Bitcoin Halving Price Prediction $55,000 - $130,000

[gogoi]

Approximately every 4 years the reward that miners receive for finding a block, halves. This event is referred to as the “Bitcoin halving” and was hardcoded by Satoshi Nakamoto into the Bitcoin protocol to enforce its deflationary monetary policy.

In the 2020 Bitcoin halving mining rewards will drop from 12.5 Bitcoins per block, to 6.25 Bitcoins per block.

At the time of the 2020 halving, 18,375,000 Bitcoins will have been mined in total. That’s approximately 85% of the total Bitcoin supply.

What will the Bitcoin price be at the halving?

Right after the first halving in 2012, the Bitcoin price rose from $12 to $140. Weeks after the second halving in 2016, Bitcoin started a rally that propelled its price from $582 to $20,000.

This video provides the exact price range to expect at the halving and looks at the possible height of the bull market following.

https://www.youtube.com/watch?v=UKHI_-SIcDU

[ReiMomo]

The count down of the next halving scalability was almost there, https://www.bitcoinblockhalf.com/ link shows, 182 days more to go.

Everyone waiting for the best result on this becoming promising event in bitcoin price, the next halving. But the real fact is no one knows the market situation is and it is an unpredictable price movement. Let's time can tell and will reveal the truth.

Thank you for sharing.

[aardvark15]

Approximately every 4 years the reward that miners receive for finding a block, halves. This event is referred to as the “Bitcoin halving” and was hardcoded by Satoshi Nakamoto into the Bitcoin protocol to enforce its deflationary monetary policy.

In the 2020 Bitcoin halving mining rewards will drop from 12.5 Bitcoins per block, to 6.25 Bitcoins per block.

At the time of the 2020 halving, 18,375,000 Bitcoins will have been mined in total. That’s approximately 85% of the total Bitcoin supply.

What will the Bitcoin price be at the halving?

Right after the first halving in 2012, the Bitcoin price rose from $12 to $140. Weeks after the second halving in 2016, Bitcoin started a rally that propelled its price from $582 to $20,000.

This video provides the exact price range to expect at the halving and looks at the possible height of the bull market following.

https://www.youtube.com/watch?v=UKHI_-SIcDU

I expect that the price will hold about where it is now until about 3 months before the halving. At that point it will probably gradually increase to double the price by the halving.  This is approximately what happened in 2016.

[gentlemand]

Right after the first halving in 2012, the Bitcoin price rose from $12 to $140.

It didn't happen until well into the following year.

I expect nothing much until 2021 myself but I'm more than willing to be surprised. I think this one will be significant in that inflation will finally fall below the average competently managed fiat currency and it'll gradually dawn on people that there really aren't that many more coins to come.

[batang_bitcoin]

I expect nothing much until 2021 myself but I'm more than willing to be surprised.

I'm also thinking the same thing, I've seen the other halving and didn't do much after it but the next year was a boom. It's no longer surprising if it will reach that price range given by op. It can double the last all-time high but expect that there will be a follow-up drop.

I expect that the price will hold about where it is now until about 3 months before the halving. At that point it will probably gradually increase to double the price by the halving.  This is approximately what happened in 2016.

Yes, that's what happened and the positive effect took place by the next year so probably by 2021.

[gentlemand]

I'm also thinking the same thing, I've seen the other halving and didn't do much after it but the next year was a boom.

It does also of course depend on what the wider economy is up to as well. 2021 is quite a way away and a lot could go tits up by then. All previous price action has happened with the luxury of a pretty much relentless rising tide. At some point that has to falter and then we'll see what's what.

[gabbie2010]

The expected impact due to halving of bitcoin come 2020 would not be impact it may take some time before the expected increase to take place I am of the opinion that it may take effect after six month and the speculated price of $55,000 is more like an exaggeration I would say there would a reasonable pump in the price probably the price would surpass that last ATH in 2017 all these speculations are based on the previous price history

[gogoi]

The expected impact due to halving of bitcoin come 2020 would not be impact it may take some time before the expected increase to take place I am of the opinion that it may take effect after six month and the speculated price of $55,000 is more like an exaggeration I would say there would a reasonable pump in the price probably the price would surpass that last ATH in 2017 all these speculations are based on the previous price history

The move taking place around 6 months after the halving is laid out in the video. Watch it, you will learn a lot. As far as the 55K target, during the next bull market we will greatly surpass that. But seriously take ten minutes and watch the video it is well worth it.

https://www.youtube.com/watch?v=UKHI_-SIcDU

[eaLiTy]

Right after the first halving in 2012, the Bitcoin price rose from $12 to $140. Weeks after the second halving in 2016, Bitcoin started a rally that propelled its price from $582 to $20,000.

There is no doubt that there was a rise in price of BTCitcoin during every halving event but the main thing you have to notice that the economic situation globally was not stable and the during the initial phase it was well after the recovery phase, but if you access the global economic situation right now it is not that great and if there is a financial crises then these predictions might not happen, there are many factors right now including regulatory talks and other factors and these were not the case during the past halving and hence you cannot always expect the same when these factors change.

[shield132]

In 2012, there was roughly 10x rise in bitcoin's price. In 2016, there was roughly 30x rise. So what about to add them to each other and then halv too? I think 20x rise of current price may be fair cause from this halving. Halving caused huge positive effect on people in both cases and I highly believe this halving will do the same because everyone has almost this expectation that after halving price rises and this expectation + hope + need, really causes rise in price.

