Will Bitcoin have a price increase before the halving like we saw in 2016? - page 2.

garyrowe

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Quote from: moviebuff777 on January 07, 2020, 09:09:49 AM

In 2016 the halving was early July. Depending on the exchange, the price was as follows:

May 1, 2016 $453
June 1, 2016 $536
July 1, 2016 just before the halving $677

The price increased about 50% from May 1 to July 1 just before the halving event.

Should we expect something similar this time?

Previous halving came with price increase and i think this will do same. The current rise in price of BTC is not connected to the halving news in my own opinion. Nonetheless, as we approach the date, there will be a significant increase in the price of BTC as halving is a major event.

lienfaye

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History might repeat itself but there's no assurance for this, we can only assume halving can give a positive result to the price of bitcoin but its hard to rely on this. Better to not have an expectation so you wont get disappointed.

Nevertheless anything is possible in crypto sometimes what we dont expect can happen because the market is really unpredicted.

Sadlife

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Right now this is purely speculation but everytime the halving event is near the price starts to surge drastically but this is not ordinary times because price movements in BTC is a bit unpredictable these days and sometimes the more people expects a bullrun, the more the price goes down. So, right now nothing is clear unless its confirmed in a technical perspective.

Asuspawer09

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Quote from: finaleshot2016 on January 08, 2020, 12:09:44 PM

Maybe? bitcoin's price is already rising. According to the market, it climbs up smoothly to 8,200$ now.
There might be also a chance that this year 2020, bull run will happen. Most of the investors are expecting these changes, I hope they're right for the decisions they made since we aren't still sure if it will happen the same thing last 2016.

Agree, Also the market is just starting to recover from the loss this 2020, I think there is still a lot of time for the market to recover from the dump so let's give it some time considering there is a lot of delay and resistance in the market price of bitcoin and also there is war going on.

Quote from: CoinBitCoinMoney on January 08, 2020, 10:51:43 AM

Quote from: moviebuff777 on January 07, 2020, 09:09:49 AM

In 2016 the halving was early July. Depending on the exchange, the price was as follows:

May 1, 2016 $453
June 1, 2016 $536
July 1, 2016 just before the halving $677

The price increased about 50% from May 1 to July 1 just before the halving event.

Should we expect something similar this time?

Before the previous in 2016, but market has started and the price of bitcoin increased. So, the tendency that the past would repeat itself is likely but not 100% certain.

But it is certain that holders will not lose but gain profit at later months after halving if at all the bull does not start early. So, what matters most is the bull run to start this year so investors can profit.

It could be there are so many speculations in the market but I think having this pump and dump in the market is also whats makes bitcoin profitable most of the time a lot of investors could buy low and sell high most of the time in this situation. But still, we are hoping for the market to pump like happened in the past.

maydna

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Quote from: barabarian1 on January 08, 2020, 10:19:57 PM

I think it's very difficult to predict the price of bitcoin. 4 days ago bitcoin continues to increase and has reached the price of $ 8k. but today bitcon is down again and is at $ 7k. and in my opinion bitcoin will not experience an increase before decreasing by half as in 2016. Because if I see bitcoin is still in a downtrend. maybe bitcoin will increase after decreasing by half in May.

We can hope bitcoin's price will be in an uptrend in the next week. It's no problem if this weekend, bitcoin price is down because bitcoin is adjusting the price, so, in the next week, the price can start to increase and break the higher-level price. I am sure that the bitcoin price will have a big opportunity to grow to the highest price as we saw in 2017-2018, and no matter when, the bitcoin price will start to rise. Just make sure that you have much bitcoin so you will have your chance to sell bitcoin at a high price.

barabarian1

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I think it's very difficult to predict the price of bitcoin. 4 days ago bitcoin continues to increase and has reached the price of $ 8k. but today bitcon is down again and is at $ 7k. and in my opinion bitcoin will not experience an increase before decreasing by half as in 2016. Because if I see bitcoin is still in a downtrend. maybe bitcoin will increase after decreasing by half in May.

diazepam666

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I don't think we will see the price for halving itseems may be due to regular and periodic growth we may find the same again here in the marketplace. But if you believe that growth also because of halving means your mind will not show anything.
Then after halving also we will find some dump and next year we will find the skyrocket in bitcoin.

Aikidoka

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Quote from: moviebuff777 on January 07, 2020, 09:09:49 AM

In 2016 the halving was early July. Depending on the exchange, the price was as follows:

May 1, 2016 $453
June 1, 2016 $536
July 1, 2016 just before the halving $677

The price increased about 50% from May 1 to July 1 just before the halving event.

Should we expect something similar this time?

We probably expect a good increase of bitcoin's price in the next halving, we need just to wait and hold our bitcoin because I'm sure that the price will increase higher this year. I hope that the price will increase back to 20k$ by the halving if we're so lucky or maybe at the end of this year.

finaleshot2016

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Maybe? bitcoin's price is already rising. According to the market, it climbs up smoothly to 8,200$ now.
There might be also a chance that this year 2020, bull run will happen. Most of the investors are expecting these changes, I hope they're right for the decisions they made since we aren't still sure if it will happen the same thing last 2016.

