JP Morgan says BTC price could drop after 2024 halving

[electronicash]

the correction down to $40k if it happens, may just be a quick drop in price and will come back to start going up again after a week or two. yes it's possible. i believe the chart says so. the continous rise of demands is keeping the price up though.

just bear in mind that halving will always make the supply less compared to the demand which the demand these days is much higher than what it was in the previous years and this is because of the ETFs.

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[Nrcewker]

What I see about this is that JP Morgan may want the market to crash so that he can buy more bitcoin at lower price. It will surprise him and see how he failed in his analysis when bitcoin get to $100000. What I can say is that people should not listen to him because he is analyzing the market in a wrong way or for his personal reasons.

This is the strategy that many whales try and every time gets success in this. They use the power of social media and their fanbase to create such hype for which the price always goes down. Elon Musk already did this with Doge, and now it is being tried with Bitcoins. So it will only affect if more people sell the coin by freaking out. I don’t think this will happen any near soon. So let’s just enjoy the ATH phase of the coin.

[shield132]

History has shown us that Bitcoin's market price goes up after each halving. But this time's different. Especially when institutional investment companies are buying up most of the circulating supply. BTC reached a new ATH right before the anticipated halving event of April 2024. Prices are going up, and everybody's happy. But what if there's a big market correction once the hype ends? According to JP Morgan, Bitcoin could go down to the $40k range after the halving craze is over. So we'll be seeing the inverse effect of what used to happened before spot ETFs became a thing in the crypto industry. You can read all about it here: https://www.theblock.co/post/279833/jpmorgan-bitcoin-price-april-halving

What do you think of Bitcoin's current situation? Will it retain ATHs after the halving? Or will there be a massive bloodbath in market prices? Do you think the halving is already priced in? What would you do? Sell or keep "hodling"? Your input would be greatly appreciated. Thank you.

People always expect that Bitcoin will rise after halving because once every 4 years, the Bitcoin block reward is split in half but demand increases, which results in a massive bullish market. This year there is a very different situation. This is the first time that Bitcoin got ETF approval and a massive amount of money flooded into it. Bitcoin ETF is as important an event as halving, so in fact, we are experiencing double halving to say it otherwise. Bitcoin will rise even higher after halving and in one year it will reach one of the highest levels of price. Then, it will definitely crash, that's inevitable, when the bubble grows too much, it has a limit where once that gets reached, the bubble will burst and price will crash.

[Nanga Parbat]

What do you think of Bitcoin's current situation? Will it retain ATHs after the halving? Or will there be a massive bloodbath in market prices? Do you think the halving is already priced in? What would you do? Sell or keep "hodling"? Your input would be greatly appreciated. Thank you.

If you look at the direction of Bitcoins rally after every rally there is usually a short dip.
Bitcoin nearing $80'000 excites people but in the meantime there is some fear as to whether this is the right place or will be more like a temporary dip. And I don't think Bitcoinwill take that deep sdio now that the Havling is near and Bitcoin has, The Bitcoin correction is underway, but according to expert analysis,it is not expected to drop below $66,000.

[MFahad]

What do you think of Bitcoin's current situation? Will it retain ATHs after the halving? Or will there be a massive bloodbath in market prices? Do you think the halving is already priced in? What would you do? Sell or keep "hodling"? Your input would be greatly appreciated. Thank you.

JP Morgan isn't a fortune teller or someone who knows the future, he is making assumptions and he is most probably doing that to spread FUD so that people start selling their holdings the market takes a plunge and he can fill his bag with low priced sats, that's what these so-called influential people do. So people shouldn't give much attention to such things, even if the market does that, we don't need to make it happen ourselves.
What I think about the current situation is that it's surprising, no doubt, but since this happened, I expect Bitcoin to at least touch $80k before the halving or before we see some correction but only if it manages to go above $75k.

[Marvelman]

What do you think of Bitcoin's current situation? Will it retain ATHs after the halving? Or will there be a massive bloodbath in market prices? Do you think the halving is already priced in? What would you do? Sell or keep "hodling"? Your input would be greatly appreciated. Thank you.

If you look at the direction of Bitcoins rally after every rally there is usually a short dip.
Bitcoin nearing $80'000 excites people but in the meantime there is some fear as to whether this is the right place or will be more like a temporary dip. And I don't think Bitcoinwill take that deep sdio now that the Havling is near and Bitcoin has, The Bitcoin correction is underway, but according to expert analysis,it is not expected to drop below $66,000.

