After a year of bear market and another year of slow growth, the momentum has been built for the bull run. Plus the 2020 halving will act as a catalyst. I am expecting a positive growth. But still bull run is not confirmed. Unless 9600 becomes the support from resistance, I won't call such an appreciation a bullish market. There was a major selloff at 9400. This needs to change.
Here is a need to atleast reach $10k mark before bullrun may happen. For now it's still challenging to move that far and create bull run as many are already happy in low gains now that be calm in waiting. They probably learn from what bull run or ATH effects before. 
Topic: 2020 Bitcoin halving!!! Bull run??? (Read 1242 times)
My hope is that in 2020 bitcoin can reach its ATH, so altcoin can improve and find its season if bitcoin is stable at high prices. We have been waiting for almost 2 years from 2018 to 2019 for the increase in bitcoin and altcoin at good prices. If so, we can trade by enjoying profits and in a more stable market situation than in the past years. It seems like for now almost everyone hopes as I expect.
After a year of bear market and another year of slow growth, the momentum has been built for the bull run. Plus the 2020 halving will act as a catalyst. I am expecting a positive growth. But still bull run is not confirmed. Unless 9600 becomes the support from resistance, I won't call such an appreciation a bullish market. There was a major selloff at 9400. This needs to change.
Honestly I'm again alive with what I am seeing now, bitcoin already trading at $8,000 after being down for months and stayed at $6K+ for awhile.
With the halving is happening in 126 days from now, if that bullish start we have now will continue, this should create a great price nearing the event.
I'm quite too optimistic but this is how people react when they saw bitcoin is moving bullish.
let's check this schedule again and again (https://www.bitcoinblockhalf.com/)
With the halving is happening in 126 days from now, if that bullish start we have now will continue, this should create a great price nearing the event.
I'm quite too optimistic but this is how people react when they saw bitcoin is moving bullish.
let's check this schedule again and again (https://www.bitcoinblockhalf.com/)
When the price makes this kind of sudden jumps everyone is excited! We don't need to rush with conclusions, Bitcoin price can change direction in seconds, we all know that. The halving day is approaching, many people expect miracles on that day, but we need to stay on the ground. We need to be satisfied with the current situation and this nice price increase we just experienced.
And it seems like everything was just a hype, after we touched $9K, now we are witnessing how the price continues to dump, trading now at $8400 but as of today, btc is still down in compared to the last 24 hours. We don't know if it will bounce again but for sure, when it bounce back to $9,000, we will again see the hype we saw and early this month.
Actually I am not in a hurry because regardless I will still hold and wait for a high price which is in my year ago.
I really think that people are too hyped about the halving and this is blinding them to the realities of the market and what it can achieve in a short amount of time
But that's how things have been all this time
Well, not about the halving specifically, of course, but just about anything crypto related. People get all worked up when the price first goes up and then goes down (it works in reverse order as good). As an illustrative example and in line with the thread topic, it can be claimed with a degree of certainty that virtually any bull run inevitably ends with a bull trap, and the higher the price rises, the deeper will be the trap. So even more people will get excited and blinded to "the realities of the market and what it can achieve in a short amount of time", as you put it
Honestly I'm again alive with what I am seeing now, bitcoin already trading at $8,000 after being down for months and stayed at $6K+ for awhile.
With the halving is happening in 126 days from now, if that bullish start we have now will continue, this should create a great price nearing the event.
I'm quite too optimistic but this is how people react when they saw bitcoin is moving bullish.
let's check this schedule again and again (https://www.bitcoinblockhalf.com/)
The price increase that we have seen during the last weeks is without a doubt promising but we should not let our guard down, for what I'm seeing there are several indications that the price increase that we are seeing is not going to last, maybe I am wrong but if I am not then I will not be surprised to see the price below 8000 again.With the halving is happening in 126 days from now, if that bullish start we have now will continue, this should create a great price nearing the event.
I'm quite too optimistic but this is how people react when they saw bitcoin is moving bullish.
let's check this schedule again and again (https://www.bitcoinblockhalf.com/)
I really think that people are too hyped about the halving and this is blinding them to the realities of the market and what it can achieve in a short amount of time.
Honestly I'm again alive with what I am seeing now, bitcoin already trading at $8,000 after being down for months and stayed at $6K+ for awhile.
With the halving is happening in 126 days from now, if that bullish start we have now will continue, this should create a great price nearing the event.
