New ATH after halving? - page 4. | Bitcointalksearch.org

jhonjhon

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Quote from: Little Mouse on April 29, 2020, 09:50:30 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?

The stability status of the market makes no way to think that it will really be happening again.
2016 never holds anything, the market change all the time and we bond to that change. Bullish ain't gonna happening before halving or even days/weeks after but it was mostly be seeing almost a year after the event. But then, we can't expect that it goes like that all the way because changes come all the time and a lot of factors that could affect it.

sana54210

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By 2021 we will be living in a situation where the world is trying to get better, leave the virus behind, get everything better, people actually loving the new halving because there is less printed bitcoin everyday, miners are having a hard time because they are making less so they want to sell for more, and maybe even eth 2.0 that will have proof of stake.

So, 2021 looks like a prime year for all crypto to go up, maybe not at the same time, maybe out of nowhere when least expected, but I assume there will be a new increase that will blow everyone's minds. However let's not make this 20k price point a big deal anymore, it is not easy to bring something from 10k to 20k, just because that is an 100% increase doesn't mean its equal to going from 4k to 8k, those are very very different two increases.

The Sceptical Chymist

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Quote from: Little Mouse on April 29, 2020, 09:50:30 PM

Will we see 10000 above within this week and new ATH soon?

Man, I didn't even think bitcoin had a chance of hitting $10k at any point this year--but seeing as how it briefly exceeded $9k in the past 24 hours, I'm starting to have doubts about my doubts. And I have to admit, I'm frequently wrong when I start thinking along the lines of "there's no chance bitcoin can do X this [month/year/ever]". The market has surprised me more times than I care to count.

I don't know about whether bitcoin's going to hit $10k this week, but it's certainly possible. Whether that price level can be sustained for longer than a week or a month remains to be seen if it does get there.

ReiMomo

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ATH is either possible or not possible for BTC price is still unpredictable experts may foresee pump or dump but not ATH. During this time of the pandemic, the only definite is uncertainty even on bitcoin's price though there was an ATH in 2016 halving that will not give assurance that it will also happen today. It will be better to focus on whatever we have right now and think a little about the things that have no concrete proof or speculation like the AHT because it might disappoint us if the AHT will happen. Anyway, the current price of bitcoin is not bad at all but we still need to be prepare and always ready since the pandemic is not over yet.

buwaytress

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Quote from: Little Mouse on April 30, 2020, 09:39:21 PM

Quote from: buwaytress on April 30, 2020, 04:15:52 AM

but maybe halving is too psychologically difficult to resist.

Everywhere in crypto community, newbie to older members are talking about halving and its affect on price pump. Such a trend can easily create a FOMO you know. I have seen some buying pressure on my local crypto group too.

Yeah, it's certainly a lot more discussed than the 2016 halving, which I was around for. Weeks and months went by and nobody really mentioned it. When it came, some people celebrated (halving parties) but really it was quickly forgotten.

But now. Telegram. Slack. Gambling chats. People all buzzing about it, can't imagine what 2024 halving's going to sound like!

Naida_BR

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I think that we are going to see the price going up but I didn't think that this is going to happen so soon.
After the halving event we are going to go near the ATH and in the end of the season we are going to probably break it.

Free1bitco.in

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Quote from: Little Mouse on April 29, 2020, 09:50:30 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?

for the new ATH, it's still not certain, because until now the price of bitcoin can't even exceed the price of $ 10,000. besides, it's quite difficult to expect the price of bitcoin to exceed $ 10000 this week. I think that the price of bitcoin will only be in the range of $ 8000 to $ 9000 this week. most likely the price of $ 10,000 will be seen when the price of the pump returns.

Janation

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I think we will not be seeing an ATH this month.

I am not saying that this would not happen this year but there is this possibility that it would not happen because also of the pandemic that we are experiencing right now. I guess there would be a good price movement after the halving but I guess it would stay there for a while and I think the ATH would happen months after.

Bezobraznike

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Quote from: lienfaye on May 01, 2020, 05:06:29 AM

Quote from: Little Mouse on April 29, 2020, 09:50:30 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?

The sudden pump that happened gave investors the impression of bull run though its too early to assume it. We are now in the positive side maybe because of the halving thats why investors are accumulating. Well anything can happen for the price so reaching $10k is possible but better to not have high hopes because everything is uncertain here.

Lienfave I agree with you about not having high hopes, it's better to be reasonable, in that case we can't
end up disappointed. I believe in new ATH, but somehow I don't feel it will happen this year, we have to wait
longer, to be more patient.
Little mouse 2016 was 4 years ago, now we are in 2020. Many things are different, and I think we can't expect
totally same thing to happen again.

lienfaye

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Quote from: Little Mouse on April 29, 2020, 09:50:30 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?

The sudden pump that happened gave investors the impression of bull run though its too early to assume it. We are now in the positive side maybe because of the halving thats why investors are accumulating. Well anything can happen for the price so reaching $10k is possible but better to not have high hopes because everything is uncertain here.

