Quote from: enwi on May 14, 2024, 09:20:35 AM

When we look at the history of bitcoin price movements after the halving, the price usually increases, but this year it seems very different, the FOMO that bitcoin gives traders means that the price of bitcoin has already made a new ATH before the halving occurs. If we still follow the history of bitcoin price movements, it is possible that next year there will be a bullrun and bitcoin has the potential to reach a new ATH again.

Even if Bitcoin price usually increased, there should be a correction. It is impossible that Bitcoin price will constantly increase after the halving. Moreover Bitcoin has reached the new ATH before halving, it should take time to increase again. Mostly, Bitcoin price will have the time for a correction and sideways if it just hits a new ATH. This is actually happening now, Bitcoin price looks hard to increase significantly again. The price looks a bit stable, it doesn't move massively in the last few weeks. This is normal, we shouldn't be so worried.

We are already in the bullrun season, mate. Wink

What we are waiting for is the peak of Bitcoin price. We assume there will be another ATH. Most people predict it will be in the next year. But some people think it can be faster, they expect to see another ATH in Q4 of this year. Whatever the prediction, no one really knows when Bitcoin hits a new ATH.

Quote from: Promocodeudo on May 14, 2024, 02:14:11 PM

It is normal for newbies to have the mindset that Bitcoin will have a possible pump during or immediately after halving but the reality becomes the unexpected to them because the fail to understand that Bitcoin possess a switch of mood at all time.

Newbies who learn the cycle, they must understand when the Bitcoin price will increase again after the halving. Newbies who think the price will increase soon, they may not learn anything about the previous halvings.

Sure, Bitcoin price will always fluctuate every time. But it sometimes fluctuates massively when there is a hype and good news. The price fluctuate isn't only caused by the halving.