The Bitcoin halving's 3 possible scenarios.

[DoublerHunter]

^ IF, there is probably no panic selling event after the halving for most of the traders already aware that bitcoin's price will still pump and they will surely hold to their asset until the market recovers and begin trading at the time they think it is already manageable to them. Let assume that newbies probably experience fomo because evidently it shows the slow movement on bitcoin's price. At the end of the day, it may be a make or break for investors depending on their skills in handling scenarios like this halving. You have a good point of view OP, nevertheless, we will see to it what will happen next after the halving.

[shoreno]

can i choose 4 of the choices on the poll op ? number 1 is the fomo event or fear of missing out  .

people will try to accumulate right now or when the halving is getting close because they believe price will rise  and then number 2 is the panic selling will occur during and after halving because price finally pump at these times and there goes number 3 the price will dump so so it wil gonnabe boring again . lastly number 4 , i cant think of something else 

[Wind_FURY]

Just came back to lurk after ages to read the sentiment as the Halving approaches
Personally I voted for the boring scenario, realistically I see it being the bull run scenario a significant amount of money has been printed to battle COVID leading to a Cyprus reignition point that caused the last rally.
The potential crisis with the entire economic system has not played out yet and we may also see shifts to the current hegemony that are pro bitcoin and crypto. China just started its blockchain system a few weeks ago so interesting times.
That said these are a bit long term in outlook compared to reality and as it is I don't see it occurring for a while yet.

Bullish, however, is my personal opinion based on the speculation of new money entering into Bitcoin as people search up the Bitcoin halving and to be honest ... with the world in a social distance state the attention this event may attract and the people who are speculating the markets will bring a lot more people into the game.
Just a new influx of money from people who receive cheques and are financially stable enough to invest will cause a rally.
Will they get the accounts settled and prepared by next week well that's the real question after the halving will there be a short term drop on the news and a rally after hard to say kind of fun that way though.

New money is sometimes stupid money though so FOMO can happen  

Do you believe the "new money" would come in mere days, or hours before the halving? I would debate that the halving is already known four years before, and that the "new money" have already came in, and already priced it in.

[OgNasty]

Buy the rumor, sell the news.

Lots of people are piling in to get rich from the halving. They will sell as soon as their expectations aren’t met causing downward pressure on the price. Once the weak hands have all left the price rise can continue. Expect at least another year before you see the upward price explosion people seem to think will come next week.

[Wind_FURY]

Buy the rumor, sell the news.

Lots of people are piling in to get rich from the halving. They will sell as soon as their expectations aren’t met causing downward pressure on the price.

I believe not immediately, IF there are some of "them" left.

Once the weak hands have all left the price rise can continue. Expect at least another year before you see the upward price explosion people seem to think will come next week.

Weak-hands have already left during the crash to $3,600 - $3,800 in my opinion. Plus everything is already priced in - the halving, AND the "crash" after halving. Individuals from both groups must have already bought or sold.

[whyrqa]

Once the weak hands have all left the price rise can continue. Expect at least another year before you see the upward price explosion people seem to think will come next week.

Weak-hands have already left during the crash to $3,600 - $3,800 in my opinion. Plus everything is already priced in - the halving, AND the "crash" after halving. Individuals from both groups must have already bought or sold.

Today we already expect only the third halving in the history of Bitcoin, but previous halving showed a really very good and positive impact on bitcoin pricing.  therefore, many cryptocurrency users expect only positive results from the upcoming halving.  It seems to me that all negative statements regarding halving and global problems among miners are speculative.
one way or another, halving is designed to provoke a shortage of bitcoin in the market, which means that this will lead to an inevitable increase in bitcoin prices.  and based on this, Bitcoin mining will again be profitable over time.  The main thing is that Bitcoin holders, upon reaching a certain maximum, do not begin to sell massively in order to earn a lot and very quickly.

[Yourhomeboy]

I chose the huge panic selling. All I see is news about people hoping to see bitcoin price increase after the halving. But won't understand that if they stop buying bitcoin, the price will not increase as expected. After the halving and what they expected of bitcoin to do, it doesn't happen. They will likely sell their coins putting the bitcoin price at risk. I hope they start buying again after the price has started increasing weak later after the halving.

[Reid]

Looks like #1 is happening already.
FOMO.
I thought it will be a boring week.
But look at the sections here and it is filled with threads about the halving.
Members are excited and I like that, it might help for a while. Asking different kind of question and are still on 50-50 if they will really buy at the expensive price.

But, there is always the truth in which traders will sell. When they reach that line another dump will happen.

[seoincorporation]

... hence some miners might need to turn off their machines.

I like the 3 scenarios you share with us, i mean any of them are possible, but i think we should focus more on this point because i think we will see a big number of miners turning off after the halving. I'm not sure how will that affect the price, but if those mining farms sell their bitcoin that will be a massive dump.

[onrise]

I chose the huge panic selling. All I see is news about people hoping to see bitcoin price increase after the halving. But won't understand that if they stop buying bitcoin, the price will not increase as expected. After the halving and what they expected of bitcoin to do, it doesn't happen. They will likely sell their coins putting the bitcoin price at risk. I hope they start buying again after the price has started increasing weak later after the halving.

