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.

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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.

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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

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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.

rachael9385

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Millions of investors are hoping that the price BTC should increase above $50k, on the other hand, the price of Bitcoin is very hard to predict because it's a crypto currency exchange and it's decentralized, but it is better not to be too curious about the price speculation

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It's difficult to predict price of bitcoin after the having because it's effects take long to be impacted on the market ,but because of this people usually buy coins in anticipation that price will skyrocket immediately after the bitcoin halving and this is what actually pushes price up.
But with the halving so close I think we could jump over $50k to $60k as this is riding on new institutional investments coming in.

Silberman

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Quote from: el kaka22 on July 04, 2023, 01:25:00 PM

A lot of people know that it will be a great period and the price will be high. So, why is it not high right now? Well, it is already 2x what the bottom was, and you think that has nothing to do with the halving? I think that is mainly the halving for sure, secondly we are not "that" close, it's still in 2024 that means next year, sure we are getting closer and less than a year left but we are not in November or December neither, so a lot of things could happen in the middle.

I believe it is already time to buy, we are even a little late to buy if we haven't bought any. I bought some and keep buying until the halving (and probably after that too) and I would suggest everyone to keep doing the same thing because it will surely go up.

It is better to not worry too much about the price when the halving happens as it does not really matter at all, since the day the halving happens will not necessarily see a pump on the price of bitcoin, and instead the increase on the price of bitcoin is a continuous process which we are even seeing right now, as after we reached the bottom and when the price seemed as if it would continue to go down, this process stopped all of the sudden, and the most likely reason for this to be the case is the halving which is slowly getting closer.

MFahad

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It's difficult to predict that what will be the price because we don't know that what will be the demand of bitcoin holders during halving as we are familiar with the fact that demand effects the price. According to expert of crypto during halving the price will go up but it is also true that most of holders will see increase and will sell their asset so indirectly the price will go down if larger number of individuals sells their bitcoin.

There are just news about halving but we are not sure that what will happen because of the characteristics of crypto that it is unstable so we just hope for the best. Everyone knows that crypto is volatile but they are buying more and more asset because of their hopes that during halving they will get their money in enhance form. If demand increases more than this then surely bitcoin price will touch 100k but these all are just estimation.

el kaka22

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A lot of people know that it will be a great period and the price will be high. So, why is it not high right now? Well, it is already 2x what the bottom was, and you think that has nothing to do with the halving? I think that is mainly the halving for sure, secondly we are not "that" close, it's still in 2024 that means next year, sure we are getting closer and less than a year left but we are not in November or December neither, so a lot of things could happen in the middle.

I believe it is already time to buy, we are even a little late to buy if we haven't bought any. I bought some and keep buying until the halving (and probably after that too) and I would suggest everyone to keep doing the same thing because it will surely go up.

Poker Player

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

The value of Bitcoin at the next halving could be around $40,000 to $50,000.

I would also bet on a figure in this range. It would be the most normal considering what happened in previous cycles, which we always have to keep in mind that it does not have to be repeated, but we can think that it is the most likely: the year before the halving after the bear market the price rises without reaching the ATH, and then moderates its rise and fall, and finally enter the bull market post halving. It is most likely that something like this will happen.

topbitcoin

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Quote from: Reatim on July 04, 2023, 04:58:49 AM

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?

This has been in the forum being tackled for year now and it sees how many posts and value being given but what we will be gaining if how much we invest and how long we will risk.
Today it is 299 days almost a year but are we truly seeing a hundred thousand value?
What i wanna find is how long will it takes after that day.
So if we are ready to take part then post how much you are investing .

Everyone has the right to make speculation with what they want to convey, so there is no limit in that, prediction speculation is something you cannot emphasize to be reality and everyone has its own references in their argument, yes $ 100k is the main target of many People, and they believe that $ 100k will be in this cycle, but that does not mean it will happen briefly, surely we need time to achieve it, maybe we have to follow the 4-year cycle in Bitcoin if you really want to see it.

Sorry, but showing the balance is privacy, and if he shows the balance will you ask for the proof and embed his wallet address? That is not a good action for a global forum like this.

Reatim

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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?