I agree with you there.  After those huge rallies, Bitcoin seems to need a bit of a rest period before it picks up steam again and  the excitement can only be sustained for so long before things settle down. 

But predicting where the bottom will be is tricky business.  The crypto market has a mind of its own sometimes.  Even the experts can only make their best guesses that the floor might be around $66,000. The market moves fast and sentiment can shift pretty quickly.  I try not to put too much faith into any single number, but I also hope that we will not go below 60k ever again.

[bitzizzix]

What I see about this is that JP Morgan may want the market to crash so that he can buy more bitcoin at lower price. It will surprise him and see how he failed in his analysis when bitcoin get to $100000. What I can say is that people should not listen to him because he is analyzing the market in a wrong way or for his personal reasons.

This is the strategy that many whales try and every time gets success in this. They use the power of social media and their fanbase to create such hype for which the price always goes down. Elon Musk already did this with Doge, and now it is being tried with Bitcoins. So it will only affect if more people sell the coin by freaking out. I don’t think this will happen any near soon. So let’s just enjoy the ATH phase of the coin.

Things like this always happen when Bitcoin is bullish because that is their strategy to be able to collect Bitcoins in their pockets and the internet and all social media are their strategy. Because it is one of their effective action strategies and makes many people panic because of their action, and this will be very influential for many beginners.
And as for JP Morgan, I'm tired of his behavior, because he always expresses very disrespectful opinions about Bitcoin, but it doesn't work for those who already know about it, especially those or old investors.

[Faisal2202]

Exactly. Everybody's happily talking about BTC going up. But you will see the majority panic selling once there's a market correction. It could either happen this year, or the following one. JP Morgan could've said those comments to buy more BTC at a discounted price. Who knows?

It is crypto anything can happen, bad news is enough to dump the whole market, for example, SEC delisting or disapproving BTC ETFs, but that's not going to happen anytime soon, but for a moment imagine. There could be many other news that can dump the BTC. Before it was the amount of BTC that the US held in seizure which is a lot, and once they will sell them all in this year the price has to be dumped, but according to the market's sentiments, it can consume that BTC as well. As buying is happening now.

The point is, I have also heard from some analysts in the news that BTC might take correction after halving, but that's not for sure, it can be a biased prediction, and they might want to sell the news for their own goods. The thing we should consider here most is, what actually we want from this correction, all of the investors want two things, want to exit the market with some profit before this correction, second they want to make an entry again after the correction. But in the long run, why take this risk what if no correction occurs? So hold what you have, and do DCA if you want to buy. We all know till 2025 or after 2024 a new ATH is going to be made.

[Hamza2424]

What I see about this is that JP Morgan may want the market to crash so that he can buy more bitcoin at lower price. It will surprise him and see how he failed in his analysis when bitcoin get to $100000. What I can say is that people should not listen to him because he is analyzing the market in a wrong way or for his personal reasons.

Such negative statements by these people never passed any weightage because everyone knows the inside they always play under this shady public statement. On his analysis, I cant say he's wrong or right but a temporary shake-off is highly possible and for the Bull run's peek it's one of the catalysts. I'm expecting the market to close around below 100k by the end of the year for the real ATh of the cycle we need to wait for 2025.

The push back is already done in the market and the retail investment is on the way and its just a matter of time before changing the public narrative that they won't see Bitcoin below 50k anymore.

[Jating]

History has shown us that Bitcoin's market price goes up after each halving. But this time's different. Especially when institutional investment companies are buying up most of the circulating supply. BTC reached a new ATH right before the anticipated halving event of April 2024. Prices are going up, and everybody's happy. But what if there's a big market correction once the hype ends? According to JP Morgan, Bitcoin could go down to the $40k range after the halving craze is over. So we'll be seeing the inverse effect of what used to happened before spot ETFs became a thing in the crypto industry. You can read all about it here: https://www.theblock.co/post/279833/jpmorgan-bitcoin-price-april-halving

What do you think of Bitcoin's current situation? Will it retain ATHs after the halving? Or will there be a massive bloodbath in market prices? Do you think the halving is already priced in? What would you do? Sell or keep "hodling"? Your input would be greatly appreciated. Thank you.

Mate, we should be done with JP Morgan, we have seen what they have done or what the narratives of them saying this and that on Bitcoin market.

So to answer, yeah, we will have a new all time high in 2025, despite what perma-bulls or those entities that something bad to say on Bitcoin and on the contrary keep buying and looking for big profits like JP Morgan.

Yes, they are one of the most successful banks, but it doesn't mean that we will believed everything what they say.

