Bitcoin halving 2020 prediction

[yulionoo]

indeed no one knows for sure whether bitcoin will go to the moon after being reduced by half. at the moment we are only speculating and comparing with the previous halving day.
we know that the price of bitcoin is greatly influenced by demand and supply. when the number of bitcoins being mined decreases but demand continues to grow naturally the bitcoin price will rise. this is what always makes me optimistic that bitcoin will be bull after being reduced by half.

[crossabdd]

any prediction is not a problem. but this is the crypto world. anything can happen. I personally still believe bitcoin will have a value of more than $ 10,000 after halving occurs. yeah, they think like that. because for the past 10 years bitcoin has no important function other than just for trading and transactions. so the more difficult bitcoin is mined, it can make the miners not continue. This is in my opinion about the statement you wrote.

[gabbie2010]

Price history would repeat itself again as far as the halving of bitcoin is concerned come 2020, every crypto enthusiasts is expecting a massive pump based on the two previous halving experiences I am predicting the price to be well above $15,000 there was a lot of  massive adoption of bitcoin 2017 coupled with the halving that really triggers the price then however a lot of newbies who bought at the peak were disappointed with massive dumping in the price that occurred then thus were disappointed and left bitcoin I wouldn't expect such a massive embracing of bitcoin in 2017 to happen again in 2020.

[Ahiaba]

I don't believe that there is any insider of the market movement that will tell you exactly how the market is going to move after halving come next year, don't be JJ C of what called themselves about market movement of Bitcoin and crypto currency in general.

[Pipdips]

I'm still thinking the next halving will show no noticable change in price pattern. It will possibly mimic Litecoins last halving that was a dud. In that regard, I think it IS predictable this time around. Each day we start to identify more patterns with Bitcoin that are ringing true. Bitcoin now has enough history behind it that we can start figuring it out its behavior much better.

To recap: the next Bitcoin halving will possibly just be business as usual without any noticable effect in price or pattern.

[Hamphser]

I don't believe that there is any insider of the market movement that will tell you exactly how the market is going to move after halving come next year, don't be JJ C of what called themselves about market movement of Bitcoin and crypto currency in general.

It seems like a monopoly is going to happen if there are insiders in the market that is planning to make their own trading signals. Well, i don't know what happens if people know this but i think there is something that can stop monopoly if ever there is.
In 2020, i think the price will be a little stable just like what happen to bitcoin this year.

[davinchi]

Bitcoin prices at the time of halving might be heavily dependent on where we will be closing this year. Yes, this year's closing price will act as a big psychological factor among traders and investors to decide their directions. Unlike most people are aware, closing and opening prices along with year's high and low are being considered for the calculations of support and resistant levels of next year.

That calculation is simply known as pivot point analysis. If bitcoin prices close above $10k this year, then traders may keep faith and may keep investing which may lead prices to trade above $15k at the time of halving and if we fail to have prices to stay above $8 and trading below $7k levels then we may have new low in 2020 as traders may find market is moving towards its support levels rather than trying to break the resistance levels.

[Barbut]

any prediction is not a problem. but this is the crypto world. anything can happen. I personally still believe bitcoin will have a value of more than $ 10,000 after halving occurs. yeah, they think like that. because for the past 10 years bitcoin has no important function other than just for trading and transactions. so the more difficult bitcoin is mined, it can make the miners not continue. This is in my opinion about the statement you wrote.

It's the part I like to hear, in cryptoworld anything can happen. Mining difficulty will rise, fewer rewards with the same mining gear, this will affect miners a lot, and they will not sell under the price and be at loss. The price will rise after the halving, but we can't be precise how long after the halving. It will take time for things to lay down, and for us to see the effects of halving on price, we need to be patient and wait for that.

[rez303]

An insider with his ear on the tracks, whispered to me this:

The next much anticipated halving event will be a dud. There will not be a parabolic push up in price. It will steadily move sideways in the 5,000 range with low volatilty. Baffling everyone and flattening peoples interest in bitcoin. Meanwhile people will start buying and trading alts again and stablecoins will see a significant rise in popularity especially with big corporations.

