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Question: When do you think the new bull market will start?  (Voting closed: April 28, 2024, 08:52:36 AM)
Less than 6 months after the halving - 15 (31.9%)
After the halving bull market starts - 11 (23.4%)
Less than 6 months before the halving - 8 (17%)
6-12 months before the havling - 4 (8.5%)
Bull market has already started - 8 (17%)
There will be no bull market - 1 (2.1%)
Total Voters: 47

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Author Topic: Bitcoin 2024 halving less than 1 year away  (Read 1147 times)
Falconer
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June 06, 2023, 08:06:37 PM
 #81

In my opinion, a new bull run market will start after the next halving event takes place. If you follow a four-year cycle, the next halving will take place in 2024. As we know, the last halving occurred in May 2020. Only then, in 2021, did Bitcoin set an all-time high above the $68k price level.
It looks like we have been in a bull market since January as the percentage gain since then is close to 100% from the 2022 low. Even though some of us consider it to be a recovery process, I think it's worth calling it a bull as the percentage returns are quite large. For larger percentages I think 6 months before halving is a reasonable time frame to consider, but let's just enjoy it instead of getting too focused on it.

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June 06, 2023, 09:13:34 PM
 #82

I expect the bullish market to start about 6 months before the halving. Of course, it will not be a big rise, but the important moves will start at the end of this year and the beginning of the new year mostly, compared to what happened in the previous halving.

I expect the next halving to be special this time, given the big changes that have occurred in the market, we will certainly see a new ATH that may be 100k. So everyone hopes.
I want to let you to understand that bullish market of cryptocurrency does not have a seasonal point, but I want you to know that bitcoin increases whenever it want to increase so therefore bitcoin increment have it time, not everytime bitcoin increases so I believe that can have in the market any time the Market turns red due to the gravity of demands and positive information of countries embracing bitcoin as well.

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Mpamaegbu
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June 06, 2023, 10:11:29 PM
 #83

When a halving occurs usually a lot of people panic buy so before the halving the price has skyrocketed, I'm sure the halving that occurs in less than a year will create a significant price explosion so that the price can reach 3x, if at the end of 2023 it can reach at least $ 50k then the price when halvings can be as high as $150k.
Panic buying and selling will continue to determine the pace of this industry. It's always better to have panic buying than to have panic selling, notwithstanding that the latter helps to redistribute wealth in form of price correction.

Sadly, the effect from FOMO which causes panic buying doesn't linger like the effect from FUD (which causes panic selling). Yes, I also put my prediction of what the next ATH will be and that's around what your price speculation for the next ATH is around too. Those who aren't buying now that price is relatively low will learn how to chase price by 2024.

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June 06, 2023, 10:59:33 PM
 #84

When a halving occurs usually a lot of people panic buy so before the halving the price has skyrocketed, I'm sure the halving that occurs in less than a year will create a significant price explosion so that the price can reach 3x, if at the end of 2023 it can reach at least $ 50k then the price when halvings can be as high as $150k.
Panic buying and selling will continue to determine the pace of this industry. It's always better to have panic buying than to have panic selling, notwithstanding that the latter helps to redistribute wealth in form of price correction.

Sadly, the effect from FOMO which causes panic buying doesn't linger like the effect from FUD (which causes panic selling). Yes, I also put my prediction of what the next ATH will be and that's around what your price speculation for the next ATH is around too. Those who aren't buying now that price is relatively low will learn how to chase price by 2024.
Panic buying or Fomo is something that still impose up some risks but this is something that could be considerable if we do deal up with Bitcoin or some top coins in the market but not into those shitcoins or meme coins in the market. Now we are approaching halving phase on 1 year time on which i do believe that bull run would kick in after few months of halving event. People or the entire community is been really that
keeping an eye for this 1 in every 4 year event which we know that bull run happens on these kind of moments or conditions. Now if you are really that making  yourself replacing on the bottom then the best
time would be now or into that time where the market had dipped down on $15k but well having this current price of $25k+ isnt really that still a bad position either.

Speaking of ATH, then numbers arent really something predictable as always. We could make out some price assumption but its not something that we could make out some guarantees that it would happen.
For now the best thing to be done is to place yourself while the market price isnt really that way too high.You could really somewhat assure that profits is much better than on putting yourself
on peaks.

