Less than 300 days left to halving - price predictions for The Day?

eaLiTy

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Quote from: mvdheuvel1983 on July 02, 2023, 05:02:17 AM

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There is a lot of anxiety right now. A lot of people are worried that they would miss bitcoin at $200k but what they do not know is that from all indications it doesn't seem that bitcoin will go to six-figures. The value of Bitcoin at the next halving could be around $40,000 to $50,000.

It depends upon the overall market sentiment, if there is an financial meltdown it is highly unlikely you would see the price around $40k at the time of halving, with the uncertainty that is going on for a while around the world and the with the high inflation it is not that easy to predict. Even in a hypothetical situation where everything is perfect, the rally will not start right after the halving.

Kadal Ijo

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Can't wait to see what will happen on the halving day, the best preparation right now is to keep buying so that when the price skyrocket we can sell and get big profits, now is a good opportunity to buy because we can buy at a low price, and remember if we want to get big profits there is nothing else but to be patient to wait for the halving day.

yhiaali3

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There is a lot of guessing what the price of Bitcoin will be after the halving, everyone is expecting or wishing that the price after the halving will be higher than the previous ATH which was around 70k$.

For me I expect the price to be within the range of 60-80k$, I would be very happy if the price exceeded my expectations to 100k$, but I exclude this figure for the time being due to the market and regulatory uncertainty.

In the end, these are all just guesses that can be hit or miss, but regardless of the price we should remain optimistic about the future of Bitcoin.

mich

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Quote from: Silberman on July 14, 2023, 09:22:48 PM

Quote from: Gozie51 on July 14, 2023, 02:20:35 PM

Quote from: Pejoh Asu on July 13, 2023, 10:18:46 PM

Today bitcoin rose more than 4% and reached its highest price since this year which reached $31k, many analysts believe that the price will soon reach $40k this july, of course this is a good indication that this year the market will rise especially around In 8 months there will be halving day.

It is still surprising to know that speculators are turning to predict an increasing price for bitcoin and the price is actually running along the line. Price dropped slightly today back to $30,168 at the moment , I'm having a feeling that it may keep hanging in between this figure and $35,000 until the month end but anything can happen with predictions.

32k is proving to be a very difficult resistance to leave behind, it seemed as if bitcoin will finally have the strength to leave it behind and then out of nowhere a big drop happened and suddenly any possibility to challenge and surpass 32k disappeared, at least for the moment, but this should not be that surprising as it is going to be difficult for bitcoin to create a high expectation among traders when the halving is still so far away.

Yes, I do agree with what you say about 32k being hard. We saw price of Bitcoin rise to 31.8k with Ripple win with sec. I think there was lots of investors that thought we would go past 32k this week.
But now we are back to 30k. We are going to need some good news for price to get to 31k again.
https://www.newsbtc.com/analysis/btc/bitcoin-price-attempts-to-follow-xrp/

Silberman

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Quote from: Gozie51 on July 14, 2023, 02:20:35 PM

Quote from: Pejoh Asu on July 13, 2023, 10:18:46 PM

Today bitcoin rose more than 4% and reached its highest price since this year which reached $31k, many analysts believe that the price will soon reach $40k this july, of course this is a good indication that this year the market will rise especially around In 8 months there will be halving day.

It is still surprising to know that speculators are turning to predict an increasing price for bitcoin and the price is actually running along the line. Price dropped slightly today back to $30,168 at the moment , I'm having a feeling that it may keep hanging in between this figure and $35,000 until the month end but anything can happen with predictions.

32k is proving to be a very difficult resistance to leave behind, it seemed as if bitcoin will finally have the strength to leave it behind and then out of nowhere a big drop happened and suddenly any possibility to challenge and surpass 32k disappeared, at least for the moment, but this should not be that surprising as it is going to be difficult for bitcoin to create a high expectation among traders when the halving is still so far away.

Gozie51

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Quote from: Pejoh Asu on July 13, 2023, 10:18:46 PM

Today bitcoin rose more than 4% and reached its highest price since this year which reached $31k, many analysts believe that the price will soon reach $40k this july, of course this is a good indication that this year the market will rise especially around In 8 months there will be halving day.

