Bitcoin Forum
June 24, 2024, 09:59:37 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: [1] 2 3  All
  Print  
Author Topic: Bitcoin after 3rd Halving prediction  (Read 380 times)
notblox1 (OP)
Legendary
*
Offline Offline

Activity: 2100
Merit: 1285


Logo Designer ⛨ BSFL Division1


View Profile WWW
November 17, 2020, 02:14:14 PM
 #1


source:ecoinometrics.com

People who purchased Bitcoin before halving made nice profits and looks like we are just starting if we look at prediction from ecoinometrics.

Dec 31, 2020: $41,000
Apr 18, 2021: $100,000
May 12, 2021: $387,000

This looks very nice, but remember to be fearful when others are greedy like Warren Buffett would say Wink

Bitcoin is however still very small compared to all other national currencies or gold, and there is lot of room for growth especially after helicopter money printing in 2020.
With market cap of around $300 billions Bitcoin is 3 times smaller than money supply of South Korea, 10 times smaller than money supply of the UK, and 30 times smaller than money supply of China.


source:ecoinometrics.com


██
██
██
██
██
██
██
██
██
██
██
██
██
... LIVECASINO.io    Play Live Games with up to 20% cashback!...██
██
██
██
██
██
██
██
██
██
██
██
██
sheenshane
Legendary
*
Offline Offline

Activity: 2450
Merit: 1228



View Profile WWW
November 17, 2020, 04:04:43 PM
 #2

We had been witnessed the 1st and 2nd halving, so this is expected that there is a pump happen on the 3rd halving.

James Todaro head researcher of Tradeblock is correct when he is mentioned that after the halving the price may increase around $12k to $15k which we are currently experiencing now.  In fact, for some reasons which I'm not really sure we were able to go beyond it. Looking forward to May 12, 2021, where Bitcoin's price will pump to $387,000 I'm hesitant to claim that this will come true though global adoption is faster than what we are expecting but still a lot of factors or obstacles that may hinder us to achieve this prediction.

Therefore, it is always worth holding Bitcoin in a long run.
Ozero
Full Member
***
Offline Offline

Activity: 2086
Merit: 180


View Profile
November 17, 2020, 05:22:08 PM
 #3

We had been witnessed the 1st and 2nd halving, so this is expected that there is a pump happen on the 3rd halving.

James Todaro head researcher of Tradeblock is correct when he is mentioned that after the halving the price may increase around $12k to $15k which we are currently experiencing now.  In fact, for some reasons which I'm not really sure we were able to go beyond it. Looking forward to May 12, 2021, where Bitcoin's price will pump to $387,000 I'm hesitant to claim that this will come true though global adoption is faster than what we are expecting but still a lot of factors or obstacles that may hinder us to achieve this prediction.

Therefore, it is always worth holding Bitcoin in a long run.
I do not think that these predictions will come true completely, but I would like them to come true at least half.  And the main thing is not so high a price as the long-term retention of bitcoin at these price positions.  I would hate to see a sharp drop in prices and years of a bear market again after the expected high price rise in bitcoin.
atjiat
Full Member
***
Offline Offline

Activity: 1204
Merit: 104


View Profile WWW
November 17, 2020, 05:41:19 PM
 #4

We had been witnessed the 1st and 2nd halving, so this is expected that there is a pump happen on the 3rd halving.

James Todaro head researcher of Tradeblock is correct when he is mentioned that after the halving the price may increase around $12k to $15k which we are currently experiencing now.  In fact, for some reasons which I'm not really sure we were able to go beyond it. Looking forward to May 12, 2021, where Bitcoin's price will pump to $387,000 I'm hesitant to claim that this will come true though global adoption is faster than what we are expecting but still a lot of factors or obstacles that may hinder us to achieve this prediction.

Therefore, it is always worth holding Bitcoin in a long run.
I do not think that these predictions will come true completely, but I would like them to come true at least half.  And the main thing is not so high a price as the long-term retention of bitcoin at these price positions.  I would hate to see a sharp drop in prices and years of a bear market again after the expected high price rise in bitcoin.
Based on historical halving performance over the past years, it is quite possible to assume such (as mentioned above) rate of growth of the Bitcoin exchange rate in the next year. In addition, it is necessary to take into account the large-scale increase in the capitalization of bitcoin in recent years, which is quite possible by the end of this year, the capitalization will double. This indicates a significant increase in investment in bitcoin, which will definitely lead to a massive increase in prices.
mersal
Member
**
Offline Offline

