Topic: How far can BTC go before halving? - page 2. (Read 298 times)

With about 10 days left from now until the Bitcoin Halving. And looking at the current price which is in the area around $71,200USD. I think when the halving occurs the price will not be much different. Maybe my hope could be closer to the $75,000 area. That would be good enough. But sometimes Bitcoin movements when they have gained upward momentum then they will rise quickly and the same goes for when they go down. Volatility is getting stronger ahead of the halving. And all I hope is that there won't be another big drop after that. Although usually corrections always occur. But I hope it's just a minor correction. because I want to see a higher rise and a new ATH during the halving and after.

My personal observation was quite clear until the mid of march but things got changed because the market is now in defensive mode and I was not expecting such development in the market, my target was 80k before halving and then a clear correction to consolidate for a while and shoot up the journey but now the targets are really unclear, there are higher chances of early consolidation and a good kick start and then a gain a shake off to back in the consolidation zone before we move up again.

Most of the patterns are unavailable to use due to the unexpected nature of the market in this cycle.

I cannot make an assurance if the price trend will still repeat its history or probably take a new route. That is beyond our control since bitcoin itself is highly unpredictable. However, one thing is certain, price fluctuations will continue to exist in the market most particularly that we are heading into something relevant for bitcoin and for its community. And most probably, since bitcoin halving is very near, then I think $72k would be the last rise for bitcoin before halving happens.

I am not expecting so much from this current halving so I don't put high hopes on anticipating a much higher price. I guess bitcoin price will end at $72k or $73k prior to halving due to price correction that's always present in the market. And that's not bad I guess, what's more important is the price after halving and how far it will go throughout it's new bull run. Everyone is anticipating massive profits with the upcoming bull run so let's see how bitcoin will make us amaze once again.

the price of Bitcoin is unpredictable so from my own principles of understanding Bitcoin I believe that right now we are in bullish season we are not in bearish season that is why the price of Bitcoin continue to increase but buying bitcoin now for storage is advisable and the also have a negative effect which I may say that  it will fall into disadvantages of investment...because It Might Fall based on the market now is not stable so whoever that saying that will experience more bully season after having so there is every tendency from my own observation that the price of bitcoin might drop or not, and after experiencing halving we don't really know if the price will reduce or not.

this is just like exaggeration and the speculation because we don't really know the actual price bitcoin will get to before halving so the price of bitcoin is unpredictable and I always emphasize on that, so the price of bitcoin we may say that the price may increase or not and it depends on the demands of the market and the supply, right now the price of bitcoin might not reach that seventy three thousand [73k] it was before the price started falling, the price of bitcoin that falls now starts when the price reach seventy three thousand and since then it has not reached or got back to the exact price value.

I've seen say that it can go as high as $86k and once hit, after the halving then it will be followed by a correction. And having that correction said it's a normal process to reach another ATH for next year. Maybe by the end of this year, we'll see the windows of $80k and then some huge crash could come but then that's in preparation of the upcoming bigger bull run and higher ATH that we're going to see by 2025. But the trend and sentiments can still change.

Just follow the market price cycle that has occurred from period to period. Most likely it will be recent history.
Hold on and if you can still afford to buy before it comes, do it.
Once it was $73,777, the price chart declined again below $70K. Now the market chart price is back above $70K and the 24 hour high is $72,797.99. If the market cycle that I said leads to reality, then we will say why it is necessary to own Bitcoin.

The price of Bitcoin is supposed to be below its all time high according to the previous halving theories. Although it is not certain that it must be below its ATH because as we can see it has already sure pass its ATH like a month ago, but I feel like this is just price manipulation because you can see how unwrap the market is and it is becoming hard for traders to get the right direction of altcoins because they even tends not to follow Bitcoin at this time.

This can be the last opportunity to buy since halving is few weeks away from now, we can have another opportunity to buy but not yet certain because we cannot predict the market.

Financial flows from investment funds were very strong, making the chance of a correction unlikely, but we could still see $60,000 to $50,000, which is not very far from current prices. Hence, no one can give you any prediction, as we do not yet know the levels of psychological barriers and the levels at which the price stabilizes.

