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Author Topic: Few days to 4th Bitcoin Halving  (Read 341 times)
Franctoshi (OP)
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April 13, 2024, 08:56:22 PM
 #1

I have witnessed two Bitcoin Halving cycles and going through its historical data about the price before the halving, Bitcoin created a new history this cycle, that is breaking through its ATH before the halving, however in as much as we anticipate future significant price growth as usual But we really needs to digest this new record that Bitcoin made.

So, What is your thought seeing the price of Bitcoin smashed the ATH a month before its halving?

1. Could this mean that we are on the verge of witnessing an explosive Bitcoin rally as a result of the Bitcoin ETFs approval.

2. Do you think that the Bitcoin Bull market is going to end sooner than later after the halving?



R


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April 13, 2024, 09:14:33 PM
 #2

So, What is your thought seeing the price of Bitcoin smashed the ATH a month before its halving?
That was part of the community hype, there was two big events the first one was the ETFs, and the second one is the halving, so, that was like fuel on the fire, but the party is over now.

1. Could this mean that we are on the verge of witnessing an explosive Bitcoin rally as a result of the Bitcoin ETFs approval.

2. Do you think that the Bitcoin Bull market is going to end sooner than later after the halving?
Looks like you haven't see the price today mate, the crash already started, in the past 2 hours the price has dropped from $67.2 to $61, we are talking about the 10% gone in just 2 hours, and the big problem that i see is the market capitalization, it loses some billions, used to be 1.4T but now is 1.22T... So, looks like someone is cashing out.

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April 13, 2024, 09:16:28 PM
 #3

yes, we're going to see another rally in a few weeks maybe. there is just a crash in price though. i think this is because of the war that is currently breaking in the Red Sea again. talk about the timing where it really needs a crisis for the price to go down.

the bull market will not end sooner. its already written in the cycle that every halving the next will be bull run. we'll be seeing another run some say it will be a supercycle.









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April 13, 2024, 09:21:18 PM
 #4

Well it's quite interesting because while Bitcoin prices reached an ATH also what happened was that the market keeps bleeding only a few days before the actual halving takes place. So all the talk about a supply crunch and exceeding demand after the halving show it had all just been speculation because right here and right now we get a huge price drop that reminds us that the halving was priced in. Thanks for the FOMO to anyone that played  Cool

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April 13, 2024, 09:35:00 PM
 #5

I am also going to be witnessed of 2 halving season but one of them I even don't know much about the bitcoin and also don't know the name of halving and what is it and for this I count my halving experience is 1 what is coming.
Anyway let's come to the point. It is true that bitcoin surprised most of us crossing its current all time high price before the halving starting because history says that Bitcoin make new all time high price after around 1 year of halving. We have two thoughts about this record breaking one is bitcoin may will do a explosive bull-run and the second thought is may it will not goings to so high make the history wrong :"). But the positive fact are highers than the negatives specially the etf approval and halving. But I am not expecting much in sooner we already seeing a huge dump on market maybe it is for the correction so I think we will gonna see the real explosion on after the halving likely about 1year

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April 13, 2024, 09:48:07 PM
 #6

1. Possible. But don't it full credit to the approvals of the Bitcoin spot etfs. Don't forget that the major catalyst is still the Bitcoin halving.
2. The analyses that I've read said that it's likely to end early because we've started early. No one knows if that's going to happen and let's just enjoy this ride. Whether it ends early or not but possibly at the earliest of 2025 it could end, then just enjoy the wild ride and don't forget your stash to take some profit.

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April 13, 2024, 10:00:32 PM
 #7

Bitcoin was able to break an all-time high before halving, but it's not much of a difference to the previous ATH. The ATH for Bitcoin this year is $73k+, while the previous ATH was around $70k, so it's still within the range of $70k+, meaning that Bitcoin has not yet experienced a very huge pump before the bear market will start. Despite the current ATH, I am expecting that Bitcoin will reach $80k–$100k+, which is where I can sell my coins. I am not certain about the price before or after the halving, but just like some people predicted some months ago, Bitcoin will get to $70k before the halving, which has already been achieved, so there's definitely going to be corrections. 

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April 13, 2024, 10:27:51 PM
 #8

yes, we're going to see another rally in a few weeks maybe. there is just a crash in price though. i think this is because of the war that is currently breaking in the Red Sea again. talk about the timing where it really needs a crisis for the price to go down.

the bull market will not end sooner. its already written in the cycle that every halving the next will be bull run. we'll be seeing another run some say it will be a supercycle.
The current price correction is possibly in preparation for the actual bitcoin halving that will soon to have another rally in the making. This excites everyone most particularly for those who have been hodling their coins for couple of years, which means they’ll be able to reap massive profits soon. And while we are preparing for the halving, we are also anticipating the next bull run that won’t happen long after bitcoin halving. Yes, bitcoin bull run will probably make a new history, and it won’t be possible to end sooner.

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April 13, 2024, 10:39:24 PM
 #9

1. Could this mean that we are on the verge of witnessing an explosive Bitcoin rally as a result of the Bitcoin ETFs approval.

2. Do you think that the Bitcoin Bull market is going to end sooner than later after the halving?
Looks like you haven't see the price today mate, the crash already started, in the past 2 hours the price has dropped from $67.2 to $61, we are talking about the 10% gone in just 2 hours, and the big problem that i see is the market capitalization, it loses some billions, used to be 1.4T but now is 1.22T... So, looks like someone is cashing out.
Yes, saw this price drop few hours ago, This is actually what I have been expecting to see the price do, Now I don't think we would see the sell the news buy the rumor event, because if we had not got this correct before the halving day, then we may witness a major correction ,and if there is still gonna be more leg to the down side, it won't be too far below $48k in my opinion.

