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Author Topic: Bitcoin halving, how low the price can be?  (Read 731 times)
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March 26, 2024, 01:45:57 AM
 #1

Next month will be Bitcoin halving, how far can the price go down? or how high can the price go up?
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March 26, 2024, 08:36:52 AM
 #2

Let's use PlanB prediction, the floor price he estimates might be around $49K-$55K and it might cross $532K during bull run. If you ask about the price during halving event, probably went a bit and then we might suffer a little drop.

between $49k-$55k based on STH

Plan B acknowledges that there are error bands in the S2F model, but he believes that the price of Bitcoin will reach $532,000 in 2025.


R


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March 26, 2024, 08:49:32 AM
 #3

Let's use PlanB prediction, the floor price he estimates might be around $49K-$55K and it might cross $532K during bull run. If you ask about the price during halving event, probably went a bit and then we might suffer a little drop.

between $49k-$55k based on STH

Plan B acknowledges that there are error bands in the S2F model, but he believes that the price of Bitcoin will reach $532,000 in 2025.

The thing with PlanB is that his S2F modelling was already exposed to be flawed, as his modelling predicted that we will reach $100k from last bull run and it didn't happen. And so maybe some of his followers might not "believed" what he had to see again.

Well we have seen that we reach new all time high already at $73k.

And so it could be the floor price already. And again if S2F estimates it to be around $49K-$55K, then it could be wrong again. But PlanB can readjust it again to fit his narratives, just saying.
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March 26, 2024, 08:52:56 AM
 #4

Next month will be Bitcoin halving, how far can the price go down? or how high can the price go up?
This topic is supposed to be dropped at the speculation board because it's about predictions (up and down of price). If you really know what halving is you understand that is a process where it divides the process of Bitcoin mining in halve. I haven't witnessed any halving because I am new to crypto currency but I hope this ones becomes a good experience to me and those that's new to crypto currency.
Bitcoin halving circle happeneds each 4 years (from what I have read). 3 halving has passed from 2016, 2016, 2020 now we want to experience another halving that will make it the 4th halving.
I can't really tell about how low or how high the price might be.

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March 26, 2024, 09:05:43 AM
 #5

Let's use PlanB prediction, the floor price he estimates might be around $49K-$55K and it might cross $532K during bull run. If you ask about the price during halving event, probably went a bit and then we might suffer a little drop.
Plan B's model, S2F, fails with its price forecast last cycle. It fails to predict the top of last cycle.

I would choose a better indicator, that points the top of last cycle correctly. Pi Cycle top indicator.
https://www.lookintobitcoin.com/charts/pi-cycle-top-indicator/

I will check Realized price too
https://www.lookintobitcoin.com/charts/realized-price/

I always keep my eyes on Fear and Greed index.
https://www.lookintobitcoin.com/charts/bitcoin-fear-and-greed-index/

And lastly Google Trend on Bitcoin.
https://trends.google.com/trends/explore?date=all&q=bitcoin&hl=en

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March 26, 2024, 09:43:12 AM
 #6

Next month will be Bitcoin halving, how far can the price go down? or how high can the price go up?

As you know we are already in the bullrun season for bitcoin, we cannot be precise on how or when the market price go go high or low, but have this as a constant expectation with the market that we may not go as low as $50,000 and expect as high as $150,000 between now and next year after which we had the halving next month, if you invested, you will definitely experience the bull run coming further with new all time highs and be profitable in your bitcoin investments.
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March 26, 2024, 09:50:55 AM
 #7

You really want to find this out? Because I don't, there is no way you can be perfect with the bottom or the top, it's just too much of a worry for me.

Instead I choose to be ready for both sides, have you bought some Bitcoin already? There lord, there was a lot of time to have done this already, the 17k the 15k? No excuse about missing buying the dip unless you are too greedy.

I already have some Bitcoin and I have positioned myself with some USDT, waiting on some possible dump and I will go right in, if it doesn't come then I will ride up with my Bitcoin.

Forget what the price may be, get ready for both.
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March 26, 2024, 02:38:53 PM
 #8

Let's use PlanB prediction, the floor price he estimates might be around $49K-$55K and it might cross $532K during bull run. If you ask about the price during halving event, probably went a bit and then we might suffer a little drop.

between $49k-$55k based on STH

Plan B acknowledges that there are error bands in the S2F model, but he believes that the price of Bitcoin will reach $532,000 in 2025.

The prediction of planB? For that take it from me, the minimum is $0 and the maximum is $1T per bitcoin for the next cycle. With that prediction I'm sure I'm not wrong and so I don't have to keep rephrasing the theory when the data doesn't match what I predict, like he does. I don't even know how you continue to listen to him.

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March 26, 2024, 03:50:12 PM
 #9

how far can the price go down?
The prices may never get as low as we saw them some months ago, those times were very good opportunity to buy and those time may never come again. The prices will go down and present a little opportunity for some people to buy, but the opportunity will never be as good as what was missed.
how high can the price go up?
It is difficult for anybody to give an exact number, but the prices are expected to go high.

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March 26, 2024, 04:24:25 PM
 #10

Well, that's the thing that anyone is not sure about, because there is no specific or 100% prediction on whatthe price of bitcoin will be after the halving, but one thing is for sure: the halving will causeafter the halving, but one thing is for sure: the halving will causeafter the halving, but one thing is for sure: the halving will cause the price of bitcoin to surge even more as many people are buying more bitcoin in preparation for the bull run. Of course, we are still not sure, but as long as we want, we want bitcoin to keep on increasing in price. I know there's still a need balance so we can see and experience price drops or dips, but we can see that as an opportunity to bring bitcoin at a low price. Or we could do DCA for the series of dips when it happens during or after halving. Anyway,  I'm sure all of us are very excited about what the next result of bitcoin will be.

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March 26, 2024, 04:25:48 PM
 #11

Next month will be Bitcoin halving, how far can the price go down? or how high can the price go up?
That's a good question, The price of BTC will start to go up and make new ATH and break the older ones many times, but if we consider the CPI data and integrate the inflation impact on the BTC price, it says BTC has to cross $77k because today's $77k will be equals to the last cycle's ATh ($69k). So I am considering this time the price of BTC will go higher than $77k. Well, at least that's what I am predicting.

Some people are predicting that the price of BTC might go down after the halving, I was also convinced to such predictions, but as halving is coming near, and I am seeing the real potential of BTC and demand as well, I can say for like %80 that BTC won't go down, but will go up even after the halving. I might be wrong so DYOR and don't take my prediction as guaranteed.

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March 26, 2024, 05:38:11 PM
 #12

Let's use PlanB prediction, the floor price he estimates might be around $49K-$55K and it might cross $532K during bull run. If you ask about the price during halving event, probably went a bit and then we might suffer a little drop.

between $49k-$55k based on STH

Plan B acknowledges that there are error bands in the S2F model, but he believes that the price of Bitcoin will reach $532,000 in 2025.




lol a great way to know not to trust someone is when they say Bitcoin is gonna hit half a million this bull run  Cheesy Cheesy Cheesy Cheesy

Half a million dollars will probably most likely be hit for the first time in 2032 bull run. That's a lot of years away.





Anyway, now way to know what the price will be during the halving, all we can say is a new bull market is starting so in the months to come the price is going to be a lot higher than it is now.
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March 26, 2024, 05:52:04 PM
 #13

Let's use PlanB prediction, the floor price he estimates might be around $49K-$55K and it might cross $532K during bull run. If you ask about the price during halving event, probably went a bit and then we might suffer a little drop.

between $49k-$55k based on STH

Plan B acknowledges that there are error bands in the S2F model, but he believes that the price of Bitcoin will reach $532,000 in 2025.

lol a great way to know not to trust someone is when they say Bitcoin is gonna hit half a million this bull run  Cheesy Cheesy Cheesy Cheesy

Half a million dollars will probably most likely be hit for the first time in 2032 bull run. That's a lot of years away.

Anyway, now way to know what the price will be during the halving, all we can say is a new bull market is starting so in the months to come the price is going to be a lot higher than it is now.

even the last time they predicted B TC to go $100K in 2021 didn't happen. we know now that they are just hyping all these to get more people into crypto market. it's working though and i guess we just need to be part of it and hype this thing to hit that price too. we are all in this together you know.  Grin

if i have to predict how low the price will be is probably the same as they say, maybe around $52k since that's where the support line is. i'm not good at predicting also so i could be wrong.









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March 26, 2024, 05:53:30 PM
 #14

It's very difficult to answer this question, anything can happen, it can go up, it can fall, it can go sideways... You need to stick to the fundamentals and always buy little by little, once a week is a good strategy.

After all, you still don't know how to swim, why dive into the deep end of the pool? Enter the water little by little, start at the edges, just put your foot in...then go to the shallower parts, learn to swim first for bigger dives.

