rinkidas14 (OP)
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April 27, 2020, 01:34:24 PM |
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What is your expectations with bitcoin after halving..? Bitcoin price bullish or bearish?
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torrantz
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April 27, 2020, 01:40:48 PM |
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What is your expectations with bitcoin after halving..? Bitcoin price bullish or bearish?
Im thinking if bitcoin will increase even more or there was another possibility for the bitcoin to get the opposite trend like what happened with the last halving when so many people sell for the news and that has already driven the price of bitcoin jump back to the bottom price again. Both are the possible things to happen after we have passed halving time.
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unknown-user
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April 27, 2020, 02:19:57 PM |
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To be honest, my expectations are not that high regarding the Bitcoin halving. Maybe that is because of the situation we are currently seeing in the market and also to the fact that there's no consistency when it comes to the market itself. Not because the market prices increase after the previous halving, same thing would automatically happen on the anticipated one. There are other factors to consider, the economy outside I think is one thing.
Halving is simply cutting the supply of Bitcoin into half, correct me if I am wrong. It won't make much of changes unless the supply would be limited which would cause an increase to the demand as well as to its market value, followed by the increase of other crypto's price (more likely to happen).
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TastyChillySauce00
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April 27, 2020, 03:36:04 PM |
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Not much, the pandemic affects everything in general and crypto is no exception. Most of people who are not really into crypto technical probably already forgotten about halving but if it's to go bullish I will be gladly join the train and that will be like oasis on a desert but, it's always better to put our expectation not too high right?
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jacafbiz
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April 27, 2020, 03:53:29 PM |
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People need to forget the halving day event because the price has already being priced into it and this is what I think would happen buy the rumour and sell the news. The main price movement this year is going to be the Q4 with everything in the economy with CoronaVirus it would take time to see price reflect halving into Bitcoin price
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CryptopreneurBrainboss
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April 27, 2020, 04:03:12 PM |
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What is your expectations with bitcoin after halving..? Bitcoin price bullish or bearish?
The community has a common cycle which involves buying the rumors and selling the news. Prior to the halving event, the price of bitcoin tends to rise and immediately after the event correction comes in as profits are taken. As a result driving the price on a downward trends until it reaches a certain support level then bounce back upward to achieve new all time high price. Well that's how I experience my last halving impact on bitcoin price. Although this time around things seems to be moving slower than expected. Could be as a result of the current pandemic disrupting the economy as bitcoin price increase isn't that superb. Thought by now we'll be above the $10,000 price mark but all hopes aren't lost yet, we have few days before the halving event and in the industry, minutes are enough to turns things around.
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fuer44
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April 27, 2020, 04:07:50 PM |
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the only hope and maybe also the hope of almost everyone is, bitcoin can be used for the real world. so, it is not only used for transactions that can be said to be still independent or people who are in the crypto room only. but bitcoin can be widely used and is a general consumption for the world public. this expectation is likely not to be heavy when bitcoin halving is successful and development for real use cases also starts to be developed.
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Ifra24
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April 27, 2020, 04:10:42 PM |
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What is your expectations with bitcoin after halving..? Bitcoin price bullish or bearish?
We see in the following graph. Approaching halving to the three positive trends that triggered the rise in BTC prices is inferior to the endemic global Corona virus. The Corona virus has a profound effect on the global economy which has led to a crisis of confidence that has an effect on BTC prices as low as $ 3850. Looking at the history, Before and after halving price BTC always increase .In the process of first halving the decrease in block reward from 50 BTC to 25 BTC triggers an increase if not mistaken from 3 $ to 10 $. After halving the price goes up to 200 $. Next to halving the second price of BTC skyrocketed again to 1000 $ which was previously only 300 $. After halving the reduction in block reward from 25BTC to 12.5 BTC the price of the BTC very high around 19,000 $. I think, Looking to this day this cycle continues. But all things can happen this is just a cycle and hopefully this cycle will be repeated along with the belief in blokchain technology. Bulish or Bearish, I think Bulish I have written this in a local forum>> https://bitcointalk.org/index.php?topic=903836.msg54088347#msg54088347Source: https: // medium.com/@stecumm/bitcoin-block-reward-will-halve-in-may-2020-how-will-it-affect-the-price-2543132042bf
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passwordnow
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April 27, 2020, 04:13:21 PM |
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Bullish hehe. This is the time that we are all having the moment to think of the cycle. We are done with the bear cycle and a bit of a bull run but halving is approaching and we are thinking of the scenario of history repeating itself. The moment when the past halving was analyzed to made the price of bitcoin higher, this is what makes everyone bullish unless you really are a bearish guy.
