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The current scenario is completely different and no one seems to care about buying pressure because everyone is selling their coins due to the corona panic outbreak. Price seems to be declining continuously for now so speculation related to halving that will not be effective to bring the price back on track.

Bitcoin halving will be in May, 2020. This is March and we still have April. I do not think you are right at all. There is still. More than a month to halving. Also know that 70% price fall is not directly linked to corona virus. The directly linked causes are investors that traded bitcoin for fiats to treat or to secure themselves against the virus. Because of this, the price decrease.

The other reasons are indirect in which whales, and investors are converting unstable currencies like bitcoin to stale ones and dollars because of the price decrease. So, the price further dropped significantly.

Bitcoin halving is still coming and we should be expecting this because the direct effect of corona virus only presumably has 30% of the price fall and other and indirect corona virus effect has 70% cause.

Honestly I didn't expected this after some great performances shown from the past two months, well that's how crypto is all about. It's extremely volatile for sure, even the so called analysts and experts are confused for this huge downfall and the entire forum reveal corona virus was the one which caused the major problem for the downfall in the market, let's not break our heads on this let's hope things will settle down in a real quick time and this halving could be a great moment.

https://i.imgflip.com/3skt9t.jpg (https://imgflip.com/i/3skt9t) (https://imgflip.com/memegenerator)

It is not just cryptomarket, the whole market is in crisis right now. No one really expected this to be this worse. This whole corona virus situation can still get worse until the vaccine is found. So we better prepare ourselves. For me, I am expecting the worse and hoping for the best. I am not dumping, but try to accumulate more and hope we see a better 2nd quarter 2020.

not everyone but most of them yes based on the percent of declines  .

I salute those people who decided to stay because they are wiling to take temporary loss  . there are those that care to buy because the prices of cryptos nowadays are so tempting that anyone cant resists tho the only problem is the cash because I know people also need some funds especially thesedays that markets are said to be closing temporarily   . bitcoin halving is also the event that everyone is still waiting for to see if it can really up the value despite of the damage that delt by the virus .

I was expecting the bitcoin's performance going up slowly but things have changed and it dropped down too much.Well, it is too early to speculate. We have few more months before halving. This may take some recovery stage before we ever reach the  what so called "peak".

On the other hand, this ncov outbreak we are suffering has a great impact obviously all were down. Stocks, cryptocurrency, economy. However, this is not forever and we are still gripping to that chance about the upcoming bitcoin halving that will somehow be the reason for the price pump.

We saw a different thing really since the corona virus came up and the expectation of the halving is now becoming gloomy. The It seem the corona took the price from us without notice, this is unfortunate. I hope the virus goes off soon before the halving comes so it can give faster price recovery.

If you expect to see the crypto market recovering and the virus disappearing before Halving you can keep dreaming. The pandemic is worldwide and here to stay from 6 months to 2 years and this considering scientific are able to create something to fight it.

People should start to forget Halving and anything else to speculate on the price, BTC will continue to crash for other months,.

Either you buy BTC for a 1-2 year term, like there are good opportunities in the stock market, either you sell accepting your looses but anything else is useless currently. We're at 2 fingers to get a situation worst than in 2008

Before, we can't seem to believe that Covid19 didn't actually hit the prices but we're all speculating now that it really has a reaction and connection to the sudden crash.

The halving that I've witnessed before it commenced, price was also reactive like this in these times and it was so stagnant and low. But, after the halving, reaction was starting to make it better and boom, the 2017 all-time high.

the important thing you are missing is that miners are a very small part of the market so them selling or not selling is not going to affect the price specially during times when there is a lot of manipulation and sell pressure already pushing and keeping the price down.
effects of halving are always seen in long term not in short, the big rises that we have seen in the past "before" halving have always been due to hype as it is evident from the follow up drops of each hyped up rise. then the actual rise starts happening about a month or two after halving.

