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

[Nwada001]

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.

[bayu7adi]

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.

[kryptqnick]

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.

[Cookdata]

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.

[Solokan]

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.

[blockman]

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.

[oktana]

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.

[Assface16678]

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.

[Julien_Olynpic]

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.

[Volimack]

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.

[Pandu Geddon]

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.

[bluebit25]

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.

[dezoel]

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.

[Rikafip]

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.

[coolcoinz]

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.

[_BlackStar]

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.

[suzanne5223]

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.

[dunfida]

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.

[GideonGono]

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.

[AmoreJaz]

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.