aylabadia05
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May 11, 2024, 07:14:04 AM |
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<snip>
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. We who choose to become a holder of many benefits from various circumstances and long -term investors will not face a panic situation when they see market conditions even though they can only speculate on weekly and monthly prices. When people are in market conditions that are considered to have decreased after Halving, they forgot that before Halving occurred several times Bitcoin had passed the previous ATH. Yes. The current position of the market is looking for new support to reach strong bullish. May occur in 2025. Patience is the key to investing, but continue DCA or collecting bitcoins slowly on every dip. Yes. DCA has always been the recommended method for collecting Bitcoin consistently.
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fuguebtc
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May 11, 2024, 01:56:00 PM |
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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.Yeah, I still don't see anything too serious happening, although bitcoin has corrected in the past 1 month, the bitcoin price is still high and not too far from the ATH it created before. As a bitcoin investor, we all know that bitcoin is very volatile and compared to previous dumps, this correction is small, insignificant. But I don't understand why the OP thinks it's serious. I guess before investing, OP did not carefully learn about the history and volatility of bitcoin and he mistakenly thought that the bull season would come immediately after the halving. Currently, he is feeling disappointed and depressed because things are not going as he thought. But whatever, OP, we are getting very close to bull season, I hope you can get through this period, don't give up now if you don't want to regret it later.
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Adbitco
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May 11, 2024, 11:24:04 PM |
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Yeah, I still don't see anything too serious happening, although bitcoin has corrected in the past 1 month, the bitcoin price is still high and not too far from the ATH it created before. As a bitcoin investor, we all know that bitcoin is very volatile and compared to previous dumps, this correction is small, insignificant. But I don't understand why the OP thinks it's serious.
I guess before investing, OP did not carefully learn about the history and volatility of bitcoin and he mistakenly thought that the bull season would come immediately after the halving. Currently, he is feeling disappointed and depressed because things are not going as he thought.
But whatever, OP, we are getting very close to bull season, I hope you can get through this period, don't give up now if you don't want to regret it later.
I don't think is normal for someone to just invest in bitcoin before halving and expect to make serious profits after halving because bitcoin is not a ponzi scheme where someone could invest and expect 10x of it within few month or for just the first month of their investment. As an investor he must learned to be patient and wait till the we gradually sink into the bull run, then could sell as he wishes if he is not holding for long term other than short term. Most time people who invest in short term always feels disappointed towards the overall performance of bitcoin.
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STT
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May 11, 2024, 11:49:57 PM |
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Until BTC breaks its boundaries its sitting there, just idling kicking its legs floating. At most we get BTC moving from one end of the range to the other but its repeating this continually without new action. This makes us all guessing till it can do something new, I do guess positively but I will only commit to that on the long term view otherwise known as year to year. So by my reckoning we can sit at this price or nearby till year end in fact I predicted that in Jan as my general guess, we did rise rapidly after Jan but its showing its roots and stalling right now; in my view BTC is acting as it should.
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X-ray
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May 12, 2024, 12:11:49 AM |
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you don't expect much at Q2 of this year its just gonna be price swing all the year around but its also gonna be a great way or time to accumulate the coin that you are trying to invest though.
the price always doing some zig zag, between sub $60k and above $60k but this also means that the price recovery is obvious at the slightest good market news the price already recovering back. this could also be sign that market is still bullish otherwise if its bearish price would've decreased so much probably we gonna see massive price dumping. but right now it doesn't seem to be the case though, current price isn't decreasing a lot and the selling orders aren't really that much. so there's nothing to worry about, the market is still well, just waiting the right moment.
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Essential10
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May 12, 2024, 01:08:35 AM |
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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?
