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Author Topic: Next Bitcoin Halving in 2024 & Price prediction?  (Read 232 times)
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April 04, 2021, 09:33:22 PM
 #21

if we assume the same cycle continues and price reaches $500k then the bubble burst has to be 80% too and it has to drop down to $100k and by the time halving is reached it has to be up to $300k.

so the answer by extrapolating data is $300k
I do like these predictions and i have no idea how the market will be next year, the difference here is that we should expect regulations by the time of next halving and if the government plan of implementing higher taxation on cryptocurrency investment then you cannot expect institutional investors pumping the market like we see this time. So it is difficult to predict how the market will be in a few years from now but one thing is certain that the market will be higher than the base price before the halving  Grin.


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The institutional investors are the propellers and only time will tell how much steam they will be having pumping the markets.

 
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April 04, 2021, 09:36:37 PM
 #22

When Newton said these quotes he never thought his laws will be violated as anything that is propelled can break these rules especially rockets  Tongue.

The institutional investors are here to reap the profit and they are pumping the markets for a long time and i do agree that it does not stay like that for a long time but there are other business investments as well during the past few months, especially by PayPal as they started allowing customers to purchase the coins they need to hold the coins as reserves even though the customers are not allowed to withdraw.

So it simply means that the customers will only be able to buy/sell their coins inside PayPal and no withdrawals will be allowed, right? Then how are they actually helping out crypto and especially BTC here? And even rockets, when burn out due to too much higher temperature and blast (crashes) in the sky, it still falls down.  Grin Cool

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April 04, 2021, 09:44:20 PM
 #23

Well, perhaps it's too early to predict this thing but as you can see from the first halving into the third one, the price was always having a new ATH and could possibly by the next 4th halving bitcoin double the price compared to this new ATH now. But as we always know that no one can predict the price, it is better to sit and relax if you have been full your bag yet and wake up your wallet right after the 4th halving, there is no correct price prediction but for sure the price will always rise at the end. However, the good thing is even though we are at the beginning of 4th halving but as we can see there are too many investors, institutional or even individual large investors.









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April 04, 2021, 09:50:15 PM
 #24

What will the Bitcoin price be at next halving after 2024? Can you guys share your opinion?  [/color][/b]
It's hard to say or know what the exact price of the Bitcoin market will be in the next halving because the cryptocurrency experience another form of trend in this current halving which lead to the institutional investors investing in Bitcoin and if the market correction is yet to happen or this bullish market is over we cant know what the price of the next halving market will be.
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April 04, 2021, 10:59:43 PM
 #25



In the 2024 halving, the reward will drop from 6.25 BTC per block to 3.125 BTC.


What will the Bitcoin price be at next halving after 2024? Can you guys share your opinion?  

No one knows on what would happen.We are still 3 years far before that event happens and we didnt even anticipate nor expect on what happened as of this year.

For sure peoples views would be always on the positive side which i cant really blame that on.I do even thought on that last halving happened where it didnt really make out some significant impact
because long months passed it hadnt made out any movement but this isnt solely depending on that even because if we do try to check out.
All of news and events that happened on that time was actually basing off with adoption news which did really spark out the entire market.

Halving impression is just a part but not totally the factor or the reason that made up the market rise up this high.

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April 04, 2021, 11:13:22 PM
 #26

The distance to the Bitcoin halving in 2024 is still quite far, so there can still be many big things that can affect the price of Bitcoin. It is very
difficult to predict the price of Bitcoin in 2024 with accuracy, but now there are quite a number of factors that make Bitcoin price soar.
So I can only guess based on Bitcoin price movements this year, Bitcoin prices should reach $ 200k-$ 300k on the Bitcoin halving in 2024
based on my predictions.

