Sorryfor
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March 21, 2024, 04:37:57 PM |
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Yes the value of bitcoin has already increased a lot. By the end of March, Bitcoin reached $66,000 and had reached a high of $72,000, and shortly after that, the price went on its own. However, since the halving is still a few days away, it is expected that the value of Bitcoin will increase further. Bitcoin's history shows that every time Bitcoin has halved, its value has reached its highest volume. It was priced at $69,000 when it had its previous halving in 2021, and has since gradually declined to $15,000 And also the demand for Bitcoin is very high and most of the people invest and trade here so it is expected that the value of Bitcoin will increase.
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OgNasty
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March 21, 2024, 05:04:44 PM |
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Like a tent on a camping trip or my pants in the morning, Bitcoin's demand will act like tent poles lifting up the price until it's value hangs over our head safeguarding the value of our created wealth and keeping us out of the ills that nature has in store for us otherwise. Things like inflation or asset seizure will bounce off our safety layer like wind or rain, leaving us free to warm ourselves by the fire of our crypto incomes, knowing that we found our place before we were left out to fight the dangers of nature with the rest of the animals.
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fuguebtc
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March 22, 2024, 03:05:47 AM |
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History is slowly changing and we have no evidence to guarantee that bitcoin will go even higher after the halving like previous bull cycles. The fact that people are too dependent and put all their expectations on the halving is actually quite risky and somewhat subjective. Have we ever asked the question, what will we do if after the halving bitcoin does not grow and the bear market appears earlier than expected, what will we do next? It sounds absurd and no one wants that to happen but we should not rule out this possibility because things are changing, and bitcoin reaching a new ATH before halving is an example.
Quite a good question, mate, and if market conditions worsen again after the halving and do not experience the growth that many people currently predict, I think most people who used cold money to buy Bitcoin before will be quite relaxed about this bad thing. Because they certainly won't panic and sell in conditions like that, especially if they are still patient enough to wait for the next increase in Bitcoin while continuing to buy at low prices. So it comes back to each of us who has so much confidence in Bitcoin, whether we will sell it or still really want to buy it and hold on to it until the next price increase is seen. If that bad scenario happens, I think people will not be afraid but will be very disappointed and extremely depressed because we are all placing all our expectations on the halving. We have endured 3 years of bear season just waiting for the halving to take place to reap the fruits we have sown over the years. So if things don't go as expected, I'm pretty sure most people will be disappointed and if the bear season lasts another 2 years, not many people will stay with bitcoin. Look at people's reactions when the ETF was approved and bitcoin didn't go up in price immediately after. Halving is a much bigger expectation than the ETFs.
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Nrcewker
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March 22, 2024, 11:23:50 AM |
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Bitcoin’s rise depends on the demand raised by us. If we keep the demand to accumulate the coins high, then definitely the price will go up. On the other hand if the demand is low, then the price will go down only. This can be easily determined by seeing the number of buy and sell orders at a popular exchange. As bitcoins are limited in numbers, hence this extremely plays an important role in increasing the price of the coin.
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Taskford
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March 22, 2024, 11:58:02 AM |
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Bitcoin’s rise depends on the demand raised by us. If we keep the demand to accumulate the coins high, then definitely the price will go up. On the other hand if the demand is low, then the price will go down only. This can be easily determined by seeing the number of buy and sell orders at a popular exchange. As bitcoins are limited in numbers, hence this extremely plays an important role in increasing the price of the coin.
This mean there's no permanent up for bitcoin especially if those people think about nothing can stop for bitcoin to grow since they need to consider some corrections to happen so that if they experience the same scenario again they can avoid to get afraid on this situation. Also they can do good actions whether accumulating and not doing those unnecessary dump since this could really affect their investment to go in bad condition if they are not doing good research then assessing the situation. The limited supply of bitcoin gives clear picture for huge price growth especially that demand rise each year as there are a lot of people willing to engage and accumulate bitcoin for their imvestment.
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justdimin
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March 22, 2024, 03:14:33 PM |
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if market conditions worsen again after the halving and do not experience the growth that many people currently predict, I think most people who used cold money to buy Bitcoin before will be quite relaxed about this bad thing. Because they certainly won't panic and sell in conditions like that, especially if they are still patient enough to wait for the next increase in Bitcoin while continuing to buy at low prices. So it comes back to each of us who has so much confidence in Bitcoin, whether we will sell it or still really want to buy it and hold on to it until the next price increase is seen.
I do not think that will happen though, we are talking about supply decreasing while there is no valid reason for the demand to decrease, and at that much level anyhow. So, the price needs to go up to cover for the lack of supply to make it work for the miners as well, the moment they stop selling because it is too cheap, the price goes high anyway so you get even lesser supply. Usually in market, everything is possible and it has happened before but I think there is no reason to break the cycle at the moment and the way we are going right now is actually quite supportive of the fact that people are hyped about it. The main reason why we got this high this early is that everyone knew it would so they got into positions.
