Bitcoin halving, how low the price can be? - page 2.

Minor Miner

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Quote from: Finestream on April 02, 2024, 06:43:43 PM

Quote from: dunfida on April 02, 2024, 05:58:45 PM

Quote from: Nrcewker on March 29, 2024, 08:43:49 AM

Quote from: New Money on March 25, 2024, 09:45:57 PM

Next month will be Bitcoin halving, how far can the price go down? or how high can the price go up?

The max it can go low is 50k usd. It won’t fall below it. The reason for which I am so confident is that, as Bitcoins will go down, more people will start buying it. Moreover we know that Bitcoins are fixed in numbers, hence if more people will buy it then the price to accumulate it will increase, leading to increase the demand. Hence as the demand is high and supply is less, automatically the price will go up. Hence, 50k will be the lowest price possible this halving. Now let’s see what happens.

Even really that hard to believe that we would really be going below 50k but well this market is truly unpredictable even on which if it doesnt have any negative sentiment or news behind on which prices could really be able to reach out those ranges without any reasons behind and this what makes unpredictable. This is why it would really be just that depending on you on how you would really be hovering yourself into this unpredictable space.

Seeing the current bitcoin price in the market continue dropping, I guess $50k would not be impossible anymore. There are two weeks more to go before the estimated halving date, so if the price will consistently create a price decline, we will definitely end up even with a price lower than $50k. Well, no one actually knows as to what price this correction stops, but one thing certain, it will eventually goes up again after bitcoin halving in preparation for the upcoming bull run.

It is true that we cannot know exactly how bitcoin will move, but I also believe that bitcoin is unlikely to drop to the $50k level at this time. According to what I just learned, there is a huge price support force at the $64k price range, the buying force is very strong at this price range so I am quite confident that the price will not be able to decrease any further. If the worse scenario happens, bitcoin will drop to $63k but then recover quickly and the purpose of this is also to sweep liquidity. I remain bullish about bitcoin's growth ahead of the halving event.

Finestream

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Quote from: dunfida on April 02, 2024, 05:58:45 PM

Quote from: Nrcewker on March 29, 2024, 08:43:49 AM

Quote from: New Money on March 25, 2024, 09:45:57 PM

Next month will be Bitcoin halving, how far can the price go down? or how high can the price go up?

The max it can go low is 50k usd. It won’t fall below it. The reason for which I am so confident is that, as Bitcoins will go down, more people will start buying it. Moreover we know that Bitcoins are fixed in numbers, hence if more people will buy it then the price to accumulate it will increase, leading to increase the demand. Hence as the demand is high and supply is less, automatically the price will go up. Hence, 50k will be the lowest price possible this halving. Now let’s see what happens.

Even really that hard to believe that we would really be going below 50k but well this market is truly unpredictable even on which if it doesnt have any negative sentiment or news behind on which prices could really be able to reach out those ranges without any reasons behind and this what makes unpredictable. This is why it would really be just that depending on you on how you would really be hovering yourself into this unpredictable space.

Seeing the current bitcoin price in the market continue dropping, I guess $50k would not be impossible anymore. There are two weeks more to go before the estimated halving date, so if the price will consistently create a price decline, we will definitely end up even with a price lower than $50k. Well, no one actually knows as to what price this correction stops, but one thing certain, it will eventually goes up again after bitcoin halving in preparation for the upcoming bull run.

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Quote from: rodskee on April 02, 2024, 09:09:44 AM

Quote from: New Money on March 25, 2024, 09:45:57 PM

Next month will be Bitcoin halving, how far can the price go down? or how high can the price go up?

with the month is on now?

https://coinmarketcap.com/ here's the market movement as my typing and still continues to fall slowly.

I believe that we will be seeing at least 50k level till the halving happens and will slowly grow when the year comes

Quote from: ?? on ??

2024 is known as the year of 4th Halbing. We hope to be able to show this April. Looking at the past years, we find that there is a falling market which is a special opportunity for investors.

then how much it will fall from this great increase for the last couple of months?