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April 04, 2021, 11:47:25 PM
 #27

I will not be expecting anything less than 500k per Bitcoin in the year 2024 if this momentum should continue. It is no doubt that institution are trooping in and we can see the evidence in the price action

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April 05, 2021, 10:02:28 AM
 #28

There is no proof of causal relationship between Bitcoin halving and the price going up.
IMHO, there always been a relationship when bitcoin halves and the result of it always going to make bitcoin's price increase. Miners reward are becoming lesser and that makes it the cost of mining higher and its difficulty. The quantity of the reward is lesser whilst the price of it should go up.

And that has been seen for the past years and last year's halving should have been taken effect this year but it seems that the expected sudden price increase had happened earlier.
It's not about quantum of reward it's about the flow of supply of btc. There are a lot of articles which have focused on finding btc value using stock to flow model. This price increases sort of match with the thesis of that model.
Yes, I know about the stock to flow model but the biggest factor of that model includes bitcoin halving or every 210,000 blocks it halves.

The reward that I'm talking about is for the miners, each block that they're getting right now will be cut into half every estimated four years or 210,000 blocks.

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April 05, 2021, 10:29:48 AM
 #29

What will the Bitcoin price be at next halving after 2024? Can you guys share your opinion?
Isn't it too early to speculate about 2024's halving? Because, we are not yet done with 2020's halving and its bull run. Moreover 2024's price levels will be purely depend on where the current bull run launches the bitcoin markets.

In rough estimation by the observation of previous halving and ATHs, we can expect bitcoin prices to test $100k/$200k/$400 by end of this year and then from that ATH we can expect another 10x to 20x growth by 2025 (after 2024's halving). So, next halving may launch bitcoin prices into million dollar levels which may be higher than $2 million levels also.

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April 05, 2021, 02:24:08 PM
 #30

Think we'll see perhaps $400k on the next halving. Steady price gains from here as a super cycle plays out for the next 5-10 years.
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April 05, 2021, 03:29:59 PM
 #31

I will not be expecting anything less than 500k per Bitcoin in the year 2024 if this momentum should continue. It is no doubt that institution are trooping in and we can see the evidence in the price action
Speculatively, if the bitcoin cycle don't experience a brake then we can be rest assured that what you speculated is likely to be achieve. In another way, investors should be the determinant of what happens next to bitcoin price in future, so, we can't just wake up and start discussion bitcoin price when the halving still be more far and anothing can happen. I could speculate $500k+ if the current momentum are sustain.

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April 05, 2021, 04:06:36 PM
 #32

Think we'll see perhaps $400k on the next halving. Steady price gains from here as a super cycle plays out for the next 5-10 years.
Wow, Shocked what a great price.

Each halving is a very much awaited moment but is it true whether the price will be above hundreds of thousands of dollars more stable?
I also thought about how the price of bitcoin after 2024 might fly even further and as an asset at its highest in terms of property value.

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April 05, 2021, 06:50:41 PM
 #33

Isn't it too early to speculate about 2024's halving? Because, we are not yet done with 2020's halving and its bull run. Moreover 2024's price levels will be purely depend on where the current bull run launches the bitcoin markets.

In rough estimation by the observation of previous halving and ATHs, we can expect bitcoin prices to test $100k/$200k/$400 by end of this year and then from that ATH we can expect another 10x to 20x growth by 2025 (after 2024's halving). So, next halving may launch bitcoin prices into million dollar levels which may be higher than $2 million levels also.
It is definitely waaaay to early to talk about 2024. Some people are long term and that is why there is talks about 2024 already, that and 2025 after that will be 10x higher than this as expectations, but of course we do not know where we will be at in the middle. For example nobody knows what 2022 will be like, maybe by that time somewhere along 2022 we will drop back to 20k prices?

Or maybe 30k at best, that would mean that we dropped a lot and that is why having another 10x by 2024 will be possible, 200k to 300k by 2025 is not impossible. That is why people started to talk about it already, not everyone is a day trader so they are doing the best they can with this, and that is why it is not going to be easy to actually let this topic go by until 2023 last quarter and resurface, people will talk about it and they have always talked about few years down the road.
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April 05, 2021, 08:28:12 PM
 #34

Think we'll see perhaps $400k on the next halving. Steady price gains from here as a super cycle plays out for the next 5-10 years.
Wow, Shocked what a great price.

