My instincts on the value of bitcoin from now to halving

[AVE5]

I don't mean to predict the market cap price but my conscience whispers to me that the current rise up again or bitcoin would be the last rise before halving.
As at the time of making this thread,  the price was $70K + which we're aware that it formally broke its ATH even when itsy not yet at the bull run before it depreciated again but my instincts is whispering me that this current up rise again would be the last rise before halving.

Do you have some psychological intake or some personal opinion in related to my emotion?

[1714679922]

1714679922

[1714679922]

1714679922

[1714679922]

1714679922

[1714679922]

1714679922

[1714679922]

1714679922

[Odohu]

This topic belong to speculation board. Kindly move it there for it to receive the attention it deserves.  Reputation board as the name  implies, is for topics that involves breach of protocols, abuse of privileges and display of characters not appropriate for the forum by individuals. So move this to speculation board let's go have a conversation over there.

[adaseb]

Today was a surprising day. I was expecting at the NY open for GBTC to continue dumping Bitcoin but the complete opposite happened. We started at $67K and we hit $71K at close. Barely any dips, a very strong bullish day. We are now waiting for the ETF flows to see if the flows were the cause of this huge price increase.

Other markets were down or flat like the NYSE and NASDAQ. So it seems that the whale buying all these bitcoins is back like a couple of weeks back. IF the flows show another +$500M day, then we will hit a new ATH sometime this week for sure. No idea if we hit $100K before halving which is in like 3 weeks. Not enough time.

[AVE5]

This topic belong to speculation board. Kindly move it there for it to receive the attention it deserves.  Reputation board as the name  implies, is for topics that involves breach of protocols, abuse of privileges and display of characters not appropriate for the forum by individuals. So move this to speculation board let's go have a conversation over there.

A willing soul to learning is expected to be flexible to be abided with instructions in ligns to his aims of learning.
@Odohu, thread moved to the respective speculation board as directed. So I hope to converse with you all and hopefully we'd arrive in a one accord productive goal.

[SamReomo]

We are not yet sure that it's the last rise or there would be other rises before halving event but I'm quite sure that the price of Bitcoin will be very volatile during this halving event and there's chance to see many ups and downs during these days.

I'm think that during the halving event the price of Bitcoin would be over $70k, but it could be higher as well. I don't expect to see the price of Bitcoin below $70k during the halving event, however, I'm quite sure that there will be many ups and downs before the halving event.

[kamvreto]

Don't always rely on instinct without analysis, because sometimes it will only be misleading. Try analyzing how Bitcoin's movement worked from before the ATH to reaching the current price. Bitcoin will break through an ATH that we have never seen before, this is a bull market that many have been waiting for. The crypto market will also be influenced by fundamentals with some FUD and News continuing to come, manipulation always occurs and this is done repeatedly.

[Yaunfitda]

I don't mean to predict the market cap price but my conscience whispers to me that the current rise up again or bitcoin would be the last rise before halving.

Yes, this hasn't happened before, seeing a new all time high before the halving is already huge. I mean this is a big psychology to us, and we might see it as a very good indicator pre-halving.

As at the time of making this thread,  the price was $70K + which we're aware that it formally broke its ATH even when itsy not yet at the bull run before it depreciated again but my instincts is whispering me that this current up rise again would be the last rise before halving.

Do you have some psychological intake or some personal opinion in related to my emotion?

I think you don't need to be a rocket scientist to have that call. If it happens then good, there is no greater feeling that seeing the price broke the last all time high. But you have to look at the bigger picture. Prediction is that we will see 6 digits after the bull run. So that's what we should watch as it is also the first time that we will see this price breach in the young history of bitcoin market. It's good to have hunch from time to time, its just normal. But if your goal is to make big money, then you have to wait what will be for us this bull run after halving and next year.

