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

[cheezcarls]

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***! 

[Astvile]

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.

All predictions are unsure, there is no sure prediction in this world anything may happen as time goes by and things may go against what you expect them to be.
Bitcoins price going this far I think is still quite impossible base on how prices move right now, halving will surely help to pump price but not that big of a multiplier. $400,000 is way too big for bitcoin to pump in a year or two which makes me don't wanna believe in that amount.

[Bim abk]

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.

[keeee]

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.

[sovie]

Let's hope that it may reach 400,000 $ after halving. No one wants this prediction to go wrong.
It's another prediction related to bitcoin future price and I dont think there is roam for so much massive jump in price. If we dont have bitcoin adoption in daily life going up, I am afraid price will go down.

[gentlemand]

Thanks to the magic, or stupidity, of market cap I guess it is possible if enough sellers disappear and enough buyers get desperate enough. I can see it losing $150,000 in half an hour and I would expect the exchanges and the blockchain to be so seized up it'll be effectively meaningless.

[yulionoo]

bitcoin is reduced by half it is always an interesting topic to discuss because almost all bitcoin holders believe that bitcoin will pump high after being reduced by half. and if we look at the history of bitcoin on previous halving days bitcoin has always experienced a high increase after being reduced by half. and usually takes around 8 - 12 months after half-bitcoin is reduced to the moon. I am also optimistic that bitcoin will pump high after reducing by half but reaching a value of $ 400,000 I think is too high.

[ChrisPop]

I think that until the next halvening(after the May one) Bitcoin will indeed hit one if the crazier numbers present in the media aka $100k - 1M per unit. We've got to take into account that now there are more players in the market, not just a few Bitcoin believers. Institutions are involved which represent more financial potential and more stability as well.

Btw McAfee already announced that he's not going to keep his promise..

[chaoscoinz]

I very well do belief that the Bitcoin Halving will cause a fluctuation in the initial market price but to say that Bitcoin will reach $400,000 is really quite the stretch. I'm all for remaining optimistic during times like this but let us not forget what had happened a few years back in 2017 when the Bitcoin and altcoin markets hit their all time high. Shortly after that huge $20,000 bubble pooped, deflating to a fraction of that price. What do you think will happen if the price moons all of the way up to $400,000?

[BigBos]

I still have the same principle, don't expect too much from the speculation we get from the information available. the reality is, it's still limited to speculation, and again, at the moment the price of bitcoin is still under $ 10k. if the increase continues to $ 20k, even that is a very good achievement.

[piebeyb]

since 2012 I said that bitcoin will touch above $ 1000 after bitcoin halving, precisely around the end of 2013, many people do not believe me in my country because indeed not many people know bitcoin, I started to enliven it slowly until now it has become big in the country I am bitcoin known and growing rapidly

I then predicted again for them since 2016 after bitcoin halving, bitcoin will touch $ 10k if the price exceeds it consider it a bonus, finally the guess is right we see it the second time bitcoin really touched almost $ 20k in 2017 exactly after bitcoin halving

I predict for the third time $ 100k for 2021, if the price exceeds it consider it a bonus, I will see it in these 2 years 2020 - 2021 whether it will go to $ 100k, let's see

John McAfee $ 1 million dollars is just a silly person they don't understand about what he predicts like john mcafee even he himself is not sure, i only predicted $ 100k if that really happened it was the third time, i will retire from the world of bitcoin, $ 400k seems interesting, lol

[gabmen]

That's a lot to be hopeful about for just a single event. And i don't think we can base our judgement  from what happened during the previous halving. Things don't work that way anymore in crypto. There could be run before or after though i doubt it could even create a new ath. Or like what happened during the last quarter of 2018 where everyone was expecting a pump, the exact opposite happened.

[angrybirdy]

Aren't we expecting too much? expect bitcoin will reach this much after halving? It is too high for bitcoin to reach from its current height. There is no wonder, there are so many expectation will be disappointed because of this kind of prediction. Every prediction is unsure, but this one is the one which is I am sure that will not gonna happen after halving.

[Eclipse26]

Every predictions are unsure because it's a prediction. We know that halving will have a great impact to bitcoin's price that is why we are all waiting and expecting for it. But not all history repeats itself. There's a saying like that but it's not always applicable to everything. There's a possibility that that prediction will happen but I don't give so much expectation like that.

[jossiel]

Forget about inserting McAfee to this conversation because he has already announced that the promised he made before if bitcoin won't reach $1M, won't happen. So, there's no point of including him anymore to these prediction topics.

If the bubble will be that much and greater than the last that we have, let's see if that's possible but if not let's just be contented to the run of bitcoin and get a gradual increase per year.

[rdluffy]

It's very different to achieve 400,000
In percentage we can trace a similar scenario, but do you realize the huge amount of money that is necessary to jump from 9k USD to 400,000?
I don't think it's possible in a near future, only in a couple of years

[davis196]

Bitcoin would reach 400K USD not because of the halving,but due to skyrocketing buyer demand for more bitcoins.I don't believe such predictions.It's impossible to create such ridiculous amount.What will motivate millions of newcomers to buy BTC?Any price bubble or FOMO?

[topbitcoin]

Talk about percentage is not that simple, although for only a few Bitcoin, $400.000 for a coin will need ton of money.   And remember people who already bought it in cheap price, i think they wouldn't that stupid to buy it in very high price if it is come. Will be more logic if we speculate price will around $20000-$25000. Although not resist that sometime bitcoin price can surprise us.

[adzino]

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 just another bullshit prediction? You seriously think that bitcoin will reach almost half a million in value after the halving takes place? Lol, that is plain stupid. Everyone can show up some numbers and make it look like that the price of bitcoin will boom. But listen, you are talking about a halving that took place in 2016 and then the price skyrocketed at the end of 2017 and that was just short lived until the price sunk down really low. I don't want this kind of sky rocketing to happen to be honest and it is highly likely that it will happen.

[kro55]

In my view its not recommended to buy bitcoin above 10,000$ because chances are that you may struck for indefinite period of time, as evident from bitcoin price history. There are just few real world uses of bitcoin and there is no way such limited usage bitcoin will go up-to 400,000$.