Historically we have always big decline in price of Bitcoin before halving and same going to happen this time again with currently we are having just 10% and many are expecting good fall in coming days as well because in 2012 we have 46% fall and then in 2016 we have 40% and in 2020 we have huge fall which was nearly 60% so just keep eye on market and enjoy this fall because things can take good change in coming days which could be profitable for the many those can afford to have things under well control for them.
We all know usually whales can also do something during this period so need to stay cautious about the all situation and keep eyes around and use your part carefully with not take big risk which can hurt anyone.

dunfida

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Quote from: Nrcewker on March 29, 2024, 08:43:49 AM

Quote from: New Money on March 25, 2024, 09:45:57 PM

Next month will be Bitcoin halving, how far can the price go down? or how high can the price go up?

The max it can go low is 50k usd. It won’t fall below it. The reason for which I am so confident is that, as Bitcoins will go down, more people will start buying it. Moreover we know that Bitcoins are fixed in numbers, hence if more people will buy it then the price to accumulate it will increase, leading to increase the demand. Hence as the demand is high and supply is less, automatically the price will go up. Hence, 50k will be the lowest price possible this halving. Now let’s see what happens.

Even really that hard to believe that we would really be going below 50k but well this market is truly unpredictable even on which if it doesnt have any negative sentiment or news behind on which prices could really be able to reach out those ranges without any reasons behind and this what makes unpredictable. This is why it would really be just that depending on you on how you would really be hovering yourself into this unpredictable space.

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Quote from: New Money on March 25, 2024, 09:45:57 PM

Next month will be Bitcoin halving, how far can the price go down? or how high can the price go up?

with the month is on now?

https://coinmarketcap.com/ here's the market movement as my typing and still continues to fall slowly.

I believe that we will be seeing at least 50k level till the halving happens and will slowly grow when the year comes

Quote from: ?? on ??

2024 is known as the year of 4th Halbing. We hope to be able to show this April. Looking at the past years, we find that there is a falling market which is a special opportunity for investors.

then how much it will fall from this great increase for the last couple of months?

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Quote from: Sebas.tian on March 31, 2024, 01:16:29 AM

I think, there will be bearish market soon but before the bearish market will appear in the market, I believe the price will reach $100,000 before it will start decreasing back to $30,000 or $40,000 for investors to purchase again and hold for future purpose. I know that if the make price by mistake enter $35,000, I think many investors will use that opportunity to store some Bitcoin that will allow them to make income that will make others investors to see them as an expert investors in the community. I don't think, next month will going to be bearish season because the bullish season is still displaying and the price is heading to $80,000 for investors to believe that $100,000 is possible in this bullish season.

What I think is that the bearish season in the market may not start before the Bitcoin halving takes place. But we don't have the ability to understand the movement of the market, the market will run according to its own rules, maybe sometimes it will increase and sometimes it will decrease. We may see the Bitcoin halving organized this month and the Bitcoin market is pretty much bullish as of now. If bitcoin halving is organized in this month itself then there is very little chance of a bullish season i.e. a bearish season. If the bearish season begins in the market, it may be in these few days before the halving is organized. In the market, everyone is clamoring for a fall in the price of Bitcoin, thinking that they will buy more Bitcoin when the price of Bitcoin falls. But as you said, I don't know if the price of bitcoin will fall to 35000 dollars by mistake, but it may not happen.

Smack That Ace

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Quote from: Bitcoin_people on April 01, 2024, 11:17:26 PM

Quote from: New Money on March 25, 2024, 09:45:57 PM

Next month will be Bitcoin halving, how far can the price go down? or how high can the price go up?

