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Topic: Is Bitcoin set to RISE into the Halving? (Read 694 times)

hero member
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April 22, 2020, 09:19:05 AM
#69
There is a way the space gives surprises and I dont doubt $20k this year, maybe not immediately after halving. The expectation is high for pump before halving and bictoin price dont usually follow people's expectation. It is very worrisome though if we dont see any pump till the halving cause we expect a dump after halving, the resistance at the moment cant keep the price high. All I expect is a mild altseason while more money keeps bitcoin above $5000, this doesnt usually happen but sentiment will be worse if bear market continues
hero member
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Actually, one should be prepared for what will happen after halving, increase or decrease its price, you should have contingency plans for both scenarios.
We should be but I don't think the price will decrease significantly after the halving, as mostly the price should rise because of hype prior to halving but it's not happening now, bitcoin was just moving sideways, so I think that would be the same thing that would happen post halving.
sr. member
Activity: 1988
Merit: 275
But Rising will happen if the market stabilized because of the flow now it seems that we will having a delay if the Pandemic continues till 3rd quarter.

halving will happen in less than a month, while the pandemic is still going on, so we cant expect that bitcoin will rise if we think that the pandemic is a big factor to hinder the uptrend of bitcoin.  Even until the end of the year, its still possible that the economy will continue to struggle as we need vaccine to get back to our normal life, no vaccine means we are still at a high risk of getting infected.
waiting for the vaccine to come will be a very long time friend, at least it takes 1 year, I think the rise of Bitcoin if it happens later is not about vaccines,
but market sentiment leads to this commodity, I'm 99% sure that Bitcoin is already in the bull zone

I somehow agree your point here, if bitcoin will rise, it is not all about the availability of vaccine but other factors. Though there will be an effect in the market if the pandemic will be contained because people will get back to their respective jobs and crypto users will stop selling their portfolio, but for those who will invest in bitcoin, they should not expect a big change in price for bitcoin. Actually, one should be prepared for what will happen after halving, increase or decrease its price, you should have contingency plans for both scenarios.
hero member
Activity: 2814
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But Rising will happen if the market stabilized because of the flow now it seems that we will having a delay if the Pandemic continues till 3rd quarter.

halving will happen in less than a month, while the pandemic is still going on, so we cant expect that bitcoin will rise if we think that the pandemic is a big factor to hinder the uptrend of bitcoin.  Even until the end of the year, its still possible that the economy will continue to struggle as we need vaccine to get back to our normal life, no vaccine means we are still at a high risk of getting infected.
waiting for the vaccine to come will be a very long time friend, at least it takes 1 year, I think the rise of Bitcoin if it happens later is not about vaccines,
but market sentiment leads to this commodity, I'm 99% sure that Bitcoin is already in the bull zone
It is considered that this health issue is really affecting the crypto market. Yet, halving has to come near but to have its some point of view and of a few market analyses it probably we can't expect that the price of bitcoin will soar high as what we think at first. In fact, the current market flows showing more downs than of having upclimbing motion will tell us that we are far from being in the Bullish market but to expect a bearish one.
full member
Activity: 1610
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But Rising will happen if the market stabilized because of the flow now it seems that we will having a delay if the Pandemic continues till 3rd quarter.

halving will happen in less than a month, while the pandemic is still going on, so we cant expect that bitcoin will rise if we think that the pandemic is a big factor to hinder the uptrend of bitcoin.  Even until the end of the year, its still possible that the economy will continue to struggle as we need vaccine to get back to our normal life, no vaccine means we are still at a high risk of getting infected.
waiting for the vaccine to come will be a very long time friend, at least it takes 1 year, I think the rise of Bitcoin if it happens later is not about vaccines,
but market sentiment leads to this commodity, I'm 99% sure that Bitcoin is already in the bull zone
hero member
Activity: 2856
Merit: 673
But Rising will happen if the market stabilized because of the flow now it seems that we will having a delay if the Pandemic continues till 3rd quarter.

halving will happen in less than a month, while the pandemic is still going on, so we cant expect that bitcoin will rise if we think that the pandemic is a big factor to hinder the uptrend of bitcoin.  Even until the end of the year, its still possible that the economy will continue to struggle as we need vaccine to get back to our normal life, no vaccine means we are still at a high risk of getting infected.
hero member
Activity: 2744
Merit: 541
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The most important question on everyone's mind right now is Bitcoin set to rally into the halving or will we see another dump and retest of the recent lows?

