Bitcoin Forum
June 17, 2024, 12:42:08 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: « 1 2 3 4 [5] 6 7 »  All
  Print  
Author Topic: What is going to happen with Bitcoin now?  (Read 963 times)
GigaBit
Hero Member
*****
Offline Offline

Activity: 1582
Merit: 510


Leading Crypto Sports Betting & Casino Platform


View Profile
May 13, 2024, 03:37:34 PM
 #81

There is no logical reason to worry too much about recent Bitcoin price changes. Because if the Bitcoin price increases slightly, there may be a slight correction. Even if it goes below $60k, it is not a big problem. Moreover, it is not possible to predict that the price of Bitcoin will increase after the halving. But if you look at the events after the previous halving, it will be seen that the price of Bitcoin has increased after a long time. For the time being, the price of Bitcoin will remain between $60k to $70k for a long time and we may see its price rise from the last quarter of this year. Since Bitcoin is the most volatile currency, the price of Bitcoin can rise up or down more than expected level from time to time. In this case, the decision should be taken after careful observation before investment.

..Stake.com..   ▄████████████████████████████████████▄
   ██ ▄▄▄▄▄▄▄▄▄▄            ▄▄▄▄▄▄▄▄▄▄ ██  ▄████▄
   ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██  ██████
   ██ ██████████ ██      ██ ██████████ ██   ▀██▀
   ██ ██      ██ ██████  ██ ██      ██ ██    ██
   ██ ██████  ██ █████  ███ ██████  ██ ████▄ ██
   ██ █████  ███ ████  ████ █████  ███ ████████
   ██ ████  ████ ██████████ ████  ████ ████▀
   ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██
   ██            ▀▀▀▀▀▀▀▀▀▀            ██ 
   ▀█████████▀ ▄████████████▄ ▀█████████▀
  ▄▄▄▄▄▄▄▄▄▄▄▄███  ██  ██  ███▄▄▄▄▄▄▄▄▄▄▄▄
 ██████████████████████████████████████████
▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄
█  ▄▀▄             █▀▀█▀▄▄
█  █▀█             █  ▐  ▐▌
█       ▄██▄       █  ▌  █
█     ▄██████▄     █  ▌ ▐▌
█    ██████████    █ ▐  █
█   ▐██████████▌   █ ▐ ▐▌
█    ▀▀██████▀▀    █ ▌ █
█     ▄▄▄██▄▄▄     █ ▌▐▌
█                  █▐ █
█                  █▐▐▌
█                  █▐█
▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█
▄▄█████████▄▄
▄██▀▀▀▀█████▀▀▀▀██▄
▄█▀       ▐█▌       ▀█▄
██         ▐█▌         ██
████▄     ▄█████▄     ▄████
████████▄███████████▄████████
███▀    █████████████    ▀███
██       ███████████       ██
▀█▄       █████████       ▄█▀
▀█▄    ▄██▀▀▀▀▀▀▀██▄  ▄▄▄█▀
▀███████         ███████▀
▀█████▄       ▄█████▀
▀▀▀███▄▄▄███▀▀▀
..PLAY NOW..
mirakal
Legendary
*
Offline Offline

Activity: 3164
Merit: 1290


Leading Crypto Sports Betting & Casino Platform


View Profile
May 13, 2024, 03:59:15 PM
 #82

There is no logical reason to worry too much about recent Bitcoin price changes. Because if the Bitcoin price increases slightly, there may be a slight correction. Even if it goes below $60k, it is not a big problem. Moreover, it is not possible to predict that the price of Bitcoin will increase after the halving. But if you look at the events after the previous halving, it will be seen that the price of Bitcoin has increased after a long time. For the time being, the price of Bitcoin will remain between $60k to $70k for a long time and we may see its price rise from the last quarter of this year. Since Bitcoin is the most volatile currency, the price of Bitcoin can rise up or down more than expected level from time to time. In this case, the decision should be taken after careful observation before investment.
Bitcoin current price is actually not worrying. But be worried when you keep on monitoring the market and you tend to miss the opportunity to invest while bitcoin price is still not so high. Because when bitcoin price makes an impressive increase, then you need to wait for several months again before you will see another dips.

However, price correction is inevitable in the market. You can’t expect for bitcoin price to keep growing up, but it will also have its time to drop low and experience some dips. So don’t be too paranoid with the current price, surely it will only be temporary.

..Stake.com..   ▄████████████████████████████████████▄
   ██ ▄▄▄▄▄▄▄▄▄▄            ▄▄▄▄▄▄▄▄▄▄ ██  ▄████▄
   ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██  ██████
   ██ ██████████ ██      ██ ██████████ ██   ▀██▀
   ██ ██      ██ ██████  ██ ██      ██ ██    ██
   ██ ██████  ██ █████  ███ ██████  ██ ████▄ ██
   ██ █████  ███ ████  ████ █████  ███ ████████
   ██ ████  ████ ██████████ ████  ████ ████▀
   ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██
   ██            ▀▀▀▀▀▀▀▀▀▀            ██ 
   ▀█████████▀ ▄████████████▄ ▀█████████▀
  ▄▄▄▄▄▄▄▄▄▄▄▄███  ██  ██  ███▄▄▄▄▄▄▄▄▄▄▄▄
 ██████████████████████████████████████████
▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄
█  ▄▀▄             █▀▀█▀▄▄
█  █▀█             █  ▐  ▐▌
█       ▄██▄       █  ▌  █
█     ▄██████▄     █  ▌ ▐▌
█    ██████████    █ ▐  █
█   ▐██████████▌   █ ▐ ▐▌
█    ▀▀██████▀▀    █ ▌ █
█     ▄▄▄██▄▄▄     █ ▌▐▌
█                  █▐ █
█                  █▐▐▌
█                  █▐█
▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█
▄▄█████████▄▄
▄██▀▀▀▀█████▀▀▀▀██▄
▄█▀       ▐█▌       ▀█▄
██         ▐█▌         ██
████▄     ▄█████▄     ▄████
████████▄███████████▄████████
███▀    █████████████    ▀███
██       ███████████       ██
▀█▄       █████████       ▄█▀
▀█▄    ▄██▀▀▀▀▀▀▀██▄  ▄▄▄█▀
▀███████         ███████▀
▀█████▄       ▄█████▀
▀▀▀███▄▄▄███▀▀▀
..PLAY NOW..
gunungkembar
Member
**
Offline Offline

