Bitcoin Halving and price History Analysis on Chart

[teosanru]

Phase 1: Starting price: $0
              Highest price reached in phase 1: $32
              Lowest price reached in phase 1: $2
First Halving price: $12
Phase 2: Starting price: $12
              Highest price reached in phase 1: $1163
              Lowest price reached in phase 1: $152
Second Halving price: $658
Phase 3: Starting price: $658
              Highest price reached in phase 1: $19892
              Lowest price reached in phase 1: $3129
Third Halving price: ??

I created a post a few days ago on Halving and price but that was not backed by figures. So here is a chart which shows a similar analysis with proper figures and timeline.

[rosezionjohn]

I created a post a few days ago on Halving and price but that was not backed by figures. So here is a chart which shows a similar analysis with proper figures and timeline.

Where is that post? and why not just edit it instead of creating a new one?

[carlfebz2]

Third Halving price: ??

I created a post a few days ago on Halving and price but that was not backed by figures. So here is a chart which shows a similar analysis with proper figures and timeline.

We do have some same threads that do talks about this halving price predictions with more details https://bitcointalk.org/index.php?topic=4849889.0
But since you do create your own thread then i would say that we cant really be sure if we would able to hit up those possible figures out of those charting patterns.
We cant be sure if the said demand would be the same or more on upcoming halving event which means price can either go break that previous ATH or would still remain
into these current levels.So far, im not really keen too much on where price will go as long adoption rate is tending to move up gradually.

[sunsilk]

I also see the all-time lows, there's someone who made a comparison with that before and it's interesting if you are a holder that starts to lose hope.


Original source: https://twitter.com/1stcrasscitizen/status/1079567859548807173?lang=en
Image source: https://www.reddit.com/r/Bitcoin/comments/abznev/judge_bitcoin_by_yearly_lows_not_all_time_highs/

Third halving price might be higher than the ATH but when?

[Wexnident]

If I remember correctly the highest price in each phase took a year at the least to show its effects on the market price. We can also see in the chart that with each halving, ATH of bitcoin is reached for that bitcoin. Id say we could safely assume that after the 3rd halving, bitcoin would only rise and should reach a new ATH. All time highest should be around a 1000% or 2000% increasw just based on past halvings that occured. That is excluding all possible factors of course.

[romero121]

Halving creates the demand as there is cut down on the supply. Based on the same is the expectation of price reaching big by the days prior or after the halving. If this hasn't happened as calculated what way will it be traveling. We keep reference the previous charts of halving. In a decentralized network any way of move could happen. We can't make any changes, even the whales can't manipulate by the time of halving.

If such scenario prevails what will be the price of bitcoin. Will there be growth with altcoins as each and every altcoin is bonded with bitcoin for its growth.

[btc_angela]

Maybe it's good if you could also post how many days did we reached all-time-high from it's lowest low that year?

Currently the lowest low we got is $3k, December 2018 if I'm not mistaken.

But prior halving (2016) lowest low was $650 and then how many days in reaches $20k? Could be a good gauge to see may how days we could get to our new all time high after the block halving next year. 

[CryptoBry]

Phase 1: Starting price: $0
              Highest price reached in phase 1: $32
              Lowest price reached in phase 1: $2
First Halving price: $12
Phase 2: Starting price: $12
              Highest price reached in phase 1: $1163
              Lowest price reached in phase 1: $152
Second Halving price: $658
Phase 3: Starting price: $658
              Highest price reached in phase 1: $19892
              Lowest price reached in phase 1: $3129
Third Halving price: ??

I am sure these are inspiring figures as we are heading to the next schedule rewards halving in 2020. Watching if the third halving can be able to produce another ATH after 2017 will be an interesting for all of us. The hypes and FOMOs are now starting to build up so there is a big possibility of a self-fulfilling prophecy in here. When the sentiment is superb, I am sure that the market has more chances of picking up.

