Bitcoin pump|before halving

[lizarder]

Hopefully, this condition will continue after halving and breaking through yesterday's temporary high price. Almost all coins have turned green, which means there is a reversal in the market direction for the better.

That's how the market travels and there is always no certainty that we can see the direction the market is going. Predictions can only provide a general idea, but no one can guarantee that the price will match the analysis.

But that doesn't mean the correction is finished because there could be another correction tomorrow. We have to be prepared for whatever will happen tomorrow so that we will not be surprised by what happens. There is just a little more time left for the halving and we will see how bitcoin moves after the halving. Meanwhile, current market conditions are better than yesterday so we can expect to make even bigger profits.

Talking about halving, maybe we will see a shift in prices towards higher levels and generally this happens in a cyclical process. I want to observe how far the price movement will go beyond the limit and hope that the best moment can come after the halving arrives. The goal is that we can obtain maximum profits from the investment process we undertake and hope that this ability can provide maximum profit value.

[electronicash]

-snip-

It's only temporary and doesn't really affect if i see. For BTC, I think it will not take long for the reversal because those who come and buy now are not only individuals, but large companies and financial institutions where we have seen before, they have begun to allocate part of their portfolio to crypto assets, especially BTC so that indirectly this will give a strong boost to the adoption and price of Bitcoin from the purchases they make.

I think our job is just to go with the flow because they are just like we want the lowest price in this time. The important point is that Bitcoin has a strong long-term growth potential and this has been read by those investors, especially after this halving is over and this moment is also eagerly awaited by all circles.

Growth in adoption allows prices to rise higher due to the impact of demand - otherwise prices would fall if supply became plentiful. I agree that some investors will buy into the FOMO and exploit the cycle to profit - but the high expectations they set ultimately make them more likely to be disappointed.

I personally wouldn't have high hopes of getting bitcoin at $150K in the next bull run - but if $150K is reached, then I'd definitely get more than 4x in returns. The pre-halving pump is over - now it's time to see how the market reacts ahead of the halving. There are currently 54 block left until the halving - it's just under 10 hours until the halving.

it bounced from $60k since yesterday, it's still uncertain whether this is going to continue though.
the approval of BTC and ETH ETF in Hongkong seems to have less impact on the price but a slight movement in the tension in the middleast can cause a huge blow to the price. the effect of halving they say will be observed after a few days, in this case i guess the game is still waiting.

[Franctoshi]

The market dynamics this time around has changed, kind of seems that these time we might get the halving affect almost immediately after the event instead of the usual dump we normally get after halving and before we get the major market pumps, so this time, is looking different now, we might get a scenario like Buy the news, to supposed buy the rumor sell the news. Currently, we are in the oversold area for Bitcoin in the daily time frame, and since we started this recovery phase of Bitcoin, what I have noticed is that the price has usually reversed in the 30% RSI oversold zone.

[traderethereum]

Hopefully, this condition will continue after halving and breaking through yesterday's temporary high price. Almost all coins have turned green, which means there is a reversal in the market direction for the better.

That's how the market travels and there is always no certainty that we can see the direction the market is going. Predictions can only provide a general idea, but no one can guarantee that the price will match the analysis.

Yes, the halving has happened and the price will remain stable for a while. These predictions are still there and I hope that they will come true so that they can make a profit. We can only wait while preparing it.
Current market conditions seem to be improving, but the price war will continue.

But that doesn't mean the correction is finished because there could be another correction tomorrow. We have to be prepared for whatever will happen tomorrow so that we will not be surprised by what happens. There is just a little more time left for the halving and we will see how bitcoin moves after the halving. Meanwhile, current market conditions are better than yesterday so we can expect to make even bigger profits.

Talking about halving, maybe we will see a shift in prices towards higher levels and generally this happens in a cyclical process. I want to observe how far the price movement will go beyond the limit and hope that the best moment can come after the halving arrives. The goal is that we can obtain maximum profits from the investment process we undertake and hope that this ability can provide maximum profit value.

This price shift will happen sooner or later, but it doesn't look like prices will move suddenly for now. But if something can trigger it, the price will move immediately without us knowing why.
We will definitely have the best moment after this halving and that is when price increases will start to come and provide profits for us. This time, our profits will be greater than before.