1. Possible. But don't it full credit to the approvals of the Bitcoin spot etfs. Don't forget that the major catalyst is still the Bitcoin halving.
2. The analyses that I've read said that it's likely to end early because we've started early. No one knows if that's going to happen and let's just enjoy this ride. Whether it ends early or not but possibly at the earliest of 2025 it could end, then just enjoy the wild ride and don't forget your stash to take some profit.
Looking at the chart right now the price has dropped to $60k and if base on what we normally have after the halving, that is, a surge in the price, then this price drop is significant for further continuation in the upwards direction, I love the fact that we are getting a pull back, before the main event, this way, I will have full confidence about the price increasing in the up coming weeks and months should history repeat itself.

R


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April 13, 2024, 10:43:08 PM
 #10


So, What is your thought seeing the price of Bitcoin smashed the ATH a month before its halving?

1. Could this mean that we are on the verge of witnessing an explosive Bitcoin rally as a result of the Bitcoin ETFs approval.

2. Do you think that the Bitcoin Bull market is going to end sooner than later after the halving?


I am with the prediction that the hype around this ETF approval and the way the institutions have been stacking up bitcoin will cause a great FOMO among investors which we all know is going to cause the demand to raise bitcoin more. This dump today was just part of the correction that was warned off since the new ATH was attained. The dip is only severe today due to the WWIII chants. As of the second option I don’t think the bull market will surpass the duration of the last periods but in terms or daily or weekly raise it will be faster.

So what I see is a 4x happening

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April 13, 2024, 10:50:11 PM
 #11

1. Could this mean that we are on the verge of witnessing an explosive Bitcoin rally as a result of the Bitcoin ETFs approval.

2. Do you think that the Bitcoin Bull market is going to end sooner than later after the halving?


1. Bitcoin is definitely going to experiencing a phenomenal growth in price due to the insane combination of ETFs + halving effect. The current dip right now looks like the final flush before an epic run that has always been the norm with Bitcoin's halving.

2. Imo, not sooner. If anything, Bitcoin is just starting and the run is going to extend to the coming months. We're going to break the ATH for the umpteenth time this year. My intuition is telling me that we'll see Bitcoin trade much more higher than here. Possibly a 100% increase.

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April 14, 2024, 12:25:39 AM
 #12

From my own point of view after the Bitcoin halving it would dump due to history and some fundamentals which are applied so most people should be very careful while choosing what tokens to hold, don't buy when it's already high like what is current going on in the market
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April 14, 2024, 03:59:25 AM
 #13

1. Could this mean that we are on the verge of witnessing an explosive Bitcoin rally as a result of the Bitcoin ETFs approval.

2. Do you think that the Bitcoin Bull market is going to end sooner than later after the halving?


1. Bitcoin is definitely going to experiencing a phenomenal growth in price due to the insane combination of ETFs + halving effect. The current dip right now looks like the final flush before an epic run that has always been the norm with Bitcoin's halving.

2. Imo, not sooner. If anything, Bitcoin is just starting and the run is going to extend to the coming months. We're going to break the ATH for the umpteenth time this year. My intuition is telling me that we'll see Bitcoin trade much more higher than here. Possibly a 100% increase.

In short, bitcoin investors all have optimistic thoughts and expectations like you because no one wants bitcoin to fall in price because if it falls or the bull season ends early, we will lose money.

But if we stay calm and evaluate fairly, anything can happen, history may or may not repeat. As an investor in the market, I think things are never easy and there will always be changes from the house that make the match more unpredictable. The financial game is a fierce one, it is not a place where everyone can make a profit.

Halving or not, bitcoin is essentially a financial market, halving does not change this fact. Therefore, we need to be alert and analytical, do not rely on intuition to invest.

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April 14, 2024, 05:33:31 AM
 #14

Well the price of Bitcoin breaking previous ATH before halving is very significant in the history of Bitcoin and the approval of United States SEC on Spot Bitcoin ETFs is also one of the significant things that happened this Bitcoin circle year and looking at the price movement of Bitcoin since it broke ATH is sending a signal that Bitcoin is going to reach an incredible milestone this circle, seems that Bitcoin is yet to unleash greater things after the halving as we all awaits the greatest event in the crypto market.

It seems the bull run is not going to last long due to how the price of Bitcoin have been skyrocketing without much dip.

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April 14, 2024, 05:37:51 AM
Merited by Franctoshi (1)
 #15

Today what happened in the markets was definately not positive. I haven't seen a crash this bad maybe since Covid. I think $500M longs were liquidated in an hour. That is a record. And I think the day prior there was $1B liquidated. So going into the halving it doesn't look good but we need to see how the markets will react on Monday with this geopolitical tensions.

Things like this is something that investors can't predict but it might lead to risk-off in the markets as people will pull their money because they worry about the future. Depending how the rest of the weekend develops the markets will be on the edge.
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April 14, 2024, 05:39:04 AM
 #16

I don't think so it'll be a big bull run for BTC again especially because of the problem that major countries are facing due to the Iran and Israel conflict. America and the European union are under a lot of pressure and they are also under a great pressure by the UN approval of no military supply to Israel..
America was exporting about 3.5 Billion $ weapons to Israel. The big investors will now face a backlash and it'll be very difficult to make BTC run again into the market as it requires a lot of capital.