This has been in the forum being tackled for year now and it sees how many posts and value being given but what we will be gaining if how much we invest and how long we will risk.
Today it is 299 days almost a year but are we truly seeing a hundred thousand value?
What i wanna find is how long will it takes after that day.
So if we are ready to take part then post how much you are investing .

khiholangkang

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Quote from: salad daging on July 02, 2023, 07:14:03 AM

It won't happen immediately when the halving immediately there is a big pump going bullish but after the halving event there will be a few more months for a bigger pump, I predict this will be the same as the previous cycle but the scenario is always different from the reality but I believe in the price of bitcoin will be high (ATH).

There is always a lot of speculation that 100K is a very idealistic price, but for me it will be more than that, we as small investors certainly expect a higher price than 100K, but it's enough to make sure that we still have time to continue collecting bitcoins before the price flies.

Having hope is indeed good friend, but don't overdo it, because if it is not as expected with what you expect it will make you disappointed, the calculation is less than 300 days for Halving may rise and maybe not, the article if you follow the 4 -year Bitcoin cycle , Bitcoin should increase to its new ATH in 2025.

Maybe we need to wait any longer to get a price of $ 100K or more than that, I mean do not have the near future with Halving time. But if the more in the scenario of Bitcoin ATH in 2025, of course we still have a lot of time to collect bitcoin continuously

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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.

Accumulate if you can, choose to hold if you can. It simply depends on the investor to how will he/she make an asset more profitable by naking use of its potential. The market is filled with sideways movement and I think same thing would happen until halving. There is a mixed point of view at this moment; some are selling because they tend to wait for a little longer for the price to fall down. While others are just buying at this point and are willing to wait for the price to continue increasing. Question is; are you on the side you know to yourself, manageable? Ofcourse the price could move either up or down, but eitherway, would you be having your own strategy to cope up with extreme price volatility? you should.

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$40k ish maybe if I'm optimistic, $35k at most if not. The price (based on the past) dramatically increases half a year to a year after the halving so those levels should be rather reasonable imo. We might still see higher prices later this year though, but a pullback to $40k at least should probably be expected if it actually does. If not, well, we'd have a pretty long stable market for at least half a year to a year. After that would be the dramatic increase I was talking about earlier, might be at least $60k.

dragonvslinux

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I'd put my estimate between $30K and $40K, likely nearer $30K though. This isn't to say I think bitcoin will trade between these prices until then, as I'm still anticipating a re-test around $50K to $60K before the year ends, but I think that with a continued increase (potentially based on ETF speculation) then there will be a correction back towards more "fair/balanced" prices around $30K, roughly a 50% correction.

That said, without a move to higher levels and re-testing previous highs, I still think price could move within a tight range for the next year, somewhere between $20K and $40K. I also think that after the halving, or not long after, price can start to increase dramatically (like most people think). Especially if there is a years worth of consolidation or otherwise a longer-term correction after a move to $50K to $60K.

Just my prediction anyway, based on previous price data.

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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.

bayu7adi

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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?

During the 2024 halving event, the reasonable price range for Bitcoin is expected to be around $35k-$40k. We cannot anticipate a steep surge immediately following the halving until at least one year later. The formation of the four-year cycle will depend on the public's response, possibly by Q2 2025.

If the public embraces Bitcoin at a higher price, I assume that in Q2 2025, an unexpected new ATH (All-Time High) for Bitcoin will be reached. It seems quite reasonable to expect a leap in the next ATH above $70k.

Biodom

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Median value prediction $34772, range $30611-$38934
....too precise? Grin

karabiber

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Quote from: Gozie51 on July 02, 2023, 02:23:44 PM

The price of bitcoin have actually perform pretty good this season when it is expected to go down in expectation of the halving. If the price have stayed this high compared to how it has been dropping then I think the price after halving may be about 500% or 600% from its current price especially with the expectation on the next halving.

2024 will be a year that is eagerly awaited. We will see the block reward halving of the largest cryptocurrency for the fourth time. If we consider that the BTC price has increased tenfold in just one year in the halving in 2020, we can speak positively for the halving in 2024. Actually it should be ready in the macroeconomic conditions that will support the Bitcoin price during halving periods. I think that the halving will not have the expected effect unless the world economy is freed from inflation and the danger of recession.

