Bitcoin after 3rd Halving prediction

[slapper]

Well, I dont believe in this prediction at all. $100k is a nonsense. There is no clue. How can this media give such a useless number like this.

Talking about bitcoin, it is definitely well-known as one of the strongest asset. The current momentum creates a new hype to many investors and media manipulate the situation so as to create a new FOMO. Veteran traders like me understand the circumstances well. Technical analysis and fundamental analysis support the rise of bitcoin. But $100k is bullshit. The higher the price of bitcoin is, the more possible the next crash will be. And if another crash occurs, many will lose their fate in bitcoin.

A smart investors trust his intuitive without being distraced by any out source information. Are you smart enough to be a part of this game ?

[1715060104]

1715060104

[TopT3ns]

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.

I think there is nothing wrong if traders have hopes of making their haggard rise and of course at this time the price of bitcoin is very high, but I believe the hope of other traders who want to make bitcoin prices create a new All Time High which can provide pleasure for many traders.

[Genemind]

It's difficult to speculate the future of bitcoin price, but since the past halving had brought a lot of bitcoin demand and increased its price exponentially many believe in the parabolic cycle and the effect of halving to crypto price. It may not be the price that most have predicted, it would be great if it will grow more in the future. I would say we are not yet on the peak of mass adaptation of crypto and crypto is still continuously growing, the development and fresh projects and ideas that attract more and more investors may help lead BTC to reach the price what most people predict.

[Ridcan]

The small money supplies will increase the globality of bitcoin.  However, the probability of realization of predicted values ​​is very low.  It is very unlikely that we will see $ 41,000.  I hope everything will be as you said.

[el kaka22]

People always said that halving wouldn't create this huge bump right on the day, everyone said it would take 6-18 months to go up and it actually did take barely 6 months and it suddenly started to go up like crazy. It is very important to focus on the fact that bitcoin is on a big hype right now, was this created by the halving affect or was this something else I wouldn't know.

However I know that even if it was due to halving affect, it wouldn't be all because of that, it would impact the first start of the bull run but the rest would probably be a snowball affect that increase in price and go very high from there. I hope that as long as we are around here in price level, we do not drop, that is the scariest thought because market may not handle another big crash to $3k as well as last time and this time it may take even more years to recover.

[Nhor1011]

People always said that halving wouldn't create this huge bump right on the day, everyone said it would take 6-18 months to go up and it actually did take barely 6 months and it suddenly started to go up like crazy. It is very important to focus on the fact that bitcoin is on a big hype right now, was this created by the halving affect or was this something else I wouldn't know.

However I know that even if it was due to halving affect, it wouldn't be all because of that, it would impact the first start of the bull run but the rest would probably be a snowball affect that increase in price and go very high from there. I hope that as long as we are around here in price level, we do not drop, that is the scariest thought because market may not handle another big crash to $3k as well as last time and this time it may take even more years to recover.

If ever the bitcoin market would have another big crash, I will not hesitate to buy even more and hold even it takes years again before it will recover. This current bull run bring a lot of investors and as the demands increasing, the value also increasing even more. Bitcoin has a strong foundation and I believe even it will crash again since it was volatile, it will also recover again. Just cycle.

[vaultman]

In my opinion, the price of bitcoin will never rise so quickly. I think that in the near future the price will gradually grow up to 25 thousand dollars, and then there will be stagnation and the price will stay in the region of 25 thousand for a long time until some important event occurs that will give an opportunity to rise in price again.

[shoreno]

In my opinion, the price of bitcoin will never rise so quickly.

how can you explain the recent event that happen to bitcoin . where its value jump from small to big in a shorter amount of time . bitcoin is a coin where impossible can turn into possible because of its supporters that are have now growned alot  . they can be passive all the time but if they decide to pump things up they can do it .

I think that in the near future the price will gradually grow up to 25 thousand dollars, and then there will be stagnation and the price will stay in the region of 25 thousand for a long time until some important event occurs that will give an opportunity to rise in price again.

btc to 25k dollars didnt happened yet but we are close to that level  . if we see it takes over 10 years till we almost reach this level so i agree with what you said . we can reach another 25k in the future and that sums up as btc to 50k and then 25k again on another session . rest that you said are also true about the stagnation and rise due to important events.

[ultrloa]

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

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

This is huge and I'm far for believing that we will reach this far but anyways bitcoins is known for surprising people and hopefully we can reach that numbers since I think we will go to another level of adoption and acceptance once this things happen since I'm sure Bitcoin will be known on business world.

[so98nn]

It is just marvellous to note that every halving give out upward tangent to any historical progress. I think the next one and the last halving would be crazy enough to multiply the bitcoin price largely. I believe right word would be exponentially!

Just look at the OP's graph, the analysis can't be false for the third time. Im so much excited for the next halving since it will be marvellous one and the grand finale for the bitcoin users. One would go crazy at those market cap. Who knows it might just surpass the current economical situation itself.

Along the way it will have many new users and thus adding fresh investments into it. Can't wait for BTC to take a nice dip and buy more coins.  

[davinchi]

Whoever it is that wrote the analysis are they trying to say that the price is not going to go down at all, and will just continue going up until their predicted $381,000? How sure are we that this is going to happen, isn’t this one of those crazy predictions we normally see when the price of bitcoin is on the rise like this?

It’s just like those people that were predicting $500,000 and above that before but it all never happened.