[Essential10]

In early January of the year, the first phase of Bitcoin's price rally began around the ETF approval. After the ETF approval, Bitcoin prices began to correction for some time. Later the price of Bitcoin started to rise and he broke his previous record and touched a new record where the price of Bitcoin exceeded $73k. Although the price of bitcoin fell slightly before the bitcoin halving, many are looking at the military war between Israel and Iran as the reason, but I don't think so. I think it is normal for bitcoin price to drop before bitcoin halving. Many are saying that the price of Bitcoin will drop a lot before it halves. But the day before the Bitcoin halving, the price of Bitcoin rose significantly. Bitcoin is still on the higher side.

[FinePoine0]

Looking at the current price,Bitcoin has pumped to $69K with a very high bullish momentum. My concern is can we see bitcoin rally to 100K before halving, bitcoin has increased by 40% so far.
 Am anticipating bitcoin to surpass $72K before halving, but JP Morgan give a contradicting idea saying "bitcoin would drop to $42K before halving " ....amidst investors buying more bitcoins.
  Blackrock has now bypass Micro strategy in bitcoin portfolio,been the top player holding largest amount of bitcoin and currently getting half of the market share, which I think is influencing bitcoin pump.
Bloomberg releasing a statement saying "The rate of buying of computers by mining companies have increased and also the need of electricity by them".
What are we to expect this pre-halving season...?
Will bitcoin pump more than $80K to make a new ATH before halving.
Will bitcoin drop to $42K as speculated by JP Morgan..?
Blackrock holding more bitcoin will it not influence bitcoin pumping if we say bitcoin is affected by supply and Demand...?

Bitcoin price is likely to be dumping at present as we will be heading towards a bull market after some time. Every halving period Bitcoin price tends to be lower because all investors will buy Bitcoins during this period. And you'll find that Bitcoin transaction fees are the highest. The volume of transactions increased so much that large deposits were created in a short period of time, meaning that all Bitcoin holders were busy trading at this time.  Bitcoin whale holders hold Bitcoins.

[tygeade]

The crowd I am talking about here are retail investors like us and we are not the ones who can dictate the direction of the market even though we make up the majority of the market. The crowd will not dare to buy, but if bitcoin only increases a few percent, the crowd will Fomo and buy regardless, crowd psychology is easily manipulated and many sharks understand this.

Have you checked bitcoin today? After the volatility, bitcoin is now trading above $64k and those who have been selling or waiting for bitcoin to hit $50k must be very impatient. Like I said, I wouldn't be surprised to see them buying bitcoin as it passes $70k in the coming days.

I feel like we can "dictate" in the sense that a single whale can't, but we retail as one could, we just need to be together. Whenever there is a big movement in the crypto world, you can check and see that it is more about amount of people and not amount of money, because a million people buying at the same time will end up being more than a single person selling, this is the eternal truth and will stay like that. I get that it may not be simple and we could end up with a situation that is different.

I believe that we could do as well as we could hope for, and there is nothing wrong with just trusting the fellow retail investors and their capabilities, we are strong enough that we could make as much money as possible.

[fuguebtc]

The crowd I am talking about here are retail investors like us and we are not the ones who can dictate the direction of the market even though we make up the majority of the market. The crowd will not dare to buy, but if bitcoin only increases a few percent, the crowd will Fomo and buy regardless, crowd psychology is easily manipulated and many sharks understand this.

Have you checked bitcoin today? After the volatility, bitcoin is now trading above $64k and those who have been selling or waiting for bitcoin to hit $50k must be very impatient. Like I said, I wouldn't be surprised to see them buying bitcoin as it passes $70k in the coming days.

I feel like we can "dictate" in the sense that a single whale can't, but we retail as one could, we just need to be together. Whenever there is a big movement in the crypto world, you can check and see that it is more about amount of people and not amount of money, because a million people buying at the same time will end up being more than a single person selling, this is the eternal truth and will stay like that. I get that it may not be simple and we could end up with a situation that is different.

I believe that we could do as well as we could hope for, and there is nothing wrong with just trusting the fellow retail investors and their capabilities, we are strong enough that we could make as much money as possible.

The biggest winners in the market are mostly the sharks, the market makers, and the biggest losers are the retail investors . To me, the cryptocurrency market is still a largely manipulated market , I don't think it works according to supply and demand so that's why I don't want to follow the crowd most of the time .

