Is Bitcoin set to RISE into the Halving?

[fabiorem]

Dump to 3-4k by the FED. They need to cover the money they have been printing, so they are going to sell their bitcoins.
Also its easy for them to dump the price and tell the cucks it was COVID-19.

[jhonjhon]

If you pay attention to the previous Bitcoin halving in past years, it is understandable that many users of cryptocurrency hope for Bitcoin halving in May 2020.  But you need to take into account the current circumstances in the cryptocurrency market and the economic situation around the world, which does not give any guarantees for bull running thanks to btc halving in the cryptocurrency market.  Although my hope is still smoldering to see positive results.

It is a global health issue gives something to fully not think a positive market response during halving. We might say that 2020 Halving is in the wrong timing. We can't certainly expect an increase in market demand during this time even we saw a strong market hold. And probably we just hold the current market position until the end of this year.

[Free1bitco.in]

for the time being, I suspect that prices will soon reach $ 7.5k. however, halving will definitely have an influence on the price of bitcoin. Well, I think that the price of bitcoin is preparing for recovery. even now prices are slowly recovering.

[enhu]

$7500 has a resistance line. Its not going to be easy to break but we may be able to see the price stays at the current price for several days to weeks.

Jordan already said it could go to $20K this year like it will tough the ATH when it breaks the resistance where the liquidity crisis he mentioned. The fact that halving as always will act as catapult for the price to pump, its almost certain that it can go that direction. Halving is going to happen next month. He is suggesting to buy just when it retest the support level why not buy now?

While I do think any price under $10,400 is cheap, and anything under 20k provides amble room for serious profit - I am providing a "safe" entry into Bitcoin. I also mentioned in the video that now is a good time to buy and I added during the dump at $4100, $5200, $6100 and $6500. I would had added more but the dump was very quick and I could not get more funds to the platform I needed in time.

Yes, $6,300 is going to be a fantastic entry into Bitcoin in just a short time in my opinion.

It was meant for holders, if they could buy right now before the breakout in 7500, its always going to drop again but before that they can already accumulate after selling at such price too. Its always going to test the support and resistance.

[figmentofmyass]

when you think about it, with the recent drop a lot of investors panic sold their bitcoins and now they are left with a lot of money that they are waiting to put back into bitcoin (buy back). everything is pointing towards a big rise since the potential is there. but the only thing that is not clear is the time of it. it could be pre-halving or a week after halving.

there truly is an epic amount of money waiting on the sidelines. a record-setting $3 billion+ is held in stablecoins sitting on exchanges right now. it's an explosion waiting to happen!

https://twitter.com/twobitidiot/status/1250979847536590849

[cryptoaddictchie]

$7500 has a resistance line. Its not going to be easy to break but we may be able to see the price stays at the current price for several days to weeks.

Not sure, I am sensing it could break that grounds sooner. Halving is approaching fast, and few days already weve seen how bitcoin struggling on this current level. Maybe traders are just waiting for a signal to fully passed that mark.

there truly is an epic amount of money waiting on the sidelines. a record-setting $3 billion+ is held in stablecoins sitting on exchanges right now. it's an explosion waiting to happen!

Ive seen the tweet too. I wonder if those holding it will use some bloody manipulation during the halving.

I was hoping the explosion could be on the positive side and not the reverse position.

[rodskee]

Dump to 3-4k by the FED. They need to cover the money they have been printing, so they are going to sell their bitcoins.
Also its easy for them to dump the price and tell the cucks it was COVID-19.

so i need to sell my coins now to wait for this dump?mind to say when will this be happen?or this is another FUD that needs to spread in this forum so people will panic again?
they have already done this last month when the pandemic make news and the market drops easily down to 4k$ price of Bitcoin.
But after all this what i wanna do is to Buy more if this 3-4k happens again because i missed the 2019 fall.

[Natalim]

I'd like to consider the situation we are now, there's a global pandemic, therefore I have doubt that bitcoin will rise into the halving.
Bitcoin is set for a rise if this pandemic did not happen, sadly, it's here now and it's taking a while already and still no solution on how to stop this.

TBH, I believe that crypto's future when there is a global crisis.

[ethereumhunter]

I guess many people now are waiting for the next thing that will happen with bitcoin because we are less than a month to see the halving time coming. Maybe bitcoin will rise towards the halving, and after the halving, the price will get the real rise to the highest price. If we check to the market, it seems, right now, the price is at the sideways, so that makes me wonder whether the price will get down and make correction again or it will be like this until the next month. If the price is up, the increase is not too high, but it's enough to make a profit.

[Smitty Werben Man Jensen]

The most important question on everyone's mind right now is Bitcoin set to rally into the halving or will we see another dump and retest of the recent lows?

In this video I take a in-depth look at the possibilities and probabilities of what happens going into the halving.

https://youtu.be/j78WSzThEK0

Have you seen the history a few years ago when bitcoin did halving ?, while bitcoin would do halving, prices did tend to go down, but there was a slight increase, you can see prices now, bitcoin prices have dropped dramatically from $ 10,000 to $ 3800, and now prices are recovering at $ 7,000, I think the price will drop back to $ 5,000 before a new bullrun begins after halving, just opinion 

[Oilacris]

The most important question on everyone's mind right now is Bitcoin set to rally into the halving or will we see another dump and retest of the recent lows?

