Topic: Is Bitcoin set to RISE into the Halving? - page 2. (Read 749 times)
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I guess many people now are waiting for the next thing that will happen with bitcoin because we are less than a month to see the halving time coming. Maybe bitcoin will rise towards the halving, and after the halving, the price will get the real rise to the highest price. If we check to the market, it seems, right now, the price is at the sideways, so that makes me wonder whether the price will get down and make correction again or it will be like this until the next month. If the price is up, the increase is not too high, but it's enough to make a profit.
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.
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.
Dump to 3-4k by the FED. They need to cover the money they have been printing, so they are going to sell their bitcoins.
Also its easy for them to dump the price and tell the cucks it was COVID-19.
so i need to sell my coins now to wait for this dump?mind to say when will this be happen?or this is another FUD that needs to spread in this forum so people will panic again?Also its easy for them to dump the price and tell the cucks it was COVID-19.
they have already done this last month when the pandemic make news and the market drops easily down to 4k$ price of Bitcoin.
But after all this what i wanna do is to Buy more if this 3-4k happens again because i missed the 2019 fall.
$7500 has a resistance line. Its not going to be easy to break but we may be able to see the price stays at the current price for several days to weeks.
Not sure, I am sensing it could break that grounds sooner. Halving is approaching fast, and few days already weve seen how bitcoin struggling on this current level. Maybe traders are just waiting for a signal to fully passed that mark. there truly is an epic amount of money waiting on the sidelines. a record-setting $3 billion+ is held in stablecoins sitting on exchanges right now. it's an explosion waiting to happen!
I was hoping the explosion could be on the positive side and not the reverse position.
when you think about it, with the recent drop a lot of investors panic sold their bitcoins and now they are left with a lot of money that they are waiting to put back into bitcoin (buy back). everything is pointing towards a big rise since the potential is there. but the only thing that is not clear is the time of it. it could be pre-halving or a week after halving.
there truly is an epic amount of money waiting on the sidelines. a record-setting $3 billion+ is held in stablecoins sitting on exchanges right now. it's an explosion waiting to happen!
https://twitter.com/twobitidiot/status/1250979847536590849
$7500 has a resistance line. Its not going to be easy to break but we may be able to see the price stays at the current price for several days to weeks.
While I do think any price under $10,400 is cheap, and anything under 20k provides amble room for serious profit - I am providing a "safe" entry into Bitcoin. I also mentioned in the video that now is a good time to buy and I added during the dump at $4100, $5200, $6100 and $6500. I would had added more but the dump was very quick and I could not get more funds to the platform I needed in time.
Yes, $6,300 is going to be a fantastic entry into Bitcoin in just a short time in my opinion.
It was meant for holders, if they could buy right now before the breakout in 7500, its always going to drop again but before that they can already accumulate after selling at such price too. Its always going to test the support and resistance.
Jordan already said it could go to $20K this year like it will tough the ATH when it breaks the resistance where the liquidity crisis he mentioned. The fact that halving as always will act as catapult for the price to pump, its almost certain that it can go that direction. Halving is going to happen next month. He is suggesting to buy just when it retest the support level why not buy now?
While I do think any price under $10,400 is cheap, and anything under 20k provides amble room for serious profit - I am providing a "safe" entry into Bitcoin. I also mentioned in the video that now is a good time to buy and I added during the dump at $4100, $5200, $6100 and $6500. I would had added more but the dump was very quick and I could not get more funds to the platform I needed in time.
Yes, $6,300 is going to be a fantastic entry into Bitcoin in just a short time in my opinion.
It was meant for holders, if they could buy right now before the breakout in 7500, its always going to drop again but before that they can already accumulate after selling at such price too. Its always going to test the support and resistance.
for the time being, I suspect that prices will soon reach $ 7.5k. however, halving will definitely have an influence on the price of bitcoin. Well, I think that the price of bitcoin is preparing for recovery. even now prices are slowly recovering.
If you pay attention to the previous Bitcoin halving in past years, it is understandable that many users of cryptocurrency hope for Bitcoin halving in May 2020. But you need to take into account the current circumstances in the cryptocurrency market and the economic situation around the world, which does not give any guarantees for bull running thanks to btc halving in the cryptocurrency market. Although my hope is still smoldering to see positive results.
It is a global health issue gives something to fully not think a positive market response during halving. We might say that 2020 Halving is in the wrong timing. We can't certainly expect an increase in market demand during this time even we saw a strong market hold. And probably we just hold the current market position until the end of this year.
Dump to 3-4k by the FED. They need to cover the money they have been printing, so they are going to sell their bitcoins.
Also its easy for them to dump the price and tell the cucks it was COVID-19.
Also its easy for them to dump the price and tell the cucks it was COVID-19.
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?
This is a question that I believe that currently 80% of people must have the answer and the answer is clear for this year we will not see a big rally, in my opinion for this year we will see a moderate price increase. perhaps from november / december the price will reach more than $ 10,000 if the pandemic is successfully controlled. I heard that some governments are doing everything possible to reduce the crisis and everything will return to normal as soon as possible, this could be good for the cryptocurrency market
the halving hype is definitely there and every day it is growing even bigger as more people are anxious to buy bitcoin expecting the hyped up rise. when you think about it, with the recent drop a lot of investors panic sold their bitcoins and now they are left with a lot of money that they are waiting to put back into bitcoin (buy back). everything is pointing towards a big rise since the potential is there. but the only thing that is not clear is the time of it. it could be pre-halving or a week after halving.
