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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)
flyingcarpet
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July 30, 2023, 10:45:42 AM
 #121

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.



Doubling before halving means Bitcoin exceeding 100k. This price is the dream of many people for years. It would be perfect if it happens. But I don't want to be too optimistic. I think this price will go up after the halving. At the same time, this request is because I want Bitcoin to rise gradually with more solid steps. If Bitcoin rises slowly but steadily, as I think, it would have laid a better foundation. Otherwise, the return of a sudden rise will be sudden.
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November 22, 2023, 10:23:54 AM
 #122

Even if the next Bitcoin halving occurs in 2024, and there is a history of bull market trends following the previous halving, there is no guarantee that the same will occur during the next halving. Stay on top of market movements, fundamental analysis and the latest news for a better understanding of Bitcoin market trends. Apart from that, other factors can also affect the Bitcoin market such as the global financial crisis or other market turmoil. This can trigger high volatility and affect Bitcoin price trends.

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November 22, 2023, 10:31:39 AM
 #123

Even if the next Bitcoin halving occurs in 2024, and there is a history of bull market trends following the previous halving, there is no guarantee that the same will occur during the next halving. Stay on top of market movements, fundamental analysis and the latest news for a better understanding of Bitcoin market trends. Apart from that, other factors can also affect the Bitcoin market such as the global financial crisis or other market turmoil. This can trigger high volatility and affect Bitcoin price trends.

A little bit reminder on trying out to necropost some old threads or havent been inactive for almost 4 months. You should really be that careful on bumping it up.
We do have several active threads which do talks about Bitcoin halving specially on Bitcoin discussion board on which i would say that it would be that ideal or something worth
on trying to visit those threads.


Going back into the topic in regarding about bull run event then it would happen after on that halving event. The main question on this is on when? We might be able to count those previous
months in previous BR's but there's no assurance that we would really be able to experience the same thing into this next cycle.
This is why it would really be that wise on taking up some position while BR isnt happening. For me i do wait for that last dip or crash before i would be
positioning myself. There comes a time for this one.

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November 22, 2023, 10:47:49 AM
 #124

Even if the next Bitcoin halving occurs in 2024, and there is a history of bull market trends following the previous halving, there is no guarantee that the same will occur during the next halving. Stay on top of market movements, fundamental analysis and the latest news for a better understanding of Bitcoin market trends. Apart from that, other factors can also affect the Bitcoin market such as the global financial crisis or other market turmoil. This can trigger high volatility and affect Bitcoin price trends.

Lol, you just contradict yourself, you says that previous history tells us that after the block halving this is a bull run. And then in one sentence you says that there is no guarantee. Just stay though with history, it will not hurt you if you believed that the pattern will continue.

There's even the global pandemic in 2020, before the bitcoin block halving and yet it didn't stop what the market is supposed to do, be in a bull run after the halving. So I will just advise you to just stay with history, continue to accumulate an not be negative or overthink what will happen in 2024-2025.

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November 22, 2023, 11:36:38 AM
 #125

My choice seems to be not in the voting so I did not cast mine because I believe that
 Bullrun will happen more than 6 months after the halving or maybe after a year from halving, so this is different from all the above .
Even if the next Bitcoin halving occurs in 2024, and there is a history of bull market trends following the previous halving, there is no guarantee that the same will occur during the next halving. Stay on top of market movements, fundamental analysis and the latest news for a better understanding of Bitcoin market trends. Apart from that, other factors can also affect the Bitcoin market such as the global financial crisis or other market turmoil. This can trigger high volatility and affect Bitcoin price trends.

worry about nothing when Halving takes place because from all those years that we
encountered such? bitcoin remains increasing after the halving so yes turmoil or other financial crisis will not hurt the bitcoin market at all.

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November 22, 2023, 02:48:07 PM
 #126

Doubling before halving means Bitcoin exceeding 100k. This price is the dream of many people for years. It would be perfect if it happens. But I don't want to be too optimistic. I think this price will go up after the halving. At the same time, this request is because I want Bitcoin to rise gradually with more solid steps. If Bitcoin rises slowly but steadily, as I think, it would have laid a better foundation. Otherwise, the return of a sudden rise will be sudden.

If price goes up for minimum timing then it means that Bull market is not started yet but as price remains higher for longer time so it implies that Bull run is entered and now the price will go more higher and lots of people who missed previous halving will surely wait until next halving because knowledge is expanding more and more about bitcoin so everyone is familiar with what they have to do.

I think history will repeat itself once again but now the price will be more than previous halving because as we are going towards forward year then everything gets expensive same is the nature of bitcoin that it become more successful year after year. The bitcoin investment is the only way that force everyone to trust cryptocurrency otherwise there is no other coins better than bitcoin price goes higher every other coin will show similar pattern.



 

 

 

 

 

 


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November 23, 2023, 04:37:04 AM
 #127

I think halvings and market increases are very influential because halvings cause the total bitcoin obtained to decrease each period, but other news from outside also influences crypto market movements.
as you mentioned earlier, Covid made the market increase slightly delayed and then rose again.
If after the halving there is no bad news like Covid that happened 4 years ago, I think it will happen during the 2016 halving and it will happen sooner.

