How far can BTC go before halving? | Bitcointalksearch.org

jaberwock

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Quote from: Kelward on April 08, 2024, 07:34:32 AM

Quote from: Oshosondy on April 08, 2024, 05:44:48 AM

Halving is just some days way and I am not interested in the price of bitcoin before halving before the next halving. What I am looking for now is the price after halving and I am expecting the price of bitcoin to increase. As for the price before halving, I do not know what it could be but I do not think bitcoin will go more $73000.

The halving is almost at hand and I think that it'll make more sense to be looking beyond it as it relates to Bitcoin price, what happens after the halving should be where price speculations focus should be now, although the Bitcoin ETF has changed most naretive of the previous halvings, example is seeing a new ATH before it. My speculation is focusing on what price can be at the end of this year, and I'm hopeful of seeing nothing less than $100k, and in the peak of bull run sometime next year to see ATH near $200k.

Even though halving also happens to other cryptos but the current schedule is for BTC, so yeah it does relates to its price and not only that but the more it will relate because it is said to lower the supply of the coin.

Maybe there is something great that will happen after the halving but a true price speculator won't only look forward on it. They can able to speculate even the daily movements of the market. BTC ETF didn't change the narrative of the previous halvings because the rise before the halving is still there. Bull run doesn't occur year after year but it's okay because we can seem to have enough this year. Once another bull run occurs a couple of years from now, there is no doubt that we will now see $200k or even more than that.

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Quote from: Assface16678 on April 09, 2024, 06:34:30 PM

Quote from: _BlackStar on April 09, 2024, 05:56:28 PM

It's hard to say the exact number - but some such predictions are still worth considering.
Bitcoin price has a good chance of rising and hitting its new ATH again before the halving - but a correction is also difficult to avoid after.

I can expect the price to break $74K to $75K without ignoring potential downside - but of course, this is a bit difficult considering that today the bitcoin price has tested a new support level again. I don't know - maybe you should be a little more patient waiting for the good news before the halving, but I'm not thinking about that too much right now.

I think the predictions is quite correct in bitcoinn might increase more or set another ATH and can be over to $100k because now a days bitcoin investors are more smarter and more hands on in investing in bitcoin, meaning majority of the investors wants to see bitcoin become more higher and in order to do that they will need to keep their assets, holding until the price of bitcoin will be more higher, truly after halving bitcoin might have a correction because of some investors might sell thekr assets, but compared to investors that is thinking the future of bitcoin, they will remain holding and in no time bitcoin might touch the $100k predictions, and I hope it happens because just a little more push, but we will see what will happen in during and after the halving event. And I hope it will be a good movement, and we will be rewarded for holding bitcoin for this long.

Or we might put it this way, we might see another all-time-high before the halving itself. We're barely 9 days from now before the halving commence at April 20. So there are still sometime for the bulls if they want to push it as hard as they can to $75k. But overall though, getting into $73k before the halving is already a big accomplishment for us. We never thought that it's possible to see that happening as it didn't occur prior throughout Bitcoin's young history. So for me this is a sign that something big is going to happen once the halving occur and like what others are predicting, $100k or higher this year and in 2025, we will see the top price for this bull cycle.

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Quote from: _BlackStar on April 09, 2024, 05:56:28 PM

It's hard to say the exact number - but some such predictions are still worth considering.
Bitcoin price has a good chance of rising and hitting its new ATH again before the halving - but a correction is also difficult to avoid after.

I can expect the price to break $74K to $75K without ignoring potential downside - but of course, this is a bit difficult considering that today the bitcoin price has tested a new support level again. I don't know - maybe you should be a little more patient waiting for the good news before the halving, but I'm not thinking about that too much right now.

I think the predictions is quite correct in bitcoinn might increase more or set another ATH and can be over to $100k because now a days bitcoin investors are more smarter and more hands on in investing in bitcoin, meaning majority of the investors wants to see bitcoin become more higher and in order to do that they will need to keep their assets, holding until the price of bitcoin will be more higher, truly after halving bitcoin might have a correction because of some investors might sell thekr assets, but compared to investors that is thinking the future of bitcoin, they will remain holding and in no time bitcoin might touch the $100k predictions, and I hope it happens because just a little more push, but we will see what will happen in during and after the halving event. And I hope it will be a good movement, and we will be rewarded for holding bitcoin for this long.

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It's hard to say the exact number - but some such predictions are still worth considering.
Bitcoin price has a good chance of rising and hitting its new ATH again before the halving - but a correction is also difficult to avoid after.

I can expect the price to break $74K to $75K without ignoring potential downside - but of course, this is a bit difficult considering that today the bitcoin price has tested a new support level again. I don't know - maybe you should be a little more patient waiting for the good news before the halving, but I'm not thinking about that too much right now.

goaldigger

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Few more days before the halving and be careful with the bull trap, whales might try to manipulate the price but expect for a dump before the halving started because that is the previous trend and it can happen again. We might not see BTC beyond $70k again before the halving and it will take time to rise again after the halving, what you can do for now is to wait for the trend and don’t chase it’s price, continue to analyze and decide on your own position.

