20% price drop 7 months before the May 2020 halving?

[Lucius]

The prices are down not from 7 months but from last one and half year and still have not grown properly.Whales have been benefited from these dumps and now the prices seems to be rising again and heading towards $9000 and we might see bull run in the market soon.So if you want to invest its the time because prices will surge soon before 2020 and reach atleast $12k.So hope for its betterment.

What nonsense do you write, this year is not start good, but from April we have big jump from $4000 to almost $14 000 - where you see in this "not grown properly"? I know most of the people just wish to BTC hit $50k or more so they can take profit and move away, but most do not have the knowledge or patience to wait for that moment.

I wonder where you see $9000, price is just go under $8000 and it is rather uncertain which direction it will go. The only thing I agree with is that time is good for investing, but it is possible that the price of BTC will go down further as some predict.

[monineklutak]

Halving will result with price going up for sure, there is no way of bitcoin not going up after the halving, I don't care how long it will take, it can be months before the halving, it can be right around halving (a bit early a bit late) or it can be weeks later than halving but if you know what halving is and what it means for the seller side of the bitcoin world then you will know that bitcoin will have to go up.

That will be the only way miners will make up the difference, if they can't mine 1800 coins and only mine 900 then the price can't be $8k but has to be $16k, of course it doesn't have to go up that much, just doubling the cost of one bitcoin mining is enough, I don't know how much it costs to mine one bitcoin but I am pretty sure its not free hence we will go up for sure.

Comparing the past halving events, price going up would occur after close to a year. The price would consolidate at a steady line for that year and will go up gradually towards the end of the year 2020. As for the 20% drop, I doubt it would happen though. Past events have shown that bitcoin prices before the halving actually went up, showing continuous growth in price up to a year after the halving itself. I have no reason to believe that it wouldn't do so this time. Sadly Bakkt launch was a sad day. Price could've pushed to 9000$ but the disappointment was the only result in the end. It even dipped down a bit after their launch.

even though all hope to BAAKT, but the reality we face is very heavy,
Bitcoin fell by $ 4000 from July until now, if we expect it to be OK, but don't let that mistake happen again! trade wisely  

[watergold]

The prices are down not from 7 months but from last one and half year and still have not grown properly.Whales have been benefited from these dumps and now the prices seems to be rising again and heading towards $9000 and we might see bull run in the market soon.So if you want to invest its the time because prices will surge soon before 2020 and reach atleast $12k.So hope for its betterment.

I wonder where you see $9000, price is just go under $8000 and it is rather uncertain which direction it will go. The only thing I agree with is that time is good for investing, but it is possible that the price of BTC will go down further as some predict.

I myself bitcoin predictions will not go down to $ 8k but the real is already under $ 8k but it's true you said also bitcoin will miss some people's predictions, but I will wait down to $ 7500 then I will buy Bitcoin for the future before halving occurs.