Sandra99 (OP)
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Next Bitcoin Halving can effect crypto market ? price will Pump ?
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hosseinimr93
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When will be the halving? It's impossible to know the exact date of halving. Assuming the next blocks will be mined at the rate of 1 per 10 minutes on average, the halving will be 637,830 minutes later which would be April, 30, 2024.
How will the halving affect bitcoin price? No one knows that.
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The Cryptovator
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February 12, 2023, 06:41:22 PM |
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In April or May 2024, the next Bitcoin halving is expected to take place. In terms of the value, we observe price pumps close to every halving. It would be preferable if you looked into past halving history. Given that there is a greater demand for bitcoin than there is supply, I think the price of the currency could rise significantly as a result of the halving. As a result, there may be a price increase and a bull market for bitcoin.
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February 12, 2023, 07:46:10 PM |
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What happens in all markets is price and market will move in anticipation of known future events. The price now is most often not reflecting just current value but implied growth and expected value 18 months to years ahead from now. So when we talk about halvening, there is an almost physical change to supply on that date but really most of the alteration is in anticipation along with every other speculative fear or hope for BTC vs others assets.
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Jody.Drummer
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February 12, 2023, 08:10:18 PM |
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price will Pump ?
The first question has already been answered by several people and I agree with that due to the possible timing there. For this second question, it's clear that no one knows about it ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) We can only wait, but seeing from several conditions that have occurred, it is indeed possible that it will still be the same as the previous halving. At least that's my hope. But for certainty, it is clear that there is nothing we can know for sure because even if we show that number, it will only be an assumption, not a certainty.
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Stalker22
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February 12, 2023, 09:00:26 PM |
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price will Pump ?
Previous halvings have usually had a positive effect on Bitcoin's price in the long run, but it's hard to say for sure what will happen this time. No one knows for sure, but the math is simple. If demand for bitcoin exceeds the available supply, and the halving reduces the rate at which new bitcoins are being generated, it could lead to upward pressure on the price.
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Adbitco
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February 12, 2023, 09:31:50 PM |
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To me i don't actually think the halving should affects or influenced your plans towards your investment on bitcoin. I have come to draw conclusion about lots of people really looking into that phase of events before they would venture into buying and hold bitcoin. Yes, everyone needs a results in all there investments but doesn't mean we should wait till that very moment before utilizing the opportunity. price will Pump ?
There is every possibilities we would experience something great maybe, bull or bear so either, any of it is possible.
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GeorgeJohn
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February 12, 2023, 09:45:49 PM |
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Next Bitcoin Halving can effect crypto market ? price will Pump ?
It's obvious that it will, but the aspect whereby many people is making a reference of 2024 as the next halving of cryptocurrency and especially bitcoin, from my view Bitcoin can possibly experience it's next pumping in 2024 and their is every tendency that Bitcoin can fail not to experience such on this people speculated year precise.
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Minecache
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February 13, 2023, 02:22:29 AM |
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Next Bitcoin Halving can effect crypto market ? price will Pump ?
In the past, the market would enter an uptrend, bitcoin would rise and create a new ATH after the halving, but to talk about the future no one has a crystal ball to know in advance, it may or may not be. What we can expect is history will repeat, and bitcoin prices will hit new ATH. That is all we can predict. If bitcoin is not pumped after the halving, history does not repeat itself, we do not need to worry too much. Because just looking at the growth of bitcoin and the market, it is sure that in the future, bitcoin will continue to increase in price, the main factor affecting the price of bitcoin is still supply and demand.
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mk4
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February 13, 2023, 03:09:00 AM |
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Here's the historical data; feel free to make your own conclusions. Note: price patterns doesn't always follow past price patterns, so don't make conclusions solely off this information.
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OgNasty
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February 13, 2023, 04:52:42 AM |
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Next Bitcoin Halving can effect crypto market ? price will Pump ?
I think it’s likely the price will pump leading up to the halving before correcting on a ‘buy the rumor sell the news’ style price action. I even think this pump may have already begun. However, I think any correction following the halving will be short lived and ultimately be the last chance to get in before a new supply/demand reality is priced in and BTC goes moonward.
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adaseb
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February 13, 2023, 04:57:58 AM |
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Is the sell pressure from miners even significant these days? During the first or second halving it made a difference. Sure it was lower price but back then crypto had a much smaller market cap.
Now we have a very small miner fee and it getting capped by half again won’t make much difference really. Whether there is a pump or not can be purely coincidenal. Doesn’t mean we need to follow past trends.