Activity: 575
Merit: 43


Enterapp Pre-Sale Live - bit.ly/3UrMCWI


View Profile
May 13, 2024, 05:30:43 PM
 #83

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.
That's right, you can see the complete history of bitcoin price movements on coinmarketcap, there we can find out that every year after the halving there will usually be an increase in prices which is often called a bull run or altcoin season, many altcoin prices will increase, Bitcoin too will make a price increase but apparently getting to $100k is difficult to do. Maybe the price of Bitcoin will only reach a new ATH at $80k.

▀███████▄            enterapp.io       |       CRYPTO WEB3 NEOBANK            ▄███████▀
                            PRE-SALE IS LIVE                           
▀█▄ ▀█▄ ▀█▄        D E C E N T R A L I Z E D   B A N K I N G        ▄█▀ ▄█▀ ▄█▀
justdimin
Hero Member
*****
Offline Offline

Activity: 3038
Merit: 670


www.Crypto.Games: Multiple coins, multiple games


View Profile
May 13, 2024, 07:49:00 PM
 #84

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.

Quote
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.
Yes, I believe that we have a lot of time until bitcoin price could go up, I feel like in about 5 months or so we are going to start seeing the price go up. We can't really make it change at all, we just need to make sure that we can do whatever we want to do during this period and won't get to see it go up a lot.

I mean it can go up a bit, like if it reaches 70k then I won't say it started, that is just recovering and that happens sometimes. I mean that huge increases, like going above 100k for example, all of that will probably start around October or so, and when that starts, like I mean the REAL bull run, then it will take a while to stop that, no matter how many bad news comes out, it will keep on going higher and higher during that period.

█████████████████████████
███████▄▄▀▀███▀▀▄▄███████
████████▄███▄████████
█████▄▄█▀▀███▀▀█▄▄█████
████▀▀██▀██████▀██▀▀████
████▄█████████████▄████
███████▀███████▀███████
████▀█████████████▀████
████▄▄██▄████▄██▄▄████
█████▀▀███▀▄████▀▀█████
████████▀███▀████████
███████▀▀▄▄███▄▄▀▀███████
█████████████████████████
.
 CRYPTOGAMES 
.
 Catch the winning spirit! 
█▄░▀███▌░▄
███▄░▀█░▐██▄
▀▀▀▀▀░░░▀▀▀▀▀
████▌░▐█████▀
████░░█████
███▌░▐███▀
███░░███
██▌░▐█▀
PROGRESSIVE
      JACKPOT      
██░░▄▄
▀▀░░████▄
▄▄▄▄██▀░░▄▄
░░░▀▀█░░▀██▄
███▄░░▀▄░█▀▀
█████░░█░░▄▄█
█████░░██████
█████░░█░░▀▀█
LOW HOUSE
         EDGE         
██▄
███░░░░░░░▄▄
█▀░░░░░░░████
█▄░░░░░░░░█▀
██▄░░░░░░▄█
███▄▄░░▄██▌
██████████
█████████▌
PREMIUM VIP
 MEMBERSHIP 
DICE   ROULETTE   BLACKJACK   KENO   MINESWEEPER   VIDEO POKER   PLINKO   SLOT   LOTTERY
BITCOIN4X
Legendary
*
Offline Offline

Activity: 2016
Merit: 1153



View Profile
May 13, 2024, 08:09:55 PM
 #85

There is no logical reason to worry too much about recent Bitcoin price changes. Because if the Bitcoin price increases slightly, there may be a slight correction. Even if it goes below $60k, it is not a big problem. Moreover, it is not possible to predict that the price of Bitcoin will increase after the halving. But if you look at the events after the previous halving, it will be seen that the price of Bitcoin has increased after a long time. For the time being, the price of Bitcoin will remain between $60k to $70k for a long time and we may see its price rise from the last quarter of this year. Since Bitcoin is the most volatile currency, the price of Bitcoin can rise up or down more than expected level from time to time. In this case, the decision should be taken after careful observation before investment.
I'm not saying your opinion is wrong, but a mindset like yours is only very suitable for long-term investors. Of course, they are long-term holders who have essentially ignored short-term price volatility. Meanwhile, if you are a trader, price volatility will have an influence on the trading plan itself.

Short-term price volatility should not have a significant impact on the holder's long-term plans. In fact, I believe that holders are very likely to accumulate when the price drop a few percent at a time, which will clearly give them the opportunity to own more bitcoin before the price rises high. Halving can certainly help increase demand for bitcoin indirectly, but this takes a lot of time.