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March 26, 2024, 05:56:25 PM
 #15

Next month will be Bitcoin halving, how far can the price go down?
No one has the right answer on this one and we can always say that it can range from $10k-$20k.

or how high can the price go up?
As for this range, it can be from $100k-$500k. That's why no one really has the right answer for this one and with Bitcoin's volatility, any price can be of possibility and only time can tell on what price it is going to be soon. While you've asked this question, are you prepared for any of those possible high prices soon and you've got some holdings already? if still none, start doing DCA.

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March 26, 2024, 06:09:19 PM
 #16

We already have a bull market in bitcoin, price of bitcoin is above 70k at the moment, if the price of bitcoin goes down in next bitcoin halving then it can go down to minimum 50k, I think it will not be less. Whether the price of Bitcoin goes up or down, we must always be prepared, if you invest in Bitcoin now, you will definitely experience an all-time high. Just hold for long term, you will definitely get profit from this investment.

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March 26, 2024, 06:15:25 PM
 #17

Next month will be Bitcoin halving, how far can the price go down? or how high can the price go up?
You shouldn't get bothered as to what the price of Bitcoin would do in the short term if you are thinking about the long term, all you have to do is just get yourself ready for either ways, up or down and this should be base on on your plan of investment in Bitcoin,  and besides everything is made easier with DCA, keep aside some funds and split your capital into small portions to buy whilst Bitcoin gets dips in the price ,this way you won't miss out on opportunities to accumulate, though this is the first time we've Seen Bitcoin create a new ATH before Halving, maybe this suggests what's big ahead as we have had more institutional interest this cycle.

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March 26, 2024, 06:49:41 PM
 #18

Next month will be Bitcoin halving, how far can the price go down? or how high can the price go up?

I honestly doesnt have any idea on what going to happen in the market on Bitcoin halving, in my theory it would probably be the safe in the past Bitcoin halving for sure the market price is going to drop down a huge percentage, but honestly, it might that be the case this one, it was surely evident but there was no way to accurately predict the market in this situation, it's still kinda new to a lot of people so market patterns could easily change for sure, it's just that easy to relay on patterns.

My best guess here is the market price is going to drop I could hope back to 25k$ probably, the market is just too high at the moment, most of the traders that are in the market doesnt have any idea they just go in because of FOMO and it was pretty common where newbies are going to think that Bitcoin is unstoppable and just gonna continue to skyrocket to the point where nothing can stop it, you're a fool if you think that way, the higher the market price increase that higher the chance that the bubble is going to explode market could easily experience a huge correction where market price could drop a huge amount in just a short amount of time.

The still best strategy is still going to be Dollar Cost Averaging, I've sold some of my holdings, because for sure it might take a long time again if the market drops its going to be a long time to recover again from that drop, gaining profit is going to be reasonable every time.

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March 26, 2024, 07:03:32 PM
 #19

I always keep my eyes on Fear and Greed index.
https://www.lookintobitcoin.com/charts/bitcoin-fear-and-greed-index/
This is the craziest level I've seen of Bitcoin in its circle. At the moment it's over 80% and the
https://feargreedmeter.com which I use calls it Extreme Greed. The market is very much active and excited.

even the last time they predicted B TC to go $100K in 2021 didn't happen. we know now that they are just hyping all these to get more people into crypto market. it's working though and i guess we just need to be part of it and hype this thing to hit that price too. we are all in this together you know.  Grin
No one holds the holy grail when it comes to speculation. It's either below the mark or above it. If there's a target hit, then it's pure luck. I don't believe anyone knows exactly where price will be this bull run to hit ATH, we can only speculate. On the part of getting more people onboard the crypto space as you alleged of PlanB, I don't think it's so. If there's anything, making a prediction puts its reputation on the line. Just like it's doing now after the failed one in 2021.

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if i have to predict how low the price will be is probably the same as they say, maybe around $52k since that's where the support line is. i'm not good at predicting also so i could be wrong.
If we hit $100k before halving, I don't see price crashing and losing almost 50% which will be what $52k would be. $100k could be possible. It's just more $30k to go. In this industry, everything is possible. However, if we only get between $70k–$80k, then $52k dump is more likely after halving.

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March 26, 2024, 07:13:14 PM
 #20

So far bitcoin has dropped to $62K - Then after halving $100K it is uncertain we cannot predict we will still look forward to bullishness.

There will be many predictions from famous people who come out they are like real forecasters, we follow the flow they say but I don't fully believe even if later bitcoin suppose to $200K then it's good the price is so high from the previous ATH.

I don't think bitcoin will retreat further, the bubble will still be seen with a strong wave after the halving then that will be the moment to see the price continue to rise.

The important thing is that I have bought the $70K price and see the next price.

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March 26, 2024, 07:19:21 PM
 #21

The thing with PlanB is that his S2F modelling was already exposed to be flawed, as his modelling predicted that we will reach $100k from last bull run and it didn't happen. And so maybe some of his followers might not "believed" what he had to see again.

His model also predicted the average price where bitcoin should be at given time and as you can see we are above that level.
Remember that he predicted the stock to flow level before the 2021 bull run and at that time, he said that bitcoin should reach at least $50k and hold it as floor, when the s2f from the previous cycle was $5k and we did go above 50k, so he was right about that. What he could not predict was the fact that there will be FTX bankruptcy and this crashed the price and caused widespread panic.

You probably know that when we were at 20k last year not many people believed that we'd go back to S2F floor so soon, but we did, so I would not underestimate it.

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March 26, 2024, 07:30:46 PM
 #22

Next month will be Bitcoin halving, how far can the price go down? or how high can the price go up?
Lol 😂, dude, be specific, are you expecting the price of bitcoin to go down before or after the halving, or are you expecting the price to go up?

From experience based on my participation in past halving circle, the price of bitcoin usually dumps before the halving happens, and few days or weeks after the halving, the price will start to skyrocket, which usually meant that we are then officially into the bull run.

But if you look closely at all that have happened in this circle, I think it's easy to see that this circle is quite different from every other halving circles in the past, bitcoin reached previous all time high for the first time before halving, recorded a new all time high, and right now, few days before the halving, the price of bitcoin is still above its previous all time high price.
What I did say is that, it's actually hard to predict what bitcoin will do next, maybe before the halving, but one thing certain is that, we are going to the moon after the halving has come and gone.

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March 26, 2024, 07:43:14 PM
 #23

Bitcoin is now $69k surpassing previous $64k, no need for fear.
We already know after halving comes price increment, and new ATH,i don't think bitcoin would drop, though we are all speculating price movement but I think price will surpass $72k after halving.

Our main focus should be buying, accumulating as much bitcoin as possible for this bull run because price might not drop low again for more buyers to accumulate with low prices as it's now. Soon regret will kick into the market because some persons were busy about bitcoin price, rather than building a solid portfolio.

Bitcoin has performance so far is great with present datas, soaring over 60% so far in 2024.
We only anticipate massive bullishness after halving,

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March 26, 2024, 08:55:33 PM
 #24

Next month will be Bitcoin halving, how far can the price go down? or how high can the price go up?

Are you asking to know when to buy or to know when to project yourself when selling? I think whatever the case may be, speculation can never be your main tool in achieving what you want in this bull run. You have to understand the market very well and follow it closely. Checking from many past predictions of where bitcoin is suppose to be today, many failed in that. Now waiting for another prediction to serve as guide in protecting and filling up your portfolio could be a bad idea again. Buy when you can and sell when you’ve reached your expected profit target. This bull run is going to be massive that’s all I have to say on this that I’m certain about.

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March 26, 2024, 09:20:40 PM
 #25

Next month will be Bitcoin halving, how far can the price go down? or how high can the price go up?

I’m seeing some really wild guesses here and I’m hopeful they happen. Nonetheless I think that if it’s going low, it should go no lower than $60k. And if it must go below $60k, no lower than $55k! As for going up, I’m not sure to put a limit on that. But maybe we can see just about $80k-$90k but that doesn’t mean we can’t see higher, because looking at the price today, who would have thought we would get an ATH that quick.



 

 

 

 

 

 


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March 26, 2024, 09:39:25 PM
 #26

Next month will be Bitcoin halving, how far can the price go down? or how high can the price go up?

I’m seeing some really wild guesses here and I’m hopeful they happen. Nonetheless I think that if it’s going low, it should go no lower than $60k. And if it must go below $60k, no lower than $55k! As for going up, I’m not sure to put a limit on that. But maybe we can see just about $80k-$90k but that doesn’t mean we can’t see higher, because looking at the price today, who would have thought we would get an ATH that quick.
It is also possible the halving and the weeks after are relatively quiet, after all the price has already gone up in a significant way prior to it, so it is likely the halving itself is already priced in by traders and it could take months for the market to gain enough momentum to begin to go up again, not that it bothers me as this is probably the last period of accumulation before the bull run appears on its full glory, and we need to take advantage of it before we see bitcoin surpassing six figures.