It is still surprising to know that speculators are turning to predict an increasing price for bitcoin and the price is actually running along the line. Price dropped slightly today back to $30,168 at the moment , I'm having a feeling that it may keep hanging in between this figure and $35,000 until the month end but anything can happen with predictions.

justdimin

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Quote from: TravelMug on July 13, 2023, 05:47:01 AM

Quote from: Nrcewker on July 08, 2023, 08:13:26 AM

Definitely, the price will completely depend on how Bitcoins perform this year. If Bitcoins manage to cross 50k by the end of this year, then there is a high probability that we will see 100k USD touched by bitcoins. But everything depends on the demand for Bitcoins. If the demand to acquire Bitcoins increases with time, then achieving a 50k USD price for Bitcoins will be very easy. On the other hand, if demand falls and some bad events occur, like the recent SEC lawsuit, then the price will definitely go down. So let’s hope for the best.

Regardless if we are going to cross $50k or not, I think it will be very bullish next year right after the halving. So for me, we will see a huge pump (sorry for using this word as bitcoin maximalist doesn't used it), but that's how I'm seeing the future.

Maybe in the next run, $120k minimum will be achieved. Or if we really very bullish with all the Bitcoin Spot ETF approval, then it going to be huge that we can only imagine what the price will be.

That's the point of view and that's how we should approach it. We know that it will go up, so we are arguing about how much it will go up, and that's not a good approach at all. I believe that it will go up and that's more than enough for me. I know that people are reacting to this as a different approach and they think that it's going to be different but the reality is that as long as it goes up that's good enough for us.

We should consider this as a good way of making a profit, and if we can make a profit with it then we should be happy. If it goes to 40k then it's a profit, to 50k? profit. To 60k? Still profit, and anything more would be a profit as well. So if we are talking about just how much, then we should definitely buy and hold.

Pejoh Asu

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Today bitcoin rose more than 4% and reached its highest price since this year which reached $31k, many analysts believe that the price will soon reach $40k this july, of course this is a good indication that this year the market will rise especially around In 8 months there will be halving day.

TravelMug

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Quote from: Nrcewker on July 08, 2023, 08:13:26 AM

Quote from: mvdheuvel1983 on July 02, 2023, 05:02:17 AM

Quote from: Minosse on July 02, 2023, 04:32:54 AM

How much do you think BTC will be on the Halving day?

There is a lot of anxiety right now. A lot of people are worried that they would miss bitcoin at $200k but what they do not know is that from all indications it doesn't seem that bitcoin will go to six-figures. The value of Bitcoin at the next halving could be around $40,000 to $50,000.

Definitely, the price will completely depend on how Bitcoins perform this year. If Bitcoins manage to cross 50k by the end of this year, then there is a high probability that we will see 100k USD touched by bitcoins. But everything depends on the demand for Bitcoins. If the demand to acquire Bitcoins increases with time, then achieving a 50k USD price for Bitcoins will be very easy. On the other hand, if demand falls and some bad events occur, like the recent SEC lawsuit, then the price will definitely go down. So let’s hope for the best.

Regardless if we are going to cross $50k or not, I think it will be very bullish next year right after the halving. So for me, we will see a huge pump (sorry for using this word as bitcoin maximalist doesn't used it), but that's how I'm seeing the future.

Maybe in the next run, $120k minimum will be achieved. Or if we really very bullish with all the Bitcoin Spot ETF approval, then it going to be huge that we can only imagine what the price will be.

Silberman

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Quote from: Nrcewker on July 08, 2023, 08:13:26 AM

Definitely, the price will completely depend on how Bitcoins perform this year. If Bitcoins manage to cross 50k by the end of this year, then there is a high probability that we will see 100k USD touched by bitcoins. But everything depends on the demand for Bitcoins. If the demand to acquire Bitcoins increases with time, then achieving a 50k USD price for Bitcoins will be very easy. On the other hand, if demand falls and some bad events occur, like the recent SEC lawsuit, then the price will definitely go down. So let’s hope for the best.

It will take us some time before we reach those levels again, and I think this would be the case as I doubt whales want to push the price of bitcoin up so early and limit their ability to get bitcoin for a cheap price for such a long period of time, it is way more likely the price will remain close to the current levels and the whales take advantage of this price and buy all the bitcoin they can, and in fact it would not surprise if they tried to make the price to go down a little bit to buy bitcoin for an even cheaper price.

