Count down to Bitcoin halving.

[ingiltere]

They added this like 15 days ago. I think it's a very nice feature. When it was first added it showed there were 140 days, now it says there are 124 days. The halving will happen in about 4 months and in my opinion the real rise will happen then. Currently we are still in the accumulation period, we have a little more time to collect more Bitcoin. The 30k levels were appropriate, now we are at the 42k level, I think it's still a good level to buy. I see it as a buying opportunity until Bitcoin experiences a new ATH, then I will wait and try to adjust my exit points.

[nurilham]

Hmm, well TBH now the 15k to 17k range will never re-appear in the coming timeline, even in the crazy bear market. Just reminding hehe When I entered the crypto market officially haha means direct relation/connection Bitcoin was around 4k and it never re-appeared.

If we expect Bitcoin will drop again to $15k-$17k in the next few months, it will be impossible to happen. It was the bottom price of Bitcoin in the first year of bearish season (2022), we almost leave the bearish season now. Even if there is a big FUD in the near future, the hype of Bitcoin halving is bigger. So, the price will keep improving and stay above $40k.

40k is a decent range but for sure I'm expecting the next bear market at least having a bottom around 35k to 40k haha I'm from the future. Making just blind hits.

I think it is too early to guess the bottom price in the next bearish season. We even don't reach the bullrun season yet. We need to know how far Bitcoin price to increase in the bullrun season. If it can be above $80k, surely the bottom price is likely above $30k. But since the new ATH isn't achieved yet, we are impossible to guess the next bottom now.

[GbitG]

Hopefully, this forth coming halving would trigger a new all time high as the case maybe and as such the market is still early to enter. While doing this, use funds you can afford to lose as no one can predict the direction of the market.

Hmm, maybe it happened that the market sentiment Market sentiment may run against expectations. Because no one has the authority of the market, they will give you what the market wants, which means that it may go in the opposite direction from your expected thought that the price movement in Halving may not be like what we are expecting this time. Can go up to 150k or up to 180k. But we old people have experienced that every time after halving, we have seen a jump in price, and Bitcoin has created its new all-time high, so this time too, we hope that the cycle repest is the same as Bitcoin's ex-ATH break. A new ATH can be created. But let's face it, the price of Bitcoin may not be according to your thoughts or predictions; there is a possibility that it may make a new ATH or it may not. So you are right that you should invest that amount that you can bear to lose, which means that your life cannot be endangered by losing it...

And I think that this time the price of Bitcion will be many times better than the previous one, because this time even those people who own big money have agreed to Bitcion. A level jump can be seen. Let's see what happens!

[oktana]

Well, like I will keep on saying; the first thing you need to do about this halving is to terminate any expectation of a price increase because you may get disappointed just because you expected too much from the poor Bitcoin. Halving doesn’t have any direct impact on the price of bitcoin but a lot of people think it does. Let’s just have a normal halving and if the price will increase, let it do so.

You're talking about these from the perspective of someone who is inexperienced enough in this crypto space, sorry to batch on you this way i mean no offense, there are 4 circles in bitcoin and you must realize that after the Halving is what launch us into another phase of these circles and the supply of bitcoin reduces while the demands is high and likewise the market price going higher, what we don't know is the accurate time for this bullrun to begin after halving, but it will surely come.

The point of my conversation is to not put hope on something that isn’t directly equivalent to a bull run. And I’ll say it again that Bitcoin Halving is not directly equivalent to price increase. What we fail to see is that it’s not just about total supply and circulating supply.

They’re cryptocurrencies with total supply of either about the same as Bitcoin or even less than Bitcoin, but they can never compare value with Bitcoin. Even if all remaining Bitcoin is released into the market at once, if there’s more adoption and use cases, it wouldn’t matter, but if not, we’ll face a big value reduction.

Yes, the Halving will reduce what miners earn or let’s say it’ll reduce what is being mined, but our previous Bear runs has not been caused by what Miners are earning (the new Bitcoin). This is only a mechanism to slowly and slowly release Bitcoins into circulation (so it doesn’t impact value of preexisting ones).

[usekevin]

They added this like 15 days ago. I think it's a very nice feature. When it was first added it showed there were 140 days, now it says there are 124 days. The halving will happen in about 4 months and in my opinion the real rise will happen then. Currently we are still in the accumulation period, we have a little more time to collect more Bitcoin. The 30k levels were appropriate, now we are at the 42k level, I think it's still a good level to buy. I see it as a buying opportunity until Bitcoin experiences a new ATH, then I will wait and try to adjust my exit points.