So much for making big gains from the next Bitcoin halving event. You are all shit out of luck?

This is also a pretty good conspiracy theory. I think he was obsessed with Litecoin's halving event, now it is far more discounted than when the official halving event happened. But I disagree with his opinion. Because Litecoin seems to be quiet and they are no longer holding large investors, its value has plummeted recently. This halving event of Bitcoin is sure to cause a strong wave and make its price rise even more.

[CryptoBry]

Too many six-digit predictions. Too many one million predictions. Too many theories pointing that bitcoin will repeat the previous cycle. But the previous cycle didnt repeat the cycle before it.

I believe we are still to see the shaking that happened in the second half of 2015. Contrary to what I believed before, the cycle is stretched, not shrunk. 2011-2013 was two years, 2013-2017 was four years. Who knows, maybe this cycle will have six years.

I believe Masterluc prediction is on point. We are going to see $1000-$1200 after the halving, and the next ATH will only happen in 2021. A bull market like 2017 will only happen in 2023.

youre right on that , and there are known people who just predicted bitcoin price going to skyrocket but the question is if they knew bitcoin will reach thier prediction why they arent buying? Why bitcoin price drops instead of going up because of thier predictions.

That is the point actually. And the reason is that those predictions are not guarantees. As long as something is called as a prediction more so coming from anyone just like you and me then there is a big probability that it might not be coming true at all. That is the reality we have to face. Here in the world of Bitcoin and cryptocurrency because of the volatile nature of the assets people have become speculators and as extension are more to be predicting of what can be. These should not be taken seriously maybe we can just look at these predictions to be entertainment just like going to a fortune-teller.

[Hippocrypto]

Too many six-digit predictions. Too many one million predictions. Too many theories pointing that bitcoin will repeat the previous cycle. But the previous cycle didnt repeat the cycle before it.

I believe we are still to see the shaking that happened in the second half of 2015. Contrary to what I believed before, the cycle is stretched, not shrunk. 2011-2013 was two years, 2013-2017 was four years. Who knows, maybe this cycle will have six years.

I believe Masterluc prediction is on point. We are going to see $1000-$1200 after the halving, and the next ATH will only happen in 2021. A bull market like 2017 will only happen in 2023.

youre right on that , and there are known people who just predicted bitcoin price going to skyrocket but the question is if they knew bitcoin will reach thier prediction why they arent buying? Why bitcoin price drops instead of going up because of thier predictions.

That is the point actually. And the reason is that those predictions are not guarantees. As long as something is called as a prediction more so coming from anyone just like you and me then there is a big probability that it might not be coming true at all. That is the reality we have to face. Here in the world of Bitcoin and cryptocurrency because of the volatile nature of the assets people have become speculators and as extension are more to be predicting of what can be. These should not be taken seriously maybe we can just look at these predictions to be entertainment just like going to a fortune-teller.

If that fortune gathers good results, I believed that was destined to happen. Just like what happened from year of bullish market in 2017, that wasn't predicted and yet it proved it's reality. The upcoming years would be so unpredictable, we didn't know when it would be or 2020 might be the perfect year or not? That remains a big questions for all of us and we can't find someone who can provide us more accurate answers by now due to uncertainty of the market situation.

[poptok1]

I don't believe that there is any insider of the market movement that will tell you exactly how the market is going to move after halving come next year, don't be JJ C of what called themselves about market movement of Bitcoin and crypto currency in general.

I say, on the contrary!
Market is full of insiders and you are one of them. Basically all of us are insiders, in a sense of course.
We saw what happened last time, there is nothing in a way for it to repeat this time.
It's only logical to assume that something that is tradable, reduces itself in quantity, it's price must skyrocket.
I think it will score a new ATH and soon after, it will take a step back. Two steps forward - one step back, kinda deal.

[SirLancelot]

we know that the price of bitcoin is greatly influenced by demand and supply. when the number of bitcoins being mined decreases but demand continues to grow naturally the bitcoin price will rise. this is what always makes me optimistic that bitcoin will be bull after being reduced by half.