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AnonBitCoiner
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March 22, 2024, 06:36:13 PM |
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Bitcoin’s rise depends on the demand raised by us. If we keep the demand to accumulate the coins high, then definitely the price will go up. On the other hand if the demand is low, then the price will go down only. This can be easily determined by seeing the number of buy and sell orders at a popular exchange. As bitcoins are limited in numbers, hence this extremely plays an important role in increasing the price of the coin.
The demand greatly influence the rate of bitcoin but I think bitcoin demand is still higher but there is dip in Bitcoin's price, actually this is due to the correction before halving which is necessary. Demand for bitcoin was lower in past because everyone was not familiar with its success but now there is a huge pump in bitcoin price as everyone wants to get bitcoin before halving. Demands for bitcoin will not reduces before halving because everyone knows better that during halving and after halving prices of every coins surges so no one will want to miss this opportunity therefore I think that bitcoin will rise more.
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reagansimms
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March 23, 2024, 05:17:03 PM |
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Whats your take on this matter?
It is very natural for a correction to occur after just reaching a new ATH, even though the market is approaching the Halving which is expected to occur in mid-April 2024. This correction was previously recognized by investors, known as the pre-halving correction. The current movement in the market is one of the best situations that can be exploited to collect Bitcoin because the volatility has the potential to tend to rise and the price trend is still at the beginning of the bullish phase. You can use periods like now to buy Bitcoin regularly by taking advantage of overbought and oversold conditions depending on the funds you hold or buy the dip when prices are relatively lower.
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beerlover
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March 24, 2024, 05:53:04 PM |
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Bitcoin’s rise depends on the demand raised by us. If we keep the demand to accumulate the coins high, then definitely the price will go up. On the other hand if the demand is low, then the price will go down only. This can be easily determined by seeing the number of buy and sell orders at a popular exchange. As bitcoins are limited in numbers, hence this extremely plays an important role in increasing the price of the coin.
This mean there's no permanent up for bitcoin especially if those people think about nothing can stop for bitcoin to grow since they need to consider some corrections to happen so that if they experience the same scenario again they can avoid to get afraid on this situation. Also they can do good actions whether accumulating and not doing those unnecessary dump since this could really affect their investment to go in bad condition if they are not doing good research then assessing the situation. The limited supply of bitcoin gives clear picture for huge price growth especially that demand rise each year as there are a lot of people willing to engage and accumulate bitcoin for their imvestment. It is sort of true, there are a lot of people like me who thinks that bitcoin will ALWAYS go up in the end, we are aware that there could be big crashes and bear markets along the way but if you wait long enough then you are going to get a good result. Just like how 2017 was good and 2018 was bad but then 2021 was good again, or 2021 was good but 2022 was bad and 2024 has been good so far. All in all I think we will always go up more and more, and that all time high price will keep on being broken more and more. Look at the price now, would you be shocked if ATH was broken again in a week? I wouldn't, that feels like the most natural thing in the world, but it did drop 10k? So, how come? Well that's what bitcoin does, it's volatile.
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Hallroom
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March 25, 2024, 04:19:20 AM |
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Hello guys, I was just wondering on what could be the true position of bitcoin in the next few months to come, considering the fact that bitcoin recently hit a mid term all time high of $50k, indeed this was a mile stone and could have been the target of most investors and retail traders , so From the look of things from a fundamental and analytical point of view their are diverse possibilities. will bitcoin continue to rise up to the 59200.00 and 64302.83 price level only to break down to the 29637.99 price level to gather momentum or will the upward trajectory move Continue to take bitcoin to the moon in the near future, or will bitcoin be trapped in the 59200.01 And 42730.420 price zone 🤔 Whats your take on this matter?
Bitcoin price fluctuates all the time because there is always massive investor presence and buying and selling of Bitcoin price. Bitcoin price has already set a new record of 2024 which touched up to 73.6k dollars. And its potential and high speed as the current bitcoin price is up to 67k dollars. There are only 27 days left for the halving to take place, after which time there is a high chance that the price of Not Married will be revised.
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tengui
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#SWGT PRE-SALE IS LIVE
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March 25, 2024, 05:40:10 AM |
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The price of bitcoin will continue to rise until the halving ends, but that doesn't mean the price of bitcoin will continue to rise without a decline. currently some people are pessimistic if bitcoin can reach a higher point and think $73k is the ATH this year. let's see how high the price of bitcoin will be in this year's halving.
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rodskee
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★Bitvest.io★ Play Plinko or Invest!
