Quote from: woez on September 27, 2023, 03:47:21 AM

I think that after the halving, the BTC price will not go up immediately but will still go sideways at first. This refers to LTC's experience some time ago and this can be used as a reference but is not the absolute answer. But, the main thing is that investors and others are optimistic because the moment they have been waiting for has begun.

How do you use references to altcoins like LTC to use as a reference for Bitcoin in terms of price changes? Because I think Bitcoin and any altcoin have very different movements in the market, so in my opinion this reference is still not suitable as a reference because Bitcoin always moves differently from other cryptocurrencies in the market.

Quote from: jasonjm on September 28, 2023, 11:42:02 AM

It has been observed in the past that the BTC price increased slightly after 3 months of halving. Major price hike occurs after 12 to 18 months of having. After the 2024 halving event, we will see the same trends repeating, but this time, because of institutional investors, I think we might see a pump to the new ATH a bit sooner than we previously observed. But before that, the chances are that the market will dip in the coming months.

I don't think that ATH will be seen any faster after the next halving is over, but it could happen if there are many investors who would be very happy to continue buying Bitcoin in large quantities. Because the encouragement from buying will have a greater effect on increasing the price of Bitcoin in the market when the next halving is over.

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Holding is the ultimate option for every crypto investor. At the moment, the $35k-$40k level seems far-fetched. The predictions are that the BTC price will not go past $30k, and we might see a dip below $20k before 2024 halving.

I think $30K is a reasonable price to expect this year for everyone, but I think a price drop below $20K could also be very difficult if market conditions remain as they are now. Because you can see how Bitcoin is moving from $26K to $27K slowly and that could give Bitcoin some resistance to get to $30K before the halving occurs next year.