Bitcoin likely won't recover until 2025 - page 3.

Renampun

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Quote from: ?? on ??

The market cycle is bound to happen, but I think 2025 is still too long, imo. Seeing that crypto is now increasingly mainstream, there will be many people who want to invest if crypto is still profitable. and it will make the cycle process possible faster

if we follow the history of the 4 year halving then it is very possible that the Bitcoin price will touch ATH again in 2025...

but now I see it's different, we can't use the halving history as a benchmark anymore because there's been a lot of good news that welcomes Bitcoin, and more than one country has regulated Bitcoin. I personally am not sure about the prediction of bitcoin coming back in 2025, I am sure this year we will see another bitcoin ATH.

pieppiep

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Quote from: poldanmig on February 26, 2022, 07:56:05 AM

Now is the right time for us to collect as much bitcoin as possible, because with the current price correction of course we can get bitcoin at a fairly cheap price, we all know that bitcoin investment tends to be more profitable for anyone who dares to hold on for a long time, so as you said it doesn't matter if we have to wait until 2025 to see the bitcoin price recover, if indeed later it can give us a big advantage.

I hope you can be careful when buying bitcoin as the price could fall back to $37k. The price now goes up to $38k, but who knows if the price will fall again the next day. Only analyzing market movements can help us in deciding so as I said before, it's okay if the price can spike again in 2025.

Quote from: virasog on February 26, 2022, 08:31:24 AM

Yes, i agree with the first part that we need to collect as much bitcoin as possible but i may not agree that bitcoin may not recover until 2025. What if i say that bitcoin will reach another all time high before the next halving or before 2025 ?

Believe me. i am still hoping for the blow off top for bitcoin which may be over 100,000$ and that too in 2022.

There will be a bad bear market of 2 years after this event.

It could happen and I'm sure that we would all be happy if another high could occur before the next half because it would mean we would have a chance to sell at the next high. I believe that and I also believe that bitcoin has a chance to rise beyond $100,000 and I still hope that it will happen this year. But that's just my request, although I don't know if it will happen this year or next year.

Wind_FURY

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Du Jun merely based his analysis from Bitcoin’s halving, and its consistent bull-bear cycles. BUT, if based on that then how should we define “recovery”? Bitcoin is 10x from the last bear cycle’s lows, and priced more that last bull cycle’s highs. Plus if it won’t “recover” until 2025, THEN Bitcoin’s lowest point for the next bear cycle is 2023?

cryptomaniac_xxx

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Quote from: palle11 on February 27, 2022, 12:53:54 PM

Quote from: istiak2277 on February 27, 2022, 09:56:13 AM

Volume is too low that means there isn't fresh money inflowing in crypto market. It seems we need another halving to get momentum in the market again. Banning Russia from swift could force them to use bitcoin for trade. If this happens then we could see momentum in the market again. But this is just a prediction so first we need to wait and see the geopolitical movement.

I think there is a possibility to this. Either of the fighting countries can decide to use bitcoin and that will push the price up. I read that Ukraine is asking for donation in btc but I don't know how that is true so far but with time it can happen if the fight continue but meanwhile even both countries trying to legalize bitcoin.

We've seen the price going up to almost $40k after the banning of Russia from swift. But not sure if we have momentum to actually break the $40k barrier again.

As for the bitcoin's recovery, it's obvious for us who have been in the market for so long that we understand that there is a bull and bear cycle and it's every 4 years. So the next halving is 2024, so just maybe the next bull run might really happen around that time frame.

kotajikikox

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Quote from: TopTort777 on February 22, 2022, 07:17:56 AM

Quote from: kotajikikox on February 21, 2022, 11:48:49 PM

Well the halving will be happening in 2024 , meaning this will be in take effect at 2025 so basically the expectation will be in 2025 bull run.

but of course things may change in different direction because there are countries that coming inside here and there , either adoption or acceptance but at least there are views we can see in the future .

Previous halving did not have any significant effect. The only effect that cryptocurrency has during last 1-2 years was Elon effect Cheesy

Made me smile as well LOL, Elon Effect Grin

but Yeah i may get that point as Halving does not really bring big significant instead it is the Whales pumping the market .

