Bitcoin Price Rises to $20-$50k After Halving...Thoughts?

[tsaroz]

What are your thoughts on Lightning Capital Hedge Fund Manager, Charles Hwang, predicting BTC price will rise between $20-$50k after Bitcoin halving?

 

Highly possible. Bitcoin is pose to a bull run. And bitcoin halving could be the real ingredient to start and catalyze the bitcoin bull.
Both of previous bitcoin halving were followed by a sharp increase in price and we could expect the same this time.

[1715189847]

1715189847

[BitcoinHunt3r]

What are your thoughts on Lightning Capital Hedge Fund Manager, Charles Hwang, predicting BTC price will rise between $20-$50k after Bitcoin halving?

 

I think when people said bitcoin increased, before halving, at halving or after halving or maybe halving is something that will ignite bull run, i will hold it until that time come. Maybe i am look very optimistic, but honestly i can't analyze and only can hold as long as it needed. That is why maybe good prediction really can help me to more optimistic.

[crossabdd]

this is the usual statement. because there are already many predictions about the price of bitcoin, some even say it will reach $ 100- $300k. it's just that there are many doubts about the power of halving. in fact the crypto world is unpredictable. so we can't be sure of that. I personally only predict bitcoin will have a price of $ 8k- $ 10k after halving is finished.

[ubercool]

Anything is possible with crypto and Bitcoin.. we have seen some crazy pumps in the past like 5x and 10x is nothing. In my opinion, it may not cross the 20k mark but may reach near to that with a new all time high keeping strong volume.

[White Christmas]

Actually after the halving the price of bitcoin can really starts an impressive actions and movement because of the halving that will happen on the year 2020, we see a merely fact that there is a enough reason why some people are predicting such a high price and if that's the case then it would be really hard for us to not notice about them because the prediction that may give from them will be true. But nobody knows if this will actually becomes true because this kind of high prediction can't trust after all although it have enough evidence, simply because the people knows that in crypto and the price of bitcoin is very unpredictable.

[kryptqnick]

Pretty much nothing but your typical price prediction that's most likely going to be wrong in the end, just like every other price prediction, ever. It's really nothing new.

Well, if there's no time limit when exactly after halving the price will become $20-$50k, then I'd say that this prediction is most likely to come true 
The link OP provided does not have any info about this prediction, by the way, and I've looked through some articles including one written on Medium by Hwang, and it seems that this guy isn't even saying that it'll happen immediately. Moreover, if one takes a look at previous halving events, they did not immediately cause a bull run, that happened significantly afterward and I even believe that it cannot be attributed to halving that much.

[sunsilk]

I don't lean with their predictions anymore although it's like that everybody is expecting to happen something like that after the halving, but we can't be sure if it's exactly that's going to happen. These experts are now coming and it gives worry again.

Last 2017, the market was very great and it's on all time high then there they are, the crypto prediction experts. Telling that by 2018 bitcoin was about to reach more than the all time high but we've seen what happened.

[Fappanu]

What are your thoughts on Lightning Capital Hedge Fund Manager, Charles Hwang, predicting BTC price will rise between $20-$50k after Bitcoin halving?

Hopefully this will happen again because of this I can recover from my previous investment losses in ico and especially bitcoin when the price was still high. But I do not believe much now in the predictions of the so called prophets because it was my reason to buy more bitcoin before which eventually fell in price.
For now I would prefer to secure profits.

[msarro]

Those who believe in this news that bitcoin will cross 20,000 - 50,000 USD after coin halving should start buying bitcoin right now at 7500 USD. We are not willing to buy bitcoin at current price while we are also certain that it will cross 20 - 50k after coin halving.
I don't understand this double standard.

[longyenthanh]

Never buy bitcoin on such predictions.
We have seen that all such predictions went wrong previously. Recently there was speculations that ethereum price will also jump up after Istanbul hard fork but nothing such happened. If you want to buy bitcoin just DYOR and buy it, never follow such speculations.

[coin-investor]

What are your thoughts on Lightning Capital Hedge Fund Manager, Charles Hwang, predicting BTC price will rise between $20-$50k after Bitcoin halving?

 

He just echoing, other experts prediction and the past history of halving, I don't see  Bitcoin making a different move as Halving is fast approaching, everything points to another all-time high, it's been two years of waiting for the bull run to finally happen, I guess the majority are unanimous in their mindset that this halving will have a serious impact and we should all be ready for it.   

[barota]

yes i think your pridiction are logic because because before start of halving traders will buy bitcoin especially who already sold this year or in this bear market . then after halving total supply will not rise like recent year ; so prices have good chance for rise over 20 k usd

[Febo]

What are your thoughts on Lightning Capital Hedge Fund Manager, Charles Hwang, predicting BTC price will rise between $20-$50k after Bitcoin halving?