R


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greek_hephaestus
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June 07, 2023, 04:18:34 PM
 #85

When a halving occurs usually a lot of people panic buy so before the halving the price has skyrocketed, I'm sure the halving that occurs in less than a year will create a significant price explosion so that the price can reach 3x, if at the end of 2023 it can reach at least $ 50k then the price when halvings can be as high as $150k.
Panic buying and selling will continue to determine the pace of this industry. It's always better to have panic buying than to have panic selling, notwithstanding that the latter helps to redistribute wealth in form of price correction.

Sadly, the effect from FOMO which causes panic buying doesn't linger like the effect from FUD (which causes panic selling). Yes, I also put my prediction of what the next ATH will be and that's around what your price speculation for the next ATH is around too. Those who aren't buying now that price is relatively low will learn how to chase price by 2024.
Panic buying or Fomo is something that still impose up some risks but this is something that could be considerable if we do deal up with Bitcoin or some top coins in the market but not into those shitcoins or meme coins in the market. Now we are approaching halving phase on 1 year time on which i do believe that bull run would kick in after few months of halving event. People or the entire community is been really that
keeping an eye for this 1 in every 4 year event which we know that bull run happens on these kind of moments or conditions. Now if you are really that making  yourself replacing on the bottom then the best
time would be now or into that time where the market had dipped down on $15k but well having this current price of $25k+ isnt really that still a bad position either.

Speaking of ATH, then numbers arent really something predictable as always. We could make out some price assumption but its not something that we could make out some guarantees that it would happen.
For now the best thing to be done is to place yourself while the market price isnt really that way too high.You could really somewhat assure that profits is much better than on putting yourself
on peaks.

Buying and selling with panic shows that speed of the business and It's always better to have panic buying than to have panic selling, notwithstanding that the latter helps to redistribute wealth in form of price correction. Now if you are really that making  yourself replacing on the bottom then the best .




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June 07, 2023, 04:35:02 PM
 #86

I expect the bullish market to start about 6 months before the halving. Of course, it will not be a big rise, but the important moves will start at the end of this year and the beginning of the new year mostly, compared to what happened in the previous halving.

I expect the next halving to be special this time, given the big changes that have occurred in the market, we will certainly see a new ATH that may be 100k. So everyone hopes.
I want to let you to understand that bullish market of cryptocurrency does not have a seasonal point, but I want you to know that bitcoin increases whenever it want to increase so therefore bitcoin increment have it time, not everytime bitcoin increases so I believe that can have in the market any time the Market turns red due to the gravity of demands and positive information of countries embracing bitcoin as well.
Usually a bull market would happen after a halving, once every four years. This cycle has happened throughout bitcoin's history. Sometimes a bull market would happen suddenly, such as in 2017 or 2019, but the four-year cycles have been about the same. No one knows what will happen in the future, but if we look at past history, we can expect the next bull market to be in 2025, some time after the halving.

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June 08, 2023, 09:05:41 PM
 #87

In my opinion, a new bull run market will start after the next halving event takes place. If you follow a four-year cycle, the next halving will take place in 2024. As we know, the last halving occurred in May 2020. Only then, in 2021, did Bitcoin set an all-time high above the $68k price level.
It seems that what you are saying is a repetition that continues to be done by bitcoin and it has been repeated all this time and can be sure to occur in the next halving era. the halving will occur in 2024, but the formation of ATH will occur a year later and it will definitely be 2025.
because it is approaching the halving period, now is a good opportunity to continue to buy and hold on to what is already there, so that when the time comes we can get a better one.
don't delay because you want to hope to get a cheap price waiting for a correction that might be missed.

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June 08, 2023, 10:39:00 PM
 #88

I expect the bullish market to start about 6 months before the halving. Of course, it will not be a big rise, but the important moves will start at the end of this year and the beginning of the new year mostly, compared to what happened in the previous halving.

