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Topic: Bitcoin Price Rises to $20-$50k After Halving...Thoughts? (Read 1479 times)

legendary
Activity: 1652
Merit: 1265
Just as hard as it crashes, it can recover.
The corona virus is hurting the economy and bitcoin reflects that.
In a few months people will have a better outlook on the situation.
There is no real problem with the underpinnings of bitcoin or the economy.
Just a matter of time to recover....
member
Activity: 450
Merit: 59
Expecting a bullish run after today's mess is very bold. I wouldn't make such a call.

Important fact: Bitcoin was in a bullish trend before the two previous halvenings. This is clearly not the case right now.

So of course, we need to see 10.5k and break above, but right now this seems almost impossible for this year.

I wouldn't expect any bullish run caused by the halvening before year 2022. The market is suffering right now.

Also, I can share some predictions by u.today https://u.today/bitcoin-btc-price-prediction-is-5500-the-bottom their predictions proved to be correct more often than not.


On a larger time frame, Bitcoin has tested the levels it reached 10 months ago. Currently, sellers are missing the liquidity to push the price further. Furthermore, because the decrease was particularly sharp, today's decline is not the start of a correction. From a technical perspective, if Bitcoin can remain above $6,000, buyers will have opportunities they need to get the price to $7,000 by the end of March.

sr. member
Activity: 1974
Merit: 450
Trying to make the people think that bull run is coming, good try and it's even better as other popular personalities in crypto are also predicting good price, in short they are bullish with this halving schedule. That range is quite attainable because anytime we might touch $10,000 which means a next wave of pump could bring the price to a new ATH, I don't mind seeing btc at $25K because it's still a new ATH,$50K before the end of the year is a already a bonus.
very optimistic thinking, that's very impressive. however, we need to pass the price of $ 10k before talking about the new ATH. other than that, I think the real bonus is when bitcoin prices reach $ 10k at the end of this month or at the beginning of February, so the achievement of the new ATH is very possible at the end of the year. however, if this year bitcoin can reach the new ATH, I suspect it's in the range of $ 21k to $ 25k dollars
full member
Activity: 412
Merit: 152
Perceiving events in the future and beyond
Almost every prediction regarding the price of Bitcoin in a certain period is wrong. At the current pace of the market $25000 can easily be achieved. Also, relying on such prediction rather than the charts ultimately will lead to loss. Read the charts and check the analyses it is much easier, safer and better.
full member
Activity: 1316
Merit: 104
CitizenFinance.io
Well if it is to speculate, it can happen or it might not. I think a lot of crypto enthusiasm is really focused on this halving as against looking at a way of bringing it to the limelight for global adoption. Bitcoin can surpass all these level if we do our best to bring awareness to the populace on the advantages it has over fiat
hero member
Activity: 3052
Merit: 606
Trying to make the people think that bull run is coming, good try and it's even better as other popular personalities in crypto are also predicting good price, in short they are bullish with this halving schedule. That range is quite attainable because anytime we might touch $10,000 which means a next wave of pump could bring the price to a new ATH, I don't mind seeing btc at $25K because it's still a new ATH,$50K before the end of the year is a already a bonus.
full member
Activity: 1008
Merit: 101
Well, we will see it if the halving is very near, predictions might be going possible and if the event is so close and the price is changing up and bring up our expectation. hype is going around, if this will go through, then our prediction is going to make profits for us. this event will make new history if everyone will help to up bitcoin's reputation.

Halving is still few months from now and it is easy to say the price is going to be like this and that but we can't really tell if it is going to be the case, what we can only do now is wait and I would suggest that we take advantage of the opportunity that we can see as of the moment and make the best out of it rather than thinking about the future wherein we don't know what's gonna happen.
Yes being worry gives nothing to us we should be confident about our investments and get more purchasing of bitcoin. I hope the coming year will make the price high about $25k or more than this but forgetting the price above 50k it will have to be patient. Time is required I have faith to see the price increasing above $30k or $50k this year.
full member
Activity: 1316
Merit: 126
Well, we will see it if the halving is very near, predictions might be going possible and if the event is so close and the price is changing up and bring up our expectation. hype is going around, if this will go through, then our prediction is going to make profits for us. this event will make new history if everyone will help to up bitcoin's reputation.

