Quote from: Promocodeudo on Today at 06:52:19 AM

Quote from: Rabata on May 19, 2024, 08:11:13 PM

Quote from: tengui on May 18, 2024, 10:48:09 PM

right, before the halving the price of bitcoin reached an ATH in the range of $73k, and maybe after the halving you and most people thought bitcoin would reach a much higher ATH. but in reality it is not like that because after the halving begins the price of bitcoin tends to fall and stabilize. When this thread was created maybe $100k seemed very achievable, but for now and in the near future $100k looks very difficult to achieve. We'll see until the momentum of this halving ends, whether Bitcoin can reach $100k or not.

There is no guarantee that the Bitcoin price will go up immediately after the halving, but the market will gradually turn bullish. Regardless of the Bitcoin price every four years cycle will see large fluctuations in supply due to halving. We may currently see 70K or a bit lower but Bitcoin is slowly gaining strength. It may show a bullish movement this year or next year. I believe that by next year 2025 bitcoin will cross 100k price and may even go up to 150k. Moreover, many investors are entering the market through which the investment has increased especially effects of ETFs.

Although halving is an event that must take place in everything 4 years in the Bitcoin setting but one thing is for sure, it is not certain that the price of Bitcoin will experience an immediate noticeable appreciation, personally I didn't experience the last halving because I was not part of the community then but I know about Bitcoin not necessarily as an investor, since I understand that Bitcoin price is not stable I don't panick about any price at a given period of time because the market is been controlled by the influx of investors, when the demand is high it is expected to pump, when the demand is low due to the market corrections the price is expected to decrease and this is common in any volatile asset, despite that the price of Bitcoin is unpredictable, as events are unfolding, is more likely that we may be heading to a price that's is higher than 100k but we can't tell the exact time but with the look of things we are almost close.

You will just get surprise of the outcome when bitcoin reach that but for now its hard to predict on when this huge price appreciation would happen. But at least right now we can see that its slowly starting to happen. Its just there are other people believe easily on the fuds and think about that the hype already end and that is the high what bitcoin reach for this year then dump there assets without hesitation. That's why its not really good to get panic and we need to understand the situation well since bitcoin is volatile asset and those price prediction would really be achievable especially that bitcoin is gaining a lot of attention globally. We maybe heading at higher than $100k but for sure its hard to guess on when this event will happen. But for sure the six digit figures which a lot of people predicting will come at its just we need some patience and good understanding about the potential of this coin since for sure everything will take place and if we believe then hold for sure all of us will get rewarded.