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

[barota]

yes i think your predection are logic ; and prices bitcoin have a good chance for reach 130000 usd per btc as new high price . halving have lot of thing that help prices for rise like thos positive thing decrease reward mining to half
so for this reason prices can stable eaisly above 55000 usd per btc always

[Visbay]

Yeah but that 20k is not the real deal right?
I very much would like to make those predictions happen but there is just too many doubts by now.
They also consider the whales faking the dump and pump and just manipulate it the other way around. Vice versa of what happened the last halving and the other.

Also, consider the large amount of FUD that is being spread.
How about the news of Google being the bitcoin killer.

Yes having this much increase is price looks doubtful to me but who knows what Will happen next I think we all should cross our fingers and pray about the increase in price faster. Gradually we are improving allot and this much rise will take so long as you said whales are all ready to make a disturbance in the market with huge purchasing or huge selling we only can hope for the best.

[LordShanken]

Recently, I have read the statements of some analyst who say that in the case of the upcoming halving it can be completely different. This means that there does not have to be a price increase, but another bear market. All because the hashrate falls and many miners turn off their mining rigs. When the reward will be halved, hashrate may fall even more and the market may collapse.

[Wilhelm]

OP price prediction is close to my guess. I would believe between $50k and $70k with a short burst to an insane ATH.

[kapalmabur]

OP price prediction is close to my guess. I would believe between $50k and $70k with a short burst to an insane ATH.

now also the price of bitcoin has fallen sharply to $ 7900, this is the last support if we look, I believe bitcoin can reach $ 50000, but we have to get through this,
if the price of bitcoin is now down again, I don't think it will be reached, we just look and observe the movements of bitcoin this time

[Wilhelm]

OP price prediction is close to my guess. I would believe between $50k and $70k with a short burst to an insane ATH.

now also the price of bitcoin has fallen sharply to $ 7900, this is the last support if we look, I believe bitcoin can reach $ 50000, but we have to get through this,
if the price of bitcoin is now down again, I don't think it will be reached, we just look and observe the movements of bitcoin this time

Remind yourself that the halving has always been the lowest point on the exponential curve.
So once the halving passes the fun will begin. 

[Wilhelm]

Bitcoin holders will surely smile after halving because history always repeat itself so shall it be come 2020. But my major concern now is that will the impact of halving on Bitcoin influence other altcoins like ethereum, Bitcoin Cash? Or one should convert altcoins to Bitcoin before the event.

My experience is that Bitcoin usually takes the lead and a select few altcoins follow.
Once close the the Bitcoin ATH it will be much harder to buy or sell Bitcoin. Then people resort to altcoins that will remain increasing.
Then the collapse happens and everyone gets the hammer.

Play your altcoin purchases right and you can make a higher percentage of profit. However your risk profile is way higher so get off the train in time.

[gogoi]

Relaying a message:

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.

[…]

What will the Bitcoin price be at the halving?

[…]

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

You mentioned in your video that some people think the BTC price will reach a new ATH before the coming May 14, 2020 halving. I’m one of the proponents of the theory that the BTC price will reach a new ATH before the May 14, 2020 halving event.

A fundamental causation for my posited re-acceleration hypothesis is because I have analyzed the possibility that the legacy Bitcoin protocol is being “readopted” (analogous to the moonshot in the BTC price when legacy was first adopted in before 2013 and misdirection of adoption onto the impostor Core “soft fork” protocol) as warned by the powers-that-be. And I find evidence of this posited BTC price re-acceleration in the charts and also in the recent actions of some whales (c.f. also the Trilema.com/Dao attacker and what Bakkt did). All of the cryptocosm value will be refocused into the legacy Bitcoin with the coming “poison pill” game theory defense mechanism of the one proof-of-work chain to rule them all.

Below I will discuss some of the evidence of re-acceleration I find in the charts. Click the images to go to their source.

