Bitcoin Forum

Here we go the much anticipated price of BTC Halving is over, there were lot of speculations on this but the majority failed, however I guess it still remain stable Even in this tough situation.

So what's next? Will the price go down or it will remain stable or it will pump? In my opinion the price may go down as this COVID-19 has affected very very badly which may cause investors to sell their assets.. kindly share your opinion guys.

Nobody knows, miners still do their usual thing.

Even after almost 1 day of the halving, prices are still within the high 8K. Depends on whether those whales want to realize their profits and start the massive selloff.

what's next? of course it is the actual excitement that is going to slowly start as we will also slowly see the real effects of halving that is seeing about 900 new bitcoins created every day instead of 1800 bitcoin. that is about $7.8 million less bitcoin being sold so if the demand stays the same the price has to rise. and that's not right because demand is increasing with adoption so the rise has to become even faster.
but it probably won't start for a little while since the effects of halving hype takes time to wear off.

In addition, this covid-19 makes it far more slowly as it affect the market somehow at some point.

For us bitcoin holders, every day is an excitement. It's a never ending event. So nothing is gone.

We hope we find a vaccine and until then prevention is the best strategy to save you and your family from Covid-19.  If one is afraid to lose their job and stuffs then it's the best time to learn some skills and find something online. We are moving towards the virtual era very fast. You can do almost everything with the connection of an internet except having real sex 😝

The hype is still out there and even BBC news made an effort to make an article about it.  ;D
https://www.bbc.com/news/business-52628034
Oh! and this forum is also filled with it.
Sadly most of it is about when the price hike will be.

Yeah, it will go down to $3k. With all this hype we can expect that.  ;D
Maybe it will or maybe not. We are all unsure of what the future will bring.
This stability may happen to be because of COVID19 which is still out there.
We should focus on that more. It will be happier if we are all still alive to see bitcoin grew as an adult.

Don't expect that bitcoin price will go up right away because of halving it takes time, If you look on past history of having several months or 120+ days  after and the price started to went up. But it is just base on those past events. We don't really know what will happens next, we can only hope that history will repeat itself. But I have no doubt that bitcoin will reach new ATH soon.  Yes, this covid crisis really affects everyone I hope it will end soon.

Stocks and bitcoin have been correlated a lot. I would say it depends on what the stocks gonna do next because it is a lot bigger market than crypto.

And to stocks make an upwards move, we need positive covid19 news.

If the current situation continues, stocks either go down or stay same at best which answers your question about bitcoin too.

We may feel  another lower price of bitcoin by this month until next month how ever if you  check previous chart of bitcoin for every halving they are always increase the price always when the halving start.

Those economy affected by covid,will not be the reasons for bitcoin to be at his lower price there must be other reasons if these will happen.

Now?
Nothing...
Maybe in one year...
https://masterthecrypto.com/wp-content/uploads/2019/10/bitcoin-halving-price-usd-exchange-rate-values.jpg

Next it's all about patience. And hope. Both things that are painful to consider when you're dealing with your personal assets

If someone was excited about the halvening thinking that it will send the price to the moon the moment rewards gets cut in half, then such people only set themselves up for a huge disappointment. Everyone with the slightest understanding of crypto understands that halvings are largely priced in due to their predictable nature, and it will take a long time to see their effects. So, what happens next is that the market will be slowly turning more and more bullish until months from now we will break past the current resistance levels and enter a new great bull run.

    I don't know what will happen in the short term with the price of Bitcoin, because my investments in BTC are long term. This halving of BTC production should benefit from a price increase, because there are double costs for producing a BTC. But whales have the last word. They most influence the BTC price. I don't ask myself too many questions during this period, I just wait for the situation to be favorable for me.

This should go to the price speculation board.


You yourself have answered your query. In my opinion, no one here knows what will happen next?

All I know after this halving is that the next is in 2024. The demand for Bitcoin will grow but the supply is less now.

If history repeats the price should remain stable and whatever action you were expecting should happen next year.

Too early to say if its going rise when halving had just started.  Adoption is already here and the demands will increase for sure while the supply of the BTC is cut in half. I guess we all know what could happen. Some people expect the price to start growing in the next 3 months but whatever. There is nothing left to do anyway but wait.

I'd put it this way rather, it's difficult when you invested to make quick profits from the halving, as for your personal assets, that's what every investment is about, it's your funds you invested and it's your ROI you expect to sip out of it.

Patience will help, but It's more of investing when you understand what the effects of the halving possibly could be(not only looking for quick ROI)and also take account of what halvings that came before unfurled for investors and traders after they happened. Bitcoin holders/investors from over the years would have no problem on anything that the next few months brings,(post-halving)you know by now those who will panic with FUD already.

