Pages:
Author

Topic: What are we expecting from now until Bitcoin halving? - page 2. (Read 523 times)

member
Activity: 966
Merit: 25
Ton Together | Save Smart & Win Big
As far as I know, according to history, Bitcoin's halving did not directly increase its price at that time, but roughly a year later. You can check from here https://cryptoslate.com/comparing-bitcoin-halving-cycles-whens-the-price-top-due-this-time-around/, for example. You can see this. Here is a summary of the approximate timeframes when Bitcoin reached its all-time high (ATH) price after each halving:

- First halving: November 28, 2012

Bitcoin reached its ATH on November 29, 2013, which was approximately 367 days after the halving.

- Second halving: July 9, 2016

Bitcoin reached its ATH on December 17, 2017, which was approximately 527 days after the halving.

- Third halving: May 11, 2020

Bitcoin reached its ATH on November 10, 2021, which was approximately 609 days after the halving.


Uhm, before the bull run, I think there will be a major crash first as a chance for whales to accumulate their bags.
hero member
Activity: 3024
Merit: 745
🌀 Cosmic Casino
Just wondering how everyone feels the next 11 months will go until the Bitcoin halving?
Let the months come and see it for yourself. Nobody knows how it will go because trends could change but the after-effect of halving is known to the most and that's gonna make Bitcoin's price reach another price ceiling aka all-time high.

I am counting down the months now looking forward to my first bull run next year and curious.
Enjoy the ride and it's for sure will be worth it.

Are we expecting any more major crashes or should the markets start steadily rising in a few months or so
If it's with a major crash, comparing it with the 4-year cycle then that crash should have been done already last year. And in preparation of the halving, the market should go steadily go up in a slow manner.

or will that not happen till the end of 2023?
But then, as there's always the unexpected that comes to the market. Just allow anything to flow and come and see the greatness of it with your very first halving and bull run soon.
hero member
Activity: 770
Merit: 538
Leading Crypto Sports Betting & Casino Platform
Atleast you actually have an idea to sell some of your coins, with what have I seen so far from replies of most users here in the forum so people tend to actually hold their coins till infinity and its really awkward because we actually invest to get profits so we can use this profits but some folks just have this notion that touching your investment is actually a crime and a bitcoin investment is meant for just holding till God knows when. About the halving I am to stay optimistic about this because with my learning since I have been hear I have notice that the bull run after the halving is just a mere speculation and no one actually knows for sure if the price is going to have a price hike.

You are right about this, some people have held Bitcoin in their wallets for like five to six years now, and their ballance has not yet changed since then. I may not be actually correct, but I think some of those persons have lost access to their wallet, and also some of them who have held Bitcoin in their wallet but have not sold it till date, since in the past six or more years, they definitely have quite a lot of things that are generating income for them; they don't only live on their Bitcoin investment, and they don't want to feel concerned about anything related to their holding. I still remember when one of the old members in this forum said that he could only be tempted to sell just a bit of their holding if they saw Bitcoin jump to $100k and above at that moment. So, a lot of them are still deciding when they wish to sell their Bitcoin. For myself, I just know that after a bull market comes a bear market, and it gives me the opportunity to sell during a bull market and buy back during a bear market. Let me just keep it that way.
sr. member
Activity: 840
Merit: 373
Just wondering how everyone feels the next 11 months will go until the Bitcoin halving?

I am counting down the months now looking forward to my first bull run next year and curious.

Are we expecting any more major crashes or should the markets start steadily rising in a few months or so or will that not happen till the end of 2023?
The bitcoin halving will indeed occur in 2024, because it has become a bitcoin four-year cycle. But if you count 11 more months until the bitcoin halving, I highly doubt it. Because no one knows for sure, in what month will the bitcoin halving occur. whether it's early next year, or late next year. Everything is still secret, and we can only do analysis and generate speculation about when the bitcoin halving will occur. But don't think about it too much, because all that is certain to happen. The most important thing now is that we have to maximize the opportunities that exist to be able to buy more bitcoins, when the market price is down. Because even though experts have predicted that the bitcoin halving will occur in April. But no one knows what month the maximum price increase will occur.
So now we must always be prepared, until the maximum price of bitcoin occurs in the upcoming halving.
hero member
Activity: 644
Merit: 520
Leading Crypto Sports Betting & Casino Platform
I am counting down the months now looking forward to my first bull run next year and curious.