People are usually fond of this, once they notice a little growth they start going crazy. I will agree with the $41,000, but as for the rest, I am not so sure, let’s get to December first.

[BrewMaster]

as long as you don't buy bitcoin during the bubble, you will always make profit from bitcoin in both short term and long term. buying during the bubble will eventually get you the profit but it will take longer. for example anyone who bought before the 2017 bubble has been in profit for 90% of the past 3 years.

speaking of halving we are now seeing the effects of halving. despite what most people kept saying before halving, the real effects always come after the halving like right now. when we have more adoption like the Paypal news that means the price rise will be even bigger using the halving's 50% reduction in block rewards.

[disconnectme]

I can say the market is just seeing the impact of the last halving event and if the demand from these high network people is true then Bitcoin rally is just getting start, the new BTC coin entering the market is not enough for them to buy, the only minus in this cycle is the level of uncertainty in the world now, if we have all these Vaccines approved and people can go on with their normal life 2021 would be an amazing year for BTC holders

[Princejebs]

Just prediction and predictions. This upside move prove nothing about bitcoin halving.
Allow me to ask you, what will you speak of bitcoin price if PayPal never announced their adoption on July and this November? On top that, they increased each user cap from $10k to $20k.
Today, there was another news about second richest man in Mexico Ricardo Salinas allocated 10% of his wealth to bitcoin. People are realizing how important Bitcoin is and not as crazy it went last bull run without even knowing what bitcoin is all about.
The right adoption of Bitcoin will increases it price no matter what, skip that your model and halving.

[Ayiranorea]

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).

In terms of money supply Bitcoin stands far from the top countries of the world. The prediction might also be made with comparison of Bitcoin reaching the level of money supply. Even we aren't able to make a precise prediction of price for the next minute. We're in a Market that can get changed to any direction in no time, and it isn't like stocks or forex.

Every price movement prediction is made keeping the early growth as the reference. We need to be clear, when the market grows high and high, the market mature itself. This keeps the market tyo be stable overcoming volatility and not much high values as predicted.

[AndySt]

I can say the market is just seeing the impact of the last halving event and if the demand from these high network people is true then Bitcoin rally is just getting start, the new BTC coin entering the market is not enough for them to buy, the only minus in this cycle is the level of uncertainty in the world now, if we have all these Vaccines approved and people can go on with their normal life 2021 would be an amazing year for BTC holders

Depending on what will be amazing in 2021, let's hope not in the degree of correction of the exchange rate value of bitcoin Because the previous time in the next year, after an incredible rise in prices, nothing like this did not please, but rather disappointed, and this disappointment lasted for several years, giving rise to talk about a bubble. Of course, halfing is also partly responsible for the current momentum, but I would personally prefer a normal stable price increase for several years than an amazing rise and then an equally amazing fall.

[BuNga_cute]

I learned from two Bitcoin halvings that happened before, which have always succeeded in making Bitcoin prices to the moon.
That's why before the third Bitcoin halving happened, I had already bought Bitcoin. And sure enough, the prediction of Bitcoin
going to the moon is getting closer to reality, after the Bitcoin price has now managed to reach $ 17,800. But the prediction in
the opening post that the price of Bitcoin by the end of this year will reach $ 41,000 I doubt it. Because the price difference is
too far from the current Bitcoin price, based on my prediction, it is likely that the end of the year Bitcoin will only reach a price
of $ 20,000.

[lixer]

It's difficult to speculate the future of bitcoin price, but since the past halving had brought a lot of bitcoin demand and increased its price exponentially many believe in the parabolic cycle and the effect of halving to crypto price. It may not be the price that most have predicted, it would be great if it will grow more in the future. I would say we are not yet on the peak of mass adaptation of crypto and crypto is still continuously growing, the development and fresh projects and ideas that attract more and more investors may help lead BTC to reach the price what most people predict.

Actually halving means that the reward for miners will be reduced to half which directly influences the demand and supply because miners are expected to sell their mined bitcoins and if they are not getting enough coins they cannot have enough for the demand in market and hence the price is obviously expected to rise for Bitcoins.

The small money supplies will increase the globality of bitcoin.  However, the probability of realization of predicted values ​​is very low.  It is very unlikely that we will see $ 41,000.  I hope everything will be as you said.

I don't ride on such predictions either but it creates a positive feeling when people are being so positive in the forum and actually I was hoping the price reaches 20k so when I see talks of 41k and so on, I feel like 20k is surely doable.

[Oasisman]

Well, I dont believe in this prediction at all. $100k is a nonsense. There is no clue. How can this media give such a useless number like this.

Do we have clue when Btc reached $20,000 in 2017? I have read a lot of speculations from blogs, crypto related articles, and even in this community before that Bitcoin will be reaching $10,000 just before December of 2017 ends.
This isn't the only media that's giving such kind of prediction range, there are actually a lot of articles and all kinds of speculations circulating around the crypto space.

Predictions like this will somehow boost the market sentiments that will influence Btc's price in a positive way.
Fear not the crash, because that's kinda normal when people starts selling their Btc.

[doomloop]

I am not an expert and please correct me if I am wrong. I tried to search and found that the next halving will happen in 2024 and why are we talking about it already I do not understand. Yes the price will be bonkers by time we reach the next halving but I don't think the price changes much after halving like this time we all thought the price might rise a lot after halving but actually it didn't change much right after halving happened.

I have big expectations from the Bitcoins I hold in the coming year 2021 but that said I prepare myself for the worst and if good happens it only boost my morale and profits.