Could this be a bullish sign as halving approaches?

[Hamphser]

I would not count on that really but certainly the approach of bitcoin halving is definitely going to cause at least a slight rise in the price of bitcoin. The reason why most people share similar sentiments that halvings bring about an increase in the price of bitcoin is what has been happening in the history. Hopefully we can see a huge spike in the price of bitcoin as mass adoption of bitcoin and news about halving nears.

It is too early to say that we could have a bull run or bull market this time especially this year when halving will soon too happen, we should not jump into conclusions but yes I think little by little we would feel the halving by a slightly changes in price of bitcoin, and alts. As what we can see it is too often we feel an increase these days

I still have a doubt about of the bitcoin's halving to think that this bullishness is the cause. Does anyone of you experienced a bull trap before? If so, then come to think about it because apparently there's no reason why bitcoin has to pump suddenly. And you know what will going to happen after the bull trap, right? Well, the price would just start to dump again due to the price correction.

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[aomakun]

I would not count on that really but certainly the approach of bitcoin halving is definitely going to cause at least a slight rise in the price of bitcoin. The reason why most people share similar sentiments that halvings bring about an increase in the price of bitcoin is what has been happening in the history. Hopefully we can see a huge spike in the price of bitcoin as mass adoption of bitcoin and news about halving nears.

It is too early to say that we could have a bull run or bull market this time especially this year when halving will soon too happen, we should not jump into conclusions but yes I think little by little we would feel the halving by a slightly changes in price of bitcoin, and alts. As what we can see it is too often we feel an increase these days

I still have a doubt about of the bitcoin's halving to think that this bullishness is the cause. Does anyone of you experienced a bull trap before? If so, then come to think about it because apparently there's no reason why bitcoin has to pump suddenly. And you know what will going to happen after the bull trap, right? Well, the price would just start to dump again due to the price correction.

therefore we must understand the situation, when bullish comes, we should not follow it too much because sometimes our emotions will be difficult to control and be carried away by these conditions and forget the bad things that could have happened.

[Lauren Smith]

I think that the block halving is creating a lot of much needed hype. Already the price of bitcoin has started going up. I believe it will continue to rise so it is a very good idea to buy bitcoin now since the halving will probably make the price shoot up. Especially a few weeks or a couple of months after the halving. Im not sure why this excites people so much though.

[Boov]

I think that the block halving is creating a lot of much needed hype. Already the price of bitcoin has started going up. I believe it will continue to rise so it is a very good idea to buy bitcoin now since the halving will probably make the price shoot up. Especially a few weeks or a couple of months after the halving. Im not sure why this excites people so much though.

Everbody is patiently and excitingly waiting for the halving season because we are all believe that the price of the bitcoin will probably rise and when it happen, the other coin's prices will rise also. We should all strive for excellen and we also pray that this year will be for us and we will earn a lot of huge amounts this year. And for those who does not believe its okay just until it happens and be regretful because you refrain to believe.

[barabarian1]

looking at the movement of bitcoin for two weeks I am optimistic that bitcoin will be bullish this year. In the past two weeks, bitcoin has continued to increase and now has reached a price of $ 8,800. If in the following days bitcoin continues to increase, I believe that at the end of January bitcoin can reach a price of $ 9.5k. and hopefully after bitcoin is reduced by half in May bitcion can pump again and reach the price of $ 20,000 by the end of this year.

[amacar2]

20,000$ per bitcoin seems around the corner may be near the halving day but most of the push on the price right now may be coming from ongoing trade war between china-us-iran. So there is still room for price growth when halving fomo will kick in.

However upcoming bull run may be different than what we have during past halvings.

[pawanjain]

Increase in hash rate doesn't necessarily mean that the bitcoin price will soon increase.
Increase in hash rate means that more power is getting generated towards mining of transactions in the bitcoin blockchain.
This does not have a direct relation with the price of bitcoin.

[riso2015]

looking at the movement of bitcoin for two weeks I am optimistic that bitcoin will be bullish this year. In the past two weeks, bitcoin has continued to increase and now has reached a price of $ 8,800. If in the following days bitcoin continues to increase, I believe that at the end of January bitcoin can reach a price of $ 9.5k. and hopefully after bitcoin is reduced by half in May bitcion can pump again and reach the price of $ 20,000 by the end of this year.

Yes, I totally agree with your prediction, at the end of January the price of Bitcoin can reach $ 9k - $ 10k if in following days later the price of Bitcoin continues to increase. The Bullish market will come soon and the price of Altcoin will also have a positive impact.

[Debonaire217]

Increase in hash rate doesn't necessarily mean that the bitcoin price will soon increase.
Increase in hash rate means that more power is getting generated towards mining of transactions in the bitcoin blockchain.
This does not have a direct relation with the price of bitcoin.

It might not be, but there is an indirect effect it could provide the cryptocurrency or bitcoin in terms of providing more efficient, faster, and reliable transactions in which people might find beneficial to them when they utilze bitcoin. As an effect, its demand will still be a subject to increase. Thus leading to a brighter market price it could have in the market.

[philipma1957]

Well we backslid  to 8625   from 8818.

So it could be false hope.   Or maybe a few  larger miners cashed out to pay bills.

in 24-36 hours we will be at 7900 or 9050

That will tell us if we are heading for a bull run.

I mine a lot so I sold off some coin at 8700-8800

I held some for later on.

If you mine  at 2ph levels or higher you always end up selling some coins when mini runs happen.

2ph of all good gear is around 100kwatts an hour  or 72,000 watts a month at 3 cent cost that is 2160 USD

So a good farm is going to sell some coin on these upticks.

I sold about 2000 USD worth of coin  I am around 2ph.