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April 14, 2024, 05:48:07 AM
 #17

yes, we're going to see another rally in a few weeks maybe. there is just a crash in price though. i think this is because of the war that is currently breaking in the Red Sea again. talk about the timing where it really needs a crisis for the price to go down.

the bull market will not end sooner. its already written in the cycle that every halving the next will be bull run. we'll be seeing another run some say it will be a supercycle.
There's a rumor going on that the Iran declaring to attack Israel is probably the reason for a huge price dump but it was a quick recovery, probably the only people that got the most damage at that time were those trying to go for long with bitcoin, that's definitely going to hurt for them. Pretty impressive too that it did recover so fast.

Now in regards to our talk about the nearing of the halving, time flies so fast for these and I'm not ready for the fact that the market's almost there, it's best that we have to remember that this halving is a bit different, it might take a while before things happen because it's a different kind of halving compared to last time because this one, we've got a new all-time high before the halving has started and I think that it's a signal that something's going to change for the bitcoin market, we need to expect the unexpected.

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April 14, 2024, 06:42:12 AM
 #18

I have witnessed two Bitcoin Halving cycles and going through its historical data about the price before the halving, Bitcoin created a new history this cycle, that is breaking through its ATH before the halving, however in as much as we anticipate future significant price growth as usual But we really needs to digest this new record that Bitcoin made.

So, What is your thought seeing the price of Bitcoin smashed the ATH a month before its halving?

1. Could this mean that we are on the verge of witnessing an explosive Bitcoin rally as a result of the Bitcoin ETFs approval.

2. Do you think that the Bitcoin Bull market is going to end sooner than later after the halving?
This time the cycle changed because of the ETFs approval, this leaded to billions of dollars entering the market, that's why we had a new ATH before the halving. Hadn't it been for the ETFs, I'm pretty sure we wouldn't have any ATH now. We'll see a rally but it won't be quick, I hope it'll be an organic growth, nothing too crazy, supported by good volumes.

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April 14, 2024, 06:53:46 AM
Merited by Franctoshi (1)
 #19

I have witnessed two Bitcoin Halving cycles and going through its historical data about the price before the halving, Bitcoin created a new history this cycle, that is breaking through its ATH before the halving, however in as much as we anticipate future significant price growth as usual But we really needs to digest this new record that Bitcoin made.
What is there to digest here? Bitcoin overcame ATH this time (before the halving) only slightly and this should not be called a real ATH. If we take into account that the halving has not yet occurred, then the recent ATH (~$73.8k) should be attributed to the old (current) cycle.

So, What is your thought seeing the price of Bitcoin smashed the ATH a month before its halving?
The first thing that came to mind: there have been changes in the pattern of development of bitcoin, which indicates the beginning of an era of change. Now bitcoin will never be the same again.

1. Could this mean that we are on the verge of witnessing an explosive Bitcoin rally as a result of the Bitcoin ETFs approval.
Most likely yes.

2. Do you think that the Bitcoin Bull market is going to end sooner than later after the halving?
Of course, after the halving. Moreover, much later than the halving.

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April 14, 2024, 07:30:12 AM
 #20

This time the cycle changed because of the ETFs approval, this leaded to billions of dollars entering the market, that's why we had a new ATH before the halving. Hadn't it been for the ETFs, I'm pretty sure we wouldn't have any ATH now. We'll see a rally but it won't be quick, I hope it'll be an organic growth, nothing too crazy, supported by good volumes.

What we have seen so far in previous halving is that it takes over a year before there is a bull run or ATH. But this halving is different in a sense that we already have an ATH even before approaching the date of halving. There is no denial that current bull run wasn't possible with out ETF's.
Another aspect is that the Bitcoin community has grown over the years and is now more mature to understand the halving events.   
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April 14, 2024, 07:56:29 AM
 #21

Yeah, Bitcoin reaching its all-time high before this upcoming halving is definitely interesting.  I think the approval of that Bitcoin ETF added some hype, but tough to predict if it'll spark a crazy rally.  The halvings in the past were followed by price drops, so maybe expect something similar.  Though this fresh record high pre-halving might signal stronger momentum overall.  I don't have a crystal ball here and  we'll see how it plays out I guess.

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April 14, 2024, 09:13:28 AM
 #22

So, What is your thought seeing the price of Bitcoin smashed the ATH a month before its halving?

1. Could this mean that we are on the verge of witnessing an explosive Bitcoin rally as a result of the Bitcoin ETFs approval.

2. Do you think that the Bitcoin Bull market is going to end sooner than later after the halving?




Based on my own observation about the market analysis, there is going to be a dip after the Bitcoin halving but towards the end of the year against next year, the bull Run can start again. Some people believe that the approval of ETF is the reason why Bitcoin price surge rapidly this year and by next year the price will see its outmost price surge compare to how high the price have already grown.

In my opinion, even if Bitcoin will experience an explosive price boost, it's going to happen next year and not this year again.

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April 14, 2024, 09:32:43 AM
 #23



1. Could this mean that we are on the verge of witnessing an explosive Bitcoin rally as a result of the Bitcoin ETFs approval.


I believe a rally is already a given especially with the presence of halving however etfs made it much more higher than it would have probably been without etf

Quote
2. Do you think that the Bitcoin Bull market is going to end sooner than later after the halving?


No I do not think so. Bull and bear trends usually just follow historical patterns no matter how high or low their prices are. We can still expect the same duration just except this time the price will be much higher than any of us is probably expecting it to reach.