Readers may also be interested in my blog: McAfee’s Dick Math: illuminating Bitcoin’s ACCELERATING price

Let’s start with your chart comparing the 4 year period prior to each of the 2 prior halving events and the upcoming Bitcoin halving event (3 cases total). Note the prior ATH of the current (i.e. top-most on your chart) case was nearer to the start of the four year period analogous to the prior (i.e. middle on your chart) case. Whereas, the final “over the cliff” drop to the bottom and the sudden and steep (i.e. more accelerated both in time and price) out that of that bottom for the current case is more similar to the first (i.e. bottom-most on your chart) case. Also notice for first (i.e. bottom-most) case that the rise in the price before the halving was not as great as for the prior (i.e. middle) case, but the rise after the halving was much more accelerated (both in time and price) for the first (i.e. bottom-most) case as compared to the prior (i.e. middle) case. Thus the BTC price rise after the halving for the current case should be more accelerated than the prior case:



Next let’s refer to your chart comparing the level of the price at each subsequent halving event and the length of the “reaccumulation” (sic) phase before each halving event. Note that the prior (i.e. middle on this chart) case had both a higher price at and longer “reaccumulation” before its succeeding halving event than the first (i.e. left-most on this chart) case. Given an even longer “reaccumulation” before its succeeding halving event for current (i.e. right-most on this chart) case compared to the prior case, the BTC price should be even higher before and right at the coming May 14, 2020 halving as compared to the prior case:



Let’s refer to the stock-to-flows (aka S/F) model below to see that the BTC price at the halving event in the prior case was 1.6 times higher than the S/F model price:



How much higher than the prior case should the price be at the coming May 14, 2020 halving event? Note in the charts below that the BTC price in your “accumulation” and “expansion” phases for the prior case were either below (at the same timing before the halving given by similar shade of green color) or at best only up to the S/F model price:

6Qo.png[/img]

Whereas, the current case has already achieved 1.6 times higher than the S/F model price in this “accumulation” and “expansion” phase:



Thus we should expect the BTC price at the coming May 14, 2020 halving event to be accelerated 1.6 × 1.6 = 2.6 times the ~$8800 S/F model price at the coming halving event. Additionally the current case has even more “reaccumulation” time than the prior case to build an even higher BTC price at the coming May 14, 2020 halving event. Thus the price at the coming halving event could be 3 ­– 4 times $8800 or roughly $26 – $35k. Additionally, I’m positing double of (i.e. two times) those prices projections at the halving due to third-order derivative (i.e. the rate of increase in the acceleration) mathematical effects which I don’t want to attempt to explain now.

Another reason the BTC price can front run the S/F model price rise at the halving is because PlanB recently unveiled the model.

Note I think the anonymous PlanB might be an agent (or an unwitting tool) of the bastard global elite who created Bitcoin are organizing the SegWit attack. PlanB (or someone at Twitter and Medium) banned and censored me from commenting on his Twitter and Medium blogs because I was getting too close to revealing these truths. I posit he has released this model to cause the market to front run the model and thus help achieve their goal of a nosebleed, moonshot BTC before the halving so that the hashrate difficulty will be so high when they initiate the SegWit donations attack that the Core protocol fork-off chain will become so slow that perhaps only a new block found every week or month. To drive the Core protocol fork-off to ~$0 price and complete their objective of surreptitiously concentrating most of the BTC in their own hands.

Also your projection for the ATH price after the coming halving is much, much too low. As I explained above, there is a reacceleration tweening between the prior and first cases. In those cases, the ATH price reached 3 and 10 times the S/F model price. Given the S/F model price will be $104k in 2021, the peak ATH should be at least $300k – $1 million. And there is a front running acceleration, so that peak ATH price could be attained as early as the end of 2020 so that McAfee doesn’t have to eat his dick. C.f. also my blog: McAfee’s Dick Math: illuminating Bitcoin’s ACCELERATING price

The current state of the RSI is indicating a sudden rise in the price is imminent analogous to 2013 (not 2017) for the reasons I explained above:

https://twitter.com/davthewave/status/1195128691099160576

I thus expect the rise in the BTC price to mimic the entire year of 2013 from this point forward. A moonshot rise pre-halving, then a dip with the SegWit attack killing Core and focusing the cryptocosm on legacy Bitcoin, then legacy Bitcoin rising above $300k before the end of 2020.

