Bitcoin going beyond $14,000 before May, history repeating itself

[enhu]

Bitcoin is now very popular, this is the most awaited year of all where halving will happen. Those who are not really a blockchain aficionado will not mind but once the news is out that the cycle is about to repeat itself those people will take their money out from the banks to try to profit from the bullrun. $20k may just be the too little when we reach the next ATH stop.

[romero121]

With the present market price of Bitcoin what's been predicted to reach in accordance with the previous growth history is one form of calculation about the market. $14000 is way far from the present value of Bitcoin. History repeats itself, but it won't happen in a very short interval. Until now there is no big price pumping in the market, same as the previous year maybe from the second quarter the growth can begin.

[bamboylee]

At the current price movement? No. As crazy as bitcoin price movement can be, I think it will not cover 6K in less than 5 months. There will still be some manipulators that will not let the price move up too much before the halving.

We may not reach 14K before the halving but maybe after. My best guess is early Q4 that the price will go bull big time.

[barota]

bitcoin already rose before up 1000 usd in less than day ; bitcoin can reach 14000 usd if buy order rise or people buying bitcoin before halving . gennerally if bull run start again there is a higher possibility that prices reach prices of summer 2019 or 14000 usd per btc and it is not difficult at all

[acdc]

Everything is possible in the cryptocurrency market, there are many people who think that by 2020 the cryptocurrency market will grow strongly and I believe in that too. May is a very good time for bitcoin to reach $ 14,000.
I would expect bitcoin to reach $ 9000 in early February, $ 11,000 in early March, $ 12700 in early April and $ 14,000 in early May.

[gogoi]

This thread provides a video with a clear explanation of where Bitcoin should be at the halving and 3-6 months afterwards and during the height of the coming bull.

14K is not accurate going off the past halving cycles.

Take a look, https://bitcointalk.org/index.php?topic=5201543.new#new

[drachman]

Yes I agree, I think the rise will begin a couple of months before the halving.  So Q1 of this year will be the beginning of the move.  As far as the $14,000 mark, could be Q1 or Q2, but if I have to guess, I say later Q1.

While I would love for the price of bitcoin to do something like that to me that seems to be too easy, unless we are going to see a massive will run at the end of this year or at the beginning of the next one it is more likely that the price of bitcoin is going to remain close to the current levels and at most it will reach a price of 10,000 dollars for each bitcoin and after the halving then we can expect a more pronounced growth in the market.

[moviebuff777]

Based on previous halvings, it makes sense for the price to rise that much.

I would not be surprised if it increased to an even higher price after the halving.

[Darooghe]

Half the pay for double the work Historical data shows higher prices after, but with the odd long term down turn, hard to hold that faith, but it would be nice. However, by halving the new daily supply of mined bitcoins is reduced by 50%. If demand for Bitcoin continues at this current rate, then price will likely increase as demand is higher than supply. Right now $14.5 million in new money must be introduced each day just to maintain it's current price. But after halving, that $14.5 million is now only getting half that supply, so, simple economics.

[shoreno]

if we look on the dates , the price increase in a progressive manner the longer the coin exist .

imo that wasnt halving that made the price big but it was because of the people , curios people that constantly entering here on the bitcoin scene . sure history can repeat itself knowing that bitcoin right now was already on the spotlight , sooner or later the remaining few restricted countries will join the party. which will help contribute some in the value .

[iram3130]

We all are hoping for that kind of elevation but we need to understand the sentiment of the community. There were more people in 2017 and now they are not as supportive as they were. We may reach this price in the future but right now it will be hard without a strong volume.

[kro55]

Those who believe that coin halving will have some impact on bitcoin price are busy in buying bitcoin at current dip. I don't think history repeat itself again and again. If bitcoin goes above 10k$ there will be not many who will buy bitcoin, seeing the real world usage or adoption rate.

