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Author Topic: What are we expecting from now until Bitcoin halving?  (Read 339 times)
JamesDaniel90 (OP)
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May 17, 2023, 11:09:45 AM
 #1

Just wondering how everyone feels the next 11 months will go until the Bitcoin halving?

I am counting down the months now looking forward to my first bull run next year and curious.

Are we expecting any more major crashes or should the markets start steadily rising in a few months or so or will that not happen till the end of 2023?
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May 17, 2023, 11:14:01 AM
 #2

Nobody knows, but I am expecting bitcoin to get to $20000 once again which would result to a massive buy. Going below $25000 for now may not be achievable, but in some coming months before this year ends or before halving next year, bitcoin price may still fall and get to $20000 which would be a very strong support and buying price point.

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May 17, 2023, 11:17:08 AM
 #3

Isn’t it more likely that Bitcoin price goes bullish in 2025 though? Halving years didn’t seem like they were the best for returns. They were good but not the best. Usually it’s the next year after halving.

Things can go so many routes, man.. if we get another stablecoin collapse the next 11 months may not look very good. I don’t expect much honestly, they’ll probably not be the worst but not the best months either. Just meh. Probably a lil hype and that’s it. Last halvings I was expecting markets to go crazy or something but it’s usually boring and nothing happens..
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May 17, 2023, 11:18:00 AM
 #4

Just wondering how everyone feels the next 11 months will go until the Bitcoin halving?

I am counting down the months now looking forward to my first bull run next year and curious.

Are we expecting any more major crashes or should the markets start steadily rising in a few months or so or will that not happen till the end of 2023?
Nothing big to expect and 2023 will be like 2019 but there is bigger risk that the world has many more serious things economically and politically since pandemic Covid-19. More serious conditions than in 2019 and maybe something will suddenly trigger massive panic on the market from traditional to cryptocurrency exclusively Bitcoin market.

If any big shake, crash happens, I consider it is a market clean-up against weak-handed investors, gamblers who try to be rich with leverages. If you are not such people, you will not be impacted.

With what happened with FTX exchange and what's going on recently with banks, you should store your bitcoin in non custodial wallets. Then you will surely have chance to enjoy 2024 halving and a bull run after.

Reminder: do not keep your money in online accounts

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JamesDaniel90 (OP)
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May 17, 2023, 11:22:17 AM
 #5

Isn’t it more likely that Bitcoin price goes bullish in 2025 though? Halving years didn’t seem like they were the best for returns. They were good but not the best. Usually it’s the next year after halving.

Things can go so many routes, man.. if we get another stablecoin collapse the next 11 months may not look very good. I don’t expect much honestly, they’ll probably not be the worst but not the best months either. Just meh. Probably a lil hype and that’s it. Last halvings I was expecting markets to go crazy or something but it’s usually boring and nothing happens..

The last Bitcoin halving was May 2020 and the price then was £7k and it almost did a 3x by the end of 2020 reaching £20k so the halving year is also a bullish year.
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May 17, 2023, 11:53:03 AM
 #6

Isn’t it more likely that Bitcoin price goes bullish in 2025 though? Halving years didn’t seem like they were the best for returns. They were good but not the best. Usually it’s the next year after halving.


The last Bitcoin halving was May 2020 and the price then was £7k and it almost did a 3x by the end of 2020 reaching £20k so the halving year is also a bullish year.

Onset isn’t far from what you’re saying. Taking last halving as a case study the market raised significantly towards the end of the year 2020, it went to 20k in December that year which is also bullish but it was in 2021 that it raised above the 60k mark. It first tested 60k in march 2021 which was almost a year after halving before going down a little bit again. The ATH of 69k was till November that year before it got there. So basically the year of the halving is not that bullish compared to the year that comes after it.

As for this year 2023 the bitcoin will be in between the bearish and little bullish period mainly due to the hype of the halving but we would surely see another bear period of the price coming down to say 20k again but that also is dependent on some of the economic factors surrounding it.

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May 17, 2023, 12:14:19 PM
 #7

Just wondering how everyone feels the next 11 months will go until the Bitcoin halving?

I am counting down the months now looking forward to my first bull run next year and curious.

Are we expecting any more major crashes or should the markets start steadily rising in a few months or so or will that not happen till the end of 2023?
We can only make speculations about what will happen next but there's no surety about it so if you are having too much expectations from it then it might not work that way.See we have seen halving periods and price boost afterwards because the mining rewards will be halfed to 3.125BTC and the adoption rates show the demand graphs are going upwards so it could be price boost.

