Bitcoin Halving Price Prediction $55,000 - $130,000

thecodebear

hero member

Activity: 2240

Merit: 848

Quote from: Spaffin on April 16, 2020, 12:37:42 PM

Quote from: gentlemand on April 09, 2020, 02:50:09 PM

We're either well and truly on the precipice of something cataclysmic or we're going to be dragged back from the edge and spurt some major relief all over the place. I am impressed at how well BTC's price has held up but I also think we're in a bit of a disbelief stage still. I wouldn't want to make any calls about anything at present.

At its core, the expectations of cryptocurrency users have not changed since November 2019, when this theme was created until today. There were constant forecasts that Bitcoin would improve its performance in the cryptocurrency market, but no one imagined what was happening around the world today. Until recently, I very much hoped for another halving of 2020, which would provoke a shortage of Bitcoin in the market, which would lead the entire cryptocurrency market to stable growth, but somehow coronavirus destroys all plans and hopes not only in the cryptocurrency market, but also in relation to to any business in the world. but nonetheless, I believe that during the period of deep economic crisis that awaits us in the near future, it is the cryptocurrency market that should become a lifeline for many investors and businessmen.

I mean the halving is still taking place haha, its still gonna cause the same general effect as it would have, which is to limit new supply and therefore put upward pressure on the price in the months and years to come. Its just that the March 12th panic sell and the fact that tons of people aren't gonna have jobs for a while means there is less money in Bitcoin and will be for a while, so likely this market cycle will be extended by the pandemic. For example, hypothetically if we were gonna see the height of the bull market in 2021, maybe we'll see it in 2022 now instead. You are right though that the expectations haven't really changed, just the timeline is likely moved back a bit.

Spaffin

full member

Activity: 1316

Merit: 108

Quote from: gentlemand on April 09, 2020, 02:50:09 PM

We're either well and truly on the precipice of something cataclysmic or we're going to be dragged back from the edge and spurt some major relief all over the place. I am impressed at how well BTC's price has held up but I also think we're in a bit of a disbelief stage still. I wouldn't want to make any calls about anything at present.

At its core, the expectations of cryptocurrency users have not changed since November 2019, when this theme was created until today. There were constant forecasts that Bitcoin would improve its performance in the cryptocurrency market, but no one imagined what was happening around the world today. Until recently, I very much hoped for another halving of 2020, which would provoke a shortage of Bitcoin in the market, which would lead the entire cryptocurrency market to stable growth, but somehow coronavirus destroys all plans and hopes not only in the cryptocurrency market, but also in relation to to any business in the world. but nonetheless, I believe that during the period of deep economic crisis that awaits us in the near future, it is the cryptocurrency market that should become a lifeline for many investors and businessmen.

gentlemand

legendary

Activity: 2590

Merit: 3015

Welt Am Draht

Quote from: thecodebear on April 09, 2020, 11:11:46 AM

The global economic crisis caused by the pandemic sets everything back a bit I think, because when people have less money to spend that means less money goes into bitcoin.

Imagine proposing the situation we've ended up in now when this thread was started in November. You'd be accused of being a pisspoor slash fiction hack.

We're either well and truly on the precipice of something cataclysmic or we're going to be dragged back from the edge and spurt some major relief all over the place. I am impressed at how well BTC's price has held up but I also think we're in a bit of a disbelief stage still. I wouldn't want to make any calls about anything at present.

mahilchii

member

Activity: 560

Merit: 13

Quote from: thecodebear on April 09, 2020, 11:11:46 AM

I generally agree with the 55k to 130k prediction. I mean that is a huge range haha, but I'd be very surprised if the peak of the next boom is not in that range. The global economic crisis caused by the pandemic sets everything back a bit I think, because when people have less money to spend that means less money goes into bitcoin. I think we'll probably see the next peak in 2022, basically 2 to 3 years from now. I think there is a small chance it breaches $100k, then in euphoria jumps to like $120k in the days that follow before crashing. But at this point I think its more likely we see mid to high 5 digits as the next peak. I think a little bit of institutional money will flow into Bitcoin during the current market cycle, but it's not gonna follow the price to the peak and then get burned on the crash, it'll get out early in the mid-to-high 5 digits which I think will stall the bull run. For a more narrow prediction I'd say $60k - $90k will be the peak of this market cycle in less than 3 years.

