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Author Topic: Less than 300 days left to halving - price predictions for The Day?  (Read 426 times)
Minosse (OP)
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July 02, 2023, 09:32:54 AM
 #1

Today it's 299 days left to halving, according to BitcoinHalving.info . It seems like yesterday that the last event occurred, but time flies.

How much do you think BTC will be on the Halving day?
mvdheuvel1983
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July 02, 2023, 10:02:17 AM
 #2

How much do you think BTC will be on the Halving day?
There is a lot of anxiety right now. A lot of people are worried that they would miss bitcoin at $200k but what they do not know is that from all indications it doesn't seem that bitcoin will go to six-figures. The value of Bitcoin at the next halving could be around $40,000 to $50,000.

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July 02, 2023, 10:24:55 AM
 #3

there's no doubt that we are all expecting a big turnaround and sudden price surge on bitcoin but we've forgotten there are two things possible, either the price increases or decreases but how do we predict about the outcome of the price?
Yes we know that certainly we must get another new price level since we had this belief that we must witness another ATH but we can't say with assurance to what the price would be so we are only being optimistic that we might see bitcoin from $100k above but we are certain that is why we have to utilize every given opportunities to buy and hold in other not to missed the bull trends.

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July 02, 2023, 12:14:03 PM
 #4

It won't happen immediately when the halving immediately there is a big pump going bullish but after the halving event there will be a few more months for a bigger pump, I predict this will be the same as the previous cycle but the scenario is always different from the reality but I believe in the price of bitcoin will be high (ATH).

There is always a lot of speculation that 100K is a very idealistic price, but for me it will be more than that, we as small investors certainly expect a higher price than 100K, but it's enough to make sure that we still have time to continue collecting bitcoins before the price flies.

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July 02, 2023, 12:29:47 PM
 #5

On the exact day that the halving happens? Thats very hard to predict, I would not be able to do so. I am "guessing" that its going to be 40k+ by the time we get there, I do not know what the exact price would be but what would make me happy would be 40k or more. Not that it has to, if its still lower than that then I would be still happy to keep holding my coins and there is nothing wrong with that, it could be even lower than right now and I would still be happy about it. But if we could somehow reach 40k, which could be 41k or 50k doesn't matter, then I will be quite happy about it. We haven't been there for a long time and I am really hoping for it to be a lot better on the long run if possible.

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July 02, 2023, 12:39:49 PM
 #6

I have a conservative prediction in mind! It is possible that Bitcoin could be in the range of $30k to $40k around the time of the halving. Historically, the real bull runs usually occurs in the year following the halving. That is when things get crazy! If history repeats itself, we could indeed see a substantial price increase, potentially reaching $100k or even more in the subsequent bull run.

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July 02, 2023, 01:15:40 PM
 #7

historically (from my memory) before an halving occurred, the price is not in a moment of "pump" but this occurs immediately some months after.
for this halving I wouldn't be surprised at a price of around 35/36K dollars (bear in mind we have already a +60% in 6 months!)
this does not mean that higher prices are not possible (I see it as less likely)...

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July 02, 2023, 01:43:53 PM
Merited by imamusma (1)
 #8


How much do you think BTC will be on the Halving day?
The halving does not change the price with an instantaneous effect. It is not a linear function or a mathematical equation. When one of the parties changes in it, the other party changes directly. Rather, there are many variables, and halving is one of them, but its effect is in the long term, not the short one. Therefore, after halving in several months, until we see the effect, this effect will not appear. Within a day, two days, not even a month, two months.

Therefore, the price is normal or 5% higher than the price during the past month, and I expect it to be in a range between $35,000 and $42,000.

You can see that after every halving bitcoin is taking longer to rise.


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July 02, 2023, 02:03:35 PM
 #9


How much do you think BTC will be on the Halving day?

I would take my predictions based on what happen last halving (year 2020), bitcoin was at a lower price two months before the the 11th May halving and then prior to the day of halving it surge up to close to 3x the price it was two months before then. This could be as a result of investor’s accumulating more which caused a price increase. Then five days to the halving it came down a little bit probably because some investors took profit out of the market. The real bull run started around January 2021.

So base on this, I think with bitcoin around $30k we could see it dump to like close to $20k ending of this year and the start of next year, then a surge to like 40k month to the halving and then it will fluctuate up and down till say January 2025 where a big bull might happen which could take the price well beyond the $70k.

All these predictions or speculations are subjected to change because the economic activity or government policies affects bitcoin trend. So should we be faced with any strict regulations or probably countries relaxing there restrictions towards bitcoin it could see the price deviate from the usual past trends

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July 02, 2023, 02:53:27 PM
 #10

The halving does not change the price with an instantaneous effect. It is not a linear function or a mathematical equation. When one of the parties changes in it, the other party changes directly. Rather, there are many variables, and halving is one of them, but its effect is in the long term, not the short one. Therefore, after halving in several months, until we see the effect, this effect will not appear. Within a day, two days, not even a month, two months.
I didn't hope the effect to come so quickly even though the demand for the coin in the market will increase before halving. The price increase will take place gradually and of course it will take quite a long time for that. Currently we are still in the pre halving, many people are accumulating bitcoin and making entries to get bitcoin at low prices. Of course because they expect a big return after the halving in 2024.

