Bitcoin after 3rd Halving prediction

[CODE200]

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.

I'm interested with what have you read regarding the next halving.
I'm not also sure of the occurrence of halving but one thing is for sure, this year is about to make and give something to this industry and there is a huge tendency. Also, huge expectations on every halving are being created due to what happened in the past. Halving is believed to be the reason of the previous ATH. Whether you believe the "big thing" would happen this year or next year, bottomline is no certainty of how things will occur given the nature of volatility.

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[Spaffin]

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.

I'm interested with what have you read regarding the next halving.
I'm not also sure of the occurrence of halving but one thing is for sure, this year is about to make and give something to this industry and there is a huge tendency. Also, huge expectations on every halving are being created due to what happened in the past. Halving is believed to be the reason of the previous ATH. Whether you believe the "big thing" would happen this year or next year, bottomline is no certainty of how things will occur given the nature of volatility.

I believe that in this situation it is necessary to take into account not only the halving events of 2020, but also all the circumstances that occur in the world, including the pandemic and the economic crisis, as well as the depreciation of fiat currencies and the decline in stock market indicators. One way or another, Bitcoin capitalization is growing and this once again confirms the fact that a large number of investment funds are migrating to the cryptocurrency market.

[redsun114]

Lol I guess what they are trying to say there is something that will happen after the fourth halving, cause man $400k is unbelievable and may 2021? They may be right or maybe not, it’s not every charts that are accurate, since the market can’t really be predicted. What can I say? I will just keep watching and see where this leads us to.

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.

Correct, but they shouldn’t forget that they should be careful. The price is high, but there is to an extent it will reach and I will sell part of my profit and then leave the rest and see where the market goes next. If you’re not careful and keep believing whatever you see, you’re going to lose. That’s why it’s good to know analysis so that when you see these charts, you go through them and know whether they are right or not.

[tabas]

I'm keeping that in mind about fear and greed. It's fearful to see others having those predictions but that doesn't mean that it is impossible to reach those prices.
We're very near to 2021 and to wait for those prices are exciting but there's a possibility that the opposite could come although, I don't wish for it.

[Kemarit]

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.

And many of us predicting that the price will be along the $16,000 at the end of the year, and look at where we stand right now. So I will say that we are not yet in the bull run for this year, but maybe we can hit $20,000, but six digits in May 2021? I'm not seeing that the price will likely pump that high.

Again, this is wild and educated guess, so there's nothing wrong with it. The problem is that there are individuals who believed every prediction they see and then they are disappointed with the price didn't hit. So it's better not to exaggeration this predictions and just see how the market will flow or react to circumstances.

[barbara44]

This new 380k+ thing became a meme at this point. First it was citibank I think? I am not sure but someone from financial world said it, then it was all over social media and now everyone everywhere talks about how bitcoin is going to 380k. One thing people forget that it takes a lot more money to go there than go from 1k to 20k, you could literally go from 1 dollar per bitcoin to 20k dollar per bitcoin with less money than going from 300k to 380k.

It may look like the % is much much smaller but in reality % doesn't matter when we are talking about tens of billions of dollars worth of difference. Obviously it is not going to be simple to reach to 20k neither, there is only 2k left and even that is a challenge because we may drop before that, or may reach it, but 380k is not like that, it is nearly impossible.

[ChrisPop]

You can't make an informed decision based on only 2 iterations aka two halvings. If we had tremendous growth during the first two of the halvings it doesn't mean anything from a statistic point of view. As I said there are not enough "events".

However halving the Bitcoin block reward is a great catalyst for growth - basically the supply flow is cut in half. (the cost to produce 1 BTC more or less is doubling). We still have a lot to go until the 3rd halving.

My opinion is that Bitcoin has the capability to shock the world once it breaks past ATH and enters price discovery mode.

[jaysabi]

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.

Most likely because the price appreciation has very little to do with the halvings at this point and are about the level of institutional adoption. People keep trying to force the explanation onto the halving because the halving is predictable and people want to believe that they can profit off of it because of that. In reality, the price appreciation is caused by the level of adoption, which is not predictable.

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.

Optimism is fine until it's ridiculous. Whoever's taking bets, I'm coming in hard on the under on this one.  If bitcoin is at even 1/10th of this on May 12, 2021, I'll be extremely surprised.

[notblox1]

If we compare with November of 2020 and today we can see that we are following the trend after 3rd Bitcoin Halving and there is potential for much higher values in this bullrun.
Currently hovering around $60k but it would not be strange if we see over $100k this year, and even $200k or $300k would be market top for this year.


source:ecoinometrics.com

[Twentyonepaylots]

This is quite possible, especially when we consider the fact that as of late, bitcoin's not showing any signs of dumping, even after reaching the $50k mark. I honestly believe that by the end of this year, it could very much reach at least 300k provided that the halving commences before the resistance becomes too weak, this will then spark a whole new can of worms in the crypto world and of course a tidal wave of FOMOs who are very regretful of not buying anything when bitcoin is relatively cheaper.

[palle11]

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.

Comparing this wave of bitcoin price action and what it was before 2017 and during 2017 year down to 2020 before the current bull isn't the same. Remember more hodlers are now in the market.

Are you saying people are not already dumping ? but because a lot of hodlers are in and sucking off the bear pressure and price keep moving higher. Just last week, it came down to $53k and bear predictions floaded the thread here. Is it now climbing higher to $59k and above, all to show that the terrain not the sane now.

[sapnu]

Looks like the 3rd halving prediction was right. As of the moment, bitcoin's value went dow hard due to the current issues it is facing but that can also be because the halving was meant to happen and will happen no matter what. Maybe at this point of time, bitcoin would not be able to reach the $100k mark but maybe after this halving, we can expect the best for bitcoin so let us just wait patiently and don't stop believing on bitcoin's potential that is yet to show up. Those who chose to doubt will surely regret as we all gain much benefit from holding our bitcoin.

