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Author Topic: Bitcoin Halving Price Prediction $55,000 - $130,000  (Read 1535 times)
bitsurfer2014
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November 15, 2019, 01:51:49 AM
 #21

Now this will be more exciting as the next Bitcoin halving will ultimately prove or disappoint what most people expect - a historic recurrence wherein Bitcoin price soars up after that event!

I personally believe the effects of this next halving will definitely be in a greater magnitude so that I would assume that we will see Bitcoin reach a new ATH again. Smiley
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November 15, 2019, 02:03:09 AM
 #22

well, that price is too high for me .
i saw the explanation on that video and i just confused , he just explain based on previous halving , and calculate percentage , but he didn't think any factor/sentiment from other sides.
i wont believe it , if u want hear my speculation , 19-40k is a perfect price.

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November 15, 2019, 02:50:27 AM
Last edit: November 15, 2019, 03:02:36 AM by LouVandetta
 #23

I can't wait to see what the effect the halving will have later. Only 181 days to go. As OP mentioned after the halving the price rose quite significantly.
And the last halving that occurred July 2016 took a year and a half to reached the All Time high on late 2017. So I don't think we will gonna see another big pump in 2020.
Might be 2021, still, I might be wrong. But I do hope for the best.
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November 15, 2019, 03:50:00 AM
 #24

But the price could not be actually told accurately.

Let us make 20k as an example. Yes, it did hit that price but it doesn't mean that it will stay that way.
That pump is most likely an error for me. It doesn't seem to be right at all.

True that miners need the right price for payments in their electric bills but still the demand should show up. If none of those happens then how will there be a good pump?
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November 15, 2019, 04:34:35 AM
Last edit: November 15, 2019, 06:42:47 AM by Darooghe
 #25

The previous two halvings were followed by jumps up to $1,200 and $19,000. However, it takes months or a year for this effect to be seen. short term effects are due to hype but long term effects are due to the actual decrease in new supply creation. according to experience from other halvings on other coins. If the value doesn’t pick-up, the hashrate/difficulty will adjust to a new lower equilibrium as less profitable mining. So the risk I see is the huge expectations which are associated with this event, and unlike the previous times this time it seems everyone is aware and waiting for the spike to happen.
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November 15, 2019, 05:09:27 AM
 #26

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.


I am so excited with this event though I somehow afraid of something. Well, halving never fails, price always pumps right after the halving though no one knows what might come next but if we were to look back halving makes price go sky-rocket, and it always did so we are somehow sure that right after the halving in mid 2020 price will surely increase. In comparison in the real world when supply decreases the demand increases as well as its price.

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November 15, 2019, 06:29:23 AM
 #27

It's hard to predict if the price will hit that price, although it could be possible to happen when the halving is close from now. We don't have a clue on how high bitcoin prices will reach, and many people making their predictions. Some people say bitcoin will rise so high and perhaps, it will cross more than $20k-$30k because the rewards for the miner reduces.

Perhaps, the price will hit $40k in 2021, but in 2020, the price will start to rise step by step, and it's not increasing in a short time. But who knows that what we expected can happen in the next year.
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November 15, 2019, 06:37:16 AM
 #28

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.


I am so excited with this event though I somehow afraid of something. Well, halving never fails, price always pumps right after the halving though no one knows what might come next but if we were to look back halving makes price go sky-rocket, and it always did so we are somehow sure that right after the halving in mid 2020 price will surely increase. In comparison in the real world when supply decreases the demand increases as well as its price.

For the long streak of bear market for sure there will be a good thing coming in 2020 and since halving season will came we will gonna experience another skyrocketing price just like what we see on the past halving. And it's good thing to take out the negativity on our mind so that we can create a positive mindset to the person who talks about this but the let see what will happen on future on hopefully we will not fail for our expectations.

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November 15, 2019, 06:41:26 AM
 #29

Well, most of us are probably expecting a similar progression or turn of events just as the past halvings, or at the very least, something similar. Observations could be seen that halvings occur, price goes up and down then suddenly pumps at an insane price. Its honestly quite hard to believe its possible for it to occur a 3rd time, but we all hope as such though.

Assuming that BTC popped off in the past halvings because of the supply being cut off in half, and then another half, we can assume that this halving is the midway, and the rest of the halvings after this year wouldn't impact BTC like what the last halvings did.

If we can say that the last 2 were pumps in price , the 3rd could be a pump or retain, while the rest after the third should be negligible rises or just price retain.

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November 15, 2019, 07:53:41 AM
 #30

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.
We might be far away from that year but I think it's going to build a better economy by next year up to that year and the next would be part of another great history for bitcoin's rise and fall.

Perhaps, the price will hit $40k in 2021, but in 2020, the price will start to rise step by step, and it's not increasing in a short time. But who knows that what we expected can happen in the next year.
We have the same concept in our minds that gradually it shall rise by next year to 2021.