[TravelMug]

I don't mean to predict the market cap price but my conscience whispers to me that the current rise up again or bitcoin would be the last rise before halving.
As at the time of making this thread,  the price was $70K + which we're aware that it formally broke its ATH even when itsy not yet at the bull run before it depreciated again but my instincts is whispering me that this current up rise again would be the last rise before halving.

Do you have some psychological intake or some personal opinion in related to my emotion?

Just like you and the rest of us here, we can make wild guesses as to what the price will be. Conversely, we can see that the dip to $62k will be the last leg down for us as we approach the block halving in the next couple of weeks. But if you are a investors, I don't think you need to be emotional, it's going from time to time to make guesses, but what if your prediction is wrong? So for me, just just back and see how the market goes naturally. If it goes up then good, if you are a short term trader, you might look for profits, just like when we see the price goes from January $40k to our last all time high of $73k. If you are a long term holder, I think you should the price increase shouldn't bother you at all, but just cheering that it will continue to go up next year and reach at least $120k or higher.

[GreatArkansas]

(....)
Do you have some psychological intake or some personal opinion in related to my emotion?

For me, even before, I already thought that on every Bitcoin block halving, we do create a new all-time high, and the rally will always start before the day of the Bitcoin block halving - then we already experienced this, so for me, my target is already achieved.

Next for me is price discovery, since we have a new all-time high, we don't know where will be the resistance of the current cycle, no limitation. This time is crucial, high risk high reward.

[peter0425]

I don't mean to predict the market cap price but my conscience whispers to me that the current rise up again or bitcoin would be the last rise before halving.

good luck to your conscience whispering you wrong prediction  but indeed that it can happen both sides.

As at the time of making this thread,  the price was $70K + which we're aware that it formally broke its ATH even when itsy not yet at the bull run before it depreciated again but my instincts is whispering me that this current up rise again would be the last rise before halving.

lets leave that ATH breaking because there are multiple times that we have broken that ATH.

Do you have some psychological intake or some personal opinion in related to my emotion?

your emotion is normal when you are too confident in bitcoin growth , better to less your expectation mate to lessen your failure as well.

[Adbitco]

We can't give accurate results to what the market might break out within the next time frame or within the next month because prices do follows previous history but if I may guess correctly this year has happened to be different from history of bitcoin since we already gained another new ATH before even getting to the month of halving. This month still remaining about 5 days more so there is every possibility to breakout from 73k to 79k or could dropped below this price as a bitcoin holder we should only be optimistic about price and HODl tight.

[Kelward]

We can't give accurate results to what the market might break out within the next time frame or within the next month because prices do follows previous history but if I may guess correctly this year has happened to be different from history of bitcoin since we already gained another new ATH before even getting to the month of halving. This month still remaining about 5 days more so there is every possibility to breakout from 73k to 79k or could dropped below this price as a bitcoin holder we should only be optimistic about price and HODl tight.

Indeed this is an exceptional Bitcoin halving year, because Bitcoin price ATH always happens after halvings, but we've seen the first ATH happen before halving, so it hasn't followed the previous price pertens, and it's giving room for new pertens of predictions that we can't be certain about. Bitcoin price dump and pump before this coming halving is just happening fast and catching many analysts unaware, so I really don't want to worry myself about the guessing games, so far I'm an investor who's hodling on the long term, I'm looking ahead to when we'll reach the peak of bull run and we'll see what the new ATH price will be like.

[Adbitco]

Snip

Indeed this is an exceptional Bitcoin halving year, because Bitcoin price ATH always happens after halvings, but we've seen the first ATH happen before halving, so it hasn't followed the previous price pertens, and it's giving room for new pertens of predictions that we can't be certain about. Bitcoin price dump and pump before this coming halving is just happening fast and catching many analysts unaware, so I really don't want to worry myself about the guessing games, so far I'm an investor who's hodling on the long term, I'm looking ahead to when we'll reach the peak of bull run and we'll see what the new ATH price will be like.

