Topic: Can bitcoin halving make cryptocurrencies reach all time high again? - page 2. (Read 2333 times)

Bitcoin halving is almost the largest event in the cryptocurrency market that you can imagine.  All previous Bitcoin halving very strongly influenced not only the price of Bitcoin, but also the entire cryptocurrency market.  but today this event is happening in parallel with the coronavirus pandemic and the global economic crisis, which does not allow us to fully assess the impact of halving not only on the entire cryptocurrency market, but also specifically on bitcoin. given the fact that the price of Bitcoin has always influenced the pricing of cryptocurrencies in the cryptocurrency market, then we should expect real results of halving in a few days.  And if we take into account the statistics of the effect of halving on bitcoin, then this year Bitcoin prices should rise, but we should not expect too fast price increases, although according to many analysts, by 2021, a large-scale rally of bitcoin can be expected.

Possibly maybe a year after halving, just like 2016 halving, in December 2017 the price of bitcoin reached an all time high $19650 that time and it is more likely that in 2021 maybe bitcoin also reach another all time high. We just need to continuously contribute to the mass adoption of people in using bitcoin in many transactions and as a store of value. It is not that easy to make predictions because there are also other factors to consider when it comes to bitcoin's price, that's why you always need to watch news and article so that you're updated about the happenings in the market and the world. But all holders are looking forward for its price to increase again, we just need to wait for the right time to buy and sell bitcoin.

Indeed. As we seen on the past years of bitcoin, it shows us that the description of it in becoming a "unstable" cryptocurrency. Bitcoin doesn't have any specific amount or price. It always goes high and low. We already experienced the price goes high and high wayback and also we experience the price halving of this. It is a concrete idea where shows that bitcoin doesn't always stays on one side but always explore. I think miners will be the one who is going to be excited about it. As the year passed by, many people have seen a lot of news about bitcoin. And I think bitcoin will stays on the top trending and will always have surprises regarding on it's price.

Exactly. The "Halving" doesn't necessarily mean that prices will skyrocket in the short term. Sometimes, prices remain the same as they were before due to selling pressure on the market. Miners will then increase the price of a Bitcoin in order to maintain profitability. Past halving events have shown us that prices where never the same as before. Once Bitcoin experiences an astronomical increase in price, other altcoins follow. The bull market usually begins from a couple of months to a year later after the halving. If you've managed to buy some Bitcoin before the halving, you'll be able to double or triple your investment in the long run.

Despite the halving, there's no guarantee that prices will continue to rise forever. Everything is dependent on people's demand for crypto on the market. If a lot of people are buying Bitcoin more than what they're selling, you'll see the market on the "green side" all of the time. Otherwise, everything will be "red" meaning lack of interest or massive sell pressure on the market. The COVID-19 pandemic had a negative effect over crypto's price in the short term, but everything got back in track after a month. It shows us that Bitcoin is still demanded by people in the mainstream world, despite the negative impact of coronavirus. If the trend continues, we might see each Bitcoin worth $25,000 by the end of the year. Of course, of all this is speculation since no one knows what Bitcoin's true value is on the market.

Nonetheless, the quick skyrocket in Bitcoin's price will surely put altcoins on the "green side". It'll be just like 2017 where almost every cryptocurrency had a new All-time-high in price. If you're patient enough with your crypto investment, you'll be able to see great results in the long term. Just my thoughts

It is too early to say anything on that regard. During the last two occasions (on 2012, and again on 2016) the spike started almost 6 months after the block reward halving. And the ATH was achieved 12 to 18 months after the halving event (December 2013, and December 2017). So if we go by the same logic, the next ATH may happen on December 2021, which is around 18 months from now.

Yes of course, this graphical presentation tells the story lucidly. I mean what proof we guys need rather than the history of bitcoin and its relation with the halving process.

Many factors get changed, I mean,
1. Miners reward will decrease and thus demand for powerful hash needs to be pushed into the pool.
2. This makes use of more electricity, machines and stuff to boost the cost of BTC in the market.
3. Most important, huge BTC stands virgin and miners focus on chasing them for higher OTC values.
4. Supply will decrease that is to be mined, and huge holdings in dark ledgers makes more demand in the circulation.

Based on these factors BTC will tend to rise ATH over the time.

Just like this guy said, it will take time. It will happen eventually, may be few spikes will come along the way, but ATH will be achieved in couple of months to a years time.

The price is already above 9000 dollars and it doesn't seem like it is going to stop, however I am a little bit worried, in the past after the halving took place there was a slight decrease in the price, so while many are expecting that we are going to see a bull run immediately after the halving that is very unlikely and if the price goes down after the halving and it stays there for a very long time then many miners are not going to have the money to keep operating their miners and this is never a good thing for the network.

Most of us are just depending on what we have seen on the past halving event, if the effects in consecutive then it great but it is still just fine when it's not even we need to face a massive dump. I believe that bitcoin is a piece of rock in a slingshot the more it goes down the higher it gets when it released, so there should be no doubt on bitcoin despite of what is going to happen for this year's halving since we already have  seen bitcoin soaring up high and the masses already recognized it's usage.

if you are hoping for ath then there is no point of doubting that it wont occur but you must instead say that ath will occur .  im with you by the way  . i myself always taught of cryptos to increase .  however there are still people out there that keeps on talking negatives about the halving  . they say that halving cant trigger an increase anymore because the corona virus pandemic takes place   .  its hard to ignore them because thier numbers are growing too

You are right mate, and lot of people think the ATH happens at the same time than halving, that's a big mistake. Those who decide to hold will have to it for the next couple of years if you are chasing the new ATH.

