that passes in which this does not happen the possibilities of this occurring at all drop as the halving is getting closer, so this means there is a very real possibility 28k is the best price the OP can hope to get, and if they do not invest now then they will have to once again adjust their strategy and buy bitcoin for an even higher price.

[Questat]

The ultimate goal when investing in bitcoin is profit, when and at what price is extremely important, so I also disagree with saying that there is no best time to buy. If we bought bitcoin for $69k last year, we most likely won't lose money when the next bull season comes, but we won't be profitable either, and that's a real waste of time and money. As for me, I'm still accumulating bitcoins, but when the price crosses $50k or nears the old ATH, I'll stop buying and wait instead of buying regardless because the future is unpredictable, including bitcoins.

A reason why we have this market analysis is to have some idea of when to buy and when to sell. Assuming that there is no best time to buy Bitcoin but at least buying it at a low price is more profitable compared to buying at a high price when both of them are sold at the same price. If we really have a long market experience, we certainly have the idea of when is the perfect time to buy and I would say that we still have time left before halving so probably this year is just our best chance to accumulate Bitcoin as next year it would be possibly expensive already.

[gunhell16]

At the current price of Bitcoin, I think buy it now, and if it goes down again buy again, it's as simple as that. Then, with each sale you just hold until the bull run comes.

Now, regarding your question, if whether it will go down to 20k$ again, the answer is Yes, there is no specific time and day when and it may not depend on the demand and game of Bitcoin whale holders. Because no one knows what will happen to its value in the future because everything everyone says here on the forum is just speculation.

[arimamib]

Bitcoin next halving will happen in the 1st quarter of the year 2024, which means by this time next year. People that have witnessed halving and its bull run. Please, I want to know if;

• Bull run happens few months or weeks to halving
• Or it happens few weeks or months after halving
• Or it happens simultaneously in the week or month of halving

I want to know when exactly to buy bitcoin since I don't want to use the DCA system in this purchase. Will market see anything below $20k again?

I think if you use the DCA Strategy then you won't need to know when the price will drop deeper and when the price will go up more aggressively this year. Make purchases gradually every week before you really achieve a profitability in the future. I think next year's halving will trigger a significant price reaction, therefore we still have a chance to buy btc prices, in other words, below ATH.

I remember when the opportunity didn't come for the umpteenth time, so make the best of this opportunity to buy btc with the strategy you applied. Buy and hold until the halving arrives even if you hold for the long term so it's better for you to do it from now on.

[19Nov16]

Early 2015 my first experience buying bitcoin was at coinbase, at that time they only accepted purchases via credit card and i bought 2 btc which i planned for cloud mining and gambling, at that time the price of 1 btc was around $235, of course if i hold on until now i can get a lot of profit.

[Texac]

I don't think you will find the answer to your question because we all know bitcoin is unpredictable that's why we have DCA strategy.  if you don't want to use DCA, it's hard to know when is the best time to buy bitcoin. but if you believe in history and if history repeats itself then this year's market will be like 2019's market.  that means we still have a chance of bitcoin falling below $20k again and possibly by the end of the year.  I'm not sure, but that's what happened in 2019 and 2020.

[Negotiation]

Investing in bitcoin will keep the faith and move forward no one knows exactly the right time to buy a cryptocurrency as volatile as bitcoin. There are different ways to approach your bitcoin acquisition and it depends on how much money you want to make and your risk tolerance rather than the timing of the purchase. Also, bitcoin halving significantly affects its price bitcoin price follows a logarithmic growth pattern. Buy and hold when it goes down and wait long term if you want to get a big profit.

[irhact]

Many people say and hope they will buy a large amount of bitcoin if the price they say is reached, for example when the price is $ 25k we hear that many people will buy 10 btc when the price is below $ 20k, but when the price is $ 20k they are afraid because the price will continue to fall so they delay again, this type of investor will never invest in bitcoin and only make price predictions.

Those types of investors are very many in the market and we have all been guilty at some point because we postponed our investment because of been fearful of the market. Sometimes the price of Bitcoin can drop so fast that we begin to doubt if it'll be the best time to invest since we're scared of the price dropping further. When this doubt comes just buy and ignore it.