Currently, bitcoin is trading above $65k and many altcoins have also had a significant recovery in the past 2 days . Meanwhile , as you can see, many predictions and many people are still bearish and waiting for bitcoin to drop to $50k.

[lepbagong]

Bitcoin price is likely to be dumping at present as we will be heading towards a bull market after some time. Every halving period Bitcoin price tends to be lower because all investors will buy Bitcoins during this period. And you'll find that Bitcoin transaction fees are the highest. The volume of transactions increased so much that large deposits were created in a short period of time, meaning that all Bitcoin holders were busy trading at this time.  Bitcoin whale holders hold Bitcoins.

Transaction costs have indeed made many hold back before waiting for the situation to change. Indeed, it doesn't take long for costs to return to normal, and it is true that this is a sign that trading is very high and is something that usually happens.
Usually, after the halving there will be a correction, but until now the development has not changed. The price continues to fall quickly and then rise again, It seems to be stagnant.
We will wait for the next few months to see what will happen before the second ATH is formed.

[FanEagle]

Trying to trade right now is a very risky business and doesn't really feel like it is going to be all that easy for a lot of people, because that seems to be the most important part. Which should be the most important part and we can't really consider it any other way.

I believe that we are going to see it change eventually and the market will be a healthier bull eventually but that doesn't mean that we are going to be able to make that profit right now, it has to be something that will take some time. This is why we need to be patient about it and if we can give the market enough time then we are going to get there, but all the people who are trying to capitalize on the volume and the volatility right now will have a hard time.

[milewilda]

Trying to trade right now is a very risky business and doesn't really feel like it is going to be all that easy for a lot of people, because that seems to be the most important part. Which should be the most important part and we can't really consider it any other way.

I believe that we are going to see it change eventually and the market will be a healthier bull eventually but that doesn't mean that we are going to be able to make that profit right now, it has to be something that will take some time. This is why we need to be patient about it and if we can give the market enough time then we are going to get there, but all the people who are trying to capitalize on the volume and the volatility right now will have a hard time.

Trading is never been easy specially on a consolidating market on which you dont know on where it would be going. Basing up with some technicals then we do have that bearish sentiment on there but we know that its never been precise to rely with these TA but of course it is really that projecting out those kind of probabilities of the things that could happen. This is why it would really be just that depending on a certain individual on how they would really be having such approach on those analysis whether they would really be waiting up for some back up fundamentals before they would really be making some entry or would definitely be that just that basing up with those technicals. It would really be something that be depending on you on how you would really be making out such action basing up into your own analysis of course.

[Yaunfitda]

Trying to trade right now is a very risky business and doesn't really feel like it is going to be all that easy for a lot of people, because that seems to be the most important part. Which should be the most important part and we can't really consider it any other way.

It might not be for everyone, and I guess majority here have been try trading but we all failed. But there could be some who become successful but it takes a lot of time and money and effort to learn and to make money out of it.

I believe that we are going to see it change eventually and the market will be a healthier bull eventually but that doesn't mean that we are going to be able to make that profit right now, it has to be something that will take some time. This is why we need to be patient about it and if we can give the market enough time then we are going to get there, but all the people who are trying to capitalize on the volume and the volatility right now will have a hard time.

Give and take a couple of months or at least at the end of this year for holders to see where it goes. But for traders, for sure they have found a way to make money, just like when the price dips at $57k a couple of weeks ago and then selling at today's price at $66k. But as I have said, for those who look for the bigger picture, let's see how it goes this December, and who knows, maybe our patience will be rewarded when we see the price hitting $100k at the end of 2024.

[Plaguedeath]

Trying to trade right now is a very risky business and doesn't really feel like it is going to be all that easy for a lot of people, because that seems to be the most important part. Which should be the most important part and we can't really consider it any other way.

Nope, currently is actually a good time to trade, why? because most people will make money since Bitcoin price is keep increasing. If Bitcoin price drop to $30K or more, then I'm sure most people will lose, it's easier to trade during bullish season, you can do blindly trade and still able to earn.

This is why there are so many self pro-claimed Bitcoin expert and trading expert show their appearance during bullish season, during bearish season they will not as active as before.

[DanWalker]

Trying to trade right now is a very risky business and doesn't really feel like it is going to be all that easy for a lot of people, because that seems to be the most important part. Which should be the most important part and we can't really consider it any other way.

