What is going to happen with Bitcoin now?

[G_Besar]

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?

If you think that after Bitcoin is halved the price will immediately rise to three or four times the current price, of course you also have to look at the price of Bitcoin before the halving occurs because this year Bitcoin reached a new ATH before the halving occurred. Meanwhile, in the previous halving period, Bitcoin reached ATH after being halved, which means that what happened this year in Bitcoin was completely different from the previous one.

So you just need not to worry about Bitcoin's condition for now because Bitcoin still has the potential to return to bullishness this year. Because the distance between the Bitcoin price decline from the highest price this year to the current Bitcoin price is not too far now, so you just need to be patient to see bullishness on Bitcoin.

[DanWalker]

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?

From what you said, I guess that you are new and do not intend to invest long term with bitcoin. You are just speculating with the mindset of hoping to make huge profits by buying bitcoin before the halving and will sell after the halving. Right? If so, you should prepare yourself for a bad scenario because it is very likely that we will not enter the bull season soon, we may have to wait another year, or even longer.

But if you are serious about investing in bitcoin and are willing to invest for the long term. You should take the time to learn everything about bitcoin instead of constantly asking when the bull market will come because no one knows when it will come.

[Gaza13]

Huh, you see or check the market every day. Are you panicked or afraid? Isn't it true that experiencing a decline is every investor's dream, right? Keep accumulating, friends. If you are panicked, don't invest in bitcoin, just save your money in the bank. You have to study and look at the track record of previous halvings. From there you can gain knowledge and estimate several months of previous bitcoin halvings. If you are confident in this asset, don't look at the price as it continues to accumulate or add to your assets every month.

[LogitechMouse]

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

I don't know if this is always the case but price of Bitcoin days after the halving event goes down for some reasons that I don't know.

Yes in the long run, price of Bitcoin increases, but I don't see it increasing 3 or 4 times from its past ATH. Maybe 2x is the most realistic price increase of Bitcoin. The correction that you saw is a completely normal scenario for Bitcoin, and there's nothing to worry about. I assume that you're panicking or at least getting afraid that you might see more losses in your current portfolio hence, you created this thread, right? It's good that the price of Bitcoin is starting to increase again after that huge decline.

Does that mean we will see a bull market now because we saw a price increase? I don't know it might, or it might not and we might see another price decrease again. My view on Bitcoin? Mid to long run, it will be bullish. I believe that we will enter the bull market a few weeks to months from now. As for you OP, don't be afraid if prices of crypto goes down and instead, take that opportunity to buy even more Bitcoin. Be patient as well because anytime, we might enter the bull market. Good Luck OP, and I hope you will maximize your profits when the bull run comes.

[lixer]

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?

Nothing is always the same, things change and so does the crypto market. As you know every time after the halving, the market goes up rapidly but this time nothing like that happened instead of going up the market went down and now it is slowly going up again. I don't think anyone can say that Bitcoin will go up continuously, it is also possible to go down again from 64k, 65k to 58k,57k and then go up or even 74k,75k is possible.

Everyone else including me here can only give their opinion and only make predictions no one knows exactly what can happen in the future. It is said that one should hope for the best, so everyone is optimistic that Bitcoin will go up a lot and by the end of this year, BTC will touch 100k, but this is also a prediction and speculation. Maybe nothing more than that only time will tell whether the market will actually go up or down and what direction Bitcoin's movement will take.

[Out of mind]

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?

The price of Bitcoin has declined somewhat compared to its recent rise, from $73,000 to $64,000 today. And you may not know that since Bitcoin has halved and the market after halving is somewhat volatile. After the bitcoin market halved the market decreased a bit, but relatively I think it is still very high and if you look at the history of the last half then you can definitely see that currently the position of bitcoin is very good. At the highs the bitcoin market is at right now if it continues like this during the bull season then the bitcoin market is definitely going to touch $150k and there is a possibility of a maximum ATH. However, since the Bitcoin market is currently at a high level, I think the Bitcoin market may go down a bit more, and then it is likely to rise. And we know that by the end of 2024 the price of Bitcoin will increase and from then we will see a bull market trend and the market will be very bullish. According to my view the future of bitcoin is going to be more bright, and it is very transparent as we know that bitcoin halved a few days ago and that definitely made it more attractive to investors. Since the Bitcoin halving, the demand for Bitcoin has increased a lot worldwide, and we can expect to reach a peak in 2025.