.
.DuelbitsSPORTS.
▄▄▄███████▄▄▄
▄▄█████████████████▄▄
▄██████████████████████▄
██████████████████████████
███████████████████████████
██████████████████████████████
██████████████████████████████
█████████████████████████████
███████████████████████████
█████████████████████████
▀████████████████████████
▀▀███████████████████
██████████████████████████████
██
██
██
██

██
██
██
██

██
██
██
████████▄▄▄▄██▄▄▄██
███▄█▀▄▄▀███▄█████
█████████████▀▀▀██
██▀ ▀██████████████████
███▄███████████████████
███████████████████████
███████████████████████
███████████████████████
███████████████████████
███████████████████████
▀█████████████████████▀
▀▀███████████████▀▀
▀▀▀▀█▀▀▀▀
OFFICIAL EUROPEAN
BETTING PARTNER OF
ASTON VILLA FC
██
██
██
██

██
██
██
██

██
██
██
10%   CASHBACK   
          100%   MULTICHARGER   
nurilham
Sr. Member
****
Offline Offline

Activity: 1470
Merit: 441



View Profile
May 13, 2024, 08:56:23 PM
 #86

There is no logical reason to worry too much about recent Bitcoin price changes. Because if the Bitcoin price increases slightly, there may be a slight correction. Even if it goes below $60k, it is not a big problem. Moreover, it is not possible to predict that the price of Bitcoin will increase after the halving.
Yes, it is just a normal correction. There should be a decrease after an increase. We already hits a new ATH before halving, it is normal if we have a big correction after halving. The Bitcoin price has dropped to $56k, now it is already raising a bit. Few days ago, Bitcoin price increased to $65k but it dropped again to $60k. I think the decrease is still reasonable, it is not dropping very drastically. Because Bitcoin price is still above $60k, we mustn't feel too worried if we set a target for a long term.

But if you look at the events after the previous halving, it will be seen that the price of Bitcoin has increased after a long time. For the time being, the price of Bitcoin will remain between $60k to $70k for a long time and we may see its price rise from the last quarter of this year.
It is true. After the halving, Bitcoin usually increased significantly again in the next few months. We can see this fact from the 3 previous halvings, all of them showed the same fact. If Bitcoin is in a sideway phase or in a decreasing phase, it is not really surprising because it happened in the previous halvings. We just need to be patient to wait for until the end of this year or until the next year.
Felicity_Tide
Member
**
Offline Offline

Activity: 70
Merit: 58


View Profile
May 13, 2024, 09:04:17 PM
Last edit: May 13, 2024, 11:29:53 PM by Felicity_Tide
 #87

There is no logical reason to worry too much about recent Bitcoin price changes. Because if the Bitcoin price increases slightly, there may be a slight correction. Even if it goes below $60k, it is not a big problem. Moreover, it is not possible to predict that the price of Bitcoin will increase after the halving. But if you look at the events after the previous halving, it will be seen that the price of Bitcoin has increased after a long time. For the time being, the price of Bitcoin will remain between $60k to $70k for a long time and we may see its price rise from the last quarter of this year. Since Bitcoin is the most volatile currency, the price of Bitcoin can rise up or down more than expected level from time to time. In this case, the decision should be taken after careful observation before investment.
I'm not saying your opinion is wrong, but a mindset like yours is only very suitable for long-term investors. Of course, they are long-term holders who have essentially ignored short-term price volatility. Meanwhile, if you are a trader, price volatility will have an influence on the trading plan itself.

Short-term price volatility should not have a significant impact on the holder's long-term plans. In fact, I believe that holders are very likely to accumulate when the price drop a few percent at a time, which will clearly give them the opportunity to own more bitcoin before the price rises high. Halving can certainly help increase demand for bitcoin indirectly, but this takes a lot of time.

What you've just explained is clearly based on a logical value. I see no business between a long-term investor and volatility. My reason is because, long term investors are indirectly not affected by any current fall in price, as there is still a very big chance of price increase and even great profit as more demands and time goes bye.

Unlike a short-term investor that needs to stay updated with everything especially paying more attention to volatility, rumors and speculations. Failure to stay updated might cost the short-term investor alot as things can happen just in a blink of an eye.
Slow death
Legendary
*
Online Online

Activity: 3052
Merit: 1102


Leading Crypto Sports Betting & Casino Platform


View Profile
May 14, 2024, 06:51:35 AM
 #88

There is no logical reason to worry too much about recent Bitcoin price changes. Because if the Bitcoin price increases slightly, there may be a slight correction. Even if it goes below $60k, it is not a big problem. Moreover, it is not possible to predict that the price of Bitcoin will increase after the halving. But if you look at the events after the previous halving, it will be seen that the price of Bitcoin has increased after a long time. For the time being, the price of Bitcoin will remain between $60k to $70k for a long time and we may see its price rise from the last quarter of this year. Since Bitcoin is the most volatile currency, the price of Bitcoin can rise up or down more than expected level from time to time. In this case, the decision should be taken after careful observation before investment.

the price goes up and down depending on the news, but as most of the time it is news that is not very widespread and does not create a big impact, so it is not very visible that that small piece of news has caused any increase in price, even if it is a small increase in price. price or price drop. for example, last month there was news that Iran attacked Israel and at the same time the price of bitcoin and other financial market assets started to fall because people feared that there would be a third world war, so they started panic selling, that kind of thing. news has a major impact on the price of assets in the financial market

see this news:


Bitcoin traders expect Fed Chair Powell to ‘pump our bags’ and BTC to target $80K+


Historical Bitcoin performance data and investors' expectation that the Fed will “pump our bags” have traders anticipating a strong BTC price rebound.



