What is going to happen with Bitcoin now?

[GIF-JOBS]

I have seen that after this Bitcoin halving, the price of Bitcoin has decreased a lot. As far as I know that after every halving the price of bitcoin increases exponentially and it increases about 3 to 4 times, but this time I saw that the price of bitcoin has decreased a lot after halving, but I have seen in several places that they say the price of bitcoin is halving. After that it will decrease a bit and then it will increase rapidly. As such, after checking the market today, I saw that After the fall in the price of Bitcoin, the price is slowly increasing again. Bitcoin price was below 57K three days ago and today Bitcoin price is $63,585.10. Does that mean we will see a Bitcoin bull market now? Or will it decrease again? What is your view on Bitcoin?

[uneng]

Bitcoin has gotten bullish since yesterday once again. There are news and predictions pointing in all directions right now, and what I see in the market is a lot of doubts from investors regards the next steps Bitcoin is going to take. Crypto market is full of manipulation by whales, so you can expect anything on short run, although on long term it's pretty likely Bitcoin is going to hit 100,000 or 150,000$ by the end of this current bull run (what can still take a year or so to happen).

I share the same view of those who made the predictions above. But for now we can only hope Bitcoin is going back to the right track once again, and that further corrections in price which could potentially lead Bitcoin to 50,000$ and below aren't going to happen anymore. It's early to assure anything, though, because resistance line is still at 64,000$, and Bitcoin didn't manage to break it today yet. In every cases, I like to see Bitcoin back to the 63,000$'s price range, as it gives me confidence to believe we are going upside in the following days, as the trend goes by.

[kentrolla]

You got it all wrong, we never see Bitcoin bull run immediately post halving and even in the past we have seen these dips immediately followed by halving. If you compare today's Bitcoin price with th yesterday's you will see that it's in upward trend once again and we will see more surge and dips until bull run which is expected to take place either during last quarter this year's or mid next year.

[Dunamisx]

I have seen that after this Bitcoin halving, the price of Bitcoin has decreased a lot.

I think that has been a thing of a story now because the market price currently is now fast rising back to where it left from the initial place, we will soon get to launched into $70,000 anytime soon.

As far as I know that after every halving the price of bitcoin increases exponentially and it increases about 3 to 4 times, but this time I saw that the price of bitcoin has decreased a lot after halving

Have we then forgotten that bitcoin is a volatile cryptocurrency, it can rise and fall at any time and there is no fix rate on that.

After that it will decrease a bit and then it will increase rapidly.

Its better we have the required patient for this to come to pass.

[decodx]

I have seen that after this Bitcoin halving, the price of Bitcoin has decreased a lot.

What do you mean? The price of bitcoin is exactly what it was two months ago, and if we take into account the price that was at the end of last year, the price of bitcoin has risen significantly, not the other way around. Just because we had a short-term pre-halving spike and a new ATH, it doesn't mean that the price of Bitcoin has decreased a lot!

Does that mean we will see a Bitcoin bull market now? Or will it decrease again? What is your view on Bitcoin?

You can't really expect someone to know this. We can only speculate.

[Asuspawer09]

I have seen that after this Bitcoin halving, the price of Bitcoin has decreased a lot. As far as I know that after every halving the price of bitcoin increases exponentially and it increases about 3 to 4 times, but this time I saw that the price of bitcoin has decreased a lot after halving, but I have seen in several places that they say the price of bitcoin is halving. After that it will decrease a bit and then it will increase rapidly. As such, after checking the market today, I saw that After the fall in the price of Bitcoin, the price is slowly increasing again. Bitcoin price was below 57K three days ago and today Bitcoin price is $63,585.10. Does that mean we will see a Bitcoin bull market now? Or will it decrease again? What is your view on Bitcoin?

You should check the Bitcoin Halving Timeline you could notice that the market is gonna drop on Bitcoin Halving and slowly gain momentum after around 365 days where it would actually skyrocket if you are going to base it on the past halving, so if we are going to follow that pattern we could assume that the market price is probably gonna continue to drop down, and then after a few months slowly going to gain its momentum to skyrocket and that is probably where the Bullrun is going to take place.

I don't really think it is already a Bullrun, Based on the pattern we could see that the price is slowing down, from x1000 in the first halving the ideal price is around 150k$ in my opinion surely it was impossible already to even have 100x on Bitcoin, the possible profit was also decreasing as we see more halving so the possible profit was just around x2 since its going to need a huge amount of money put into Bitcoin just to see that x2 happened.

Something new could easily happened we just doesn't know but my bet is still on the pattern, so the Bullrun is probably going to be around 2025, if that doesn't happened I would still plan to sell my Bitcoin whatever that market price is, or probably just sell a huge percentage of it to take profit.

