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.
Yes, exactly. Even though we got the latest ATH before the halving happened, it doesn't mean that after the halving the price will continue to rise, just look when the halving happened the price actually fell even though now the price of bitcoin is slowly showing a positive trend. . The point is that there is no guarantee that Bitcoin prices will immediately rise after the halving. We need time to achieve this. Moreover, with such previous halvings, we will enter a bullish condition even after several months of the halving.
Currently observing the rise and fall of the crypto market shows how quickly things change. Recent incidents of misinformation remind us that external factors can change things. In crypto, strategic and informed trading is not an option, but a necessity. Always remember that caution is as important as ambition here. Stay alert, diversify, and let's face this unpredictable market together, and it is not impossible that the price of bitcoin will reach $100k by the end of this year. The point is that we still have to prepare from now on, increase our in-depth understanding of Bitcoin and continue to carry out DCA because that is the key.