Bitcoin Will Reach $400,000 After Halving, History Dictates

[bounceback]

Much of the conversation around predicting the price of Bitcoin through 2020 and beyond hinges on the effect of the Bitcoin mining reward halving set to take place in May will have. Some believe it will have no effect at all, while others are betting big on this. If history is to be taken into consideration, Bitcoin should reach a new high of $400,000 following the event.

Following the first halving in November 2012, Bitcoin’s price increased from a $2.01 bottom to the top of $270.94 – a 13,000 percent increase. The second halving, in July of 2016, saw Bitcoin go from a bottom of $164.01 a top of $20,074 – a similar increase of 12,000 percent.

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Would you actually believe the halving would make this possible? Or is it just another unsure prediction?

Look guys, I am not a fan when it comes to predictions. Of course, the analysts can predict all they want. However, there is no such thing as guarantees that $400,000 would actually be an ideal amount after the halving event in May. Not even an all time high of $20,000 would be possible.

But I could be wrong too. Who knows? We just have to see if $400,000 per BTC would actually happen after the halving. However, it’s not good enough to save John McAfee’s d***! 

halving will indeed make the price of bitcoin rise to the highest level of all time and that will happen this year because basically bitcoin will split every four years, but we can't expect bitcoin prices to break $ 400,000 per BTC this year because that won't really happen in the near future to raise prices to high levels, and I'm sure some people here will not believe at all with such predictions.

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[TravelMug]

We have seen tons of prediction this coming bitcoin block halving. If bitcoin goes to $400k then good, however, where will be the FOMO coming to push this kind of price? Institutional money? average joes? whales? We have to think ahead to see if this is really doable.

$20k is different, lots of irrational buyers that time believing that the price could go on a parabolic rise when it is very clear that we are in a bubble. I would rather see the price just on the 5 digits than to see it goes on another meteoric rise then followed but a massive drop.

[Darooghe]

Actually nobody knows how Bitcoin will behave. There are many factors. Mining costs that double, people saying that it’s priced in, others say it’s not priced in. unknown and unexpected events until halving can have also a positive/negative influence on Bitcoin. For example now the tulip trust Bitcoins. Nobody knows and at the end both bears and bulls can be right. My advice is to see Bitcoin as a long-term unpredictable investment as a bank account with variable balance.

[gerica0613]

$400,000? I'd be stoked if halvening wil pump it to $40,000, which is still unlikely in the nearest future. Halvening is not gonna be a turning point for BTC

[Gotumoot]

$ 400,000 It is very impossible and unlikely that it will happen in a short time, I believe bitcoin will increase but not as high.
There is more to be accomplished! Awareness, Adoptions are required especially government Acceptance. Because this will be the key to raising the price of bitcoin right now!

[peter0425]

the question is when is this halving?because i am sure this is not 2020 lol,exaggerating value that 400k$ ,so if thats the case so McAffee is almost right? about His 1 million prediction?

lol yeah it is indeed that we can have this after halving but not this year,maybe the next or another?no one really knows.

[tippytoes]

Actually nobody knows how Bitcoin will behave. There are many factors. Mining costs that double, people saying that it’s priced in, others say it’s not priced in. unknown and unexpected events until halving can have also a positive/negative influence on Bitcoin. For example now the tulip trust Bitcoins. Nobody knows and at the end both bears and bulls can be right. My advice is to see Bitcoin as a long-term unpredictable investment as a bank account with variable balance.

Everything is possible to happen, yet we need to be realistic at looking at things. Such prediction is too much but by logic, he is only following what the possible scenario will be based on history. And everyone is free to make such prediction. Whatever the future will be, it is only saying one thing, bitcoin will be valuable in the near future and so keeping it will generate you good profit.

[Lucius]

cheezcarls, your stupidity and the idiocy of the article you promote here seems to have no end. Two weeks ago you were at $1million, today you are already at $400k. John McAfee has already announced that his prediction was just a joke, so stop write nonsense in each of your promotional posts.

Look guys, I am not a fan when it comes to predictions. Of course, the analysts can predict all they want. However, there is no such thing as guarantees that $400,000 would actually be an ideal amount after the halving event in May. Not even an all time high of $20,000 would be possible.

But I could be wrong too. Who knows? We just have to see if $400,000 per BTC would actually happen after the halving. However, it’s not good enough to save John McAfee’s d***! 

Of course, everyone is expecting for Bitcoin to go bullish this year because of halving. When we talk about the long-term results of Bitcoin and other cryptocurrencies, it is unpredictable.

John McAfee would eat his d*** live on TV if BTC will not reach a million dollars by the end of this year. But if we are going to talk about this decade? I just don't know if Bitcoin would go even further, especially when the quantum threat arises.

[oktana]

halving will indeed make the price of bitcoin rise to the highest level of all time and that will happen this year because basically bitcoin will split every four years, but we can't expect bitcoin prices to break $ 400,000 per BTC this year because that won't really happen in the near future to raise prices to high levels, and I'm sure some people here will not believe at all with such predictions.

can still be monitored through an analysis of fear and greed.

for example if bitcoin exceeds ath at the end of this year, technically it will continue to refer to the positive increase that will occur over the next year, even pressure from the government will not be able to prevent it if the greed Factor continues to grow. It is very unlikely but it is still possible to touch half of $ 400,000 considering the increase in the previous event was above the normal calculation average.

[gweedo]

And when will it happen? You should remember that the current price of bitcoin is much higher than before so it is impossible for bitcoin to grow like that. But I also agree that after halving, bitcoin will surely gain a new ATH and continue to grow and if feasible, maybe 10 years from now, the price of bitcoin could reach your prediction. Btw John McAfee declared his prediction to be bullshit and fomo in this market, so he denied responsibility.

