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Author Topic: Bitcoin has never pass ATH before halving but it has always dip don't panic.  (Read 800 times)
$weetne$$ (OP)
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January 23, 2024, 05:41:29 AM
Merited by Agbe (3), SmartGold01 (3), Youngkhngdiddy (3), DiMarxist (3), promise444c5 (3), Humblevirus (3), Oluwa-btc (2), CryptSafe (2), Zigabel (2), DdmrDdmr (1), mvdheuvel1983 (1)
 #1

Bitcoin dip below $40,000 yesterday which most people thought was going to be the support or lowest price of the market as we were all bullish after Bitcoin ETF got approval from the security & exchange commission. The price of Bitcoin has recovered to trading above $40,000 but it might dip again therefore I'm writing this thread to advice the forum members not to panic. I haven't been too long in the industry as I started my journey recently but during my research and comparing Bitcoin prices before and after the halving, I noticed Bitcoin has never crossed the ATH before the halving but many people are thinking it'll do that this year rather I noticed that it always dips before the halving and that what is happening to the market therefore we shouldn't not be alarmed, this is what happens always from the history of Bitcoin and history always repeats in the market. Lets be guided and don't lose faith as the market is only dipping not crashing.

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January 23, 2024, 08:03:09 AM
 #2

Oh, I'm not panicking. I wasn't expecting it to go wild as soon as the year began. I've been in crypto for quite some time already, I'm used to stuff like this. A calm mind is the key.
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January 23, 2024, 08:07:21 AM
 #3

I noticed that it always dips before the halving and that what is happening to the market therefore we shouldn't not be alarmed, this is what happens always from the history of Bitcoin and history always repeats in the market. Lets be guided and don't lose faith as the market is only dipping not crashing.
Well if gonna based on historical past of bitcoin movement then you are right. But its quite hard to predict everything especially the bitcoin etf was just approved this year in spite of all those previous years that it has been struggling to be with. But this approach is a step forward for more adoption introduction to a wider scope of users and not just crypto enthusiasts means a very bullish thing for bitcoin.

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January 23, 2024, 09:18:33 AM
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 #4

Frankly, I feel that the shock comes from the fact that everyone was expecting the price to rise after the news of the ETF getting approval, or that the price would collapse if that approval was not obtained, but what happened is that the approval was obtained, and yet the price did not rise. The shock is more psychological than an analysis of the price.
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January 23, 2024, 09:21:13 AM
 #5

That's the thing and I always say to my friends that whuen this happens, they better be ready with some money because they're going to not want to miss this opportunity that bitcoin's going down and most likely will still go down even more in the near future since the halving is nearby and as OP said, this always happens. The only thing that investors like us should worry about is how do we make sure that we've secured a lot of money so we can buy at a specific lowest price point in the market.



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Rainbot
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January 23, 2024, 09:31:26 AM
 #6

Frankly, I feel that the shock comes from the fact that everyone was expecting the price to rise after the news of the ETF getting approval, or that the price would collapse if that approval was not obtained, but what happened is that the approval was obtained, and yet the price did not rise. The shock is more psychological than an analysis of the price.

You know one thing people are yet to understand they feel like bitcoin can easily bow down to FOMO just like that, they were people that even thought that with the ETF approval the government has a gate pass to manipulating the bitcoin price but now bitcoin seems to be defeating those cases. At first I knew bitcoin will actually raise after the approval because the hype around it was just too much for it not to react but I was predictive that as definitely a bull trap and nothing more, now we have a chance once more to accumulate.

Well if gonna based on historical past of bitcoin movement then you are right. But its quite hard to predict everything especially the bitcoin etf was just approved this year in spite of all those previous years that it has been struggling to be with. But this approach is a step forward for more adoption introduction to a wider scope of users and not just crypto enthusiasts means a very bullish thing for bitcoin.

There is no denying the fact that Bitcoin popularity and adoption will grow mostly around all this huge investors with ETF around but the thing is it wouldn’t just spike a bullish trend immediately after raise because we know this big investors coming in through ETF wouldn’t just go ahead and invest heavily like that they will certainly have to strategize for that, so ETF effect might come later but for now we definitely have to hold on to the historical predictions we have as that is the only true trend we can predict now and in the past this trend of bearish sentiment is expected before halving

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January 23, 2024, 09:47:53 AM
 #7

No panic from me - even if Bitcoin falls down to $35k.

I havent bought any yet in this mini crash but will do once it falls below $40k.

We are only 3 months from halving , good times are coming.
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January 23, 2024, 10:14:48 AM
 #8

Bitcoin dip below $40,000 yesterday which most people thought was going to be the support or lowest price of the market as we were all bullish after Bitcoin ETF got approval from the security & exchange commission.

I noticed that it always dips before the halving and that what is happening to the market therefore we shouldn't not be alarmed, this is what happens always from the history of Bitcoin and history always repeats in the market.
If you hoped to have cheaper price to buy bitcoin when it was traded about $69,000 or $50,000, now it is time for cheaper price. If you are panic now and hesitate, I am quite sure you will have similar feeling even Bitcoin drops to $25,000 or $20,000.

About history, Bitcoin price has its market cycle and historic rhythm but history can be changed. However before history is changed, I believe in history and before halving, any dip is good chance for me to buy cheaper Bitcoin.

Selling bitcoin because of panic just some months before a Bitcoin halving is one of worst decisions for a Bitcoin investor. If you can not take advantage of market movements, to sell high buy lows and increase your bitcoins, you can simply hold your bitcoins.

R


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January 23, 2024, 10:22:34 AM
 #9

The market went from 25k to 49k, so this price adjustment movement is normal, nothing goes up forever guys, there are drops during an uptrend, completely normal. Opportunities to buy at a discount! enjoy, but always DCA!

.
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January 23, 2024, 10:29:52 AM
 #10

The more the price of Bitcoin falls before the halving, the more profitable it will be for investors. Investors will have the opportunity to buy when the price of Bitcoin falls, after the halving the price of Bitcoin will increase, then investors can reap huge benefits. With the Bitcoin market down to 38, there is no need to despair as it is guaranteed that the price of Bitcoin will rise again.

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January 23, 2024, 10:34:18 AM
 #11

A 50-60% correction from previous ATH is perfectly normal before halving. We are currently standing at 42-43% down from 69K so still a little room to fall.
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January 23, 2024, 11:11:39 AM
 #12

I'm not panicking about Bitcoin's current downturn. I am happy because I can buy Bitcoin at a low price. And people should not panic seeing this either instead of using it to buy Bitcoin.

I am still waiting for Bitcoin to reach its previous ATH and make a new ATH, even though there is no certainty when that will happen. And as long as that doesn't happen, I'm still trying to accumulate more Bitcoins. Those who are new to Bitcoin also don't need to panic because this is only temporary.

We've seen the bottom prices before, so this isn't a big deal. We must be patient longer to wait for the market to recover. If you don't have the confidence to wait out the market, leave the market for a while and activate the alarm so you know when the price starts to move up.

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January 23, 2024, 05:04:22 PM
 #13

There are more revealing materials and reassuring insights now than there were eight years ago. Yes, newbies will panic because of the ongoing dip; especially after the ETF was approved but price doesn't seem to be rallying up. Some of us understand this game whales play around such expectations of price increase after a positive development in favour of Bitcoin. They dump to rebuy. No one should panic. It's just momentary. If anything, this should afford investors an opportunity to get more of their favourite coins that have taken a beating.

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January 23, 2024, 05:18:02 PM
 #14

Frankly, I feel that the shock comes from the fact that everyone was expecting the price to rise after the news of the ETF getting approval, or that the price would collapse if that approval was not obtained, but what happened is that the approval was obtained, and yet the price did not rise.
It makes true the statement used a lot that bitcoin remains very unpredictable. It may not perform as expected with a new development but may perform unexpectedly with a development that you could not expect or predict too.

R


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January 23, 2024, 06:45:36 PM
 #15

My feelings tend to be the inverse of the price movement.
If it goes up, I’m bearish Because I can not buy as much. If it goes down, I’m bullish because I can buy more.

This is Bitcoin. This is normal. This is a healthy pullback.
Market corrections like this are indeed common after such significant gains.
So keep bagging and holding. We’re right on track. Patience can pay off in the end Smiley
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January 23, 2024, 11:33:20 PM
 #16

The Bull Run market has not set and the price is going up and down because of good news that is happening in the cryptocurrency industries and ETF approved, so no panic at all and Bitcoin halving is around the corner, which everyone that understand the stay have to wait or even buy more of Bitcoin on dip, because profits determine the entry point.
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January 24, 2024, 02:17:46 AM
 #17

Since the approval of the Bitcoin ETF, many have speculated that the Bitcoin market is dumping, I say no, as Bitcoin holdings are only 86 days away. Before every bitcoin halving, the bitcoin market goes down, making this downtrend a great opportunity for investors to invest in bitcoin. Those who invested in Bitcoin at this year's peak of 48k, and those investing now, will not be disappointed. Bitcoin price will definitely increase after waiting for some time and after the halving period, the price of bitcoin will increase to the highest level. Be patient till 2025 you will surely succeed in your investment.

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January 24, 2024, 02:22:18 AM
 #18

I do not see that someone who knows that Bitcoin is in an upward trend this year and next year will think about panic. What is happening in terms of prices now is an ideal opportunity to buy more, and it may be the last chance ever, because if the price rises strongly, we will most likely not see levels of $30,000, so instead of panic It's a perfect opportunity to buy more. Selling now would be stupid.

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January 24, 2024, 04:41:04 AM
 #19

Yes, the regularity of the cycles does not have to be repeated forever but what is happening now falls within the normality that has been seen in previous cycles.

Frankly, I feel that the shock comes from the fact that everyone was expecting the price to rise after the news of the ETF getting approval, or that the price would collapse if that approval was not obtained, but what happened is that the approval was obtained, and yet the price did not rise. The shock is more psychological than an analysis of the price.

Exactly. I think most of us expected that with the approval, or not, of spot ETFs in the US things would have gone differently, but looking at things a posteriori this has been a clear case of "buy on the rumor and sell on the news" in which a few big whales have taken advantage to fleece a lot of small fish (retail investors).

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January 24, 2024, 04:57:53 AM
 #20

This isn't a crash, this has nothing to do with the halving. Read the news people.