Halving will occur around May 2020 and I am expecting the price to be dropping by some value by then, just my gut feeling there is no logic I can give behind that. But, the demand as you mentioned does not get affected due to halving. Halving in simple words means the reward per block mined by the miners will be reduced to half so it should be 6.75 BTC per block for the miners and when lesser number of bitcoins are mined the price of bitcoins will go up since less bitcoins are being generated.

I am sure that due to halving, we will end 2020 with new ATH. Yes, around the times of halving we may the market conditions what we are having right now but reduced supply will boost prices slowly which will definitely lead to new ATH by December of 2020.

[Soots]

we know that the price of bitcoin is greatly influenced by demand and supply. when the number of bitcoins being mined decreases but demand continues to grow naturally the bitcoin price will rise. this is what always makes me optimistic that bitcoin will be bull after being reduced by half.

Halving will occur around May 2020 and I am expecting the price to be dropping by some value by then, just my gut feeling there is no logic I can give behind that. But, the demand as you mentioned does not get affected due to halving. Halving in simple words means the reward per block mined by the miners will be reduced to half so it should be 6.75 BTC per block for the miners and when lesser number of bitcoins are mined the price of bitcoins will go up since less bitcoins are being generated.

I am sure that due to halving, we will end 2020 with new ATH. Yes, around the times of halving we may the market conditions what we are having right now but reduced supply will boost prices slowly which will definitely lead to new ATH by December of 2020.

That's way too far to initiate if we will wait another one year, and December 2020 was too long. With the new ATH, I guess it would be so fast to rise when halving take effect in early January next year. We need not be bothered for long waits.

[Free1bitco.in]

I also thought about this.
What if the price of bitcoin does not rise after halving?
what if the price is stable or down?
Well, despite the many questions after that, we still don't know the results. however, we need to try to take advantage of that opportunity. it's better than continuing to worry. look at the positives, you're trying to accumulate assets to make more. if the price goes up at that time, then your prediction is correct, if not, you have collected the assets well.

[JohnBitCo]

I also thought about this.
What if the price of bitcoin does not rise after halving?
what if the price is stable or down?
Well, despite the many questions after that, we still don't know the results. however, we need to try to take advantage of that opportunity. it's better than continuing to worry. look at the positives, you're trying to accumulate assets to make more. if the price goes up at that time, then your prediction is correct, if not, you have collected the assets well.

Just look at the bigger picture. It could be that near the halving , the bitcoin price may dump instead of rising or it may dump right after halving, but all those movements will be temporary as bitcoin will rise and cross all time high any time within one year after the halving.

[DoublerHunter]

Just look at the bigger picture. It could be that near the halving , the bitcoin price may dump instead of rising or it may dump right after halving, but all those movements will be temporary as bitcoin will rise and cross all time high any time within one year after the halving.

^ Last bitcoin halving it will cause a massive increase on Bitcoin so we expect now that it will repeat again. Each of us has a different perspective on a prediction but the fact is bitcoin price is unpredictable and no one knows what will be happened. Miners will get a reward when halving comes so it means and logically it will affect the demand and the supply. There are also instances that after the halving they will sell their bitcoin. Who really knows what will happen and much better let's wait the time will reveal the truth.

[dragonvslinux]

I think there's a good chance that leading up to the halving will be the last chance to get a 4 figure Bitcoin, and I doubt we will ever see this opportunity again.
I also don't think a 5 figure Bitcoin will last as long as 4 figures has. We'll probably spend longer at 6 figures before another correction in my mind.

[Wexlike]

I think there's a good chance that leading up to the halving will be the last chance to get a 4 figure Bitcoin, and I doubt we will ever see this opportunity again.
I also don't think a 5 figure Bitcoin will last as long as 4 figures has. We'll probably spend longer at 6 figures before another correction in my mind.

Just have some cash on the sidelines for an eventual dump. 6 figures ? Haha boy you're definitely not dreaming small ^^

[alexsandria]

Who talk who? Halving is the most awaited event and it never fails to make bitcoin market price wonder at the top. I mean look, just look in the past two halving that had happened, it is just a year after that bitcoin price soar. And someone would talk that it would go sideways? Well, yes. At the time span of pumping. Though we ain't sure but at least we have a foundation to hold with such idea.