Activity: 1204
Merit: 38


View Profile
November 17, 2020, 05:44:00 PM
 #5

We may not see that much increase like $100k or more until end of 2021 because we all know what happened when Bitcoin reached $20k in 2017, we will see more people dumping their coins once they made enough profits and waiting for their next turn which will trigger the oanic button so in my opinion there is another correction waiting once we reaches new all time high.
enhu
Legendary
*
Offline Offline

Activity: 2492
Merit: 1018


View Profile
November 17, 2020, 05:55:04 PM
 #6

We may not see that much increase like $100k or more until end of 2021 because we all know what happened when Bitcoin reached $20k in 2017, we will see more people dumping their coins once they made enough profits and waiting for their next turn which will trigger the oanic button so in my opinion there is another correction waiting once we reaches new all time high.

Will there be another long crypto winter?

It's likely to happen. There is just more fud that will sprout soon. I don't think good and facebook will just start banning ads again, it already worked the last time. But there could be a different banning or regulation or sanctions that will cause the bear market.  I hope to be ready to dump for USDT.

██████████ BitcoinCleanUp.comDebunking Bitcoin's Energy Use ██████████
██████████                Twitter#EndTheFUD                 ██████████
usekevin
Hero Member
*****
Offline Offline

Activity: 2240
Merit: 562


View Profile
November 17, 2020, 06:17:22 PM
 #7

We may not see that much increase like $100k or more until end of 2021 because we all know what happened when Bitcoin reached $20k in 2017, we will see more people dumping their coins once they made enough profits and waiting for their next turn which will trigger the oanic button so in my opinion there is another correction waiting once we reaches new all time high.

Now the price of bitcoin moving towards 20k$,which happened in 2017.Thinkers keep saying,the history repeat.Now the price is moving towards 18,000$.This is right time to hold the bitcoin ,instead of selling by seeing a small pump in bitcoin price.Many people losing some dollars by the panic selling all the time.
mersal
Member
**
Offline Offline

Activity: 1204
Merit: 38


View Profile
November 17, 2020, 06:20:57 PM
 #8

We may not see that much increase like $100k or more until end of 2021 because we all know what happened when Bitcoin reached $20k in 2017, we will see more people dumping their coins once they made enough profits and waiting for their next turn which will trigger the oanic button so in my opinion there is another correction waiting once we reaches new all time high.

Will there be another long crypto winter?

It's likely to happen. There is just more fud that will sprout soon. I don't think good and facebook will just start banning ads again, it already worked the last time. But there could be a different banning or regulation or sanctions that will cause the bear market.  I hope to be ready to dump for USDT.
Facebook banning crypto ads didn't really caused the price to fell in 2018, it was just the natural thing when people see prices dumping they are also going to dump it from serious loss which is going to be result in panic selling. But this time we are going to see the next level ATH so $20K maynot be in the region who is going to be dump this time.
CarnagexD
Sr. Member
****
Offline Offline

Activity: 1498
Merit: 374


Leading Crypto Sports Betting & Casino Platform


View Profile
November 17, 2020, 11:34:50 PM
 #9

You forgot to take into account bitcoin's high volatility rate. I understand that at this point it may look so negligible already but the whales can do whatever they can in order to jack the price. I see you are having great visions regarding bitcoin and I hate to be the one to burst your bubble but we may need to wait a few more years before bitcoin even reaches the 100000 mark. A lot of people thought of this last 2018 only t be disappointed in the end. Nevertheless still a nice chart with a pretty much based predicrion.

