Bitcoin Halving Price Prediction $55,000 - $130,000 - page 3.

pixie85

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Quote from: TitanGEL on December 21, 2019, 08:37:22 AM

I do not think that so because for me bitcoin cannot easily achieve $55000 per each. I think it is exaggerated and for me achieving its previous all time is possible. The bitcoin has support and resistance. If the price breakout to its current resistance then there will be another resistance. We should be aware that the area of resistance are the area of the sellers so the price are having tough time to surpass it. I do not expect too much in the price of bitcoin and I just keep monitoring its price movement.

Support and resistance cease don't matter when there's hype and FOMO. Did you see resistance levels at play on the way to 20 thousand in 2017?

When we broke 3000 it was all crazy hype fomo market with the price going up by 1000 dollars every few days with almost no pullbacks and corrections. We could be at 50 thousand in less than 6 months of a fomo market.

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Quote from: TitanGEL on December 21, 2019, 08:37:22 AM

Quote from: darkangel11 on December 20, 2019, 12:19:43 PM

Quote from: johnwest on December 20, 2019, 12:10:03 PM

Everyone is just hoping that this will be true and the price reach may be 7x or 8x of previous all time high. I feel the halving will be a great positive point for the crypto community and we may see another new rally towards ATH.

When the majority is talking about it all the time it usually doesn't happen. I can already tell you that if we keep seeing this "when pump when lambo" attitude towards halving it will end with a major disappointment. The reason for it being that this fake hype makes a lot of newbies enter the market and all of them just want to exit to fiat. THey want to buy Bitcoin with their 10k savings and after a month exit with 15k never to return making it harder and harder to break psychological barriers like 10k.

I do not think that so because for me bitcoin cannot easily achieve $55000 per each. I think it is exaggerated and for me achieving its previous all time is possible. The bitcoin has support and resistance. If the price breakout to its current resistance then there will be another resistance. We should be aware that the area of resistance are the area of the sellers so the price are having tough time to surpass it. I do not expect too much in the price of bitcoin and I just keep monitoring its price movement.

So do I and never think that to be happen since if we look back on what's happening today for sure it will hunt down the mindset of the people and whenever we can see a big price up then the sells will follow since we already encounter those things up and those given numbers is so huge which really not possible to pass on right now. Maybe it's best for us to monitor the flows and instead of thinking about impossible things we should focus on the current condition.

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Quote from: bbc.reporter on December 20, 2019, 12:59:04 AM

I disagree. Decreasing supply also might cause some miners to shutdown, leaving bitcoin with less hashrate without increasing the price.

I reckon that we should stop and analyze the situation without following the permabull echo chamber blindly.

I think miners are completely dependent on income, from what I've seen in the past year and a half. And that's not as much to do with the exact economics of selling bitcoin, but on how much they can keep the operations afloat for, versus how much they've got in the bank. I still believe miners actually try to time their sells and then actually have enough in the bank to operate at a theoretical loss. They're always selling either at a high.

Other way is contractually via OTC. Once that contract runs out and they can't negotiate a good price, then it's all over until they can.

That's totally not scientific, by the way, the way my gut sees it now.

TitanGEL

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Quote from: darkangel11 on December 20, 2019, 12:19:43 PM

Quote from: johnwest on December 20, 2019, 12:10:03 PM

Everyone is just hoping that this will be true and the price reach may be 7x or 8x of previous all time high. I feel the halving will be a great positive point for the crypto community and we may see another new rally towards ATH.

When the majority is talking about it all the time it usually doesn't happen. I can already tell you that if we keep seeing this "when pump when lambo" attitude towards halving it will end with a major disappointment. The reason for it being that this fake hype makes a lot of newbies enter the market and all of them just want to exit to fiat. THey want to buy Bitcoin with their 10k savings and after a month exit with 15k never to return making it harder and harder to break psychological barriers like 10k.

I do not think that so because for me bitcoin cannot easily achieve $55000 per each. I think it is exaggerated and for me achieving its previous all time is possible. The bitcoin has support and resistance. If the price breakout to its current resistance then there will be another resistance. We should be aware that the area of resistance are the area of the sellers so the price are having tough time to surpass it. I do not expect too much in the price of bitcoin and I just keep monitoring its price movement.

nanaimogold

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Quote from: btc78 on December 20, 2019, 05:03:57 AM

i would be happy even we only break the 20$ grant last 2017 ,i dont want to frustrate myself looking for much higher because i know there will the the change of system this coming halving.
there will be abusing that happen from the biggest investors just like what they are doing in the market movement from the start.

Exactly my friend. I am more interested in bitcoin crossing its all time high of $20k than making new records at x3 of ath. Although previous history of bitcoin during halving had a tremendous return but we can't still overlook other variables that might take its toll on the price as well. So I will generally buy some btc and keep an open mind

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Quote from: johnwest on December 20, 2019, 12:10:03 PM

Everyone is just hoping that this will be true and the price reach may be 7x or 8x of previous all time high. I feel the halving will be a great positive point for the crypto community and we may see another new rally towards ATH.