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kotajikikox
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February 13, 2023, 05:15:54 AM |
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Next Bitcoin Halving can effect crypto market ? price will Pump ?
the first answer is a complete details mate . No one knows if the price will pump or dump in halving time , but the effect may take longer and that would be assuming to be increasing as what each 4 year cycle brings. if I were you? be ready for Holding before it happens and continue holding at least for the next 6 months to 1 year to taste the fruit.
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Mr. Magkaisa
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February 13, 2023, 05:28:21 AM |
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Next Bitcoin Halving can effect crypto market ? price will Pump ?
- Do you think there is even one member here on the forum who can answer your question about exactly when this will happen? I hope you do your research before you post something like that. Most people know that Bitcoin is volatile unless you don't know it, so it's no wonder why you asked this question. All I know is that most people believe that Bitcoin halving will happen in the year 2024, but there is no definite exact date or month it will happen even in 2024 we still don't know of course.
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February 13, 2023, 08:19:37 AM |
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How will the halving affect bitcoin price? No one knows that.
In the first, second and third halving, what followed but in months were bull run. This is the logic, because the first, second and third were bull market, the fourth would most likely be of bull run too. I am expecting bitcoin to reach all-time-high by 2024 and 2025, we should keep on holding and continue to DCA when the price of bitcoin is still low now.
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savetheFORUM
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February 13, 2023, 09:53:23 AM |
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In April or May 2024, the next Bitcoin halving is expected to take place. In terms of the value, we observe price pumps close to every halving. It would be preferable if you looked into past halving history. Given that there is a greater demand for bitcoin than there is supply, I think the price of the currency could rise significantly as a result of the halving. As a result, there may be a price increase and a bull market for bitcoin.
There are some posts or articles that say that it will come in the month of March. Ah I guess, the exact halving date is really unpredictable due to undefined gap between block generation in bitcoin network. The pump that we see right now or during the time we approach the halving date may not be totally related to the halving itself but maybe this is only the effect of the people's excitement. You know many of them are now stacking coins even harder but let's hope we won't lose this momentum even after the halving event. May we not end up like what happened to Eth last time where its value also pumped before the merge but after it, the increase didn't continued anymore.
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KingsDen
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February 13, 2023, 10:43:28 AM |
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How will the halving affect bitcoin price? No one knows that.
Even if no one knows what will happen to bitcoin after the halving but there is a general notation that bitcoin will enter into the bull run. That assumption is right because previous bull runs that happened all came with a price increase, I don't think that this would be a difference. Well, I was also scared about halving uncertainties, that is the reason I created a thread - My greatest gear about halving. As I was advised in the thread, we shouldn't allow halving to bother us so much
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Baofeng
Legendary
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Activity: 2716
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February 13, 2023, 10:47:14 AM |
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Next Bitcoin Halving can effect crypto market ? price will Pump ?
Probably it's between last week of April to 1st week of May. If we can based on past history, yes, usually bitcoin halving is the final catalyst for a bitcoin bull run. How big it is? we really don't know. Conservative estimates put it at around $100k at least, so you do that match. Last all time high is more than $60k and there are also numbers being thrown that the next ATH will be 2x or 2.5x of the previous run in 2021.
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Wexnident
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February 13, 2023, 10:58:08 AM |
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I only know it's around 2024, not sure about the month. Well, I'm mostly waiting on the period after the halving, those periods were mostly the times when the price pumped and not exactly before or at the halving itself. Still a wait-and-see though, even if the market hasn't shown us a drop after the halving before, it's never an impossibility. Naturally, I'm more hopeful that it pumps by then, but you can never really say with absolute certainty. Even with the pump though, I reckon we won't see insane jumps like before, maybe at most double of the price then.
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sana54210
Legendary
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February 13, 2023, 07:45:30 PM |
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How will the halving affect bitcoin price? No one knows that.
Per history, halving does not trigger any bull market but we may assume it will trigger only after few months. The gap in the last two halving was around 6 months but we can take that in another perspective also. I mean halving do happens on its own time but bitcoin market waits for year-end or a new year to get into a bullish trend. If you notice, a negative news may not impact bitcoin market in bullish trend but in bearish conditions, it will do. Similarly, halving happens but its impact will be visible only when bitcoin market enters into bullish trend. Coincidence or not, US election and a new tenure of a president is also happening along with halving which is having impact on bitcoin market over the time as well.
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