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November 23, 2023, 06:33:21 AM
 #128

Even if the next Bitcoin halving occurs in 2024, and there is a history of bull market trends following the previous halving, there is no guarantee that the same will occur during the next halving. Stay on top of market movements, fundamental analysis and the latest news for a better understanding of Bitcoin market trends. Apart from that, other factors can also affect the Bitcoin market such as the global financial crisis or other market turmoil. This can trigger high volatility and affect Bitcoin price trends.

The question now is, does the halving change the game so that it can make BTC rise high? Everything is an item of demand from investors and traders and it must be born to be improved, there should be no fud issues again so that many people sell BTC, both institutions and large traders. Yes. Indeed, this Ecosystem is not yet fully mature and we all respect all of this process, the main goal is to create awareness and adoption in society and provide a positive impact in the future.
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December 06, 2023, 11:04:38 PM
 #129

The question now is, does the halving change the game so that it can make BTC rise high? Everything is an item of demand from investors and traders and it must be born to be improved, there should be no fud issues again so that many people sell BTC, both institutions and large traders. Yes. Indeed, this Ecosystem is not yet fully mature and we all respect all of this process, the main goal is to create awareness and adoption in society and provide a positive impact in the future.
If you pay attention, every time the Bitcoin halving approaches, there will be an increase in the price of Bitcoin, but it is possible that people just want to take advantage of this opportunity because there will definitely be Hype and Fomo, which will cause market conditions to experience an increase in prices.
However, what you need to pay attention to is the risk of buying at a high price because no one knows when the Bitcoin price will fall again because the price movement is very vulnerable. When Bitcoin is given bad news, it will be easy for the price to drop.

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December 06, 2023, 11:48:53 PM
 #130

~
The question now is, does the halving change the game so that it can make BTC rise high? Everything is an item of demand from investors and traders and it must be born to be improved, there should be no fud issues again so that many people sell BTC, both institutions and large traders. Yes. Indeed, this Ecosystem is not yet fully mature and we all respect all of this process, the main goal is to create awareness and adoption in society and provide a positive impact in the future.
We have a decade of data in regards to how the market would perform during and after the halving and there is nothing that is changing that. People would jump in whenever they can and purchase the coin and wait for the big rally and cash out when they reach their desired profit, last time some of the institutional investors did some dumb things holding a little longer that burned them, so this time around when the bear catches, i am anticipating that the bleeding will be bigger.
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December 09, 2023, 02:10:20 AM
 #131

Yes we all are waiting for halving. The halving date is 24 april 2024.we have only 4 months away from halving. It's to much excited moment for the investor. Bull run already started and the price of bitcoin is increasing. There is no possibility to drop price of bitcoin. Day by day it is increasing in future the price of bitcoin will increase more. It's a dream of every holders to hold deeply until halving. Because every time we seen that the price is increasing very high after halving. Halving is near not much time left hold it strongly. Bitcoin lovers..
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December 10, 2023, 09:18:30 PM
 #132

Yes we all are waiting for halving. The halving date is 24 april 2024.we have only 4 months away from halving. It's to much excited moment for the investor. Bull run already started and the price of bitcoin is increasing. There is no possibility to drop price of bitcoin. Day by day it is increasing in future the price of bitcoin will increase more. It's a dream of every holders to hold deeply until halving. Because every time we seen that the price is increasing very high after halving. Halving is near not much time left hold it strongly. Bitcoin lovers..

We can call it excitement, or something that we are looking forward for. Especially for those who have experience bitcoin halving already, this is something that we know if. I mean this is the catalyst for a bull run. But the effect is that not felt immediately, it could be weeks or months before the price starting to pick up and make a rally. But maybe we can see some difference right now. The price is really on the full swing pre-halving.

This could be a good sign that the bull run will run big, bigger than what we have expected as others putting it around $100k to as high as $180k new all time high. But first, we should continue to stack sats no matter what. This should be our first goal before looking for that block halving and the eventual bull run. So that when it happens then we could be looking for a good profits in 2025.
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December 10, 2023, 10:09:47 PM
 #133

There is no possibility to drop price of bitcoin.
Don't be too sure.
There is still a chance to drop because bitcoin is highly volatile so, don't forget that even if we've seen the bullish trend that it's showing.
A correction, big or small is still possible so don't forget about that because you're still in the market of uncertainty even if in bull run, some corrections might occur.


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December 14, 2023, 06:44:32 PM
 #134

When everyone is looking at the prize the price can become maxed out and its an ironic moment of weakness because too many bought into that anticipation.  The way to judge price now is by its recovery of prior action.  For the moment we got back some of the price lost in the recent sell, its recovered to be just above the 8 day average also this is a fibonnaci level so today price right now is a good place for it to hold.  If we close midnight here and gain tomorrow, be bullish then if not further revision Id guess.
   43k is price roughly but you can see today we spent the day backing away from a ceiling about 43.2k  Thats the line in the sand & which way the tide moves relative to it.