In this video I take a in-depth look at the possibilities and probabilities of what happens going into the halving.

https://youtu.be/j78WSzThEK0
There is no such thing as Set to rally because But there are big chances of going High as we can see if we track back the movements from the halving happens years ago and if we will basing on those then we are really going High .

But Rising will happen if the market stabilized because of the flow now it seems that we will having a delay if the Pandemic continues till 3rd quarter.
legendary
Activity: 2758
Merit: 1228
The most important question on everyone's mind right now is Bitcoin set to rally into the halving or will we see another dump and retest of the recent lows?

In this video I take a in-depth look at the possibilities and probabilities of what happens going into the halving.

https://youtu.be/j78WSzThEK0
It was really a nice and informative video and I believe that bitcoin price is going to rise after the block reward halving. But the Corona virus pandemic can cause trouble as the stock market is also struggling and people aren't having extra money to invest in Crypto or stocks. Also that most of the people are speculating that the price will go up, it can also go down as bitcoin never cease to surprise us.

The covid-19 change the story by now since we doesn't know on when this end up and this calamity creates panic where people not want to release their money for certain investments since the current situation in world is questionable, we are experiencing a panic right now so maybe we cannot experience some great things this halving.
hero member
Activity: 2856
Merit: 667
I can't expect a rally this year but I believe buying bitcoin when it dump is a great thing to do.
No matter how bitcoin will struggle, the time will come that it will rise again, and if it will not happen this year, let's expect that next year would be a great year for bitcoin.

Reasons : because bitcoin is now surviving this global crisis, and it shows our market is strong or have matured already.
               Bitcoin is due for some big breakout, so eventually we will see a new ATH soon.
               Altcoins has to rise as well, so it's necessary that bitcoin will rise first.
hero member
Activity: 994
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The most important question on everyone's mind right now is Bitcoin set to rally into the halving or will we see another dump and retest of the recent lows?

In this video I take a in-depth look at the possibilities and probabilities of what happens going into the halving.

https://youtu.be/j78WSzThEK0
It was really a nice and informative video and I believe that bitcoin price is going to rise after the block reward halving. But the Corona virus pandemic can cause trouble as the stock market is also struggling and people aren't having extra money to invest in Crypto or stocks. Also that most of the people are speculating that the price will go up, it can also go down as bitcoin never cease to surprise us.
legendary
Activity: 2884
Merit: 1117
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Rising into halving and rising after halving are different things and I think bitcoin will rise into the halving but may not continue afterwards. Why do I think it will rise into the halving? Because, I see that people have been expecting this halving for the past year and those people have been buying into bitcoin for the whole past year and they are doing so even more right now since it is getting closer, they all think bitcoin price will go up so in their minds "if I think bitcoin will go up after halving, best time to buy is before the halving".

Why I think it will go down after halving? Because, these people all bought their bitcoin before the halving and who is there to buy afterwards? We do not have a reason to buy afterwards and that may cause a drop.
legendary
Activity: 3458
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In this time, The Bitcoin price will not follow Shocked the previous Bitcoin Halving events.
I don't think so either, and for the same reason--the coronavirus outbreak has changed everything.  At the moment I think bitcoin's price has been buoyed by all the free money US citizens got, which I'm sure at least some of them used to buy crypto.  If that didn't happen, the price would likely be lower than it is--but that's just my view, and I'm not 100% sure of it to be honest.

I'm still curious as to what, if any, effect the halving is going to have.  There may be some increased buying because of it, but I'm not expecting bitcoin to hit even $10k this year.  We're going to have to see what happens with the global economy in the months to come.  If it tanks because of all the people being out of work, I don't have high hopes for bitcoin.
sr. member
Activity: 1246
Merit: 260
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Most likely, the price of bitcoin will increase as the halving approaches but I have always been saying it is not going to increase way up high as most people have been anticipating to see another bull run. I still remain my stance, we are going to see a price increase but not much.
member
Activity: 868
Merit: 16
I'd like to consider the situation we are now, there's a global pandemic, therefore I have doubt that bitcoin will rise into the halving.
Bitcoin is set for a rise if this pandemic did not happen, sadly, it's here now and it's taking a while already and still no solution on how to stop this.

