Bitcoin 2024 halving less than 1 year away

[Cryptomultiplier]

I realise when the bull market takes off will also be dependant on price action, for example if there is another black swan event at the start of 2024 then this could result in a delay like in 2020. But otherwise do you generally the bull market will start before or after the halving, or otherwise more or less immediately after the halving, and do you think there will be any other relevant factors other than the halving?

Interested to hear your thoughts...

If you are making reference to the influence on price of BTC, then i assuredly say that other factors beside halving can affect the price of BTC.

Halving might just be one of the several factors that influences the price of bitcoin, the institutional,
the individual adoption rate and the developments and innovations on the network contribute to affect prices too.
It is going to be necessary for prices to surge as demand and supply will economically affect the market, after the halving. The bullish season would of course take shape for months and that is what with hopes will propel BTC to a paced all time high.

[DiMarxist]

This is what happened during the time before the 2016 halving, the price continued to be unstable with more volatility on the price increase before the halving eventually took price to around $21,000 in December 2017. Bull run is normal before halving, but it is not going to be strong enough, which would be followed by bear market again. Halving will occur soon in 2024 and this will be a trigger for Bitcoin to be able to reach the ATH Price again, that's what everyone hopes for. And when the price starts to increase, we will not realize that it is the beginning of a bullish movement because the price will not go straight to the ATH but will increase slowly.

[dragonvslinux]

Based on the estimate from bitcoinblockhalf.com, the 2024 halving will be end of April with other estimates calculating it as beginning of April, even as early as March.

While not getting too bogged down in the timing which is dependant on whether there continues to be hash rate growth (to bring it forward) or not, when do you think the bull market will start?

First, no one know when exactly the next bull run will begin and also we ave speculation of it estimation to be after a halving cycle which according to the timetable the next bitcoin halving will be around April 2024.

Just to clarify, I'm aware that no-one knows exactly when another bull run will begin, or whether it will ever happen again for that matter, so this shouldn't even be part of the discussion. Hence my question was "When do you think the bull market will start" rather than "When will the bull market start". Otherwise yes, the general thesis is that with reduced supply and consistent demand, it'd be after the halving.

It will be whenever most people(especially retail) least expects it. If most people think that the 'real' bull run will start at X date — chances are, it will happen earlier or later than that date.

I generally agree with this theory, as usually in these polls that myself and others create the most popular answer is the least correct.

[Franctoshi]

I realise when the bull market takes off will also be dependant on price action, for example if there is another black swan event at the start of 2024 then this could result in a delay like in 2020. But otherwise do you generally the bull market will start before or after the halving, or otherwise more or less immediately after the halving, and do you think there will be any other relevant factors other than the halving?

Interested to hear your thoughts...

If you are making reference to the influence on price of BTC, then i assuredly say that other factors beside halving can affect the price of BTC.

Halving might just be one of the several factors that influences the price of bitcoin, the institutional,
the individual adoption rate and the developments and innovations on the network contribute to affect prices too.
It is going to be necessary for prices to surge as demand and supply will economically affect the market, after the halving. The bullish season would of course take shape for months and that is what with hopes will propel BTC to a paced all time high.

Despite other factors that helps the Bitcoin to increase in price, they don't push the price as high as just when after Halving, Halving is the major catalyst that drives the price to make those crazy moves where we can see Bitcoin price move $5k or even up to $10k increase just in a single day and in the process make new ATH. A lot of investors pay attention on the halving cycle than other events that drives market, because of it certainly that the price will increase after a reduction in the supply of Bitcoin after the halving.

[arimamib]

As I have observed in previous years where halving is a period that crypto players have been waiting for, be it holders of btc or other tokens, halving will definitely be a beautiful moment every 4 years. So, we will be approaching it in the not too distant future, so there will be a real bull run momentum coming towards us, but for the details, everyone probably won't know when it will happen either after the halving or before the halving.

So from that to find us in a bull run momentum, of course we have to prepare early, meaning buying and buying where the current BTC price is below the ATH price which can be made the right purchase to hold for a long time or wait for the halving to come.

[sheenshane]

I think it's more than 6 months after halving.

AFAIK, it was almost a year before when a bull market reached a new ATH which I think will be the same as this year.
You might need to add another option to the voting poll.

But this IMO prediction and it seems you're right that no one speculates the Bitcoin price.

[Similificator]

~

We really cannot be certain which of which is the best decision same as how we cannot be sure of the exact number of the bottom price or the top price. But hey, at least we can be sure though that there will always be significant price movements whenever halvings happen to Bitcoin and this also influences the altcoins which gives tons of opportunities.

