Topic: The bitcoin halving, whales manipulations and its 2020 price valuation (Read 794 times)

Whales do not really manipulate as much as they used to and right now we are seeing what the whaleless bitcoin is doing. The price of it doesn't move because small timers do not have time or money to make it move that much, also there is really no reason for manipulation because they are small timers and thousands of them has to come together to make a manipulation which is an organizational hell and wouldn't happen.

So, I would say that halving caused a lot of whales to scare away, or maybe it was the pandemic that caused it, whatever it was I could say that we are far away from being volatile and that means 2020 price should be something close to what it is today. Of course, that is only if this continues for the rest of the year, if anything changes about that, the price would change accordingly as well.

I'm thinking about that and I cannot picture out on what will be the price if there's no halving came, But luckily we are in this season since provably we are experiencing a dump right now. Halving shed some light of the investors but hopefully this is not the ATH and when year 2021 came we can see a big spikes coming.

But I don't really know if this will happen but let's see.

But of course, there is a bull run for Bitcoin this year already. May be you don't notice it. If with all that the pandemic has done to global economy still keeps Bitcoin above $9,000, don't you think Bitcoin would've surpassed the 2017 ATH by now? Various financial institutions and companies are recording losses, yet we can't say that for Bitcoin. Remember that a few months ago before the pandemic or start of it Bitcoin traded below $4,000. So, what could still be keeping it at the current price of $9k+ if not a bull surge?

It for sure the market will recover.
We've been in the hard times before and even suffered harder than this but still, we are able to recover away from that. And there is no reason why we have to give up and being hopeless this time.
Regarding whale's participation, I believe they are out of this. This is a global market problem and a pandemic effect resulting in the market to fall as all business suffered difficulties in their operation.

Everyone thought there would be a Bitcoin bull market in 2020 and all the indicators and so on. We know whale wants to shakeout as much as they can. And this time the world situation is not good, whales use this panic of the Corona virus to manipulate the market. I hope the market will recover well after halving bitcoin.

Better you are not too worry with them because they cannot moves the market in a short time. They need time to start moves the market, and that will need huge money to move all of the markets. What we need to do right now is take as much profit as we can while the whales are not yet moving, but if they already move, then we could still trying to make the profit. Just calm down first before you decide, or you cannot see the sign to buy at a reasonable price.

There is no whale bigger then the ocean, they all float within it.    BTC has a valid but volatile market most likely, the easiest way to spot a common high or low price is reference to previous action and repeats of patterns.   If many can observe that it becomes a regular trend until a larger influence occurs to disrupt that pattern of buying.   I find thats often repeated so I generally ignore the idea of false buying, we have traders thats normal but not a conspiracy especially.   The biggest danger is exchange corruption or false reporting I think, so long as we dont rely too much on one place.

It probably surprises us for sure. It is all been unpredictable and the market keeps moving despite the crisis that we are facing today. The fight against coronavirus is somehow it takes months and this could be a factor that will affect the market and how halving can help as well. But above all, I'm still optimistic and remain to be positive to see the sunrise out from the darkness.

From now till halving in May is most important time to watch the activity of whales. At whales alert on Twitter I see a lot of buying bitcoin in huge numbers this days and send to unknown wallets. We expect good prices in the days to come but at the same time whales are going to still manipulate prices for better gain for them.

Basically this had put every people into fear by now, since the world was still facing total economic crisis which really affected their finances. We need to understand and be patient at this moment, because cheaper value price is always available by the time huge investors will soon gain back their confidence once crisis will be surpassed.

You should be surprised since this market is always moving on a different path that we should be expecting. But since it is an open market we shouldn't be surprised because either way this market is always unexpected.

I wonder why people aren't buying since the price is a bit cheap but I think some are already buying that's why Bitcoin suddenly hit $7,100 but it doesn't last that long though since it dropped already to $6,800 again.

Im not expecting that much in talks of halving event but this is where everybody is focusing on and do still hope that this event would give out some light on this declining market.

I agree into your sentiment which this isnt the right time for investment but pretty sure that whales did already make their move on accumulating cheap coins when they are still on their lowest low.

