danadc
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February 17, 2024, 01:41:41 AM |
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What I think about the market at the moment is that you should accumulate all the bitcoin you need, you don't have to think about whether it will go down or up, no, you have to buy, you have to accumulate as much as possible, possibly This 2025 should be the reach of a new ATH, but it is not certain, the halbving will only be an effect that will raise the price, of course if it will rise, I don't know how much it can rise, it may be that it reaches $69 again k and make good progress and stay there, for me in 2025 it will be an explosive year, it will possibly be bitcoin and thinking that bitcoin lasts less than 1 year, well you have to start to see how much you are going to buy, that is the best uq can be done.
If we mark these things as possible, it is a fact, it will happen, but you have to have a lot of conviction, we cannot convince those who do not believe, until they believe that now is the time to buy, because at some point the changes will happen. who are insecure because they will understand things well.
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adaseb
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February 17, 2024, 05:51:54 AM |
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In the past after the halving is usually when we got a big bull market. However keep in mind that it doesn’t mean this time the same thing will happen.
Look at the etf approvals. Many were expecting the top to form. Because when BTC futures, coinbase and BTC futures etfs launched, it marked the top, this time we assumed it would be the same sell the news event but we already engulfed the prior yearly high and are going higher and higher. So history doesn’t always need to repeat itself.
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Ozero
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February 17, 2024, 07:18:23 AM |
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This is due to the approaching Halving which will soon occur in a few months. The surge in Bitcoin market capitalization is a sign that many new and old investors are starting to re-enter to take advantage of the halving moment and they are starting to hold until it reaches a new ATH. Bitcoin is close to the last ATH ever surpassed, and Bitcoin will make history again for a new ATH that may occur after the Halving. No need to be too FOMO, just hold on and buy gradually, if the target price is reached then sell to take profit.
The approaching halving is only one of the reasons for the current price surge in Bitcoin. But in general, this is only a warm-up, since, based on practice, real bullish market growth is expected only within a year after the halving itself. In the meantime, the price of Bitcoin will rise as positive news appears, but then a correction will occur. Since the price of Bitcoin has risen significantly recently, I expect a correction to occur in the near future. Bitcoin has already stopped its growth and fell below $52,000. Let's see what will happen next.
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Woodie
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February 17, 2024, 08:25:03 AM |
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Pre halving preparations you mean as the halving hasn't happened yet... And I think we are not yet there imo, what we experiencing is post Spot ETF approval effects and it's unfortunate that we had to experience a dip before the upward movement which might have been a manipulation move for these guys to get some cheap coins from weak hands. Otherwise with so much pressure from demand, price couldn't be kept low and it will for sure keep soaring...and could be said that the bull is charging.
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Adbitco
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February 17, 2024, 09:50:37 PM |
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Have you suddenly forgotten the approval of ETF? Btw we aren't currently in bull run yet when to believe we are in bull is to have the previous price touched after which we gained another All Time High before believing we are in bull season. So, for me i think it's only trying to get back it feet from the bear of last season.
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EarnOnVictor
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February 17, 2024, 10:03:29 PM |
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In the last bullish surge, BTC's market cap soared to an impressive $1.2 trillion, boasting a daily trading volume fluctuating between $25-36 billion. Fast forward to today, the current market cap has breached the 1 trillion-dollar mark, leaving us in suspense—has the bull run truly begun? Skepticism lingers as the market cap needs to surpass previous records to confidently signal the bull's return.
While my analysis might be a bit of a shot in the dark, I'm eager to hear from the seasoned OGs for their insights on this intriguing crypto saga. 🚀 What's your take on the current state of the market?
You might have written something right ignorantly which many supposed professional traders here might not even know because someone has tackled me before about it but couldn't furnish me with his own strategy which makes it funny. If you may know, it is the remark that the breach of the current all-time high will be the indication for the overall continuation of the bullish trend in Bitcoin. As simple as this is, it is powerful to denote the overall trend continuation in the market and it is valid for all assets/markets. This is not about the way many are saying it but about how the market principles and dynamics work even as simple as it is. And yes, the bull run has begun in my opinion because it can't be a mistake for the market to move from about $15,500 to about $53,000. That's huge. The ETF saga made it start earlier than expected, but I hope this will not negatively affect the main expected bullishness during the post-halving period that people are more anticipating. If enough people have already committed their money to Bitcoin right before the bull-run period, there might be a little remaining to commit their money when the time eventually comes. I am just saying, nothing is rigid here, but as far as the technical analysis of Bitcoin is concerned, I support the bullish trend of the market in both the short and long-term dispositions.
