The market smells of bitcoin halving. 54 day left!

[Out of mind]

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.

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[adaseb]

What started this pump was the MSTR buy of 3000 BTC. Which they bought at like $51.5K. It started a rally and we ended up at $55K as the top for the NY session.

Then when the etf flows came out, we broke almost to $57.5K. Because Fidelity is around $250M and Ark is $130M and GBTC is $20M negative. So most likely IBIT will be closer to $400M and we should have a record day for inflows. Crazy times.

[livingfree]

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.

[crwth]

What a crazy time that we have now, there are a lot of things happening and I hope everyone can keep up someway somehow. I do see it rising to the occasion and making sure that there is a plan for everything that you do. It's impossible not to feel that type of FOMO and maybe make the wrong decisions in the future. I believe it will rise in price and reach the mark that we always want $100K. When everyone is buying, make sure to have a plan.

[kro55]

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.

I have also seen some investors hypothesize about this, some think that history will change because this year we have a bitcoin ETF but honestly, no one knows what will happen. Personally, I think that since the market is unpredictable, we should stick to our plans instead of predicting when bitcoin will reach its ATH. I mean, if you plan to sell when bitcoin hits $200k then you should stick to your plan. Don't focus too much on whether bitcoin will break the 2021 record before or after the halving because if it doesn't happen as we expected. That will disappoint us, while it is only a matter of time before bitcoin breaks the old ATH and creates a new ATH.

[Doan9269]

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.

Its better we begin to plan ahead right from now about bitcoin halving because we are likely to experience the bullrun now during or after the halving, we can get to a new all time high and this can take no longer time than expected, now the question is whether we are seeing the last all time high of $69,000 before the halving or we are having it back after which the halving already have taken place, another thing to consider is the time for the bullrun, we shouldn't expect this to come in as immediate as after the halving, sometimes it may and other times it may not, we are not likely to also have the bullrun at once, its a gradual process that we keep having new highs until the massive high begins to mark the actual bull season.

[Z390]

What a carzy time to be alive, it's clear that this time is different and I wasn't expecting it at all, right now I believe that no one really knows what will happen in this market, this is why it's better not to take a side, either bullish or bearish its better to be prepared for both, and now that BTC is up in the 57k I think this bull market will happen faster than we want.

The halving isn't even here yet and I am here waiting for a massive decline in bitcoin value, so that I can start to DCA again, I think I've missed out already, now 60k is very possible, maybe this time is very different.

Many people are going to end up missing out on this rally, I feel this one will be short lived though but only time will tell, now I can't keep buying anymore, unless we have some retracement.

[AirtelBuzz]

The current uptrend in the Bitcoin market appears to be a bull run, but it is not.

At present everyone is making various predictions about the movement of Bitcoin price up but no one can say exactly how much the price of Bitcoin will be. The way the price of Bitcoin has been increasing for the past two days, it seems that Bitcoin will cross $60,000 very soon.

Basically, most of us know that our bitcoin halving season will start in April and then the price of bitcoin will be more excited.

Probably still 54 days and 17 hours away from Bitcoin halving as we can estimate that Bitcoin halving will happen at the end of April. Before Bitcoin halving is organized we can see small bullrun in the market, maybe the price of Bitcoin is going to touch 70 thousand dollars this time.

so you hold and hold your Bitcoins safely.

I think people holding bitcoins probably know how to keep their bitcoins safe. Many investors use non-custodial wallets to keep their bitcoins safe and secure. Perhaps these wallets are the best for keeping your invested bitcoins safe. Moreover, it is your responsibility to protect the seed phrase of the wallet you use.

[philipma1957]

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.

well lets hope you are right.

one thing is true 57k is not that bullish for a miner.

72k right now would ease a miners fear of the ½ ing and the full on fomo induced bullrun would happen.

If we do it before the ½ ing it would be very cool indeed.

[Lucius]

What started this pump was the MSTR buy of 3000 BTC. Which they bought at like $51.5K. It started a rally and we ended up at $55K as the top for the NY session.

I would not agree that this pump has anything to do with Microstrategy, because why would 3000 BTC make any difference when the company already has 190 000 BTC? If we look back, we can see that most of the purchases made by MS did not have too much impact on the price.

On the other hand, BTC spot ETFs (US) have so far accumulated, if I'm not mistaken, more than 300 000 BTC, and regardless of the fact that they buy through the OTC, such an outflow of coins must have not a psychological, but a concrete impact on the price of BTC.

Then when the etf flows came out, we broke almost to $57.5K. Because Fidelity is around $250M and Ark is $130M and GBTC is $20M negative. So most likely IBIT will be closer to $400M and we should have a record day for inflows. Crazy times.

Although we were skeptical at the beginning because the price of BTC did not explode immediately after the approval of ETFs, now we see the real effect, and the question that is asked the most is how much BTC will end up in the wallets of all those companies. What there is no doubt about is that they had perfect timing regarding the approval, and now they just have to play by simple rules and there is no doubt that they will make huge money in the next 2 years.

[buwaytress]

Hmm. So a new ATH before the halving in just under 60 days? I'm getting used to seeing new milestones and trends broken within a halving cycle, but this to me feels a lot more significant than the "crash will never go below the previous ATH" trend I thought was pretty big.

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?

[dunfida]

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.

Its not bad on being optimistic but it would be always best that you should really be limiting out your expectations because this market isnt something that could really be known. We wont really be able to tell
if this current price rally would really be going through until the halving period or day or moment or this is really just that good for pre-bull run and we would really be having later on some anticipated dumps.?
No one really knows actually but in majority on what most people been considering basing up with those past or history of that last cycle then there's such movement but we shouldnt really be forgetting that
we do have that prehalving dump also as well. Somewhat it doesnt really mean that it would be happening into this cycle but we shouldnt really be removing those probabilities on which we know that this is
something could neither happen or not.

