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

[coin-investor]

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.

To read the full article, go here

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***! 

I also want to save John's old dick, of course, the halving has done a lot to the price of not only Bitcoin but also of other top coins in the market, Bitcoin success is also the altcoins success, and this next halving is something that we are excited to see the results, let's admit it, the price has gone a long way, and with the new halving could be another milestone I hope the historical data will be still kind to us.

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[Xxmodded]

I don't believe much on technical analysis and prediction like this one. Looking fundamentally, there are more factors to consider in predicting the price. One thing to note is that the hype has already faded significantly and the awareness has increased, and therefore not all new investors would hop in to Bitcoin just like the early times, because they already knew some background to it.

Also, the argument stated that the % of increase per halving is also decreasing, from 13k% to 12k%. From their arguments that it would increase exponentially, we could also apply the same on the % of gains per halving, and can also conclude that it would drop its % by a significant amount.

I agree with you, I think bitcoin won't reach a high price because the bitcoin hype has passed. most people already understand about bitcoin price fluctuations. there is a possibility to go up because half bitcoin will make a fixed or increased demand but the supply decreases. this will make the price of bitcoin go up. but in my opinion it won't be too high. my estimate of the price that bitcoin can achieve after halving is $ 15,000.

That is a reasonable price and very reachable for Bitcoin too.  Aside from that, as OP is talking about History and making a prediction due to percentage gain on the price, there is also this history of Bitcoin of people exaggerating price of Bitcoin in their prediction and this one stated of OP is another one written on history as exaggerated Bitcoin price prediction.

I know nothing impossible with bitcoin and altcoin price but raise to higher price above $400,000 after halving time is look most impossible thing with bitcoin today still lower price under $8,000. How come bitcoin could going to higher price just few months later, need few years later for bitcoin raise with higher price above $400,000.

[outatime1]

That price point seems to make sense if you look at the last halving.  However, I prefer to be conservative because there may have been other factors at play in 2017 such as the futures contracts that may have helped the FOMO along at the time.

[maydna]

When the price can rise to $25k-$35k, many people will be happy because they can make a lot of money, and they can also recover their losses before.

And when people recover their losses they sell their bitcoin, that's the only way to recover losses!

That will only happen when bitcoin increases more than $20k so that people can sell bitcoin at the highest price plus they can be able to recover losses. I am sure that will happen soon or in the future.

No matter what it is, the price will adjust again like usual, and we don't know how much the price will be down, and perhaps, the price will adjust to $10k-$15k.

Recovery takes a long, long time. We still haven't recovered from the last price peak in late 2017 at $20k...so two solid years have gone by and we're still suffering from that bull run. Perspective is everything, it was nice to see a positive 2019, but people that bought Bitcoin in the fall of 2017 are still down by tens of percent...it's tough to hodl out for recovery gains. Most of these people would be better off selling their losses!

No, we are not yet recovered. But we will see the sign for bitcoin price to rise again, and I think that will happen before or after the halving time that will happen this year. People still struggle to recover their losses by trading bitcoin pair usdt, and they still waiting for the next big thing that will happen with bitcoin at the market. If that happens, people will not have to wait for a long time because they see the big opportunity to sell their bitcoin at a high price.

But prediction will be a prediction, and we are free to say how much bitcoin price will increase and announce to all people in social media.

And predictions don't mean anything without a logical, fact-based rationale to support it. Most predictions about bitcoin are merely guesses, no more, no less.

Many people still predict that bitcoin will break the highest price. Some people predict bitcoin price can hit more than $100k in the next bull run, but that is only a prediction because we don't know what will happen later. So we need to be patient and wait for that time.

[virasisog]

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.

To read the full article, go here

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***! 

This is to much for me $400,000 is out of my sight even on my technical analysis however anything is possible , for now i am only looking at $20,000 to break that certain price and make a new high and i might say that $80.000- 100,000 is much attainable if the bitcoins price surge up . we cant be sure that the percentage of increase in the past cycles would be the same as of this year

[HammaSan]

It would be wonderful if that happened, but the $ 400,000 value is too high for it to arrive in a short period of time. But it should go up, for sure.

