How do you think of this bitcoin halving chart?

[happy5571]

This chart is designed by one Twitter user. this chart shows how the halving of bitcoin has an impact on the price of bitcoin.
This graph has presented the relation between bitcoin history price and the remaining time until the next bitcoin halve. The change of color can reinforce the show of this relational change.
The more length of the remaining time, the more intense red color moving,  the less short of the remaining time, the more intense blue color moving. From the current tendency, the color starts to go out of the yellow and ready to go to the light green, does this mean the price of bitcoin will go down again?

image url :
https://pbs.twimg.com/media/DyZVje1X0AAx74p.jpg

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[mu_enrico]

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Interesting graph!

I've been waiting for this kind of graph to find connection between halving and price movement. It seems that BTC already found bottom and will move upward in the next weeks.

*Disclaimer: not financial advice, only casual chat.

[Kakmakr]

I have been through a couple of Halvings before and I can tell you with all honesty that the impact is not very significant. Yes, an event like this gets some media attention prior to the event and this leads to some new people investing for the first time and some older investors buying more coins, but it is not significant at all.

On the date of the Halving, most of the impact is already priced in and as the hype subsides, everything goes back to normal. You can capitalize on the small bump in the price, prior to the event, but you will have to invest a large amount of money to show a significant profit. 

[Jating]

Based on my experience on the last block halving, it took months like four to five months after before we see the price moving on the positive so I'm not sure if they will be same in 2020.

So it means that yes it has a positive effect but it's not felt overnight. So for those who are saying that this event could be the catalyst, yes, it might, but we need to wait for the actual effect after. It won't be the magic wand that will turn the price from $3K-$20K just like that.

[dothebeats]

Having experienced a couple halving myself, no substantial price growths actually occurred during the halving; only after the said event, perhaps a couple of months apart. Usually, this event isn't really looked upon by a lot of people since it's just the block reward being cut in half, and they know that no significant implications may have really take effect after it has been settled. Quite a handful of media outlets and posts would confirm that there's still an interest on the event though, but not really that significant to cause a huge spike in price.

[jseverson]

From the current tendency, the color starts to go out of the yellow and ready to go to the light green, does this mean the price of bitcoin will go down again?

Possibly, but it would probably be best to ignore it. We don't have enough of a sample size to safely conclude anything.

As far as halving goes, it increases scarcity, but that doesn't mean anything if demand doesn't keep up. The halving won't be a bull run catalyst by itself, and has never been one.

[Herbert2020]

it is way too soon to start talking about halving and its effect on bitcoin price. for the time being we have other rallies and resistances to break and reach a much higher price before the halving even begins. and then like always we will see a lot of hype about 2 month prior to the actual halving date and by then price will shoot up and enter a small short term bubble which will burst after the halving and then we will be back on track with rises.

[susila_bai]

it is way too soon to start talking about halving and its effect on bitcoin price. for the time being we have other rallies and resistances to break and reach a much higher price before the halving even begins. and then like always we will see a lot of hype about 2 month prior to the actual halving date and by then price will shoot up and enter a small short term bubble which will burst after the halving and then we will be back on track with rises.

This you are telling after seeing the last halving period affect happened but i think this time it will be different and we will see huge price movement as this halving will cut the block reward half and this half will be loss for the miners if the price is being same.

[Kopyleft]

I have been through a couple of Halvings before and I can tell you with all honesty that the impact is not very significant.

But combined with other factors, like bakkt, lightening network and possibly ETF, there may be a probability that it would affect the price significantly? Or will all factors work separately?
Also, do you think that as time goes by and more halvings it loses its significance?

[yusupjatigumilar]

I hope that the cycle can be repeated again and become a positive thing for all of us because I myself have been waiting for bitcoin to skyrocket as before yesterday's halving day, this time I think that the current surge will be far more extreme than last year's surge.

[romero121]

it is way too soon to start talking about halving and its effect on bitcoin price. for the time being we have other rallies and resistances to break and reach a much higher price before the halving even begins. and then like always we will see a lot of hype about 2 month prior to the actual halving date and by then price will shoot up and enter a small short term bubble which will burst after the halving and then we will be back on track with rises.

Agreed, it is too early to make discussion about the upcoming halving. Almost a year is there for the event to happen. As quoted two month prior to the halving big HYIPs were done on the price pumping. To my knowledge the price started to move forward only few weeks after halving. On every halving the increasing demand creates an price boom which is termed to be a bubble. Further it consolidates to provide gradual growth. Similar pattern has got described on the chart as well.

