New ATH after halving? | Bitcointalksearch.org

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Quote from: onrise on May 09, 2020, 08:32:28 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, 08:32:28 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, 03:38:15 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

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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, 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?

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.

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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, 05:43:05 PM

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 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.

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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 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, 04:33:26 PM

Quote from: Findingnemo on May 08, 2020, 11:37:58 AM

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.

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Quote from: Findingnemo on May 08, 2020, 11:37:58 AM

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, 09:40:30 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.

bittraffic

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Quote from: penetrak on May 08, 2020, 09:40:30 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.

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Quote from: Fundamentals Of on May 07, 2020, 10:22:23 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.

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Quote from: Fundamentals Of on May 07, 2020, 10:22:23 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, 10:22:23 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, 05:15:13 AM

Quote from: Fundamentals Of on May 07, 2020, 04:23:37 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?

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, 05:50:13 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?

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, 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?

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.

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Quote from: Oasisman on May 07, 2020, 05:15:13 AM

Quote from: Fundamentals Of on May 07, 2020, 04:23:37 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?

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 .

Yaunfitda

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Quote from: El duderino_ on May 01, 2020, 04:57:17 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 idea would indeed be to see a new ATH somewhere after the halving... at some point....

Yes, that's what halving supposed to do in the market, make bitcoin more demanding resulting in the price increase. It might takes years to do that, but the point is that eventually, at some point, we might see new all-time-high.

I think our goal is to get first to 5 five before the halving and see how it goes. Maybe weeks or months after, we will start to see the price grows and then new all time high after a couple of years.

Oasisman

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Quote from: Fundamentals Of on May 07, 2020, 04:23:37 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?

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.

Fundamentals Of

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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?

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.

ElmedoRator

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There are still days before the halving of Bitcoin, and I still believe that the price will reach $ 10,000 before halving happens. The current price has gone up to $ 9300 and we only need a small pump, surely it will be achieved. But for ATH this year, it's hard for it to happen because we're in a pandemic just like you said. As long as the market did not collapse, it was a great success

Free1bitco.in

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Quote from: bittraffic on May 06, 2020, 02:49:27 PM

The world will realize the crypto market keeps going while the rest of the markets are crippled. Once people including the regular people who are ambitious enough to take a bite of the pie from bitcoin, BTC will rise because of halving. Though it may take years if not months before reaching the 20K it would be worth the wait which I believe all of us are going to wait.

we will see that. at this time, we should wait, because, in the near future, the price of bitcoin will reach halving. this will stimulate price movements and is likely to exceed $ 10k. however, we are still quite far from the new ATH, but it still has potential.

Questat

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Quote from: dunfida on May 06, 2020, 06:42:53 PM

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?

10k is realistic rather than reaching that previous ATH.It will still takes time and no one can point out on when it would happen.Yeah, we can
refer back into the past but doesnt mean that it would surely happen into the future.Important thing here is to see the market recovers
after such correction in 20k back to 3k.

Its great to see a new ATH but im not hoping that much because basing of on how the market moves for several years after the previous halving then its
hard to tell that we would have the same movement as before.

I am hoping for ATH and I believe it will be achieve, but not this year though.

yes, we will soon reach $10,000, bitcoin is now trading at $9300 and remember that is from $4,000 this year, it has pump over 100% already and if that bullish little run will continue, $10,000 is just a very easy price to achieve, and remember bitcoin has been very surprising, so we never know what's coming ahead, let's be ready and just hope for a bullish market.

dunfida

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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?

10k is realistic rather than reaching that previous ATH.It will still takes time and no one can point out on when it would happen.Yeah, we can
refer back into the past but doesnt mean that it would surely happen into the future.Important thing here is to see the market recovers
after such correction in 20k back to 3k.

Its great to see a new ATH but im not hoping that much because basing of on how the market moves for several years after the previous halving then its
hard to tell that we would have the same movement as before.

bittraffic

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The world will realize the crypto market keeps going while the rest of the markets are crippled. Once people including the regular people who are ambitious enough to take a bite of the pie from bitcoin, BTC will rise because of halving. Though it may take years if not months before reaching the 20K it would be worth the wait which I believe all of us are going to wait.

tbterryboy

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All time high is not really something we should focus on like it is a cap. Right now the price is around 8 to 9k and moves around that, if we double that down this year that would mean a lot, that would mean that during the first 6-7 months of bitcoin halving we are going to get a lot of profits and that is only the 2020 part of it, move that to 2021 and we are going to get even higher.