I don't really like to bombard myself with tons of speculations. The only thing that I bank on is gradually accumulating bitcoin or any crypto currency out there that I like whenever the chance to do so arises. Simple strategy but works wonders. Although, this only applies for long term investors.
It is a different case for day traders specially for those that trade on leverage and on shorter time frames. Now, since there are a lot of variables for every market condition, I like to personally observe the charts first on a variety of time frames then the news both in and out of this industry before getting into positions when I sometimes feel like trading on futures. Although it makes me a bit late sometimes on pumps, at least there are still profits to be gained most of the time and only minimal losses if there are any.

[JoyMarsha]

Nobody can determine with certainty whether the bull run will occur before or after the halving the next year. The only thing we can do is patiently wait for the bull run to begin whenever it decides to and buy Bitcoin as cheaply as we can. As we well know, the bull run will undoubtedly happen.

It may occur a few months either before or after the halving period. Whatever path it takes, it will be appreciated because a new all-time high in the price of bitcoin is what we all hope to see.

[Ojima-ojo]

Bull run is normal before halving, but it is not going to be strong enough, which would be followed by bear market again. That is what that happened recently when bitcoin got to $31000. Maybe the price of bitcoin will increase, but I am still thinking that it would decrease up to $20000 before halving which will indicate a strong buy before halving which might not make bitcoin to still be more than $30000. Halving will come and the real all-time-high bull market will become reality.

The fact is,  this prediction is born out of personal opinion,  and we can't tell if the bull market will come before or after Bitcoin halves but what we are certain of is that Bitcoin block rewards are going to be reduced after the halving and that point to more scarcity that can easily trigger a bull market,  but then you did well in your predictions based I  previous market actions which are on records.


The best option left for us to take advantage of the market before anything else is to make sure we have enough funds to buy more Bitcoin whenever it touched a discounted price before the bull market begins.

[imamusma]

Nobody can determine with certainty whether the bull run will occur before or after the halving the next year.

It's hard to say the bullrun occurred before the halving, but it's somewhat conclusive to say that after the halving bitcoin was already in a bullrun. I agree that there is no x in date to be sure, so the best thing right now is to take advantage of the market situation. I must say that accumulation at this point is most recommended before the bitcoin price soars, but keeping DCA in mind.

Bullruns can start at any time, but the two months before the halving seems a good area to consider the best time to start climbing. I think we should be quite wise and careful in watching the market, but for long term investment I think it's time to fill your bag.

[dragonvslinux]

Although not many votes on this poll yet, it's interesting to note that most think a bull market will start 6 months prior to the halving, similar to a lot of 2020 theories, as well as what effectively occurred in 2016. Given the majority are usually wrong, I'm more inclined to think it will happen after the halving, maybe within 3-6 months. A lot of this depends on where price goes for the rest of the year I realise though.

For example if price reaches $50K this year towards the end of the year, or even re-test the highs around $60K, it's likely there'd be a prolonged correction that could eat into the 6 months prior to the halving (ie from around November/December). But if price is going to move slowly throughout the rest of the year, between say $20K and $40K, then for sure we could see $30K as a local low 6 months prior I think.

[salad daging]

Nobody can determine with certainty whether the bull run will occur before or after the halving the next year.

It's hard to say the bullrun occurred before the halving, but it's somewhat conclusive to say that after the halving bitcoin was already in a bullrun. I agree that there is no x in date to be sure, so the best thing right now is to take advantage of the market situation. I must say that accumulation at this point is most recommended before the bitcoin price soars, but keeping DCA in mind.

Bullruns can start at any time, but the two months before the halving seems a good area to consider the best time to start climbing. I think we should be quite wise and careful in watching the market, but for long term investment I think it's time to fill your bag.

I also feel the same way that the bullrun will start before the halving is very unlikely as my personal assumption, but it is clear from previous history that we have seen that the bullrun will come after the halving for several months, so I will wait for the halving to arrive later.
Even the bullish time is not the same as in 2021, maybe there will be some time difference for the bullish arrival.

The market is declining, it's time to think about buying more bitcoin before falling far behind where the price of bitcoin will strengthen again, it seems that the current price will last for a few more months, so the DCA method is still a good method to continue starting in this way.

I think people who think long-term investing are not going to have a bullrun in the next cycle they're usually going to keep holding on and get past the next bull run.

[rahulzx]

not being before in halving cycle, hope next time will be the highest users be on the halving cycle as their first time.

[Quidat]

Nobody can determine with certainty whether the bull run will occur before or after the halving the next year.

It's hard to say the bullrun occurred before the halving, but it's somewhat conclusive to say that after the halving bitcoin was already in a bullrun. I agree that there is no x in date to be sure, so the best thing right now is to take advantage of the market situation. I must say that accumulation at this point is most recommended before the bitcoin price soars, but keeping DCA in mind.

Bullruns can start at any time, but the two months before the halving seems a good area to consider the best time to start climbing. I think we should be quite wise and careful in watching the market, but for long term investment I think it's time to fill your bag.

