Bitcoin Halving Price Prediction $55,000 - $130,000 - page 7.

pooya87

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Quote from: proudhon on November 14, 2019, 06:34:46 PM

Nah, the halving was priced in in that run-up near $14k earlier this year. Once the halving comes and goes and the price is still below $10k, then the real disappointment will set in and we'll see massive sell-offs as people abandon bitcoin en masse. The run for the door is going to be as spectacular to watch as its rise has been. It'll wobble up and down as it continues the greater down trend it's been in, and is clear as day, for the last near 2 years. It might be able sustain an unstable price around $1k. $20k was utter insanity. $10k is pretty absurd.

you sound like kuwakduck (RIP) here Tongue

the run-up to $14k in my view was the result of the reverse-bubble burst which caused a big surge of money coming back in and shoot the price up. the $10k price is just the bare minimum after the recovery which should be acting as the launching price level for the next bull run.
halving will only be the catalyst that could possibly shorten the accumulation time needed before the next rising phase begins.

batang_bitcoin

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Quote from: gentlemand on November 14, 2019, 03:52:49 PM

Quote from: batang_bitcoin on November 14, 2019, 03:47:05 PM

I'm also thinking the same thing, I've seen the other halving and didn't do much after it but the next year was a boom.

It does also of course depend on what the wider economy is up to as well. 2021 is quite a way away and a lot could go tits up by then. All previous price action has happened with the luxury of a pretty much relentless rising tide. At some point that has to falter and then we'll see what's what.

We might be far away from that year but I think it's going to build a better economy by next year up to that year and the next would be part of another great history for bitcoin's rise and fall.

Quote from: maydna on November 15, 2019, 01:29:23 AM

Perhaps, the price will hit $40k in 2021, but in 2020, the price will start to rise step by step, and it's not increasing in a short time. But who knows that what we expected can happen in the next year.

We have the same concept in our minds that gradually it shall rise by next year to 2021.

Wexnident

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Well, most of us are probably expecting a similar progression or turn of events just as the past halvings, or at the very least, something similar. Observations could be seen that halvings occur, price goes up and down then suddenly pumps at an insane price. Its honestly quite hard to believe its possible for it to occur a 3rd time, but we all hope as such though.

Assuming that BTC popped off in the past halvings because of the supply being cut off in half, and then another half, we can assume that this halving is the midway, and the rest of the halvings after this year wouldn't impact BTC like what the last halvings did.

If we can say that the last 2 were pumps in price , the 3rd could be a pump or retain, while the rest after the third should be negligible rises or just price retain.

Taskford

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Quote from: alexsandria on November 15, 2019, 12:09:27 AM

Quote from: ReiMomo on November 14, 2019, 02:34:24 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.

I am so excited with this event though I somehow afraid of something. Well, halving never fails, price always pumps right after the halving though no one knows what might come next but if we were to look back halving makes price go sky-rocket, and it always did so we are somehow sure that right after the halving in mid 2020 price will surely increase. In comparison in the real world when supply decreases the demand increases as well as its price.

For the long streak of bear market for sure there will be a good thing coming in 2020 and since halving season will came we will gonna experience another skyrocketing price just like what we see on the past halving. And it's good thing to take out the negativity on our mind so that we can create a positive mindset to the person who talks about this but the let see what will happen on future on hopefully we will not fail for our expectations.

maydna

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It's hard to predict if the price will hit that price, although it could be possible to happen when the halving is close from now. We don't have a clue on how high bitcoin prices will reach, and many people making their predictions. Some people say bitcoin will rise so high and perhaps, it will cross more than $20k-$30k because the rewards for the miner reduces.

Perhaps, the price will hit $40k in 2021, but in 2020, the price will start to rise step by step, and it's not increasing in a short time. But who knows that what we expected can happen in the next year.

alexsandria

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Quote from: ReiMomo on November 14, 2019, 02:34:24 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.

I am so excited with this event though I somehow afraid of something. Well, halving never fails, price always pumps right after the halving though no one knows what might come next but if we were to look back halving makes price go sky-rocket, and it always did so we are somehow sure that right after the halving in mid 2020 price will surely increase. In comparison in the real world when supply decreases the demand increases as well as its price.

Darooghe

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The previous two halvings were followed by jumps up to $1,200 and $19,000. However, it takes months or a year for this effect to be seen. short term effects are due to hype but long term effects are due to the actual decrease in new supply creation. according to experience from other halvings on other coins. If the value doesn’t pick-up, the hashrate/difficulty will adjust to a new lower equilibrium as less profitable mining. So the risk I see is the huge expectations which are associated with this event, and unlike the previous times this time it seems everyone is aware and waiting for the spike to happen.

Reid

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But the price could not be actually told accurately.

Let us make 20k as an example. Yes, it did hit that price but it doesn't mean that it will stay that way.
That pump is most likely an error for me. It doesn't seem to be right at all.

True that miners need the right price for payments in their electric bills but still the demand should show up. If none of those happens then how will there be a good pump?

LouVandetta

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I can't wait to see what the effect the halving will have later. Only 181 days to go. As OP mentioned after the halving the price rose quite significantly.
And the last halving that occurred July 2016 took a year and a half to reached the All Time high on late 2017. So I don't think we will gonna see another big pump in 2020.
Might be 2021, still, I might be wrong. But I do hope for the best.

ashmodeus

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well, that price is too high for me .
i saw the explanation on that video and i just confused , he just explain based on previous halving , and calculate percentage , but he didn't think any factor/sentiment from other sides.
i wont believe it , if u want hear my speculation , 19-40k is a perfect price.

bitsurfer2014

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Now this will be more exciting as the next Bitcoin halving will ultimately prove or disappoint what most people expect - a historic recurrence wherein Bitcoin price soars up after that event!