So, just because all time high is 20k that doesn't mean anything, you got yourself both 15k which would be a great increase, but you also have 30k which could be possible, all of that are stuff we need without really considering what is all time high and why 20k is important. Back in the day 1400 was all time high and we passed above that on a boring Tuesday, it doesn't really mean anything when you get the price to a new level.

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Quote from: Harriti on April 30, 2020, 12:45:14 AM

But this bull run is hard to create a new ATH, because the value of bitcoin is now quite high and the general economy is affected by the disease. we can only expect it to increase to $ 15k which is already too good.

The surprises of the bitcoin bullrun will always be there, ask those that bought less than $40. Most early investors cant predict this present price. They were surprised by the adoption and price pump. Altcoin brought more approval and fund to bitcoin. Bitcoin had more of the coin pair trade which is big factor for traded volume so also is the factor of have a high amount of stable coin. This high volume tells how funds flow from altcoin to bitcoin, where-bye giving possibility of reaching a higher price.

SpanishSoldier

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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?

Historically, ATH happens one year after halving.

To be specific, 2013 ATH came 368 days after halving in 2012. 2017 ATH came 525 days after halving in 2016.

So, if the trend continues, next ATH will be in 2022.

7788bitcoin

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Quote from: carlisle1 on May 06, 2020, 12:30:31 PM

I think that it’s better for us to just leave the expectation for a while and focus in finding another coins to invest with.

Quote from: carlisle1 on May 06, 2020, 12:30:31 PM

Just buy bitcoin and keep for the rest of this year because the effect of this halving may take year before we can felt it.

Both of your statements are really contradicting, why would you look for another coin when you know that bitcoin will rally, the time it takes is not a factor, if bitcoin does not rally then none of the coins in the market will move forward, that been said the price right now is really promising as the price is above $9 k which i did not expect considering the economic trouble we are 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?

10,000 is near to achieve as we got back to above 9,000 today but the problem is the New ATH when we only a week away before the Halving.
I think that it’s better for us to just leave the expectation for a while and focus in finding another coins to invest with.

Quote from: sandra_x on May 06, 2020, 07:40:03 AM

It is not very likely we see a significant rise in the value of bitcoin in the shprt term as regard the halving. Price surge is usually occur in the weeks running to the halving date, the initial momentum seemed to have waned, we may even see a drop in price. We await the long term effect, that is more realistic

Looking at the significance is truly the situation now,there are so many expectations this time but none are even closer to reality.
Just buy bitcoin and keep for the rest of this year because the effect of this halving may take year before we can felt it.

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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?

Bitcoin surpassing $ 10k in more than a week is impossible. There have been too many fomo people on bitcoin halving and there will be a correction in the next few days. times before halving bitcoin ended, its price plummeted before growing to a certain extent. This week it could drop sharply to the $ 8k5 and $ 8k3 ranges. It's a strong support zone and there will be quite a lot of people waiting to buy at that price.

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It is not very likely we see a significant rise in the value of bitcoin in the shprt term as regard the halving. Price surge is usually occur in the weeks running to the halving date, the initial momentum seemed to have waned, we may even see a drop in price. We await the long term effect, that is more realistic

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Quote from: OrangeII on May 06, 2020, 01:09:19 AM

for now, I feel that in the near future, prices could be above the $ 10k price. maybe around $ 13k to $ 14k if halving really brings a positive trend. however, there are still some doubts as to the new ATH. but, if there is a possibility of achieving a new ATH, then it could have happened in 2021.

Remember, last bitcoin halving happened in 2016 but the exact bull run came in 2021 about 1.5 years after the halving. So if history repeats itself we can see the ATH in 2021 which is not far away. But i have one doubt that this covid-19 may ruin or delay the bull run.

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Quote from: Smitty Werben Man Jensen on May 05, 2020, 07:52:46 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?

yeah hopefully history can be repeated again this year, but it is not easy for now, many people already have Bitcoin and there must be more demand, we all know that Bitcoin has 21 million only, and there are still people who save in large amounts, price manipulation can happen at any time

When everyone is looking for the All time high after halving , do you think we will reach the All time high soon after halving. I doubt so. I think bitcoin may dump very fast just after the halving making people panic and sell in loss. After that we may see another rally which may take bitcoins to new ATH. This whole process may take 6 months to an year.

