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davis196
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May 09, 2024, 11:07:19 AM
 #41

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 market is volatile, the BTC price could go up and down by 5-10%. I expect a short term bear market during the summer.
Historically speaking, the summer isn't the most bullish season for BTC. Maybe there will be price pump by the end of the year or the first quarter of 2025. All the conditions for a bull market are about to be met. The USA keeps printing money. The conflicts in Ukraine and Gaza might come to end(after Trump becomes president, but who knows?), there isn't any major FUD against Bitcoin right now.
I'm sad that I've missed the opportunity to sell more BTC at a price above sixty thousand dollars. Maybe next week, the BTC price will drop bellow sixty thousand and it will stay there for several months.

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May 09, 2024, 08:15:09 PM
 #42

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.

People want to see the instantaneous upshots of halving but they don't remember to check out the after effects of halving in previously occurring halving so if they have any idea about the past then they will not rush towards success and will not sell their Bitcoin due to fear of loss.

Those who know better about the crypto market are calm now and some of them are gathering more Bitcoin in order to achieve their dreamed profit in 2025. I think if you have to wait till now then waiting for some more months is not hard therefore continue your holding surely you will be moneyed in 2025.



 

 

 

 

 

 


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May 09, 2024, 09:43:30 PM
 #43

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 market is volatile, the BTC price could go up and down by 5-10%. I expect a short term bear market during the summer.
Historically speaking, the summer isn't the most bullish season for BTC. Maybe there will be price pump by the end of the year or the first quarter of 2025. All the conditions for a bull market are about to be met. The USA keeps printing money. The conflicts in Ukraine and Gaza might come to end(after Trump becomes president, but who knows?), there isn't any major FUD against Bitcoin right now.
I'm sad that I've missed the opportunity to sell more BTC at a price above sixty thousand dollars. Maybe next week, the BTC price will drop bellow sixty thousand and it will stay there for several months.
I guess it’s not all the time history repeats itself, and this currently done halving is a living proof to that. And add to that the high volatility of bitcoin, of course we can’t completely expect that bitcoin won’t drop its price, but at least we all know it will always recover after every drop.

The market gets more unpredictable these days, and it’s always will. The reason why we have to be more patient these days, so that we won’t end up panic selling, and we won’t be seeing ourselves losing in bitcoin most especially that the final bull run is approaching.

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May 10, 2024, 05:32:22 AM
 #44

The market is volatile, the BTC price could go up and down by 5-10%. I expect a short term bear market during the summer.
Historically speaking, the summer isn't the most bullish season for BTC. Maybe there will be price pump by the end of the year or the first quarter of 2025. All the conditions for a bull market are about to be met. The USA keeps printing money. The conflicts in Ukraine and Gaza might come to end(after Trump becomes president, but who knows?), there isn't any major FUD against Bitcoin right now.
I'm sad that I've missed the opportunity to sell more BTC at a price above sixty thousand dollars. Maybe next week, the BTC price will drop bellow sixty thousand and it will stay there for several months.
I think 5-10% movement is not really that big, in the world of crypto we could go up or down that much daily and wouldn't really be a shock. I do however think that we are going to end up with something much worse if we are not careful, because dropping 20-30% is not impossible in the crypto world as well and it takes a bit longer for that to happen.

However, a good increase to over 70k and breaking the all time high again doesn't seem like it would be unlikely to me, it feels like it could very well happen. It does not mean that it will happen for sure but it wouldn't be impossible anyhow. I personally believe that we are going to end up with making some money during this month and then during the summer we could maybe stay around the same or a bit lower not big. We should do fine until the end of the summer and then start going up super high.

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May 10, 2024, 07:42:40 AM
 #45

I have seen that after this Bitcoin halving, the price of Bitcoin has decreased a lot.
Do you want Bitcoin to continue to rise and never go down? If that is what is desired, then it will never happen given the normal ups and downs of movement.
The price after the halving is like the current market price is boring, but we will enter a new price history which will be the highest price above $100k.
Before the halving, Bitcoin had several times reached prices that exceeded the previous ATH. If you compare Bitcoin's current price of $63k with the price before the halving, I think the current conditions are still good.