I expect the next halving to be special this time, given the big changes that have occurred in the market, we will certainly see a new ATH that may be 100k. So everyone hopes.
I want to let you to understand that bullish market of cryptocurrency does not have a seasonal point, but I want you to know that bitcoin increases whenever it want to increase so therefore bitcoin increment have it time, not everytime bitcoin increases so I believe that can have in the market any time the Market turns red due to the gravity of demands and positive information of countries embracing bitcoin as well.
Usually a bull market would happen after a halving, once every four years. This cycle has happened throughout bitcoin's history. Sometimes a bull market would happen suddenly, such as in 2017 or 2019, but the four-year cycles have been about the same. No one knows what will happen in the future, but if we look at past history, we can expect the next bull market to be in 2025, some time after the halving.
Basing up on history then it is really that evident or obvious that bull run do usually happen after the halving event on which the price would be shooting up into those non anticipated levels or something that we
didnt really expect and this is where people really been longing for on which they are really that into this kind of probability. We do really have indeed that 4 year cycle on which it would really be just normal that people would be having that kind of approach when it comes on accumulating while the prices are still cheap. It cant really just be that avoided that hesitance would be there on buying up coins which we do see that the market is really that getting down further. You would really be having those second thoughts that the price might go down even more on which this one creates panic.
Now is the right time on placing ourselves at the bottom or the best one is on that $15k price on which it is the sweetest spot and even into some altcoins where its price isnt really that way too high.

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June 08, 2023, 10:59:51 PM
 #89

In my opinion, a new bull run market will start after the next halving event takes place. If you follow a four-year cycle, the next halving will take place in 2024. As we know, the last halving occurred in May 2020. Only then, in 2021, did Bitcoin set an all-time high above the $68k price level.
It seems that what you are saying is a repetition that continues to be done by bitcoin and it has been repeated all this time and can be sure to occur in the next halving era. the halving will occur in 2024, but the formation of ATH will occur a year later and it will definitely be 2025.
because it is approaching the halving period, now is a good opportunity to continue to buy and hold on to what is already there, so that when the time comes we can get a better one.
don't delay because you want to hope to get a cheap price waiting for a correction that might be missed.
If the Bitcoin market will replicate the previous market momentum we see in the previous block halving effect market then the Bullrun will start the latest 6 months before the halving date and the new ATH price will be achieved right before the block halving is executed not after. Although the latest ATH price are always achieved months after the halving.

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June 09, 2023, 06:01:59 AM
 #90

Halving is what we are waiting for because it can make a price increase, Halving has occurred several times and the result is a significant skyrocketing price, Halving in 2024 will occur in March and in my opinion it can be pump, and I'm sure in 2024 it will be able to touch $ 100k.


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Silberman
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June 09, 2023, 07:23:26 PM
 #91

In my opinion, a new bull run market will start after the next halving event takes place. If you follow a four-year cycle, the next halving will take place in 2024. As we know, the last halving occurred in May 2020. Only then, in 2021, did Bitcoin set an all-time high above the $68k price level.
It seems that what you are saying is a repetition that continues to be done by bitcoin and it has been repeated all this time and can be sure to occur in the next halving era. the halving will occur in 2024, but the formation of ATH will occur a year later and it will definitely be 2025.
because it is approaching the halving period, now is a good opportunity to continue to buy and hold on to what is already there, so that when the time comes we can get a better one.
don't delay because you want to hope to get a cheap price waiting for a correction that might be missed.
It is important that people do not delay their entry to this market any further, it is true the price has been going down during the last days but we also know that bitcoin can reverse this situation out of nowhere, and if people keep waiting for the price to crash they may keep waiting forever, so at some point a decision needs to be taken, and even if the current entry point could not be optimal it is good enough already, as the profits someone can get by investing in bitcoin now will be very high.
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June 09, 2023, 08:37:22 PM
 #92

Halving is what we are waiting for because it can make a price increase, Halving has occurred several times and the result is a significant skyrocketing price, Halving in 2024 will occur in March and in my opinion it can be pump, and I'm sure in 2024 it will be able to touch $ 100k.
$100k is way too low when you know how much x it can reach when bitcoin hits a new ATH every halving. I can think of x3 for the next ATH, but it's very erratic and dicey. It all really depends on interest and demand, so if indeed x3 can happen for the next ATH then really every bitcoin holder will actually get a worth it return.

All this time the holders have been in a boat that has been hit by a storm. I mean the price volatility due to FUD and negative news makes them have to be patient to see the value of the investment in their portfolio go up and down. I really believe the bitcoin price will come back well after the halving, and ATH can definitely be expected after it.

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Unbunplease
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June 09, 2023, 08:44:17 PM
 #93

Halving is what we are waiting for because it can make a price increase, Halving has occurred several times and the result is a significant skyrocketing price, Halving in 2024 will occur in March and in my opinion it can be pump, and I'm sure in 2024 it will be able to touch $ 100k.