SummerBliss

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Usually whenever some important events for Bitcoin is lined, price goes up out of fomo. This is again gonna happen this year pre halving. What I am thinking is of taking this opportunity to swing trade before halving. Exit before the halving to take out the profits and enter when the euphoria settles.
I have tried this during forks too and it worked pretty well.

julius caesar

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I really do not think so. Maybe, the price of bitcoin will rise up after the halving like what happen in 2016. It takes a year first before the price of bitcoin goes up to 20000$. So maybe this year, the halving might take effect and change the price of bitcoin after one year. But we are all hoping that before halving happens, the bitcoin will slowly going up now.

CoinBitCoinMoney

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Quote from: moviebuff777 on January 07, 2020, 09:09:49 AM

In 2016 the halving was early July. Depending on the exchange, the price was as follows:

May 1, 2016 $453
June 1, 2016 $536
July 1, 2016 just before the halving $677

The price increased about 50% from May 1 to July 1 just before the halving event.

Should we expect something similar this time?

Before the previous in 2016, but market has started and the price of bitcoin increased. So, the tendency that the past would repeat itself is likely but not 100% certain.

But it is certain that holders will not lose but gain profit at later months after halving if at all the bull does not start early. So, what matters most is the bull run to start this year so investors can profit.

DreamStage

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Currently we are already seeing such price increases.

It has been since the start of 2020 where Bitcoin value has grown by 19%. Currently being at $8.300.

It was mentioned at some news sites and twitters that price would be increasing its value by 10% each week till the next halving.

Not only that but US attacks have been pumping / boosting even more the price value over the course of recent days / events.

Gotumoot

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We should not expect this again because bitcoin trend is so different now and it is unpredictable. And i think bitcoin price will be more volitle now and we will see more suddenly dump and pump in unexpected time.

That's why we need to be prepare always and don't buy at every pump with no valid reasons.

Eclipse26

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Quote from: Asmonist on January 08, 2020, 07:14:56 AM

As far as the bitcoin price movement today its going up and hopefully it will continue. Its really unpredictable but I guess what happen in 2016 may still happen this year. The price increase as soon as many will continue to demand for it. Before the halving occur, many people will probably take advantage of the moment to buy more bitcoin.

This really gives me hope that price will pump this year because of what happened in 2016. Most are expecting it already because of the halving and they are preparing for it beforehand so maybe they're already buying Bitcoin, that is why it increases. I'm also expecting from halving. Also with the current news that said also affects bitcoin's current price.

killerfrost

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Surely we should expect a similar this year. The current bitcoin price has risen 20% from the bottom of $ 6400 last week, this year I believe bitcoin can rise to more than 100% and the bitcoin price will reach at least $ 14000-15000. Halving bitcoin will take place in May, so it is still early for us to invest in bitcoin and wait for profit. The bull market is just beginning and it will last until Q2 Q3 2020 before we fall again.

shield132

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Quote from: moviebuff777 on January 07, 2020, 09:09:49 AM

In 2016 the halving was early July. Depending on the exchange, the price was as follows:

May 1, 2016 $453
June 1, 2016 $536
July 1, 2016 just before the halving $677

The price increased about 50% from May 1 to July 1 just before the halving event.

Should we expect something similar this time?

I would say that according to statistics, bitcoin's price was stable before halving and even after that for a while. Actual rise started in November, after 3-4 months from halving it went from 600$ to 700$ and then went up and up, we had amazing rise, this process for me was like a rush of dopamine. Price rise didn't start in May because you have to consider that a lot of things happened at that time, for example hashocean had scam exit and believe me a lot of people had invested there, because of this scam everyone thought that they would sell their coins in a hurry and price would decrease. There were still a lot of moments to remember from previous halving.
Personally I would say that we will see clear picture after some months from halving, not right now or not right the day after halving.

keeee

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Quote from: Boov on January 07, 2020, 09:24:27 AM

Quote from: moviebuff777 on January 07, 2020, 09:09:49 AM

In 2016 the halving was early July. Depending on the exchange, the price was as follows:

May 1 $453
June 1 $536
July 1 just before the halving $677

The price increased about 50% from May 1 to July 1 just before the halving event.

Should we expect something similar this time?

As we expected I think it will happen after the halving coz we all know that the halving season is near and only have few months but until now there is no movement on the bitcoin's value. So my speculation is the value of bitcoin will raise after the halving season.

Hopefully it will happen so we can earn profit from what we are holding right now. We are not 100% sure about it but we still hope because of what happened last 3 years ago. But when we compare the value of bitcoin now it was higher than what it is before last December.

Darooghe

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In my opinion bears can't fight a supply shock, if it is easier to long than to short, then that will happen. The price will have to increase, even before halvening. Further, the economics of mining depends on it. without mining, Bitcoin will go to nothing. This is classic supply and demand and it works. If there are fewer BTC and they are truly useful, then they certainly will rise in price. I don't think BTC will disappear, so the only real market alternative is higher BTC prices, at least until there is a balance point. For sake of miners and BTC's ongoing viability, that balance point will need to be higher to enable any mining.

Asmonist

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As far as the bitcoin price movement today its going up and hopefully it will continue. Its really unpredictable but I guess what happen in 2016 may still happen this year. The price increase as soon as many will continue to demand for it. Before the halving occur, many people will probably take advantage of the moment to buy more bitcoin.

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