...since you do create your own thread then i would say that we cant really be sure if we would able to hit up those possible figures out of those charting patterns. We cant be sure if the said demand would be the same or more on upcoming halving event which means price can either go break that previous ATH or would still remain into these current levels.So far, im not really keen too much on where price will go as long adoption rate is tending to move up gradually.

Just like any market, nobody can guarantee that someone's predictions or projections can be coming true. The data from the past are just our guides of the possibilities that may happen. We know that in cryptocurrency market, volatility can be throwing some big surprises and there can be developments beyond our control. So let's just hope for the best and yet be ready for unexpected.

[pooya87]

I also see the all-time lows, there's someone who made a comparison with that before and it's interesting if you are a holder that starts to lose hope.


Original source: https://twitter.com/1stcrasscitizen/status/1079567859548807173?lang=en
Image source: https://www.reddit.com/r/Bitcoin/comments/abznev/judge_bitcoin_by_yearly_lows_not_all_time_highs/

Third halving price might be higher than the ATH but when?

both ATH and the lows this person is talking about are equally bad numbers to look at because they are both fake prices that are the product of overly excited people buying or selling too much respectively. in fact when you are looking at those lows you are also looking at a "bubble" but in reverse. a while ago i posted something about the reverse bubbles and how $3k (the low of this cycle) was in fact a reverse bubble. we later saw how it "reverse popped" as price jumped up $2000 in matter of hours.

[teosanru]

Halving creates the demand as there is cut down on the supply. Based on the same is the expectation of price reaching big by the days prior or after the halving. If this hasn't happened as calculated what way will it be traveling. We keep reference the previous charts of halving. In a decentralized network any way of move could happen. We can't make any changes, even the whales can't manipulate by the time of halving.

If such scenario prevails what will be the price of bitcoin. Will there be growth with altcoins as each and every altcoin is bonded with bitcoin for its growth.

Actually halving doesn't hampers the currently circulating supply in the economy all it does is slows down the creation of further supply so the price will only be affected if there is a corresponding demand along with the decrease in pace of supply. This is a bit natural explanation to why halving has affected the price pumps.

I also see the all-time lows, there's someone who made a comparison with that before and it's interesting if you are a holder that starts to lose hope.


Original source: https://twitter.com/1stcrasscitizen/status/1079567859548807173?lang=en
Image source: https://www.reddit.com/r/Bitcoin/comments/abznev/judge_bitcoin_by_yearly_lows_not_all_time_highs/

Third halving price might be higher than the ATH but when?

both ATH and the lows this person is talking about are equally bad numbers to look at because they are both fake prices that are the product of overly excited people buying or selling too much respectively. in fact when you are looking at those lows you are also looking at a "bubble" but in reverse. a while ago i posted something about the reverse bubbles and how $3k (the low of this cycle) was in fact a reverse bubble. we later saw how it "reverse popped" as price jumped up $2000 in matter of hours.

Yes definitely these lows are definitely fabricated lows which happen due to sudden FUD of people but the rebound takes place immediately when people realize that the price is quite low than what Bitcoin's intrinsic value is and they rush in to buy thus giving the value a good rebound.

[ecnalubma]

If the history will repeat itself then another FOMO season will surely occur after the halving and Bitcoin will set a new record again. The chart is really motivating and history don’t lie probably same old scenario will happen again during this cycle.

[Baofeng]

I created a similar thread on our local boards here: Bitcoin Block Halving.

In a nutshell:

First block halving, the bottom is $2.00 and then it went $2.70 in 500 days approximately.

Second block halving, the bottom is $660 and we already know how high it gets in 2017 in around 1000 days.

And as the graph states, the bottom is $3100-$3200 in 2018, could it reach another all-time-high in 2000(?) days? What will be the price then? your guess is as good as mine    

[darthmaul]

So basically you are saying we should just buy Bitcoin immediately after halving and then we should hold it until a few years because as far as I can see it takes a few months after the halving for pump to begin.