[Pearls Before Swine]

Anything is possible, of course, but those prices Op predicted seem outlandish to me.  There was more to those previous price increases surrounding the last two halvings I think, and I would also have expected any change to be priced in beforehand.  If it was that easy to predict a huge increase just because of a halving, it would be like free money for everyone who was interested.  That somehow doesn't ring true to me.

I'm not hoping that bitcoin *won't* get to $100,000 or above, and even $50,000 would make me ecstatic, but there has to be some serious demand, some serious buying in order for that to happen.  So we'll see. 

[gentlemand]

Anything is possible, of course, but those prices Op predicted seem outlandish to me.  There was more to those previous price increases surrounding the last two halvings I think, and I would also have expected any change to be priced in beforehand.  If it was that easy to predict a huge increase just because of a halving, it would be like free money for everyone who was interested.  That somehow doesn't ring true to me.

I well remember the same thoughts about the previous one yet it happened.

I do agree with you though. It seems way too set in stone in many a mind for something that has only happened twice but this one comes at a time where the building blocks are being put in place for a level of onboarding that wasn't conceivable at the first one.

It's also easy to forget that there was an absolute torrent of new coins still arriving and to arrive at the previous ones. There's still a decent amount of course but in 2012 56% of all coins had been mined, then 78% in 2016 and 89% this time. Then it's just under 11% left for 120 years. That's a big arse difference just when demand might reach previously uncharted levels.

I think it's likely there won't be many more halvings that have an actual noticeable effect, will anyone care about a reduction from 0.00152587 to 0.00076293?, but this one could be the biggest of all before its impact starts to fade away beyond pure psychology or nostalgia.

[samcrypto]

In 2012, there was roughly 10x rise in bitcoin's price. In 2016, there was roughly 30x rise. So what about to add them to each other and then halv too? I think 20x rise of current price may be fair cause from this halving. Halving caused huge positive effect on people in both cases and I highly believe this halving will do the same because everyone has almost this expectation that after halving price rises and this expectation + hope + need, really causes rise in price.

There’s a good history about the halving and yes we are expecting a better pump this time and we really hope for that. If we we are going to base the future pump of bitcoin to its history, then it will be more that 50x from its price to day. Its good to be more positive and stay low, expect the reality and be better for tomorrow bitcoin will be the key for our success financially so keep working.

[magneto]

I think it's possible but it's unlikely for sure.

The market capitalisation right now is significantly higher than previous bull markets, which suggests that it'll be significantly harder for markets to move in the upward direction because it would require a significantly higher capital injection within the market.

It still remains to be seen whether or not $20k will be breached this time round, because 5 digits is still posing significant psychological barriers right now.

[gentlemand]

I think it's possible but it's unlikely for sure.

The market capitalisation right now is significantly higher than previous bull markets, which suggests that it'll be significantly harder for markets to move in the upward direction because it would require a significantly higher capital injection within the market.

I really thought that once the price had moved into late 4 figures and 5 figures the percentages of the moves would be radically lower. People would be excited by a couple of hundred bucks. Yet it can still lose or gain 30-40% in a single day just as it could when it was 2 figures.

I don't know what that means, it doesn't seem healthy to me, but the possibility for truly barking moves is still more than alive and kicking.

If we think in terms of market cap and just how thin these markets are then it still doesn't really require huge sums to make giant moves. I expected it to be past that by now but it hasn't changed. It looks like it needs another monstrous move up before it does start to behave in a less shitcoiny manner and even then it might need another one.

[Baofeng]

Maybe the question is when are we going to hit that price?

To be able to get to that range, we need money, fresh blood to pump the market, maybe institutions to enter the picture. But it will be very difficult specially when we tops $20k as this is going to be the big psychological barrier (remember the last time?). But I believed that the money should come in retail or more adoption continents like Africa could be a big place to fuel this, just saying.

[Slow death]

Weeks after the second halving in 2016, Bitcoin started a rally that propelled its price from $582 to $20,000.

Two years ago, the price has reached the $20,000 because of ICOs, hard fork and the high expectation created about the Futures. If we follow your reasoning, then when the price reaches $55000 months later it will fall much as it did when the price reached $20,000 and then dropped to $ 3000. I see a lot of comments that the price will reach $ 55000, but in my opinion this is a big exaggeration

[goinmerry]

Weeks after the second halving in 2016, Bitcoin started a rally that propelled its price from $582 to $20,000.

2016 halving..it's like just yesterday. I remember a few months before 2016 halving, everyone always talks about the price increase that might happen after that. And halving now occurs, no big movement on the price for at least months if I remember. Then suddenly at the last quarter of 2017, bitcoin gone wild and established it's new ATH.

I personally believed that's not because of halving but only because others ride the trend. Now for the upcoming halving next year, I will not think of the same since we are now done on the stage of withstanding the negative impacts and all remains are true.

We might not see a sudden increase after the next year 's halving but I'm sure the bitcoin price will establish a new ATH after a year or two.

[proudhon]

Nah, the halving was priced in in that run-up near $14k earlier this year. Once the halving comes and goes and the price is still below $10k, then the real disappointment will set in and we'll see massive sell-offs as people abandon bitcoin en masse. The run for the door is going to be as spectacular to watch as its rise has been. It'll wobble up and down as it continues the greater down trend it's been in, and is clear as day, for the last near 2 years. It might be able sustain an unstable price around $1k. $20k was utter insanity. $10k is pretty absurd.

[wajik-tempe]

Even the supply is less and the difficulty to get bitcoin is twice higher after halving, it will still depends on the demand, it the demands is still the same just like today, i'm sure the price at least doubled from today. And for reaching more than 50k i think it won't happen in near future but a year after the halving, just like the big bull run before, bitcoin halving in 2016 and the price pumped in the next year