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.

Plausible reasons:

• Refer to my above readoption and thus reacceleration theory (which I know you think is loony and conspiratorial).
• The IRS ruled that spending any amount of digital virtual currency is a taxable event, thus hopeless for Bitcoin being adopted more as a currency.
• Bitcoin is being prepped as a 666 global reserve currency, to be used by $billionaires only. The coming SegWit attack will kickoff and destroy all the minions who think they own some cryptocurrency but will soon find out they do not.
• "The greatest shortcoming of the human race is our inability to understand the exponential function." (i.e. acceleration or second derivatives):
  
  https://www.resilience.org/stories/2013-09-15/albert-bartlett-on-message-about-exponential-growth-to-the-end/
  
  https://www.youtube.com/watch?v=sI1C9DyIi_8
  
  With exponential growth, the lily pond can be 50% covered on the 29th day and on the morning of the 30th day, 100% covered with lilies.
  
  Just because we can’t “see” visually the fact that the price is about to soon obviously front run the halving, does not mean the front running isn’t glaringly obvious mathematically. The front running is very well developed already. Most of you just can’t “see” it so glaringly yet because your eyes are not visualizing math.

For the price objectives and timing over the next months until the Bitcoin halving event, I recently wrote in private email several days ago before the drop below $8600 and before LTC had dropped below $60:

IMPORTANT. MAKE SURE YOU READ THIS.

Strangely the fractal pattern at the current juncture for LTC/USD could be correlated to either early to mid Feb 2019 or Jan 10 2019. It appears LTC may be accelerating in time (but not in proportional price) compared to the prior fractal pattern earlier this year. So perhaps LTC will not decline below $60 again in 2019.

Whereas, BTC appears to not be accelerating in time but is accelerating in proportional price.

By proportional price, I mean compare the price rises from the prior $22 and $3102 bottoms as the difference in price from the bottom divided by the price drop from the cliff edge at $56 and $6550.

The calculation shows that LTC is 93% and BTC is 260% (2.6X) of the proportional price rises thus far compared to the prior fractal.

Thus I compute projected prices for LTC of $82, $116, and $158. And for BTC  three consecutive monthly highs of $13k, $21k, and $32k.

But those prices do not have to occur at the same time, especially not the $82.

It seems the only way to fulfill the 0.01 LTC/BTC target is for LTC/USD to hit $82 while BTC/USD drops to $8200. Then the $116 can occur with a rocket shot in BTC to $13k. I was expecting that rocket shot at start of February, but everything may be accelerating in time.

Recently @infofront cited a Twitter post that said the LTC miners are preparing to disconnect their machines and pumping the LTC price so they can get out and liquidate their mining equipment (and LTC) at the best prices. Apparently they expect BTC dominance to return soon and they want to cash out.

BTC/USD may decline to $8200 before end of November with LTC rising to $82 as the very short altcoin season bleeds BTC for a month only. Then BTC slowly rising to $9600 before end of 2019. Then a rocket shot to $13k on Armstrong’s ECM turn date in the start of January. With LTC rising to $116. Then $158 and $21k in February. In March BTC hits $32k and LTC and all altcoins are declining. In April BTC goes supernova to $50+k. My target for a spike high was $78k.

Let’s revisit what may end up being a very, very important blog, perhaps even more important than Plan B’s stock-to-flows model:

https://medium.com/@positivecrypto/the-golden-ratio-multiplier-c2567401e12a

Focus on this chart:



Interestingly at the recent $13.8k high, the ratio to the 350 DMA was 2.4. That places it between the red and purple lines. Which thus corresponds to a tweening between the peaks in Q3 2012 and Q3 2013. Whereas the corresponding peak in 2015 commensurately before the halving was only up to the green line, so current fractal pattern is not corresponding to the 5 multiplier. And if we do get a rocket shot into the May (actually late April) 2020 halving, then the chart is going to look very fractally similar to the 2013 rocket shot.