Even so, in my opinion, a price correction is still very likely to occur because we are still quite far from the halving. So instead of worrying too much about price at halving, I still tend to think about preparing my investment portfolio better.

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July 02, 2023, 03:14:31 PM
 #11

$40,000-$50,000

In the first halving that I experienced (during the pandemic), the price of Bitcoin doesn't have an immediate impact after the halving happened. Though some investors are very excited that it happened, miners on the other hand felt the opposite because their rewards will decrease by half. The price of Bitcoin increased gradually months after the halving, and we saw it happen during the final months of 2020, and the start of 2021.

Well, just basing on history, price of Bitcoin goes up months after the halving happens. Though there is still a chance that it might not happen in the next halving, we have a clear picture of what might happen months after the halving happens.

 
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July 02, 2023, 04:15:51 PM
 #12

It won't happen immediately when the halving immediately there is a big pump going bullish but after the halving event there will be a few more months for a bigger pump, I predict this will be the same as the previous cycle but the scenario is always different from the reality but I believe in the price of bitcoin will be high (ATH).

There is always a lot of speculation that 100K is a very idealistic price, but for me it will be more than that, we as small investors certainly expect a higher price than 100K, but it's enough to make sure that we still have time to continue collecting bitcoins before the price flies.

Maybe the price will go up long before the halving. Or it rises in a certain pattern after the halving. The predictions are very different from each other, but everyone's common opinion is that there will be an ascension. It shows us that if we look at the word meaning of Halving, it will logically rise. The important thing here is to live this moment with bitcoin in your hand while this rise takes place.

I can't predict the Bitcoin price but I think it will go above 100k as everyone has said.
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July 02, 2023, 06:11:39 PM
 #13

It’s a tough question to accurately predict an answer but just for fun, I will participate. On the day of the halving I will make a prediction that the price will be $52,000. I don’t think we’ll be at the ATH by the time the halving happens but we won’t be too far away. There are so many variables as to what could happen but $52,000 is a good estimate I think but we will see, not long to go now.

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July 02, 2023, 06:30:28 PM
 #14

I predict we will be at $43,632 when the halving occurs. This marks a pretty huge percentage increase from where we are, but it is also somewhat important to say I believe that price will mark a short term high and the price will drop afterwards, maybe retesting where we are now before making its big run in 2025, which I believe will take us north of $200,000.

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July 02, 2023, 07:23:44 PM
 #15

The price of bitcoin have actually perform pretty good this season when it is expected to go down in expectation of the halving. If the price have stayed this high compared to how it has been dropping then I think the price after halving may be about 500% or 600% from its current price especially with the expectation on the next halving.

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July 02, 2023, 08:48:27 PM
 #16

How much do you think BTC will be on the Halving day?
On the day of the halving, there won't be much of a price to expect if history repeats itself. based on past halving event that has occurred in the crypto space. Although when the price of Bitcoin does increase is months after the halving season.
So therefore, I can predict that the price of bitcoin will be $40k on the day of the halving. Then, a few months later, bitcoin can frequently soar to a new all-time high of $100k above. 

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July 02, 2023, 09:04:05 PM
 #17

It will be ironic possibly if we repeat the last trajectory found leading upto the last halvening bigger events in the world will be far more important then this internal blockchain news.     Always you have to include the fact its a known event ahead of time in a more precise way then normal.   So we have a big weakness in price before the last halvening and despite the recovery which was bullish we had a lagging overhang on negative sentiment from that for months after.  In July DXY dollar index became quite weaker, so thats my take this time when we lose 100 DXY I will be looking for a more bullish BTC price action. 
  I will estimate 30k to 40k until there is a much better reason to think otherwise.  I actually think the price long after halvening is where we develop a positive trend not so much before or on the day itself.

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July 02, 2023, 09:07:33 PM
 #18

I think it wouldn't touch the all time high yet during the halving day maybe it will be around $45-$50k and then we will just go up. At 300 days there are a lot of things that may happen but if we aren't yet finished the accumulation phase then it's likely we will just be in this zone for a long time, ranging $30k-$45k and for me that isn't a bad thing at all if you want to prepare the next bull run.

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July 02, 2023, 10:25:19 PM
 #19

The price of bitcoin have actually perform pretty good this season when it is expected to go down in expectation of the halving. If the price have stayed this high compared to how it has been dropping then I think the price after halving may be about 500% or 600% from its current price especially with the expectation on the next halving.

2024 will be a year that is eagerly awaited. We will see the block reward halving of the largest cryptocurrency for the fourth time. If we consider that the BTC price has increased tenfold in just one year in the halving in 2020, we can speak positively for the halving in 2024. Actually it should be ready in the macroeconomic conditions that will support the Bitcoin price during halving periods. I think that the halving will not have the expected effect unless the world economy is freed from inflation and the danger of recession.

I think economic conditions around the world need to improve for us to see the days when money somehow flows into the crypto market. I'm not desperate for the 2024 halving but i'm not in extreme bullish. The price will settle in a certain place within the framework of economic conditions. My purely personal prediction (this is an estimate and not investment advice) is that BTC will be over $60k  for 2024. I don't think we can see very high levels for now.

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July 03, 2023, 02:15:12 AM
 #20

Median value prediction $34772, range $30611-$38934
....too precise?  Grin
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