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Topic: Bitcoin Halving cycle - page 4. (Read 653 times)

legendary
Activity: 3444
Merit: 10537
September 27, 2023, 09:53:08 AM
#17
Ever since COVID pandemic with its recession, the predictability of the market has significantly diminished because the so called "cycles" trend was effectively broken. If you look at the chart, in 2019 we are seeing the repetition of the same 4-year cycle trend but with the pandemic starting it is stopped and then it crashes before it can turn into a full scale rally. Half of 2020 is bear market which is completely against the "projection".
Long story short, in a normal cycle price should have been half way to 6 digits already. But instead we are still stuck in $20k-$30k levels.

This is why I think the rallies will happen somewhat similar to before but the size of them are unpredictable so we can't know whether it is going to get to $200k as you mentioned in OP.

P.S. The first chart is a very interesting way of representing the cycles, thanks for sharing.
member
Activity: 324
Merit: 22
September 27, 2023, 09:00:04 AM
#16
The world is a completely different place than at the last having. The world and markets are going to crap. I am going to keep on like the halving doesn't mean anything. I'll see it when I see but if the ETF guys add enough market cap we can add some stability but not too much as to squash volatility.

Those ETF guys are collectively smarter than us and if not still have the money. This may be the last horaah of the big 2 or 3x jumps. The market slumps they buy. Blackrock could write a check for the whole crypto space.
hero member
Activity: 854
Merit: 539
★Bitvest.io★ Play Plinko or Invest!
September 27, 2023, 08:23:04 AM
#15
The Bitcoin Spiral: Halving cycle is interesting. It summarizes past cycles, the current one and future ones as well. With multiplier x10 between two consecutive circles, it is easily to see Bitcoin growth through some cycles but with slower growth rate for future halving cycles, I think we will have to wait some more halvings to see Bitcoin price reaches $1M.


Cycle repeat from Charts.bitbo.io has a price projection for Bitcoin next bull run after 2024 halving. I know projection is not correct but let's see how the projection is. According to it, if the historic cycle repeats itself, a next all time high can be around $180,000 to $200,000 in late of 2025, about one year and a half after 2024 April halving.

The progress of 2024 halving is about 85% done. The latest block is 809,891 and a block where halving happens is 840,000. Counting down only 30,509 more blocks till the 2024 halving.

The informations are well explanatory on the chart as shown by OP from his contents, bitcoin halving is the most awaited event everyone anticipated to see come to pass just because of the bullrun the follows it, we have a record of the past events with bitcoin market price and the halving even on several occasions and now that we are on the fourth again, it's another opportunity for every investors to get possible opportunities well they are well positioned to experience this coming next year, the key to participate in them is to invest and hodl.
hero member
Activity: 896
Merit: 645
September 27, 2023, 05:42:12 AM
#14
Too much people are betting on the fact that the same will happen historically.

So I'm betting:

1. Halving comes
2. We dump
3. We sideways chop for a good amount of time
4. People realizing that the same won't happen, hence dump
5. We pump once weak hands leave
Don’t really get what you mean by Sideways chop in your point 3.

On the count of point 4. I would have imagined it’s  possibility but, I don’t think there would be any significant dump. Maybe a few 3k-4k dump as, the market will seek to offload the one time profit seeking investors. Clearly, I don’t see those guys to be of any benefit to the crypto ecosystem but, they still do there bit in pushing price towards an expected quota and bring the idea of the possibility of a price range.

I don’t what to be in the what if but which ever condition the halving plays out, a pump is eminent.

Quote
but, I'm going to have some dry powder ready
Be sure not to blow it in the direction of the wind else, the breeze will blow it right back at your face, lol!
hero member
Activity: 882
Merit: 540
September 27, 2023, 02:24:16 AM
#13
The most awaited event right now. If you really deep dive into the history of past Bitcoin block halvings, you will see that it clearly shows that the price of Bitcoin will be somehow above the lows months before the block halvings. As months before the Bitcoin block halvings is the best time to accumulate Bitcoin, just my 2 cents.

The price stability we are witnessing in Bitcoin is also because majority of investors are mature enough to wait for the halving coming up next year. We saw few dips in price due to some news but price is recovering back towards 30k. Previous halving show that Bitcoin price goes up after few weeks of halving not immediately. Price of Bitcoin is still low and good for accumulation.  
mk4
legendary
Activity: 2716
Merit: 3817
🪸 NotYourKeys.org 🪸
September 27, 2023, 02:23:07 AM
#12
Too much people are betting on the fact that the same will happen historically.