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for now, I feel that in the near future, prices could be above the $ 10k price. maybe around $ 13k to $ 14k if halving really brings a positive trend. however, there are still some doubts as to the new ATH. but, if there is a possibility of achieving a new ATH, then it could have happened in 2021.

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Very possible to cross the 10k level before the halving or after someday of halving. The price is really very stable near the 8888 levels. So it's not much big to touch 10k from here. Btc tried several times recently to touch 10 k $. Maybe it will touch in further tries. But maybe we should not expect all things like previous. We can see also a different scene at this time.

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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?

It is difficult to say now. Because it is not yet known which way the market will go after halving. There is still a long way to go to ATH. Because now the whole world is in a situation of fear. Every country in the world is facing economic losses. The amount of thinking about investing and trading has decreased. Everyone is more worried about their lives now. So that’s one of the main reasons that would prevent Bitcoin going to Ath now, I think. But I hope the real run will come when this situation improves.

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Quote from: DonFacundo on May 02, 2020, 09:23:56 AM

As you can see the price of bitcoin is already increasing while we are in pandemic so possible bitcoin could hit $10,000 after the halving.

The price is really not swinging much though we had send some rise lately in btc and this would happen considering halving in coming time. Hopefully the price continues to rise upwards slowly and steadily so that the fall does be the major one and this could help btc be in a certain range. Hoping the price to rebound to 10k levels in coming time.

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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?

Technically bitcoin could increase to $10.000 because now it has a support around $8800 which I think that is very close to $10.000. Also if we use trend line in time frame 1 day $10.000 is really possible to be reached. But we haven't reach it yet, bitcoin's price is more volatile right now. Hopefully it can be reached before halving event happened and I will believe it since bitcoin's price has increased in a few days ago even when this pandemic still spreading in most countries.

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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?

yeah hopefully history can be repeated again this year, but it is not easy for now, many people already have Bitcoin and there must be more demand, we all know that Bitcoin has 21 million only, and there are still people who save in large amounts, price manipulation can happen at any time

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Quote from: freedomgo on May 05, 2020, 04:59:46 AM

Quote from: CryptopreneurBrainboss on May 05, 2020, 04:28:37 AM

I don't see a FOMO yet, what we saw that the market is already bullish for me there's no FOMO yet.
We haven't even crossed $10,000 and people have a big expectation on the coming halving, I guess we will not achieve the success in the past this time around.

When the market is bullish what happens next? those that weren't fortunate to buy before the bull market or that procrastinated, FOMO into the market to benefit from the profit. So technically when there's a bull market, you'll see FOMO which also contribute to the price skyrocketing. Since you acknowledge that people are "having high expectations for the coming halving" which will obviously result to them buying into bitcoin, it simply means FOMO.

FOMO can easily be identifed when there's an abnormal spike in price of any tradable asset/commodity. Can't be certain but I think bitcoin experience something similar with it's $1000 price gain few days ago.

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Quote from: freedomgo on May 05, 2020, 04:59:46 AM

Quote from: CryptopreneurBrainboss on May 05, 2020, 04:28:37 AM

Now regarding the new all time high of 2020, the market still has some potential in it, the FOMO isn't over yet, I have early suggested that the price is likely going to touch the price range of $11k - $12k and I'm still standing on my early predictions. For now, we just have to get enough support to breakdown that resistance level at $9500 and we'll be on another wave of upward price movement until another resistant level is met.

I don't see a FOMO yet, what we saw that the market is already bullish for me there's no FOMO yet.
We haven't even crossed $10,000 and people have a big expectation on the coming halving, I guess we will not achieve the success in the past this time around.

Too early to judge the market by just looking at the current global crisis as one of the biggest factor that could disappoint a lot of optimistic investors in crypto space.
Remember, the past halving bulls happened after almost a year. We still have a lot of time to wait for the next Bitcoin move. We haven't even reached the 630,000 block yet.
The 2017 ATH wasn't even expected by a the vast majority.

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Quote from: TheEconomists on May 05, 2020, 05:20:26 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?