We are really that going near with the halving season and honestly this is always been the main anticipated thing into this market on which we know on whats the thing comes
next which is "BULL RUN".

[thecodebear]

Hmm. So a new ATH before the halving in just under 60 days? I'm getting used to seeing new milestones and trends broken within a halving cycle, but this to me feels a lot more significant than the "crash will never go below the previous ATH" trend I thought was pretty big.

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.

The bull run was quite small last cycle though. And since it crashed in the middle of the bull run we had that double peak. Add in ETFs this time which is a HUGE bullish factor, and throw in a little extra boost from US Fed gonna start dropping interest rates probably this summer which will make investors start to get a bit more loose with their money. All those things I would say maybe the bull run this time could be as large as the small bull run last cycle...but $238k just seems way too high even if everything went right and nothing went wrong. I'd say 2x - 2.5x is probably where the peak will end up, which would be $138k - $172k. Maaaybe it goes a little bit higher than that like to $180k, but $238k I think is far outside what is remotely possible this market cycle. Maybe if like Apple, Microsoft, Google, and Amazon a year from now all announced they were picking up billions of dollars of bitcoin each the hype might push it to $200k, but that obviously is not going to happen.

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.

[The Sceptical Chymist]

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.

[Lucius]

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.

The pre-halving effects have never had a significant impact on the price, and what is happening now has nothing to do with the halving, but with a fairly large amount of money flowing into Bitcoin through spot ETFs. The time when we can expect the halving effect is usually at least 6 months after it happens.

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

If we take into account what happened in the past, then the price correction will happen at some point, which is a completely normal phenomenon, considering that the price of something cannot go up constantly. Still, ETFs show no signs of slowing down, and the law of supply and demand pushes the price up.

We have already speculated that this year and the next year have all the prerequisites to be very positive when it comes to the price - the approval of spot BTC ETFs in the US and the halving create the conditions for a perfect storm that you may see once in a lifetime.

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.

When it comes to Bitcoin, the word "impossible" should not be used, because no matter how impossible it seemed at some point, it turned out that we were often wrong. As for the time machine, I hope you wouldn't use it like Jim did

[Uhwuchukwu53]

This sudden rise why we still have two months ahead the halven is amazing, I wise I have acquire my desire target as follow up on OKX exchange this morning I saw higher rising than that if yesterday but see the signal if the April halving is already started gradually.
This time opportunity will very painful that person miss it because rush for no holding BTC.

[Ojima-ojo]

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.

Alot of speculations ever since the Bitcoin ETF approval, and this have push for more positive outlook for Bitcoin and this time it happens to be around the halving have contributed significantly to what we are seeing presently at the moment,  Bitcoin is almost heading to 60k which is out of our expectation before the halving.


I think this time we are going to see an all time high price before the halving itself and when that happens,  the ATH benchmark will be sustained longer than what we used to see in previous all time high where that price never last for long before it dropped

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

We may likely not see any dip again before the bitcoin halving and investors already have the chances of buying Bitcoin at discounted price before now, but from here on we will sustain a 50k-60k bitcoin price till the halving cycle comes, although this is just my individual speculations


Bitcoin ETFs have changed the way the market will react during this period and even though we have expected price increase and possible ATH immediately after the US Bitcoin soot trade approval,  but here we are the market is beginning to have a positive different outlooks and this time it started gradually.

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.

bitcoin have a way of beating our imaginations so you are nit alone in this.

[peter0425]

The current uptrend in the Bitcoin market appears to be a bull run, but it is not.

At present everyone is making various predictions about the movement of Bitcoin price up but no one can say exactly how much the price of Bitcoin will be. The way the price of Bitcoin has been increasing for the past two days, it seems that Bitcoin will cross $60,000 very soon.

Basically, most of us know that our bitcoin halving season will start in April and then the price of bitcoin will be more excited.

Probably still 54 days and 17 hours away from Bitcoin halving as we can estimate that Bitcoin halving will happen at the end of April. Before Bitcoin halving is organized we can see small bullrun in the market, maybe the price of Bitcoin is going to touch 70 thousand dollars this time.

so you hold and hold your Bitcoins safely.

I think people holding bitcoins probably know how to keep their bitcoins safe. Many investors use non-custodial wallets to keep their bitcoins safe and secure. Perhaps these wallets are the best for keeping your invested bitcoins safe. Moreover, it is your responsibility to protect the seed phrase of the wallet you use.

That is soon to happen , april is more than a month to come so what I wanted to hear from people is that are we all ready to taste the bringing of halving? while we are in bull now changes may come anytime before halving because We have noticed this for how many times now?
I have seen Halving for 2x and this will be my 3rd time and now I am sure that  I am ready for what will come because in the last 2 I did not managed to make so much because of my continues spending of money.

[Dunamisx]

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.

[el kaka22]

It's really going so high, we are getting closer to ATH already and that makes me feel super excited about the halving. But I still do warn people that the closer we get ,the higher chance of a crash as well and we should be careful, sure you should buy now but also have one hand on the trigger just in case anything happens, that should be the most important part and there could be something that can be done about it.

I personally believe that the best way to approach this would be making sure that you have a trailing stop loss just in case the price drops. Meanwhile, I do support people buying as much as they can, that would be the smart decision and should be getting to a point where it will make a lot of sense.