Will Bitcoin have a price increase before the halving like we saw in 2016?

[lienfaye]

History might repeat itself but there's no assurance for this, we can only assume halving can give a positive result to the price of bitcoin but its hard to rely on this. Better to not have an expectation so you wont get disappointed.

Nevertheless anything is possible in crypto sometimes what we dont expect can happen because the market is really unpredicted.

[garyrowe]

In 2016 the halving was early July.  Depending on the exchange, the price was as follows:

May 1, 2016 $453
June 1, 2016 $536
July 1, 2016 just before the halving $677

The price increased about 50% from May 1 to July 1 just before the halving event.

Should we expect something similar this time?

Previous halving came with price increase and i think this will do same. The current rise in price of BTC is not connected to the halving news in my own opinion. Nonetheless, as we approach the date, there will be a significant increase in the price of BTC as halving is a major event.

[akosiMalakas]

Hopefully this will happen because im lose huge amount of money here before when i bought bitcoin on peak of the price.  But i think it's seems like that this will not happen now because bitcoin trends are not the same before.  

[th3nolo]

In reality, many people believe that halving is already discounted in the price if you follow the theories of down.

What I recommend you to do is research for yourself what has changed from 2016 and 2017 so far, there are more institutional players, a more robust market and more financial products such as derivatives and options.

Indeed. The circumstances surrounding this year's halving is a lot different from the last one. We can't really base the results on what happened previously, especially at this point in time as it's likely the opposite may happen. Just like 2018's last quarter when people were expecting a rebound from the bear market, only to have the price plunge to that year's all time low.

In 2018 for the first time, institutional investors could short Bitcoin on regulated platforms. In capital markets, the market cycles are quite marked and respected, In Bitcoin that was not the case.

[SergeJeletski]

Don't get disappointed people, but I ain't believe it will rise that much as it did at 2016. Times changed. Still, its crypto and anything can happen. Best of luck to the ones, who is keeping it.

[maxreish]

As far as the supply is concerned, when bitcoin halving will gonna happen supply is affected. Miner's reward will going to be half. Thus it's easy to tell that the price of bitcoin will gonna increase like the past years of history. But always say that, I am not sure about that too. There are many predictions that btc halving will not gonna affect btc price at all. But looking at the chart's past history, it will really increase the price  so, let's be positively waiy for the result.

[slaman29]

Right now this is purely speculation but everytime the halving event is near the price starts to surge drastically but this is not ordinary times because price movements in BTC is a bit unpredictable these days and sometimes the more people expects a bullrun, the more the price goes down. So, right now nothing is clear unless its confirmed in a technical perspective.

Not really. Drastically maybe in the second last Bitcoin halving but what's happening instead is that the impact around or close to the actual event itself is getting weaker and weaker.

Remember, even the current rally could probably be complete coincidence or driven by events other than what we can see. Just because something correlates doesn't mean it's the cause.

[boris singer]

History might repeat itself but there's no assurance for this, we can only assume halving can give a positive result to the price of bitcoin but its hard to rely on this. Better to not have an expectation so you wont get disappointed.

Nevertheless anything is possible in crypto sometimes what we dont expect can happen because the market is really unpredicted.

it can still be predicted on charts that can be precisely linked to previous charts, but not with the latest global news that can affect prices, and also still have to face the possibility of sudden manipulation. if indeed price pressures are not the same as history in 2016-2017, then at least we can still expect a steady increase in adoption without having to look at actual prices.

[akirasendo17]

I think we will not have the same price as before yes there are lots of company adaptation for blockchains but since there are lots of competition out there, it will be hard for the price to go that high as before, we will see blockchain prosper as are community realize the importance of it but they will be now exploring for better and cheaper chains , what do you think?

[romero121]

I think we will not have the same price as before yes there are lots of company adaptation for blockchains but since there are lots of competition out there, it will be hard for the price to go that high as before, we will see blockchain prosper as are community realize the importance of it but they will be now exploring for better and cheaper chains , what do you think?

Adoption of BlockChain has increased in large scale with time, and I don't think there is big competition on the same. The market grew with accordance to the usage, at times the same gets manipulated. So we can't attribute the technology adoption for the growth of price. In my view the adoption will contribute to a certain limit on the growth of bitcoin price.

[redsun114]

In 2016 the halving was early July.  Depending on the exchange, the price was as follows:

May 1, 2016 $453
June 1, 2016 $536
July 1, 2016 just before the halving $677

The price increased about 50% from May 1 to July 1 just before the halving event.

Should we expect something similar this time?

I also hope that the price of bitcoin will rise to high levels this year because basically every half of bitcoin supply decreases, and demand also rises so that it will start a new bullish market condition but that will happen if bitcoin follows the same pattern as before.
and if we look at the price of bitcoin lately continues to rise slowly whether this is a sign that all that will happen.

I do not really think that bitcoins will follow the same patter again because trading and understanding bitcoins is actually not that easy. If it was that easy then a lot of peoples might already been have made enormous profits.