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March 26, 2024, 09:39:52 PM
 #27

Next month will be Bitcoin halving, how far can the price go down? or how high can the price go up?
Rest assured - you never know what will happen to bitcoin the next day. Predictions basically won't always be correct even if there are some benchmarks on which to base the analysis - but if you already have bitcoin in your wallet, then be grateful and get ready for bigger events.

Nowadays there are a lot of misleading predictions - I mean they don't do any analysis, but just guess the numbers wildly. You only have to be sure of one thing - the price will be more expensive when the demand increases, that is the hope that every current holder always expresses. Don't focus on how high or how low the price will be at the time of the halving - but focus on what you currently have in your wallet.

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March 26, 2024, 09:47:15 PM
 #28

Next month will be Bitcoin halving, how far can the price go down? or how high can the price go up?
This will depend on the market sentiment, either a hype or a FUD.
We have to understand that during the halving, the price of Bitcoin is not on the up trend since it always happens before and after the halving. I can still see the $100k target after halving, and we might see this price before the year end.

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March 26, 2024, 09:47:57 PM
 #29

That I don't know.

Before the halving already ATH
After the halving will soon be $100K.

I see the price going back to the current $70K path then probably the increase will definitely continue to happen maybe the demand is soaring right?

This approaching halving will always come with so many other positives so wait... We are not thinking about low prices right now. Cheesy

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March 26, 2024, 11:10:23 PM
 #30

Next month will be Bitcoin halving, how far can the price go down? or how high can the price go up?

The market seems to be pretty positive at the moment, there isn't much negativity around, Bitcoin is moving up slowly once again, so I'm not expecting much of a dip at this point, however, we know how unpredictable the market is, it can always take a U-turn but even if it does that, it wouldn't go anywhere below $60k or in the worst case scenario, it might go up to $55k or something but that will be pretty low.

I'm optimistic that the upward movement during the bull run would make Bitcoin rally up to $100k pretty easily, and now that we have seen Bitcoin hitting a new all-time high so early, we can expect something blasting this time around and it is going to be pretty exciting.  Tongue

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March 27, 2024, 05:19:46 AM
 #31

This is the craziest level I've seen of Bitcoin in its circle. At the moment it's over 80% and the
https://feargreedmeter.com which I use calls it Extreme Greed. The market is very much active and excited.
I did not know about that site but it is a Fear and Greed meter for cryptocurrency market, not for Bitcoin only.

Their meter point is 83 now and that site considers it as Extremely Greed. I don't feel strange as each site has its own formula and criteria to calculate the meter and define its meter categories.

https://www.coinglass.com/pro/i/FearGreedIndex
The index here is 83 points and marked as Extremely Greed too.

R


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March 27, 2024, 01:32:00 PM
 #32

Next month will be Bitcoin halving, how far can the price go down? or how high can the price go up?

The speculation for the bull run proper is around $150,000 and this is by popular assumption. So I also feel this is going to be a realistic standpoint if we go by the history of the price during ATH where it was doubled after every four years and some it was trippled like the last halving.

So the expectation is more of bull than bear although in between there could be a correction but since that will not be the trend, the price will keep going up until it reach a resistant point where it will find a falling point back to where it starts preparing for another halving.

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March 27, 2024, 02:08:02 PM
 #33

Next month will be Bitcoin halving, how far can the price go down? or how high can the price go up?

The speculation for the bull run proper is around $150,000 and this is by popular assumption. So I also feel this is going to be a realistic standpoint if we go by the history of the price during ATH where it was doubled after every four years and some it was trippled like the last halving.

So the expectation is more of bull than bear although in between there could be a correction but since that will not be the trend, the price will keep going up until it reach a resistant point where it will find a falling point back to where it starts preparing for another halving.
$150k is too far in my opinion, some negative sentiment towards the market is now quite emerging, we cannot look at technical or speculative assumptions two months before it happens, we also have to look at market movements and market sentiment in adjustments that may be achieved by bitcoin because the market can change in seconds even though the trend supports bullish but rampant FUD it will reverse the trend.
If it is calculated to be at $80k-$90k it is more than enough for the halving phase this time in my opinion, yes if it reaches $150k I am quite grateful but we must stick to the realities that may occur in the market. If you look at the scale of the bitcoin rainbow chart which is getting smaller and smaller as the price gets higher it will give a little explanation on the level of fluctuation of the increase.

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March 27, 2024, 10:44:29 PM
 #34

Next month will be Bitcoin halving, how far can the price go down? or how high can the price go up?

I’m seeing some really wild guesses here and I’m hopeful they happen. Nonetheless I think that if it’s going low, it should go no lower than $60k. And if it must go below $60k, no lower than $55k! As for going up, I’m not sure to put a limit on that. But maybe we can see just about $80k-$90k but that doesn’t mean we can’t see higher, because looking at the price today, who would have thought we would get an ATH that quick.
It is also possible the halving and the weeks after are relatively quiet, after all the price has already gone up in a significant way prior to it, so it is likely the halving itself is already priced in by traders and it could take months for the market to gain enough momentum to begin to go up again, not that it bothers me as this is probably the last period of accumulation before the bull run appears on its full glory, and we need to take advantage of it before we see bitcoin surpassing six figures.

Of course it is. It could take time to go up further, I don’t really have much speculation there. But it terms of the price coming down, I don’t see how that can happen in just a couple of months after the halving (unless some bad news ensue). Many people are probably hoping to sell immediately after the halving but it’s possible that it’ll take a while just like you said.



 

 

 

 

 

 


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March 27, 2024, 10:59:34 PM
 #35

Of course it is. It could take time to go up further, I don’t really have much speculation there. But it terms of the price coming down, I don’t see how that can happen in just a couple of months after the halving (unless some bad news ensue). Many people are probably hoping to sell immediately after the halving but it’s possible that it’ll take a while just like you said.

The fundamentals are seriously changing the market this time around and it’s effect are seeing. I personally do not see a huge pump right after the halving and not much of a fall too. I think we might see a consolidating Marketing where the price doesn’t move much from his position. Currently there is a strong resistance at $72k and a support at $67k now. This two regions have been tested numerous time and the demand wasn’t able to breakthrough the resistance level while the supply also doesn’t have much sellers to break that barrier.

Price to me will remain like this until a strong fundamental narrative gets it to pump more and then we could witness a price of $80k but if it’s the reverse then we can see the support of even $56k getting tested

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March 28, 2024, 02:34:34 AM
 #36

Next month will be Bitcoin halving, how far can the price go down? or how high can the price go up?



If we base on this chart, the lowest it will go is $12,000 until this cycle on the current Bitcoin block halving.
But that number seems impossible now, we have less than a month left.

What I am waiting for is the next giga pump at any moment, as you can see, we already creating support in $68,000  - $70,000.

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March 28, 2024, 03:24:41 AM
 #37

Next month will be Bitcoin halving, how far can the price go down? or how high can the price go up?

Do you mean the correction that might follow after the Bitcoin halving is over or are you referring to how low will Bitcoin go before the halving. I think we aren't going any lower before the halving as the buying pressure is going to start coming in as we get closer to Bitcoin halving and for how far the price can go, there's an unlimited amount of prediction that we can predict about the market because everybody has their own prediction from the analysis that they have done. I have also done my own and I think we'll be trading very high too. Let see how high Bitcoin will pump before the halving, I'm expecting the price to be above $80,000 before the halving as we're already above $70,000 then Bitcoin will rise to $100,000 after the halving short term. The highest price isn't yet known but it should be higher.

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March 28, 2024, 04:07:08 AM
 #38

Next month will be Bitcoin halving, how far can the price go down? or how high can the price go up?
Within the year of the halving, I'd probably bet that $120k ish? would be the highest. Maybe even $150k if I'm going to be highly optimistic about it. It going down though, idk, I don't think it has any limit to that. I'd probably expect it to go down to $15k and anything beyond that would have to be determined after it happens instead of determining it now.  That's after all the pumps though since we usually experience a pretty large dump after a high pump. But well that's like probably a year or more later on, nothing to worry about for now imo.

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March 28, 2024, 10:26:07 PM
 #39

Of course it is. It could take time to go up further, I don’t really have much speculation there. But it terms of the price coming down, I don’t see how that can happen in just a couple of months after the halving (unless some bad news ensue). Many people are probably hoping to sell immediately after the halving but it’s possible that it’ll take a while just like you said.

The fundamentals are seriously changing the market this time around and it’s effect are seeing. I personally do not see a huge pump right after the halving and not much of a fall too. I think we might see a consolidating Marketing where the price doesn’t move much from his position. Currently there is a strong resistance at $72k and a support at $67k now. This two regions have been tested numerous time and the demand wasn’t able to breakthrough the resistance level while the supply also doesn’t have much sellers to break that barrier.

