Franctoshi (OP)
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
April 13, 2024, 08:56:22 PM |
|
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 |
▀▀▀▀▀▀▀██████▄▄ ████████████████ ▀▀▀▀█████▀▀▀█████ ████████▌███▐████ ▄▄▄▄█████▄▄▄█████ ████████████████ ▄▄▄▄▄▄▄██████▀▀ | LLBIT | │ | CRYPTO FUTURES | | | | | | | │ | 1,000x LEVERAGE | │ | COMPETITIVE FEES | │ | INSTANT EXECUTION | │ | . TRADE NOW |
|
|
|
seoincorporation
Legendary
Offline
Activity: 3276
Merit: 3066
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
April 13, 2024, 09:14:33 PM |
|
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.
|
|
|
|
electronicash
Legendary
Offline
Activity: 3192
Merit: 1054
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
April 13, 2024, 09:16:28 PM |
|
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.
|
|
|
|
alani123
Legendary
Offline
Activity: 2520
Merit: 1474
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
April 13, 2024, 09:21:18 PM |
|
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](https://bitcointalk.org/Smileys/default/cool.gif)
|
|
|
|
Crypto Library
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
April 13, 2024, 09:35:00 PM |
|
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
|
| | . .Duelbits. | │ | ..........UNLEASH.......... THE ULTIMATE GAMING EXPERIENCE | │ | DUELBITS FANTASY SPORTS | ████▄▄▄█████▄▄▄ ░▄████████████████▄ ▐██████████████████▄ ████████████████████ ████████████████████▌ █████████████████████ ████████████████▀▀▀ ███████████████▌ ███████████████▌ ████████████████ ████████████████ ████████████████ ████▀▀███████▀▀ | . ▬▬ VS ▬▬ | ████▄▄▄█████▄▄▄ ░▄████████████████▄ ▐██████████████████▄ ████████████████████ ████████████████████▌ █████████████████████ ███████████████████ ███████████████▌ ███████████████▌ ████████████████ ████████████████ ████████████████ ████▀▀███████▀▀ | /// PLAY FOR FREE /// WIN FOR REAL | │ | ..PLAY NOW.. | |
|
|
|
tabas
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
April 13, 2024, 09:48:07 PM |
|
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.
|
|
|
|
Dr.Bitcoin_Strange
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
April 13, 2024, 10:00:32 PM |
|
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.
|
..Stake.com.. | | | ▄████████████████████████████████████▄ ██ ▄▄▄▄▄▄▄▄▄▄ ▄▄▄▄▄▄▄▄▄▄ ██ ▄████▄ ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██ ██████ ██ ██████████ ██ ██ ██████████ ██ ▀██▀ ██ ██ ██ ██████ ██ ██ ██ ██ ██ ██ ██████ ██ █████ ███ ██████ ██ ████▄ ██ ██ █████ ███ ████ ████ █████ ███ ████████ ██ ████ ████ ██████████ ████ ████ ████▀ ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██ ██ ▀▀▀▀▀▀▀▀▀▀ ██ ▀█████████▀ ▄████████████▄ ▀█████████▀ ▄▄▄▄▄▄▄▄▄▄▄▄███ ██ ██ ███▄▄▄▄▄▄▄▄▄▄▄▄ ██████████████████████████████████████████ | | | | | | ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄ █ ▄▀▄ █▀▀█▀▄▄ █ █▀█ █ ▐ ▐▌ █ ▄██▄ █ ▌ █ █ ▄██████▄ █ ▌ ▐▌ █ ██████████ █ ▐ █ █ ▐██████████▌ █ ▐ ▐▌ █ ▀▀██████▀▀ █ ▌ █ █ ▄▄▄██▄▄▄ █ ▌▐▌ █ █▐ █ █ █▐▐▌ █ █▐█ ▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█ | | | | | | ▄▄█████████▄▄ ▄██▀▀▀▀█████▀▀▀▀██▄ ▄█▀ ▐█▌ ▀█▄ ██ ▐█▌ ██ ████▄ ▄█████▄ ▄████ ████████▄███████████▄████████ ███▀ █████████████ ▀███ ██ ███████████ ██ ▀█▄ █████████ ▄█▀ ▀█▄ ▄██▀▀▀▀▀▀▀██▄ ▄▄▄█▀ ▀███████ ███████▀ ▀█████▄ ▄█████▀ ▀▀▀███▄▄▄███▀▀▀ | | | ..PLAY NOW.. |
|
|
|
stadus
Legendary
Offline
Activity: 3220
Merit: 1303
Hhampuz for Campaign management
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
April 13, 2024, 10:27:51 PM |
|
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.
