Your bitcoin ATL prediction before next halving

[Jating]

Bitcoin prices are currently dropping and the halving seems to have gone unnoticed, maybe there are few bitcoin mining so what is happening with bitcoin right now is due to external factors such as inflation, reduced stock for miners of course will have a big impact on transaction fees which will be high and this is what makes it difficult for us to develop bitcoin.

Bitcoin halving? still very far mate.
For me I voted $10k, we never thought that we will not reach the previous all time high and yet we went that low and even lower at $17,500 (current ATL). And what's scary is that we are still in the middle of the year, so there's a lot of possibility that the price will still go down and we haven't reach the bottom yet. So $10k for me, worst scenario, that could be -80%++ and that could be a record too if we reach that price level.

[ajaxtempest]

Keep on going! We need more replies.
 

[yhiaali3]

My expectations that the Bitcoin ATL since the beginning of the last drop will be around 18,000$ until the next halving. This number is somewhat close to reality, I mean I do not expect Bitcoin to fall more than that and I also do not expect that to continue until halving, it is possible that the situation will continue like this until the end of the year after which we will witness a rise in Bitcoin and a return to the levels from which it fell to form a strong resistance to launch a new peak We may get it before Halving, these analyzes are predictions and no one has to know exactly what will happen in the future.

[lionheart78]

China banning bitcoin was unpredictable and so was MtGox bankruptcy.

China shows several signs of being anti-Bitcoin so it isn't unpredictable.  Mt. Gox bankruptcy isn't unpredictable it was the hack that surprised everyone.

I thought it wouldn't go below 20k because the previous cycle high was where it always was able to find support. I bought at 20k and are going to hold it for as long as I can, at least until we go to 100k again.

Bitcoin was down 80% after ATH the last cycle so it is common to expect and see Bitcoin going down below$ 20k this cycle too.  And it did happen.  Well, it is good you had your investment at a much lower price than those who bought above your buying price.

That said, I have an idea looking at the previous cycle chart that the Bitcoin price is possible to cross the $15k barrier in this bear market but I am not so sure so I can just put it as a guess.

[yohananaomi]

from the options that op gave I chose " till 10,000 "



because looking at the past when before the halving occurred bitcoin had dropped below $ 5K so maybe now it's 2x.
I believe that bitcoin will always repeat what has been done but for corrections it may only be up to $ 10.

even though eventually resulting in a rapid increase it will be difficult to do and it will take a long time to finish the next halving and then reach renewable ATH.
but this is the advantage of bitcoin which will always make ATH renewable again after every halving.

but from the info I read that in the US / Europe it is starting to get difficult for miners because of the fuel crisis that has not been getting shipments from Russia and are trying to find alternatives to coal and won't this give an impetus for bitcoin to recover quickly? or even worse? we'll see how it goes.

[Frengki_cisco]

Bitcoin was meant to break away from the stock market and fake debt based fractional economy. Sadly all the traders and short term gainers have joined the ride. If stocks crash then bitcoin also crashes.

2022 is a 7 year crash cycle known as shemitah year for those who dont know
1966 stock market downer 22%
1973 middle east oil embargo
1980 hard recession, home builders wiped out by 1982.
1987 black Monday stock market crash
1994 bond market massacre
2001, the 911 and dot com bubble crash
2008, the housing  crash
2015, stock market chaos, 7 trillion lost globally. China market crash 40%
2022---

So place your bets on how low it will go!

What happens, let it happen, predictions frustrate me, I only take experience this time about ATH happening for Bitcoin and in the future.

I want to buy as much as I can now, nothing more, I'm sure in the future it will be even better.

[n0ne]

Right now every crypto user is aware of the market and are in accumulation looking for the halving. The next big price moment is during those days. According to different market movements, it is found that the market will show slower growth for long time period. During this time period it is good to make some profit out of the fluctuation and strengthen the portfolio.

According to me there is more chances of price touching $10k for sure. This can happen close to the month of October. Because there used to be some growth taking place over the end of every year.

[Tony116]

My expectations that the Bitcoin ATL since the beginning of the last drop will be around 18,000$ until the next halving. This number is somewhat close to reality, I mean I do not expect Bitcoin to fall more than that and I also do not expect that to continue until halving, it is possible that the situation will continue like this until the end of the year after which we will witness a rise in Bitcoin and a return to the levels from which it fell to form a strong resistance to launch a new peak We may get it before Halving, these analyzes are predictions and no one has to know exactly what will happen in the future.

What do you mean, bitcoin will rally back to $69k before the halving happens? it will be good news if it happens. I don't think bear season will end so soon, 18k prediction is realistic given the current situation, but bitcoin won't be able to withstand upcoming events like Mt.Gox paying bitcoin to users and wave of interest hikes rate in the last 6 months of the year.

My prediction is $12k will be the last bottom of bitcoin during bear season.

[yhiaali3]

What do you mean, bitcoin will rally back to $69k before the halving happens? it will be good news if it happens. I don't think bear season will end so soon, 18k prediction is realistic given the current situation, but bitcoin won't be able to withstand upcoming events like Mt.Gox paying bitcoin to users and wave of interest hikes rate in the last 6 months of the year.