We do see atleast some small increase but we know that this market can surprise us anytime.

Halving would bring the price bullish but we don't know when the pandemic will be over, that's the big hindrance and if we like to know the best price to buy, that was when bitcoin dump to $4,000, now it has recovered already but still this price is a good buy.

If bitcoin would at least rise $12k by the end of the year, then this should already bring us good profit.

Well, you should wait and you will see them after this pandemic. The market is a bit sideways you might be surprise if it would start to rise as you didn't expect it. But then again there's no reason for it to suddenly rise since the world is in crisis and people are having a hard time to get the money to move here and there due to the lockdown. Bitcoin halving is fast approaching I wonder what could be the price before and after the halving.

Whales manipulation is about to end soon...I  miss how they play the market through hypes (they are gone already).

Halving event is coming but we we are also in troubled fighting for life and death as coronavirus hits us. Its gonna be a rough year for crypto again. I do hope that halving could help but we'll not expect much for it. I do believe that this gonna be over soon and the market starts to recover but of course, it won't be instant and it takes months.

I am not entirely sure if we will go back to "oh there was halving let me invest" levels all that easily. Sure the pandemic will pass and yes bitcoin price will go up for sure, there is no doubt in my mind that in 2021 we will peak to a higher price for sure. However, people are forgetting that maybe it will not actually go up as much as you imagine it might? Or at least not as quickly as you think it will?

Pandemic may stay around and lock us down to our homes probably for another few months, by this summer it will probably start to get better and when it comes to September-October months we will probably be able to walk around like nothing happened, but even after that for a few months or so people will not suddenly start thinking about investment, they will probably first think about themselves and spend some freely outside then start to think about investments.

Those downfall will lead to a huge buys after the pandemic ends and its good decision to buy now while people are in panic but I'm also doubting to see those things regarding on ATH since we cannot tell on what will be the outcome on future since people are in starting phase again, but there's still a hope since halving still ongoing to come.

It seems to me that today there are a lot of factors that can affect the decrease or increase in cryptocurrency prices.  In any case, today many investors are looking for alternative sources of investment, which is why the cryptocurrency market attracts more and more attention.  In addition, every time a halving is carried out, situations happen in which it is very difficult to track the effect of dividing the reward for miners by half on the price of bitcoin.  In 2016, the cryptocurrency market was influenced by increased investor interest, and in external conditions, the coronavirus pandemic also affects all areas of the financial and economic spheres of human activity.  therefore, it is very difficult to specifically determine the effects of halving if the cryptocurrency market is currently responding to other annoyances.

I would like to see that new ATH soon, yes, people will certainly consider buying crypto it will only rise as adoption increases.
Thanks for sharing the info about google trend, I haven't check it, I only saw how the stocks are down significantly at the moment.

About the pandemic crises, you are right, but during the crises, bitcoin had fallen o $3800 and had increased to $6700. Now, the price of bitcoin is $6300. These are usaul happenings of bitcojn price fluctualtion. The pandemic will not last for long anymore and world will see a way to fight it. People will still think about the halving and invest.

The crises affected the price 80% indirectly, due to panic that the price was fallen. So, bitcoin is not reducing again for now and expect that the people that gain in the last bit I in price fall will still invest to gain again.

About the halving effect on price valuation, I said it can not have significant direct effect, the significant effect will be indirect and will be due to whales maniohlations and retail invesrors investment due to anticipations.

It could be because right now, the price still low, and it seems it's too hard to break $7,000. Perhaps, these situations at the market will continue until the next month before halving or next month after halving. After that, we can hope that bitcoin price can slowly break the high price, and continue to reach the next high price.

It will always a new hope for bitcoin to break another high price, and we need to be patient. We don't know if that is because of the whale's manipulation or not, but one thing that we should know that we need to prepare for anything that can happen during this pandemic and be ready for what will happen with the market.

This is true however, go to google trends and the search term "buy stocks" is actually pretty high. Basically more search interest than in 2008-2009 recession. Even though people aren't working, there are many that got tons of money in their savings accounts and they want to get a good deal.