Life goes on for miners, traders and normal users alike. The halving hype easily wears off that's for sure, but it sometimes is a precursor of what's yet to come in the coming weeks/months as evidenced by the 2016 halving which set a somewhat slow pace for the 2017 bull run that we all know and loved. Anyway, it's just a day or two from the halving conclusion to already ask for more than what is offered in front of our eyes. More price action would come weeks after the halving itself, so there's that.

You know, no one knows whats going to happen to the price, right? So, asking people what will happen to the price next is useless. Most people will likely feed you with wrong information or just try to "force" their opinion on you.
How about you do your own research? Try to understand who are mainly going to be affected by the halving, what are the things they might do and so on. You might get what an idea about what the price might be in the future.

These are price forecasts for the coming months and in my opinion it will be so:

BTC to USD predictions for October 2020.
In the beginning price at 9293 Dollars. Maximum price $11535, minimum price $9293. The average for the month $10225. Bitcoin price forecast at the end of the month $10780, change for October 16.0%.

Bitcoin price prediction for November 2020.
In the beginning price at 10780 Dollars. Maximum price $11024, minimum price $9582. The average for the month $10422. Bitcoin price forecast at the end of the month $10303, change for November -4.4%.

BTC to USD predictions for December 2020.
In the beginning price at 10303 Dollars. Maximum price $10303, minimum price $8049. The average for the month $9328. Bitcoin price forecast at the end of the month $8655, change for December -16.0%.

Bitcoin price prediction for January 2021.
In the beginning price at 8655 Dollars. Maximum price $10201, minimum price $8655. The average for the month $9261. Bitcoin price forecast at the end of the month $9534, change for January 10.2%.

BTC to USD predictions for February 2021.
In the beginning price at 9534 Dollars. Maximum price $9534, minimum price $7660. The average for the month $8741. Bitcoin price forecast at the end of the month $8237, change for February -13.6%.

Pandemic crisis does not specifically work on Bitcoin.

we do not know for sure what will happen to the price of bitcoin in the midst of a sharp crisis at this time of course everyone needs money to make ends meet. inevitably some of them are willing to sell bitcoin forcefully, if it is done simultaneously by everyone in the middle of the current pandemic it will certainly affect market prices. however, we should be able to look at history beforehand, when bitcoin reduces by half it is likely that there will be an increase after that

The next is holding unto the stash from the bitcoin halve, nothing more than this. There are many speculations about the said bitcoin prices, what many newbies understood abit the said bitcoin is: you can make more mo ey during the bitcoin halve. This made many of them.went ahead to buy during the pre-bitcoin halve which really feels disappointed to them. Don't worry because soon the market will rebounds back slowly and pick  up because of the higher demands this time.

Hold on with your bags a little while as the demands start creeping into the market. Don't be among the panic hands, be strong and hold-on, the excitement continues till the last block be mine from Bitcoin Blockchain.

Whats next? Then people would go back into their normal lives. hehe, I cant say that bitcoin did totally failed but people's hopes or expectations are way too much without even thinking that the price can neither go to that 3
plausible paths which is pump,stabilize/nothing happened or dump. Majority is being too optimistic thats why they do really have that failed impression towards the halving event.

Trying to look at the price where it do somewhat stabilizes in spite of the positiveness of the entire community.We cant still conclude yet because we wouldnt know if there would be upcoming dumps or pumps in
next days,weeks,months or years. No one really knows..

I do agree with that excitement feeling everytime we are heading halving but im not really that expecting much.


Its always been part and when it comes to price actions then we are definitely dealing with it on everyday either on post-event or some sort.

The excitement should begin at this point not end. It's not the coming of the halving that is important but the period after.

The more time passes after the halving the more important it becomes because more coins mined at decreased block rewards enter circulation. It's those coins that will slowly impact the price not the moment of the halving!

Why we always blame covid 19? Is the virus give a bad impact for crypto currency price? I think no. Take a look with the grown bitcoin price before halving, its price only need several time to increase $1500. At least that has pointed out the people here or all people which has crypto curreny are believe that corona virus is nothing to do to the crypto currency movement price.

As for the recent sentiment market, I don't have much speculation. But indeed bitcoin's price has decreased to $8800 before its price touch $10.000 and you should know that halving event will push bitcoin's price going higher. We already know that the cost to open a system to mining bitcoin has been expensive enough, there is no individual miners anymore. It means, to make miners always run to mine bitcoin they need more money to run it and I think they won't sell bitcoin in the lower price and it will bitcoin's price is always increase.

