Topic: Bitcoin halving, historical price surges to follow? (Read 298 times)
and it seems like the current bitcoin halving is different from the previous one because it seems that this time the halving did not cause a significant price increase. The halving started several weeks ago but the price of Bitcoin has not shown any signs of increasing as significantly as the previous halving. I don't believe this but here are the facts, if $73k is the ATH this year it means the percentage increase in price from the previous ATH is very small. this is the crypto market, it is unpredictable and anything can happen.
I dont think it's going to happen right away. IT will take a few months. m assuming we will have to wait and watch, but I am ok with that. I'm in it for the long haul and trust Bitcoin to soar
Well, what to expect right?
We could only base from what happened on the previous cycles and it just shows that higher market prices have been reached after the said event, so same thing COULD POSSIBLY happen this time. However as we all know, nothing comes in an instant if things are expected. Months or a year I guess, is the time where market price of Bitcoin and this market in general would be breaking ceiling once again. But for now, wherein halving has just happened, I guess it would be best to wait and observe. Many investors could take profit partially and that could yield to a market crash before they start accumulating again. Be observant and avoid hasty decisions. You may just hold your portfolio and let it rest. But in my case, I would be filling my bag more once there is a crash to take place.
We could only base from what happened on the previous cycles and it just shows that higher market prices have been reached after the said event, so same thing COULD POSSIBLY happen this time. However as we all know, nothing comes in an instant if things are expected. Months or a year I guess, is the time where market price of Bitcoin and this market in general would be breaking ceiling once again. But for now, wherein halving has just happened, I guess it would be best to wait and observe. Many investors could take profit partially and that could yield to a market crash before they start accumulating again. Be observant and avoid hasty decisions. You may just hold your portfolio and let it rest. But in my case, I would be filling my bag more once there is a crash to take place.
for me $500k is too high for this year's halving. The 2017 ATH is $20k and the 2021 ATH is $65, meaning the ATH in 2021 is only 3x the ATH 2017. If this kind of pattern occurs again in this year's halving I estimate Bitcoin's ATH will reach $150k-$200k. but looking at current market conditions it seems that such a pattern is difficult to occur.
We reached $73k already so personally I expect closer to $200k at the peak of this bull run maybe even closer to $250k.
But I will start taking profits out gradually once we go past $100k.
Looking at the previous halving in May 2020 - the market didn't really start going up until 5 months later in October.
Are we expecting this again this bull run? If so, it means the price will not start going up properly until September.
Are we expecting this again this bull run? If so, it means the price will not start going up properly until September.
We can say for sure that in 2020, the cryptocurrency market was different and very different from what we see now. After the Bitcoin ETF was approved earlier this year, large capital came to the market, which is attracted by the high profitability of Bitcoin compared to the securities market.
for me $500k is too high for this year's halving. The 2017 ATH is $20k and the 2021 ATH is $65, meaning the ATH in 2021 is only 3x the ATH 2017. If this kind of pattern occurs again in this year's halving I estimate Bitcoin's ATH will reach $150k-$200k. but looking at current market conditions it seems that such a pattern is difficult to occur.
Many people have different expectations personally, I don't think the $500k expectation you made when Bitcoin halves will happen so soon. I don't know if the past patterns will follow but the high above $73k before bitcoin halving I think we may see a new ATH reach $100k next year if the year end bull season starts after bitcoin halving. for me $500k is too high for this year's halving. The 2017 ATH is $20k and the 2021 ATH is $65, meaning the ATH in 2021 is only 3x the ATH 2017. If this kind of pattern occurs again in this year's halving I estimate Bitcoin's ATH will reach $150k-$200k. but looking at current market conditions it seems that such a pattern is difficult to occur.
The coming halving is highly unpredictable and nobody can tell you what will be the highest worth during this halving because one day before the price of Bitcoin and other coins has reduced to such a low price that everyone is in fear that will it go to 100k$ or not.
One cannot imagine that Bitcoin can go to 500k$ during the coming halving because the selling rate is increasing day by day and as the price reduces more people are going to sell their Bitcoin and this all happens due to the unpredictable worth and panic situations.
In the current year I don't think that it will reach the value of 500k$ but if we talk about the future and ask about the future then everyone will share a positive review about Bitcoin future and surely it will reach such value but time is needed for such success.
Saying BTC is get to 500k eoy is definitely outrageous but I'm banking for a more conserved rate. Probably $85. While the outcome post halving might be unpredictable, I saw something earlier that caught my attention. Would give it a try
https://bitcointalksearch.org/topic/m.63961884
Guys have you been tracking these Bitcoin halving cycles? It's wild how they've consistently led to massive price surges in the past.
Like, the first one saw the price jump from $12 all the way up to $1,200. And the second halving? The price went from $647 to over $19,000 - that's a 651% increase!
The second halving, the price was around $8,800 before it skyrocketed to over $63,000. The pattern is clear. Based on that history, a lot of analysts are predicting Bitcoin soaring to around $500K.
