BITCOIN HALVING COUNTDOWN IS ON – WILL CRYPTO PRICES RISE? - page 3.

ginsan

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Quote from: Davian144 on September 22, 2023, 07:44:39 AM

Because in the previous halving everyone has seen how people can make a profit through Bitcoin, it makes sense for everyone to look forward to the next halving next year and hope that it will be very different from the previous halving. Especially in terms of getting better profits because so far almost everyone has seen and felt the price correction in Bitcoin so that next year there are many people who are pinning their hopes on better returns through the halving moment.

Yes, you can convince yourself to see a significant increase ahead of the halving next year. I say that to strengthen our confidence to continue holding Bitcoin and expect a big change in the value of our portfolio. In fact, we have entered the end of Q3 but it is clear that the BTC price is having difficulty breaking through $30k after the correction in recent weeks. Out there or on social media, many people express their predictions/analysis about BTC prices when the halving occurs.

BTC will be more valuable in the future because after the halving occurs miners get smaller rewards than before. So the readiness to wait for the halving is to accumulate BTC at every stage of the decline, even like the current situation where making purchases is of course quite the right time.

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Basically, market behavior does not have to be the same every time a halving occurs, but an increase in prices after a halving seems to be a necessity for miners to survive in this industry. After the halving, miners will earn less rewards than before, which means their income will be shared during the halving. If bitcoin is not more expensive, then it is clear that miners will have difficulty carrying out mining activities because the costs incurred are not wort it with their income.

So in conclusion, halving should support bitcoin price increases, but ATH is not mandatory. I would love if ATH could be hit after the halving, but ATH is not the only target to get returns from investments.

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Quote from: lombok on September 22, 2023, 09:16:09 AM

Halving? Bitcoin and crypto prices will rise? Absolutely and I am very sure of that.

The BTC halving hype will certainly bring fresh air for BTC to recover its price level by level. I am sure that in the next few months or time BTC will continue to rise and print its new ATH. Just like the previous halvings. At least history will repeat itself and that moment will always be there in every subsequent halving.

Even as we prepar for the next year Bitcoin halving, we have to make some near accurate speculation around the current price condition of bitcoin taking into accounts, the possibility that is available in the current market condition to set the tone for the anticipated bitcoin halving, and the current advantage is that Bitcoin price is currently at a market level were most investors can take a hand full for discounted price.

Unlike some months ago when the price of Bitcoin was around 45k-50k which was relatively a high price for many investors, in preparation for the next halving Bitcoin has currently presented us with a discounted price of around 27k and we can and should take a bold step to prepare our bags by starching more bitcoins against the next year halving.

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Halving increases the scarcity of bitcoin more than before, which makes miners less profitable because of the reduction in block rewards. So if the bitcoin price cannot match the miners mining costs, they will stop their mining operation or change their mining network. This is not the only reason that will cause the price of bitcoin to rise, but this is enough for me to convince myself that at some point the price of bitcoin will rise after halving.

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Quote from: Vaskiy on September 21, 2023, 08:14:22 PM

Based on the previous halving the price have started to bounce from that point. The move have slowly progressed from the price around $8500 during the month of May 2020 and it had reached the peak price of around $69000 by November 2021. In between there is price fluctuations as well as bearish move and different things took place. Same as that we can expect the price of bitcoin to grow high after the days of halving. Until then we can expect the price to move in the similar pattern as now.

Predicting future events by watching the past is like saying that since the US dropped an atom bomb on Hiroshima, they'll do it again in a few decades. It can happen but what are the chances?

I'm 100% sure that we will at least attempt to break the last ATH this halving, so buying bitcoin at 26k is like a sure thing for me. It just can't go any other way but up in the next 12 months and even if we won't reach any of those predictions like 100k, 200k, 1m and so on, we will for sure have a bull run aiming to break 60k. It can fail, but there's just no way bitcoin won't be worth more than 30k next year, so if you aren't buying it, you're just too scared and you don't understand it.

YOSHIE

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Quote from: djquimoso on September 21, 2023, 05:14:23 AM

Certainly, the upcoming Bitcoin halving event in 2024 has generated significant excitement and anticipation within the cryptocurrency community, and your assessment of its potential impact on the cryptocurrency’s price is well-founded. Read more at

What if the halving doesn't happen in 2024, instead it shifts to the following year, shifts from every four years to every five years, what do you do......!
And what do you expect regarding the halving phenomenon that will occur in Bitcoin, have you bought it now, usually we keep talking about halving but not many people keep it, regret always comes at the end of the event.

We have often seen various speculations about Bitcoin from time to time, in essence: do something for yourself before the Bitcoin halving happens, so that you don't regret it in the future, remember that once the halving occurs, rich people will increase, for those who understand it.

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Halving? Bitcoin and crypto prices will rise? Absolutely and I am very sure of that.

The BTC halving hype will certainly bring fresh air for BTC to recover its price level by level. I am sure that in the next few months or time BTC will continue to rise and print its new ATH. Just like the previous halvings. At least history will repeat itself and that moment will always be there in every subsequent halving.