TBH, I believe that crypto's future when there is a global crisis.
Unless there are a lot of people who trust bitcoin, meaning if the mindset of the people is changing that bitcoin being considered as safe heaven such as gold then I believe bitcoin price will goes up as much as possible. When this pandemic came gold price has been increasing for more than 14% it is mean a lot of people there believe that gold is true direction. So I just hope that bitcoin is like gold, so many people can using it as a store of value.
legendary
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Bitcoin is not something that really cares about any resistance points on a bull hype day, sure it is very important on a regular day but when it comes down to bull hypes, those are increasing without caring a single thing in the world. Remember last year for example? We have moved from 3.4k to 13.8k in a month! That is literally over 10 thousand dollars in increase, x3 to x4 increase in bitcoin price in just one month!

You think there were no resistance in between? You think with that amount of buy orders today wouldn't get it over 7.5k? It would literally take it over 15k if it were to happen today. Which means maybe the regular days would mean its hard to break over 7.5k however if it is not a regular day and it is a hype day and a bull run, there is no resistance that could stop it.
hero member
Activity: 2604
Merit: 816
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These situations are looks strange because bitcoin price does not increase or decrease and its turn around on that price. I wonder what will happen in the next few hours, but I won't expect to see the price will go down because we already touch $7k so far. But if the price is finally going down, I think that will be another good time for us to buy more bitcoin. The line at the chart itself is no moves good, and tends to sideways or is it because we are in the weekend mode.
legendary
Activity: 1806
Merit: 1521
There is a lot of reason into why it won't drastically rise or be pumped.
First, the last halving didn't make it rise in a short span. It did but it took a year before it happened and it doesn't really look right.

There was a pre-halving pump in 2016. Beginning in late May, there was a month long rally where price rose 105%. It topped out a month before the halving.

For comparison, BTC just went on a month long rally and rose 94%. If April 7th was the top, it'll have been ~ 1 month before the halving, just like 2016. I could see one more leg up though, as long as the stock market obliges.
sr. member
Activity: 1400
Merit: 259
There is a lot of reason into why it won't drastically rise or be pumped.
First, the last halving didn't make it rise in a short span. It did but it took a year before it happened and it doesn't really look right.

The corona virus is also a thing to consider.
With a lot of spent money by people there be won't much to invest with or they would not even have that small thought to put it in the market.
Maybe after 1 year we could see some fruits.
hero member
Activity: 2996
Merit: 609
The most important question on everyone's mind right now is Bitcoin set to rally into the halving or will we see another dump and retest of the recent lows?

In this video I take a in-depth look at the possibilities and probabilities of what happens going into the halving.

https://youtu.be/j78WSzThEK0
Have you seen the history a few years ago when bitcoin did halving ?, while bitcoin would do halving, prices did tend to go down, but there was a slight increase, you can see prices now, bitcoin prices have dropped dramatically from $ 10,000 to $ 3800, and now prices are recovering at $ 7,000, I think the price will drop back to $ 5,000 before a new bullrun begins after halving, just opinion  Wink
Things happened in the past doesnt mean that they will picture out on what would be the things will happen into the future.
Yes we have seen that the price had clinged up but only after the event.There would be always that kind of accumulation period
but we know that not all does have an assurance that it would happen again.We might not even know if this current price would be the bottom
or the last one to be seen and the price might shoot up neither before or after the event - no one really knows.
full member
Activity: 1568
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COMBONetwork
The most important question on everyone's mind right now is Bitcoin set to rally into the halving or will we see another dump and retest of the recent lows?

In this video I take a in-depth look at the possibilities and probabilities of what happens going into the halving.

https://youtu.be/j78WSzThEK0
Have you seen the history a few years ago when bitcoin did halving ?, while bitcoin would do halving, prices did tend to go down, but there was a slight increase, you can see prices now, bitcoin prices have dropped dramatically from $ 10,000 to $ 3800, and now prices are recovering at $ 7,000, I think the price will drop back to $ 5,000 before a new bullrun begins after halving, just opinion  Wink
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