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Topic: Bitcoin halving, how low the price can be? - page 4. (Read 775 times)

hero member
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Next month will be Bitcoin halving, how far can the price go down? or how high can the price go up?

I’m seeing some really wild guesses here and I’m hopeful they happen. Nonetheless I think that if it’s going low, it should go no lower than $60k. And if it must go below $60k, no lower than $55k! As for going up, I’m not sure to put a limit on that. But maybe we can see just about $80k-$90k but that doesn’t mean we can’t see higher, because looking at the price today, who would have thought we would get an ATH that quick.
It is also possible the halving and the weeks after are relatively quiet, after all the price has already gone up in a significant way prior to it, so it is likely the halving itself is already priced in by traders and it could take months for the market to gain enough momentum to begin to go up again, not that it bothers me as this is probably the last period of accumulation before the bull run appears on its full glory, and we need to take advantage of it before we see bitcoin surpassing six figures.
sr. member
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Next month will be Bitcoin halving, how far can the price go down? or how high can the price go up?

I’m seeing some really wild guesses here and I’m hopeful they happen. Nonetheless I think that if it’s going low, it should go no lower than $60k. And if it must go below $60k, no lower than $55k! As for going up, I’m not sure to put a limit on that. But maybe we can see just about $80k-$90k but that doesn’t mean we can’t see higher, because looking at the price today, who would have thought we would get an ATH that quick.
sr. member
Activity: 532
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Next month will be Bitcoin halving, how far can the price go down? or how high can the price go up?

Are you asking to know when to buy or to know when to project yourself when selling? I think whatever the case may be, speculation can never be your main tool in achieving what you want in this bull run. You have to understand the market very well and follow it closely. Checking from many past predictions of where bitcoin is suppose to be today, many failed in that. Now waiting for another prediction to serve as guide in protecting and filling up your portfolio could be a bad idea again. Buy when you can and sell when you’ve reached your expected profit target. This bull run is going to be massive that’s all I have to say on this that I’m certain about.
member
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Bitcoin is now $69k surpassing previous $64k, no need for fear.
We already know after halving comes price increment, and new ATH,i don't think bitcoin would drop, though we are all speculating price movement but I think price will surpass $72k after halving.

Our main focus should be buying, accumulating as much bitcoin as possible for this bull run because price might not drop low again for more buyers to accumulate with low prices as it's now. Soon regret will kick into the market because some persons were busy about bitcoin price, rather than building a solid portfolio.

Bitcoin has performance so far is great with present datas, soaring over 60% so far in 2024.
We only anticipate massive bullishness after halving,
legendary
Activity: 2422
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Next month will be Bitcoin halving, how far can the price go down? or how high can the price go up?
Lol 😂, dude, be specific, are you expecting the price of bitcoin to go down before or after the halving, or are you expecting the price to go up?

From experience based on my participation in past halving circle, the price of bitcoin usually dumps before the halving happens, and few days or weeks after the halving, the price will start to skyrocket, which usually meant that we are then officially into the bull run.

But if you look closely at all that have happened in this circle, I think it's easy to see that this circle is quite different from every other halving circles in the past, bitcoin reached previous all time high for the first time before halving, recorded a new all time high, and right now, few days before the halving, the price of bitcoin is still above its previous all time high price.
What I did say is that, it's actually hard to predict what bitcoin will do next, maybe before the halving, but one thing certain is that, we are going to the moon after the halving has come and gone.
legendary
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The thing with PlanB is that his S2F modelling was already exposed to be flawed, as his modelling predicted that we will reach $100k from last bull run and it didn't happen. And so maybe some of his followers might not "believed" what he had to see again.

His model also predicted the average price where bitcoin should be at given time and as you can see we are above that level.
Remember that he predicted the stock to flow level before the 2021 bull run and at that time, he said that bitcoin should reach at least $50k and hold it as floor, when the s2f from the previous cycle was $5k and we did go above 50k, so he was right about that. What he could not predict was the fact that there will be FTX bankruptcy and this crashed the price and caused widespread panic.

You probably know that when we were at 20k last year not many people believed that we'd go back to S2F floor so soon, but we did, so I would not underestimate it.
sr. member
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So far bitcoin has dropped to $62K - Then after halving $100K it is uncertain we cannot predict we will still look forward to bullishness.

There will be many predictions from famous people who come out they are like real forecasters, we follow the flow they say but I don't fully believe even if later bitcoin suppose to $200K then it's good the price is so high from the previous ATH.

I don't think bitcoin will retreat further, the bubble will still be seen with a strong wave after the halving then that will be the moment to see the price continue to rise.