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April 14, 2024, 09:39:58 AM
 #24

I don't think so it'll be a big bull run for BTC again especially because of the problem that major countries are facing due to the Iran and Israel conflict. America and the European union are under a lot of pressure and they are also under a great pressure by the UN approval of no military supply to Israel..
America was exporting about 3.5 Billion $ weapons to Israel. The big investors will now face a backlash and it'll be very difficult to make BTC run again into the market as it requires a lot of capital.
I also read the news about Iran and Israel, and spent some time learning about this issue. Personally, I think the war is over and there's nothing to worry about. I mean what's going on feels like it's scripted and everything is almost done and there won't be any bigger conflicts happening.

As for their impact on the market, I don't see anything to worry about, and even if the war continues, it won't have any effect on the market. This period reminds me of when Covid hit our world and then bitcoin had a new ATH.

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April 14, 2024, 09:41:46 AM
 #25

1. Could this mean that we are on the verge of witnessing an explosive Bitcoin rally as a result of the Bitcoin ETFs approval.
$73,700 of positive proceeds we received from the ETF approval. I think we are currently on the verge of reaching a new ATH price after the halving even though we are currently in a decline which may be due to the effects of the ongoing conflict between countries.

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2. Do you think that the Bitcoin Bull market is going to end sooner than later after the halving?
Maybe yes. Bulls will not last long on this achievement. Another thought is that I wish it could last a long time.

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April 14, 2024, 11:04:46 AM
 #26

I have witnessed two Bitcoin Halving cycles and going through its historical data about the price before the halving, Bitcoin created a new history this cycle, that is breaking through its ATH before the halving, however in as much as we anticipate future significant price growth as usual But we really needs to digest this new record that Bitcoin made.

So, What is your thought seeing the price of Bitcoin smashed the ATH a month before its halving?

1. Could this mean that we are on the verge of witnessing an explosive Bitcoin rally as a result of the Bitcoin ETFs approval.

2. Do you think that the Bitcoin Bull market is going to end sooner than later after the halving?




Bitcoin halving means high price aspirations, from the history of past halvings, you will notice that every time a halving happened some price crisis happened. So currently going through that price crisis, which is nothing to be disappointed about. Because Bitcoin price goes up to go down, and Bitcoin price goes down to go up. So the time for the halving to take place is very close at present.

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April 14, 2024, 11:47:17 AM
 #27

I think it’s option 2. I don’t give so much credit to the ETF because it can’t start being so impactful. Like I’ve said before, if there was no halving coming up, Bitcoin wouldn’t smash the ATH because of ETF. Matter of fact, let’s not forget the fact that the price crashed as it got approved and it was later it started going all up (which I believe was caused by anticipation of the halving).



 

 

 

 

 

 


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April 14, 2024, 11:51:58 AM
 #28

2. Do you think that the Bitcoin Bull market is going to end sooner than later after the halving?

End of Bull season will totally depends on the number of buying and selling so if you identify that the price is going down after halving then sell your coins before you miss the opportunity to earn better profit.

Halving will bring bitcoin to the highest level but i think once it reaches to 80k$ then people will sell it and price will again turn into lower worth so take the benefit according to your dreams and don't wait too much under such circumstances.



 

 

 

 

 

 


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April 14, 2024, 12:15:34 PM
 #29

I have witnessed two Bitcoin Halving cycles and going through its historical data about the price before the halving, Bitcoin created a new history this cycle, that is breaking through its ATH before the halving, however in as much as we anticipate future significant price growth as usual But we really needs to digest this new record that Bitcoin made.

So, What is your thought seeing the price of Bitcoin smashed the ATH a month before its halving?

1. Could this mean that we are on the verge of witnessing an explosive Bitcoin rally as a result of the Bitcoin ETFs approval.

2. Do you think that the Bitcoin Bull market is going to end sooner than later after the halving?




The events that takes place before the bitcoin halving seems to have effects on the bitcoin markets.That the events that happened in the previous months before halving increases bitcoin or makes a rise in the price of bitcoin.
From the previous halving events,there's always a price change.

Personally,its difficult to predict the outcome and impact that this halving will have over the bitcoin markets,but it obviously going to lead to an increase in demand and production.

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April 14, 2024, 12:39:21 PM
Merited by Hyphen(-) (1)
 #30

I have witnessed two Bitcoin Halving cycles and going through its historical data about the price before the halving, Bitcoin created a new history this cycle, that is breaking through its ATH before the halving, however in as much as we anticipate future significant price growth as usual But we really needs to digest this new record that Bitcoin made.

So, What is your thought seeing the price of Bitcoin smashed the ATH a month before its halving?
This a good thought, which makes me believe that unexpected can happen in the crypto space at any time, all it needs is just need is positive news to see it happen.

We can point out that what caused this to happen is because of the bitcoin ETF and the anticipated halving that triggered the new ATH. A new record has been set in that area which makes it the 1st bitcoin halving that saw a new ATH before the halving season after completing three halving without a new ATH, only the 4th halving yet to be completed is seeing one.

1. Could this mean that we are on the verge of witnessing an explosive Bitcoin rally as a result of the Bitcoin ETFs approval.

2. Do you think that the Bitcoin Bull market is going to end sooner than later after the halving?
An explosive bitcoin halving will come along after bitcoin has experienced a correction in price which is like it has already started because bitcoin has been declining in price for the past few days now from $71k to $64k as of today. There is speculation that it might fall harder to $55k before it begins to skyrocket to bull run

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April 14, 2024, 12:43:58 PM
 #31

2. Do you think that the Bitcoin Bull market is going to end sooner than later after the halving?

End of Bull season will totally depends on the number of buying and selling so if you identify that the price is going down after halving then sell your coins before you miss the opportunity to earn better profit.