If you're too scared then you can DCA and that will make you not to miss buying if the price of Bitcoin falls lower. If you don't DCA then you might miss out the opportunity to buy some Bitcoin as the price mightn't fall again but continue rising and then you start blaming yourself.

[Semar Mesem]

I think the best strategy is to buy gradually, if we have monthly income or salary then leaving around $200 to buy bitcoin is a great thing, the future potential of bitcoin will continue to rise because of more and more adoption and development from many companies.

[kro55]

Many people say and hope they will buy a large amount of bitcoin if the price they say is reached, for example when the price is $ 25k we hear that many people will buy 10 btc when the price is below $ 20k, but when the price is $ 20k they are afraid because the price will continue to fall so they delay again, this type of investor will never invest in bitcoin and only make price predictions.

Those types of investors are very many in the market and we have all been guilty at some point because we postponed our investment because of been fearful of the market. Sometimes the price of Bitcoin can drop so fast that we begin to doubt if it'll be the best time to invest since we're scared of the price dropping further. When this doubt comes just buy and ignore it.

If you're too scared then you can DCA and that will make you not to miss buying if the price of Bitcoin falls lower. If you don't DCA then you might miss out the opportunity to buy some Bitcoin as the price mightn't fall again but continue rising and then you start blaming yourself.

DCA is a very effective solution for bitcoin investment, that way we will never miss any low price, and also profit generated will be very fast, but I don't understand why OP doesn't like this there. Without using DCA, there is really no way to know when is the best time to buy bitcoin, a one-time purchase never works for a volatile asset like bitcoin. The halving is getting closer and closer to us, which also means that the bull season is coming, if we continue to delay buying bitcoin now, we will most likely miss the opportunity.

[lixer]

Early 2015 my first experience buying bitcoin was at coinbase, at that time they only accepted purchases via credit card and i bought 2 btc which i planned for cloud mining and gambling, at that time the price of 1 btc was around $235, of course if i hold on until now i can get a lot of profit.

I think we all will have those kinds of regrets forever in our lives if we have been early adopters of Bitcoin but never actually held on to the assets that we had in the past because we never really knew or expected Bitcoin to become so powerful and valuable in the future, though we believed in the technology, that was a different thing.

Just like you, I also had enough Bitcoins back in the day when the price was only around $400 but I never managed to save any of it and spent it all and now I regret that why I didn't hold any of the assets that would be worth too much by now.

[Ryu_Ar1]

Early 2015 my first experience buying bitcoin was at coinbase, at that time they only accepted purchases via credit card and i bought 2 btc which i planned for cloud mining and gambling, at that time the price of 1 btc was around $235, of course if i hold on until now i can get a lot of profit.

Well, with the current conditions of course it can be very multiplied but it has happened and can't be done anymore. regret is allowed but on the other hand it is also a good lesson.
I'm too new to bitcoin to give you advice but when something like regret like this happens I prefer this to be an experience and we know that conditions like that cannot be repeated when buying bitcoin at a very low price but now profits can still be taken by continuing to be in bitcoin and believing in it.
The most important thing in this case is that you have felt considerable regret before so of course the hope is not to do the same thing a second time.

[indah rezqi]

I think the best strategy is to buy gradually,

Not forever, I mean it really depends on market conditions. If in 1 day you see bitcoin down 10%, then buy as much as you want and it's still fine if you buy with your whole budget. Such a decline is just a response of traders to panic, but rest assured the price will recover after some time when many investors enter and buy low.

Buying in increments or maybe DCA is good, but only if you believe that prices are likely to drop lower than your first purchase price. There are times when you buy with DCA and there are times when you buy with a lump sum, so get to know those well instead of relying on just one buying strategy.

[Pierre 2]

It is nearly impossible to find perfect time to buy enough Bitcoin. Its chronic issue with investing in financial markets. You will never hit perfect time. So you shoud rather focus on accumulating at terrible market conditions. Remember when bitcoin was around 19-20k like a month ago or something. It was so cheap it was guarenteed to make profit there. So someone who bought around those levels made huge profits. We are in cheap price zone considering next year halving. But my own choice is below 25k. Its better to invest around that zone.