So I'm betting:

1. Halving comes
2. We dump
3. We sideways chop for a good amount of time
4. People realizing that the same won't happen, hence dump
5. We pump once weak hands leave

I'm not putting heavy money on this, but I'm going to have some dry powder ready.

Same cycle with different moments in time. In my opinion, point 2 and point 3 have the most potential to occur after point 1 is formed from this cycle pattern and Bitcoin prices may not appear pleasant. Yes. we have to be prepared, but at least it will be a benchmark and a moment that many people have been waiting for.

I'm on my phone so I can't check the charts currently, but #2 and #3 frequently happens if I remember correctly. It's the #3 part (and a longer chop than usual, probably) that will I think make step #4(hence #5 after)occur.
legendary
Activity: 2226
Merit: 1249
September 27, 2023, 02:11:57 AM
#11
The most awaited event right now. If you really deep dive into the history of past Bitcoin block halvings, you will see that it clearly shows that the price of Bitcoin will be somehow above the lows months before the block halvings. As months before the Bitcoin block halvings is the best time to accumulate Bitcoin, just my 2 cents.


The halving is definitely on the horizon and in everyones radar now...along with a
Blackrock Spot ETF approval!

We have seen before a market rise within the 6 months before the halving followed by
a slump after the event itself.  It has taken the best part of a year after that for maximum
growth to be achieved.

Now - throw into the mix an approved Blackrock Spot ETF - what does that do to the cycle?

I think there could be supply v's demand issues...
sr. member
Activity: 1316
Merit: 268
★Bitvest.io★ Play Plinko or Invest!
September 27, 2023, 02:10:21 AM
#10
The most awaited event right now. If you really deep dive into the history of past Bitcoin block halvings, you will see that it clearly shows that the price of Bitcoin will be somehow above the lows months before the block halvings. As months before the Bitcoin block halvings is the best time to accumulate Bitcoin, just my 2 cents.

You're right there. That's why, in times like this, there are many communities that take advantage of the events so that they can save as much as they can; in fact, they don't want to be left behind in the double halving of Bitcoin. Here they are again.

And with the coming Bitcoin halving or bull, as far as I can see, there are many who are already prepared for this matter. But honestly speaking, I envy people who are at least middle-class because, for sure, people like them who believe in Bitcoin will get richer in the future because of their holdings. I just hope that my accumulated bitcoin will also help a lot in the future or in the coming halving until you finish.

full member
Activity: 504
Merit: 198
My privacy, my right.
September 27, 2023, 01:39:48 AM
#9
The progress of 2024 halving is about 85% done. The latest block is 809,891 and a block where halving happens is 840,000. Counting down only 30,509 more blocks till the 2024 halving.]
The feeling is usually strong for me whenever I think about the next bitcoin halving and there's no other right time to start accumulating ahead of the halving and the bull run other than from this time as the count down is really drawing closer with each dawning day.

I have a hunch that the prospect in the figures projected by many bitcoin experts about the bull run just after it's halving may not be achieved as a lot of expects but I have no fear that the next ATH will be something we all be grateful for when compared to the previous.
hero member
Activity: 1722
Merit: 801
September 27, 2023, 12:42:27 AM
#8
5. We pump once weak hands leave
Bitcoin will pump parabolic after weak hands are out but they don't leave voluntarily but they will be killed with forced liquidations by their greed positions with Leverage, Margin and Futures.

I don't hope anyone will be killed by liquidations and lose their money, have their life harder but it's what happen on the market. I hope or don't hope, it can not change what's going on the market and basic psychology of the market cycles

full member
Activity: 882
Merit: 215
#SWGT PRE-SALE IS LIVE
September 27, 2023, 12:22:01 AM
#7
Too much people are betting on the fact that the same will happen historically.

So I'm betting:

1. Halving comes
2. We dump
3. We sideways chop for a good amount of time
4. People realizing that the same won't happen, hence dump
5. We pump once weak hands leave

I'm not putting heavy money on this, but I'm going to have some dry powder ready.

Same cycle with different moments in time. In my opinion, point 2 and point 3 have the most potential to occur after point 1 is formed from this cycle pattern and Bitcoin prices may not appear pleasant. Yes. we have to be prepared, but at least it will be a benchmark and a moment that many people have been waiting for.
mk4
legendary
Activity: 2716
Merit: 3817
🪸 NotYourKeys.org 🪸
September 27, 2023, 12:02:49 AM
#6
Too much people are betting on the fact that the same will happen historically.