[OrangeII]

That price point seems to make sense if you look at the last halving.  However, I prefer to be conservative because there may have been other factors at play in 2017 such as the futures contracts that may have helped the FOMO along at the time.

actually, in this case, you can predict at any price, it's just that, we don't know for sure when the price will be achieved. even 2021 is also the year after halving. seeing the developments in 2017, which made bitcoin prices reach their highest ATH at the moment, makes me also think that prices will reach their highest ATH when halving passes. however, I think that the price of $ 400,000 is too high for this increase.

[CryptoBry]

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

Any prediction on Bitcoin is unsure by nature because nobody can really be sure of what can be...we do not have the power to exactly see what can be days ahead and we do not have the magic wand to make things happen the way we imagined them to be. Therefore, the $400K prediction is just that...prediction! Nothing more, nothing less. Personally, I am expecting some upward movement with Bitcoin due to the halving effect (we can say it can just be a self-fulfilling prediction or whatever) but there is a big chance that it can never go beyond the $20K level though that can be true in 2021. Of course, not unless China will open its big market and many other big countries (including India and Russia) will suddenly approve Bitcoin then maybe there is a slim chance for the $400K projection. Otherwise, this is just a pipe dream.

[Images21]

The word after will make it possible. 10-20 years later Bitcoin will reach more than just $400,000. And that is still after halving, right?

History is good to be used as reference but we need to be reminded that before, during the last halving of Bitcoin, the price is still low. Meaning, it could easily multiply some folds. But with a price as high as $8,000, it cannot easily multiply just like before.

[inanilujimi]

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.

To read the full article, go here

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***! 

I would worry if only $ 400,000 would occur in less than a year many people would go crazy at that time.
John McAfee is enough to be obsessed with it, for me personally bitcoin touches on the new ATH, it is an extraordinary achievement.

[Ozero]

No, the price of bitcoin cannot increase to $ 400,000 from a practical point of view. It’s not just numbers here. This is real money and we do not live in the virtual, but in our real physical world, where the value of any product cannot take off simply because it happened several times before. It is one thing to increase the price when it was insignificant, and now when the price of bitcoin is above eight thousand dollars.

[Pamadar]

The word after will make it possible. 10-20 years later Bitcoin will reach more than just $400,000. And that is still after halving, right?

History is good to be used as reference but we need to be reminded that before, during the last halving of Bitcoin, the price is still low. Meaning, it could easily multiply some folds. But with a price as high as $8,000, it cannot easily multiply just like before.

Good point, the last time high can be use as reference and if you are aiming for much wider success using history give you enough confidence to keep holding your assets. Everything will still be decided after the halving and how people will react, this amount is huge and it will take time and lots of adoptions and money being invested inside this industry.

[Latviand]

I personally still believe that the rise of bitcoin can be very high if it is in a bullish trend. and for the estimation of halving bitcoin I hope it will really start this year, because I believe growth will be able to until 2021 the same as 2016 which ends in 2017. And I believe this because some history has proven, and I think the trend this will happen periodically.

Actually I hoped that it will really happen this year. In fact bitcoin has a good start this year and we can see that it wss slowly increasing its past few weeks.  And hopefully it will continue. When the price of it keep increasing surely lot of holders will get huge profit from it because we wait it for a long time.

Even if the momentum become a bit consistent, market value such that high sounds absurd still given that the market behavior of cryptos are going up and down. The price of Bitcoin really showed an increase recently but it has been followed but a little dump and is now again recovering. The patterm simply shows that its market value could really increase but not as high as 400,000 usd which is way far from the reality. But who knows, jumping into conclusion still is not advisable.

[criza]

I think it is possible, the price of bitcoin in the present is steadily increasing with its value now in the market ranging and have a hold of the price in $9000. Hoping it would survive and maintain its current price.