[South Park]

It is nearly impossible to find perfect time to buy enough Bitcoin. Its chronic issue with investing in financial markets. You will never hit perfect time. So you shoud rather focus on accumulating at terrible market conditions. Remember when bitcoin was around 19-20k like a month ago or something. It was so cheap it was guarenteed to make profit there. So someone who bought around those levels made huge profits. We are in cheap price zone considering next year halving. But my own choice is below 25k. Its better to invest around that zone.

Exactly, while buying at the very bottom is the perfect moment to buy bitcoin, how many people can actually buy at that price? Just as the top only lasts for a few hours, or even minutes, the bottom is the same as well, but as long as you buy an asset that has good long term prospects and you do so for a price way below the top and its average price then you are doing a great purchase already, and then obtaining profits will just be a matter of time.

[Nrcewker]

Early 2015 my first experience buying bitcoin was at coinbase, at that time they only accepted purchases via credit card and i bought 2 btc which i planned for cloud mining and gambling, at that time the price of 1 btc was around $235, of course if i hold on until now i can get a lot of profit.

Yes this example will again be shown to other peoples when Bitcoins will be revolving at 75k usd. At that time people will quote example of this time. Many of us will say that, there was a time when BTC costed 30k usd and we bought plenty. So yes it only proves that we have always underestimated the price of Bitcoins. And it also proves that Bitcoins have lot of potential and it’s very rare. So Op don’t look for better prices, and buy Bitcoins whenever you can.

[GeorgeJohn]

Bitcoin next halving will happen in the 1st quarter of the year 2024, which means by this time next year. People that have witnessed halving and its bull run. Please, I want to know if;

• Bull run happens few months or weeks to halving
• Or it happens few weeks or months after halving
• Or it happens simultaneously in the week or month of halving

I want to know when exactly to buy bitcoin since I don't want to use the DCA system in this purchase. Will market see anything below $20k again?

From my experience in bitcoin, theirs no specific time someone supposed know when is due or ready to invest in bitcoin, the time someone should invest in bitcoin have no specific time, normal life what we are supposed to do when we detect that bitcoin is going on bearish is to purchase more bitcoin  if we have the funds, and same thing is applicable when bitcoin is in the bullish, because their is every tendency that during a bullish and you purchase bitcoin and within the intervals of one or two days the market might increase more than your expectations,  so that's while I always emphasis that their's no specific time is the right time to invest in bitcoin, but new investors contradictory the investment time in bitcoin, what everyone is looking at for bitcoin investment is profit but some make it compulsory that only time you can make profit in bitcoin investment is during bearish time, I'm not kicking against time but what I know is that in bitcoin what gives profit for the Investment is the longer the investment stays until it meets with bullish market or season.

[pawel7777]

It is nearly impossible to find perfect time to buy enough Bitcoin. Its chronic issue with investing in financial markets. You will never hit perfect time. So you shoud rather focus on accumulating at terrible market conditions.

This is a cliché, but it's probably the only good advise one can give. People are posting questions about good time to buy or sell hoping for some collective wisdom, but financial markets are not ruled by democracy and majority often gets it wrong.

Remember when bitcoin was around 19-20k like a month ago or something. It was so cheap it was guarenteed to make profit there.

But back then no one knew when the price was going to go and the market mood was not very high. Saying "you should've bought then" while looking at the past charts is easy, predicting the future is a whole different game.

[Agbe]

Bitcoin next halving will happen in the 1st quarter of the year 2024, which means by this time next year. People that have witnessed halving and its bull run. Please, I want to know if;

• Bull run happens few months or weeks to halving
• Or it happens few weeks or months after halving
• Or it happens simultaneously in the week or month of halving

I want to know when exactly to buy bitcoin since I don't want to use the DCA system in this purchase. Will market see anything below $20k again?