Halving will bring bitcoin to the highest level but i think once it reaches to 80k$ then people will sell it and price will again turn into lower worth so take the benefit according to your dreams and don't wait too much under such circumstances.

If you have been through a bear season before then you will know that the real bull season will take place a year after the halving. How can you advise OP to sell his bitcoin if there won't be any price increase after halving? You can't expect bitcoin to increase immediately when halving happens, everything takes time. This is the worst advice I have seen so far and not to mention bitcoin is a long term investment, meaning if bitcoin doesn't go up after the halving it doesn't mean it will never go up.

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April 14, 2024, 12:44:29 PM
 #32

It looks like those of us who saw the possibility early on were pretty smart. This event of halving? Everything is set up for a big move. Are ETFs going to be allowed? Bitcoin just scored a major victory; at last, Wall Street is paying attention. It means the market is more stable and people are more likely to spend. This isnt a small glitch; this is how banking will work in the future. Smart investors need to pay close attention. This will go up because new money is coming in; thats just how economies work. People, dont be afraid of the top. The bull market is about to hit a whole new level.

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April 14, 2024, 01:07:30 PM
 #33

I have witnessed two Bitcoin Halving cycles and going through its historical data about the price before the halving, Bitcoin created a new history this cycle, that is breaking through its ATH before the halving, however in as much as we anticipate future significant price growth as usual But we really needs to digest this new record that Bitcoin made.
All thanks to the dynamism that has slightly changed. I will say I've witnessed one full circle myself, having come into this space in 2017 at a post-halving period. I was caught in the middle of it as I didn't even know what halving was then. Before this circle, ATH was after halving but it changed this circle as you also indicated. I guess we owe that to institutional investors who've come to trust Bitcoin and are putting large funds into it now.

Quote
2. Do you think that the Bitcoin Bull market is going to end sooner than later after the halving?
I skipped your first two other questions because we know the outcome now. On to this one in quote, forget what's happening ATM with the ongoing dip (occasioned by the rumour of war between Israel and Iran), the Bitcoin bull market isn't going to end that soon till 2025. That had been the precedence. Except the changed dynamism will also affect and upset historical data. For me, I'm nonchalant concerning whatever that's ongoing now with price dipping.

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April 14, 2024, 01:37:09 PM
 #34

I have witnessed two Bitcoin Halving cycles and going through its historical data about the price before the halving, Bitcoin created a new history this cycle, that is breaking through its ATH before the halving, however in as much as we anticipate future significant price growth as usual But we really needs to digest this new record that Bitcoin made.
2. Do you think that the Bitcoin Bull market is going to end sooner than later after the halving?

On to this one in quote, forget what's happening ATM with the ongoing dip (occasioned by the rumour of war between Israel and Iran), the Bitcoin bull market isn't going to end that soon till 2025. That had been the precedence. Except the changed dynamism will also affect and upset historical data. For me, I'm nonchalant concerning whatever that's ongoing now with price dipping.
I agree with you because we've had a situation like this and later people regret not taking advantage of the opportunity that presents and buying Bitcoin, Somehow all this developing news are only causing a distraction in the short term, but not for long-term holders of Bitcoin.

Right now, The fundamental holders of Bitcoin are still strong, looking at the recent events, The Hong Kong ETFs and The Bitcoin halving on the way, despite the bad news [war event] Sometimes, sudden news events do not change the overall direction of the trend….pointing to what we saw happened in the year 2020 Bitcoin halving, that alone could have changed the then direction of the market, but only cause some slight dump we call “the corona dump” and later the price skyrocketed and which saw 69k previous ATH.


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April 14, 2024, 05:04:58 PM
 #35

I have witnessed two Bitcoin Halving cycles and going through its historical data about the price before the halving, Bitcoin created a new history this cycle, that is breaking through its ATH before the halving, however in as much as we anticipate future significant price growth as usual But we really needs to digest this new record that Bitcoin made.

So, What is your thought seeing the price of Bitcoin smashed the ATH a month before its halving?

1. Could this mean that we are on the verge of witnessing an explosive Bitcoin rally as a result of the Bitcoin ETFs approval.

2. Do you think that the Bitcoin Bull market is going to end sooner than later after the halving?



A big decline in its price happened already and I guess I wasn't surprise. Big investors are most likely to take profit before the anticipated event and wait for things to be more clear, in particular with market price pattern. I do believe that the market price, months after halving, will again be breaking the ceiling. Now the question is, should you buy at this point aready? You could go either buying or waiting for a lower market price, depending on your risk appetite. Things are still too early to conclude and nothing will be certain. We can just only draw conclusion from previous market price behaviors during the same said event, although it was never guaranteed for such thing to happen again. The uptrend may take place before, during, or after the halving. Check on yourself whether you would be able to endure the market, if incase things will turn out to be the opposite of what is expected by many people.

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April 14, 2024, 05:37:06 PM
 #36

Every 4 years the value of Bitcoin will rise due to the halving and touch a new ATH above the previous ATH. We've seen nothing like that in the past few days of Bitcoin movement. Bitcoin surpassed its previous all-time high several days before the halving. Here Halving and Bitcoin ET F Trading force to Bitcoin prices quickly turn from dip to bull. At any time we can see the Bitcoin price increase. However, after the halving, the market can go down again at any time. Not only the bullish movement of bitcoin, but the Bitcoin price may begin its highest bull run from the same level until 2024. It is not yet possible to predict what level Bitcoin price will reach after the halving.

