Bitcoin Halving effect

[Ultegra134]

I thought ETF would have made a great impact as of last month being December to elevate the price, like letting it continue the flow but it didn't, is like the price movement was on hold that something was keeping it from getting a little bit closer to $50k.
You're right, if $50k would have been possible since last month the story would have been different and the price market would have been counting $55-60k by now, is not going to be anytime soon ($50-60) before the halving.

I believed that as well; however, the ETF approval anticipation had already increased Bitcoin's price quite significantly, so there's a chance that played its role too. The market grew quite fast in a short timeframe, which may be the reason why we're seeing a little bit of a slowdown. Personally, we should give it some time until we start seeing the effects of the ETF approval. Along with the upcoming halving, Bitcoin is definitely going to cross the $50.000 mark in no time.

The minor market correction is an opportunity to acquire more Bitcoin at a more affordable price before the significant surge we'll see in the upcoming months.

[South Park]

I thought ETF would have made a great impact as of last month being December to elevate the price, like letting it continue the flow but it didn't, is like the price movement was on hold that something was keeping it from getting a little bit closer to $50k.
You're right, if $50k would have been possible since last month the story would have been different and the price market would have been counting $55-60k by now, is not going to be anytime soon ($50-60) before the halving.

I believed that as well; however, the ETF approval anticipation had already increased Bitcoin's price quite significantly, so there's a chance that played its role too. The market grew quite fast in a short timeframe, which may be the reason why we're seeing a little bit of a slowdown. Personally, we should give it some time until we start seeing the effects of the ETF approval. Along with the upcoming halving, Bitcoin is definitely going to cross the $50.000 mark in no time.

The minor market correction is an opportunity to acquire more Bitcoin at a more affordable price before the significant surge we'll see in the upcoming months.

One of the things with the markets is that even if on average the cycles we can see in them seem to repeat themselves, they are never exactly the same as the specific circumstances change all the time, and in this case the approval of a bitcoin ETF changed the game by quite a bit, as I really think the recovery that some were expecting to happen after the halving seems to have taken place before it, so it is likely that not much is going to happen once the halving takes place and those market conditions could last for a few more months after it.

[Sexylizzy2813]

I thought ETF would have made a great impact as of last month being December to elevate the price, like letting it continue the flow but it didn't, is like the price movement was on hold that something was keeping it from getting a little bit closer to $50k.
You're right, if $50k would have been possible since last month the story would have been different and the price market would have been counting $55-60k by now, is not going to be anytime soon ($50-60) before the halving.

I believed that as well; however, the ETF approval anticipation had already increased Bitcoin's price quite significantly, so there's a chance that played its role too. The market grew quite fast in a short timeframe, which may be the reason why we're seeing a little bit of a slowdown. Personally, we should give it some time until we start seeing the effects of the ETF approval. Along with the upcoming halving, Bitcoin is definitely going to cross the $50.000 mark in no time.

The minor market correction is an opportunity to acquire more Bitcoin at a more affordable price before the significant surge we'll see in the upcoming months.

If the ETF has a significant role in the increase of Bitcoin price then why are we having that delay for the price up till this time? It should have stayed on the increase but we have it going down.
I think the effect from ETF has already been there and is like it has a particular time to start going back up (which we definitely don't know) to a more better price like more than the expected $50k. But my problem is that the delay is too much like we're going to see Bitcoin price back at $35k in a short while if care is not taken.

[btc78]

Market trends are usually driven by historic events a lot of experts tend to create estimated predictions, albeit not that accurate, based on historical data economy is usually just a repeat of trends and if we were to look at the past years of bitcoin we can see that halving truly creates new ath after each halving

Of course we have to clear up some possible misunderstanding after halving, bitcoin’s price will not spike up immediately I know a lot are expecting that after halving bitcoin will have a new ath right away and if they do not see the outcomes they wanted they might panic and sell just like a lot of people who thought that the etf approval would drastically increase bitcoin’s price right away and are now disappointed by bitcoin’s current price

But remember low prices of bitcoin is not a tragedy but instead an opportunity for us to acquire more bitcoin

[Life_Saving]

Bitcoin's history has shown that each halving has been associated with a significant price rally. However, it's important to note that historical performance is not necessarily indicative of future results. While the halving event is a known factor, the market is influenced by various dynamic elements, including macroeconomic factors, regulatory developments, technological advancements, and overall market sentiment

[Lucius]

If the ETF has a significant role in the increase of Bitcoin price then why are we having that delay for the price up till this time? It should have stayed on the increase but we have it going down.

We can take two reasons why the price fell by almost 20% instead of rising. The first is that the interest of investors after the approval of spot ETFs is not even close to what was speculated, and the second is that one of the companies that received approval for the ETF (Grayscale) had more than 600 000 BTC in its possession. The data says that they have already sold more than 80 000 BTC and are still selling, which definitely causes pressure on the market, and the law of supply and demand has taken its toll.

I think the effect from ETF has already been there and is like it has a particular time to start going back up (which we definitely don't know) to a more better price like more than the expected $50k. But my problem is that the delay is too much like we're going to see Bitcoin price back at $35k in a short while if care is not taken.