That first quarter you are mentioning is also a speculation, because the halving might come even at the fourth quarter of this year then the bull kick at the first quarter of the year 2024. The last halving I met was before the bull. Even this flustration bear and little bull period. We can see that it is the small halving always before nthe little bull, so we can still keep it at that.
As for the time to buy bitcoin, it is good to buy when bitcoin is on the bearish market so you can make Profit or gain whenever the price goes up.

[SirLancelot]

I think the best strategy is to buy gradually,

Not forever, I mean it really depends on market conditions. If in 1 day you see bitcoin down 10%, then buy as much as you want and it's still fine if you buy with your whole budget. Such a decline is just a response of traders to panic, but rest assured the price will recover after some time when many investors enter and buy low.

Buying in increments or maybe DCA is good, but only if you believe that prices are likely to drop lower than your first purchase price. There are times when you buy with DCA and there are times when you buy with a lump sum, so get to know those well instead of relying on just one buying strategy.

What if the price drops 5% more after you have bought with all your budget at once? You won't be able to buy more and you will obviously regret buying all at once as you could get some at a lower price if you were a bit patient but since no one can stay patient in such situations, that's why doing DCA is the best way to go within such times.

When you do DCA, you leave no room for regret since you will be buying some at every price interval, and by the end of the dip or when your budget has been exhausted, you will have a pretty good buying average already.

[fzkto]

I think the best strategy is to buy gradually,

Not forever, I mean it really depends on market conditions. If in 1 day you see bitcoin down 10%, then buy as much as you want and it's still fine if you buy with your whole budget. Such a decline is just a response of traders to panic, but rest assured the price will recover after some time when many investors enter and buy low.

Buying in increments or maybe DCA is good, but only if you believe that prices are likely to drop lower than your first purchase price. There are times when you buy with DCA and there are times when you buy with a lump sum, so get to know those well instead of relying on just one buying strategy.

What if the price drops 5% more after you have bought with all your budget at once? You won't be able to buy more and you will obviously regret buying all at once as you could get some at a lower price if you were a bit patient but since no one can stay patient in such situations, that's why doing DCA is the best way to go within such times.

When you do DCA, you leave no room for regret since you will be buying some at every price interval, and by the end of the dip or when your budget has been exhausted, you will have a pretty good buying average already.

It all depends on how long you are prepared to wait. Of course it is good to have extra money to be able to buy again. But for example if you bought in 2017 at 15k or 18k and didn't sell for 4 years, you could sell in 2021 with a good profit. And if you don't have patience, you can lose money even if you bought bitcoin partly.

[savetheFORUM]

It all depends on how long you are prepared to wait. Of course it is good to have extra money to be able to buy again. But for example if you bought in 2017 at 15k or 18k and didn't sell for 4 years, you could sell in 2021 with a good profit. And if you don't have patience, you can lose money even if you bought bitcoin partly.

The profit will obviously depend on how long you can wait but it also depends on what price you've bought at, if you buy at $23k at once, and then the price touches $19k before it goes back to $29k, now when you book profit at $29k, you will surely have some profit but you could have more profit if you had done DCA and also bought some at $19k since that would've provided you with a better buying average overall.

Buying at once is good but only if you can correctly predict the bottom and the price starts going up right from the point where you've bought, that is when buying all at once works the best but since it is not possible to perfectly time the market, it is better to do DCA.

[lepbagong]

Early 2015 my first experience buying bitcoin was at coinbase, at that time they only accepted purchases via credit card and i bought 2 btc which i planned for cloud mining and gambling, at that time the price of 1 btc was around $235, of course if i hold on until now i can get a lot of profit.

many were at the same time as you, friend, many did not predict that the price of bitcoin would increase sharply in just a few halving periods. but when the last ATH in 2017 many started to understand and started investing in bitcoin, maybe now more people know more and it's not surprising that everyone is competing to keep buying and saving.

[ancafe]

Bitcoin next halving will happen in the 1st quarter of the year 2024, which means by this time next year. People that have witnessed halving and its bull run. Please, I want to know if;

• Bull run happens few months or weeks to halving
• Or it happens few weeks or months after halving
• Or it happens simultaneously in the week or month of halving

Usually six months before reaching the halving bitcoin will rise slowly and this sign can also appear and be accompanied by a small correction on its way as is happening now, almost no one can guarantee about certainty but people calculate the whole cycle and predict randomly based on previous pattern.