[CarnagexD]

As you can see after all bitcoin halving the price becomes high then later on it will become cheap so basically, expect that after the bitcoin halving there is a big possibility it will pump again and might set a new all-time high price in the market. I also guess that before in the bitcoin halving the price might pump to the moon then after the halving the price might pump up to the mars. I just hope that this coming halving will be the key to the pump price of bitcoin.

[familiaverde]

So basically you are saying we should just buy Bitcoin immediately after halving and then we should hold it until a few years because as far as I can see it takes a few months after the halving for pump to begin.

I think he meant to say bitcoin is not dead as many claim it to be. With every halving comes new prospect. It adds to the potential of Bitcoin's price. So as we are moving to 2020 and halving is coming closer, we can even hope for $40-50K coming soon.

[error08]

I also see the all-time lows, there's someone who made a comparison with that before and it's interesting if you are a holder that starts to lose hope.


Original source: https://twitter.com/1stcrasscitizen/status/1079567859548807173?lang=en
Image source: https://www.reddit.com/r/Bitcoin/comments/abznev/judge_bitcoin_by_yearly_lows_not_all_time_highs/

The third halving price might be higher than the ATH but when?

both ATH and the lows this person is talking about are equally bad numbers to look at because they are both fake prices that are the product of overly excited people buying or selling too much respectively. in fact, when you are looking at those lows you are also looking at a "bubble" but in reverse. a while ago I posted something about the reverse bubbles and how $3k (the low of this cycle) was, in fact, a reverse bubble. we later saw how it "reverse popped" as the price jumped up to $2000 in a matter of hours.

Which price tag did you refer to? Better to see the ATH or the lowest as it's clear as the standard measurement for new adopters to assess bitcoins growth over time. If it's not the ATH nor the ATL then it's the "mean number" of bitcoin price every year? But it won't be accurate, even in the market charts only show ATH and All-time lows

[Red-Apple]

bitcoin price became moderately stable after another drop and people started to focus too much on halving again just like earlier this year during the $3k price run.
i am afraid that they are going to put too much thought into halving and the rise that is supposedly going to happen because of it while they miss out all the other rises that happen. for example all those who were focusing on halving this year missed the 250% rise!

[michellee]

So basically you are saying we should just buy Bitcoin immediately after halving and then we should hold it until a few years because as far as I can see it takes a few months after the halving for pump to begin.

That is up to you, and you have your money, you are free to buy bitcoin right now or later

But if I were you, I will buy bitcoin every time the price is down, and sell it every time the price is up. But I don't forget to save some amount of bitcoin to prepare for selling in the future because I am sure the price will be at the highest price. We are near the end of this year, and it's only 2 months later we will see the next year, so I don't want to be late to buy bitcoin at a low price.

[teosanru]

So basically you are saying we should just buy Bitcoin immediately after halving and then we should hold it until a few years because as far as I can see it takes a few months after the halving for pump to begin.

That is up to you, and you have your money, you are free to buy bitcoin right now or later

But if I were you, I will buy bitcoin every time the price is down, and sell it every time the price is up. But I don't forget to save some amount of bitcoin to prepare for selling in the future because I am sure the price will be at the highest price. We are near the end of this year, and it's only 2 months later we will see the next year, so I don't want to be late to buy bitcoin at a low price.

I think you are right but you know what is the problem here. It's the problem of identifying the highs and lows. I mean you said when price is down how would you determine that price is down? And it won't go more down. And selling when you are up then how would you determine that it cannot go more up. Moreover what if the price goes more down? What your next reaction? Can you tell?

[YuginKadoya]

It is really happening the halving and the effect it can have with the price of bitcoin, we are  now in the third time halving is occurring and so far it is all positive but what if the halving now will be crucial for Bitcoin and end up negatively well we will never know, and I guess that is why we have an indicator for all-time low as well to simply see the support levels for bitcoin and that is good that we all care not only for all-time highs but all-time low as well,

This is a good analysis and an indicator that all criteria have met for us to proceed to another all-time high if the halving will be successful.