I'm quite too optimistic but this is how people react when they saw bitcoin is moving bullish.
let's check this schedule again and again (https://www.bitcoinblockhalf.com/)
With the halving is happening in 126 days from now, if that bullish start we have now will continue, this should create a great price nearing the event.
I'm quite too optimistic but this is how people react when they saw bitcoin is moving bullish.
let's check this schedule again and again (https://www.bitcoinblockhalf.com/)
When the price makes this kind of sudden jumps everyone is excited! We don't need to rush with conclusions, Bitcoin price can change direction in seconds, we all know that. The halving day is approaching, many people expect miracles on that day, but we need to stay on the ground. We need to be satisfied with the current situation and this nice price increase we just experienced.
Honestly I'm again alive with what I am seeing now, bitcoin already trading at $8,000 after being down for months and stayed at $6K+ for awhile.
With the halving is happening in 126 days from now, if that bullish start we have now will continue, this should create a great price nearing the event.
I'm quite too optimistic but this is how people react when they saw bitcoin is moving bullish.
let's check this schedule again and again (https://www.bitcoinblockhalf.com/)
With the halving is happening in 126 days from now, if that bullish start we have now will continue, this should create a great price nearing the event.
I'm quite too optimistic but this is how people react when they saw bitcoin is moving bullish.
let's check this schedule again and again (https://www.bitcoinblockhalf.com/)
The crypto industries and communities has been quite expecting the upcoming bitcoin halving with much hope of another bull run coming up after the bull run failed in 2018 through 2019 now we all looking at the 2020 with the halving as an excuse to trigger the bulls to start running 🏃.
I personally is not putting much expectations on this, no one should fall for the hype. After what happened to the litecoin halving this year, I Don't expect too much from bitcoin.
Too many eyes on bitcoin now, too many interests are more reason why you shouldn't expect so much from the next halving. There will definitely be a bullish move but not as much as we anticipate or what most analysts has predicted.
The next bull run will come unexpectedly all you need to do is stay focused.
2020 is 2 days away trade and invest wisely. 2018 was hell to many investors don't be part of the sad story next year.
Happy new year in advance
I personally is not putting much expectations on this, no one should fall for the hype. After what happened to the litecoin halving this year, I Don't expect too much from bitcoin.
Too many eyes on bitcoin now, too many interests are more reason why you shouldn't expect so much from the next halving. There will definitely be a bullish move but not as much as we anticipate or what most analysts has predicted.
The next bull run will come unexpectedly all you need to do is stay focused.
2020 is 2 days away trade and invest wisely. 2018 was hell to many investors don't be part of the sad story next year.
Happy new year in advance
This halving will decrease bitcoin inflation to that around the USD. I expect a nice bull run right before, but then about 6 months after. $35k is the lower end of my range here.
And we might see a slight plummet after the halving since the market community will sure be full of FUDs and FOMO.
The crypto industries and communities has been quite expecting the upcoming bitcoin halving with much hope of another bull run coming up after the bull run failed in 2018 through 2019 now we all looking at the 2020 with the halving as an excuse to trigger the bulls to start running 🏃.
I personally is not putting much expectations on this, no one should fall for the hype. After what happened to the litecoin halving this year, I Don't expect too much from bitcoin.
Too many eyes on bitcoin now, too many interests are more reason why you shouldn't expect so much from the next halving. There will definitely be a bullish move but not as much as we anticipate or what most analysts has predicted.
The next bull run will come unexpectedly all you need to do is stay focused.
2020 is 2 days away trade and invest wisely. 2018 was hell to many investors don't be part of the sad story next year.
Happy new year in advance
I personally is not putting much expectations on this, no one should fall for the hype. After what happened to the litecoin halving this year, I Don't expect too much from bitcoin.
Too many eyes on bitcoin now, too many interests are more reason why you shouldn't expect so much from the next halving. There will definitely be a bullish move but not as much as we anticipate or what most analysts has predicted.
The next bull run will come unexpectedly all you need to do is stay focused.
2020 is 2 days away trade and invest wisely. 2018 was hell to many investors don't be part of the sad story next year.
Happy new year in advance
This halving will decrease bitcoin inflation to that around the USD. I expect a nice bull run right before, but then about 6 months after. $35k is the lower end of my range here.
And we might see a slight plummet after the halving since the market community will sure be full of FUDs and FOMO.
