Topic: Bitcoin could see a major rally in 2020 – here’s why (Read 156 times)

Plus, not only content with copy-paste, but also engaged in advertising. I think the guerilla marketing event should be limited in some way here. Otherwise it will become a place where only advertisers enter, but no one to advertise.

When the last halving occured, I was sitting in front of my computer, expecting something miraculous to happen.
But when the blockchain reached the barrier, nothing happened to the price. I was really disappointed.
The real rally happened during the months before the halving event, while after it nothing spectacular took place.
I would not be surprised if we see similar events in the next six months. History has a tendecy to repeat itself.

many people who came to join the bitcoin rally since the beginning of this year and now they bring their money to buy it bitcoin, at the beginning of the year we saw an increase in the price of bitcoin and it really looks what the experts predicted in this forum about bitcoin 2020, it seems like it will be a year where an explosion of people comes to bitcoin, although I'm not sure ATH is coming in 2020 at least it's true what it says will come after bitcoin halving around 2021

Although I know that the price of bitcoin was still unpredictable, I'm also hoping that this third time of bitcoin halving will do the same in the last halving bullish time. Each of us has goals on which the price of bitcoin can be reached and cutting profit as soon as we will see that there is. We are preferring on the historical price movement of bitcoin but if you have a take a short review on chart price it was pumped up after a few months later.

If this history of halving will be repeated, we can expect that there is a continuous accumulation from now on until the next halving will be done. In the future, they will likely speculate that the next halving has an important role in boosting the price of bitcoin. But as I have said this speculation will be the reason for this monumental rally.

Small profits will do an important role in reaching our specific goals before that halving happens. Somehow if bullrun will have to commence earlier of May or accurately on that month, I always expect there's a quick drop and then recovery comes after. Don't bear in mind that it's the major one, because if we won't see $20k per btc in May it won't be considered the best peak price ever.

Lol. That's something that's very noticeable. Though it does shed some light as to what happens when the halving takes place as a lot of people here probably have no idea yet that bitcoin exists during the last time it happened. My take is 50/50 historically, we should have a good run close to this period. Though looking back at the past two years, i'd prefer to get my expectations right. It's recent history versus history 5 years ago.

It looks like the article he/she insert here in the thread is a copy paste from other site because I have saw already this kind of article in some websites but I don't know where website it is. Bitcoin halving can really triggered the boost or rally of bitcoin value and other cryptocurrency like ripples and altcoins due to this prior event.
We already see that the rally of bitcoin and other coins right now is getting so much higher so it is good that the pump up of bitcoin especially the market graph right now is getting well due to the bitcoin halving event. Expect that this bitcoin halving will be the key to the next rally and bull run of the market.

All signals occurring in this industry points clearly that bitcoin to see a major bull run at least towards the month of May. As clearly we have seen slight increases in the price of bitcoin for the past 7 days but one thing that i fear is that this bull run might cut short as soon as the bitcoin halving occurs. So it's best to make sure you take some profits before the halving really occurs.

Thanks for copy-pasting articles from somewhere else,instead of going your own analysis.
Everybody is expecting the Bitcoin Halving to boost the bitcoin price,but they are partially wrong.
The Halving itself won't boost the BTC price,the hype around the halving will be the main force of boosting the value of Bitcoin.

Bitcoin investors are on high alert in anticipation of a Bitcoin rally in 2020, believed to follow the Bitcoin halving event. A halving occurs every 4 years, or 210,000 blocks, and has heralded bull runs in the past. Bitcoin experts expect a major Bitcoin rally in 2020 - here’s why.


What is a Bitcoin halving?
A halving, or ‘halvening’, is an event on the Bitcoin network that occurs every 4 years or 210,000 blocks. A halving is essentially when the miners’ reward for verifying transactions and creating blocks is cut in half. According to eToro, “a Bitcoin halving means that the rewards that Bitcoin miners receive for validating transactions are reduced by 50%. So, after the last halving event in 2016, the blockchain went from mining 3600 BTC per day to mining 1800 BTC. Following the Bitcoin halving date scheduled for May 2020, only 900 BTC will be mined a day.”

Since Bitcoin’s inception, the reward for mining has been cut in half twice. The original mining reward (back in 2009) was 50 BTC. It dropped to 25 BTC in 2012, and then to 12.5 BTC in 2016. The 2020 halving will see the reward drop to 6.25 BTC - which is still substantial.

The Bitcoin interest rate is also expected to drop - lower than the interest rates of developed countries like the United States, the United Kingdom, and Australia. The current interest rate sits at 3.9%, and will drop down to 1.95% following the halving event in May.

https://www.youtube.com/watch?v=cOvExiMqa2c&t=1s

Why can we expect a Bitcoin rally?
Bitcoin experts expect a major Bitcoin rally in 2020 - here’s why:

Although we don’t have much information to go on with regard to bull runs following halvings, things are looking promising. To be fair, there have only been two halvings in Bitcoin’s history, but each of them has heralded a Bitcoin bull run that eventually resulted in two seperate all-time-high prices at the time.

2018 and 2019 were fairly dismal years for Bitcoin. 2018 was particularly rough, with the coin beginning to rally in 2019. Investors have been holding with bated breath, waiting for the next Bitcoin bull run to hit and carry Bitcoin’s price over the record achieved back in December 2017.

Particularly for those who bought at the all-time-high, this next Bitcoin bull run could very well be a make or break situation. Wondering whether you’ll ever see ROI must be incredibly frustrating, but many analysts have suggested that Bitcoin could reach a $1 trillion market cap within the next couple of years, or around $50,000 per BTC. This would see even those who bought at the top, achieving a very impressive ROI.

https://twitter.com/cburniske/status/1119607130070372353?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1119607130070372353&ref_url=https%3A%2F%2Fcryptoslate.com%2Fprominent-investor-thinks-bitcoin-will-hit-1-trillion-capitalization-in-next-bull-market%2F

Historically, both the 2012 and 2016 halvings have heralded a bull run. The first bull run hit in 2013, and saw Bitcoin reach over $1000 (the ATH at that point in time). The 2017 bull run is most famous for achieving enormous price gains, all the way up to $20,089 per BTC - which has remained the ATH for the past two years.

https://www.youtube.com/watch?v=WOUZxG1JcGI&t=18s

When can we expect the Bitcoin rally?
Bitcoin experts expect a major Bitcoin rally in 2020, if we look at the historical evidence, it’s likely that we’ll already start to see price gains now. However, the bull run will probably only hit after the halving in May (the official date hasn’t been announced yet, although there are rumors that it will be on 13 May). This halving event could be what sends Bitcoin over the top. Aside from reaching a new ATH (which seems fairly probable), the halving could also spur mainstream adoption. In a ravaged global financial and political climate, people are starting to look for alternatives. Bitcoin’s performance following the halving could be an indicator to the general public that it’s something to be taken seriously. Without a doubt, the May 2020 halving will be a big one.

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https://www.etoro.com/blog/market-insights/bitcoin-could-see-a-major-rally-in-2020-heres-why/