Bitcoin 2024 halving less than 1 year away

[dansus021]

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.

Yeah surely does even now after SEC is doing market is bleeding but it can maintain the price above 200 EMA and 25K is now become a support zone. If the SEC lose at the court I think we are gonna see price back 27K or 30K level again.

[Dave1]

^^ But I wouldn't put to much on this case though, and again, we didn't bleed, if the price goes < below $20k when the news about the SEC vs Binance then yeah, maybe you can call that bleeding. But if we can maintain $26k and the have a good support at $25k, then this is just another roadblock for us.

And as we have said, halving is just less than a year from now, and as much as we might see this negative news around. We could end up still at being very positive since the block halving is the catalyst for a eventual bull run.

[Smitty Werben Man Jensen]

^^ But I wouldn't put to much on this case though, and again, we didn't bleed, if the price goes < below $20k when the news about the SEC vs Binance then yeah, maybe you can call that bleeding. But if we can maintain $26k and the have a good support at $25k, then this is just another roadblock for us.

And as we have said, halving is just less than a year from now, and as much as we might see this negative news around. We could end up still at being very positive since the block halving is the catalyst for a eventual bull run.

In my opinion, the current Bitcoin price movement is still in the consolidation stage,
it can be seen that the bitcoin price zone is only $ 25k to $ 27k and there is no deep dump in bitcoin,
so there could be big movements in the next few days whether it's a pump or a dump.

[yohananaomi]

In my opinion, the current Bitcoin price movement is still in the consolidation stage,
it can be seen that the bitcoin price zone is only $ 25k to $ 27k and there is no deep dump in bitcoin,
so there could be big movements in the next few days whether it's a pump or a dump.

You may be right, but if we look at the past year, of course we can conclude that there has been an increase from bitcoin, even though it is not significant. if you look at the annual trend, I actually predict that bitcoin will be corrected again and then will move slowly to increase until the halving era next year, maybe the end of the year price will be between $ 35K - $ 50K only.

[STT]

Theres always a higher and low price to market moves, I do think we're nearer to the top of the prices at the moment which means any bad news could mean we top out or fall back down to less pleasing prices.   The lower price range could be as low as 25k area and still maintain the general positive action since year start.  Most positive of all is to stay above 30k area which would make us much more bullish and maybe a break out upwards.   But I'd expect us to stay nearer to the 50 day average or close by, the 200 day is around 25k thats why it has to be expected as perfectly normal and within expectations to visit that price still.
 The news for reasons why these things happen, I almost dont  care & politics is just alot of hot air costly but not useful beyond those being paid in its costs.  It will always be the case BTC has to continue despite the objections of those who dont see a benefit or anticipate opposition to their fiefdom.

[Fatunad]

Big companies and institutions now are really making a move for this upcoming Bitcoin halving, just like this one;

Riot Platforms to add 33,000 Bitcoin miners ahead of 2024 halving
https://cointelegraph.com/news/riot-platforms-add-bitcoin-miners-ahead-of-2024-halving

These companies does know on whats upcoming and we arent that blind on that potential jump up.This is why its not really that shocking that they would
really be making out such step for them to take advantage. We are heading there and it is really just that a huge opportunity for those people who does have the money
for them to make out such act which they do know they can really benefit later on. We dont know on what would actually happen on next year
but at least we are fully aware on where it would be heading.

[Slow death]

as history for many years has shown us that the price of bitcoin has risen a lot after each halving, people have even put it in their heads that they only need to wait for a big price drop that happens before the halving to buy and then they will do hodl even months after the halving when the price starts to go up a lot they wait for the price to overcome their old ATH to sell, the problem with that is that even if history has shown us that the price of bitcoin will go up a lot after the halving we shouldn't put this as something that will always happen

I say this because in the world economic situation which is not good at all, proceeding with caution in any investment is something that people need to do, but I doubt that many people think that way, it is enough for a few rich people to buy a lot at certain price levels that then people will also buy a lot because they are 100% convinced that the price will go up a lot after the halving, for many people this is already a bet that they don't care about the risk they are going to take, the most important thing is that they get profits above of 2x. anyway I will also buy and do hodl until the end of the year, I am also looking at the profit of 2x or more