█▀▀▀▀▀











█▄▄▄▄▄
.
Stake.com
▀▀▀▀▀█











▄▄▄▄▄█
   ▄████████████████████████████████████▄
   ██ ▄▄▄▄▄▄▄▄▄▄            ▄▄▄▄▄▄▄▄▄▄ ██  ▄████▄
   ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██  ██████
   ██ ██████████ ██      ██ ██████████ ██   ▀██▀
   ██ ██      ██ ██████  ██ ██      ██ ██    ██
   ██ ██████  ██ █████  ███ ██████  ██ ████▄ ██
   ██ █████  ███ ████  ████ █████  ███ ████████
   ██ ████  ████ ██████████ ████  ████ ████▀
   ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██
   ██            ▀▀▀▀▀▀▀▀▀▀            ██ 
   ▀█████████▀ ▄████████████▄ ▀█████████▀
  ▄▄▄▄▄▄▄▄▄▄▄▄███  ██  ██  ███▄▄▄▄▄▄▄▄▄▄▄▄
 ██████████████████████████████████████████
▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄
█  ▄▀▄             █▀▀█▀▄▄
█  █▀█             █  ▐  ▐▌
█       ▄██▄       █  ▌  █
█     ▄██████▄     █  ▌ ▐▌
█    ██████████    █ ▐  █
█   ▐██████████▌   █ ▐ ▐▌
█    ▀▀██████▀▀    █ ▌ █
█     ▄▄▄██▄▄▄     █ ▌▐▌
█                  █▐ █
█                  █▐▐▌
█                  █▐█
▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█
▄▄█████████▄▄
▄██▀▀▀▀█████▀▀▀▀██▄
▄█▀       ▐█▌       ▀█▄
██         ▐█▌         ██
████▄     ▄█████▄     ▄████
████████▄███████████▄████████
███▀    █████████████    ▀███
██       ███████████       ██
▀█▄       █████████       ▄█▀
▀█▄    ▄██▀▀▀▀▀▀▀██▄  ▄▄▄█▀
▀███████         ███████▀
▀█████▄       ▄█████▀
▀▀▀███▄▄▄███▀▀▀
█▀▀▀▀▀











█▄▄▄▄▄
.
PLAY NOW
▀▀▀▀▀█











▄▄▄▄▄█
crwth
Copper Member
Legendary
*
Offline Offline

Activity: 2800
Merit: 1268


Try Gunbot for a month go to -> https://gunbot.ph


View Profile WWW
November 17, 2020, 11:40:32 PM
 #10

You know that it's all predictions, right? No one can understand what could happen in the future, but it's all possibilities based on the previous price action of the said asset. In this case, it's BTC-USD. Many traders and speculators are charting it that it's possible to reach 300k in 2021, just like the analysts in Citibank.

Additionally, considering the market cap, Bitcoin has room to grow, for sure.

███████████████████████████
███████▄████████████▄██████
████████▄████████▄████████
███▀█████▀▄███▄▀█████▀███
█████▀█▀▄██▀▀▀██▄▀█▀█████
███████▄███████████▄███████
███████████████████████████
███████▀███████████▀███████
████▄██▄▀██▄▄▄██▀▄██▄████
████▄████▄▀███▀▄████▄████
██▄███▀▀█▀██████▀█▀███▄███
██▀█▀████████████████▀█▀███
███████████████████████████
.
.Duelbits.
..........UNLEASH..........
THE ULTIMATE
GAMING EXPERIENCE
DUELBITS
FANTASY
SPORTS
████▄▄█████▄▄
░▄████
███████████▄
▐███
███████████████▄
███
████████████████
███
████████████████▌
███
██████████████████
████████████████▀▀▀
███████████████▌
███████████████▌
████████████████
████████████████
████████████████
████▀▀███████▀▀
.
▬▬
VS
▬▬
████▄▄▄█████▄▄▄
░▄████████████████▄
▐██████████████████▄
████████████████████
████████████████████▌
█████████████████████
███████████████████
███████████████▌
███████████████▌
████████████████
████████████████
████████████████
████▀▀███████▀▀
/// PLAY FOR  FREE  ///
WIN FOR REAL
..PLAY NOW..
inoes
Sr. Member
****
Offline Offline

Activity: 1316
Merit: 254


United Crowd


View Profile WWW
November 17, 2020, 11:43:43 PM
 #11

I think Bitcoin is experiencing a bit of a lag in terms of price increases. from the post havling month of May and now in November, it was recorded that almost ½ year bitcoin started to be bullish. The hike started from the adoption by Paypal and until now the rise in bitcoin prices was driven by the launch of CME Group's bitcoin futures contract on Sunday.

Dogeum.io
████████████████████████████
████████████████████████████
████████████████████████████
████████████████▀▀▀█████████
██████ ▀██████▀      ▄██████
██████▄   ▀▀▀        ███████
██████▄             ▄███████
███████▄           ▄████████
██████▀▀▀        ▄██████████
███████▄▄     ▄▄████████████
████████████████████████████
████████████████████████████
████████████████████████████
████████████████████████████
████████████████████████████
████████████████████████████
█████████████████▀▀  ███████
█████████████▀▀      ███████
█████████▀▀   ▄▄     ███████
█████▀▀    ▄█▀▀     ████████
█████████ █▀        ████████
█████████ █ ▄███▄   ████████
██████████████████▄▄████████
████████████████████████████
████████████████████████████
████████████████████████████
████
██
██
██
██
██
██
██
██
██
██
██
████

████
██
██
██
██
██
██
██
██
██
██
██
████
Lanatsa
Hero Member
*****
Offline Offline

Activity: 2870
Merit: 657



View Profile
November 17, 2020, 11:44:09 PM
 #12

You know that it's all predictions, right? No one can understand what could happen in the future, but it's all possibilities based on the previous price action of the said asset. In this case, it's BTC-USD. Many traders and speculators are charting it that it's possible to reach 300k in 2021, just like the analysts in Citibank.

