The Halvings impact on Bitcoins price

[ningrum]

I would advise anybody still waiting for the price of bitcoin to reach exceedingly high price to stop hoping on something which is not going to happen. Once this halving occurs the price of bitcoin is likely to dump pretty hard. This is the last pump before halving so invest wisely.

there are no more events, the next Halving will occur in 2024, I think indeed the price of Bitcoin will be stable for a few months, maybe the price will play at $ 7000- $ 9000, if resistance at $ 10,000 is bypassed it will be interesting to watch

[Kelvinid]

I would advise anybody still waiting for the price of bitcoin to reach exceedingly high price to stop hoping on something which is not going to happen. Once this halving occurs the price of bitcoin is likely to dump pretty hard. This is the last pump before halving so invest wisely.

there are no more events, the next Halving will occur in 2024, I think indeed the price of Bitcoin will be stable for a few months, maybe the price will play at $ 7000- $ 9000, if resistance at $ 10,000 is bypassed it will be interesting to watch

2020 halving has a different scenario compared to the past two halvings and that next halving will possibly be different as well. Should we think of an instant market effect for this halving? No, for sure.  And even we recall the previous halving, we can't say that but it gives some hope where we can able to see the positive results months after the said event.

And, if we take a look at the market today, it has nothing it's changed. We are still $8.5k-$9k in range, not too back to look at. Now, lets see how the market change in the coming days as halving passes by.

[Oceat]

I would advise anybody still waiting for the price of bitcoin to reach exceedingly high price to stop hoping on something which is not going to happen. Once this halving occurs the price of bitcoin is likely to dump pretty hard. This is the last pump before halving so invest wisely.

You were right there and I hope everyone would be so wise for investment this time since halving does happen already before may their mistakes be the lesson for us to not to be greedy in terms of investment. For those newbies who just happens to witness the Bitcoin halving today may be wise enough too to choose what is right in terms of investment and always minimize the risk of losing.

[JFoxOne]

[HotRod4Life]

Do I get it right that we have no significant impact of halving? It was predictable. Well, I'm glad that the crypto market has become older and we have more sustainable financial model than previously.

[onrise]

Do I get it right that we have no significant impact of halving? It was predictable. Well, I'm glad that the crypto market has become older and we have more sustainable financial model than previously.

Nothing major happened as such in last 48 hours or so. I was expecting some volatility during this period to happen but it was a smooth ride as such with little on a downside. Though it has reclaimed 9k levels back and probably if it remains stable and slowly keep rising this will be helpful for us to see 10k levels soon in coming time.

[Kong Hey Pakboy]

I would advise anybody still waiting for the price of bitcoin to reach exceedingly high price to stop hoping on something which is not going to happen. Once this halving occurs the price of bitcoin is likely to dump pretty hard. This is the last pump before halving so invest wisely.

You were right there and I hope everyone would be so wise for investment this time since halving does happen already before may their mistakes be the lesson for us to not to be greedy in terms of investment. For those newbies who just happens to witness the Bitcoin halving today may be wise enough too to choose what is right in terms of investment and always minimize the risk of losing.

Indeed. To be honest, i am one of those people who really expect and hope that bitcoin's price will continue to increase it's price after halving, but it all turns out that bitcoin's price decreases and it stays in the range between of $8,000-$9,000. That is why a lot of people have been saying that having too much expectations could really turn into a disappointment.

[posi]

I would advise anybody still waiting for the price of bitcoin to reach exceedingly high price to stop hoping on something which is not going to happen. Once this halving occurs the price of bitcoin is likely to dump pretty hard. This is the last pump before halving so invest wisely.

You were right there and I hope everyone would be so wise for investment this time since halving does happen already before may their mistakes be the lesson for us to not to be greedy in terms of investment. For those newbies who just happens to witness the Bitcoin halving today may be wise enough too to choose what is right in terms of investment and always minimize the risk of losing.