It could be that you have to wait in the last two months of this year how the reaction will occur. But for me it doesn't really matter because if we hold on to cycles then the potential for bitcoin to reach a halving is getting closer and we have to act for all possibilities for its utilization.

I want to know when exactly to buy bitcoin since I don't want to use the DCA system in this purchase. Will market see anything below $20k again?

If you want to make big profits according to the next ATH this is the right time and even though bitcoin will no longer correct to $20k and below. Halvings are also likely to occur at much larger numbers and even though there is no guarantee, if you pay attention, each halving will definitely give birth to a new price from the previous ATH.

The current purchase calculation will also generate big profits for you. I doubt bitcoin will return to the price of $ 20k and even if it does it is possible in the next two months, but there seems very little chance of a correction to $20k below that.

[Ayers]

I want to know when exactly to buy bitcoin since I don't want to use the DCA system in this purchase. Will market see anything below $20k again?

If you want to make big profits according to the next ATH this is the right time and even though bitcoin will no longer correct to $20k and below. Halvings are also likely to occur at much larger numbers and even though there is no guarantee, if you pay attention, each halving will definitely give birth to a new price from the previous ATH.

The current purchase calculation will also generate big profits for you. I doubt bitcoin will return to the price of $ 20k and even if it does it is possible in the next two months, but there seems very little chance of a correction to $20k below that.

The chances of bitcoin correcting towards $20k are slim, but that doesn't mean it won't happen. If you believe in history and think it will repeat itself, you will find that it is quite possible. In 2019, after bitcoin recovered, it also had a major correction down $5k, and if history repeats itself, it is clear that we still have a chance to buy cheaply in the coming months.
But there is no guarantee everything will repeat itself, and I agree with you that now is also a good time to buy in. It is not necessary to buy one time, but we can divide the capital to buy.

[Xcode7]

many were at the same time as you, friend, many did not predict that the price of bitcoin would increase sharply in just a few halving periods. but when the last ATH in 2017 many started to understand and started investing in bitcoin, maybe now more people know more and it's not surprising that everyone is competing to keep buying and saving.

during ATH 2017 many people were new to Bitcoin and corrections occurred slowly until finally in 2021 surprisingly Bitcoin returned to ATH.
now many people believe and will not panic anymore when there is a slight correction because if you look at history from the past, the price of Bitcoin sooner or later is always able to recover.

If you want to make big profits according to the next ATH this is the right time and even though bitcoin will no longer correct to $20k and below. Halvings are also likely to occur at much larger numbers and even though there is no guarantee, if you pay attention, each halving will definitely give birth to a new price from the previous ATH.

The current purchase calculation will also generate big profits for you. I doubt bitcoin will return to the price of $ 20k and even if it does it is possible in the next two months, but there seems very little chance of a correction to $20k below that.

if you look at what happened a long time ago then of course now is the right time.
but apart from that I only saw Bitcoin price movements throughout 2023 and I thought and predicted that there would be no more low prices, I said so after seeing that no significant movements had occurred and the corrections that occurred after the increase was not so long and deep so I'm thinking if it isn't or isn't a spike hitting a high that means it's a good time to buy.

I agree with you that this year the possibility of bitcoin to be corrected to $ 20k is very slim, look at the correction that is happening right now, there has been a decline in the price for several weeks but it is not that deep.

[imamusma]

The chances of bitcoin correcting towards $20k are slim, but that doesn't mean it won't happen.

I completely agree because there is no consensus that can really confirm market moves to date.
Everyone has different ideas and opinions about how they interpret current price movements. I'm not too sure about the $20k possibility, while some may believe it's coming.

If you believe in history and think it will repeat itself, you will find that it is quite possible. In 2019, after bitcoin recovered, it also had a major correction down $5k, and if history repeats itself, it is clear that we still have a chance to buy cheaply in the coming months.
But there is no guarantee everything will repeat itself, and I agree with you that now is also a good time to buy in. It is not necessary to buy one time, but we can divide the capital to buy.