We may not be able to compared the halving of 2016 to this year because one, the global demand for Bitcoin as of this year cannot in any way be compared to that 2016 where there are so many ICO's project all over and the year with a global pandemic pushing the global market on a downward trend. One can't roll out a new ATH because anything can happen at any time in this market.

Anything can happen in crypto market but if the market didnt experience surge in price that mean the block halving failed because halving was a strategy created for inflation control in bitcoin market. Although, the bullrun may not be enough as expected but the market will certainly experience bull run when the time is right.

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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 may not be able to compared the halving of 2016 to this year because one, the global demand for Bitcoin as of this year cannot in any way be compared to that 2016 where there are so many ICO's project all over and the year with a global pandemic pushing the global market on a downward trend. One can't roll out a new ATH because anything can happen at any time in this market.

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Quote from: CryptopreneurBrainboss on May 05, 2020, 04:28:37 AM

Now regarding the new all time high of 2020, the market still has some potential in it, the FOMO isn't over yet, I have early suggested that the price is likely going to touch the price range of $11k - $12k and I'm still standing on my early predictions. For now, we just have to get enough support to breakdown that resistance level at $9500 and we'll be on another wave of upward price movement until another resistant level is met.

I don't see a FOMO yet, what we saw that the market is already bullish for me there's no FOMO yet.
We haven't even crossed $10,000 and people have a big expectation on the coming halving, I guess we will not achieve the success in the past this time around.

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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?

If by new all time high (ATH), you're judging based on the last all time high of approximately $19,500 in 2017 then I don't think we should be that optimistic at the moment considering there are many factors against bitcoin currently most especially the pandemic causing fear all over the world. The last time bitcoin skyrocketed that high it did have some support especially as new money were flowing into the industry from institutional Investors and the average investors interested in the mouthwatering profit the industry was delivery due to the ICO era.

Now regarding the new all time high of 2020, the market still has some potential in it, the FOMO isn't over yet, I have early suggested that the price is likely going to touch the price range of $11k - $12k and I'm still standing on my early predictions. For now, we just have to get enough support to breakdown that resistance level at $9500 and we'll be on another wave of upward price movement until another resistant level is met.

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Quote from: CryptoYar on May 02, 2020, 03:47:59 PM

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?

I don't think so because the virus has ruined the economy of the whole world. Yes if it was not Pandemic then it could have been. I think the reason for not going down bitcoin is the legalization of bitcoin in India, Otherwise, the price of bitcoin could also go down.
Bitcoin can achieve 10000 very soon after Pandemic is over

I'm also expecting that also since the virus hits so hard the countries around the world for now there are so many jobless people and businesses are still closed so provably there are people are just holding up their money for their own welfare and investments are not their main plan yet for now so we should expect that we might not see the same halving effect before and let's settle for less since this is the effect of the current global upset.

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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?

A lot of people are really expecting for bitcoin halving will happen this year of 2020, and i saw some article about it that they are expecting bitcoin halving will occur in May 18, 2020.

Quote

The next bitcoin halving is expected to occur in the week commencing 18 May 2020, when the number of blocks hits 630,000. It will see the block reward fall from 12.5 to 6.25 bitcoins. The exact date of the halving is not yet known as the time taken to generate new blocks varies, with the network averaging one block every ten minutes.

Source:

Code:

https://www.ig.com/en/bitcoin-btc/bitcoin-halving

As the article says, the exact date is not yet known but they truly believe that halving will occur in May. I also think the new ATH will come after halving because a lot of people will be waiting for bitcoin to reach $20,000 again because they really wanted to experience it again, even it takes a while.

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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?

I don't think so because the virus has ruined the economy of the whole world. Yes if it was not Pandemic then it could have been. I think the reason for not going down bitcoin is the legalization of bitcoin in India, Otherwise, the price of bitcoin could also go down.
Bitcoin can achieve 10000 very soon after Pandemic is over

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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?

There are several prediction which stated that bitcoin will touch $10.000 before halving event. In this situation, when bitcoin price is always up day by day I think that reasonable price to be reached. We will see bitcoin price touch it, I'm sure with that. Also there are some prediction as well that this pandemic is help bitcoin alwasy up. Can you imagine with a lot of people just stay at home and they didn't do anything whilst they need money to meet daily life they will find another solution to resolve it and I think they choose bitcoin as a solution.

