New ATH after halving?

[DonFacundo]

As you can see the price of bitcoin is already increasing while we are in pandemic so possible bitcoin could hit $10,000 after the halving.

[ballerin and giroud]

Before 2016 halving, the price went up a total of 50% and this time, when btc is getting closed to the halving, we saw this sudden price pump. During 2016, there was a little uncertainty from China, while we have now the pandemic. What do you think? Will we see 10000 above within this week and new ATH soon?

There are several prediction which stated that bitcoin will touch $10.000 before halving event. In this situation, when bitcoin price is always up day by day I think that reasonable price to be reached. We will see bitcoin price touch it, I'm sure with that. Also there are some prediction as well that this pandemic is help bitcoin alwasy up. Can you imagine with a lot of people just stay at home and they didn't do anything whilst they need money to meet daily life they will find another solution to resolve it and I think they choose bitcoin as a solution.

[CryptoYar]

Before 2016 halving, the price went up a total of 50% and this time, when btc is getting closed to the halving, we saw this sudden price pump. During 2016, there was a little uncertainty from China, while we have now the pandemic. What do you think? Will we see 10000 above within this week and new ATH soon?

I don't think so because the virus has ruined the economy of the whole world. Yes if it was not Pandemic then it could have been. I think the reason for not going down bitcoin is the legalization of bitcoin in India, Otherwise, the price of bitcoin could also go down.
Bitcoin can achieve 10000 very soon after Pandemic is over

[Kong Hey Pakboy]

Before 2016 halving, the price went up a total of 50% and this time, when btc is getting closed to the halving, we saw this sudden price pump. During 2016, there was a little uncertainty from China, while we have now the pandemic. What do you think? Will we see 10000 above within this week and new ATH soon?

A lot of people are really expecting for bitcoin halving will happen this year of 2020, and i saw some article about it that they are expecting bitcoin halving will occur in May 18, 2020.

The next bitcoin halving is expected to occur in the week commencing 18 May 2020, when the number of blocks hits 630,000. It will see the block reward fall from 12.5 to 6.25 bitcoins. The exact date of the halving is not yet known as the time taken to generate new blocks varies, with the network averaging one block every ten minutes.

Source:

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https://www.ig.com/en/bitcoin-btc/bitcoin-halving

As the article says, the exact date is not yet known but they truly believe that halving will occur in May. I also think the new ATH will come after halving because a lot of people will be waiting for bitcoin to reach $20,000 again because they really wanted to experience it again, even it takes a while.

[arwin100]

Before 2016 halving, the price went up a total of 50% and this time, when btc is getting closed to the halving, we saw this sudden price pump. During 2016, there was a little uncertainty from China, while we have now the pandemic. What do you think? Will we see 10000 above within this week and new ATH soon?

I don't think so because the virus has ruined the economy of the whole world. Yes if it was not Pandemic then it could have been. I think the reason for not going down bitcoin is the legalization of bitcoin in India, Otherwise, the price of bitcoin could also go down.
Bitcoin can achieve 10000 very soon after Pandemic is over

I'm also expecting that also since the virus hits so hard the countries around the world for now there are so many jobless people and businesses are still closed so provably there are people are just holding up their money for their own welfare and investments are not their main plan yet for now so we should expect that we might not see the same halving effect before and let's settle for less since this is the effect of the current global upset.

[CryptopreneurBrainboss]

Before 2016 halving, the price went up a total of 50% and this time, when btc is getting closed to the halving, we saw this sudden price pump. During 2016, there was a little uncertainty from China, while we have now the pandemic. What do you think? Will we see 10000 above within this week and new ATH soon?

If by new all time high (ATH), you're judging based on the last all time high of approximately $19,500 in 2017 then I don't think we should be that optimistic at the moment considering there are many factors against bitcoin currently most especially the pandemic causing fear all over the world. The last time bitcoin skyrocketed that high it did have some support especially as new money were flowing into the industry from institutional Investors and the average investors interested in the mouthwatering profit the industry was delivery due to the ICO era.

Now regarding the new all time high of 2020, the market still has some potential in it, the FOMO isn't over yet, I have early suggested that the price is likely going to touch the price range of $11k - $12k  and I'm still standing on my early predictions. For now, we just have to get enough support to breakdown that resistance level at $9500 and we'll be on another wave of upward price movement until another resistant level is met.