But your patience level are tested and many are having different speculations but for me holding is the best option till long term and that gives return to us but at the current rates say we are near $27k so it would definitely go to $40k if not have too much expectations.But till that period we can see lot of dips and FUD also but you should stay strong.

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May 17, 2023, 12:30:46 PM
 #8

Just wondering how everyone feels the next 11 months will go until the Bitcoin halving?

I am counting down the months now looking forward to my first bull run next year and curious.

Are we expecting any more major crashes or should the markets start steadily rising in a few months or so or will that not happen till the end of 2023?

Personally, I expect the halving to be a logical continuation of this:



History is just a series of loops, right ?  Grin .. I hope that once again, 6 months-1 year after the halving we will see a rise in price.

Otherwise, from a more realistic point of view, I basically expect the block reward to be halved and therefore my mining income to drop.
This is precisely why I am hoping for a small rise in the price, to compensate at least a little for this drop in income..

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May 17, 2023, 12:35:37 PM
 #9

Just wondering how everyone feels the next 11 months will go until the Bitcoin halving?


Like you said you have been expecting your first bull run, that is what it is for more people. For hodlers who are interested to increase what they have I believe they are all saving up and hodling for the next months to come. The price has been dropping and now trading at $26k while the ATH is $64k, so if you can catch the difference of $64k - $26k which is $38k. That can stand as an investor's profit by the time price reach the ATH and that is a good investment if the risk is taken by this time. And if the price drops more from what it is currently selling on now, that is more profit. Investing now and hodling for the next bull run through DCA is definitely going to profit someone that takes the chance.
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May 17, 2023, 12:55:30 PM
 #10

Do remember that after halving there will be a period when the Bull run becomes the Bear run. I won't deny the happiness Bull Run gives to everyone. Then in Bear Run, it has been an attitude of everyone questioning why we are going through this. It is important to remember that if something goes up it will go down. This is a cycle that can be related to everything.

One unique thing that disregards everything about the Bitcoin bull and the bear cycle is a limited supply. That is one of the biggest features of Bitcoin according to me. That is why everyone should become a diamond hand and wait for the era of Bitcoin. I have a feeling that it is not so far and yet it is not so close.

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May 17, 2023, 05:11:06 PM
 #11

Just wondering how everyone feels the next 11 months will go until the Bitcoin halving?

I am counting down the months now looking forward to my first bull run next year and curious.

Are we expecting any more major crashes or should the markets start steadily rising in a few months or so or will that not happen till the end of 2023?

For people like myself that have experience more than one halving date, I'm not as excited as you might be. It's nothing new to us. You can't get any prediction accurately as so many things could happen before and after the halving date. Based on passed experience, Bitcoin price would likely rise close to the halving date and dumped after. In the market, people buy the rumors and sell the news and immediately bitcoin halving has been completed, the whole buzz will die down and people will start taking profits which will make the price to start decreasing.

Anything can happen in the market so don't put your hopes all up or go to borrow money to invest in Bitcoin in anticipation of the hype (rise of Bitcoin price) to the halving date as that too might never happen. There's only one thing that you can be assured of happening in the market which is the price volatility and if you're a trader you can sue that to your advantage. The best preparation you can make for yourself against the next bull market is to continuously DCA into buying Bitcoin and hold.


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May 17, 2023, 06:58:49 PM
 #12

Just wondering how everyone feels the next 11 months will go until the Bitcoin halving?

I am counting down the months now looking forward to my first bull run next year and curious.

Are we expecting any more major crashes or should the markets start steadily rising in a few months or so or will that not happen till the end of 2023?
From observation about the last Bitcoin halving which took place on 11th May 2020, I just noticed that Bitcoin never had any significant influence few months before the halving, as it's price value was still fluctuating around $6k to $9k, not until after the May 2020 halving then the price of Bitcoin started skyrocketing each month from $9k to over $33k before the end of December 2020, which is same as what is expected to happen next year too after we experience the April 2024 halving, as just as the price of Bitcoin in 2020 skyrocketed 4x (i.e from $9k to $33k before the end of the year), next year we should be expecting nothing less than it's value skyrocketing 3 to 4x of it's current value today.

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May 17, 2023, 08:09:08 PM
 #13


I am counting down the months now looking forward to my first bull run next year and curious.

