Topic: BTC Halving Effect??? (Read 744 times)

Bitcoin is not litecoin, you cannot expect that an altcoin displays the same behaviour as bitcoin, even if litecoin is a good coin it does not compare when it comes to the trust bitcoin has from investors, however it seems many are expecting the price to go up abruptly just after the halving happens and the markets do not move like that, it is likely it will take months to see a positive movement in the market as the whales are not going to move the market up just when everyone is expecting it.

i have no idea about why LTC halving make a price dropped , but according to the fact , history , speculation and prediction , since first btc halving , price always tend to go up.
just ignoring about what happened on LTC, because they are different.
but well, probably affect of halving will not happened quickly, but as the time goes , tend to buy will incrased constanly .

I don't think we are going to see the same scenario, we cannot compare Litecoin experience to Bitcoin experiences, Litecoin's achievement, performance and price depends so much on Bitcoin, and so are all the other coins in the market.
We can check the history after the halving and you'll see that every Bitcoin's halving is a giant step towards it's adoption.

Yet another halving read...


https://bitcointalksearch.org/topic/m.53109224

never compared bitcoin to another altcoins in regards to halving effect because Bitcoin is the most outstanding and pioneer currency that can bring fortune to all altcoins.

litecoin fails due to lack of supports since there is no big progress in this past months.

while bitcoin has been consistently on top and maintaining the value upto $8k until now.

You can't expect for its sudden/immediate effect. If you could look into the effect of the previous halving, it takes almost a year after halving the market prices rise and in no doubt that it will result in the same. But of course, we could still think that the trend might in big different by now or next year and it doesn't warrant us that halving will lead to bullish. Can't expect too much high otherwise, we feel disappointed.

halving does not effect market till now . because reward mining now even start of halving are same .after start of halving always supply bitcoin will decrease day after day ;then for sure prices bitcoin can have a good oppority for surge and rise again . before halving by 3 month or less the market can have some different compared to current market

but here is the scenario where miners did not interested anymore in mining bitcoin because the rewards are not worth.

what do you think will happened? they are leaving bitcoin mining and switch it to more profitable mining . the price could get dropped even worse after the halving because of this problem -sorry if i am wrong about this- .
as i do mining when it is all profitable , we can not hold it longer as the expense such as electricity must be paid right away.
it won't be a good invesment if you continue paying the expense with your own money while holding bitcoin that possibly get dropped and instead covering all the expenses things in the mining business could become messed up.

i don't know really sure , this is just my thoughts about the exaggerated bitcoin halving vibes.

If we based the pattern on the occurrence of fluctuations, then we'll be expecting a better future for bitcoin value after 3 years of bearish market. The halving effect was not so accurate, so it needs a lot of time to see an effective results thereafter. As a visionary, year 2020 would be a good projection once final halving comes to success.

Maybe. The difference however is that more people are prepared for a block halving and I think that those who wanted to buy in have already done so. I'm strongly of believe that this halving will disappoint a lot of people.

It reminds me of how hyped up people were last year about a bull run continuation.... whenever people get hyped up and prepare themselves for such event, the more likely it becomes that the market turns against them.

I'm prepared for disappointment just like how I was prepared for much lower levels after the multi month support of the $6k mark. It's common sense to not follow the mass blindly, which I won't be doing right now.

If the history will repeat, the bitcoin will likely to rise more than 20k at 2021 which is 1 year after halving which is like the lastest halving before. But i'm sure the whales already have the strategy which can trapped new investors and newbie and take advantages from them. We have to be careful even the history is already made, we still have to be careful with the market movement because the movement is reall unpredictable.

I also agree with the opinion of the majority of bitcointalk users who say bitcoin will go to the moon after halving in May 2020. because if we look at the history of bitcoin bitcoin has the same pattern as before. if we look at the year 2012 bitcoin also halved then in 2013 bitcoin increased in price to $ 1000 and then in 2016 bitcoin also halved and in 2017 reached the highest price of $ 20,000. by looking at this fact I also believe after halving bitcoin going to the moon.

The history of halving with bitcoin is fine but we have no guarantee on a future halving and its right we saw LTC to remain down despite of the update so its good to wait next year before expecting too much. There are so many high prediction before and after the halving but only bitcoin can tell us where we are heading, we have to wait in time while we are investing as well.