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April 14, 2024, 06:11:49 PM
 #37

So, What is your thought seeing the price of Bitcoin smashed the ATH a month before its halving?

This should be as a result of the bitcoin spot ETF that was approved some months ago. After it’s approval, expectation was that we’ll see bitcoin on a bullish trend as a result of that, but due to the many hype surrounding it and a lot of fake news on its approval, the effect that was expected was not not felt after it was first approved. I think that is the effect that is taking place that made bitcoin to surge high and excess the ATH even before the halving took place.

Quote
1. Could this mean that we are on the verge of witnessing an explosive Bitcoin rally as a result of the Bitcoin ETFs approval.

We have already witnessed some of it but maybe after the halving and the main bull run begins, it will still play an important run in the bullish cycle of the market.

Quote
2. Do you think that the Bitcoin Bull market is going to end sooner than later after the halving?

The bull season doesn’t take much time, I don’t even think it takes up to a year to see the All Time High it will attain before seeing the bearish market again. The bull market won’t take much time, so taking advantage of it early is better.

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April 14, 2024, 06:18:56 PM
 #38

price drop before halving, same as last time Wink

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April 14, 2024, 06:54:38 PM
 #39

I have witnessed two Bitcoin Halving cycles and going through its historical data about the price before the halving, Bitcoin created a new history this cycle, that is breaking through its ATH before the halving, however in as much as we anticipate future significant price growth as usual But we really needs to digest this new record that Bitcoin made.

One noticeable thing that is always constant with the bitcoin ecosystem is that it always follows same path after every cycle. We witnessed a lot of sudden changes in the market that brought about many talks in the market that we might see something entirely different in this cycle. Sooner to when we’ll be experiencing the halving, it looks like the market have taken a turn and it’s now back to its normal path movement where there’s always a dip before the halving. Those that have witnessed the past bull run won’t see this as a much shock even though it was unexpected after the all time high was crossed before the halving took place which was a great shock to everyone as they all saw that bitcoin have taken another path.

All thanks to the dynamism that has slightly changed. I will say I've witnessed one full circle myself, having come into this space in 2017 at a post-halving period. I was caught in the middle of it as I didn't even know what halving was then. Before this circle, ATH was after halving but it changed this circle as you also indicated. I guess we owe that to institutional investors who've come to trust Bitcoin and are putting large funds into it now.

Bitcoin never crossed the all time high since from history of when it was invented. When it did this time around, we all thought it has taken a new dimension and wouldn’t obey any of the past laws (due process) it usually follows before the halving. This dip indicates and proves a lot that bitcoin is still on that trajectory and would follow due process before the halving will take place. Thanks to institutional investors and also the effect of many inventory into the market like the spot bitcoin ETF. The market is still playing well to me and we will be waiting to see what will come after the halving as we hope to see a bigger all time high value when compared to that of the last halving cycle.

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April 14, 2024, 07:46:29 PM
 #40

It's true we have seen the last bull run and pump due to Bitcoin ETF approval. Otherwise, we haven't seen any significant movements in bitcoin before the halving. All the time, Bitcoin gets hard-pumped after the halving. If you see the historical chart, you will discover how Bitcoin reacts during and after the halving. So this time positive for us, ETF already pumped Bitcoin, and we will see another pump after the halving, though it won't happen instantly. And I don't think the bull will end very soon before Bitcoin breaks $100K. After reaching $100K, we might encounter the bear market again, but we don't know where the bottom points will be. 

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April 14, 2024, 08:27:35 PM
 #41

1. Possible. But don't it full credit to the approvals of the Bitcoin spot etfs. Don't forget that the major catalyst is still the Bitcoin halving.
2. The analyses that I've read said that it's likely to end early because we've started early. No one knows if that's going to happen and let's just enjoy this ride. Whether it ends early or not but possibly at the earliest of 2025 it could end, then just enjoy the wild ride and don't forget your stash to take some profit.
Looking at the chart right now the price has dropped to $60k and if base on what we normally have after the halving, that is, a surge in the price, then this price drop is significant for further continuation in the upwards direction, I love the fact that we are getting a pull back, before the main event
I agree, that's normal movement of Bitcoin if we're talking about its price action. We have to see some drops before the halving and then you know what's coming next when it's done already. This pull back is a normal thing for Bitcoin just after it plunged and that's why we are not even worried at all because if you're someone who still stays long on it, you don't need to worry about anything because eventually the price will recover and it will go up as it is and will moving further and gonna surpass $70k again.

this way, I will have full confidence about the price increasing in the up coming weeks and months should history repeat itself.
If it's long term, I'd give it months before we finally see and enjoy this bull run or aren't we enjoying already?

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April 14, 2024, 08:40:01 PM
 #42

price drop before halving, same as last time Wink
Very true, we notice a significant price drop in bitcoin this recent movement, the price of bitcoin drops to $60k and many people or bitcoin investors are worrying about this movement little they know it is part of the movement of bitcoin it is natural or common because the halving is approaching meaning some of investors might sell some of their bitcoin and its like a small correction in bitcoin price so theres no need to panicked, in fact this is a great time to brought bitcoin before the actual halving event, migjt be risky but its better to risk in bitcoin as it already proves its worth and miracle that's why I dont afraid on purchasing more portions of bitcoin and waiting for what comes to bitcoin. So you might also want to consider risking bitcoin. This might be a great time to buy bitcoin until it is still in the dip movement.