We should be anticipating the bull run, but counting down the months is a bad idea since the bull run might not begin when we anticipate it, which could produce irritation because our expectations were not met on time.So the best advice is to be patient and hold Bitcoin until it.infact timing bull run can even lead to selling our Bitcoin, if it does not happened by the time we may time for it because some people may be thinking maybe it wouldn't happen again especially newbies.

Are we expecting any more major crashes or should the markets start steadily rising in a few months or so or will that not happen till the end of 2023?

Many people have been saying that we should expect little bearish that the bear market is not yet over, but I can't really say because markets are primarily determined by investors due to the back economy and some factors, like what happened recently like collapse of exchange and run always with people's funds so this kind things due create fear in the cryptocurrency industry and lead to the withdrawal of funds in the Bitcoin investment and also stop other investors for coming in the cryptocurrency industry.

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May 17, 2023, 08:09:59 PM
 #14

I am counting down the months now looking forward to my first bull run next year and curious.
A halving does not guarantee a bullrun that same year and historically a bullrun does not happen that same year.
• 2016 halving - 2017 bullrun.
• 2020 halving - 2021 bullrun.
We would be looking towards early 2025 for the next solid rally, except if we have a change in how the Bitcoin cycle works which would not be a surprise.

Are we expecting any more major crashes or should the markets start steadily rising in a few months or so or will that not happen till the end of 2023?
There should be some crashes between now and the next bullrun, but these are just predictions and the market reacts the way it wants.
I would advice you don't think too much about the price and just focus on the long term ROI.

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May 17, 2023, 08:39:05 PM
 #15

Just wondering how everyone feels the next 11 months will go until the Bitcoin halving?

I am counting down the months now looking forward to my first bull run next year and curious.

Are we expecting any more major crashes or should the markets start steadily rising in a few months or so or will that not happen till the end of 2023?
From observation about the last Bitcoin halving which took place on 11th May 2020, I just noticed that Bitcoin never had any significant influence few months before the halving, as it's price value was still fluctuating around $6k to $9k, not until after the May 2020 halving then the price of Bitcoin started skyrocketing each month from $9k to over $33k before the end of December 2020, which is same as what is expected to happen next year too after we experience the April 2024 halving, as just as the price of Bitcoin in 2020 skyrocketed 4x (i.e from $9k to $33k before the end of the year), next year we should be expecting nothing less than it's value skyrocketing 3 to 4x of it's current value today.

i think the value of Bitcoin will increase by 2/2.5x from before the halving happened because if we look at a 3/4x increase seems pretty hard to achieve. But let's just wait around 3~5 months after the halving happen to see if the halving will increase the bitcoin Prices

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May 17, 2023, 10:00:13 PM
Merited by Aanuoluwatofunmi (4), Merit.s (1)
 #16

Nobody knows tomorrow, but 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. Normally bull runs 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, It might be risky to think but when you're already on the process, you will be thanking yourself for having the courage despite of the feeling of having a cold feet because of the market's situation now. The people who say prices are high at this time also would never have stepped into an ATH.

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May 17, 2023, 10:23:35 PM
 #17

Nah, I'd rather let it slide until there's a hype since that would be frustrating to just keep on thinking what will happen on the market but never miss a chance to buy the dip or cheap ones cause I'm sure there's a time you can buy it perhaps $15k I guess depending on the support level on or before the halving start. It will just take some time before the market rise up to the moon when there's a FOMO.

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May 17, 2023, 11:15:24 PM
 #18

It feels the same, just collecting more bitcoins as usual and waiting for the time. Not gonna lie I am also excited about bitcoin halving. Expected that bull run to hit new ath.
But honestly you never know what will happen so it is better to be calm. Its a bull run or bear I am going to keep doing what I am doing now.
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May 17, 2023, 11:26:31 PM
 #19

Just wondering how everyone feels the next 11 months will go until the Bitcoin halving?
It is very impossible to predict exactly, but I expect a lot of events that will challenge our decision to keep bitcoins, some people may get tempted to buy some altcoins, some people may also get tempted to sell their bitcoins to have to solve some problems. It can also happen that I become lazy and inconsistent with trying to get and keep bitcoins in any manner that I can. Until the halving, I expect all these things so I can be ready.

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May 18, 2023, 11:47:36 AM
 #20

As someone who started their crypto journey a week after the all time high in November 2021, I am just counting down the days till the halving as up till now i have spent 18 months being in the red it will be nice to finally see some profits  Grin

I had no idea about cycles when I first started investing in crypto and had no idea I was getting involved at the wrong time but luckily I didn't start buying properly until March 2022 so wasn’t buying right at the top.