Just follow the pattern guys and play it smart.

Exactly, the positive and the negative effects have very even proportions in this event, we can look at the price of bitcoin as the first positive point we get, very high and getting progressively higher but offsetting those heights, altcoins fall victim to the event because altcoins do not have the conditions to keep up this pace, people's views are only worried about bitcoin. Maybe when bitcoin starts to slow down, altcoins will be able to go up but that's just an objective perspective, the case I'm seeing is that altcoins are still in the pool of blood

we are just week away from Halving but market stays calm and
irresponsive so maybe all of our
 expectation in this part of halving season is not gonna come like
what we wanted.But at least we
 are can still have a positive even what is the effect soon though
 i believe that within a year good
things may come and the Bull will come still maybe in the last
quarter of the mid of next year.

Hello everybody. It is not possible to predict what will happen in connection with the division in half - this is a lottery. You can expect anything from Bitcoin. Look at the price chart and you will understand that sometimes speculations just go through the roof, especially since an event such as dividing the rewards of miners in half cannot go unnoticed. But, as I said, the price of bitcoin is subject to great manipulation - I won’t be surprised if the price falls on the contrary. Sometimes the price movement is so unpredictable that it seems like the brain is breaking. I'm used to the fact that in the cryptocurrency market, on expectations, the price goes in the completely opposite direction. But the fact that market makers are sure to use the upcoming event for their own selfish purposes is for sure. But, back to the question of whether the price of bitcoin, in connection with the upcoming split in half, can reach the highest level, of course it can. Just ask yourself - what prevented an asset with a price of one dollar from reaching the price of $ 20,000 in just a few years - nothing. Well, and what prevents an asset with a price of $ 9,000, in a couple of weeks it reached $ 20,000 - absolutely nothing .

We don't know from where the money will come because right now, we don't see that ICO or IEO or whatever its name be a factor to reach ATH. But bitcoin will have the time to get ATH again after the halving. We could wait for that will happen, and we need to prepare for the time and don't miss the chance

I don't know about that, but I guess that whether the pandemic related to bitcoin or not, we only see that when the pandemic happens, bitcoin price is followed to go down. But now, bitcoin shows the strong again, and the price trying to increase step by step. I guess that history will repeat itself, but we need to calm down because I am afraid that we don't know when it will happen again. Whew, I am so scared to go all-in for long position right now because bitcoin price is still unpredicted, and everything can happen later

That is why we need to be careful because we don't know the right answer for what will happen later. In these situations, everything is possible, and even many people predict that bitcoin price will increase so high and hit the new ATH, they still don't know when the right time will come. I think people right now think about the crypto market, which they see that the impact is not too big compared to the stock market. Maybe after this pandemic, they will start to come (or they already invest in the crypto market).

The price of cryptocurrencies also depends on the economic situation in the countries concerned. If the traditional financial system begins to collapse, people panicking into other assets. Then even Bitcoins become a much better form of capital security for them than inflationary fiat money. Crises are therefore strongly associated with the virtual currency rate. The more people enter this market, the greater its capitalization.

Perhaps there are several other factors that can also translate into the price of cryptocurrencies, e.g. manipulation by large players.

In principle, it’s really a  due to halving. Everything can happen with the same accuracy as in 2016 and we can get the same results as in 2017.  but over the past two years, Whatever the results of bitcoin, the cryptocurrency market has reacted very weakly to bitcoin price increases.  Although if the price of bitcoin falls, then all prices for cryptocurrency fall, And if the price of bitcoin rises, then the prices of only the highest rated cryptocurrencies rise.

In my own opinion about Bitcoin halving, there is a possibility that it would reach ATH in the long run. However, I do not expect that Bitcoin will rise eventually when halving date comes. There’s a slight downturn at first and it may take a while before the actual bull run begins.

I could be wrong with my own analysis due to reducing block rewards in Bitcoin mining. The market is very unpredictable right now. But we’ll see what happens after the halving period. Good luck to everyone holding and trading BTCs!

Halving have potential that can change the market of BTC but do not rely on this and make it sure that you're always checking the market.

We're not still sure if this year 2020 or maybe next year that the ATH will occur, have patience and be wise on trading.

Hoping for BTC's surge to happen asap!

There's also a possibility that they aren't priced in.

If you think about it the price was at 14000 almost a year before the halving. It later stayed at 9000 for a long time and only the stock market crash last month made it fall beck below 5000. This means that the price we are back at now is the normal price that we had for many months. A price that should be higher after the halving!

Nah, always follow the demand and supply not the people expectations. Traders are the ones who do make the market move that's why it's very volatile plus you add up the halving of Bitcoin that makes it the price to likely double or so. But the price correction will always adjust the price so that it's reasonable enough to buy and sell. Although after the Bitcoin halving we still have to wait for more months before we got to see the bullish market.