The market smells of bitcoin halving. 54 day left!

[$weetne$$]

we haven't started yet, the market is only planning to get more volatile in preparation for the halving while it has for a long time been under the bear market, so if we have this sustained for a while its not bad at all, the bullrun will mark the beginning of a new era for a new all time high with bitcoin market price which is part of what we have been expecting, we only have to make adequate preparations for this before coming.

Everyone wants the new ATH to come very fast and it's not surprising that we might have it before Bitcoin halving starts when it was always after the halving that the new highest price for Bitcoin always comes. While we're all happy for what is happening to Bitcoin I think we should be careful for there could be a correction on the way. Long term investors don't have any fear but it's the short term Investors that bought Bitcoin because of the gains they expect as people fomo for the halving. If I was investing for short term I'll be taking profits now and wait on the correction because we can't continually be seeing Bitcoin rising when we're not in the full bull market as what's happening is just the market being bullish. We're not in the full bull market therefore we shouldn't expect a straight forward continuous price increase.

[buwaytress]

Still feel like it doesn't suit Bitcoin to post an ATH before halving but maybe we'll buck the diminishing returns peak this one?

Last bull peak was 3.45x the previous one. So to buck diminishing returns price will need to peak at or above $69k x 3.45 = $238k. Yeah that's not gonna happen haha.
~
So basically, diminishing returns is gonna continue, but that doesn't mean we won't still get a very nice bull run over $150k next year.

More tongue-in-cheek when I said that than anything else! I even feel the big six-digits is a stretch in this upcoming cycle, let alone this near-halving that more and more people are warming up to. Next year's always been the feeling for me, backed by little more than my faith in post-halving cycle.

Like SkepticalChemist says above, I understand why it's happening, but can't comprehend how people think what makes sense to them is the reason behind the market valuation when it's just that weight of speculation. As it is, already getting a number of "I told you sos" and I can't wait for a crash to quiet things down for a little while heh.

[teamsherry]

The market smells to me more like people speculating about the halving rather than the halving actually having anything to do with bitcoin's rise whatsoever.  I mean is there any reason why the price should skyrocket before or after each one?  That's one thing I've never understood.

I just checked the 7-day chart for bitcoin and just the last two days alone make me a little afraid of what's coming.  You guys remember the last couple of raging bull markets?  They were great while they lasted, but price increases similar to what OP showed in that chart never last for long.  I'm going to bet that whoever's speculating, i.e., buying bitcoin, in anticipation of any gains from the halving are going to sell once they've made a profit--and then we'll see a massive dip

But what the hell do I know?  I never thought bitcoin would make it to $1k, let alone where it is now.  If only I had a time machine.

Making speculations is all most can do and no one knows what to expect soon and bitcoin might never reach 100k now or might well exceed.

But I can't seem to understand why many person's are speculating a new ATH after the halving like it's such a certainty, bitcoin has really shocked a lot of person's that were speculating 60k after the halving but here it is now and the bear could even come in now we don't know. No one knows what started the bull and know one would know when it would end besides all other bull market looked like this, the halving shouldn't make this one any special

[hatshepsut93]

While every cycle, the multiplication of Bitcoin's price decreases like for the last time of 2021 bull run, it went $69k-$70k and that's around 2 to 3.5x for its growth since 2017 bull run.

So, starting with $69k, if it goes 2x or 2.5x then it's possible that we may see $150k and that's not a high speculation if we'd base that with its growth.

Although price wise, it's expensive when it goes there but can we do anything with that? I don't think so, Bitcoin's bound to hit new ATHs and new ATLs.

I'd expect the top to be less than that for 2 reasons. First is that this difference between peaks of cycles tends to decrease. In 2013 the peak was $1,300 and in 2017 it was $20,000 and then $69,000. So if we take into account not just the previous cycle but 2 last cycles then the peak might be at around $100k

Second is that the previous ATH was actually reached twice. And there was 6 months between those peaks, so it means there was a lot of resistance. It might be that the resistance is still here and massive profit taking from long-term holders will not let the price reach $150,000

[2Pizza410000BTC]

The current uptrend in the Bitcoin market appears to be a bull run, but it is not. Basically, most of us know that our bitcoin halving season will start in April and then the price of bitcoin will be more excited. Since the Bitcoin market is currently growing rapidly and its price is changing moment by moment, I can say for sure that the price of Bitcoin will exceed $70,000 before the halving. We know that when of bull's season started in 2021, the price of Bitcoin touched a maximum of $69,000, which was an all-time high for Bitcoin. However, when Bitcoin halves this season, there is definitely a possibility that the price of Bitcoin will exceed $150k. And since the price of Bitcoin has changed a lot in 2024 and moved above $57,000 before the halving, it is expected that Bitcoin will break the 2021 record before the halving. Today the price of Bitcoin has skyrocketed, and soon it is going to touch $60k, so you hold and hold your Bitcoins safely.

