aima55 (OP)
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April 16, 2024, 10:18:13 AM |
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Guys have you been tracking these Bitcoin halving cycles? It's wild how they've consistently led to massive price surges in the past.
Like, the first one saw the price jump from $12 all the way up to $1,200. And the second halving? The price went from $647 to over $19,000 - that's a 651% increase!
The second halving, the price was around $8,800 before it skyrocketed to over $63,000. The pattern is clear. Based on that history, a lot of analysts are predicting Bitcoin soaring to around $500K.
If that ends up happening, anyone who gets in before then is gonna be sitting pretty. The window to stack those sats before the big run-up is closing fast. I recently joined the “Chase the 1 BTC Halving Treasure" on bitget. Might be worth checking out.
Keep loading your bags, because in a couple years, you're gonna be one happy camper. This Bitcoin halving cycle is about to go parabolic, I can feel it.
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DeathAngel
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April 16, 2024, 10:30:48 AM |
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It doesn’t take a couple of years for the price to moon after each block reward halving. We may see a period of 3-4 months of what seems like a nothingness post halving but give it 12 months after the halving & the price will be a lot higher than it is now. There is nothing else like Bitcoin, the diminishing supply of newly mined coins makes it a force to be reckoned with. Altcoins will follow Bitcoin if history repeats.
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Mate2237
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April 16, 2024, 10:52:57 AM |
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But now we don't know how the price will be in this forthcoming halving and right now the count down is 528 blocks to go and before tomorrow it will be 400+ block and now the price is $63+k. Well I did experience the first, second and third and this is the first halving I am about to experience and I don't really know the things happen in the halving events but with this coming experience I will see some how it is. I have been trying to have 1 bitcoin for two years but I couldn't get.
Sure this is the best time load the bags so that when it hits the G-spot then you can shout Jesus and become the new millionaire in the locality with bitcoin funds.
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btc78
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April 16, 2024, 11:35:33 AM |
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What’s really crazy is that we saw bitcoin reach a new ath even before the actual halving take place which from what I know has never happened before. So if bitcoin is reaching new records then who is to say what can happen post halving? We are definitely in for a good time ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) we just need to acquire as much bitcoin possible and never let fud get into our way of holding.
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JeffBrad12
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April 16, 2024, 01:09:16 PM |
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I definitely still accumulating till this day, even the latest dipping where bitcoin touches $60k just few days ago I already make some real accumulation, i just think thats its good opportunity for those that missed the early waves of the pumping, but indeed there are still risk of the price dipping further just know to only invest money you can afford to lose otherwise you might get stressed about it whenever price is making some waves. current price hasn't stabilized yet there's chance of it either going down or make a recovery instead and go back near $70k marks, truth is, price just doing some zig zag along the way I guess until halving happens and then price probably tanks for a little bit before the historical surge that you just mentioned. DCA is always good strategy at the time like this, but for me personally i'd like to just go all in depositing all my money to bitcoin in hopes that it will eventually reaches $100k mark in the near future, can't wait.
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KingsDen
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April 16, 2024, 02:35:33 PM |
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What’s really crazy is that we saw bitcoin reach a new ath even before the actual halving take place which from what I know has never happened before. So if bitcoin is reaching new records then who is to say what can happen post halving? We are definitely in for a good time ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) we just need to acquire as much bitcoin possible and never let fud get into our way of holding. The ability of bitcoin to reach a new ATH even before halving is where my confusion lies. What does it actually mean? Doesn't it mean that bitcoin has used part of the potentials it needed to surge to make a new ATH even before halving? Which means bull run might not be remarkable. Or It means that attaining a new ATH before halving has brought the price up to enable the bull run become massive? I think the later should be the case and not the former.
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electronicash
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April 16, 2024, 04:45:11 PM |
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it's a known fact. halving is the most awaited time by every BTC investor. i the price skyrocketed up to 651% as OP said, it will probably go way higher than that now that there is ETF on both sides of the globe. every institutional trader is already exposed to this even before these ETFS but this time it's legal for them to get into BTC.
i am however unsure about that $500k. it does sound conservative compared to the ones who hyped these ETFs because some even predicted over $1M.
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Wexnident
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April 16, 2024, 10:44:57 PM |
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~
It's pretty well known since it's probably the most easiest metric for most people to check and see how much BHitcoin grew every halving which happens in a constant pace, so it's easy to keep track of and guaranteed to happen, unlike other events like the announcement of a Bitcoin ETF. No one would've predicted that it would've happened this year after all. Now as for the scale of increase though, I do believe it's gradually getting smaller. Still a sizeable amount ofc, but compared tot he past jumps after the halving? A lot smaller. Even 200k sounds like a stretch to me, let alone 500k.
