2024 Bitcoin Halving - What are Your Expectations!!!

[Ahli38]

Even if you look at the current economic condition, which is in the midst of a very severe economic crisis on a global scale. and that made it difficult for bitcoin to recover from a long bear market. because even all investment sectors experienced a prolonged decline due to increasingly severe inflation.
but I still hope and feel optimistic in the next bullrun Bitcoin will break its new ATH record. And I still think this bear market is an opportunity to continue to collect even if little by little.

[yazher]

^^This is a nice one! Yes, it is expected that somewhere around 2024 Bitcoin Halving the price will start going up, but looking at the Bitcoin yearly trend we can expect the beginning of the process sooner than in a year. And why not? If you can afford holding your BTC for years, why don't buy BTC at $20k instead of buying at $40k a few months later, even though buying at $40k is a pretty good deal too?

I think it's really better to start buying right now even if it's not that high because when you plan to hold your BTC for so long or just when another bull run takes place, you will look for a better place and nothing can be the current timing of the market today because of its hard battle to cross the $30k mark again and you may as well consider to not wait for it to cross to save a lot of money and earn as much as you can when the desired time will come. Bull runs always comes after the bitcoin halves and it has never been missed once since the start of this crypto history.

[samuraijin]

Like clockwork:

^^This is a nice one! Yes, it is expected that somewhere around 2024 Bitcoin Halving the price will start going up, but looking at the Bitcoin yearly trend we can expect the beginning of the process sooner than in a year. And why not? If you can afford holding your BTC for years, why don't buy BTC at $20k instead of buying at $40k a few months later, even though buying at $40k is a pretty good deal too?

This is what is called a 4 year cycle, everyone will wait for the Halving moment, and certainly will expect a lot with growth in all markets, even though we are in a bear market right now, here is my hope that in the coming year there will be no downturn in the world economic system,  because many large countries have been affected by the downturn in a very chaotic economic system, many companies are experiencing losses and not to mention the impact of the current inflation, demanding that all countries raise prices for the necessities of life, at least in the upcoming Halving in 2023 at least  The growth in the crypto market is not affected by the problems that are being talked about in all foreign media.

[pawanjain]

So dear colleagues, What are your expectations? other than price increase  
*Do you expect to see widespread adoption and acceptance?
*More involvement from big companies?
*More popular?
*Increase number of users?
*Any other.......

1. Currently bitcoin is adopted by ElSalvador and Namibia and I think the adoption is growing.
But we cannot really say that in the next 2 years the adoption will drastically increase. It will take its time.

2. Yes, I think more companies will be involved with crypto. Now that there are rumors that google will accept crypto for its cloud services.
May be this will encourage other companies to accept crypto as well.

3. Ofcourse

4. Need a bull run for increase in number of users.

5. I think bitcoin halving will be a major event to trigger the next bull run.

[YOSHIE]

So dear colleagues, What are your expectations? other than price increase

Halving is one of the most awaited moments by Bitcoin users, especially investors, investments and so on, of course they have a lot of hope for the Bitcoin Halving.

Many crypto users were waiting for the Bitcoin Halving to happen, unfortunately, they were completely empty when it happened, not a few Bitcoin users just regretted what they saw and happened.

Me personally if the Bitcoin Halving happens in 2024, I just want to have hope there is a change for myself and I don't expect a failure to happen like the Halving that happened in the year that has happened, that's all I hope for, despite all that you havesay.

[Mr.right85]

I see based on the above history which you made an 150 days approximate that it will go further up and that cannot be stopped in any way.However to make a better comparison it is this one I am going to make below:

Halve of 2012
Price of 1.5 year later end of 2013 1100 dollar from a really low one

Halve of 2016
Price 1.5 year later we had the massive first all time high in December 2017 at 20.000 dollars

Halve of 2020
Price 1.5 year later we had another the biggest all time high in October 2021 at near 68.000 dollars

Based on history now after that halve I expect a huge new all time high.

The comparison I hoped to see and find more appropriate to the thread in contrast to the data set presented by OP although accurate. The all time highs after each consecutive 4 years intervals for halving to happen is where eyes and minds are set.

Having that in mind, after the 2020 halving, we saw bitcoin rallied to $68k ATH from a previous price at $20k ATH in 2016. That's about $48k in difference and I think, if bitcoin could do that, it would reach and break the previous ATH ($68) and leave another ATH at $100k by the end of 2024.

$100k has been an expectation for bitcoin before we did hit the bear market.  It remains an expectation still and could be archived after the halving.

[_BlackStar]

Having that in mind, after the 2020 halving, we saw bitcoin rallied to $68k ATH from a previous price at $20k ATH in 2016.

A slight correction, the previous ATH occurred in 2017 and it was around December.

$100k has been an expectation for bitcoin before we did hit the bear market.  It remains an expectation still and could be archived after the halving.