The trader was looking for the next halves in the bitcoin and most properly we can expect the same in 2024.Many of my friends who earned during 2020-2021 was back to the trading now.Many trader was go away from the trading after the 28k dollars of the bitcoin price.Now the bitcoin already reach the 42k mark,So the next mark would be the 50k in the market value of bitcoin.Many old investors are making some cash during this bull run market.But if they hold till next month will give them good results.

Filling bags because of the halving is not the right approach, better to use mathematical formulas that backed your strategy when buying Bitcoin. Typically Halving didn't make a new ATH but the sentiment behind the people and mining companies, the use of Bitcoin, and the mass adoption bring Bitcoin price to a new ATH. It can be seen from the charts that half of the year to one year later from the halving day price gets to motion, so halving itself should not bring higher prices, but the release of Bitcoins into the market and the mass adoption, ETF, banks as custodian, Fair value accounting, etc. can bring new ATH in Bitcoin price.

The trader who want to became the millionaire should use the time during the bull run,because bull run will give them enough money back.The small variation was the output during the bull run.The trader will get more option to invest during the bull run and get bag full of cash.

[passwordnow]

They added this like 15 days ago. I think it's a very nice feature. When it was first added it showed there were 140 days, now it says there are 124 days.

They should have added this a long time ago and there will always be the countdown to be included even if we're done with that. But I think after a year or two of the halving, there's a need for them to remove it. IMO, the excitement goes there if they'll just leave it there forever and be a main stay put on their page. As it shows, 122D left until the halving comes.

The halving will happen in about 4 months and in my opinion the real rise will happen then.

Well, it's an awaited event that we know the impact for the price of Bitcoin will definitely is positive. Like what people are speculating about the bull run is about to come, it's all due to the halving and not with the ETF that's been said to have its countdown as well on the first month of 2024.

Currently we are still in the accumulation period, we have a little more time to collect more Bitcoin.

This is what many of the investors don't understand. While the market is still giving them the chance to buy, they are ignoring the chance that's been given to them. This is still the accumulation period that everyone can still buy even with the lowest that you can. Just don't miss the time that you should be able to buy because you'll never know if we get to see these prices again when the halving is done. The impact that we've seen from halving for the past years that had it commenced was amazing and the same pattern could go with it.

The 30k levels were appropriate, now we are at the 42k level, I think it's still a good level to buy. I see it as a buying opportunity until Bitcoin experiences a new ATH,

We will see again the $60k levels soon as that's what the past ATH we've been and then maybe this time, it's not too much to ask though but $100k could be seen.

then I will wait and try to adjust my exit points.

I've learned from my mistake that I've sold too early and not in the ATHs and that's why I'll also be wiser this time that I'll make my exit points but probably I'll never get out of Bitcoin holding forever. You'll never know if the next ATH could be the 7 digits that we're just talking for so long.

[EarnOnVictor]

Well, like I will keep on saying; the first thing you need to do about this halving is to terminate any expectation of a price increase because you may get disappointed just because you expected too much from the poor Bitcoin. Halving doesn’t have any direct impact on the price of bitcoin but a lot of people think it does. Let’s just have a normal halving and if the price will increase, let it do so.

You're talking about these from the perspective of someone who is inexperienced enough in this crypto space, sorry to batch on you this way i mean no offense, there are 4 circles in bitcoin and you must realize that after the Halving is what launch us into another phase of these circles and the supply of bitcoin reduces while the demands is high and likewise the market price going higher, what we don't know is the accurate time for this bullrun to begin after halving, but it will surely come.

The point of my conversation is to not put hope on something that isn’t directly equivalent to a bull run. And I’ll say it again that Bitcoin Halving is not directly equivalent to price increase. What we fail to see is that it’s not just about total supply and circulating supply.

They’re cryptocurrencies with total supply of either about the same as Bitcoin or even less than Bitcoin, but they can never compare value with Bitcoin. Even if all remaining Bitcoin is released into the market at once, if there’s more adoption and use cases, it wouldn’t matter, but if not, we’ll face a big value reduction.

Yes, the Halving will reduce what miners earn or let’s say it’ll reduce what is being mined, but our previous Bear runs has not been caused by what Miners are earning (the new Bitcoin). This is only a mechanism to slowly and slowly release Bitcoins into circulation (so it doesn’t impact value of preexisting ones).