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March 25, 2024, 08:05:01 AM |
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Hello guys, I was just wondering on what could be the true position of bitcoin in the next few months to come, considering the fact that bitcoin recently hit a mid term all time high of $50k, indeed this was a mile stone and could have been the target of most investors and retail traders , so From the look of things from a fundamental and analytical point of view their are diverse possibilities. will bitcoin continue to rise up to the 59200.00 and 64302.83 price level only to break down to the 29637.99 price level to gather momentum or will the upward trajectory move Continue to take bitcoin to the moon in the near future, or will bitcoin be trapped in the 59200.01 And 42730.420 price zone 🤔 Whats your take on this matter?
So now that bitcoin have reached your target price? i mean the one you are asking here so are you still seeking for more growth? rising bitcoin is enough here to expect mate because we are not yet reaching halving and we knew that expecting much will only bring you more failure so yeah do it wisely . continuation of growth will happen next year in 2025.
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GigaBit
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March 25, 2024, 04:24:34 PM |
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Yes the value of bitcoin has already increased a lot. By the end of March, Bitcoin reached $66,000 and had reached a high of $72,000, and shortly after that, the price went on its own. However, since the halving is still a few days away, it is expected that the value of Bitcoin will increase further. Bitcoin's history shows that every time Bitcoin has halved, its value has reached its highest volume. It was priced at $69,000 when it had its previous halving in 2021, and has since gradually declined to $15,000 And also the demand for Bitcoin is very high and most of the people invest and trade here so it is expected that the value of Bitcoin will increase.
New investors are constantly increasing. As a result, the demand for Bitcoin is also increasing. Moreover, every four years due to the halving of Bitcoin, the price of Bitcoin increases greatly. If that trend continues, we will soon see Bitcoin prices rise even further. We can expect to see this halving by the end of next month where the block reward of miners will be halved and the Bitcoin price will increase significantly. Various Bitcoin experts believe that Bitcoin can reach the $100k target before the upcoming halving. From now until the upcoming halving we will see the value of Bitcoin rise. But the price movement of Bitcoin this year may be slightly different than other years as we will see an effect of ETFs in the market. If for some reason the Bitcoin price doesn't rise after the halving event, we may be able to see a big movement towards the end of this year or early next year.
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Republikcoin.com
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March 25, 2024, 04:47:07 PM |
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The price of bitcoin will continue to rise until the halving ends, but that doesn't mean the price of bitcoin will continue to rise without a decline. currently some people are pessimistic if bitcoin can reach a higher point and think $73k is the ATH this year. let's see how high the price of bitcoin will be in this year's halving.
Today the price of Bitcoin has returned to $70K, where price increases are starting to be seen again in the market, so it is still possible to hope for a price higher than $73K. Because that is not the last point that Bitcoin can reach this year, especially if the potential price increase can continue due to some of the best effects and moments this year. For now, I still think that Bitcoin could reach the price of $75K before the halving or after the halving because the range is not too far from the current price.
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lepbagong
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March 27, 2024, 04:06:26 PM |
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The price of bitcoin will continue to rise until the halving ends, but that doesn't mean the price of bitcoin will continue to rise without a decline. currently some people are pessimistic if bitcoin can reach a higher point and think $73k is the ATH this year. let's see how high the price of bitcoin will be in this year's halving.
This is out of the ordinary. Bitcoin has been able to pass the ATH, but indeed, Bitcoin will continue to move upwards until the halving period ends, but perhaps initially there will be a correction as usual. But the ATH in mid-March was not the last ATH. There will be another last ATH but maybe not this year. If you look at the 4-year cycle, the last ATH will occur in 2025, and it could be at the beginning or end of the year. It's still hard to predict. Maybe if we look at the situation, the last ATH will provide a big surprise, and we are waiting for it and always ready for something to happen outside of that.
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OgNasty
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March 27, 2024, 05:16:44 PM |
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Even if Bitcoin's "rise" doesn't continue, the one thing you can be 100% sure of is that the dollar will continue to fall in purchasing power due to being printed more and more until the debt eventually destroys our country and we have to sell off our National Parks to China. My advice would be to buy Bitcoin, but also anything else that will appreciate alongside inflation like gold or art. Property has historically been where most common people park their wealth, but I think as debts get more out of control the government will become increasingly reliant on raising property taxes to keep themselves alive. Stocks might also be a good bet if you diversify and avoid the bankrupt companies. I do believe in another generation or two it will be clear as day that you can't work yourself out of poverty no matter how smart of skilled you are and those of us who burn wealth instead of build it will be dooming our ancestors to a subpar life of ever falling standards of living.
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Zanab247
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April 06, 2024, 03:22:14 PM |
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Since we are in the bull season, I guess BTC will continue to rise in this season so that hodlers will continue selling their BTC to prepare ahead of the next bear run which may take place next year for both short term and long term hodlers to use the period to buy and hodl again.
If you are still hodling your BTC, I will advise you to think twice to know if you will continue hodling your BTC or sell them now because the price is going down gradually to some points hodlers will be afraid to sell their BTC in the market.
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