[mich]

Well we are going to see some big gains before the year is over. We are now seeing more mass adoption of crypto and with spot etfs it will be a big year for us.
There is alot of 'bullish' news now that does make me think this. Michael Saylor's Microstrategy does now have more Bitcoin then any country in the world. This number is 214,400 and it is worth $13.6 Billion.
https://www.nasdaq.com/articles/microstrategy-bitcoin-btc-holdings-hits-$13.6-billion-after-latest-purchase

[GeorgeJohn]

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?

that is why always Lament that the price of bitcoin is unpredictable, halving is not a guarantee bitcoin price most changes in shape, that's what some of us don't know when it come to bitcoin, I know quite well that bitcoin price is something that have its move and when you check very well you will notice that before halving bitcoin price is already dropping in the market, so right now bitcoin have started retracing and I believe that it might hit to seventy thousand [70k] from my perspective bitcoin price is been determined by the gravity of the demand.

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.

we have never experienced bullrun since the halving, I think the market is still on correction in which their is symptoms of positivity in the market as we may see, I believe that bitcoin price of bitcoin is something that is unpredictable as I portray in the paragraph above, so I know very well that comparing the price bitcoin today and tomorrow it will not give you exactly what you needed because price of bitcoin is not constant and its unpredictable...

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.

In normal circumstances in bitcoin investment you have to be patient whenever it comes to bitcoin investment, so I believe that bitcoin when you invest on it you don't need to be curious over its investment, and I know that if you want to invest don't invest at a point the price is going high because their is every possibility that the price may drop unexpectedly, and mostly people who invest in Bitcoin  due like to invest when the price is high.

[bitterguy28]

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?

is that a lot? have you also observed the price of bitcoin before the halving? in which supposedly dumping but it did not instead it grows even higher so what are you seeing now is just a part of what seems to be the normal movement of bitcoin when there is a halving coming and indeed that now we have recovered and maybe from this point we will see a growing market this may and forward.

[el kaka22]

What could be the most optimistic thing and most pessimistic thing we can think of? That's the range, that is at least the technical range. I believe that we are going to go higher, but I am not sure how long it will take, I believe that we are going to go higher this month, like to 70k to 80k range, between those prices, and I believe that most of the summer we are going to be between those ranges, maybe it could be a little lower or little higher but it will stay there. After that, we could start to see it doing a lot better, and wouldn't be that weird.

I know that things are not always that great for bitcoin, sometimes we do very well and sometimes we do horrible so it is not really that weird to think it could go down too, but I do not think that it will happen now.

[Jegileman]

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?

Nobody can tell if this move we are experiencing now will push the bitcoin to a bull state, it’s all speculations until it happens. To some, this could still be corrections and not really the bull run we are expecting so it’ll be okay if you stop worrying too much on when the market will be on the bull state and have an uptrend trajectory movement towards a new all-time high price. Bitcoin is still not yet reached the all time high it is currently since after the halving. A new all time high was hit prior to halving which in this case was different and surprising to a lot of people. Prior to that same halving, it went down rapidly to follow the trend it has always being on before at every halving. So we can say that the market is now on the right path and will experience a normal movement as usual henceforth. The date of the bull run can’t be known, it can only continue to be speculated.

[Tmoonz]

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?

From 57k to 63k is already an obvious bull run but however, instead putting much energy in worrying about whether it will decrease or increase it is better will put such energy in considering how of Bitcoin do we have in our bags because the ups and downs movements of Bitcoin is more like a factor, culture and custom of Bitcoin which is volatility, while considering Bitcoin as a volatile asset no can actually tell how much of the bullishness or bearishness it is going to become, our focused should be more of accumulating more of Bitcoin through dca strategy either weekly or monthly according to your financial ability in order to have a sizeable worth of Bitcoin up to a reasonable amount as we holds for long term.

[Mahanton]

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?

From 57k to 63k is already an obvious bull run but however, instead putting much energy in worrying about whether it will decrease or increase it is better will put such energy in considering how of Bitcoin do we have in our bags because the ups and downs movements of Bitcoin is more like a factor, culture and custom of Bitcoin which is volatility, while considering Bitcoin as a volatile asset no can actually tell how much of the bullishness or bearishness it is going to become, our focused should be more of accumulating more of Bitcoin through dca strategy either weekly or monthly according to your financial ability in order to have a sizeable worth of Bitcoin up to a reasonable amount as we holds for long term.

$5k-10k movement in a day? This isnt something that you can call it a bull run but rather this is really just that an ordinary day here in crypto space. It is really just that people are really that too optimistic on things on which on the time that they do see these kind of jumps and someone whose really that new into this market will really be having that kind of impression that this might be the bull run that they are looking. We are still on post halving period on which anytime there would really be that bull run kick in but no one really knows on when it would happen until its there. We can really say that bull run had started if we are starting to see that ATH
been break after break and this is something that would inevitably happen in upcoming months or years on which of course no one really know on when.