With bitcoin its no different. Its halving is approaching so less supply and with the fed printing money, there is going to be huge inflation and so makes bitcoin pretty attractive to those new investors. All it would take is some catalyst like breaking 2019 high or breaking the ATH and that would get the retail to flow in.

We are facing a big crisis right now, it's different compared to the past, this is the worst crisis I have experience in my life, people can't operate their business and they can't go to work, the result will be the economic collapse.

One big reason for the pump is the FOMO, with people struggling with their finances, it's hard to expect a bull run at this time.

This year could be different from the other halving because, many people are expecting the price of Bitcoin to go up due to the halving especially when there is a high possibility for Bitcoin to set a new all time high this year or the next. In addition, the current pandemic could support greatly the upcoming rally because, of the impending demand due to the quarantine for the outbreak.

But, as long as the pandemic is still at large, stock markets could still be down making the standing of Bitcoin low and might not break the barrier of $7,000 value next month.

The first bullrun had 100x, second bullrun was 33x and the next bullrun is predicted to be less than 15x. Is there any reason for the fall in the margin of pump at bullrun. I also feel altcoins made more profit in the last run than bitcoin but it could be the first know bullrun with a large number of altcoin, so it makes it difficult to make altcoin prediction in the next bullrun but I feel altcoin will always bring the profit that will attract more fund into the space for the next run

2020 going to be a bit crazy and it showed itself already. We moved from 7k to 10k to 4k to now 6k and we are still going to see the halving and how the people will react to it and of course corona will no longer be a problem one day, we don't know when that will happen but eventually it will happen, all of that combined we have a ton of time to make a lot more movements as well. I can see bitcoin actually going x2 of this price and still going down a bit from that as well.

So, 2020 price valuation is a very tough decision. What I only know for sure is the fact that under 5k is not really sustainable for the long term, so we will not stay under 5k again ever, not saying it will never drop under that because it still could all I am saying is it won't stay there for too long.

There are currently lots of complexities around the value of bitcoin as opposed to during the first two halvings, so it's effect may be veiled and it's impact will not be felt much in the market value.

The most important factor is demand and this is controlled by human emotions and influenced by the situations around them. If the halving triggers a recovery, it could become an attraction to the masses and increase the demand for it, and hence lead to an increase in the price.

The last two halving were very profitable for investors, so I we can understand why people are hyping this coming halving, however, due to the unexpected crisis, I think we will have to break that good percentage of return in the past 2 periods, but I would still be find to see at least an increase this year, 100% would be good enough I guess.

Yep, that is what markets do. They cycle back and forth between "the world is ending" panic selling (2001, 2008) and completely irrational over inflated bull markets (2000, 2007, 2019). These are psychological and emotional cycles. They aren't bounded by fundamentals. That's why it's impossible to predict cycle tops and bottoms. All you can really do is ride the trend and know that eventually the market always reverses.

Many causes of bitcoin dump before plustoken and corona virus can also be one of them, if later we will see how the actual movement of bitcoin will be, we will see a good improvement, but during this pandemic do people still believe in bitcoin even though they will halving in the next month?
But I think crypto is getting a lot of response from the public so that in front of this halving happens the hype will come at the same time proving that the grip of bitcoin will be strong in the future.

One thing is for sure, if not because of the upcoming block halving, Bitcoin would have been in a bad figure right now.
It's true that there was a scam and dump from the plustoken that causes the marker to crash, but the corona virus was seriously causing a trouble in the crypto space as well.
Now, it's up to those who are passionate and believes in Bitcoin to rise and produce a very good profit when everything is back to normal, and the block halving hype kick in.

We can't say that, whales are still in control and they can use their advantage at any situation, whether the market is good or bad as long as the manipulators have the power to do their thing, they can always do that.

For the crypto market it should be normal, but for the stocks, it isn't as stocks are suppose to be more stable than crypto and less volatile, but at this tiem now, it seems like crypto is more stable and we have some good rise in the past few days too.

Whales do not have a manipulation at this stage during the sell time. I mean they had nothing to do with the stock market neither. The world is just in a big ball of fire right now that we are going to end of times, maybe it is not as severe as that but many people think of it like that. I have literally read a news story about a guy who went to his nuke attack bunker type of place with all the things he needs and plans on not going out until all of this is over. A BUNKER, he is that much scared.