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As you can see the price of bitcoin is already increasing while we are in pandemic so possible bitcoin could hit $10,000 after the halving.

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Quote from: adaseb on May 02, 2020, 12:26:56 AM

Yes we might get a new ATH after the halving however it might not be anytime soon. I don't think we will hit ATH anywhere in 2020, there is just too much depression out in the markets and the world. We might get close to $10K or maybe even a little higher around the halving but I don't think we will get a parabolic rally to a new ATH anytime soon.

I read a report about a vaccine and the earliest if there is progress is sometime in 2021, and life and economy won't be back to normal until then. So sure we had a bearish March and Bullish April, however there is almost another year to go and its difficult to predict where we will be then. Hence lets not get too ahead of ourselves.

After 2017, it became very difficult to predict anything on the cryptocurrency market in general, and therefore any forecasts may be erroneous. and especially considering the fact that the impact of quarantine and isolation of most countries on their economies will still make itself felt in the future. One way or another, the virus caused irreparable damage to the financial condition of each person, and not just business, and we will fix the problems for a long time to come. But since the virus will really affect the world order, I have an assumption that people will look at the cryptocurrency in a new and serious way, and this will be a turning point for the entire cryptocurrency market. since the economy is in poor condition, we cannot avoid inflation, which the government, as always, will use for its own good, and therefore it is Bitcoin that could save the situation for everyone.

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Yes we might get a new ATH after the halving however it might not be anytime soon. I don't think we will hit ATH anywhere in 2020, there is just too much depression out in the markets and the world. We might get close to $10K or maybe even a little higher around the halving but I don't think we will get a parabolic rally to a new ATH anytime soon.

I read a report about a vaccine and the earliest if there is progress is sometime in 2021, and life and economy won't be back to normal until then. So sure we had a bearish March and Bullish April, however there is almost another year to go and its difficult to predict where we will be then. Hence lets not get too ahead of ourselves.

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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 will always depend to the big investors if they are going to push forward the bitcoin price because if they are going to do it then there is a big chance that we can hit a new ATH again after the halving. If we will be below 10k$ once the bitcoin halving occurs then the possibility to shift the season to bull is 50/50 because it's either a big pump after the halving or a big dump.

But let's just hope that we can shift to bull season after the halving so we can expect a big pump and for the new ATH to occur, this halving is very important knowing that we are facing a pandemic right now.

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

What do you think? Will we see 10000 above within this week and new ATH soon?

I am not thinking of a $10,000 but it seems bitcoin has been bullish lately, it pumped to over $9k already, and just a little pump it could reach to $10,000 before the halving. It's going to happen soon, maybe more or less a week and that makes people excited, so the hype is still here.

Although I am not sure what's gonna happen in post halving but what we are seeing now is more important, and we will just watch and see of the future.
At least we got to see some pump right now despite the fact that there is a global crisis.

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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.

Sometimes FUDs too can increase the price and we have experienced it in several occasions, halving is like a bonus on crypto market that's the reason this topic occurs most of the times. The thing is it's a kind of excitement that people expect only pump in halving because in the last two halvings we have only seen a positive response, similarly people want to know the current halving price and everyone just give their opinion that's it..

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Quote from: jhonjhon on May 01, 2020, 05:35:11 PM

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.

You were right since the market is open and too volatile there's always the uncertainty whether Bitcoin could pass even at $10,000 within this week but I think it wouldn't touch $10k this week since after Bitcoin touched $9k it just suddenly goes down to $8k again. Just don't expect a bullish market after the halving because that's not how the market goes.

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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.

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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.

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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.

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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.

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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!

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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.

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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.

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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.

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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.

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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.

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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.

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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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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?

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.

Little Mouse

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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.

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Quote from: Baofeng on April 30, 2020, 06:58:26 PM

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 just had a minor correction, so I guess if we are going to hit $10k, then we will have to wait. We have touch at least $9400 but quickly fell off to $8700-$8800 so I guess that will be the support for now and we don't know if the bulls are exhausted or FOMO has slowed down. Or maybe some long positions got liquidated above $9k. We still have 11 days to go before the halving, I'm expecting another wild and bumpy ride, we might see some major re-test before a leg up to $10k. Take note as well that we ended this month very strong.