If we could read HERE we can say that and probably experience amazing price increase 6months -1 year after halving is done. If we are going to invest right now, its a very long wait for us before we get profit and may our patient dried off. It is clear to understand and base of its previous records, we can't expect bullish this year, may it come late next year if halving will finally launch by May.

The bigger gain was in effect from halvening over time and it takes time for the block reward being changed to be of any real difference, lag momentum or inertia however you want to frame it; I dont believe the bottom line to supply and demand is instant on that halvening day.    Theres a price rise before that real change but its speculative and less reliable I guess.   I dont reckon we should lean on that too much.
   So theres halvening in 2020 and in 2021 is when I'll count it as being something that matters vs other factors, by then people wont even talk about it it will just be part of the background.   Its a vice not a switch, it'll matter over time and also I think Dollar is the reverse its becoming more unwound but like strands breaking on a bridge or something unpredictable, I count it as politics not economics or really maths or we'd have puked on negative interest rates already.
  The big supply of Bitcoin is the market itself and holders, I dont reckon block reward and any alteration is as important as it once was.   Way back the market was the miners, the common users mined and so its all change.
  

The supply to market actually is decreasing. Miners are no doubt selling some of their coins to cover overheads, debts, and take profit. The halving directly reduces the amount of miner supply available for sale.


LTC did have its halving pump. From December to April, it rose 550% against USD and 175% against BTC. Sellers distributed before the actual halving so they could sell into strength.


You're only thinking in terms of parabolic bubbles. The price of BTC doubled in the 3 months preceding the July 2016 halving.

But the supply isn't actually decreasing, only the rate of production of newly mined coins.  And I would suggest that there's no such thing as a free lunch in the world of finance, which means that it is NOT a given that bitcoin will increase after the next halving.  The litecoin price after its last halving is a good example of that, and I'm glad that was brought up because it clearly shoots down the argument that bitcoin halving = major bull run. 

I was just commenting in another thread that the last halving was in July 2016, and bitcoin's price didn't start taking off in a major way until the beginning of 2017.  You'd think that if there was a cause-and-effect relationship, bitcoin would have immediately spiked right after the halving, but it didn't. 

Anyway, I don't know what's going to happen with bitcoin come May of next year, but it'll be interesting to see how the price reacts, if it does at all.  Maybe then this question can be put to rest for good.

Dominance doesn't matter. The relationship between reward halving and price speculation is stronger than that. LTC rose almost 200% against BTC into April this year. That means that halving hype made it a much more attractive investment than BTC. Halving hype is real!

It's possible the June rally was "pricing in" the halving and we won't get a similar pump next year but I think that's unlikely. We're still 6 months out from the halving and we've already been correcting downwards for 5 months. That leaves lots of room for a rally during Q1-Q2 next year.

It's not expected because people are optimistic that as the halving is nearing, the price of bitcoin will rise.
We can't compare BTC against LTC halving because BTC is the king of the market and its been dominating the market and even beat the entire altcoins with its market dominance.

For me, I am expecting the price will rise, but since we never know what lies ahead, let's just accept whatever happens as this market after the bull run has been very unpredictable.

If you think there will be a pump before and during the halving, you should feel free to start accumulating now.

Miners do not dictate the price of bitcoin the ones that dictate the price are those that are buying it and selling it and they do not care at all about the miners costs, if the price goes down to the point it is not profitable for them to mine anymore then they have the option to stop mining for a while, this will make the remaining miners more profitable or they can decide to keep mining bitcoin with the hope that in the future the price will be higher and they can sell for a profit.

Those small miners will be beaten alive by large mining businesses is no longer secret that upgrades will be tough for small miners. Though halving will always have a good impacts but still the presence of investments will really bring good lift to its value. Comparing with other alt after halving bitcoin still have a larger scopes of investment, the process will bring interest and things will be notice once the halving arrives.

it is always wrong to compare anything related to bitcoin with the same thing in altcoins. as is the case with halving, bitcoin has demand while litecoin has none that is why the result of litecoin halving recently was nothing like the result of bitcoin halvings so far.
also halving does NOT reduce the supply! supply is constantly rising. what halving does is that it reduces the rate of supply creation by 50%.