It still has to change. People urgently needed cash, they sold part of their bitcoins through exchanges and it fell in price. However, for a whole week, Bitcoin has stopped in the fall. The situation has stabilized. On the one hand, people are already stingy to survive the epidemic, on the other - they no longer want to sell it at such a low price. When the virus starts to fight effectively, the cryptocurrency market will begin to recover and a further decrease in rewards to miners can lead to good market growth. Also, the growth of the cryptocurrency market can be if, after a certain time, the global economic crisis begins. Then we’ll see if Bitcoin will be a refuge in economic crises.

I think there will be quite a few large mining operations filing for bankruptcy in the coming months. Many farms cannot just refuse to sell at a loss. There is a real possibility of a downward spiral in prices if the rise in price everyone is expecting due to the halving doesn’t materialize. Miners going broke, speculators bailing out, fresh investment drying up... This summer may end up being Bitcoin’s biggest test to date.

In this year halving will be a little different from before, maybe some will not pay attention because the corona virus continues to hit this year so some who will look forward to halving that occurs may not be so high pressure, I even predict if bitcoin can reach $ 10k again that's good because it's a good increase after a severe decrease.

People will focus on the corona virus so that it will be more self-interested than investing in others.

One week makes so much difference and I can totally understand it. One week ago we were really afraid that bitcoin was going down and now we are saying "well maybe not anymore" and that is what makes a difference in a week in corona as well. One week ago turkey had 1 person infected, today they have 200 with 2 dead another week and who knows.

So, we need to make sure that corona doesn't get worse in the world, we are literally finding ways to cure people now, everyone is working on it, this is a global pandemic, there is no way people are not spending tens of billions of dollars for vaccine this important, but that also doesn't mean that we can't be too cautious. If you have investments keep them, if you can spare some money to back in do it, but if you are in thin ice and do not have too much money, just be careful and stay away and buy what you need.

Could we have something to expect a market surge this coming halving? Not really for sure. We know the current market situation and this halving couldn't be enough to think and see that price blown but this thing could be possible of the community would like to help especially for all crypto holders won't sell the coins at cheap price. This is the only that we ask for and so we are able to see the market recover even though we never hit to its peak again but at least, we do something that could even move to $10k...it is really great.

it is not that simple. it will all come down to who will give up and shut down first. and it has usually been the small miners who give up and leave not the big mining farms since their profitability is usually higher than small miners too since they have special contracts that helps them with a much cheaper electricity.
and since Satoshi designed bitcoin's proof of work well, it solves this issue as soon as some miners leave by re-adjusting difficulty to make it easier for the remaining miners to make profit again.

and it is not like price has fallen down to a ridiculously low price like $1000. 2 months ago price was in $6k range and it is in $6k range again today. and for the first 6 month of last year price was below $4k. in other words there is still room for miners to wiggle before we have to start worrying about profit of big mining farms.

Your scenario is good but miners refuse to sell at loss is impossible. We know mining is expensive method to get bitcoin, you think until when they can hold because there's fees should pay and market in red zone, like or not they will sell it. Second reason is less bitcoin not always create high demand, people will try to find replacement and came back into currency ( forex ) is possible.

Well, that's almost impossible to achieve in this community, where a lot of people are looking to earn profit by selling whenever the price hits the resistance level.
This is always gonna be the case. If you notice everytime Bitcoin hits the resistance level, the price tends to pull back for about 1%-3% and will struggle to maintain the range (most of the time).
Only the manipulators has the power to either make a price surge or a price slump.
Positive speculations may also help the market to rise.

Even a day makes a difference really, in this kind of situation. I saw when price just kept nosediving. Read somewhere that it was at one point over 50% in a 24-hour period, but 30% was big enough for me to sit up and take notice.

Not that my mind's changed in any sense, but what I'm wondering now is, miners are the ones in pain... right? So they'll want to push prices up as high as it can get before the halving, because as someone said, this should immediately mean a doubling in price just to keep in check.

