New ATH after halving? | Bitcointalksearch.org

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Quote from: onrise on May 09, 2020, 09:32:28 AM

It has touched 10k levels and now trading at 9700$ and to me it will continue to rise in coming time too.

prepare your shield not to let the pump become a major disaster:

Quote from: onrise on May 09, 2020, 09:32:28 AM

I was just looking at the graph and found that previously twice we had halving and 1 year from halving the market has given significant rise like couple of hundred % rise and this could just signify that we can still experience a decent rise form here too.

in the past it was easier for people to buy bitcoin just because they read some good news. today things are very different and with the current scenario everything has become worse, the increase it has had in the last few weeks may have been thanks to the manipulation of whales that now that are already making a profit they are selling

Quote from: bitgolden on May 10, 2020, 04:38:15 AM

It all depends on how it reacts towards the halving honestly and that will decide if it will be another ATH or it will be nothing even remotely close. There is two options in my mind, one of them includes maybe ATH but definitely going up, its halving after all and I am sure there will be some increases because there is a lack of bitcoin being sold on the market and that creates some scarcity.

The other possibility is that people have bought bitcoin a lot recently and they are seeing how it is doing right now and when they see that halving doesn't suddenly make the price go up magically, they will realize that they bought on false pretenses and they will start selling and that will cause the price to drop like crazy. That is at least what I am considering as two options.

you forgot the whales

bitgolden

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It all depends on how it reacts towards the halving honestly and that will decide if it will be another ATH or it will be nothing even remotely close. There is two options in my mind, one of them includes maybe ATH but definitely going up, its halving after all and I am sure there will be some increases because there is a lack of bitcoin being sold on the market and that creates some scarcity.

The other possibility is that people have bought bitcoin a lot recently and they are seeing how it is doing right now and when they see that halving doesn't suddenly make the price go up magically, they will realize that they bought on false pretenses and they will start selling and that will cause the price to drop like crazy. That is at least what I am considering as two options.

onrise

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Quote from: ?? on ??

so far, the price of bitcoin is not very stable at $ 10k, and the price is still in the range of $ 9k to $ 10k. if bitcoin price movements after halving really increase, and have the potential to reach a new ATH, then it might happen later this year, or in 2021.

Recently, we have crossed the value of 9000$ which seems to be very bullish on the current price, but after halving there is chance for Bitcoin price. If it manages to stay at the current value, then we might see the new ATH by the end of the year. In crypto, anything is possible and we have to prepare for it.

It has touched 10k levels and now trading at 9700$ and to me it will continue to rise in coming time too. I was just looking at the graph and found that previously twice we had halving and 1 year from halving the market has given significant rise like couple of hundred % rise and this could just signify that we can still experience a decent rise form here too.

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Quote from: Little Mouse on April 29, 2020, 10:50:30 PM

Before 2016 halving, the price went up a total of 50% and this time, when btc is getting closed to the halving, we saw this sudden price pump. During 2016, there was a little uncertainty from China, while we have now the pandemic. What do you think? Will we see 10000 above within this week and new ATH soon?

On some exchanges, Bitcoin reached 10,000 already but in CMC it didn't reached that price and the highest is at around 9996 USD.

Right now there are many uncertainties in the market and with this pandemic that is happening right now, the price movement of Bitcoin is somewhat unpredictable. If we will compare what happened in the past 2 halvings, the price of Bitcoin went sideways and then months after it went up and created a parabolic wave followed by a huge dump afterwards.

Right now it can happen again after the halving but my prediction is there is a post-dump that will happen after halving. Maybe weeks of months after halving is that there is a dump on Bitcoin since the 10,000 acts as a very strong psychological support right now and it is very hard to maintain since many investors who are holding Bitcoin will probably sell at that price.

Japinat

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Quote from: ?? on ??

so far, the price of bitcoin is not very stable at $ 10k, and the price is still in the range of $ 9k to $ 10k. if bitcoin price movements after halving really increase, and have the potential to reach a new ATH, then it might happen later this year, or in 2021.

Not stable but from where bitcoin is standing now, it's already a good price and we can say it has completely recovered from the last dump.
Bitcoin dump below $4,000 right? and here we are now, bitcoin has reached $10K and now trading at over $9k, I think that's big enough to say that bitcoin has pump and I know people are expecting that the pump will continue after halving, so hopefully it would happen.