The crypto industries and communities has been quite expecting the upcoming bitcoin halving with much hope of another bull run coming up after the bull run failed in 2018 through 2019 now we all looking at the 2020 with the halving as an excuse to trigger the bulls to start running 🏃.
I personally is not putting much expectations on this, no one should fall for the hype. After what happened to the litecoin halving this year, I Don't expect too much from bitcoin.
Too many eyes on bitcoin now, too many interests are more reason why you shouldn't expect so much from the next halving. There will definitely be a bullish move but not as much as we anticipate or what most analysts has predicted.
The next bull run will come unexpectedly all you need to do is stay focused.
2020 is 2 days away trade and invest wisely. 2018 was hell to many investors don't be part of the sad story next year.
Happy new year in advance
I personally is not putting much expectations on this, no one should fall for the hype. After what happened to the litecoin halving this year, I Don't expect too much from bitcoin.
Too many eyes on bitcoin now, too many interests are more reason why you shouldn't expect so much from the next halving. There will definitely be a bullish move but not as much as we anticipate or what most analysts has predicted.
The next bull run will come unexpectedly all you need to do is stay focused.
2020 is 2 days away trade and invest wisely. 2018 was hell to many investors don't be part of the sad story next year.
Happy new year in advance
This halving will decrease bitcoin inflation to that around the USD. I expect a nice bull run right before, but then about 6 months after. $35k is the lower end of my range here.
Halving is coming soon but I'm not really confident that shows a bullish trend. May others are so optimistic about this but we also realize that the market is totally different from the past years. And yes, we can't give assurance that it leads to having a positive response from the investors and may help to uplift the downfall trend. Cause everything may change and knows how the market behaves differently makes no way that halving will drive to be bullish.
Previous halvings didn't have effects on the price right after the halving, only after some time, to be accurate 6+ months, we saw the the price rising. I think we will have similar situation this year, after the halving minimum 6 months is January 2021, it the time when bitcoin price will have some significant increase, everything before that will be classic volatility in this range where are we now, between 7 and 9 thousand dollars. I'm sure that next year we will see the price rising over 10k, but that will be just temporary.
To much expectation coming and people want to see some immediate increase since for sure they have lose more money from the unexpected long streak of bearish market and hopefully all of this predictions are right so that we have time to recover the loses we encounter for the past years, And I believe to many people get anxious by now since market still striking them down.
You know the reason why, don't you..
The market struggles for more or less 2 years and that's look enough for our expectation to recover but it's still not happening.
Now we have a chance with this halving HYPE, let's make it real and bring bitcoin back to the moon again.
I miss the MOON and HODL which was very popular way back, now.. most are just worries.
That is pure fundamental and sentiment analysis. Many opinions in the cryptocurrency market that keep saying that the bitcoin can have a strong upward move after the halving. It is just their prediction and we should not fully rely on it. Yes the feature will be improved but we are still do not know if there will be an effect to the supply and the demand of the bitcoin in the market.
It's true, many Bitcoin users use their emotions and wishes when making analsys instead of reasonable thinking. That is why many results of such analsys are exaggerated and don't have connection with comon sense.
Also, every event connected with Bitcoin, like halving they see as magic that will push Bitcoin price to some huge price. At the end result is usualy disappointment.
That is pure fundamental and sentiment analysis. Many opinions in the cryptocurrency market that keep saying that the bitcoin can have a strong upward move after the halving. It is just their prediction and we should not fully rely on it. Yes the feature will be improved but we are still do not know if there will be an effect to the supply and the demand of the bitcoin in the market.
It's true, many Bitcoin users use their emotions and wishes when making analsys instead of reasonable thinking. That is why many results of such analsys are exaggerated and don't have connection with comon sense.
Also, every event connected with Bitcoin, like halving they see as magic that will push Bitcoin price to some huge price. At the end result is usualy disappointment.
That is pure fundamental and sentiment analysis. Many opinions in the cryptocurrency market that keep saying that the bitcoin can have a strong upward move after the halving. It is just their prediction and we should not fully rely on it. Yes the feature will be improved but we are still do not know if there will be an effect to the supply and the demand of the bitcoin in the market.
Give positive effect for bitcoin halving because many investor have claimed bitcoin will go to the moon when halving come, I will invest with bitcoin now and sell after bitcoin halving before one week. Every four year bitcoin halving time give effect for bitcoin have higher price but when you not really trust with bitcoin halving just wait and see about bitcoin and altcoin price.