Bitcoin price rose 3% on May 13 as crypto traders anticipated price volatility ahead of this week’s U.S. macroeconomic data update.

Data from Cointelegraph Markets Pro and TradingView showed intraday BTC price high of $63,269 on Coinbase shortly after the Wall Street open on May 13.

This week, market participants await the United States inflation data to help determine whether the Federal Reserve will lower interest rates in 2024.

The U.S. Producer Price Index (PPI) print is expected on Tuesday, May 14, followed by the Consumer Price Index (CPI) reading on May 15.

According to the CME’s FedWatch tool, market analysts forecast a 72% chance of rates remaining the same at July’s Federal Open Market Committee (FOMC) meeting, with the possibility of rate cuts pushed later in the year, at 48.6% at September’s meeting. Traders forecast a 91.1% chance that rates will remain unchanged at June’s meeting.

“Expect volatility. However, this is the first time in a little while that we are likely to see inflation data slow.”

The analyst explained that reducing inflation will be “good for risk assets like Bitcoin,” putting the market on the “verge of a leg higher.”

Fellow analyst Seth shared the following chart in a May 12 post on X, saying that the relative strength index (RSI) had broken above a descending trendline on the daily timeframe.

The analyst acknowledged that this week’s “CPI, Core CPI, PPI and FED chair speech” is likely to affect the direction of BTC’s price.


source: https://cointelegraph.com/news/bitcoin-traders-expect-fed-chair-powell-to-pump-our-bags-and-btc-to-target-80k

Most people are constantly analyzing the market to identify a good moment to buy or a good moment to sell, but when we just look at the price in front of us, we don't realize that there are factors that are influencing the price at that moment. I know that many people have said that they don't care about the news, they buy and hodl, but in my case I care about the news, because for example today the price of bitcoin is at $62000 and there is bad news and the price dropped to $40,000, then I would buy at a very low price and when the price went up to $120,000 I would have made 3x, while that person who bought at a price of $62,000 and doesn't care about the news, when the price reached $120,000 would only have done 2x

..Stake.com..   ▄████████████████████████████████████▄
   ██ ▄▄▄▄▄▄▄▄▄▄            ▄▄▄▄▄▄▄▄▄▄ ██  ▄████▄
   ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██  ██████
   ██ ██████████ ██      ██ ██████████ ██   ▀██▀
   ██ ██      ██ ██████  ██ ██      ██ ██    ██
   ██ ██████  ██ █████  ███ ██████  ██ ████▄ ██
   ██ █████  ███ ████  ████ █████  ███ ████████
   ██ ████  ████ ██████████ ████  ████ ████▀
   ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██
   ██            ▀▀▀▀▀▀▀▀▀▀            ██ 
   ▀█████████▀ ▄████████████▄ ▀█████████▀
  ▄▄▄▄▄▄▄▄▄▄▄▄███  ██  ██  ███▄▄▄▄▄▄▄▄▄▄▄▄
 ██████████████████████████████████████████
▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄
█  ▄▀▄             █▀▀█▀▄▄
█  █▀█             █  ▐  ▐▌
█       ▄██▄       █  ▌  █
█     ▄██████▄     █  ▌ ▐▌
█    ██████████    █ ▐  █
█   ▐██████████▌   █ ▐ ▐▌
█    ▀▀██████▀▀    █ ▌ █
█     ▄▄▄██▄▄▄     █ ▌▐▌
█                  █▐ █
█                  █▐▐▌
█                  █▐█
▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█
▄▄█████████▄▄
▄██▀▀▀▀█████▀▀▀▀██▄
▄█▀       ▐█▌       ▀█▄
██         ▐█▌         ██
████▄     ▄█████▄     ▄████
████████▄███████████▄████████
███▀    █████████████    ▀███
██       ███████████       ██
▀█▄       █████████       ▄█▀
▀█▄    ▄██▀▀▀▀▀▀▀██▄  ▄▄▄█▀
▀███████         ███████▀
▀█████▄       ▄█████▀
▀▀▀███▄▄▄███▀▀▀
..PLAY NOW..
rodskee
Full Member
***
Offline Offline

Activity: 2408
Merit: 202


★Bitvest.io★ Play Plinko or Invest!


View Profile
May 14, 2024, 07:00:55 AM
 #89

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.

Quote
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.
Yes, I believe that we have a lot of time until bitcoin price could go up, I feel like in about 5 months or so we are going to start seeing the price go up. We can't really make it change at all, we just need to make sure that we can do whatever we want to do during this period and won't get to see it go up a lot.
yeah , I also assume that the final bull will happen at least last quarter of this 2024 or in the
starting of 2025 that I thing enough time for bull charging.
Quote
I mean it can go up a bit, like if it reaches 70k then I won't say it started, that is just recovering and that happens sometimes. I mean that huge increases, like going above 100k for example, all of that will probably start around October or so, and when that starts, like I mean the REAL bull run, then it will take a while to stop that, no matter how many bad news comes out, it will keep on going higher and higher during that period.

we have already broken 70k so that is not a counted growth what we hacve to see is at least
75k and above value that we are waiting since march this year.