Oasisman

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Quote from: Kelvinid on May 08, 2020, 06:43:05 PM

Quote from: Little Mouse on April 29, 2020, 10:50:30 PM

Before 2016 halving, the price went up a total of 50% and this time, when btc is getting closed to the halving, we saw this sudden price pump. During 2016, there was a little uncertainty from China, while we have now the pandemic. What do you think? Will we see 10000 above within this week and new ATH soon?

We haven't made it for just a week after you posted but it can possible within this month. In fact, we very at the close, $9.9k...a few more days we can surpass it if the momentum will continue. But I really feel the confidence and gonna broke that $10k barrier but the question is if we are able to sustain it as the pandemic continues. The market is performing great at this time even we are in the health crisis but to be honest, I do not really have the confidence that we can have more pumps during halving.

We have like less than 5 days before the halving, and lets round it up Bitcoin just hit $10,000 already. What makes the price pull down a bit after hitting the resistance level is because of the short traders and quick sellers, the pandemic only has a minimal effect on the current Bitcoin price.
Now, if we're talking about the pump or the bulls during the halving, It might not be possible since the people get used to a huge pump after a few months from the halving.

Kelvinid

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Quote from: Little Mouse on April 29, 2020, 10:50:30 PM

Before 2016 halving, the price went up a total of 50% and this time, when btc is getting closed to the halving, we saw this sudden price pump. During 2016, there was a little uncertainty from China, while we have now the pandemic. What do you think? Will we see 10000 above within this week and new ATH soon?

We haven't made it for just a week after you posted but it can possible within this month. In fact, we very at the close, $9.9k...a few more days we can surpass it if the momentum will continue. But I really feel the confidence and gonna broke that $10k barrier but the question is if we are able to sustain it as the pandemic continues. The market is performing great at this time even we are in the health crisis but to be honest, I do not really have the confidence that we can have more pumps during halving.

stomachgrowls

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Quote from: Distinctin on May 08, 2020, 05:33:26 PM

Quote from: Findingnemo on May 08, 2020, 12:37:58 PM

We already reached 10K and few days remaining for the halving event, now the speculations are happening about the dump on the market and there is a possibility as well but thee cryptocurrencies move in the unexpected ways most of the time so we may expect a price surge even after the halving as well but towards ends of this year we have some positive adoption rate in the market which will bring the prices to next resistance level.

We only have two either it continues to move high or market correction will follow. But it was more on the positive side knowing that the past two halvings as an inclining market price after the event 6months onwards and that possibility has been kept. But of course, we can't be of a hundred percent that the market turns like that because of having a lot of factors that could change the chain.
Only we have now is just a hope, as all know that we can't see the real happening in the coming days, not even we show a strong resistance today will also have to see in the next 6 months. Things have to change.

Everything would either have some change or would definitely go in the same track just like on previous years.Im not a holder or some sort and when the time where the price hits up on 10k levels then i did basically sell off my position and securing profits in short span basis.

Incase if there would be some post-halving correction then thats the time i would consider on making a re-entry on buying on a cheaper price. Rinse and repeat and it doesnt really need to stress you out on what would be the future looks like.It would be much worth if you do just target out profits in short term basis.

In talking about the ATH then it would be good to see if we break 20k barrier but pretty sure that it would still takes time to reach that point.

Distinctin

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Quote from: Findingnemo on May 08, 2020, 12:37:58 PM

We already reached 10K and few days remaining for the halving event, now the speculations are happening about the dump on the market and there is a possibility as well but thee cryptocurrencies move in the unexpected ways most of the time so we may expect a price surge even after the halving as well but towards ends of this year we have some positive adoption rate in the market which will bring the prices to next resistance level.

We only have two either it continues to move high or market correction will follow. But it was more on the positive side knowing that the past two halvings as an inclining market price after the event 6months onwards and that possibility has been kept. But of course, we can't be of a hundred percent that the market turns like that because of having a lot of factors that could change the chain.
Only we have now is just a hope, as all know that we can't see the real happening in the coming days, not even we show a strong resistance today will also have to see in the next 6 months. Things have to change.