Bitcoin halv will have a positive impact on Bitcoin that is for sure but doesn't mean it will reflect on the price immediately so don't get impatient if we won't see a huge bull run incoming right after the halv. Previously after the last halv, Bitcoin took almost 1 year in order to make that huge run reaching 20k$ so we might assist to that effect once again meaning halv followed by a bull run after some months.

Litecoin will have its run in 2020 , this is my prediction anyway...so lets see what will happen.

Right, bigger challenges ahead probably small miners might quit if they can't afford to upgrade their rigs and onli those large mining companies can sustain and continue the job. This could add another factor to speculate about the price, there's really no clear direction of prices after the halving.

Right, compare Bitcoin and Litecoin actually not a wrong thing. But bitcoin halving can be considered as benchmark if coin that get halving must be increased. It is all depends on developer of each coin. Like halving, burning, and anything else that decrease total supply is strategy that developer do to make their altcoins have more demands. But it always back on the coin itself. Really good to be investment or not.

I think halving never causes a price boost immediately. It takes like a year before you really start to see the supply shock take effect. halving usually causes a dump around or shortly after due to a loss of faith in near term price increases. It's not a secret. If you look at the last 2 halvings, the price jumped after it occurred in long term. I remember one guy posting here how he was basically going to sell a lot of his bitcoins in 2016 and someone told him something like "are you crazy? The halving is about to occur. Just wait", and the seller said something like: "the halving date is well known and has been anticipated so the price is already baked-in". Well, look how the price increased after the halving anyway.

As long as the miners are getting their profit they will be running their hardware and i expect that the price would increase after the halving even if it does not increase i am expecting these huge mining farms to continue their process as there is no point in shutting down if they can even the money spent for mining a single coin. A few months more and we will come to know the full impact in the market.

It's been almost two years since we see a better price just like in 2017 and I hope this coming 2020 we will see much bigger difference from the previous market price. People were expecting already a better price after the halving as Bitcoin will start to become bullish (hope so). Expecting a beyond of 20k price maybe 30k-ish or more than that. The demand will probably going to grow after the halving and that would give us a boost of the price.

Negative effect for miners since they will be having half of what they are getting from the bitcoin mining reward.

They are expecting the price to be doubled also since it must reach the need to pay for the electric bill that will be used for mining and some spare for necessities and other payments.
Maybe that is what you are looking forward to? The increase in price of bitcoin because it should still be equivalent to how much miners should make.

I was plenty to see this that people expectation on 2020 was very high because they hoping the halving year could be the savior of bitcoin price which is a bit bored to see the current price movement because since last year the price was never getting better but indeed all of it still pure of speculate because we still not entering new year but indeed there is a chance to be there and if near to halving usually the demand will increase

When remembering the previous Halving, fore sure it affects the price of Bitcoin. But will experience the same drastic thing? maybe it is not certain. bitcoin price increases in 2017 are very drastic. although from now, so many speculations that after Halving will affect the price above 30k USD we will wait and see. If you talk about LTC, that however altcoin is still following the volatile BTC prices then it cannot be a reference I guess.

Well given that fact that there could be some manipulators behind, then we can also ride with them and accumulate bitcoin and but during dips.


Data is too small since crypto is fairly young, but then again this is speculative asset and we all know that once it got hype, which is the bitcoin block halvening, we might experience a ATH, it's just a matter of time.

It's an event that most crypto enthusiast are looking forward too.
Because of the recent halving price have been fluctuating up but before that happens a dump comes.
It means someone behind all of this who have a good share of bitcoin is trying to make money out of that event.

I don't know if that could still happen now since the bitcoin price is too expensive. But, if ever it does then you might want to get ready to ride that big wave.
But, it is not accurate. Still, be ready.

The bitcoin cycle



https://twitter.com/ChartsBtc/status/1191744063529082880?s=20



https://twitter.com/ChartsBtc/status/1191773344711897088?s=20

The halving does matter, and has its positive effect....

Some nice charts I came across.

I dont know if there will be a huge number of miners who will going to continue considering the fact that after the halving, their rigs requires a hardware upgrade to speed up the block solving process as the rewards and supply is becoming lesser and harder to mine. Plus the electricity consumption might increase as well.