[AmoreJaz]

as history for many years has shown us that the price of bitcoin has risen a lot after each halving, people have even put it in their heads that they only need to wait for a big price drop that happens before the halving to buy and then they will do hodl even months after the halving when the price starts to go up a lot they wait for the price to overcome their old ATH to sell, the problem with that is that even if history has shown us that the price of bitcoin will go up a lot after the halving we shouldn't put this as something that will always happen

I say this because in the world economic situation which is not good at all, proceeding with caution in any investment is something that people need to do, but I doubt that many people think that way, it is enough for a few rich people to buy a lot at certain price levels that then people will also buy a lot because they are 100% convinced that the price will go up a lot after the halving, for many people this is already a bet that they don't care about the risk they are going to take, the most important thing is that they get profits above of 2x. anyway I will also buy and do hodl until the end of the year, I am also looking at the profit of 2x or more

how we approach on this market depends on our financial capability. some can buy today, and hodl for years without worry. however, most of us wanted a shorter time of waiting but with great profits.
but let's admit that when halving is near, there's too much discussions, speculations that we can read and it will make you invest because of the sentiments surrounding this market. need to contemplate on these things as we are the only one who can truly understand our financial capabilities.

[Dave1]

Big companies and institutions now are really making a move for this upcoming Bitcoin halving, just like this one;

Riot Platforms to add 33,000 Bitcoin miners ahead of 2024 halving
https://cointelegraph.com/news/riot-platforms-add-bitcoin-miners-ahead-of-2024-halving

These companies does know on whats upcoming and we arent that blind on that potential jump up.This is why its not really that shocking that they would
really be making out such step for them to take advantage. We are heading there and it is really just that a huge opportunity for those people who does have the money
for them to make out such act which they do know they can really benefit later on. We dont know on what would actually happen on next year
but at least we are fully aware on where it would be heading.

Yeah, even Microstrategy as well recently bought a lot of bitcoin again,

https://www.microstrategy.com/content/dam/website-assets/collateral/financial-documents/financial-document-archive/form-8-k_6-28-2023.pdf

So there is a big race for now, specially for retail investors like us, we should really fill our bags in preparation of the big bull run that we all have been anticipating. It's so huge that this is the first time that we might see 6 digits as all time high.

So just continue to accumulate as much as we can in this cycle and be ready for next year's bitcoin halving.

[STT]

Its a long time before that happens, the whole price range from here to ATH has to be cleared and revised before any grander dream of higher prices.   Expecting too much at once isnt going to happen without a big turn in sentiment from here.  Today the price sells off and we do recover but that small picture I think is how we repeat on a larger scale.  We reach a bigger round number with more zeros like the 30000 mark or 40k and it'll be tested with sellers, we pull back and have to confirm some of the lower prices for a month or more.
  The answer to the poll could be further out then many expect, the main change with halvening is accumulative; the rest is speculative not actual.

[$crypto$]

Yeah, even Microstrategy as well recently bought a lot of bitcoin again,

https://www.microstrategy.com/content/dam/website-assets/collateral/financial-documents/financial-document-archive/form-8-k_6-28-2023.pdf

So there is a big race for now, specially for retail investors like us, we should really fill our bags in preparation of the big bull run that we all have been anticipating. It's so huge that this is the first time that we might see 6 digits as all time high.

So just continue to accumulate as much as we can in this cycle and be ready for next year's bitcoin halving.

Microstrategy has always bought bitcoins in large quantities and with the purchase now by Microstrategy it makes us aware that we should continue to do the same thing to continue collecting bitcoins by DCA or what we can do, don't ever be left behind after we have bitcoins then we can waiting for the right year where the price will be bullish, I know with the halving getting closer the price will increase a little more than now.

I believe that several other large companies are buying bitcoin but they are doing it secretly, remember that halving moments will continue to be history that many investors have been waiting for.