[paxmao]

looking at the halvings trend, the next one will probably not have such a great impact as the ones before. There is plenty of bitcoin used just a reserve and there is little movement versus the minimal also production. To move the price beyond 100k requires a huge influx of money and even hodlers cannot hodl forever if they see that what they bough for 1000 is now worth 10 life´s of hard work and a generational wealth opportunity that will go beyond their own lives.

My guess is that wall street funds getting in bitcoin will also add further volatility, as stocks investors do not quite understand how bitcoin works in terms of price and demand.

[Mauser]

looking at the halvings trend, the next one will probably not have such a great impact as the ones before. There is plenty of bitcoin used just a reserve and there is little movement versus the minimal also production. To move the price beyond 100k requires a huge influx of money and even hodlers cannot hodl forever if they see that what they bough for 1000 is now worth 10 life´s of hard work and a generational wealth opportunity that will go beyond their own lives.

My guess is that wall street funds getting in bitcoin will also add further volatility, as stocks investors do not quite understand how bitcoin works in terms of price and demand.

I remember last year optimistic predictions said that we could reach 100,000 USD by the end of this year. This was before Elon Musk and China declared war on bitcoin. Somehow I still think that we could reach this target, it just might take a little longer. If we can go up to 100k after the next halving it would be awesome. If we all keep our coins and buy more instead of selling it would be awesome.

[sana54210]

I remember last year optimistic predictions said that we could reach 100,000 USD by the end of this year. This was before Elon Musk and China declared war on bitcoin. Somehow I still think that we could reach this target, it just might take a little longer. If we can go up to 100k after the next halving it would be awesome. If we all keep our coins and buy more instead of selling it would be awesome.

I agree, it really looks like something that we could potentially reach if we just recover and get back on the horse. We are not that much far away from it, we are at 40k right now and that means like a 2.5 times increase and bitcoin does that type of increases a ton of the time. Do not consider how much more money it will be required to go there, as long as there is lack of sales, that means people will keep on buying the same amount in dollars but get less bitcoins yet that's what it matters.

So, if people spend 100 million dollars a day on buying and 100 million dollars on selling to break even, we do not need 1 billion dollars buying to reach those levels, we need 50 million dollars sold to reach those levels, if we have a bit more buy and also bit less sell then both together become a huge increase in the end. It's not hard, we just need to want it.

[mamahdedeh]

looking at the halvings trend, the next one will probably not have such a great impact as the ones before. There is plenty of bitcoin used just a reserve and there is little movement versus the minimal also production. To move the price beyond 100k requires a huge influx of money and even hodlers cannot hodl forever if they see that what they bough for 1000 is now worth 10 life´s of hard work and a generational wealth opportunity that will go beyond their own lives.

My guess is that wall street funds getting in bitcoin will also add further volatility, as stocks investors do not quite understand how bitcoin works in terms of price and demand.

I remember last year optimistic predictions said that we could reach 100,000 USD by the end of this year. This was before Elon Musk and China declared war on bitcoin. Somehow I still think that we could reach this target, it just might take a little longer. If we can go up to 100k after the next halving it would be awesome. If we all keep our coins and buy more instead of selling it would be awesome.

before Ellon's statement that came out of bitcoin and China statement, maybe we seemed very confident that bitcoin would reach $ 100000, but it turned out that the market said differently, the price experienced a saturation point and a correction. but we are sure that after the correction it will certainly create a new high

[Xinarae*]

Looking at halving's trend it is difficult to predict how much the price of bitcoin will go up. Usually the price of bitcoin rises and falls according to elon musk the price of bitcoin is likely to rise but the demand for it has decreased a lot but there is nothing to be disappointed about the market is being corrected again it is going to come if the price increases this time it will be doubled. Most of the world's financial institutions are leaning towards bitcoin as an asset.

[iamsheikhadil]

I was very pessimistic about this second halving and thought it might not really have any impact on the price of Bitcoin and wow, I was dead wrong, Bitcoin and other crypto created new ATH and Bitcoin is so close to hit six figures $ and I wish I could go back in time lmao so, now for third halving, I am optimistic, maybe it can reach $500k or even more. Nothing seems impossible anymore

[Kong Hey Pakboy]

Seems to me that the predictions of the prices have gone wrong with a very large margin, I think that those numbers are going to be possible on the next halving though, that I am positive that it will happen, the predictions didn't factor FUDs and the adoption speed.

[Ucy]

looking at the halvings trend, the next one will probably not have such a great impact as the ones before. There is plenty of bitcoin used just a reserve and there is little movement versus the minimal also production. To move the price beyond 100k requires a huge influx of money and even hodlers cannot hodl forever if they see that what they bough for 1000 is now worth 10 life´s of hard work and a generational wealth opportunity that will go beyond their own lives.

My guess is that wall street funds getting in bitcoin will also add further volatility, as stocks investors do not quite understand how bitcoin works in terms of price and demand.

Part of the problems is unsustainable price growth. There has to be stable contributors to the price growth. Wish the community could  factor this into their price growth metrics and that could help direct real investors where to safely invest their fund long-term. Bitcoin remains the safest as far as I can tell... hopefully there is also proper platforms where funds can be safely used p2p in manner.
 Extreme price volatility will be minimized when people start putting most of their coins into good use rather always looking for quick gains.

 I hope people start focusing on real investors rather than gamblers(big risk takers) or those those will help push the price extremely high up. The price increase has to be from stable/long-term investors.