Bitcoin Forum

Bitcoin Halving 2020 is set to occur on 12 May 2020, but with ongoing fluctuating scenarios on various fronts makes me sceptical about the future market situation.

I've already created a topic about this, that has juuust "a bit" more information and details compared to this one.

Topic: The Bitcoin halving's 3 possible scenarios. https://bitcointalk.org/index.php?topic=5245917

I want to say that this article should be read by everyone who is now afraid and skeptical of bitcoin.

Price is looking good at $9680, I think in a few months when the halving has taken full effect we could see a new yearly high. I’m calling $15,000 by the end of 2020.

Very likely.
I have very different feeling this time than the last and after the halving, there's an immediate after-effects that we are seeing. I'm positive that before the end of the year, we might hit that price you've given or a better price.

Even we can break the ATH (All Time High) if the current pandemic decrease because people/institutions are having more interest in bitcoin even in this situation. Also keyword of "Bitcoin" in google trends are rapidly increasing.
Whenever it's increase in google trends that indicate more people are having interest in bitcoin. If this is continuously increased than it's sure that can easly break the ATH before year ending.

I guess it's not about the pandemic anymore.

When the pandemic occurs, it goes down to $6,000 from $9,000 peak but now it managed to go back and be stable on the $9,000 peak. The current bitcoin market is running smoothly and probably it will go high in the Q3-Q4 with or without the pandemic.

The result of the halving may not be ideal for the most of us since we are expecting to to hit a new all time high after the halving but man the price of bitcoin now is already high compare to its chair on the past months.
Maybe another reason why bitcoin's price is not that increasing so much is because people now are valuing alternative coins too, Coinbase said that there were 24,000 bitcoin withdrawn from their platform before the halving and users are diversifying their portfolios.

The movement will be quite good going forward because the effect after halving is always increasing its ordinary so I think more positively about bitcoin where fluctuations continue to occur in the market today.

We will even spend $ 10,000 in the next few weeks because the graphs are good enough, but for analysis I don't really understand, but I'm sure at the end of the year.

Hello guys anyone know what is the price of 1 btc will be in 2022

Why do you think there would be someone over here who would know what the price of bitcoin will be in 2022? No one knows what the price will be in 2022. If someone tells you he knows what the price is, he is just lying to you.
You know, if we knew what the price would be, we all would be rich by now.

Am not sure the price can be speculated because the price of bitcoin has been confirmed that , nobody can really forecast the price of bitcoin. Many times they have been speculatives about the price and bitcoin will come up with a different price. The only thing I assume here is: we are likely to see a good price in 2022 but in my opinion, we might see $10,000 because the price of bitcoin is expected to move positively towards the end of 2020 and obtain it all time high in 2021 before the price fall again. Then, after this price fall, this will continue till another Bitcoin Halve again.

Unless that person has the crystal ball to predict and see the future.  :D

I think everyone should move on now, halving is completed. So it's about time to see what it will bring to the market in months or years. @mk4 posted 3 possible scenarios, and what we can do is that the scenarios will be on our favour.

If you ask now, price wont change because its already priced in.
After people will be dissapointed price isnt rising, they will sell, so price will go down... then slowly will go up higher than its now.
This is my prediction.

if you see halving # 2 (July 2016) then it will definitely be followed by an increase in the value of bitcoin. but all of course requires a process with a tiered rise and a peak occurred in 2017. I agree with the colleague above. if the opportunity of many people who sell then that time could have risen faster and the opportunity that we must accept will just disappear.
be patient and the possibility is always there and very reliable.

It's not always increasing that's why I've said that I have different feeling this time. Because the last halving that we had it's not like this, there's a very slow pacing during that time and many didn't actually thought of all time high by 2017.
This scenario is no ordinary base from the halving that I've seen and that's why it's quite strange but also exciting at the same time. Just don't be too excited and happy in the short term because there's more in the long term.

It's a surprise when suddenly the price rise up so gard and many though that it will continue but unfortunately when 2018 cames the dumping stage comes so hard so for sure this thing will came so maybe we shouldn't expect to much especially these year there is a big loop since the global recession is going on due to the virus.

Probably it had came already or that could be the first wave or batch that we're expecting as a pattern to 2016 after halving and also to 2018 after bullish period.
The month that I'm telling was the month of March just a few months ago. The drop was rapid and many have expected that it has to drop til' $3000 but luckily it didn't.

All can happen, but how can you say it just think without analyzing? Anyone can say, but please give me your technical and fundamental analysis. This will certainly have a good effect on the market and not just FUD. ;D

I think that in a few months the bitcoin will get the real pump, this period will be so precarious but in the end it cannot fail to rise in price. At least that's what I hope, what everyone hope!

