Post
Topic
Board Speculation
Re: Bitcoin has never pass ATH before halving but it has always dip don't panic.
by
armanda90
on 01/02/2024, 21:40:33 UTC
Only a newbie would panic in the current situation. We are in a great position, the price is quite high, the ETFs have been approved, the halving is just a few months away, what else could we ask for? I'm trying to buy a little more whenever I can, and if it goes down to $36-37k I'll try to buy even more, it would be a good news! I don't think we'll ever go below $30k again.
Give us benefit when having many people panic for selling their bitcoin after drastically drop since ETFs approval announcement, have buy back when bitcoin get correction under $40k last several days and no doubt with bitcoin potential in the next time halving left few months later. However viewed of some opinion about bitcoin have moment raise to highest price after halving but its not problem for me keep accumulate and hold bitcoin until halving time arrive and looking the bitcoin potential will raise higher price or need waiting after halving with bitcoin on the top price.

I have the opposite view on the market compared to you, I believe we will soon see the market recover and grow again next February. Because the halving is believed to be a strong catalyst for bitcoin's price increase, it was chosen as the reason and will help market makers create new stories to seek to attract newbies, and new money flows into the market. Like how they created the ETFs story to push bitcoin to $48k and then profit.
At the end last month bitcoin more dominance with correction and I have the same opinion with you about February is moment for bitcoin recovering raise to higher price. Left two months before halving actually get close potential bitcoin easily recovery and raise more than last month highest price to $47k.