When the majority is talking about it all the time it usually doesn't happen. I can already tell you that if we keep seeing this "when pump when lambo" attitude towards halving it will end with a major disappointment. The reason for it being that this fake hype makes a lot of newbies enter the market and all of them just want to exit to fiat. THey want to buy Bitcoin with their 10k savings and after a month exit with 15k never to return making it harder and harder to break psychological barriers like 10k.

johnwest

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Everyone is just hoping that this will be true and the price reach may be 7x or 8x of previous all time high. I feel the halving will be a great positive point for the crypto community and we may see another new rally towards ATH.

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Quote from: Bagaji on December 16, 2019, 05:59:47 PM

Quote from: ReiMomo on November 14, 2019, 03:34:24 PM

The count down of the next halving scalability was almost there, https://www.bitcoinblockhalf.com/ link shows, 182 days more to go.

Everyone waiting for the best result on this becoming promising event in bitcoin price, the next halving. But the real fact is no one knows the market situation is and it is an unpredictable price movement. Let's time can tell and will reveal the truth.

Thank you for sharing.

Despite the fact that it is some how difficult to predict the future price during or after halving it is believe that history do repeat itself. And you take a vivid look at what has happened during halving in the past you will come to realize that they might replicate of the past incidents.

I am sure history will repeat itself, every 4 years after Halving happens, the price of Bitcoin is always pump very high, We can look at the previous Halving where in 2017 (a year after Halving) and I think the same Pump will occur in 2021, a year after Halving.

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Quote from: btc78 on December 20, 2019, 05:03:57 AM

i would be happy even we only break the 20$ grant last 2017 ,i dont want to frustrate myself looking for much higher because i know there will the the change of system this coming halving.
there will be abusing that happen from the biggest investors just like what they are doing in the market movement from the start.

Once the halving takes effect & there are less coins on the market the previous ATH will smashed. 2021 is going to be epic.

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i would be happy even we only break the 20$ grant last 2017 ,i dont want to frustrate myself looking for much higher because i know there will the the change of system this coming halving.
there will be abusing that happen from the biggest investors just like what they are doing in the market movement from the start.

bbc.reporter

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Quote from: Bezobraznike on December 19, 2019, 01:27:40 AM

Quote from: bbc.reporter on December 18, 2019, 10:46:08 PM

@romero121. However, there might also not be an increase in demand after the halving. This is not automatic. Do you not see the argument that it might occur similar to litecoin? It will reduce miners' earnings and it might cause some of them to shutdown.

Some of us are just optimistic, and we have every right to be. Demand doesn't need to increase, it's enough to stay the
same and the price will rise with decreasing the supply.
Deep inside every person on this forum have some optimistic prediction for the price of Bitcoin after the halving. We are
accumulating satoshis and we hope for the best outcome. The halving is getting closer, so in 6 months we will see what
will happen after the halving.

I disagree. Decreasing supply also might cause some miners to shutdown, leaving bitcoin with less hashrate without increasing the price.

I reckon that we should stop and analyze the situation without following the permabull echo chamber blindly.

alisonwonder

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Quote from: Oneandpure on December 18, 2019, 12:48:17 AM

Quote from: Bagaji on December 16, 2019, 05:59:47 PM

Quote from: ReiMomo on November 14, 2019, 03:34:24 PM

The count down of the next halving scalability was almost there, https://www.bitcoinblockhalf.com/ link shows, 182 days more to go.

Everyone waiting for the best result on this becoming promising event in bitcoin price, the next halving. But the real fact is no one knows the market situation is and it is an unpredictable price movement. Let's time can tell and will reveal the truth.

Thank you for sharing.

Despite the fact that it is some how difficult to predict the future price during or after halving it is believe that history do repeat itself. And you take a vivid look at what has happened during halving in the past you will come to realize that they might replicate of the past incidents.

How come you can said with higher price without analyze and check with support price of bitcoin although with bitcoin halving time maybe needed with looking with bitcoin price today, possible right now bitcoin only $6670 and up higher above $55k when bitcoin halving coming and have higher speculation with bitcoin and altcoin, I think is not possible to see with very higher price for bitcoin.

halving before always increases above 500% even the last increase moves around 2000%, so there is a possibility that the next halving can increase 2x from ATH 2017.
Last halving is also when the price is at $3600 it can increase up to $19000, so everything is still possible.

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Quote from: riso2015 on December 19, 2019, 04:19:51 AM

Quote from: Bagaji on December 16, 2019, 05:59:47 PM

Quote from: ReiMomo on November 14, 2019, 03:34:24 PM

The count down of the next halving scalability was almost there, https://www.bitcoinblockhalf.com/ link shows, 182 days more to go.

Everyone waiting for the best result on this becoming promising event in bitcoin price, the next halving. But the real fact is no one knows the market situation is and it is an unpredictable price movement. Let's time can tell and will reveal the truth.

Thank you for sharing.

Despite the fact that it is some how difficult to predict the future price during or after halving it is believe that history do repeat itself. And you take a vivid look at what has happened during halving in the past you will come to realize that they might replicate of the past incidents.

I am sure history will repeat itself, every 4 years after Halving happens, the price of Bitcoin is always pump very high, We can look at the previous Halving where in 2017 (a year after Halving) and I think the same Pump will occur in 2021, a year after Halving.