It is all about the demand and supply that is why bitcoin hlving effect is probably going to pump as what everyone is expecting. That is based on the experience from the previous halving event. I can sense that bitcoin will increase it's value because miners will either not going to sell their btc or there will be less miners after that.

Hardfork LTC is only maintenance and renewal, and the conditions at that time were in sharp contrast to the falling BTC charts, so there is nothing to increase LTC prices other than following the same trend. I also bought LTC at the time, but the market responded with a different pattern. It is true that more people are waiting for the bitcoin halving event, and if there is an altcoin halving with the same moment it is most likely not going to react like yesterday's ltc.

From analytical point of view the pumping might not take effect suddenly It may take some before the halving effect come to play recalled the last halving of bitcoin it took the price more than 500 days before the price pumped to ATH I believed litecoin also need some time for the price to pump to ATH and also the price effect of halving of bitcoin next year may be instant or it may take some time before it come the price pumps to another ATH.

As per basic economic rule of supply and demand, all the reduced supply will result in positive effect on prices. No exception for any commodity in this world. Also, bitcoin halving has indirect consequences to bitcoin prices in terms of bitcoin mining. We cannot ignore the role of mining process in deciding the price of bitcoin. After halving, due to reduced supply, many new mining aspirants may choose direct investing into bitcoin rather than setting up a mining farm. So, be optimistic about up surge on bitcoin prices after halving.

Same thing happened with litecoin on its previous halving too. One probable reason might be whale's manipulation. Market always react in opposite way. People keep buying with the expectation of double the price due to halving whereas prices went dumped 30% even after the halving.

After a year from the first halving of litecoin, litecoin prices peaked to its ATH. But, that was fueled by entire crypto space's bull run. We can expect same thing to happen this time around too.

yes I agree with you if you see the cycle of bitcoin a few years back everytime after halving bitcoin will be bullish. so I'm sure next year bitcoin will be bullish too. The last 2 years we have been in the bear market so I think next year is the time for the bull market. this is our hope that all of us can be realized. we can only hope and speculate anyway in the end the market will determine the bitcoin bull or not.

it is not just about the coin per se, it is about the other side of the supply and demand principle meaning the demand part. in a very simplified terms it is like saying 10 people are buying 100 items every day. tomorrow there will be 11 people buying the new 100 items but the next day there will be 12 people buying 50 new items. and that is why the price rises when bitcoin halving takes place.
but for an altcoin that 10 people the next day are going to be 9 and then 8 and so on. and on top of that there is the hype of the pump of that altcoin, for example in case of LTC the hype was there but the pump failed so everyone dumped it hard that is why it has crashed now.

You may need to look the history of both coin price when halving event came. Myself have ever read an article the price movement when the both coin have met halving event. I'll start with bitcoin, it have been several years when the halving event came its price will pump a lot, as an example the price had increased a lot at 2017 ago whilst the halving had come at 2016. I remember before halving event came its price just $900 even low then that but did you see its price at 2017 ago? the price had touched almost $20.000.

Which is mean, halving event is an event that alwasy be waited by all its user. But when halving event came to litecoin its price will dump first but after that the price will surge drastically. As you may know the halving event had came to this coin at 2015 ago, and at that time the price of litecoin just decreased. The price of this coim will surge after bitcoin halving event, you may see when 2017 the price of this coin had increased as well. So, I just guessing the halving event for litecoin will be felt after bitcoin halving, we will see it at May 2020.

I think it is all depends on the coin. Halving or maybe hardfork or other maintenance sometime affect to price of a coin. But developer must also think how can the coin still make demands. So people can interested to buy it and then make price increased. Like bitcoin which already popular, people already wait for it and then they start to buy the coin which can cause pump.

I bet this is posted in bitcoin discussion before it was put here in economics.

The "halving" definition suddenly changed because of the answers of some users here.
It is supposed to be about the miners. The block reward will be cut in half. That is the real definition of it, sadly I didnt read much but it is all about the price, etc etc, financial, monetary, blah blah.  

Here is what could happen after a cut of half in block reward.
Obviously, the value should get higher because the miners reward are getting smaller. They will need to pay for their bills right?
But that is unsure. The market will still tell how much per bitcoin is.