As we saw the Bitcoin halving in the month leading up to the Bitcoin halving, the Bitcoin market hit an all-time high, hitting $73,000 in the Bitcoin market prior to April. And now we can see that the Bitcoin market has dumped a lot more today in early April which brought $66k. Although the Bitcoin market has been down a lot since the beginning of April and before the halving, the halving is still a few days away, so I believe the Bitcoin market will probably see more upside next week. And before the halving the bitcoin market we all know is very pumped even though after the halving the bitcoin market goes down. I think the bitcoin market may have an opening to touch $80k before or during the halving. And after halving, the Bitcoin market will definitely turn into a bear market and then the Bitcoin market is likely to come between $45k-50 dollars.

Expecting bitcoin to reach $80k before the halving or within this month is entirely possible and I believe it too. But many people have higher expectations that bitcoin will go even higher after the halving, and they are dreaming of a target of $100k right after the halving. And I like your prediction because I also don't believe that bitcoin can go up forever without a correction. Similar to you, I think the condition for bitcoin to increase and touch 100k USD is that bitcoin must at least adjust to the 50k USD area to gain momentum as well as make weak hands sell all their bitcoin. This is a game of winning and losing, there will be no way for everyone to get rich in this market, so dumping prices to shake off the weak hands is absolutely necessary for bitcoin to rise higher.

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Quote from: New Money on March 25, 2024, 09:45:57 PM

Next month will be Bitcoin halving, how far can the price go down? or how high can the price go up?

As we saw the Bitcoin halving in the month leading up to the Bitcoin halving, the Bitcoin market hit an all-time high, hitting $73,000 in the Bitcoin market prior to April. And now we can see that the Bitcoin market has dumped a lot more today in early April which brought $66k. Although the Bitcoin market has been down a lot since the beginning of April and before the halving, the halving is still a few days away, so I believe the Bitcoin market will probably see more upside next week. And before the halving the bitcoin market we all know is very pumped even though after the halving the bitcoin market goes down. I think the bitcoin market may have an opening to touch $80k before or during the halving. And after halving, the Bitcoin market will definitely turn into a bear market and then the Bitcoin market is likely to come between $45k-50 dollars.

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Quote from: Ayers on March 31, 2024, 12:51:59 AM

I also think there will be a significant correction in bitcoin before we really enter the bigger bull season. But we have no guarantees that that will definitely happen, so I think selling some assets now and waiting to buy bitcoin at a lower price is quite risky. I expect a pullback but I will not sell any bitcoin or investments at this time, I will continue to try to work harder to save money and DCA if the market drops as expected. I think this option will be more feasible and safer than selling and waiting to buy back.

A correction is definitely possible, it is just that the bulls are in such a strong position that no matter what happens they are able to push the price back up, I think this confidence comes from the fact that many investors are waiting for the halving to become the starting point of another bull run, however if their expectations fell short then that is the moment a correction could come and make the price to take a step back, an opportunity that we must not miss, as who knows if we could ever get another opportunity like it.

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Analyzing the future of cryptocurrencies is not simple because the situation changes so quickly that any estimate can be wrong. There is always a possibility that prices could spike, plummet, or even stabilize. It is always wise to start with DCA investments, it is a conservative way to invest in Bitcoin because buying a few Bitcoins every week will minimize your risk while the Bitcoin market is high and There are many new investors joining because of FOMO.

CageMabok

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Quote from: peter0425 on March 29, 2024, 09:15:34 AM

about the lowest price? i don't think i can comment on that but I will it will go down to 50k at least because that is my rebuying position and i will wait for that but about the highest price ? I believe we will going to see 6 digits means lowest of 100k to be the target.
we have seen more than the previews ATH while we are waiting for the halving.

For now, it still makes sense to say the lowest price is $50K for whatever reason, but if the price is $70K it never changes or doesn't shift down and just goes sideways. I think the current price could also be a low price before Bitcoin experiences another price increase to $100K, because for me it is still quite reasonable to expect $100K this year after seeing how the ATH was created before the halving occurred this year. But for now I would rather wait for the price to increase to 6 digits than to drop back to $50K although that is also good for those who still want to buy Bitcoin in large quantities.