Quote

The boom of crypto and a creation of thousands of useless and scam meme coins. There were posts on the forum about "bitcoin-4-year-life-cycle". Looks like we are in the beginning of it. But I personally don't believe in all these cycles, predictions, holidays that impact price and other bs. Crypto community is very humble, naïve and young. "In which direction does the wind blow", there cryptocurrency goes.

At least the effect is there that 4 year cycle as the market had been into more expectation from what we had in the previous years .

palle11

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Quote from: istiak2277 on February 27, 2022, 09:56:13 AM

Volume is too low that means there isn't fresh money inflowing in crypto market. It seems we need another halving to get momentum in the market again. Banning Russia from swift could force them to use bitcoin for trade. If this happens then we could see momentum in the market again. But this is just a prediction so first we need to wait and see the geopolitical movement.

I think there is a possibility to this. Either of the fighting countries can decide to use bitcoin and that will push the price up. I read that Ukraine is asking for donation in btc but I don't know how that is true so far but with time it can happen if the fight continue but meanwhile even both countries trying to legalize bitcoin.

macson

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Quote from: uneng on February 21, 2022, 02:21:46 PM

Quote

Huobi co-founder Du Jun told CNBC on Sunday that bitcoin prices are often influenced by a technological change in the cryptocurrency's network, called "halving".

Halving is a key feature of bitcoin, and refers to a cutting in half of the amount of cryptocurrency that so-called miners receive as a reward for validating transactions.

The last halvings occurred in 2016 and 2020, and crypto analysts expect the next one to take place in 2024.

Huobi co-founder predicts this cycle is going to repeat itself, following the last bear market pattern, which started right after the ATH of 2017 and lasted long painful years... Is it too pessimistic to think this way or is the halving the real game changer factor which drives market's prices, as Du Jun says?

He also mentions another factors such pandemics and geopolitical issues can influence bitcoin's price, but it's clear the halving factor was highlighted as the most important and influent one among all.

Bitcoin is shaping up to enter a bear market and likely won't recover until 2025, co-founder of Huobi crypto exchange says

i'm not so sure about the many bitcoin price predictions out there because each analyst is free to provide their research. but if indeed the price of bitcoin will return e ath until 2025, that's not a problem for me, i will continue to hold the btc i have and even plan to buy more. btc is a very valuable future investment and it's a shame if i miss it.

beerlover

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Quote from: virasog on February 26, 2022, 08:31:24 AM

Quote from: pieppiep on February 26, 2022, 06:53:40 AM

I don't mind if bitcoin won't recover until 2025 because that means we can still have the opportunity to collect more bitcoins from now until the recovery takes place later. We still have at least 3 more years to try to get more bitcoins and I'm sure if the price moves up and down more, we can profit. We can save profits in bitcoins until the recovery phase comes again and we will have a chance to sell at the next high price.

Yes, i agree with the first part that we need to collect as much bitcoin as possible but i may not agree that bitcoin may not recover until 2025. What if i say that bitcoin will reach another all time high before the next halving or before 2025 ?

Believe me. i am still hoping for the blow off top for bitcoin which may be over 100,000$ and that too in 2022.

There will be a bad bear market of 2 years after this event.

I would agree with you on the 2025 and before part, it will definitely recover before that. I believe that it will recover to 50k+ in 2022 without a doubt, that will certainly happen if you ask me. And in 2023 we are going to be 100k+ for sure, don't know if it will be January 2023, or December 2023 but I know that it will happen somewhere between those days.

However, the important thing is that we are doing fine right now with the bitcoin price being like this after all the horrible stuff and all the economies of the world being so harshly crashing. Look at every economy, not just Russia or Ukraine, but all the others, there is chaos everywhere and we need to just calm down and expect that bitcoin is not untouchable during this period as well.

istiak2277

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Volume is too low that means there isn't fresh money inflowing in crypto market. It seems we need another halving to get momentum in the market again. Banning Russia from swift could force them to use bitcoin for trade. If this happens then we could see momentum in the market again. But this is just a prediction so first we need to wait and see the geopolitical movement.