 

 

 

 

 

 


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November 15, 2019, 09:32:28 AM
 #31

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.

you sound like kuwakduck (RIP) here Tongue

the run-up to $14k in my view was the result of the reverse-bubble burst which caused a big surge of money coming back in and shoot the price up. the $10k price is just the bare minimum after the recovery which should be acting as the launching price level for the next bull run.
halving will only be the catalyst that could possibly shorten the accumulation time needed before the next rising phase begins.

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November 15, 2019, 09:55:02 AM
 #32

I think there are so many people who expect halving, and most of them speculate that the price will exceed ATH bitcoin in 2017. This can be bad, and good when the results are out. however, I do not think that prices will be far to the moon. I was very grateful when the price was above $ 15k in 2020. But, in this case, I don't assume that the price of bitcoin can reach $ 55,000 without showing a positive trend at the beginning of the year to come.
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November 15, 2019, 02:17:11 PM
 #33

the run-up to $14k in my view was the result of the reverse-bubble burst which caused a big surge of money coming back in and shoot the price up.

One of the more sensible explanation for April 2019 pump, especially considering that some claim that it was actually Bakkt who caused it by buying 100k BTC for their service.

Since OP is just copy/pasted some info about halving the only thing worth commenting on is price after the last two halvings. There is no doubt that in both cases a rather large pump occurred, but only after a while, not instantaneously at halving time. The question that is worth billions of dollars is whether the story will repeat itself or this time it may take an unexpected turn?

Considering the past and present price, the next ATH could be at least x10 or x20 from the current price which brings us to the numbers close to $100k or maybe even $200k. But we also know that the correction will be brutal, and it can delete up to 90% of the maximum value.

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November 15, 2019, 02:58:18 PM
 #34

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






doesn't deny that Halving does affect prices, but many observers of the world crypto especially traders who previously felt the fluctuation of Bitcoin prices which rose dramatically felt it wouldn't be the same as 2017. due to the fact that Bitcoin prices are holding up with high prices only briefly, namely when the end of 2017 alone. If we back in 2018, still remember the price down so low.

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dark08
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November 15, 2019, 03:35:33 PM
 #35

I think there are so many people who expect halving, and most of them speculate that the price will exceed ATH bitcoin in 2017. This can be bad, and good when the results are out. however, I do not think that prices will be far to the moon. I was very grateful when the price was above $ 15k in 2020. But, in this case, I don't assume that the price of bitcoin can reach $ 55,000 without showing a positive trend at the beginning of the year to come.

I agree to you dude most people think that this coming halving bitcoin price will be spike so high like what happen on the previous halving but everything can be change in directionbecause bitcoin is a full of suprises its better tobe observant to avoid doing any mistake.

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November 15, 2019, 04:39:12 PM
 #36

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.


That's still many days to get as many Bitcoin as you can, majority of the people that's include me believe that there will be a major pump and we are 100% that there will going to be one, but people are predicting a very high price I'd like to be moderate and realistic I will be happy if it reaches $25000, but will be excited if it surpass my own prediction.
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November 15, 2019, 05:06:32 PM
 #37

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.

Good analysis. Similar to wait is laid out in the video as well. Price should trade sideways slightly up into $11,400 and the increase in price should not occur until 6-18 months after the halving. Of course this is only based off of the last two halving cycles we have to go off of but nevertheless the base case.
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November 15, 2019, 05:49:19 PM
 #38

Maybe on the other halving? I mean right now the cost of bitcoin is around 8 thousand dollars, I am not entirely sure how they calculate it because the cost is different everywhere depending on how much you spent on the rig as well but in the end we can say the minimum it could go is around 5-6 thousand dollars and the max is around 10 thousand if you have a horrible setup with a high electricity cost.

So, if you get it to halving how the hell could the cost make it go to $55k to $130k? It is not possible, even on the greatest of possibilities it is around 20 thousand dollars and that is a really high stretch. So all we have right now is $55k to $130k all because people hyped up the bitcoin halving way more than they should and we are predicting on that?

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November 15, 2019, 06:06:59 PM
 #39

If the history repeat then we might pass the ATH of Bitcoin though its not guarantee because we still need more investment and demand for Bitcoin to push the price but I'm very postive that 2020 will bring a good year for crypto market that is why I keep holding my Bitcoin until the halving is finished.

 
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November 15, 2019, 06:13:41 PM
 #40

I think there are so many people who expect halving, and most of them speculate that the price will exceed ATH bitcoin in 2017. This can be bad, and good when the results are out. however, I do not think that prices will be far to the moon. I was very grateful when the price was above $ 15k in 2020. But, in this case, I don't assume that the price of bitcoin can reach $ 55,000 without showing a positive trend at the beginning of the year to come.

I agree to you dude most people think that this coming halving bitcoin price will be spike so high like what happen on the previous halving but everything can be change in directionbecause bitcoin is a full of suprises its better tobe observant to avoid doing any mistake.
Bitcoin is hard to predict the future direction so it make more surprise on every bull run. But it is volatile crypto currency so anytime it will raise and back to previous stage on future days. I think 2017 is the great year on crypto market so rapid hype was occur in the market and next year is unpredictable so wait and see what will happen on upcoming years.

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