Are we expecting any more major crashes or should the markets start steadily rising in a few months or so or will that not happen till the end of 2023?

It's possible that we can see more downturns in the Bitcoin price before the next year's halving. judging by price movement before the last halving took place in 2021, the bull market did not just come immediately after the last halving, so definitely it might still take the same dimensions this time around. Since a lot of Bitcoiners are putting much hope on the next halving, let's not forget that even when the price drops, it's really creating an opportunity to accumulate more, but some people always see it as a disadvantage to their investment already. DCA is really a good strategy I have used to accumulate Bitcoin, and I hope I can have at least a handful of Bitcoin before the next halving, so that if there is a tempting price to sell when the bull market comes, I can just sell off a bit of my Bitcoin holding.
Atleast you actually have an idea to sell some of your coins, with what have I seen so far from replies of most users here in the forum so people tend to actually hold their coins till infinity and its really awkward because we actually invest to get profits so we can use this profits but some folks just have this notion that touching your investment is actually a crime and a bitcoin investment is meant for just holding till God knows when. About the halving I am to stay optimistic about this because with my learning since I have been hear I have notice that the bull run after the halving is just a mere speculation and no one actually knows for sure if the price is going to have a price hike.
hero member
Activity: 1106
Merit: 912
Not Your Keys, Not Your Bitcoin
Just wondering how everyone feels the next 11 months will go until the Bitcoin halving?

I am counting down the months now looking forward to my first bull run next year and curious.

Are we expecting any more major crashes or should the markets start steadily rising in a few months or so or will that not happen till the end of 2023?

I have lowered my expectation concerning the bull run that comes after every halving but if we are to go by history, the price of Bitcoin usually goes up and the crypto communities expect other altcoins to follow suit but it wouldn't happen so soon. We expect some volatility and small corrections after the rally of price to some high level and after that, that is when you see a crazy run in prices, that's the period you sleep at home and see the price of coins multiply, that's the period you see some people who didn't come early go all in every coin. It is better to have bitcoin in your hands right now, delay will only make you fomo later but you must do it at the decretion of lower expectation.
hero member
Activity: 770
Merit: 538
Leading Crypto Sports Betting & Casino Platform
I am counting down the months now looking forward to my first bull run next year and curious.

Are we expecting any more major crashes or should the markets start steadily rising in a few months or so or will that not happen till the end of 2023?

It's possible that we can see more downturns in the Bitcoin price before the next year's halving. judging by price movement before the last halving took place in 2021, the bull market did not just come immediately after the last halving, so definitely it might still take the same dimensions this time around. Since a lot of Bitcoiners are putting much hope on the next halving, let's not forget that even when the price drops, it's really creating an opportunity to accumulate more, but some people always see it as a disadvantage to their investment already. DCA is really a good strategy I have used to accumulate Bitcoin, and I hope I can have at least a handful of Bitcoin before the next halving, so that if there is a tempting price to sell when the bull market comes, I can just sell off a bit of my Bitcoin holding.
member
Activity: 854
Merit: 30
As someone who started their crypto journey a week after the all time high in November 2021, I am just counting down the days till the halving as up till now i have spent 18 months being in the red it will be nice to finally see some profits  Grin

I had no idea about cycles when I first started investing in crypto and had no idea I was getting involved at the wrong time but luckily I didn't start buying properly until March 2022 so wasn’t buying right at the top.