Now, when there are people who are actually that much scared from something like this, you can't really expect people to suddenly see this as a normal thing. It means it will take some time to recover and that has nothing to do with whales, it is just human emotions.

This was true one month before but now due to coronavirus things have changed dramatically. I am not sure if halving or other evens would have much impact on bitcoin. Everyone is worried about coronaviurs and they are not interested to buy bitcoins for profits etc. The financial market is fully effected by coronavirus uncertainty.

I am a little surprised by the fact that many cryptocurrency users consider the current drop in Bitcoin prices due to the coronavirus epidemic.  Perhaps in a sense there is a certain decline in prices due to the sale of certain Bitcoin funds associated with panic, but for some reason it seems to me that the connection may lie in the losses of miners, which will become noticeable in the near future.  It should be borne in mind that soon most of the equipment for mining Bitcoin will go to landfill and, in connection with this, the cryptocurrency offers on the market increase. The fact is that over time the requirements for computing equipment for mining bitcoin increase, the equipment on average has a service life of one and a half years.  In addition, for the miner to be more productive and economically justified, in any case, you need to spend money on new, more technological equipment.  In addition, I believe that after sharing the rewards for the miners, two, this problem will be more relevant.

No, I think big whales are not a part of this downfall. The major drop was caused by the corona scare as the lockdowns are still in progress people's can't go out of home and they are selling their asset as they are running out of money, and yes this is obviously the best time to buy bitcoin as the price looks cheap. Hopefully Halving might turn as a turning point for your investment.

Indeed, if we see the privious halving were given a big effect for bitcoin price especially for the second halving i.e 2016 ago, bitcoin price from $700 to $20.000 I can't imagine how exactly it was happened.

And now the halving event will come again behind the pandemic which have given a bad impact for economic situation. Almost economic instrument like stock marker, oil and etc have decreased and in bitcoin price as well.

But I was interested when most of them haven't back to increase it doesn't happened in bitcoin. Because in a few days ago bitcoin was trying to increase again and give new power for all its investor to buy back again. Seem like we will see another all time high again.

By the end of this year I am seeing bitcoin going over 10k again, it is inevitable. Not only because there will be halving, that is one part of the discussion, that will affect the prices and the price of bitcoin will go up because of the halving for sure, it is happening on fifth month as well so that means it will have a lot of months before 2020 ends with halving as well so the price will definitely be affected.

However there is also an economic problem all around the world, there is an uncertainty, everyone is spending more money than they could afford to hoard and stock stuff and there is no business that is totally unaffected by this as well, so we are definitely in a big trouble but this has to end some day, this can't continue forever. Combining halving plus the recovery, price will be above 10k for sure.

I doubt this was a whale manipulation all together, sure there must be a lot of whales and it could be a part of it but we can't say it was 100% purely manipulation. However looking at bitcoin right now, can anyone say that it is not a perfect time to buy bitcoin right now?

Look at it, it has dropped insanely low for now, it is definitely undervalued like hell, the price will go up again just for recovery, it will also go up after halving, it will also continue go up after that, and with inflation of dollar we will see bitcoin going super high, when stock markets get a fresh money out of government that will make bitcoin even higher. So, as you can see there are tons of reasons how bitcoin could go up. All in all I think this is the greatest time in 2020 to buy bitcoin.

Bitcoin price will not be high in a short time, but it will increase step by step. We don't know when bitcoin price will be high, but if we have bitcoin from now on, and suddenly bitcoin price can jump to the higher price, then that will be a good time for us to sell the bitcoin. Otherwise, we will be too late to sell bitcoin at the highest price. The bitcoin price itself will not always increase higher every day, but it will go up and down every day, and in between that day, we will see the highest price.

The stock markets haven't even bounced yet. The SPX last closed 0.35% above the yearly lows.

Meanwhile, BTC just bounced from $3,850 to $7K. That's a massive 81% bounce, unheard of in the global markets right now! You seem to be downplaying the magnitude of BTC's recovery.