Additionally, considering the market cap, Bitcoin has room to grow, for sure.
Not really that much of a fan on believing into those technical aspects when price do talk about 6 digits like 100k or even on that 300k in 2021 which is really too much literally but
I do agree that there still lots of room for btc to grow.

For now its just too early to talk about the next halving yet we are anticipating that much on that previous post-halving effect and this might be the time or in next. No one really knows!

But it isn't bad to make up presumptions basing into those TA's but always take some realistic measure before making any investment decisions.

R


▀▀▀▀▀▀▀██████▄▄
████████████████
▀▀▀▀█████▀▀▀█████
████████▌███▐████
▄▄▄▄█████▄▄▄█████
████████████████
▄▄▄▄▄▄▄██████▀▀
LLBIT|
4,000+ GAMES
███████████████████
██████████▀▄▀▀▀████
████████▀▄▀██░░░███
██████▀▄███▄▀█▄▄▄██
███▀▀▀▀▀▀█▀▀▀▀▀▀███
██░░░░░░░░█░░░░░░██
██▄░░░░░░░█░░░░░▄██
███▄░░░░▄█▄▄▄▄▄████
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
█████████
▀████████
░░▀██████
░░░░▀████
░░░░░░███
▄░░░░░███
▀█▄▄▄████
░░▀▀█████
▀▀▀▀▀▀▀▀▀
█████████
░░░▀▀████
██▄▄▀░███
█░░█▄░░██
░████▀▀██
█░░█▀░░██
██▀▀▄░███
░░░▄▄████
▀▀▀▀▀▀▀▀▀
|
██░░░░░░░░░░░░░░░░░░░░░░██
▀█▄░▄▄░░░░░░░░░░░░▄▄░▄█▀
▄▄███░░░░░░░░░░░░░░███▄▄
▀░▀▄▀▄░░░░░▄▄░░░░░▄▀▄▀░▀
▄▄▄▄▄▀▀▄▄▀▀▄▄▄▄▄
█░▄▄▄██████▄▄▄░█
█░▀▀████████▀▀░█
█░█▀▄▄▄▄▄▄▄▄██░█
█░█▀████████░█
█░█░██████░█
▀▄▀▄███▀▄▀
▄▀▄
▀▄▄▄▄▀▄▀▄
██▀░░░░░░░░▀██
||.
▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄
░▀▄░▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄░▄▀
███▀▄▀█████████████████▀▄▀
█████▀▄░▄▄▄▄▄███░▄▄▄▄▄▄▀
███████▀▄▀██████░█▄▄▄▄▄▄▄▄
█████████▀▄▄░███▄▄▄▄▄▄░▄▀
███████████░███████▀▄▀
███████████░██▀▄▄▄▄▀
███████████░▀▄▀
████████████▄▀
███████████
▄▄███████▄▄
▄████▀▀▀▀▀▀▀████▄
▄███▀▄▄███████▄▄▀███▄
▄██▀▄█▀▀▀█████▀▀▀█▄▀██▄
▄██▄██████▀████░███▄██▄
███░████████▀██░████░███
███░████░█▄████▀░████░███
███░████░███▄████████░███
▀██▄▀███░█████▄█████▀▄██▀
▀██▄▀█▄▄▄██████▄██▀▄██▀
▀███▄▀▀███████▀▀▄███▀
▀████▄▄▄▄▄▄▄████▀
▀▀███████▀▀
OFFICIAL PARTNERSHIP
FAZE CLAN
SSC NAPOLI
|
CyberKuro
Hero Member
*****
Offline Offline

Activity: 798
Merit: 506


View Profile
November 18, 2020, 12:00:01 AM
 #13

One year after halving, bitcoin always hit a new all-time high, the history may repeat again in the next year. However, $387k seems too much pump from this point, even there are many predictions regarding bitcoin could reach $100k at the end of 2021 still too far away and uncertain at this stance. If bitcoin manages to break $20k by the end of this month and reach $30k by the end of December, the next target is $50k-100k in 2021.
DrG
Legendary
*
Offline Offline

Activity: 2086
Merit: 1035


View Profile
November 18, 2020, 01:24:46 AM
 #14

Halving simply results in scarcity for those who instantly liquidate the BTC into fiat. Considering that BTC was suppressed earlier this year there was probably less liquidation and now with a 5x price increase more people selling to stockpile fiat. Any "believers" in BTC would have bought at $3k.

