What are we expecting from now until Bitcoin halving? - page 3.

aysg76

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Quote from: JamesDaniel90 on May 17, 2023, 06:09:45 AM

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?

We can only make speculations about what will happen next but there's no surety about it so if you are having too much expectations from it then it might not work that way.See we have seen halving periods and price boost afterwards because the mining rewards will be halfed to 3.125BTC and the adoption rates show the demand graphs are going upwards so it could be price boost.

But your patience level are tested and many are having different speculations but for me holding is the best option till long term and that gives return to us but at the current rates say we are near $27k so it would definitely go to $40k if not have too much expectations.But till that period we can see lot of dips and FUD also but you should stay strong.

Zaguru12

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Quote from: JamesDaniel90 on May 17, 2023, 06:22:17 AM

Quote from: Onset on May 17, 2023, 06:17:08 AM

Isn’t it more likely that Bitcoin price goes bullish in 2025 though? Halving years didn’t seem like they were the best for returns. They were good but not the best. Usually it’s the next year after halving.

The last Bitcoin halving was May 2020 and the price then was £7k and it almost did a 3x by the end of 2020 reaching £20k so the halving year is also a bullish year.

Onset isn’t far from what you’re saying. Taking last halving as a case study the market raised significantly towards the end of the year 2020, it went to 20k in December that year which is also bullish but it was in 2021 that it raised above the 60k mark. It first tested 60k in march 2021 which was almost a year after halving before going down a little bit again. The ATH of 69k was till November that year before it got there. So basically the year of the halving is not that bullish compared to the year that comes after it.

As for this year 2023 the bitcoin will be in between the bearish and little bullish period mainly due to the hype of the halving but we would surely see another bear period of the price coming down to say 20k again but that also is dependent on some of the economic factors surrounding it.

JamesDaniel90

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Quote from: Onset on May 17, 2023, 06:17:08 AM

Isn’t it more likely that Bitcoin price goes bullish in 2025 though? Halving years didn’t seem like they were the best for returns. They were good but not the best. Usually it’s the next year after halving.

Things can go so many routes, man.. if we get another stablecoin collapse the next 11 months may not look very good. I don’t expect much honestly, they’ll probably not be the worst but not the best months either. Just meh. Probably a lil hype and that’s it. Last halvings I was expecting markets to go crazy or something but it’s usually boring and nothing happens..

The last Bitcoin halving was May 2020 and the price then was £7k and it almost did a 3x by the end of 2020 reaching £20k so the halving year is also a bullish year.

dzungmobile

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Quote from: JamesDaniel90 on May 17, 2023, 06:09:45 AM

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?

Nothing big to expect and 2023 will be like 2019 but there is bigger risk that the world has many more serious things economically and politically since pandemic Covid-19. More serious conditions than in 2019 and maybe something will suddenly trigger massive panic on the market from traditional to cryptocurrency exclusively Bitcoin market.

If any big shake, crash happens, I consider it is a market clean-up against weak-handed investors, gamblers who try to be rich with leverages. If you are not such people, you will not be impacted.

With what happened with FTX exchange and what's going on recently with banks, you should store your bitcoin in non custodial wallets. Then you will surely have chance to enjoy 2024 halving and a bull run after.

Reminder: do not keep your money in online accounts

Onset

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Isn’t it more likely that Bitcoin price goes bullish in 2025 though? Halving years didn’t seem like they were the best for returns. They were good but not the best. Usually it’s the next year after halving.

Things can go so many routes, man.. if we get another stablecoin collapse the next 11 months may not look very good. I don’t expect much honestly, they’ll probably not be the worst but not the best months either. Just meh. Probably a lil hype and that’s it. Last halvings I was expecting markets to go crazy or something but it’s usually boring and nothing happens..

Oshosondy

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Nobody knows, but I am expecting bitcoin to get to $20000 once again which would result to a massive buy. Going below $25000 for now may not be achievable, but in some coming months before this year ends or before halving next year, bitcoin price may still fall and get to $20000 which would be a very strong support and buying price point.

JamesDaniel90

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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?

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