It is to optimistic. Price of Bitcoin should start grow in Spring next year, but to reach $20-50 in only few short months is a bit to much. If price will be close to $15000 I will be more then happy. If it will be over $10000 will be totally fine.

[Palider]

Never buy bitcoin on such predictions.
We have seen that all such predictions went wrong previously. Recently there was speculations that ethereum price will also jump up after Istanbul hard fork but nothing such happened. If you want to buy bitcoin just DYOR and buy it, never follow such speculations.

Yes we do not rely on other predictions because they will cause us losses. As you said, it is best for us to study and learned what the price of bitcoin will be because we can be sure on our prediction on what will be the price of bitcoin in the future.

[The Sceptical Chymist]

OP, you referenced a prediction from someone very specific, yet the article you linked to doesn't include that prediction at all.  It'd be so much better if you would provide a link to things you're referencing.

Anyway, two statements from the article caught my skeptical eye:

The 2016 halving doubled the price of Bitcoin $400 to than $800.

For traders, they can expect extreme volatility before and after.

I would not conclude that the halving was responsible for the doubling of the price, or at least if I was writing an article to be read by who knows how many people, I wouldn't be so confident in that conclusion.  For all we know, that could have been a coincidence.

Second, there's no reason to expect any more volatility around the halving than what's typical with bitcoin anyway.  That's another conclusion I wouldn't be so confident in that I'd put it in writing and sign my name to it.  

This is exactly why I hate reading crypto news articles.  At least with the mainstream media you know you're reading something from legitimate journalists.  In crypto news websites, who the F knows what kind of qualifications the writers have?

Edit:  Oh yeah, and is it possible to have an article about bitcoin that doesn't include a huge picture of a gold coin with the BTC symbol on it?  It's getting really fucking old.

[harizen]

What are your thoughts on Lightning Capital Hedge Fund Manager, Charles Hwang, predicting BTC price will rise between $20-$50k...
 

Up to you to buy that prediction or not. As for me, it's just another predictions and speculations we see every day.

Technically, halving will not literally lift up the price but it will give "positive expectations" that will create a positive hype that might result in creating more demands. The process will take some time.

That's why prior to expected halving, expect that those enthusiasts will try to accumulate coins as they can like what they did during 2016 since they already have a glimpse of what to expect years after that 2020 halving.

$20,000, $30,000, $50,000 - doesn't matter if it will be achieved or not after halving as long as we will have a healthy price movement. After all, I just want to stick my speculation on a realistic numbers and achievable figures.

[TEX-LXRY]

This topic has been raised several times in the past, and I would like to say that it is understood able that when something gets short in the market its value gets raised because the demand raises and the supply is less. Same is with the halving process of bitcoin the miners get less amount of bitcoins but the cost they are getting is almost the same as before but the reward is less. Now keeping in mind that we are getting fewer bitcoins for every block means we are getting fewer bitcoins in circulation per block rather than 25Btc or any other amount so that is why I think it raises its price but $20-50k is a lot and it is very early to say that.

Regards
TEX-LXRY

[exstasie]

The 2016 halving doubled the price of Bitcoin $400 to than $800.

For traders, they can expect extreme volatility before and after.

I would not conclude that the halving was responsible for the doubling of the price, or at least if I was writing an article to be read by who knows how many people, I wouldn't be so confident in that conclusion.  For all we know, that could have been a coincidence.

Sure, but we probably shouldn't ignore that it happened either.

The market also jumped from $5 to $16 a few months before the 2012 halving. Maybe that was a coincidence too, or maybe halving hype is a real thing. I'm looking forward to seeing what happens next year.

[CoinEraser]

I think the price of Bitcoin will rise again in 2020. Every halving has had a positive effect on the price of Bitcoin so far. I'd be really surprised if it wasn't this time. Of course there is no guarantee for it, but so far the price of Bitcoin went up again and again. I'm gonna crossing my fingers to make it happen again this time. 

[adzino]

What are your thoughts on Lightning Capital Hedge Fund Manager, Charles Hwang, predicting BTC price will rise between $20-$50k after Bitcoin halving?

Kinda looks like you are just trying to advertise your news portal site right? Look, those predictions are just bullshit. It is like they are randomly guessing the price based on no fact that can back up their guess or claim. We all know that due to halving of the reward in 2020, the price will actually rise (at least for a while before going back to where it was). Now people are making some bullshit prediction, just so that investors jump in and cause the price to rise further.
Honestly, $20,000 USD to $50,000 USD kinda sounds impossible to happen.