I'm sure the naysayers will come up with yet another narrative for why the next bubble is "fake" too
Fake or not, as long as we can make dough, it's okay with me (more or less). With that said, though, what makes you think that the previous bubbles were not "fake" enough? Willy the Bot or Bitfinex the Tethers doesn't cut it, or what?The price action. Take the 2013 bubble. It started going parabolic around $12. After the bubble popped, the price never returned below $150.
If all that demand were "fake" then why did price never return to $12 and below? Clearly between 2013 and 2015, real demand had increased significantly to keep prices so high
I mostly agree with this observation
I had been sticking around back in the day. In fact, I got to know crypto since October 2013 (due to Coinbase ads all over the place), and I'm 100% sure that I was not the only one who became aware of Bitcoin around that time (as it had been only about Bitcoin at the time). So the 2013 rally was definitely due to explosive demand, some part of which stayed after Billy had kicked the bucket
You can run the same exercise with the 2017 bubble. If it were "fake" then why is the market trading at $7K right now? Why not sub-$1200, or $0?
This is where I tend to disagree
If we analyze the price action in 2015-2017, we will see that Bitcoin started to rise in the fall of 2015 from below 200 dollars. Then halving had come, and the real price action began in late 2016 and early 2017, i.e. before Bitfinex started to pump the market with tethers. And in late 2018 we crashed to lower 3k's, basically to square one if you ask me (read, we shouldn't really take current prices as a point of reference)
I disagree. Real buyers meeting real sellers on the order book is as real as it gets. That's real price discovery, which is all that matters
You don't know if the demand is real. Besides, even if it is, it doesn't mean that the growth is not speculative in and of itself, which is what makes it a bubble
I'm sure the naysayers will come up with yet another narrative for why the next bubble is "fake" too
Fake or not, as long as we can make dough, it's okay with me (more or less). With that said, though, what makes you think that the previous bubbles were not "fake" enough? Willy the Bot or Bitfinex the Tethers doesn't cut it, or what?The price action. Take the 2013 bubble. It started going parabolic around $12. After the bubble popped, the price never returned below $150.
If all that demand were "fake" then why did price never return to $12 and below? Clearly between 2013 and 2015, real demand had increased significantly to keep prices so high.
You can run the same exercise with the 2017 bubble. If it were "fake" then why is the market trading at $7K right now? Why not sub-$1200, or $0?
Ask me and I'll tell you that any bubble is inherently fake.
I disagree. Real buyers meeting real sellers on the order book is as real as it gets. That's real price discovery, which is all that matters.
I'm sure the naysayers will come up with yet another narrative for why the next bubble is "fake" too
The most important thing is that it should be in the first place
Fake or not, as long as we can make dough, it's okay with me (more or less). With that said, though, what makes you think that the previous bubbles were not "fake" enough? Willy the Bot or Bitfinex the Tethers doesn't cut it, or what? Ask me and I'll tell you that any bubble is inherently fake. Also, I've heard rumors that a certain NYAG is looking into this matter now, apart from the two class actions filed on essentially the same assumption. Or should I better say accusation? As they say, what goes around comes about
Yes, exponential run-ups are always "fake" to some extent because after certain point like 40% of the slope people turn their thinking off. First it's all about analysing the charts, not going all in, taking profits, but once it's up 500% and you were taking profits every 50 you go all crazy. I'm not saying "you" in particular but most people. They sell their houses and take loans to get more money to exchanges thinking that it's going to be up 100% next week and then another 100% after that.
Does that mean we shouldn't count all time highs? No. Does that mean there won't be another ATH? No! Fake doesn't erase that it happened and that it will happen again because of how people are.
I'm sure the naysayers will come up with yet another narrative for why the next bubble is "fake" too
The most important thing is that it should be in the first place
Fake or not, as long as we can make dough, it's okay with me (more or less). With that said, though, what makes you think that the previous bubbles were not "fake" enough? Willy the Bot or Bitfinex the Tethers doesn't cut it, or what? Ask me and I'll tell you that any bubble is inherently fake. Also, I've heard rumors that a certain NYAG is looking into this matter now, apart from the two class actions filed on essentially the same assumption. Or should I better say accusation? As they say, what goes around comes about
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