If that ends up happening, anyone who gets in before then is gonna be sitting pretty. The window to stack those sats before the big run-up is closing fast. I recently joined the “Chase the 1 BTC Halving Treasure" on bitget. Might be worth checking out.
Keep loading your bags, because in a couple years, you're gonna be one happy camper. This Bitcoin halving cycle is about to go parabolic, I can feel it.
Absolutely, historical data show that Bitcoin has reached new all-time highs after each of the previous halving events. And with the current market, I myself am heavily investing in BTC. You can't go wrong with that. But I also think you should consider investing in Altcoins as well. Typically, altcoin season starts after the halving, offering a significant opportunity to earn big. I've earned over 120% in profits by rebalancing my portfolio, despite the dip. I'm anticipating a future where Bitcoin reaches a $100K valuation. Like, the first one saw the price jump from $12 all the way up to $1,200. And the second halving? The price went from $647 to over $19,000 - that's a 651% increase!
The second halving, the price was around $8,800 before it skyrocketed to over $63,000. The pattern is clear. Based on that history, a lot of analysts are predicting Bitcoin soaring to around $500K.
If that ends up happening, anyone who gets in before then is gonna be sitting pretty. The window to stack those sats before the big run-up is closing fast. I recently joined the “Chase the 1 BTC Halving Treasure" on bitget. Might be worth checking out.
Keep loading your bags, because in a couple years, you're gonna be one happy camper. This Bitcoin halving cycle is about to go parabolic, I can feel it.
for me $500k is too high for this year's halving. The 2017 ATH is $20k and the 2021 ATH is $65, meaning the ATH in 2021 is only 3x the ATH 2017. If this kind of pattern occurs again in this year's halving I estimate Bitcoin's ATH will reach $150k-$200k. but looking at current market conditions it seems that such a pattern is difficult to occur.
The coming halving is highly unpredictable and nobody can tell you what will be the highest worth during this halving because one day before the price of Bitcoin and other coins has reduced to such a low price that everyone is in fear that will it go to 100k$ or not.
One cannot imagine that Bitcoin can go to 500k$ during the coming halving because the selling rate is increasing day by day and as the price reduces more people are going to sell their Bitcoin and this all happens due to the unpredictable worth and panic situations.
In the current year I don't think that it will reach the value of 500k$ but if we talk about the future and ask about the future then everyone will share a positive review about Bitcoin future and surely it will reach such value but time is needed for such success.
While past performance isn't a guarantee, it's definitely an interesting trend to consider. If you're looking to potentially capitalize on this upcoming halving, some platforms are offering promotions to incentivize trading during this period.
One option to check out is Chase the 1 BTC Halving Treasure campaign, it offers a chance to win a share of 1 whole Bitcoin through various trading activities. It's definitely worth checking out.
Here's a link to learn more https://www.bitget.com/support/articles/12560603808226
One option to check out is Chase the 1 BTC Halving Treasure campaign, it offers a chance to win a share of 1 whole Bitcoin through various trading activities. It's definitely worth checking out.
Here's a link to learn more https://www.bitget.com/support/articles/12560603808226
for me $500k is too high for this year's halving. The 2017 ATH is $20k and the 2021 ATH is $65, meaning the ATH in 2021 is only 3x the ATH 2017. If this kind of pattern occurs again in this year's halving I estimate Bitcoin's ATH will reach $150k-$200k. but looking at current market conditions it seems that such a pattern is difficult to occur.
We reached $73k already so personally I expect closer to $200k at the peak of this bull run maybe even closer to $250k.
But I will start taking profits out gradually once we go past $100k.
for me $500k is too high for this year's halving. The 2017 ATH is $20k and the 2021 ATH is $65, meaning the ATH in 2021 is only 3x the ATH 2017. If this kind of pattern occurs again in this year's halving I estimate Bitcoin's ATH will reach $150k-$200k. but looking at current market conditions it seems that such a pattern is difficult to occur.
Looking at the previous halving in May 2020 - the market didn't really start going up until 5 months later in October.
Are we expecting this again this bull run? If so, it means the price will not start going up properly until September.
Are we expecting this again this bull run? If so, it means the price will not start going up properly until September.
Yeah true. The halving is a means to an end not the end itself. But like OP said. Positioning yourself might be good in this regards cos post halving rewards can be fulfilling. Might consider the suggestion OP gave. I'm a trader, let's see if I cut it.
Looking at the previous halving in May 2020 - the market didn't really start going up until 5 months later in October.
Are we expecting this again this bull run? If so, it means the price will not start going up properly until September.
Are we expecting this again this bull run? If so, it means the price will not start going up properly until September.
Let's be more realistic here and for me, the halving this time can't bring that much especially the $500k, maybe in the next four years we might finally hit that price
Lots of people fail to realize that new records wouldn’t be just recorded in a span of one year. It took bitcoin quite a while to get on top of the market and it doesn’t change much.