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Quote from: ginsan on September 21, 2023, 05:23:38 PM

The halving is highly anticipated by many bitcoin holders because they have many high hopes, whether it is approaching the halving or after the halving. I remember during the last Halving where they expected prices to rise when the halving occurred but in fact it happened after 1 year later. Even so, Halving is always the most anticipated moment because it occurs once every 4 years.

Because in the previous halving everyone has seen how people can make a profit through Bitcoin, it makes sense for everyone to look forward to the next halving next year and hope that it will be very different from the previous halving. Especially in terms of getting better profits because so far almost everyone has seen and felt the price correction in Bitcoin so that next year there are many people who are pinning their hopes on better returns through the halving moment.

Quote

On the other hand, a strong push for growth related to demand will certainly be something that can cause an increase in the price of Bitcoin. However, it is difficult to predict whether Bitcoin will print a new ATH before the Halving or after the Halving. But the most important thing is that we have Bitcoin in our portfolio, even though the increase will occur after the Halving, we can enjoy the profits that come our way.

I have confidence that a more significant increase in prices will occur after the halving, although this could very well happen before the halving, but I am just more confident that this can happen after the halving. Although it is still difficult to predict whether Bitcoin will print a new ATH again after the halving, or will only be below the previous ATH price. Because if demand can continue to grow before the halving occurs, I think the potential for price increases will be easier to occur and could even be greater than before.

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Your discussion is confusing. Bitcoin should be discussed as Bitcoin. By using cryptocurrency for this discussion, I think you want to discuss about altcoins such as, in my guess, will altcoins rise because of Bitcoin halving effects?

It is too broad question, assume it is what you are discussing. Altcoins from previous years will struggle in next bull run. Very few of them can rise amd most of them are dead coins. They can not rise if developers abandon those projects to create new ones and join new trends in 2024, 2025 bull run.

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It is surely an open secret that after bitcoin halving the price is expected to increase and go pass the previous ATH but when this will happen after the day of halving is not known by anybody. It is still under speculation to know this for such but with the history of the having, the previous ATH has not been broken during the time of halving but after halving. So for now, based on your topic question I don't expect a rise of crypto before bitcoin halving, that rise is historically expected after halving.

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Quote from: djquimoso on September 21, 2023, 05:14:23 AM

Certainly, the upcoming Bitcoin halving event in 2024 has generated significant excitement and anticipation within the cryptocurrency community, and your assessment of its potential impact on the cryptocurrency’s price is well-founded. Read more at https://cryptonews.soundtrip.store/bitcoin-halving-countdown-is-on-will-crypto-prices-rise/

No rise it crashes burns and ends for us all.

Fun while it lasted

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Quote from: Oshosondy on September 21, 2023, 05:23:56 AM

If we should use past halving to analyze and conclud, after some months after bitcoin halving, the price if bitcoin will increase. After a more than a year, bitcoin will increase more and reach all-time-high. I do not think we need to read any article about it, it is what we all know on this forum. After 2024 halving, be expecting bitcoin price to increase.

It's probably not just months, we'll probably see bitcoin get to another ATH after halving in a year or more because last halving, bitcoin took it's time to get to another ATH. That's not a bad thing that it's going to take a long time to get to another ATH because that means that we're going to have plenty of time to stock up on bitcoin and hopefully hodl it until our desired price pops up and hopefully make a considerable profit.

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Based on the previous halving the price have started to bounce from that point. The move have slowly progressed from the price around $8500 during the month of May 2020 and it had reached the peak price of around $69000 by November 2021. In between there is price fluctuations as well as bearish move and different things took place. Same as that we can expect the price of bitcoin to grow high after the days of halving. Until then we can expect the price to move in the similar pattern as now.

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Quote from: taufik123 on September 21, 2023, 05:25:02 PM

https://www.talkimg.com/images/2023/09/21/6eUl3.png
https://www.blockchaincenter.net/en/bitcoin-rainbow-chart/

Couldn't help but comment about this rainbow chart. I know it mostly about fun, but I remember the price breaking below it probably twice last year. Also, last year's dump all the way to the $15K zone was the first time Bitcoin dropped below a Previous bull run's all time, which was $20K thanks to the Luna Collapse, FTX collapse and so many different exchanges and projects filling for bankruptcies.

So there is always a first time for everything. Things could be a little different this time round, and I am open to whatever might happen.

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Will crypto prices change when Halving happens?
Of course, we can see how the history of Bitcoin when Halving occurs every 4 years.

A little or a lot of halving will have an impact on the price of Bitcoin.
We can see, that before Halving Bitcoin did experience a sharp decline because many people wanted the price of Bitcoin to be cheaper.

But when Halving has occurred the price starts to crawl up and reaches the new ATH.
When the 4th Halving in 2024 occurs it will reach a new ATH of around $100k more and this will be my main target next year.