[Franctoshi]

Approaching to next Bitcoin's halving reminds me of the great opportunity that we have at hand now to buy Bitcoin and hold before the coming event when I remembered the crazy performance of BTC after that halving regardless of the coronavirus pandemic that hit the world at the time of halving.

Bitcoin did almost 3x from its previous ATH after halving, if such a scenario should repeat, we will look at Bitcoin hitting the price of $200k during the next bull market.

[Jating]

Approaching to next Bitcoin's halving reminds me of the great opportunity that we have at hand now to buy Bitcoin and hold before the coming event when I remembered the crazy performance of BTC after that halving regardless of the coronavirus pandemic that hit the world at the time of halving.

Bitcoin did almost 3x from its previous ATH after halving, if such a scenario should repeat, we will look at Bitcoin hitting the price of $200k during the next bull market.

Yes, to look into the future, we should be looking at today. Which mean if we see the price going at least $100k ore more as the next all time high, then we should be investing right now before the price goes up.

Still plenty of time for us though, less than a year, we have a lot of weeks to accumulate bitcoin and set it up in our wallet and then HODL on it. Yeah, I know it's going to be mentally exhausting to do that, but the reward in the end. The potential profit that we are going to have will be worth when we just learn how to have patience and just continue buying as little or as big as we can before the scheduled halving next year.

[Captain Corporate]

Getting closer really makes me feel amazing about the near future. Normally I do not talk about the near future, I talk about how the future may look a bit differently and the long term is great but short term is unknown and so forth. Basically I try to avoid saying that near future would be good, I always say its going to be a gamble and we can't say it will be good, only good things I say is about the long term future and not the near term. However, when we are this close to halving, I have a better feeling about the short term as well, of course my "short term" is within 1 year, which means about summer of next year, or earlier than that, and I feel like we are going to do as well as hoped for.

[Asuspawer09]

I mean if you're going to actually look at the Bitcoin halving timeline you could already notice the market Bullrun started after the Bitcoin halving so if the Bitcoin halving is 2024 we could probably expect that the Bullrun is going to happen in that year or probably next year at the 2025 year or probably on November/December that time. last 2012 the price still increase after one year of the halving so we could easily expect this since it happened every single time there was a Bitcoin halving event. Last 2017 there was some delay and it takes more than a year for the market price to skyrocket, but I guess the important thing here is to position yourself already on the halving. The price projection of Bitcoin every time the market price skyrocket is a serious profit we could notice last 2012 from 2$ skyrocket to 1000$, and then around 200$ up to 2500$ last 2017, as well as 7k$ up to 56k$ which is really a huge leap on the market price of Bitcoin so we could easily expect a new all-time high this coming 2024 or 2025.

[posi]

I mean if you're going to actually look at the Bitcoin halving timeline you could already notice the market Bullrun started after the Bitcoin halving so if the Bitcoin halving is 2024 we could probably expect that the Bullrun is going to happen in that year or probably next year at the 2025 year or probably on November/December that time. last 2012 the price still increase after one year of the halving so we could easily expect this since it happened every single time there was a Bitcoin halving event. Last 2017 there was some delay and it takes more than a year for the market price to skyrocket, but I guess the important thing here is to position yourself already on the halving. The price projection of Bitcoin every time the market price skyrocket is a serious profit we could notice last 2012 from 2$ skyrocket to 1000$, and then around 200$ up to 2500$ last 2017, as well as 7k$ up to 56k$ which is really a huge leap on the market price of Bitcoin so we could easily expect a new all-time high this coming 2024 or 2025.

In the previous 3 halvings, the bull season always came after the halving (if I remember correctly, 1 year after the halving). So I also predict the bull season will come in 2025, not 2024. But that's really not so important, what matters is whether we are ready for it. I mean, how many bitcoins will we have until then? Because if the bull season comes, but we don't have too many bitcoins, it will also be meaningless. Instead of looking forward to the halving every day, it is better to focus on increasing our income to increase the amount of bitcoin in our pocket.