Thing here is that you do secure yourself at the bottom and made out some accumulation while the prices now arent that still too high or expensive on which its not really just that
limited on Bitcoin itself but also in other options as well like other altcoins in the market.

[Bd officer]

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 heard wrong, yes it is true that bull run starts after halving is complete but one should not expect so soon. Do you know about Bullran after the halving in 2020? If you look at the history of halvings that happened in 2020, you will see that the halving happened in 2020. But in late 2020 the bull run started and in 2021 Bitcoin peaked at 69k. So you can expect the upcoming bull run to start later this year. Many expect Bitcoin to hit 100k-150k in 2025. However, no one can accurately predict Bitcoin.

[Strongkored]

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?

Actually, what is more important in my opinion is how to prepare yourself to see the price of Bitcoin rise higher by continuing to accumulate it now, because I am quite sure that in the next few months, the price will start to rise and will even form a new ATH several times.
Many people are afraid to buy because the price of Bitcoin goes up because they think the price will soon go down. Likewise, when it goes down, they are afraid to buy because they think the price will continue to fall, so they lose the opportunity and just become spectators without being able to get any benefits because when Bitcoin goes up, they don't have even a very small amount of Bitcoin.

[Oasisman]

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?

Too early. If you look at how bitcoin were moving from the past 3 halvings, It did not make any bullrun right after the halving have concluded. It took several months before it made another bullrun and hit another ATH. So, I would say, we should wait for like 5-8 months and that's approximately between the 4th quarter of 2024 or early in 2025. Though it is not guaranteed, but bitcoin would always make another run, it's just a matter of time since a lot of people have been anticipating and very optimistic about the 6 digit figure.
Don't get surprised if bitcoin will have another decline that would cause it to drop below $60k, because that only means it has given us another chance to accumulate more to maximize our potential profit when bitcoin make another run for the new ATH.

[Justbillywitt]

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?

Nobody can tell if this move we are experiencing now will push the bitcoin to a bull state, it’s all speculations until it happens. To some, this could still be corrections and not really the bull run we are expecting so it’ll be okay if you stop worrying too much on when the market will be on the bull state and have an uptrend trajectory movement towards a new all-time high price. Bitcoin is still not yet reached the all time high it is currently since after the halving. A new all time high was hit prior to halving which in this case was different and surprising to a lot of people. Prior to that same halving, it went down rapidly to follow the trend it has always being on before at every halving. So we can say that the market is now on the right path and will experience a normal movement as usual henceforth. The date of the bull run can’t be known, it can only continue to be speculated.

We are still going to experience one more major correction in bitcoin pricing before the bullrun finally sets in. The market will experience this correction and there every possibility that bitcoin will get to the region of $55k or lower than that. What we saw prior to the halving that took bitcoin to around $73k was a result of the bitcoin ETF approval from sec. The main bullrun will surely shot bitcoin far above the $73k and that's going to happen. Yes the date of the bullrun arrival is unknown, but usually 6 months to 1 year post halving is when we are expecting the bullrun to start, but the particular date it will start is unknown to mankind.

[shinratensei_]

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?

though in reality the price never increase just immediately after halving i mean if its early days of bitcoin indeed it happen if i remember correctly but from my observation even previous bullrun the price doesn't go up immediately, you need to be patience if you trying to wait for price go to up.

meanwhile if you are at loss after buying bitcoin after halving which quite opposite to your expectation that the price is declining instead, just know that its just probably a temporary thing, price might recover, and as of now its already recovering so there's no worry but again you should make analysis based on the historical price chart and figure out the pattern.
otherwise you will be afraid at every price swing that happened to bitcoin.

holding bitcoin as far as I know require diamond hands, even when price declining you need to be sure that you are investing in a coin that gonna hits new all time high.

[FinneysTrueVision]

The halving was less than 3 weeks ago. I don’t expect Bitcoin to reach a new all time high in such a short amount of time. Bitcoin had already been really bullish for many months and at some point we were going to see a price correction.

We are also seeing constant government attacks on crypto, which will have a negative impact on investor sentiment. If you don’t think regulation has an effect on price, just look at Monero. Bitcoin will recover, but we shouldn’t expect an immediate pump when there are so many factors to consider.

[Nothingtodo]

Bitcoin market will not increase suddenly after Bitcoin halving but in this case you have to wait for minimum one year then you will see the effect of Bitcoin halving on Bitcoin market.  Only Bitcoin halving is finished and we have to wait till 2025 minimum.  Looking at past halvings, it is clear that the Bitcoin market has seen growth in the years following a Bitcoin halving.