The halvening only adds to the news cycle and doesn't really factor into anything other than long term profit/loss calculations for miners trying to predict mining difficulty.
In the silence
Sr. Member
****
Offline Offline

Activity: 1293
Merit: 294


''Vincit qui se vincit''


View Profile
November 18, 2020, 01:27:42 AM
 #15

This speculations started from 2nd halving and if BTC repeats its movements from 2016 to 2017, this is highly possible. But for now, all these are mere speculations.
LogitechMouse
Legendary
*
Offline Offline

Activity: 2478
Merit: 1038


casinosblockchain.io


View Profile WWW
November 18, 2020, 02:08:58 AM
 #16

Dec 31, 2020: $41,000
Apr 18, 2021: $100,000
May 12, 2021: $387,000
$41,000 by the end of this year isn't that realistic for me and the succeeding prediction isn't as realistic as it is right now.
How in the hell will Bitcoin jump from around $17,000-$18,000 to around $41,000 in just a month and 2 weeks at most?

This looks very nice, but remember to be fearful when others are greedy like Warren Buffett would say Wink
Yes it looks very nice to see but in the end, it is just a prediction and anybody can predict its price. That prediction isn't realistic though and yes I agree with what Buffet said that is why I'm not doing any move right now. Many are greedy right now and afraid to be late in the ride while me, I'm just siting here watching the market movement and waiting for a consolidation to happen Smiley.

manfredmann
Member
**
Offline Offline

Activity: 518
Merit: 21


View Profile WWW
November 18, 2020, 02:57:41 AM
 #17

Meaning that base on prediction bitcoin will going strong. It could be possible but we can't really predict the possible things that happen in the future with bitcoin.

Anyway, I think all bitcoin holders will going to love this to happen. Of course, who does not want to earn more in their investment and get the chance to get rich quickly with the unexpected turn out of investment? Anyway, let's get to the real thing that market price prediction is way too hyip and I think there is really no big basis for this to happen.
meanwords
Full Member
***
Offline Offline

Activity: 1624
Merit: 163


View Profile
November 18, 2020, 06:57:50 AM
 #18

Looking at the current year and the chart, you can already see that their prediction is way off the current market situation so I really doubt that we will get something like they stated there, or at least something close. It's just another one of those predictions so I hope don't take this seriously. Anyway, I hope people don't get their expectations too high.
bittick
Hero Member
*****
Offline Offline

Activity: 2296
Merit: 506


Cryptocasino.com


View Profile
November 18, 2020, 07:22:04 AM
 #19

Sometimes I wonder if halving really make any difference at all other than placebo effect. The rise of bitcoin price might aswell affected by other cause that makes more sense than a halving which essentially just cuts down the reward for each block solved. It's not like by cutting down that bitcoin will be more scarce or the total supply in the market decreasing. In my opinion halving might just have little impact to the price overall and to be frankly honest seeing that graph bitcoin has always been going up in the long run ever since it was first introduced. so, hard to say it's because of halving.

mu_enrico
Copper Member
Legendary
*
Offline Offline

Activity: 2366
Merit: 2155


Slots Enthusiast & Expert


View Profile WWW
November 18, 2020, 07:30:02 AM
 #20

1. That shaded area is too wide to be taken seriously.
2. Predicting the future is like looking at the front window. You will crash if you drive by looking at the rear-view mirror.

However, if many people believe the price will pump, it will (called a self-fulfilling prophecy).

███████████████████████
████████████████████
██████████████████
████████████████████
███▀▀▀█████████████████
███▄▄▄█████████████████
██████████████████████
██████████████████████
███████████████████████
█████████████████████
███████████████████
███████████████
████████████████████████
███████████████████████████
███████████████████████████
███████████████████████████
█████████▀▀██▀██▀▀█████████
█████████████▄█████████████
███████████████████████
████████████████████████
████████████▄█▄█████████
████████▀▀███████████
██████████████████
▀███████████████████▀
▀███████████████▀
█████████████████████████
O F F I C I A L   P A R T N E R S
▬▬▬▬▬▬▬▬▬▬
ASTON VILLA FC
BURNLEY FC
BK8?.
..PLAY NOW..
Pages: [1] 2 3  All
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!