[Cryptomultiplier]

History has shown us that Bitcoin's market price goes up after each halving. But this time's different. Especially when institutional investment companies are buying up most of the circulating supply. BTC reached a new ATH right before the anticipated halving event of April 2024. Prices are going up, and everybody's happy. But what if there's a big market correction once the hype ends? According to JP Morgan, Bitcoin could go down to the $40k range after the halving craze is over. So we'll be seeing the inverse effect of what used to happened before spot ETFs became a thing in the crypto industry. You can read all about it here: https://www.theblock.co/post/279833/jpmorgan-bitcoin-price-april-halving

What do you think of Bitcoin's current situation? Will it retain ATHs after the halving? Or will there be a massive bloodbath in market prices? Do you think the halving is already priced in? What would you do? Sell or keep "hodling"? Your input would be greatly appreciated. Thank you.

Mate, we should be done with JP Morgan, we have seen what they have done or what the narratives of them saying this and that on Bitcoin market.

So to answer, yeah, we will have a new all time high in 2025, despite what perma-bulls or those entities that something bad to say on Bitcoin and on the contrary keep buying and looking for big profits like JP Morgan.

Yes, they are one of the most successful banks, but it doesn't mean that we will believed everything what they say.

Everyone including JP Morgan is entitled to their opinion. Bitcoin's price increases based on demand. The initiatives it develops alongside it as it grows like the spot ETF recently, helps to make sure it remains committed to dominating the cryptocurrencies market for a long time.
People always say what they want many atimes, but when it comes to BTC, crypto signal groups couldn't do as much as to correctly predict what might happen next, and even if the whales start moving.
We just HoDL and hope and observe how the market unfolds after the halving has happened.

[Assface16678]

History has shown us that Bitcoin's market price goes up after each halving. But this time's different. Especially when institutional investment companies are buying up most of the circulating supply. BTC reached a new ATH right before the anticipated halving event of April 2024. Prices are going up, and everybody's happy. But what if there's a big market correction once the hype ends? According to JP Morgan, Bitcoin could go down to the $40k range after the halving craze is over. So we'll be seeing the inverse effect of what used to happened before spot ETFs became a thing in the crypto industry. You can read all about it here: https://www.theblock.co/post/279833/jpmorgan-bitcoin-price-april-halving

What do you think of Bitcoin's current situation? Will it retain ATHs after the halving? Or will there be a massive bloodbath in market prices? Do you think the halving is already priced in? What would you do? Sell or keep "hodling"? Your input would be greatly appreciated. Thank you.

Mate, we should be done with JP Morgan, we have seen what they have done or what the narratives of them saying this and that on Bitcoin market.

So to answer, yeah, we will have a new all time high in 2025, despite what perma-bulls or those entities that something bad to say on Bitcoin and on the contrary keep buying and looking for big profits like JP Morgan.

Yes, they are one of the most successful banks, but it doesn't mean that we will believed everything what they say.

True! In fact, bitcoin already surpassed its previous ATH, and the bitcoin price right now is circulating at $70k, and JP Morgan says that the bitcoin price will drop after the halving event. Haha, little he knows people right now are already halving and that's the cause of bitcoin being bullish right now. Take note that this is not the actual bull run, so there is still a correction, but I don't think that it will take a huge dip. Based on what we are seeing, the bitcoin price is more on the up trend, meaning those investors are not selling their bitcoin until it skyrockets. I believe in the bitcoin community; they will not sell their assets right away. I got the feeling that we are all the same that we want bitcoin to raise up more and more, and it is possible as long as no big investors will sell their bitcoin.

[oktana]

It doesn’t have to be so much of a decline that one will refer to it as a bloodbath. It is possible that there would be a decline in value after the halving happens. Obviously volatility alone explains the possibility. I also think that when the halving happens, Bitcoin price wouldn’t be far from what it is today. So yes, it’s already priced in. But we are all speculating as none of us is able to control the market.

[Dr.Bitcoin_Strange]

What do you think of Bitcoin's current situation? Will it retain ATHs after the halving? Or will there be a massive bloodbath in market prices? Do you think the halving is already priced in? What would you do? Sell or keep "hodling"? Your input would be greatly appreciated. Thank you.

What I now believe in crypto is that no price is impossible. Crypto price analysts and experts use the previous chart and candles, plus other tools, to predict the ups and downs of the market, but those tools are not designed to pull up or down the market after a price has been predicted. JP Morgan has only dropped his own prediction based on his interest that the Bitcoin price will fall to $40k+ and he will use the opportunity to buy more,while there are also many people (investors) who have also predicted and are praying for the price to continue to surge.