CryptoBuds
Legendary
*
Offline Offline

Activity: 2114
Merit: 1043


HODL


View Profile
May 14, 2024, 08:24:22 AM
 #90

There is no logical reason to worry too much about recent Bitcoin price changes. Because if the Bitcoin price increases slightly, there may be a slight correction. Even if it goes below $60k, it is not a big problem. Moreover, it is not possible to predict that the price of Bitcoin will increase after the halving. But if you look at the events after the previous halving, it will be seen that the price of Bitcoin has increased after a long time. For the time being, the price of Bitcoin will remain between $60k to $70k for a long time and we may see its price rise from the last quarter of this year. Since Bitcoin is the most volatile currency, the price of Bitcoin can rise up or down more than expected level from time to time. In this case, the decision should be taken after careful observation before investment.
I'm not saying your opinion is wrong, but a mindset like yours is only very suitable for long-term investors. Of course, they are long-term holders who have essentially ignored short-term price volatility. Meanwhile, if you are a trader, price volatility will have an influence on the trading plan itself.

Short-term price volatility should not have a significant impact on the holder's long-term plans. In fact, I believe that holders are very likely to accumulate when the price drop a few percent at a time, which will clearly give them the opportunity to own more bitcoin before the price rises high. Halving can certainly help increase demand for bitcoin indirectly, but this takes a lot of time.

What you've just explained is clearly based on a logical value. I see no business between a long-term investor and volatility. My reason is because, long term investors are indirectly not affected by any current fall in price, as there is still a very big chance of price increase and even great profit as more demands and time goes bye.

Unlike a short-term investor that needs to stay updated with everything especially paying more attention to volatility, rumors and speculations. Failure to stay updated might cost the short-term investor alot as things can happen just in a blink of an eye.

Even if you stay informed every second, every minute, there is no guarantee you will not pay the price, bitcoin is unpredictable and sometimes the market does not always move according to the news. Macro news will impact the market, but sometimes the market will react opposite to that news, so the risk of short-term investing is huge.
For a market as rife with manipulation as cryptocurrency, relying too much on news will ultimately cost us dearly. As many predicted that after the halving, bitcoin would increase in price significantly, but the results were largely disappointing. Long-term investment is the only way to absolutely win in this market and ignore short-term fluctuations.

enwi
Full Member
***
Offline Offline

Activity: 574
Merit: 101



View Profile WWW
May 14, 2024, 09:20:35 AM
 #91

There is no logical reason to worry too much about recent Bitcoin price changes. Because if the Bitcoin price increases slightly, there may be a slight correction. Even if it goes below $60k, it is not a big problem. Moreover, it is not possible to predict that the price of Bitcoin will increase after the halving.
Yes, it is just a normal correction. There should be a decrease after an increase. We already hits a new ATH before halving, it is normal if we have a big correction after halving. The Bitcoin price has dropped to $56k, now it is already raising a bit. Few days ago, Bitcoin price increased to $65k but it dropped again to $60k. I think the decrease is still reasonable, it is not dropping very drastically. Because Bitcoin price is still above $60k, we mustn't feel too worried if we set a target for a long term.

But if you look at the events after the previous halving, it will be seen that the price of Bitcoin has increased after a long time. For the time being, the price of Bitcoin will remain between $60k to $70k for a long time and we may see its price rise from the last quarter of this year.
It is true. After the halving, Bitcoin usually increased significantly again in the next few months. We can see this fact from the 3 previous halvings, all of them showed the same fact. If Bitcoin is in a sideway phase or in a decreasing phase, it is not really surprising because it happened in the previous halvings. We just need to be patient to wait for until the end of this year or until the next year.

When we look at the history of bitcoin price movements after the halving, the price usually increases, but this year it seems very different, the FOMO that bitcoin gives traders means that the price of bitcoin has already made a new ATH before the halving occurs. If we still follow the history of bitcoin price movements, it is possible that next year there will be a bullrun and bitcoin has the potential to reach a new ATH again.

Promocodeudo
Sr. Member
****
Offline Offline

Activity: 434
Merit: 254


Defend Bitcoin and its PoW: bitcoincleanup.com


View Profile WWW
May 14, 2024, 02:14:11 PM
 #92

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.

It is normal for newbies to have the mindset that Bitcoin will have a possible pump during or immediately after halving but the reality becomes the unexpected to them because the fail to understand that Bitcoin possess a switch of mood at all time. Though speculations has been the major problem with newbies, they concentrate on apeculations more than reality, Bitcoin has no definite destination, even the market force sometimes moves in the direction that's not understandable that's why every experienced investor in the Bitcoin setting will advise that investing for a long intervals is better because when you invest and allow your investment to keep fit for long time many events and fluntuation would have taken place and by then you would have been conversant in the system, profit would have been made too, Bitcoin is a continuous process thats why we shouldn't give up, what we ahould be doing at all time is to invest as we can to keep our portfolio intact.