Maybe now we are seeing it quickly increase but back then people simply believed and trusted bitcoin so I suggest we do the same thing. Even if it doesn’t reach 500k usd in a year, I am sure that he’s going to get it someday.
Perhaps, this is what we expect as this is also what happened in the past halving.
In fact, people become excited when halving is coming and they buy more coins as they believe that there is a magical thing happening in the market that makes it more profitable. We can't say the situation is a copy of the past but for the past halving and based on my experience, prices went too high during the bull season and even shitcoins.
Bitcoin halving is undeniably creating a huge impact in the market increasing demand and traders becoming too active. Our assumption isn't wrong as the surge really gonna happen during halving -- Bitcoin and altcoins.
In fact, people become excited when halving is coming and they buy more coins as they believe that there is a magical thing happening in the market that makes it more profitable. We can't say the situation is a copy of the past but for the past halving and based on my experience, prices went too high during the bull season and even shitcoins.
Bitcoin halving is undeniably creating a huge impact in the market increasing demand and traders becoming too active. Our assumption isn't wrong as the surge really gonna happen during halving -- Bitcoin and altcoins.
it's a known fact. halving is the most awaited time by every BTC investor. i the price skyrocketed up to 651% as OP said, it will probably go way higher than that now that there is ETF on both sides of the globe. every institutional trader is already exposed to this even before these ETFS but this time it's legal for them to get into BTC.
i am however unsure about that $500k. it does sound conservative compared to the ones who hyped these ETFs because some even predicted over $1M.
Guys have you been tracking these Bitcoin halving cycles? It's wild how they've consistently led to massive price surges in the past.
Tracking? Do you mean learning the cycles? I think everyone learned it, we all know how the halving contributed to the huge increase in Bitcoin price. Halving already happened several times, so people must learn how its patterns. So far, it is true that halving always brings a significant change in the price. Even if there is no guarantee for another huge increase, but it is likely to happen in the same way.The pattern is clear. Based on that history, a lot of analysts are predicting Bitcoin soaring to around $500K.
Yep, the pattern is quite clear although it may change someday. I personally still believe it will remain in the same pattern for the current season. I don't see something to change it. By the way, who predicted the Bitcoin will reach $500k in this season? Most people only predicted the price may reach $150k - $200k. I never saw an analyst predicting the price $500k. 
This topic should be in Bitcoin Discussion or in Speculation.
Guys have you been tracking these Bitcoin halving cycles? It's wild how they've consistently led to massive price surges in the past.
Like, the first one saw the price jump from $12 all the way up to $1,200. And the second halving? The price went from $647 to over $19,000 - that's a 651% increase!
The second halving, the price was around $8,800 before it skyrocketed to over $63,000. The pattern is clear. Based on that history, a lot of analysts are predicting Bitcoin soaring to around $500K.
If that ends up happening, anyone who gets in before then is gonna be sitting pretty. The window to stack those sats before the big run-up is closing fast. I recently joined the “Chase the 1 BTC Halving Treasure" on bitget. Might be worth checking out.
Keep loading your bags, because in a couple years, you're gonna be one happy camper. This Bitcoin halving cycle is about to go parabolic, I can feel it.
Like, the first one saw the price jump from $12 all the way up to $1,200. And the second halving? The price went from $647 to over $19,000 - that's a 651% increase!
The second halving, the price was around $8,800 before it skyrocketed to over $63,000. The pattern is clear. Based on that history, a lot of analysts are predicting Bitcoin soaring to around $500K.
If that ends up happening, anyone who gets in before then is gonna be sitting pretty. The window to stack those sats before the big run-up is closing fast. I recently joined the “Chase the 1 BTC Halving Treasure" on bitget. Might be worth checking out.
Keep loading your bags, because in a couple years, you're gonna be one happy camper. This Bitcoin halving cycle is about to go parabolic, I can feel it.
I agree with you. A lot of people aren't buying in and think it topped off for awhile, they couldn't be more wrong. Not every cycle will be the same but a lot of times it does. I'm betting this one will be no different. I think the percentage it goes up vs previous cycles won't be the same but it should be significant.
What’s really crazy is that we saw bitcoin reach a new ath even before the actual halving take place which from what I know has never happened before.
So if bitcoin is reaching new records then who is to say what can happen post halving? We are definitely in for a good time
we just need to acquire as much bitcoin possible and never let fud get into our way of holding.
Thats actually a first and even events circulating around it like bitcoin eft approval and many more. I feel like theres a change on what was supposedly happenned but Im still hoping theres a surge on price that might lead to same history that repeat btc going to a new record breaking price. Well it did do some new ATH but its better if we saw more than that in the coming weeks. But let see sinfe were just few days away from halving. I am excited to know what are the moves of the miners. So if bitcoin is reaching new records then who is to say what can happen post halving? We are definitely in for a good time
we just need to acquire as much bitcoin possible and never let fud get into our way of holding.I believe that we could have some drops here and there, which happened recently, but I also think that it is a very small chance that it would repeat that often. We are going to see the long term being very profitable and will do very well in the end.
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