Price to me will remain like this until a strong fundamental narrative gets it to pump more and then we could witness a price of $80k but if it’s the reverse then we can see the support of even $56k getting tested

I’m not sure of where the support really is but for the resistance, I think it’s $70k IMO. Numerous times that has always been where the problem lies. It goes up and gets there but can’t exceed it. And even if it doesn’t, nothing really above it. Currently it’s $70,600 which still falls under the $70k. If we can’t break the resistance, we’re likely not going to touch ATH in a while.



 

 

 

 

 

 


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March 29, 2024, 05:01:23 AM
 #40

I do not think that it will be that low. I can see that price dropped before the halving last time, but that happened already, we have seen 65k and lower, which means that we are going to end up with nothing big. I feel like the most important part of this period would just be relaxing and letting the market recover. Look at it, it's already back to 70k which means that the drop before the halving we expected already happened and we are not seeing anything else.

We should probably consider the possibility of making a better situation happen, and we could probably see the situation change eventually. So the next up is bull run, with halving out of the way, it should be doing better and not really do that worse.

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March 29, 2024, 12:43:49 PM
 #41

Next month will be Bitcoin halving, how far can the price go down? or how high can the price go up?

The max it can go low is 50k usd. It won’t fall below it. The reason for which I am so confident is that, as Bitcoins will go down, more people will start buying it. Moreover we know that Bitcoins are fixed in numbers, hence if more people will buy it then the price to accumulate it will increase, leading to increase the demand. Hence as the demand is high and supply is less, automatically the price will go up. Hence, 50k will be the lowest price possible this halving. Now let’s see what happens.

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March 29, 2024, 01:15:34 PM
 #42

Next month will be Bitcoin halving, how far can the price go down? or how high can the price go up?
about the lowest price? i don't think i can comment on that but I will it will go down to 50k at least because that is my rebuying position and i will wait for that but  about the highest price ? I believe we will going to see 6 digits means lowest of 100k to be the target.
we have seen more than the previews ATH while we are waiting for the halving.









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March 29, 2024, 02:05:43 PM
 #43

Next month will be Bitcoin halving, how far can the price go down? or how high can the price go up?

The max it can go low is 50k usd. It won’t fall below it. The reason for which I am so confident is that, as Bitcoins will go down, more people will start buying it. Moreover we know that Bitcoins are fixed in numbers, hence if more people will buy it then the price to accumulate it will increase, leading to increase the demand. Hence as the demand is high and supply is less, automatically the price will go up. Hence, 50k will be the lowest price possible this halving. Now let’s see what happens.

But why 50k$ or not 40k$ or 60k$? There will be no specific numbers when it comes to bitcoin because bitcoins fluctuations do not completely depend on supply and demand. Bitcoin prices are still largely manipulated, and the price of bitcoin is determined by market makers . I don't believe in supply and demand at this stage as bitcoin is still too small and too easily manipulated . But personally I don't think they will let bitcoin fall before the halving, the price will continue to increase and will reach ATH before the halving occurs.

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March 29, 2024, 02:25:49 PM
 #44


But why 50k$ or not 40k$ or 60k$? There will be no specific numbers when it comes to bitcoin because bitcoins fluctuations do not completely depend on supply and demand. Bitcoin prices are still largely manipulated, and the price of bitcoin is determined by market makers . I don't believe in supply and demand at this stage as bitcoin is still too small and too easily manipulated . But personally I don't think they will let bitcoin fall before the halving, the price will continue to increase and will reach ATH before the halving occurs.


From a historical, technical perspective it could drop down to 25k or even 20k, as we started a run up to 15k in the very beginning and reached a bearish position down to 3k, which is 1/5 from that first high.
Another bull run went all the way up to about 57k and dropped back to 15k, which again is about 1/4 of the second reached high.
So if we expect a new bullrun to reach ~200k, a drop to a max of 40k could be realistic. Should a bullrun end already on a 100k, then a drop as mentioned above (25-20k) could be an option also.
IMHO after this halving we probably wont see anything below 20k again.   Wink
And Im very optimistic that we will cut the 100k on BTC this upcoming halving with this extraordinary greed right now.
Btw we have already reached the alltime high on BTC, correct me if Im wrong   Grin
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March 29, 2024, 09:36:18 PM
 #45


But why 50k$ or not 40k$ or 60k$? There will be no specific numbers when it comes to bitcoin because bitcoins fluctuations do not completely depend on supply and demand. Bitcoin prices are still largely manipulated, and the price of bitcoin is determined by market makers . I don't believe in supply and demand at this stage as bitcoin is still too small and too easily manipulated . But personally I don't think they will let bitcoin fall before the halving, the price will continue to increase and will reach ATH before the halving occurs.


From a historical, technical perspective it could drop down to 25k or even 20k, as we started a run up to 15k in the very beginning and reached a bearish position down to 3k, which is 1/5 from that first high.
Another bull run went all the way up to about 57k and dropped back to 15k, which again is about 1/4 of the second reached high.
So if we expect a new bullrun to reach ~200k, a drop to a max of 40k could be realistic. Should a bullrun end already on a 100k, then a drop as mentioned above (25-20k) could be an option also.
IMHO after this halving we probably wont see anything below 20k again.   Wink
And Im very optimistic that we will cut the 100k on BTC this upcoming halving with this extraordinary greed right now.
Btw we have already reached the alltime high on BTC, correct me if Im wrong   Grin

$20k - $25k is realistically possible of course that is based on the previous halving. But some are actually hoping to see a price floor of $10k especially those who was not able to maximize their opportunity to get more fragments.
However, we might not be able to see a sharp decline in the next several months. We might be able to see it around 2025 after everything in the bull market subsides.
The question currently is, whether or not bitcoin will surely get to 6 digits in the post halving.

R


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March 29, 2024, 09:47:57 PM
 #46

Next month will be Bitcoin halving, how far can the price go down? or how high can the price go up?

The max it can go low is 50k usd. It won’t fall below it. The reason for which I am so confident is that, as Bitcoins will go down, more people will start buying it. Moreover we know that Bitcoins are fixed in numbers, hence if more people will buy it then the price to accumulate it will increase, leading to increase the demand. Hence as the demand is high and supply is less, automatically the price will go up. Hence, 50k will be the lowest price possible this halving. Now let’s see what happens.
I might agree with that. Bitcoin price will eventually experience another price correction from this current surge, probably before halving, so setting $50k as the lowest price possible is actually what majority are expecting to see. Although there might be surprises along the way, and it’s difficult to say that we are certain with our prediction, but seeing how bitcoin price moves in the market and considering its law of supply and demand, then as much as people hope for bitcoin price to fall so they can start buying, eventually the price will go up again when the demand sets to increase.

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March 30, 2024, 10:57:04 AM
 #47

Honestly, diving into this isn't my top priority right now. I find the idea of aiming for perfection in predicting market highs and lows overwhelming. Instead, I prefer to stay flexible and ready for whatever comes my way. Have you jumped into Bitcoin yet? Opportunities were there at $17k or $15k. Missing out on those dips feels like a wasted chance, unless you're overly cautious about not getting enough returns. Personally, I've invested in Bitcoin and also set aside some USDT, ready to seize any market downturns. But if things keep going up, I'll stick with my Bitcoin strategy. Regardless of what the market does, it's important to stay adaptable and prepared for anything.
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March 30, 2024, 01:23:53 PM
 #48

Next month will be Bitcoin halving, how far can the price go down? or how high can the price go up?
This question of yours is very simple but for many people it is very difficult to answer this question. Bitcoin halving is about a month away from organizing and then the cryptocurrency market will probably be halved. Did any of us think that the Bitcoin price increase will be higher than the Bitcoin price ATH in 2021 before the Bitcoin halving. But with the rise in Bitcoin price, it surpassed that previous ATH record and set a new ATH record. In fact, no one has a proper idea about the cryptocurrency market, and no one can say for sure. I have been constantly connected with the crypto currency market since almost a few years ago and have watched the market rise constantly. In fact, we are more curious about the ups and downs of Bitcoin than we are about the cryptocurrency market. It seems to me that since Bitcoin reached a new high before the halving organized and set a new record, Maybe after the bitcoin halving the price of bitcoin will build a new ATH again.

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March 30, 2024, 01:54:39 PM
 #49

Next month will be Bitcoin halving, how far can the price go down? or how high can the price go up?
This question of yours is very simple but for many people it is very difficult to answer this question. Bitcoin halving is about a month away from organizing and then the cryptocurrency market will probably be halved. Did any of us think that the Bitcoin price increase will be higher than the Bitcoin price ATH in 2021 before the Bitcoin halving. But with the rise in Bitcoin price, it surpassed that previous ATH record and set a new ATH record. In fact, no one has a proper idea about the cryptocurrency market, and no one can say for sure. I have been constantly connected with the crypto currency market since almost a few years ago and have watched the market rise constantly. In fact, we are more curious about the ups and downs of Bitcoin than we are about the cryptocurrency market. It seems to me that since Bitcoin reached a new high before the halving organized and set a new record, Maybe after the bitcoin halving the price of bitcoin will build a new ATH again.