Actually, a bull run was been expected by most of the whales at the end of 2019 but it didn't occur so it is never to late and we might expect some bullish trend in this 2020. Starting of a new year might not be that good for the price pump but yet bitcoins have started showing us a bullish trend in the starting month itself so let's expect something big coming in the running year.

[DevilSlayer]

In 2016 the halving was early July.  Depending on the exchange, the price was as follows:

May 1, 2016 $453
June 1, 2016 $536
July 1, 2016 just before the halving $677

The price increased about 50% from May 1 to July 1 just before the halving event.

Should we expect something similar this time?

I also hope that the price of bitcoin will rise to high levels this year because basically every half of bitcoin supply decreases, and demand also rises so that it will start a new bullish market condition but that will happen if bitcoin follows the same pattern as before.
and if we look at the price of bitcoin lately continues to rise slowly whether this is a sign that all that will happen.

I do not really think that bitcoins will follow the same patter again because trading and understanding bitcoins is actually not that easy. If it was that easy then a lot of peoples might already been have made enormous profits.

Actually, a bull run was been expected by most of the whales at the end of 2019 but it didn't occur so it is never to late and we might expect some bullish trend in this 2020. Starting of a new year might not be that good for the price pump but yet bitcoins have started showing us a bullish trend in the starting month itself so let's expect something big coming in the running year.

history may repeat itself but there is no guarantee that it will happen again. As long as there is willing buyers at the price of the bitcoin then the re is possibility that there will be a rally again will happen again. The price of the bitcoin is still in sideways, there are only 2 possibilities and if the price will go breakdown or it will breakout. If the price breakout and there is a massive volume then expect that the bullish trend will come.

[Aying]

In 2016 the halving was early July.  Depending on the exchange, the price was as follows:

May 1, 2016 $453
June 1, 2016 $536
July 1, 2016 just before the halving $677

The price increased about 50% from May 1 to July 1 just before the halving event.

Should we expect something similar this time?

I think we should not expect more similar to what happen in 2016, a lot is already happen and the price don't affect much and there is conjecture for massive drop. we should wait for several weeks or even months for the price movement then we can speculate what will be the price on the halving day.

[alexsandria]

In 2016 the halving was early July.  Depending on the exchange, the price was as follows:

May 1, 2016 $453
June 1, 2016 $536
July 1, 2016 just before the halving $677

The price increased about 50% from May 1 to July 1 just before the halving event.

Should we expect something similar this time?

Quite tough to consider especially when there's no reason behind for such price increase to happen. Besides such huge increase in the time span of 3 months was big however with bitcoin price right now I don't think it would happen the same way as the price of btc right now were farther away than 2016's. We could expect similar but not the same ratio it increased.

[RealMalatesta]

Expecting something similar to this can just be a major concept of big whales. We saw bitcoins reaching $8000 and that is what makes us now think that it might even cross.the next target which might be some what between $8500 to $9000.

Big whales have accumulated at $7000 to $7500 so now, they might be waiting for the price to reach the ATH peak in 1 hour graph. Price might dump once again before actually starting the pump so expecting $7000 to $7500 might somewhat be a price to fill our bags again and then wait for the price to pump high.

[rupola85]

I think 2020 is very positive for bitcoin cause Bitcoin has been holding its market reputations for previous two years.
Already it has been caught the attention of many large investors within two years and increased its landing platform too.
I guess Bitcoin will surpass its previous ATH in 2020. 

[samuraijin]

Do you feel it now, just look before halving bitcoin rises above $ 8000 since yesterday, it seems to show something that comes from repeating previous history as you said, I'm still sure before bitcoin halving there is still a slight increase in price, maybe above $ 9k or $ 10k

[Shinpako09]

Why not, it could happen again and one reason is because of FOMO. A lot is expecting a new ATH months after halving so maybe a lot will enter before halving to take advantage in lower price that will make the price push up before the event. But don't forget about manipulation, it could happen that can cause panic selling so they can buy more at a cheaper price. So you should always be aware at other possibilities and not just focusing on being optimistic.

[Cacingkemi]

In 2016 the halving was early July.  Depending on the exchange, the price was as follows:

May 1, 2016 $453
June 1, 2016 $536
July 1, 2016 just before the halving $677

The price increased about 50% from May 1 to July 1 just before the halving event.

Should we expect something similar this time?

I hope the history of the previous year can be repeated again as in 2016, before half of it happened, there will be a sharp rise in market prices and of course the hope of everyone this year many hope that there will be a sharp rise in market prices

[Hamphser]

Do you feel it now, just look before halving bitcoin rises above $ 8000 since yesterday, it seems to show something that comes from repeating previous history as you said, I'm still sure before bitcoin halving there is still a slight increase in price, maybe above $ 9k or $ 10k

Then i am pretty sure also that after that price increase there is a sudden sudden dump will follow as a result of the price correction. Bitcoin halving this year will not make the market to become bullish just look at the previous halving and you will know what i am talking about.