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

[killerfrost]

I still remember that many famous investors and large hedge funds also predicted Bitcoin price to rise to $ 20k by the end of 2019. But for now, the truth is that Bitcoin price is only at $ 7000. and there are many signs of a discount, so you should not trust the predictions that come from them. Nor should it be overconfident and hope that Bitcoin price will increase after halving, Previous halving events have helped BTC increase, but this time it may not be like that because there are so many people holding BTC and optimistic with this..
This is an unpredictable market, so we just need to monitor the market and accept the actual price.

[Oceat]

I will be happy if bitcoin reaches 15000 $ price and stay there firmly. That will bring more investors towards bitcoin and due to scarcity price will go up. Only coin halving will be of no use if we don't have many people seeking bitcoin. Why somebody will buy bitcoin that has almost no real world usage and is declared illegal by many countries.

I don't think investors would be driven by that huge price to invest because they would think they are buying at the peak. And Bitcoin wouldn't be stable with that price because I'm pretty sure some small fishes will try to make some profit out of it. Expect a drop and high volatility because somehow it is still closer to the ATH of Bitcoin price before.

Post halving wouldn't make the market rage straight to that price range. History reveals that it takes more than a year to see the price skyrocket.

[Rasa nanas]

it is only a prediction, it means the possibility of it happening is very small.this year I have read lots of predictions, most say if the price of bitcoin will reach $ 20k this year and the rest say it will reach $ 50k and $ 100k. But reality says something else, and I will wait for the next prediction from these people 

[aardvark15]

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

 

I said something similar in another thread I started. I think the halving is a catalyst for a bull run and even a price bubble. I think it will start before the halving and it will last for as much as 2 years.

[BartS]

the majority of bitcoin holders also always say that bitcoin will reach $ 50,000 after being halved by 2020. they are optimistic that bitcoin will pump up after halving because if we look at the bitcoin chart in the previous year bitcoin has always experienced an increase in the year after bitcoin was reduced by half. but in my opinion we shouldn't be too optimistic and confident that bitcoin will go up to $ 50,000. we also have to prepare mentally that bitcoin will not go up or even go down after being reduced by half. bitcoin is very volatile there is no guarantee that bitcoin will rise after being reduced by half. therefore we must be prepared to increase bitcoin and also decrease bitcoin.

The next year is going to be extremely interesting, everyone is expecting the market to go up in value very rapidly but what will happen if we see the opposite? What it is going to happen to all of those people that claim the market will go up when the market does the opposite?

Most likely they are going to panic and they will sell their coins as the price of bitcoin is going down and this will create the perfect opportunity for those that are holding cash to obtain bitcoin at a very cheap price.

[veleten]

the majority of bitcoin holders also always say that bitcoin will reach $ 50,000 after being halved by 2020. they are optimistic that bitcoin will pump up after halving because if we look at the bitcoin chart in the previous year bitcoin has always experienced an increase in the year after bitcoin was reduced by half. but in my opinion we shouldn't be too optimistic and confident that bitcoin will go up to $ 50,000. we also have to prepare mentally that bitcoin will not go up or even go down after being reduced by half. bitcoin is very volatile there is no guarantee that bitcoin will rise after being reduced by half. therefore we must be prepared to increase bitcoin and also decrease bitcoin.

The next year is going to be extremely interesting, everyone is expecting the market to go up in value very rapidly but what will happen if we see the opposite? What it is going to happen to all of those people that claim the market will go up when the market does the opposite?

Most likely they are going to panic and they will sell their coins as the price of bitcoin is going down and this will create the perfect opportunity for those that are holding cash to obtain bitcoin at a very cheap price.

I don't expect it to go up rapidly , I'm very skeptical we will see 8.000 this year
next year is for sure going to be interesting , but will the market go , we can only speculate
the chances are it goes up because of the impending block halving , but this is going to be a process
usually , small and ineffective miners stop mining , hence they do not dump their mined coins anymore , hence the value of each coin in circulation increases
but again - it is all theory , the reality could be way more bitter and I would not exclude revisiting 3-4k too , literally any scenario can happen

[bitbunnny]

Again, such high values are exaggerated predictions. I don't expect that halving will bring such sharp and sudden rise and the price will not be as high as 20000$ or 50000$.  We might barely reach 8000$ by the end of this year so.afterwards we would need a really high jump. I know that expectations from next year are really high but not many of them will come through, that is my opinion.