Yes, this is what I expect, it is possible that Bitcoin will return to the top of $ 69k before Halving, this is very possible, as for the case of the Mt.Gox exchange, I think that its impact is very exaggerated because all that will be paid is 140k Bitcoin This number will not have this big impact on The price, as some think, there are larger quantities of these that are traded on a daily basis, I think this event was greatly exaggerated.
 As for raising the interest rate, I think that its effect is negative in the short term only, but in the long run it will have a positive effect, because people will start giving up the dollar and buying bitcoin as a hedge against inflation, and this will have a significant positive impact on the price of bitcoin in the future.

[TheGreatPython]

What happens, let it happen, predictions frustrate me, I only take experience this time about ATH happening for Bitcoin and in the future.

I want to buy as much as I can now, nothing more, I'm sure in the future it will be even better.

But, what are you doing here on this thread if predictions like this frustrates you? It is normal that there are predictions that you can see around because cryptos doesn't have a stable value especially now that the bear is taking to long to end and the price is becomes more unpredictable than ever. You keep on buying bitcoin because you believe that btc can rise more in the future. Isn't that related to predicting?

But, the only difference is that you didn't mention a specific price but you got a point there anyway that what can happen will happen and we people can't do much anything about but accept it when the results are already there.

[STT]

I said a while back when we were nearer to 50k or the 200 day average that it worst case scenario should probably be the 2019 pricing not the 2017 peak.   We have gone past the 20k area for the rough 2017 high that held till much later and as I remember it was not a significant area on the way up so why should we have it as a special hard ground low in the midst of this negative market.   That was my reasoning some months back and I believe a clearer view is had while not in the middle of what you are trying to estimate, Im going to stick with the hope we do find Summer 2019 prices to be the hard ground.
  It appears we flash down to that area, I wouldn't want to lurk too much in the teen's and roughly in 2020 we did the very lowest prices just for a day or so it flushed out some but mostly we stayed above.

[Shasha80]

What happens, let it happen, predictions frustrate me, I only take experience this time about ATH happening for Bitcoin and in the future.

I want to buy as much as I can now, nothing more, I'm sure in the future it will be even better.

But, what are you doing here on this thread if predictions like this frustrates you? It is normal that there are predictions that you can see around because cryptos doesn't have a stable value especially now that the bear is taking to long to end and the price is becomes more unpredictable than ever. You keep on buying bitcoin because you believe that btc can rise more in the future. Isn't that related to predicting?

But, the only difference is that you didn't mention a specific price but you got a point there anyway that what can happen will happen and we people can't do much anything about but accept it when the results are already there.

I think that predicting the price of Bitcoin should not frustrate us, it doesn't matter if our prediction results are wrong, at least we have tried
and can learn from every mistake we make. Until finally we can understand how to predict the movement of Bitcoin correctly. Because predicting
the movement of Bitcoin really needs to be done so that we can prepare ourselves for what will happen to Bitcoin. Bitcoin prices are very volatile
and indeed very difficult to predict, that doesn't mean we don't need to make predictions. But instead we have to predict the movement of Bitcoin,
so that we can plan our steps now to deal with what will happen in the future. Although it is very difficult to accurately predict the price of Bitcoin,
at least the results of our predictions can help us give an idea of what will happen to Bitcoin in the future. So we are not confused about what to do
and do not depend on other people's opinions, which sometimes other people's opinions can mislead us.

[Tony116]

What do you mean, bitcoin will rally back to $69k before the halving happens? it will be good news if it happens. I don't think bear season will end so soon, 18k prediction is realistic given the current situation, but bitcoin won't be able to withstand upcoming events like Mt.Gox paying bitcoin to users and wave of interest hikes rate in the last 6 months of the year.

Yes, this is what I expect, it is possible that Bitcoin will return to the top of $ 69k before Halving, this is very possible, as for the case of the Mt.Gox exchange, I think that its impact is very exaggerated because all that will be paid is 140k Bitcoin This number will not have this big impact on The price, as some think, there are larger quantities of these that are traded on a daily basis, I think this event was greatly exaggerated.
 As for raising the interest rate, I think that its effect is negative in the short term only, but in the long run it will have a positive effect, because people will start giving up the dollar and buying bitcoin as a hedge against inflation, and this will have a significant positive impact on the price of bitcoin in the future.

Bitcoin was once considered a good anti-inflation tool due to its limited supply, but with the economic downturn during the year, bitcoin has failed to show itself as an effective hedge against inflation. Given its volatile nature, bitcoin is not yet ready to be an anti-inflation tool.

If looking at the long term like holding 10 years 15 years, over time the value of bitcoin will increase significantly, this will be a good anti-inflation tool, but in the short term 1 to 2 years is not. The dollar will still prevail against gold and other investments, until the economy stabilizes.

[boltz]

I can't predict an ATL  as that term doesn't exist but I could make an assumption of what Bitcoin price could be before halv happens even if we are 1 year and aprox 7 months until that happens.

If you speak about a last bottom , I would assume Bitcoin will go under 15k at some point and maybe even under 10k for a flash with one happening during this year and the other one in 2023. Could it go any lower than 8-9k ? Low chances.