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What Happens to the Entire Market After the BTC's Halving? by josediccus

View this thread on: hive.blogpeakd.comecency.com
· @josediccus ·
$21.34
What Happens to the Entire Market After the BTC's Halving?

![1000323839.png](https://files.peakd.com/file/peakd-hive/josediccus/23wgPfXxizUKbWpzkZtrox6Z7yyHW77nAT3b6uS8UVaDagJs8oUSntxqxSKavBMDvUDVc.png)


<hr>

It's that time of the market when you're not exactly sure what's happening. It is no longer a bear market, but it is also not a fully fledged bull market. This is the market cycle's most extended period. Longest in the sense that psychologically people can not wait any longer; they have waited years during the *FUD* and dip, and waiting for another 10 to 12 months now feels exhausting, especially since BTC has given them hope, but not enough to show that the market is truly in a bull cycle. 


## Waiting is a difficult process. 

One of the most difficult things to accomplish. If you think waiting is easy, you have not experienced a situation in which you are running out of time and the item you are waiting for is not forthcoming. Many people are glued to X (Twitter) and Google for updates, but it is disappointing that they will have to return to their daily lives, problems, and whatever else they have been doing during the bear market.


 However, it is incorrect to assume that the ETF FOMO will outweigh the halving, but I believe that one of the reasons people did not begin counting down to the BTC HALVING is because of the ETF. However, excitement is beneficial in these circumstances. In 2020, I did not think people were as excited as they are now in 2024, but 2021 went on to arguably become the most iconic bull market in history. 




So, we are going to have this massive buzz about the ETF and the Halving, even if many people think it is all a fluke. The ETF was not a fluke, after all. Regardless of its original intent, it generates a lot of interest, which drives the price up. So I believe the halving will have the same effect, but it will be minimal and nothing out of the ordinary. This means that BTC may only reach 75k or 78k by the end of April; I do not expect it to go higher, but each day brings the market closer to its all-time high, which is good. 





## Can We Do Better Than 2021?


> **It remains to be seen**


Many people are attempting to correct previous market mistakes by heavily preparing, which is good, but it also causes market anxiety, making people more prone to making mistakes. Hive was founded in 2020, and many people migrated to Hive from Steemit, even transferring their assets from Steemit to Hive. This created a massive buying opportunity for Hive, and many people were extremely positive about Hive, which contributed to it reaching 3.4$ during the last bull run.



## What About Hive? 

 For Hive, the main difference between now and 2024 is that many people are not staking as much as they were in 2020, but the products we have now are better. Splinterlands is currently struggling with their decisions and choices, which may not end well. However, if everyone builds as the population did in 2024, we may double our previous ATH, but we do not have this collective building. There is not the same level of collective motivation that we had following the hostile takeover of Steemit.



 Whether you like it or not, the hostile takeover was a dark horse for Hive's success in 2021, and if we can replicate some of that behavior, we will be successful again. 


### Speculation & Predictions Is All We Currently Have

However, all of this is speculation, and the market has the ability to prove anyone wrong at any time. I hope the market proves me wrong and escalates beyond expectations. However, I believe there is an element to the market that no one is currently predicting, and we do not seem to understand what it is. I believe that the next cycle will differ and that unexpected events will occur.

 As is always the case, there will be winners and losers, because not everyone who is intentional and prepared will succeed. The halving is just over two weeks away, and we will soon see what happens to the entire market, not just Bitcoin. 








<hr>

<hr>


> **Interested in some more of my works**



<hr>


<hr>

##### [Is it Easy To Make Money?](https://peakd.com/hive-167922/@josediccus/is-it-easy-to-make-money-)


##### [Nigeria: A Unique Business Market & Industry](https://peakd.com/hive-167922/@josediccus/nigeria-a-unique-business-market-and-industry)


##### [Virtual Bank Apps In Nigeria: An Experience Of Gamification](https://peakd.com/hive-167922/@josediccus/tfgktsjk)



##### [How To Find The Next "BIG" Meme Coin](https://peakd.com/hive-167922/@josediccus/how-to-find-the-next-big-meme-coin)


##### [Personal Finance: Achieving Intentional "Saving" Goals](https://peakd.com/hive-167922/@josediccus/snyczgol)



##### [Playing The Survival Game: Human Nature In Introspection](https://peakd.com/hive-167922/@josediccus/playing-the-survival-game-human-nature-in-introspection-rufcp3)



##### ["Un-PAYING" The Debt You Owe](https://hive.blog/hive-167922/@josediccus/-unpaying-the-debt-you-owe)



<hr>


![png_20230102_074302_0000.png](https://images.hive.blog/DQmeV2CFmYVojVvzuFv3ZDySDqjEg2qXhfJNTjmmi5uCTss/png_20230102_074302_0000.png)













 

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@depressedfuckup ·
$0.07
Everytime I see a post about the market these days, I get excited. Especially about the halving so close!

> Waiting is a difficult process.

Yhp. Iโ€™m conflicted on whether I should just use my small fortune to trade the little ups and downs weโ€™re seeing these days or ignore the noise and hold to only take real profits at the peak of the bull. Itโ€™s very tempting watching the highs and lows and resistant the urge to make some quick bucks. 

> Hive was founded in 2020, and many people migrated to Hive from Steemit, even transferring their assets from Steemit to Hive. This created a massive buying opportunity for Hive, and many people were extremely positive about Hive, which contributed to it reaching 3.4$ during the last bull run.