So this means (as I had posited previously) that the multiplier for the coming peak in late April 2020 should be between 8 and 13. The 350 DMA is currently $7k and will rise to greater than $10k. Even if the multiplier does decline to 3 as that blog posits, that is still going to be in excess of $30k for the peak. So perhaps my $32k will be the peak and perhaps the rocket shot to $13k will not begin until February 2020.

However, I assert that the legacy Bitcoin is being readopted, which will cause a stampede effect and thus a reversion to the 8 or perhaps 10 multiplier. Again 8 would place it near to my $78k expectation.

Also the above linked Medium blog gives a very useful metric for timing the ATH, when the 111 DMA crossed over 2 multiplied by the 350 DMA. We should remember to watch for that. So estimating now roughly when the 3.5 month average price is higher than somewhere above $20+k. So if we take my 3 consecutive month price estimates $13k, $21k, and $32k and presuming some acceleration along the way to average is weighted more towards the lower prices. Also those are peak prices, with dips in between. And the 350 DMA is likely to be higher than $10k. So a quick moon shot to $50+k in April after a dip from $32k in March, is within the realm of mathematical possibility.

$32k is the minimum for the ATH before May 2020, presuming my thesis is correct that the price will be pumped in advance of a posited SegWit attack at the halving.

Interestingly the 350 DMA should be ~8+k by early January, so a 1.6 multiplier would be $13k. By February should be $8.5+k thus 2 to 2.4 multiplier provides my $21k target (remember the tweening). By March $9 – $10k, so the 3 – 4 multiplier will provide my $32k target.

My current scenario after studying carefully the fractal pattern correlation. The current U-shaped correction appears to be roughly 71% of the duration of the prior one earlier this year.

BTC should bottom on this current retracement below $8500 by Nov. 24. The ideal target is $8200. LTC will retrace to somewhere between $57 and $60.

On ~Nov 24, a spike up for LTC and BTC to ~$70 and ~$8700. Then a decline over next several days to $60 – $64 and $8 – $8.4k. Then another spike up on ~Dec. 5 to ~$75 and $9.7k. Then a decline over next couple of days to ~$65 and ~$8.5k. Then by ~Dec. 13 a spike up for LTC coupled with a slow rise for BTC to ~$80 and $8.7k. Then slow rise by ~Dec. 22 to ~$83 and $8.9k.

Thus I see LTC/BTC reaching only a maximum of 0.0093, although perhaps 0.0098 is possible on some intraday spike divergence for LTC and BTC. I would probably sell LTC at $80 and thus 0.0092 is likely the best I could achieve. Given an entry at 0.0069, that would be a 33% gain in BTC, if repurchasing BTC immediately after selling LTC. Those who entered at 0.006 might get a 50% gain in BTC if they time it perfectly.

Another strategy might be to sell maybe half at $75 and then if LTC drops to $65 repurchase for a 15% gain, else (if LTC does not drop) purchase BTC for ~$8.5k (because it seems BTC must drop otherwise it can’t rise to $8.7k), so that is still a 27% gain in BTC is purchased LTC when LTC/BTC was 0.0069.

Frankly only a 33% potential gain (relative to BTC) is not all that incredibly enticing given the risk of the volatility of LTC. Timing may be end up elusive.

GRS-GRS-GRS-GRS-GRS-GRS-GRS-GRS-GRS-GRS-GRS-GRS-GRS-GRS-GRS

I did the same calculations for GRS and it’s about 3X leveraged in price compared to the prior fractal earlier this year. On ~Nov 24, GRS should rise to ~0.27 which if BTC is $8700, then GRS/BTC will be 0.000031. Then by ~Dec. 13 a spike up ~$0.48, and thus GRS/BTC 0.000055. So I think GRS/BTC has better leverage and can double your BTC, but you must have your sell limit orders waiting because the spikes can be completed in a couple of hours sometimes. A strategy would be to sell maybe half at $0.27 and attempt to reload at $0.23 or purchase BTC at $8700.