I also feel the same way that the bullrun will start before the halving is very unlikely as my personal assumption, but it is clear from previous history that we have seen that the bullrun will come after the halving for several months, so I will wait for the halving to arrive later.
Even the bullish time is not the same as in 2021, maybe there will be some time difference for the bullish arrival.

The market is declining, it's time to think about buying more bitcoin before falling far behind where the price of bitcoin will strengthen again, it seems that the current price will last for a few more months, so the DCA method is still a good method to continue starting in this way.

I think people who think long-term investing are not going to have a bullrun in the next cycle they're usually going to keep holding on and get past the next bull run.

Basing up on history then it would really be a several month later for the bull run to kick in after that halving event basing up on the history which this would be most likely to happen on next upcoming halving but we cant be sure if it would be kicking in before the month of halving event, no one actually knows because it would really be depending on the market on what would happen.
Therefore, the wisest thing to be done now is to accumulate coins as much as we could because we wont really be able to know on when it would kick in, and this is why its better to secure
your position before its too late or you would really be finding yourself get left behind and this is what it is really that important that you should really be wise
on whatever decisions you would be making.

[goaldigger]

I think it's more than 6 months after halving.

AFAIK, it was almost a year before when a bull market reached a new ATH which I think will be the same as this year.
You might need to add another option to the voting poll.

But this IMO prediction and it seems you're right that no one speculates the Bitcoin price.

The pump can start months before the halving, and might correct a few and after that we will rise to the real bull trend and I agree that it usually happens months after the halving just like the previous one. The market is unpredictable by many are very bullish for the upcoming halving. Right now is the best time to prepare for halving and accumulate more, bull market is inevitable, we just need the right timing for this.

[kawetsriyanto]

I think, bullish market have started because many traders has started trading their coins they purchased early last year when the price was low in the market, which is a great joy for them to experience $30,000 in the months of April and there is still hope of making more profits from the market. Since the price has moved from $17,543 to $27,543 in this month of may showed that bullish market is on ground till the price of Bitcoin reach $80,000 before the bearish season will take over the market. I believe, next year 2024 will be more better than this year because there are some signs in the market that make traders to believe that this bullish will reach next year to allow both long term and short term traders embrace massive income.

The price moved from $17k to the current price ($26k-$27k) seems not a strong reason for the beginning of the bull market. If we are already in the bull market, why is the price of Bitcoin likely difficult to increase? Lately, Bitcoin price looks in a sideways phase or in a decreasing step for now. It ever passed $30k, but it dropped again to the current price and got difficult to raise again. When it is in a bull market, I assume the price won't be stuck like this moment and it should be easier to increase more.

Regarding 2024, surely it should be a better time for all crypto coins. We all expect that there will be a huge increase in crypto prices. Not only Bitcoin hits a new ATH, but people also expect the altcoins season in 2024. Well, let's hope that Bitcoin halving really bring big impacts to the whole crypto world.

[Dave1]

I think it's more than 6 months after halving.

AFAIK, it was almost a year before when a bull market reached a new ATH which I think will be the same as this year.
You might need to add another option to the voting poll.

But this IMO prediction and it seems you're right that no one speculates the Bitcoin price.

The pump can start months before the halving, and might correct a few and after that we will rise to the real bull trend and I agree that it usually happens months after the halving just like the previous one. The market is unpredictable by many are very bullish for the upcoming halving. Right now is the best time to prepare for halving and accumulate more, bull market is inevitable, we just need the right timing for this.

Yes, so most likely weeks after the block halving and then the parabolic growth might be felt 6 months after that.

So it's better to have this kind of mindset, specially if we have seen the previous bull run or at least experience it. It's one of the best experience that a bitcoin investors could have in my opinion. I mean the first time I experience it, I really don't know what to do but to just sell my bitcoins. And in the next run, I just accumulate as much as I can and then sold at almost the top to get profits. And then the period of accumulation begin last year and still up to this year I still accumulate as much as I can.

[Stavri]

Taking into account historical patterns, if cryptocurrency prices experience a slow and steady movement within the range of $20K to $40K, there is an intriguing possibility of a local low around $30K occurring approximately six months prior to the halving event. Sooner or later, the hype surrounding the halving is bound to make its presence felt in the market.

[Paul Pogba]

The halving that will occur in about a year will certainly make us optimistic, usually the price will increase by at least 50% in a short time or in the same month when the halving occurs, it is time for us to make large purchases so that we have the opportunity to get big profits during the halving. will happen in 2024.

[coin-investor]

We already have three halvings already we all know what happened during the halving, people this time are anticipating the next halving because they have seen how history repeats so my vote is Less than 6 months before the halving this is the time that investors will take action and start to HODL we will have the price that we all wish, which is $60 k to $100k of course provided that there's no FOMO happening.
This is not a piece of financial advice but this is the road that I'll follow.