Those who are able to survive and not panic about the decline in Bitcoin price, will get comparable benefits.
It's just a matter of time and eventually, new ATH will be minted again.

https://www.blockchaincenter.net/en/bitcoin-rainbow-chart/

ginsan

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Quote from: Davian144 on September 21, 2023, 04:57:13 PM

Quote from: djquimoso on September 21, 2023, 05:14:23 AM

Certainly, the upcoming Bitcoin halving event in 2024 has generated significant excitement and anticipation within the cryptocurrency community, and your assessment of its potential impact on the cryptocurrency’s price is well-founded. Read more at https://cryptonews.soundtrip.store/bitcoin-halving-countdown-is-on-will-crypto-prices-rise/

It is very natural that there are many people who are excited to welcome the Bitcoin halving next year, because most people are also starting to reflect on the previous Bitcoin halving which could provide significant changes to its price in the market, making many people start making anticipation as a preparation before the halving comes.

I am also quite happy with the Bitcoin halving moment, although it is not yet certain whether next year's Bitcoin halving will be better than the previous one. But we can all see from the excitement and anticipation that many people have for this that there is a possibility for Bitcoin prices to increase when there is a feeling and encouragement from many people to continue buying Bitcoin before the halving time comes next year.

The halving is highly anticipated by many bitcoin holders because they have many high hopes, whether it is approaching the halving or after the halving. I remember during the last Halving where they expected prices to rise when the halving occurred but in fact it happened after 1 year later. Even so, Halving is always the most anticipated moment because it occurs once every 4 years.

On the other hand, a strong push for growth related to demand will certainly be something that can cause an increase in the price of Bitcoin. However, it is difficult to predict whether Bitcoin will print a new ATH before the Halving or after the Halving. But the most important thing is that we have Bitcoin in our portfolio, even though the increase will occur after the Halving, we can enjoy the profits that come our way.

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The price pattern of Bitcoin history shows that Bitcoin halving is the catalyst for the Bitcoin market bull run, so it is observed that Bitcoin price will rise after Bitcoin halving. Since there is a lesser incoming supply, the pressure on the demand will be weaker. With weaker pressure on the demand it will be easier for the Bitcoin price to go up plus the psychological hype of Bitcoin supply getting scarcer may also play which can trigger FOMO if used well by the market influencers.

Davian144

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Quote from: djquimoso on September 21, 2023, 05:14:23 AM

Certainly, the upcoming Bitcoin halving event in 2024 has generated significant excitement and anticipation within the cryptocurrency community, and your assessment of its potential impact on the cryptocurrency’s price is well-founded. Read more at https://cryptonews.soundtrip.store/bitcoin-halving-countdown-is-on-will-crypto-prices-rise/

It is very natural that there are many people who are excited to welcome the Bitcoin halving next year, because most people are also starting to reflect on the previous Bitcoin halving which could provide significant changes to its price in the market, making many people start making anticipation as a preparation before the halving comes.

I am also quite happy with the Bitcoin halving moment, although it is not yet certain whether next year's Bitcoin halving will be better than the previous one. But we can all see from the excitement and anticipation that many people have for this that there is a possibility for Bitcoin prices to increase when there is a feeling and encouragement from many people to continue buying Bitcoin before the halving time comes next year.

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Quote from: djquimoso on September 21, 2023, 05:14:23 AM

Certainly, the upcoming Bitcoin halving event in 2024 has generated significant excitement and anticipation within the cryptocurrency community, and your assessment of its potential impact on the cryptocurrency’s price is well-founded. Read more at https://cryptonews.soundtrip.store/bitcoin-halving-countdown-is-on-will-crypto-prices-rise/

Hype and interest would surely becoming even more stronger as the Bitcoin halving day would approach on which it is something that would really be might happening and basing up into those previous halving then this had been the common set up or behavior but expect that bull run would kick in after several months after post-halving thing which its already the main thing on where crypto people are really that expecting but of course you wont really be making out assurance because we cant really be able to tell whether this upcoming bull run would really be that significant or making huge move compared with the past or not or doesnt really have
any bull run at all. Tongue

The thing that you should mind now is on how you would really be accumulating on coins which does have the potential and of course Bitcoin would be on the main list. Im also considering on stashing some
altcoins too in my bag on which it would really be that having the potential on additional add up on the time that the market would really be kicking in.
We are all anticipating for such event on which it would really be just that normal that positivity and being optimistic which these things would take play.

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Quote from: Baofeng on September 21, 2023, 03:56:52 PM

My wild and educated guess, at least $100,000 as the benchmark for a new all time high. But don't quote me on that, as it is just some prediction on my end, just some numbers that pop up in my mind.

But as what others have explained, yes in the past halvings, it just shows that after some months, the bull run will start and right after a year, we might have double the last ATH already. But it's just the start as it could still continue up to 2025 last quarter and established a new ATH for this block halving.

I am also predicting or say speculating at a price beyond the 100,000$ mark at least that would be the like a double of the current all time high. The new price will probably be witnessed around mid 2025 since the bull run is at its peak almost a year after the halving period has occurred. The only thing that can affect this from repeating it self is some conditions surrounding the market like exchange news and other regulations which could also have there own impact on the the market too

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