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Question: where do you see BTC on halving date  (Voting closed: May 13, 2020, 05:02:17 AM)
below 8k USD - 2 (13.3%)
between 8k and 9k USD - 6 (40%)
between 9k and 10k USD - 2 (13.3%)
between 10k and 12k USD - 3 (20%)
above 12k USD - 2 (13.3%)
Total Voters: 15

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Author Topic: BTC value on halving  (Read 247 times)
casperBGD (OP)
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April 29, 2020, 05:02:17 AM
 #1

hello everyone, i would put this in speculation board, but do not see it as speculation, since i expect from everyone to provide a bit of explanation with your answer on a question
halving is now just 13 days away and there does not seem that influence on the price is here, or you think otherwise, here is the clock to halving
https://www.bitcoinblockhalf.com/

i do think that halving is known to the community, but broad population is not aware of it, and media could cover this event, which should lead to people interest in crypto and BTC particularly. Google searches on bitcoin halving are rising https://u.today/bitcoin-btc-halving-google-searches-going-parabolic-prepare-for-lift-off and this should involve new people, what is your stance regarding influence on price?
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April 29, 2020, 05:13:09 AM
 #2

I Think BTC Price Is Up 9k -10k USD In 2020, BTC Project Is Very Strong & We Know Team Is Working Hard, All Cryptocurrency's Head Of BTC, So Btc Up All Up.
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April 29, 2020, 05:23:56 AM
 #3

My take: we're either going to be flat a few months after the halving, or the price would drop a bit(and stay down for a while) due to the fact that a lot of people might sell due to them expecting a price pump(which I doubt would happen). The halving effects would most likely only be felt like after probably 8-12months, pretty much like the past halvings whereas the price didn't pump immediately.

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BlackFor3st
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April 29, 2020, 05:24:09 AM
 #4

hello everyone, i would put this in speculation board, but do not see it as speculation, since i expect from everyone to provide a bit of explanation with your answer on a question
halving is now just 13 days away and there does not seem that influence on the price is here, or you think otherwise, here is the clock to halving
https://www.bitcoinblockhalf.com/

i do think that halving is known to the community, but broad population is not aware of it, and media could cover this event, which should lead to people interest in crypto and BTC particularly. Google searches on bitcoin halving are rising https://u.today/bitcoin-btc-halving-google-searches-going-parabolic-prepare-for-lift-off and this should involve new people, what is your stance regarding influence on price?
Halving really influenced the price of bitcoin and as you can see even if we are facing a pandemic right now, the bitcoin price still able to push upward. Most of the halving triggered the bull season but because of the situation that we are in right now, the possibility that we will be able to trigger the bull season after the halving is 50/50.

That is why, I choose between 8-9k$ bitcoin price because the increase is not that much even if it is steadily increasing as days passes by.

HalvingGame
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April 29, 2020, 05:41:49 AM
 #5

Don't forget you can put your money where your mouth is..
Predict the bitcoin price at halving!
https://halvinggame.com
Latviand
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April 29, 2020, 06:02:09 AM
 #6

hello everyone, i would put this in speculation board, but do not see it as speculation, since i expect from everyone to provide a bit of explanation with your answer on a question
halving is now just 13 days away and there does not seem that influence on the price is here, or you think otherwise, here is the clock to halving
https://www.bitcoinblockhalf.com/

i do think that halving is known to the community, but broad population is not aware of it, and media could cover this event, which should lead to people interest in crypto and BTC particularly. Google searches on bitcoin halving are rising https://u.today/bitcoin-btc-halving-google-searches-going-parabolic-prepare-for-lift-off and this should involve new people, what is your stance regarding influence on price?
Halving really influenced the price of bitcoin and as you can see even if we are facing a pandemic right now, the bitcoin price still able to push upward. Most of the halving triggered the bull season but because of the situation that we are in right now, the possibility that we will be able to trigger the bull season after the halving is 50/50.

That is why, I choose between 8-9k$ bitcoin price because the increase is not that much even if it is steadily increasing as days passes by.

We all know that halving will make the bitcoin price increase and there's a lot of factor that can affect it most especially the market and the users. The demand will increase and at the same time its price because of the number of supply becomes half of what we have now. It is not that easy to manipulate bitcoin during halving so you need to do what you should do in order to prevent losses and make profit. Don't mind the bull during halving, mind your own assets first and the bull run will follow. Bitcoin can possibly reach $10k or higher, we don't know but hopefully if that happens, we can seize the opportunity and make money out of it. Sometimes all you need to do is patience and proper execution of your strategy for you to become effective in any circumstances in bitcoin.
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April 29, 2020, 06:10:08 PM
 #7

before Halving FOMO happened, it was seen. now the price of Bitcoin comes in at $ 8,800,
it is likely that we will head for the trend line resistance at $ 9700- $ 9800 this week before halving  Wink
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April 29, 2020, 08:01:49 PM
 #8

My take: we're either going to be flat a few months after the halving, or the price would drop a bit(and stay down for a while) due to the fact that a lot of people might sell due to them expecting a price pump(which I doubt would happen).

I have a similar opinion.

The expectations about the halving are being priced in now. It's very noticeable how bullish sentiment, and hype about the halving, are joined at the hip. Now that price has broken to the upside again, every bull is citing the halving as a bullish catalyst.

Bitfinex longs are surging, back up to February levels now! Meanwhile, short-heavy Bitmex shed 20% of its open interest during the last week of pumping, and interest rates are back up to 0.01%. So shorts have gotten squeezed out a lot already, while bulls are buying heavily on leverage now.

If everyone buys or goes margin long before the halving, who's going to keep pushing prices up afterwards? This is classic "buy the rumor, sell the news" action.