Looking at the chart, from May 2020 to December 2020 Bitcoin went from £7k - £21k so that is a bull run in my eyes don’t agree with those saying it didn't come until 2021.
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May 18, 2023, 01:52:44 PM
 #21

I am counting down the months now looking forward to my first bull run next year and curious.

Are we expecting any more major crashes or should the markets start steadily rising in a few months or so or will that not happen till the end of 2023?

It's possible that we can see more downturns in the Bitcoin price before the next year's halving. judging by price movement before the last halving took place in 2021, the bull market did not just come immediately after the last halving, so definitely it might still take the same dimensions this time around. Since a lot of Bitcoiners are putting much hope on the next halving, let's not forget that even when the price drops, it's really creating an opportunity to accumulate more, but some people always see it as a disadvantage to their investment already. DCA is really a good strategy I have used to accumulate Bitcoin, and I hope I can have at least a handful of Bitcoin before the next halving, so that if there is a tempting price to sell when the bull market comes, I can just sell off a bit of my Bitcoin holding.

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May 18, 2023, 01:52:45 PM
 #22

Just wondering how everyone feels the next 11 months will go until the Bitcoin halving?

I am counting down the months now looking forward to my first bull run next year and curious.

Are we expecting any more major crashes or should the markets start steadily rising in a few months or so or will that not happen till the end of 2023?

I have lowered my expectation concerning the bull run that comes after every halving but if we are to go by history, the price of Bitcoin usually goes up and the crypto communities expect other altcoins to follow suit but it wouldn't happen so soon. We expect some volatility and small corrections after the rally of price to some high level and after that, that is when you see a crazy run in prices, that's the period you sleep at home and see the price of coins multiply, that's the period you see some people who didn't come early go all in every coin. It is better to have bitcoin in your hands right now, delay will only make you fomo later but you must do it at the decretion of lower expectation.

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May 18, 2023, 02:13:08 PM
 #23

I am counting down the months now looking forward to my first bull run next year and curious.

Are we expecting any more major crashes or should the markets start steadily rising in a few months or so or will that not happen till the end of 2023?

It's possible that we can see more downturns in the Bitcoin price before the next year's halving. judging by price movement before the last halving took place in 2021, the bull market did not just come immediately after the last halving, so definitely it might still take the same dimensions this time around. Since a lot of Bitcoiners are putting much hope on the next halving, let's not forget that even when the price drops, it's really creating an opportunity to accumulate more, but some people always see it as a disadvantage to their investment already. DCA is really a good strategy I have used to accumulate Bitcoin, and I hope I can have at least a handful of Bitcoin before the next halving, so that if there is a tempting price to sell when the bull market comes, I can just sell off a bit of my Bitcoin holding.
Atleast you actually have an idea to sell some of your coins, with what have I seen so far from replies of most users here in the forum so people tend to actually hold their coins till infinity and its really awkward because we actually invest to get profits so we can use this profits but some folks just have this notion that touching your investment is actually a crime and a bitcoin investment is meant for just holding till God knows when. About the halving I am to stay optimistic about this because with my learning since I have been hear I have notice that the bull run after the halving is just a mere speculation and no one actually knows for sure if the price is going to have a price hike.
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May 18, 2023, 02:46:52 PM
 #24

Just wondering how everyone feels the next 11 months will go until the Bitcoin halving?

I am counting down the months now looking forward to my first bull run next year and curious.

Are we expecting any more major crashes or should the markets start steadily rising in a few months or so or will that not happen till the end of 2023?
The bitcoin halving will indeed occur in 2024, because it has become a bitcoin four-year cycle. But if you count 11 more months until the bitcoin halving, I highly doubt it. Because no one knows for sure, in what month will the bitcoin halving occur. whether it's early next year, or late next year. Everything is still secret, and we can only do analysis and generate speculation about when the bitcoin halving will occur. But don't think about it too much, because all that is certain to happen. The most important thing now is that we have to maximize the opportunities that exist to be able to buy more bitcoins, when the market price is down. Because even though experts have predicted that the bitcoin halving will occur in April. But no one knows what month the maximum price increase will occur.
So now we must always be prepared, until the maximum price of bitcoin occurs in the upcoming halving.