[adzino]

Weird how people keeps on making this kind of predictions, but most of them never turns out to be true. I also remember reading somewhere that the price of the coins actually starts to fall before (or probably was after) halving, so since you are saying history repeats itself, then shouldn't the price actually be dropping? Also, the price you showed, wer the price taken actually right after (or before) the halving? Or few weeks/months after the recovery?

[Reatim]

actually i believe that Halving will Give us all positive outcome but i don't wanna exaggerate on matter because we have seen the power of the whales to make things different from our perspectives .

Those who believe that coin halving will have some impact on bitcoin price are busy in buying bitcoin at current dip. I don't think history repeat itself again and again. If bitcoin goes above 10k$ there will be not many who will buy bitcoin, seeing the real world usage or adoption rate.

what?10k$?lol if the market continue to grow before or just after the halving for sure even if this value goes 12k$ people will surely Buy more.and we have seen the last Halving ,those who did not bought before september regret their decisions .

[TitanGEL]

actually i believe that Halving will Give us all positive outcome but i don't wanna exaggerate on matter because we have seen the power of the whales to make things different from our perspectives .

Those who believe that coin halving will have some impact on bitcoin price are busy in buying bitcoin at current dip. I don't think history repeat itself again and again. If bitcoin goes above 10k$ there will be not many who will buy bitcoin, seeing the real world usage or adoption rate.

what?10k$?lol if the market continue to grow before or just after the halving for sure even if this value goes 12k$ people will surely Buy more.and we have seen the last Halving ,those who did not bought before september regret their decisions .

One of the assumption of technical analysis is that history repeat itself so there is really a possibility that the price of the bitcoin can reach its previous price again. The halving can become a factor to the boost of the price of the bitcoin, there are now many investors that are waiting to the halving because they are aware to the features that bitcoin can acquire after that halving.

[Divinespark]

People always predict the bitcoin price will rise after halving. But people do not think that prices will probably collapse if people put too much faith in it. I personally also hope that bitcoin can increase after halving, but given the current situation I'm scared because there are so many people buying at the current price and waiting for halving. This could cause bitcoin prices to collapse in the future because of the laws of supply and demand. If this is the case, then bitcoin can go down to 5000 $

[Hallmader]

We cannot be sure if history will repeat itself this time especially because the price of Bitcoin right now is not as low as it used to be in the previous halvings. But $14,000 before May is within reach. If this growth that we experience right now will be sustained, it is very possible that Bitcoin will hit $14,000 in the next 4 months or even earlier.

[cryptoangel]

People always predict the bitcoin price will rise after halving. But people do not think that prices will probably collapse if people put too much faith in it. I personally also hope that bitcoin can increase after halving, but given the current situation I'm scared because there are so many people buying at the current price and waiting for halving. This could cause bitcoin prices to collapse in the future because of the laws of supply and demand. If this is the case, then bitcoin can go down to 5000 $

After halving you think like that, so majority of the investors are continues active in crypto market. I believe again it cross the more than 13k USD on before june, Because continues investment make continues hype on Bitcoin so as soon as possible gradual hype will occur in Bitcoin. Finally we can believe the Bitcoin it will raise gradually on further days.

[beerlover]

I would like to remind everyone that whatever happened in the past doesn't have to happen in the future at all. Just because something once happened at the same thing, doesn't really mean we will react to it exactly the same this time around as well, there are different people, different amounts of money involved and even a different world we live.

However, considering what makes bitcoin go up is people actually buying bitcoin and due to all of this halving, Libra, Iran, trading options etc etc all other things people are very hyped and fomo'ing about bitcoin I am sure they will keep on buying and since price only goes up when others buy, the price will in return go up as well due to all that FOMO going on. Hopefully we will get no backlash and drop horribly like from $20k to $3k that happened, I want a more sustainable increase this time around.

[djsugar]

Such threads gonna lead to more speculation which in turn will make people FOMO and this would lead to a price rise. I don't think that this rise will halving as the basis. It will be more of euphoric rise. People speculating and buying in. Halving is indeed a big thing for Bitcoin but it won't matter much if you only focus on supply and demand. But the price prediction surrounding it can change the sentiments to the great extent.