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I think, there will be bearish market soon but before the bearish market will appear in the market, I believe the price will reach $100,000 before it will start decreasing back to $30,000 or $40,000 for investors to purchase again and hold for future purpose. I know that if the make price by mistake enter $35,000, I think many investors will use that opportunity to store some Bitcoin that will allow them to make income that will make others investors to see them as an expert investors in the community. I don't think, next month will going to be bearish season because the bullish season is still displaying and the price is heading to $80,000 for investors to believe that $100,000 is possible in this bullish season.

Ayers

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Quote from: erep on March 30, 2024, 06:56:06 PM

Quote from: Ayers on March 30, 2024, 09:54:39 AM

Quote from: AirtelBuzz on March 30, 2024, 09:23:53 AM

Quote from: New Money on March 25, 2024, 09:45:57 PM

Next month will be Bitcoin halving, how far can the price go down? or how high can the price go up?

This question of yours is very simple but for many people it is very difficult to answer this question. Bitcoin halving is about a month away from organizing and then the cryptocurrency market will probably be halved. Did any of us think that the Bitcoin price increase will be higher than the Bitcoin price ATH in 2021 before the Bitcoin halving. But with the rise in Bitcoin price, it surpassed that previous ATH record and set a new ATH record. In fact, no one has a proper idea about the cryptocurrency market, and no one can say for sure. I have been constantly connected with the crypto currency market since almost a few years ago and have watched the market rise constantly. In fact, we are more curious about the ups and downs of Bitcoin than we are about the cryptocurrency market. It seems to me that since Bitcoin reached a new high before the halving organized and set a new record, Maybe after the bitcoin halving the price of bitcoin will build a new ATH again.

It's not a difficult question to answer, it's a question with no exact answer because no one has a crystal ball to know the future. If we are uncertain and not willing to take risks then we should instead make a one-sided prediction and stick to it. We can come up with 2 options for 2 scenarios, whether bitcoin continues to increase or decrease after the halving occurs, we will have a solution for that. But I think most of us are long term holders, so setting a goal is important and we should only sell when we reach our goal, and short term fluctuations in bitcoin don't need to worry too much.

we will never know the condition of future market movements, but some people think there will be a high correction based on analysis in terms of market increases since the end of January and the market has never experienced a high correction, although the assessment is only a prediction but it is worth considering to avoid short-term trading losses. but I apply a different strategy for long-term investment to sell some assets to convert to USDT to avoid a drastic decline, then I will buy back the bitcoin investment assets at a lower price.

I also think there will be a significant correction in bitcoin before we really enter the bigger bull season. But we have no guarantees that that will definitely happen, so I think selling some assets now and waiting to buy bitcoin at a lower price is quite risky. I expect a pullback but I will not sell any bitcoin or investments at this time, I will continue to try to work harder to save money and DCA if the market drops as expected. I think this option will be more feasible and safer than selling and waiting to buy back.

erep

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Quote from: Ayers on March 30, 2024, 09:54:39 AM

Quote from: AirtelBuzz on March 30, 2024, 09:23:53 AM

Quote from: New Money on March 25, 2024, 09:45:57 PM

Next month will be Bitcoin halving, how far can the price go down? or how high can the price go up?

This question of yours is very simple but for many people it is very difficult to answer this question. Bitcoin halving is about a month away from organizing and then the cryptocurrency market will probably be halved. Did any of us think that the Bitcoin price increase will be higher than the Bitcoin price ATH in 2021 before the Bitcoin halving. But with the rise in Bitcoin price, it surpassed that previous ATH record and set a new ATH record. In fact, no one has a proper idea about the cryptocurrency market, and no one can say for sure. I have been constantly connected with the crypto currency market since almost a few years ago and have watched the market rise constantly. In fact, we are more curious about the ups and downs of Bitcoin than we are about the cryptocurrency market. It seems to me that since Bitcoin reached a new high before the halving organized and set a new record, Maybe after the bitcoin halving the price of bitcoin will build a new ATH again.