I just wish the stock market would follow.

The halving will not impact bitcoin this time, as bitcoin was captured by paper speculation, and is now just another asset in their big casino, like gold and silver. It was a currency, then a store of value, and now is only for speculation. Its quite sad to see it ending like this. And worse, none of the other crypto "currencies" can be used in its place, as the entire system was built around it.

Now every time a crisis happens within fiat systems, bitcoin will be the first to go down, and it will go lower than anything else. Whereas when there is a recovery in the fiat system, bitcoin will go up slower and rise less than the other assets, as the recent recovery from the crashes showed up. Really, 6k? You must be kiding me, this is no recovery and it just proves what I said once more.

I think Bitcoin will be very expensive and go higher every day

I don't understand how someone could make this much research into bitcoin and do not realize that bitcoin requires more and more money when it is going up.

When you go from 1k to 2k it doesn't require as much money as it requires when moving from 10k to 11k and when you are moving bitcoin from 1k to 2k you are 100% profiting while spending less money whereas when you are moving 10k to 11k you are moving 10% while spending more money. It is probably one of the reasons why it will be halving so difficult next time.

Plus, we also know that bitcoin could have difficulty going down while some people closing their machines, if almost all machines stop in the world we could have bitcoin at 500 dollars and still profitable because difficulty is all time low, not going to happen obviously but we can still be 6k and make profit if enough machines stop, so the price doesn't have to go up.

yet, we can't draw any conclusion that Bitcoin halving have a positive effect on the market at this time. Maybe we could say that we have some market inclines due to halving but it also may be because of some price manipulation. This year is full of market drama just like whales manipulation, coronavirus effect, and this halving.

If we could just rely on the previous halving, we can think that there is a possible exponential market growth but something looks different at this time.  
Anyway, that all be unpredictable...only we could have to observe what will happen months after halving as usually, pumps may occur base on its halving history.  

The price of Bitcoin is not often exposed to the pump due to halving.
I believe that halving can well raise the price in a zone of a neutral situation, but not now.
A global crisis has begun in the world, but not everyone is aware of it. Also, do not lose sight of a pandemic.
At this time, even halving does not make a pump.

As for the short rise in price you mentioned, it only happened in 2012 halving. In 2016 halving, the price rose but not shortly at all. 2012 halving cause the sharp rise while whales and investors capital caused the 2016 price rise. Also, this year prices rise can only be caused by whales and investors. Halving is now only having indirect effect.

As for the prices momentum, halving has never generated only hype alone before, it also generate price rise momentum. We do not know what this year halving hold though, but buying cryptocurrencies  at these time when it is still cheap will be profitable as the halving can also indirectly make people to invest on cryptocurrencies.

I believe that you're right, but I thought that with this coming halving the price would goes up because everyone is optmistic and slowly buying day by day, but after this crash, the only hope here is for the long term, we can forget the price rising due to the halving, unfortunately we'll miss this opportunity

The Covid-19, how governments react to it, the isolation and other fundamental factors that affect the whole market are certainly related to the recent nosedive. People are afraid and anxious, so any 'experimental' asset is going to get ditched and they turn into a more trusted investment like gold.

But in times like this, you can find opportunity to buy something cheap. If you catch the bottom then you'll be in profits. Hopefully, we'll be lucky.

With the market data that we currently have on all the halvings that passed, it's surprising that people still believe that price appreciation happens during and shortly after the halving, when in fact those price actions happen before and long after the halving itself. The current situation of bitcoin is also affected by a global pandemic, with people pulling out aome of their investments to use for supplies and/or whatnot. We already had a nice increase a few weeks ago, and may not see one like that again for a few months. Why the market behaves as such, we don't know, but the fact is already there: the halving only generates hype but fails to generate price momentum.

Some people will see this dump as devastating because of their investment others will see it as blessing in disguise, if you look at the present condition of the market you would be discourage but if you already understand how the market work, then this is an opportunity to buy good coin at cheap price, because after every dump, the price definitely comes back up, and going by what the above post is saying about btc statistics, then hopefully we can see a price spike in the upcoming months.
No need to panic sell.

