Topic: Approximately 384 Days until the next Bitcoin halving - page 3. (Read 550 times)

All of us do really wait up for this prestigious event on Bitcoin which is the halving on which we do really have lots of expectations and positivity towards it because we know that bull run do comes
after that and this is why people do really have that impression and anticipations that it could happen once again after the bull run.Well, its not really that something assured but we've seen the history.
We are all excited for this upcoming halving event which would be in next year.Lets see if it would be giving out some significant positive effect on the market or not.
But im not really that expecting that much though.

Really much and much
I am likely missing so much this having.
Although it is still a year later, I am quite sure that we can survive again. Now, Bitcoin halving becomes our first target because this is commonly the period where the bullish era may be upcoming. Btw, aside from that, I am curious about the new ATH that will be reached. I am wondering will become 100k like the previous prediction.
However, whatever it is, we must earn from the previous period after having, to be more ready and utilize every chance to take profits before losing chance and getting bearish very soon again.

People is I think done with those scenarios as the market is climbing back slowly and regaining a good strength for past couple of days. And also once the halving days nearly comes for sure many investor are slowly packing up some bitcoins for them to hold since we always see this pumping once this event happen. For now eventhough green light is on in the market I still believe that its good to accumulate slowly by slowly so that we will have funds for good times to happen and will not left by the train. Its hard to get FOMO when bull run is already happening.

This is another way to look at things. If we keep this point of view, then i think 15,800$ is already the bottom which market hit for this bull market and now the market will recover. The only reason the market can go down below this level is there is another black swarm event resulting in a big dump in price.

By the way, i think it is not the bull phase but an accumulation phase which may last for many months. We have seen this in the last two bull markets, and it seems that history will repeat again.

For me, the bull run will start as soon as the bitcoin hit its all time low in this bear market. This will mean that bitcoin cannot go below this level and we may see slow recovery towards the upside. Initially the recovery will be slow but after the halving we may see the real surge and bitcoin breaking the all time high and making new highs.

But isn't it the recovery or the bull run will start after the block halving? So definitely everyone should be excited about the this activity for bitcoin enthusiast. So technically, we are still in the bear market, so even if we have seen the spike in the price this month, still very far from what we are expecting in a real bull run come 2024/25.

But the thing is with this current situation, not too late to accumulate as we have a full year to save and stack BTC and then continue to HODL.

@molsewid - you don't need to wait, you can still do DCA for this price and store up.

Yes, honestly I am not yet excited to the halving since I don't have any bitcoin yet I think I need to accumulate more and more bitcoin and other crypto. If market recovers and my assets before goes back to its value maybe I will convert it all to bitcoin. I am just hoping that before halving there will be market recovery first. But for now I will try to save more for me to buy bitcoin little by little.

I think it will depend on how bitcoin is going to behave by the end of 2023. If bitcoin cross some upper levels yet above 30,000$ and 40,000$, I guess the real bull run which should drive BTC to a new ATH won't take too long to start, so it could happen still in 2024. To have ATH in 2025 only, I believe bitcoin should have a poor performance in 2023, what so far isn't happening and I hope it won't!

I believe most of us are eagerly waiting for Bitcoin halving since it is a sign for a possible Bitcoin rally.  Almost every Bitcoin-halving event, the market are getting hyped because of the thinking of getting less supply from the mining activity.  Aside from that Bitcoin-halving is always followed by bitcoin price uptrend activities which end in breaking the old ATH and creating a new one.



Many are anticipating that the new ATH will possibly happen in 2025 so yeah, the expectation may create hype and possibly a market pump.

I don't have doubts that there is certainly going to have a bull run by 2024. But I think it's better to expect it not during the halving but after the halving period of time. And much better to compare it for most of the past bull runs wherein, the bull run took place after a year of the bull run.
2016 halving ~> 2017 bull run
2020 halving ~> 2020 bull run
2024 halving ~> 20?? bull run

I am assuming that 2025 will be the greater year than of 2024 but, it's very highly likely that we also see the pumps for most of the crypto market by that year.

This is more or less reminder to the amazing minds that worked behind the strategy of mining algorithm. Just wow to them how they planned it long ago with limited resources and only power of their minds nothing more nothing less. Just look at the figures and how they are creating lower supply each 4 years thus increasing the demand for it. The thought about their strategies behind amazes us. Happy upcoming halving. This year is gonna be interesting one.