Well we have to be aware and have to stay realistic that there is no guarantee about $100K after the 2024 halving. It's just a hope that may not come true especially if the world economic conditions get bad. I can't expect that $100K ATH to happen between 2024-2025, there has to be something big happening there including an influx of institutional investors and more adoption. Optimistic of course, but be wise.

[bitbollo]

We are living in a historical moment with a lot uncertainties and it is really difficult to make estimates on bitcoin and its price.
Nowadays the key aspect is the security that this technology offers as a p2p payment.
SN created this algorithm for just this purpose ... "chancellor on brink of second bailout for banks ..."
Sooner or later, if this technology works with this precision ... the price will skyrocket.
I do not know when. I hope to be there though.

[cryptosize]

Having that in mind, after the 2020 halving, we saw bitcoin rallied to $68k ATH from a previous price at $20k ATH in 2016.

A slight correction, the previous ATH occurred in 2017 and it was around December.

$100k has been an expectation for bitcoin before we did hit the bear market.  It remains an expectation still and could be archived after the halving.

Well we have to be aware and have to stay realistic that there is no guarantee about $100K after the 2024 halving. It's just a hope that may not come true especially if the world economic conditions get bad. I can't expect that $100K ATH to happen between 2024-2025, there has to be something big happening there including an influx of institutional investors and more adoption. Optimistic of course, but be wise.

Climate change mitigation measures/green energy (costing many trillions of dollars), China invading Taiwan, USD no longer the global reserve currency, hyperinflation kicking in and potentially hyperbitcoinization...

These events will happen around 2025, just in time for the next bull run.

[rojan]

Even if you look at the current economic condition, which is in the midst of a very severe economic crisis on a global scale. and that made it difficult for bitcoin to recover from a long bear market. because even all investment sectors experienced a prolonged decline due to increasingly severe inflation.
but I still hope and feel optimistic in the next bullrun Bitcoin will break its new ATH record. And I still think this bear market is an opportunity to continue to collect even if little by little.

I think there are two types of investors are in crypto market. One is always too worried about the market and some are investing in crypto without any tension. One difference between these two types of traders is that they are afraid to buy when the market is bearish, while those who take advantage of the bearish period with courage, have many times more profit. Because those investors believe that Bitcoin will go up today or tomorrow. Bitcoin's current condition is bad but it will break all its records by 2024 and set a new record.

I also bought bitcoin with that hope.  I think Bitcoin price may rise again next year.  Invested in Bitcoin with that hope.  But there will be a little problem if the price of Bitcoin does not increase next year.  Maybe I have to sell my bitcoins at a loss.  But I expect the Bitcoin price to rise in the coming year.  This whole year Bitcoin price has gone through dumping.

[DeathAngel]

The lead up to & shortly after the halving is usually a non event. The trolls come out, saying it’s priced in & bitcoin won’t go up. Then 6-12 months after the halving, the reduction in newly mined coins starts to take effect. We see a supply shock & we start to power into a bull run. I expect fireworks before end of 2025. The halving is always the first catalyst but it takes time to really ignite.

[Bitstar_coin]

We are living in a historical moment with a lot uncertainties and it is really difficult to make estimates on bitcoin and its price.
Nowadays the key aspect is the security that this technology offers as a p2p payment.
SN created this algorithm for just this purpose ... "chancellor on brink of second bailout for banks ..."
Sooner or later, if this technology works with this precision ... the price will skyrocket.
I do not know when. I hope to be there though.

Most especially the recent economic downturn will make people to move away from their familiar territory to other sectors that feel will be useful and the crypto sector seem to be the better option. Btc has proven to be trusted, reliable and can cross all borders to serve users, which is even more impressive and attract new users. The technology is already working and fully ready to be used, it is now up to people to recognize its importance to solve some of the financial issues.   

[Abiky]

Looking at how it went in the past and how Bitcoin has gained a lot of users, adoption/acceptance is going to be much higher in the next period and up to the next halving. And since Bitcoin is growing older, many more people are interested and accepting it as a profitable asset, so I think we will have a lot of new investors who will want to profit on the expected price pump around the halving.

On the note of the price speculation, I wouldn't really speculate a number since we don't know how will the market hold until the halving. A price increase is inevitable, but we don't know what the current price of that period will even be, it might even be less than expected. Of course, fingers crossed for a huge ATH

While the halving will reduce the amount of Bitcoins that can be mined, it certainly won't have an effect over the cryptocurrency's price in the short term. It's likely network fees will skyrocket as people interact with Bitcoin like crazy during the first months of the halving. I don't think the global economy will recover by 2024, especially when 2023 will lead us into a huge recession. If the economy doesn't recover by 2024, don't expect Bitcoin or any other cryptocurrency to reach a new All-time-high in price.

It's likely BTC will bounce all the way to $40k by the time the block reward is cut in half. Long-term speaking, it should be able to become more valuable depending on the world's economic situation. Many things could happen by 2024, so let's hope for the best. Just my thoughts

[dansus021]

like the other said the bitcoin price touch new ath and that the time to sell some of bitcoin enjoy profit after crypto winter and this maybe is gonna be huge ATH since the economic maybe already going to full recovery

[Don Pedro Dinero]

I'll be "old" then, but 100k BTC should be the new conservative hmm?