It's not a difficult question to answer, it's a question with no exact answer because no one has a crystal ball to know the future. If we are uncertain and not willing to take risks then we should instead make a one-sided prediction and stick to it. We can come up with 2 options for 2 scenarios, whether bitcoin continues to increase or decrease after the halving occurs, we will have a solution for that. But I think most of us are long term holders, so setting a goal is important and we should only sell when we reach our goal, and short term fluctuations in bitcoin don't need to worry too much.

we will never know the condition of future market movements, but some people think there will be a high correction based on analysis in terms of market increases since the end of January and the market has never experienced a high correction, although the assessment is only a prediction but it is worth considering to avoid short-term trading losses. but I apply a different strategy for long-term investment to sell some assets to convert to USDT to avoid a drastic decline, then I will buy back the bitcoin investment assets at a lower price.

Ayers

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Quote from: AirtelBuzz on March 30, 2024, 09:23:53 AM

Quote from: New Money on March 25, 2024, 09:45:57 PM

Next month will be Bitcoin halving, how far can the price go down? or how high can the price go up?

This question of yours is very simple but for many people it is very difficult to answer this question. Bitcoin halving is about a month away from organizing and then the cryptocurrency market will probably be halved. Did any of us think that the Bitcoin price increase will be higher than the Bitcoin price ATH in 2021 before the Bitcoin halving. But with the rise in Bitcoin price, it surpassed that previous ATH record and set a new ATH record. In fact, no one has a proper idea about the cryptocurrency market, and no one can say for sure. I have been constantly connected with the crypto currency market since almost a few years ago and have watched the market rise constantly. In fact, we are more curious about the ups and downs of Bitcoin than we are about the cryptocurrency market. It seems to me that since Bitcoin reached a new high before the halving organized and set a new record, Maybe after the bitcoin halving the price of bitcoin will build a new ATH again.

It's not a difficult question to answer, it's a question with no exact answer because no one has a crystal ball to know the future. If we are uncertain and not willing to take risks then we should instead make a one-sided prediction and stick to it. We can come up with 2 options for 2 scenarios, whether bitcoin continues to increase or decrease after the halving occurs, we will have a solution for that. But I think most of us are long term holders, so setting a goal is important and we should only sell when we reach our goal, and short term fluctuations in bitcoin don't need to worry too much.

AirtelBuzz

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Quote from: New Money on March 25, 2024, 09:45:57 PM

Next month will be Bitcoin halving, how far can the price go down? or how high can the price go up?

This question of yours is very simple but for many people it is very difficult to answer this question. Bitcoin halving is about a month away from organizing and then the cryptocurrency market will probably be halved. Did any of us think that the Bitcoin price increase will be higher than the Bitcoin price ATH in 2021 before the Bitcoin halving. But with the rise in Bitcoin price, it surpassed that previous ATH record and set a new ATH record. In fact, no one has a proper idea about the cryptocurrency market, and no one can say for sure. I have been constantly connected with the crypto currency market since almost a few years ago and have watched the market rise constantly. In fact, we are more curious about the ups and downs of Bitcoin than we are about the cryptocurrency market. It seems to me that since Bitcoin reached a new high before the halving organized and set a new record, Maybe after the bitcoin halving the price of bitcoin will build a new ATH again.

Claymore2

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Honestly, diving into this isn't my top priority right now. I find the idea of aiming for perfection in predicting market highs and lows overwhelming. Instead, I prefer to stay flexible and ready for whatever comes my way. Have you jumped into Bitcoin yet? Opportunities were there at $17k or $15k. Missing out on those dips feels like a wasted chance, unless you're overly cautious about not getting enough returns. Personally, I've invested in Bitcoin and also set aside some USDT, ready to seize any market downturns. But if things keep going up, I'll stick with my Bitcoin strategy. Regardless of what the market does, it's important to stay adaptable and prepared for anything.

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Quote from: Nrcewker on March 29, 2024, 08:43:49 AM

Quote from: New Money on March 25, 2024, 09:45:57 PM

Next month will be Bitcoin halving, how far can the price go down? or how high can the price go up?

