Quote from: $weetne$$ on January 23, 2024, 05:41:29 AM

Bitcoin dip below $40,000 yesterday which most people thought was going to be the support or lowest price of the market as we were all bullish after Bitcoin ETF got approval from the security & exchange commission. The price of Bitcoin has recovered to trading above $40,000 but it might dip again therefore I'm writing this thread to advice the forum members not to panic. I haven't been too long in the industry as I started my journey recently but during my research and comparing Bitcoin prices before and after the halving, I noticed Bitcoin has never crossed the ATH before the halving but many people are thinking it'll do that this year rather I noticed that it always dips before the halving and that what is happening to the market therefore we shouldn't not be alarmed, this is what happens always from the history of Bitcoin and history always repeats in the market. Lets be guided and don't lose faith as the market is only dipping not crashing.

I have seen 2 halving already and yes this is a normal scenarios to expect dumping before or just after halving so indeed that we only need to deal with it in short period of time most specially now that we also have other flavor and that is the approval of Bitcoin spot ETF and with all those we might see or witnessed different approach from the market when bull market comes.

Quote from: spectre71 on Today at 04:57:53 AM

This isn't a crash, this has nothing to do with the halving. Read the news people.

Lot's of people are selling and redistributing. This money will come back in via ETF, but slowly. Big boys move slow.

thanks for sharing this and clearing that this is not crashing and indeed because the market now seems recovering and look we now stands 40k again.

https://coinmarketcap.com/currencies/bitcoin/

be ready to what will come in the next coming days.