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April 29, 2020, 11:06:12 PM
 #9

Probably in the 8000s or 9000s. I voted for 8000s.

As for whats gonna happen in the months after the halving, I don't expect anything extraordinary. Just a gradual rise as should be expected in this part of the market cycle. The halving will probably take months to really have an effect as it is gradually felt and slowly starts applying pressure on supply and therefore upward pressure on the price.
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April 30, 2020, 12:18:31 AM
 #10

between 8k and 9k USD - around 62% now and it is taking the lead.
I am also with these especially we are now on $8,700+. I am expecting a pullback starting here or before we will get to $9,000 - $10,000.
Getting a $10,000 before block halving on Bitcoin is kinda not healthy for it, so I am going for a good effect which around $8,000 - $9,000.
Don't get excited lads, we will reach those figures at the right time.

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April 30, 2020, 08:14:13 PM
 #11

The halving does have something to do with the current rally that we're seeing lately. The influence that it is getting proves that many new people are wanting to know more about it. That's a very good news while we approach the halving.

I assume that it shall go between $9k to $10k.

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May 02, 2020, 11:59:38 AM
 #12

Probably around $10000. Right now at least Europe and North America are very positive about covid-19. Businesses are opening. That will for sure positive influence Bitcoin. But we have only 2 weeks time. We will see negative pressure on Bitcoins price once reports of how much economy contracted in Q2. And when second covid-19 wave starts in Autumn.
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May 02, 2020, 12:22:14 PM
 #13

I voted for a BTC price between 8K and 9K USD.The BTC halving doesn't have a real impact over the Bitcoin price.
It's just an event that creates hype around the newbie crypto traders and enthusiasts so everybody is thinking that the price will go up and therefore a certain level of FOMO is created.
We've seen such "hype events" in the previous years- Bakkt launch,Bitcoin hardforks,Segwit,LN launch,Bitcoin futures trading launch.I think that such events aren't different than the halving.They just build hype and FOMO,and after those events happened,the BTC market returned back to normal.

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May 02, 2020, 01:40:48 PM
 #14

By the times of last halving, bitcoin was trading around $600 levels and approximate then ATH was $1180; which is ~50% of ATH. If we applies the concept of history is repeating itself then we can expect bitcoin to be trading around $10k levels by end of this month or FOMO may push slight over to $12 levels. But unfortunately, most people here never consider the factor of FOMO while speculating the bitcoin markets. Agree or not, FOMO must be playing very vital role on price ranges even it is not the actual trigger for market direction.

With all technical analysis+physiological approach, I believe there are plenty of chances for bitcoin market to be trading above $12k levels by the times of upcoming halving. unlike any time of bitcoin history, currently we are having another factor which must be the ongoing pandemic. I'm afraid it also might be playing another role in deciding the price levels of bitcoin in coming months.

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May 02, 2020, 04:25:13 PM
 #15

It looks like history cannot be repeated but there will be a descent price movement, well my prediction for Halving is 9k - 11k. But I am really afraid after Halving because most of them are ready to sell their asset as the pandemic might still continue in most of the countries and this might cost them to sell their holdings, this is what it going to happen the price will drop after Halving...

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May 02, 2020, 06:18:13 PM
 #16

accurate analysis, 50% said that the price of Bitcoin before Halving will reach $ 8000 - $ 9000 and in April 30 the price of Bitcoin flies to $ 9400, hopefully this zone is a strong zone for Bitcoin to continue its rally
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May 03, 2020, 04:06:09 AM
 #17

accurate analysis, 50% said that the price of Bitcoin before Halving will reach $ 8000 - $ 9000 and in April 30 the price of Bitcoin flies to $ 9400, hopefully this zone is a strong zone for Bitcoin to continue its rally

It still rally today, moving above $9k so most probably around the the range of $9k-$10k before the halving itself. But we might see a lot of movement after the halving, miners are going to adjust so the price will definitely adjust as well.

I will go on the popular opinion here, I'm not expecting that this minor rally will continue after the halving. We might see a huge dump after and then the slow ride to five digits again at the end of 2020.

R


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May 03, 2020, 04:22:20 AM
 #18

Assuming this poll was created couple of weeks back, I'll had gone for below the $10k price mark since back then, the market wasn't looking that promising/encouraging to me but currently that isn't the case. The rate at which the market change from it bear trend to bull was surprising at the same time excepted although I guess the rate of the change was what surprise me irrespective of already been informed about the FOMO, halving brings into the community.

I have gone with the prediction of above $12k, that isn't me just been too optimistic but I foresee a price within that range. We're out of the $8k zone and soon will bypass that of $9k too as we're currently struggling with retaining that price. Couple of days (2/3) before the main halving d-day, more spike in price will push the price above the $10k leading us to trade within $11k - $12k and probably some few dollars above $12k.

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May 03, 2020, 08:49:38 AM
 #19

I am seeing bitcoin above $10,000 before halving just that the probability of it going down a little before that is still very much possible. We should buy the next little deep as bitcoin is going to grow this very week we are.
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May 03, 2020, 09:01:10 AM
 #20

A Steady movement. My general guess would be the price to be between 8 and 10k. I added 8-9 since the price just a few days ago was around 7 and expecting it to exceed 10 all of a sudden is kind of expectant of me much. We would most likely see an up and down movement not exceeding 10k and not going below 8k. Price would most likely play around there and any possibility of another retrace because of the recent 20% increase is mostly unlikely now since it's already been a few days. Heck, BTC is even fighting against the retrace and is currently standing at $9k though honestly, the chances of it going past $10k is most unlikely. Even if we take into account the FOMO of the halving, it really doesn't have that much allure and effect imo.

R


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FAZE CLAN
SSC NAPOLI
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