Bitcoin 2024 halving less than 1 year away

[yohananaomi]

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.

another year will enter the era of the halving period, of course it is true as you said that it will coincide with the gradual increase of bitcoin, until 2025 where a renewable ATH will be formed. because time is not so long as you said too, so this is an opportunity to continue to buy and hold and no longer need to wait for a correction to occur to buy, because the opportunity to continue to save will be lost by continuing to delay.

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[superman184]

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.

I will not dismiss your optimism for Bitcoin and also for Halving on Bitcoin. But what I want to know is which reference did you take so that you also look optimistic by saying that the halving will occur in about a year with a minimum price increase of 50%? If indeed you are a reliable forecaster in terms of the crypto market, especially for the price of Bitcoin, I would like to see you present the data with more logical reasons to be digested by many people here.

another year will enter the era of the halving period, of course it is true as you said that it will coincide with the gradual increase of bitcoin, until 2025 where a renewable ATH will be formed. because time is not so long as you said too, so this is an opportunity to continue to buy and hold and no longer need to wait for a correction to occur to buy, because the opportunity to continue to save will be lost by continuing to delay.

The opportunity to buy is still there and it is clear that there is no need to postpone it as long as you have sufficient capital. But if you're trying to justify what @Paul Pogba said, I'm just curious about the same month he was referring to. Because I don't think that he is predicting market conditions that are still uncertain as he said, so how can you directly justify what he said while he didn't provide any references based on what he said?

[uneng]

Personally I think the next bull run must start on the following 6 months after the halving event. The question is how intense this bull run is going to be and if it will be possible for Bitcoin to reach a new ATH. It will heavily depend on how the global economy will be doing, especially in USA, China, European Union and Russia. Besides the side effects of potential conflicts such as the war between Ukraine and Russia.

[TheGreatPython]

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.

The halving event cuts down the block reward for miners which means that the Bitcoins that currently being mined will reduce and that doesn't mean that the current circulating supply will reduce, so it doesn't really bring immediate scarcity but it only helps in slowing down the circulation which will eventually have an effect on the price since demand increases and circulation reduces due to it.

The main reason why halving can become a trigger for the bull market is because people think of it that way and they will buy in bulks before the halving which will make the price go up and there will be a lot of demand at that time.

[GreatArkansas]

Based on my research before, I checked every Bitcoin block halvings before and I conclude from my own opinion, the price starts to pump every before the exact Bitcoin block halving. Which for me makes sense here, the "buy the rumors, sell the news" comes here because for example on some people who are not familiar on this event, some of them could expect on the day of event it will be a bullish for Bitcoin or that's the only time it will only pump or will start.

[carlfebz2]

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.

The halving event cuts down the block reward for miners which means that the Bitcoins that currently being mined will reduce and that doesn't mean that the current circulating supply will reduce, so it doesn't really bring immediate scarcity but it only helps in slowing down the circulation which will eventually have an effect on the price since demand increases and circulation reduces due to it.

The main reason why halving can become a trigger for the bull market is because people think of it that way and they will buy in bulks before the halving which will make the price go up and there will be a lot of demand at that time.

Neither before the halving event kicks in or after that on which there would really be bulk buying of coins on these times which we know that peoples mindset would really be pertaining about that inevitable rise

which it isnt really that wrong either.We can really make out some assumption that bull run would usually kick in after the halving even or several months earlier on that event which we cant precisely able to

tell on whats the exact point.This is why it would really be that wise that you should really be securing yourself since the price isnt really that high because once the train would be tending to leave then
for sure you would really be having those kind of regrets on which you would really be murmuring to yourself that you should have purchased it out earlier and make able to maximize out that potential
profit. We are indeed just 1 year away before that halving event happens and lots of speculations had been floating around on what are the potential things to happen.

[Wiwo]

Based on my research before, I checked every Bitcoin block halvings before and I conclude from my own opinion, the price starts to pump every before the exact Bitcoin block halving. Which for me makes sense here, the "buy the rumors, sell the news" comes here because for example on some people who are not familiar on this event, some of them could expect on the day of event it will be a bullish for Bitcoin or that's the only time it will only pump or will start.

