Bitcoin has never pass ATH before halving but it has always dip don't panic.

[$weetne$$]

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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[Vickysagar]

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.

[cryptoaddictchie]

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.

[hugeblack]

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.

[pinggoki]

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.

[Zaguru12]

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

[JamesDaniel90]

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.

[MusaMohamed]

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.

[criptoevangelista]

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!

[FinePoine0]

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.

[highalch]

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.

[michellee]

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.

[Mpamaegbu]

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.

[Queentoshi]

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.

[koang]

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

[dlightag]

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.

[Popkon6]

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.

[Yamane_Keto]

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.

[Poker Player]

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).

[spectre71]

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.