It's not a difficult question to answer, it's a question with no exact answer because no one has a crystal ball to know the future. If we are uncertain and not willing to take risks then we should instead make a one-sided prediction and stick to it. We can come up with 2 options for 2 scenarios, whether bitcoin continues to increase or decrease after the halving occurs, we will have a solution for that. But I think most of us are long term holders, so setting a goal is important and we should only sell when we reach our goal, and short term fluctuations in bitcoin don't need to worry too much.

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March 30, 2024, 10:56:06 PM
 #50

Next month will be Bitcoin halving, how far can the price go down? or how high can the price go up?
This question of yours is very simple but for many people it is very difficult to answer this question. Bitcoin halving is about a month away from organizing and then the cryptocurrency market will probably be halved. Did any of us think that the Bitcoin price increase will be higher than the Bitcoin price ATH in 2021 before the Bitcoin halving. But with the rise in Bitcoin price, it surpassed that previous ATH record and set a new ATH record. In fact, no one has a proper idea about the cryptocurrency market, and no one can say for sure. I have been constantly connected with the crypto currency market since almost a few years ago and have watched the market rise constantly. In fact, we are more curious about the ups and downs of Bitcoin than we are about the cryptocurrency market. It seems to me that since Bitcoin reached a new high before the halving organized and set a new record, Maybe after the bitcoin halving the price of bitcoin will build a new ATH again.

It's not a difficult question to answer, it's a question with no exact answer because no one has a crystal ball to know the future. If we are uncertain and not willing to take risks then we should instead make a one-sided prediction and stick to it. We can come up with 2 options for 2 scenarios, whether bitcoin continues to increase or decrease after the halving occurs, we will have a solution for that. But I think most of us are long term holders, so setting a goal is important and we should only sell when we reach our goal, and short term fluctuations in bitcoin don't need to worry too much.
we will never know the condition of future market movements, but some people think there will be a high correction based on analysis in terms of market increases since the end of January and the market has never experienced a high correction, although the assessment is only a prediction but it is worth considering to avoid short-term trading losses. but I apply a different strategy for long-term investment to sell some assets to convert to USDT to avoid a drastic decline, then I will buy back the bitcoin investment assets at a lower price.

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March 31, 2024, 04:51:59 AM
 #51

Next month will be Bitcoin halving, how far can the price go down? or how high can the price go up?
This question of yours is very simple but for many people it is very difficult to answer this question. Bitcoin halving is about a month away from organizing and then the cryptocurrency market will probably be halved. Did any of us think that the Bitcoin price increase will be higher than the Bitcoin price ATH in 2021 before the Bitcoin halving. But with the rise in Bitcoin price, it surpassed that previous ATH record and set a new ATH record. In fact, no one has a proper idea about the cryptocurrency market, and no one can say for sure. I have been constantly connected with the crypto currency market since almost a few years ago and have watched the market rise constantly. In fact, we are more curious about the ups and downs of Bitcoin than we are about the cryptocurrency market. It seems to me that since Bitcoin reached a new high before the halving organized and set a new record, Maybe after the bitcoin halving the price of bitcoin will build a new ATH again.

It's not a difficult question to answer, it's a question with no exact answer because no one has a crystal ball to know the future. If we are uncertain and not willing to take risks then we should instead make a one-sided prediction and stick to it. We can come up with 2 options for 2 scenarios, whether bitcoin continues to increase or decrease after the halving occurs, we will have a solution for that. But I think most of us are long term holders, so setting a goal is important and we should only sell when we reach our goal, and short term fluctuations in bitcoin don't need to worry too much.
we will never know the condition of future market movements, but some people think there will be a high correction based on analysis in terms of market increases since the end of January and the market has never experienced a high correction, although the assessment is only a prediction but it is worth considering to avoid short-term trading losses. but I apply a different strategy for long-term investment to sell some assets to convert to USDT to avoid a drastic decline, then I will buy back the bitcoin investment assets at a lower price.

I also think there will be a significant correction in bitcoin before we really enter the bigger bull season. But we have no guarantees that that will definitely happen, so I think selling some assets now and waiting to buy bitcoin at a lower price is quite risky. I expect a pullback but I will not sell any bitcoin or investments at this time, I will continue to try to work harder to save money and DCA if the market drops as expected. I think this option will be more feasible and safer than selling and waiting to buy back.

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March 31, 2024, 05:16:29 AM
 #52

I think, there will be bearish market soon but before the bearish market will appear in the market, I believe the price will reach $100,000 before it will start decreasing back to $30,000 or $40,000 for investors to purchase again and hold for future purpose. I know that if the make price by mistake enter $35,000, I think many investors will use that opportunity to store some Bitcoin that will allow them to make income that will make others investors to see them as an expert investors in the community. I don't think, next month will going to be bearish season because the bullish season is still displaying and the price is heading to $80,000 for investors to believe that $100,000 is possible in this bullish season.

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March 31, 2024, 07:12:09 AM
 #53

about the lowest price? i don't think i can comment on that but I will it will go down to 50k at least because that is my rebuying position and i will wait for that but  about the highest price ? I believe we will going to see 6 digits means lowest of 100k to be the target.
we have seen more than the previews ATH while we are waiting for the halving.
For now, it still makes sense to say the lowest price is $50K for whatever reason, but if the price is $70K it never changes or doesn't shift down and just goes sideways. I think the current price could also be a low price before Bitcoin experiences another price increase to $100K, because for me it is still quite reasonable to expect $100K this year after seeing how the ATH was created before the halving occurred this year. But for now I would rather wait for the price to increase to 6 digits than to drop back to $50K although that is also good for those who still want to buy Bitcoin in large quantities.

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March 31, 2024, 11:59:35 AM
 #54

Analyzing the future of cryptocurrencies is not simple because the situation changes so quickly that any estimate can be wrong. There is always a possibility that prices could spike, plummet, or even stabilize. It is always wise to start with DCA investments, it is a conservative way to invest in Bitcoin because buying a few Bitcoins every week will minimize your risk while the Bitcoin market is high and There are many new investors joining because of FOMO.









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April 01, 2024, 10:12:23 PM
 #55

I also think there will be a significant correction in bitcoin before we really enter the bigger bull season. But we have no guarantees that that will definitely happen, so I think selling some assets now and waiting to buy bitcoin at a lower price is quite risky. I expect a pullback but I will not sell any bitcoin or investments at this time, I will continue to try to work harder to save money and DCA if the market drops as expected. I think this option will be more feasible and safer than selling and waiting to buy back.
A correction is definitely possible, it is just that the bulls are in such a strong position that no matter what happens they are able to push the price back up, I think this confidence comes from the fact that many investors are waiting for the halving to become the starting point of another bull run, however if their expectations fell short then that is the moment a correction could come and make the price to take a step back, an opportunity that we must not miss, as who knows if we could ever get another opportunity like it.

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April 02, 2024, 03:17:26 AM
 #56

Next month will be Bitcoin halving, how far can the price go down? or how high can the price go up?

As we saw the Bitcoin halving in the month leading up to the Bitcoin halving, the Bitcoin market hit an all-time high, hitting $73,000 in the Bitcoin market prior to April. And now we can see that the Bitcoin market has dumped a lot more today in early April which brought $66k. Although the Bitcoin market has been down a lot since the beginning of April and before the halving, the halving is still a few days away, so I believe the Bitcoin market will probably see more upside next week. And before the halving the bitcoin market we all know is very pumped even though after the halving the bitcoin market goes down. I think the bitcoin market may have an opening to touch $80k before or during the halving. And after halving, the Bitcoin market will definitely turn into a bear market and then the Bitcoin market is likely to come between $45k-50 dollars.

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April 02, 2024, 05:37:58 AM
 #57

Next month will be Bitcoin halving, how far can the price go down? or how high can the price go up?

As we saw the Bitcoin halving in the month leading up to the Bitcoin halving, the Bitcoin market hit an all-time high, hitting $73,000 in the Bitcoin market prior to April. And now we can see that the Bitcoin market has dumped a lot more today in early April which brought $66k. Although the Bitcoin market has been down a lot since the beginning of April and before the halving, the halving is still a few days away, so I believe the Bitcoin market will probably see more upside next week. And before the halving the bitcoin market we all know is very pumped even though after the halving the bitcoin market goes down. I think the bitcoin market may have an opening to touch $80k before or during the halving. And after halving, the Bitcoin market will definitely turn into a bear market and then the Bitcoin market is likely to come between $45k-50 dollars.