I personally believe the effects of this next halving will definitely be in a greater magnitude so that I would assume that we will see Bitcoin reach a new ATH again.

wajik-tempe

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Even the supply is less and the difficulty to get bitcoin is twice higher after halving, it will still depends on the demand, it the demands is still the same just like today, i'm sure the price at least doubled from today. And for reaching more than 50k i think it won't happen in near future but a year after the halving, just like the big bull run before, bitcoin halving in 2016 and the price pumped in the next year

proudhon

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Nah, the halving was priced in in that run-up near $14k earlier this year. Once the halving comes and goes and the price is still below $10k, then the real disappointment will set in and we'll see massive sell-offs as people abandon bitcoin en masse. The run for the door is going to be as spectacular to watch as its rise has been. It'll wobble up and down as it continues the greater down trend it's been in, and is clear as day, for the last near 2 years. It might be able sustain an unstable price around $1k. $20k was utter insanity. $10k is pretty absurd.

goinmerry

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

Weeks after the second halving in 2016, Bitcoin started a rally that propelled its price from $582 to $20,000.

2016 halving..it's like just yesterday. I remember a few months before 2016 halving, everyone always talks about the price increase that might happen after that. And halving now occurs, no big movement on the price for at least months if I remember. Then suddenly at the last quarter of 2017, bitcoin gone wild and established it's new ATH.

I personally believed that's not because of halving but only because others ride the trend. Now for the upcoming halving next year, I will not think of the same since we are now done on the stage of withstanding the negative impacts and all remains are true.

We might not see a sudden increase after the next year 's halving but I'm sure the bitcoin price will establish a new ATH after a year or two.

Slow death

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

Weeks after the second halving in 2016, Bitcoin started a rally that propelled its price from $582 to $20,000.

Two years ago, the price has reached the $20,000 because of ICOs, hard fork and the high expectation created about the Futures. If we follow your reasoning, then when the price reaches $55000 months later it will fall much as it did when the price reached $20,000 and then dropped to $ 3000. I see a lot of comments that the price will reach $ 55000, but in my opinion this is a big exaggeration

Baofeng

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Maybe the question is when are we going to hit that price?

To be able to get to that range, we need money, fresh blood to pump the market, maybe institutions to enter the picture. But it will be very difficult specially when we tops $20k as this is going to be the big psychological barrier (remember the last time?). But I believed that the money should come in retail or more adoption continents like Africa could be a big place to fuel this, just saying.

gentlemand

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Quote from: magneto on November 14, 2019, 06:04:50 PM

I think it's possible but it's unlikely for sure.

The market capitalisation right now is significantly higher than previous bull markets, which suggests that it'll be significantly harder for markets to move in the upward direction because it would require a significantly higher capital injection within the market.

I really thought that once the price had moved into late 4 figures and 5 figures the percentages of the moves would be radically lower. People would be excited by a couple of hundred bucks. Yet it can still lose or gain 30-40% in a single day just as it could when it was 2 figures.

I don't know what that means, it doesn't seem healthy to me, but the possibility for truly barking moves is still more than alive and kicking.

If we think in terms of market cap and just how thin these markets are then it still doesn't really require huge sums to make giant moves. I expected it to be past that by now but it hasn't changed. It looks like it needs another monstrous move up before it does start to behave in a less shitcoiny manner and even then it might need another one.

magneto

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I think it's possible but it's unlikely for sure.

The market capitalisation right now is significantly higher than previous bull markets, which suggests that it'll be significantly harder for markets to move in the upward direction because it would require a significantly higher capital injection within the market.

It still remains to be seen whether or not $20k will be breached this time round, because 5 digits is still posing significant psychological barriers right now.

samcrypto

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Quote from: shield132 on November 14, 2019, 05:21:45 PM

In 2012, there was roughly 10x rise in bitcoin's price. In 2016, there was roughly 30x rise. So what about to add them to each other and then halv too? I think 20x rise of current price may be fair cause from this halving. Halving caused huge positive effect on people in both cases and I highly believe this halving will do the same because everyone has almost this expectation that after halving price rises and this expectation + hope + need, really causes rise in price.

There’s a good history about the halving and yes we are expecting a better pump this time and we really hope for that. If we we are going to base the future pump of bitcoin to its history, then it will be more that 50x from its price to day. Its good to be more positive and stay low, expect the reality and be better for tomorrow bitcoin will be the key for our success financially so keep working.

gentlemand

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Quote from: Pearls Before Swine on November 14, 2019, 05:34:54 PM

Anything is possible, of course, but those prices Op predicted seem outlandish to me. There was more to those previous price increases surrounding the last two halvings I think, and I would also have expected any change to be priced in beforehand. If it was that easy to predict a huge increase just because of a halving, it would be like free money for everyone who was interested. That somehow doesn't ring true to me.

I well remember the same thoughts about the previous one yet it happened.

I do agree with you though. It seems way too set in stone in many a mind for something that has only happened twice but this one comes at a time where the building blocks are being put in place for a level of onboarding that wasn't conceivable at the first one.

It's also easy to forget that there was an absolute torrent of new coins still arriving and to arrive at the previous ones. There's still a decent amount of course but in 2012 56% of all coins had been mined, then 78% in 2016 and 89% this time. Then it's just under 11% left for 120 years. That's a big arse difference just when demand might reach previously uncharted levels.

I think it's likely there won't be many more halvings that have an actual noticeable effect, will anyone care about a reduction from 0.00152587 to 0.00076293?, but this one could be the biggest of all before its impact starts to fade away beyond pure psychology or nostalgia.

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