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batang_bitcoin
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April 17, 2024, 03:06:58 AM |
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Why is this on altcoins if it's Bitcoin? It's known to most of us here, especially the ones that have been here for so long about the past halvings. Keep loading your bags, because in a couple years, you're gonna be one happy camper. This Bitcoin halving cycle is about to go parabolic, I can feel it.
That's the goal, we can have it this bull run those have been accumulating for a lot time and waited for this moment. As usual with the bull run, it's always been parabolic and we'd see a skyrocketing growth of it, but how high it can be this time? We shall see.
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Rent this sig space so that BTC goes to $100k.
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Kelward
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April 17, 2024, 10:10:14 AM |
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What’s really crazy is that we saw bitcoin reach a new ath even before the actual halving take place which from what I know has never happened before. So if bitcoin is reaching new records then who is to say what can happen post halving? We are definitely in for a good time ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) we just need to acquire as much bitcoin possible and never let fud get into our way of holding. This bull run is definitely going to be a massive one, because between the last halving and now, Bitcoin adoption has increased and the ETF has also added more investors and awareness to it, although the OP $500k price prediction is an exaggeration, I however think that we'll see an ATH of around $200k in the peak of the season. The price dip that we're experiencing now should be a blessing in disguise for those that are buying for the bull run, because the more that price dips, the greater their ROI when price starts to surge after halving.
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cryptoaddictchie
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April 17, 2024, 10:42:04 AM |
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What’s really crazy is that we saw bitcoin reach a new ath even before the actual halving take place which from what I know has never happened before. So if bitcoin is reaching new records then who is to say what can happen post halving? We are definitely in for a good time ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) we just need to acquire as much bitcoin possible and never let fud get into our way of holding. Thats actually a first and even events circulating around it like bitcoin eft approval and many more. I feel like theres a change on what was supposedly happenned but Im still hoping theres a surge on price that might lead to same history that repeat btc going to a new record breaking price. Well it did do some new ATH but its better if we saw more than that in the coming weeks. But let see sinfe were just few days away from halving. I am excited to know what are the moves of the miners.
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Gozie51
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April 17, 2024, 11:27:25 AM |
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Guys have you been tracking these Bitcoin halving cycles? It's wild how they've consistently led to massive price surges in the past.
Your trace of history is apt and that has been proven over the years that the surge of price is usually higher after a halving to reach another ATH. So for the reward for mining Bitcoin to be reduced, definitely it will cause increase in the price of bitcoin. Altcoins will follow Bitcoin if history repeats.
I think this season will be a big pay back to altcoins hodlers too. Last season of halving in 2020, it wasn't that much of a rally for altcoins but with the expected increase to the price of bitcoin when the bull starts, more hands that couldn't risk the high price of bitcoin will definitely fall back to altcoins including meme or shit coins making the crypto rally to be complete. So yes, this season is also likely to favour altcoins.
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Tipstar
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April 17, 2024, 04:00:42 PM |
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The trend has worked without fail till date and there are no reason this time it would be different. There has always been a price surge a few months ahead of halving, a correction around halving and a large bull after few months of halving. Currently we are near halving so this correction phase is satisfied. There undoubtedly would be a bull near the end of this year or early next year. So, it's the perfect time to accumulate the coin you believe in. As we might not ever be able to get them on the price they are now.
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AnonBitCoiner
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April 17, 2024, 04:03:06 PM |
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In previous halving people were not aware of such a thing but now everyone is in wait for the halving to take place and they sell their Bitcoin for making their financial system stronger.
I think people will not let Bitcoin reach its highest worth and before reaching such value whales will sell their Bitcoin so I think if the selling rate does not decrease then the probability is that we will not see a huge pump.
It is a better time to hold more Bitcoin because the price is already lower so grab the opportunity if it surges due to halving then you will have more Bitcoin for take more benefits.
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Sophokles
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April 17, 2024, 06:18:14 PM |
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One thing is identical for every bitcoin halving and that is that bitcoin made an all time high after every halving. This term has been certain for all the previous periods. But when it will happen is a topic to debate. If you check closely, then you will see there isn't an exact timeframe for that. Sometimes bitcoin bull run continues for a long period of time post halving and sometimes it was shorter. But in the last two cycles, it was a year and a half-time cycle, which was huge, but this time it is expected to be much shorter.