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May 10, 2024, 10:10:17 AM
 #46

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 market is volatile, the BTC price could go up and down by 5-10%. I expect a short term bear market during the summer.
Historically speaking, the summer isn't the most bullish season for BTC. Maybe there will be price pump by the end of the year or the first quarter of 2025. All the conditions for a bull market are about to be met. The USA keeps printing money. The conflicts in Ukraine and Gaza might come to end(after Trump becomes president, but who knows?), there isn't any major FUD against Bitcoin right now.
I'm sad that I've missed the opportunity to sell more BTC at a price above sixty thousand dollars. Maybe next week, the BTC price will drop bellow sixty thousand and it will stay there for several months.
I guess it’s not all the time history repeats itself, and this currently done halving is a living proof to that. And add to that the high volatility of bitcoin, of course we can’t completely expect that bitcoin won’t drop its price, but at least we all know it will always recover after every drop.

The market gets more unpredictable these days, and it’s always will. The reason why we have to be more patient these days, so that we won’t end up panic selling, and we won’t be seeing ourselves losing in bitcoin most especially that the final bull run is approaching.

Besides bitcoin hitting its ATH before halving due to the impact of bitcoin ETFs, I think history is repeating itself again. The bull season will not come immediately when the halving ends, we need from 6 months to 1 year for the bull season to really come and the fourth quarter of this year is the perfect time.

The market is still the same, it's just that investor psychology is changing, I also made the mistake of expecting too much from the impact of the ETF. But looking back now, I see that history is still repeating itself. After the halving, it will be a pretty boring time for the market before the bull season comes.

A lot of newbies expressed the same disappointment as OP that there wasn't any price increase after the halving. But if they are not speculators and do not intend to get rich quickly, then a bitcoin correction is always a good opportunity, not a time of panic and dumping.

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May 10, 2024, 10:58:23 AM
 #47

According to experts when there is a climate change in the world many things change in the world and things are not like before again. And yes everyone was saying that bitcoin price will rise after the halving but the price of bitcoin rise before the halving and it hit the All Time High twice before the halving so some scholars came again to say thY bitcoin has hit it All Time High before the halving therefore it will not come again after the halving but we still have the hope that bitcoin will hit $100k to reach the All Time High in the season.

So we're all waiting the $100k all time high.

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May 10, 2024, 11:18:50 AM
 #48

Bitcoin prices will rise again but we have to be patient to wait. Currently, the price of Bitcoin is gathering strength to rise higher. Many people predict Bitcoin's highest price may be above $100k-$150k, which could happen this year or next.

I think the price will start to move up after the middle of this year. But maybe Bitcoin still hasn't started to rise quickly but can rise slowly so that many people don't realize it. Whatever it is, we can only prepare to welcome its arrival.

Bitcoin bull run is coming. We just need to prepare ourselves well to get a good moment to sell Bitcoin at a high price. The current correction persists, and who knows how long it will end. But we are at the end of a weekend when Bitcoin is experiencing its usual correction.



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May 10, 2024, 03:20:24 PM
 #49

Bitcoin prices will rise again but we have to be patient to wait. Currently, the price of Bitcoin is gathering strength to rise higher. Many people predict Bitcoin's highest price may be above $100k-$150k, which could happen this year or next.

I think the price will start to move up after the middle of this year. But maybe Bitcoin still hasn't started to rise quickly but can rise slowly so that many people don't realize it. Whatever it is, we can only prepare to welcome its arrival.

Bitcoin bull run is coming. We just need to prepare ourselves well to get a good moment to sell Bitcoin at a high price. The current correction persists, and who knows how long it will end. But we are at the end of a weekend when Bitcoin is experiencing its usual correction.

In the medium to long term, bitcoin price will definitely increase and bull season will come but the question is how many people can wait until that happens? And I think there won't be too many people who can wait until the bull season because most just want to get rich quickly from bitcoin. Many people only invest in bitcoin because they think that once the halving happens, bitcoin will immediately increase in price and OP is one of them. But things have not gone as they expected, and if this situation lasts or bitcoin continues to correct, I think it will not be surprising that they will soon sell bitcoin and leave the market.

After 2 days of bitcoin recovering and moving to $63$, currently bitcoin continues to correct just because of some war news. War news is just an excuse and market makers take advantage of this news to continue tormenting the psychology of holders, so it is inevitable that many people will be depressed and disappointed. These are not going away anytime soon and more people will sell their bitcoins before the real bull season arrives.

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May 10, 2024, 04:34:36 PM
 #50

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.
Of course, some pattern was observed in past bitcoin halvings, but the BTC-system can't always remain unchanged and all events can't occur according to the same scenario. Now completely different money is circulating in this area and completely different investors (institutional) are interested in the future of bitcoin. Even this halving (a little earlier) demonstrated its certain exclusivity, namely, bitcoin reached a new ATH even before the halving itself, which had never happened before. This suggests that subsequent events may develop at a completely different pace than expected. Therefore, it can be assumed that the bullish growth is possible earlier than "either during last quarter this year's or mid next year".