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XCANA
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April 27, 2020, 04:14:12 PM |
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What is your expectations with bitcoin after halving..? Bitcoin price bullish or bearish?
Probably this topic seem to be treated some few weeks ago. But that aside, we'll are expecting something good and flavour during this Bitcoin halving this year. The price of Bitcoin has been growing up in a steady momentum and we should be happy for this compared to what happened last year 2019. Bullish at this time of the day in the life of Bitcoin is imminent, we should expect the price of Bitcoin to jump before the event and should watch out for a huge rise after the event. For those who are holding their stash are doing this for their favour and will reap bountifully in 2021
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nigelk
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April 27, 2020, 04:17:06 PM |
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I want to believe in small but study grow for the next few month. Maybe even 12-14k lvl. It would be great for me
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aioc
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April 27, 2020, 04:26:18 PM |
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What is your expectations with bitcoin after halving..? Bitcoin price bullish or bearish?
The momentum is going strong, it can't possibly be bearish, our parameters are the past halvings and all them has one thing in common, price increase after the halving, I don't think it will go the way around I expect the price to move upwards although not the one that believers want, things will change after this pandemic.
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istiak2277
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April 27, 2020, 04:29:47 PM |
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You will have the answer if you check the history of these events. Every time a BTC halving happens price goes up after some time. We have seen that history reports many times and hope this will happens this time also. So my expectation is a bullish market for BTC. I think most people are thinking this way and waiting for these events. Some even buying BTC before that run.
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BlackFor3st
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April 27, 2020, 04:31:30 PM |
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What is your expectations with bitcoin after halving..? Bitcoin price bullish or bearish?
I am not really sure about this coming halving because we are facing a pandemic right now and most of the investors are slightly having a problem to focus in crypto investment. But as what I saw in the current graph, the prices are starting to push upward as we are going closer to the upcoming bitcoin halving so there is a big possibility that the market will be green at the time of halving. But I am a little bit worried after the halving because if the market cannot maintain it's price there is a big chance that we cannot trigger the bull season instead the dump will happen again and bear season will likely to happen. But I am hoping that the big investors will maintain the increase of crypto prices after the halving so we can trigger the bull season and for the market to become alive again.
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Febo
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April 27, 2020, 04:33:01 PM |
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What is your expectations with bitcoin after halving..? Bitcoin price bullish or bearish?
It is really hard to predict anything now. If number of infected covid-19 cases will decrease and second wave will not be that hard. And if GDP drop will not be so big in March and latter in April. Then price of Bitcoin will slowly increase to $10000 and beyond. If what I wrote will not be true then we will see new dumps of Bitcoin price to sub $5000 or even lower.
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JHORN
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April 27, 2020, 04:38:27 PM |
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My expectations don't pass 10k per Bitcoin but after halving is through the value will drop for sure, it will take months for the halving to start affecting Bitcoin value, this is just my own thoughts, nothing personal
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sayam
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April 27, 2020, 06:32:06 PM |
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I hope so bullish scenario after halving. I think it will not happen this time which we see after every halving. This time I'm optimistic that the price of Bitcoin will go up. Maybe situation is not in our favor but I really hope we will see something positive.
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ElmedoRator
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April 27, 2020, 06:35:35 PM |
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What is your expectations with bitcoin after halving..? Bitcoin price bullish or bearish?
Of course I would expect prices to rise compared to the present. I believe a lot of people have invested in bitcoin recently and are waiting for halving. If prices drop after halving, that's really a terrible thing, It will make investors lose confidence in this market
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cabron
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April 27, 2020, 06:58:13 PM |
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Halving after all had been proven to make price rise up. I'm expecting the price to touch the previous ATH and stick there for probably a year before climbing up again. If it climbs continuously all the better but this is just going to be a daydream. Touching $20K would be good for all because this will make investors trust the market again.
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bassbity
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April 27, 2020, 07:20:21 PM |
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Yes, of course many people would want bitcoin to rise after halving, but whether this will be a new ATH or not, because at the moment the price is still under $ 10k, it is likely that the current halving increase will not be too large perhaps due to the current pandemic.
But I have full hopes that the increase will actually occur and the bullish will continue.
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