So I'm betting:

1. Halving comes
2. We dump
3. We sideways chop for a good amount of time
4. People realizing that the same won't happen, hence dump
5. We pump once weak hands leave

I'm not putting heavy money on this, but I'm going to have some dry powder ready.
legendary
Activity: 1288
Merit: 1491
The first decentralized crypto betting platform
September 26, 2023, 10:39:22 PM
#5
What hides me most is the accelerating pace of hacking. If we continue at the same pace, most of the platforms will be hacked and go bankrupt in the coming months, which will lead to the cycle being dumped before $100,000 as what happen after FTX.

Fucking hell! It's the first time I've seen a prediction based on future hacks, but the way we're going doesn't look very promising and it seems to make sense that if hacks continue to occur, news of them will negatively affect price.

The list is very long https://hacked.slowmist.io/

Quote

The total amount of money lost by blockchain hackers is about

$ 30,934,292,291.24

Total hack events 1207

I don't quite see this 'blockchain hackers' thing, I think the name is misleading, as the blockchain has not been hacked, but rather the bitcoins stored in cold wallets.
legendary
Activity: 1582
Merit: 1284
September 26, 2023, 10:32:48 PM
#4
Cycle repeat from Charts.bitbo.io has a price projection for Bitcoin next bull run after 2024 halving. I know projection is not correct but let's see how the projection is. According to it, if the historic cycle repeats itself, a next all time high can be around $180,000 to $200,000 in late of 2025, about one year and a half after 2024 April halving.
Expectations indicate this, but to be sure, let us say that if the price of Bitcoin does not decline, the price of $180,000 to $200,000 will be real. What is more logical is that we no longer believe that we will reach a million dollars within the next 10 years, exactly as was said in 2021.
But the charts also tell us that we may be in the range of $30,000 to $50,000 by the date of the Halving cycle, with the possibility of a correction occurring in the coming months.

What hides me most is the accelerating pace of hacking. If we continue at the same pace, most of the platforms will be hacked and go bankrupt in the coming months, which will lead to the cycle being dumped before $100,000 as what happen after FTX.

The list is very long https://hacked.slowmist.io/

Quote

The total amount of money lost by blockchain hackers is about

$ 30,934,292,291.24

Total hack events 1207
legendary
Activity: 1288
Merit: 1491
The first decentralized crypto betting platform
September 26, 2023, 10:14:01 PM
#3
The most awaited event right now. If you really deep dive into the history of past Bitcoin block halvings, you will see that it clearly shows that the price of Bitcoin will be somehow above the lows months before the block halvings. As months before the Bitcoin block halvings is the best time to accumulate Bitcoin, just my 2 cents.

I am also taking the opportunity now to accumulate. The only fear I have is that the halving may not be as good as expected, as everyone expects. In fact, this cycle was better than all the forecasts that were made, as all the serious ones were giving a maximum above $100,000.

According to it, if the historic cycle repeats itself, a next all time high can be around $180,000 to $200,000 in late of 2025, about one year and a half after 2024 April halving.

History will not keep repeating itself forever. From what I said before I would expect a more moderate high, around $150,000 or thereabouts.
legendary
Activity: 2282
Merit: 1344
Buy/Sell crypto at BestChange
September 26, 2023, 09:32:38 PM
#2
The most awaited event right now. If you really deep dive into the history of past Bitcoin block halvings, you will see that it clearly shows that the price of Bitcoin will be somehow above the lows months before the block halvings. As months before the Bitcoin block halvings is the best time to accumulate Bitcoin, just my 2 cents.
sr. member
Activity: 602
Merit: 387
Rollbit - the casino for you. Take $RLB token!
September 26, 2023, 08:20:58 PM
#1
The Bitcoin Spiral: Halving cycle is interesting. It summarizes past cycles, the current one and future ones as well. With multiplier x10 between two consecutive circles, it is easily to see Bitcoin growth through some cycles but with slower growth rate for future halving cycles, I think we will have to wait some more halvings to see Bitcoin price reaches $1M.


Cycle repeat from Charts.bitbo.io has a price projection for Bitcoin next bull run after 2024 halving. I know projection is not correct but let's see how the projection is. According to it, if the historic cycle repeats itself, a next all time high can be around $180,000 to $200,000 in late of 2025, about one year and a half after 2024 April halving.

The progress of 2024 halving is about 85% done. The latest block is 809,891 and a block where halving happens is 840,000. Counting down only 30,509 more blocks till the 2024 halving.
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