From many analyst speculating that bitcoin price could get to $150k and while there are some people who are optimistic that price could get to $500k after halving but I don't see that coming though we can't give exactly what the price may falls out to be  but seeing that bitcoin has created new ATH even before halving is what kept many investor baffling and on suspend without going further to give the next out come what it could be. As holder just keep holding your investment without panicking because I know lots of people are panicking currently without knowing the next movement of bitcoin.

[Doan9269]

Bitcoin remain a misery to many because of the nature of how its been unpredictable, even those that think they are manipulating aren't always right about it, we can not give the precise direction on which the market is going, but through our various speculations, we can arrived on a conclusion of the market season we are into, bitcoin will always remain a valuable investment to us and we cannot afford missing out on any of these opportunity in each of its season.

[Lucius]

~snip~
Do you have some psychological intake or some personal opinion in related to my emotion?

Everyone has their own opinions on how things could unfold in the following months, but I don't know how to comment at all on what will happen from today until the halving, which will most likely be within the next month. Given that we have completely new players on the market (spot ETFs), major price changes are possible due to inflows and outflows of BTC from these funds.

Grayscale still has about 350 000 BTC in its possession and continues to sell them, and if a "black hole" happens again in the sense that other ETFs stop buying for a few days, a correction will occur again.

[electronicash]

I don't mean to predict the market cap price but my conscience whispers to me that the current rise up again or bitcoin would be the last rise before halving.
As at the time of making this thread,  the price was $70K + which we're aware that it formally broke its ATH even when itsy not yet at the bull run before it depreciated again but my instincts is whispering me that this current up rise again would be the last rise before halving.

Do you have some psychological intake or some personal opinion in related to my emotion?

i have the same feeling as well. that it will actually dive sending u s back again to 50-something to reset that RSI to oversold before it goes back up again to more than 80k.

looking at the price while the halving is not yet here is awesome. but we know the tradfi institutions are also buying up so if they want people to panic, what they would do is dump the price. and then governments banning exchanges so those investors who hold will be selling.  but hey no fud.

[kentrolla]

I don't have any instinct as such at this moment because first of all I was never expecting Bitcoin to reach ATH before halving and i expected some huge market corrections before and during halving which didn't happen hence no use of going by my instincts and rather I would focus on market development around Bitcoin. Your Instinct may be right or wrong but don't depend on your Instinct and rather follow the market trend closely

[Mpamaegbu]

Do you have some psychological intake or some personal opinion in related to my emotion?

At the time of making this post, on the 4hr TF the RSI shows overbought but then I've come to realize that in the market there's nothing like overbought or oversold in the true sense of it as price can stretch any length it wants. Though, from other confluences, I expect a little dip from this point at $70,300 to $67,800. If it breaks that level convincingly, we're likely hitting $52,200 region to embrace a value gap. If that doesn't hold, I'm scared to think of it but that would be price going down further to $43,800.

[STT]

Its good action for the moment I see no reason to be negative especially from here.   Even today the price action was good, its pulled back and then risen from old support which helps to confirm it and prove we are easily capable of performing further gains.

We can never presume absolutely but its fair to set a reasonable gauge based on observation.  So 71k now would be good to prove ourselves able to beat the next possible resistance, that level is just the bottom of the top range we previously traded from March 10th to March 14th.

[KingsDen]

I don't mean to predict the market cap price but my conscience whispers to me that the current rise up again or bitcoin would be the last rise before halving.
As at the time of making this thread,  the price was $70K + which we're aware that it formally broke its ATH even when itsy not yet at the bull run before it depreciated again but my instincts is whispering me that this current up rise again would be the last rise before halving.

Do you have some psychological intake or some personal opinion in related to my emotion?

My personal opinion is that, since a new record is set this year, which is BTC reaching a new ATH even before halving, it is therefore possible for anything to happen in bitcoin. Nothing is so impossible and nothing is so possible. A little positive fundamental could possibly push the market higher than expected and vice versa. It is always nice to be acquainted with both the fundamental and technical analysis and then spice.it.up with psychological intelligence.