Lot's of people are selling and redistributing. This money will come back in via ETF, but slowly. Big boys move slow.
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January 24, 2024, 05:13:46 AM
 #21

For me I consider Bitcoin an opportunity for long term investment, storing it for my son. I keep buying, never selling. For me BTC is not tradable. I have other assets to trade off.
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January 24, 2024, 05:16:33 AM
 #22

Bitcoin dip below $40,000 yesterday which most people thought was going to be the support or lowest price of the market as we were all bullish after Bitcoin ETF got approval from the security & exchange commission. The price of Bitcoin has recovered to trading above $40,000 but it might dip again therefore I'm writing this thread to advice the forum members not to panic. I haven't been too long in the industry as I started my journey recently but during my research and comparing Bitcoin prices before and after the halving, I noticed Bitcoin has never crossed the ATH before the halving but many people are thinking it'll do that this year rather I noticed that it always dips before the halving and that what is happening to the market therefore we shouldn't not be alarmed, this is what happens always from the history of Bitcoin and history always repeats in the market. Lets be guided and don't lose faith as the market is only dipping not crashing.
It is good that you admitted to be new in crypto because what you have told us here is already in the table for many years, it is indeed that never that bitcoin crossed ATH before halving but also remember that we have not experienced ETF before those years so that is the reason but now that we have already approved ETF there are different scenario that may take place.
This isn't a crash, this has nothing to do with the halving. Read the news people.

Lot's of people are selling and redistributing. This money will come back in via ETF, but slowly. Big boys move slow.
it already shows now as  bitcoin recovered to 40k again after falling to 38k , if this will continue then you'll get the best result any time soon , yet still we might not see ATH before halving.









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January 24, 2024, 05:43:10 AM
 #23

Yeah it seems everyday there is $500M worth of outflows from GBTC and another issue is that MtGox is going to start sending bitcoins finally to the debtors.

So most likely the next few months will be bearish or sideways. Eventually the inflows to the other etfs are going to get smaller and smaller. So it’s possible we might see the low $30Ks before the halving and maybe towards the year we might get closer to ATHs.
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January 24, 2024, 05:54:15 AM
 #24

Frankly, I feel that the shock comes from the fact that everyone was expecting the price to rise after the news of the ETF getting approval, or that the price would collapse if that approval was not obtained, but what happened is that the approval was obtained, and yet the price did not rise. The shock is more psychological than an analysis of the price.
You are actually correct. The scenerio is just like "what I ordered vs what I get in return" people never expect the price of Bitcoin to dip This low after ETF approval. I am also overwhelmed and astonished because I felt after the approval that Bitcoin price will skyrocket. But seeing the price dip makes me think that Bitcoin journey is unpredictable and mysterious. Not what people feels or prdict that always give them %100 accuracy but give rise to at least %50 in absumbtion. But anyways the dip gives an opportunity for people to buy and accumulate more. People who feel that Bitcoin price was becoming too expensive could buy now because after now I think the price will move drastically uptrend. someone who can be able to afford 3 or 4btc and above, now that it's deep could make a profit of about $24k when the price will increase to $45k. For example you baugh like 4btc at the rate of $39k each that is $39k * 4=$156k. When the price goes up to $45k each it will be $45k*4=$180k. If you subtract $180k-$156k=$24k. So it's another opportunity for the whales to make more profit.

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January 24, 2024, 07:17:02 AM
 #25

For me I consider Bitcoin an opportunity for long term investment, storing it for my son. I keep buying, never selling. For me BTC is not tradable. I have other assets to trade off.
If that is your sole target then indeed that you are good parent and also your Son will  gather
all your crypto assets in the future when it surely accepted by the world so Can't wait to see you succeed
like what we are all facing.

About OP's post indeed that we only have to trust  the process and yeah bitcoin is just 
experiencing correction and small dumping that we must not  be worrying , each halving brings dumping
to bitcoin market.

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January 24, 2024, 07:33:02 AM
 #26

Bitcoin dip below $40,000 yesterday which most people thought was going to be the support or lowest price of the market as we were all bullish after Bitcoin ETF got approval from the security & exchange commission. The price of Bitcoin has recovered to trading above $40,000 but it might dip again therefore I'm writing this thread to advice the forum members not to panic. I haven't been too long in the industry as I started my journey recently but during my research and comparing Bitcoin prices before and after the halving, I noticed Bitcoin has never crossed the ATH before the halving but many people are thinking it'll do that this year rather I noticed that it always dips before the halving and that what is happening to the market therefore we shouldn't not be alarmed, this is what happens always from the history of Bitcoin and history always repeats in the market. Lets be guided and don't lose faith as the market is only dipping not crashing.
I have seen 2  halving already and yes this is a normal scenarios to expect dumping before or just after halving so indeed that we only need to deal with it in short period of time most specially now that we also have other flavor and that is the approval of Bitcoin spot ETF and with all those we might see or witnessed different approach from the market when bull market comes.
This isn't a crash, this has nothing to do with the halving. Read the news people.

Lot's of people are selling and redistributing. This money will come back in via ETF, but slowly. Big boys move slow.
thanks for sharing this and clearing that this is not crashing and indeed because the market now seems recovering and look we now stands 40k again.

https://coinmarketcap.com/currencies/bitcoin/

be ready to what will come in the next coming days.

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January 24, 2024, 08:40:54 AM
 #27

@Hugeblack is right, everyone thought that ETF will make Bitcoin reach a new all time high liken ever before, breaking its past price actions in every circle, all because of the ETF approval, I was like isn't this too much to ask for?

Now that this isn't happening many people feel bad, there is a saying that when the hordes follows left you must take the right path because there is a huge chance that things wont go their way, I was expecting this crash anyway and it's more healthy and bullish for Bitcoin, the best time is almost here.

You guys should not feel too concern about this price action right now, take this as another opportunity to grab more Bitcoin before it's finally too late, there won't be anymore opportunity like this by the mid of this year, now is the time to buy.

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January 24, 2024, 09:20:20 AM
 #28

This is what I termed "necessary corrections" because had it been the price actually continue to skyrocket after spot Bitcoin ETFs were approved, then so many short term investors would have sold their coins thereby causing it's demand and supply to fall drastically. This correction is an opportunity for long-term investors to buy now that it's dipping because after this corrections have been made, the dip may not go any further but rather it would be rising gradually till the bull run starts.

 Though nobody believed that this dip would continue after spot Bitcoin ETFs were approved considering the speculations and predictions that the price would skyrocket if SEC approves ETFs but however, we should endure the dip and hodl the coins in our portfolios rather than selling with fear of further dipping because I don't see this dip going much further. Moreover, had it been the price continues to skyrocket and maybe surpassed the previous ATH before halving don't you think it would be an error?

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January 24, 2024, 09:38:57 AM
 #29

This is what I termed "necessary corrections" because had it been the price actually continue to skyrocket after spot Bitcoin ETFs were approved, then so many short term investors would have sold their coins thereby causing it's demand and supply to fall drastically. This correction is an opportunity for long-term investors to buy now that it's dipping because after this corrections have been made, the dip may not go any further but rather it would be rising gradually till the bull run starts.


This is called the saturation phase, where buyers stop. Conversely, and in this phase there is a lot of selling, there will be a price drop. This is normal in technical trading, it is bound to happen unless there is a Whale that can ruin the market. Besides, the history of halving is always almost the same. During the 2 periods I went through halving 2016 and 2020 ATH always occurred after Halving. It seems that this history is a reference for investors and traders to find the most appropriate moment to increase the number of coins they have. Although indeed the market is always different and difficult to guess exactly.

R


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January 24, 2024, 11:17:57 AM
 #30

Oh, I'm not panicking. I wasn't expecting it to go wild as soon as the year began. I've been in crypto for quite some time already, I'm used to stuff like this. A calm mind is the key.
The current movement of bitcoin isn't that wild in my opinion, bitcoin went to much lower price than that in the past, the recent all-time high gap from the current price right now is so wide and didn't the drop last time when it reached that all-time high, the drop was much faster and more wild than many expected, I've seen some thinking that the drops were a way for the price to pump again but it didn't so yes, it's not that wild. And if you're not panicking then it shouldn't surprise you how "wild" the current price movement is right? But I guess, you can be chill and be surprised on the unexpected at the same time so carry on.

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January 24, 2024, 11:22:58 AM
 #31

This is what I termed "necessary corrections" because had it been the price actually continue to skyrocket after spot Bitcoin ETFs were approved, then so many short term investors would have sold their coins thereby causing it's demand and supply to fall drastically. This correction is an opportunity for long-term investors to buy now that it's dipping because after this corrections have been made, the dip may not go any further but rather it would be rising gradually till the bull run starts.


This is called the saturation phase, where buyers stop. Conversely, and in this phase there is a lot of selling, there will be a price drop. This is normal in technical trading, it is bound to happen unless there is a Whale that can ruin the market. Besides, the history of halving is always almost the same. During the 2 periods I went through halving 2016 and 2020 ATH always occurred after Halving. It seems that this history is a reference for investors and traders to find the most appropriate moment to increase the number of coins they have. Although indeed the market is always different and difficult to guess exactly.
We don't need to be surprised about what's happening in the market now, this is a way that would allow people that are not so strong as an holder to sell their holdings making them to lose there asset when the price of Bitcoin finally goes up. The ETF was not able to keep the price of Bitcoin up so we need to keep holding waiting for the arrival of the Bitcoin halving probably the price of Bitcoin would goes up. This is like a last opportunity for people that want to be a profitable holders to buy now that the price of Bitcoin is down so that they could make an earning from the market. It is not too late for us to buy now, the time is still there to buy at lower price.

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January 24, 2024, 11:33:13 AM
 #32

there is no need to worry when the price of bitcoin decreases when it approaches the halving, because it is a natural correction before the halving occurs. and what's more, the news about the bitcoin etf has passed, so more people are selling their bitcoins to make a profit, so that has affected the price of bitcoin in recent days. and because of this, there is no need to rush to sell your bitcoin because there is nothing to worry about. and conversely, today is the best day to increase your investment in bitcoin to be able to make a profit later.

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January 24, 2024, 11:51:29 AM
 #33

Only people that think we are fully into bull run and think that the price will keep pumping without correction are the ones panicking to sell because they are into bitcoin investment for quick money and to go for long term investment. If they sell at lost, they are not part of the people that will enjoy long term investment profit.

No panic from me - even if Bitcoin falls down to $35k.

I havent bought any yet in this mini crash but will do once it falls below $40k.

We are only 3 months from halving , good times are coming.

Yes, there is no reason to panic even if the price of bitcoin drop below $30k because some people are hoping to buy more.

It will be a good one if you start investing from now because there is no guarantee that the price will drop to your expectation; DCA method will be a good one even if you don't have enough money to invest once.

R


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January 24, 2024, 12:07:56 PM
Last edit: March 05, 2024, 03:58:23 PM by stompix
 #34

I haven't been too long in the industry as I started my journey recently but during my research and comparing Bitcoin prices before and after the halving, I noticed Bitcoin has never crossed the ATH before the halving

Misleading and false as Bitcoin crossed that in November 2021 when it reached 67k compared to 63k in April.
So back to the drawing cope board!  Wink

there is no need to worry when the price of bitcoin decreases when it approaches the halving, because it is a natural correction

What is a natural correction here?
Seriously people, what's NATURAL about this?
It's been 3 years since 67k, we had ton of adoption (at least on paper), thousands of investors, countries adopting it as legal tender or at legalizing it, and still were down 30% after 3 years of this growth!
So, again what's NATURAL in this correction? Cause I've never in my life heard of a thing gaining adoption and investment and losing 30% over 3 years of "growth".