11 days is very long when we are talking about crypto market. A lot of things will happen and more than likely we will see a lot of ups and downs before this halving day. But I'm pretty positive that we will see good price for bitcoin. But I don't think we will reach a new ATH, which means, more than 20k here. $10k actually is already a good value, but reaching above $20k is hard to accomplish based on my opinion. But who knows, everything is possible. That's why it will be interesting to know what will happen to btc price after halving.

Baofeng

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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 just had a minor correction, so I guess if we are going to hit $10k, then we will have to wait. We have touch at least $9400 but quickly fell off to $8700-$8800 so I guess that will be the support for now and we don't know if the bulls are exhausted or FOMO has slowed down. Or maybe some long positions got liquidated above $9k. We still have 11 days to go before the halving, I'm expecting another wild and bumpy ride, we might see some major re-test before a leg up to $10k. Take note as well that we ended this month very strong.

dunfida

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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?

Nothing is assured when in talks on future prices.We can checked out the history itself but it doesnt mean that it would happen the same thing on this upcoming halving.
5 digit price is good but im not really expecting too much that we would break out that previous ATH and make a new one.Too early to say but hopefully we would reach
up those heights after all the years we've been holding.We only have few days left and we would able to see if there would be price actions on that time or would
just wait and see after some months after or even a year, no one really knows.

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Quote from: monineklutak on April 30, 2020, 10:40:50 AM

there will definitely be a time to be able to touch All Time High again, like Bitcoin SV has touched All Time High this year,
but for Bitcoin I think All Time High will occur in 2021 or 2022

The reason for the rally in SV was because of fake news and social media bumping that the real Satoshi was indeed CSW and it was just a clear manipulation and once the market found out the lies it went down like shit Cheesy

. If you are looking for rallies that can be trusted just look at the bitcoin market and not with other monikers who stole the bitcoin identify.

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there will definitely be a time to be able to touch All Time High again, like Bitcoin SV has touched All Time High this year,
but for Bitcoin I think All Time High will occur in 2021 or 2022

boyptc

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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?

It can be on that price within this week but always be open with the possibilities that there can be some minor/major pull backs.

The important price that we have to stay tune is after the halving.

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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 will see $10000 sooner or latter. But for sure before end of the year. I dont think new ATH will come that fast. Most likely not this year. To be totally sure about me saying NO to new ATH this year we will have to wait few more months to see how will covid-19 recession evolve. If things will go very worse then impossible.

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I'm not particularly excited any time Bitcoin crosses the divide from 9k to 10k. Seems to be rather easy to do without volume, and I suspect we could be seeing the same again -- unless the Tone Vays and multiple other people are right and we see a retracement for more dip buying. Gotta admit seems the more logical way to turn for Bitcoin, but maybe halving is too psychologically difficult to resist.

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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?

Hard to say, but it could be possible. We don't know if above $10k will coming within this week but maybe in the next week because we are in the weekend now. So we can expect the price to stable at a price now, and then the price will start to increase more in the next week, which will give us another chance to make a profit. But you should be careful because the price can dump anytime after its increase until the price now.

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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?

before halving, it always increases and after halving it will decrease for 1-2 months, then pump. That's all I read in the historical bitcoin halving database. And I believe this time too, last night bitcoin increased by more than 1300 points and this reminds us that the downtrend has been broken. Investors' sentiment is optimistic again after a strong sell-off of the whales. But this bull run is hard to create a new ATH, because the value of bitcoin is now quite high and the general economy is affected by the disease. we can only expect it to increase to $ 15k which is already too good.

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Seeing the rapid development of bitcoin prices today, I am pretty sure that the price of bitcoin can reach more than $ 10k. however, the price is now approaching $ 9500. however, don't rush into speculation. we know that at present, world conditions are not conducive to various kinds of business, and so is crypto. as long as the pandemic still exists, I think expecting a new ATH is still quite difficult for now.

pooya87

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there is always some "uncertainty" in the market no matter what is going on and the rise always comes no matter what because the demand for bitcoin is constantly increasing even though there is a lot of FUD and manipulation trying to keep it from growing.

this time however we have the benefit of price being very undervalued when the rise is starting. it is like a spring that was compressed a lot and now it is being released all of a sudden so we can easily expect a very big jump.
but i still don't expect ATH right away, that still takes a much longer time.

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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?

Topic: New ATH after halving? (Read 630 times)