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December 14, 2023, 07:05:42 PM
 #135

There is no possibility to drop price of bitcoin.
Don't be too sure.
There is still a chance to drop because bitcoin is highly volatile so, don't forget that even if we've seen the bullish trend that it's showing.
A correction, big or small is still possible so don't forget about that because you're still in the market of uncertainty even if in bull run, some corrections might occur.

the price correction will probably just be right above $41k. today it dropped that low above 40k so if this retrace down again, it will still be in this range around 40k-43k. price could stay around these prices for a week or two before bursting up again. just my opinion. but this is the start of a bull run already which is quite earlier than the halving effect. no one can declare this is a bull run but it feels like it since altcoins are also pumping too.

unless something bad happens like the BTC ban proposed by the politicians, the price will plummet down to $40k.









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December 16, 2023, 07:56:54 AM
 #136

Doubling before halving means Bitcoin exceeding 100k. This price is the dream of many people for years. It would be perfect if it happens. But I don't want to be too optimistic. I think this price will go up after the halving. At the same time, this request is because I want Bitcoin to rise gradually with more solid steps. If Bitcoin rises slowly but steadily, as I think, it would have laid a better foundation. Otherwise, the return of a sudden rise will be sudden.

Me too I prefer Bitcoin to rise gradually. When Bitcoin price surges up within a short time it's usually because of something news or FOMO and it would have only a short-term effect.
100k before the halving is good but if it will have a negative impact then I'd prefer it rises slowly.

For Bitcoin to get to $100k before halving would mean Bitcoin price has to go up over 100% from its current price in about 3-4 months because it's at $42k+ right now and that won't happen I think.
I wasn't optimistic enough before. I didn't believe the new ATH will get to $100k but I am very optimistic now.

R


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December 16, 2023, 09:43:55 AM
 #137

There is no possibility to drop price of bitcoin.
Don't be too sure.
There is still a chance to drop because bitcoin is highly volatile so, don't forget that even if we've seen the bullish trend that it's showing.
A correction, big or small is still possible so don't forget about that because you're still in the market of uncertainty even if in bull run, some corrections might occur.

When everyone says that price cannot drop, it drops. The thinking of masses never get fulfilled. If everyone is thinking that bitcoin price cannot dump, it will dump. Similarly when everyone is expecting bitcoin to dump more ( in bear market), its usually never goes to that point and pump against all the speculations.
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December 17, 2023, 06:38:45 AM
 #138


Don't be too sure.
There is still a chance to drop because bitcoin is highly volatile so, don't forget that even if we've seen the bullish trend that it's showing.
A correction, big or small is still possible so don't forget about that because you're still in the market of uncertainty even if in bull run, some corrections might occur.

Yes bitcoin drop can be happen anytime as market is not stable so changes is possible during each and every moment. This ups and downs should be taken as healthy occurrence as they gives us benefits and whenever dumping take place then keep in mind that this dump is not forever and very soon condition will be totally changed. Arrange things for each type of condition as if sudden changes take place and we are not in preparation then we will be worried about our investment.

It does not matter if correction occurs, Bull season initiates or whatever happens in market still there will be unpredictable nature of market which can be in favor of you sometime and it get worse after some days. If someone is sure about market that now its stable and decrease will not occur anyway then he does not have any experience in crypto market.



 

 

 

 

 

 


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December 17, 2023, 02:55:14 PM
 #139

Me too I prefer Bitcoin to rise gradually. When Bitcoin price surges up within a short time it's usually because of something news or FOMO and it would have only a short-term effect.
100k before the halving is good but if it will have a negative impact then I'd prefer it rises slowly.
Of course, regular increases will give Bitcoin the strength to hold its price longer after the increase. Obviously, it will be different if it increases quickly in the short term, and I agree that usually it is a sudden increase due to FOMO and will not last long.

For Bitcoin to get to $100k before halving would mean Bitcoin price has to go up over 100% from its current price in about 3-4 months because it's at $42k+ right now and that won't happen I think.
I wasn't optimistic enough before. I didn't believe the new ATH will get to $100k but I am very optimistic now.
If indeed there will be an increase reaching $100K before the halving period ends, of course there will be more surprises with the next ATH reaching perhaps more than $100K, and I think, of course, it is a reasonable thing to achieve if an increase of at least 2x the previous ATH means it will reach $130K.

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December 17, 2023, 05:23:33 PM
 #140

When everyone says that price cannot drop, it drops. The thinking of masses never get fulfilled. If everyone is thinking that bitcoin price cannot dump, it will dump. Similarly when everyone is expecting bitcoin to dump more ( in bear market), its usually never goes to that point and pump against all the speculations.
I know what you are talking about there. This doesn't only apply here in the world of cryptos but also outside of our personal life. It is quite annoying. It is like someone is playing tricks with us. I know it's only in our head, however here in the world of cryptos, it could occur for real, because there is someone who can see and listen to us.

While it's not possible for us to know their next moves. I'm talking about the big institutions, and the whales, because they are the only ones who has the power to manipulate the prices. Anyways, there are still times where our wish or expectations have been met, and we feel happy & fulfilled about it.

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