Nope, currently is actually a good time to trade, why? because most people will make money since Bitcoin price is keep increasing. If Bitcoin price drop to $30K or more, then I'm sure most people will lose, it's easier to trade during bullish season, you can do blindly trade and still able to earn.

This is why there are so many self pro-claimed Bitcoin expert and trading expert show their appearance during bullish season, during bearish season they will not as active as before.

I agree when you say that during bull season we see more self-proclaimed experts appear because the market is almost always in an uptrend. But saying trading will become easier is not entirely true, it is easier than when we trade during the bear season but there are still people who lose, not everyone wins when trading during the bull season.

During the bear season there will be a recovery of bitcoin and similarly, during the bull season there will also be corrections. Just like the last correction, many people lost money because bitcoin suddenly corrected from $73k to $59k. Many people lose money because they are too subjective in thinking that bitcoin will not correct and continue to increase. Those who only traded the BTC/USDT pair suffered slight losses, but those who traded altcoin/USDT or alt/btc all suffered heavy losses during the recent correction.

[lepbagong]

Trying to trade right now is a very risky business and doesn't really feel like it is going to be all that easy for a lot of people, because that seems to be the most important part. Which should be the most important part and we can't really consider it any other way.

Nope, currently is actually a good time to trade, why? because most people will make money since Bitcoin price is keep increasing. If Bitcoin price drop to $30K or more, then I'm sure most people will lose, it's easier to trade during bullish season, you can do blindly trade and still able to earn.

This is why there are so many self pro-claimed Bitcoin expert and trading expert show their appearance during bullish season, during bearish season they will not as active as before.

I agree when you say that during bull season we see more self-proclaimed experts appear because the market is almost always in an uptrend. But saying trading will become easier is not entirely true, it is easier than when we trade during the bear season but there are still people who lose, not everyone wins when trading during the bull season.

During the bear season there will be a recovery of bitcoin and similarly, during the bull season there will also be corrections. Just like the last correction, many people lost money because bitcoin suddenly corrected from $73k to $59k. Many people lose money because they are too subjective in thinking that bitcoin will not correct and continue to increase. Those who only traded the BTC/USDT pair suffered slight losses, but those who traded altcoin/USDT or alt/btc all suffered heavy losses during the recent correction.

For those who really understand trading, maybe he can get what he wants, but whether it will always be like that, of course, it cannot be denied that there will also be a problem in analyzing. Because at this time, Bitcoin does not seem to want to move much up and down, so short -term trading is certainly not profitable in my opinion.
In situations like this, especially after the Halving period, where usually there will be a large correction that will occur or whether it will not exist, all are still question marks.
It is better to correct because of the opportunity to continue to buy again and can encourage Bitcoin to penetrate its resistance at $ 73K.

[FinePoine0]

Looking at the current price,Bitcoin has pumped to $69K with a very high bullish momentum. My concern is can we see bitcoin rally to 100K before halving, bitcoin has increased by 40% so far.
 Am anticipating bitcoin to surpass $72K before halving, but JP Morgan give a contradicting idea saying "bitcoin would drop to $42K before halving " ....amidst investors buying more bitcoins.
  Blackrock has now bypass Micro strategy in bitcoin portfolio,been the top player holding largest amount of bitcoin and currently getting half of the market share, which I think is influencing bitcoin pump.
Bloomberg releasing a statement saying "The rate of buying of computers by mining companies have increased and also the need of electricity by them".
What are we to expect this pre-halving season...?
Will bitcoin pump more than $80K to make a new ATH before halving.
Will bitcoin drop to $42K as speculated by JP Morgan..?
Blackrock holding more bitcoin will it not influence bitcoin pumping if we say bitcoin is affected by supply and Demand...?

Of course, after the halving, the price of Bitcoin is more likely to increase to the maximum. Because currently the highest bitcoin price touched was 73.6k dollars before halving but the bull market has not started yet. The price of Bitcoin will hit its peak only when the bull market begins, which may be in 2025 because of the occurrence of each halving. So currently we may have to wait till 2025 so we have to wait while holding Bitcoin.