Halving is still few months from now and it is easy to say the price is going to be like this and that but we can't really tell if it is going to be the case, what we can only do now is wait and I would suggest that we take advantage of the opportunity that we can see as of the moment and make the best out of it rather than thinking about the future wherein we don't know what's gonna happen.
legendary
Activity: 2534
Merit: 1338
I think look bitcoin around $16,000 after halving time if don't get bad news like bitcoin banned in several countries and bad regulation from bigger country in the world make bitcoin as illegal assets investment, bitcoin looks sensitive with bad news publishing by bigger country like United State and China, if both countries make bad news with bitcoin although just announcement I think price down extremely.
It depends on what you mean when you say after the halving, if you mean that the price of bitcoin will be 16k just after the halving I do not agree, I think that what we saw at the beginning of the year was the enthusiasm of people like you but now that excitement has subsided, most likely it is going to take months for bitcoin to reach that price and I really expect that we are not going to see a significant growth until the next year when the effects of the halving will be felt by everyone in the market.
legendary
Activity: 1473
Merit: 1086
Well, we will see it if the halving is very near, predictions might be going possible and if the event is so close and the price is changing up and bring up our expectation. hype is going around, if this will go through, then our prediction is going to make profits for us. this event will make new history if everyone will help to up bitcoin's reputation.

When I try to predict the future halving prices I really enjoy looking at one old chart of Masterluc which helps me put things into perspective

sr. member
Activity: 784
Merit: 251
https://raiser.network
Well, we will see it if the halving is very near, predictions might be going possible and if the event is so close and the price is changing up and bring up our expectation. hype is going around, if this will go through, then our prediction is going to make profits for us. this event will make new history if everyone will help to up bitcoin's reputation.
legendary
Activity: 3654
Merit: 1165
www.Crypto.Games: Multiple coins, multiple games
I don't mind bitcoin being able to go to 50k because that would means something special has happened. Price is not going to 50k without anything major changing, like maybe wall street builds a whole new department of crypto in every company that pours billions of dollars (totally possible for a place with trillions of dollars of trade going on) constantly and keep on buying and selling and increase the volume 10x easily etc etc.

However, if nothing of worth ever happens, I doubt bitcoin will ever reach 50k in this year, not now and not anytime soon as well. Personally I think best case is around 30k at most, and that is stretching it thin as well, 15k is good enough for the whole year, we don't need a new hype and new skyrocket, we know what happened last time that happened.
hero member
Activity: 2170
Merit: 503
Reward: 10M Shen (Approx. 5000 BNB) Bounty
I appreciate his prediction. Because it's possible for Bitcoin to surpass the 20K USD zone after the halving and highest it can go to 50K USD! Though personally, I think Bitcoin price will be 16-25K USD within 2021, and the halving effect may come after 12 months from its launched date!
I believed the price of bitcoin hitting above $20K is realistic if the past price history is anything to go by, the previous halving had been confirmed and occasioned with a pump in the price, I think a new ATH that would surpassed the last ATH in 2007 is going to be achieved as you rightly mentioned the halving might not be instantly after the halving it might take some time before the speculated price hit the above price.
Before thinking about and getting excited about the new ATH, it's best if we wait for the price of bitcoin to be above $ 10k. after the increase, the price of bitcoin hasn't developed yet. I was really excited when I saw that the price of bitcoin could reach $ 9k this month, and I thought that by the end of this month the price of bitcoin could reach $ 10k, but the price development stopped, it made me think that bitcoin prices would be quite difficult to reach the same ATH in 2017. however I also expect prices above $ 20k, it's just that I'm not so sure that the price will really be achieved this year.
sr. member
Activity: 1988
Merit: 254
PredX - AI-Powered Prediction Market
What are your thoughts on Lightning Capital Hedge Fund Manager, Charles Hwang, predicting BTC price will rise between $20-$50k after Bitcoin halving?

 
I can believe it, but maybe my target from $20000 until $30000 because it is already high for me. But if it can reach above it, i will be very ok with it because maybe when i think price that i predict reached, i am not sell all my coins but maybe save a little for if price is increased again.
The target of $ 20,000 - $ 30,000 is still too high compared to reality, the current price of bitcoin is $ 8700 and it's too low compared to your target. We have 4 months to FOMO this market so I think the price will not go up too high, $ 10,000-12000 is my goal for bitcoin this year. Too many people set unrealistic goals for bitcoin and it will cause them to despair as soon as the halving occurs
sr. member
Activity: 903
Merit: 391
What are your thoughts on Lightning Capital Hedge Fund Manager, Charles Hwang, predicting BTC price will rise between $20-$50k after Bitcoin halving?