The bitcoin price will definitely rise as we approach the halving but because of this virus we might only get back to $9,000 or something. If the virus hadn’t happened then it would have gone higher.

This time next year though we could see a new ATH & all this nonsense will be forgotten. 

just the following day and that is now,we go down harder and falling more than 20% so means what you said comes reality mate and this is another different halving experience from the past.
and another correct word because now down trend starts and waiting for the upward Movement.


again lets use this to make another investing pricing $5000 level now,chance to buy more.

Bitcoin already reacted.The BTC price went down from 10K USD to 8K USD.If the crisis continues,the price will go down,but we shouldn't care about that.The most important question is what will happen after the coronarecession is gone and the prices recover.Will they recover slowly or rapidly?
The "What will happen with the BTC price after halving?" question has been discussed thousands of times on the forum for the past several years.
Your conclusions aren't very different from the conclusions of many forum members before you.There's nothing new and original in your research.

the halving rise is only the rise that happens about 1-2 months prior to halving. the rest is the natural rises due to adoption. and the fact that we don't see a gigantic rise in that short period of time and instead see a big rise is because market is maturing more and as the order books become more packed with orders it becomes increasingly difficult to jump up (or similarly to crash down).

for example the 2012 rise you are talking about was from $2.2 to $15 but it was followed immediately by a dump to $2.5 which is pretty much where it started from. why? because it was easy to manipulate and also the order book thinness!
fast forward to next halving, the rise was from $420 to $778 and then it dropped back down to $580.
as a result comparison of the two halvings are like this:
1st in 2012: rise= 581% drop= -83%
2nd in 2016: rise= 85% drop= -25%
i don't know about this but i call this market maturity as it becomes harder and now impossible to pump and dump bitcoin. that means we should see a much more reasonable rise for this halving and finish it up with a logical small correction. and then get back on track of the natural rise like always.

we can only speculate for now because the condition of the world economy is uncertain right now

but as long as we pay attention this Bitcoin is decentralized and not influenced by the outside world such as politics and crises. indeed at this time, the entire investment market such as stocks and commodities are crashing because of the Corona issue but I think that such a thing will not affect Bitcoin.

Yeah, there is a kind of mixed feeling on the expectant 2020 Bitcoin halving. For me, I see the situation like the August 2017 Bitcoin fork. The tension was palpable and the market almost froze before the appointed time. But the whole thing changed positively as soon as the fork was over and Bitcoin became volatile once again and went into an ATH. I expect such to play out during this halving.

No, the price increase in the first halving than the second halving.

The initial price before 2012 halving was $11 and increased to over $1100
That is 100x increase.

Before 2016 halving, the bicoin price was around $700 and increase to $19,665.36
That is 33x increase.

No only adoption increase the price in 2012 to 2013, halving significanly increase the price but the effect of halving decrease in 2016/2017 price increase in which adoption really helped to increase the price as investors increase in number.

And I also said in the write up that the main reason the bull price increase can be effective this time is because of whales manipulation and investors that will invest on bitcoin.

So, we are still on the same page.


If you check the coinmarketcap link

https://coinmarketcap.com/currencies/bitcoin/

Check the market cap

You will see that the market cap of bitcoin is not up to $6 billion in certain times in 2016

In 2013, the market cap was not up to $4 billion dollars which shows that halving effect is the real cause if the price increase in 2012 halving. Unlike 2016/2017 bull run that was mostly cause by increased rate of investment of bitcoin by investors. Halving too has its but not like the previous halving.

So, halving effect is diminishing and investment effect is the what we can hope in to significantly increase bitcoin price. All is said in my write up above.

there are a couple of thing here that i can not agree with.
first of all halving has never been the reason for any of the rises that were cited here. all halving event itself does is a short term hype that has always faded away just as fast as it came along. the main reason for all the rises has always been adoption and nothing else. if price goes up in a certain period of time compared to others that means the adoption in that period of time has been bigger. and price went up a lot more during second halving compared to the first one exactly because of this reason and to see that you should compare the bigger pictures not just zoomed in versions!

secondly i am convinced that currently a lot of effort is going into keeping bitcoin price down. to the point that this may be the new version of the war against bitcoin from all those who have been feeling petrifyingly threatened by bitcoin for whatever reason!

imagine what would the headlines looked liked if they said "bitcoin is rising while the stock market crashes badly". enough said....