This right here. Iโ€™ve been very skeptical on the possibility of Hive hitting the $3 peak again because of this. I feel we wonโ€™t see a buying pressure like the one that was fueled by people migrating from Steem to Hive during the fork. Essentially, we might not hit that $3 mark again. Not in this bull market anyways. I am 100% positive we definitely will do over $1 though, because I believe Hive is genuinely current undervalued, because like you mentioned, thereโ€™s been a lot of innovation since the 2021 ATH. 
๐Ÿ‘  
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@josediccus ·
> This right here. Iโ€™ve been very skeptical on the possibility of Hive hitting the $3 peak again because of this. I feel we wonโ€™t see a buying pressure like the one that was fueled by people migrating from Steem to Hive during the fork. Essentially, we might not hit that $3 mark again. Not in this bull market anyways. I am 100% positive we definitely will do over $1 though, because I believe Hive is genuinely current undervalued, because like you mentioned, thereโ€™s been a lot of innovation since the 2021 ATH.

It's a collective work, we collectively did it in 2020. Folks we have now don't want to do anything other than just sell off everything they have. Plus, I ended it with saying that it's all speculation. Even steemit that experienced massive selloffs still did relatively well even when we forked from it. Some people choose steem they're selling off all the Hive they were airdropped. Hive should manage to do well, it's always proven doubters wrong. I still expect 3$ though nothing more than but this is certainly doable. 
It's just important that people keep at least 50% their stake rather than selling it all off. It helps. 
Salute to those building and supporting others and holding their stake at least till the market is matured enough
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@depressedfuckup ·
$0.03
True. Steem doing well (almost as well as well as Hive if not better) came as a surprise to me. As someone pointed out weeks ago, itโ€™s an innovation-dead zone now, and itโ€™s interesting itโ€™s still holding up the price it is right now. Then again, as the legacy chain and the first of itโ€™s kind, the name is probably whatโ€™s keeping it afloat.

As for people selling their stake now, itโ€™s more than likely going to be a period of regret for them when we see the actual bull market. Whatever price we hit, it definitely will be better than what Hive is currently worth now, thatโ€™s for sure.
๐Ÿ‘  
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@djbravo ·
The market will go up and then down for some time, so those who are wise will buy now and hold for a year because next year is going to be the best year for crypto. 
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@hivebuzz ·
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@jfang003 ·
$0.06
Waiting is definitely hard. The markets are unpredictable so trying to guess when is tough. I do think that the pattern might not be as high this time around. I expect prices to go up but I just think it gets harder for exponential increases as the market cap gets higher too. Relying on things on leverage also causes huge volatility too.
๐Ÿ‘  
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@josediccus ·
Trying to guess when is tough, but we know that the speculations thrive in this period of the market. I also expect prices to go up, but I'm hoping because hope is what we mostly have these days.
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@mypathtofire ·
$0.06
That seems like a fair prediction for the Bitcoin price. I think how high bitcoin goes could also depend on if the Fed pivots or not. There are some wild predictions out there right now, but I wonder where the bitcoin price will really go.
๐Ÿ‘  
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@josediccus ·
$0.02
Yeah, a lot depends especially when it comes to how far BTC goes, all eyes on the FEDS. I like to see how the halving pan out, a lot of people as are putting wild predictions for after the halving. You're right, that's are generally crazy price predictions out there.
๐Ÿ‘  
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vote details (1)
@oadissin ·
The market will certainly react to this news.
As a small capital token holders, I will be patient and observe the trends on the chart to put in action my plan whether prices surge or violently crash.
Thank you for sharing this interesting situation of the market after such waited event on the BITCOIN market.
Regards
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@practicaleric ·
$0.05
Great write up. Most analysts are expecting a surge in BTC after the halving. They are predicting a bullish 2024/2025. If BTC  goes up, altcoins are most likely to follow suit. Only time will tell how high we go but at the moment do expect higher prices.
Thank you for sharing, stay blessed and enjoy a wonderful weekend ahead :}
๐Ÿ‘  
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vote details (1)
@josediccus ·
We're all basically expecting a surge, but the market has acted in ways which we haven't predicted in many ways. At this moment we can only hope
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@precab ·
$0.06
There are predictions everywhere that there is high tendency that the bitcoin price and the crypto market generally might surge up in price after the bitcoin halving. Some say the bull run might kickstart fully, well we are looking at how everything will eventually plays out. Let's be quite optimistic 
๐Ÿ‘  ,
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vote details (2)
@josediccus ·
A lot of people are saying many things and it's all probably speculations at this point and the market will do it's thing very soon
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@rafzat ·
$0.03
But how do we get more people to stake Hive? Is it by inviting new users to Hive since people ainโ€™t staking that much?
๐Ÿ‘  
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vote details (1)
@josediccus ·
Well, it's a personal thing, can't force another human to act in a certain way
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@the-lead ·
Bitcoin's price is rising, but it's unclear if it's a full bull run yet. Upcoming Bitcoin ETF and halving events could boost prices, but some are cautious. Hive may struggle to repeat its past success and move to even more than $1 if possible. Overall, it takes time and patience and I believe we can expect the unexpected because anything can happen with a short while.
properties (22)
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@thebighigg ·
$0.06
I think we will see a pull back after the halving, probably a good buying opportunity followed by a nice run. Just me guy feeling...

I'm worried about Splinterlands too, they are getting too "creative" and it's starting to feel like Russian roulette.

I guess all we can do is wait and see...
๐Ÿ‘  
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vote details (1)
@josediccus ·
I'm as worried as you for splinterlands. Players seems to be losing faith with this changes upon changes. It's unpredictable and almost feels like nothing is certain with splinterlands. 

I believe in you that we might see a dip and a run after the halving and I wish I had the money to make some just ape in buy some to make a little profit.
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