Nrcewker

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Quote from: mvdheuvel1983 on July 02, 2023, 05:02:17 AM

Quote from: Minosse on July 02, 2023, 04:32:54 AM

How much do you think BTC will be on the Halving day?

There is a lot of anxiety right now. A lot of people are worried that they would miss bitcoin at $200k but what they do not know is that from all indications it doesn't seem that bitcoin will go to six-figures. The value of Bitcoin at the next halving could be around $40,000 to $50,000.

Definitely, the price will completely depend on how Bitcoins perform this year. If Bitcoins manage to cross 50k by the end of this year, then there is a high probability that we will see 100k USD touched by bitcoins. But everything depends on the demand for Bitcoins. If the demand to acquire Bitcoins increases with time, then achieving a 50k USD price for Bitcoins will be very easy. On the other hand, if demand falls and some bad events occur, like the recent SEC lawsuit, then the price will definitely go down. So let’s hope for the best.

armanda90

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Regarding on bitcoinhalving.info/ Bitcoin halving is expected to occur on April 26, 2024 at 7:36 PM UTC. Block reward will decrease from 6.25 to 3.125 BTC. I have predict with Bitcoin will raise above $50,000 left several weeks before halving time, its excited to know will be close with halving time because positive effect for bitcoin back to higher price. Exactly last several days, Bitcoin looks stable around $30,000 and optimistic with this time halving left 293 days will reach until $50,000.

Keep optimistic with Bitcoin back to higher price when closing with halving, good ideas invest right now before close with halving and bitcoin will raise to higher price more.

dansus021

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Quote from: Minosse on July 02, 2023, 04:32:54 AM

Today it's 299 days left to halving, according to BitcoinHalving.info . It seems like yesterday that the last event occurred, but time flies.

How much do you think BTC will be on the Halving day?

293 Days and keep going Grin

My prediction will same as others maybe it would be 40-50K level but Im confident at 50K level or even more. or maybe the price is going sideaway at 55K level. But one time for sure is not going to touch all time high if we look at previous halving.

But end of 2024 would be hype and time for crypto to shine

_BlackStar

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Quote from: EFS on July 06, 2023, 06:44:49 PM

When you predict a price that may be your target and affect your future decisions. I would acccumulate as much as coins until that day comes.
We were sure the previous bull would see 100k but it didn't get that far. I don't want to make a similar guess now. All I want is to have more Bitcoin. So the longer it stays at these prices, the better for me.

Yes - it's a good plan. I would certainly adopt a similar plan if I had some budget to spare after making ends meet - that's as much accumulation as I can imagine.

Even if they don't manage to save on their monthly salary - then I think they can accumulate signature campaign earnings as a long term investment. $40 per week for full members across multiple campaigns will get them collecting at least $160 per month. If they manage to do it in 1 year, then of course the value will increase consistently.

Silberman

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Quote from: virasog on July 06, 2023, 12:08:15 PM

Quote from: bettercrypto on July 03, 2023, 01:21:18 AM

We still have a few months of preparation to accumulate Bitcoin little by little in our wallets. A lot can happen in the market to be honest. Then I also see that many investors are already preparing for this matter, especially the whale investors right now I think they are ready and really positioned for that time.

That's why we as ordinary community investors should do the same so that at least we don't get zero on the day of Bitcoin's bull run.

If you are still thinking that prices will drop and then you will accumulate bitcoin, then you are wrong. Bitcoin already has moved from 16K to 31K and slowly and steadily it is moving toward its all time high. If you have this approach to catching the exact low, you may keep waiting and bitcoin price will reach its all time high or even more.

The best thing you can do is to buy some Bitcoin at the current price, and if the prices move down, do the DCA and buy more. In this way, you will get prepared for the next bull season and at the same time, you will not lose the train in case the bitcoin price move high from this point.

Not only is catching the bottom very difficult, as no one really knows where is the bottom, but at the same time the majority of the people that complain about it and which would have liked to buy a that moment would still not do so if given another chance, in order to buy when the price is in free fall you need to be incredibly confident on bitcoin and your own skills, as back then when the price of bitcoin was below 16k it seemed as if the price will keep falling for months, only for a reversal to come unexpectedly.