On the other hand, perhaps if things get too bad, it will lead to Bitcoin rising as a safe heaven. I don't think that COVID-19 can be the primary cause of the world economic crisis, even if we take into account its serious impact. However, it can be the trigger of the economic crisis that was bound to happen somewhere around 2020 anyway. So if things get bad, it's natural to expect that Bitcoin will move down along with everything else. However, as it actually doesn't depend on what's going on with the world economy because of being decentralized and limited in supply, it might be something in which people start pouring their investments to save them, and it can totally work.

You are right about the corona virus crises. Crypto, stock, crude oil and many other markets were affected. And the main reason linked to the declination is the corona virus but there will be other reasons too not yet said.

On January 2, 2020, bitcoin and other cryptocurrencies price started to increase but later reduced by 6% as the virus start to infection people in China. But, bitcoin later increased to $10,500 from a price above $8000 but below $9000 st the time. The virus spread but the cryptocurrencies  were later increasing. But later at the end of February till this time, the crypto market has been suffering losses till now. Even, if whale also manipulate around this time, converting bitcoin to stable coin, and good trades that have noticed the effect also converting to a stable coins, just in preparation for halving. This can be possible too.

It is linked to corona virus but analysts can not be 100% correct and are very wrong at times in price prediction.
 

You are right from your point. But from my explanation, the halving effect, whales manipulations and retail investors anticipation investment capital will make the price to rise. I also said that this effect would likely begin in April, a month to halving as it occurred in 2016 halving. I mean a month to halving the price starts to increase.

In 2012, the price rose to $1100 but later declined to $700. But, 2016 halving resulted in a bull market. So, regardless of what is going on now, the whales will manipulate, investors will invest and the price will increase. Later, people that fomo will invest too to increase the price future till a certain month in 2021.

This is just a prediction but reasons make us positive to invest.

There is something different now in this halving
There is a world crisis going on. We don't know how will bitcoin react, if the crisis will get worse by the time of the halving....

Maybe things need to settle down before any big bitcoin upward movement

Based from your explanation, it could somehow be true and statistics never lie. But of course the price now currently is pushing down. Well of course factors of these are very broad such as the corona virus which really affect the market. Im not saying your prediction is vague but you did some point on what tou explained. But remember, the word Volatile it can trigger something we really dont expect.

As far as early January this year, the market is boosted with such surge and fomoing due to halving but unexpected event came in and we are now experiencing a continuous downfall. April is near and Im not optimistic of even breaking 10k this month due to massive issues that were facing set aside those technical analyst that has become professional during bearish sentiment. They gotta say new prediction for this, Im sure.

Introduction
Bitcoin in history has halved two times, the first was in November, 2012 and the second was in July, 2016. In 2012 (the first halving), bitcoin rose from $11 to over $1000, which is cleared that halving is the main cause of this price increase. It is also altered by demand but the price increase start not long from the halving day when people did not yet anticipate for halving because it was the first one. So, the effect of retail investors will not be much.
Later, the price of bitcoin trended down to below $250, this was maintained before the 2016 halving. After the second halving, the bitcoin price rose to around $700 and was fluctuating around this price for months before the price just started to increase and rich the all time high of $19,665.36 on December 17, 2017.

Before the first halving in 2012, the mining reward was 50 btc and this greatly caused 10,500,000 btc to be mine before the first mining. The supply was too much and the price was not really increasing because of this, but, though increased because of demand for btc.
After the first halving in 2012, the mining reward decreased to 25 btc.
And after the 2016 halving, there were only 5,250,000 btc remaining to be mined. The mining reward decreased to 12.5
Before the next halving in this year in May, 2020, only 2,625,000 btc will be remaind to be mined.


First halving, 2012
Initial price: $11
Highest prices:  around 1100
That means it increased 100x


Second halving, 2016
Initial price: around and below $700
Highest price: all time all of $19,665.36
That means it increased over 33x


The 2012 halving effect and the less demand compared to 2016/2017 demand
We should noticed something, that the price increase more in 2012 halving than in 2016 halving in percentage but there were more demand after 2016 halving.