We saw the Bitcoin market rise to $64,000 before the Bitcoin Halving. And some to recover the rest of the market. Since we saw a peak price of Bitcoin at $69k but Bitcoin went up to $64k before the halving so we can recover to all time highs with a little market rally. But my long belief is that the bitcoin market will definitely recover before the bitcoin halving. Also, when the upcoming bull market begins a few months after the halving, we will definitely see Bitcoin hit an all-time high. But don't just analyze the market and proceed with the investment. If you can proceed with the investment, you can taste the bull market.

[Zanab247]

we haven't started yet, the market is only planning to get more volatile in preparation for the halving while it has for a long time been under the bear market, so if we have this sustained for a while its not bad at all, the bullrun will mark the beginning of a new era for a new all time high with bitcoin market price which is part of what we have been expecting, we only have to make adequate preparations for this before coming.

I guess many people are preparing for next coming bear because, they have saw what hodlers are achieving from this bull run that is still pumping since last month till this new month and the price of BTC will surely hit $80k before people will begin to see bear market they are waiting for.

With this current movement of BTC, it will attract more people to quit their investment and join BTC investment when bear season come because, just few months the price hit higher in the market for the price of BTC to break into new record which investors have never experience before in the market..

[Ojima-ojo]

we haven't started yet, the market is only planning to get more volatile in preparation for the halving while it has for a long time been under the bear market, so if we have this sustained for a while its not bad at all, the bullrun will mark the beginning of a new era for a new all time high with bitcoin market price which is part of what we have been expecting, we only have to make adequate preparations for this before coming.

I guess many people are preparing for next coming bear because, they have saw what hodlers are achieving from this bull run that is still pumping since last month till this new month and the price of BTC will surely hit $80k before people will begin to see bear market they are waiting for.

With this current movement of BTC, it will attract more people to quit their investment and join BTC investment when bear season come because, just few months the price hit higher in the market for the price of BTC to break into new record which investors have never experience before in the market.

Not necessary that people quit their investment to jump on Bitcoin when the bear market comes, but there is the right to diversify remember, Bitcoin also have its own risk and dumping all your investment in Bitcoin simply because of others who discovered and invested in Bitcoin in the past made gains from the bull market of this season.


Zanab247 just know that there is a lot to invest and allowing sentiment to set in will always result in you making inaccurate decisions that may not go well with your financial well-being, although at whatever price one buys Bitcoin,  having the right knowledge and information is necessary to be able to take the right decision when the volatility in the Bitcoin market happens, lastly, my advice is that it is better to diversify investment than to close in all in one because you saw an opportunity.

[philipma1957]

We passed 70k today nice numbers. Maybe we go to 80k in a week or so.

[lepbagong]

I guess many people are preparing for next coming bear because, they have saw what hodlers are achieving from this bull run that is still pumping since last month till this new month and the price of BTC will surely hit $80k before people will begin to see bear market they are waiting for.

With this current movement of BTC, it will attract more people to quit their investment and join BTC investment when bear season come because, just few months the price hit higher in the market for the price of BTC to break into new record which investors have never experience before in the market..

The increase was indeed visible from the beginning of the year and continued to move upwards, and the record was at $70,083 and is now experiencing another decline to prepare for an increase.



Because the halving period is still 38 days away and there will always be surprises before entering the halving, it is possible that more than $80K will be achieved and there is always a possibility that it will happen more than you expect, and it can still happen beyond predictions.

But is it true that after the halving there will be a decline? Of course, many are looking forward to buying it immediately.
I agree that at the moment we will focus on waiting for the surprise of a correction that might occur after a very sharp increase, but I think the increase will continue and could also occur before the halving period.
We all prepare for all possibilities and do not miss this opportunity.

[$weetne$$]

With this current movement of BTC, it will attract more people to quit their investment and join BTC investment when bear season come because, just few months the price hit higher in the market for the price of BTC to break into new record which investors have never experience before in the market..

Bitcoin dominance of the market is going to rise to record high as Bitcoin halving nears, more investors will be buying Bitcoin as they know Bitcoin is going to continue to rise in price. We have passed the previous highest price of the market and Bitcoin is still trading above the last ATH and it's surprising everyone including me. I didn't think the new ATH will happen before Bitcoin halvinu as from my research it hasn't happen before but there's always a first time for things to happen differently and I'm glad I'm a part of the market when this new record is happening. Something I'm noticing too is some altcoins are also rising in price and not just Bitcoin but Bitcoin will be the biggest gainer as more investors will be buying Bitcoin because of the safety it guarantees.