Post
Topic
Board Speculation
Re: What is going to happen with Bitcoin now?
by
fuguebtc
on 11/05/2024, 13:56:00 UTC
I have seen that after this Bitcoin halving, the price of Bitcoin has decreased a lot.
Do you want Bitcoin to continue to rise and never go down? If that is what is desired, then it will never happen given the normal ups and downs of movement.
The price after the halving is like the current market price is boring, but we will enter a new price history which will be the highest price above $100k.
Before the halving, Bitcoin had several times reached prices that exceeded the previous ATH. If you compare Bitcoin's current price of $63k with the price before the halving, I think the current conditions are still good.

Yeah, I still don't see anything too serious happening, although bitcoin has corrected in the past 1 month, the bitcoin price is still high and not too far from the ATH it created before. As a bitcoin investor, we all know that bitcoin is very volatile and compared to previous dumps, this correction is small, insignificant. But I don't understand why the OP thinks it's serious.

I guess before investing, OP did not carefully learn about the history and volatility of bitcoin and he mistakenly thought that the bull season would come immediately after the halving. Currently, he is feeling disappointed and depressed because things are not going as he thought.

But whatever, OP, we are getting very close to bull season, I hope you can get through this period, don't give up now if you don't want to regret it later.