Price of BTC after halving

[snipie]

It's bad for people who have too much expectation.

This is for the best.
Patience is what we needed.
Just try to calculate everything for now or use this time to be the opportunity to buy more.
Do always keep in mind that it could go anywhere.
It doesn't always mean that the value should go up after a halving happens.

It is expected to not having a huge jump in bitcoin price near the halving but $10k was quite good as a start which is as usual followed by collecting the profit.
For now i expect a stable balance before the bull run starts again!

[South Park]

Halving is successfully completed. We have seen several moves on price of BTC. What we can expect now? Who will control the market? Bull or bear?

I know the expectations are very high now that the halving has been completed successfully but I do not think that anything is going to happen immediately, it is going to take a few months for the market to feel the smaller supply coming from the miners, but even then I do not really see the market conditions for a bull market to take place, but a bear market is also unlikely so I really expect that this particular year is going to have its ups and downs but it is not going to be anything as impressive as what people want to see.

[justdimin]

I am quite happy that there was nothing technically wrong when the halving happened and that is what I really cared about. Everyone was excited about the fact that we are going to have a lot less bitcoin printed everyday and that is cool because you know there will be less bitcoin in the market being sold and that is awesome etc etc.

However I wasn't really sure if bitcoin coding was still standing nice, I mean maybe this halving would create some issues, create some bugs, maybe some hacker would see something right at the block of the halving and get some etc etc, I am not really smart enough to know what could have happened but it was basically a useless fear like 2000 year scared many people about technological stuff which turned out to be nothing, pretty same I think.

[danherbias07]

IMO, it will be bearish at post halving.
Maybe at its first month.
The hype really is not that much. Well, that is normal since we are busy taking care of ourselves so that we won't be infected by the virus.
After this though will be crucial.
It might sway a lot into different prices. Then, we might see the real correction which will take back BTC to 12k-13k.

[Bezobraznike]

Halving is successfully completed. We have seen several moves on price of BTC. What we can expect now? Who will control the market? Bull or bear?

I know the expectations are very high now that the halving has been completed successfully but I do not think that anything is going to happen immediately, it is going to take a few months for the market to feel the smaller supply coming from the miners, but even then I do not really see the market conditions for a bull market to take place, but a bear market is also unlikely so I really expect that this particular year is going to have its ups and downs but it is not going to be anything as impressive as what people want to see.

   South Park, I think it would be better to say some people have high expectations, but not all of us! Like the
last time, FOMO was at peak as the halving day was closer, but now after halving we have a calm situation. The
price didn't react, but that is normal, for me the best thing is that we had a very high price at the moment of
halving, and that can be a great start for any future rise, and that will come, we just need to be patient.

[BrewMaster]

Halving is successfully completed. We have seen several moves on price of BTC. What we can expect now? Who will control the market? Bull or bear?

I know the expectations are very high now that the halving has been completed successfully but I do not think that anything is going to happen immediately, it is going to take a few months for the market to feel the smaller supply coming from the miners, but even then I do not really see the market conditions for a bull market to take place, but a bear market is also unlikely so I really expect that this particular year is going to have its ups and downs but it is not going to be anything as impressive as what people want to see.

   South Park, I think it would be better to say some people have high expectations, but not all of us! Like the
last time, FOMO was at peak as the halving day was closer, but now after halving we have a calm situation. The
price didn't react, but that is normal, for me the best thing is that we had a very high price at the moment of
halving, and that can be a great start for any future rise, and that will come, we just need to be patient.

the mistake that many people made like the previous halving was that they were expecting price to jump up right before the halving and all through the halving.
but this has never been true about any market movements. the rises or falls take place as the news comes out or as the hype shapes up. which was a week or two before the halving and that caused the FOMO and price did go up a lot then had a tiny drop and here we are now.

[smyslov]

Halving is successfully completed. We have seen several moves on price of BTC. What we can expect now? Who will control the market? Bull or bear?