|
| . .Duelbits. | │ | | │ | ▄▄█▄▄░░▄▄█▄▄░░▄▄█▄▄ ███░░░░███░░░░███ ▀░░░▀░░▀░░░▀░░▀░░░▀ ▄░░░░░░░░░░░░ ▀██████████ ░░░░░███░░░░▀ ░░█░░░███▄█░░░█ ░░██▌░░███░▀░░██▌ ░█░██░░███░░░█░██ ░█▀▀▀█▌░███░░█▀▀▀█▌ ▄█▄░░░██▄███▄█▄░░▄██▄ ▄███▄ ░░░░▀██▄▀ | . REGIONAL SPONSOR | | ███▀██▀███▀█▀▀▀▀██▀▀▀██ ██░▀░██░█░███░▀██░███▄█ █▄███▄██▄████▄████▄▄▄██ ██▀ ▀███▀▀░▀██▀▀▀██████ ███▄███░▄▀██████▀█▀█▀▀█ ████▀▀██▄▀█████▄█▀███▄█ ███▄▄▄████████▄█▄▀█████ ███▀▀▀████████████▄▀███ ███▄░▄█▀▀▀██████▀▀▀▄███ ███████▄██▄▌████▀▀█████ ▀██▄███▀██▄█▄▄▄██▄████▀ ▀▀██████████▄▄███▀▀ ▀▀▀▀█▀▀▀▀ | . EUROPEAN BETTING PARTNER | |
|
|
|
Franctoshi (OP)
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
April 13, 2024, 10:39:24 PM |
|
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 |
▀▀▀▀▀▀▀██████▄▄ ████████████████ ▀▀▀▀█████▀▀▀█████ ████████▌███▐████ ▄▄▄▄█████▄▄▄█████ ████████████████ ▄▄▄▄▄▄▄██████▀▀ | LLBIT | │ | CRYPTO FUTURES | | | | | | | │ | 1,000x LEVERAGE | │ | COMPETITIVE FEES | │ | INSTANT EXECUTION | │ | . TRADE NOW |
|
|
|
Zaguru12
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
April 13, 2024, 10:43:08 PM |
|
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
|
| | . .Duelbits. | │ | ..........UNLEASH.......... THE ULTIMATE GAMING EXPERIENCE | │ | DUELBITS FANTASY SPORTS | ████▄▄▄█████▄▄▄ ░▄████████████████▄ ▐██████████████████▄ ████████████████████ ████████████████████▌ █████████████████████ ████████████████▀▀▀ ███████████████▌ ███████████████▌ ████████████████ ████████████████ ████████████████ ████▀▀███████▀▀ | . ▬▬ VS ▬▬ | ████▄▄▄█████▄▄▄ ░▄████████████████▄ ▐██████████████████▄ ████████████████████ ████████████████████▌ █████████████████████ ███████████████████ ███████████████▌ ███████████████▌ ████████████████ ████████████████ ████████████████ ████▀▀███████▀▀ | /// PLAY FOR FREE /// WIN FOR REAL | │ | ..PLAY NOW.. | |
|
|
|
nelson4lov
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
April 13, 2024, 10:50:11 PM |
|
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.
|
|
|
|
Redudletech
Newbie
Offline
Activity: 23
Merit: 1
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
April 14, 2024, 12:25:39 AM |
|
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
|
|
|
|
fuguebtc
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
April 14, 2024, 03:59:25 AM |
|
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.
