ItsaWhale (OP)
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March 31, 2024, 08:17:01 PM |
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In recent months the cryptocurrency market has experienced significant volatility with Bitcoin reaching new all-time highs followed by sharp corrections. As we all know every 4 years or (210,000 blocks ) it happen Bitcoin halving as for now days there are only 23 Days Left for next halving Halving Date ETA: 24 April 2024 According to Rainbow Graph the All Time High its expected to happen after the 4th halving soon Which this leads to understand that this Bull market is not over yet and that you still can prepare and HOLD for New All Time High While short-term price fluctuations are inevitable in any market, the long-term outlook for Bitcoin remains positive. As we can see on previous halving the ATH happen months before the halving so according to previous history of bitcoin which were parabolic bull runs So its time to HOLD While there are roughly 1,330,463 BTC left to be mined is expected to continue until the year 2140. After that point no new Bitcoins will be created through mining and miners will rely solely on transaction fees for their rewards. Soruces: https://www.blockchaincenter.net/bitcoin-supply/Therefore I would like to get some feedback on this do you agree that Bull Market isn't over yet ?
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boyptc
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March 31, 2024, 08:29:56 PM |
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As we can see on previous halving the ATH happen months before the halving so according to previous history of bitcoin which were parabolic bull runs So its time to HOLD
Before? Usually, the ATH happens after the halving and that's why despite that there's a new ATH before the halving for this cycle, I don't think we're on the peak yet. Therefore I would like to get some feedback on this do you agree that Bull Market isn't over yet ?
We're just getting started and why people are thinking that it's almost over already? Don't get excited folks, it hasn't peaked yet.
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Adbitco
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March 31, 2024, 08:55:26 PM |
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I still want to draw back your attention that anything is possible, it could be that this current ATH might be that last we may see on bitcoin. But is this really true? This is where the problem lies because we can't give accurately the answer about the future price but we are still hoping that something positive is going to happen within or after halving. We know that bitcoin has shown us another sides of unbelievable story for breaking out ATH before the halving could fully come. Thus, there could be more pleasant surprise which is not seen.
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_act_
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I still want to draw back your attention that anything is possible, it could be that this current ATH might be that last we may see on bitcoin. But is this really true? This is where the problem lies because we can't give accurately the answer about the future price but we are still hoping that something positive is going to happen within or after halving. We know that bitcoin has shown us another sides of unbelievable story for breaking out ATH before the halving could fully come. Thus, there could be more pleasant surprise which is not seen.
Only people that predict the price of bitcoin in short period of time that do not get the price prediction rightly but for those that predict what the price can be in the long period of time get it accurately if the prediction is bull run. Also know that bitcoin has not gotten to its all-time-high yet this time. Bitcoin is going to over $100000 or more and better predictions that I see are $150000. It is still a good time to still continue holding in my opinion until the bull run is over. The bull run only started early but not yet over.
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nelson4lov
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March 31, 2024, 09:57:24 PM |
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Contrary to popular beliefs, I do think that the Bitcoin bull run hasn't been priced in yet. The price action that drove Bitcoin from sub $20K levels was mainly driven by speculations of ETFs and in time, other traders joined in to bid. Halving is always a phenomena event and it has always been accompanied by parabolic run which we haven't seen yet. There's fewer bitcoins on the market and halving will cut the number being added to supply so I think we're on our way but we're not quite there yet.
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Mpamaegbu
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Once a man, twice a child!
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March 31, 2024, 11:43:08 PM |
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I still want to draw back your attention that anything is possible, it could be that this current ATH might be that last we may see on bitcoin. But is this really true?
Yes, anything is possible when it comes to this industry but there are certain things we know can't happen. One is Bitcoin going back to $1k. The only thing that could make that happen is if there's a vulnerability that could be exploited in Bitcoin to mint more of it. On the possibility of its current ATH remaining the highest we could see even after halving, that's not possible. The thing that drove price to break its last ATH wasn't even what had driven Bitcoin in the past to break the previous ones. It was the ETF that brought that action from institutional investors. It did break its previous height before halving. It was the first. Now, there's going to be another leg up for price to spike once halving is done. That's what we're waiting for. Remember, fresh ATH had always come months after halving had taken place. Let's see what this brings as it's obvious the dynamics have changed with Bitcoin.