We have a different scenario now, compared to the last two halving,  the world's economy is on halt because of the pandemic, people are on a wait and see attitude but they still trust Cryptocurrency to move forward, we'll have dip followed by correction before we headed to another all time high, but that will be months later.

[JimboToronto]

Because of lockdown & Epidemic period, people are selling theirs bitcoin due to afford theirs daily Expense. That's why bitcoin price got descressed.

Nonsense. Do you really think people are selling bitcoins 20, 50, or 100 at a time to meet their daily expenses?

It's whales and institutional players who move the market.

[Em00n01]

Halving is successfully completed. We have seen several moves on price of BTC. What we can expect now? Who will control the market? Bull or bear?

Because of lockdown & Epidemic period, people are selling theirs bitcoin due to afford theirs daily Expense. That's why bitcoin price got descressed. Although I'm not sure about what will be happened. Maybe 2x after Epidemic period is done 

I'm not agree with you. This could not be the reason behind dump! All stock markets are bleeding due to corona. We are directly or indirectly associated with stock market. This could be the reason.

[milewilda]

Halving is successfully completed. We have seen several moves on price of BTC. What we can expect now? Who will control the market? Bull or bear?

Because of lockdown & Epidemic period, people are selling theirs bitcoin due to afford theirs daily Expense. That's why bitcoin price got descressed. Although I'm not sure about what will be happened. Maybe 2x after Epidemic period is done 

There were sell-offs but it doesnt particular target out that cashing out thing because of Covid.We cant say that the pandemic didnt affect crypto market but i dont see the correlation between the two.
We've seen traditional markets are declining but crypto is still standing.Price movements are typical here on this space which can either be influence by whales or majority that panic sells. We can point
finger but not able to precisely tell on what actually happen.Talking with the price,well it did manage to break 9k price again after that 10k price pullback to 8k..We cant say its a pump but at least
we are seeing gradual increase.

[STT]

So far this week I think bear but it is too soon to say as if we have any conclusion.   Wait till at least this month is over at the earliest, my rough guess was for this year to be neutral in sum total. 



The top prices for today are lower then the previous high in this area.   If we close off the week in such a way then it can demonstrate weakness on more then a short term basis, hence we could have more bearish action play out.  The harder point to discern is to what extent is that negative trend.
  Just after this graph was taken, we crossed the blue line which is the 2 day average and if we stay below that it would mean we trade negatively for this weekend and hence close this week in a lower state.    It still doesnt have to matter if we can get to 11k later in the month and so prove BTC has an ascending trend to it still.   
  We wont really know direction until we break back lower, say closing below 8000 might show this as its the 200 day average.   Watch 9200 as a bottom price to hold, a marker for the may tide.

[mersal]

Still there is no projection on the price rage after the halving, so everyone is in confused state about near future price predictions so still we have to time to make the right analysis and use the market condition for making profits.

[ballerin and giroud]

Halving is successfully completed. We have seen several moves on price of BTC. What we can expect now? Who will control the market? Bull or bear?

I see halving event will not give any impact for bitcoin price movement. The price will remain stagnant and there is no bull or bear market. Unless we get an information which give a lot of impact for the development of bitcoin. I don't know it could be mass adoption from most countries on this world or an information that come from its miners. We already known that to build a mining rig to mine bitcoin is already expansive now, also they must spend a lot of money to pay like electricity and etc which I think ut will be difficult for the miner to stay. They need an income or profit in order to keep their system always on.

[gabbie2010]

Still there is no projection on the price rage after the halving, so everyone is in confused state about near future price predictions so still we have to time to make the right analysis and use the market condition for making profits.

Personally I am not expecting the sudden spike in the price of Bitcoin after halving,  many crypto hodlers had projected a massive pump in the price however there hope is already dashed I expect the price to gradually climb upward with time while patience hodlers will laugh last while taking profits at a given market condition as you rightly said.