Actually I think like this, but after the price reduction occurs, I always think negatively. however, currently, the price of bitcoin is recovering, and there is potential for prices to return to $ 9k before the upcoming May. however, I really hope that the price of bitcoin is very high before halving because what you say will push the price of bitcoin higher than before.

There is a vast difference between a price halving (and not even close right now) and a bitcoin halving. In a price halving you get price to drop to half and now it is back up again, if you are a smart investor you would have realized that bitcoin wasn't really valued that low and you would buy bitcoin and it would eventually go up again like it already did, we are above $6k right now and doing not that bad, another 20% increase or so and we would basically be where we started before all of this and 20% is not a big number in crypto world.

However, in mine halving we are getting less inflation, less money printed everyday, millions of dollars are spent less in bitcoin and that is literally what we need right now, that way it is a long standing profit and not just a one time thing.

I understand why people can't make such HOLD because of many reasons but I know that they can also make it not to sell at a low price.
The resistance level of the market isn't really moving high because the majority of the Bitcoin holders/investors are now selling it at this time. And this makes no excuse why the market won't go up but rather it drags down because we are making it happen in that case.

Many people cannot speculate, they have only so much capital to hold in crypto.   Leverage doesnt count because the market will always flush you out, either early by a personal stop or fully by margin calls as it registers lower.   The market naturally searches for points where people stop selling because 'all bets are off' then its hard ground, every market does this.

https://talkimg.com/images/2023/06/12/A780v.png

Just a quick look at weekly view though we aint closed yet, lots of range in just 3 weeks.    Though its wild its kept to prior historic trends, BTC often does sharp moves and I would guess we do see it again.  Thats why I always say roughly try to get the mood of long term involved BTC holders as they know par for the course.
  Halvening my guess doesnt alter this year overall, no extreme move as a bet from me. I dont expect it too easy, I think years we develop over and every year is a slap in the face for those who thought BTC couldnt exist.  Low now is 8 day average and roughly that 200 week average, its a base that those bullish short term would hope to see kept.  Below 5500 we repeat action I guess but looking for 4.5k to 7.5k to be worked through which is  very volatile but reasonable in context to these last few weeks.

WELl i am sure right after you post this market fell down badly and that is what we are facing now,imagine falls down more than 50% in a day?so how can Halving make a good move when there are crisis right now like this Corona Virus?
Yeah we are expecting much good response from the market before halving but since we did not expect a very bad economic problem such as oil and stocks now that this COVID19 is in the house?yeah impossible for us to look into more progressive investing.

It gave me some courage to buy more. Even just for a little bit.  ;)
There is large chance we won't be seeing is again after it almost made $9k its bottom. That is what I thought.
But it suddenly plunge to a price I didn't expect anymore.
It sure does feel sad for me but still it is another opportunity. Yes, there is still the halving so brace yourselves.

Bitcoin halving has been the major reason why bitcoin pumped in price and no matter what happens we should still hope that halving is still going to influence the market. If not the covid19 issues we should have see bitcoin above $11,000 by now but because of this apidemic we are having bitcoin down. However hoping that things get better in days and months to come.

This thread was created when there was no panic yet on the current corona virus pandemic, and for awhile, people forget the benefit of the coming halving as they are more focus on the current situation, some panic while some took advantage when people panic, that's normal, but what's good now is that the market is starting to rebound and we are seeing an uptrend that could possibly continue.

Indeed, we are getting better now than of the past days. It sounds like panic sellers have realize already about their doings and have to change their mind instead, they'll be in holding. Halving might be of big help for the fast recovery of the market and I hope it well. We all been positive so we don't need to drag the market down instead of helping it so recover.

We are heading back to $7k and all become hopeful that during halving we saw pumps and not dumps.

Some assumptions indicate traders involved in the dump are new with less than 3 years in the space. So we consider that to be loss of weak hands and fewer bitcoin involved. Some economic assistance by the government should take care of people's welfare in coming days and reduce panic but we cant neglect some exception for those with some lifestyle excesses. I dont know if the market prepared for the support cause a lot of people paniced at $4000, if the market stays the same for the next few weeks in April we can still reach a new high price in the space this year. We have lost some miners though and it requires the price to get back.