[Google+]

I think it is possible, the price of bitcoin in the present is steadily increasing with its value now in the market ranging and have a hold of the price in $9000. Hoping it would survive and maintain its current price.

indeed I feel very heavy if you look at the condition of the price of bitcoin which I feel is very difficult to be able to do that much price increase, the opportunity to increase prices may only be up to $ 25k because now there is little interest in bitcoin, the trace of the increase in bitcoin prices from the beginning of halving until halving that will come no one can provide guarantees to be able to ride that expensive.

[arwin100]

I personally still believe that the rise of bitcoin can be very high if it is in a bullish trend. and for the estimation of halving bitcoin I hope it will really start this year, because I believe growth will be able to until 2021 the same as 2016 which ends in 2017. And I believe this because some history has proven, and I think the trend this will happen periodically.

Actually I hoped that it will really happen this year. In fact bitcoin has a good start this year and we can see that it wss slowly increasing its past few weeks.  And hopefully it will continue. When the price of it keep increasing surely lot of holders will get huge profit from it because we wait it for a long time.

Even if the momentum become a bit consistent, market value such that high sounds absurd still given that the market behavior of cryptos are going up and down. The price of Bitcoin really showed an increase recently but it has been followed but a little dump and is now again recovering. The patterm simply shows that its market value could really increase but not as high as 400,000 usd which is way far from the reality. But who knows, jumping into conclusion still is not advisable.

And how could the price reach unto that where we all know the adoption is not totally strong enough to cover it up and actually those $400,000 is just a dream that we cannot see unless the government still have a strict outlook on bitcoins and maybe the decent figure we could give is nearest to the past ATH since it's the most reachable figure to come up but expect that there's another dump coming after $20,000+ reached since many people will use to secure and some will manipulate since that's how the markets works for now.

[Tduty]

I think it is possible, the price of bitcoin in the present is steadily increasing with its value now in the market ranging and have a hold of the price in $9000. Hoping it would survive and maintain its current price.

How can it possible? There is no clue about it. Most of the predictions are fake or purposeful! Halving may pump the Bitcoin price but 400K USD prediction is just joke, nothing else. After the halving, the Bitcoin price may hit 25-27K USD at the end of 2020, not more than.

[ScamViruS]

I think it will be possible. Because if we think about the last halving, how that bitcoin halving impact the price of bitcoin. The last bitcoin halving was in 2017. And the historic Bitcoin bull market was in 2017. So we can expect Bitcoin to be another Bitcoin historical bull market in 2020-2021. However, no one can say exactly what will happen here.

[mahilchii]

I think it will be possible. Because if we think about the last halving, how that bitcoin halving impact the price of bitcoin. The last bitcoin halving was in 2017. And the historic Bitcoin bull market was in 2017. So we can expect Bitcoin to be another Bitcoin historical bull market in 2020-2021. However, no one can say exactly what will happen here.

I agree that it was a historic moment in 2017, but how could you assume that it could reach $400k We didn't even reached 10k now. I think it's quite impossible to reach that value so soon it might reach that value in the next decade it's my assumption according to the market situation, the possibility after halving could be 25k in my opinion.

[ScamViruS]

I think it will be possible. Because if we think about the last halving, how that bitcoin halving impact the price of bitcoin. The last bitcoin halving was in 2017. And the historic Bitcoin bull market was in 2017. So we can expect Bitcoin to be another Bitcoin historical bull market in 2020-2021. However, no one can say exactly what will happen here.

I agree that it was a historic moment in 2017, but how could you assume that it could reach $400k We didn't even reached 10k now. I think it's quite impossible to reach that value so soon it might reach that value in the next decade it's my assumption according to the market situation, the possibility after halving could be 25k in my opinion.

You are right. But I said it's possible but in the long term. 2020-2021 might give us a direction $25k or more. But at this point, such a huge price change will not happen in such a short time. We have to think realistically. But if you think of long term, there is a possibility of $ 400k. I strongly believe Bitcoin will one day go into this range. It’s need time.