 
I can believe it, but maybe my target from $20000 until $30000 because it is already high for me. But if it can reach above it, i will be very ok with it because maybe when i think price that i predict reached, i am not sell all my coins but maybe save a little for if price is increased again.
sr. member
Activity: 938
Merit: 251
I think look bitcoin around $16,000 after halving time if don't get bad news like bitcoin banned in several countries and bad regulation from bigger country in the world make bitcoin as illegal assets investment, bitcoin looks sensitive with bad news publishing by bigger country like United State and China, if both countries make bad news with bitcoin although just announcement I think price down extremely.
legendary
Activity: 2534
Merit: 1338
I appreciate his prediction. Because it's possible for Bitcoin to surpass the 20K USD zone after the halving and highest it can go to 50K USD! Though personally, I think Bitcoin price will be 16-25K USD within 2021, and the halving effect may come after 12 months from its launched date!
I believed the price of bitcoin hitting above $20K is realistic if the past price history is anything to go by, the previous halving had been confirmed and occasioned with a pump in the price, I think a new ATH that would surpassed the last ATH in 2007 is going to be achieved as you rightly mentioned the halving might not be instantly after the halving it might take some time before the speculated price hit the above price.
Bitcoin is going to reach 20,000 in the future, that is inevitable in my opinion, but what we have no way to be sure is if that is going to happen after the halving that we are going to see during this year, and if you do not feel too comfortable trying to get in the market just when that is going to happen then there is a very easy solution for this, you can hold your coins and wait until that day, if you do that you're going to eventually see that day and obtain great profits by doing nothing.
sr. member
Activity: 2842
Merit: 326
Vave.com - Crypto Casino
I appreciate his prediction. Because it's possible for Bitcoin to surpass the 20K USD zone after the halving and highest it can go to 50K USD! Though personally, I think Bitcoin price will be 16-25K USD within 2021, and the halving effect may come after 12 months from its launched date!
I believed the price of bitcoin hitting above $20K is realistic if the past price history is anything to go by, the previous halving had been confirmed and occasioned with a pump in the price, I think a new ATH that would surpassed the last ATH in 2007 is going to be achieved as you rightly mentioned the halving might not be instantly after the halving it might take some time before the speculated price hit the above price.
hero member
Activity: 2828
Merit: 518
It's not an outrageous prediction, but that doesn't make a prediction true necessarily.

This is definitely more realistic than certain people's predictions of BTC in 2020 (cough cough McAfee), but honestly, given the fact that markets are significantly more tame now compared to something like 2017 it's hard to predict exactly how much the markets will rise by.

I would generally refrain from making predictions at all about the price in a concrete way, but prices should benefit positively from the halving for sure.
This is the same conclusion that are reached some time ago, without a doubt it is really fun to try to predict what the price is going to do and how high or how low it can go, but when it comes to my trading activities I do not really try to predict anything I just let the market move itself and then I will take my decisions based on that, it may seem like a weird way to trade but it can be very effective if you have good discipline and good money management skills.
We live in this kind of market, speculations and price predictions are seems to be normal knowing the fact that we are living in this unpredictable market.
It is not just we do predictions without some basis on it (the most common thing it happens), we make a prediction base of what we possibly see in the future but it is more realistic ( or as it happens before )even though we never have the assurance.
legendary
Activity: 2534
Merit: 1338
It's not an outrageous prediction, but that doesn't make a prediction true necessarily.

This is definitely more realistic than certain people's predictions of BTC in 2020 (cough cough McAfee), but honestly, given the fact that markets are significantly more tame now compared to something like 2017 it's hard to predict exactly how much the markets will rise by.

I would generally refrain from making predictions at all about the price in a concrete way, but prices should benefit positively from the halving for sure.
This is the same conclusion that are reached some time ago, without a doubt it is really fun to try to predict what the price is going to do and how high or how low it can go, but when it comes to my trading activities I do not really try to predict anything I just let the market move itself and then I will take my decisions based on that, it may seem like a weird way to trade but it can be very effective if you have good discipline and good money management skills.
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