▄▄▄███████▄▄▄
▄█████████████████▄▄
▄██
█████████▀██▀████████
████████▀
░░░░▀░░██████████
███████████▌░░▄▄▄░░░▀████████
███████
█████░░░███▌░░░█████████
███
████████░░░░░░░░░░▄█████████
█████████▀░░░▄████░░░░█████████
███
████▄▄░░░░▀▀▀░░░░▄████████
█████
███▌▄█░░▄▄▄▄█████████
▀████
██████▄██
██████████▀
▀▀█████████████████▀▀
▀▀▀███████▀▀
.
BitcoinCleanUp.com


















































████████████████████████████████████████████████████████████████████████████████
.
.
████████████████████████████████████████████████████████████████████████████████
███████████████████████████████████████
███████████████████████████████
███████████████████████████████
███████▀█████████▀▀▀▀█▀████████
███████▌░▀▀████▀░░░░░░░▄███████
███████▀░░░░░░░░░░░░░░▐████████
████████▄░░░░░░░░░░░░░█████████
████████▄░░░░░░░░░░░▄██████████
███████▀▀▀░░░░░░░▄▄████████████
█████████▄▄▄▄▄▄████████████████
███████████████████████████████
███████████████████████████████
███████████████████████████████████████
████████████████████████████████████████████████████████████████████████████████
.
#EndTheFUD
.

████████████████████████████████████████████████████████████████████████████████
██████████
██
██
██
██
██
██
██
██
██
██
██
██████████
bangjoe
Hero Member
*****
Offline Offline

Activity: 1470
Merit: 714



View Profile
May 15, 2024, 04:59:00 AM
 #93

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.
That's what I believe so far here, so keep doing DCA if you want to continue to increase bitcoin holdings on every decline it will be much better than despairing and watching the boring market.
If our target is $100 then there is another 40% increase from the current price around $60k, isn't that the ideal area.  Shocked

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.
Yes things like this do become ambiguous, believe it or not it will be very difficult to predict the market where bitcoin will move, no one is capable of doing that, we certainly realize that bitcoin continues to prove itself, even said to be dead bitcoin continues to grow and get bigger, so yes don't be too apathetic about things we don't know, despair is a poison that will destroy us.

███████████████████████████
███████▄████████████▄██████
████████▄████████▄████████
███▀█████▀▄███▄▀█████▀███
█████▀█▀▄██▀▀▀██▄▀█▀█████
███████▄███████████▄███████
███████████████████████████
███████▀███████████▀███████
████▄██▄▀██▄▄▄██▀▄██▄████
████▄████▄▀███▀▄████▄████
██▄███▀▀█▀██████▀█▀███▄███
██▀█▀████████████████▀█▀███
███████████████████████████
.
.Duelbits.
..........UNLEASH..........
THE ULTIMATE
GAMING EXPERIENCE
DUELBITS
FANTASY
SPORTS
████▄▄█████▄▄
░▄████
███████████▄
▐███
███████████████▄
███
████████████████
███
████████████████▌
███
██████████████████
████████████████▀▀▀
███████████████▌
███████████████▌
████████████████
████████████████
████████████████
████▀▀███████▀▀
.
▬▬
VS
▬▬
████▄▄▄█████▄▄▄
░▄████████████████▄
▐██████████████████▄
████████████████████
████████████████████▌
█████████████████████
███████████████████
███████████████▌
███████████████▌
████████████████
████████████████
████████████████
████▀▀███████▀▀
/// PLAY FOR  FREE  ///
WIN FOR REAL
..PLAY NOW..
tygeade
Legendary
*
Offline Offline

Activity: 2142
Merit: 1059



View Profile
May 15, 2024, 05:22:53 AM
 #94

When we look at the history of bitcoin price movements after the halving, the price usually increases, but this year it seems very different, the FOMO that bitcoin gives traders means that the price of bitcoin has already made a new ATH before the halving occurs. If we still follow the history of bitcoin price movements, it is possible that next year there will be a bullrun and bitcoin has the potential to reach a new ATH again.
This shouldn't be really an issue, and we could consider the deal as something that will take some time. Of course it is not that clear if we could make money right away, but I think it is going to do fine, which shouldn't be really that much of a situation that is easy, because we should probably see the changes to be a lot more important given enough time but while waiting a lot of people will end up not realizing what kind of benefit we are going to have.

This is why it is going to be a lot of trouble for people who do not know what we are going to do, and because of this we are going to face some people selling earlier than they should, this main reason will cause a lot of trouble for people who do not understand the complete situation we are in right now.

rodskee
Full Member
***
Offline Offline

Activity: 2408
Merit: 202


★Bitvest.io★ Play Plinko or Invest!


View Profile
May 15, 2024, 07:55:03 AM
 #95

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.
this is why you must not invest in bitcoin when you are not capable of of risking because this is
truly a type of investment that takes longer time before you can taste the profit .
and also if you wanted to invest in bitcoin you must know how much to wait tasting your product .

Velemir Sava
Member
**
Offline Offline

Activity: 293
Merit: 28

Enterapp


View Profile
May 15, 2024, 08:26:58 AM
 #96

this is why you must not invest in bitcoin when you are not capable of of risking because this is
truly a type of investment that takes longer time before you can taste the profit .
and also if you wanted to invest in bitcoin you must know how much to wait tasting your product .

Yes. true, BTC is required to be mentally strong and not easily affected by the price of other coins when it drops and the worst possibility is that we will sell BTC to buy other coins. Investing in BTC predominantly uses long-term patterns, whether he is a beginner or not a beginner, or other solutions so as not to be easily affected by the following market corrections, if there is selling pressure from the beginning, just set a percentage of the funds we have, 50% for BTC and the rest for coins, other than stacking everything on the container.