Going by the last halving and the time that price bull, we still have time till the end of this year. So I support that $15,000 or more could be the price at the end. More investors are coming to invest and that means the possibility of an increase on the way.

To be frank, this is my first Bitcoin halving since I joined the cryptocurrency industry.
 And I had this silly thought that the price of Bitcoin will be slashed by half, until I looked it up, to understand its true meaning.

 

The mathematics and the trends are showing prices going up. Lately, it is the stock to flow theory that shows prices of up to 288000$ at the end of 2021.
I believe Bitcoin is more mature now than it was back in 2012 and 2016. You can't expect 3-4 digits % upwards. I believe we can see a lot of North, but this should be 2 digits until the end of the year, possibly 3 low digits until the end of 2021.
Also, I am not sure about the inflation theory (FED printing -> BTC going up) because we see so many commoddities going down.

If there are people who are skeptical about bitcoin, it means that the person doesn't understand about bitcoin. For me bitcoin is the future,
then I believe that after bitcoin halving the price of bitcoin will continue to rise. Even my prediction for bitcoin later this year could reach $ 12k.
But the peak bitcoin will reach the price of all time high in 2021 according to the results of my analysis. So hold the bitcoin that we have,
and if you have more money you can buy bitcoin again. The more bitcoins we collect, the greater profit we will make.

Obviously it will not go up immediately, a few months will pass. if you look at the other halving it was just like that!
In reality what changes in halving is a long-term thing.

So now don't worry and hodl :D

On the day of halving, we make a lot of expectation that the market price of the coin will rise up immediately but it fails and many people bought a lot of coins because they know the what are the possible outcomes of the bitcoin which increases the price rapidly because of the halving but as did we expect there is nothing changes it is just quite normal.

After a few days and weeks the market price of the coin rises up unexpectedly and it is already coming out into over 10k dollars which is a huge market value right now but this is just beating the resistance and coming back to its a stable state. The coronavirus does not have affect to the market price of the bitcoin instead the people use this and become a safe haven because it is safer than the use of the paper wallet. As now we are expecting the bitcoin will now beat the previous year market price of 13k dollars and as we did except it will now back again into the lowest market price over 3k dollars.

But then there's the methodological problem of determining the cause and effect. When the day after the WHO's announcement that COVID-19 is a pandemic Bitcoin fell down hard, there was little doubt that these two events were causally related. Yet even in that case there was place for arguing, and I think the announcement did not directly affect BTC. It triggered people, their felt anxious, decided to sell various assets and also Bitcoin just in case. When months pass after halving and, say, Bitcoin suddenly does up rapidly, there'll be even more various events that could be linked to its growth. So would it be justified to say that it's halving that caused the bull run?

Maybe more precisely the situation this year with the pandemic made some people pessimistic about the crypto market and even in many other sectors, but after three weeks passed after bitcoin halving we at least got a good rally yesterday about bitcoin being able to break its resistance at 10k and that is something a good sign if the situation because of this pandemic does not affect or hinder the market to go up.

We have been waiting for the halving for 2 months. I am not sure that this will happen now, but in August, it may be so.

it seems like what the corona pandemic fears will erode the crypto market is not proven at all, although it is possible for a new project to grow, it is clear that the corona pandemic is very influential although not much. some require additional time to wait for the pandemic to subside. but overall the crypto market is very good with bitcoin being able to break through $ 10K, although it doesn't take long to come back down. but overall bitcoin can still survive until it not falls at $ 8K and stays around $ 8K-S9K long enough.

bitcoin is expected to move up at its peak next year according to the predictions of halving ago where bitcoin takes one year.
maybe the next few months will start to look bitcoin will move slowly to reach its destination.

It is noticeable that whenever halving event had taken place an increase in the price of Bitcoins observed. Right now price of BTC is stable but I think by the end of 2020 price of 1 BTC would be around $15k. There are many predictions that the price could be $100000 within next 12 to 18 months but it seems impossible but lets hope for the best. Raoul Pal who is a former Goldman Sachs hedge-fund manager claimed that the price of one bitcoin could reach 1 million dollar before the next halving event.

Do you think we will see again the halving of the bitcoin?

If you are really into bitcoin halving effect then you must learn that this is just a over night scenario because there are a duration of waiting,it can take months or even years before finally revealed the true effect so basically?if you are not ready on this then never invest in Bitcoin instead choose shitcoins that can grow in an hour and drop in a minute.