[freedomgo]

Now regarding the new all time high of 2020, the market still has some potential in it, the FOMO isn't over yet, I have early suggested that the price is likely going to touch the price range of $11k - $12k  and I'm still standing on my early predictions. For now, we just have to get enough support to breakdown that resistance level at $9500 and we'll be on another wave of upward price movement until another resistant level is met.

I don't see a FOMO yet, what we saw that the market is already bullish for me there's no FOMO yet.
We haven't even crossed $10,000 and people have a big expectation on the coming halving, I guess we will not achieve the success in the past this time around.

[TheEconomists]

Before 2016 halving, the price went up a total of 50% and this time, when btc is getting closed to the halving, we saw this sudden price pump. During 2016, there was a little uncertainty from China, while we have now the pandemic. What do you think? Will we see 10000 above within this week and new ATH soon?

We may not be able to compared the halving of 2016 to this year because one, the global demand for Bitcoin as of this year cannot in any way be compared to that 2016 where there are so many ICO's project all over and the year with a global pandemic pushing the global market on a downward trend. One can't roll out a new ATH because anything can happen at any time in this market.

[suzanne5223]

Before 2016 halving, the price went up a total of 50% and this time, when btc is getting closed to the halving, we saw this sudden price pump. During 2016, there was a little uncertainty from China, while we have now the pandemic. What do you think? Will we see 10000 above within this week and new ATH soon?

We may not be able to compared the halving of 2016 to this year because one, the global demand for Bitcoin as of this year cannot in any way be compared to that 2016 where there are so many ICO's project all over and the year with a global pandemic pushing the global market on a downward trend. One can't roll out a new ATH because anything can happen at any time in this market.

Anything can happen in crypto market but if the market didnt experience surge in price that mean the block halving failed because halving was a strategy created for inflation control in bitcoin market. Although, the bullrun may not be enough as expected but the market will certainly experience bull run when the time is right.

[Oasisman]

Now regarding the new all time high of 2020, the market still has some potential in it, the FOMO isn't over yet, I have early suggested that the price is likely going to touch the price range of $11k - $12k  and I'm still standing on my early predictions. For now, we just have to get enough support to breakdown that resistance level at $9500 and we'll be on another wave of upward price movement until another resistant level is met.

I don't see a FOMO yet, what we saw that the market is already bullish for me there's no FOMO yet.
We haven't even crossed $10,000 and people have a big expectation on the coming halving, I guess we will not achieve the success in the past this time around.

Too early to judge the market by just looking at the current global crisis as one of the biggest factor that could disappoint a lot of optimistic investors in crypto space.
Remember, the past halving bulls happened after almost a year. We still have a lot of time to wait for the next Bitcoin move. We haven't even reached the 630,000 block yet.
The 2017 ATH wasn't even expected by a the vast majority.

[CryptopreneurBrainboss]

I don't see a FOMO yet, what we saw that the market is already bullish for me there's no FOMO yet.
We haven't even crossed $10,000 and people have a big expectation on the coming halving, I guess we will not achieve the success in the past this time around.

When the market is bullish what happens next? those that weren't fortunate to buy before the bull market or that procrastinated, FOMO into the market to benefit from the profit. So technically when there's a bull market, you'll see FOMO which also contribute to the price skyrocketing. Since you acknowledge that people are "having high expectations for the coming halving" which will obviously result to them buying into bitcoin, it simply means FOMO.

FOMO can easily be identifed when there's an abnormal spike in price of any tradable asset/commodity. Can't be certain but I think bitcoin experience something similar with it's $1000 price gain few days ago.

[Smitty Werben Man Jensen]

Before 2016 halving, the price went up a total of 50% and this time, when btc is getting closed to the halving, we saw this sudden price pump. During 2016, there was a little uncertainty from China, while we have now the pandemic. What do you think? Will we see 10000 above within this week and new ATH soon?

yeah hopefully history can be repeated again this year, but it is not easy for now, many people already have Bitcoin and there must be more demand, we all know that Bitcoin has 21 million only, and there are still people who save in large amounts, price manipulation can happen at any time

[ballerin and giroud]

Before 2016 halving, the price went up a total of 50% and this time, when btc is getting closed to the halving, we saw this sudden price pump. During 2016, there was a little uncertainty from China, while we have now the pandemic. What do you think? Will we see 10000 above within this week and new ATH soon?