▀███████▄            enterapp.io       |       CRYPTO WEB3 NEOBANK            ▄███████▀
                            PRE-SALE IS LIVE                           
▀█▄ ▀█▄ ▀█▄        D E C E N T R A L I Z E D   B A N K I N G        ▄█▀ ▄█▀ ▄█▀
lepbagong
Full Member
***
Offline Offline

Activity: 2324
Merit: 121


Enterapp Pre-Sale Live - bit.ly/3UrMCWI


View Profile
May 16, 2024, 07:00:00 AM
 #97

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.
That's right, you can see the complete history of bitcoin price movements on coinmarketcap, there we can find out that every year after the halving there will usually be an increase in prices which is often called a bull run or altcoin season, many altcoin prices will increase, Bitcoin too will make a price increase but apparently getting to $100k is difficult to do. Maybe the price of Bitcoin will only reach a new ATH at $80k.
Currently, the Bitcoin movement is stagnant, moving in a range that cannot increase above $70K or fall below $55K and this has continued to happen for the past month. So there are still many possibilities that will happen after the halving period. Many predict that there will be a correction first before it will provide encouragement for Bitcoin to reach high levels.
I think $100K will be possible by the end of this year and ATH will be formed in 2025, so stay patient on all this.

jasonjm
Hero Member
*****
Offline Offline

Activity: 1288
Merit: 524



View Profile WWW
May 16, 2024, 10:47:27 AM
 #98

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

For the long term, Bitcoin is bullish, while you can expect some price rallies and market corrections in the short term. Historically, BTC pumped significantly after halving and reached a new ATH within 2 years, so I am expecting an ATH in 2nd half of 2025. If BTC mimics the past trends, the price could go beyond $200k. Wait for the right moment to maximize your profit, and if you haven't invested yet, try buying Bitcoin when the price dips toward $55k. 

█████████████████████
█████████████████████████
█████████▀▀▀▀▀▀▀█████████
██████▀███████████▀██████
█████▀███▄▄▄▄▄▄▄███▀█████
████████▀▀▀▀▀▀▀▀▀████████
█████████████████████████
█████▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄█████
█████████████████████████
██████▄███████████▄██████
█████████▄▄▄▄▄▄▄█████████
█████████████████████████
█████████████████████
 
    CRYPTO WEBNEOBANK    
▄▄███████▄▄
▄███████████████▄
▄██████░░░░░░░░░░███▄
▄████▄▄███████▄▄░░░██▄
▄█████████████████░░░██▄
████░░▄▄▄▄▄▄▄▄▄░░░░░░░░██
████░░██████████░░░░░░░██
████░░▀▀▀▀▀▀▀▀▀░░░░░░░░██
▀█████████████████░░░██▀
▀████▀▀███████▀▀░░░██▀
▀██████░░░░░░░░░░███▀
▀███████████████▀
▀▀███████▀▀
Yaunfitda
Hero Member
*****
Offline Offline

Activity: 2884
Merit: 596



View Profile
May 16, 2024, 11:06:06 AM
 #99

There is no logical reason to worry too much about recent Bitcoin price changes. Because if the Bitcoin price increases slightly, there may be a slight correction. Even if it goes below $60k, it is not a big problem. Moreover, it is not possible to predict that the price of Bitcoin will increase after the halving.
Yes, it is just a normal correction. There should be a decrease after an increase. We already hits a new ATH before halving, it is normal if we have a big correction after halving. The Bitcoin price has dropped to $56k, now it is already raising a bit. Few days ago, Bitcoin price increased to $65k but it dropped again to $60k. I think the decrease is still reasonable, it is not dropping very drastically. Because Bitcoin price is still above $60k, we mustn't feel too worried if we set a target for a long term.

But if you look at the events after the previous halving, it will be seen that the price of Bitcoin has increased after a long time. For the time being, the price of Bitcoin will remain between $60k to $70k for a long time and we may see its price rise from the last quarter of this year.
It is true. After the halving, Bitcoin usually increased significantly again in the next few months. We can see this fact from the 3 previous halvings, all of them showed the same fact. If Bitcoin is in a sideway phase or in a decreasing phase, it is not really surprising because it happened in the previous halvings. We just need to be patient to wait for until the end of this year or until the next year.

When we look at the history of bitcoin price movements after the halving, the price usually increases, but this year it seems very different, the FOMO that bitcoin gives traders means that the price of bitcoin has already made a new ATH before the halving occurs. If we still follow the history of bitcoin price movements, it is possible that next year there will be a bullrun and bitcoin has the potential to reach a new ATH again.
I don't see any difference though in the previous bull run. Yeah, maybe we hit a new all time high before the halving, but it doesn't mean that we won't be sitting a massive bull run after it. And if you look at previous bull run, it will take at least months before we can finally see some semblance of a bull run in the market. So I doubt that we will not see a new all time high for this bull cycle. It's just a matter of time, and we are not even a month from the halving itself to say that there will be no rise, it's too early. For others this could still be a period of accumulation and then see the price at the end of the year, we could be very well looking at 6 digit future, I reckon. It's that we really need to have a lot of patience in this market.