Did some tank full of copium blow up and it's flowing anywhere while I', the only one that had the windows closed?

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January 24, 2024, 12:17:16 PM
 #35

Frankly, I feel that the shock comes from the fact that everyone was expecting the price to rise after the news of the ETF getting approval, or that the price would collapse if that approval was not obtained, but what happened is that the approval was obtained, and yet the price did not rise. The shock is more psychological than an analysis of the price.
In my opinion, the price would have reacted positively. Maybe we see Bitcoin move to claim the $50k level had the first tweet officially came from the SEC, and before we see price retrace downwards, but I kind of think that the SEC twisted the game with that tweet by coming back later to claim that it was not originally from them, and then later when the news officially came out to be that the ETF has finally been approved, plenty of investors already lost interest while some investors started playing the safe game, and the whole market were filled with FUD.

R


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January 24, 2024, 12:49:26 PM
 #36

So, again what's NATURAL in this correction? Cause I've never in my life heard of a thing gaining adoption and investment and losing 30% over 3 years of "growth".

you do know the price is not meant to stay at ATH.
the correction is back down to value AFTER temporary post-halving pump to a temporary ATH

corrections in general are not to ath/ups.. but the opposite.. corrections are back down closer to value

as for you never seeing prices come down after a ATH
you might want to check after the 2011 ATH
you might want to check after the 2013 ATH
you might want to check after the 2017 ATH
you might want to check after the 2021 ATH

the new value per cycle is higher then last. but "value" are bottoms of periodic market cycles..

I DO NOT TRADE OR ACT AS ESCROW ON THIS FORUM EVER.
Please do your own research & respect what is written here as both opinion & information gleaned from experience. many people replying with insults but no on-topic content substance, automatically are 'facepalmed' and yawned at
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January 24, 2024, 12:54:37 PM
 #37

The market is indeed dipping, not crashing.

Let me offer some financial insights from my years. Cryptocurrency prices reflect human sentiment, collective belief, and market dynamics. Our strength as a community is our capacity to stay grounded and believe throughout difficult times. Bitcoin is a revolutionary idea, and revolutionary ideas last.

The key is perspective. Viewing dips as opportunities rather than disappointments can change our investing mentality. Long-term thinking and patience are needed. I urge forum members to look beyond the chaos. Bitcoin's growing legitimacy and potential are marked by the Bitcoin ETF's approval. So, lets keep supporting Bitcoin. Every great journey has problems, and how we overcome them determines our success.

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January 24, 2024, 01:06:42 PM
 #38

If y'all  thought it was going to skyrocket the day of and shortly after ETF approval you are a fool. Big money moves slow.

Since most here walk around with blinders on not looking at anything else but, let me help you.

Here is some homework kiddo's.

-First week of trading BTC ETF's exceed that of silver! That's pretty f'n epic. That's winning but y'all focused on the number and not the big picture.

The day of ETF's started trading silver AND gold took a hit before the price fixers stepped in.

Look at the blip on jan 11th on both gold and silver and you can see it in the gold/silver ratio charts.

https://www.apmex.com/gold-price

There is alot of money is in flight and I bet some is coming our way.

Relax, read the news. Beware of echo chambers like here and social media, especially the youtube idiots. This dip has ZERO to do with the upcoming halving, nothing. Since the halving is emotional and not technical it's a great time to take peoples money which I am happy to do, suckers.

Kill your need for immediate gratification and the whining that ensues.



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January 24, 2024, 01:20:07 PM
 #39

Honestly, I don't really give a damn about BTC reaching a new ATH because its current pricepoint is already optimal at the moment and I hope it stays or goes above this range in the future instead of sliding downwards.

Another thing that I give a damn about are BTC fees which aren't going back to normal thanks to crappy ordinals.

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January 24, 2024, 01:25:32 PM
Last edit: January 25, 2024, 11:15:20 AM by stompix
 #40

So, again what's NATURAL in this correction? Cause I've never in my life heard of a thing gaining adoption and investment and losing 30% over 3 years of "growth".
you do know the price is not meant to stay at ATH.
~
corrections in general are not to ath/ups.. but the opposite.. corrections are back down closer to value

Care to share one company shares, one commodity, one everything that followed this path?

Grew by the number of users like this:
Quote
he number of global crypto users reached 221 million in June 2021, reported
vs
Quote
A research report from Crypto.com estimates the number of worldwide cryptocurrency users surged to 580 million people in 2023

So a ~200% increase in userbase and still toiling 40% behind its ATH price?

Not even counting all the investment in everything else, all the mining companies listed on the stock exchange, all the payment gateways all the everything, always and regulations, how can one think a correction at this point is NATURAL?
If it's a natural correction then it means the natural price is lower which bring us to the problem of the growth compared to lowest point, just a head's up it would mean that from low to low in the 2020 Bitcoin was out performed by the top gainers on NASDAQ by over 200%.
So if this is the natural growth it means it has lost a ton of its shine in the last 4 years!

Besides making this the natural price would also mean that the halving would be just a pump and dump scheme, right?  Cheesy
So you either label it as NOT being NATURAL at all, or you agree that it underperformed by a ton compared to traditional stocks, which would be  way heavier blow and way harder for most to accept!
Again, it's either coping or agree that all numbers on usage and adoptions are blown out of proportions!

.
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January 24, 2024, 01:27:35 PM
 #41

Frankly, I feel that the shock comes from the fact that everyone was expecting the price to rise after the news of the ETF getting approval, or that the price would collapse if that approval was not obtained, but what happened is that the approval was obtained, and yet the price did not rise. The shock is more psychological than an analysis of the price.
This is one problem with too much expectation. The expectation of the people on ETF approval was too high, adding to the fact that this year is also a bitcoin-halving year.
 
The area where people are panicking is those who hope to see bitcoin above $50,000 on or after the approval of the bitcoin ETF as a result of the large capital that will be invested in bitcoin, but the reverse was the case, and many from day 2 of the approval started dropping down. That's where all this panic started, even before the FTX liquidation, which also contributed negatively to the market.

R


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January 24, 2024, 03:41:06 PM
 #42

Didn't panic one bit, in fact I bought more ALT a few days ago using FIAT. No more rushing to see the current market conditions, and even my BTC is still intact. I want to see Bitcoin's condition for some more time. And to be able to keep up with the euphoria, I have to keep owning Bitcoin.

Until now, my assets have experienced a minus... but because I still believe in Bitcoin based on historical data, it has been even worse than today. This also includes halving cycles.
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January 24, 2024, 03:50:18 PM
 #43

I agree with hugeblack that those particularly upset with how Bitcoin is doing probably had really high hopes for the bull market right following an ETF approval, which didn't happen. I did not expect ETF approvals to happen so fast, so I didn't expect a bull market so early either. My guess, based on time frames between ATH points and how long it took to get there after bear markets in the past, is that we can expect recovery in Q4 of 2024.
Op has a good point about recoveries not happening in the past prior to halving events, but it's also true that we haven't had many of those to say that it's a statistically significant fact, I believe.

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January 24, 2024, 04:43:43 PM
 #44

Bitcoin dip below $40,000 yesterday which most people thought was going to be the support or lowest price of the market as we were all bullish after Bitcoin ETF got approval from the security & exchange commission. The price of Bitcoin has recovered to trading above $40,000 but it might dip again therefore I'm writing this thread to advice the forum members not to panic. I haven't been too long in the industry as I started my journey recently but during my research and comparing Bitcoin prices before and after the halving, I noticed Bitcoin has never crossed the ATH before the halving but many people are thinking it'll do that this year rather I noticed that it always dips before the halving and that what is happening to the market therefore we shouldn't not be alarmed, this is what happens always from the history of Bitcoin and history always repeats in the market. Lets be guided and don't lose faith as the market is only dipping not crashing.

You should have provided your analysis with a clear chart to make your explanation easy and simple for you explanation. $40k is a support but not a global support, it's a support of where many trading activities happen and it was a weak one for that matter, that's why it didn't last upto 24 hours before it broke.

There has been some information about Grayscale selling Billions of GBTC which were was deposited to Coinbase exchange and the markets react to it and not much buying pressure, that's too tell you that there is more coming, the support is weak and further sell off come later.

ETF hype finished, Blackrock and SEC has done their part of business, SEC has cashout for the forms and Blackrock is into business, it's left of Bitcoin to move on his own now which the hope remain the halving. I'm positive about April halving but don't be shock if nothing happened on that day. Because from MACD, we are going into sell zone of the market which might last for 2 months or even more depend on how fast we get out quickly, so tighten your belt very well.

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January 24, 2024, 11:22:25 PM
Last edit: January 24, 2024, 11:33:24 PM by Solokan
 #45

Yes, of course there are always some people who are surprised by the decline in the price of BTC because it touched less than $40k and indeed after the Bitcoin ETF will agree that the price of BTC rise, but indeed a few days ago the price of BTC saw a price drop of course for some people, many people are panicking and asking questions. because after the Bitcoin ETF was approved, why didn't it rise very high? In fact, a few days ago there was a price drop and this is their reason. But of course we shouldn't panic because right now we can say that it's not yet the time for BTC to create a new ATH because of course the Halving Bitcoin hasn't started yet and it's also not yet the time for the Bull Run, so your opinion is correct, so we shouldn't panic about the price drop. but of course the decision is in their own hands because of course predicting the price of BTC is certainly very difficult. Yes, in my opinion, the decline in BTC prices is a normal thing.

Yes, the market is currently experiencing a decline, but I personally believe that one day BTC will rise again and will reach a new ATH during the bull run in 2025.
Yes, I agree with you that currently the market is going down, not crashing. Yes, of course those who invest in BTC for the long term will definitely not panic and those who panic are usually people who invest in BTC for the short term and lack knowledge.

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January 24, 2024, 11:24:16 PM
 #46

Whether it will cross by this year as it's technically after the halving, it's still likely the pattern that we're going to see for it. While many are saying that it's going to be this year where we might see the ATH but if you go ahead and check again the charts, usually, it's always after several months or even a year + few months for the bull run to exist. As the bull run could start by this year but if you're waiting for the peak of it, then it's very likely that we will come across another ATH by 2025.

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January 24, 2024, 11:31:16 PM
 #47

Bitcoin will not reach a new ATH before the halving, not because it has never happened in past times but because maybe it’s struggling even right now. Imagine if someone said that Bitcoin wouldn’t touch $70k because it hadn’t done it before. Some speculations are just not it.