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May 10, 2024, 05:11:51 PM
 #51

I have seen that after this Bitcoin halving, the price of Bitcoin has decreased a lot.
Do you want Bitcoin to continue to rise and never go down? If that is what is desired, then it will never happen given the normal ups and downs of movement.
The price after the halving is like the current market price is boring, but we will enter a new price history which will be the highest price above $100k.
Before the halving, Bitcoin had several times reached prices that exceeded the previous ATH. If you compare Bitcoin's current price of $63k with the price before the halving, I think the current conditions are still good.
yes that's right, the point is that a correction in the structure of the market is a natural thing in an investment asset, it shows that the market is moving healthily, it is different if an asset continues to increase, we need to question it and also need to be suspicious, even gold itself which has a value that continues to rise slowly sometimes corrects to form a market structure.

Maybe if we look at the weekly or monthly time frame we can see a bigger out look in seeing the price movement of bitcoin, for sure we have passed the highest ATH limit in 2021, and now we are forming support to continue the increase after the formation of a new ATH, this could potentially go up before 2025, or we will finish it in 2025.

Patience is the key to investing, but continue DCA or collecting bitcoins slowly on every dip.

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May 10, 2024, 08:10:59 PM
 #52

One thing we have to understand is that there were people that was waiting for the halving to come before they started accumulation, Currently I believe what is going on with Bitcoin price, is people are positioning and repositioning themselves getting ready for the market,  And let's not forget that there were these investors that got trapped at 69k during the last bull market who thought then the price was headed to 100k, so I kind think they're the people that took profits and probably some of them that didn't exist totally are buying at bit lower prices than the price they bought before, I believe soon the momentum we are waiting for will soon take off on Bitcoin and we will begin to see incredible price increase the coming weeks and months.

R


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May 10, 2024, 08:13:09 PM
 #53

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 wanna know why numba go up one day and numba go down the next?
just follow this and you'll know why:
https://sosovalue.xyz/assets/us-btc-spot

no need to be a brain surgeon to understand.
etfs inflows = green day
etfs outflows = red day
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May 10, 2024, 08:58:14 PM
 #54

One thing we have to understand is that there were people that was waiting for the halving to come before they started accumulation, Currently I believe what is going on with Bitcoin price, is people are positioning and repositioning themselves getting ready for the market,  And let's not forget that there were these investors that got trapped at 69k during the last bull market who thought then the price was headed to 100k, so I kind think they're the people that took profits and probably some of them that didn't exist totally are buying at bit lower prices than the price they bought before, I believe soon the momentum we are waiting for will soon take off on Bitcoin and we will begin to see incredible price increase the coming weeks and months.

But that is wrong mindset though, accumulation should start before the halving, at least for smart investors that where they got their big profits. However, everyone here has a good plan until it didn't work, just saying. And looking at the price right now, it seems that we another dip <$60k and probably it was about the news on SECs regulatory crackdown. And with this, for sure there will be some investors here, maybe a beginning, who doesn't like what they are seeing and then maybe think of selling for a loss. But the best thing is that this is another opportunity for us to accumulate as this is a dip again and we should take advantage and should look at the bigger picture.

R


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May 10, 2024, 09:02:19 PM
 #55

no need to be a brain surgeon to understand.
etfs inflows = green day
etfs outflows = red day
ETF's sure has a big influence on the price of bitcoin, but like we have been saying in this forum, usually it isn't only one event that is responsible for bitcoins price movement. There could be other factors as to why bitcoin is yet to break the $70k resistance, but is almost below $60 right now. That being said, it is inevitable for the price of bitcoin to pump to above $100k, but it would not happen overnight like a lot of people expect it to, there'd be corrections in price like this, but one has to keep hodling their coins.



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goaldigger
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May 10, 2024, 09:33:03 PM
 #56

One thing we have to understand is that there were people that was waiting for the halving to come before they started accumulation, Currently I believe what is going on with Bitcoin price, is people are positioning and repositioning themselves getting ready for the market,  And let's not forget that there were these investors that got trapped at 69k during the last bull market who thought then the price was headed to 100k, so I kind think they're the people that took profits and probably some of them that didn't exist totally are buying at bit lower prices than the price they bought before, I believe soon the momentum we are waiting for will soon take off on Bitcoin and we will begin to see incredible price increase the coming weeks and months.
Many are waiting for their target to be hit before making any action, its either they will buy or sell it will depend on their strategy.
We are still in the accumulation phase and that's why Bitcoin didn't drop that much, what i can see is a healthy position for Bitcoin and any moment we might see the real bull trend which I believe, we have to be more prepared. Start accumulating as well, the target is still intact at $100k and there's still a chance for this one.