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jaberwock
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April 17, 2024, 06:36:35 PM |
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What’s really crazy is that we saw bitcoin reach a new ath even before the actual halving take place which from what I know has never happened before. So if bitcoin is reaching new records then who is to say what can happen post halving? We are definitely in for a good time ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) we just need to acquire as much bitcoin possible and never let fud get into our way of holding. Thats actually a first and even events circulating around it like bitcoin eft approval and many more. I feel like theres a change on what was supposedly happenned but Im still hoping theres a surge on price that might lead to same history that repeat btc going to a new record breaking price. Well it did do some new ATH but its better if we saw more than that in the coming weeks. But let see sinfe were just few days away from halving. I am excited to know what are the moves of the miners. I do agree that ETF is the situation that we are in right now, and that would be the most important part. I get that it may not feel like it is going to be all that simple, and ETF situation is not just one time thing, we have seen it go up because of the hype, but we are going to see ETF from all those companies will make it stay higher because the yare going to keep on buying thousands every week, which will keep the buying pressure on and that should be the key figure here. I believe that we could have some drops here and there, which happened recently, but I also think that it is a very small chance that it would repeat that often. We are going to see the long term being very profitable and will do very well in the end.
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wheelz1200
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April 17, 2024, 08:50:54 PM |
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Guys have you been tracking these Bitcoin halving cycles? It's wild how they've consistently led to massive price surges in the past.
Like, the first one saw the price jump from $12 all the way up to $1,200. And the second halving? The price went from $647 to over $19,000 - that's a 651% increase!
The second halving, the price was around $8,800 before it skyrocketed to over $63,000. The pattern is clear. Based on that history, a lot of analysts are predicting Bitcoin soaring to around $500K.
If that ends up happening, anyone who gets in before then is gonna be sitting pretty. The window to stack those sats before the big run-up is closing fast. I recently joined the “Chase the 1 BTC Halving Treasure" on bitget. Might be worth checking out.
Keep loading your bags, because in a couple years, you're gonna be one happy camper. This Bitcoin halving cycle is about to go parabolic, I can feel it.
I agree with you. A lot of people aren't buying in and think it topped off for awhile, they couldn't be more wrong. Not every cycle will be the same but a lot of times it does. I'm betting this one will be no different. I think the percentage it goes up vs previous cycles won't be the same but it should be significant.
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kawetsriyanto
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Up to 300% + 200 FS deposit bonuses
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April 17, 2024, 09:09:24 PM |
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Guys have you been tracking these Bitcoin halving cycles? It's wild how they've consistently led to massive price surges in the past.
Tracking? Do you mean learning the cycles? I think everyone learned it, we all know how the halving contributed to the huge increase in Bitcoin price. Halving already happened several times, so people must learn how its patterns. So far, it is true that halving always brings a significant change in the price. Even if there is no guarantee for another huge increase, but it is likely to happen in the same way. The pattern is clear. Based on that history, a lot of analysts are predicting Bitcoin soaring to around $500K.
Yep, the pattern is quite clear although it may change someday. I personally still believe it will remain in the same pattern for the current season. I don't see something to change it. By the way, who predicted the Bitcoin will reach $500k in this season? Most people only predicted the price may reach $150k - $200k. I never saw an analyst predicting the price $500k. This topic should be in Bitcoin Discussion or in Speculation.
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goaldigger
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April 17, 2024, 09:30:13 PM |
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it's a known fact. halving is the most awaited time by every BTC investor. i the price skyrocketed up to 651% as OP said, it will probably go way higher than that now that there is ETF on both sides of the globe. every institutional trader is already exposed to this even before these ETFS but this time it's legal for them to get into BTC.
i am however unsure about that $500k. it does sound conservative compared to the ones who hyped these ETFs because some even predicted over $1M.
Let's be more realistic here and for me, the halving this time can't bring that much especially the $500k, maybe in the next four years we might finally hit that price but right now, we are still struggling to sustain it's price above $60k. Bitcoin halving is the only event many are looking forward to, though ETF will contribute a lot in long term, the halving is still considered as the main event for BTC.
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Kelvinid
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April 17, 2024, 09:54:42 PM |
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Perhaps, this is what we expect as this is also what happened in the past halving. In fact, people become excited when halving is coming and they buy more coins as they believe that there is a magical thing happening in the market that makes it more profitable. We can't say the situation is a copy of the past but for the past halving and based on my experience, prices went too high during the bull season and even shitcoins.
Bitcoin halving is undeniably creating a huge impact in the market increasing demand and traders becoming too active. Our assumption isn't wrong as the surge really gonna happen during halving -- Bitcoin and altcoins.
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