Looking at the chart, from May 2020 to December 2020 Bitcoin went from £7k - £21k so that is a bull run in my eyes don’t agree with those saying it didn't come until 2021.
sr. member
Activity: 924
Merit: 329
Hire Bitcointalk Camp. Manager @ r7promotions.com
Just wondering how everyone feels the next 11 months will go until the Bitcoin halving?
It is very impossible to predict exactly, but I expect a lot of events that will challenge our decision to keep bitcoins, some people may get tempted to buy some altcoins, some people may also get tempted to sell their bitcoins to have to solve some problems. It can also happen that I become lazy and inconsistent with trying to get and keep bitcoins in any manner that I can. Until the halving, I expect all these things so I can be ready.
full member
Activity: 756
Merit: 133
- hello doctor who box
It feels the same, just collecting more bitcoins as usual and waiting for the time. Not gonna lie I am also excited about bitcoin halving. Expected that bull run to hit new ath.
But honestly you never know what will happen so it is better to be calm. Its a bull run or bear I am going to keep doing what I am doing now.
sr. member
Activity: 2506
Merit: 368
Nah, I'd rather let it slide until there's a hype since that would be frustrating to just keep on thinking what will happen on the market but never miss a chance to buy the dip or cheap ones cause I'm sure there's a time you can buy it perhaps $15k I guess depending on the support level on or before the halving start. It will just take some time before the market rise up to the moon when there's a FOMO.
sr. member
Activity: 448
Merit: 264
WOLFBET.COM - Exclusive VIP Rewards
Nobody knows tomorrow, but this is what happened during the time before the 2016 halving, the price continued to be unstable with more volatility on the price increase before the halving eventually took price to around $21,000 in December 2017. Normally bull runs before halving, but it is not going to be strong enough, which would be followed by bear market again. Halving will occur soon in 2024 and this will be a trigger for Bitcoin to be able to reach the ATH Price again, It might be risky to think but when you're already on the process, you will be thanking yourself for having the courage despite of the feeling of having a cold feet because of the market's situation now. The people who say prices are high at this time also would never have stepped into an ATH.
full member
Activity: 1489
Merit: 150
Just wondering how everyone feels the next 11 months will go until the Bitcoin halving?

I am counting down the months now looking forward to my first bull run next year and curious.

Are we expecting any more major crashes or should the markets start steadily rising in a few months or so or will that not happen till the end of 2023?
From observation about the last Bitcoin halving which took place on 11th May 2020, I just noticed that Bitcoin never had any significant influence few months before the halving, as it's price value was still fluctuating around $6k to $9k, not until after the May 2020 halving then the price of Bitcoin started skyrocketing each month from $9k to over $33k before the end of December 2020, which is same as what is expected to happen next year too after we experience the April 2024 halving, as just as the price of Bitcoin in 2020 skyrocketed 4x (i.e from $9k to $33k before the end of the year), next year we should be expecting nothing less than it's value skyrocketing 3 to 4x of it's current value today.

i think the value of Bitcoin will increase by 2/2.5x from before the halving happened because if we look at a 3/4x increase seems pretty hard to achieve. But let's just wait around 3~5 months after the halving happen to see if the halving will increase the bitcoin Prices
legendary
Activity: 2114
Merit: 2248
Playgram - The Telegram Casino
I am counting down the months now looking forward to my first bull run next year and curious.
A halving does not guarantee a bullrun that same year and historically a bullrun does not happen that same year.
• 2016 halving - 2017 bullrun.
• 2020 halving - 2021 bullrun.
We would be looking towards early 2025 for the next solid rally, except if we have a change in how the Bitcoin cycle works which would not be a surprise.

Are we expecting any more major crashes or should the markets start steadily rising in a few months or so or will that not happen till the end of 2023?
There should be some crashes between now and the next bullrun, but these are just predictions and the market reacts the way it wants.
I would advice you don't think too much about the price and just focus on the long term ROI.
hero member
Activity: 868
Merit: 574

I am counting down the months now looking forward to my first bull run next year and curious.

We should be anticipating the bull run, but counting down the months is a bad idea since the bull run might not begin when we anticipate it, which could produce irritation because our expectations were not met on time.So the best advice is to be patient and hold Bitcoin until it.infact timing bull run can even lead to selling our Bitcoin, if it does not happened by the time we may time for it because some people may be thinking maybe it wouldn't happen again especially newbies.

Are we expecting any more major crashes or should the markets start steadily rising in a few months or so or will that not happen till the end of 2023?