Expecting bitcoin to reach $80k before the halving or within this month is entirely possible and I believe it too. But many people have higher expectations that bitcoin will go even higher after the halving, and they are dreaming of a target of $100k right after the halving. And I like your prediction because I also don't believe that bitcoin can go up forever without a correction. Similar to you, I think the condition for bitcoin to increase and touch 100k USD is that bitcoin must at least adjust to the 50k USD area to gain momentum as well as make weak hands sell all their bitcoin. This is a game of winning and losing, there will be no way for everyone to get rich in this market, so dumping prices to shake off the weak hands is absolutely necessary for bitcoin to rise higher.

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April 02, 2024, 12:46:22 PM
 #58

I think, there will be bearish market soon but before the bearish market will appear in the market, I believe the price will reach $100,000 before it will start decreasing back to $30,000 or $40,000 for investors to purchase again and hold for future purpose. I know that if the make price by mistake enter $35,000, I think many investors will use that opportunity to store some Bitcoin that will allow them to make income that will make others investors to see them as an expert investors in the community. I don't think, next month will going to be bearish season because the bullish season is still displaying and the price is heading to $80,000 for investors to believe that $100,000 is possible in this bullish season.
What I think is that the bearish season in the market may not start before the Bitcoin halving takes place. But we don't have the ability to understand the movement of the market, the market will run according to its own rules, maybe sometimes it will increase and sometimes it will decrease. We may see the Bitcoin halving organized this month and the Bitcoin market is pretty much bullish as of now. If bitcoin halving is organized in this month itself then there is very little chance of a bullish season i.e. a bearish season. If the bearish season begins in the market, it may be in these few days before the halving is organized. In the market, everyone is clamoring for a fall in the price of Bitcoin, thinking that they will buy more Bitcoin when the price of Bitcoin falls. But as you said, I don't know if the price of bitcoin will fall to 35000 dollars by mistake, but it may not happen.

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April 02, 2024, 01:09:44 PM
 #59

Next month will be Bitcoin halving, how far can the price go down? or how high can the price go up?

with the month is on now?

https://coinmarketcap.com/  here's the market movement as my typing and still continues to fall slowly.

I believe that we will be seeing at least 50k level till the halving happens and will slowly grow when the year comes

2024 is known as the year of 4th Halbing.  We hope to be able to show this April.  Looking at the past years, we find that there is a falling market which is a special opportunity for investors.

then how much  it will fall from this great increase for the last couple of months?

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April 02, 2024, 09:58:45 PM
 #60

Next month will be Bitcoin halving, how far can the price go down? or how high can the price go up?

The max it can go low is 50k usd. It won’t fall below it. The reason for which I am so confident is that, as Bitcoins will go down, more people will start buying it. Moreover we know that Bitcoins are fixed in numbers, hence if more people will buy it then the price to accumulate it will increase, leading to increase the demand. Hence as the demand is high and supply is less, automatically the price will go up. Hence, 50k will be the lowest price possible this halving. Now let’s see what happens.
Even really that hard to believe that we would really be going below 50k but well this market is truly unpredictable even on which if it doesnt have any negative sentiment or news behind on which prices could really be able to reach out those ranges without any reasons behind and this what makes unpredictable. This is why it would really be just that depending on you on how you would really be hovering yourself into this unpredictable space.

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April 02, 2024, 10:06:56 PM
 #61

Next month will be Bitcoin halving, how far can the price go down? or how high can the price go up?

with the month is on now?

https://coinmarketcap.com/  here's the market movement as my typing and still continues to fall slowly.

I believe that we will be seeing at least 50k level till the halving happens and will slowly grow when the year comes

2024 is known as the year of 4th Halbing.  We hope to be able to show this April.  Looking at the past years, we find that there is a falling market which is a special opportunity for investors.

then how much  it will fall from this great increase for the last couple of months?
Historically we have always big decline in price of Bitcoin before halving and same going to happen this time again with currently we are having just 10% and many are expecting good fall in coming days as well because in 2012 we have 46% fall and then in 2016 we have 40% and in 2020 we have huge fall which was nearly 60% so just keep eye on market and enjoy this fall because things can take good change in coming days which could be profitable for the many those can afford to have things under well control for them.
We all know usually whales can also do something during this period so need to stay cautious about the all situation and keep eyes around and use your part carefully with not take big risk which can hurt anyone.

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April 02, 2024, 10:43:43 PM
 #62

Next month will be Bitcoin halving, how far can the price go down? or how high can the price go up?

The max it can go low is 50k usd. It won’t fall below it. The reason for which I am so confident is that, as Bitcoins will go down, more people will start buying it. Moreover we know that Bitcoins are fixed in numbers, hence if more people will buy it then the price to accumulate it will increase, leading to increase the demand. Hence as the demand is high and supply is less, automatically the price will go up. Hence, 50k will be the lowest price possible this halving. Now let’s see what happens.
Even really that hard to believe that we would really be going below 50k but well this market is truly unpredictable even on which if it doesnt have any negative sentiment or news behind on which prices could really be able to reach out those ranges without any reasons behind and this what makes unpredictable. This is why it would really be just that depending on you on how you would really be hovering yourself into this unpredictable space.
Seeing the current bitcoin price in the market continue dropping, I guess $50k would not be impossible anymore. There are two weeks more to go before the estimated halving date, so if the price will consistently create a price decline, we will definitely end up even with a price lower than $50k. Well, no one actually knows as to what price this correction stops, but one thing certain, it will eventually goes up again after bitcoin halving in preparation for the upcoming bull run.

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April 03, 2024, 04:41:15 AM
 #63

Next month will be Bitcoin halving, how far can the price go down? or how high can the price go up?

The max it can go low is 50k usd. It won’t fall below it. The reason for which I am so confident is that, as Bitcoins will go down, more people will start buying it. Moreover we know that Bitcoins are fixed in numbers, hence if more people will buy it then the price to accumulate it will increase, leading to increase the demand. Hence as the demand is high and supply is less, automatically the price will go up. Hence, 50k will be the lowest price possible this halving. Now let’s see what happens.
Even really that hard to believe that we would really be going below 50k but well this market is truly unpredictable even on which if it doesnt have any negative sentiment or news behind on which prices could really be able to reach out those ranges without any reasons behind and this what makes unpredictable. This is why it would really be just that depending on you on how you would really be hovering yourself into this unpredictable space.
Seeing the current bitcoin price in the market continue dropping, I guess $50k would not be impossible anymore. There are two weeks more to go before the estimated halving date, so if the price will consistently create a price decline, we will definitely end up even with a price lower than $50k. Well, no one actually knows as to what price this correction stops, but one thing certain, it will eventually goes up again after bitcoin halving in preparation for the upcoming bull run.

It is true that we cannot know exactly how bitcoin will move, but I also believe that bitcoin is unlikely to drop to the $50k level at this time. According to what I just learned, there is a huge price support force at the $64k price range, the buying force is very strong at this price range so I am quite confident that the price will not be able to decrease any further. If the worse scenario happens, bitcoin will drop to $63k but then recover quickly and the purpose of this is also to sweep liquidity. I remain bullish about bitcoin's growth ahead of the halving event.

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April 03, 2024, 05:51:26 AM
 #64

Next month will be Bitcoin halving, how far can the price go down? or how high can the price go up?
I believe that we will be seeing at least 50k level till the halving happens and will slowly grow when the year comes
halving is near, I doubt even the recent dips could make it touch the level of $50k so many people are bullish, ETF is a huge success, I doubt it will ever reach $50k that unless sudden bad news comes up but overall I've seen strong market that bitcoin is having whenever its dipping there seems to be massive buying happening as well for people to accumulate I guess, if I still have money left i'd definitely make investment now but all money already invested.
we will see several weeks after halving though whats gonna happen my guess is that it has high chance of dumping just a little bit because as the saying goes buy the rumour sell the news some people gonna sell at the event but moving forward it will be bullish until the end of the year I guess at least until it hits near $100k or beyond.
for the holder that has been holding their dear investment from when bitcoin was still around $20k, then they are already hitting the jackpot turning giving them massive increase in their life savings.

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April 08, 2024, 07:24:04 AM
 #65

I also think there will be a significant correction in bitcoin before we really enter the bigger bull season. But we have no guarantees that that will definitely happen, so I think selling some assets now and waiting to buy bitcoin at a lower price is quite risky. I expect a pullback but I will not sell any bitcoin or investments at this time, I will continue to try to work harder to save money and DCA if the market drops as expected. I think this option will be more feasible and safer than selling and waiting to buy back.
A correction is definitely possible, it is just that the bulls are in such a strong position that no matter what happens they are able to push the price back up, I think this confidence comes from the fact that many investors are waiting for the halving to become the starting point of another bull run, however if their expectations fell short then that is the moment a correction could come and make the price to take a step back, an opportunity that we must not miss, as who knows if we could ever get another opportunity like it.
I think we shouldn't be expecting a correction after the halving event but before it. We are still about two weeks away from the halving event, and Bitcoin's price has already dropped below $70k which was the price from the last few days. I was thinking that if it went above $71k, we would see another new all-time high before the halving event, but if it dropped below, we might see it correcting itself in the next couple of weeks.