In this scenario, the rocket shot is timed perfectly with Armstrong’s monumental ECM turn date, so ~Jan 1, 2020, a rocket shot to ~$116 and ~$12.5k. That will be the last chance to trade LTC for BTC. BTC may have an intraday (or next day) spike low of $11k. So if you sold at say $110 and repurchased $11.5k, that would be 0.096, thus increasing potential BTC gains to 40% (if purchased when LTC/BTC is 0.0069) or 65% if entered when LTC/BTC was 0.006. But that’s going to be some chaotic timing. Hope the exchanges don’t get slammed.

In this scenario, during the rest of January LTC will decline to ~$86 and BTC will oscillate but reach a peak of $13k. I wonder if we will get another flash crash in late January to $10k this time, mimicking the flash crash in April 2019.

In this timing scenario, before Feb 12 (2020), BTC will spike up again to $21k. Within a week a decline to perhaps ~$17.3k. Then another rocket shot to ~$32k by ~March 2.

The market would be somewhat confused at this point because the ATH would have been significantly exceeded well before the halving. Thus I would expect some sort of deeper and slightly longer correction. Maybe back to $21k again to throw many off the train who are looking to repurchase below the 2017 $20k ATH before the halving currently targeted for May 14:

https://www.bitcoinblockhalf.com/

That and including the uncertainty about whether the price will indeed go higher than ~$32k before any SegWit attack is why I will probably take all the cash I am going to need at $32k, then perhaps repurchase half of what I sold if the price drops to say $21k before the halving. Also I will be keeping my eye on the 111 DMA vs. twice the 350 DMA as mentioned in my prior email. Such an extended decline might be necessary to keep that 111 DMA from prematurely crossing down under twice the 350 DMA.

So then in April suddenly a moonshot to $50+k. Again my target is $78k but I will reaccess at that time after looking at all factors including where is the 350 DMA at that juncture.

What's going on everyone. Would love some feedback and thoughts on this post.

Let's discuss.

[tenakha]

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

If the analysis were that easy...
We are all aware of the different nature of BTC. So we do not know what will happen until or after halving. Maybe the price will go down as it does today, maybe it will increase as unexpected. The previous ones had an impact on the price, and I hope we will get the same result from the next halving. For now, the important thing is whether the price will reach $6900 level and the next moves.

[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

If the analysis were that easy...
We are all aware of the different nature of BTC. So we do not know what will happen until or after halving. Maybe the price will go down as it does today, maybe it will increase as unexpected. The previous ones had an impact on the price, and I hope we will get the same result from the next halving. For now, the important thing is whether the price will reach $6900 level and the next moves.

The best pro athletes also make the sports they excel out look easy. The truth is there is nothing easy about it.

Same here. Nothing easy about it.

[Wexlike]

If the analysis were that easy...
We are all aware of the different nature of BTC. So we do not know what will happen until or after halving. Maybe the price will go down as it does today, maybe it will increase as unexpected. The previous ones had an impact on the price, and I hope we will get the same result from the next halving. For now, the important thing is whether the price will reach $6900 level and the next moves.

Well, we just reached $6900. Curious how it will go from here.

[bbc.reporter]

If the analysis were that easy...
We are all aware of the different nature of BTC. So we do not know what will happen until or after halving. Maybe the price will go down as it does today, maybe it will increase as unexpected. The previous ones had an impact on the price, and I hope we will get the same result from the next halving. For now, the important thing is whether the price will reach $6900 level and the next moves.

Well, we just reached $6900. Curious how it will go from here.

It might also occur similar to litecoin after its halving where some of the miners shutdown and the hashrate went down. I reckon it might begin the question if fees alone can secure bitcoin.