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April 15, 2024, 03:03:23 PM
 #43

I have witnessed two Bitcoin Halving cycles and going through its historical data about the price before the halving, Bitcoin created a new history this cycle, that is breaking through its ATH before the halving, however in as much as we anticipate future significant price growth as usual But we really needs to digest this new record that Bitcoin made.

So, What is your thought seeing the price of Bitcoin smashed the ATH a month before its halving?

1. Could this mean that we are on the verge of witnessing an explosive Bitcoin rally as a result of the Bitcoin ETFs approval.

2. Do you think that the Bitcoin Bull market is going to end sooner than later after the halving?



Can't say for sure if this preemptive pump will prolong or hasten the duration of the upcoming bull run, but what it's not is unexpected. There have been ETFs that were finally approved that go way back in 2014 if I'm not mistaken, one of which belonging to BlackRock so the anticipation and excitement that people felt during this period couldn't help but be translated into bitcoin price pumps, now as I expected this isn't really sustainable, by that I mean it's not enough of a reason to hold the whole market together and propel it even further to higher ATHs in the future. We would need to have a new narrative ready if we're looking to have sustainable bull runs like those of the 2016 and 2020 halvings.

We're not going to have an explosive bitcoin rally as you're trying to presume, if we were to have one it wouldn't be solely because of the ETF, the bitcoin demographics' becoming smarter and in turn more demanding, that practically mundane things like this wouldn't inspire them in the long run to keep investing.

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April 15, 2024, 03:11:56 PM
 #44

I think we will first experience a downtrend for a while before the price starts shooting upwards. And after that, I am pretty sure we will have a new ATH.
I am not happy that the big-block spammers are introducing a new token in the form of RUNES on the Bitcoin blockchain. Just when it looked like the Ordinals spam was slowing down a bit, we will now see new activity by the same type of people that will bring congestion to our network.

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April 15, 2024, 03:30:47 PM
 #45

Don't know if it's related to the halving or not, but for the past month bitcoin doesn't seem to be able to find a direction:

(CMC)

I'm curious to see what happens on the halving day and maybe a week after, but I've always thought everything's been priced in from the start.  Still, I'll be the crazy guy on the sidewalk jumping up and down with a bitcoin flag cheering it on as the parade goes by.  Hell, I'm always rooting for it.

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April 16, 2024, 07:16:31 AM
 #46

The Bitcoin halving is only three days away but given the current market conditions, it seems unlikely that Bitcoin will undergo a major correction before the halving. The Bitcoin market is bearish so far and may turn upside down later this year. Now I have no other choice but to hold the Bitcoin market because the halving is very close and the Bitcoin market recovery is not possible before this imminent halving.

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April 16, 2024, 07:35:52 AM
 #47

While we can just ineffectively predict about the future of bitcoin, we've experienced an ATH in this circle which is my first halving experience and not much knowledgeable as you Op. So it has been a great experience coming to this height of attaining the fortitude of bitcoin and with a gratitude of the ATH, I hope to see a greater value in bitcoin after the  halving.
At the bossome of another ATH during the bull, I smell a skyrocketing volume but may not stay longer before we fall into the bear due to technical challenges of the mining values relating to the ETF approval.

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April 16, 2024, 08:17:26 AM
 #48

So, What is your thought seeing the price of Bitcoin smashed the ATH a month before its halving?

1. Could this mean that we are on the verge of witnessing an explosive Bitcoin rally as a result of the Bitcoin ETFs approval.

2. Do you think that the Bitcoin Bull market is going to end sooner than later after the halving?
I was surprised when it happened TBH because it never happened in the past. Breaking past it's ATH even we haven't seen the event happening? It's the first time that it happened. Now we are currently seeing the market going down a few days before the halving event. Bitcoin is at $62,000 at the time I'm posting this. Those who bought at the bottom are selling their holdings to the faces of those who bought at near it's ATH.

1. Bitcoin ETF has pushed the price of Bitcoin go up. Bitcoin halving event will push it even further that's for sure. I just hope that everybody is ready when the bull run starts.
2. Hmmm, there's a chance that it might happen... or it might not. 12-18 months is the expected date for the bull run to last.

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April 16, 2024, 06:25:38 PM
 #49

Even before the ETF was approved in January, the price of Bitcoin began to jump. Then Bitcoin slowly broke its past price records. Bitcoin price will increase before halving, I was really unexpected that Bitcoin price will above $73k. With Bitcoin halving just a few days away, I can't predict exactly how much the price of Bitcoin will go down or up. Bitcoin is correcting before the halving It's hard to say exactly where the correction will stop but I don't think it will go much big. Bitcoin may start a new run after the halving, I'm willing to hold on to my bitcoin if it has to wait until 2025 to reach $100k.

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April 16, 2024, 07:56:00 PM
 #50

I have witnessed two Bitcoin Halving cycles and going through its historical data about the price before the halving, Bitcoin created a new history this cycle, that is breaking through its ATH before the halving, however in as much as we anticipate future significant price growth as usual But we really needs to digest this new record that Bitcoin made.

So, What is your thought seeing the price of Bitcoin smashed the ATH a month before its halving?

1. Could this mean that we are on the verge of witnessing an explosive Bitcoin rally as a result of the Bitcoin ETFs approval.