[lepbagong]

halving will indeed make the price of bitcoin rise to the highest level of all time and that will happen this year because basically bitcoin will split every four years, but we can't expect bitcoin prices to break $ 400,000 per BTC this year because that won't really happen in the near future to raise prices to high levels, and I'm sure some people here will not believe at all with such predictions.

can still be monitored through an analysis of fear and greed.

for example if bitcoin exceeds ath at the end of this year, technically it will continue to refer to the positive increase that will occur over the next year, even pressure from the government will not be able to prevent it if the greed Factor continues to grow. It is very unlikely but it is still possible to touch half of $ 400,000 considering the increase in the previous event was above the normal calculation average.

Making predictions about bitcoin is a very popular conversation for many people. like the two colleagues above can differ perceptions is a natural thing because the way is also different. but in principle if bitcoin is going to go up it is certainly well liked but I also agree it may not be as high as the estimate of up to $ 400K, because the price is too fantastic and has become a very excessive fantasy. but predictions can be different and may not always be true because the experience of the past few years predictions about bitcoin are all wrong.

[GreatArkansas]

Sharing this tradingview chart with explaination of some user which published at December 2018: https://www.tradingview.com/chart/BTCUSD/JSP3KDmy-New-long-term-prediction-as-I-see-it-now/
This chart shows us how the halving could be a key player for the upcoming months for Bitcoin, which I also believe these few pumps started off this year are signs for the upcoming block halving.
As we can see on the chart, it is expecting a new all time high around 2021, after the block halving on this year.

[Wintersoldier]

And when will it happen? You should remember that the current price of bitcoin is much higher than before so it is impossible for bitcoin to grow like that. But I also agree that after halving, bitcoin will surely gain a new ATH and continue to grow and if feasible, maybe 10 years from now, the price of bitcoin could reach your prediction. Btw John McAfee declared his prediction to be bullshit and fomo in this market, so he denied responsibility.

Even the best investors and price speculators will deny about the $400,000 dollar possible price of bitcoin in the future. If we are to speculate, we should also consider having big moves in the market, not just saying a price that is too impossible to achieve, what about predicting an achievable price of $25,000 per bitcoin, and at the same time, create some moves on achieving greater market adoption. I might doubt, but I do really see a stable price ahead below 10k dollars if I will be the one to be asked.

[LogitechMouse]

$400,000 after halving?? Yes it is possible but it will take many many years before it will happen.

I'm not against this statement but I think you are very optimistic at this moment. Say this again if Bitcoin will reach $100,000 months before and after the halving happens. I'm not saying too that you are a stupid but I think you are .

My point?? This has a chance but the chances are like the chances of winning in a lottery - close to zero. Anyway, anybody can share their opinion regarding the price of Bitcoin including some articles. I did't read the article you shared already since it is pointless to read it.

[bitzizzix]

Actually I also do not believe that an increase in bitcoin has reached $ 400,000 in the near future this year, next year or maybe 3 or 5 years, but what I found is many predictions and news about the next bitcoin rise will reach the highest price with different prices and fantastic nominal .
and they predict based on history or other things, and that doesn't mean we have to trust their predictions but it will keep us motivated and continue to believe that bitcoin will provide fantastic prices at the right time and let bitcoin move as it is and not be a hypocrite because a big increase in bitcoin is everyone's hope.

[3la9l_kolbaCa]

And when will it happen? You should remember that the current price of bitcoin is much higher than before so it is impossible for bitcoin to grow like that. But I also agree that after halving, bitcoin will surely gain a new ATH and continue to grow and if feasible, maybe 10 years from now, the price of bitcoin could reach your prediction. Btw John McAfee declared his prediction to be bullshit and fomo in this market, so he denied responsibility.

Even the best investors and price speculators will deny about the $400,000 dollar possible price of bitcoin in the future. If we are to speculate, we should also consider having big moves in the market, not just saying a price that is too impossible to achieve, what about predicting an achievable price of $25,000 per bitcoin, and at the same time, create some moves on achieving greater market adoption. I might doubt, but I do really see a stable price ahead below 10k dollars if I will be the one to be asked.

Yes! $10k is somewhat possible right now and I observed that the price of bitcoin already fearing to hit the tip of $9k. Currently it was trying to meet that specific value but suddenly bear market still making a resistance. Maybe it confirms to denial of $400k potential price, and I think we're too early to celebrate while the struggles is really hard to overcome even though in early weeks of January, btc price shows some good spikes.

[target]

$400K is just too much though. You wouldn't really have to expect that much because of halving, the expectation on price when bear market occurs after this bullrun will probably more devastating than going up to $400K. It would be too much that before it may get there the market will be considered very over bought. I could be wrong but there might be a massive dumps will happen before price could reach up to $20k.

[alyssa85]

The reason the regulators make exchange traded funds and index funds state "Past performance is not a guide to future performance" on their literature, is because of stuff like this.

People making wild projections in order to lure the foolish to buy at expensive prices thinking they're on a sure thing to becoming millionaires.

I wish people would stop - it's these kind of projections that give cryptocurrency a bad name.

[nickenburg]

I think it definitely could be possible, Back in 2014 people where speculating if the price ever could reach 1000$, after it reached 1000+.
People where speculating if the price could reach 10000$+ because of the halving.

So We will see a new all time high price for sure, im not sure what it is going to be but im sure people that actually have a advanced understanding of Economics will have a better estimation of the price then me.
400k$ would be crazy to think but it has proven in the past Bitcoin can do crazy things.

[iamaruf]

But it’s really impossible in 2020. Though predict bitcoin is really tough but 400K$ is very high.I think bitcoin price can reach maximum 100k$ (if bull run happen) if not then bitcoin can touch 20k$ to 25k$ but who knows what will happen.