[romero121]

If the analysis were that easy...
We are all aware of the different nature of BTC. So we do not know what will happen until or after halving. Maybe the price will go down as it does today, maybe it will increase as unexpected. The previous ones had an impact on the price, and I hope we will get the same result from the next halving. For now, the important thing is whether the price will reach $6900 level and the next moves.

Well, we just reached $6900. Curious how it will go from here.

It might also occur similar to litecoin after its halving where some of the miners shutdown and the hashrate went down. I reckon it might begin the question if fees alone can secure bitcoin.

There was big expectation by the time of halving. What we expected and what happened with litecoin is entirely different. Those two past halving gave good market pumping, but the present market scenario is different and there is increased market demand as very little number is to be mined compared to the previously mined bitcoins. This time the growth should be much higher than the past, but as of now there is hard to predict what gonna happen by the days before and after halving.

[bbc.reporter]

@romero121. However, there might also not be an increase in demand after the halving. This is not automatic. Do you not see the argument that it might occur similar to litecoin? It will reduce miners' earnings and it might cause some of them to shutdown.

[Bezobraznike]

@romero121. However, there might also not be an increase in demand after the halving. This is not automatic. Do you not see the argument that it might occur similar to litecoin? It will reduce miners' earnings and it might cause some of them to shutdown.

    Some of us are just optimistic, and we have every right to be. Demand doesn't need to increase, it's enough to stay the
same and the price will rise with decreasing the supply.
    Deep inside every person on this forum have some optimistic prediction for the price of Bitcoin after the halving. We are
accumulating satoshis and we hope for the best outcome. The halving is getting closer, so in 6 months we will see what
will happen after the halving.

[Furious 7]

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.

Despite the fact that it is some how difficult to predict the future price during or after halving it is believe that history do repeat itself. And you take a vivid look at what has happened during halving in the past you will come to realize that they might replicate of the past incidents.

I am sure history will repeat itself, every 4 years after Halving happens, the price of Bitcoin is always pump very high, We can look at the previous Halving where in 2017 (a year after Halving) and I think the same Pump will occur in 2021, a year after Halving.

Yep also needs a process to reach ATH especially when every halving happens in a few months there will be a pumping I'm so sure about that but we have to wait in the right time, especially when market conditions like this are still many speculating about the price of bitcoin that will soar high but not in fact this year.

[bbc.reporter]

@romero121. However, there might also not be an increase in demand after the halving. This is not automatic. Do you not see the argument that it might occur similar to litecoin? It will reduce miners' earnings and it might cause some of them to shutdown.

    Some of us are just optimistic, and we have every right to be. Demand doesn't need to increase, it's enough to stay the
same and the price will rise with decreasing the supply.
    Deep inside every person on this forum have some optimistic prediction for the price of Bitcoin after the halving. We are
accumulating satoshis and we hope for the best outcome. The halving is getting closer, so in 6 months we will see what
will happen after the halving.

I disagree. Decreasing supply also might cause some miners to shutdown, leaving bitcoin with less hashrate without increasing the price.

I reckon that we should stop and analyze the situation without following the permabull echo chamber blindly.

[btc78]

i would be happy even we only break the 20$ grant last 2017 ,i dont want to frustrate myself looking for much higher because i know there will the the change of system this coming halving.
there will be abusing that happen from the biggest investors just like what they are doing in the market movement from the start.

[DeathAngel]

i would be happy even we only break the 20$ grant last 2017 ,i dont want to frustrate myself looking for much higher because i know there will the the change of system this coming halving.
there will be abusing that happen from the biggest investors just like what they are doing in the market movement from the start.

Once the halving takes effect & there are less coins on the market the previous ATH will smashed. 2021 is going to be epic.

[johnwest]

Everyone is just hoping that this will be true and the price reach may be 7x or 8x of previous all time high. I feel the halving will be a great positive point for the crypto community and we may see another new rally towards ATH.