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Reatim
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February 19, 2024, 01:48:45 AM |
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Better be ready for what will come mate .
This can be a Bull continuing or this is another traps , there are lots of sell orders waiting and if you are not careful then you will be trapped and will need to wait till the halving effect in which will take place next year.
But if the price breaks 60k then this is indeed the bull charge that has been chargi since the approval of ETF.
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AakZaki
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February 20, 2024, 09:06:07 PM |
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The approaching halving is only one of the reasons for the current price surge in Bitcoin. But in general, this is only a warm-up, since, based on practice, real bullish market growth is expected only within a year after the halving itself. In the meantime, the price of Bitcoin will rise as positive news appears, but then a correction will occur. Since the price of Bitcoin has risen significantly recently, I expect a correction to occur in the near future. Bitcoin has already stopped its growth and fell below $52,000. Let's see what will happen next.
What is happening now is that the price has exceeded $52,000 and that is a sign that bullishness has arrived and will soon touch the final ATH above $60,000. I am of course still optimistic that the price of bitcoin will continue to strengthen as long as positive news persists and demand increases. people are buying and preparing for the upcoming halving. Buy and hold now is a pretty good opportunity, but consider the risks when a correction occurs.
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$weetne$$
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February 21, 2024, 10:09:39 AM |
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While my analysis might be a bit of a shot in the dark, I'm eager to hear from the seasoned OGs for their insights on this intriguing crypto saga. 🚀 What's your take on the current state of the market?
Everybody can contribute based on their opinion and not only the OGs therefore here's what I think is happening. I haven't experienced any bull market for me to be speaking from my experience but I have done research on matters like this and other similar matters and I what's happening is just warning up for the halving and not the bull market. There's going to be more rise in Bitcoin price because when the halving date gets closer more fear of missing out of buying Bitcoin before the price starts to pump will make those that haven't bought Bitcoin to start buying. The whole marketcap of cryptocurrency will exceed previous market cap with a larger amount because Bitcoin has gotten more publicity and more investors will be buying Bitcoin.
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bitterguy28
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February 21, 2024, 12:10:07 PM |
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In the last bullish surge, BTC's market cap soared to an impressive $1.2 trillion, boasting a daily trading volume fluctuating between $25-36 billion. Fast forward to today, the current market cap has breached the 1 trillion-dollar mark, leaving us in suspense—has the bull run truly begun? Skepticism lingers as the market cap needs to surpass previous records to confidently signal the bull's return.
I may answer yes or no . Yes because we are seeing green in market for months now , and may answer NO because nothing is certain specially when Halving is near to come. While my analysis might be a bit of a shot in the dark, I'm eager to hear from the seasoned OGs for their insights on this intriguing crypto saga. 🚀 What's your take on the current state of the market?
I know am not an OG so will not be a complete knowledge but As what I believe and have seen for years now? this is not going to High bull before 1 year of halving comes.
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Agbamoni
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February 21, 2024, 01:10:05 PM |
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In the last bullish surge, BTC's market cap soared to an impressive $1.2 trillion, boasting a daily trading volume fluctuating between $25-36 billion. Fast forward to today, the current market cap has breached the 1 trillion-dollar mark, leaving us in suspense—has the bull run truly begun? Skepticism lingers as the market cap needs to surpass previous records to confidently signal the bull's return.
While my analysis might be a bit of a shot in the dark, I'm eager to hear from the seasoned OGs for their insights on this intriguing crypto saga. 🚀 What's your take on the current state of the market?
Lets gibe Bitcoin some time to show more potential. This is just the beginner of the bull run. Funny enough the bull run is not officially started. So let us reserve our analysis, controversial statement and wait to see what bitcoin will do soon. Starting from the second quarter of the year. Obviously it wont pass this year we will see another all time high.
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justdimin
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February 22, 2024, 10:08:43 AM |
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In the last bullish surge, BTC's market cap soared to an impressive $1.2 trillion, boasting a daily trading volume fluctuating between $25-36 billion. Fast forward to today, the current market cap has breached the 1 trillion-dollar mark, leaving us in suspense—has the bull run truly begun? Skepticism lingers as the market cap needs to surpass previous records to confidently signal the bull's return.
