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Author Topic: What are your expectations for the few weeks after the halving period?  (Read 686 times)
oktana
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February 20, 2024, 09:33:06 PM
 #81

Quote from: oktana
So many stories have been told. Some say it’s the months leading to the Halving that will be the bull run, some say it is going to be the halving, some also say that it will come later after the halving. What I see that all opinions have is that it will come anyways. So why not just make your investments and sit back with a pack of popcorn? It’s okay to speculate but don’t get too attached to these assumptions.

If some holders are not careful with those stories that is threading all over the community, it can lead some holders to sell their Bitcoin now and regret when the price of Bitcoin continue increasing in the market. Based on my observation in this new bullish market that appear few days ago, I think holders are about to experience huge bullish season but it will not happen in this month of February but it will definitely display next month to alert both long term holders and short term holders to start releasing their bitcoins to make a passive incomes. The most important thing in holding is to know your target no matter the speculation that is going on, once you arrive at your target, do everything possible to cash out and prepare for another bearish season.


The important thing in holding is not knowing your target, it’s even more important to be mindful of what speculation you agree or listen to. Sorry I had to disagree but just about 2 weeks ago, I saw a post on Binance square where the person claimed to be an expert trader. He was warning that people should sell their Bitcoin because at $50k, Bitcoin will then start falling and we’ll go back down to $43k. He even gave a date. People liked the post and comments were dropped but on that day, Bitcoin which was $48k at his time of prediction rather grew to $52k.

It’s really important that we are conscious that it is all speculation and nobody really knows tomorrow. I think it’s even better to not know or have a target than to have a target ruined because you think some expert’s opinion is what will happen. However, they are both important.



 

 

 

 

 

 


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Mars,           
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coolcoinz
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February 29, 2024, 07:46:32 PM
 #82

If you have studied bitcoin price history as well as bitcoin halving, you will know that bitcoin price won’t rise immediately. We might be observing price plummeting before and after bitcoin halving, and I think that’s normal. It might take several months before seeing bitcoin price rising until it reaches its new all time high, so most probably people will be encourage to buy more so they can prepare for the real market bull run.

That's what most bad analysts say that it can go down before or after the halving or it can go up before or after the halving.

<snip>

So, I expect bitcoin to go up even before the halving. IMO we'll be at the very least at 45k before and over 50k right after the halving.

<snip>

If you still don't own any bitcoin, I urge you all to get at least a little. Get as much as you're comfortable with. With each year getting to a certain point lik 1 BTC is going to be harder, mark my words.
Let's see how this post ages.


A month later I can say it aged well. Bitcoin bulls in this thread, we can pat ourselves on the back.
HODL army.  Cool

Did not expect it to go this high before the halving, but I'm positively surprised. Wouldn't be crazy if it corrected back to 50k, but it might as well make a new ATH before it does.

At this point I expect the bull market to continue at least for another 3 months, and then we shall see. If it gets explosive too fast and goes to 100k before May, we might get a much shorter bull market. Maybe a double top this year? The way it went to 60k in 2021, corrected 50% and went to 68k, but this time ending at 120k?

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February 29, 2024, 08:36:12 PM
 #83

Expecting to drop more after halving , maybe there are some others that do believe about bitcoin
crossing new All Time High here but for me it is not coming in 2024 instead like what those I trusted in prediction
is that Bitcoin will record new ATH . hoping that this time it will go towards my expectation not like what I have
done in the last halving that I do wrong.
Well I know so many people will be surprised to see how the price has has gone so high in just these few days because I know I am suprised at that and I believe it will also spoil so many persons prediction of how the market might flow because Bitcoin is so closed to breaching it's all time high in just a matter of days and I do expect that their should be a decline in the price anytime soon if not so many persons will be shocked at how Bitcoin didn't actually wait till after the halving to break it's previous ATH.

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freedomgo
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February 29, 2024, 11:24:44 PM
 #84

Expecting to drop more after halving , maybe there are some others that do believe about bitcoin
crossing new All Time High here but for me it is not coming in 2024 instead like what those I trusted in prediction
is that Bitcoin will record new ATH . hoping that this time it will go towards my expectation not like what I have
done in the last halving that I do wrong.
Same prediction here. I am still optimistic that bitcoin price will eventually break the previous ATH this year but I don’t think the momentum is good enough to reach a new all time high for bitcoin. If I’m not mistaken, bitcoin will have its new ATH by 2025 and I think a lot would agree to this. Either we are seeing $100k or $150k as its new heights, that will be possible but definitely hard to expect this year. Now, my speculations after bitcoin halving, there might be price correction after or even before halving, before it’s price will continue to skyrocket in the market.

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