I expect the prices to increase slowly if not all of the sudden. I also expect many investors to buy the crypto for the next few months consdi3ring the global economy and this will yield the more demand and as halving will reduce the mining of bitcoin the price will grow eventually. Though it may take some time but do expect the prices to rebound from this level.

[thecodebear]

The panic sell already happened a couple days before the halving. People got too excited about an incoming post-halving panic sell and did it early. The FOMO event will happen as a slow build over months, I don't see a huge spike about to happen as we just gained from $3k to $9k the past 8 weeks. So probably the boring scenario, where it'll probably bottom out here in the 8000s or maybe even high 7000s then move back to 9000s and play around in the 8k-10k range for a bit, slowly building upwards in spurts as the supply pressure of the halving slowly builds.

[Upgrade00]

I expect a FOMO situation. Bitcoin has had two halvings each bringing significant rise in the market price, in the long-run. The first time could be called a coincidence, but after the second halving which sparked the bull run that led to the current ATH, there's enough basis to attract people to invest in Bitcoin purely on the idea of a halving charge. This would attract a lot of new investors, who just hear about a significant event upcoming, and they think; this could be a chance to make profit. This would likely push the price short term. Creating more interest and more FOMO. I also expect there would be a correction period in-between.

[carlfebz2]

Dont expect for any FOMO thing but rather im anticipating for some another Boring market situation.Well, in talks of long term aspects then we would all like to have that increasing prices
but if we do just talk on the particular halving situation then im not really that expecting much.I do even believe that the hype is already over when we do hit up 10k and now is the time for
another sideways movement for upcoming months or onwards.I do prefer this way than seeing a market thats bubble-like just like what happened in 2017 where it do increase up too fast
but same goes on how fast it did make a hard dump.

[TitanGEL]

Dont expect for any FOMO thing but rather im anticipating for some another Boring market situation.Well, in talks of long term aspects then we would all like to have that increasing prices
but if we do just talk on the particular halving situation then im not really that expecting much.I do even believe that the hype is already over when we do hit up 10k and now is the time for
another sideways movement for upcoming months or onwards.I do prefer this way than seeing a market thats bubble-like just like what happened in 2017 where it do increase up too fast
but same goes on how fast it did make a hard dump.

The price retrace at $8300 and it bounced back because it is a major support, right now the price is trailing at short term dynamic support which is the 20 MA. There is also no sign of momentum at all even if the Halving is already finished, I think there is a delay as long as the price will not breakdown expect a rally that will happen. The RSI also is looking good because it is already bounce on its support. We should just control our expectation because anything can happen especially in the very volatile market.

[leea-1334]

So,,, are we in something else territory now? I feel like we are at the totally boring moment phase. And this is what I have been saying will happen. Every time we hype something up, it turns to boring shit. Bitcoin suffered the altcoin moment. Hyped to max effect then plop nothing happened.

[adaseb]

Well it was the scenario that I didn't expect to happen. I assumed that after the halving either we will get a dump or it would trade sideways and instead we got a dump right before the halving. Looking at the hourly charts it looks like the low $8xxx area might be holding so we might actually in a few days break out of this mid $8xxx trading and head back to the $10K+ but that dump from $9600 was pretty ugly to say the least.

All over crypto twitter and reddit people who were new to bitcoin and invested are calling it a scam already because it lost so much value in such little time. Many people bought at $10K or so and were forced to watch almost 20% of their investment plunge in a day or so. So not looking well on that front. Either way we will see how it will play out for the remainder of this week and month.

[crwth]

There is a lot that has happened but I think we are in Boring Part of this phase. The OP considered everything that could possibly happen and for me, it did. Right now, all I can say is Now What?

It's like the tweet of the official Binance account.

So... what do we do now?

That's what I'm feeling right now. Lol.

It's evident in the past that the past halving events had positive effects on bitcoin's price in the mid-long term. So whatever happens in the short-term, really doesn't matter that much. Though I'd personally probably prefer a drop so we could accumulate more. Thoughts?

I think this is the best mindset that we could have, people involved in Bitcoin should have too. Having the Long Term mindset that people should have. It's not wise to have to speculate on what could happen to Bitcoin's price because no one can predict it, but the discussion should always be what could we do in the long term to help the price move up. In the short term, accumulate more.

[Wind_FURY]

"Boring scenario" won the poll, and it was truly a boring scenario. Everything WAS priced in with the halving event already known to be four years after 2016's halving.

Any market FOMO from here will be of unknown causes.

[kawetsriyanto]

Most probably price would drop after halving FOMO because there will be another FUD after halving. As you mention on the topic regarding panic sell, it would happen immediately after halving, not before the halving IMO.

It is also what I think related to this halving. People will buy Bitcoins several days or weeks before halving and once there is a big increase during halving, those people will probably try to sell their Bitcoins, then there is a huge drop in price. Actually I don't assume it is a panic sell but a selling time that the people have already planned and predicted to take advantage of Bitcoin halving hype.

[Sirait]

I would bet that there is a big percentage that this halving could be the Boring Scenario because of the covid effect.
But there is also a possibility of a FOMO because of covid people would try to use crypto to earn online so there could be a batch of fresh money for the market.
But the FOMO would only be for the newbie's not for us who have been in crypto game for long.

haha, why only a newbie? have you lost your passion for Bitcoin  

I more agree with the Boring scenario at halving this time, the attractiveness of investors may be has diverted because covid is happening