Baofeng

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Quote from: Woodie on February 26, 2022, 09:36:48 AM

Bitcoin halving has and will always have some major influence on bitcoin price, but something brewing out of the space of bitcoin could actually break or build bitcoin and cryptocurrencies in general.... The external factor of this war and the sactions being applied could see bitcoin recovering and not taking the nose dive as predicted.

I would say that it is the key factor to start the next bull run. Halving as we all know is a key event in bitcoin's history and so far we have seen it as catalyst to a massive spike in prices, reaching all time high. But for now, even though we are far cry from the last all time high, still the price is not that low to say that we are in a bearish market. The price seems to fluctuate and bouncing around $30k-$40k, which is still a good price in my opinion.

Oasisman

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Quote from: Woodie on February 26, 2022, 09:36:48 AM

Bitcoin halving has and will always have some major influence on bitcoin price, but something brewing out of the space of bitcoin could actually break or build bitcoin and cryptocurrencies in general.... The external factor of this war and the sactions being applied could see bitcoin recovering and not taking the nose dive as predicted.

Bitcoin halving is no doubt will have biggest influence on Btc price increase.

We'll have to wait until all the economic sanctions for Russia is imposed and let's see If there is a significant effect on Bitcoin.
Some countries are denying transactions that's coming from Russian banks, and more countries are doing the same as a part of the sanction for their invasion in Ukraine.
I was thinking this could be na advantage for Bitcoin, especially for the Russian people who will be affected by this inconvenience.

Woodie

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Bitcoin halving has and will always have some major influence on bitcoin price, but something brewing out of the space of bitcoin could actually break or build bitcoin and cryptocurrencies in general.... The external factor of this war and the sactions being applied could see bitcoin recovering and not taking the nose dive as predicted.

virasog

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Quote from: pieppiep on February 26, 2022, 06:53:40 AM

I don't mind if bitcoin won't recover until 2025 because that means we can still have the opportunity to collect more bitcoins from now until the recovery takes place later. We still have at least 3 more years to try to get more bitcoins and I'm sure if the price moves up and down more, we can profit. We can save profits in bitcoins until the recovery phase comes again and we will have a chance to sell at the next high price.

Yes, i agree with the first part that we need to collect as much bitcoin as possible but i may not agree that bitcoin may not recover until 2025. What if i say that bitcoin will reach another all time high before the next halving or before 2025 ?

Believe me. i am still hoping for the blow off top for bitcoin which may be over 100,000$ and that too in 2022.

There will be a bad bear market of 2 years after this event.

poldanmig

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Quote from: pieppiep on February 26, 2022, 06:53:40 AM

I don't mind if bitcoin won't recover until 2025 because that means we can still have the opportunity to collect more bitcoins from now until the recovery takes place later. We still have at least 3 more years to try to get more bitcoins and I'm sure if the price moves up and down more, we can profit. We can save profits in bitcoins until the recovery phase comes again and we will have a chance to sell at the next high price.

Now is the right time for us to collect as much bitcoin as possible, because with the current price correction of course we can get bitcoin at a fairly cheap price, we all know that bitcoin investment tends to be more profitable for anyone who dares to hold on for a long time, so as you said it doesn't matter if we have to wait until 2025 to see the bitcoin price recover, if indeed later it can give us a big advantage.

pieppiep

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I don't mind if bitcoin won't recover until 2025 because that means we can still have the opportunity to collect more bitcoins from now until the recovery takes place later. We still have at least 3 more years to try to get more bitcoins and I'm sure if the price moves up and down more, we can profit. We can save profits in bitcoins until the recovery phase comes again and we will have a chance to sell at the next high price.

STT

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Seems an extreme way to put it that ATH would be a recovery and anything less is something negative. This whole price range is well above previous trading for BTC over many years so it remains positive but just not at its highs. Right now price is trending positively though nominally sideways its doing well so long its above the weekly average which it is. Todays postive marker would be something 38.5k, seems like we would close the week out here despite being in the midst of a disruptive war in Europe.

buwaytress

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Yeah, even with this unexpected rally (and again, thanks to stock markets I would say), I ain't expecting to upgrade my personal view of where we gonna be at this year. Happy to wait til 2025 haha. Halving is the one true factor that has not failed markets, and the pricing in will only begin next year at earliest.