El duderino_

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Quote from: Little Mouse on April 29, 2020, 09:50:30 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?

The idea would indeed be to see a new ATH somewhere after the halving... at some point....

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Quote from: Smitty Werben Man Jensen on May 01, 2020, 03:08:59 AM

Quote from: Little Mouse on April 29, 2020, 09:50:30 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?

All Time High can be achieved but not in 2020. I still believe that can happen, the minimum possibility this year is $ 10000- $ 13000,
and be careful the whales can accumulate at $ 3000- $ 4000

Let's see, I'm hoping we will at least end with a good price even if there is no ATH yet, slowly but surely, I think that's what we want to see as that way the market would be stable for the eyes of the many and they will starting invest with a little hesitation.

maydna

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Quote from: Little Mouse on April 29, 2020, 09:50:30 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 already see bitcoin reach $9,300 so I am sure that the bitcoin price will get $10k, but I am not sure if the price will be an increase in this week or not. But I think the new ATH will be more than $20k because the bitcoin will get close to the halving, and that can make the price can increase so high. After bitcoin price down yesterday, I hope the price can back to above $9k in this month until the halving time, so after the halving, the price will have a chance to start a rally to the new highest price.

It is no problem if the price cannot reach $20k after halving because we still have much time this year to see the price will rise higher. So we can be patient at this moment because of the price still at a low price than yesterday.

Smitty Werben Man Jensen

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Quote from: Little Mouse on April 29, 2020, 09:50:30 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?

All Time High can be achieved but not in 2020. I still believe that can happen, the minimum possibility this year is $ 10000- $ 13000,
and be careful the whales can accumulate at $ 3000- $ 4000

Wexnident

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I wouldn't say immediately though. If we were to talk about past records then ATH records of BTC after halvings often occurs after 12 months of the halvings itself ( around there anw ). History pretty much have said that there would be a steady increase from after the halving to the following months and at the very least, it won't go down the price on the halving itself. However, there are of course uncertainties in the possible movements and we wouldn't really be able to assume that the exact same increase would happen, but at the very least, a new ATH should happen by 2021.

As for the recent pump, in addition to halving FOMO you could also say that it was because the price was way below what BTC should be. A lot of fear was sent when it went down to $4k but seeing as the market has slowly recovered, you could say that a lot of traders started going back realizing that the fear they felt back then was really nothing but themselves.

Wilhelm

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The halving has always been the bottom of the logarithmic curve.
This means that the current price is approximately the lowest it will be in the future.
When bitcoin pumps it will go somewhere between 300% and 2000% of todays price in about 2 years, if history repeats itself.

P.S. I've not taken the time to verify the percentages so see them as balls-park figures Grin

davis196

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Quote from: Little Mouse on April 29, 2020, 09:50:30 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?

Yesterday,the BTC price went to 9,4K USD,now it's 8,7K USD.I don't know what caused this short term price pump,but it's definitely not the BTC halving.Probably some crypto whales bought BTC or some crypto exchange platform moved funds from altcoins to BTC,but I can't tell that this price pump happened due to the
halving,due to the stimulus checks or maybe due to many countries trying to reduce lockdowns.
I still believe the 2017 Bitcoin price ATH will not be reached soon.

Oasisman

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Quote from: pealr12 on May 01, 2020, 12:09:16 AM

Quote from: Little Mouse on April 29, 2020, 09:50:30 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?

History will repeat itself.

That's not guaranteed though. We are in a different situation right now. Though people are following the trend that much, but there are several circumstances where the market sentiments could be changed. One of the major factor is the whales. When these whales decides to dump Bitcoin after the halving, people would also rush to sell for sure. If you noticed, everytime Bitcoin hits the resistance level, people starts selling and causes the price to pull back a bit.
Anyway, Bitcoin is still in a good figure and there's still a good chance to break the $10,000 level anytime in these coming days.

pealr12

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Quote from: Little Mouse on April 29, 2020, 09:50:30 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?

im sure btc will pass 10,000$ again but new ATH, maybe by next year. Just like what happened last halving were btc rose up by the end of the year 2016 till the 1st month of 2017. History will repeat itself.

pooya87

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Quote from: leyton11 on April 30, 2020, 10:09:07 PM

It's really hard for its price to rise sharply without any adjustment. The price hike is so fast that its price in the future will drop more sharply than ever. Let the market grow slowly but surely. rising too fast is not a good sign. Halving is about to come, but it will take time to grow in line with supply and demand. A sharp increase is only a form of fomo and it is never recommended.

that's true but when the price drops sharply it has to also rise back up fast and big to "correct" that fault. and we had a very sharp drop recently in case it was forgotten! and price has still not gone back to where it was before that sharp drop meaning close to $10k and trying to break it. so it has to go back there first before we can start calling it a "sharp rise" and discuss whether it is good or bad.

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