It is likely that lower prices will exist if the market is subject to an external impact due to the economy or interest rate adjustments. But anyway, I think bitcoin investor interest may be much higher to build their investment portfolio and that will push the price higher ahead of the 2024 halving.

I don't ignored buy opportunities when I have the budget to do so, but I think I'll implement DCA instead of going all-in in one fell swoop. This allows me to get better low averages instead of all-ins.

[jaberwock]

Early 2015 my first experience buying bitcoin was at coinbase, at that time they only accepted purchases via credit card and i bought 2 btc which i planned for cloud mining and gambling, at that time the price of 1 btc was around $235, of course if i hold on until now i can get a lot of profit.

Yes this example will again be shown to other peoples when Bitcoins will be revolving at 75k usd. At that time people will quote example of this time. Many of us will say that, there was a time when BTC costed 30k usd and we bought plenty. So yes it only proves that we have always underestimated the price of Bitcoins. And it also proves that Bitcoins have lot of potential and it’s very rare. So Op don’t look for better prices, and buy Bitcoins whenever you can.

It will happen again but there is a big difference already in terms of price. The price before is very cheap compared to now and I don't think those times will ever repeat. If let say bitcoin able to fall that low, I don't think people will feel happy about it but they will feel skeptical and nervous because it is an unusual dip anymore.

Maybe the dip will just continue till the price goes to zero. For now we should erase that thoughts as we are likely going to move forward not backwards. Let's not make the same mistakes and regret again for those who haven't bought bitcoin before when they have the chance so that we can create a good story and memory later on.

[ancafe]

The chances of bitcoin correcting towards $20k are slim, but that doesn't mean it won't happen. If you believe in history and think it will repeat itself, you will find that it is quite possible. In 2019, after bitcoin recovered, it also had a major correction down $5k, and if history repeats itself, it is clear that we still have a chance to buy cheaply in the coming months.
But there is no guarantee everything will repeat itself, and I agree with you that now is also a good time to buy in. It is not necessary to buy one time, but we can divide the capital to buy.

Such is the fluctuating nature of bitcoin prices and no one can predict it for sure, but if you look at the movements at the beginning of the year until now, I'm not so sure that in the future bitcoin will be corrected again to $ 20k and come back as you said nothing is impossible when the market corrected again. Interest rates and the economic impact may be one of the reasons for the correction, but I hope it doesn't go beyond $20k if it does.

Regardless of how the market reacts in the near future and for me it doesn't matter when we as long term holders, let alone almost close to half, so the most appropriate step is to take the approach of collecting bitcoin according to capital and the purchase timeframe can be adjusted to each individual by dividing stages to buy as you say.

[Kelvinid]

Early 2015 my first experience buying bitcoin was at coinbase, at that time they only accepted purchases via credit card and i bought 2 btc which i planned for cloud mining and gambling, at that time the price of 1 btc was around $235, of course if i hold on until now i can get a lot of profit.

many were at the same time as you, friend, many did not predict that the price of bitcoin would increase sharply in just a few halving periods. but when the last ATH in 2017 many started to understand and started investing in bitcoin, maybe now more people know more and it's not surprising that everyone is competing to keep buying and saving.

In fact, it has started to grow last 2021 bull season and definitely, we gonna expect to double its number this coming bull season. The continuous growth of Bitcoin in every 4-year cycle brings attention to the community and brings more excitement. And to this time, we are expecting another ATH record. But we have also analyzed and set for a target price when to buy and when to sell. So, while it was not yet arrived, better not to waste our time then but to buy some and hold. We don't need to wait for the price of Bitcoin reach to $50k otherwise, I would say it was late already.

[Ayers]

The chances of bitcoin correcting towards $20k are slim, but that doesn't mean it won't happen. If you believe in history and think it will repeat itself, you will find that it is quite possible. In 2019, after bitcoin recovered, it also had a major correction down $5k, and if history repeats itself, it is clear that we still have a chance to buy cheaply in the coming months.
But there is no guarantee everything will repeat itself, and I agree with you that now is also a good time to buy in. It is not necessary to buy one time, but we can divide the capital to buy.