I didn't feel like the price had dropped much. Bitcoin rose to an all-time high of $73k before the halving and then fell slightly after the halving. After halving the value will increase but not so fast where it becomes 3-4 times, Bitcoin is always a long term investment and long term investment where Bitcoin investment has to be held for a long time because the value increases slowly. It may take several more years for prices to rise to 3-4 from the current market, but it's never too soon. After the halving Bitcoin price was mostly above $60k, we saw a short period of Bitcoin price at $57k. Now I think those who invested in Bitcoin should hold on to it and plan to reinvest I don't think it's wrong. I am optimistic that very soon we will gradually enter a bull market where the Bitcoin price will enter new highs.
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beerlover
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May 12, 2024, 08:55:21 AM |
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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.
That is true, we are going to see the rise around the late of this year. I am sensing about November should be the small start, there will be a small bull, then on December it will be even bigger bull and then we are going to see just insane increases without a doubt, things that we can't even imagine. like for example I say 100k but I am sure that if 200k happens I would definitely be shocked and yet still can't say it would be unexpected, we need to make sure that we are going to do fine in the end. We can't keep thinking that things will go worse, we need to realize that we are going to end up with something good in the end. So, just realize that things aren't always that great for people who sell and not wait, because we will go up for sure.
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aylabadia05
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May 12, 2024, 11:05:51 AM |
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<snip> If you compare Bitcoin's current price of $63k with the price before the halving, I think the current conditions are still good.
Yeah, I still don't see anything too serious happening, although bitcoin has corrected in the past 1 month, the bitcoin price is still high and not too far from the ATH it created before. As a bitcoin investor, we all know that bitcoin is very volatile and compared to previous dumps, this correction is small, insignificant. But I don't understand why the OP thinks it's serious. Only patience brings "success" in becoming a Bitcoin investor. Historical Bitcoin price data can be seen how Bitcoin has gone through it from the first time until now. Except we can't find out what Bitcoin's price history is every year. The OP is not completely wrong. It could be that OP doesn't fully understand how the market, especially Bitcoin, performed both before and after the halving.
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bangjoe
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May 12, 2024, 12:58:56 PM |
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<snip>
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. We who choose to become a holder of many benefits from various circumstances and long -term investors will not face a panic situation when they see market conditions even though they can only speculate on weekly and monthly prices. When people are in market conditions that are considered to have decreased after Halving, they forgot that before Halving occurred several times Bitcoin had passed the previous ATH. Yes. The current position of the market is looking for new support to reach strong bullish. May occur in 2025. Patience is the key to investing, but continue DCA or collecting bitcoins slowly on every dip. Yes. DCA has always been the recommended method for collecting Bitcoin consistently. Yes, usually people who say that why is bitcoin different this time, after halving there is even a decline, basically every cycle does not run the same, or move the same as the previous time, but bitcoin repeats a new ATH every cycle even though it is not on the same day, month or hour as the previous year, many people are mistaken with the sentence so they don't understand how to respond to the reality of the bitcoin cycle. yes we have experienced a much better increase starting from the beginning of this know, if we are people who save from the beginning of 2022, corrections like this are not a big problem and of course we will not feel panic with market movements that are quite volatile, it's just that some people don't understand the characteristics of the bitcoin market that make the impression on bitcoin bad.
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Don Pedro Dinero
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May 12, 2024, 01:52:29 PM |
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The price is likely to rise in the remainder of the year to over $100,000, so there is no need to be nervous or despair when there are downturns. Yes, usually people who say that why is bitcoin different this time, after halving there is even a decline, basically every cycle does not run the same, or move the same as the previous time, but bitcoin repeats a new ATH every cycle even though it is not on the same day, month or hour as the previous year, many people are mistaken with the sentence so they don't understand how to respond to the reality of the bitcoin cycle.
The fact is that we cannot be entirely sure what will happen, although based on past cycles we can get an idea of what is most likely to happen. Therefore it is best not to despair, we are at normal price levels that are in line with previous cycles.