If there is no profit though or even ROI, then we might lose our miners and then the effects. How could our transaction flow in if there will be no confirmation?
Although, the difficulty will be dropped and new miners could get in, it will still take time which we dont like right? Slow transaction is a pain in the ass.
It will make you worry about where your bitcoin is.

Ok you got me beat on that chart, not seen that one before and I've seen a million possibly.     The clearest points here might be that BTC is older then LTC and each half of the block reward is less important then the last as there more BTC already produced the reduction is diminishing in importance.    We are into the territory of fees mattering now to mining rewards where as five years ago fees meant really nothing or thats how I remember it.

Also with every point observable on BTC the price is connected via a spring, its not direct.    I fully expect price to be more positive before halvening then after because anticipation promotes speculation, that then becomes more important then the event itself.   As always the price gets ahead of itself and then if we go back to the first point the bulk of BTC has already been issued and that weight like a Jenga block game and how it shifts to sell or buy, its way more important then this blip in block rewards.   Compare the two numbers, the amount of BTC liquid available to be sold into buy orders and that alteration to block reward.
   On the event timing itself almost nothing occurs, a year later yes some change happened so its perception vs reality and people go OTT.   If LTC was disappointing, correct observation would be to return just before BTC halvening and draw a conclusion; at present you are observing speculators not the news or fundamental change itself; thats what I strongly suspect.

The stock to flow ratio charts are a beautiful thing when it comes to the halving effect. I highly recommend the following reddit chart to fully understand the impact of the bitcoin halving.

https://medium.com/@AJC241469/on-bitcoins-convergence-simplified-part-1-3e521b0b1515

There is what "expected" of bitcoin price is expected and there is also what not expected of bitcoin but a shocking result could be. Now, we all know bitcoin is expected to go up, it is simple math, if the bitcoin cost right now is 8200 per bitcoin and the price is 8800 or whatever at this current moment that means bitcoin will be halved and the cost will be 16400 and the price needs to be higher. So, that is the easiest option there is, it is quite simple and everyone would expect that to happen.

What people are forgetting is that difficulty is what matters and just like trader whales there are miner whales so one may literally mine for as cheap as possible and make a loss and kill all competition so they could mine cheap and the price will fall because of that.

Take the risk and hold your coin, once the market bounced back it will bring a huge jump. Halving will take the market to another rise
and from that it will be more in realistic figures, you need to take what you fully understand not to harmed your investment if the downfall
still happened. There's no accurate time frame, always be optimistic and you can take the long ride for this investment business.

The dip of LTC instead of going up after halving I guess is related not to the community, there had been reports that Chinese likes this  altcoin. But I think the case if very different from BTC knowing its paired to almost all altcoins which anyone with a shitcoin can switch their funds to BTC unlike LTC.  Basically BTC is the base currency in crypto.

My biggest concern is, literaly everybody is awaiting a bullrun. Some expect 50k, some 100k and others a million. And what does bitcoin do most of the time? The opposite. I hope for a new ATH but my worries are there.

We can somewhat picture out on what happened on LTC halving to BTC halving where it can really be possibly going on the same path but we know that supporter of both
coins is totally different when it comes to numbers.We cant precisely tell yet that BTC halving will guaranteedly give out bull run  effects because it can also possibly
experience the same situation on what LTC did previously.Ive been telling this to these kind of question for some numbers now that the future is uncertain and it doesn't
mean that we have seen that theres price increase in the past it will surely happen on the future - theres no such thing like that.

So far all the past halving proves us right until now that there are a lot of things to expect from the coming halving like the price increase, there are still no halving in the history that Bitcoin's price drop after the halving or it does not have an impact, we must not compare this to Litecoin, each coin has a different supporters, development and so far Bitcoin never fails it's investors, comparing it to Litecoin after halving effect is like creating FUDS.

There's a 6 months price comparison from the last 2 halvings before it takes place and It shows an upward trend. So, I have to agree with the mini bullrun while approaching close to halving in a 6 month span.
While on the latter Bitcoin tends to set another ATH just a year or more after the halving.
The only thing that keeps bugging the speculators right now is the possible price range which Bitcoin might land, thus making them skeptical on whether they will trust their intuition or not.