This situation was completely unexpected. From the spread of the virus to panic selling, none of us expected the price to fall this badly before the halving takes place. Look at stock market price which was very badly affected. The whole world right now is going to suffer economically (expect for China. I have been hearing many conspiracy theories lately about how evil china is). But yeah, the price of bitcoin did recover a bit. We can expect it to go back to where it was during the halvings.

Do we think that halving will really make an impact as expected? Well because of the covid-19 issue that has really put many economy down, I think investment will also slow down and gradually pick up. So contrary to my expectation, I can't really speculate how price will go.

Bitcoin always acts unexpectedly, people couldn't believe when it reached above $1,000 for the first time, then it repeated with $20,000. But now everyone got so bullish with high hopes for the halvening and dreams of $100,000 that the unexpected thing was going down instead of up. Coronavirus certainly didn't help, but even without it there was always a risk of crash. But eventually the price will reach new highs again, but it may take quite long.

It's definitely strange--prior to the coronavirus outbreak, a lot of threads were dealing with speculation about the halfening, but that's noticeably taken a backseat to the effect the virus has had on bitcoin's price, which has been profound.

Right now I'm not expecting any price boost due to the halving in May.  It might have been priced in already as it was, and I don't think there's going to be any massive buying (or less selling on the part of the miners) in the next couple of months.  That could happen, but I don't think we're going to see a significant rebound until life around the world returns to normal--and that could take quite a while.

The information of halving event is much already especially on this forum. You can easily search and find one by one in bitcoin discussion forum then you will find a lot of thread who discussed about it.

The most important thing is how you passed it? I mean you should have a strategy to meet this event. Like buying bitcoin as much as you can and hold bitcoin if you already has. Also, spreading about good effect from bitcoin is more apprecieted because that will help many people aware againt bitcoin and they buy if they have money.

Well done for a great topic title, that made me laugh  ;D

We are indeed in a strange situation. I'm not even sure if any speculators cares about the halving right now. I think everyone is just waiting for that proven COVID-19 cure to bring things back to normal like "business as usual" before markets (including crypto) starts recovering and that will most likely take months for each economy to fully recover.

it was all an unreasonable scare due to all the other markets in all different countries crashing hard. then of course we always have a lot of whale accumulators ready to take advantage and dump the price as much as they can which led to the weird price drop.

the good news (that nobody seems to be talking about) is that all these others markets are still dumping. US stock market had another dismal day, EU stock market is also following,.... and meanwhile bitcoin price reached its bottom last week and now it is starting to slowly go back up. ($6800 right now).

this proves how irrelevant all the news we kept hearing during the drop were.

I wont call it strange, I think its actually quite natural reset and growth we dont have to like it but its always been this way.   Sooner or later humans find out they are not the top of the food chain really, we are pawns in this game along with many animals.   We can get wiped out, things are very often beyond our control and the army or government can at times do nothing to stop that being true.    Thats always been there but we forget it and its the background but in economics I will always count natural effects over artificial measures placed by any company, person, organisation or government.
    The halvening effect is gradually less important, my take is its quite clear and its on purpose by the originator of this protocol they dont want training wheels on a Harley doing 80 down the highway and so we have more influence from the markets themselves and the wider effects of every nations currency variations, sometimes BTC will have demand and sometimes less.

https://talkimg.com/images/2023/06/12/A7cJT.jpeg

This might take several months before taking off for an effective remedy of this kind of pandemic virus. It won't be easy for the world to bring back the normal life that we used to have. But nothing's imposible for all who wanted to seek brighter future with bitcoin, because it remains unpredictable for years until present. Recovery will always be a tentative situation to consider, so every now and then let's hope for positive outcome sooner.