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_BlackStar
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May 12, 2024, 09:45:46 PM |
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-snip-
I don't think is normal for someone to just invest in bitcoin before halving and expect to make serious profits after halving because bitcoin is not a ponzi scheme where someone could invest and expect 10x of it within few month or for just the first month of their investment. As an investor he must learned to be patient and wait till the we gradually sink into the bull run, then could sell as he wishes if he is not holding for long term other than short term. Most time people who invest in short term always feels disappointed towards the overall performance of bitcoin. It is impossible to expect 10x profits in a few months from investing in bitcoin - it is a dream that never comes true. Many early investors make huge profits after they hold bitcoin for a few years - while new investors only expect to get it in a few months, which is clearly bullshit. Futures trading may be useful for those with big ambition - but the risk of futures trading is losing all your money when the market fluctuates rapidly. The higher the leverage set, the higher the risk of loss - so this is not the best investment advice for anyone.
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Adbitco
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May 12, 2024, 10:08:28 PM |
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-snip-
I don't think is normal for someone to just invest in bitcoin before halving and expect to make serious profits after halving because bitcoin is not a ponzi scheme where someone could invest and expect 10x of it within few month or for just the first month of their investment. As an investor he must learned to be patient and wait till the we gradually sink into the bull run, then could sell as he wishes if he is not holding for long term other than short term. Most time people who invest in short term always feels disappointed towards the overall performance of bitcoin. It is impossible to expect 10x profits in a few months from investing in bitcoin - it is a dream that never comes true. Many early investors make huge profits after they hold bitcoin for a few years - while new investors only expect to get it in a few months, which is clearly bullshit. Futures trading may be useful for those with big ambition - but the risk of futures trading is losing all your money when the market fluctuates rapidly. The higher the leverage set, the higher the risk of loss - so this is not the best investment advice for anyone. Absolutely what you said is true, but only for those early investors who doesn't have patient to hold for long periods due to their eagerness to make quick profits. Anyone whoever think of taking quick profits never always ends up losing their precious assets at the name of trying to be smart knowing to well that bitcoin requires long term holdings than short terms.
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nelson4lov
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May 12, 2024, 10:21:50 PM |
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My expectations for BTC is that the price would likely go up towards the ATH rather than get epically dumped to say, 30k to 40k regions. So I expect the price to grind slowly towards the $73K ATH and possibly make the move to $100K but anyone that is expecting the price to move 5-10x from this price zone is simply setting themselves up for disappointment because there needs to be an influx of liquidity on the other side to back that kind of price growth.
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fuguebtc
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May 13, 2024, 04:22:29 AM |
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Yeah, I still don't see anything too serious happening, although bitcoin has corrected in the past 1 month, the bitcoin price is still high and not too far from the ATH it created before. As a bitcoin investor, we all know that bitcoin is very volatile and compared to previous dumps, this correction is small, insignificant. But I don't understand why the OP thinks it's serious.
I guess before investing, OP did not carefully learn about the history and volatility of bitcoin and he mistakenly thought that the bull season would come immediately after the halving. Currently, he is feeling disappointed and depressed because things are not going as he thought.
But whatever, OP, we are getting very close to bull season, I hope you can get through this period, don't give up now if you don't want to regret it later.
I don't think is normal for someone to just invest in bitcoin before halving and expect to make serious profits after halving because bitcoin is not a ponzi scheme where someone could invest and expect 10x of it within few month or for just the first month of their investment. As an investor he must learned to be patient and wait till the we gradually sink into the bull run, then could sell as he wishes if he is not holding for long term other than short term. Most time people who invest in short term always feels disappointed towards the overall performance of bitcoin. The get-rich-quick ideology mostly comes from newbies and I think OP is also one of them. The fact that they have never experienced any price increases before and do not have too much experience in the market, we can sympathize with them. Perhaps he was disappointed because things did not turn out as he expected, but this will be a lesson for him to grow up and have a more correct view of bitcoin. Personally, I will not criticize newbies because I was once like them and I think give them more time, the market will help them mature the way we have matured.
