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/biz/ - Business & Finance

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58348009 No.58348009 [Reply] [Original]

The price will crash by 50% for the halving, won't it?

>> No.58348062

>>58348009
No it won’t. The ETF issuers need to make their commissions. A 50% dip would permanently scar every ETF holder and they would never touch crypto again.

Too much money at stake right now. No chance the Blackrocks of the world allow BTC to dip that much

>> No.58348096

>>58348062
cope

>> No.58348127

it will

>> No.58348137

>>58348009
Of course not ;)

>> No.58348195

>>58348009
50% is too much, maybe 48K max

>> No.58348213

>>58348009
They’re gonna cut it down to about 50-60 then buy up their dip and get 70 for the halving

>> No.58348741
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58348741

anything can happen and we cannot control it
we can only await our destiny with fear and little knowledge of what will happen to our wallets
I just hope my MUMU at least survives the storm, may god protect you brother

>> No.58348801

God I hope so. I have 3x my portfolio on the sidelines just waiting for the dip

>> No.58351046

>>58348009
It will crash 20% from top, people will think it's going to be 50% and that will be all.

>> No.58351055

>>58348009
Yes, it's called the halving because the value of your portfolio halves.

>> No.58351117

>>58348009
Rewards half price doubles

If price halfs after halving miners would only get 25% of previous income lol

>> No.58353479

>>58348009
mining cost of BTC after halving will be around 60k, if it dumps to 40k it will be set up for god candle. But yes, it will obviously dump on halving day, halving does not directly cause pump, it sets BTC up for pump - mining price goes up, mining slows down, together with ETFs there may actually be OTC BTC shortage which would be direct cause of god candle, 50% dump and following buying pressure could add to shortage possibility.

>> No.58353485

>>58348009
Wall of worry

>> No.58353501

>>58351117
mining not being as profitable is bullish for the price.

>> No.58353511

the halving is nothing , sure it's part of the ecosystem and obvious the miners sell out helps move the market.

But what really moves the market is trading , halving has nothing on trading, you people dumb as fuck

>> No.58353769
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58353769

50k coming by end of May

>> No.58356011

Maybe there will be a good drop as always in previous cycles, but 50% is too much

>> No.58356114

>>58353511
u people? negro plz