Frankly, I feel that the shock comes from the fact that everyone was expecting the price to rise after the news of the ETF getting approval, or that the price would collapse if that approval was not obtained, but what happened is that the approval was obtained, and yet the price did not rise. The shock is more psychological than an analysis of the price.
Proves how the market doesn’t move based on what we wish for but based on its own direction. I hope people aren’t overhyped about the halving too or it could be worse.



 

 

 

 

 

 


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January 24, 2024, 11:38:11 PM
 #48

Frankly, I feel that the shock comes from the fact that everyone was expecting the price to rise after the news of the ETF getting approval, or that the price would collapse if that approval was not obtained, but what happened is that the approval was obtained, and yet the price did not rise. The shock is more psychological than an analysis of the price.
This is one problem with too much expectation. The expectation of the people on ETF approval was too high, adding to the fact that this year is also a bitcoin-halving year.
 
The area where people are panicking is those who hope to see bitcoin above $50,000 on or after the approval of the bitcoin ETF as a result of the large capital that will be invested in bitcoin, but the reverse was the case, and many from day 2 of the approval started dropping down. That's where all this panic started, even before the FTX liquidation, which also contributed negatively to the market.

Exactly! It doesn't mean that bitcoin has been approved by the ETF, which means the price will skyrocket. Without thinking about the fact that there should be a correction in the market, and that's part of it, the news spreads to all of the investors, causing them panic, and maybe many investors sell some or all of their holdings because they're afraid that the price will dip more. That's why the price of bitcoin will dip even more, but it's a good opportunity for other small investors, like me, to buy more bitcoin when it's low and wait for the increase in price and also the preparation for the next bull run. Many see the dip as bad news without thinking that it can be an advantage for some investors.

Anyway, expect more dips in bitcoin. Yes,  it will increase, but expect numerous dips. Remember, this is a halving season. Many investors are doing buy and sell, and it is part of the market.

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January 25, 2024, 02:33:58 AM
 #49

People know that Bitcoin usually falls before halving and are calm about the current fall. They say that even if Bitcoin falls to 35K, it will only be a reason to buy Bitcoin cheaper. But I would like to warn you about this. What if the 35K drop doesn't stop? As for me. Then the fall targets of 35K look very modest. According to classical technical analysis, the price usually goes to test the previous bottom. And since the previous bottom was at 15K, that’s where we should go. If we fall even just below 15K, then only then will the mass of investors and traders begin to panic sell. This will be an extremely unexpected fact for most. Are you ready for Bitcoin's extreme low? In my opinion, small miners are definitely not ready.
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January 25, 2024, 05:02:55 AM
 #50

If the bitcoin price goes down after the halving it could be a new market correction. Even if the ATH does not pass nothing can affect bitcoin. There is no reason to despair as the market fluctuates and prices fluctuate. This is a great opportunity for investors to hold bitcoin. Most of the time if the price is going down it is a sign of going up. Everyone wait for the next gain bitcoin will reach good position.

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January 25, 2024, 05:18:38 AM
 #51

If the bitcoin price goes down after the halving it could be a new market correction. Even if the ATH does not pass nothing can affect bitcoin. There is no reason to despair as the market fluctuates and prices fluctuate. This is a great opportunity for investors to hold bitcoin. Most of the time if the price is going down it is a sign of going up. Everyone wait for the next gain bitcoin will reach good position.

that is, the situation of decreasing Bitcoin prices before the Halving or even after the Halving did occur in the previous halving period. and the pump occurs after the halving and there is indeed a certain period before the pump season starts.
Maybe people who are new to it and don't know the halving situation will think that after or after the halving in a short time the price of Bitcoin will experience a pump. but that's not certain to happen.
just wait patiently for the moment. Don't panic too much when you see the market corrected or even stable with only a little movement.
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January 25, 2024, 07:12:03 AM
 #52

Bitcoin dip below $40,000 yesterday which most people thought was going to be the support or lowest price of the market as we were all bullish after Bitcoin ETF got approval from the security & exchange commission. The price of Bitcoin has recovered to trading above $40,000 but it might dip again therefore I'm writing this thread to advice the forum members not to panic. I haven't been too long in the industry as I started my journey recently but during my research and comparing Bitcoin prices before and after the halving, I noticed Bitcoin has never crossed the ATH before the halving but many people are thinking it'll do that this year rather I noticed that it always dips before the halving and that what is happening to the market therefore we shouldn't not be alarmed, this is what happens always from the history of Bitcoin and history always repeats in the market. Lets be guided and don't lose faith as the market is only dipping not crashing.

It is not moving the way we expected in the short term, a lot of speculations are being made and I see here few are right about the scenario of Bitcoin ETF being approved and there is not much difference. It's just that the expectations from the community keep attaching labels to events and considering it as a criterion to evaluate the trend. I know the market state is different now but price speculation is always really complicated, If we have faith in future price increases, we also learn to be patient. Why does halving have to be mandatory? Why do we have to force 2024?... there are many other events, but unintentionally it is just a way that I think the game manipulates prices so that participants lose their patience, and always doubt/believe in quitting advance the news.









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January 25, 2024, 05:45:43 PM
 #53

Since the approval of the Bitcoin ETF, many have speculated that the Bitcoin market is dumping, I say no, as Bitcoin holdings are only 86 days away. Before every bitcoin halving, the bitcoin market goes down, making this downtrend a great opportunity for investors to invest in bitcoin. Those who invested in Bitcoin at this year's peak of 48k, and those investing now, will not be disappointed. Bitcoin price will definitely increase after waiting for some time and after the halving period, the price of bitcoin will increase to the highest level. Be patient till 2025 you will surely succeed in your investment.
The market did really dump and we are talking about the ETF here which is different ( literally ) from the halving and maybe halving is different from it? I mean it may be the one that can truly pump this market. There are post-halving moments where the market is rising.

We already feel it last time or even up until now because the price we had last time is still lower than what we have now. Down trend or not, investing in BTC is welcome at any times because BTC value is high likely to pump in the future. But if you are not that patient enough to wait, you may get disappointed once you see a dump in the price and you see that your money is going down as well.

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January 25, 2024, 06:29:26 PM
 #54

Are you ready for Bitcoin's extreme low?
Since I am not a miner, short term investor or trader, I am definitely ready for new bitcoin lows. I would of cousre prefer if it doesn't happen, but if it does I will see it only as an opportunity to get more bitcoin via buying for cash and earning more more via signature campaign. Grin

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January 25, 2024, 07:02:59 PM
 #55

There's no need to panic. It's probably the last squeeze we see before the halving and the closer to April we get the more bullish people will be.

I am definitely ready for new bitcoin lows.

That's a strange sentence because new lows is something that always comes. I could bet you all my money that bitcoin will see new lows, it's just that these can be higher lows or lower lows.
Such predictions are meaningless because a new low is not a bad thing. To have highs you need lows, which are a part of every price action. Note that lows and corrections are also observed in the bull market.



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January 25, 2024, 07:35:30 PM
 #56

Didn't panic one bit, in fact I bought more ALT a few days ago using FIAT. No more rushing to see the current market conditions, and even my BTC is still intact. I want to see Bitcoin's condition for some more time. And to be able to keep up with the euphoria, I have to keep owning Bitcoin.

Until now, my assets have experienced a minus... but because I still believe in Bitcoin based on historical data, it has been even worse than today. This also includes halving cycles.
Price volatility is simply the process of reaching higher prices after a halving - so it is not natural for experienced holders to panic just because the price corrects. No need to panic - it's true, it's better to increase your portfolio to a larger one instead of thinking about its short-term volatility.

OP may be right - there was no ATH before the halving, but a big drop is not to be expected either. I don't expect bitcoin to lose much of its value before the halving - but selling pressure from the GBTC sell-off is likely to trigger the price to find new support.

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January 26, 2024, 04:36:11 PM
 #57

but during my research and comparing Bitcoin prices before and after the halving, I noticed Bitcoin has never crossed the ATH before the halving but many people are thinking it'll do that this year rather I noticed that it always dips before the halving and that is what is happening to the market therefore we shouldn't not be alarmed, this is what happens always from the history of Bitcoin and history always repeats in the market. Let's be guided and don't lose faith as the market is only dipping not crashing.
You have a point when you said we shouldn't panic since the market always reaches new ATH prices when the 4-year cycle is achieved but we should panic in the sense that the market is going to face market manipulation we haven't seen before. Although spot ETF will present more cash flow it will also come with BlackRock, Fidelity, etc manipulation which will make some holder sell their BTC to this organization this is the area I believe we should panic about.

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January 26, 2024, 04:59:23 PM
 #58

Bitcoin dip below $40,000 yesterday which most people thought was going to be the support or lowest price of the market as we were all bullish after Bitcoin ETF got approval from the security & exchange commission. The price of Bitcoin has recovered to trading above $40,000 but it might dip again therefore I'm writing this thread to advice the forum members not to panic. I haven't been too long in the industry as I started my journey recently but during my research and comparing Bitcoin prices before and after the halving, I noticed Bitcoin has never crossed the ATH before the halving but many people are thinking it'll do that this year rather I noticed that it always dips before the halving and that what is happening to the market therefore we shouldn't not be alarmed, this is what happens always from the history of Bitcoin and history always repeats in the market. Lets be guided and don't lose faith as the market is only dipping not crashing.
Breaking ATH before halving event didnt really happen every since on which those movements or if we do speak about bullish sentiment is something that could happen 7-9 months later after the work on which it would really be just that normal that those kind of price movement assumption had surely stick or stuck into our minds but it isnt really that bad for you to make yourself having those kind of versatility and having those kind of long patience on facing up these kind of problems.You would surely be getting against with other peoples views and other in line interest towards the price.

Bitcoin havent never been able to go past all time before halving or prehalving thing but well, we dont really know on what would happen in the future when it comes into this on which there
might be possibilities that there would be something those kind of new events but well it wont really be something that likely to happen.

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January 26, 2024, 06:11:24 PM
 #59

Price drop before halving is like having a big market sale before an event start.
People have different point of view or opinion on it, some would panic and sell when the price drops down while other would just hold or accumulate more.
We just need to be prepared on what is going to happen in crypto before and after the halving.



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January 26, 2024, 10:26:25 PM
Last edit: January 26, 2024, 10:42:17 PM by AmoreJaz
 #60

Didn't panic one bit, in fact I bought more ALT a few days ago using FIAT. No more rushing to see the current market conditions, and even my BTC is still intact. I want to see Bitcoin's condition for some more time. And to be able to keep up with the euphoria, I have to keep owning Bitcoin.

Until now, my assets have experienced a minus... but because I still believe in Bitcoin based on historical data, it has been even worse than today. This also includes halving cycles.
Price volatility is simply the process of reaching higher prices after a halving - so it is not natural for experienced holders to panic just because the price corrects. No need to panic - it's true, it's better to increase your portfolio to a larger one instead of thinking about its short-term volatility.

