Is Bitcoin set to RISE into the Halving?

[Reid]

No, I cannot see any sign of it.
No hype also.

We might expect more of a bear trend rather than a bull.
Let us not forget people are still spending money.
Bills are piling up every month and all of that will be paid in one bulk which will hurt a lot.
No time for people to be thinking of buying something else except for food and medicine.

[Farma]

not regulated, but potentially. when halving occurs, crypto users know what is happening, especially the miners. it is likely that there is a greater need for demand and demand which causes the price to rise. that had happened to halve in the previous year.

[Bossian]

Personally don't think the halvening will have any effect for this year, but regardless I would suggest to keep it very simple.

• 10.5k USD

That is the important price, that would change the trend dramatically (higher high).

Everything else between current price (7.3k) and this resistance at 10.5k is not substantial. I personally didn't do any trading since January, the current area is very difficult to read. When I say trading it's usually to get between 10% to 30% profit.

[ololajulo]

In this time, The Bitcoin price will not follow the previous Bitcoin Halving events. So, the previous two Bitcoin halving events make the new Bitcoin ATH within the 6-month period and 1 1/2 year period, So, This Bitcoin halving event may take a long time to make new Bitcoin ATH. The major reason can be the global situation of the pandemic coronavirus.

The pandemic also brings its own advantage, we only look at the struggling economic situation around the world resulting in unemployment and inability to invest even in cryptocurrency, if the government plans to put such a big fund into the economy it will go somewhere and could find itself in the space. Just few billions from the stimulus package in bitcoin could give high price at bullrun and may not delay the bullrun as expected.

[gogoi]

I imagine the price will rise for $11,000, and make a correction at $7,000-$9,000, and then after the halving, the price slowly to increase and back to $14,000 until October. After that, the price rises so high and break $20,000 and more

It's too good to be true, but the price can go to any price

But so far, I enjoy for the up and down of the price because I make some profit from that.

Phenomenal post. P-h-e-n-o-m-e-n-a-l

This is pretty much my exact base case as well. Due to the recent dump it is possible in my opinion however that we don't get a 30% correction until $14,000.

And during the bull phase except a handful of 30% corrections.

[Questat]

I have a feeling that bitcoin will have a rally soon, either prior to halving or post halving, this pandemic will end soon so people will be looking to the big even that happened in crypto this year and that is halving.

[buwaytress]

I imagine the price will rise for $11,000, and make a correction at $7,000-$9,000, and then after the halving, the price slowly to increase and back to $14,000 until October. After that, the price rises so high and break $20,000 and more

It's too good to be true, but the price can go to any price

But so far, I enjoy for the up and down of the price because I make some profit from that.

Since we're all making guesses, I might as well throw my hat into the ring, not that I've been right every quarter since 2018;)

Price to go up to $9k, as halving counts down and Fomo intensifies. Then perhaps a break of $10k many, many times, before eventually falling back to $8k.

I've always seek 9k to 10k as no man's land and nothing inside there is meaningful. BTC will need to break 2019's high to send the market into a frenzy.

[beerlover]

I doubt we can really go beyond 11k these days, not before halving at least, correction sounds reasonable if it really goes that high but I doubt it can these days. Surely it can stay above 7k until halving, maybe go down for a while but at least be around these prices and eventually stay above 7k (even if it drops under 7k for a while).

However I believe around 8-9k is more reasonable for a bullish increase, not that it is impossible to go to 11k but it requires a lot of money to be used in purchasing bitcoin and the world economy is not really doing all that well so far which is why I doubt it. With something like 8k you are not just talking about the money coming it but also sellers going out, so it is more reasonable to expect such price.

[Yamifoud]

I supposed to think the market will surely rise during halving similar to the previous halving even but maybe we unlucky this time as a crisis appears in the global market and ruin everything including crypto. But despite this struggle and market difficulties, I'm still thinking about the possibilities that the market will surge high, in fact, we are moving at high after a huge dump last month. But we don't expect that we are in bullish this coming halving, $8k-$9k is a way to make possible.

[imstillthebest]

I supposed to think the market will surely rise during halving similar to the previous halving

other previous halving shows that price were down but some of it shows increase  , its not on a pattern but it depends on the economic flow i believe . now that we are on economic crisis  ,there is a good chance that price wont rise too much during or after the halving  but this isnt the end guys , we still have other chance after this   . 

usually we can also see a price hike during before year ends if not then next year no problem   . crypto life is only rise and fall  . not all times price will stay at one side  .

[KnightElite]

I don't trust fundmanetal analysis because when I did before, my portfolio got burned where I lose huge amount of money. Not because of the recent rise of the price of the bitcoin does mean that it is all about the halving that is now near. I do not think so if it is the real reason but it is all about supply and demand after all, I bought a bitcoin recently because of the breakout that happen and not because of the halving.