Each halving is a very much awaited moment but is it true whether the price will be above hundreds of thousands of dollars more stable?
I also thought about how the price of bitcoin after 2024 might fly even further and as an asset at its highest in terms of property value.

Yeah, imagine by 2024 after the halving, the price is around that numbers. So for sure, majority are very excited. But we have to take into considerations a lot of thing in the future. This is all speculation and we really don't know if this will happen. Although majority are really very positive about it, we can't be sure of that. So we must prepare for every possible scenario, and the best thing to do is wait and then hold or at least have some in our wallet and don't sell everything until 2024.

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April 05, 2021, 09:06:33 PM
 #35


What will the Bitcoin price be at next halving after 2024? Can you guys share your opinion?  [/color][/b]

I guess nobody could make some reasonable prediction at this early. We're still far from 2024 and the price predictions depends on how well or how bad does Bitcoin price moves on 2023. One thing is for sure, Bitcoin has constantly moving forward, nobody knows how big or how small a price increase every year passed.
Bitcoin halving is a hype for a everyone who has been in crypto space for quite a long time. So, I guess the price prediction after the 4th halving might be up by 20%-40%  higher than the price before the 4th halving occurs.

R


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April 05, 2021, 09:45:29 PM
 #36

Actually rather than think about 1/2ing moves I rather know if BTC replaces gold as a long term storage of value.

Gold = 7-11 trillion
BTC = 1-1.2 trillion


There is a lot of money/wealth shift possible.

If the world decides BTC is in and gold is out
those numbers could become

Gold 3 trillion
BTC 12 trillion in under 10 years.

This pulls us out of the so called ½ ing cycles.

A lot rests on Musk and NASA and the golden asteroid.

https://techiesmagazine.com/nasa-hired-elon-musk-launch-mission-to-giant-gold-asteroid

To me this is the biggest if of BTC the 2024 1/2ing will happen barring a crazy ass disaster. But does gold become as common as copper?

That is a huge if I would love to know how I should play this if.

since I kind of know how to play the 2024 ½ ing. 

Same as I played the 2020 the 2016 the 2012.

 Mine on and hodl some of the mined coin

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April 05, 2021, 11:01:36 PM
 #37


What will the Bitcoin price be at next halving after 2024? Can you guys share your opinion?  [/color][/b]

I guess nobody could make some reasonable prediction at this early. We're still far from 2024 and the price predictions depends on how well or how bad does Bitcoin price moves on 2023. One thing is for sure, Bitcoin has constantly moving forward, nobody knows how big or how small a price increase every year passed.
Bitcoin halving is a hype for a everyone who has been in crypto space for quite a long time. So, I guess the price prediction after the 4th halving might be up by 20%-40%  higher than the price before the 4th halving occurs.

Yeah right its hard to point a figure so lets expect to get a unaccurate data about this but its still fun to discuss this since many expect that we can possibly get a good blow at that time since if we based on the past we can really see that there's a good price increase happening when halving cames so best to keep looking forward in future as we have good adoption happened.

R


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April 05, 2021, 11:23:53 PM
 #38

I think it's better to just focus on this year 2021 because I think this year so important for cryptocurrency, but also I think there is no problem discuss it that will happen 3 years later. I don't know what will happens if halving comes, the price will go up or down, but 1 year after halving the price will pumping massively, so buy before halving and hold it for 1 year and you will earn big profits
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April 05, 2021, 11:48:46 PM
 #39

2024 will be the halving.

Assuming we get to 200k this cycle.
Bitcoins next bear market will bring it down to 33k
Then the halving will be slightly more than 2x, approximately 70k
The ATL to ATH is about 100x increase (162 to 19k)

That puts us somewhere in the range of 3M in 2025/2026 but I’ll go 1.5M to be on the safe side...

Bitcoin is like a box of chocolates. You never know what you're gonna get !!
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