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Re: How far can BTC go before halving?

With the halving event only 9 days away, I don't think that there will be any significant difference that will happen with the price of Bitcoin.
I also believe that it will not surpass it's previous ATH of around $73,000, and we will be seeing it going sideways at around the $65,000 - $71,000.

That prediction of mine will change after the event. I expect that the market will go down a little bit, giving another chance to investors to buy at a lower price before it goes up significantly. For some investors out there, I think that this time is still a good time to buy Bitcoin although the profit isn't that huge, but profit is profit. Wink

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Quote from: GreatArkansas on April 08, 2024, 10:17:04 PM

Even the day of Bitcoin block halving is not yet arrived, price of Bitcoin right now is already enough and already proven that history repeats itself, you will see previous Bitcoin block halvings that most of the time, before the Bitcoin block halving, you can already see how the price of Bitcoin rise.

Yes, bitcoin price is high enough to see that the market is still bullish. So whether if it will continue to move or go down a little, it still proves that we are still in align with its history. And most probably, if I were to set btc price before halving, I think having $72k-$73k is good enough. That’s already a good start for the next bitcoin halving.

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Quote from: Jascrypt on April 08, 2024, 05:19:09 AM

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I could be wrong but do we think we are gonna experience the same repeated price trend?

For now I don't see BTC getting any higher or lower than the $70k price mark it has been dancing around lately, and the fact that it gets bearish at this time nearing the halving and sometime after the halving is also true from past observations made, before and after the past halvings and ATH was recorded.
Price indicators after the ETF approval speculated that BTC will get to the $100k and over before November and am sure that after the halving, there would be a pump in the price occasioned from demand of BTC and its ETF by large businesses and wealthy individuals with huge investment portfolios.

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You will be correct in multiple times because the cycles continue and people keep using the swings to make money. Another all-time-high is coming? Let it comes and we can take advantage of the price.

The halving usually sees a lot of different trends in the price. Sometimes it goes up and sometimes after the halving the price goes up. But it is not certain and thus we have some prediction games for that going on too. Grin

For now just wait till the drop stabilizes because after having dropped from 72k a lot of trading is happening.

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I read something in a member community in this forum that says that now that we have passed the previous ATH, we are now in the discovery phase of where Bitcoin's price value is headed.
Our only basis is whether there will be higher highs, higher lows, lower highs, and lower lows. That will be the basis of our reading on the chart most of the time, for sure.

But at the end of the day still none of us don't know what will happen in the market due to the market remain unpredictable.

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The max "before" the halving doesn't matter to me because it is just a short term thing. I understand trading includes that as well, but that is really not the way I would trade. Check the indicators and the charts, that will tell you what it could do, if you start to talk with dates like halving date and all, then you are making it a bit longer term.

I personally believe that "things" making the price go up is not a trader thing but an investor thing, if you want price to be up or down in a trader manner, then I think it would mean a lot more if you could just focus on indicators and charts. Because, TA is the thing that decides if it will go up or down based on a trader time period, and that should be the important part of it.

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Quote from: Jascrypt on April 08, 2024, 05:19:09 AM

BTC touched 72k awhile ago which means it's still bullish and may continue through the halving. If this happens; it will be a change in price trend compared to it's historical data.
BTC is usually a bit bearish after halving which I usually see as my last buying chance but it's obvious institutional interest may change it's price action this time around.

I could be wrong but do we think we are gonna experience the same repeated price trend?

The current situation could affect the mentality of the holders and would change their market approach. If we all still manage to hold longer and wait until the end of this year, probably we see the price of Bitcoin higher than today ( $90k $100k). But we can't assume that everyone will do this as we can't urge them to hold as well because in most cases, people are selling their BTC when it pumps. And this has a huge impact on the trend and possibly a price drop is the thing we experience.

How far? That remains uncertain and no way to know it no matter what we do. However, this won't change anything and our faith remains that there is a new ATH any of these days before or after halving.

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Quote from: Jascrypt on April 08, 2024, 05:19:09 AM

BTC touched 72k awhile ago which means it's still bullish and may continue through the halving. If this happens; it will be a change in price trend compared to it's historical data.
BTC is usually a bit bearish after halving which I usually see as my last buying chance but it's obvious institutional interest may change it's price action this time around.

I could be wrong but do we think we are gonna experience the same repeated price trend?

We can't be sure of anything because we have already seen Bitcoin changing its historical movement patterns and moving differently than how it used to move during or around the past halving events because it has never happened where Bitcoin has hit a new all-time high a month or more before the halving event but it happened this time which was a very shocking and unexpected thing for most of us in the market.

So based on these facts, we can't expect anything but we should be mentally ready for any outcome. It can't be said that one should buy more assets at this point nor can we say one shouldn't buy anything because the outcome is totally unknown. Maybe doing DCA is a good option for now.

armanda90

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Since touched new ATH around $73k and bitcoin dropping back under $65k yesterday have good moment with bitcoin bounce again above $72k although just defend for hour awhile and right now going drop slowly.
I think before halving bitcoin possibility going far around $75k behind few days left looks very difficult reach more higher price. Left ten days later with halving but after breaking out around $72k bitcoin price currently going drop and how possibility will go far for bitcoin or back to stable awhile.