While my analysis might be a bit of a shot in the dark, I'm eager to hear from the seasoned OGs for their insights on this intriguing crypto saga. 🚀 What's your take on the current state of the market?
Yeah, we are just warming up, we haven't even seen anything decent yet. People think that because we went up more than 3x from the bottom, they think it's over. Let me put it this way, in 2018 we have reached as low as 3k, but by late 2020 (halving year) it was already 20k and more. That shows from bottom to after halving it became 7x, I am not saying we are going to be 7x again, but that would be around 100k, and finishing this year with around 100k wouldn't really be a shock to me. So, believe me when I say this, not only it will go up a lot, but it will also go up even more during 2025 as well. So, we have some more price increases left in this month, and then we are going to end up with even bigger highs later on as well, so we are still not too late.
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stomachgrowls
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February 22, 2024, 12:05:06 PM |
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In the last bullish surge, BTC's market cap soared to an impressive $1.2 trillion, boasting a daily trading volume fluctuating between $25-36 billion. Fast forward to today, the current market cap has breached the 1 trillion-dollar mark, leaving us in suspense—has the bull run truly begun? Skepticism lingers as the market cap needs to surpass previous records to confidently signal the bull's return.
While my analysis might be a bit of a shot in the dark, I'm eager to hear from the seasoned OGs for their insights on this intriguing crypto saga. 🚀 What's your take on the current state of the market?
Yeah, we are just warming up, we haven't even seen anything decent yet. People think that because we went up more than 3x from the bottom, they think it's over. Let me put it this way, in 2018 we have reached as low as 3k, but by late 2020 (halving year) it was already 20k and more. That shows from bottom to after halving it became 7x, I am not saying we are going to be 7x again, but that would be around 100k, and finishing this year with around 100k wouldn't really be a shock to me. So, believe me when I say this, not only it will go up a lot, but it will also go up even more during 2025 as well. So, we have some more price increases left in this month, and then we are going to end up with even bigger highs later on as well, so we are still not too late. Yes, this do only talks about price upward movement but we shouldn't really be forgetting about the price dumps too. We do have that pre-halving dump and we do have that post halving dump before things would really be starting to climb up. We've seen on how prices did make out that gradual increase from that $15k bottom on which tons of people had really been that expecting that it could still reach 10k below but it didnt happen. From there on, then bear market starts to getting better as we do go ahead on whats the current price now. No one had anticipated for the price to be like this since we arent that still on halving event which the price is already playing around 50k and possibly be able to hit up 60k if the price momentum would really be that continuing then its possible we do able to get near ATH but since April is fast approaching then i do still highly doubt this probability.
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philipma1957
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February 22, 2024, 02:57:12 PM |
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In the last bullish surge, BTC's market cap soared to an impressive $1.2 trillion, boasting a daily trading volume fluctuating between $25-36 billion. Fast forward to today, the current market cap has breached the 1 trillion-dollar mark, leaving us in suspense—has the bull run truly begun? Skepticism lingers as the market cap needs to surpass previous records to confidently signal the bull's return.
While my analysis might be a bit of a shot in the dark, I'm eager to hear from the seasoned OGs for their insights on this intriguing crypto saga. 🚀 What's your take on the current state of the market?
From all indications, the bull market has started because the price of bitcoin has started to make the good move we are expecting in respect to Bitcoin halving coming up soon, but I think there will be another bear market in form of correction before the main bull run. But my surprise is that, why is only Bitcoin pumping so high and leaving altcoin behind? I think if bull run comes, both Bitcoin and altcoins are supposed to move together? Or am I missing something? The ½ ing. Right now 52k is pretty good for most people even miners. But in 40-50 days the ½ ing effectively drops the price of btc down to 26k if you are mining. ⛏️ So we are not a real bull run. A more clear example of miners issues is the earnings per th. I was making 13 cents a th in Dec. I am making 8 cents a th in Feb So not a bull run for me as a miner. Although as a hodl of btc I am up from 38k to 52k a corn 🌽 So if you do dca and hodl and began doing that in oct 2022 you are all smiles. but if you mine you are thinking fuck 13 cents to 8 cents and in april maybe 4 cents a th. I am lucky all my gear is paid and I can simply turn off my gear come the 1/2ing. This dynamic is huge as there are over 580 eh in gear online that is: 580 eh 580,000 ph 580,000,000 th. which is 580,000,000/200= 2,900,000 s21s or 5,800,000 s19s $8,700,000,000 in gear and maybe 1,300,000,000 in infrastructure. $10,000,000,000 on the line and about to get kicked hard by the ½ ing and now that fees are under 0.5 btc blocks were 9.5 coins in dec now 6.5 coins and soon 3.75 coins so it is not bull for mining it is fear right now.