TheGreatPython

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Quote from: penetrak on May 08, 2020, 10:40:30 AM

It's just like you say, before splitting a block from 12.5 btc in half, there's always madness and people are buying for a lower price. I don't think bitcoin drops after splitting, somehow sharply. I think we'll wait a little longer for ATH.

That is the thing about the all time high, just because we believe that there will be a pump and there will be an increase, which means we are all bull about the price, doesn't mean that price will go over 2x in price. Right now it is around $9.9k and that is fine, x2 of that is about 20k, that is all time high, sure it is quite close.

So, we are talking about bull versus all time high, I do not believe bitcoin will drop, I think it will go up, I think 12-14k levels are realistic after the halving, but all time high is just way too much right now. Plus it is not even about x2, we dropped to 4-5k just recently and already did x2 if you look at the right places, but moving from 4.5k to 9k is different x2 compared to going from 9k to 18k, those are very different.

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We already reached 10K and few days remaining for the halving event, now the speculations are happening about the dump on the market and there is a possibility as well but thee cryptocurrencies move in the unexpected ways most of the time so we may expect a price surge even after the halving as well but towards ends of this year we have some positive adoption rate in the market which will bring the prices to next resistance level.

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Quote from: penetrak on May 08, 2020, 10:40:30 AM

It's just like you say, before splitting a block from 12.5 btc in half, there's always madness and people are buying for a lower price. I don't think bitcoin drops after splitting, somehow sharply. I think we'll wait a little longer for ATH.

We're very close. $10K is a hand reach away. The madness and the boredom in lockdown made this all crazy. If the new ATH really will go up to $50,000 as some speculators had said, I wouldn't commit the same mistake I did the last time the bulls are here.

Do you think there will be a correction after the halving?

penetrak

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It's just like you say, before splitting a block from 12.5 btc in half, there's always madness and people are buying for a lower price. I don't think bitcoin drops after splitting, somehow sharply. I think we'll wait a little longer for ATH.

michellee

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Quote from: Fundamentals Of on May 07, 2020, 11:22:23 PM

$10,000 is within easier reach now. It will only take a very little step at less than $100, probably a few minutes, and we have already conquered that juicy 5-digit $10,000 once again. $10,000 is nothing now, we can consider it achieved. Let's see how the selling pressure on that price will force a correction though.

This is not yet the bull run that is brought by the halving. The stronger bull run will happen months after the event takes place so the last months of this year or the first months of 2021 will determine whether the halving effect is enough to create a new ATH.

I think it is not easy as we see that if bitcoin price reaches the highest price now, it will be back to the lower price. You already see that the price can increase at $9,991 or even the price reach $10k, it will go down again. We are still not fully reach $10k because if we reach $10k, the price will not go down back to $9k level. Even if the price is down, it will be back to $10, and what we see now is the bitcoin price still search for another good moment to lift the price.

freedomgo

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Quote from: Fundamentals Of on May 07, 2020, 11:22:23 PM

$10,000 is within easier reach now. It will only take a very little step at less than $100, probably a few minutes, and we have already conquered that juicy 5-digit $10,000 once again. $10,000 is nothing now, we can consider it achieved. Let's see how the selling pressure on that price will force a correction though.

In Binance bitcoin has already reached $10,000 in the last 24 hours, if you can check, their 24 hours high is $10, 067

https://www.binance.com/en/trade/BTC_USDT

Quote from: Fundamentals Of on May 07, 2020, 11:22:23 PM

This is not yet the bull run that is brought by the halving. The stronger bull run will happen months after the event takes place so the last months of this year or the first months of 2021 will determine whether the halving effect is enough to create a new ATH.

We have different interpretation on what we are seeing now, some would say it's a bull run and some it's not yet, while even some said it's a bull run.
We will see if we are correct or wrong but as long as many believe that the market is bullish, then it's good for us.

Fundamentals Of

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Quote from: Oasisman on May 07, 2020, 06:15:13 AM

Quote from: Fundamentals Of on May 07, 2020, 05:23:37 AM

Quote from: Little Mouse on April 29, 2020, 10:50:30 PM

Before 2016 halving, the price went up a total of 50% and this time, when btc is getting closed to the halving, we saw this sudden price pump. During 2016, there was a little uncertainty from China, while we have now the pandemic. What do you think? Will we see 10000 above within this week and new ATH soon?