In this video I take a in-depth look at the possibilities and probabilities of what happens going into the halving.

https://youtu.be/j78WSzThEK0

Have you seen the history a few years ago when bitcoin did halving ?, while bitcoin would do halving, prices did tend to go down, but there was a slight increase, you can see prices now, bitcoin prices have dropped dramatically from $ 10,000 to $ 3800, and now prices are recovering at $ 7,000, I think the price will drop back to $ 5,000 before a new bullrun begins after halving, just opinion 

Things happened in the past doesnt mean that they will picture out on what would be the things will happen into the future.
Yes we have seen that the price had clinged up but only after the event.There would be always that kind of accumulation period
but we know that not all does have an assurance that it would happen again.We might not even know if this current price would be the bottom
or the last one to be seen and the price might shoot up neither before or after the event - no one really knows.

[Dart18]

There is a lot of reason into why it won't drastically rise or be pumped.
First, the last halving didn't make it rise in a short span. It did but it took a year before it happened and it doesn't really look right.

The corona virus is also a thing to consider.
With a lot of spent money by people there be won't much to invest with or they would not even have that small thought to put it in the market.
Maybe after 1 year we could see some fruits.

[exstasie]

There is a lot of reason into why it won't drastically rise or be pumped.
First, the last halving didn't make it rise in a short span. It did but it took a year before it happened and it doesn't really look right.

There was a pre-halving pump in 2016. Beginning in late May, there was a month long rally where price rose 105%. It topped out a month before the halving.

For comparison, BTC just went on a month long rally and rose 94%. If April 7th was the top, it'll have been ~ 1 month before the halving, just like 2016. I could see one more leg up though, as long as the stock market obliges.

[michellee]

These situations are looks strange because bitcoin price does not increase or decrease and its turn around on that price. I wonder what will happen in the next few hours, but I won't expect to see the price will go down because we already touch $7k so far. But if the price is finally going down, I think that will be another good time for us to buy more bitcoin. The line at the chart itself is no moves good, and tends to sideways or is it because we are in the weekend mode.

[bitgolden]

Bitcoin is not something that really cares about any resistance points on a bull hype day, sure it is very important on a regular day but when it comes down to bull hypes, those are increasing without caring a single thing in the world. Remember last year for example? We have moved from 3.4k to 13.8k in a month! That is literally over 10 thousand dollars in increase, x3 to x4 increase in bitcoin price in just one month!

You think there were no resistance in between? You think with that amount of buy orders today wouldn't get it over 7.5k? It would literally take it over 15k if it were to happen today. Which means maybe the regular days would mean its hard to break over 7.5k however if it is not a regular day and it is a hype day and a bull run, there is no resistance that could stop it.

[ballerin and giroud]

I'd like to consider the situation we are now, there's a global pandemic, therefore I have doubt that bitcoin will rise into the halving.
Bitcoin is set for a rise if this pandemic did not happen, sadly, it's here now and it's taking a while already and still no solution on how to stop this.

TBH, I believe that crypto's future when there is a global crisis.

Unless there are a lot of people who trust bitcoin, meaning if the mindset of the people is changing that bitcoin being considered as safe heaven such as gold then I believe bitcoin price will goes up as much as possible. When this pandemic came gold price has been increasing for more than 14% it is mean a lot of people there believe that gold is true direction. So I just hope that bitcoin is like gold, so many people can using it as a store of value.

[joinfree]

Most likely, the price of bitcoin will increase as the halving approaches but I have always been saying it is not going to increase way up high as most people have been anticipating to see another bull run. I still remain my stance, we are going to see a price increase but not much.

[The Sceptical Chymist]

In this time, The Bitcoin price will not follow the previous Bitcoin Halving events.

I don't think so either, and for the same reason--the coronavirus outbreak has changed everything.  At the moment I think bitcoin's price has been buoyed by all the free money US citizens got, which I'm sure at least some of them used to buy crypto.  If that didn't happen, the price would likely be lower than it is--but that's just my view, and I'm not 100% sure of it to be honest.

I'm still curious as to what, if any, effect the halving is going to have.  There may be some increased buying because of it, but I'm not expecting bitcoin to hit even $10k this year.  We're going to have to see what happens with the global economy in the months to come.  If it tanks because of all the people being out of work, I don't have high hopes for bitcoin.

[FanEagle]

Rising into halving and rising after halving are different things and I think bitcoin will rise into the halving but may not continue afterwards. Why do I think it will rise into the halving? Because, I see that people have been expecting this halving for the past year and those people have been buying into bitcoin for the whole past year and they are doing so even more right now since it is getting closer, they all think bitcoin price will go up so in their minds "if I think bitcoin will go up after halving, best time to buy is before the halving".

Why I think it will go down after halving? Because, these people all bought their bitcoin before the halving and who is there to buy afterwards? We do not have a reason to buy afterwards and that may cause a drop.

[aakashsangwan]

The most important question on everyone's mind right now is Bitcoin set to rally into the halving or will we see another dump and retest of the recent lows?

In this video I take a in-depth look at the possibilities and probabilities of what happens going into the halving.

https://youtu.be/j78WSzThEK0

It was really a nice and informative video and I believe that bitcoin price is going to rise after the block reward halving. But the Corona virus pandemic can cause trouble as the stock market is also struggling and people aren't having extra money to invest in Crypto or stocks. Also that most of the people are speculating that the price will go up, it can also go down as bitcoin never cease to surprise us.