[BartS]

Again, such high values are exaggerated predictions. I don't expect that halving will bring such sharp and sudden rise and the price will not be as high as 20000$ or 50000$.  We might barely reach 8000$ by the end of this year so.afterwards we would need a really high jump. I know that expectations from next year are really high but not many of them will come through, that is my opinion.

Without a doubt those predictions are giving values that are simply too high but many people believe that those levels are within reach and that is the problem, even if the price of bitcoin goes up after the halving it is very unlikely that we are going to see such prices, and this brings the question, what are they going to do once they find out that their expectations were completely out of place?

And most people are going to sell their coins once they are unable to reach their goals bringing the price down with them and giving us a great opportunity.

[philipma1957]

As per my knowledge, the bitcoin price will be going to hit an all-time high again because there are so many reasons I can give examples.

1) I know that the past halving happened in bitcoin between 2016 to 2017 within a year's the bitcoin price has gain around 10x more until all-time high.

bitcoin has increased 10x after 2016 halving, I hope that we can expect same thing will happen in 2020. and hedge fund manager Charles Hwang also given about bitcoin price predicts it will be 100k during the next halving and more positive talks going around the crypto market maybe it will give more boot for it.

the 1/2 ing was in may 2016.

19 months later coins were near 20000.


so may 2020 would mean coins will peak in dec 2021.

and that would be if we get a repeat.

[Republikcoin.com]

Again, such high values are exaggerated predictions. I don't expect that halving will bring such sharp and sudden rise and the price will not be as high as 20000$ or 50000$.  We might barely reach 8000$ by the end of this year so.afterwards we would need a really high jump. I know that expectations from next year are really high but not many of them will come through, that is my opinion.

maybe $ 50k is an excessive prediction, but somehow for $ 20k. we know that halving before the price of bitcoin almost reached that point. bitcoin prices could reach a point of $ 20k in 2020 or 2021 after halving. Well, we don't know but it's still possible, especially when bitcoin shows positive trends when before and after halving.

[Shinpako09]

Some are speculating that next halving is different from previous and won't have the same effect. Just like others prediction, it is possible, there's a chance for it and at the same time it's not guaranteed. I'm not dreaming of very high price but i'm hoping atleast we set a new ATH again. I'm excited about next halving, not just because of price but if the price goes up again then it's a bit safe to say that history really repeat itself and can expect the same thing again in the following years.

[davinchi]

The price won't go up that much, you know why it won't go up that much? Because if enough people think that way they would have bought bitcoin already, if anyone thinks that bitcoin will be 20-50 thousand dollars in 5 months (which is 2x to 7x increase) wouldn't they just purchase bitcoin already? They would have and that is why it won't go up since nobody believes it to go up that much currently.

If you think people will change their minds on the last second and start buying then maybe you might take a look into every single time people thought about price going up because of something and how it didn't, same happened with Bakkt as well. Long story short, nobody believes it to go up that much, there is no consideration for such a thing by the community, so it won't happen.

[kapalmabur]

it is only a prediction, it means the possibility of it happening is very small.this year I have read lots of predictions, most say if the price of bitcoin will reach $ 20k this year and the rest say it will reach $ 50k and $ 100k. But reality says something else, and I will wait for the next prediction from these people 

prediction is just a talk from a frustrated person, I don't know if it's just to attract FOMO or even FUD, which is clear Bitcoin must meet the target of $ 19,000 if it wants to skyrocket to $ 20000 or even $ 50000

[OrangeII]

Some are speculating that next halving is different from previous and won't have the same effect. Just like others prediction, it is possible, there's a chance for it and at the same time it's not guaranteed. I'm not dreaming of very high price but i'm hoping atleast we set a new ATH again. I'm excited about next halving, not just because of price but if the price goes up again then it's a bit safe to say that history really repeat itself and can expect the same thing again in the following years.

Halving previously made many people think too highly for the next halving. however, currently, the price of bitcoin hasn't even reached $ 10k. so far we can only predict that the price of bitcoin can reach a high price, but people always think that the price of bitcoin can pass its ATH. I honestly don't really hope that the price of bitcoin can pass ATH, but I quite believe that the price of bitcoin can pass the price of $ 10k after halving. that is enough. I don't want to expect too much about the price of bitcoin.