If that new ATH will come after halving, it will most probably be arriving next year and not within this current one. The halving effect will take time to trickle down into the consciousness of many. But that $10,000 is a rather easy target. It might even arrive well before the halving take place.

That's what most likely to happen. Since Bitcoin is drawing closer to that figure who is currently trading at $9,300 atm.
Judging on the market movements from the last 48hrs, It seems that $10,000 is indeed an easy figure to reach. While usually bullrun will happen after a year from the halving, that resembles the past 2 halvings. I guess that's gonna be the trend every 4 years.

$10,000 is within easier reach now. It will only take a very little step at less than $100, probably a few minutes, and we have already conquered that juicy 5-digit $10,000 once again. $10,000 is nothing now, we can consider it achieved. Let's see how the selling pressure on that price will force a correction though.

This is not yet the bull run that is brought by the halving. The stronger bull run will happen months after the event takes place so the last months of this year or the first months of 2021 will determine whether the halving effect is enough to create a new ATH.

ethereumhunter

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After waiting for a long time, finally, we see bitcoin price can be back to $9k level, and that make us happy although it is for a while. Soon, we hope that the price can back to $10k, and it would reach another highest price when the halving is finished. If you want to make a profit, better you prepare and be ready for the moment because if you are late, you will not make a profit like other people. If the price cannot increase so high, then that will be no problem because we still have another day to see it will come to us.

Questat

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Quote from: fortunecrypto on May 07, 2020, 06:50:13 AM

Quote from: Little Mouse on April 29, 2020, 10:50:30 PM

Before 2016 halving, the price went up a total of 50% and this time, when btc is getting closed to the halving, we saw this sudden price pump. During 2016, there was a little uncertainty from China, while we have now the pandemic. What do you think? Will we see 10000 above within this week and new ATH soon?

I'm definite that we will have another all time high, all the signs are all here, the market is stable and even in the midst of pandemic they manage to move, I'm not giving any price prediction, I'm ok if we have another all time high like $20 k before the end of the year, as long as we have a new milestone in price I will be satisfied.

We all want to see that price but not all of us believe it's gonna happen this year.
The market maybe quite bullish right now but it doesn't mean it will create an ATH, the market is not yet stable and there's a possibility that it will dump again.

No one can tell about the future because in the first place bitcoin is very unpredictable, we are just hoping here but my call for this year, there is no ATH but only a significant improvement of the market.

fortunecrypto

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Quote from: Little Mouse on April 29, 2020, 10:50:30 PM

Before 2016 halving, the price went up a total of 50% and this time, when btc is getting closed to the halving, we saw this sudden price pump. During 2016, there was a little uncertainty from China, while we have now the pandemic. What do you think? Will we see 10000 above within this week and new ATH soon?

I'm definite that we will have another all time high, all the signs are all here, the market is stable and even in the midst of pandemic they manage to move, I'm not giving any price prediction, I'm ok if we have another all time high like $20 k before the end of the year, as long as we have a new milestone in price I will be satisfied.

shoreno

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Quote from: Oasisman on May 07, 2020, 06:15:13 AM

Quote from: Fundamentals Of on May 07, 2020, 05:23:37 AM

Quote from: Little Mouse on April 29, 2020, 10:50:30 PM

Before 2016 halving, the price went up a total of 50% and this time, when btc is getting closed to the halving, we saw this sudden price pump. During 2016, there was a little uncertainty from China, while we have now the pandemic. What do you think? Will we see 10000 above within this week and new ATH soon?

If that new ATH will come after halving, it will most probably be arriving next year and not within this current one. The halving effect will take time to trickle down into the consciousness of many. But that $10,000 is a rather easy target. It might even arrive well before the halving take place.

That's what most likely to happen. Since Bitcoin is drawing closer to that figure who is currently trading at $9,300 atm.
Judging on the market movements from the last 48hrs, It seems that $10,000 is indeed an easy figure to reach. While usually bullrun will happen after a year from the halving, that resembles the past 2 halvings. I guess that's gonna be the trend every 4 years.

thats strange lol . the effects takes along time to happen but who needs the halving effect when right now the price is already rising ? even if its not a bull run , well atleast many of us cryptoers are still getting a benefit from this small rise . waiting for too long to happen and also unsure to happen is something that sucks . we all know that people here always wants easy money . anyway , i find the past halving cool because i see that china was also involved and now china is at it again .

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