OP may be right - there was no ATH before the halving, but a big drop is not to be expected either. I don't expect bitcoin to lose much of its value before the halving - but selling pressure from the GBTC sell-off is likely to trigger the price to find new support.

if you are long enough in this market, you may experience panic but it can easily subside as you would know what to do with your portfolio. you should have contingencies and not stick to one option only. as the market is a very volatile one, it is quite a challenge to keep up with the market.

also, as any other investment, you should always remind yourself that never put all your eggs in one basket. so the saying goes. but it is very useful especially if one of your assets is on the brink of going down. and for sure, you will be on the panic mode if you happen to be relying on that investment. i guess, you will be sweating profusely if you are seeing your asset going downhill without hope of recovery.

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January 27, 2024, 06:28:45 AM
 #61

Bitcoin dip below $40,000 yesterday which most people thought was going to be the support or lowest price of the market as we were all bullish after Bitcoin ETF got approval from the security & exchange commission. The price of Bitcoin has recovered to trading above $40,000 but it might dip again therefore I'm writing this thread to advice the forum members not to panic. I haven't been too long in the industry as I started my journey recently but during my research and comparing Bitcoin prices before and after the halving, I noticed Bitcoin has never crossed the ATH before the halving but many people are thinking it'll do that this year rather I noticed that it always dips before the halving and that what is happening to the market therefore we shouldn't not be alarmed, this is what happens always from the history of Bitcoin and history always repeats in the market. Lets be guided and don't lose faith as the market is only dipping not crashing.
Only a newbie would panic in the current situation. We are in a great position, the price is quite high, the ETFs have been approved, the halving is just a few months away, what else could we ask for? I'm trying to buy a little more whenever I can, and if it goes down to $36-37k I'll try to buy even more, it would be a good news! I don't think we'll ever go below $30k again.

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January 27, 2024, 07:36:09 AM
 #62

Frankly, I feel that the shock comes from the fact that everyone was expecting the price to rise after the news of the ETF getting approval, or that the price would collapse if that approval was not obtained, but what happened is that the approval was obtained, and yet the price did not rise. The shock is more psychological than an analysis of the price.

Yes boss, what you said is true, the expectation was high when the ETF approval new break out, people started thinking that way but many were disappointed because the other way round happened, the thing is that this is bound to happened, personal I can't give despite that the market look strange at this time but I believe there is something extraordinary that wants to happen, the people that understand this event is the old folks in the business, there should be panic at this moment because this might be an opportunity for people to continue accumulating.

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January 27, 2024, 07:45:33 AM
 #63

op The Bitcoin market can fluctuate, so there is nothing to panic about because when the Bitcoin market goes down, there will be a buying opportunity for those interested in buying Bitcoin. When the price of Bitcoin goes up we may be able to sell it if we want so there is no need to panic that the Bitcoin market may fluctuate. But we can expect Bitcoin market to accelerate in 2024 which is expected to be very good for investors. Bitcoin buyers who want to buy can definitely buy when the price of Bitcoin goes down because the price of Bitcoin can definitely go up in 2024.

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January 27, 2024, 09:22:17 AM
 #64

~Snip
I noticed Bitcoin has never crossed the ATH before the halving but many people are thinking it'll do that this year rather I noticed that it always dips before the halving and that what is happening to the market therefore we shouldn't not be alarmed, this is what happens always from the history of Bitcoin and history always repeats in the market. Lets be guided and don't lose faith as the market is only dipping not crashing.
That's right, friend, there's no need to worry or hesitate when the price of bitcoin experiences a decline at this time. This is because the price decline that occurs in Bitcoin before the halving is a cycle that always occurs every 4 years. Because before this halving, many bitcoin investors will definitely sell their bitcoins first. The goal is so that they can buy back bitcoin if a correction occurs. Maybe because of this, Bitcoin always experiences a decline in price first when the Halving is coming. But as far as I know, the price decline that occurs before the Bitcoin halving occurs, is usually not too deep. Because if you look at market sentiment, investors who often sell and buy always have the same strength. So there's no need to worry if Bitcoin is currently experiencing frequent corrections.

And when talking about ATH, it seems a bit difficult for Bitcoin to touch ATH before the halving occurs. Never mind before the halving occurs, even after the halving occurs Bitcoin still takes quite a long time to reach ATH. A big example is the bitcoin halving that occurred in 2020. At that time, bitcoin took around 18 months (1.5 years) to reach its ATH. So you could say that ATH before the halving occurs is very unlikely. So if anyone thinks that's going to happen, I think they have to hope for a very long time. Grin

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January 27, 2024, 01:20:47 PM
Merited by Aanuoluwatofunmi (2), promise444c5 (1)
 #65

It is good that you admitted to be new in crypto because what you have told us here is already in the table for many years, it is indeed that never that bitcoin crossed ATH before halving but also remember that we have not experienced ETF before those years so that is the reason but now that we have already approved ETF there are different scenario that may take place.

We mightn't have experienced Bitcoin ETF in the beginning of other bull market but we had other things that were as big like the Bitcoin ETF for it to have the same impact. Or are you saying that the Bitcoin EFT is the first big news we're having. Alot of hype was put on the Bitcoin ETF and many people thought the price of Bitcoin was going to start rising and pass the last all time high before the halving but the market isn't going as they predicted. Things aren't going to be different, Bitcoin will get to a new all time high but it'll be after the halving is completed therefore we shouldn't be expecting it to happen before halving or we'll get disappointed. Bitcoin ETF approval is just one of the things that'll influence the market in this bull run, there will be other things.

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January 27, 2024, 04:29:12 PM
 #66

I noticed Bitcoin has never crossed the ATH before the halving but many people are thinking it'll do that this year rather I noticed that it always dips before the halving and that what is happening to the market therefore we shouldn't not be alarmed, this is what happens always from the history of Bitcoin and history always repeats in the market. Lets be guided and don't lose faith as the market is only dipping not crashing.

Well, anyone that have gone through the history of bitcoin will know that bitcoin always dips prior to a new halving, and after the halving a new all time high of bitcoin is formed. For those that are panicking and assumed that bitcoin will witness a new all time-high before the halving is because of the big major player that was coming into the market; the bitcoin spot ETF. The market has proven once more that it is above all odds and can resist any speculation that will make the market move in a different path than it has been moving on since its inception.

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January 27, 2024, 07:31:51 PM
 #67

Bitcoin price history might certainly bring some significance at present or in the future. However, we can’t also guarantee that price may repeat itself this time, or it could be the other way around. But whatever it is, bitcoin investors should not resort into panicking. That will only lost his focus on his investment or on his trades that will lead him to an unexpected loss.

For the mean time, just observe the market. Bitcoin price may suddenly drop or move upward, and that’s normal due to its volatility. That’s why before you decide to invest in bitcoin, make sure you don’t easily faint if sudden price crash starts to appear.

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January 27, 2024, 07:57:54 PM
 #68

Bitcoin price history might certainly bring some significance at present or in the future. However, we can’t also guarantee that price may repeat itself this time, or it could be the other way around. But whatever it is, bitcoin investors should not resort into panicking. That will only lost his focus on his investment or on his trades that will lead him to an unexpected loss.

For the mean time, just observe the market. Bitcoin price may suddenly drop or move upward, and that’s normal due to its volatility. That’s why before you decide to invest in bitcoin, make sure you don’t easily faint if sudden price crash starts to appear.
Majority would really be that loving to see those past events or simply with its history which we would really be always loving to connect out on whats the current happening within the market or even trying to connect it up into the future on which it would really be that something normal to happen on this space on which it isnt really just that limited to Bitcoin but also in other altcoins as well on which people would really be always loving on having those connections and making out their speculative approach towards it. Going back into the focus on speaking about never passing ATH before halving then it is true yet it didnt really happen into those past
pre-halving event but there's no assurance that it wont really be able to happen for this upcoming one but speaking realistically on which we've seen that we are already few months left for the halving event
and we arent going near the ATH so it is really that safe to assume on what would happen likely.

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January 28, 2024, 02:11:33 AM
 #69

That's true I also think with the same way. Everyone who ate taking panic for dips they should claim down untill the end of halving season. There was much time for starting bitcoin halving so dips will be also there better to take stay focused and observing market and use the proper time for investing. But who are thinking about to do long-term trading they should stay on adoption by maintaining the DCA method.

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January 28, 2024, 02:19:32 AM
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Volatility is a normal situation, the fear is that if large institutions carry out sell-offs like yesterday, we are still grateful that this action only lasts for one day. If it continues, it will make market players depressed and start doing the same thing. Indeed, many are waiting for the halving at this time and in preparation many are starting to convert to other coins that are not BTC.

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January 31, 2024, 01:37:46 PM
 #71

op The Bitcoin market can fluctuate, so there is nothing to panic about because when the Bitcoin market goes down, there will be a buying opportunity for those interested in buying Bitcoin. When the price of Bitcoin goes up we may be able to sell it if we want so there is no need to panic that the Bitcoin market may fluctuate. But we can expect Bitcoin market to accelerate in 2024 which is expected to be very good for investors. Bitcoin buyers who want to buy can definitely buy when the price of Bitcoin goes down because the price of Bitcoin can definitely go up in 2024.

Sure, fluctuation is part of the market, buying when it is dip is not always the case, in that aspect don't wait until it is dip to buy, just buy when you are financially inclined, bitcoin market is not for panickers, it is created for stable minds that understands the market, bitcoin price is unstable in nature and predicting it's movement is very difficult and because this, we should buy at any given time because no one knows what the price will be in the next minute, you said something about potential buyers buying when the price dip, bitcoin can dip at anytime, is it not better to keep accumulating in small scale and keep waiting for the total dip which may not be as expected.

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February 01, 2024, 03:03:12 AM
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Bitcoin has never attained a new all-time high during the halving process. However, prices typically surge after a halving event has concluded. In other words, bitcoin prices are not expected to reach new heights by 2024. Nonetheless, bitcoin's price may attain its current all-time high by 2025.

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February 01, 2024, 04:34:12 AM
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The fourth halving of Bitcoin will begin in April 2024 and the Bitcoin market usually falls before the halving. Since Bitcoin is guaranteed to be pumped to the max after the halving, the Bitcoin market may not be bullish before April. There is no reason to despair if the Bitcoin market goes down but wait and be prepared for the Bitcoin ATH.