To be exact: (https://www.bitcoinblockhalf.com/)


Well it's hard to compare the two though, Also you have to understand that the price wouldn't go overnight. Bitcoin's last block halving happened in 2016, but the eventually all time high was not realised around December 2017.


Bitcoin could reach a new milestone but it will take years after the scheduled halving next year patience is the key here.

the price increase caused by halving is speculation carried out because seeing the previous halving makes crypto prices go up. In this case, the thing to note is that this is only "speculation". In 2016, halving bitcoin happened, and the price went up significantly in 2017. So, in general, we don't know when halving will make the price of a crypto go up.
halving that happens in the coming year may not directly affect the price of bitcoin, but it takes time or the same as what happens to litecoin at this time.

nothing affects the price of LTC after halving, but it might affect when BTC halving, please read my message here about the analysis after halving, let's use logic to find out the effect of bitcoin halving

I will give an example, if you have money around $ 10k and bitcoin prices when halving around $ 10k you only get 1 BTC, after a year after halving then bitcoin touches $ 100k what is your profit? if selling it of course only $ 90k from your capital $ 10k!

what if you buy altcoin as an example of ETH, when halving bitcoin price is still around $ 200 / ETH, your capital is $ 10k of course you will get around 50 ETH, if a year after halving bitcoin, you see ETH touching above $ 5000 what is your profit?


remember that just as an example, so what's interesting when bitcoin is halving, of course many people choose to buy ALTcoin instead of Bitcoin when halving happens and it will have an impact on Altcoin, I hope you understand

As halving may happen on ETA date: 14 May 2020 22:59:54, the effect may be felt before and after it and possibly will slow down again afterward. As of now, it is still in accumulating range and will continue before the first quarter. There may be mini bull run prior to halving but not very significant IMHO. No. 3 above always happen, we should be cautious of this.
 

LTC cannot increase because the market still at the bear market, and it seems, litecoin needs more time before the price can increase, especially if the bull market comes. But I guess it will be different than what we will see with bitcoin because before and after bitcoin halving, bitcoin price can increase higher. That will trigger the market to change into the bull market, and when the bull market comes, not just bitcoin but the altcoin can start to increase too.

And maybe if the bull market happens, the litecoin price can start to increase higher as what we expect. The cryptocurrency will grow fast at that moment so that we will make a bigger profit than usual.

Bitcoin halving would have effects such as;
[1] Slower bitcoin generation, thus lower total supply,
[2] If demand does not deprecate, then supply won't keep up, thus prices would rise,
[3] There's an anticipated dump/price dip alongside with halving because of whales manipulating and taking advantage of the expected rise.

Probably halving will change everything by next year and the valur could rise up more than we might expect, and that is the reason to accumulate more and sell some altcoins to gain more satoshis.

And my prediction could be the value might hit maybe by 20k - 21k

yes I agree with actually no one can ensure that bitcoin will be a bull run after halving in May 2020. we all just hope and speculate. still later that will determine whether bitcoin will rise or not is the bitcoin market. and the bitcoin market is strongly influenced by demand and supply. and requests and offers are influenced by news about bitcoin. hopefully next year there will be a lot of positive news about bitcoin such as adopters and legalization of bitcoin. can drive the price of bitcoin.

The effect of halving is not immediate. The fundamental that supports that the price of bitcoin will rise due to halving is supply and demand. The supply getting cut down into half will eventually push the price up. But do not expect it to happen within a few months of halving. The lasting effect will be felt when the majority of BTCs mined before the halving is sold. You can also check bitcoin price history so you'll have an idea of how long after halving the price of bitcoin surges.

I supposed it will be having an increase in price. It is because supplies would get cut off from half and as it decreases users are about to buy more and more that it directly affects the demand. Since the demand got increased it will have a direct effect in market price. Well from last two halving bitcoin never failed to increase its price though after a following months usually it decreases from a different reasons. Expect it to happen because it really does but what's for sure price will indeed increase.

From June on all coins lost value. Bitcoin Lite coin, Monero. All. Halving have long term influence on supply. Influence is with each halving smaller. It is not the only factor of supply. To get the price supply met the demand. If demand will not increase, price will not magically increase. But pressure of supply will reduce a tiny bit.