Technically bitcoin could increase to $10.000 because now it has a support around $8800 which I think that is very close to $10.000. Also if we use trend line in time frame 1 day $10.000 is really possible to be reached. But we haven't reach it yet, bitcoin's price is more volatile right now. Hopefully it can be reached before halving event happened and I will believe it since bitcoin's price has increased in a few days ago even when this pandemic still spreading in most countries.

[onrise]

As you can see the price of bitcoin is already increasing while we are in pandemic so possible bitcoin could hit $10,000 after the halving.

The price is really not swinging much though we had send some rise lately in btc and this would happen considering halving in coming time. Hopefully the price continues to rise upwards slowly and steadily so that the fall does be the major one and this could help btc be in a certain range. Hoping the price to rebound to 10k levels in coming time.

[ScamViruS]

Before 2016 halving, the price went up a total of 50% and this time, when btc is getting closed to the halving, we saw this sudden price pump. During 2016, there was a little uncertainty from China, while we have now the pandemic. What do you think? Will we see 10000 above within this week and new ATH soon?

It is difficult to say now. Because it is not yet known which way the market will go after halving. There is still a long way to go to ATH. Because now the whole world is in a situation of fear. Every country in the world is facing economic losses. The amount of thinking about investing and trading has decreased. Everyone is more worried about their lives now. So that’s one of the main reasons that would prevent Bitcoin going to Ath now, I think. But I hope the real run will come when this situation improves.

[OrangeII]

for now, I feel that in the near future, prices could be above the $ 10k price. maybe around $ 13k to $ 14k if halving really brings a positive trend. however, there are still some doubts as to the new ATH. but, if there is a possibility of achieving a new ATH, then it could have happened in 2021.

[MFahad]

Before 2016 halving, the price went up a total of 50% and this time, when btc is getting closed to the halving, we saw this sudden price pump. During 2016, there was a little uncertainty from China, while we have now the pandemic. What do you think? Will we see 10000 above within this week and new ATH soon?

yeah hopefully history can be repeated again this year, but it is not easy for now, many people already have Bitcoin and there must be more demand, we all know that Bitcoin has 21 million only, and there are still people who save in large amounts, price manipulation can happen at any time

When everyone is looking for the All time high after halving , do you think we will reach the All time high soon after halving. I doubt so. I think bitcoin may dump very fast just after the halving making people panic and sell in loss. After that we may see another rally which may take bitcoins to new ATH. This whole process may take 6 months to an year.

[JohnBitCo]

for now, I feel that in the near future, prices could be above the $ 10k price. maybe around $ 13k to $ 14k if halving really brings a positive trend. however, there are still some doubts as to the new ATH. but, if there is a possibility of achieving a new ATH, then it could have happened in 2021.

Remember, last bitcoin halving happened in 2016 but the exact bull run came in 2021 about 1.5 years after the halving. So if history repeats itself we can see the ATH in 2021 which is not far away. But i have one doubt that this covid-19 may ruin or delay the bull run.

[sandra_x]

It is not very likely we see a significant rise in the value of bitcoin in the shprt term as regard the halving. Price surge is usually occur in the weeks running to the halving date, the initial momentum seemed to have waned, we may even see a drop in price. We await the long term effect, that is more realistic

[leyton11]

Before 2016 halving, the price went up a total of 50% and this time, when btc is getting closed to the halving, we saw this sudden price pump. During 2016, there was a little uncertainty from China, while we have now the pandemic. What do you think? Will we see 10000 above within this week and new ATH soon?

Bitcoin surpassing $ 10k in more than a week is impossible.  There have been too many fomo people on bitcoin halving and there will be a correction in the next few days.  times before halving bitcoin ended, its price plummeted before growing to a certain extent.  This week it could drop sharply to the $ 8k5 and $ 8k3 ranges.  It's a strong support zone and there will be quite a lot of people waiting to buy at that price.