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Author Topic: What are we expecting from now until Bitcoin halving?  (Read 475 times)
Dr.Bitcoin_Strange
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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.

 
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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.

 
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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.

 
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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.


 
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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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