Buying the rumours and selling the news may work mostly in a market that is highly monopolistic where few habd control of the supplies of the asset, and that is what mostly gives birth to funds, but most bitcoin investors anticipate a bull only when the demand increases significantly against the supply.


And in this case, bitcoin halving will motivate that, but u can't really prevent a bull market before the halving, since halving ushers in a new rewards system, and the block size will be reduced.

[dansus021]

Is less than 1 Year but i would consider this as one year  . Anyway I am gonna share my opinion usually Binance will crazily bull after 6-12 month after halving or I would say this would touch New All Time High.

But at the moment halving there is big possibility that bitcoin price is already in the bull market but I think it is not late to buy. October - November of 2024 might become the craziest year of 2024
according to the Coinglass

[bittraffic]

Since majority seem to have voted six months later, would you buy BTC 6 months after halving or now that price seem to have bottomed?

I kind of seeing that it may start earlier actually just this mid 2023 where debt ceiling crisis could be a catalyst. Anything can happen really after June 1st thats why I'm banking on it and voted it has started already. 

[retreat]

-snip-
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 think 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...

I believe that the bull season will take place a few months after the Halving and it will probably push Bitcoin price up to its ATH or even beyond it. Even if there was a price decrease before the Halving and then there was an increase in price after the Halving, but it's just a small wave, I don't think it's necessary to take it too seriously.

[GelatikKembar]

-snip-
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 think 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...

I believe that the bull season will take place a few months after the Halving and it will probably push Bitcoin price up to its ATH or even beyond it. Even if there was a price decrease before the Halving and then there was an increase in price after the Halving, but it's just a small wave, I don't think it's necessary to take it too seriously.

therefore in 2023 we are still given the opportunity to accumulate Bitcoin or altcoins,
because if you look at history this is the right accumulation time before we see a really great bullrun,
maybe 2024 or maybe 2025, which is a strategy for the worst too you have to be prepared,
because bullrun might not come, so stay alert and always monitor.

[Kadal Ijo]

The halving has indeed been proven several times to make pump prices and of course next year it can become an ATH record again, to reach a new record price of course this year must be closed positively or close to recovery which is around $55k, if at the end of the year the price can reach $55k then when the halving will easily up to $100k.

[Yatsan]

The halving has indeed been proven several times to make pump prices and of course next year it can become an ATH record again, to reach a new record price of course this year must be closed positively or close to recovery which is around $55k, if at the end of the year the price can reach $55k then when the halving will easily up to $100k.

Several? What's notable is only the previous one because of the huge price increase way back 2017 if I remember the year correctly. Also it won't be guaranteed that same thing would happen, it is just the idea of the previous one. Familiar of the ETH fork after that? Nothing much happened. Indeed Bitcoin and Ethereum are different currencies but both are the top cryptos in this industry so we may have the same expectations. With that, why is there a difference with the result? I think it is because of several factors during the halving; economic situation or state and other existing problems which may affect the demand as well for this industry. Therefore, we should still manage our exoectations on this anticipation 'coz anything could happen either good or bad.

[Rasa nanas]

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.

another year will enter the era of the halving period, of course it is true as you said that it will coincide with the gradual increase of bitcoin, until 2025 where a renewable ATH will be formed. because time is not so long as you said too, so this is an opportunity to continue to buy and hold and no longer need to wait for a correction to occur to buy, because the opportunity to continue to save will be lost by continuing to delay.

some say the halving will occur in 2024 and a new ATH will be created and some say that the halving will start in 2024 and ATH will be reached in 2025. I believe the halving will come soon but the fact is that currently the price of bitcoin is still stuck below $ 30k for quite a long time, meaning that until now there have been no large-scale purchases that have made bitcoin prices slowly rise. please remember, this is the crypto market and anything can happen. bullish can come faster or it can come slower.