|
..Stake.com.. | | | ▄████████████████████████████████████▄ ██ ▄▄▄▄▄▄▄▄▄▄ ▄▄▄▄▄▄▄▄▄▄ ██ ▄████▄ ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██ ██████ ██ ██████████ ██ ██ ██████████ ██ ▀██▀ ██ ██ ██ ██████ ██ ██ ██ ██ ██ ██ ██████ ██ █████ ███ ██████ ██ ████▄ ██ ██ █████ ███ ████ ████ █████ ███ ████████ ██ ████ ████ ██████████ ████ ████ ████▀ ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██ ██ ▀▀▀▀▀▀▀▀▀▀ ██ ▀█████████▀ ▄████████████▄ ▀█████████▀ ▄▄▄▄▄▄▄▄▄▄▄▄███ ██ ██ ███▄▄▄▄▄▄▄▄▄▄▄▄ ██████████████████████████████████████████ | | | | | | ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄ █ ▄▀▄ █▀▀█▀▄▄ █ █▀█ █ ▐ ▐▌ █ ▄██▄ █ ▌ █ █ ▄██████▄ █ ▌ ▐▌ █ ██████████ █ ▐ █ █ ▐██████████▌ █ ▐ ▐▌ █ ▀▀██████▀▀ █ ▌ █ █ ▄▄▄██▄▄▄ █ ▌▐▌ █ █▐ █ █ █▐▐▌ █ █▐█ ▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█ | | | | | | ▄▄█████████▄▄ ▄██▀▀▀▀█████▀▀▀▀██▄ ▄█▀ ▐█▌ ▀█▄ ██ ▐█▌ ██ ████▄ ▄█████▄ ▄████ ████████▄███████████▄████████ ███▀ █████████████ ▀███ ██ ███████████ ██ ▀█▄ █████████ ▄█▀ ▀█▄ ▄██▀▀▀▀▀▀▀██▄ ▄▄▄█▀ ▀███████ ███████▀ ▀█████▄ ▄█████▀ ▀▀▀███▄▄▄███▀▀▀ | | | ..PLAY NOW.. |
|
|
|
Cryptoprincess101
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
April 14, 2024, 05:33:31 AM |
|
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.
|
|
|
|
adaseb
Legendary
Offline
Activity: 3864
Merit: 1732
Up to 300% + 200 FS deposit bonuses
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
April 14, 2024, 05:37:51 AM Merited by Franctoshi (1) |
|
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.
|
|
|
|
God bless u
Full Member
![*](https://bitcointalk.org/Themes/custom1/images/star.gif) ![*](https://bitcointalk.org/Themes/custom1/images/star.gif)
Offline
Activity: 378
Merit: 112
Eloncoin.org - Mars, here we come!
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
April 14, 2024, 05:39:04 AM |
|
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.
|
|
|
|
Maus0728
Legendary
Offline
Activity: 2002
Merit: 1581
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
April 14, 2024, 05:48:07 AM |
|
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.
|
|
|
|
Ale88
Legendary
Offline
Activity: 2506
Merit: 2769
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
April 14, 2024, 06:42:12 AM |
|
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.
|
|
|
|
m2017
Legendary
Online
Activity: 1932
Merit: 1386
Crypto Casino and Sportsbook
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
April 14, 2024, 06:53:46 AM Merited by Franctoshi (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.
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.
|
| | | | | | FIRST NO WAGERING BONUS CASINO & SPORTSBOOK SLOTS │ LIVE CASINO │ LIVE GAMES │ SPORTS | | | ► | WELCOME BONUS ─── UP TO ─── [ $500 ] | | ► | MULTI BET BONUS ─── UP TO ─── [ 200% ] | █████████████▄██▄ ████████████▐█████ ███▄██▄█████▐██████▄ ████████▄▄██████████▄ ███▐██▀██▀███████████ ██████████████████████▄ ███▐▄█████▄████████████▄ ▄▀▀███████████▄███████░█▌ ▀███████████████████████ ░███████████████████████ ░░▀▀▀▄██▄███████████████▄ ░░████▀█▀█████████████████▄▄ ██████▀███████████████████████▄ | PLAY NOW |
|
|
|
WatChe
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
April 14, 2024, 07:30:12 AM |
|
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.
|
|
|
|
|