[cizatext]

Nice and innovative chart design, but from past experiences bitcoin halving have rather have a negative impact on the price rather then a positive impact as you portray. I like the idea thou but most at times after bitcoin halving the price always decline greatly and it always take time before recovery.

[mrdeposit]

In crypto world everything is possible even the impossible. But, in the more useful case of indicators, we should think more positively. We are close to the resistance in terms of TA, and at least there is something we can estimate  "it is gonna happen if this happens". I do not guess innovations will result in a price decrease.

[stortz]

I have been through a couple of Halvings before and I can tell you with all honesty that the impact is not very significant. Yes, an event like this gets some media attention prior to the event and this leads to some new people investing for the first time and some older investors buying more coins, but it is not significant at all.

the significance is a resistance that forms by limiting the supply
if you were to cut gold's inflation ("mining rewards") by half, let's just say the price would be affected, not immediately of course, you are correct in that aspect

Based on my experience on the last block halving, it took months like four to five months after before we see the price moving on the positive so I'm not sure if they will be same in 2020.

So it means that yes it has a positive effect but it's not felt overnight. So for those who are saying that this event could be the catalyst, yes, it might, but we need to wait for the actual effect after. It won't be the magic wand that will turn the price from $3K-$20K just like that.

precisely
the halving is not felt overnight
it creates pressure
you can actually see the curve forming itself on the logarithmic scale

as volume and market cap increase, the curve becomes more precise

[Nadziratel]

This chart is designed by one Twitter user. this chart shows how the halving of bitcoin has an impact on the price of bitcoin.
This graph has presented the relation between bitcoin history price and the remaining time until the next bitcoin halve. The change of color can reinforce the show of this relational change.
The more length of the remaining time, the more intense red color moving,  the less short of the remaining time, the more intense blue color moving. From the current tendency, the color starts to go out of the yellow and ready to go to the light green, does this mean the price of bitcoin will go down again?

image url :

According to this graph, BTC is experiencing a retreat after rising up to Halving. Considering that the same thing will happen, the uptrend that started today can continue until May next year.

[pixie85]

According to this graph, BTC is experiencing a retreat after rising up to Halving. Considering that the same thing will happen, the uptrend that started today can continue until May next year.

What retreat? It's clear that in 2012 and 2016 price exploded after the halving.
It's difficult to predict what will happen because there's very little data to depend on. Each halving was a little different and in 2012 very little people had Bitcoin so it was a micro economy.

Maybe after another 2 or 3 halvings we'll see a clear pattern.

[trader34]

This chart is designed by one Twitter user. this chart shows how the halving of bitcoin has an impact on the price of bitcoin.
This graph has presented the relation between bitcoin history price and the remaining time until the next bitcoin halve. The change of color can reinforce the show of this relational change.
The more length of the remaining time, the more intense red color moving,  the less short of the remaining time, the more intense blue color moving. From the current tendency, the color starts to go out of the yellow and ready to go to the light green, does this mean the price of bitcoin will go down again?

image url :

In my opinion, we will see a positive effect also in the next halving of 2020, but I don't think the effect will be immediate, but probably the market will take some months to show a positive move on prices.

[passwordnow]

Needless to say, after halving we see that the market will stabilize and gonna reach to a higher state. Mining difficulty increases and block rewards are being reduced. This results to higher demand and lessening the supply. We know what will be the impact of it, last 2016's halving took effect few months and we might see that effect again next year. If our understanding is correct, by next year after the halving we are going to see the market rise again for sure.

[Razerglass]

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Interesting graph!

I've been waiting for this kind of graph to find connection between halving and price movement. It seems that BTC already found bottom and will move upward in the next weeks.

*Disclaimer: not financial advice, only casual chat.

There is Gann indicator for measuring possible upward space if you know where bottom is located in chart. Btc will increase and test the latest accumulation points for hunting stops,so till halving i have no hope for bull trend. Halving will clear the dust from price graphics.

[BeManga]

This chart is designed by one Twitter user. this chart shows how the halving of bitcoin has an impact on the price of bitcoin.
This graph has presented the relation between bitcoin history price and the remaining time until the next bitcoin halve. The change of color can reinforce the show of this relational change.
The more length of the remaining time, the more intense red color moving,  the less short of the remaining time, the more intense blue color moving. From the current tendency, the color starts to go out of the yellow and ready to go to the light green, does this mean the price of bitcoin will go down again?

image url :

its possible the price will increase before or after halving because of block rewards will be lower
if the block rewards cant keep up in the demand thats the time price will rise