[bitcampaign]

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

 

everyone has their own speculations and analysis, but we as traders need not have to catch this is not a certainty and do not need to take it seriously, I assume this is ordinary speculation even many of which predict prices can be higher than $ 50k, I am not a crypto trading expert who I know is how I can buy bitcoin when it's cheap, I think many people who agree with my thinking buy it when it's cheap

[buwaytress]

The price won't go up that much, you know why it won't go up that much? Because if enough people think that way they would have bought bitcoin already, if anyone thinks that bitcoin will be 20-50 thousand dollars in 5 months (which is 2x to 7x increase) wouldn't they just purchase bitcoin already? They would have and that is why it won't go up since nobody believes it to go up that much currently.

If you think people will change their minds on the last second and start buying then maybe you might take a look into every single time people thought about price going up because of something and how it didn't, same happened with Bakkt as well. Long story short, nobody believes it to go up that much, there is no consideration for such a thing by the community, so it won't happen.

Not so much that nobody believes in those prices, I think plenty of actual longtermers do, but they're all patiently waiting for it. And for most, that's not even the end game, simply a milestone onwards to a next, higher, target. If there are maximalists who believe in 20 and 50k, you can be sure they have an eye on 100k, 200k, and perhaps even more, simply waiting for the right time.

You've to remember also, their patience is for a timeframe of 5-10 years, if not longer. Anything from now till then is just accumulation time. So enjoy the 4-digit price ranges while they last.

[Wexlike]

The price won't go up that much, you know why it won't go up that much? Because if enough people think that way they would have bought bitcoin already, if anyone thinks that bitcoin will be 20-50 thousand dollars in 5 months (which is 2x to 7x increase) wouldn't they just purchase bitcoin already? They would have and that is why it won't go up since nobody believes it to go up that much currently.

If you think people will change their minds on the last second and start buying then maybe you might take a look into every single time people thought about price going up because of something and how it didn't, same happened with Bakkt as well. Long story short, nobody believes it to go up that much, there is no consideration for such a thing by the community, so it won't happen.

Not so much that nobody believes in those prices, I think plenty of actual longtermers do, but they're all patiently waiting for it. And for most, that's not even the end game, simply a milestone onwards to a next, higher, target. If there are maximalists who believe in 20 and 50k, you can be sure they have an eye on 100k, 200k, and perhaps even more, simply waiting for the right time.

You've to remember also, their patience is for a timeframe of 5-10 years, if not longer. Anything from now till then is just accumulation time. So enjoy the 4-digit price ranges while they last.

I expect 200k-300k. And then a normalization for the long-term. One big rally left.

[Bossian]

50k area is possible but not before 2023 or 2024. Signals for a bear market in 2020 are still clear and in action for now, and probably for a while.
Halvening won't have an effect before 1 year and half or two years.
The good signal is the stock to flow ratio, there was a massive spike recently and last time we saw such a spike, Bitcoin price went up 800%, that's why 50k area is possible. However last time it took more than a year to see a 800% increase (mid 2016 to December 2017). This time it should be at least the same if not longer (be patient and better wait for 2023-2024 is my opinion).

[trickshot22]

I hope Bitcoin's price will continue to rise in 2020. Every half has had a positive impact on Bitcoin's price so far. I would be really shocked if this time it wasn't. There is no guarantee for it, of course, but Bitcoin's price has been rising again and again so far. Every time I'm going to cross my fingers to make it happen again.

[BartS]

As per my knowledge, the bitcoin price will be going to hit an all-time high again because there are so many reasons I can give examples.

1) I know that the past halving happened in bitcoin between 2016 to 2017 within a year's the bitcoin price has gain around 10x more until all-time high.

bitcoin has increased 10x after 2016 halving, I hope that we can expect same thing will happen in 2020. and hedge fund manager Charles Hwang also given about bitcoin price predicts it will be 100k during the next halving and more positive talks going around the crypto market maybe it will give more boot for it.

the 1/2 ing was in may 2016.

19 months later coins were near 20000.


so may 2020 would mean coins will peak in dec 2021.

and that would be if we get a repeat.

And we are not going to get an exact repetition of what happened back then, people keep looking for patterns in the markets that simply do not exist, the previous halving eventually brought great profits to the market and we should be happy about it but that is the past we need to concentrate in the future.

And I have huge doubts the price will go up in the same way, the whales are going to play with that enthusiasm and when people get desperate and complain about the lack of growth and they sell their coins that is when the next bull market will appear.