███████████████████████████████
███████████████████████████████
███▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀███████████
█████████████▀▀        ▀▀██████
██████▀▀▀▀▀▀              ▀████
██████████▀     ▄▄██▄▄     ▀███
██████████      ██████      ███
██████████▄     ▀▀██▀▀     ▄███
██████▄▄▄▄▄▄              ▄████
█████████████▄▄        ▄▄██████
███▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄███████████
███████████████████████████████
███████████████████████████████
.
|
▄▄███████▄▄
▄████▀▀▀▀▀▀▀████▄
▄███▀▄▄███████▄▄▀███▄
▄██▀▄█▀▀▀█████▀▀▀█▄▀██▄
▄██▄██████▀████░███▄██▄
███░████████▀██░████░███
███░████░█▄████▀░████░███
███░████░███▄████████░███
▀██▄▀███░█████▄█████▀▄██▀
▀██▄▀█▄▄▄██████▄██▀▄██▀
▀███▄▀▀███████▀▀▄███▀
▀████▄▄▄▄▄▄▄████▀
▀▀███████▀▀
SSC NAPOLI
OFFICIAL EUROPEAN
BETTING PARTNER
|.ROLLBOTS.|
▄▄███████▄▄
▄███████████████▄
▄███████████████████▄
▄██▀▀▀▀▀▀▀▀▀▀▀▀▀▀█████▄
▄█████████▀████████▀████▄
██████▄▄▄█████▄▄█████████
█████████████████████████
██████▀▀▀█████▀▀█████████
▀█████████▄████████▄████▀
▀██▄▄▄▄▄▄▄▄▄▄▄▄▄▄█████▀
▀███████████████████▀
▀███████████████▀
▀▀███████▀▀
ROLLBIT COIN
TRADE RLB NOW!
|...PLAY NOW...
pinggoki
Sr. Member
****
Offline Offline

Activity: 1512
Merit: 417


★Bitvest.io★ Play Plinko or Invest!


View Profile
May 16, 2024, 12:56:03 PM
 #100

There is no logical reason to worry too much about recent Bitcoin price changes. Because if the Bitcoin price increases slightly, there may be a slight correction. Even if it goes below $60k, it is not a big problem. Moreover, it is not possible to predict that the price of Bitcoin will increase after the halving. But if you look at the events after the previous halving, it will be seen that the price of Bitcoin has increased after a long time. For the time being, the price of Bitcoin will remain between $60k to $70k for a long time and we may see its price rise from the last quarter of this year. Since Bitcoin is the most volatile currency, the price of Bitcoin can rise up or down more than expected level from time to time. In this case, the decision should be taken after careful observation before investment.
Some people will worry because some of them just got a lot of money at stake and they're most likely trading with bitcoin so they want to get some coping mechanism that everything's alright and that they're not actually going to be predicting something wrong will happen. I do agree with your assessment though, sometimes the price just don't want to be surging so much and people don't understand that those times can happen, and I think that instead of worries, it's probably the best time for us to start the accumulation now that the price of bitcoin is at a stable price range because I know that regret will eventually come to a lot of us that doesn't invest now.



BIG WINNER!
[15.00000000 BTC]


▄████████████████████▄
██████████████████████
██████████▀▀██████████
█████████░░░░█████████
██████████▄▄██████████
███████▀▀████▀▀███████
██████░░░░██░░░░██████
███████▄▄████▄▄███████
████▀▀████▀▀████▀▀████
███░░░░██░░░░██░░░░███
████▄▄████▄▄████▄▄████
██████████████████████
▀████████████████████▀
▄████████████████████▄
██████████████████████
█████▀▀█▀▀▀▀▀▀██▀▀████
█████░░░░░░░░░░░░░▄███
█████░░░░░░░░░░░░▄████
█████░░▄███▄░░░░██████
█████▄▄███▀░░░░▄██████
█████████░░░░░░███████
████████░░░░░░░███████
███████░░░░░░░░███████
███████▄▄▄▄▄▄▄▄███████
██████████████████████
▀████████████████████▀
▄████████████████████▄
███████████████▀▀▀▀▀▀▀
███████████▀▀▄▄█░░░░░█
█████████▀░░█████░░░░█
███████▀░░░░░████▀░░░▀
██████░░░░░░░░▀▄▄█████
█████░▄░░░░░▄██████▀▀█
████░████▄░███████░░░░
███░█████░█████████░░█
███░░░▀█░██████████░░█
███░░░░░░████▀▀██▀░░░░
███░░░░░░███░░░░░░░░░░
▀██░▄▄▄▄░████▄▄██▄░░░░
▄████████████▀▀▀▀▀▀▀██▄
█████████████░█▀▀▀█░███
██████████▀▀░█▀░░░▀█░▀▀
███████▀░▄▄█░█░░░░░█░█▄
████▀░▄▄████░▀█░░░█▀░██
███░▄████▀▀░▄░▀█░█▀░▄░▀
█▀░███▀▀▀░░███░▀█▀░███░
▀░███▀░░░░░████▄░▄████░
░███▀░░░░░░░█████████░░
░███░░░░░░░░░███████░░░
███▀░██░░░░░░▀░▄▄▄░▀░░░
███░██████▄▄░▄█████▄░▄▄
▀██░████████░███████░█▀
▄████████████████████▄
████████▀▀░░░▀▀███████
███▀▀░░░░░▄▄▄░░░░▀▀▀██
██░▀▀▄▄░░░▀▀▀░░░▄▄▀▀██
██░▄▄░░▀▀▄▄░▄▄▀▀░░░░██
██░▀▀░░░░░░█░░░░░██░██
██░░░▄▄░░░░█░██░░░░░██
██░░░▀▀░░░░█░░░░░░░░██
██░░░░░▄▄░░█░░░░░██░██
██▄░░░░▀▀░░█░██░░░░░██
█████▄▄░░░░█░░░░▄▄████
█████████▄▄█▄▄████████
▀████████████████████▀




Rainbot
Daily Quests
Faucet
Pages: « 1 2 3 4 [5] 6 7 »  All
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!