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February 01, 2024, 08:03:31 AM
 #74

That's something that we all should be waiting for and not panicking for, the only time that I'd be panicking when that happens is when I don't know where to get the money to buy bitcoin and I have a hard time finding one, that's my only panic when dips happen and I believe that it should be our only excusable panic too but not too panicky so as to not go to a desperate measure when trying to find a money to buy bitcoin. The supposed dip is the reason why I'm saving up my money right now and tightening my belt as much as I can so I can buy as much bitcoin as I can in the case that it goes down again and so I can get a great amount of bitcoin for what could be a bad amount if I were to buy right now. Also worth noting that bitcoin doesn't go up after halving as quickly as you think it should, that's not how the market has worked before, there's evidence so make sure not to get too excited when halving happens because you might be in for a surprise.



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February 01, 2024, 12:41:26 PM
 #75

The fourth halving of Bitcoin will begin in April 2024 and the Bitcoin market usually falls before the halving. Since Bitcoin is guaranteed to be pumped to the max after the halving, the Bitcoin market may not be bullish before April. There is no reason to despair if the Bitcoin market goes down but wait and be prepared for the Bitcoin ATH.

I have the opposite view on the market compared to you, I believe we will soon see the market recover and grow again next February. Because the halving is believed to be a strong catalyst for bitcoin's price increase, it was chosen as the reason and will help market makers create new stories to seek to attract newbies, and new money flows into the market. Like how they created the ETFs story to push bitcoin to $48k and then profit.

Furthermore, halving is the point at which miners will have to sell their bitcoins to cover their mining. Therefore, bitcoin needs to increase in price before the halving takes place to attract new investors as well as become new liquidity for the market.

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February 01, 2024, 03:38:14 PM
 #76

And when talking about ATH, it seems a bit difficult for Bitcoin to touch ATH before the halving occurs. Never mind before the halving occurs, even after the halving occurs Bitcoin still takes quite a long time to reach ATH. A big example is the bitcoin halving that occurred in 2020. At that time, bitcoin took around 18 months (1.5 years) to reach its ATH. So you could say that ATH before the halving occurs is very unlikely. So if anyone thinks that's going to happen, I think they have to hope for a very long time. Grin

Yeah but I don't this time we'll have to wait for that long of a time for Bitcoin to be tracing above it's previous ATH. Last bull market came during a time the whole was in lockdown. The pandemic cause everything to be difficult and people didn't have money to spare, every individual was holding their money because they didn't know if the pandemic will continue and cause more hardship and it has been long the world was in that type of recession therefore everybody was only being cautious. This time more money is coming into the market and more people are getting to know about Bitcoin therefore they'll be buying too. The ATH will come after the halving but it won't take very long and that's my opinion.

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February 01, 2024, 03:58:20 PM
 #77

And when talking about ATH, it seems a bit difficult for Bitcoin to touch ATH before the halving occurs. Never mind before the halving occurs, even after the halving occurs Bitcoin still takes quite a long time to reach ATH. A big example is the bitcoin halving that occurred in 2020. At that time, bitcoin took around 18 months (1.5 years) to reach its ATH. So you could say that ATH before the halving occurs is very unlikely. So if anyone thinks that's going to happen, I think they have to hope for a very long time. Grin

Yeah but I don't this time we'll have to wait for that long of a time for Bitcoin to be tracing above it's previous ATH. Last bull market came during a time the whole was in lockdown. The pandemic cause everything to be difficult and people didn't have money to spare, every individual was holding their money because they didn't know if the pandemic will continue and cause more hardship and it has been long the world was in that type of recession therefore everybody was only being cautious. This time more money is coming into the market and more people are getting to know about Bitcoin therefore they'll be buying too. The ATH will come after the halving but it won't take very long and that's my opinion.
We are all free to think and come up with our own opinion but the facts remains that nobody can predict when the bull run will come in this circle. This was how most people thought that after the approval of bitcoin ETF, the price will continue to skyrocket nut it didn't play out that way. We cannot use bitcoin history to predict the future accurately, because 2020, and 2021 is different from 2024 and 2025, since a lot has changed. Some say that the bull run will come in the last quarter of this year and some said it will be next year, so let us relax and fill up our bags now that the price is affordable, and wait for the right time that the bull will appear.

R


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February 01, 2024, 07:30:33 PM
 #78

Bitcoin dip below $40,000 yesterday which most people thought was going to be the support or lowest price of the market as we were all bullish after Bitcoin ETF got approval from the security & exchange commission. The price of Bitcoin has recovered to trading above $40,000 but it might dip again therefore I'm writing this thread to advice the forum members not to panic. I haven't been too long in the industry as I started my journey recently but during my research and comparing Bitcoin prices before and after the halving, I noticed Bitcoin has never crossed the ATH before the halving but many people are thinking it'll do that this year rather I noticed that it always dips before the halving and that what is happening to the market therefore we shouldn't not be alarmed, this is what happens always from the history of Bitcoin and history always repeats in the market. Lets be guided and don't lose faith as the market is only dipping not crashing.
Only a newbie would panic in the current situation. We are in a great position, the price is quite high, the ETFs have been approved, the halving is just a few months away, what else could we ask for? I'm trying to buy a little more whenever I can, and if it goes down to $36-37k I'll try to buy even more, it would be a good news! I don't think we'll ever go below $30k again.
The price didnt really correct or having that pullbacks that much considering that we are now on post halving season on which majority of those people who do have already the experience on previous cycles
had been already anticipating that there would really be some nasty drops before the halving season and also comes after it on which it would really be just that normal that people would really be aiming for that one
considering that this would really be the most sweetest entry that you could have before this market would really be shooting up into the moon.Well, theres no guarantee as always since no one could ever
predict on where the price would be going on which we do know that market sentiment could neither goes the same into that path or would really be acting different this time.

This is why as an investor then there's no guarantee that you could really be able to make yourself that making out some assurance that you are doing the right way or guaranteed thing.
Always consider up yourself to be versatile and adaptive on whatever possible situations could happen.

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February 01, 2024, 08:08:19 PM
 #79

Bitcoin has never attained a new all-time high during the halving process. However, prices typically surge after a halving event has concluded. In other words, bitcoin prices are not expected to reach new heights by 2024. Nonetheless, bitcoin's price may attain its current all-time high by 2025.
What you say is only based on the facts of the previous halving in Bitcoin, but no one can imagine that Bitcoin could soar and be at a new high price this year. Because the so-called price increase can also occur at any time as long as there is an effect that can provide a boost to the price of Bitcoin in the market, for example, there are still investors and traders who are still happy to use their capital to continue buying Bitcoin before the halving or before next year.

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February 01, 2024, 09:40:33 PM
 #80

Only a newbie would panic in the current situation. We are in a great position, the price is quite high, the ETFs have been approved, the halving is just a few months away, what else could we ask for? I'm trying to buy a little more whenever I can, and if it goes down to $36-37k I'll try to buy even more, it would be a good news! I don't think we'll ever go below $30k again.
Give us benefit when having many people panic for selling their bitcoin after drastically drop since ETFs approval announcement, have buy back when bitcoin get correction under $40k last several days and no doubt with bitcoin potential in the next time halving left few months later. However viewed of some opinion about bitcoin have moment raise to highest price after halving but its not problem for me keep accumulate and hold bitcoin until halving time arrive and looking the bitcoin potential will raise higher price or need waiting after halving with bitcoin on the top price.

I have the opposite view on the market compared to you, I believe we will soon see the market recover and grow again next February. Because the halving is believed to be a strong catalyst for bitcoin's price increase, it was chosen as the reason and will help market makers create new stories to seek to attract newbies, and new money flows into the market. Like how they created the ETFs story to push bitcoin to $48k and then profit.
At the end last month bitcoin more dominance with correction and I have the same opinion with you about February is moment for bitcoin recovering raise to higher price. Left two months before halving actually get close potential bitcoin easily recovery and raise more than last month highest price to $47k.

R


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February 02, 2024, 01:46:13 PM
 #81

After failing the expectation from ETF approval, people then wondered if the halving would be able to raise the price of Bitcoin.

But I have never felt any worries about it because since I experienced halving, the market never fails our expectation but it brings the price to another ATH after. Panic is just the result of our doubtful minds, so why not change it and believe that the price of Bitcoin will soon rise? In fact, it was shown and proven already that it has risen after halvings in the past years. But if we are an impatient person, negative thinking is always on our minds and it influences our decisions and market views.


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February 02, 2024, 02:07:14 PM
 #82

Bitcoin has never pass ATH before halving but it has always dip don't panic.
Bitcoin has a history that always makes users curious, not panicked, there is a lot of speculation comparing what will happen in the future, Either before the halving, we will definitely know the level of understanding of the ATH value that will occur next, we understand and understand the meaning of the halving and the new ATH value that is likely to occur.

In understanding existing speculation, it is clear that ATH and halving are two value systems that investors and Bitcoin users have always wanted from every four years, therefore the current decline in Bitcoin indicates a good opportunity for Bitcoin users to buy and sell at the new ATH, it's not a big problem for the decline to not cause panic, it's actually getting better in every way, especially for Bitcoin.

R


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February 02, 2024, 02:11:18 PM
 #83

Bitcoin investors don't need to panic when Bitcoin experiences a decline of several percent in the next few months because this is normal when the halving approaches. Just wait and hold, if necessary, continue to gradually increase your investment in Bitcoin while continuing to see how the market conditions are. There's no need to panic because panic will actually make you make wrong decisions and that will result in losses.

R


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February 02, 2024, 04:20:16 PM
 #84

After failing the expectation from ETF approval, people then wondered if the halving would be able to raise the price of Bitcoin.

But I have never felt any worries about it because since I experienced halving, the market never fails our expectation but it brings the price to another ATH after. Panic is just the result of our doubtful minds, so why not change it and believe that the price of Bitcoin will soon rise? In fact, it was shown and proven already that it has risen after halvings in the past years. But if we are an impatient person, negative thinking is always on our minds and it influences our decisions and market views.


For sure lots of people or investors had really that kind of disappointment with that ETF approval on which they've been that expecting too much or really that too positive with this manner on which they are expecting for the price to moon after approval, but we've seen that the result is really just that totally different on what we have anticipated. This is why i cant blame out those people who do have those kind of disappointment on which im one of those people who had been that expecting for that positive movement in the market and honestly my long position in futures did liquidated because of that market down or decrease on which
you could really say that this is a shit situation. lol

As for talking about ATH before halving then it didnt happen if we do tend to compare or look on previous halving season. It would really be always that after the halving of Bitcoin
on which it would really be counting some couple of months or lets say 5-6months after. We cant really be able to tell if it would really be that on similar
with the upcoming bull run and this is why it would be best that you should really know on how to make up some wise decisions.

R


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February 03, 2024, 08:38:42 PM
 #85

Bitcoin investors don't need to panic when Bitcoin experiences a decline of several percent in the next few months because this is normal when the halving approaches. Just wait and hold, if necessary, continue to gradually increase your investment in Bitcoin while continuing to see how the market conditions are. There's no need to panic because panic will actually make you make wrong decisions and that will result in losses.
That is true, bitcoin has always been a thing that had drops here and there, which means that we have to accept the fact that sometimes we are going to see it drop, just because it had a drop doesn't mean that it is going to end up with a lower price for a good time.