What could cause this?
Is it cause by whales manipulation or retail investors?
It is cause by the halving effect?
Two main facrors can cause the price of bitcoin to increase There could be other factors but the two main factors are halving effect and increased demand.

This is my opinion. In 2012, people did not invest on bitcoin more like after 2016 halving. This is because most people did not know what effect halving can cause and also the people that know about bitcoin as at 2012 were not much like 2016 to 2017. So, the bitcoin halving will have effect than people that invested on bitcoin, anticipating for halving. So there is no much increase in bitcoin market cap at this time if compared to 2016-2017.

2016 halving, the lone whale and the retail invesrors
Although, halving effect has effect and increase the price during the great bull run in 2016/2017 because the supply that were cut. But, in relation to the market cap, it is clear that investors invested greatly. So, the halving effect was effective but not effective like the 2012 halving. The price increase was greatly caused by investors.

The lone whale/whale manipulations
It was found in a research that around half of the bitcoin valuation around March 2017 to March 2018 was cause by trades between a stable currency (tether) and bitcoin. The trades were claimed to be cause by a single individual. Even if not a single person that caused it, it is evident that there are whales involved in the manipulations.

The retail investors
As said above that whales manipulation accounted for almost half but not all of the investment capital. Also, retail investors like us that hold and that trade for bitcoin also increase the market cap and this increase the price of bitcoin.
As said above, the price of btc increased in the second halving more because of the whales and people that invested on bitcoin. Not like 2012 halving that is grestly invmcreased by halving.

So, now, what can be the fate of bitcoin valuation in 2020.
As I explained above, we know that there are only 21 million btc, before the next halving in May, 2020, only 2,625,000 btc will be left and this has been linked above that the more the amount to be minded is reducing, the less will be the effect of halving. And I used the 2012 and 2016 having to explain.

one senior cryptocurrency industry executive says in this year that unforseen event will make cryptocurrencies  like bitcoin to rich all time high. Bitcoin is the most valuable cryptocurrency and we know they are talking mostly about it.

So, What can be the unforseen event?
In my opinion. The halving effect itself can not increase the price significantly but mildly. The whales and the retail investors will be the one to pump money into bitcoin investment. Whales will manipulate and retail investors will also invest. Lastly, do not forget about those that fomo (fear of missing out), they will greatly invest on bitcoin and the price of bitcoin will increase. Let us expect this effect to begin in April, a month before bitcoin will halve.
This is just my opinion, we do not know actually if the price will increase but with my analyses, I am 90% certain that the price of bitcoin will increase in 2020 and the increase may still continue till a certain month in 2021.

Conclusion
Although, 2012/2013 bitcoin bull run was greatly cause by bitcoin halving but the effect of this on bitcoin price is drastically reducing as nearly all bitcoin are mined. But the whales manipulations and retail investor capitals is replacing the halving effect which is seen as the indirect halving effect to increase bitcoin price in 2020. So, as of this year, 2020, bitcoin bull run will occur and will last till a certain month in 2021.


These links are very helpful while writing this articles

https://coinmarketcap.com/currencies/bitcoin/
https://www.forbes.com/sites/billybambrough/2020/02/08/bitcoin-smashes-through-10000-as-bull-run-suddenly-acceleratesheres-why/#2b8a6e5636de
https://www.forbes.com/sites/billybambrough/2020/02/09/this-bitcoin-bull-run-is-extremely-different-to-2017s-epic-rally/#7c5a6f7e49c1
https://thenextweb.com/hardfork/2019/11/04/a-single-cryptocurrency-whale-caused-bitcoins-2017-bull-run-research-claims/


You may find these helpful
https://coinswitch.co/news/bitcoin-price-prediction-2020-2025-latest-btc-price-prediction-bitcoin-news-update
https://www.bitdegree.org/tutorials/bitcoin-price-prediction-2020/
https://coinrivet.com/how-profitable-will-bitcoin-be-in-2020/