I think 100,000 for the next cycle, and going over that price is a reasonable and conservative bet. For the cycle after that, I am not sure, as it will depend, among other things, on what the maximum of the next cycle will be. If the maximum is 120,000, I don't think we will reach 200,000 in the next cycle. The price will probably be close enough without breaking it.

6 digits easily...

Some people are even more bullish:

https://twitter.com/stackhodler/status/1469038294591754240

Awaken from your slumber and allow me to correct you. Some people were even more bullish.

That prediction is from December last year, when everyone was giving a lot of bullish predictions that have not come true. Even Michael Saylor was giving predictions like that one and now he has become a bear.

[CryptoHeadlineNews]

The next bitcoin halving is less than two years, to me, this period will be different because, for the first time, I really am paying attention to important aspects of btc and keeping myself updated as well.
I can't really say much about previous halving other than just reading about them (probably because I was not holding btc) but now is different because I have been accumulating in every little way I can.

So dear colleagues, What are your expectations? other than price increase
*Do you expect to see widespread adoption and acceptance?
*More involvement from big companies?
*More popular?
*Increase number of users?
*Any other.......

For me, i strongly believe there will be a massive increase in the price of Bitcoin just after the 2024 new Bitcoin halving,  which will equally lead to more countries adopting it as a legal tender, just as El Salvador and the Central African Republic did last year when the price of Bitcoin rose to above $50,000 per BTC, because the reason why we haven't heard more countries talking about Bitcoin is as a result of the recent economic global crash which affected the whole world due to Russia's war against Ukraine. But things are getting better now, and hopefully we looking at Bitcoin hitting the $100k per BTC benchmark come 2024

[cryptosize]

Awaken from your slumber and allow me to correct you. Some people were even more bullish.

That prediction is from December last year, when everyone was giving a lot of bullish predictions that have not come true. Even Michael Saylor was giving predictions like that one and now he has become a bear.

No, you seem to be in some kind of slumber.

Did you read the WHOLE tweet?

That guy predicted the Ukraine invasion, EU energy crisis, 20% inflation etc. Back in 2021. And yet, you didn't even comment on it.

Read it again...

[buwaytress]

I'll be "old" then, but 100k BTC should be the new conservative hmm?

I think 100,000 for the next cycle, and going over that price is a reasonable and conservative bet. For the cycle after that, I am not sure, as it will depend, among other things, on what the maximum of the next cycle will be. If the maximum is 120,000, I don't think we will reach 200,000 in the next cycle. The price will probably be close enough without breaking it.

Conservative yes, but with an equally conservative timeframe (that's no sooner than 2025 for me). And yeah, we're already learning a lot from this cycle, some past wisdoms already negated (price cannot go below a previous cycle's ATH being the one sticking out for me) but the next cycle might clue us in on whether shrinking patterns of lower volatility and narrower amplitudes will still hold true.

[Anonylz]

Awaken from your slumber and allow me to correct you. Some people were even more bullish.

That prediction is from December last year, when everyone was giving a lot of bullish predictions that have not come true. Even Michael Saylor was giving predictions like that one and now he has become a bear.

No, you seem to be in some kind of slumber.

Did you read the WHOLE tweet?

That guy predicted the Ukraine invasion, EU energy crisis, 20% inflation etc. Back in 2021. And yet, you didn't even comment on it.

Read it again...

If that post is as original as it was posted without any editing functions, I would say whoever it is has a crystal ball since almost all that is on that list has occurred, but then again it is hard to trust things like this as it is very easy for people this days to edit stuff. But the btc prediction though is quite high if you ask me, even if such a prediction can happen, it will certainly be for the very long term.

[Fatunad]

I hope for widespread adoption and dismissal of the usual criticisms (energy, money laundering and other illegal activities, etc.) but I doubt that will happen by 2024. It will probably become another crazy year for bitcoin and other cryptocurrencies. Insane pumps/dumps from recently launched projects, more news on regulations, and bans.

Obviously, the market is not ready yet for these positive events as I’m expecting more roller coaster price moves for bitcoin the following year. Though there are always positive effects in every bitcoin halving, but i guess that will only be temporary. Bitcoin will still experience price drops every now and then, not only because of its volatility, but also because the market might still stay being bearish the whole year of 2024.

Expect the unexpected as always specially that we are dealing on an unpredictable market whether the upcoming halving would give out some huge impact or not into its current price but looking at on the history
then we can't really blame people on being optimistic which we are really that expecting that theres really some possible ath situation to be seen.We are all hoping for some significant price increase
whenever halving event do happen but we shouldnt really be making yourself that too expecting so that you wont get disappointed if ever the market
wont makes some huge movement on where you are expecting into.