So now when it has dropped below that range, I'm expecting a dip or a correction from this point, and the market will start going up again when the halving event is near and once it is done, we will probably see the prices rising once again, marking the beginning of the second part of the most anticipated bull run.
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April 08, 2024, 10:46:33 PM
 #66

A correction is definitely possible, it is just that the bulls are in such a strong position that no matter what happens they are able to push the price back up, I think this confidence comes from the fact that many investors are waiting for the halving to become the starting point of another bull run, however if their expectations fell short then that is the moment a correction could come and make the price to take a step back, an opportunity that we must not miss, as who knows if we could ever get another opportunity like it.
I think we shouldn't be expecting a correction after the halving event but before it. We are still about two weeks away from the halving event, and Bitcoin's price has already dropped below $70k which was the price from the last few days. I was thinking that if it went above $71k, we would see another new all-time high before the halving event, but if it dropped below, we might see it correcting itself in the next couple of weeks.

So now when it has dropped below that range, I'm expecting a dip or a correction from this point, and the market will start going up again when the halving event is near and once it is done, we will probably see the prices rising once again, marking the beginning of the second part of the most anticipated bull run.
At this point we need to recognize that almost anything is possible, after a small correction to 65k the price has recovered at such a speed that it almost touched the previous ATH again, so when taking a look at the charts the chances of a correction before or even after the halving are slowly disappearing, as it seems the bulls are only waiting for the halving to take place to try to make the price of bitcoin to reach a new ATH and maybe even try to make a run for the 100k level.

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April 09, 2024, 02:31:14 AM
 #67

Next month will be Bitcoin halving, how far can the price go down? or how high can the price go up?
Bitcoin price is very difficult to predict. However, according to past statistics, the price of Bitcoin increased a lot after Bitcoin halving. So expect Bitcoin price to go up a lot after this halving. According to past statistics bullran will start in 2025, so expect bitcoin price to be 150k higher or lower in 2025. It's just a guess, no one can make accurate predictions. It is very difficult to predict whether the price will go down or up before the Bitcoin halving, as the price of Bitcoin has fluctuated a lot for quite some time. If you want to invest then you can invest in DCA method and hold for long time.
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April 09, 2024, 04:11:26 AM
 #68

Next month will be Bitcoin halving, how far can the price go down? or how high can the price go up?
I believe that we will be seeing at least 50k level till the halving happens and will slowly grow when the year comes
halving is near, I doubt even the recent dips could make it touch the level of $50k so many people are bullish, ETF is a huge success, I doubt it will ever reach $50k that unless sudden bad news comes up but overall I've seen strong market that bitcoin is having whenever its dipping there seems to be massive buying happening as well for people to accumulate I guess, if I still have money left i'd definitely make investment now but all money already invested.
we will see several weeks after halving though whats gonna happen my guess is that it has high chance of dumping just a little bit because as the saying goes buy the rumour sell the news some people gonna sell at the event but moving forward it will be bullish until the end of the year I guess at least until it hits near $100k or beyond.
for the holder that has been holding their dear investment from when bitcoin was still around $20k, then they are already hitting the jackpot turning giving them massive increase in their life savings.


price is still going stronger at 71-72k nearing the halving at lest more than a week now

https://coinmarketcap.com/currencies/bitcoin/

this means so much to the supporters when this supposed to be the latest increase when this must be dumping now?

I think there will always be the different approach in this matter that halving is not how we look at this year.

Go Bitcoin Fly High ..

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April 09, 2024, 11:20:23 AM
 #69

I think we shouldn't be expecting a correction after the halving event but before it. We are still about two weeks away from the halving event, and Bitcoin's price has already dropped below $70k which was the price from the last few days. I was thinking that if it went above $71k, we would see another new all-time high before the halving event, but if it dropped below, we might see it correcting itself in the next couple of weeks.

So now when it has dropped below that range, I'm expecting a dip or a correction from this point, and the market will start going up again when the halving event is near and once it is done, we will probably see the prices rising once again, marking the beginning of the second part of the most anticipated bull run.
I do agree that dip has been expected for a while now, but we are peaking at 70k again. The difference between previous halvings and this one, which even see it break over all time high as well, could be the ETF situation where thousands of bitcoin is bought everyday by those companies.

I do agree that it is not going to be that simple, and we should probably consider the situation to be sensitive as well. Think about it, it should have been much lower if we expected a historical similarity between all halvings, but looking at it now, it is above the previous all time high at this moment. This is why I think it is quite important to realize that it is not going to be too simple, and we need to make it work one way or another.

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April 09, 2024, 12:22:15 PM
 #70

I think we shouldn't be expecting a correction after the halving event but before it. We are still about two weeks away from the halving event, and Bitcoin's price has already dropped below $70k which was the price from the last few days. I was thinking that if it went above $71k, we would see another new all-time high before the halving event, but if it dropped below, we might see it correcting itself in the next couple of weeks.

So now when it has dropped below that range, I'm expecting a dip or a correction from this point, and the market will start going up again when the halving event is near and once it is done, we will probably see the prices rising once again, marking the beginning of the second part of the most anticipated bull run.
I do agree that dip has been expected for a while now, but we are peaking at 70k again. The difference between previous halvings and this one, which even see it break over all time high as well, could be the ETF situation where thousands of bitcoin is bought everyday by those companies.

I do agree that it is not going to be that simple, and we should probably consider the situation to be sensitive as well. Think about it, it should have been much lower if we expected a historical similarity between all halvings, but looking at it now, it is above the previous all time high at this moment. This is why I think it is quite important to realize that it is not going to be too simple, and we need to make it work one way or another.

It wouldn't be appropriate to consider the historic data because even I used to do that till recently and if we go by that the new ATH shouldn't have been achieved anytime sooner than a year after halving but we have seen new dynamics this year and achieved ATH hence I stopped referring to the past and historic events. I know it would be little difficult to have a say this time since the market has lot of new things for us.









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April 09, 2024, 03:56:17 PM
 #71

It wouldn't be appropriate to consider the historic data because even I used to do that till recently and if we go by that the new ATH shouldn't have been achieved anytime sooner than a year after halving but we have seen new dynamics this year and achieved ATH hence I stopped referring to the past and historic events. I know it would be little difficult to have a say this time since the market has lot of new things for us.

Because now there is a new history as a comparison with the old history which is generally very different, of course it is a little difficult to make market and price predictions for Bitcoin because what Bitcoin has achieved in the first quarter of this year is really very different from before, making more people are thinking differently about conditions that will occur in the future.

However, even though now it seems that it is no longer appropriate to refer to previous history, basically it is also necessary for many people to know as more real data on Bitcoin. Because different and surprising things can still happen again this year in Bitcoin, whether in trading volume or demand volume in the market.

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April 13, 2024, 10:09:19 PM
 #72

even the last time they predicted B TC to go $100K in 2021 didn't happen. we know now that they are just hyping all these to get more people into crypto market. it's working though and i guess we just need to be part of it and hype this thing to hit that price too. we are all in this together you know.  Grin

if i have to predict how low the price will be is probably the same as they say, maybe around $52k since that's where the support line is. i'm not good at predicting also so i could be wrong.
IMO his goal is less to get more people investing in BTC and in other cryptocurrencies eventually, than to get more followers on Twitter/X and other social medias. The permabull narrative used to seduce people 7 years ago with quirky predictions from John McAfee and few other crypto gurus, but many people buying at the top of the wave got rekt right after it. Now most people know how crypto assets are volatile and are cautious with them fortunately. So they don't listen those messiah like children.

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April 18, 2024, 03:14:51 PM
 #73

Quote from: Nrcewker
Quote from: New Money
Next month will be Bitcoin halving, how far can the price go down? or how high can the price go up?
The max it can go low is 50k usd. It won’t fall below it. The reason for which I am so confident is that, as Bitcoins will go down, more people will start buying it. Moreover we know that Bitcoins are fixed in numbers, hence if more people will buy it then the price to accumulate it will increase, leading to increase the demand. Hence as the demand is high and supply is less, automatically the price will go up. Hence, 50k will be the lowest price possible this halving. Now let’s see what happens.
With the current dump in the market, I guess the price will dump below $50k because the price has started falling for people to see the bear season they have be waiting for in the market, and it will encourage those who want to buy at this price to buy with their savings so that they will hodl BTC again.

