Topic: Bitcoin halving, how low the price can be? (Read 769 times)

Versatile in the sense that we have to know what is happening in the crypto market, carry out technical analysis and fundamental analysis because it is directly related to crypto market conditions. Someone who has never learned how to do market research properly will not be able to follow these trends. I always pay attention to the market to know what to do when prices crash and when prices pump. It is necessary to have a main target to sell so that there will be limits to selling and taking profit. following bitcoin price speculation will be very good to know how the latest bitcoin price movements are and what will happen next.

If we do base up on the marketcap of Bitcoin now then it would really be something realistic if we do speak for its price to be potentially be able to reach 2x or 3x on that upcoming bull run on which most of us is really that anticipating or something that expecting on which it would really be that something that will really be normally be people to project on. Speaking about how low would be the price it will be having then this is a type of question that no one really knows. Why? because if we do speak about probabilities or chances then this is something that cant really be known. There would really be several factors on which it could really be that affecting price movement or condition that we could really be having in the future but we do know that institutional funds are now flowing through crypto space on which we can say that it could potentially be able to reach up those new all time highs.

Bitcoin didnt fail to impress us on which breaking out those expectation into reaching new heights or into those levels that we hadnt been able to anticipate. This is why on the moment that you've been
dealing with Bitcoin or crypto investment in overall then you should really be that make yourself to be versatile as much as possible because we do know that when it comes to price then we would really be
that always keeping up with those speculations from time to time and this is something that you would really be needing up to do.

I think when the Halving occurs Bitcoin will experience a price increase of up to 2 or even 3 times. History proves that halvings always have a positive impact on Bitcoin prices because they help reduce supply. Even the halving is a good sign to bring Bitcoin price momentum. Therefore, although we cannot accurately predict the extent to which the price of Bitcoin will rise, what is certain is that when the Halving occurs, the price of Bitcoin will not decrease but will instead continue to increase.

Bitcoin does not go below the price of 60k$ so it is the lowest price before halving and now the price moves up to 63k$ so we hope the price will not go below this value so we can see good surges due to halving. I think 73k$ is the highest value of bitcoin and we do not examine another pump before halving that can bring more valuable price of Bitcoin so it is the maximum value before halving.




I assume that this halving will also be a better one like that of previously occurring halving but still the price does not elevate to the highest value so we have to wait because good news takes time to originate. Bitcoin once touched the value of 73k$ does not move again to such value so maybe due to halving this value becomes easy to achieve again.

Today could be the turning point in this wider debate, also Sunday and the end of week forming the close to the weekly bar will give us a good clue either way.   I want to see at least a close above the 50 day moving average.

What is happening right now of note is not just a recovery short term above the 62k mark which is bottom edge to the ranged box BTC traded in for nearly 2 months.  Also wider term we have to see in balance is the medium term momentum, 50 DMA is flattening out which means we can turn negative in a more serious way.


Since I got into the habit of famous quotes recently, as an analogy and in the unfortunate recent news context I find this one relevant:


I do find us on the precipice, we cant stay here forever.  With 50 day average threatening to decline every day we must find positive price action to counter act now or never.  Perhaps in BTC terms last dramatic but I find we need positive action now or it could be till autumn we have to wait to make this same fight upwards; likely lower over the summer is my thoughts.
  A couple indicators show us weaker now with the weight of volume then late Feb, price doesnt yet show that up.

I believe whales would bring the price a few points below 50K just to mess with people with stop loss and leverage trading liquidation at 50K.

The halving finally happened on Friday, and as expected, nothing serious has happened in the crypto market so far. I believe it will take months before the halving of this year attracts investors to Bitcoin, and by what happened due to the ETF fillings of last year and its approval this year where the price of the market has been pushed higher, I do not expect immediate reaction caused by halving. I also fear for less reactions as well because Bitcoin is being hyped during this halving time, but this time, it is overpriced already. So I am concerned about those who will invest more money that will help it to move much higher at this high level.

Regardless, if the past histories of the halving and its cycles are to be considered in relation to the present reality and the condition of the market charts, I believe that this year's halving should help Bitcoin reach at least $100,000 with time. Again, there may be some discouragement over time, but still, if more adoptions could be gained by it, maybe we will see it between $100,000-$120,000 before the end of this bullish cycle.

Well, we did not see too much movement for the good or for the bad. I think this does show there was alot of hype for this bitcoin halving.
And I think this 4th ever halving did make more attention because of recent price of Bitcoin. I did think we would see some big gains after the halving but the price did not move very much.
https://cointelegraph.com/news/bitcoin-halving-2024-institutional-impact-price-surge

It was answered , 60k is the lowest and we still waits for the highest but so far the record shows 74k is the highest value of bitcoin before the halving.
it is indeed that we have the different approach this year because we have broken the ATH before the halving and the price remain strong even now that we are celebrating the 4th halving time.