Such is the fluctuating nature of bitcoin prices and no one can predict it for sure, but if you look at the movements at the beginning of the year until now, I'm not so sure that in the future bitcoin will be corrected again to $ 20k and come back as you said nothing is impossible when the market corrected again. Interest rates and the economic impact may be one of the reasons for the correction, but I hope it doesn't go beyond $20k if it does.

Regardless of how the market reacts in the near future and for me it doesn't matter when we as long term holders, let alone almost close to half, so the most appropriate step is to take the approach of collecting bitcoin according to capital and the purchase timeframe can be adjusted to each individual by dividing stages to buy as you say.

Yes, short term volatility is nothing for long term holders like us. But as a long-term investor, why don't you expect bitcoin to drop below $20k? I have opposite thoughts and desires from you, I want bitcoin to correct below 20k again so we can accumulate more bitcoins with the same capital. That's actually a good thing, not quite as bad as many people fear, and it's also what the OP expected.
It's been almost 1 month since this thread was created, I'm curious if OP bought bitcoin or is still waiting for another time to buy.

[Bitcoin_people]

Bitcoin next halving will happen in the 1st quarter of the year 2024, which means by this time next year. People that have witnessed halving and its bull run. Please, I want to know if;

• Bull run happens few months or weeks to halving
• Or it happens few weeks or months after halving
• Or it happens simultaneously in the week or month of halving

I want to know when exactly to buy bitcoin since I don't want to use the DCA system in this purchase. Will market see anything below $20k again?

We know the Bitcoin market is booming at some times and dumping a lot at other times. There came a time when Bitcoin set a new record in its history which was a complete bull market. However, the market slowly descends from that position to a bear market. It is difficult to tell when the market will rise and when the price of Bitcoin will fall. It always depends on the buying or selling of the market, so it is not possible to say when the market will be dumping and when it will be pumping. Since you want to invest on the back, you must invest from a position when the market goes down. and the current position of the market is definitely not possible to get $20000 dollars but if you invest in the current market you will definitely get profit. And you have to keep in mind after investing when bitcoin market is ATH sell your invested Bitcoin but you can make good profit.

[ancafe]

Yes, short term volatility is nothing for long term holders like us. But as a long-term investor, why don't you expect bitcoin to drop below $20k?

Speaking of long term investors definitely expect the price to drop below $20k to capitalize on the buy and also many long term investors are expecting a big price hike for now. But the problem is we are trying to analyze the movement of the bitcoin market this month, so that by calculating some conditions and market reactions, I say bitcoin is difficult to reach a price of $ 20k this month. The problem is not whether or not the price of bitcoin goes down, but rather trying to discuss the price potential this month.

I have opposite thoughts and desires from you, I want bitcoin to correct below 20k again so we can accumulate more bitcoins with the same capital. That's actually a good thing, not quite as bad as many people fear, and it's also what the OP expected.
It's been almost 1 month since this thread was created, I'm curious if OP bought bitcoin or is still waiting for another time to buy.

It's normal that we think differently because basically all of us hope to collect more bitcoins to spend on the next ATH and I'll also be waiting for additional purchases if bitcoins reach $20K going forward. Looks like the OP hasn't answered some of the replies on the previous page and probably still hasn't made a purchase for now.

[bbigtart]

In fact, it has started to grow last 2021 bull season and definitely, we gonna expect to double its number this coming bull season. The continuous growth of Bitcoin in every 4-year cycle brings attention to the community and brings more excitement. And to this time, we are expecting another ATH record. But we have also analyzed and set for a target price when to buy and when to sell. So, while it was not yet arrived, better not to waste our time then but to buy some and hold. We don't need to wait for the price of Bitcoin reach to $50k otherwise, I would say it was late already.