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May 18, 2023, 07:28:54 PM
 #25

Atleast you actually have an idea to sell some of your coins, with what have I seen so far from replies of most users here in the forum so people tend to actually hold their coins till infinity and its really awkward because we actually invest to get profits so we can use this profits but some folks just have this notion that touching your investment is actually a crime and a bitcoin investment is meant for just holding till God knows when. About the halving I am to stay optimistic about this because with my learning since I have been hear I have notice that the bull run after the halving is just a mere speculation and no one actually knows for sure if the price is going to have a price hike.

You are right about this, some people have held Bitcoin in their wallets for like five to six years now, and their ballance has not yet changed since then. I may not be actually correct, but I think some of those persons have lost access to their wallet, and also some of them who have held Bitcoin in their wallet but have not sold it till date, since in the past six or more years, they definitely have quite a lot of things that are generating income for them; they don't only live on their Bitcoin investment, and they don't want to feel concerned about anything related to their holding. I still remember when one of the old members in this forum said that he could only be tempted to sell just a bit of their holding if they saw Bitcoin jump to $100k and above at that moment. So, a lot of them are still deciding when they wish to sell their Bitcoin. For myself, I just know that after a bull market comes a bear market, and it gives me the opportunity to sell during a bull market and buy back during a bear market. Let me just keep it that way.

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May 18, 2023, 09:02:05 PM
 #26

Just wondering how everyone feels the next 11 months will go until the Bitcoin halving?
Let the months come and see it for yourself. Nobody knows how it will go because trends could change but the after-effect of halving is known to the most and that's gonna make Bitcoin's price reach another price ceiling aka all-time high.

I am counting down the months now looking forward to my first bull run next year and curious.
Enjoy the ride and it's for sure will be worth it.

Are we expecting any more major crashes or should the markets start steadily rising in a few months or so
If it's with a major crash, comparing it with the 4-year cycle then that crash should have been done already last year. And in preparation of the halving, the market should go steadily go up in a slow manner.

or will that not happen till the end of 2023?
But then, as there's always the unexpected that comes to the market. Just allow anything to flow and come and see the greatness of it with your very first halving and bull run soon.

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May 19, 2023, 04:45:39 AM
 #27

As far as I know, according to history, Bitcoin's halving did not directly increase its price at that time, but roughly a year later. You can check from here https://cryptoslate.com/comparing-bitcoin-halving-cycles-whens-the-price-top-due-this-time-around/, for example. You can see this. Here is a summary of the approximate timeframes when Bitcoin reached its all-time high (ATH) price after each halving:

- First halving: November 28, 2012

Bitcoin reached its ATH on November 29, 2013, which was approximately 367 days after the halving.

- Second halving: July 9, 2016

Bitcoin reached its ATH on December 17, 2017, which was approximately 527 days after the halving.

- Third halving: May 11, 2020

Bitcoin reached its ATH on November 10, 2021, which was approximately 609 days after the halving.


Uhm, before the bull run, I think there will be a major crash first as a chance for whales to accumulate their bags.

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May 19, 2023, 09:13:21 AM
 #28

As far as I know, according to history, Bitcoin's halving did not directly increase its price at that time, but roughly a year later. You can check from here https://cryptoslate.com/comparing-bitcoin-halving-cycles-whens-the-price-top-due-this-time-around/, for example. You can see this. Here is a summary of the approximate timeframes when Bitcoin reached its all-time high (ATH) price after each halving:

- First halving: November 28, 2012

Bitcoin reached its ATH on November 29, 2013, which was approximately 367 days after the halving.

- Second halving: July 9, 2016

Bitcoin reached its ATH on December 17, 2017, which was approximately 527 days after the halving.

- Third halving: May 11, 2020

Bitcoin reached its ATH on November 10, 2021, which was approximately 609 days after the halving.


Uhm, before the bull run, I think there will be a major crash first as a chance for whales to accumulate their bags.

I understand it takes around a year for the price of Bitcoin to reach its next all time high after the halving but I am not only talking about that.
Looking at the last halving in May 2020 , the price steadily increased for the rest of the year and that is what I am looking forward to the markets going up as my 18 months in crypto so far have just been going down and sideways.
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May 19, 2023, 09:27:54 AM
 #29

Uhm, before the bull run, I think there will be a major crash first as a chance for whales to accumulate their bags.

I think we already had that crash you are talking about. Price dropped from $69k to $16k. I also dont think that whales are going to do another artificial crash to accumulate more. I mean how much more they plan to accumulate? They had time to do that for last 1.5 years. I dont understand the point of such accumulation. Collect all available Bitcoins? But miners mine new every day. Neither the price would go up until or after halving. Of course it will change, but not like $27k gonna convert into $54k in short term.