Its not a huge range we can call it as beyond the limit, nowadays people's predictions are like blunders they give whatever they want. They are just blindly updating without analysing the market startegy...

I just wanted to let them know how crypto works, it's very simple when there's a demand in coin the price will automatically go up...

thecodebear

hero member

Activity: 2240

Merit: 848

I generally agree with the 55k to 130k prediction. I mean that is a huge range haha, but I'd be very surprised if the peak of the next boom is not in that range. The global economic crisis caused by the pandemic sets everything back a bit I think, because when people have less money to spend that means less money goes into bitcoin. I think we'll probably see the next peak in 2022, basically 2 to 3 years from now. I think there is a small chance it breaches $100k, then in euphoria jumps to like $120k in the days that follow before crashing. But at this point I think its more likely we see mid to high 5 digits as the next peak. I think a little bit of institutional money will flow into Bitcoin during the current market cycle, but it's not gonna follow the price to the peak and then get burned on the crash, it'll get out early in the mid-to-high 5 digits which I think will stall the bull run. For a more narrow prediction I'd say $60k - $90k will be the peak of this market cycle in less than 3 years.

buwaytress

legendary

Activity: 2968

Merit: 3684

Join the world-leading crypto sportsbook NOW!

Quote from: gogoi on April 09, 2020, 07:16:18 AM

You think the performance of the last two halving cycles were anomalies. What do you base that off of pure speculation or intuition?

I can't speak personally for the first halving event, but in 2012, when almost 50% of all BTC had already been mined, I always wonder about how big the markets truly were, how distributed, how much the actual volume really was when you took away wash numbers and bots (who had to be super rife in those days). Price had to be a lot easier to manipulate then, so I always take those numbers with a pinch of salt.

Here's a piece of history: the miner, and his gear, that found the block to trigger the first halving event;) :

https://bitcointalksearch.org/topic/sold-a-piece-of-bitcoin-history-video-card-that-found-block-210000-168342

gogoi

jr. member

Activity: 42

Merit: 6

Quote from: bitbunnny on December 25, 2019, 01:16:21 PM

Another exaggerated prediction, that is all I can comment.
I think that expectations from halving are too high. It might influence the price in positive way, however that will probably be on short term and on a smaller scale. I don't expect some huge price jump and especialy not price range of 55000$ or more, I.don't think that is likely at all.

You think the performance of the last two halving cycles were anomalies. What do you base that off of pure speculation or intuition?

gogoi

jr. member

Activity: 42

Merit: 6

Quote from: italianMiner72 on January 15, 2020, 09:41:52 AM

i think 130K usd still too much...
but according to the stock to flow analysis, maybe we can approach 100000usd
for the previous bitcoin halving seem it worked great...
but all of us know, the history, is not sure, it will repeat itself!

take a look at the chart below.

While I have 130K as my fair priced target (stock to flow has 110k) the important piece to consider is that markets tend to overshoot themselves both to the upside and downside.

Take a look at the chart you provided and prior to the 1st halving and during the 1st halving price reached beyond the upper bound of the stock 2 flow chart.

During the 2nd cycle reached the upper bound.

If during the coming 3rd halving cycle prices again reached or exceeds the upper bound that places price close to $350,000.

Now again markets tend to overshoot to the upside and downside.

An -85% correction from the peak if it were 350k places Bitcoin back down to $52,500 in the bear before recovering toward fair price of S2F $110,000 before the 4th halving cycle.

fravia

hero member

Activity: 770

Merit: 500

CryptoTalk.Org - Get Paid for every Post!

After the price recovery to be fair I have regained a little bit of money. Probably the pumps were high in past halvings to some degree, but certainly by now anyone remotely interested in finance, capital, bitcoin or gold would have known about May 2020 halving a long time ago. This is probably the most talked about, most anticipated, and most hyped, unlike past halvings. It seems expectations will fail when it comes to the price of Bitcoin... Not to say it's not going to be an influence, but to me it's already coming into play

ubercool

hero member

Activity: 1078

Merit: 504

My best guess would be between 50000$ to 75000$, but as many of the community members predict, it'll be after the halving rather than before. So end of 2020 and 2021 would be a bull tide for BTC and I'm just thinking that at least 10% of that positive movement should go to alts, only then we'll survive. Otherwise all the alt holders will just bleed in this situation.