Btc is still pumping for now, but looking at the current price and the bullish market, I don’t think it will exceed 75k or it will be between 75k to 78k and later returns to a stable price which would it will be there for a long period of time, I don’t btc going much higher this time because of the bull run is not longer active as it was in past few months but the price is still n track anyway, let just watch and see how it goes for now, for me btc wins not hit 100k in this bull run

Bitcoin may hit upto $80,000 before the halving set, we are likely to have this, but there is no concrete certainty that it will definitely get to the proposed rate, before halving, we are still in the bull season and we can  see the market volatility as something we cant actually predict on the pattern it may take as we know already that this will comprises of both the bullish and bearish move while we are still on the bull season.

Normally after the halving, the price goes up. If this trend is followed again, then yes we might see something big in the upcoming few weeks. But still, don’t wait for the best time to buy the coins. If possible and if you have funds, then just buy the coins ASAP. Who knows if Bitcoins will cross 100k usd price range after this halving? Hence just relax and observe the movement.

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.

We've been bullish ever since last year. I don't know why others think that we're not bullish when bitcoin drops like $10k on a flash crash where in fact that exactly a year ago price was $28k.

Yeah, I get it that's the sentiment but that kind of bearishness compares nothing than it was a year ago.

More than that.

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.

That had already happened and confirmed. Before now, Bitcoin never broke its previous ATH before halving but it happened this year. That goes a long way to show that the dynamics have changed in this industry. I expect it to set another record of breaking its fresh ATH less than two months later. Halving is in April 20, I believe Bitcoin can blow passed 80k before then.

I don't expect anything different from that happening after halving. I'm of the opinion that price will dip as it was in the past. That dip will afford many investors time to buy into Bitcoin while some will be very scared to buy, thinking it's a falling knife situation.

Is there a reason not to?

The halving creates hype and the hype is over when the halving is done... People lose the hype and the price goes down. When we get close to the next halving, again the hype starts building up and the price also goes up with it. Every new cycle attracts new investors while some old investors cash out, the others stay. This way new investors are added to the old investors who stay in the market and the price keep rising.

It has been like that for more than 10 years now. If I were to make an educated guess, I would say that it will go like that for the next 10 years at least.

The increase in Bitcoin prices may not continue, especially as halving approaches. Maybe it will be the usual downturns and ups. But if anyone asked how long the decline could occur, no one would know.

A bearish market may still occur after the halving, so we can get ready to buy again. We will do that if we still want to increase the number of Bitcoins. But if we already have a lot of Bitcoin, we can just monitor the market.

After the halving, maybe after a few months, Bitcoin prices may massively increase. That's where we will make big profits from Bitcoin. We had better prepare everything so that our target could be achieved. But no one will know if we will experience the same repeated price trend.

Since we have seen an all time high before bitcoin halving,  I don't think we may see a fast running up of price after the halving and as a matter of fact it may take up to 5 to 6 months before we see any significant price records that can worth our speculation at that point in time,  as we journey along with bitcoin price speculations we should always take note of timing, and event's.

Although the major propeller of the last market all time was the ETF approval in January 2024 and we expect the post halving market demands to make another big bitcoin price push it may take some time to see that but when it does happen we may likely see upto 150k - 170k.

Just as what happened after hitting 73k plus at the new ATH. People with different view of bitcoin others might say that bitcoin will go above how they predicted it but what happened has shown us that bitcoin must not be repeating it previous history therefore, when making investment we should mind the kind of investment we should make or whenever we get opportunity to buy bitcoin we should do it without waiting after halving since history might not be always repeating itself again.

This year might be the last we would see bitcoin in this price level and of course, every 2 to 4 years we always have different price in bitcoin and whatever price that has passed we found it very difficult for us to see that same price again. For instance, we can't see bitcoin going back to $2k or $5k, but when the price was that level there are people who were procrastinating about their investment and today they never get back to that Price again, so any opportunities we see in bitcoin we should always try to utilize it otherwise we might missed some Golden and important opportunities.