Indeed. To be honest, i am one of those people who really expect and hope that bitcoin's price will continue to increase it's price after halving, but it all turns out that bitcoin's price decreases and it stays in the range between of $8,000-$9,000. That is why a lot of people have been saying that having too much expectations could really turn into a disappointment.

The bitcoin market price is not disappointed at all if we judge or compare the previous historical price and value of Bitcoin after halving because the price is expected to downtrend for some time before the total bullish market that will make us achieve new ATH will take over.

[thisnewcoin]

The halving impact may not happen in this year, it may need a year or more to come! If you check the history about the two past halvings, you will see halving impact did not happen in the same year!  Right now Bitcoin price seems stable at 9K area, but I expect to end this year by seeing Bitcoin at 14-15K USD at least! And anytime in 2021, I expect a bull run which will hit the ATH in Bitcoin price!

[jhonjhon]

The halving impact may not happen in this year, it may need a year or more to come! If you check the history about the two past halvings, you will see halving impact did not happen in the same year!  Right now Bitcoin price seems stable at 9K area, but I expect to end this year by seeing Bitcoin at 14-15K USD at least! And anytime in 2021, I expect a bull run that will hit the ATH in Bitcoin price!

As expected to see early next year, but I don't really expecting it will be in the bullish as high as 2017. It will be a lucky year for us if Bitcoin prices will reach $14k before the year-end.
What was a little bit surprising is how crypto could maintain the momentum amid this pandemic.

[Dr.Osh]

The halving impact may not happen in this year, it may need a year or more to come! If you check the history about the two past halvings, you will see halving impact did not happen in the same year!  Right now Bitcoin price seems stable at 9K area, but I expect to end this year by seeing Bitcoin at 14-15K USD at least! And anytime in 2021, I expect a bull run which will hit the ATH in Bitcoin price!

so far there has not been any development regarding the price of bitcoin. after halving, the price is even stable at $ 9k. however, we do need time to see developments that actually occur. maybe later in the year, prices will start rising. I honestly assume that the price of bitcoin can reach more than $ 10k after halving. however, given the current pandemic control, an initial $ 9k is enough.

[Naida_BR]

Nobody knows if this halving will get the price to increase because increase in marketcap will 90% determine the price not halving itself. And, it is likely that the price of bitcoin will increase but I do not think it can be more than $15000 because the marketcap required this time to achieve all time high is greater than before because more bitcoin have been generated since two years ago.

In short term the price is not going higher than 10k.
People wait at this level in order to sell most of their bags in order to make a decent profit for 2020. If the price is going to continue increasing this is going to happen in late 2020 or 2021 where the market is going to stabilized and acknowledge the new impacts of halving.

[iv4n]

Nobody knows if this halving will get the price to increase because increase in marketcap will 90% determine the price not halving itself. And, it is likely that the price of bitcoin will increase but I do not think it can be more than $15000 because the marketcap required this time to achieve all time high is greater than before because more bitcoin have been generated since two years ago.

In short term the price is not going higher than 10k.
People wait at this level in order to sell most of their bags in order to make a decent profit for 2020. If the price is going to continue increasing this is going to happen in late 2020 or 2021 where the market is going to stabilized and acknowledge the new impacts of halving.

In short run you can't be sure in anything, bitcoin can surprise all of us and rise over 10k. It's like people expect one thing, and something else happens, it wouldn't be the first time for crypto market to make a turn, and like always just few are ready for that turn! Call it a manipulation from whales, call it fresh blood, or however, we never know exact reasons for any rise or drop, I always thought it's a combination of all factors, and there are many factors you can consider for analyzing bitcoin price movement.
Halving will have impact on the bitcoin price, like it has two times before, and the same as before we will have to wait a year, more or less, to see the effects of btc halving on entire crypto market, not just on bitcoin!

[wozzek23]

In short term bitcoin price is already over 9.8k as of right now, how do you really not see it going over 10k when there is only 200 dollars left? That is literally 0.2% difference between 10k and the current price. However it may not go over 15k that is understandable. Yet the halving impact is not a one time short term thing, it is a longer term thing.

