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Author Topic: Less than 300 days left to halving - price predictions for The Day?  (Read 426 times)
bayu7adi
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July 03, 2023, 04:04:48 AM
 #21

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?

During the 2024 halving event, the reasonable price range for Bitcoin is expected to be around $35k-$40k. We cannot anticipate a steep surge immediately following the halving until at least one year later. The formation of the four-year cycle will depend on the public's response, possibly by Q2 2025.

If the public embraces Bitcoin at a higher price, I assume that in Q2 2025, an unexpected new ATH (All-Time High) for Bitcoin will be reached. It seems quite reasonable to expect a leap in the next ATH above $70k.
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July 03, 2023, 06:21:18 AM
 #22

We still have a few months of preparation to accumulate Bitcoin little by little in our wallets. A lot can happen in the market to be honest. Then I also see that many investors are already preparing for this matter, especially the whale investors right now I think they are ready and really positioned for that time.

That's why we as ordinary community investors should do the same so that at least we don't get zero on the day of Bitcoin's bull run.

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July 03, 2023, 07:07:35 PM
 #23

I'd put my estimate between $30K and $40K, likely nearer $30K though. This isn't to say I think bitcoin will trade between these prices until then, as I'm still anticipating a re-test around $50K to $60K before the year ends, but I think that with a continued increase (potentially based on ETF speculation) then there will be a correction back towards more "fair/balanced" prices around $30K, roughly a 50% correction.

That said, without a move to higher levels and re-testing previous highs, I still think price could move within a tight range for the next year, somewhere between $20K and $40K. I also think that after the halving, or not long after, price can start to increase dramatically (like most people think). Especially if there is a years worth of consolidation or otherwise a longer-term correction after a move to $50K to $60K.

Just my prediction anyway, based on previous price data.
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July 03, 2023, 09:28:14 PM
 #24

$40k ish maybe if I'm optimistic, $35k at most if not. The price (based on the past) dramatically increases half a year to a year after the halving so those levels should be rather reasonable imo. We might still see higher prices later this year though, but a pullback to $40k at least should probably be expected if it actually does. If not, well, we'd have a pretty long stable market for at least half a year to a year. After that would be the dramatic increase I was talking about earlier, might be at least $60k.

 

 
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July 03, 2023, 11:24:28 PM
 #25

We still have a few months of preparation to accumulate Bitcoin little by little in our wallets. A lot can happen in the market to be honest. Then I also see that many investors are already preparing for this matter, especially the whale investors right now I think they are ready and really positioned for that time.

That's why we as ordinary community investors should do the same so that at least we don't get zero on the day of Bitcoin's bull run.
Accumulate if you can, choose to hold if you can. It simply depends on the investor to how will he/she make an asset more profitable by naking use of its potential. The market is filled with sideways movement and I think same thing would happen until halving. There is a mixed  point of view at this moment; some are selling because they tend to wait for a little longer for the price to fall down. While others are just buying at this point and are willing to wait for the price to continue increasing. Question is; are you on the side you know to yourself, manageable? Ofcourse the price could move either up or down, but eitherway, would you be having your own strategy to cope up with extreme price volatility? you should.

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July 04, 2023, 09:01:49 AM
 #26

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.
Having hope is indeed good friend, but don't overdo it, because if it is not as expected with what you expect it will make you disappointed, the calculation is less than 300 days for Halving may rise and maybe not, the article if you follow the 4 -year Bitcoin cycle , Bitcoin should increase to its new ATH in 2025.

Maybe we need to wait any longer to get a price of $ 100K or more than that, I mean do not have the near future with Halving time. But if the more in the scenario of Bitcoin ATH in 2025, of course we still have a lot of time to collect bitcoin continuously

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July 04, 2023, 09:58:49 AM
 #27

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?
This has been in the forum being tackled for  year now and it sees how many posts and value being given but what we will be gaining if how much we invest and how long we will risk.
Today it is 299 days almost a year but are we truly seeing a hundred thousand value?
What i wanna find is how long will it takes after that day.
So if we are  ready to take part then post how much you are investing .