R


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May 19, 2023, 09:37:45 AM
 #30

Uhm, before the bull run, I think there will be a major crash first as a chance for whales to accumulate their bags.

I think we already had that crash you are talking about. Price dropped from $69k to $16k. I also dont think that whales are going to do another artificial crash to accumulate more. I mean how much more they plan to accumulate? They had time to do that for last 1.5 years. I dont understand the point of such accumulation. Collect all available Bitcoins? But miners mine new every day. Neither the price would go up until or after halving. Of course it will change, but not like $27k gonna convert into $54k in short term.

I think a realistic target by the end of 2023 is $40k would you say that is likely?
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May 19, 2023, 11:58:17 PM
 #31

Just wondering how everyone feels the next 11 months will go until the Bitcoin halving?

I am counting down the months now looking forward to my first bull run next year and curious.

Are we expecting any more major crashes or should the markets start steadily rising in a few months or so or will that not happen till the end of 2023?
There is nothing precised in cryptocurrency  and if you're expecting to get a definite response  then you just be wrong but whatever answer you get here should simply be based on assumptions and from my perspectives  we should be expecting more instability and most times, the best way to stay free from e options in cryptocurrency  is just not to be expecting anything  and just staying neutral on the market especially  those who want to hodl for a longer period of time .
Everyone wants to see a steady growth so you should be seeing more responses to that.

R


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May 20, 2023, 04:52:28 AM
 #32

Just wondering how everyone feels the next 11 months will go until the Bitcoin halving?

I am counting down the months now looking forward to my first bull run next year and curious.

Are we expecting any more major crashes or should the markets start steadily rising in a few months or so or will that not happen till the end of 2023?

Many people are waiting for the crypto currency event called Bitcoin halving. Whether holding Bitcoin or any other crypto currency, everyone is waiting to make a profit, but if history is to be seen, crypto prices did not get pumped immediately after Bitcoin halving. After halving the bull season starts but here you have to wait a bit.

As for more crashes many analysts believe that Bitcoin can touch $20k.As for Bull Season If history repeats itself, we could see a new all-time high in Bitcoin here.

If we talk about before halving, the market here will remain in volatility. Whether it is pre-bear season or pre-bull season, there are always fluctuations in the market. Before Bitcoin halving we can see the price of Bitcoin above $40k.

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May 20, 2023, 09:32:11 AM
 #33

Uhm, before the bull run, I think there will be a major crash first as a chance for whales to accumulate their bags.

I think we already had that crash you are talking about. Price dropped from $69k to $16k. I also dont think that whales are going to do another artificial crash to accumulate more. I mean how much more they plan to accumulate? They had time to do that for last 1.5 years. I dont understand the point of such accumulation. Collect all available Bitcoins? But miners mine new every day. Neither the price would go up until or after halving. Of course it will change, but not like $27k gonna convert into $54k in short term.

I think a realistic target by the end of 2023 is $40k would you say that is likely?

I dont want to give predictions, I am not good at making them. I would better answer on that after summer. Autumn usually is a good indicators of growth. In Autumn Bitcoin prices usually goes up. But $40k looks more real than new ATH or $100k everyone expect. A lot of people expected $100k by the end of 2022, but that did not happened. We have started year 2023 already with a huge increase from $16k to $27k. That is almost a double. That is already a good achievement.

R


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May 20, 2023, 10:36:15 AM
 #34

I got to know about halving from my colleagues from the office, I made my extensive search on everything about it and the last behavior it had on bitcoin. By this sense, my conclusion to you is that you should relax your mind, don't let anything give you anxiety, the world is never going to collapse as a result of this.

Start being bothering after the first 3 months of 2023, the halving may be between April, May and June. You can see you have many months to relax your mind, what you need do is to be arranging money to invest in bitcoin. That is what I am planning, taking loan for this is another option I am willing to take.
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May 20, 2023, 10:57:32 AM
Last edit: May 20, 2023, 11:38:05 AM by Woodie
 #35

Bitcoin halving always gets the crypto  community excited and everytime we get closer to this day, you can see price gradually going up as crypto users stackup  in hope for the big move up. And I think it should be said that every halving is definitely different  and this one having more users in the know about cryprocurrencies I think this one should have a much bigger  impact than the previous one's we have witnessed.  
As far as I know, according to history, Bitcoin's halving did not directly increase its price at that time, but roughly a year later. You can check from here https://cryptoslate.com/comparing-bitcoin-halving-cycles-whens-the-price-top-due-this-time-around/,
Halving has happened around February,  July etc and is it okay to make a conclusion that the impact is felt towards the festive season...not sure what the correlation is here, maybe thanks giving, Christmas, or Chinese new year.