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GreatArkansas
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BUY BITCOIN
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April 01, 2024, 01:32:07 AM |
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According to Rainbow Graph the All Time High its expected to happen after the 4th halving soon Which this leads to understand that this Bull market is not over yet and that you still can prepare and HOLD for New All Time High While short-term price fluctuations are inevitable in any market, the long-term outlook for Bitcoin remains positive. https://i.ibb.co/HNcRCjD/Screenshot-2024-03-31-124148.pngI love this chart, simple and clean. If you take a look at this chart carefully and zoom in, we can see some dumps after each Bitcoin block halving and after that dump, it will continue to rally upward. So for me, just incase this will happen again this time, it's the best time for other people who was able to left behind on new all-time high price of Bitcoin recently.
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tbct_mt2
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April 01, 2024, 03:11:45 AM |
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According to Rainbow Graph the All Time High its expected to happen after the 4th halving soon Which this leads to understand that this Bull market is not over yet and that you still can prepare and HOLD for New All Time High While short-term price fluctuations are inevitable in any market, the long-term outlook for Bitcoin remains positive. You can see the Rainbow chart https://www.lookintobitcoin.com/charts/bitcoin-rainbow-chart/It shows that Bitcoin has less up spikes in recent bull markets. The Rainbow chart does not predicts a last bull market top accurately. It is very inaccurate if I want to say about top prediction from Rainbow chart as with the last cycle, price reaches its top until only goes to about half of the Rainbow chart. Use Pi cycle top indicator, that is better and more accurate to predict market top than the Rainbow chart. https://www.lookintobitcoin.com/charts/pi-cycle-top-indicator/
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Natsuu
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April 01, 2024, 03:59:23 AM |
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As we can see on previous halving the ATH happen months before the halving so according to previous history of bitcoin which were parabolic bull runs So its time to HOLD
Before? Usually, the ATH happens after the halving and that's why despite that there's a new ATH before the halving for this cycle, I don't think we're on the peak yet. Therefore I would like to get some feedback on this do you agree that Bull Market isn't over yet ?
We're just getting started and why people are thinking that it's almost over already? Don't get excited folks, it hasn't peaked yet. I agree on this, because if it does lowering prices then it just constitute with some kind of retracement or market correction. Because what happen is that price will be manipulated so that it will create fear again and investors won't buy. But instead price will rally again, once the price is too high or premium enough, then those who bought on lower prices is expected of course to take their profits. With that large amount taken from the market, price will drop. And if the buying volume cannot compensate with the selling pressure, then price going lower will be expected. But otherwise until it hasn't happened yet, you should be expecting higher prices on bitcoin.
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laijsica
Member
Online
Activity: 98
Merit: 26
Eloncoin.org - Mars, here we come!
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April 01, 2024, 04:57:07 AM |
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I still want to draw back your attention that anything is possible, it could be that this current ATH might be that last we may see on bitcoin. But is this really true? This is where the problem lies because we can't give accurately the answer about the future price but we are still hoping that something positive is going to happen within or after halving. We know that bitcoin has shown us another sides of unbelievable story for breaking out ATH before the halving could fully come. Thus, there could be more pleasant surprise which is not seen.
It is not so easy to say exactly about the price of bitcoin. Price movement before and after halving is normal and possibility of breaking ATH. It's hard to be realistic about the future but you can be optimistic that something positive will happen to the price of bitcoin. The most surprising thing is that the price of bitcoin has not been affected at a time of so much inflation in the world. So we have ample reason to be optimistic about its future.
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adaseb
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April 01, 2024, 04:59:18 AM |
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I don’t think it’s over either. As long as we get positive etf flows and all these stablecoin prints keep popping up then we should be having a bull market the entire year, unless something bad happens with the economy.
There is lots of money going into crypto and it doesn’t seems to be stopping. I think many now are waiting for the halving and we will see how Bitcoin performs then. It could be like 2017, where the entire year was bullish and bitcoin kept hitting new highs before topping out at the end of the year.