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DeathAngel
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February 22, 2024, 03:39:48 PM |
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I believe the bull is just warming up, we are not seeing an unsustainable, parabolic surge yet. Traditionally we are not in the peak zone of pumping for 12-18 months post halving. So sit back, be patient & enjoy watcjing the price go up. Unless you specifically need funds right now, you should wait a bit before selling anything.
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BABY SHOES
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February 22, 2024, 03:46:28 PM |
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I believe the bull is just warming up, we are not seeing an unsustainable, parabolic surge yet. Traditionally we are not in the peak zone of pumping for 12-18 months post halving. So sit back, be patient & enjoy watcjing the price go up. Unless you specifically need funds right now, you should wait a bit before selling anything.
The cycle is what we learned before where the real peak after halving must wait until 18 months then ATH can be higher, this is obviously the hope of many investors so we need to wait a long time to see it. It is not recommended to sell in the middle of the road especially even though this will be more with the peak price, use emergency funds because preparation is very necessary when they invest in bitcoin, because when the need is urgent bitcoin cannot be sure when it will rise.
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Alpha Marine
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February 23, 2024, 05:01:55 PM |
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I'm really hoping the bull run has begun and Bitcoin won't experience any dip in price again before the halving. I'm also skeptical about all this. I have Bitcoin I want to sell out at a set price because I want to do something with it, if the price dips and the time comes to sell, I won't make much profit. Although I don't believe Bitcoin price will go lower than $50k before the halving, I believe it would just be around $50k to $52k, but I hope it goes way higher than than soon.
Currently, Bitcoin market cap is just around the $1 trillion mark so by your assessment, there's still a need to be skeptical. Lol.
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kentrolla
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February 23, 2024, 05:48:50 PM |
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From my past bull run experience I can say that we are just warming up as there may be some correction as well before we go fully into bull run and the bull run won't be this gradual as we will see bitcoin pumping up real quick and all the other altcoins will follow the trend but we can make use of this rally which we have seen since past 3 months but cannot consider it as bull run. It would be even bigger this time as the market is more mature and we have more investors as well.
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Finestream
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February 23, 2024, 06:01:13 PM |
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From my past bull run experience I can say that we are just warming up as there may be some correction as well before we go fully into bull run and the bull run won't be this gradual as we will see bitcoin pumping up real quick and all the other altcoins will follow the trend but we can make use of this rally which we have seen since past 3 months but cannot consider it as bull run. It would be even bigger this time as the market is more mature and we have more investors as well.
The price movements aren't convincing yet. Normally, when a real bull run comes, the price of bitcoin could go up significantly, and the whole market is affected. What we are seeing now is just a steady price increase. Although it has already increased significantly, nothing has been a crazy pump yet, and that's my personal reference for considering that we are already in the bull market. If there will be a correction that comes, I wouldn't panic as I'm confident that a bull run will happen this year. Maybe take it as an opportunity to accumulate cheap bitcoin that we can sell for a profit in a short time. if we look at the big picture, choose 1 year ( https://coinmarketcap.com/currencies/bitcoin/).. we can already see that bitcoin has increase 100% over that span of time.
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yhiaali3
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February 24, 2024, 05:27:10 AM |
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The rise in Bitcoin's market capitalization is already impressive. This happened mainly due to the approval of the ETF. Also, accumulation by whales increased in preparation for the big event as the halving approached. This large liquidity flow led to the revival of the market.
I expect that we have just started Bull Run, but there is still a long way to go to achieve the ATH, which I expect will be approximately several months after the halving at the end of this year. During this period, we will witness many corrections and there will be very large movements and violent fluctuations.
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