Everyone will expect 100K after halving, but the manipulators know that too. And bitcoin might stop at 95K. At that point almost everyone will take long positions for very large amounts - and then there could be a huge collapse. Yes, there is a 70% chance that bitcoin will pass the 100K mark, but there is a 30% chance that it won't.
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June 13, 2023, 03:10:06 PM
 #94

Halving is an event that we are really looking forward to, when a halving occurs, many people want to buy bitcoin because the hope is that the price will skyrocket because the mining process is getting more difficult, and if the mining process is getting more difficult, people will buy it in the market, which of course will be more expensive.
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June 13, 2023, 03:25:01 PM
 #95

Halving is what we are waiting for because it can make a price increase, Halving has occurred several times and the result is a significant skyrocketing price, Halving in 2024 will occur in March and in my opinion it can be pump, and I'm sure in 2024 it will be able to touch $ 100k.

Everyone will expect 100K after halving, but the manipulators know that too. And bitcoin might stop at 95K. At that point almost everyone will take long positions for very large amounts - and then there could be a huge collapse. Yes, there is a 70% chance that bitcoin will pass the 100K mark, but there is a 30% chance that it won't.

Personally I think it depends more how it get's there. For example if price moves from $30K (or lower) to $100K within a matter of months after the halving, then sure there will probably be a significant correction back towards previous ATH, or around -25%-30%. But if it takes much longer to reclaim the ATH, with enough consolidation (time), then moving above $100K to higher prices will be a lot easier imo.

Notably this poll more people now think the bull market will start 6 months prior to the halving, as opposed to afterwards. I'm therefore not convinced this will happen, same as in 2020.

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Wiwo
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June 13, 2023, 03:50:19 PM
 #96

I believe the bull run can happen at any time be it before the 2024 halving or after but speculatively few months after the halving will be the most speculated time since the block size will be reduced to half of what it is presently and this is the best time to accumulate more bitcoin before the halving having less than a year to prepare for the Bitcoin halving and possible bull market,  I don't know what time precisely this bull run will happen to bug the best possible plans is to hold more bitcoin and buy more at any discounted price and keep more bitcoin and even if the price drop deep below we shouldn't panic sell but rather stash up all the way up.
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June 13, 2023, 04:06:10 PM
 #97


Looking at the chart I can presume that the bull market may start at Nov-Dec this year but the price may just start from $20,000 and will suddenly rise up to $25.000. Less than 6 months before the halving and it's not in the option to vote.

This is just my speculation based on the current dip in the market. Just prepare for more dip because there will be a lot of commotion in the coming days which may cause the price to dive.   Holding usdt for now and waiting for the price to dip is my plan.

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June 13, 2023, 06:20:31 PM
 #98


Everyone is waiting for the 2024 halving because the halving changes the market cycle,
and yes hopefully it will be like 2020 - 2021 where the bull market is back,
and 2024-2025 is the schedule, but we also have to make a strategy for the bad things,
because we know this is the cryptocurrency world where anything good or bad can happen.

Silberman
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June 13, 2023, 07:08:41 PM
 #99


Looking at the chart I can presume that the bull market may start at Nov-Dec this year but the price may just start from $20,000 and will suddenly rise up to $25.000. Less than 6 months before the halving and it's not in the option to vote.

This is just my speculation based on the current dip in the market. Just prepare for more dip because there will be a lot of commotion in the coming days which may cause the price to dive.   Holding usdt for now and waiting for the price to dip is my plan.
This is what a great deal of people do not get, the bull market does not start with a bang but with a murmur, if we see the previous bull runs caused by the halving we will see that the early stages the movements of bitcoin were not very impressive, in fact it is almost impossible to identify there is some sort of bull run going on, however what makes it different is that as months go by there is not a significant correction, and eventually it become obvious that we are experimenting the bull run we were looking for.
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June 13, 2023, 11:52:41 PM
 #100

Bigger picture if we can stay above 25070 then we are above the 38% retracement from the low of last year to the recent peak, that would remain bullish in that larger year or more view.   Despite quite dismal recent action, the shorter the time frame the less it matters in full weighting in consideration of our trajectory in BTC.  The halving is a roughly 4 year cycle so any question over this is long term and must be focused on weekly or higher bars I think regardless of the negatives for this particular quarter I think I will remain relatively positive if we can maintain the prior recovery from 2022 sell off.


I presume some overshoot to the prices seen this Feb 2023, that'd be a proper shake out of speculators who got too excited over 31k.

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