[LittleBitFunny]

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.

another year will enter the era of the halving period, of course it is true as you said that it will coincide with the gradual increase of bitcoin, until 2025 where a renewable ATH will be formed. because time is not so long as you said too, so this is an opportunity to continue to buy and hold and no longer need to wait for a correction to occur to buy, because the opportunity to continue to save will be lost by continuing to delay.

some say the halving will occur in 2024 and a new ATH will be created and some say that the halving will start in 2024 and ATH will be reached in 2025. I believe the halving will come soon but the fact is that currently the price of bitcoin is still stuck below $ 30k for quite a long time, meaning that until now there have been no large-scale purchases that have made bitcoin prices slowly rise. please remember, this is the crypto market and anything can happen. bullish can come faster or it can come slower.

If you've studied bitcoin's previous cycles, you'll see that the bull season and ATH will only begin a year after the halving, not immediately after the halving.

Yes, anything is possible, with bitcoin, nothing is impossible, but we have no basis to say that ATH will come sooner. So relying on history is the only thing we can do, I will still believe in history, and it will repeat itself, until bitcoin makes new history. By the way, it's not a bad thing for bitcoin to be stuck under $30k, I think it's an opportunity for us to have more time to buy bitcoin at a high discount.

[19Nov16]

Halving is something we are really waiting for, usually there will be an increase in demand so that the price will continue to rise, the halving will occur in about a year so now is a good time to prepare and buy more, don't just watch and congratulate friends who get big profits when the halving day occurs.

[kesmex]

yes, everyone has been waiting for Halvinf 2024 to come, and the market has also responded positively,
the most important thing is that Bitcoin doesn't drop from $20k, because if Bitcoin is below $20k then bullish will be hard to come,
I myself have also been holding Bitcoin since 2022 because I believe in bullrun 2024 will be more amazing than 2021.

[jostorres]

The halving has indeed been proven several times to make pump prices and of course next year it can become an ATH record again, to reach a new record price of course this year must be closed positively or close to recovery which is around $55k, if at the end of the year the price can reach $55k then when the halving will easily up to $100k.

Several? What's notable is only the previous one because of the huge price increase way back 2017 if I remember the year correctly. Also it won't be guaranteed that same thing would happen, it is just the idea of the previous one. Familiar of the ETH fork after that? Nothing much happened. Indeed Bitcoin and Ethereum are different currencies but both are the top cryptos in this industry so we may have the same expectations. With that, why is there a difference with the result? I think it is because of several factors during the halving; economic situation or state and other existing problems which may affect the demand as well for this industry. Therefore, we should still manage our exoectations on this anticipation 'coz anything could happen either good or bad.

I do agree with what you said about halving that it is subjective and there is no guaranteed growth only because of the halving since it is just an event to cut down mining rewards and help Bitcoin become more scarce by reducing the supply, but since almost everyone believes that the bull run will start after the halving, this belief might do something since it also brings buying pressure with it.

I don't agree with your reference or Ethereum's fork since there is a very big difference between a fork and a halving, a fork is simply an update for the coin or it's blockchain while a halving is an event that makes the coin more scarce.

[STT]

Fork is a duplication if in theory both paths continue separately, depends on the outcome but immediately it would seem to indicate weakness from those multiple paths in that blockchain rather then strength, a wider distribution rather then consolidation.  Halving is  a reduction in block reward and so a slowing in issuance, tightening though of this too can vary in effects seen and its also true after many prior halving of the block reward its no longer such a large change even though its repeated constantly.
  I was very bullish about POS in ETH because it is something new and widespread, I cant see why it cant work or would be any negative for users.   Im interested to see it progress.

[LogitechMouse]

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?

I expect that it will be a few months after the halving.

The thing is that, we don't know if it will be the same as what happened last 2021 & 2017, or it will be a different one. I mean there's a chance that if investors think that it will happen a few months after the bull run, chances are they might buy earlier than the expected halving thus, we might see the price of Bitcoin starting to go up even though the halving isn't happening yet. On the other hand, we might see Bitcoin starting to go up after the halving like what happened in 2021.

Overall, I expect the bull run to start in 2024, and will continue in 2025 before we see the market going bear again in the year 2026. It's only my prediction though, and we might see a different scenario in the next years, or we might see something that hasn't happen in the crypto space yet. Take note that Bitcoin is very unpredictable when it comes to price movement.