Bitcoin Halving 2020 prediction!

[Oasisman]

~snip~

however, I want to see the price of bitcoin again touching $ 12k before halving arrives. it really is a signal that there will be a new ATH this year, or 2021.

And now Bitcoin is heading below $8,000 level.
I dont have definite idea what causes the gradual down fall of the price, pretty sure it has to do with the continues spread of the corona virus all over the world.
This is something everyone wasn't expecting while closely approaching the block halving.
Well, some of the investors considered it as an opportunity to accumulate more Bitcoin, since there are still high hopes for the price to skyrocket.

[adaseb]

It may or may not be related but there is just alot of panic going on pretty much everywhere including the markets. There is toilet paper shortages in some countries, there is high coronavirus infection rates, factories shut down which decreases production and revenue, oil crashing due to price war, stock market crashing 5% overnight. And people see the price of BTC which was mid $8k's earlier and they think, "I should sell because $8K's is still a pretty good price" and the retail market is selling.

The halving might still have an affect, we are still 2 months out. And we peaked in first week of Febraury and took less than a month to get down to this level, so its possible that in 2 months time we might be above $10K again. We will see what happens when the NY markets open tomorrow. We might get a bounce and get out of this huge sell-off and panic.

[imstillthebest]

~snip~

however, I want to see the price of bitcoin again touching $ 12k before halving arrives. it really is a signal that there will be a new ATH this year, or 2021.

And now Bitcoin is heading below $8,000 level.
I dont have definite idea what causes the gradual down fall of the price, pretty sure it has to do with the continues spread of the corona virus all over the world.
This is something everyone wasn't expecting while closely approaching the block halving.
Well, some of the investors considered it as an opportunity to accumulate more Bitcoin, since there are still high hopes for the price to skyrocket.

same here   . i cannot think of other reason of the current drop of the price of bitcoin  . convid-19 is still on the main headline until today  , on social media such as facebook convid is also the topic that is trending   .  

there are also good news like countries legalizing bitcoin but are a few only and not enough to counter the negative impact cause by convid  and besides legalization for other countries were only done lately    . itll still need some time to see a major results   . that can still bring us some hope   .

[FanEagle]

I honestly thought it would have been higher at this moment but it is not so I am not sure about the future part of it neither. If it was above 10 thousand and would have been decent that would have been a different story but since it is not I am not entirely sure.

I was expecting the price to be exactly around 15 thousand at this moment and if it was 15 thousand right now the price would have been above 20 thousand by the halving as well.

In any case I still see it going up after the halving but it may take longer than I expect, by year 2021 we will probably see the price above 20 thousand once again, but with how it is going right now I think it won't happen in 2020 or at least won't happen if things continue like this and not recover. Maybe it is world news going bad or maybe something else but it is not doing really as well as we hoped.

[rodskee]

Most of the TA's are giving a positive prediction about the halving.
So I guess most of us are also thinking of the samething halving would definitely get the BTC price to the moon again.
I think we don't need some speculation about the halving price increase it should be a speculation about how much would it be before and after the halving.

but is what harder to answer because the price is unpredictable so how come that someone can speculate the
 price in future that will be effect of this halving?
and of course we are
 looking for another great movement since we are waiting for more than 2 years now because we last felt
 the Bull run continuously in 2017 and now for long having difficulties to at least reach 20k again

[Spaffin]

   From this link it's either $14k or $55k, I believe we will see the price somewhere between. It's OK to be optimistic about the upcoming
halving and it's effects on the price, I know I am optimistic. Price will set up new bottom after halving and I believe new bottom will be over
$10k. Better question is will we see a new ATH this or next year? I believe higher bottom will lead to new ATH, and that will happen next year.

In fact, I really hope for a rise in Bitcoin prices due to the 2020 halving.  But I am very much worried by the fact that speculators can use this situation again in order to earn big money, and thus bring down the cryptocurrency market.  But I’m sure that a full bull run is still ahead.

I am also very sure that the price increase will definitely be confirmed. however, from the beginning of the year, the closer we are to halving, the more difficult bitcoin prices are to rise. in fact, so far, I see that the price of bitcoin is very difficult to hold at a price of $ 9k. however, I want to see the price of bitcoin again touching $ 12k before halving arrives. it really is a signal that there will be a new ATH this year, or 2021.

In fact, what is happening today in the cryptocurrency market already confirms that it is very difficult for Bitcoin and other cryptocurrencies to overcome the specific difficulties that appear before the next Halving.  But in my opinion, to a greater extent, what is happening today is not only because of the panic because of the coronavirus, but primarily because of the abuse of speculators of their capabilities.  It seems to me that over the past day the fall in prices for Bitcoin and Ethereum is about 10-12 percent, First of all, it is provoked artificially, but the positive tendency can no longer be stopped.

[Viscore]

~snip~

however, I want to see the price of bitcoin again touching $ 12k before halving arrives. it really is a signal that there will be a new ATH this year, or 2021.

And now Bitcoin is heading below $8,000 level.
I dont have definite idea what causes the gradual down fall of the price, pretty sure it has to do with the continues spread of the corona virus all over the world.
This is something everyone wasn't expecting while closely approaching the block halving.
Well, some of the investors considered it as an opportunity to accumulate more Bitcoin, since there are still high hopes for the price to skyrocket.

That's the problem, the price started to grow this year, we've seen some inspiring growth then one moment the dump happens.
What happened is not seen by just reading the graph, this is very unpredictable but we should be ready with it and I don't think price will not bounce back, soon it will start trading over $10,000 again, from the current price, it's not impossible to rise back to $10,000 within this month.

[Kelvinid]

I could see a possible dramatic trend of Bitcoin this year and it's hard to think for a bullish market as we are affected by global market issues that COVID-19 brought to us. Maybe we have to forget about thinking about Bullrun because it seems to be possible and if we look at the trend since last month, we could see a declining trend. But I'd never think that it shrink back into $3k coz I believe that this health issue will soon to resolve and could stop panic selling.