As you mentioned absolutely right Bitcoin has experienced significant growth in recent years especially in 2021 and it is attracting the interest of many people. Yes, it is 90% following the last 4 year cycle trend which is not surprising as it is similar to the previous one. Don't wait for BTC to bottom again in this cycle. Anyone buying now shouldn't panic when they see these numbers and HODL over the next few years bitcoin will pass $50k.

I myself apply the DCA strategy, it's a wise decision in buying bitcoins. Because buying bitcoins with DCA a fixed amount on a regular basis, regardless of market price fluctuations. By doing so, I was able to average better prices over time.

[bestcoins1]

As you mentioned absolutely right Bitcoin has experienced significant growth in recent years especially in 2021 and it is attracting the interest of many people. Yes, it is 90% following the last 4 year cycle trend which is not surprising as it is similar to the previous one. Don't wait for BTC to bottom again in this cycle. Anyone buying now shouldn't panic when they see these numbers and HODL over the next few years bitcoin will pass $50k.

If the desired price is $50K, I don't think it's necessary to implement HODL for the next few years. Because according to predictions from some people after seeing the rate of price recovery that occurred from the beginning of this year to this month, it looks like Bitcoin could reach $ 50K after this year or at the end of this year so holders who are waiting for that price will obviously not be too long wait although at the moment the price is still under $30K.

I myself apply the DCA strategy, it's a wise decision in buying bitcoins. Because buying bitcoins with DCA a fixed amount on a regular basis, regardless of market price fluctuations. By doing so, I was able to average better prices over time.

The strategy that you apply is actually very correct, because you yourself will never feel pressured when buying in that way. So you will also be more satisfied when you get profits when the price starts to increase, but you also don't feel panic when the price increase doesn't happen in the near future. Because true Bitcoin holders are always dedicated to holding it in the long term, not for the short term.

[beerlover]

The chances of bitcoin correcting towards $20k are slim, but that doesn't mean it won't happen. If you believe in history and think it will repeat itself, you will find that it is quite possible. In 2019, after bitcoin recovered, it also had a major correction down $5k, and if history repeats itself, it is clear that we still have a chance to buy cheaply in the coming months.
But there is no guarantee everything will repeat itself, and I agree with you that now is also a good time to buy in. It is not necessary to buy one time, but we can divide the capital to buy.

I do not think it will happen, I do not see that chance as slim but literally non-existent. I feel like it is not going to be anything but a 25k+ price for a long time and then we are going to start going up eventually. People are looking at it the wrong way though, there is no single one time off for bitcoin, there never was and there never will be because if you do that, then even if you bought at 16k, you are not going to get wealthy.

You need to keep reinvesting into bitcoin more and more whenever you get some money so that those increases makes you rich. I personally do that, I try to achieve something that will make more sense and hopefully it will one day, but during that time I keep buying to have a bigger amount of bitcoin to be able to get richer easier in the future when bitcoin price goes up.

[Fesatmas]

Bitcoin next halving will happen in the 1st quarter of the year 2024, which means by this time next year. People that have witnessed halving and its bull run. Please, I want to know if;

• Bull run happens few months or weeks to halving
• Or it happens few weeks or months after halving
• Or it happens simultaneously in the week or month of halving

I want to know when exactly to buy bitcoin since I don't want to use the DCA system in this purchase. Will market see anything below $20k again?

In the case of determining Bullrun is tentative, and no one can predict it correctly, we can only speculate according to their experiences and thoughts so you really have to reconsider it when getting answers from others about this.
Can occur before Halving and after Halving, either a week or a semseter afterwards or before, it can happen at the Bullrun Bitcoin moment, this is very ambiguous and very confused to determine.
Maybe the right time to make a buying decision depends on whether you don't really need the money you will invest or not, or whether you will use the money for close needs? This will affect your investment, if you don't have a plan like that starting from today buying Bitcoin is also no problem.

I think the best strategy is to buy gradually, if we have monthly income or salary then leaving around $200 to buy bitcoin is a great thing, the future potential of bitcoin will continue to rise because of more and more adoption and development from many companies.

Yes, you should use a strategy like this to maintain panic or pressure when there is a decline, but it seems that OP does not like this strategy and he wants to do it in purchases once.