Post
Topic
Board Bitcoin Discussion
Re: 2024 Bitcoin Halving - What are Your Expectations!!!
by
n0ne
on 08/01/2023, 15:29:58 UTC
Some posts above Bitstar_coin showed, that during last 3 halvings Bitcoin price did not show any major changes. At previous halving, a lot of people expected Bitcoin price to skyrocket, but the significant price change started after Elon Musk tweets. This time the world economy is in tricky situation, and Elon Musk shows low interests in crypto, so instead of huge price changes, I would expect no huge price changes at all.

And btw, you say "new ATH after each halving" - there was never a new ATH after halving. Bitcoin had ATH 1-2 years after halving.

How can you confidentiality associate Elon Musk to the reason why btc experience any significant growth? Am a bit shocked at your response.
Btc has done consecutive ath before there was ever Elon Musk and his mediocre tweets. And believe it or not, btc will record yet again another ath in the coming bull circle without him.
At times we've seen specific incidents pushing the market. Same as that previous time the market push happened when Elon Musk made few tweets. Further he tried to manipulate the market, but people are well aware and understood that Elon Musk is much focused on making money than supporting the market.

Bitcoin halving is scheduled to take place by 2024, we don't know what happens by the days close to halving. As the year is bearish, we can expect gradual rise in the price which might help with new ath.