During the previous halvings, BTC price was not even half of the current halving so that's an achievement already for all of us. History shows that BTC never dies even after coming in this halving phase because miners find a way to have more patience anyhow while mining BTC till it crosses the BE level and the curve gets profitable for them. I think this baby dragon needs to be staying near $8k or sub $8k range for a long time if I tell you properly.

The COVID-19 issue does have a bad impact on the crypto market during the time when every government around the world make quarantine a most for their citizen. Although, it also makes weak investors/traders to panic sell their holding and to exit the market.

 
Of course for it was implemented to control market inflation but that does mean the price of the market will start bullish once after the halving.

What speculation? that we are going to hit 5 digits or will there be massive dump right after?


Short term, we might see some dump as there could be some miners getting offline as it is no longer profitable for them. But long term though, I'm still expecting that the price will slowly ramp up in the coming month and we will eventually hit another all time high. But it will take more time. As far as Covid-19 though, we have seen that we are no longer affected by it and global financial markets had adjusted as well. Of course a vaccine is needed, but I doubt that it will have a negative impact in the market in the long run.

We can see today that the price hasn't decrease that much, so for now we can say that we are still in the post-halving euphoria, obviously, more are buying bitcoin even at this price because of the halving effect and the notion that the supply is going to be limited and this could push the price even higher.

Those who have sold their assets because of the COVID-19 has either no choice or afraid that the market will crash very hard. For the latter though, I'm sure they have regret their decision, or probably they get back again that's why the price is still not going down post-halving.

what you mean by majority is failed ? failed on thier prediction? how come when halving hasnt been running for a while .  much better if we will wait first for some time so that we can get the actual result  if price really goes down , stable or increasing . you said it will go stable but you also stated that btc can go down because there is still covid  .  i think i will going to agree more of you in the part where  you say btc will go down  because at the end of thde day halving didnt remove the volatile feature of btc so it will never get stable

I think right now we might happen is the correlation with stock markets will start again and this is not a good thing. I still think we might get a dip in the global markets. This recent rise in the stock market was mostly fueled by new retail traders who opened brokerage accounts for the first time because they were bored being at home. If you look at the Robinhood stats for certain stocks, there were millions of positions (not shares) in many stocks and ETFs. Hence why the stock market keeps pumping almost everyday.

There is an issue with this. There is no vaccine and people lost jobs and these companies on the SP500 will eventually all have bad earning reports, eventually they will be worse than expected and the selling will start. The retail traders who jumped the gun will get fearful and want to get out. However there won't be enough bids and prices might start to crash again.

Then bitcoin might follow and we might get a retest of the $3500 area once again. Not sure if this will happen however keep in mind the markets are very irrational at the moment and so is the bitcoin markets.

The next thing after this is we need to wait for what will happen in this month. Bitcoin halving is already over, but the price is not increased high and seems, the price is sideways mode so everything can be possible to happen. But we also need to be careful because no one can know if bitcoin will be down or not in the next week. The investors sell their assets because they need to have money to buy their daily needs, and we cannot blame that because we will do the same thing if we don't have money.

Start counting down to the next halving? :P

https://i.imgur.com/1V0t7PH.png


Agreed. They never actually decorrelated, BTC just had a blow-off top while stock indices made a lower high instead. Both are threatening technical breakdowns on the weekly chart now, though it's too early to say for sure.

In terms of sentiment and market narratives, I think there is also cause for concern. A theory running through my head is "buy the lockdowns, sell the reopening." The market has been fueled by optimism for what happens after reopening. Now that reopening is here (or imminent) investors will want to see real signs of recovery. The market can't be fueled by nothing more than hope forever as company losses eat into dividends and EPS. The timing of all this also lines up well with the BTC halving, which can easily function as a "buy the rumor, sell the news" catalyst.

i honestly can't remember any time that the "excitement" were over, at least not for any longer than a month. the bitcoin market has been pretty exciting and volatile for its entire existence which is a little less than a decade (there wasn't really a bitcoin market or exchanges in first year or two).
so far we have been seeing a very similar behavior compared to the two and only previous halvings. price has a jump then a small fall before the halving day and then market calms down for a little while during which everyone accumulates bitcoin at a moderately stable price and then as the real halving effects start showing themselves we also start seeing the real rises begin and consequently the next bubble begins.