[lixer]

Getting closer really makes me feel amazing about the near future. Normally I do not talk about the near future, I talk about how the future may look a bit differently and the long term is great but short term is unknown and so forth. Basically I try to avoid saying that near future would be good, I always say its going to be a gamble and we can't say it will be good, only good things I say is about the long term future and not the near term. However, when we are this close to halving, I have a better feeling about the short term as well, of course my "short term" is within 1 year, which means about summer of next year, or earlier than that, and I feel like we are going to do as well as hoped for.

I think I can agree with that in terms of Bitcoin because we already have a basis if we check its price history and as a result we always have this mindset that the longer we get the better value can get for our Bitcoin investments.

Let's only hope that other things outside Bitcoin are going to do well at least mostly because down times are also normal and let's hope they won't be severe so that we can recover quickly. In between long and short term, I think short term is the one that is more predictable. It's also better if we don't expect too much about the future so don't we won't get disappointed just in case we didn't meet our expectations.

[GeorgeJohn]

We all know that bitcoin price doesn't stand constant in price, it always fluctuates the way I'm seeing bitcoin, so I believe that the price of Bitcoin can fall now and within 30minutes it rises, so it has been the nature of bitcoin increment right from time, so I believe that bitcoin doesn't escape increment neither decrement, it always be the nature of bitcoin

Not just the nature of bitcoin, fluctuations are characteristic of cryptocurrencies and this becomes an advantage and disadvantage depending on how to take advantage of it.

Right now the price is still correcting due to some FUD that has emerged, this is still quite normal because a few weeks ago Bitcoin was able to survive above the price of $ 30k and now it has dropped to the price of $ 26k.

Halving will occur soon in 2024 and this will be a trigger for Bitcoin to be able to reach the ATH Price again, that's what everyone hopes for.

May this year, according to the history of bitcoin prices, did experience corrections and some frequent sales.
We'll just wait until after May and June, it is expected that Bitcoin will return to bullishness

Bitcoin price doesn't be constant it fluctuates as you said but for price of bitcoin drop this point that means it looking for correction as I said, so therefore bitcoin another thing that triggers the acceleration of bitcoin as I portray to other comments is as result of increase in demand and decrease in supply, the marketcap determine the ratio or the rate bitcoin price can ascertain in any point in time.

[savetheFORUM]

Approaching to next Bitcoin's halving reminds me of the great opportunity that we have at hand now to buy Bitcoin and hold before the coming event when I remembered the crazy performance of BTC after that halving regardless of the coronavirus pandemic that hit the world at the time of halving.

Bitcoin did almost 3x from its previous ATH after halving, if such a scenario should repeat, we will look at Bitcoin hitting the price of $200k during the next bull market.

Well, though everyone is speculating about a pump after the halving and I know it generally happens because we have seen it happening in the past, still, I feel having unrealistic expectations isn't good because when it did 3x from its previous all-time high in the last having, its all-time high wasn't as high as $69k at that time, so we have a bigger target to reach for now, we first need to hit the previous all-time high and then it might go up from there.

So the biggest challenge before the halving is to reach $60k+ so that it can go up above that area after the halving, otherwise, half of the bull run will go in the price hitting the previous all-time high if we stay so much down before the halving if it goes up a bit before the halving then we will have more chances of hitting a much bigger all-time high this time.

[Bitcoin_people]

As we know Bitcoin is basically halving every 4 years. Currently 2023 various researchers have researched that by April 2024 Bitcoin block will be halved. And there are not many days left from the current time I saw from the bitcoin halving clock that there are only 275 days until the bitcoin halving. Bitcoin blocks are currently at 800,000 mils, which is 275 days away from the 40,000 block mark when the Bitcoin halving occurs in April 2024. Although the market is currently in a bit of a bear market, it will definitely turn into a bull market after the halving. But before the halving, the market is likely to double from its current position. Although the Bitcoin market is currently close to $30,000, there is a possibility that the market will dump one more time before it halves.