Quote from: TheVeteranAngel on February 26, 2024, 05:00:02 PM

I have read often times that price of BTC usually dump before the halving and pick up after halving but it's looking as if there is going to be an exception to this rule this year now that Bitcoin ETF has already been approved and lots of instructional buying going on.

With BTC constantly going up and as we approach March I'm just few days? Do you think we are going to see any major corrections before the halving?

I see distance now it is obvious that Bitcoin is increasing with that experience in having so therefore the price of Bitcoin May reach to a point or a value that we will not believe that this is the price of Bitcoin currently because the price is jumping from one particular figure to another figure so it is unbelievable that Bitcoin will hit this particular price of seventy thousand [70k], this current price without experiencing halving...maybe before halving it will reach one hundred thousand [100k] as I portray before now, and I think bitcoin may reach such value.

Quote from: philipma1957 on February 27, 2024, 01:31:07 AM

well 8 months early is interesting . I am fine with the early It think we did the first ATH for 2020 around dec 17 2020. so 8 months early is April 17 2024 we go past 70k.

works for me.

It's good to have a foresight in cryptocurrency especially bitcoin, your comments when bitcoin price was at range of fifty thousand to fifty six thousand [50k/56k] is what is happening in bitcoin price right now, that is while I do encourage whosoever that is bitcoin investment to think very well and also make a proper before coming out to the public to make a prediction of bitcoin, but a comment you made before is what bitcoin is into currently.

Quote from: adaseb on February 27, 2024, 05:08:52 AM

Yeah when I saw on twitter the $57K price I assumed it was a type because we were at $54K a few minutes prior. I go and check and of course after the close we pump to almost $57.5K.

No idea why we pump at NY close. Something tells me that the etf flows are leaked and if it’s a strong number they want to get in before the NY open because they assume that the market will be bidding for bitcoins at the open, pretty much what happened today.

That's to say that bitcoin doesn't have a particular price you can rate bitcoin, and also the market of bitcoin is unpredictable from my understanding, so therefore, I believe that price of bitcoin is rotational, right now the price is at seventy two thousand [72k] and I believe that the price will continue to rise except their is a side information that can affect the market.

Quote from: peter0425 on February 27, 2024, 06:13:00 AM

Quote from: TheVeteranAngel on February 26, 2024, 05:00:02 PM

I have read often times that price of BTC usually dump before the halving and pick up after halving but it's looking as if there is going to be an exception to this rule this year now that Bitcoin ETF has already been approved and lots of instructional buying going on.

With BTC constantly going up and as we approach March I'm just few days? Do you think we are going to see any major corrections before the halving?

You have posted to early because just after your post bitcoin crossed 56k now and your title seems to be odd because if bitcoin will be having correction then that will be more low that 53k at least below 50k but for me there might not be happening because this time we may experience different scenario than what we had in the past.

as of now the price of bitcoin is seventy two thousand and it may reach tomorrow the price rise above the seventy two thousand its right now, so what I want us to understand is the price of bitcoin interchanges and is not stagnant or constant at particular value, so bitcoin price is something we don't have to think that as you see it now so shall it remains, it the market determine especially when the demand is high and the supply is lesser.