Post
Topic
Board Speculation
Merits 1 from 1 user
Re: Does bitcoin price increase after halving?
by
mehmetosman89
on 11/10/2023, 06:37:53 UTC
⭐ Merited by fillippone (1)
What is certain is that after the halving occurs, prices will not immediately rise as everyone dreams because the potential for a down trend after that is also very vulnerable and high. But, after that everything is normal Bitcoin will continue to break the previous ATH record where increasing interest grows upwards and most likely it could reach another record high again because many want to take advantage of the price swings in it.

The price decline after the halving will really be maintained by everyone and this may not last long in Bitcoin, especially if everyone believes that after the halving Bitcoin also has the potential to move upwards and create a new ATH. So the price decline after the halving may occur in a very short time because it is influenced by the interest and purchasing power of everyone who wants big profits after that.

So I would not worry at all about the price drop after the halving because after that there will be a more valuable moment in Bitcoin so that those who are still hesitant to buy Bitcoin at the price drop will feel regret for not taking advantage of that moment well enough. Now I'm not thinking about a new record that could happen to Bitcoin, but just thinking about how I can buy Bitcoin with the money I have from my work so far.