EFS

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When you predict a price that may be your target and affect your future decisions. I would acccumulate as much as coins until that day comes.
We were sure the previous bull would see 100k but it didn't get that far. I don't want to make a similar guess now. All I want is to have more Bitcoin. So the longer it stays at these prices, the better for me.

tabas

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On the actual day of halving, I wouldn't expect that much. It takes time until the pattern for the bull run is built during that time.

Quote from: coin-investor on July 04, 2023, 06:04:12 PM

My reference is the last halving and it's by far the best price After halving, the price will only increase after the halving, not on the halving day we may even set a new record this next halving because so far we are getting a lot of good news and less FUDS and if this continues we have new people coming and the next halving is the big attraction for them,

I think that we're getting the pattern right. Each halving is becoming better than the past and hopefully, this one is going to be better than the last one. With that, maybe this is going to be the time that we'll see a six digit bitcoin and that will be the next support that we're all gonna be. FUD or anything that will scare the people in the market are going to be there but, they won't be as strong as the bull run for bitcoin.

Quote from: coin-investor on July 04, 2023, 06:04:12 PM

I find it easier to convince people to invest before the halving because of the anticipated price increase, which history proved to be correct.

I wouldn't convince people, I'll just give them the data and history of it and let them decide.

virasog

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Quote from: bettercrypto on July 03, 2023, 01:21:18 AM

We still have a few months of preparation to accumulate Bitcoin little by little in our wallets. A lot can happen in the market to be honest. Then I also see that many investors are already preparing for this matter, especially the whale investors right now I think they are ready and really positioned for that time.

That's why we as ordinary community investors should do the same so that at least we don't get zero on the day of Bitcoin's bull run.

If you are still thinking that prices will drop and then you will accumulate bitcoin, then you are wrong. Bitcoin already has moved from 16K to 31K and slowly and steadily it is moving toward its all time high. If you have this approach to catching the exact low, you may keep waiting and bitcoin price will reach its all time high or even more.

The best thing you can do is to buy some Bitcoin at the current price, and if the prices move down, do the DCA and buy more. In this way, you will get prepared for the next bull season and at the same time, you will not lose the train in case the bitcoin price move high from this point.

dunfida

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Quote from: coin-investor on July 04, 2023, 06:04:12 PM

Quote from: Minosse on July 02, 2023, 04:32:54 AM

Today it's 299 days left to halving, according to BitcoinHalving.info . It seems like yesterday that the last event occurred, but time flies.

How much do you think BTC will be on the Halving day?

My reference is the last halving and it's by far the best price After halving, the price will only increase after the halving, not on the halving day we may even set a new record this next halving because so far we are getting a lot of good news and less FUDS and if this continues we have new people coming and the next halving is the big attraction for them, I find it easier to convince people to invest before the halving because of the anticipated price increase, which history proved to be correct.

Majority would really be that going after or looking for after halving event because this is where usually bull run would be kicking in. Few months later on then for sure this is where that green long candle would really be seeing. This is why for those people who wants to take advantage with that kind of event then accumulating this time would be the best thing or wise thing to be done.This is why better accumulate and dont make yourself get left behind on the train.If you had missed out that before train then you shouldnt miss this one.

But of course this wont really be a smooth sail ride and this would really be still a bumpy road to take just like always. We cant really just shoot up without having no red candles and better brace yourself with
unexpected events and fundamentals which might really be able to face up and this is why you should really be wise on taking up decisions anytime you do see an opportunity to get in.

coin-investor

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Quote from: Minosse on July 02, 2023, 04:32:54 AM

Today it's 299 days left to halving, according to BitcoinHalving.info . It seems like yesterday that the last event occurred, but time flies.

How much do you think BTC will be on the Halving day?

My reference is the last halving and it's by far the best price After halving, the price will only increase after the halving, not on the halving day we may even set a new record this next halving because so far we are getting a lot of good news and less FUDS and if this continues we have new people coming and the next halving is the big attraction for them, I find it easier to convince people to invest before the halving because of the anticipated price increase, which history proved to be correct.

Topic: Less than 300 days left to halving - price predictions for The Day? (Read 441 times)