Did the speculations failed? I think not yet. If you remember the past 2 halving, the bullrun occur almost a year after the block halving. Bitcoin didn't even become stable since.
The pandemic has only minimal effect on crypto space. If the price falls again, for sure It's because of some reasons inside the crypto space and not only with the current pandemic.
Lastly, Bitcoin has always been exciting investment because of It's volatile nature. If you think the block halving is the only reason for the bullrun, then I must say, you're one of those people who wants to become rich over night.

those who fails are those people who exaggerated expecting too much from Bitcoin while the truth is they already knew that the Virus hinders the growth.
Know what?better calm and wait for what will be coming and stop expecting so much,the Crypto is affected of economic crisis lets admit that fact and while we are waiting for recovery then let us not blow the Horn that fast.

I didn't even got excited with the third halving we got from Bitcoin since I know it is all just fuzz and noise created in the internet. You were wrong to expect something spectacular to happen during the halving since the 2016 halving proves that it is just one of those days for Bitcoin to consolidate.


Right now Bitcoin is sitting in another make or break position from where it stands, it failed to retain in the 10,000$ level and not if it fails in another re-test for that level then we will probably go down. However nothing is for sure here since from the previous movements we can see Bitcoin might just retract back to the 8,000$ level and consolidate in that level.

No speculation failed. In normal times Bitcoin should slowly go into bull run that would peak a year and a half from now. But we dont live in normal times anymore. So expect many excitement in Bitcoins world this and next year.

There are at least two types of people who are in some way excited about halving. In the first definitely belongs OP and people like him, who thought something spectacular was going to happen about halving, and the other group are those who have long perceived halving as a technical event that in itself has no effect on the current price.

So what is next now, maybe next halving? Of course not, that's in 4 years - and until then, some may learn that halving and speculating about the price of BTC just doesn't make sense (at least in the short term).

Regarding investors, it is necessary to distinguish between those small (ordinary people) and those large investors. The former may be forced to sell because they will have no choice because of losing their jobs, or increasing the cost of living, but big investors are another story though. They can wait because of the amount of money they have at their disposal, and the way they enter different markets. Bitcoin is holding up well despite the crisis of the world economy, and I think it is very interesting for large investors at the moment.

The next is watching how the market will perform, so it will serve as a lesson to newbies that will flood this forum with questions by next four years about bitcoin halving.

I thought this was when the excitement is supposed to begin, lower block reward less supply.  Rocket ship ignite, no ? ok   :D        Near term the not very interesting point is we have to work through the volume of the big red bar that appeared some days before the halvening.   
 We found the 200 day average as an area of support which leads back to check the trend of ascending highs of this 9200 area then 10k area and the next high should be nearer to 11k if following that same pattern.   9200 coincides with 8 day average which I always watch ever since I noticed it marks a good division between negative and positive phase to BTC pricing leading into medium term.  Revision is keyword at present and we'll see if it can build.

How could the excitement will be over? Like the halving literally just started, now we are doing half the mining we used to and that is the real exciting stuff isn't it? I mean am I missing something here, were you guys waiting for the BLOCK that had the halving?

I was honestly waiting for the halving as a general, like from now on we are half of what we used to mine and that is the exciting stuff for me, I will be excited about it for the rest of the halving until the next one which at that point I will start to be excited about that. If you guys were excited about the block, I don't know what to tell you guys, like one block can't really make too much change, we didn't just dropped from 12.5 for one block, we did it like for good, until the next one, so this is a long term thing.

What speculations failed exactly? The halving is just a moment. The effects of the halvings are felt in the months and years after they occur, not in the moment they occur.

I expect what normally happens after halvings occur, a general uptrend in price for the next couple of years leading to a FOMO exponential bull market situation followed by a deep and brutal crash, as has happened every market cycle. In the short term I expect business as usual: bitcoin goes up sometimes and bitcoin goes down sometimes, the effects of the halving will slowly build, as of right now it is a very minor effect.

We don't need to be hopeless about this case. The dump is not really hard to think that the drops will longer to stay and for sure pumps will come after.
The halving isn't making the price surge high, well I'm not excited to it because in the first place and even the previous halvings never shows such a pump.  Eventually, we gonna saw it after halving and that was seems to be exciting to see.

Nothing much. We still do the usual things. We still wait for the massive pump and we still hold our coins. Others say it will be few months before bitcoin will have a huge pump. We can't really say when, the halving was already finished and it was also my first time seeing how bitcoin will react into this halving thing. But I am so optimistic about it.

Looks like the Run is starting mate because Bitcoin is now growing almost %6 in 24 hours time meaning Halving effect is going to be indeed right?well early to say i guess.
absolutely there is nothing certain though we must trust the Bitcoin for us to taste the profit because the longer we wait is the higher we can earn.
actually this is my second time because i have been here last halving and i will tell you that there is a Huge effect that people misses to think that growing will forever.