The important thing is that I have bought the $70K price and see the next price.
legendary
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I always keep my eyes on Fear and Greed index.
https://www.lookintobitcoin.com/charts/bitcoin-fear-and-greed-index/
This is the craziest level I've seen of Bitcoin in its circle. At the moment it's over 80% and the
https://feargreedmeter.com which I use calls it Extreme Greed. The market is very much active and excited.

even the last time they predicted B TC to go $100K in 2021 didn't happen. we know now that they are just hyping all these to get more people into crypto market. it's working though and i guess we just need to be part of it and hype this thing to hit that price too. we are all in this together you know.  Grin
No one holds the holy grail when it comes to speculation. It's either below the mark or above it. If there's a target hit, then it's pure luck. I don't believe anyone knows exactly where price will be this bull run to hit ATH, we can only speculate. On the part of getting more people onboard the crypto space as you alleged of PlanB, I don't think it's so. If there's anything, making a prediction puts its reputation on the line. Just like it's doing now after the failed one in 2021.

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if i have to predict how low the price will be is probably the same as they say, maybe around $52k since that's where the support line is. i'm not good at predicting also so i could be wrong.
If we hit $100k before halving, I don't see price crashing and losing almost 50% which will be what $52k would be. $100k could be possible. It's just more $30k to go. In this industry, everything is possible. However, if we only get between $70k–$80k, then $52k dump is more likely after halving.
sr. member
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Next month will be Bitcoin halving, how far can the price go down? or how high can the price go up?

I honestly doesnt have any idea on what going to happen in the market on Bitcoin halving, in my theory it would probably be the safe in the past Bitcoin halving for sure the market price is going to drop down a huge percentage, but honestly, it might that be the case this one, it was surely evident but there was no way to accurately predict the market in this situation, it's still kinda new to a lot of people so market patterns could easily change for sure, it's just that easy to relay on patterns.

My best guess here is the market price is going to drop I could hope back to 25k$ probably, the market is just too high at the moment, most of the traders that are in the market doesnt have any idea they just go in because of FOMO and it was pretty common where newbies are going to think that Bitcoin is unstoppable and just gonna continue to skyrocket to the point where nothing can stop it, you're a fool if you think that way, the higher the market price increase that higher the chance that the bubble is going to explode market could easily experience a huge correction where market price could drop a huge amount in just a short amount of time.

The still best strategy is still going to be Dollar Cost Averaging, I've sold some of my holdings, because for sure it might take a long time again if the market drops its going to be a long time to recover again from that drop, gaining profit is going to be reasonable every time.
hero member
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Next month will be Bitcoin halving, how far can the price go down? or how high can the price go up?
You shouldn't get bothered as to what the price of Bitcoin would do in the short term if you are thinking about the long term, all you have to do is just get yourself ready for either ways, up or down and this should be base on on your plan of investment in Bitcoin,  and besides everything is made easier with DCA, keep aside some funds and split your capital into small portions to buy whilst Bitcoin gets dips in the price ,this way you won't miss out on opportunities to accumulate, though this is the first time we've Seen Bitcoin create a new ATH before Halving, maybe this suggests what's big ahead as we have had more institutional interest this cycle.
full member
Activity: 532
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We already have a bull market in bitcoin, price of bitcoin is above 70k at the moment, if the price of bitcoin goes down in next bitcoin halving then it can go down to minimum 50k, I think it will not be less. Whether the price of Bitcoin goes up or down, we must always be prepared, if you invest in Bitcoin now, you will definitely experience an all-time high. Just hold for long term, you will definitely get profit from this investment.
hero member
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Next month will be Bitcoin halving, how far can the price go down?
No one has the right answer on this one and we can always say that it can range from $10k-$20k.

or how high can the price go up?
As for this range, it can be from $100k-$500k. That's why no one really has the right answer for this one and with Bitcoin's volatility, any price can be of possibility and only time can tell on what price it is going to be soon. While you've asked this question, are you prepared for any of those possible high prices soon and you've got some holdings already? if still none, start doing DCA.
sr. member
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It's very difficult to answer this question, anything can happen, it can go up, it can fall, it can go sideways... You need to stick to the fundamentals and always buy little by little, once a week is a good strategy.