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serjent05
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May 10, 2024, 09:47:48 PM
 #57

Bitcoin prices will rise again but we have to be patient to wait. Currently, the price of Bitcoin is gathering strength to rise higher. Many people predict Bitcoin's highest price may be above $100k-$150k, which could happen this year or next.

I think the price will start to move up after the middle of this year. But maybe Bitcoin still hasn't started to rise quickly but can rise slowly so that many people don't realize it. Whatever it is, we can only prepare to welcome its arrival.

It is highly possible since there is still a month or two before that happen.  By that time, it is possible that whales had completed their accumulation and may possibly turn on the switch to hype the Bitcoin market.

Bitcoin bull run is coming. We just need to prepare ourselves well to get a good moment to sell Bitcoin at a high price. The current correction persists, and who knows how long it will end. But we are at the end of a weekend when Bitcoin is experiencing its usual correction.

Well, we should not worried about how long the dip will stay, rather, we should be happy that we can buy Bitcoin at a lower price before the expected Bitcoin bull run comes.


After 2 days of bitcoin recovering and moving to $63$, currently bitcoin continues to correct just because of some war news. War news is just an excuse and market makers take advantage of this news to continue tormenting the psychology of holders, so it is inevitable that many people will be depressed and disappointed. These are not going away anytime soon and more people will sell their bitcoins before the real bull season arrives.

I do not know about the war news affecting the Bitcoin market, since I believe this war news is somehow independent on the Bitcoin market and the war is yet to happen, but regardless of what we think, it is clear that Bitcoin has a possibility of going below $60k since it was said that the strongest bid liquidity is in around $58k[1]



[1] https://cointelegraph.com/news/bitcoin-lacks-60k-btc-price-nears-100m-liquidity-zone

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Russlenat
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May 10, 2024, 10:56:23 PM
 #58

I have seen that after this Bitcoin halving, the price of Bitcoin has decreased a lot.
Do you want Bitcoin to continue to rise and never go down? If that is what is desired, then it will never happen given the normal ups and downs of movement.
The price after the halving is like the current market price is boring, but we will enter a new price history which will be the highest price above $100k.
Before the halving, Bitcoin had several times reached prices that exceeded the previous ATH. If you compare Bitcoin's current price of $63k with the price before the halving, I think the current conditions are still good.
Bitcoin is highly volatile so expect that it will never stay in a fixed price but will continue to fluctuate from time to time. I think that’s more than an asset for bitcoin that keeps the people from entering the market. So don’t put too much worries while seeing bitcoin price at a decreased price, it will eventually recover in time and even hit another price increase. Just be patient and learn to understand the nature of bitcoin. If you are in rush to get quick profits, then obviously you will fail on that as based on what I see, it may take couple of months first before we will see a good price increase.

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rodskee
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May 11, 2024, 02:10:08 AM
 #59

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?
Bitcoin is still strong mate standing now at 60k and above and I believe this is enough to not call bitcoin
decreasing a lot because its not , bitcoin is still in the  highest form so i believe that what will happen is much
better in the coming days or at least months from now?
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 wanna know why numba go up one day and numba go down the next?
just follow this and you'll know why:
https://sosovalue.xyz/assets/us-btc-spot

no need to be a brain surgeon to understand.
etfs inflows = green day
etfs outflows = red day
simple answer but more than enough to stop the panicking and to understand what is going on now.

YUriy1991
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May 11, 2024, 04:11:10 AM
 #60

Bitcoin is still strong mate standing now at 60k and above and I believe this is enough to not call bitcoin
decreasing a lot because its not , bitcoin is still in the  highest form so i believe that what will happen is much
better in the coming days or at least months from now?

True. Still quite safe and still very good price, but for those who are not used to (beginners) with this market correction is also enough to make them bored and of course boredom will be born in their minds in waiting for price increases, especially the more purchased the price decreases.

you wanna know why numba go up one day and numba go down the next?
just follow this and you'll know why:
https://sosovalue.xyz/assets/us-btc-spot

And it's a good reference to look at and read as well. Many items are smelly to look at.

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