[Dave1]

Looking at the current price,Bitcoin has pumped to $69K with a very high bullish momentum. My concern is can we see bitcoin rally to 100K before halving, bitcoin has increased by 40% so far.
 Am anticipating bitcoin to surpass $72K before halving, but JP Morgan give a contradicting idea saying "bitcoin would drop to $42K before halving " ....amidst investors buying more bitcoins.
  Blackrock has now bypass Micro strategy in bitcoin portfolio,been the top player holding largest amount of bitcoin and currently getting half of the market share, which I think is influencing bitcoin pump.
Bloomberg releasing a statement saying "The rate of buying of computers by mining companies have increased and also the need of electricity by them".
What are we to expect this pre-halving season...?
Will bitcoin pump more than $80K to make a new ATH before halving.
Will bitcoin drop to $42K as speculated by JP Morgan..?
Blackrock holding more bitcoin will it not influence bitcoin pumping if we say bitcoin is affected by supply and Demand...?

Of course, after the halving, the price of Bitcoin is more likely to increase to the maximum. Because currently the highest bitcoin price touched was 73.6k dollars before halving but the bull market has not started yet. The price of Bitcoin will hit its peak only when the bull market begins, which may be in 2025 because of the occurrence of each halving. So currently we may have to wait till 2025 so we have to wait while holding Bitcoin.

You mean to say new all time high, because if we talk about maximum, there's no such thing. It's either we reach a new all time high this bull run and then we go to another bear market, so it's cyclical. And the good is that we are already in the bull run phase, but we will have to wait before we can see a spike in the price.

Actually we did already, as we goes to $71k although below from the last all time high of $73. So more patience is needed from investors, and it might take until 2025 before we can finally see the top price or new all time high and it could be around $100k or more.

[Bravut]

Looking at the current price,Bitcoin has pumped to $69K with a very high bullish momentum. My concern is can we see bitcoin rally to 100K before halving, bitcoin has increased by 40% so far.
 Am anticipating bitcoin to surpass $72K before halving, but JP Morgan give a contradicting idea saying "bitcoin would drop to $42K before halving " ....amidst investors buying more bitcoins.
  Blackrock has now bypass Micro strategy in bitcoin portfolio,been the top player holding largest amount of bitcoin and currently getting half of the market share, which I think is influencing bitcoin pump.
Bloomberg releasing a statement saying "The rate of buying of computers by mining companies have increased and also the need of electricity by them".
What are we to expect this pre-halving season...?
Will bitcoin pump more than $80K to make a new ATH before halving.
Will bitcoin drop to $42K as speculated by JP Morgan..?
Blackrock holding more bitcoin will it not influence bitcoin pumping if we say bitcoin is affected by supply and Demand...?

Of course, after the halving, the price of Bitcoin is more likely to increase to the maximum. Because currently the highest bitcoin price touched was 73.6k dollars before halving but the bull market has not started yet. The price of Bitcoin will hit its peak only when the bull market begins, which may be in 2025 because of the occurrence of each halving. So currently we may have to wait till 2025 so we have to wait while holding Bitcoin.

You mean to say new all time high, because if we talk about maximum, there's no such thing. It's either we reach a new all time high this bull run and then we go to another bear market, so it's cyclical. And the good is that we are already in the bull run phase, but we will have to wait before we can see a spike in the price.

Actually we did already, as we goes to $71k although below from the last all time high of $73. So more patience is needed from investors, and it might take until 2025 before we can finally see the top price or new all time high and it could be around $100k or more.

Yeah, I agree with you. But I believe that a new ATH will be formed in this bull run against the current $73k, am not really anticipating $100k for now till there is a break of the $70k - $73k resistance level, then I can anticipate $100k, but am pretty sure that we are to expect a correction again before any bull run the impulsiveness of price so far isn't satisfying for me now.
We are need to be patient as you said, accumulate and hold with a long term view because every pump or dump is an opportunity for us to accumulate more Bitcoin.

[Hallroom]

Generally, according to the 2020 halving, the 2024 halving may occur. And I've noticed that after each halving bitcoin price starts to increase, at least after 100 days, so we are very close to the beginning of the bull run. So those who are still ready to invest should invest quickly as Bitcoin market will reach maximum highs soon after dumping.

[tengui]

now it has been answered, after the halving started the price of bitcoin did not go anywhere or was stable. there is no decline to $42k or rise to $80k because since the halving has not started until now bitcoin prices tend to be stable between $60k-$70k. The price of bitcoin is greatly influenced by supply and demand, so whoever holds bitcoin has influence over bitcoin. but in this case we are not talking about whales who have a lot of bitcoin because the halving is related to miners.