I think economic conditions around the world need to improve for us to see the days when money somehow flows into the crypto market. I'm not desperate for the 2024 halving but i'm not in extreme bullish. The price will settle in a certain place within the framework of economic conditions. My purely personal prediction (this is an estimate and not investment advice) is that BTC will be over $60k for 2024. I don't think we can see very high levels for now.

rhomelmabini

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I think it wouldn't touch the all time high yet during the halving day maybe it will be around $45-$50k and then we will just go up. At 300 days there are a lot of things that may happen but if we aren't yet finished the accumulation phase then it's likely we will just be in this zone for a long time, ranging $30k-$45k and for me that isn't a bad thing at all if you want to prepare the next bull run.

STT

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It will be ironic possibly if we repeat the last trajectory found leading upto the last halvening bigger events in the world will be far more important then this internal blockchain news. Always you have to include the fact its a known event ahead of time in a more precise way then normal. So we have a big weakness in price before the last halvening and despite the recovery which was bullish we had a lagging overhang on negative sentiment from that for months after. In July DXY dollar index became quite weaker, so thats my take this time when we lose 100 DXY I will be looking for a more bullish BTC price action.
I will estimate 30k to 40k until there is a much better reason to think otherwise. I actually think the price long after halvening is where we develop a positive trend not so much before or on the day itself.

JoyMarsha

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

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

On the day of the halving, there won't be much of a price to expect if history repeats itself. based on past halving event that has occurred in the crypto space. Although when the price of Bitcoin does increase is months after the halving season.
So therefore, I can predict that the price of bitcoin will be $40k on the day of the halving. Then, a few months later, bitcoin can frequently soar to a new all-time high of $100k above.

Gozie51

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The price of bitcoin have actually perform pretty good this season when it is expected to go down in expectation of the halving. If the price have stayed this high compared to how it has been dropping then I think the price after halving may be about 500% or 600% from its current price especially with the expectation on the next halving.

OgNasty

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I predict we will be at $43,632 when the halving occurs. This marks a pretty huge percentage increase from where we are, but it is also somewhat important to say I believe that price will mark a short term high and the price will drop afterwards, maybe retesting where we are now before making its big run in 2025, which I believe will take us north of $200,000.

DeathAngel

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It’s a tough question to accurately predict an answer but just for fun, I will participate. On the day of the halving I will make a prediction that the price will be $52,000. I don’t think we’ll be at the ATH by the time the halving happens but we won’t be too far away. There are so many variables as to what could happen but $52,000 is a good estimate I think but we will see, not long to go now.

flyingcarpet

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Quote from: salad daging on July 02, 2023, 07:14:03 AM

It won't happen immediately when the halving immediately there is a big pump going bullish but after the halving event there will be a few more months for a bigger pump, I predict this will be the same as the previous cycle but the scenario is always different from the reality but I believe in the price of bitcoin will be high (ATH).

There is always a lot of speculation that 100K is a very idealistic price, but for me it will be more than that, we as small investors certainly expect a higher price than 100K, but it's enough to make sure that we still have time to continue collecting bitcoins before the price flies.

Maybe the price will go up long before the halving. Or it rises in a certain pattern after the halving. The predictions are very different from each other, but everyone's common opinion is that there will be an ascension. It shows us that if we look at the word meaning of Halving, it will logically rise. The important thing here is to live this moment with bitcoin in your hand while this rise takes place.

I can't predict the Bitcoin price but I think it will go above 100k as everyone has said.

LogitechMouse

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In the first halving that I experienced (during the pandemic), the price of Bitcoin doesn't have an immediate impact after the halving happened. Though some investors are very excited that it happened, miners on the other hand felt the opposite because their rewards will decrease by half. The price of Bitcoin increased gradually months after the halving, and we saw it happen during the final months of 2020, and the start of 2021.

Well, just basing on history, price of Bitcoin goes up months after the halving happens. Though there is still a chance that it might not happen in the next halving, we have a clear picture of what might happen months after the halving happens.

imamusma

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Quote from: Husires on July 02, 2023, 08:43:53 AM

The halving does not change the price with an instantaneous effect. It is not a linear function or a mathematical equation. When one of the parties changes in it, the other party changes directly. Rather, there are many variables, and halving is one of them, but its effect is in the long term, not the short one. Therefore, after halving in several months, until we see the effect, this effect will not appear. Within a day, two days, not even a month, two months.