After all, you still don't know how to swim, why dive into the deep end of the pool? Enter the water little by little, start at the edges, just put your foot in...then go to the shallower parts, learn to swim first for bigger dives.
legendary
Activity: 3234
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Let's use PlanB prediction, the floor price he estimates might be around $49K-$55K and it might cross $532K during bull run. If you ask about the price during halving event, probably went a bit and then we might suffer a little drop.

between $49k-$55k based on STH

Plan B acknowledges that there are error bands in the S2F model, but he believes that the price of Bitcoin will reach $532,000 in 2025.

lol a great way to know not to trust someone is when they say Bitcoin is gonna hit half a million this bull run  Cheesy Cheesy Cheesy Cheesy

Half a million dollars will probably most likely be hit for the first time in 2032 bull run. That's a lot of years away.

Anyway, now way to know what the price will be during the halving, all we can say is a new bull market is starting so in the months to come the price is going to be a lot higher than it is now.

even the last time they predicted B TC to go $100K in 2021 didn't happen. we know now that they are just hyping all these to get more people into crypto market. it's working though and i guess we just need to be part of it and hype this thing to hit that price too. we are all in this together you know.  Grin

if i have to predict how low the price will be is probably the same as they say, maybe around $52k since that's where the support line is. i'm not good at predicting also so i could be wrong.
hero member
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Let's use PlanB prediction, the floor price he estimates might be around $49K-$55K and it might cross $532K during bull run. If you ask about the price during halving event, probably went a bit and then we might suffer a little drop.

between $49k-$55k based on STH

Plan B acknowledges that there are error bands in the S2F model, but he believes that the price of Bitcoin will reach $532,000 in 2025.




lol a great way to know not to trust someone is when they say Bitcoin is gonna hit half a million this bull run  Cheesy Cheesy Cheesy Cheesy

Half a million dollars will probably most likely be hit for the first time in 2032 bull run. That's a lot of years away.





Anyway, now way to know what the price will be during the halving, all we can say is a new bull market is starting so in the months to come the price is going to be a lot higher than it is now.
hero member
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Next month will be Bitcoin halving, how far can the price go down? or how high can the price go up?
That's a good question, The price of BTC will start to go up and make new ATH and break the older ones many times, but if we consider the CPI data and integrate the inflation impact on the BTC price, it says BTC has to cross $77k because today's $77k will be equals to the last cycle's ATh ($69k). So I am considering this time the price of BTC will go higher than $77k. Well, at least that's what I am predicting.

Some people are predicting that the price of BTC might go down after the halving, I was also convinced to such predictions, but as halving is coming near, and I am seeing the real potential of BTC and demand as well, I can say for like %80 that BTC won't go down, but will go up even after the halving. I might be wrong so DYOR and don't take my prediction as guaranteed.
full member
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Well, that's the thing that anyone is not sure about, because there is no specific or 100% prediction on whatthe price of bitcoin will be after the halving, but one thing is for sure: the halving will causeafter the halving, but one thing is for sure: the halving will causeafter the halving, but one thing is for sure: the halving will cause the price of bitcoin to surge even more as many people are buying more bitcoin in preparation for the bull run. Of course, we are still not sure, but as long as we want, we want bitcoin to keep on increasing in price. I know there's still a need balance so we can see and experience price drops or dips, but we can see that as an opportunity to bring bitcoin at a low price. Or we could do DCA for the series of dips when it happens during or after halving. Anyway,  I'm sure all of us are very excited about what the next result of bitcoin will be.
full member
Activity: 658
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how far can the price go down?
The prices may never get as low as we saw them some months ago, those times were very good opportunity to buy and those time may never come again. The prices will go down and present a little opportunity for some people to buy, but the opportunity will never be as good as what was missed.
how high can the price go up?
It is difficult for anybody to give an exact number, but the prices are expected to go high.
legendary
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Let's use PlanB prediction, the floor price he estimates might be around $49K-$55K and it might cross $532K during bull run. If you ask about the price during halving event, probably went a bit and then we might suffer a little drop.

between $49k-$55k based on STH

Plan B acknowledges that there are error bands in the S2F model, but he believes that the price of Bitcoin will reach $532,000 in 2025.

The prediction of planB? For that take it from me, the minimum is $0 and the maximum is $1T per bitcoin for the next cycle. With that prediction I'm sure I'm not wrong and so I don't have to keep rephrasing the theory when the data doesn't match what I predict, like he does. I don't even know how you continue to listen to him.
sr. member
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You really want to find this out? Because I don't, there is no way you can be perfect with the bottom or the top, it's just too much of a worry for me.

Instead I choose to be ready for both sides, have you bought some Bitcoin already? There lord, there was a lot of time to have done this already, the 17k the 15k? No excuse about missing buying the dip unless you are too greedy.

I already have some Bitcoin and I have positioned myself with some USDT, waiting on some possible dump and I will go right in, if it doesn't come then I will ride up with my Bitcoin.

Forget what the price may be, get ready for both.
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