[jhonjhon]

It is quite to see that this coming halving won't have a huge market incline and it possible we are still below $10k. If we could notice how the market shows its trend, it actually different from the previous halving. And also it has been shown last 2016 halving never did such bullish think during halving but it was shown months after the event. Itis possible the scenario might be the same.

[Febo]

Is Bitcoin set to RISE into the Halving?

Currently most influence on Bitcoin price have upcoming economic recession. Halving is a sure event that was planed 11 years in advance, No uncertainty there. With economic recession only sure thing is that it is here. How severe will be no one knows. Two days ago Wuhan finally started opening after 14 weeks. That are good news. A lot of world is locked right now and a lot of world is only getting infected with covid-19 and lockouts will only start in upcoming weeks. We will have to lie with virus until the vaccine a year from now. That is a lot of uncertainty. No one can predict  price of Bitcoin a month from now. Impossible. Even biggest whales are powerless.

[Vaculin]

With what is happening, I believe investors have different expectation this year.

Though we think that bitcoin will rise or should rise because halving time will come, but the pandemic is still here, this kills our economy.

[michellee]

I imagine the price will rise for $11,000, and make a correction at $7,000-$9,000, and then after the halving, the price slowly to increase and back to $14,000 until October. After that, the price rises so high and break $20,000 and more

It's too good to be true, but the price can go to any price

But so far, I enjoy for the up and down of the price because I make some profit from that.

Phenomenal post. P-h-e-n-o-m-e-n-a-l

This is pretty much my exact base case as well. Due to the recent dump it is possible in my opinion however that we don't get a 30% correction until $14,000.

And during the bull phase except a handful of 30% corrections.

Hahaha, we can expect and have a dream to see bitcoin will rose as we want. But we don't have to shock or amaze if somehow, bitcoin price is not moving as we wish to because bitcoin can up and down anytime and any price

I imagine the price will rise for $11,000, and make a correction at $7,000-$9,000, and then after the halving, the price slowly to increase and back to $14,000 until October. After that, the price rises so high and break $20,000 and more

It's too good to be true, but the price can go to any price

But so far, I enjoy for the up and down of the price because I make some profit from that.

Since we're all making guesses, I might as well throw my hat into the ring, not that I've been right every quarter since 2018;)

Price to go up to $9k, as halving counts down and Fomo intensifies. Then perhaps a break of $10k many, many times, before eventually falling back to $8k.

I've always seek 9k to 10k as no man's land and nothing inside there is meaningful. BTC will need to break 2019's high to send the market into a frenzy.

Yes, it is free to guess, and I think many people make their own guesses. I hope that the price to go up this month and reach $9k will happen before halving. I am sure bitcoin will be more than what happened in 2019.

[Janation]

With what is happening, I believe investors have different expectation this year.

Though we think that bitcoin will rise or should rise because halving time will come, but the pandemic is still here, this kills our economy.

They have this mixed feeling of selling and holding.

When the price fell, I think it is not all because of the moving of scammed bitcoins of Plustoken but I think it is also because some holders or investors panic sell their own. With the pandemic still a problem to countries, we can't really remove the possibility that it will drop anytime soon that is why we should stay vigilant as it may go down. The thing here is that I don't think that dump will happen in a longer period. The same last week, that price just rocket up since people would be taking that opportunity to reinvest since the halving is coming.

[fullhdpixel]

The small drops are not really all that much of a "panic sell" if you ask me, sure the panic sell did happened during when we fell from above 8k to under 4k, that was really a big panic sell and I can understand it, however when you drop from 7.2k levels to 6.9k levels that is not big enough to be called a panic sell.

We peaked at a resistance level and we couldn't move beyond it so the buyers stopped for a while and sellers took over so that buyers could join the sellers and drop the price and buy more cheaper with more money that way. It helps us go further and higher in the future, those small corrections give the buyers some time to regroup and attack harder in the future. Check out all the higher movements, all of them came from a bounce back movement before itself.

[Spaffin]

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.

[BrewMaster]

the halving hype is definitely there and every day it is growing even bigger as more people are anxious to buy bitcoin expecting the hyped up rise. 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.

[Slow death]

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?

This is a question that I believe that currently 80% of people must have the answer and the answer is clear for this year we will not see a big rally, in my opinion for this year we will see a moderate price increase. perhaps from november / december the price will reach more than $ 10,000 if the pandemic is successfully controlled. I heard that some governments are doing everything possible to reduce the crisis and everything will return to normal as soon as possible, this could be good for the cryptocurrency market