We know that market price use to discourage some people sometimes, not to buy  BTC base on the high price, if the bear run that happened last 3 years can still happen now, many people will rush to the market to buy and hodl, and it will still make the bull run that happened early this year happen again.

I know that if the price settle for $50k as the lowest in this season, it will not allow many people to buy BTC from the market because some people use to target $20k and if the price will still fall down to that stage again, it will allow people to put plenty money on BTC.

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April 19, 2024, 03:56:21 PM
 #74

One day has been left for halving but still nobody will be able to tell you about the exact price as the market is highly unpredictable. Nobody knows that when we will see the pump again but everyone is in satisfactory aspirations that halving will make the condition profitable for all holders.

73k$ is ATH and the price of Bitcoin does not touch this value again therefore some individuals think that bull season has become the end but I think we will see the pump again and Bitcoin will touch 80k$ which is not hard once market recovery initiates.



 

 

 

 

 

 


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April 19, 2024, 04:43:34 PM
 #75

Next month will be Bitcoin halving, how far can the price go down? or how high can the price go up?
Since it reached the price of 73,777, I assumed that the price reduction would not reach below 59,000. The price of 59k is the price of a recent decline and I will never be able to guess how far the decline will occur even though I have an assumption that it will not occur under 59k.

So the case with how high the price will later be because I still hold the principle that the price of Bitcoin can reach the point unexpected. But in the Halving period this time, I am optimistic that the increase in Bitcoin prices could reach 100K - 130K in 2024.

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April 19, 2024, 10:59:43 PM
 #76

Next month will be Bitcoin halving, how far can the price go down? or how high can the price go up?
Bitcoin price is very difficult to predict. However, according to past statistics, the price of Bitcoin increased a lot after Bitcoin halving. So expect Bitcoin price to go up a lot after this halving. According to past statistics bullran will start in 2025, so expect bitcoin price to be 150k higher or lower in 2025. It's just a guess, no one can make accurate predictions. It is very difficult to predict whether the price will go down or up before the Bitcoin halving, as the price of Bitcoin has fluctuated a lot for quite some time. If you want to invest then you can invest in DCA method and hold for long time.
History may or may not repeat itself again. And what had happened with the past halvings might not be the same with how the present halving goes. This shows how unpredictable the market is. And because of that, people find it hard to create accurate predictions or speculations as to how low or high btc price will be prior to halving. Some say that we will witness $100k for bitcoin, while others settle with $150k. But one thing is certain, everything is left uncertain these days, we can only tell about it once halving is already happening.

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April 20, 2024, 07:16:55 AM
 #77

Next month will be Bitcoin halving, how far can the price go down? or how high can the price go up?
Since it reached the price of 73,777, I assumed that the price reduction would not reach below 59,000. The price of 59k is the price of a recent decline and I will never be able to guess how far the decline will occur even though I have an assumption that it will not occur under 59k.

So the case with how high the price will later be because I still hold the principle that the price of Bitcoin can reach the point unexpected. But in the Halving period this time, I am optimistic that the increase in Bitcoin prices could reach 100K - 130K in 2024.
Halving is completed now, price is stable around $64k-$65k, so that's good enough for us and did reach $73k pre-halving. Now we can see that at least for this month the lowest is $59k, but the lowest low for this bear market is $15,500 with the FTX collapse. Now, we look forward at the end of the year as halving is done. We shift our focus on now not low the price will be, but how big we gonna get at the start of the bull run. Again, pre-halving is $73k, so at least this year, I'm looking at around $100k at least and then the biggest will be next year when we hit our peak and it could be around $150k'ish or higher.

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April 20, 2024, 07:27:33 AM
 #78

Next month will be Bitcoin halving, how far can the price go down? or how high can the price go up?
It was answered , 60k is the lowest and we still waits for the highest but so far the record shows 74k is the highest value of bitcoin before the halving.
Next month will be Bitcoin halving, how far can the price go down? or how high can the price go up?
Bitcoin price is very difficult to predict. However, according to past statistics, the price of Bitcoin increased a lot after Bitcoin halving. So expect Bitcoin price to go up a lot after this halving. According to past statistics bullran will start in 2025, so expect bitcoin price to be 150k higher or lower in 2025. It's just a guess, no one can make accurate predictions. It is very difficult to predict whether the price will go down or up before the Bitcoin halving, as the price of Bitcoin has fluctuated a lot for quite some time. If you want to invest then you can invest in DCA method and hold for long time.
History may or may not repeat itself again. And what had happened with the past halvings might not be the same with how the present halving goes. This shows how unpredictable the market is. And because of that, people find it hard to create accurate predictions or speculations as to how low or high btc price will be prior to halving. Some say that we will witness $100k for bitcoin, while others settle with $150k. But one thing is certain, everything is left uncertain these days, we can only tell about it once halving is already happening.
it is indeed that we have the different approach this year because we have broken the ATH before the halving and the price remain strong even now that we are celebrating the 4th halving time.

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April 20, 2024, 08:47:54 AM
 #79

Well, we did not see too much movement for the good or for the bad. I think this does show there was alot of hype for this bitcoin halving.
And I think this 4th ever halving did make more attention because of recent price of Bitcoin. I did think we would see some big gains after the halving but the price did not move very much.
https://cointelegraph.com/news/bitcoin-halving-2024-institutional-impact-price-surge

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April 20, 2024, 10:13:24 AM
 #80

Next month will be Bitcoin halving, how far can the price go down? or how high can the price go up?
The halving finally happened on Friday, and as expected, nothing serious has happened in the crypto market so far. I believe it will take months before the halving of this year attracts investors to Bitcoin, and by what happened due to the ETF fillings of last year and its approval this year where the price of the market has been pushed higher, I do not expect immediate reaction caused by halving. I also fear for less reactions as well because Bitcoin is being hyped during this halving time, but this time, it is overpriced already. So I am concerned about those who will invest more money that will help it to move much higher at this high level.

Regardless, if the past histories of the halving and its cycles are to be considered in relation to the present reality and the condition of the market charts, I believe that this year's halving should help Bitcoin reach at least $100,000 with time. Again, there may be some discouragement over time, but still, if more adoptions could be gained by it, maybe we will see it between $100,000-$120,000 before the end of this bullish cycle.

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April 20, 2024, 02:50:46 PM
 #81

I believe whales would bring the price a few points below 50K just to mess with people with stop loss and leverage trading liquidation at 50K.
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April 20, 2024, 03:53:55 PM
 #82

Today could be the turning point in this wider debate, also Sunday and the end of week forming the close to the weekly bar will give us a good clue either way.   I want to see at least a close above the 50 day moving average.

What is happening right now of note is not just a recovery short term above the 62k mark which is bottom edge to the ranged box BTC traded in for nearly 2 months.  Also wider term we have to see in balance is the medium term momentum, 50 DMA is flattening out which means we can turn negative in a more serious way.


Since I got into the habit of famous quotes recently, as an analogy and in the unfortunate recent news context I find this one relevant:
Quote from: arafat
I come bearing an olive branch in one hand, and the freedom fighter's gun in the other. Do not let the olive branch fall from my hand.


I do find us on the precipice, we cant stay here forever.  With 50 day average threatening to decline every day we must find positive price action to counter act now or never.  Perhaps in BTC terms last dramatic but I find we need positive action now or it could be till autumn we have to wait to make this same fight upwards; likely lower over the summer is my thoughts.
  A couple indicators show us weaker now with the weight of volume then late Feb, price doesnt yet show that up.

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April 20, 2024, 04:35:53 PM
 #83


It was answered , 60k is the lowest and we still waits for the highest but so far the record shows 74k is the highest value of bitcoin before the halving.

Bitcoin does not go below the price of 60k$ so it is the lowest price before halving and now the price moves up to 63k$ so we hope the price will not go below this value so we can see good surges due to halving. I think 73k$ is the highest value of bitcoin and we do not examine another pump before halving that can bring more valuable price of Bitcoin so it is the maximum value before halving.



it is indeed that we have the different approach this year because we have broken the ATH before the halving and the price remain strong even now that we are celebrating the 4th halving time.

I assume that this halving will also be a better one like that of previously occurring halving but still the price does not elevate to the highest value so we have to wait because good news takes time to originate. Bitcoin once touched the value of 73k$ does not move again to such value so maybe due to halving this value becomes easy to achieve again.



 

 

 

 

 

 


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May 15, 2024, 03:46:13 PM
 #84

I think when the Halving occurs Bitcoin will experience a price increase of up to 2 or even 3 times. History proves that halvings always have a positive impact on Bitcoin prices because they help reduce supply. Even the halving is a good sign to bring Bitcoin price momentum. Therefore, although we cannot accurately predict the extent to which the price of Bitcoin will rise, what is certain is that when the Halving occurs, the price of Bitcoin will not decrease but will instead continue to increase

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CRYPTO WEBNEOBANK
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