Halving is completed now, price is stable around $64k-$65k, so that's good enough for us and did reach $73k pre-halving. Now we can see that at least for this month the lowest is $59k, but the lowest low for this bear market is $15,500 with the FTX collapse. Now, we look forward at the end of the year as halving is done. We shift our focus on now not low the price will be, but how big we gonna get at the start of the bull run. Again, pre-halving is $73k, so at least this year, I'm looking at around $100k at least and then the biggest will be next year when we hit our peak and it could be around $150k'ish or higher.

History may or may not repeat itself again. And what had happened with the past halvings might not be the same with how the present halving goes. This shows how unpredictable the market is. And because of that, people find it hard to create accurate predictions or speculations as to how low or high btc price will be prior to halving. Some say that we will witness $100k for bitcoin, while others settle with $150k. But one thing is certain, everything is left uncertain these days, we can only tell about it once halving is already happening.

Since it reached the price of 73,777, I assumed that the price reduction would not reach below 59,000. The price of 59k is the price of a recent decline and I will never be able to guess how far the decline will occur even though I have an assumption that it will not occur under 59k.

So the case with how high the price will later be because I still hold the principle that the price of Bitcoin can reach the point unexpected. But in the Halving period this time, I am optimistic that the increase in Bitcoin prices could reach 100K - 130K in 2024.

One day has been left for halving but still nobody will be able to tell you about the exact price as the market is highly unpredictable. Nobody knows that when we will see the pump again but everyone is in satisfactory aspirations that halving will make the condition profitable for all holders.

73k$ is ATH and the price of Bitcoin does not touch this value again therefore some individuals think that bull season has become the end but I think we will see the pump again and Bitcoin will touch 80k$ which is not hard once market recovery initiates.

With the current dump in the market, I guess the price will dump below $50k because the price has started falling for people to see the bear season they have be waiting for in the market, and it will encourage those who want to buy at this price to buy with their savings so that they will hodl BTC again.

We know that market price use to discourage some people sometimes, not to buy  BTC base on the high price, if the bear run that happened last 3 years can still happen now, many people will rush to the market to buy and hodl, and it will still make the bull run that happened early this year happen again.

I know that if the price settle for $50k as the lowest in this season, it will not allow many people to buy BTC from the market because some people use to target $20k and if the price will still fall down to that stage again, it will allow people to put plenty money on BTC.

IMO his goal is less to get more people investing in BTC and in other cryptocurrencies eventually, than to get more followers on Twitter/X and other social medias. The permabull narrative used to seduce people 7 years ago with quirky predictions from John McAfee and few other crypto gurus, but many people buying at the top of the wave got rekt right after it. Now most people know how crypto assets are volatile and are cautious with them fortunately. So they don't listen those messiah like children.

Because now there is a new history as a comparison with the old history which is generally very different, of course it is a little difficult to make market and price predictions for Bitcoin because what Bitcoin has achieved in the first quarter of this year is really very different from before, making more people are thinking differently about conditions that will occur in the future.

However, even though now it seems that it is no longer appropriate to refer to previous history, basically it is also necessary for many people to know as more real data on Bitcoin. Because different and surprising things can still happen again this year in Bitcoin, whether in trading volume or demand volume in the market.

It wouldn't be appropriate to consider the historic data because even I used to do that till recently and if we go by that the new ATH shouldn't have been achieved anytime sooner than a year after halving but we have seen new dynamics this year and achieved ATH hence I stopped referring to the past and historic events. I know it would be little difficult to have a say this time since the market has lot of new things for us.

I do agree that dip has been expected for a while now, but we are peaking at 70k again. The difference between previous halvings and this one, which even see it break over all time high as well, could be the ETF situation where thousands of bitcoin is bought everyday by those companies.

I do agree that it is not going to be that simple, and we should probably consider the situation to be sensitive as well. Think about it, it should have been much lower if we expected a historical similarity between all halvings, but looking at it now, it is above the previous all time high at this moment. This is why I think it is quite important to realize that it is not going to be too simple, and we need to make it work one way or another.

price is still going stronger at 71-72k nearing the halving at lest more than a week now

https://coinmarketcap.com/currencies/bitcoin/

this means so much to the supporters when this supposed to be the latest increase when this must be dumping now?

I think there will always be the different approach in this matter that halving is not how we look at this year.

Go Bitcoin Fly High ..

Bitcoin price is very difficult to predict. However, according to past statistics, the price of Bitcoin increased a lot after Bitcoin halving. So expect Bitcoin price to go up a lot after this halving. According to past statistics bullran will start in 2025, so expect bitcoin price to be 150k higher or lower in 2025. It's just a guess, no one can make accurate predictions. It is very difficult to predict whether the price will go down or up before the Bitcoin halving, as the price of Bitcoin has fluctuated a lot for quite some time. If you want to invest then you can invest in DCA method and hold for long time.