Bitcoin Halving only 1 year away

[bakasabo]

Dont expect much from halving. Miracle wont happen, Bitcoin price wont change significantly. It might even wont change at all, or we could only have a hype few days before it, followed by a pump and dump, like it was before previous halving. We can also get a huge price drop during that year, and next year we get a "huge" price growth, for example from $20k to $25k, and people would celebrate "halving-halving-halving". While on time graph we will get a negative overall growth. Better hold and stick to selling price you have set as a final goal.

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[EarnOnVictor]

Bitcoin's next halving is only 1 year away.

We can't hear that halving on fiat and gold. This is what makes Bitcoin unique and special. Satoshi creates Bitcoin to repair the deficiency of fiat and gold. And, Actually, if supply reduces (halving), and demand increases, the price will follow a basic economics lesson. Yes, we cannot ignore that 4 years of facts if Bitcoin knows the basic principles of economics.

but, there are still many hypocrites who do unbelieve even have followed it 13 years ago. I don't know the reason, but usually, people like this start to love when H+2, or late.

Halving is becoming more famous, a Bitcoin tradition that is unique to the blockchain and attracts demands across cryptocurrencies every 4 years. But I will rather compare Bitcoin with other cryptocurrencies rather than fiat and gold you compared it with because they are not the same thing. They are not structured the same way, so I don't expect them to halve, what are they halving?

We should concentrate on how we maximize our profits through this tradition as the world now get more aware of the possibility of halving which will strongly upshoot the demand for the coin.

[1miau]

Dont expect much from halving. Miracle wont happen, Bitcoin price wont change significantly. It might even wont change at all, or we could only have a hype few days before it, followed by a pump and dump, like it was before previous halving. We can also get a huge price drop during that year, and next year we get a "huge" price growth, for example from $20k to $25k, and people would celebrate "halving-halving-halving". While on time graph we will get a negative overall growth. Better hold and stick to selling price you have set as a final goal.

Well, Bitcoin's price in the past has proven wrong your assumption, that according to your assumption "Bitcoin's price won't change at all" due to halving. It's not a bold statement to say that all previous halvings have affected Bitcoin's price very positively and I don't see a reason why we won't see a similar move in next year's halving.
Yes, halvings are getting less significant every time when we are only looking at the reduction in mined coins vs. traded volume of coins and also total supply. But halvings are still very famous, making it more a psychological event. Because a halving is only happening approximately every 4 years, which is very, very rare. 4 years is a very long time. And halvings are causing massively FOMO, positive news, a reminder to HODL and much more which will boost Bitcoin's price. 

[thecodebear]

I expect we'll see more front running of the halving this year as more and more people know about it and understand that bitcoin four year market cycle. It took until early 2017 to get to around the ATH, and it didn't break through until April 2017, then it only took until Dec 2020 to get to the ATH and break through it in the next market cycle. Also the halving cycle seems to be a month or two shy of four years, so between that and smart money starting to front run the halving more and more with each cycle, I wouldn't be surprised if Bitcoin is like $55k by the time the halving hits and is passing $70k (and the ATH) in summer of 2024. We could potentially see $100k by end of 2024, and then the question is does the bull market continue all of 2025 or does it only last part of 2025. If Bitcoin can already be around $100k or close to it by end of 2024 it would seem unlikely that it'll the price will keep growing for another 11-12 months after that. Maybe we'll see a mid-2025 end to the bull market.

[bakasabo]

Dont expect much from halving. Miracle wont happen, Bitcoin price wont change significantly. It might even wont change at all, or we could only have a hype few days before it, followed by a pump and dump, like it was before previous halving. We can also get a huge price drop during that year, and next year we get a "huge" price growth, for example from $20k to $25k, and people would celebrate "halving-halving-halving". While on time graph we will get a negative overall growth. Better hold and stick to selling price you have set as a final goal.

Well, Bitcoin's price in the past has proven wrong your assumption, that according to your assumption "Bitcoin's price won't change at all" due to halving. It's not a bold statement to say that all previous halvings have affected Bitcoin's price very positively and I don't see a reason why we won't see a similar move in next year's halving.
Yes, halvings are getting less significant every time when we are only looking at the reduction in mined coins vs. traded volume of coins and also total supply. But halvings are still very famous, making it more a psychological event. Because a halving is only happening approximately every 4 years, which is very, very rare. 4 years is a very long time. And halvings are causing massively FOMO, positive news, a reminder to HODL and much more which will boost Bitcoin's price.  

I did not mean that before and after halving Bitcoin price will stay the same. But at the time previous halving happened, I did not notice any significant change, neither saw I a hysteria of happiness that their holdings values now became so huge that it can be counted as "we a rich now".

What a lot of people awaits from halving? Mining becomes more complicated = Bitcoin price makes x2. Previous halving was on May 11 2020. Few days before and after halving Bitcoin price gained only several hundreds.

I hope people dont count as following: before previous halving ATH was $20k, after halving new ATH was $69k. Halving increases Bitcoin price +3 times. That is wrong imo.