Personally, I don't think any strong reason for bitcoin possibility break out higher price with ten days left before halving time, have been one month after new all time high price record and more close with halving time but bitcoin looks hard to break new higher price. Seems waiting few months later or moment after halving with bitcoin opportunity will break out new higher price or get correction back.

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Quote from: Jascrypt on April 08, 2024, 05:19:09 AM

BTC touched 72k awhile ago which means it's still bullish and may continue through the halving. If this happens; it will be a change in price trend compared to it's historical data.
BTC is usually a bit bearish after halving which I usually see as my last buying chance but it's obvious institutional interest may change it's price action this time around.

I could be wrong but do we think we are gonna experience the same repeated price trend?

I think this time the price trend will be very different because we see several large companies such as BlackRock which continue to invest Bitcoin in installments to increase the amount of Bitcoin they hold. This means that it is likely that the price trend that will repeat itself will likely not be the same as what happened to Bitcoin in the previous halving, so as a preparation for us or everyone who wants to continue to gain profits through Bitcoin. Of course this year it's a little tougher because the price of Bitcoin itself is already too expensive.

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Quote from: moneystery on April 08, 2024, 05:32:08 AM

i think that bitcoin will only be able to reach a maximum of 75k before the halving, it may be more than that, but i'm not too sure that it can be more than that seeing that there are no factors that can push it further.

The bitcoin price hit $73k in the last few weeks, which I think is the ATH at the moment. Although I’m not going to be surprised if the price rises more, the problem is that we are not sure if it will pass because I have not seen any signs that will push the market to go higher. If you observe well, you will see any signs that will push the market to go higher. If you observe well, you will see any signs that will push the market to go higher. If you observe well, you will see that the price has not been stable up until now and is going to rise and come back to its previous price.

So even if bitcoin rises during the halving, I don’t think it will pass $73k because the way we are thinking about it may not be like that. Sometimes the history we are thinking of will repeat itself, and the fact that we all know how volatile the market is should make us believe that anything can happen. So the price is unpredictable; we can’t confidently predict the bitcoin market, and that is why even when the price entered $73k, I was surprised, but nevertheless, we are still going to observe the market and see if it will reach the price we are thinking of.

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Quote from: mirakal on April 08, 2024, 09:37:21 AM

History may or may not repeat itself. Knowing bitcoin, there might be a lot of surprises that we still haven’t witness. However, I still agree to this that there might be another market crash that will create bitcoin price decline after bitcoin halving. When that happens, we should not rush into panic selling because eventually after that, bitcoin price will surge high again heading to its new all time high. Instead, see this as another opportunity to accumulate more bitcoin so we can prepare for the next final bull run that may happen sometime this year and may reach its peak in late 2025.

Now when ask how far can btc go before halving, I’d say $72.5k to $73k and after that, bitcoin price may suddenly drop again.

That's true because no one knows how Bitcoin will move. There will be many surprises after the halving and it will attract even more people's interest. Whether after the halving there will be a correction or not, we can only get ready.

We have to remain calm whatever happens to the market because that is our opportunity to see opportunities that we can use. By always being aware of what might happen to Bitcoin, we can always adapt to situations and conditions. We can also determine the steps we need to take.

I think the price of Bitcoin decreased before the halving but it is also possible that the price will remain like this until the halving. All possibilities can happen and only by being alert and preparing ourselves can we do it.

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I believe Bitcoin could get to around $77k before halving if interest of the investors continue. Most of the investment companies try their best to own as much Bitcoin as possible and for them $76k isn't a huge value for a coin.

Halving is still a few days away and we can already see some upward movements of Bitcoin and if same continues then we may see another ATH before the halving. I'm pretty sure that it's very possible to see Bitcoin at $74k or above before the halving even, and it could possibly touch $77k if interest gets intense.

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Quote from: GreatArkansas on April 08, 2024, 10:17:04 PM

Even the day of Bitcoin block halving is not yet arrived, price of Bitcoin right now is already enough and already proven that history repeats itself, you will see previous Bitcoin block halvings that most of the time, before the Bitcoin block halving, you can already see how the price of Bitcoin rise.

Some discussions like "Is Bitcoin already priced before the halving" are interesting when people show their uncertainty about Bitcoin price, first, then Bitcoin future.

If they have solid belief in Bitcoin and long term plan for investment in Bitcoin, they will not care too much about what will happen with price some weeks or days before and after the halving. Thinking about it is headache and with uncertainty, they will make bad decision like selling their bitcoins some weeks before or after the halving.

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Even the day of Bitcoin block halving is not yet arrived, price of Bitcoin right now is already enough and already proven that history repeats itself, you will see previous Bitcoin block halvings that most of the time, before the Bitcoin block halving, you can already see how the price of Bitcoin rise.

Topic: How far can BTC go before halving? (Read 298 times)