R


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May 22, 2023, 01:01:10 PM
 #36

Isn’t it more likely that Bitcoin price goes bullish in 2025 though? Halving years didn’t seem like they were the best for returns. They were good but not the best. Usually it’s the next year after halving.

Things can go so many routes, man.. if we get another stablecoin collapse the next 11 months may not look very good. I don’t expect much honestly, they’ll probably not be the worst but not the best months either. Just meh. Probably a lil hype and that’s it. Last halvings I was expecting markets to go crazy or something but it’s usually boring and nothing happens..


Yeah BTC may likely do well in 2025 but nothing is certain, you cannot predict the market due to volatility, people are always looking out for btc halving but I don't really know when it will take place but i believe if there is any bullish it should be after halving

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May 22, 2023, 07:46:51 PM
 #37

Yeah BTC may likely do well in 2025 but nothing is certain, you cannot predict the market due to volatility, people are always looking out for btc halving but I don't really know when it will take place but i believe if there is any bullish it should be after halving
If the bulls come before or after the halving, it's all about how much we hold from now on long term and target a new ATH. If you just predict and don't hold anything at this time, it's the same as nothing that will produce when bullish occurs. At least make purchases gradually. in one year it might be possible to put some money aside to start buying and holding bitcoins. Buy gradually, and make sure you hold it until a new ATH is reached, it can be overwhelming.
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May 23, 2023, 08:21:01 PM
Merited by ZAINmalik75 (2)
 #38

Just wondering how everyone feels the next 11 months will go until the Bitcoin halving?

I am counting down the months now looking forward to my first bull run next year and curious.

Are we expecting any more major crashes or should the markets start steadily rising in a few months or so or will that not happen till the end of 2023?
I am not an expert but AFAIK, we may get another chance to take a good entry into the market and can book more profits. But that is not 100% sure. Because it's just my speculation. You should check the graph for every Halving and then you might have some idea about what happened 11 months before halving.

Source

Well, the graph lacks the year 2021 halving but the previous halving must have given you the idea that before 11 months, the market has come to a downtrend. Now the question is, Do BTC has already reached and comes back from that downtrend that it has to perform 11 months before having or not? Well, if not, then you might get some opportunities to make some good profits by buying lower. Other than that, no one can assure you the major crashes, as who knows about this ordinal problem, banking problem, debt ceiling problem, devaluation of the US dollar, etc? And who knows what is coming next? The thing is we have to go with flow.

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May 23, 2023, 09:35:42 PM
 #39


Are we expecting any more major crashes or should the markets start steadily rising in a few months or so or will that not happen till the end of 2023?
11 Months more to go and we never know yet but based on the past halvings, a price increase comes next and then followed by market corrections due to people selling their coins. Though not really sure about this next year but probably it gonna similar to what happens in the coming days. Perhaps, people are expecting another ATH that is why they are holding their coins waiting for that moment to come.

But whatever happens, we still need to be prepared and make a decision wisely and most of all, we don't have to be greedy, and sell them if there is an opportunity.

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May 23, 2023, 10:09:01 PM
Last edit: May 24, 2023, 07:46:05 PM by _BlackStar
 #40

11 Months more to go and we never know yet but based on the past halvings, a price increase comes next and then followed by market corrections due to people selling their coins. Though not really sure about this next year but probably it gonna similar to what happens in the coming days. Perhaps, people are expecting another ATH that is why they are holding their coins waiting for that moment to come.
Feel free to say that the bitcoin price will recover gradually until the halving and after that bullrun can be expected. I could also consider some correction over the next 11 months, but that is part of the volatility. The price of bitcoin should have reached $40k - $50k before the halving, but without strong fundamental support and encouragement from big investors it is difficult to reach that price level.

When referring to history, the bitcoin price should have been corrected in July for several months before finally recovering. But things are different in that we have seen bitcoin has corrected in May and maybe the recovery will take place after that. Finally, prepare yourself and your portfolio well - that's the most expected.