[Mpamaegbu]

~snipped~

I think it's exciting for bitcoin and it's community...

Yes, it's exciting for me. In fact, the halving event is what keeps me resolute whenever I see price dipping. I only have to remember that there's a silver lining around the corner and that the darkness occasioned by the bear is just momentarily. In my six years on knowing Bitcoin I've observed it go through worse moments (I can't say worst yet). That didn't kill it. It rose from all that like a phoenix. The halving events have been largely responsible for that as scarcity adds value to things. It's the same with Bitcoin.

[Bananington]

Bitcoin's next halving is only 1 year away.

I pity those that will be thinking that one year is a very long time, we have already seen one quarter of this year and before we know it, the year will be over and the halving will be at the doorstep. If you have not been keeping bitcoins since in wait for this to happen, you should start immediately to ensure that you join in the benefits that the halving will bring. For any member of this forum that will not be a beneficiary to the halving, you will regret it a lot when other members who will benefit will come forward to share their good story.

[arabspaceship123]

It's realistic streams of established miners abandon Bitcoin when halving strikes. One block returning 3.125 BTC isn't supremely attractive to miners unless they're mining farms churning away at industrial rate hash rates.

After Bitcoin's block rewards were halved the last time in May 2020 from 12.5 BTC to 6.25 BTC per Block, we'll see a new halving in 2024 (expected to be in April 2024), decreasing Bitcoin's block reward from 6.25 BTC (which is valid actually) to 3.125 BTC per block.

And honestly, we need to admit that 3.125 BTC per block is very low:
Bitcoin's halving is reminding everyone once more, how truly scare Bitcoin really is.  
So, important reminder for everyone how close we are already to Bitcoin's Halving.
Only 1 year to go.  

[AakZaki]

You did not really had too much time to prepare yourself which led you to not being able to take advantage of the bull run at the time.

But now things should be completely different and your results should be much better this time around, still I wonder if the positive performance we have seen during this year can be maintained, as it seems to me as if it is too soon for such a high price to be seen, and if that is the case then a dip could follow which could allow us to load as much bitcoin as we can during that period, as we make our final preparations for the upcoming halving.

It depends on the goal you want to achieve. I'm not looking at a bear or bull market, but make sure the moment you're doing is right. Currently there is a futures trading feature that makes it easier for you to invest when bull or bear. So make sure the moment you take is right with the predicted forecast that will happen. Every moment is an opportunity, take advantage of it with the features that are in trading today. Investment does not completely have to hold the long term but there are other ways that have been facilitated at this time, so take advantage of it.

[tabas]

I pity those that will be thinking that one year is a very long time, we have already seen one quarter of this year and before we know it, the year will be over and the halving will be at the doorstep. If you have not been keeping bitcoins since in wait for this to happen, you should start immediately to ensure that you join in the benefits that the halving will bring. For any member of this forum that will not be a beneficiary to the halving, you will regret it a lot when other members who will benefit will come forward to share their good story.

They do think that 1 year is too long when we've just been 3 years away from halving and thought that it's a quick time that has just passed through us. While for those that have stayed even on the other halving which has happened on 2016, mostly, many weren't expecting that it was going to set an ATH until the pattern has been shaped into this 4-years cycle. It's on everyone's mouth that the 4-year cycle will happen and been done, those that still ignores the tips about buying some bitcoin while they can before it happens will regret it all once we see bitcoin skyrockets again before and after the halving.

[GeorgeJohn]

Many experts have expressed opinions on Bitcoin halving but I think these opinions will materialize. The year 2024 is indicated by Bitcoin and the block halving was equal to 7.1428 in 2020 but will be halved in 2024 at 3.33333%. (2020-2021) The price of Bitcoin will increase by three times in 2024 and the amount of BTC will be about 2,00,000 dollars. Eventually the current investors will fall into Bitcoin mining. So keep Bitcoin your own for 2024.

I don't believe on assumptions and predictions, because nobody knows the futuristic of bitcoin, Bitcoin always surprised people and turn their predictions down, which I believe that whatever we predict concerning will be determined by the market not by anyone assumptions,  because theirs every tendency that bitcoin can as well fail not to have a positive turns out in 2024 as people is expecting something positive to manifest in 2024 in cryptosphere.

[Bobrox]

Will huge expectation with one year left with Bitcoin halving bring positive side for new all time high again? still remember last time halving Bitcoin success break out and make all time high price after raising up to $65,000 and current price Bitcoin today will have chance for returning to all time high price or possibility with new ATH. Have good progress with Bitcoin price because success break out more than 50% after last three months Bitcoin dropped to $15,000 and right now have reach to $30,000.

I have bigger expectation for Bitcoin back to all time high price for altcoin season come back again, have been longer time altcoin can't break to higher price after bitcoin crashing.

[JoyMarsha]

Keeping your Bitcoin assets till 2024 should be the goal for every crypto investor as it is no longer 4 years remaining but rather a year to go before the halving season.

As the year draws closer to the halving season, I feel much joy because this should be the first halving am about to experience ever since I began to know about bitcoin.