[hatshepsut93]

It's very common for the price to drop a bit after the halvening because it's a sell the news event and the halvening was already priced it. Even more reason for this to happen this time, because the price went unprecedently high and established the ATH before the halvening ,which typically only happens after the halveing. So this correction is not a reason to panic, it's still very likely that the bull run will resume, and the recent recovery brings even more reasons that the bull run will return soon.

[Raflesia]

Being and investing in bitcoin is not like you eat chili immediately feels spicy or eat salt immediately feels salty friend because in the end we have to wait some time maybe even a few years to get the benefits that we expect.

Bitcoin is now experiencing a correction that is still a natural thing because we can see the previous bullish increase at the price of $15k-$71k it is a rapid increase so of course there must be a correction and the decline is not as severe as a few years ago because currently bitcoin is still stuck at $60k so there is no need to worry too much about it.

Halving doesn't mean bitcoin will shoot quickly to a higher price because everything takes time so we just need to enjoy the process so we don't feel burdened by it.

[letteredhub]

I have seen that after this Bitcoin halving, the price of Bitcoin has decreased a lot. As far as I know that after every halving the price of bitcoin increases exponentially and it increases about 3 to 4 times, but this time I saw that the price of bitcoin has decreased a lot after halving, but I have seen in several places that they say the price of bitcoin is halving. After that it will decrease a bit and then it will increase rapidly. As such, after checking the market today, I saw that After the fall in the price of Bitcoin, the price is slowly increasing again. Bitcoin price was below 57K three days ago and today Bitcoin price is $63,585.10. Does that mean we will see a Bitcoin bull market now? Or will it decrease again? What is your view on Bitcoin?

https://www.investopedia.com/articles/forex/121815/bitcoins-price-history.asp

Hey mate the bull run just doesn't immediately happen that way after the halving as you're thinking or as you were told by whosoever told you. I guess the person was wrong because it doesn't takes much interval of either months probably a year after year before the bull run to a new ATH. Check the image above about bitcoin halving history for more clarity. I hope that helps.

[STT]

We dont get to find out immediately after a few days, BTC is volatile and moves around alot. Its popular with traders but pretty confusing to predict and observe.   In sum total we have been going sideways but its destabilizing in that pattern and threatening to break downwards.   This much could have been guessed by our failure to move higher, disappointment and failed aspirations and since alot of speculators are in BTC; weakness is quite normal.

If you want a traffic light signal to watch, look at the 50 day average.  Its quite rapid but not literally a Richter graph it will give you a fair direction for travel with BTC.  We do have some decline in the 50DMA but if BTC price action can trade above this moving average and also the MA becomes positive then you have your positive trend in hand and definitely BTC will be positive at this point.  

Indecision until autumn is my approximate guess at the moment.  I think more of next year then 2024 but it could all come together, stay watching nobody knows absolutely.

[BABY SHOES]

I think there are still many people hoping that after halving bitcoin will be bullish but in reality the price has dropped, it's like new to bitcoin investment because what they see in the news after halving will be bullish, but for me it's not like that bitcoin journey after halving.

Are you going to think short term or long term? If long term never think about the price now you should still continue to buy in the current situation because for example if you target $100K it is still long enough, so it shouldn't matter when the price of bitcoin drops to $57K it could be our chance to buy again.

[Sebas.tian]

I don't think, we will see the bullish season now, because the price is still decreasing in the market for investors to get ready to purchase from the bearish season once it arrives which is the plan of many investors right now, because they have saved huge amounts of capital for the bearish season to come. I think, you know that the price of Bitcoin reached $75,231 this season before the market price began to change for holders to watch very well before they will know the next step to take from the market. Based on what am experiencing from the market right now, I think bearish season is about to happen before the bullish season will take place next two months because the price of Bitcoin will definitely reach $100,000 before the end of this year.

[Marvelman]

My favorite underdog flicks always seem to follow the same formula - our protagonist gets beaten down, things look grim, but then they manage to turn it all around for a heroic comeback.  I'm getting those same heroic vibes from this market dip and 

sure, the charts might look a little scary right now.  But I see this as just a short pit stop on the way to much bigger things.  Remember how fast things were climbing before? That crazy vertical line upward? To me that was just the market powering up Dragon Ball Z style, gathering strength before its next transformation.

Now we're in the quiet before the storm.  After this quick break to catch our breath, I expect an earth-shaking bull run to kick into high gear.

[kentrolla]

I don't think, we will see the bullish season now, because the price is still decreasing in the market for investors to get ready to purchase from the bearish season once it arrives which is the plan of many investors right now, because they have saved huge amounts of capital for the bearish season to come. I think, you know that the price of Bitcoin reached $75,231 this season before the market price began to change for holders to watch very well before they will know the next step to take from the market. Based on what am experiencing from the market right now, I think bearish season is about to happen before the bullish season will take place next two months because the price of Bitcoin will definitely reach $100,000 before the end of this year.

While I don't completely agree with your statement but es we should b prepared for both bull and near season, the expectations have been of bull run post halving not immediately though but somewhere the end of this year or mid next year. I don't think we may see any bearish trend now but rather we will see some fluctuations and market correction and cannot correlate it to bear market.