Although nothing much, I am happy to see bitcoin price now can back to $9,400 level and still trying to break another high price. The moment for bitcoin price now is good, and hopefully, it can still go up to the higher price. I guess bitcoin price can break more than $9,500 or more at the end of this week so we might have a chance to see $10k will be coming in the next weeks.

I wouldn't say that those anticipations and speculations failed. It's too early to say that because we're just a few days far from the halving day. Most of the speculations say about long term with bitcoin and that's what you should look at.

And with the connection of covid19, it didn't affect bitcoin badly because instead of dropping, it has recovered that much from the March sudden drop and yet it has recovered up to this day.

Excitement will continue for at least a year, people will continue to talk about how miners are not making as much as they used to, plus the price will continue to increase the less people are selling and people ARE selling less since there is less mined.

I don't know how much people are trading bitcoin per day because there are so many fake volumes right now in the world that I don't know which one is actually real and which one is fake, however I am pretty sure the amount we are not mining per day means to something eventually. Hence how could the excitement could be over when halving continues, the drop is over and now we are mining half, but we are mining half all the time so that means if you are excited about the halving, you should still be happy because its still halved.

What kind of speculation failed? because even after halving the price becomes more stable and precisely the price continues to rise slowly, so I guess this kind of movement doesn't mean a failure, but if you assume halving will make the price jump so quickly, then obviously it's something wrong because halving itself does not mean something that will push the prices for bull run. Indeed, the current situation or this year does not seem to be making any major changes to the crypto market itself, but at least the market so far has recovered even better so I am personally confident if this pandemic does not have a major impact on the crypto market, let's see what which will happen at the end of this year because that's when the changes will occur.

Now it takes alot more patience in development, it'll be a year for this effect to stretch its legs most likely.   I always like the image of a bull whip, the lag in the length of a rope represents the interconnectedness of events and in the final move we hear the crack of the final rapid movement; this is a long way off.
   The actual change is the start if anything I do agree, but its the end of the anticipation and actual movement of events takes alot longer then the hype of speculation.    In market effect they are two different moods or seasons, we'll have to wait alot longer then 3 months or however long this pre halvening had in effect towards the price.

Whats next is working through the old pricing and market finding if its bullish enough to pass through or needs more time.   We seem to be putting in a new lower high though the weekend might disrupt this formation, check back Sunday evening to confirm.  If its lower still then and holds then we check back on 8000 area maybe, it not up then double check below etc.

And we should really be grateful with that on where the market hasnt been heavily affected in spite of the crisis we are facing on.
The common mistake of some people is that they do hope for instant results and when things didnt happen on what they do anticipate
then its no surprise that they would say up these things that we already failed or some sort without even tending to try to look
at on what totally happened in the past.Lets wait up for long term because price movement on gradual aspect is more appealing
than to see huge spikes in an instant.

Even though Bitcoin price won't go that far beyond $10k but then, I was still satisfied with the market performance. From $10k down $8.7k during halving, not really bad for me (and I hope the other will do). And now, we are hoping to see the passive impact of bitcoin halving. We are looking at how it performed the same in the previous halving where it surges high a year after the event.
Hope to see Bitcoin price at $12k in the 4th quarter.

Bitcoin's price is in the roller coaster motion. But as you said, it is already doing good, and now we are more than $9k level. It shows that bitcoin has really solid ground to be in this price level. Many were predicting that it will go down below $5k but here we are trying to reach the $10k again. And yes, I really do hope that we will surpass the $10k mark very soon. Bitcoin has proven that it can withstand a lot of struggles far and beyond.

And they made a wrong decision right? Bitcoin's price was up after we seen a huge dump even its price can back to the original price before the corona virus came. The quarantine regulations from every government should make the people aware to bitcoin even they have a free time to gain money through their investment. They can make it for trading place to help their need and buy some stuff which required by their family.

Have you happened to notice the excitement going on in the rest of the world at present? The chances are something will come out of that that'll reverberate heavily through cryptoland. It could be good or bad but whichever it is it's going to be impossible to avoid.

@gentlemand. What is the excitement? Reopening of the world after the coronavirus? It might be another occassion for disappointment, I reckon.

In any case, the next source of excitement and hype on the cryptospace is the pump of Eth 2.0. It might be bigger than the halving hehehe.

Nothing much. Keep trading and watch how BTC ascends to another ATH by 2021, if everything goes as planned cause of the effects of the halving that is. It's always pretty exciting tbh, mostly because of the price of BTC changing almost every day. Whether it actually be going up or down, you'd still have your hearts beating quite loudly at that. Not to mention that the road to 2021 is long, and there might be more news that might make the papers by then, which makes the wait all the more worth it. You can basically see BTC right now just steadily being traded, slowly going ups and downs. Hopefully, it follows the rest of how the past halvings went, so really, wait for next year.

In terms of speculations, related to halving or not, the majority always fail. That's funny but that's so true. Even those who are very popular in the crypto community dropping off some price that Bitcoin will hit with a specific range of time are failing.

I think the price will remain somehow stable within the $7,000 to $10,000 range and then rise beyond $10,000 after the halving effect has sunk in.

Bitcoin is going to get extremely bullish any moment from next month but in August to November it is going to slow down. However I am expecting next year to be a bull year as it has been happening in the past.

It's the world of normal finance going bleedin' loopy in response to the world falling off a cliff. Money as we know it will be even more stunted and warped than it was before all of this kicked off. Who knows what tricks they'll pull out of their bag to keep the plates spinning.

That's going to have an effect on BTC one way or another.

the halving is over but it seems like the excitement is still here, at least I can feel the hype because bitcoin is still bullish at the moment.
Though bitcoin fall a bit but I have a feeling that it will not only bullish pre halving but prior to halving as well, I am betting that bitcoin will pump to $10,000 again.

A price increase of Bitcoin within the next months??

This is what most of the people are predicting since it is what happened in the past 2 halvings of Bitcoin. After halving it went sideways and it took around 6-12 months before it spike up again but followed by a huge candle going down.

The hashrate right now went from 121M TH/s to 111m TH/s so it affected the miners for a bit but I will be sure that there will be more miners that will mine again as the price of Bitcoin goes up. After the halving Bitcoin remains above the 200 daily MA which is considered a strong support right now and as long as we don't go below that line, we are in a bullish phase.

the only people who will lose excitement are the ones who sold their btc and hasn't yet bought back because the expected dip didn't happen.  it may still come if nothing happens while the pandemic is around. crypto is full of thrills and excitement, you lose them both when you lose your coins.

the next to watch out is the effect of halving. it may come after months, some users says we can reach the ATH by next year.

People who have followed the before 2 halving would have observed that after the halving for the next 1 year if compared after halving the bitcoin has given a good positive result in terms of rise. So actually, now the show has begun and better to continue buying on dips for a good returns.

i dont have coins now and i have sell before but why i still feel excited ?  so i think this excitement are also happening now to people that doesnt have coins as well. sure halving is done and its effect but there are still after effects that will possibly happen .

 just like when there is an earthquake , high chance that tsunami will occur too . so im expecting a big pump that will happen on btc these days. .

I thought this post was dated March when the pandemic is just starting out, only to find out that it is just a week after the halving when things are getting better, the market is doing good now compare to what it was showing two months ago, and it will continue to get better, now that the vaccine is in testing period, so be positive.

I think that the emotion never ends in the Bitcoin market, the Halving effect is not immediately, we must remember that the times we are living are somewhat complicated, however it has been shown that the Bitcoin market has a very low correlation with the Other speculative markets, for now what turns out to be smarter is to wait and hodl Bitcoin, because the chances that the price will rise are greater than it will drop.

The price represents the emotion of the traders, that is why there is a downtrend and uptrend it is all because of the emotions which is greed and fear. Before the halving happened, I saw many posts related about it saying that the price of the bitcoin will increase but look what happened to its price today. Their emotion which is excitement leads to hype that causes them to have expectation that is really hard to achieve.

Let's all pick any number of random things to hype, and then enjoy the dud when it arrives to a fizzling of disappointment and letdowns.

ETH 2.0 is 2021 though isn't it? And that's not just a halving but a quartering at least. Probably just in time for the next Bitcoin fomo super parabola rally to break ATH by 1000% at first attempt.

See how easy it is to hype shit?;)

hope has been reached if you buy it at $ 3800, and sell it at $ 10000, because when the price plunges to $ 3800 Bitcoin is still counting days for Halving, of course it makes whales buy and the results are seen increasing more than 100% before halving, FOMO starts to disappear after halving, but don't worry, there will be more surprises in my opinion

The feels of getting FOMO'ed specially on halving event is normal where people do really think of for some skyrocket movement of price which we know that
this isnt something that do happen even if we do base up on what happened in the past when it comes to halving post-event.All would really be known
after several months or even years where we can tell if it did really have a significant impact or just still the same since we are moving on the same levels
or shall we say,theres no improvement of price in a span of time this is why i did switch to become an active trader so that i wont really be ending up
on holding assets just waiting to make some small percentage gains.

My opinion will not be original - I believe that now everything depends on how the issue with the virus is resolved. The global economy depends on this, and crypto depends on the global economy. If a collapse occurs in traditional areas (a lot of signs indicate that it will be so), this will directly affect the cryptosphere and I think that here will be more deep fall.

2 day average is currently overhead this weekend, I'm looking to the greater conclusion which is the weekly bar and how significant is it if we appear to be placing a lower high.   I'm certain it taking place but for now theres some question if we are bearish rather then ascending as we have done since mid March.

https://talkimg.com/images/2023/06/12/A5DI3.png

Seems like a fairly decent pattern call to me, though both these boundaries are very light as its just an indicator or moving average I still attribute some significance to price maintaining a distance between them (indecision).  I'm interested to what traders take on recent action is, I always examine bars on 1 hour  4hr  daily then weekly for each time frame of influence they have.
  My rough take is weekend has us in the clouds and we'll see if its really going to rain next week, the reason it does matter is how it ties into the larger picture so the story goes on.
 

The price is not on its dip yet, if we will buy starting from now and expect that the price will rise next year, then I should wait until bitcoin will fall again and it's possible that after this hype, bitcoin will start to dip again, that's the trend, I'm sure it will happen again.

I hope your excitement won't let you down when your expectations failed because after the halving the market will continue to flow just like what it was when the halving is just an expectation. I will be surprised if bull run occur this year but I expected it to happen next year following what is the casual movement of the market after halving in the past.

Agreed. I reckon America's final trick would be to begin sailing some of their military warships in the South China Sea to begin something that might not be exciting news for anyone. It will keep the plates spinning, however hehehehe.

To be honest, i do not think the speculation failed, the inevitable happened, alot of investors rushed to buy bitcoin because of the halving, and anyone expecting influx of buyers and bulls immediately after the halving is just having a mere guess game.

This is not the time to sell investment, this is the time to dyor, stick to the solid guns and prepare for the bulls season.

Actually bitcoin lovers are always excited about bitcoin price, no matter how much bitcoin, owned by them. But it's disappointed seeing no Principal movement happened after end of halving. But around at $9500 is not a bad price during this corona. Maybe havling start showing it's effect after end of corona

I will favor more discount. because if you look at the chart of BTC it has grown continuously on the weekly candle and I have never seen this happen. that will lead to overbought and a correction in prices will take place soon. We should accumulate USDT and wait for the price of bitcoin to fall to around $ 8k7 and $ 8k2 to buy.

Still there is no clear sign whether the price will move upwards or in the downwards, it just keep dancing for now from $9300-$9800.

Hope it will clear the barrier of $10K resistance level soon.

There are a lot of people that do not wait for the price to go higher than 10k.
We reached two times this level once before the halving to happen and one after. In both times people started selling and the price dropped significantly. We have to wait for a new resistance level to be created.

Depending on how you see it.

Sometimes as an investor, we are looking the same thing but we are seeing it differently, and just like a trader, we may have different interpretation on the current price movement, that's why its called a guessing game as no clear sign but we keep guessing.

   It's a guessing game for traders and speculators, for us long-term holders it's just daily volatility! I don't bother
myself with that, and I don't agree with the headline! Excitement is not over, in crypto-currencies you have big
rises and drops every month, but this halving made many people to excited, in my opinion it's just FOMO. Most
of us here that true excitement will be next year.

is international waters, its China who is making proactive moves in that situation.   Might be a good analogy for the wider picture, whether USA realises or not they benefit from the status quo and so are unlikely to change it.  However factors like this virus are natural and reoccuring inevitable events that upset the order.   Its probable China does something sooner or later and hence thats the excitement of another type on a macro time frame.   This year I dont see as that exciting vs the ones after.

don't expect too much for bitcoin right now, because maybe the price of bitcoin is in that zone,
it's better to see altcoin. And enter to the altcoin now

These are the key levels and sooner or later bitcoin will move up or down from these levels. I do hope that it moves up and crosses the 10K level but i don't see much TA / FA which supports this. I think bitcoin might move and test 7.8-8K level and then start another move upwards.

There are certain things what we can call surprise and bitcoin always doing that to us so although there's no support for now but provably the demand will rise since remember we are still on halving which creates a hype and .any people monitoring the price so we should expect that there are good things will happen these days.

are you joking?you are pushing people to invest in altcoin instead of Bitcoin
 specially in halving season?Of course still Bitcoin is the
 best for investing and may the altcoin is added in case we needed to
 decide buying.Look now Bitcoin is starting to rise again
 pricing $9,700 and more we might not see that 10,000$ again and besides
 this is halving season and eyes are for bitcoin first to
growth before altcoins.so before investing in alts better think of it first to at
 least make bet on bitcoin
and just add some altcoins.

Price keep dancing on a particular price range for longer is the best time for a trader to get into their skill play.Only in long term we yet to find how the price get moved in my opinion it will be stagnant for a while then it will be pushed upwards towards end of this year.

It was expected to have that market correction after a few pumps. In fact, we drop below $9k during halving but look at how it changes after the dump? We are already heading up to $10k which I think it was the effect of the decreasing numbers of miner today. It was in a big opposite scenario which I think that it decreases as hash rates are slowing down.
Anyway, it was looking great but I'm not really confident that this will lead to bullish, instead, I was thinking price manipulation with the miners. I hope I was wrong...

By around 2021 we are going to have another hype out of nowhere and that is when people will realize why the excitement could still continue forever. This wasn't one time deal, I am really shocked that bitcoin wasn't even going higher, I was expecting over 20k because bitcoin is a lot more valuable right now. Do you understand how valuable it is that we are not making as much bitcoin per day as we used to?

There will be a moment when bitcoin will be a lot more valuable because people are not making as much bitcoin as they used to from mining yet the price is not really that much. Are they still making a profit? If they have low bills and the cost is low, plus they need a good machine that is newer as well, if all of those really happens I am sure they still profit but they used to make a lot more.

I guess price will stay on this range for quiet long time till the economy catches up to the losses and again starts to grow. Till then I believe the price will stay in this range plus minus $500.
Also most of the people who had to sell their bitcoins  have already sold them and now as the lockdown is slowly lifting off with some restrictions the people will start accumulating again in a few months or so.

To my opinion the price will continue to fluctuate.
I don't expect that it crosses 10000$ barrier, at least not so soon.
Many are disappointed because halving didn't bring ecpected huge price growth but if you ask me that wasn't even realistic. For a while price might stay in the range of 8000$ to 9000$ and how it will move on this time will not depend only on developments in crypto market but also how the global crisis will develope.

 ;D Do you think that a situation is possible when there is a "clear" signal where the price will go? This is a market, and here there are a lot of completely different factors that cannot be predicted/calculated. And as you can see, the price was already above 10k and after that it just as easily dropped below this level of "support".

As I said still I don't get a signal whether the price will move up or down since it just hanging in the price region.I thought we will go back $8000 immediately after the halving but it is yet to happen so still waiting for the price movement in the coming week. Hope it will be a green signal. :)

However, what is the status quo for China? A large area of the South China Sea is not international waters according to China's 9 dash line claim.

Also, your post is confusing. What is your point?

So, do you expect significant growth only after a temporary drop to 8k? Correct me if I misunderstood you. In any case, fluctuations in the range of 5-13k in whatever order they occur will not be something special. We have seen many such movements even without events like a halving.

That's just a small FOMO if there is really a FOMO, we've surpass that $10,000 already last year, so it's not a big thing that we rise at that level and therefore bitcoin is not likely going to dump, it might be stable this year but hopefully there's some big improvement we will see this year from last year.

Lets be clear about how much we have gained last year and that is $14,000 and not just 10,000 so this amount is only peanut if the market really needs to pump this year again specially with us having the Halving effect.
So many countries that claiming in that part one of them is my country ,so this issue can be tackled via international law and body not here in forum lol.

Breaking the $10,000 resistance maybe a clear signal for you right? Since Bitcoin is struggling to break that figure base on the price movements from the past couple of days going back and forth from that specific range you've mentioned.
Still, the market remains unpredictable even If it will break the resistance or fall to a support level.

At least bitcoin did not dump, so I guess it's any time bitcoin could pump to $10,000 again because it was stable at over $9k range in the past few days. I did dump a bit after the halving, but look at the price now, what's the reason why it's still pushing uptrend, maybe we can consider that bitcoin is due for a rise post halving, but like you said, it's very unpredictable but let's just continue to believe as bitcoin is a kind of asset that always surprises us.

We've lost the 2 day fast rush meta, its inevitable when it fails to pass the 10k like it has previously.    Now more importantly its challenging the whole positive phase and if failing could lead to a more serious set of selling then just the normal back and forth.  I'm willing to take a gamble its on a wider negative path if we can pass 9500, then 9200 prior action leading down to the most recent significant bottom which is 8000 or the 200 day average also now the 50 day.