[judaspriest]

from my observations so far it seems that after Halving the price of Bitcoin isn't too bad,
even though it had dropped at $ 8500 now Bitcoin is above $ 9,000, a good start for Bitcoin for a new adventure

[South Park]

Halving is successfully completed. We have seen several moves on price of BTC. What we can expect now? Who will control the market? Bull or bear?

We have a different scenario now, compared to the last two halving,  the world's economy is on halt because of the pandemic, people are on a wait and see attitude but they still trust Cryptocurrency to move forward, we'll have dip followed by correction before we headed to another all time high, but that will be months later.

That is the variable that is going to change everything, not long ago the stock market crashed but since then it has recovered itself at an amazing speed, however the real economy is suffering with tens of millions of people being unemployed because of this pandemic which means that the markets will eventually have to go down again if this continues, this means that bitcoin will have problems going up in value as well as retail investors withdraw from this market as they need to use that money to pay for their bills.

[rodskee]

from my observations so far it seems that after Halving the price of Bitcoin isn't too bad,
even though it had dropped at $ 8500 now Bitcoin is above $ 9,000, a good start for Bitcoin for a new adventure

We had an early halving pump happens first day of 2020 so maybe this is also the reason
 as investors being frustrated seeing the big dump happened last
march.but i know this is just a normal effect because there is a economic problem now and
 crypto market is not safe from the Corona virus infections so we
should be expecting no good growth that will come this second and
third quarter of this year.

[Dr.Osh]

Still there is no projection on the price rage after the halving, so everyone is in confused state about near future price predictions so still we have to time to make the right analysis and use the market condition for making profits.

Personally I am not expecting the sudden spike in the price of Bitcoin after halving,  many crypto hodlers had projected a massive pump in the price however there hope is already dashed I expect the price to gradually climb upward with time while patience hodlers will laugh last while taking profits at a given market condition as you rightly said.

I also do not expect sudden increases. in fact, I feel that a slow increase can keep prices stable, as has happened this year. well, we expect high prices after halving occurs, but it seems like it really needs a process. however, the price increase that occurred in the previous year also did not happen suddenly and happened gradually.

[bitgolden]

In my opinion bitcoin market is doing the best as the price doesn't go down unlike the previous halving, because if it does, it's likely going to affect the market and cause miners to drop out and the market will shed extra money. So, I'm really expecting that the market keeps going up here after for next 15 to 18 months.

Although that's not going to happen immediately, it's going to take some time to move up step by step. The price moved up to $10,000 and people thought it would go from there, but instead it dropped back again to $ 9000 price range. Maybe by next week we will see it move up again and break the $10,000 level resistance. Not sure why the psychological barrier around the $10k level is remaining so stronger even after the halving. It shows traders are still expecting bitcoin to test some low but I am sure all those bears will be proved wrong in coming weeks.

[South Park]

In my opinion bitcoin market is doing the best as the price doesn't go down unlike the previous halving, because if it does, it's likely going to affect the market and cause miners to drop out and the market will shed extra money. So, I'm really expecting that the market keeps going up here after for next 15 to 18 months.

Although that's not going to happen immediately, it's going to take some time to move up step by step. The price moved up to $10,000 and people thought it would go from there, but instead it dropped back again to $ 9000 price range. Maybe by next week we will see it move up again and break the $10,000 level resistance. Not sure why the psychological barrier around the $10k level is remaining so stronger even after the halving. It shows traders are still expecting bitcoin to test some low but I am sure all those bears will be proved wrong in coming weeks.

Technically speaking it doesn't really make a lot of sense for psychological barriers to exist, after all no number should be more important than another but we know the truth and 10,000 dollars is a critical level for bitcoin, during the previous year we could argue that almost all the price action that we saw happened around that level, as such it is very likely this is going to keep going to be the case until that barrier is completely broken and bitcoin never goes back to those levels again.