[blckhawk]

Don't look at it in the short-term, bitcoin will bounce back even higher, think of the negative things that are happening to the bitcoin market as a bowstring of a bow and bitcoin price is the arrow, the more intense the pull is going to be then the more higher that the arrow will shoot out and sometimes the bowstring pulling takes a long time to get release that some people don't want to see it anymore but that's the mistake because bitcoin always eventually pumps in prices no matter how much the negativity is going on for now. Bitcoin will continue to grow and there's not much those negative stuff can do about it, those will all be over in months and then bitcoin will recover, don't make the mistake of listening to fud spread by people who hate bitcoin, they're not going to get anything out of it and you'll lose everything when you listen to them.

[EarnOnVictor]

I have seen that after this Bitcoin halving, the price of Bitcoin has decreased a lot. As far as I know that after every halving the price of bitcoin increases exponentially and it increases about 3 to 4 times, but this time I saw that the price of bitcoin has decreased a lot after halving, but I have seen in several places that they say the price of bitcoin is halving.

This is a pure lie, go and check your Bitcoin chart very well, it has never been true that Bitcoin moved significantly higher shortly after all halving periods. Some bullish movements even took more than 4 months before they happened in some cases, so why then relate false claims to Bitcoin? You may check through the monthly chart to confirm this, and I've always warned people that halving is not an automatic tradition that will make the price of Bitcoin rise. The market did exactly what I expected, especially when it re-hit its former ATH of around $69,000 before this year's halving, I never expected a huge buying for months anymore. But now that it hit $56+k after the halving, it might have retraced well enough to warrant a steady rise afterwards. Just be patient and careful.

After that it will decrease a bit and then it will increase rapidly. As such, after checking the market today, I saw that After the fall in the price of Bitcoin, the price is slowly increasing again. Bitcoin price was below 57K three days ago and today Bitcoin price is $63,585.10. Does that mean we will see a Bitcoin bull market now? Or will it decrease again? What is your view on Bitcoin?

This is not the first time we will see the market falling and risng, so it's better you do not relate a serious relevance to this but to give it more time to study the market situation. What happened that made Bitcoin rise is not far-fetched and they are the 1. FED stance on Wednesday which was Dovish and 2. the Friday news that was all against the USD. However, such effect subsides over time, so if Bitcoin falls back, don't be surprised. Still, I suspect two scenarios, it is either the market sustain its bullish trend or slips to a siwdeways market.

[moneystery]

if you look at history, the price of bitcoin usually corrects after the halving and usually increases a few months later. just be patient to wait for this because the bull market will happen, because no one knows for sure when it will happen, so what you need is just to be patient until it happens.

[Kelward]

if you look at history, the price of bitcoin usually corrects after the halving and usually increases a few months later. just be patient to wait for this because the bull market will happen, because no one knows for sure when it will happen, so what you need is just to be patient until it happens.

A lot of investors have come into the crypto space and buying up Bitcoin, in the hope that after the halving, that bull run will start immediately and they'll begin to collect ROI, but in reality this is not so, bull run actually takes some months after halving. Although price took a dip that was quite lower than expected, but I think that these pump and dump on the short term is normal before bull run actually kicks in. The dip that we experienced was an opportunity for investors to stock their bags, because I'm speculating that soon price will begin a steady climb to bull run.

[YOSHIE]

What is going to happen with Bitcoin now?

As you can see and know right now, that's what is happening for Bitcoin, we know we have missed some of the speculation and predictions, where people endlessly speculated on Bitcoin before the halving happened, the entire crypto market is currently in the dark as to where it will go next.

For me, for now the only thing that can be done is short-term trading or wait and see developments for now, at least the end of this year, maybe we can make a decision when we enter 2025, whether we want to buy or sell, that's my opinion, what is clear is that everyone has a different understanding at this time, the best idea is ourselves in assessing Bitcoin's development.

Never mind that we, Bitcoin experts/investors, are currently confused by the crypto market, especially Bitcoin's future movements.

[Eternad]

Bitcoin price was below 57K three days ago and today Bitcoin price is $63,585.10. Does that mean we will see a Bitcoin bull market now? Or will it decrease again? What is your view on Bitcoin?

It's important to remember that trading can be a lucrative venture. While it's possible for history to repeat itself, we shouldn't ignore that there is also the possibility of a worst-case scenario - a massive sell-off. Those who make money through trading often fall into the trap of thinking that they can time the market perfectly. As a result, they may sell when retail investors are buying and buy when retail investors are selling, just because they set the trend for the price.

It's impossible to predict short-term price fluctuations for Bitcoin, but we can always think about its future prospects. Bitcoin's consistent price growth over the long term can serve as a reference for those who are looking to hold onto it for a while rather than trade on short term basis and confused on what’s the market next movement.