Post
Topic
Board Bitcoin Discussion
Re: My greatest fear about Bitcoin Halving.
by
serjent05
on 09/02/2023, 22:01:43 UTC
Bitcoin halving is characterised by price boom and this is a general believe of some bitcoiners and members of this forum.
My greatest fear is; what if 2024 halving comes and go without any kind of bull run? Don't you think that there will be a serious problem and panic in the industry?
This is because 2024 halving is the greatest available hype that can move the market. Besides that, I don't see any possible wave that can move Bitcoin to a new ATH. Unless US government will have to make BTC a legal tender.

This feeling is almost the same during the year 2018-2020  when Bitcoin keeps on crashing.  Most of the Bitcoin holders cash out and got shaken during the price collapse but little that they know that Bitcoin will surge by the year 2021.  

The year before the halving of 2020,  there is also no sign of waves that can trigger Bitcoin to break its ATH but it happens in 2021 just like a natural course.  So I think, we don't have to think too much atm since adoption is still in the process and things will take their natural ways just like what happened in 2021, I believe Bitcoin will repeat the history of breaking ATH again.