Darooghe

sr. member

Activity: 1120

Merit: 255

In my opinion it’s fairly safe to say that Bitcoin will still be at the attention of the cryptocurrency industry and investors in 2020 with the upcoming Bitcoin halvening in May. a halvening happens roughly every 4 years, and historically it have resulted in a bull run. The Bitcoin halving in 2012 heralded a bull run in 2013, and the halving in 2016 made way for the historic bull run of 2017 where Bitcoin reached its highest ever price of $20,000. I think this time we hit $60,000 easily.

Visbay

sr. member

Activity: 1236

Merit: 252

Quote from: LordShanken on January 15, 2020, 11:20:31 AM

Quote from: ?? on ??

Are you guys following the Bitcoin Halving Countdown?

We all know that the halving event will be in mid-May, so no countdown is needed, just a regular calendar.
The biggest question is whether the bull run starts now and the new ATH will be above $100k, or if it is a bull trap now and the bull run will start as always after halving, and the BTC price will fight for $ 50k .. Roll Eyes

Yes, this is really bad to make people fool by giving such baseless predictions without any serious motive. According to me bitcoin is having the potential to rise and it increases more than double in a short time but according to the current analysis price will cross only $20k this year and it will take more than 5 years to rise this much. We better keep waiting with determinants.

Jiyens3

sr. member

Activity: 826

Merit: 250

CryptoTalk.Org - Get Paid for every Post!

Quote from: Sterbens on December 25, 2019, 12:44:35 PM

Quote from: MI6 on December 25, 2019, 04:39:47 AM

Quote from: lienfaye on December 23, 2019, 12:04:05 AM

Quote from: MI6 on December 22, 2019, 11:39:54 PM

Quote from: DevilSlayer on December 22, 2019, 10:59:17 PM

It is possible but it will take a time, bitcoin will not easily achieve that $55,000 per each. I think it will be a months or even years. But one thing is sure and it is the growing the value and the power of bitcoin. The halving will cause the market reversal where if the bitcoin is still bearish next year we will see that it will form a market reversal chart and the bearish market will become a bullish market.

$55000 if only because halving maybe not really enough to reach. Maybe after it, need a months or a years for bitcoin price to reach even $50000. For me, maybe i wouldn't expect that high because will need a lot of money to pump bitcoin into that price.

Many have said the price of btc will skyrocket after the halving but we cant rely too much with those predictions. History might repeat itself but still no one knows if this is still the case for the next halving. Its better to have our own analysis about it so we are prepared whatever the outcome is.

Speculations can help us to make decision with our investment. Only help and we can use it to make our own analysis. I think yes price can be skyrocket, but no one can fixed to know when and how much it will reach. As long we prepare for worst thing that can be happen, we are ready for it.

In fact, I cannot conclude that speculation is true. I prefer to wait for speculations that are not clear, even the experts cannot judge the results correctly.
Invest in doing it with your own and indeed if halving happens, many will consider it a sharp spike, but that hasn't been confirmed either.

yes all speculation is just an opinion, you can not fully trust on it. better to make your decision because your decision has own risk . for me better to see condition on the market than follow the speculations from people

each halving bitcoin price can not predict and always reach new ATH (you can see in the history), so maybe the next halving will reach new ATH again but can not make sure how much.

LordShanken

sr. member

Activity: 1112

Merit: 256

Quote from: ?? on ??

Are you guys following the Bitcoin Halving Countdown?

We all know that the halving event will be in mid-May, so no countdown is needed, just a regular calendar.
The biggest question is whether the bull run starts now and the new ATH will be above $100k, or if it is a bull trap now and the bull run will start as always after halving, and the BTC price will fight for $ 50k .. Roll Eyes

Twinkledoe

full member

Activity: 1904

Merit: 138

★Bitvest.io★ Play Plinko or Invest!

Quote from: d3nz on January 15, 2020, 10:21:21 AM

Quote from: bitbunnny on December 25, 2019, 01:16:21 PM

Another exaggerated prediction, that is all I can comment.
I think that expectations from halving are too high. It might influence the price in positive way, however that will probably be on short term and on a smaller scale. I don't expect some huge price jump and especialy not price range of 55000$ or more, I.don't think that is likely at all.