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JeffBrad12
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April 01, 2024, 06:41:21 AM |
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people that say bull market is over might be too pessimistic, i don't think it will just tops at around $70k like this, corrections are to be expected after all we've been rallying so high people from previous year wouldn't even believe, reaching this height of a price is already such a feat for bitcoin right now, doesn't mean the bullrun is already over, we have histories of bitcoin doubling its previous all time high and usually the bullrun happens after halving which increase people's sense of scarcity towards bitcoin. only after halving then we can determine whether we have reached the peak, by seeing sentiment in the market we might see signs of whether bitcoin has finally peaked or is it still have so many chances for it to further rally and then reach $100k mark as many people wants. never underestimate the capability of bitcoin when it comes to increasing its price.
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Rabbitqt
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April 01, 2024, 07:11:06 AM |
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In recent months the cryptocurrency market has experienced significant volatility with Bitcoin reaching new all-time highs followed by sharp corrections. As we all know every 4 years or (210,000 blocks ) it happen Bitcoin halving as for now days there are only 23 Days Left for next halving Halving Date ETA: 24 April 2024 According to Rainbow Graph the All Time High its expected to happen after the 4th halving soon Which this leads to understand that this Bull market is not over yet and that you still can prepare and HOLD for New All Time High While short-term price fluctuations are inevitable in any market, the long-term outlook for Bitcoin remains positive. https://i.ibb.co/HNcRCjD/Screenshot-2024-03-31-124148.pngAs we can see on previous halving the ATH happen months before the halving so according to previous history of bitcoin which were parabolic bull runs So its time to HOLD https://i.ibb.co/7p7tgjg/Screenshot-2024-03-31-130848.pngWhile there are roughly 1,330,463 BTC left to be mined is expected to continue until the year 2140. After that point no new Bitcoins will be created through mining and miners will rely solely on transaction fees for their rewards. https://i.ibb.co/ZWY6mv2/Screenshot-2024-03-31-124816.pngSoruces: https://www.blockchaincenter.net/bitcoin-supply/Therefore I would like to get some feedback on this do you agree that Bull Market isn't over yet ? The only chart you need is S2F.
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Bobrox
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April 01, 2024, 07:13:14 AM |
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Last few minutes bitcoin dropping drastically until touched $68,800 and looks large correction during halving few days later, seems some prediction right with bull market have been over and we are entry with bearish market moment. Last hope with halving how potential can help bitcoin reach higher price or make correction again and seems pessimistic with bull market coming when near future of halving. Bitcoin have been raised up drastically and seems some investor on selling position waiting correction or bearish moment to buy back, after break ATH price last month bitcoin can't get back to higher price for longer time and waiting awhile with market correction is right choose before returning back when bull run market moment.
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slaman29
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Livecasino, 20% cashback, no fuss payouts.
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April 01, 2024, 09:23:26 AM |
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OP, who the hell on earth thinks it's over when we're at a new ATH, and even the recent dip hardly lasted more than a few days and not even 15% drop. Normal in every way. So many of you talking about nothing, 'drastic drops', seriously have you not seen Bitcoin before and don't you know what it's capable of? Bull market over and not even below 60k what funny guys people are in crypto
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jrrsparkles
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April 01, 2024, 12:53:02 PM |
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Technical analysis can give an idea but no one knows nothing for sure and we all can just speculated based on the analysis and movements of prices based on the history of previous cycles.
In my opinion, we are just halfway in this bull run, the real deal is yet to begin, I maybe wrong but that's what my prediction based on simple calculations using 2x from its previous ATH.
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▄▄████████▄▄ ▄▄████████████████▄▄ ▄██████████████████████▄ ▄█████████████████████████▄ ▄███████████████████████████▄
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| │ | ████████▄▄███████▄▄ ███████▄████████████▌ ██████▐██▀███████▀▀██ ███████████████████▐█▌ ████▄▄▄▄▄▄▄▄▄▄██▄▄▄▄▄ ███▀░▐███▀▄█▄█▀▀█▄█▄▀ ██████████████▄██████▌ █████▐██▄██████▄████▐ █████████▀░▄▄▄▄▄ ███████▄█▄░▀█▄▄░▀ ███▄██▄▀███▄█████▄▀ ▄██████▄▀███████▀ ████████▄▀████▀█████▄▄ | . "I could either watch it happen or be a part of it" ▬▬▬▬▬ |
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Lucius
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April 01, 2024, 01:20:43 PM |
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As we can see on previous halving the ATH happen months before the halving so according to previous history of bitcoin which were parabolic bull runs.