You said you are a newbie but you have a good knowledge
Everyone is expecting a huge increase in price, right?

But look Litecoin, it's a great example that the market isn't follow our logic everytime, we have to be careful about buy and sell because even a situation like that can have a contrary effect

Only time will tell us what's going to happen with halving

The hype around the Bitcoin halving is much bigger than Litecoin's, because Bitcoin is more popular. That might well be the FOMO effect that will start the next major bullrun for Bitcoin like in 2017.

Yep, there's no point making predictions, at least until the halving is a lot closer. What happens will be dictated by the preceding trend in the months leading up to it.

If BTC is pumping towards $20K in late Q1, there's a high probability the market will dump into the halving like it did in 2016. On the other hand, if we're still ranging near $10K at that time, a rally or continued sideways into the halving will become more likely.

The halving will increase the price in the long run but there doesn't have to be a pump right before or right after it.

The value of mined coins will be greater bou for that value to influence all the coins in existence we may have to wait.

People are looking at past halvings and trying to guess what will happen next and for that reason it can be different this time. Bitcoin usually does something unexpected.

And you are quite right. It is actually suppose to cause an increase because of maybe more demand which should have originally happened from economics on regulated market but we have seen that maybe because of bitcoin freedom or decentralization, price can go anyway.

To an extent, probably yes. Upcoming halvings are usually seen as a psychological reason to buy or hold. Once they're over, the hype is gone.

You can't view Litecoin's post-halving decline in a vacuum, though. From the start of 2019 to late June, it rose 390% in price. A correction was inevitable. Given that these heights were reached just several weeks before the halving, it's no surprise that price declined so much afterwards.

The future effects of the halving for Bitcoin won't always be longer, the previous ones did but we can't say it'll be the same for all of the future halving events.

The price could increase just a few months before the halving but it's usually the other way around the significant increases happen after.

The insert image works once you're rank is above newbie, here i'll quote it for the others to see.

Yeah, Litecoin dropped as the entire market dropped. Also the halving itself is expected to have a bigger impact on Bitcoin because the current market supply is being created by miners selling their rewards. There is generally not a lot of supply in Bitcoin that is being actively traded, so a reduction in supply (at constant demand) should drive the price up.

This can of course be covered by other events, so it's hard to rely on the halving driving price up all by itself.

The price ran up before halvening though, also litecoin price is highly dependant on Bitcoins. Bitcoin doesn't have a larger crypto coin that it follows, it leads itself. The halvening drops future supply output.

if demand remains or increases when bitcoin supply decreases, in theory it can have a positive impact on the price of bitcoin, but the fact is sometimes different, because we never know the will of everyone, the trade was full of surprises, and no one can guess it accurately.

It will end like Litecoin halving but the hype effect will be longer than 3 months.  If we look at the history of Bitcoin, it takes about more than a year before the halving hype diminish.  We can also look at the Bitcoin four year cycle pattern wherein the halving hype effect lasted for more than a year before the bear hit the market.

Bitcoin will not end up just like Litecoin did even if I am speculating the supply will surely lessen after the Halving that is why I believe the price will rise and many enthusiasts are expecting the price of Bitcoin to pump after the Halving that is why even if the Halving will be a negative the price will surely have a small pump at price because there will be more buying it because they are suspecting the Halving to increase its price.

It is basic supply an demand stuff.

In May/2020 the block reward for bitcoin will be half of what it is now. Block rewards are being distributed among the miners in every ~10 minutes and miners sell these coins to cover their costs which create inflation. Miners will be having half of the block rewards which means they'll be dumping half of what they do now which is expected as a increase in price.

The condition of Litecoin halving can not be use to judge or prediction what will happen during bitcoin halving and the reason why Litecoin yield a negative result instead of positives is because it don't have massive user base level like before, when Charlie decision didn't poison the coin holder and investors mind.
Nevertheless, most altcoin will surge in price when the halving effect take over the market but is not every altcoin that's good for investment.

Thanks to all for your sage advice.

With credit given to Digital Asset Management Corp for the original chart in regard to halving (I modified it a bit),
https://i.postimg.cc/gJQ16H0B/BTC-Halving-Potential.jpg

BTW, off topic, the website Preview link does not work for me, neither does the Insert Image link.