And that would be a big jump and we don't know yet if the bitcoin's value will still rise up to $15,000 or more, we just need to wait and take advantage of the market's flow. Even thou there is a lot of prediction we just always need to accumulate and I am really expecting a rise in the value of bitcoin because the halving is near and once the reward will be in half then a few miners may only mine it since it could be not profitable for them because of the electricity consumed in bills.

And better to check the value of bitcoin every hour since it is going up or down as of today.

The OP's price prediction is too much. Though we are not to believe everyone's speculation, but some newbies are sometimes gullible enough to believe what they are reading. And then later on, they will curse that person for having wrong prediction because they lost money. Everyone can have their prediction but it doesn't mean that you need to believe of all this crap. If btc will rise at least twice its value now, we will be grateful but if not, that's fine.

d3nz

sr. member

Activity: 1372

Merit: 264

Quote from: bitbunnny on December 25, 2019, 01:16:21 PM

Another exaggerated prediction, that is all I can comment.
I think that expectations from halving are too high. It might influence the price in positive way, however that will probably be on short term and on a smaller scale. I don't expect some huge price jump and especialy not price range of 55000$ or more, I.don't think that is likely at all.

And that would be a big jump and we don't know yet if the bitcoin's value will still rise up to $15,000 or more, we just need to wait and take advantage of the market's flow. Even thou there is a lot of prediction we just always need to accumulate and I am really expecting a rise in the value of bitcoin because the halving is near and once the reward will be in half then a few miners may only mine it since it could be not profitable for them because of the electricity consumed in bills.

And better to check the value of bitcoin every hour since it is going up or down as of today.

italianMiner72

hero member

Activity: 910

Merit: 511

i think 130K usd still too much...
but according to the stock to flow analysis, maybe we can approach 100000usd
for the previous bitcoin halving seem it worked great...
but all of us know, the history, is not sure, it will repeat itself!

take a look at the chart below.

gogoi

jr. member

Activity: 42

Merit: 6

Quote from: gogoi on November 14, 2019, 02:20:45 PM

Approximately every 4 years the reward that miners receive for finding a block, halves. This event is referred to as the “Bitcoin halving” and was hardcoded by Satoshi Nakamoto into the Bitcoin protocol to enforce its deflationary monetary policy.

In the 2020 Bitcoin halving mining rewards will drop from 12.5 Bitcoins per block, to 6.25 Bitcoins per block.

At the time of the 2020 halving, 18,375,000 Bitcoins will have been mined in total. That’s approximately 85% of the total Bitcoin supply.

What will the Bitcoin price be at the halving?

Right after the first halving in 2012, the Bitcoin price rose from $12 to $140. Weeks after the second halving in 2016, Bitcoin started a rally that propelled its price from $582 to $20,000.

This video provides the exact price range to expect at the halving and looks at the possible height of the bull market following.

https://www.youtube.com/watch?v=UKHI_-SIcDU

This video provides the exact price range to expect at the halving and looks at the possible height of the bull market following.

https://www.youtube.com/watch?v=UKHI_-SIcDU

buwaytress

legendary

Activity: 2968

Merit: 3684

Join the world-leading crypto sportsbook NOW!

Quote from: ?? on ??

Are you guys following the Bitcoin Halving Countdown?

Not really, but it's been burnt into my mind from every other counter showing it;)

I was hoping to see a lot more people say the halving would be a non-event (since Bitcoin does love proving people wrong) but I think this halving could also be the first where the most people say it's going to push BTC into a rally. OF course, it's also probably the first where prominent voices think it'll be a silent tree falling in the forest. Morgan Creek is the perfect example, both co-founders totally at odds with each other in their view of halving (Pomp says not priced in, Williams says non-event).

bitcoindusts

sr. member

Activity: 1092

Merit: 271

Quote from: free-bit.co.in on December 25, 2019, 02:46:52 PM

2020 won't be a magic year for Bitcoin, I expect $15k in best scenario and in the worst case between $8k-$10k. It will be a long and slow year for Bitcoin. 2021 will be more realistic that things start moving up, well we will see!

Same here, I also think $15k would be the highest BTC price this year. I think the halving hype is not enough to push BTC to its new heights. Aside from that there are lots of shorters in the market, they tend to short their trades when they see a 10% to 20% profit. If traders wanted Bitcoin to really go high and break its ATH, they should hoard their BTC and sell when it hits the mark ($20k+).

Topic: Bitcoin Halving Price Prediction $55,000 - $130,000 (Read 1583 times)