Either you expressed yourself wrongly or you are interpreting what you are looking at wrongly - because ATHs usually happen after halving, except that this year is an exception for quite obvious reasons. While there are roughly 1,330,463 BTC left to be mined is expected to continue until the year 2140. After that point no new Bitcoins will be created through mining and miners will rely solely on transaction fees for their rewards.
In less than 10 years, 99% of all BTC will be mined, and that 1% is as irrelevant as the year that many are fascinated by. Much sooner, miners will have to face the fact that the earnings from the rewards they receive in the form of new BTC will become greatly reduced compared to today. Therefore I would like to get some feedback on this do you agree that Bull Market isn't over yet ?
The real bull run hasn't even started yet (at least as far as I'm concerned), let alone finished.
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. .BLACKJACK ♠ FUN. | | | ███▄██████ ██████████████▀ ████████████ █████████████████ ████████████████▄▄ ░█████████████▀░▀▀ ██████████████████ ░██████████████ █████████████████▄ ░██████████████▀ ████████████ ███████████████░██ ██████████ | | CRYPTO CASINO & SPORTS BETTING | | │ | | │ | ▄▄███████▄▄ ▄███████████████▄ ███████████████████ █████████████████████ ███████████████████████ █████████████████████████ █████████████████████████ █████████████████████████ ███████████████████████ █████████████████████ ███████████████████ ▀███████████████▀ ███████████████████ | | .
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traderethereum
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April 01, 2024, 01:35:34 PM |
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Yes, the bull market is not over yet because it is still in its early stages. Soon we will see a halving and there is still a possibility that the price will rise even higher. As long as we still have time to buy bitcoin, we try to buy more bitcoin. At times like this, anything can happen and we still hope that Bitcoin ATH will come after this halving. The bitcoin price has exceeded its last ATH, and we are still waiting for its new ATH, which is at an even higher price. We better prepare to wait for the new ATH again this year or next.
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stompix
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Blackjack.fun
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April 01, 2024, 02:04:16 PM |
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As we can see on previous halving the ATH happen months before the halving so according to previous history of bitcoin which were parabolic bull runs So its time to HOLD
Before? Usually, the ATH happens after the halving and that's why despite that there's a new ATH before the halving for this cycle, I don't think we're on the peak yet. Well, technically if something happens 1 year after the halving it will also happen 3 years before the other halving, so as usually with all the charts where people try their best to find patterns you can cling to every detail to enforce your theory. Contrary to popular beliefs, I do think that the Bitcoin bull run hasn't been priced in yet. The price action that drove Bitcoin from sub $20K levels was mainly driven by speculations of ETFs and in time, other traders joined in to bid. Halving is always a phenomena event and it has always been accompanied by parabolic run which we haven't seen yet. There's fewer bitcoins on the market and halving will cut the number being added to supply so I think we're on our way but we're not quite there yet.
I also don't understand why some don't think simply and clearly about this! You are convinced that the halving will bring the price up, there are a million others who are convinced that the halving will bring the price up, so are all of them standing on the side and not buying moar coins? Of course not, since everyone is screaming about filling the bags, and buying coins means the price is already rising on the anticipation of the halving, same as with ETF, there won't be anything magically happening in 20 days, the flow of money has already changed debit and direction.
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Frankolala
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April 01, 2024, 02:59:28 PM |
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I still want to draw back your attention that anything is possible, it could be that this current ATH might be that last we may see on bitcoin. But is this really true? This is where the problem lies because we can't give accurately the answer about the future price but we are still hoping that something positive is going to happen within or after halving. We know that bitcoin has shown us another sides of unbelievable story for breaking out ATH before the halving could fully come. Thus, there could be more pleasant surprise which is not seen.
I have 95% believe that the price we saw above the previous ATH which is 73k was a hype from the approval of ETF, and we have not started seeing the expected price that should come from the halving. You should also know that the halving triggers the bull run, and by next year bitcoin price will hit a figure that will shock so many people, just the way bitcoin price was able go above the previous ATH before the halving. This circle is unique because of the approval of bitcoin ETF, and we might see a price as high as $170k and above as the new ATH that will be recorded for this circle. So don't feel it is over, as it is not over for the bull run yet, until the bear market comes next circle. Keep accumulating and watching the price as it skyrockets after the halving.
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