2. Do you think that the Bitcoin Bull market is going to end sooner than later after the halving?

Historically Bitcoin doesn’t break an ATH before the halving the thing I'm fully aware that happens before the bitcoin halving is the dip that either makes people sell out of panic or create an opportunity to acquire more, and i believe that most people that’s witnessed the previous halving would see this current dip as an opportunity to acquire more Bitcoin instead of selling. Well i believe it broke the ATH because of the approval of the Bitcoin ETF which made many people who bought before then to make lots of profits. But it's not over yet, there's an ongoing dip which normally occurs before the halving and this is a very big opportunity for people to acquire as much as they can  and in my opinion i think we might experience a massive explode in the price of Bitcoin and this years halving would be very much greater than the previous. Everyone needs to be very prepared for the 4th halving but for the bull run ending sooner I'm not really sure about that, well let's see how it goes.


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April 16, 2024, 10:44:05 PM
 #51

So, What is your thought seeing the price of Bitcoin smashed the ATH a month before its halving?
I don't think it's an alarming scenario. It's actually expected to have some price manipulation right before the halving, so weak hands give their coins away, while whales and confident investors keep purchasing the dip right before the prices suddenly pump to new price ranges.

1. Could this mean that we are on the verge of witnessing an explosive Bitcoin rally as a result of the Bitcoin ETFs approval.
An explosive rally is expected, but not due to ETFs' approval. ETF's impact already happened once it was approved months ago. What we are going to see from now on is the impact of halving event over Bitcoin's price. That is the main reason why Bitcoin is going to get highly valuable soon.

2. Do you think that the Bitcoin Bull market is going to end sooner than later after the halving?
I can't say anything about it, as the length of bullish markets are always a mistery which can't be foreseen by anyone. We have lots of speculations on this matter, stating the bull run won't cease before Bitcoin hits 150,000$ or 200,000$, but that is highly optimistic in my opinion, and we must be always aware about whales who are also following this market's trends closely in order to mould the tendencies in a way they can be benefited, while everyone else gets lost trying to understand the charts and Bitcoin's next moves.

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April 17, 2024, 01:32:58 AM
 #52

Even before the ETF was approved in January, the price of Bitcoin began to jump. Then Bitcoin slowly broke its past price records. Bitcoin price will increase before halving, I was really unexpected that Bitcoin price will above $73k. With Bitcoin halving just a few days away, I can't predict exactly how much the price of Bitcoin will go down or up. Bitcoin is correcting before the halving It's hard to say exactly where the correction will stop but I don't think it will go much big. Bitcoin may start a new run after the halving, I'm willing to hold on to my bitcoin if it has to wait until 2025 to reach $100k.
Bitcoin halving actually does not determine the rise or fall of Bitcoin prices. Halving is just a means to limit the supply of coins circulating in the market so that the value remains maintained.

What makes prices move and can even reach ATH is demand from buyers. When there are more buyers than the circulating supply, of course prices will tend to increase.

Based on that, yesterday when the ETF was approved, it certainly created more demand for Bitcoin than usual so that the price could touch ATH even before the halving occurred. and now because so many people are selling bitcoin, the price will be corrected again.

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April 17, 2024, 02:23:29 AM
 #53

I write this 3 days before halving...

So far it has been disappointing... no big rallies/bull runs yet.

Possible causes:

1. People's transactions to transfer/sell bitcoin after all time high still processing/back log (profit taking, congestion on btc blockchain/limited blockspace).

2. Major Exchanges pulling out of countries due to laws.

3. Tether/usdt pulling out/closing up shop on some blockchains (causes usdt liquidity issue, lack of usdt on exchanges(?)).

4. Some ETF outflows mostly grayscale ETF annual fee related (high maintenance costs, outflow/inflow to cheaper competitors or permanent outflow/self custody).

5. Bitcoin over bought, now correction: long term holders selling to short term holders.

Possible time line:
Next 2 weeks possible drop to 50k (for now holding on to 60k thx to oil/gold rally)
Next 2 months recovery/rally to 72k
Next 2 weeks Side ways 72k
Next 4 years to 100k to 150k, maybe 250k all time high.
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April 17, 2024, 02:35:33 AM
 #54

True, if we look at the market performance some time ago the rally was quite strong where Bitcoin was able to reach ATH (All-Time High) a month before half of this was after the presence and testing of ETFs so that it was able to trigger further price increases, but we cannot be sure that it will work 100% perfectly and on the other hand indeed everyone has hope that the post-halving will give a new color in the investment journey, especially BTC but I have The view is that halving can trigger a bullish period and its sustainability will also depend on changes in broader market dynamics, namely demand.

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April 17, 2024, 03:42:38 AM
 #55



So far it has been disappointing... no big rallies/bull runs yet.



So sell out your bitcoins before it's too late, don't keep holding on to bitcoins when it disappoints you. Not only you but also those who are disappointed just because bitcoin is not increasing in price and those who are thinking like you that bitcoin will drop to $50k in the next 2 weeks should sell all their bitcoins. I will be happy if you sell all your bitcoins because this is a good sign for the market because the market does not need weak hands, and for the market to grow we need to eliminate weak hands, speculators.

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April 17, 2024, 04:18:25 AM
 #56

1. Could this mean that we are on the verge of witnessing an explosive Bitcoin rally as a result of the Bitcoin ETFs approval.
2. Do you think that the Bitcoin Bull market is going to end sooner than later after the halving?
Just like you I've also witnessed previous halving and this one is different as it reaches ATH first before the halving maybe because of the ETFs approval but if we are going to based on previous statistics after halving it would take around 60 to 200 days before a fully bull run, my thought is since the bull run already started before halving, we may witness a more bullish market that would rocket the Bitcoin's price. This is just only my assumption and we all know cryptocurrencies, we really can't predict them.

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