Many people have been saying that we should expect little bearish that the bear market is not yet over, but I can't really say because markets are primarily determined by investors due to the back economy and some factors, like what happened recently like collapse of exchange and run always with people's funds so this kind things due create fear in the cryptocurrency industry and lead to the withdrawal of funds in the Bitcoin investment and also stop other investors for coming in the cryptocurrency industry.
hero member
Activity: 1176
Merit: 785
Just wondering how everyone feels the next 11 months will go until the Bitcoin halving?

I am counting down the months now looking forward to my first bull run next year and curious.

Are we expecting any more major crashes or should the markets start steadily rising in a few months or so or will that not happen till the end of 2023?
From observation about the last Bitcoin halving which took place on 11th May 2020, I just noticed that Bitcoin never had any significant influence few months before the halving, as it's price value was still fluctuating around $6k to $9k, not until after the May 2020 halving then the price of Bitcoin started skyrocketing each month from $9k to over $33k before the end of December 2020, which is same as what is expected to happen next year too after we experience the April 2024 halving, as just as the price of Bitcoin in 2020 skyrocketed 4x (i.e from $9k to $33k before the end of the year), next year we should be expecting nothing less than it's value skyrocketing 3 to 4x of it's current value today.
legendary
Activity: 2478
Merit: 4341
eXch.cx - Automatic crypto Swap Exchange.
Just wondering how everyone feels the next 11 months will go until the Bitcoin halving?

I am counting down the months now looking forward to my first bull run next year and curious.

Are we expecting any more major crashes or should the markets start steadily rising in a few months or so or will that not happen till the end of 2023?

For people like myself that have experience more than one halving date, I'm not as excited as you might be. It's nothing new to us. You can't get any prediction accurately as so many things could happen before and after the halving date. Based on passed experience, Bitcoin price would likely rise close to the halving date and dumped after. In the market, people buy the rumors and sell the news and immediately bitcoin halving has been completed, the whole buzz will die down and people will start taking profits which will make the price to start decreasing.

Anything can happen in the market so don't put your hopes all up or go to borrow money to invest in Bitcoin in anticipation of the hype (rise of Bitcoin price) to the halving date as that too might never happen. There's only one thing that you can be assured of happening in the market which is the price volatility and if you're a trader you can sue that to your advantage. The best preparation you can make for yourself against the next bull market is to continuously DCA into buying Bitcoin and hold.

sr. member
Activity: 490
Merit: 279
Do remember that after halving there will be a period when the Bull run becomes the Bear run. I won't deny the happiness Bull Run gives to everyone. Then in Bear Run, it has been an attitude of everyone questioning why we are going through this. It is important to remember that if something goes up it will go down. This is a cycle that can be related to everything.

One unique thing that disregards everything about the Bitcoin bull and the bear cycle is a limited supply. That is one of the biggest features of Bitcoin according to me. That is why everyone should become a diamond hand and wait for the era of Bitcoin. I have a feeling that it is not so far and yet it is not so close.
sr. member
Activity: 2366
Merit: 332
Just wondering how everyone feels the next 11 months will go until the Bitcoin halving?


Like you said you have been expecting your first bull run, that is what it is for more people. For hodlers who are interested to increase what they have I believe they are all saving up and hodling for the next months to come. The price has been dropping and now trading at $26k while the ATH is $64k, so if you can catch the difference of $64k - $26k which is $38k. That can stand as an investor's profit by the time price reach the ATH and that is a good investment if the risk is taken by this time. And if the price drops more from what it is currently selling on now, that is more profit. Investing now and hodling for the next bull run through DCA is definitely going to profit someone that takes the chance.
hero member
Activity: 504
Merit: 1065
Crypto Swap Exchange
Just wondering how everyone feels the next 11 months will go until the Bitcoin halving?

I am counting down the months now looking forward to my first bull run next year and curious.

Are we expecting any more major crashes or should the markets start steadily rising in a few months or so or will that not happen till the end of 2023?

Personally, I expect the halving to be a logical continuation of this:



History is just a series of loops, right ?  Grin .. I hope that once again, 6 months-1 year after the halving we will see a rise in price.

Otherwise, from a more realistic point of view, I basically expect the block reward to be halved and therefore my mining income to drop.
This is precisely why I am hoping for a small rise in the price, to compensate at least a little for this drop in income..
Pages:
Jump to: