penetrak
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May 08, 2020, 02:40:30 PM |
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It's just like you say, before splitting a block from 12.5 btc in half, there's always madness and people are buying for a lower price. I don't think bitcoin drops after splitting, somehow sharply. I think we'll wait a little longer for ATH.
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bittraffic
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May 08, 2020, 03:36:13 PM |
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It's just like you say, before splitting a block from 12.5 btc in half, there's always madness and people are buying for a lower price. I don't think bitcoin drops after splitting, somehow sharply. I think we'll wait a little longer for ATH.
We're very close. $10K is a hand reach away. The madness and the boredom in lockdown made this all crazy. If the new ATH really will go up to $50,000 as some speculators had said, I wouldn't commit the same mistake I did the last time the bulls are here. Do you think there will be a correction after the halving?
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Findingnemo
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May 08, 2020, 04:37:58 PM |
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We already reached 10K and few days remaining for the halving event, now the speculations are happening about the dump on the market and there is a possibility as well but thee cryptocurrencies move in the unexpected ways most of the time so we may expect a price surge even after the halving as well but towards ends of this year we have some positive adoption rate in the market which will bring the prices to next resistance level.
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TheGreatPython
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May 08, 2020, 08:09:59 PM |
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It's just like you say, before splitting a block from 12.5 btc in half, there's always madness and people are buying for a lower price. I don't think bitcoin drops after splitting, somehow sharply. I think we'll wait a little longer for ATH.
That is the thing about the all time high, just because we believe that there will be a pump and there will be an increase, which means we are all bull about the price, doesn't mean that price will go over 2x in price. Right now it is around $9.9k and that is fine, x2 of that is about 20k, that is all time high, sure it is quite close. So, we are talking about bull versus all time high, I do not believe bitcoin will drop, I think it will go up, I think 12-14k levels are realistic after the halving, but all time high is just way too much right now. Plus it is not even about x2, we dropped to 4-5k just recently and already did x2 if you look at the right places, but moving from 4.5k to 9k is different x2 compared to going from 9k to 18k, those are very different.
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Distinctin
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May 08, 2020, 09:33:26 PM |
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We already reached 10K and few days remaining for the halving event, now the speculations are happening about the dump on the market and there is a possibility as well but thee cryptocurrencies move in the unexpected ways most of the time so we may expect a price surge even after the halving as well but towards ends of this year we have some positive adoption rate in the market which will bring the prices to next resistance level.
We only have two either it continues to move high or market correction will follow. But it was more on the positive side knowing that the past two halvings as an inclining market price after the event 6months onwards and that possibility has been kept. But of course, we can't be of a hundred percent that the market turns like that because of having a lot of factors that could change the chain. Only we have now is just a hope, as all know that we can't see the real happening in the coming days, not even we show a strong resistance today will also have to see in the next 6 months. Things have to change.
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stomachgrowls
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May 08, 2020, 09:41:04 PM |
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We already reached 10K and few days remaining for the halving event, now the speculations are happening about the dump on the market and there is a possibility as well but thee cryptocurrencies move in the unexpected ways most of the time so we may expect a price surge even after the halving as well but towards ends of this year we have some positive adoption rate in the market which will bring the prices to next resistance level.
We only have two either it continues to move high or market correction will follow. But it was more on the positive side knowing that the past two halvings as an inclining market price after the event 6months onwards and that possibility has been kept. But of course, we can't be of a hundred percent that the market turns like that because of having a lot of factors that could change the chain. Only we have now is just a hope, as all know that we can't see the real happening in the coming days, not even we show a strong resistance today will also have to see in the next 6 months. Things have to change. Everything would either have some change or would definitely go in the same track just like on previous years.Im not a holder or some sort and when the time where the price hits up on 10k levels then i did basically sell off my position and securing profits in short span basis. Incase if there would be some post-halving correction then thats the time i would consider on making a re-entry on buying on a cheaper price. Rinse and repeat and it doesnt really need to stress you out on what would be the future looks like.It would be much worth if you do just target out profits in short term basis. In talking about the ATH then it would be good to see if we break 20k barrier but pretty sure that it would still takes time to reach that point.
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| | . .Duelbits. | │ | ..........UNLEASH.......... THE ULTIMATE GAMING EXPERIENCE | │ | DUELBITS FANTASY SPORTS | ████▄▄▄█████▄▄▄ ░▄████████████████▄ ▐██████████████████▄ ████████████████████ ████████████████████▌ █████████████████████ ████████████████▀▀▀ ███████████████▌ ███████████████▌ ████████████████ ████████████████ ████████████████ ████▀▀███████▀▀ | . ▬▬ VS ▬▬ | ████▄▄▄█████▄▄▄ ░▄████████████████▄ ▐██████████████████▄ ████████████████████ ████████████████████▌ █████████████████████ ███████████████████ ███████████████▌ ███████████████▌ ████████████████ ████████████████ ████████████████ ████▀▀███████▀▀ | /// PLAY FOR FREE /// WIN FOR REAL | │ | ..PLAY NOW.. | |
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Kelvinid
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May 08, 2020, 10:43:05 PM |
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Before 2016 halving, the price went up a total of 50% and this time, when btc is getting closed to the halving, we saw this sudden price pump. During 2016, there was a little uncertainty from China, while we have now the pandemic. What do you think? Will we see 10000 above within this week and new ATH soon?
We haven't made it for just a week after you posted but it can possible within this month. In fact, we very at the close, $9.9k...a few more days we can surpass it if the momentum will continue. But I really feel the confidence and gonna broke that $10k barrier but the question is if we are able to sustain it as the pandemic continues. The market is performing great at this time even we are in the health crisis but to be honest, I do not really have the confidence that we can have more pumps during halving.
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Oasisman
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May 09, 2020, 04:42:11 AM |
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Before 2016 halving, the price went up a total of 50% and this time, when btc is getting closed to the halving, we saw this sudden price pump. During 2016, there was a little uncertainty from China, while we have now the pandemic. What do you think? Will we see 10000 above within this week and new ATH soon?
We haven't made it for just a week after you posted but it can possible within this month. In fact, we very at the close, $9.9k...a few more days we can surpass it if the momentum will continue. But I really feel the confidence and gonna broke that $10k barrier but the question is if we are able to sustain it as the pandemic continues. The market is performing great at this time even we are in the health crisis but to be honest, I do not really have the confidence that we can have more pumps during halving. We have like less than 5 days before the halving, and lets round it up Bitcoin just hit $10,000 already. What makes the price pull down a bit after hitting the resistance level is because of the short traders and quick sellers, the pandemic only has a minimal effect on the current Bitcoin price. Now, if we're talking about the pump or the bulls during the halving, It might not be possible since the people get used to a huge pump after a few months from the halving.
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Japinat
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May 09, 2020, 10:07:35 AM |
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so far, the price of bitcoin is not very stable at $ 10k, and the price is still in the range of $ 9k to $ 10k. if bitcoin price movements after halving really increase, and have the potential to reach a new ATH, then it might happen later this year, or in 2021.
Not stable but from where bitcoin is standing now, it's already a good price and we can say it has completely recovered from the last dump. Bitcoin dump below $4,000 right? and here we are now, bitcoin has reached $10K and now trading at over $9k, I think that's big enough to say that bitcoin has pump and I know people are expecting that the pump will continue after halving, so hopefully it would happen.
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LogitechMouse
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May 09, 2020, 10:50:18 AM |
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Before 2016 halving, the price went up a total of 50% and this time, when btc is getting closed to the halving, we saw this sudden price pump. During 2016, there was a little uncertainty from China, while we have now the pandemic. What do you think? Will we see 10000 above within this week and new ATH soon?
On some exchanges, Bitcoin reached 10,000 already but in CMC it didn't reached that price and the highest is at around 9996 USD. Right now there are many uncertainties in the market and with this pandemic that is happening right now, the price movement of Bitcoin is somewhat unpredictable. If we will compare what happened in the past 2 halvings, the price of Bitcoin went sideways and then months after it went up and created a parabolic wave followed by a huge dump afterwards. Right now it can happen again after the halving but my prediction is there is a post-dump that will happen after halving. Maybe weeks of months after halving is that there is a dump on Bitcoin since the 10,000 acts as a very strong psychological support right now and it is very hard to maintain since many investors who are holding Bitcoin will probably sell at that price.
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onrise
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May 09, 2020, 01:32:28 PM |
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so far, the price of bitcoin is not very stable at $ 10k, and the price is still in the range of $ 9k to $ 10k. if bitcoin price movements after halving really increase, and have the potential to reach a new ATH, then it might happen later this year, or in 2021.
Recently, we have crossed the value of 9000$ which seems to be very bullish on the current price, but after halving there is chance for Bitcoin price. If it manages to stay at the current value, then we might see the new ATH by the end of the year. In crypto, anything is possible and we have to prepare for it. It has touched 10k levels and now trading at 9700$ and to me it will continue to rise in coming time too. I was just looking at the graph and found that previously twice we had halving and 1 year from halving the market has given significant rise like couple of hundred % rise and this could just signify that we can still experience a decent rise form here too.
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bitgolden
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May 10, 2020, 08:38:15 AM |
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It all depends on how it reacts towards the halving honestly and that will decide if it will be another ATH or it will be nothing even remotely close. There is two options in my mind, one of them includes maybe ATH but definitely going up, its halving after all and I am sure there will be some increases because there is a lack of bitcoin being sold on the market and that creates some scarcity.
The other possibility is that people have bought bitcoin a lot recently and they are seeing how it is doing right now and when they see that halving doesn't suddenly make the price go up magically, they will realize that they bought on false pretenses and they will start selling and that will cause the price to drop like crazy. That is at least what I am considering as two options.
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Slow death
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May 10, 2020, 11:53:56 AM |
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It has touched 10k levels and now trading at 9700$ and to me it will continue to rise in coming time too. prepare your shield not to let the pump become a major disaster: ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FOHM6NeL.jpg&t=663&c=skBYfW2qOgJdsw) I was just looking at the graph and found that previously twice we had halving and 1 year from halving the market has given significant rise like couple of hundred % rise and this could just signify that we can still experience a decent rise form here too. in the past it was easier for people to buy bitcoin just because they read some good news. today things are very different and with the current scenario everything has become worse, the increase it has had in the last few weeks may have been thanks to the manipulation of whales that now that are already making a profit they are selling It all depends on how it reacts towards the halving honestly and that will decide if it will be another ATH or it will be nothing even remotely close. There is two options in my mind, one of them includes maybe ATH but definitely going up, its halving after all and I am sure there will be some increases because there is a lack of bitcoin being sold on the market and that creates some scarcity.
The other possibility is that people have bought bitcoin a lot recently and they are seeing how it is doing right now and when they see that halving doesn't suddenly make the price go up magically, they will realize that they bought on false pretenses and they will start selling and that will cause the price to drop like crazy. That is at least what I am considering as two options. you forgot the whales
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