Stack them well, gentlemen.

bitzizzix

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Quote from: Poker Player on February 24, 2022, 03:08:56 AM

Quote from: peter0425 on February 24, 2022, 03:03:16 AM

can't wait to see the price of bitcoin falls down to 20k level as this was my target value to re invest all my funds in bank Grin

I will risk everything that i have once this price reached back again.

You do it anyway, but what usually happens in these cases is that if it goes down to that level, the people who said they would buy at $20K, shit their pants and don't buy for fear of it going down further.

Imagine it gets to that level. It would be one step below $20K, and therefore, it would be the first time in a cycle that it goes below the top of the previous cycle. It would break all the schemes. Couple that with the fact that ATH this cycle, at least so far, has been relatively low, and I think a lot of people would panic if we hit $20K.

I hope that won't happen and we have to convince new investors to keep believing that the bulls are going up because this year a lot of new investors are getting involved in bitcoin after the new ATH, and I'm sure all are expecting the price to recover and continue going up.
and if the bitcoin price reaches 20k i am sure their trust in bitcoin will decrease unless they understand bitcoin's footprint, every decrease must be a lot of them panicking who end up taking the wrong decision. So hopefully the decline is not up to 20k and what happens to the movement of bitcoin is only because of the news and pros and cons that have occurred so far which will eventually turn out to be pros and will increase the price of bitcoin, and the decline will still occur but will not go that far.

Ararbermas

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Quote from: StreakW on February 26, 2022, 01:20:34 AM

But I'm sure the pattern of the four-year cycle is unlikely to be the same now that many countries have adopted bitcoin. Therefore I expect we can welcome a bull market not until the end of 2024.

I agree. because obviously bitcoin is getting matured because of adoption every year. so i don't think as well it will stay the same, i mean because of the pattern of four year cycle its possible to happen that bitcoin will stay bearish until 2025 and can't recover because of that halving..

Imagine bitcoin is already down since the ATH and currently at 39k level. so what if it happens what will be the value of bitcoin until 2025.?

lizarder

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Quote from: aruldaroy on February 23, 2022, 07:59:13 AM

Quote from: lizarder on February 23, 2022, 07:45:55 AM

Quote from: uneng on February 21, 2022, 02:21:46 PM

Quote

Huobi co-founder Du Jun told CNBC on Sunday that bitcoin prices are often influenced by a technological change in the cryptocurrency's network, called "halving".

Halving is a key feature of bitcoin, and refers to a cutting in half of the amount of cryptocurrency that so-called miners receive as a reward for validating transactions.

The last halvings occurred in 2016 and 2020, and crypto analysts expect the next one to take place in 2024.

Huobi co-founder predicts this cycle is going to repeat itself, following the last bear market pattern, which started right after the ATH of 2017 and lasted long painful years... Is it too pessimistic to think this way or is the halving the real game changer factor which drives market's prices, as Du Jun says?

He also mentions another factors such pandemics and geopolitical issues can influence bitcoin's price, but it's clear the halving factor was highlighted as the most important and influent one among all.

Bitcoin is shaping up to enter a bear market and likely won't recover until 2025, co-founder of Huobi crypto exchange says

I think this is a wrong word, after 2017 bitcoin reached its highest ATH in 2021, so it's not true what was said, the pandemic also didn't completely affect bitcoin going down at such a low price like that statement, especially if he said bitcoin would not recovering to 2025, this is even more absurd, need further study for the person who made this forecast, because the actual process of bitcoin's journey is far from that prediction.

I also wouldn't believe if bitcoin wasn't able to recover or bounce back until 2025 it's a very long time running so bitcoin will continue like this.
Because I believe investors will come back again to push bitcoin up to the moon as happened in 2021 yesterday.
The prediction is like made up.

yes it is true, this prediction seems to contain an element of disappointment, bitcoin is unlikely to be corrected for so long without a recovery pause, investors have a way to make bitcoin conditions correct, then at a certain moment they make it stronger, the proof is in 2021 we have seen how bitcoin travels at the beginning of the month until the end of the year, I think this prediction was wrong, there seems to be a sentiment towards his journey in bitcoin investment

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