The block mining reward will have a decreasing influence on the value of Bitcoin. As coins are removed from the available pool that was created when the genesis block was laid, the rewards from transaction fees will replace them. We may also see investment houses increasing their block mining activities. After all, what better way is there to move Bitcoin between investment wallets than by using your own mined blocks. It frees you from government restrictions for a start.

there is no obligations to rise so you can't say "should" here. people are speculating it will rise based on two things.
first is the previous two halvings that bitcoin had in the past 10 years. each of them had a big rise before the halving and after a month or two led to a huge rise.
and second is the fact that it slows down the production of bitcoin by 50% and that injection of new supply in the market changes the balance between supply and demand and can lead to a rise.

you can not compare bitcoin with an altcoin.
bitcoin has usages hence "demand" while altcoins do not. so when their supply is halved there is no demand to help any rise. instead what halving of an altcoin does is that it reduces the earning potential of miners and as they leave the coin loses security and value over time.
there are also a lot of other things in play when it comes to altcoins such as their pumped bubbles bursting, their hype being over, ... and in case of LTC it is a copy of bitcoin so it really isn't something special to have that much potential!

It might be a double edge sword for bitcoin holders. It's undeniably that bitcoin might increase price because the difficulty of mining it will double so BTC supply growth will decrease and appling the supply and demand rule, BTC will pump but on the other hand, BTC miner might shift to other coin because it will be harder for them to mine BTC it will consume more power to mine same amount of BT that they are currently mining. If miners shift then its the end for BTC since no one will verify transaction, BTC blockchain will be clogged by pending transaction.

Here's my understanding of how it works, those that will be affected negatively are the miners, their usual payment will be cut off in half, so instead of gaining the full amount of payment for the processes, it will then be halved. On the other hand, since the miner's fee is halved, they will sell their bitcoin at a higher price. As a result, hodlers of bitcoin will benefit from this demand as they will also sell their bitcoin at higher market prices.

The halving reduces the new supply of bitcoin by half.  A decrease in new supply could result in an increase in price if demand remains the same since there are fewer new coins available to satisfy that demand.  

Will it result in an increase in fiat price?  No one knows for sure, however after the previous halvings the fiat price of bitcoin has increased significantly.  Not immediately, of course, but that is probably because people are aware of the impact on supply and plan for it, then when it doesn't happen immediately they worry and sell.

So in short, no one knows the future and while it has happened in the past, there are no guarantees it will do so going forward.  If you do believe in the benefits of a decentralized, censorship resistant, non-state actor control currency, payment system, and asset then whether or not the fiat price immediately rises is less important that what has happened over the last 10+ years. 

The simple result of the halving is that if new supply decreases and demand stays flat (or increases), then the price will rise.

This chart shows in a simplified manner the effects of Bitcoin halving in the past years.



You can read more here ---> Bitcoin Halving: Price Effects and Historical Relevance.
halving is one factor that may affect the price, but it will not have a direct impact, perhaps it will take more than a year.
So if you want to buy based on that factor, you should keep in mind that you will need patience for about a year or two.
The short-term effect can often be negative.

If I speak from an economics background, bitcoin halving is expected to rise its price! Because this is deflationary in nature which decreases the supply of it and increases it purchasing power. However, cryptocurrencies are not designed to fit into the definition of standard money so no one can assure you about the outcome! What everyone is doing is, speculation! It sometime goes right and sometime goes wrong! You already have an example, Litecoin. Which didn't come out as expected after halving and the price is in the red zone. Whoever is saying that bitcoin's price will go higher after the halving, they are all speculating and no one is certain about what's going to happen! So don't get confused and don't try to get an answer! Probably you will get it all wrong!

Here's a three month chart showing the drop in price.
https://i.postimg.cc/ydz8sLYT/LTC-Halving-Effect.jpg

I'm still a newbie and I'm confused.

Bitcoin halving is expected in May, 2020. From what I've been reading about halving, it seems that it should have a positive effect on any crypto coins pricing.

Today I read about Litecoin/LTC halving on August 5, 2019 and the halving effect after three months is negative, it's down 30% since the halving.

Is that also what can be expected of the Bitcoin halving?