Think about it this way, you have a country that prints money constantly to cover the expenses, they know that printing money makes it less valuable, so your money becomes less valuable as well, do think like Zimbabwe dollars but more like Ukraine money and that kind of means that if you do not really print forever if you are Ukraine, however if you suddenly stop printing, and even stop longer than other nations, USA will still print right? That means your money will start to worth even more dollars as Ukrainians. Think of it like that.

[lumeire]

In short term bitcoin price is already over 9.8k as of right now, how do you really not see it going over 10k when there is only 200 dollars left? That is literally 0.2% difference between 10k and the current price. However it may not go over 15k that is understandable. Yet the halving impact is not a one time short term thing, it is a longer term thing.

Think about it this way, you have a country that prints money constantly to cover the expenses, they know that printing money makes it less valuable, so your money becomes less valuable as well, do think like Zimbabwe dollars but more like Ukraine money and that kind of means that if you do not really print forever if you are Ukraine, however if you suddenly stop printing, and even stop longer than other nations, USA will still print right? That means your money will start to worth even more dollars as Ukrainians. Think of it like that.

There is a lot of resistance at $10k mark and every time bitcoin reaches $10k the bears come in action and they bring the Price down. Even the bitcoins block reward halving didn't bring a positive short term affect as everyone expected that it will happen. And what you said is right the Price movement should be and will be a long term Target and it won't happen suddenly, it will be a gradual increase in price.

[boyptc]

The halving impact may not happen in this year, it may need a year or more to come! If you check the history about the two past halvings, you will see halving impact did not happen in the same year!  Right now Bitcoin price seems stable at 9K area, but I expect to end this year by seeing Bitcoin at 14-15K USD at least! And anytime in 2021, I expect a bull run which will hit the ATH in Bitcoin price!

I'm also following the same pattern.

But this time, it looks like it's moving base from what we are not expecting and it's gaining the strength that we usually see when it rises. More of next year is given by most of us here and thinking of how low key it is for this year.

[TimtheYoutuber]

I'm still sticking with my prediction that it will go down over a few months, and then will hit new highs.

[Raflesia]

Nobody knows if this halving will get the price to increase because increase in marketcap will 90% determine the price not halving itself. And, it is likely that the price of bitcoin will increase but I do not think it can be more than $15000 because the marketcap required this time to achieve all time high is greater than before because more bitcoin have been generated since two years ago.

In short term the price is not going higher than 10k.
People wait at this level in order to sell most of their bags in order to make a decent profit for 2020. If the price is going to continue increasing this is going to happen in late 2020 or 2021 where the market is going to stabilized and acknowledge the new impacts of halving.

So they will now survive in the price below $ 10k even though it is a small profit for them still they will do especially in difficult times like this, with prices not strong now to redeem $ 10k then I think they will take advantage of short-term opportunities maybe in the 2nd quarter.

There have been many predictions from several articles about the increase in bitcoin at the end of the year because that's where the peak of price stability began to surge but I also can't be sure that that will happen.

[JimboToronto]

There's no pattern.

After the first halving it rose exponentially for 4 months from $12 all the way up to $266, a level previously only dreamed of.

After the second halving it took a steep drop from $660 down to under $470 in about 3 weeks.

[TimtheYoutuber]

There's no pattern.

After the first halving it rose exponentially for 4 months from $12 all the way up to $266, a level previously only dreamed of.

After the second halving it took a steep drop from $660 down to under $470 in about 3 weeks.

It's gone down after the first. It has each time. I didn't write this article as a "look at the chart" prediction. The halving has short term negative effects with miners, which was the start of my price prediction. I also never made any fixed price predictions because that is gonna be near impossible to pinpoint. We'll see a price drop that will go below $8300 before the end of the year. And if I'm wrong, then cool I lose out on money. And if I'm right, I make money and you guys lose money.

That's what a free market does