It could drop and then recover and go back up very quickly, we just have to wait for that to happen, if we can wait for that to happen then we are going to end up with a good return here and there. Obviously this is going to take some time and we need to end up with a return that has to be a little bit different, when that happens it is going to end up with a situation where life will not be all that simple, and it will cause it to have some panic for some people.

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February 03, 2024, 11:40:37 PM
 #86

History may not always repeat itself so we should not always expect what had happened in the past might be the same thing may happen for now. Sometimes, fate even brings us to where our faith will be tested. The key here is to be more open for both sides, we might see bitcoin price suddenly dropping its price or we will witness a new all time high when we least expect it. While bitcoin halving is obviously following a process, but it never guarantees that what we see at the moment is just the same on what we experienced in the past.

However, I’m not telling everyone not to be hopeful about bitcoin halving, but let’s be cautious this time that we won’t end up selling at a loss just because we never met our expectations. Bitcoin halving is a special event for bitcoin, but seeing the final bull run is what we’ve all been waiting for to witness.

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February 03, 2024, 11:49:19 PM
 #87

I'm excited for some fresh panic caused by foreseeable news and events, like FTX claim repayments, like MtGox claimants finally getting their money, like manipulation by the ETF proposers to shake out the/40k+ buyers so that they can rebuy cheaper.

Meanwhile, normies are getting excited for the beloved halving a little too early, not expecting a near term drop. Open long positions are extremely high, and they'll of course be liquidated at the right time.

How good would it be if we got a sudden drop to 10-25k and then bounced back to 40k+ only one or two months following??
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February 06, 2024, 01:46:54 PM
 #88

The fourth halving of Bitcoin will begin in April 2024 and the Bitcoin market usually falls before the halving. Since Bitcoin is guaranteed to be pumped to the max after the halving, the Bitcoin market may not be bullish before April. There is no reason to despair if the Bitcoin market goes down but wait and be prepared for the Bitcoin ATH.
I have the opposite view on the market compared to you, I believe we will soon see the market recover and grow again next February. Because the halving is believed to be a strong catalyst for bitcoin's price increase, it was chosen as the reason and will help market makers create new stories to seek to attract newbies, and new money flows into the market. Like how they created the ETFs story to push bitcoin to $48k and then profit.

Furthermore, halving is the point at which miners will have to sell their bitcoins to cover their mining. Therefore, bitcoin needs to increase in price before the halving takes place to attract new investors as well as become new liquidity for the market.
That is what I think as well, I think it will keep on growing higher. But not like I am not ready for anything else neither, like if it drops, I would be still fine because I know and believe that it will keep on going higher and it will do fine. I think that's the most important part, we should be considering the situation to be a lot better and a lot more clear, we need to end up with a lot better result here and there.

We need to consider the best thing to do in this regard would be just making sure that we are going to end up with a much worse situation if we are not careful. So all in all, I think the best thing to do would be making sure that we are going to end up with a greater return if we know what we are doing.

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February 06, 2024, 01:58:25 PM
 #89

The fourth halving of Bitcoin will begin in April 2024 and the Bitcoin market usually falls before the halving. Since Bitcoin is guaranteed to be pumped to the max after the halving, the Bitcoin market may not be bullish before April. There is no reason to despair if the Bitcoin market goes down but wait and be prepared for the Bitcoin ATH.
I have the opposite view on the market compared to you, I believe we will soon see the market recover and grow again next February. Because the halving is believed to be a strong catalyst for bitcoin's price increase, it was chosen as the reason and will help market makers create new stories to seek to attract newbies, and new money flows into the market. Like how they created the ETFs story to push bitcoin to $48k and then profit.

Furthermore, halving is the point at which miners will have to sell their bitcoins to cover their mining. Therefore, bitcoin needs to increase in price before the halving takes place to attract new investors as well as become new liquidity for the market.
That is what I think as well, I think it will keep on growing higher. But not like I am not ready for anything else neither, like if it drops, I would be still fine because I know and believe that it will keep on going higher and it will do fine. I think that's the most important part, we should be considering the situation to be a lot better and a lot more clear, we need to end up with a lot better result here and there.

We need to consider the best thing to do in this regard would be just making sure that we are going to end up with a much worse situation if we are not careful. So all in all, I think the best thing to do would be making sure that we are going to end up with a greater return if we know what we are doing.
The main difference into those people who do have actually that real market experience comparing into those newly engaged noobs out there is that you've been wary about into those movements wayback or incomparable into those previous cycles on which if you do make yourself wary then you do already have the idea on what you should gonna do but on the time that this is really just that your first time, then you would really be generating tons of ideas and what ifs into your mind. Well, these are the things that do really spice up the investments that you are making on which not really be able to know on what the market behavior that it would really be looking like on the upcoming couple of months. We are nearly on that halving period but the price isnt really that just moving up that fast but rather it do make out some declines instead.

Not to panic is really just that a simple word that you could really be able to mention on but on the time that you are on such condition nor situation, then it would really be that
hard to control ones self not unless if you do have that certain experience then it could be possibly not be too hard.

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February 06, 2024, 04:05:06 PM
 #90

Good reminder and it's always a good thing to continue with your usual DCA routine and if you ever feel like the price of bitcoin is going to go down, just wait and see if it dips and then buy a lot of it so you're getting more value but still do a disciplined DCA just in case the price will go down more, I hope that there's less newbies that will fall for this and that a lot of people that's been here for a long time should remind their friends about this too so they can at least help out even just a little.



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February 07, 2024, 08:01:12 AM
 #91

The fourth halving of Bitcoin will begin in April 2024 and the Bitcoin market usually falls before the halving. Since Bitcoin is guaranteed to be pumped to the max after the halving, the Bitcoin market may not be bullish before April. There is no reason to despair if the Bitcoin market goes down but wait and be prepared for the Bitcoin ATH.
I have the opposite view on the market compared to you, I believe we will soon see the market recover and grow again next February. Because the halving is believed to be a strong catalyst for bitcoin's price increase, it was chosen as the reason and will help market makers create new stories to seek to attract newbies, and new money flows into the market. Like how they created the ETFs story to push bitcoin to $48k and then profit.

Furthermore, halving is the point at which miners will have to sell their bitcoins to cover their mining. Therefore, bitcoin needs to increase in price before the halving takes place to attract new investors as well as become new liquidity for the market.
That is what I think as well, I think it will keep on growing higher. But not like I am not ready for anything else neither, like if it drops, I would be still fine because I know and believe that it will keep on going higher and it will do fine. I think that's the most important part, we should be considering the situation to be a lot better and a lot more clear, we need to end up with a lot better result here and there.

We need to consider the best thing to do in this regard would be just making sure that we are going to end up with a much worse situation if we are not careful. So all in all, I think the best thing to do would be making sure that we are going to end up with a greater return if we know what we are doing.

Not to panic is really just that a simple word that you could really be able to mention on but on the time that you are on such condition nor situation, then it would really be that
hard to control ones self not unless if you do have that certain experience then it could be possibly not be too hard.

Not unless if you are aiming to be hodling for a long time or if you simply love hodling bitcoin like it is part of your retirement plan.
The easiest person I could determine who's most likely going to panic during huge corrections are those who are chasing to make good profit in a short period of time.
Traders do enjoy huge price swings as they can make profit whichever way bitcoin goes.
Nevertheless, real bitcoin enthusiast does not really panic, instead they fill their bag even more.

R


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February 07, 2024, 05:09:48 PM
 #92

The fourth halving of Bitcoin will begin in April 2024 and the Bitcoin market usually falls before the halving. Since Bitcoin is guaranteed to be pumped to the max after the halving, the Bitcoin market may not be bullish before April. There is no reason to despair if the Bitcoin market goes down but wait and be prepared for the Bitcoin ATH.
I have the opposite view on the market compared to you, I believe we will soon see the market recover and grow again next February. Because the halving is believed to be a strong catalyst for bitcoin's price increase, it was chosen as the reason and will help market makers create new stories to seek to attract newbies, and new money flows into the market. Like how they created the ETFs story to push bitcoin to $48k and then profit.

Furthermore, halving is the point at which miners will have to sell their bitcoins to cover their mining. Therefore, bitcoin needs to increase in price before the halving takes place to attract new investors as well as become new liquidity for the market.
That is what I think as well, I think it will keep on growing higher. But not like I am not ready for anything else neither, like if it drops, I would be still fine because I know and believe that it will keep on going higher and it will do fine. I think that's the most important part, we should be considering the situation to be a lot better and a lot more clear, we need to end up with a lot better result here and there.

We need to consider the best thing to do in this regard would be just making sure that we are going to end up with a much worse situation if we are not careful. So all in all, I think the best thing to do would be making sure that we are going to end up with a greater return if we know what we are doing.

Not to panic is really just that a simple word that you could really be able to mention on but on the time that you are on such condition nor situation, then it would really be that
hard to control ones self not unless if you do have that certain experience then it could be possibly not be too hard.

Not unless if you are aiming to be hodling for a long time or if you simply love hodling bitcoin like it is part of your retirement plan.
The easiest person I could determine who's most likely going to panic during huge corrections are those who are chasing to make good profit in a short period of time.
Traders do enjoy huge price swings as they can make profit whichever way bitcoin goes.
Nevertheless, real bitcoin enthusiast does not really panic, instead they fill their bag even more.

If you are someone whose really have those kind of mindset or plans on holding your coins for long term then its true that you wont really be finding yourself to be that
having any issues with these kind of events that happen around on which you wouldnt really just that care and would really be that proceed on what are the actions that you are taking on.
Speaking about Bitcoins price wont be able to reach out an ATH before halving event then this had been the typical things that we've seen on previous cycles.
It couldnt might or doesnt look like that it would be shooting up but rather it would really be doing into that gradual manner.

It is really just that people are really that too impatient for this. This is why regrets would really be there and this is something that should really be realized
along the way.

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February 08, 2024, 03:55:21 AM
 #93

The fourth halving of Bitcoin will begin in April 2024 and the Bitcoin market usually falls before the halving. Since Bitcoin is guaranteed to be pumped to the max after the halving, the Bitcoin market may not be bullish before April. There is no reason to despair if the Bitcoin market goes down but wait and be prepared for the Bitcoin ATH.
I have the opposite view on the market compared to you, I believe we will soon see the market recover and grow again next February. Because the halving is believed to be a strong catalyst for bitcoin's price increase, it was chosen as the reason and will help market makers create new stories to seek to attract newbies, and new money flows into the market. Like how they created the ETFs story to push bitcoin to $48k and then profit.

