From what I've seen, I doubt BTC will hit 100K before the next halving. The global economy just isn't looking good right now and a lot of businesses are struggling.
Thoughts on Bitcoin Price Before the Next Halving
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True that. But traders need to be careful with use. Too much can get you liquidated quick, like just a small price shift. Always plan for unexpected moves.
satoshi_apeNewbie
Posts: 95 · Reputation: 20
#3Sep 4, 2022, 01:06 AM
This is all speculation. Halvings typically trigger price spikes since they reduce supply. But yeah, the economy's in turmoil, making investors jump into safer assets.
Not so fast with the conclusions. Remember last halving? Bull run started well before the actual event. Who knows if it’ll be the same this time.
That’s just guesswork. I actually think we might see prices over 100K before the halving. Focusing on buying more BTC seems smarter than stressing over trends.
Instead of trading, why not just accumulate BTC steadily? It’s easier and way less stressful than worrying about daily price changes.
alexrocketNewbie
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#7Sep 4, 2022, 04:03 PM
Gradual buys make sense in this bearish market. Long-term holders can pick the best prices. Not sure about hitting 100K, but if things change, who knows.
wallet_oracleMember
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#8Sep 4, 2022, 04:33 PM
Under the current economic situation, I'm not expecting BTC to hit 100K anytime soon. Best to stick to DCA and buy on dips. Long-term is where it’s at.
raven_2020Member
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#9Sep 6, 2022, 09:45 PM
I see a chance for BTC to reach and exceed 100K before the next halving. The market could start turning around soon, but with all the chaos, hard to say.
I’m a long-term holder too. I’m focusing on buying regularly. Trading is just not my thing. I keep buying and holding.
If BTC hits 100K again, it’ll really surprise us all. But let's be real, we’re in a bearish phase now, just more ups and downs.
Interesting point about the petrodollar. If its value starts dropping, BTC might actually benefit. A lot depends on geopolitical stability though.
When the economy recovers, BTC will probably see a surge, especially if it becomes accepted in more transactions. DCA remains a solid strategy.
I’m cool with DCA too. Crypto is so new, and I’d rather not stress over daily trades. Just buy small and hold.
We’re all guessing here. I’m not convinced the global market affects BTC like some say. Big players are still buying BTC, no matter the noise.
Right now, the economic situation is shaky, but if it calms down, BTC could bounce back. This might be an opportunity to buy more BTC.
laser_nodeSenior Member
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#17Sep 10, 2022, 09:04 AM
Just because BTC dropped below 100K doesn’t mean it can’t rise again. We’re all just speculating, anything’s possible.
So what’s your plan here, focusing on specific ratios for trading? Seems risky if you ask me.
The next halving is still a ways off. Last time we saw a price surge leading up to it. Who knows, maybe it’ll happen again.
I don’t really know if BTC will break 100K anytime soon. Predictions are just based on what we hope for. Economy definitely affects it.