If we're going to be all cleared with the pandemic on May or June, the stock market will take time to recover, but It's completely different with cryptocurrency since Bitcoin and other alts price has no direct correlation with the pandemic unlike stocks. So, base on the trend about the block halving, the cryptocurrency market tends to skyrocket a year after the block halving. Maybe will see a light at edge of tunnel next year. Though I'm still glad Bitcoin is gradually recovering after it fell down hard as low as $4,000 level.

I guess we need this kind of topic, I mean with what is happening around, sometimes laughter is the best medicine.  ;D

Of course, everyone care about the halving, from miners to average joe to whales. After all this market is based on speculation and halving is one event that everyone is looking for. It's just this news has taken a back seat because of the Covid-19 scare. but as we get closer, crypto media are going to cover it and I do hope that we will have a good bounce eventhough the pandemic is not clear yet.

Glad to see bitcoin price now can increase higher and already hit $7,000. We are going to see the price will increase because of the line still at the uptrend. People do not just wait for the bitcoin halving, but they are waiting for the price to reach another high price so we can back to make a profit, and the important thing is we can recover the loss. But we don't know what will happen with bitcoin before and after halving because the price can go to the higher price or the lower price. Don't forget, we still at the crisis that can make people got panic again like before, and if that happens again, the market will go down although that crisis is not the reason.

and actually people now are not more concern about the coming halving instead everyone is waiting for the cure of this Corona Virus and nothing at all,because what is the sense of this Miners halving if the whole world is bleeding with economic problem?we should face this pandemic first before the next event because this is more important than anything in this world now.

Everybody wants to recover from this corona virus because there are already many victims who have died due to this virus, of course, by staying at home now, we must be able to maintain our physical fitness so that they are not infected with the corona virus.
With the coming halving month, of course there are still some who expect it to even want to see bitcoin soar as it did in 2017, but will this year reach new ATH or not?
In fact, I also hope that this halving brings a good recovery for bitcoin.

Where is the price halving now? The price is around 1% lower than what it was before all of this started, it is literally getting close to what it used to be and we are talking about halving in MAY, so there is still time left on the table as well. I think by the halving time comes the price will be well over 10k as well, people will realize they did wrong by selling and many of them will start buying back up again as well.

Miners can't sustain this level at the price so they will stop selling their currencies for this price and start selling higher as well, which will result with a lot less bitcoin sold on the market price which will cause it to go up. These are all factual statements and not guesses, these WILL happen because there is no other way than do this or lose money.

I don't want to conclude yet, I still expect that there are some surprise that will happen soon.
Don't worry, halving is still 40 days from now, https://www.buybitcoinworldwide.com/bitcoin-clock/---- so there are still plenty of time.

The whole world is in crisis now, people would understand if the price will not rise because investors fear the situation we are facing.
But like always, bitcoin always makes a surprise, so expect it will happen.

40 days is still enough time to actually recover from whats going on right now and have a great increase, that is before halving by the way. I mean think about it, 40 days in bitcoin life time is a lot of days, it could go from here to over 10k or under 5k and we wouldn't really be wondering how it happened. It means after halving it could probably go even further from that.

Is there a chance it could go above 20k after the halving? Sure there is, it could go from here to over 10k-12k until the halving because 40 days is enough for that, and after that in another 40 days it could double that thanks to halving. I am not saying that will happen but it is obvious that anything could happen in bitcoin including something like this as well. Hopefully this optimistic situation does really happen :D.

That was long enough time spare for the market to recover. The positive looks of the market this time meant good for the coming days but of course, isn't be like before that the price rallying at high.
may we could say that this year's halving isn't in perfect time crypto and can't have to expect a bullish market if this pandemic will not stop. 

It may not be rising now but the panic will not be getting worse.

As time goes by people learn to cope with this fear and live with it just like people in war zones do.
When first bombs fall they're shitting themselves but after months of living like that it's just another day in the office.

We got hit by this early panic where people needed money to buy supplies because they thought they won't be able to buy anyhing next week but the stores remained open and mostly well supplied. Now the only difference is that you see clerks wear face masks and gloves and you have to use a hand sanitizer before entering the store.