There is no problem here except that there were too many expectations around the ETF, but I have speculated before that maybe we should expect that the spot ETF will not have too much influence on the price of BTC, as was the case with the futures ETF. As much as one might think that any way that appears will cause a mass frenzy to own BTC, this is by no means the case.

Any way we look at it, I believe that less than 10% of people in the world have a positive opinion of Bitcoin - others still believe that it is some kind of ponzi scheme or means of money laundering, terrorist financing and similar things. Those who think otherwise should read what Gensler wrote after being forced to approve the spot ETF.

He pointed out that Bitcoin, which investors can now directly put money into through the new ETFs, is “highly volatile” and that crypto’s OG has been tied to things like money laundering and ransomware. “Bitcoin, itself, we did not approve, we did not endorse,” he said. “The only payment mechanism it’s being used for in sort of a, in a primary sense, is illicit activity,” he said in the interview.

[EarnOnVictor]

I thought ETF would have made a great impact as of last month being December to elevate the price, like letting it continue the flow but it didn't, is like the price movement was on hold that something was keeping it from getting a little bit closer to $50k.
You're right, if $50k would have been possible since last month the story would have been different and the price market would have been counting $55-60k by now, is not going to be anytime soon ($50-60) before the halving.

I believed that as well; however, the ETF approval anticipation had already increased Bitcoin's price quite significantly, so there's a chance that played its role too. The market grew quite fast in a short timeframe, which may be the reason why we're seeing a little bit of a slowdown. Personally, we should give it some time until we start seeing the effects of the ETF approval. Along with the upcoming halving, Bitcoin is definitely going to cross the $50.000 mark in no time.

The minor market correction is an opportunity to acquire more Bitcoin at a more affordable price before the significant surge we'll see in the upcoming months.

One of the things with the markets is that even if on average the cycles we can see in them seem to repeat themselves, they are never exactly the same as the specific circumstances change all the time, and in this case the approval of a bitcoin ETF changed the game by quite a bit, as I really think the recovery that some were expecting to happen after the halving seems to have taken place before it, so it is likely that not much is going to happen once the halving takes place and those market conditions could last for a few more months after it.

Nicely said, and it seems that what I've been telling people since I started with the forum is now getting popular. It is true that Bitcoin has some similarities in history, but people believe in that history too much which I don't think is professional if my investment and trading experience is to be regarded here. What has been happening when people are not really paying attention and when whales are so much in control of the coin may not happen again this time the market is already in the mainstream of the financial market and has also been well-owned by both financial institutions and cooperate bodies and also by those guys that fully understand the financial market, and not in a crypto way. These guys understand the traditional market better than the new Bitcoin and cryptocurrency assumptions, lousiness and ignorance.

Also, since the old whales (as they call them) can't be in control anymore, the market will better behave, which is my fear that it might not be able to move hugely as people expected of it. The grace Bitcoin had is that it is the number of cryptocurrencies that use blockchain technology which has never been used before in the payment, trading and investment industry. This made people appreciate it very well and helped the price to grow significantly. But as the coin is heavy now, issues might arise as it can't continue to climb higher and higher like before. If care is not taken, one can see it at over $1M in no time if allowed this way. I know institutional investors will not let that excesses happen, this is the time that Bitcoin will behave more maturely like traditional assets, so I cannot expect the situation in which it will move x5 of its size again, halving or not. This coming halving effect might be the lowest in impact ever recorded by the coin and I do not expect more than $2.5T market capitalization at its stretch.

[MinoRaiola]

I think there will be an effect at the miners, but that the price of Bitcoin should increase this year (which is what the 4 year cycle wants to say). Miners maybe sell their bitcoin holdings, even if not all of them, to buy new mining hardware and have a stronger position in the coming months after the halving. Competition is already high now, but it should be even higher after the halving. After that, miners who mine less Bitcoin maybe dont stay so long because they will only get half the rewards and maybe have even less power because many others have increased their hashrate. That will be exciting to follow.

[AakZaki]

Everyone hopes that a price increase will occur when the halving occurs and this price increase will be the biggest increase that will form a new ATH. The market will be full of positive sentiment so FOMO will certainly occur. There will be many Halving effects for bitcoin and the crypto ecosystem, and bitcoin will reach its highest level again. everyone must be prepared to wait for this 4th halving moment and including me who is still holding some Bitcoin and also potential altcoins.

[Yatsan]

Well, there will always be two sides of an argument. Some are saying that history will just repeat itself but there are still people who believes that changes might take plaace although on the same direction which is the trend of the maarket price. For sure many of us are thrilled with what we are witnessing at this point. Only a few was able to anticipate that an increase will take place and push prices upward. It somehow creates a domino effect for example, there's really no signs of market recovery last year but it still managed to break the $32k mark before the year ended. And from that people are too crazy to invest which supports the price increase on the other hand. Regardless of that lack of assurance if prices will now be higher, people are already thrilled of what could happen next as the dates for halving is coming nere. With this, you have to create a decent plan for it and to be able to still anticipate the worse possible thing to be experienced.