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May 23, 2023, 10:37:16 PM
 #41


Are we expecting any more major crashes or should the markets start steadily rising in a few months or so or will that not happen till the end of 2023?
11 Months more to go and we never know yet but based on the past halvings, a price increase comes next and then followed by market corrections due to people selling their coins. Though not really sure about this next year but probably it gonna similar to what happens in the coming days. Perhaps, people are expecting another ATH that is why they are holding their coins waiting for that moment to come.

But whatever happens, we still need to be prepared and make a decision wisely and most of all, we don't have to be greedy, and sell them if there is an opportunity.

We never know what will happen to the fact that no one can predict the future. We can only base on past events but this is not guarantee that it can replicate the same effect. It we want to take the opportunity and we can able to adopt the risk then its good to start holding some bitcoins now since halving is coming.

We might see a different result but if many people still have positive insights about this event maybe we can see another pump on next halving.

R


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May 24, 2023, 07:47:55 AM
 #42

Just wondering how everyone feels the next 11 months will go until the Bitcoin halving?

I am counting down the months now looking forward to my first bull run next year and curious.

Are we expecting any more major crashes or should the markets start steadily rising in a few months or so or will that not happen till the end of 2023?
If there is no major shock in the market then I expect the market to grow a bit. The big hit was the FTX scandal and before that the Luna platform scandal. Such a hit could cause major dumping in the market. Many have predicted that the Bitcoin market will surpass $50,000 to $55,000 by 2023. I can say from my experience that in 2023 the Bitcoin market may be between $35k to $40k. In our next half 2024 the Bitcoin market can reach a maximum of $60k to $70k. In this case, if you think you will buy Bitcoin and hold it until the next halving, then you can definitely hold it. But be sure to use a secure wallet to hold your investment.
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May 25, 2023, 09:37:44 PM
 #43

Everyone expects a good return on the efforts and the investment made in the market my expectations are not too high but high as I am trying to build up a good portfolio for myself to invest in Bitcoin and other crypto projects my journey is on its way, I am expecting at least 6x to 10x of my current portfolio which is based on some Altcoins and Bitcoin I am still taking entries.in the market to stay strong and make better holdings for myself. The first portfolio build is always used to be hard but since you did it that experience Helps you a lot.

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May 25, 2023, 09:46:02 PM
 #44

Just wondering how everyone feels the next 11 months will go until the Bitcoin halving?
The expectation will be as same as the previous Bitcoin halving to meet the bullish season after waiting so long time.
But, whatever happend and the result after halving, this must be faced because sometimes, tue market may not run as what we think and expext. There are so many exceptions and possibilities what will happen to the market after halving.
But, whatever the result,I personally will prepare it well. Adding more Bitcoin is one of the wyas to do. Not selling the BTC this time because wondering tonhold u til the next bullish. What we can do right now is utilizing this market to add more coins as expected because the price is still affordable.

R


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July 01, 2023, 03:00:17 PM
 #45

What should we do. simple question but it takes preparation and if we have extra spare funds I will buy more and save some in preparation for the moment I am most looking forward to. See how the whales work they always accumulate day by day. Right now there's just a little resistance and that's code, I think, it's almost when it's time to fly. Besides that, if I'm not mistaken, every moment of the halving has a positive impact, pushing the price of Bitcoin up.

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July 03, 2023, 06:51:18 PM
 #46

Are we expecting any more major crashes or should the markets start steadily rising in a few months or so or will that not happen till the end of 2023?


Many predict that it might be in that direction, but not overall, I think. Of course, you also understand that the financial market is influenced by many factors and there are always ups and downs especially for those who are not familiar with the complexities of the crypto market. So it's good to stay here and informed until the end of this year.


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July 03, 2023, 08:53:22 PM
 #47

Are we expecting any more major crashes or should the markets start steadily rising in a few months or so or will that not happen till the end of 2023?


Many predict that it might be in that direction, but not overall, I think. Of course, you also understand that the financial market is influenced by many factors and there are always ups and downs especially for those who are not familiar with the complexities of the crypto market. So it's good to stay here and informed until the end of this year.


I guess no one knows what will actually happen when real halving  comes. But based on its history, it’s the best moment for bitcoin so most likely, there are more high expectations that bitcoin would reach 6 or 7 price digit. However, bitcoin halving will not ensure that everything will be profitable by that time. Some will still be at a loss simply because, they don’t prepare for bitcoin halving and some are just impatient to wait for that and just sell their coins at its current price.
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