I still hold coins. As I hope to see 9k plus prices soon

Shitty farms simply  convert 90% or more of mined coins to cash.

[gabmen]

Yes, I totally agree with your prediction, at the end of January the price of Bitcoin can reach $ 9k - $ 10k if in following days later the price of Bitcoin continues to increase. The Bullish market will come soon and the price of Altcoin will also have a positive impact.

We have entered the Bullish market, I think, since the past few days positive trends have also occurred in some Altcoins. This shows the interest of the investors or the whale will soon enter. So prepare yourself by buying some Altcoin or Bitcoin for your long term investment. I have bought several Bitcoins, I'm optimistic that the Bullish market will continue until Halving ends.

Lol. Let's see. If what happened during the last halving repeats, then it's going to be a good first half for 2020. A lot of people are expecting that and buying btc in anticipation could indeed push the price up. Though let's see since recently, the market isn't really going along with history and tradition. I'm anticipating panic if whales decide to go against the flow during february and may.

[Murat]

It's a simple case, Most of the people are expecting a positive vibe of this system, It's a long time people didn't get a good value and benefit from cryptocurrency. Since Bitcoin is the mother of this system so other cryptocurrencies will follow the footstep of Bitcoin, If the price of Bitcoin would get high then cryptocurrency world would get a good vibe for sure, it would work as oxygen for this crypto world, That's why Bitcoin halving would be a good thing from my perspective, so it's a normal thing that people are very excited for this event. I think it's not a big deal.

[Polar91]

It's a simple case, Most of the people are expecting a positive vibe of this system, It's a long time people didn't get a good value and benefit from cryptocurrency. Since Bitcoin is the mother of this system so other cryptocurrencies will follow the footstep of Bitcoin, If the price of Bitcoin would get high then cryptocurrency world would get a good vibe for sure, it would work as oxygen for this crypto world, That's why Bitcoin halving would be a good thing from my perspective, so it's a normal thing that people are very excited for this event. I think it's not a big deal.

Well, with this, it implies more on the concept and feelings of people toward the awaited bitcoin halving but in fact, it has a pure technical effect to the market why bitcoin will surely does increase. We just have a bonus effect towards the mindset of the people to boost up the market a bit, because it is one thing for sure, we, the bitcoin hodlers, investors and enthusiasts do really have 1 mindset towards halving, which is to make the price increase, as a result, we'll buy allot and this will be the reason of a good market spike for us to sell.

[julius caesar]

It's a simple case, Most of the people are expecting a positive vibe of this system, It's a long time people didn't get a good value and benefit from cryptocurrency. Since Bitcoin is the mother of this system so other cryptocurrencies will follow the footstep of Bitcoin, If the price of Bitcoin would get high then cryptocurrency world would get a good vibe for sure, it would work as oxygen for this crypto world, That's why Bitcoin halving would be a good thing from my perspective, so it's a normal thing that people are very excited for this event. I think it's not a big deal.

I think they are just trying to have some bitcoin while the price of it is not yet high for them to be able to hold it and sell it when the halving takes effect. They know that if they bought bitcoin now and hold it, they will for surely gonna gain profit into it since halving will happen and it will cause a bull run to the price of the bitcoin.

[johnwest]

The volume of the crypto market rose more than double in 24 hours span, this might be the sign of starting of a bullish season. Dash and top coins are performing really well even when BTC is on the upward trend. People are expecting an alt season from long time now and we may be seeing the start of one. If BTC brake the psychological barrier of 9k$ then we may see good alt movement.

[mahilchii]

We can predict so early as this might be the start of " bull run". A lot of coins are performing well which is great to see, I think this is a big opportunity to buy BTC and hodl for a while hopefully the next anticipated move can make a big change. Crypto is the future for sure guys there is no doubt on that make plans accordingly before worrying.

[Mumbeeptind1963]

We can predict so early as this might be the start of " bull run". A lot of coins are performing well which is great to see, I think this is a big opportunity to buy BTC and hodl for a while hopefully the next anticipated move can make a big change. Crypto is the future for sure guys there is no doubt on that make plans accordingly before worrying.

It is possible yet we cannot jump into conclusion since halving is not yet happens. We need to wait for more days before we could say that this is now a bull run, the only thing that we can do now is to hold our coin , wait for the market and wait for the bull run. Market is very uncertain and we need to wait more time before we sell it.

[malekbaba]

It is proved already that btc market does not follow any specific rule. People had quite bullish prediction regarding bakkt but nothing happened. May be bakkt effect will take place eventually. Like that halving will have positive impact but not instantly. If the demand increases and supply declines, price will grow eventually.

[Hippocrypto]

We can predict so early as this might be the start of " bull run". A lot of coins are performing well which is great to see, I think this is a big opportunity to buy BTC and hodl for a while hopefully the next anticipated move can make a big change. Crypto is the future for sure guys there is no doubt on that make plans accordingly before worrying.

I haven't checked my blockfolio two days, maybe this time would be great to see green signals on each promising coins I got. Hopefully one of this days will be great and fruitfully gaining as well

[CarnagexD]

We can predict so early as this might be the start of " bull run". A lot of coins are performing well which is great to see, I think this is a big opportunity to buy BTC and hodl for a while hopefully the next anticipated move can make a big change. Crypto is the future for sure guys there is no doubt on that make plans accordingly before worrying.

I haven't checked my blockfolio two days, maybe this time would be great to see green signals on each promising coins I got. Hopefully one of this days will be great and fruitfully gaining as well

These predictions show great possibility, but we all know better that bitcoin follows a specific pattern if anything. We can't really predict with bleeding-edge accuracy if this is already a bullish run or anything, but I would suggest we just continue with our investment since of all things that are uncertain, the halving surely guarantees that everyone of us will get a payoff after.