The fact is that we can use the previous price chart to predict the next movement but still get disappointed because the crypto market is not regulated by anyone. It can become volatile in any direction that we thought it may not trend in.

Personally, I am predicting that Bitcoin will reach $100k before the end of the year, but whichever way, I know I will still benefit. If it falls to $40k, it's a better opportunity to bag more, and if it still surges high, that's another opportunity to take profit.

[South Park]

History has shown us that Bitcoin's market price goes up after each halving. But this time's different. Especially when institutional investment companies are buying up most of the circulating supply. BTC reached a new ATH right before the anticipated halving event of April 2024. Prices are going up, and everybody's happy. But what if there's a big market correction once the hype ends? According to JP Morgan, Bitcoin could go down to the $40k range after the halving craze is over. So we'll be seeing the inverse effect of what used to happened before spot ETFs became a thing in the crypto industry. You can read all about it here: https://www.theblock.co/post/279833/jpmorgan-bitcoin-price-april-halving

What do you think of Bitcoin's current situation? Will it retain ATHs after the halving? Or will there be a massive bloodbath in market prices? Do you think the halving is already priced in? What would you do? Sell or keep "hodling"? Your input would be greatly appreciated. Thank you.

I would think there are high chances of this happening, the market has been moving even faster than the most positive expectations that we had and at some point a correction may come, and the halving could be the moment in which this happened, as many investors are still hoping for an even greater increase on the price once it happens, but if the market moved sideways for a few days after it, many of those people may get desperate and sell their coins for a loss, causing the market to experiment a change on the current trend.

[BlackBoss_]

OP, if you have any faith in what JPM puts out to the public every now and then, it might be wise to sell now and wait for their "prophecy" to come true. I, on the other hand, do not listen to what bankers, crazy politicians and old entrepreneurs say, because otherwise I would invest in gold, stocks and bonds, and not in Bitcoin.

The same JPM published another "spectacular" analysis a few months ago

J.P. Morgan Thinks the Big Crypto Rally Is Overdone

JPM and Peter Schiff always say such over negative speculations and they usually feel happy when they see Bitcoin falls, corrections a little bit or crashes.

They feel happily in short term because they only can take falls, corrections, crashes as their proofs that Bitcoin is not good for investors. They can not have other evidence for their statement and disbelief in Bitcoin and only can borrow those things to attack Bitcoin and want to make impacts on Bitcoin investors.

They in reality, fail with their attempts over years because Bitcoin has been continuing to rise, more and more, from yearly min prices to all time highs.
https://buybitcoinworldwide.com/stats/yearly-candles/

[adaseb]

I’ve been reading articles from all these hedge funds about bitcoin and various stocks and the conclusion is that they don’t know what they are talking about 50% of the time.

Half the predictions are correct and the other half are not. No point in reading anything that they write.

They are your competition pretty much on the open market so why would they give you any stock tips?

[pooya87]

JP Morgan says BTC price could drop after 2024 halving
History has shown us that Bitcoin's market price goes up after each halving. But this time's different.

This is not accurate.

What this statement is missing is the time-frame.
History clearly shows that right after the halving there is a drop. It is natural too and it is not surprising at all. A lot of people buy bitcoin because of halving "hype" and these people cash out when that hype ends. But such drops are never massive. You have to keep in mind that there is a difference between a correction and a crash. After halving we have a correction not a crash. Meaning price is unlikely to reach $40k.

In long term after halvings we have the bigger rise start. This bigger rallies lead to the eventual bubble.

The only reason why we are setting a new ATH before halving this time is just because due to global economic situation the cycles are broken and previous bubble-burst duo was left early and without reaching the top.

[Volimack]

No one can control the market and it is not easy to predict the ups and downs of the market. All investors are optimistic and assume that the value of Bitcoin will be much higher than this. The price tends to decrease after the increase but if the number of competitors in the market increases, the price of bitcoin will reach a higher position. JP Morgan says the basis for this statement is much less.

[martinex]

I don't dare to speculate more because market players are focusing on BTC and of course that makes the market very excited. If I predict the market with certainty, I think no one can. Yes. Although this is only one scenario that may occur in the future, where there is the potential for a decline in Bitcoin prices after the halving trend ends.

Whether it will be real or not, if JP Morgan has spoken, it usually happens because many people really listen to the old man's advice and he is also a respected person.