Yep also needs a process to reach ATH especially when every halving happens in a few months there will be a pumping I'm so sure about that but we have to wait in the right time, especially when market conditions like this are still many speculating about the price of bitcoin that will soar high but not in fact this year.

Oneandpure

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Quote from: Bagaji on December 16, 2019, 05:59:47 PM

Quote from: ReiMomo on November 14, 2019, 03:34:24 PM

The count down of the next halving scalability was almost there, https://www.bitcoinblockhalf.com/ link shows, 182 days more to go.

Everyone waiting for the best result on this becoming promising event in bitcoin price, the next halving. But the real fact is no one knows the market situation is and it is an unpredictable price movement. Let's time can tell and will reveal the truth.

Thank you for sharing.

Despite the fact that it is some how difficult to predict the future price during or after halving it is believe that history do repeat itself. And you take a vivid look at what has happened during halving in the past you will come to realize that they might replicate of the past incidents.

How come you can said with higher price without analyze and check with support price of bitcoin although with bitcoin halving time maybe needed with looking with bitcoin price today, possible right now bitcoin only $6670 and up higher above $55k when bitcoin halving coming and have higher speculation with bitcoin and altcoin, I think is not possible to see with very higher price for bitcoin.

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Quote from: bbc.reporter on December 18, 2019, 10:46:08 PM

@romero121. However, there might also not be an increase in demand after the halving. This is not automatic. Do you not see the argument that it might occur similar to litecoin? It will reduce miners' earnings and it might cause some of them to shutdown.

Some of us are just optimistic, and we have every right to be. Demand doesn't need to increase, it's enough to stay the
same and the price will rise with decreasing the supply.
Deep inside every person on this forum have some optimistic prediction for the price of Bitcoin after the halving. We are
accumulating satoshis and we hope for the best outcome. The halving is getting closer, so in 6 months we will see what
will happen after the halving.

bbc.reporter

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@romero121. However, there might also not be an increase in demand after the halving. This is not automatic. Do you not see the argument that it might occur similar to litecoin? It will reduce miners' earnings and it might cause some of them to shutdown.

Bagaji

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Quote from: ReiMomo on November 14, 2019, 03:34:24 PM

The count down of the next halving scalability was almost there, https://www.bitcoinblockhalf.com/ link shows, 182 days more to go.

Everyone waiting for the best result on this becoming promising event in bitcoin price, the next halving. But the real fact is no one knows the market situation is and it is an unpredictable price movement. Let's time can tell and will reveal the truth.

Thank you for sharing.

Despite the fact that it is some how difficult to predict the future price during or after halving it is believe that history do repeat itself. And you take a vivid look at what has happened during halving in the past you will come to realize that they might replicate of the past incidents.

romero121

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Quote from: bbc.reporter on December 17, 2019, 09:28:26 PM

Quote from: Wexlike on December 16, 2019, 02:55:16 PM

Quote from: tenakha on November 21, 2019, 06:14:20 PM

If the analysis were that easy...
We are all aware of the different nature of BTC. So we do not know what will happen until or after halving. Maybe the price will go down as it does today, maybe it will increase as unexpected. The previous ones had an impact on the price, and I hope we will get the same result from the next halving. For now, the important thing is whether the price will reach $6900 level and the next moves.

Well, we just reached $6900. Curious how it will go from here.

It might also occur similar to litecoin after its halving where some of the miners shutdown and the hashrate went down. I reckon it might begin the question if fees alone can secure bitcoin.

There was big expectation by the time of halving. What we expected and what happened with litecoin is entirely different. Those two past halving gave good market pumping, but the present market scenario is different and there is increased market demand as very little number is to be mined compared to the previously mined bitcoins. This time the growth should be much higher than the past, but as of now there is hard to predict what gonna happen by the days before and after halving.

bbc.reporter

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Quote from: Wexlike on December 16, 2019, 02:55:16 PM

Quote from: tenakha on November 21, 2019, 06:14:20 PM

If the analysis were that easy...
We are all aware of the different nature of BTC. So we do not know what will happen until or after halving. Maybe the price will go down as it does today, maybe it will increase as unexpected. The previous ones had an impact on the price, and I hope we will get the same result from the next halving. For now, the important thing is whether the price will reach $6900 level and the next moves.

Well, we just reached $6900. Curious how it will go from here.

It might also occur similar to litecoin after its halving where some of the miners shutdown and the hashrate went down. I reckon it might begin the question if fees alone can secure bitcoin.

Wexlike

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Quote from: tenakha on November 21, 2019, 06:14:20 PM

If the analysis were that easy...
We are all aware of the different nature of BTC. So we do not know what will happen until or after halving. Maybe the price will go down as it does today, maybe it will increase as unexpected. The previous ones had an impact on the price, and I hope we will get the same result from the next halving. For now, the important thing is whether the price will reach $6900 level and the next moves.

Well, we just reached $6900. Curious how it will go from here.

Topic: Bitcoin Halving Price Prediction $55,000 - $130,000 - page 3. (Read 1557 times)