But at the same time, it was larger in pure value.
If we go with percentage, yes, it's 14x, 4x, so maybe 1.3x but if we go with value, then we have $19000, $49 000 so maybe $80 000 which will indeed look closer to your expectations of $120k. I wish people would stop looking at the 200x increase in the last ten years and realize that those times will obviously not repeat themselves, at least not on such small intervals as a decade.


Certainty? History has a habit of not repeating itself just when people expect it to do the most.
The was a certainty that bitcoin will never go below the previous cycle and yet, history was made, so there is no certainty in something that is going to happen in one year! Highly possible, yes, but not guaranteed!

After this month January, many bitcoiners believe in a turnaround in the bear market. The current month is the strongest monthly gain since October 2021, almost +40% for bitcoin. The current phase could also be seen as a preparation for the halving and new ATH, which many believe in. I am of course watching the coming months and the higher the price more likely the ATH will be after the halving.

I've always seen halving as a reliable indicator of good things. I do think that the next couple of halvings aren't enough to make people (or miners) permanently panic, though. Even after the one after the next it's still over 1 BTC and if price goes along with long-term trends I expect that single BTC reward to still be plenty incentive.

But yes. I am looking forward =)

Some facts I'd like to remind you guys about:
- during previous cycles price before the halving was already high enough (although not really close to ATH). Last cycle it was around $10k (and I guess there was a short-lived pump to as high as $14k?). For this cycle it would mean we'll reach at least $35-40k.
- halving had already been priced in, before the actual halving happened
- previous cycle was somewhat shorter than the previous ones (you can forecast the trend?)

So I guess you have guessed already - I'm quite bullish atm and for the short-middle term. This is not a financial advise. DYOR. 

The last bull run was smaller than the one that came before it in terms of relative increase in peaks. $1,300 -> $20,000 -> $69,000 ->

I'd be happy if the bull run that will come after the next halvening will peak at $120,000. But that's still 6 times higher than now, and it's a tremendous result for 1-2 years of growth. So people should definitely be accumulating now, just don't miss out on the chance to sell high when the bull run will start.

There's certainty that there's going to be a bullrun in the year 2024 during the halving period but before that time comes, we are not sure of the exact month this may fall into but likely within the first four months of the year 2024, also there's going to be a high volatility in bitcoin price whereby we may experience dip and bull at the same time especially when getting close, the more our chances of making profits if we invest now on bitcoin and hodl for the next bullrun targeted on the coming halving, which means there's no fear for missing out no matter how when that time comes.

People see bitcoin's past halving performances as "evidence". But once everyone expects the same exact thing to happen though, that's when things end up moving differently. Maybe the price increase would come far sooner, far longer in the future, or maybe not at all.

the main reasons are that industrial mining farms do not pay bills by the week or month, using coin they mined that week or month. they have better business models that that silly whimsical game of cat and mouse bill paying game..

they pre-buy electric contracts for 6-24 months(ahead) at a fixed rate, meaning better bulk purchase prices than normally offered to monthly bill payers

this means the 2022 residential electric price rises have not affected the industrial miners YET
so their cost average is still at early 2022 electric levels of the industrial grid prices

how they account their BTC cost is not done as a weekly/monthly event either
they know they will continually mine for a couple years at X rate electric. and their hardware they run for a couple years before selling second hand to then buy new gen efficient equipment. so they work in periods of 1-2 years depending on contract deals

so they calculate their costs at the start of the 1-2 years. and they then see how much coin they accumulated after 1-2 years and THEN set their cost per coin of that allotment.

they are not selling the coins they just mined. they sell the previous periods coins (deflation means they profit by selling older coins first)

so this is why, even though their coin production halved in:
2012 the markets didnt shift until 2013
2016 the markets didnt shift until 2017
2020 the markets didnt shift until 2021

Bitcoin halving is always much anticipated because of the potential high in bitcoin price that follows up. Those that buy low now and have been patient all along will reap the fruits of their patience soon. The wanting that comes to not missing out on the bull run should not pressure one to lend money to buy BTC. Research and findings will be very much needed when the need to invest in BTC  against the bull run comes.