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X-ray
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May 13, 2024, 06:11:10 AM |
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current market is weak and I don't know what exactly the reason, but talking about sentiment, the market of bitcoin or cryptocurrencies as a whole has been weak in general anyway when it comes to month may, sentiment always so bad with this month.
good thing is that there's probably gonna be news about ETF approval of altcoin which is ethereum, bad news is that the news is probably just a disapproval since its pretty pessimistic right here. i guess its probably as many speculators are saying based on them reading chart and make proper comparation with the previous of chart we are just in a bear trap. the bullrun will soon come once the market starting to pick up. but honestly, holding has always been like this, so much mental pressure when the market just seem like on the brink of massive dump. but usually the result will be different than what we are expecting, like sudden rally out of nowhere after bear trap.
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aylabadia05
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May 13, 2024, 07:11:44 AM |
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<snip>
Yes, usually people who say that why is bitcoin different this time, after halving there is even a decline, basically every cycle does not run the same, or move the same as the previous time, but bitcoin repeats a new ATH every cycle even though it is not on the same day, month or hour as the previous year, many people are mistaken with the sentence so they don't understand how to respond to the reality of the bitcoin cycle. This year's fourth Bitcoin halving. This means that the previous Bitcoin halving is an example or illustration of how the market works. If we look at the difference between the previous Bitcoin halving and this fourth Bitcoin halving, we can increasingly get an idea of what market fluctuations are. It is difficult to convince those who are too short-sighted that Bitcoin did not increase after the halving occurred.
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OrangeII
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May 13, 2024, 09:25:23 AM |
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in my experience, the halving effect sometimes occurs one year after the halving occurs, and it could happen in 2025. I am quite sure that the halving effect will push the price of bitcoin much higher, even beyond the ATH it had reached before the halving occurred. However, the potential for bitcoin prices to reach $100k is still very large. If the price still doesn't rise, I think this is still an opportunity for us to increase the investment we currently have.
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rodskee
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May 13, 2024, 11:26:52 AM |
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in my experience, the halving effect sometimes occurs one year after the halving occurs, and it could happen in 2025. I am quite sure that the halving effect will push the price of bitcoin much higher, even beyond the ATH it had reached before the halving occurred.
but it can happen this year mate , because we have still 8 months after the halving meaning we have plenty of time for this to see how would the market be affected of halving as i believe there is bigger to come sooner or at least in 4th quarter of 2024. However, the potential for bitcoin prices to reach $100k is still very large. If the price still doesn't rise, I think this is still an opportunity for us to increase the investment we currently have.
if you really believe that bitcoin will reach 100k then you don;t have to wait some time instead buy it now while the price is very cheap and while we are waiting for the spike to the moon.
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Mpamaegbu
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May 13, 2024, 01:24:39 PM |
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in my experience, the halving effect sometimes occurs one year after the halving occurs, and it could happen in 2025. I am quite sure that the halving effect will push the price of bitcoin much higher, even beyond the ATH it had reached before the halving occurred. However, the potential for bitcoin prices to reach $100k is still very large. If the price still doesn't rise, I think this is still an opportunity for us to increase the investment we currently have.
I think the market is doing excellently well as it's now even though many think price is down. To be honest, I expected that price would dip to the low $50k region. Well, it's still not over on that yet. It could relapse to that level, we never can conclude yet that it won't because there's a correction to that side. Your observation of a new ATH coming around a year after halving isn't far from the truth. For those who expect immediate spike and continuous rise in price after halving, it doesn't work that way.
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Nrcewker
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May 13, 2024, 01:45:52 PM |
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No one can say which direction the price will go. All we can say here is what affects the price of the coin. I meant we have not seen any high ups after the halving but this doesn’t mean Bitcoins will keep on decreasing. This is just the price correction I must say. The price goes up basically when the demand to accumulate the coin among the trader increases. Currently the demand is not so high, hence treat this as an opportunity and buy the coin for cheap. The price might soon go up anytime, as it fell below 60k usd.
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