I didn't hope the effect to come so quickly even though the demand for the coin in the market will increase before halving. The price increase will take place gradually and of course it will take quite a long time for that. Currently we are still in the pre halving, many people are accumulating bitcoin and making entries to get bitcoin at low prices. Of course because they expect a big return after the halving in 2024.

Even so, in my opinion, a price correction is still very likely to occur because we are still quite far from the halving. So instead of worrying too much about price at halving, I still tend to think about preparing my investment portfolio better.

Zaguru12

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

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

I would take my predictions based on what happen last halving (year 2020), bitcoin was at a lower price two months before the the 11th May halving and then prior to the day of halving it surge up to close to 3x the price it was two months before then. This could be as a result of investor’s accumulating more which caused a price increase. Then five days to the halving it came down a little bit probably because some investors took profit out of the market. The real bull run started around January 2021.

So base on this, I think with bitcoin around $30k we could see it dump to like close to $20k ending of this year and the start of next year, then a surge to like 40k month to the halving and then it will fluctuate up and down till say January 2025 where a big bull might happen which could take the price well beyond the $70k.

All these predictions or speculations are subjected to change because the economic activity or government policies affects bitcoin trend. So should we be faced with any strict regulations or probably countries relaxing there restrictions towards bitcoin it could see the price deviate from the usual past trends

Husires

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

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

The halving does not change the price with an instantaneous effect. It is not a linear function or a mathematical equation. When one of the parties changes in it, the other party changes directly. Rather, there are many variables, and halving is one of them, but its effect is in the long term, not the short one. Therefore, after halving in several months, until we see the effect, this effect will not appear. Within a day, two days, not even a month, two months.

Therefore, the price is normal or 5% higher than the price during the past month, and I expect it to be in a range between $35,000 and $42,000.

You can see that after every halving bitcoin is taking longer to rise.

bitbollo

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historically (from my memory) before an halving occurred, the price is not in a moment of "pump" but this occurs immediately some months after.
for this halving I wouldn't be surprised at a price of around 35/36K dollars (bear in mind we have already a +60% in 6 months!)
this does not mean that higher prices are not possible (I see it as less likely)...

Stalker22

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I have a conservative prediction in mind! It is possible that Bitcoin could be in the range of $30k to $40k around the time of the halving. Historically, the real bull runs usually occurs in the year following the halving. That is when things get crazy! If history repeats itself, we could indeed see a substantial price increase, potentially reaching $100k or even more in the subsequent bull run.

Captain Corporate

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On the exact day that the halving happens? Thats very hard to predict, I would not be able to do so. I am "guessing" that its going to be 40k+ by the time we get there, I do not know what the exact price would be but what would make me happy would be 40k or more. Not that it has to, if its still lower than that then I would be still happy to keep holding my coins and there is nothing wrong with that, it could be even lower than right now and I would still be happy about it. But if we could somehow reach 40k, which could be 41k or 50k doesn't matter, then I will be quite happy about it. We haven't been there for a long time and I am really hoping for it to be a lot better on the long run if possible.

salad daging

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It won't happen immediately when the halving immediately there is a big pump going bullish but after the halving event there will be a few more months for a bigger pump, I predict this will be the same as the previous cycle but the scenario is always different from the reality but I believe in the price of bitcoin will be high (ATH).

There is always a lot of speculation that 100K is a very idealistic price, but for me it will be more than that, we as small investors certainly expect a higher price than 100K, but it's enough to make sure that we still have time to continue collecting bitcoins before the price flies.

SmartGold01

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there's no doubt that we are all expecting a big turnaround and sudden price surge on bitcoin but we've forgotten there are two things possible, either the price increases or decreases but how do we predict about the outcome of the price?
Yes we know that certainly we must get another new price level since we had this belief that we must witness another ATH but we can't say with assurance to what the price would be so we are only being optimistic that we might see bitcoin from $100k above but we are certain that is why we have to utilize every given opportunities to buy and hold in other not to missed the bull trends.

mvdheuvel1983

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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.

Minosse

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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?

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