Furthermore, halving is the point at which miners will have to sell their bitcoins to cover their mining. Therefore, bitcoin needs to increase in price before the halving takes place to attract new investors as well as become new liquidity for the market.
That is what I think as well, I think it will keep on growing higher. But not like I am not ready for anything else neither, like if it drops, I would be still fine because I know and believe that it will keep on going higher and it will do fine. I think that's the most important part, we should be considering the situation to be a lot better and a lot more clear, we need to end up with a lot better result here and there.

We need to consider the best thing to do in this regard would be just making sure that we are going to end up with a much worse situation if we are not careful. So all in all, I think the best thing to do would be making sure that we are going to end up with a greater return if we know what we are doing.

Not to panic is really just that a simple word that you could really be able to mention on but on the time that you are on such condition nor situation, then it would really be that
hard to control ones self not unless if you do have that certain experience then it could be possibly not be too hard.

Not unless if you are aiming to be hodling for a long time or if you simply love hodling bitcoin like it is part of your retirement plan.
The easiest person I could determine who's most likely going to panic during huge corrections are those who are chasing to make good profit in a short period of time.
Traders do enjoy huge price swings as they can make profit whichever way bitcoin goes.
Nevertheless, real bitcoin enthusiast does not really panic, instead they fill their bag even more.

If you are someone whose really have those kind of mindset or plans on holding your coins for long term then its true that you wont really be finding yourself to be that
having any issues with these kind of events that happen around on which you wouldnt really just that care and would really be that proceed on what are the actions that you are taking on.
Speaking about Bitcoins price wont be able to reach out an ATH before halving event then this had been the typical things that we've seen on previous cycles.
It couldnt might or doesnt look like that it would be shooting up but rather it would really be doing into that gradual manner.

It is really just that people are really that too impatient for this. This is why regrets would really be there and this is something that should really be realized
along the way.
We do really have those drops before and after the halving event, im already expecting that there would really be those opposite outcomes onr market sentiments which would happen within this time frame on which majority of people would be already expecting that there would really be a  surge in price specially to those noobs who havent been able to experience their first bull run, but for those who do have that experience the pretty sure that they've been aware on wht would happen most likely but same as you said that there would be no guarantees that it would be happening on the same scenarion just like on the previous one on which
now that institutional funds are flowing into this market then this might be changing up the story quite a bit. This is why actions been made would really be that different to each other since each does have their
own level of awareness and knowledge about these things.

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February 08, 2024, 06:02:23 PM
 #94

Realizing the patterns gives people a chance to feel comfortable when something goes "wrong" but you expected it. For example this one, it shows that the price could dip, so when it does dip, we should feel more comfortable about it because we knew the possibilities and that's the most important part.

I feel like it would be very important situation since if you didn't know this pattern then you would be scared right before the halving when the price goes down, and we shouldn't really have anything like that. We should feel more comfortable about it. I think the price will dip once more, it will go down but nothing too big, probably a little under 40k again and then it will start to go back up and after that it will be fine for a long time.

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February 09, 2024, 01:57:53 PM
 #95

there is no need to worry when the price of bitcoin decreases when it approaches the halving, because it is a natural correction

What is a natural correction here?

Bumping this cause it's becoming pretty interesting!  Grin
So if the correction one week ago to 38 500 was NATURAL, and it was returning to it's actual price then this jump to 48000 is completely fake , right?  Grin

I just love how when the price goes down everywhere is saying it's all natural, expect it to get lower, the actual price is below that, there is resistance, but when it jumps suddenly there is nothing left to worry about even without anything major happening and out of the blue a 2x price is pretty natural and normal just one week after. The instant change from the cope tube to helium and writing of new rules and cycles as well as drawing new lines on TA that are showing whey we're doing this like there would even be a real explanation in it is just out of the scale funny!

I think the price will dip once more, it will go down but nothing too big, probably a little under 40k again and then it will start to go back up and after that it will be fine for a long time.

One day later, are you still standing by your prediction?  Grin
Because suddenly going back to under 40k is not a small dip anymore! Cheesy

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danadc
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February 10, 2024, 02:40:37 AM
 #96

The bad thing about saying and thinking this thing is that it becomes a habit for those who know less. Many expect bitcoin to rise in price, but beforehand it was said that the price would not rise all at once but rather in 33 or 4 months. , but people believed that the price would go up once the ETF would have approval, because things didn't work like that, when there are no positive movements in bitcoin it always takes time, the last Halving did not increase the price of bitcoin all at once but to time, but since the sperosan always expects fast movement, that impatience is what punishes them and makes them make wrong decisions, and that has to be controlled.

Bitcoin and the market are always going to do things that we do not understand, but we have to see a lot of articles, see the potential analysis, do an investigation of when the analysts of the last halving came up with the prediction that it was, that is something very subjective , we have to do things thinking about what is best for our investment, but you must believe in Bitcoin, not have doubts about anything.

R


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lepbagong
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February 11, 2024, 02:50:52 AM
 #97

Good reminder and it's always a good thing to continue with your usual DCA routine and if you ever feel like the price of bitcoin is going to go down, just wait and see if it dips and then buy a lot of it so you're getting more value but still do a disciplined DCA just in case the price will go down more, I hope that there's less newbies that will fall for this and that a lot of people that's been here for a long time should remind their friends about this too so they can at least help out even just a little.
Always providing motivation so as not to be careless or give up on continuing the DCA routine is something that is highly appreciated, because that way one day we will gain value, which is certainly something you can desire.I agree that if the price of Bitcoin goes down, it's actually a blessing to continue to gain more savings, which can be done, but by not forgetting to continue to carry out DCA well.I think many people already know and will continue to provide this information because it is for the good too. Don't give up and keep doing it as long as it is for the good of many people.

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March 05, 2024, 03:56:59 PM
 #98

I noticed Bitcoin has never crossed the ATH before the halving but many people are thinking it'll do that this year rather I noticed that it always dips before the halving and that what is happening to the market therefore we shouldn't not be alarmed, this is what happens always from the history of Bitcoin and history always repeats in the market.

Lol, so not even two months later how does that history always repeats itself theory hold?
Pretty bad, right?

Not only did we break the ATH but it also surge before the halving again invalidating two "always" theories!

I always told people not to judge the future based on past experience, but some are still stuck in the mentality that if it happens twice it can happened 1000 times and there won't be any variable whatsoever. Well, it was time those theories of NEVER and ALWAYS to be thrown in the garbage! I would personally love to see the pump going beyond eveything right now and then to have a bearish season after the halving just to teach some that the future is not built on past patterns!


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kentrolla
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March 05, 2024, 06:22:52 PM
 #99

I noticed Bitcoin has never crossed the ATH before the halving but many people are thinking it'll do that this year rather I noticed that it always dips before the halving and that what is happening to the market therefore we shouldn't not be alarmed, this is what happens always from the history of Bitcoin and history always repeats in the market.

Lol, so not even two months later how does that history always repeats itself theory hold?
Pretty bad, right?

Not only did we break the ATH but it also surge before the halving again invalidating two "always" theories!

I always told people not to judge the future based on past experience, but some are still stuck in the mentality that if it happens twice it can happened 1000 times and there won't be any variable whatsoever. Well, it was time those theories of NEVER and ALWAYS to be thrown in the garbage! I would personally love to see the pump going beyond eveything right now and then to have a bearish season after the halving just to teach some that the future is not built on past patterns!



I feel this is for me as I have been a flag bearer of "history always repeats itself" I have been proven wrong in seperate incidents one when there was no market crash in the month of December wherein I speculated it to be as per the last few years trend and the second one being the fact that ATH cannot be breached before halving and one more was there would be a correction phase before bull run. I think we can never expect anything based on past as it's way too dynamic and the only thing constant here is change.









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March 31, 2024, 02:06:24 PM
 #100

Bitcoin will definitely go back to the dip for massive purchases but those wise investors will sell at the top and us e it to buy at the dip again as others have also said. Bitcoin now as the time of typing is $70,725.50 and the price is still on the high. And the price might not come down again within the halving Period. And to my country brothers and sisters now that the naira is appreciating against the dollar this is one of the best time to sell and if dollar drastically lost it value then you will also lose some percentage of your bitcoin investment because we are not using dollar in the country so be smart in your investment.
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April 01, 2024, 03:37:09 AM
 #101

Frankly, I feel that the shock comes from the fact that everyone was expecting the price to rise after the news of the ETF getting approval, or that the price would collapse if that approval was not obtained, but what happened is that the approval was obtained, and yet the price did not rise. The shock is more psychological than an analysis of the price.

You know one thing people are yet to understand they feel like bitcoin can easily bow down to FOMO just like that, they were people that even thought that with the ETF approval the government has a gate pass to manipulating the bitcoin price but now bitcoin seems to be defeating those cases. At first I knew bitcoin will actually raise after the approval because the hype around it was just too much for it not to react but I was predictive that as definitely a bull trap and nothing more, now we have a chance once more to accumulate.

Well if gonna based on historical past of bitcoin movement then you are right. But its quite hard to predict everything especially the bitcoin etf was just approved this year in spite of all those previous years that it has been struggling to be with. But this approach is a step forward for more adoption introduction to a wider scope of users and not just crypto enthusiasts means a very bullish thing for bitcoin.

There is no denying the fact that Bitcoin popularity and adoption will grow mostly around all this huge investors with ETF around but the thing is it wouldn’t just spike a bullish trend immediately after raise because we know this big investors coming in through ETF wouldn’t just go ahead and invest heavily like that they will certainly have to strategize for that, so ETF effect might come later but for now we definitely have to hold on to the historical predictions we have as that is the only true trend we can predict now and in the past this trend of bearish sentiment is expected before halving

No definite dip in site. just a maybe dip . the reality is no one is sure of the future.

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Fatunad
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April 09, 2024, 06:59:09 PM
 #102

Bitcoin will definitely go back to the dip for massive purchases but those wise investors will sell at the top and us e it to buy at the dip again as others have also said. Bitcoin now as the time of typing is $70,725.50 and the price is still on the high. And the price might not come down again within the halving Period. And to my country brothers and sisters now that the naira is appreciating against the dollar this is one of the best time to sell and if dollar drastically lost it value then you will also lose some percentage of your bitcoin investment because we are not using dollar in the country so be smart in your investment.
On the time that we do deal up with this market, then thinking up of the ff. wont be that a bad idea;

1. Market is unpredictable
    1.1 Random
2. Roller coaster ride
3. No patterns in relation with its past events or history
4. Corrections are normal

Once you do have these kind of ideas in mind then you wont really be that easily freak out on the time that you've seen such sudden dumps and corrections that do happen in the market.
Anything could happen in a snap and this is something that you should really be having in mind on the time that you do step your foot into this market. Expect the unexpected as always and never
ever make your mind to be that fixated on what you are currently seeing. The market does have tons of variations on which it could really mess up on whatever
analysis that you had made out earlier. So be versatile as much as possible.

R


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