Thanks for bringing it to our notice that there is no much time left toward the halving period. Every plan of accumulation of bitcoin should start now before the halving. Who knows what next year's halving will offer us in price because there is this belief that every halving will do well in price than its previous halving.

[laurenB7742]

Will huge expectation with one year left with Bitcoin halving bring positive side for new all time high again? still remember last time halving Bitcoin success break out and make all time high price after raising up to $65,000 and current price Bitcoin today will have chance for returning to all time high price or possibility with new ATH. Have good progress with Bitcoin price because success break out more than 50% after last three months Bitcoin dropped to $15,000 and right now have reach to $30,000.

I have bigger expectation for Bitcoin back to all time high price for altcoin season come back again, have been longer time altcoin can't break to higher price after bitcoin crashing.

No one knows what will happen to bitcoin in the future, but history has shown us that we will always have a new ATH after the halving, so keep expecting it to happen again.

Investing in altcoins is also quite interesting, as their returns are much better. But in my opinion, the most suitable time to invest in altcoins is when the bull season comes, which means investing in altcoins only when the halving happens, and bitcoin really enters the bull season. Also, I don't see a good time to invest in altcoins, even now, the altcoin market is still very unstable even though bitcoin has recovered more than 50% of its value.

[Poker Player]

Keeping your Bitcoin assets till 2024 should be the goal for every crypto investor as it is no longer 4 years remaining but rather a year to go before the halving season.

What is the point in keeping them until 2024 when the bull run usually starts one year after halving? We will have to keep them until 2025 at least. Although for someone who buys Bitcoin now, with money that will not be needed in the short or medium term, as it should be, I would say you better wait a cycle and a half, about 6 years. I would expect the price to be approaching half a million by then, and if not, several hundred thousand dollars, which is a considerable increase from current levels.

[TravelMug]

Keeping your Bitcoin assets till 2024 should be the goal for every crypto investor as it is no longer 4 years remaining but rather a year to go before the halving season.

What is the point in keeping them until 2024 when the bull run usually starts one year after halving? We will have to keep them until 2025 at least. Although for someone who buys Bitcoin now, with money that will not be needed in the short or medium term, as it should be, I would say you better wait a cycle and a half, about 6 years. I would expect the price to be approaching half a million by then, and if not, several hundred thousand dollars, which is a considerable increase from current levels.

You can still even accumulate bitcoin during the bull run or right after the bitcoin block halving and then hold till 2025.

Obviously the best time is during the bear market last year, but if there is a argument that they might be late, I will tell that they are all wrong because base on my experience, even in the bull run, lets say in 2024, you can start from there and buy and then time the market to sell before the burst in 2025. So for sure, everyone is very excited for this event as it will be the catalyst for bull run and new all time high.

[noorman0]

I'm just a little concerned that the halving will no longer be an ATH trigger. I think this is slowly becoming a routine that is predictable so everyone is getting their hopes up for this event, while some of the big "players" are preparing for several scenarios that prevent more cash flow from coming into the industry.

[Poker Player]

You can still even accumulate bitcoin during the bull run or right after the bitcoin block halving and then hold till 2025.

Yes, well, DCA is done by many people, myself included. You can make purchases every week or month, of an amount you can afford, but what I wanted to emphasize is first that the bull run is usually given a year after the halving, not the same year as the halving, and that if you want to get some really good returns, and you buy now, investing a lump sum, or you start to do it, with DCA, you better wait for the halving after, not next year for take profits. For me, investing in Bitcoin for less than 5 years does not make much sense.

[hd49728]

I wanted to emphasize is first that the bull run is usually given a year after the halving, not the same year as the halving, and that if you want to get some really good returns, and you buy now, investing a lump sum, or you start to do it, with DCA, you better wait for the halving after, not next year for take profits. For me, investing in Bitcoin for less than 5 years does not make much sense.

5 years are good to enjoy at least one cycle of Bitcoin. If you are clever enough to start at a year before one halving and hold it 5 years, you will enjoy two Bitcoin cycles with two halvings. That will help you to get massive profit from two halvings.

I agree that taking profit one year after a halving year is good if we base on Bitcoin historical cycle.

[Minor Miner]

You can still even accumulate bitcoin during the bull run or right after the bitcoin block halving and then hold till 2025.

Yes, well, DCA is done by many people, myself included. You can make purchases every week or month, of an amount you can afford, but what I wanted to emphasize is first that the bull run is usually given a year after the halving, not the same year as the halving, and that if you want to get some really good returns, and you buy now, investing a lump sum, or you start to do it, with DCA, you better wait for the halving after, not next year for take profits. For me, investing in Bitcoin for less than 5 years does not make much sense.

Agreed, the halving is a desirable event for bitcoin lovers, but the bull run will only take place after 1 year, the bull run will not appear immediately. Many people expect bitcoin to increase in price every day, but I really want to know how many bitcoins they have accumulated because if we don't have bitcoins in our pocket, it makes no sense for bitcoins to rise or hit ATH. Bitcoin price increase is only a matter of time, it will definitely happen, so the more important thing we need to care about is how many bitcoins we have when the bull season comes.