A few weeks from now people will take their cash out of their wall safes and go back to normal investing, you'll see.

Looks to me like your prediction won't happen anymore because of the pandemic.

People are already forgetting the halving for now and just want survive this one bad event of the world.
Maybe, we could think about it after the recovery.
We are still in spending time. Reliefs are not that much and the government could not suffice what the people need.
But I do think we should still keep our bitcoin.

If bitcoin being considered as safe heaven place then whatever is going on to the economic situation we will see bitcoin price will go up especially with the halving event moment. Most investor will have their intention to invest and they will look for as much as information about bitcoin which I think they will know about halving event and they will buy bitcoin as much as they can. But with one note they must believe that bitcoin is the right place to invest beside gold.

Unfortunately bitcoin doesn't really look like a safe heaven these days, it is still a great one and all but not that much, people are shifting towards something more old school and more reliable as well, bitcoin showed its hand during this pandemic and it is not really all that great unfortunately.

Don't get me wrong in the long term as an investment bitcoin is still better, much better than anything else, however when we are talking about panic days bitcoin drops as much as anyone else and the fact that it can go even lower it really hurts us all because we lack liquidity and have only few billions at most trading whereas stock markets have hundreds at a time. Hopefully this will change one day but I have my doubts and surely some other people do as well.

Just a few questions, the previous result of bitcoin halving the first, and the second halving showing that it has a good impact on the market.
Although the result is quite late at least the market showing a good improvement at that time. Probably it will also happen on this 3rd halving event. Let just see what will happen to the crypto market but one thing I had known, the crypto market is unpredictable.

Bitcoin is not a safe heaven after all, I do not think why there are people who think that it is safe investment like gold. Look what happened recently where the price of the bitcoin reached $3890 per each, everybody is panicking. Due to its volatility I do not see it as safe heaven and we should treat it as a high risk investment.

There isnt any price in the world that qualifies as never going down, if people want a safe haven of that type I dont think they'll be finding it.    Over a number of years BTC is a reasonable hold within a range of assets that everyone should have not reliant on just FIAT as many or quite a few have no other income outside of current job which is dangerous unfortunately as we are seeing presently.
   Safe haven could just mean distinct from other types of value possible to hold, reasonable hold for example is cans of food that will last years and is very practical wealth I think again underestimated especially when consumer goods just go up year on year.  

That is a normal thing to take at least months or year for recovery because this is one of the Biggest crisis world encountered after the WorldWar2 so basically this will affect the economy more after the pandemic has gone but at least we knew that it will recover .

This market is proven to be Growing and falling for how many years now at least 10 years?so what ever this pandemic causes still recovery will follow soon.

You are an advance thinker but as what I notice to the market, they have similarities but the didn't work like that at all because miners are doing their job to earn a profit and we cannot say whether they are going to hold or sell as they are free on what they are going to do to their earnings.

And with regards to price increase it will come from demand usually, though you have a point that the price will increase if the seller will be less and the buyer will keep on coming. But these scenario can be easily altered by big whales as they control most of the supply but with regards to the upcoming halving I also believe that the bitcoin price will continue to increase until we hit the bitcoin halving.

It looks like the market is bullish now, we are not expecting bitcoin will rise but like I said, it could surprise us and we are seeing it now.
As long as bitcoin remains bullish, people will again expect that bitcoin will have more uptrend as we are nearing the halving time and this is the time that we can expect some investors to come in and whales doing what they do best of manipulating the price,

I don't feel the crisis in crypto, looks like we are at the right direction now.

I guess it's already recovering back from the bearish trend, is it? It seems that the bullish and bearish trends seems to go back and forth thus making it hard to predict the next possible price. With the upcoming of Bitcoin halving in May I think almost everyone are expecting something that would make the price to rise which is beyond to my expectations since after the halving it would take more months before we could actually see the real effect of Bitcoin halving that will lead to bull run.