The max it can go low is 50k usd. It won’t fall below it. The reason for which I am so confident is that, as Bitcoins will go down, more people will start buying it. Moreover we know that Bitcoins are fixed in numbers, hence if more people will buy it then the price to accumulate it will increase, leading to increase the demand. Hence as the demand is high and supply is less, automatically the price will go up. Hence, 50k will be the lowest price possible this halving. Now let’s see what happens.

I might agree with that. Bitcoin price will eventually experience another price correction from this current surge, probably before halving, so setting $50k as the lowest price possible is actually what majority are expecting to see. Although there might be surprises along the way, and it’s difficult to say that we are certain with our prediction, but seeing how bitcoin price moves in the market and considering its law of supply and demand, then as much as people hope for bitcoin price to fall so they can start buying, eventually the price will go up again when the demand sets to increase.

Oasisman

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Quote from: Wolf_of_Wallstreet on March 29, 2024, 10:25:49 AM

Quote from: New Money on March 25, 2024, 09:45:57 PM

But why 50k$ or not 40k$ or 60k$? There will be no specific numbers when it comes to bitcoin because bitcoins fluctuations do not completely depend on supply and demand. Bitcoin prices are still largely manipulated, and the price of bitcoin is determined by market makers . I don't believe in supply and demand at this stage as bitcoin is still too small and too easily manipulated . But personally I don't think they will let bitcoin fall before the halving, the price will continue to increase and will reach ATH before the halving occurs.

From a historical, technical perspective it could drop down to 25k or even 20k, as we started a run up to 15k in the very beginning and reached a bearish position down to 3k, which is 1/5 from that first high.
Another bull run went all the way up to about 57k and dropped back to 15k, which again is about 1/4 of the second reached high.
So if we expect a new bullrun to reach ~200k, a drop to a max of 40k could be realistic. Should a bullrun end already on a 100k, then a drop as mentioned above (25-20k) could be an option also.
IMHO after this halving we probably wont see anything below 20k again. Wink

And Im very optimistic that we will cut the 100k on BTC this upcoming halving with this extraordinary greed right now.
Btw we have already reached the alltime high on BTC, correct me if Im wrong Grin

$20k - $25k is realistically possible of course that is based on the previous halving. But some are actually hoping to see a price floor of $10k especially those who was not able to maximize their opportunity to get more fragments.
However, we might not be able to see a sharp decline in the next several months. We might be able to see it around 2025 after everything in the bull market subsides.
The question currently is, whether or not bitcoin will surely get to 6 digits in the post halving.

Wolf_of_Wallstreet

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Quote from: New Money on March 25, 2024, 09:45:57 PM

But why 50k$ or not 40k$ or 60k$? There will be no specific numbers when it comes to bitcoin because bitcoins fluctuations do not completely depend on supply and demand. Bitcoin prices are still largely manipulated, and the price of bitcoin is determined by market makers . I don't believe in supply and demand at this stage as bitcoin is still too small and too easily manipulated . But personally I don't think they will let bitcoin fall before the halving, the price will continue to increase and will reach ATH before the halving occurs.

From a historical, technical perspective it could drop down to 25k or even 20k, as we started a run up to 15k in the very beginning and reached a bearish position down to 3k, which is 1/5 from that first high.
Another bull run went all the way up to about 57k and dropped back to 15k, which again is about 1/4 of the second reached high.
So if we expect a new bullrun to reach ~200k, a drop to a max of 40k could be realistic. Should a bullrun end already on a 100k, then a drop as mentioned above (25-20k) could be an option also.
IMHO after this halving we probably wont see anything below 20k again. Wink

And Im very optimistic that we will cut the 100k on BTC this upcoming halving with this extraordinary greed right now.
Btw we have already reached the alltime high on BTC, correct me if Im wrong Grin

Topic: Bitcoin halving, how low the price can be? - page 2. (Read 663 times)