It is very difficult to be able to know the price that the bitcoin coin will reach, as it is an unstable currency and is witnessing continuous fluctuations, therefore I cannot give you. However, we are likely to see price rises at the end of this year

Yes, it’s still early to be talking about what effect the Halving is going to have. It’s not going to kick off and start happening immediately, it takes time before it starts happening. The other ones that happened in previously triggered massive bull run in 2013 and 2017 respectively, should have taught us some things by now. We should know now that it doesn’t just go boom and all of a sudden prices are up.

It takes time before things matures to what they are meant to be. And this year has been really something else, from one thing to another. But I pray things get better with time. To experience the real consequence of halving 2020, we must need the ongoing pandemic to be settled down. Because only after that we can expect investors start thinking about adopting cryptocurrencies.

Before we go to that price, bitcoin price will be change, and I think it will still up and down, and give more surprises to people. Only people who are ready with anything that can survive and use the chance to buy and sell or even to hold bitcoin for a long time. The bitcoin price will be more than $20k, and we will see that price again.


You don't need to worry because if you see the last halving, bitcoin price does also not increase in a short time after halving. Bitcoin price will increase at the right time, and the investor will be interested in buying bitcoin at that time. We can prepare from now on while bitcoin price does not increase, so we can have the time to see the price start, and we will be ready to sell at the highest price.

In the past halving, there isn't really much effect to the market price of bitcoin, usually, the effect took place after a year or two. But with these halving, most of people still believe about the hype of market price increase right after the halving which is for me is not true. Miners aren't selling bitcoin right after the halving with so much increase in price. What makes the price fluctuates is the people creating hypes. This hype is what people believe so they buy bitcoins and see a short term price increase.

Right now, bitcoin is still not moving and it is still in a $9,000. Before the month of June, it reached $10,000 but after that there's no improvement in its price. The hype about the bitcoin's price after halving is not a guaranteed price for a long-term profit. We should not rely or trust on halving if we want to earn huge profit in bitcoin, the only thing that we need to do where we will have a good profit is to patiently wait for the right time to buy and sell. This pandemic really makes it price to become passive, due to economic crisis that we are experiencing right now. We also experienced recession these past few months including this month. Hoping that the next halving in 2024 will become successful with the bitcoin's price.

please note that any significant halving movements will occur a year later, not immediately after halving there will be improvements.
but it must also be remembered that in crypto there can be changes that we cannot know about.
I have these details when halving happened in the past so that it could be a reference.

Halving November 2012 ----> December 2013 peak increase.
Halving July 2016 ----> December 2017 peak increase.
Halving May 2020 ----->

how many changes will occur in 2021, a lot of speculation and analysis are circulating. but whether it will happen, all the time also determines.

We need to wait at least few more months to see if the history will repeat . If bitcoin will reach the same price 2017 highest peak then there are more chances to see at least $50k/btc in 2021. But as you guys said the second pandemic wave might affect bitcoin again like few months ago when covid started.

I think if the Covid-19 pandemic never happened maybe now we will see the price of Bitcoin will soar high after Bitcoin Halving. but unfortunately BTC currently only lasts under $ 10K. years 2021 may be a determinant of whether Bitcoin Halving really will to affect the price of Bitcoin or after this pandemic ends. I hope Bitcoin will rise again like in years 2017 ago.

July 2016 to Dec 2017 is how long it took for btc to do a run.

although by sept 2017 we had moved up a lot.

so based on those moves may 2020. should be july 2021 oct 2021

not now.

it was around 700 july 2016

it was about 1000 jan 1 2017

it was around 4000 sept 2017

it was around 19800 dec 2017

I agree very much with you, we will notice the change in price not now but certainly in many months (if not in a year, i hope).

There may even be a price drop due to the somewhat peculiar situation of the markets that have gone mad due to the covid. We need to wait 2021

There is so much talk about halving of bitcoin that it is already increasing the popularity of the upcoming process. Most likely this will positively affect the price and it will go up after the halving. It seems the most logical in the current situation.

Bitcoin, which has already more than doubled in value to over  9,000 is expected to rise further by 2020, with many investors calling the next great one Ewing. Halving is used as a way to prevent inflation from declining bitcoin prices Bitcoin prices usually rise after halving. This halving occurs once every few years since it has risen by almost half its massive demand will increase in the future.

Going by the last halving and the time that price bull, we still have time till the end of this year. So I support that $15,000 or more could be the price at the end.

The term “halving” refers to a programmed-in event in bitcoin's code, which reduces the reward per block mined by 50% every four years to control inflation. Bitcoin halved on May 11, 2020, around 3 pm est. A Bitcoin halving event is when the reward for mining Bitcoin transactions is cut in half. This event also cuts in half Bitcoin's inflation rate and the rate at which new Bitcoins enter circulation.