What are you even saying? May you should read yourself again and make amends. Aside from the fact that you are not coherent enough, you are not also right with what I see here, only that I can wisely decipher what you are talking about and on the caution towards halving which many may not be able to understand with the way you structured the whole thing. What I like to tell you now is that, in any market/asset, the economics of demand and supply will always play, not only the supply you kept emphasizing on. And with Bitcoin, there is no way demand would not prevail over supply, this is simply because halving is a tradition, and this tradition attracts a whole lot of investors to buy the coin and help it increase its market capitalization.

This has always being happening during the time of halving, and I don't think this time (2024) will be different. However, it's not the halving itself that is causing the buying as it can't inflate Bitcoin by itself but the mindset/sentiment around it. People saw what happened in the post-halving which is why they are relating market pump to it. In my understanding based on the past market behaviour, the market would experience pre-halving and post-halving effects, and as you can see, the pre-halving effect is happening in the market of late due to FOMO. But the post-halving effect is way more and there is no way there won't be demands more due to people's belief, and Bitcoin must surely rise to that effect.

[oktana]

Well, like I will keep on saying; the first thing you need to do about this halving is to terminate any expectation of a price increase because you may get disappointed just because you expected too much from the poor Bitcoin. Halving doesn’t have any direct impact on the price of bitcoin but a lot of people think it does. Let’s just have a normal halving and if the price will increase, let it do so.

You're talking about these from the perspective of someone who is inexperienced enough in this crypto space, sorry to batch on you this way i mean no offense, there are 4 circles in bitcoin and you must realize that after the Halving is what launch us into another phase of these circles and the supply of bitcoin reduces while the demands is high and likewise the market price going higher, what we don't know is the accurate time for this bullrun to begin after halving, but it will surely come.

The point of my conversation is to not put hope on something that isn’t directly equivalent to a bull run. And I’ll say it again that Bitcoin Halving is not directly equivalent to price increase. What we fail to see is that it’s not just about total supply and circulating supply.

They’re cryptocurrencies with total supply of either about the same as Bitcoin or even less than Bitcoin, but they can never compare value with Bitcoin. Even if all remaining Bitcoin is released into the market at once, if there’s more adoption and use cases, it wouldn’t matter, but if not, we’ll face a big value reduction.

Yes, the Halving will reduce what miners earn or let’s say it’ll reduce what is being mined, but our previous Bear runs has not been caused by what Miners are earning (the new Bitcoin). This is only a mechanism to slowly and slowly release Bitcoins into circulation (so it doesn’t impact value of preexisting ones).

What are you even saying? May you should read yourself again and make amends. Aside from the fact that you are not coherent enough, you are not also right with what I see here, only that I can wisely decipher what you are talking about and on the caution towards halving which many may not be able to understand with the way you structured the whole thing. What I like to tell you now is that, in any market/asset, the economics of demand and supply will always play, not only the supply you kept emphasizing on. And with Bitcoin, there is no way demand would not prevail over supply, this is simply because halving is a tradition, and this tradition attracts a whole lot of investors to buy the coin and help it increase its market capitalization.

This has always being happening during the time of halving, and I don't think this time (2024) will be different. However, it's not the halving itself that is causing the buying as it can't inflate Bitcoin by itself but the mindset/sentiment around it. People saw what happened in the post-halving which is why they are relating market pump to it. In my understanding based on the past market behaviour, the market would experience pre-halving and post-halving effects, and as you can see, the pre-halving effect is happening in the market of late due to FOMO. But the post-halving effect is way more and there is no way there won't be demands more due to people's belief, and Bitcoin must surely rise to that effect.

Good point you make about sentiment, and IMO, that is the only thing I can agree that can directly cause a bull run in this case; everyone running around to buy because it’s Bitcoin Halving (blindly buying because they heard it will pump or that miner’s reward will be reduced). But this isn’t the angle I was coming from. What I’m saying is that the value of Bitcoin has nothing to do with Bitcoin halving at this point. How many more Bitcoin before it’s over? we have a huge percent of the total supply of bitcoin already in circulation, so? It’s stuff like the adoption/expansion, etc, that determines the bull run at this point. Are we going to rely on sentiment for a bull run? I don’t think that’s organic. In fact, even after all this convo, it is possible that the sentiment isn’t even enough to do anything to Bitcoin price. I can still quote my initial reply, I said that we should zero our mind from a bull run happening after the halving. Not because it cant happen but because it isn’t tied to the halving. Bull run can happen at any time. It can happen before or after the halving. Maybe I mis-expressed my thoughts in my last reply, but this should be a better explanation.