If you pay attention to the previous Bitcoin halving in past years, it is understandable that many users of cryptocurrency hope for Bitcoin halving in May 2020. But you need to take into account the current circumstances in the cryptocurrency market and the economic situation around the world, which does not give any guarantees for bull running thanks to btc halving in the cryptocurrency market. Although my hope is still smoldering to see positive results.
The small drops are not really all that much of a "panic sell" if you ask me, sure the panic sell did happened during when we fell from above 8k to under 4k, that was really a big panic sell and I can understand it, however when you drop from 7.2k levels to 6.9k levels that is not big enough to be called a panic sell.
We peaked at a resistance level and we couldn't move beyond it so the buyers stopped for a while and sellers took over so that buyers could join the sellers and drop the price and buy more cheaper with more money that way. It helps us go further and higher in the future, those small corrections give the buyers some time to regroup and attack harder in the future. Check out all the higher movements, all of them came from a bounce back movement before itself.
We peaked at a resistance level and we couldn't move beyond it so the buyers stopped for a while and sellers took over so that buyers could join the sellers and drop the price and buy more cheaper with more money that way. It helps us go further and higher in the future, those small corrections give the buyers some time to regroup and attack harder in the future. Check out all the higher movements, all of them came from a bounce back movement before itself.
With what is happening, I believe investors have different expectation this year.
Though we think that bitcoin will rise or should rise because halving time will come, but the pandemic is still here, this kills our economy.
Though we think that bitcoin will rise or should rise because halving time will come, but the pandemic is still here, this kills our economy.
They have this mixed feeling of selling and holding.
When the price fell, I think it is not all because of the moving of scammed bitcoins of Plustoken but I think it is also because some holders or investors panic sell their own. With the pandemic still a problem to countries, we can't really remove the possibility that it will drop anytime soon that is why we should stay vigilant as it may go down. The thing here is that I don't think that dump will happen in a longer period. The same last week, that price just rocket up since people would be taking that opportunity to reinvest since the halving is coming.
I imagine the price will rise for $11,000, and make a correction at $7,000-$9,000, and then after the halving, the price slowly to increase and back to $14,000 until October. After that, the price rises so high and break $20,000 and more 
It's too good to be true, but the price can go to any price
But so far, I enjoy for the up and down of the price because I make some profit from that.
It's too good to be true, but the price can go to any price
But so far, I enjoy for the up and down of the price because I make some profit from that.
Phenomenal post. P-h-e-n-o-m-e-n-a-l
This is pretty much my exact base case as well. Due to the recent dump it is possible in my opinion however that we don't get a 30% correction until $14,000.
And during the bull phase except a handful of 30% corrections.
Hahaha, we can expect and have a dream to see bitcoin will rose as we want. But we don't have to shock or amaze if somehow, bitcoin price is not moving as we wish to because bitcoin can up and down anytime and any price
I imagine the price will rise for $11,000, and make a correction at $7,000-$9,000, and then after the halving, the price slowly to increase and back to $14,000 until October. After that, the price rises so high and break $20,000 and more
It's too good to be true, but the price can go to any price
But so far, I enjoy for the up and down of the price because I make some profit from that.
It's too good to be true, but the price can go to any price
But so far, I enjoy for the up and down of the price because I make some profit from that.
Since we're all making guesses, I might as well throw my hat into the ring, not that I've been right every quarter since 2018;)
Price to go up to $9k, as halving counts down and Fomo intensifies. Then perhaps a break of $10k many, many times, before eventually falling back to $8k.
I've always seek 9k to 10k as no man's land and nothing inside there is meaningful. BTC will need to break 2019's high to send the market into a frenzy.
Yes, it is free to guess, and I think many people make their own guesses. I hope that the price to go up this month and reach $9k will happen before halving. I am sure bitcoin will be more than what happened in 2019.
With what is happening, I believe investors have different expectation this year.
Though we think that bitcoin will rise or should rise because halving time will come, but the pandemic is still here, this kills our economy.
Though we think that bitcoin will rise or should rise because halving time will come, but the pandemic is still here, this kills our economy.
Is Bitcoin set to RISE into the Halving?
Currently most influence on Bitcoin price have upcoming economic recession. Halving is a sure event that was planed 11 years in advance, No uncertainty there. With economic recession only sure thing is that it is here. How severe will be no one knows. Two days ago Wuhan finally started opening after 14 weeks. That are good news. A lot of world is locked right now and a lot of world is only getting infected with covid-19 and lockouts will only start in upcoming weeks. We will have to lie with virus until the vaccine a year from now. That is a lot of uncertainty. No one can predict price of Bitcoin a month from now. Impossible. Even biggest whales are powerless.
It is quite to see that this coming halving won't have a huge market incline and it possible we are still below $10k. If we could notice how the market shows its trend, it actually different from the previous halving. And also it has been shown last 2016 halving never did such bullish think during halving but it was shown months after the event. Itis possible the scenario might be the same.
I don't trust fundmanetal analysis because when I did before, my portfolio got burned where I lose huge amount of money. Not because of the recent rise of the price of the bitcoin does mean that it is all about the halving that is now near. I do not think so if it is the real reason but it is all about supply and demand after all, I bought a bitcoin recently because of the breakout that happen and not because of the halving.
I supposed to think the market will surely rise during halving similar to the previous halving
other previous halving shows that price were down but some of it shows increase , its not on a pattern but it depends on the economic flow i believe . now that we are on economic crisis ,there is a good chance that price wont rise too much during or after the halving but this isnt the end guys , we still have other chance after this . usually we can also see a price hike during before year ends if not then next year no problem . crypto life is only rise and fall . not all times price will stay at one side .
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