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July 04, 2023, 02:32:48 PM
 #28

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?
This has been in the forum being tackled for  year now and it sees how many posts and value being given but what we will be gaining if how much we invest and how long we will risk.
Today it is 299 days almost a year but are we truly seeing a hundred thousand value?
What i wanna find is how long will it takes after that day.
So if we are  ready to take part then post how much you are investing .
Everyone has the right to make speculation with what they want to convey, so there is no limit in that, prediction speculation is something you cannot emphasize to be reality and everyone has its own references in their argument, yes $ 100k is the main target of many People, and they believe that $ 100k will be in this cycle, but that does not mean it will happen briefly, surely we need time to achieve it, maybe we have to follow the 4-year cycle in Bitcoin if you really want to see it.

Sorry, but showing the balance is privacy, and if he shows the balance will you ask for the proof and embed his wallet address? That is not a good action for a global forum like this.

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July 04, 2023, 03:16:13 PM
 #29

The value of Bitcoin at the next halving could be around $40,000 to $50,000.

I would also bet on a figure in this range. It would be the most normal considering what happened in previous cycles, which we always have to keep in mind that it does not have to be repeated, but we can think that it is the most likely: the year before the halving after the bear market the price rises without reaching the ATH, and then moderates its rise and fall, and finally enter the bull market post halving. It is most likely that something like this will happen.

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July 04, 2023, 06:25:00 PM
 #30

A lot of people know that it will be a great period and the price will be high. So, why is it not high right now? Well, it is already 2x what the bottom was, and you think that has nothing to do with the halving? I think that is mainly the halving for sure, secondly we are not "that" close, it's still in 2024 that means next year, sure we are getting closer and less than a year left but we are not in November or December neither, so a lot of things could happen in the middle.

I believe it is already time to buy, we are even a little late to buy if we haven't bought any. I bought some and keep buying until the halving (and probably after that too) and I would suggest everyone to keep doing the same thing because it will surely go up.

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July 04, 2023, 07:06:30 PM
 #31

It's difficult to predict that what will be the price because we don't know that what will be the demand of bitcoin holders during halving as we are familiar with the fact that demand effects the price. According to expert of crypto during halving the price will go up but it is also true that most of holders will see increase and will sell their asset so indirectly the price will go down if larger number of individuals sells their bitcoin.

There are just news about halving but we are not sure that what will happen because of the characteristics of crypto that it is unstable so we just hope for the best. Everyone knows that crypto is volatile but they are buying more and more asset because of their hopes that during halving they will get their money in enhance form. If demand increases more than this then surely bitcoin price will touch 100k but these all are just estimation.









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July 04, 2023, 08:07:13 PM
 #32

A lot of people know that it will be a great period and the price will be high. So, why is it not high right now? Well, it is already 2x what the bottom was, and you think that has nothing to do with the halving? I think that is mainly the halving for sure, secondly we are not "that" close, it's still in 2024 that means next year, sure we are getting closer and less than a year left but we are not in November or December neither, so a lot of things could happen in the middle.

I believe it is already time to buy, we are even a little late to buy if we haven't bought any. I bought some and keep buying until the halving (and probably after that too) and I would suggest everyone to keep doing the same thing because it will surely go up.

It is better to not worry too much about the price when the halving happens as it does not really matter at all, since the day the halving happens will not necessarily see a pump on the price of bitcoin, and instead the increase on the price of bitcoin is a continuous process which we are even seeing right now, as after we reached the bottom and when the price seemed as if it would continue to go down, this process stopped all of the sudden, and the most likely reason for this to be the case is the halving which is slowly getting closer.
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July 04, 2023, 08:34:16 PM
 #33

It's difficult to predict price of bitcoin after the having because it's effects take long to be impacted on the market ,but  because of this people usually buy coins in anticipation that price will skyrocket immediately after the bitcoin halving and this is what actually pushes price up.
But with the halving so close I think we could jump over $50k to $60k as this is riding on new institutional investments coming in.


 
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July 04, 2023, 08:47:12 PM
 #34

Millions of investors are hoping that the price BTC should increase above $50k, on the other hand, the price of Bitcoin is very hard to predict because it's a crypto currency exchange and it's decentralized, but it is better not to be too curious about the price speculation

 
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July 04, 2023, 11:04:12 PM
 #35

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?

My reference is the last halving and it's by far the best price After halving, the price will only increase after the halving, not on the halving day we may even set a new record this next halving because so far we are getting a lot of good news and less FUDS and if this continues we have new people coming and the next halving is the big attraction for them, I find it easier to convince people to invest before the halving because of the anticipated price increase, which history proved to be correct.

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July 06, 2023, 04:59:29 PM
Last edit: July 06, 2023, 05:14:41 PM by dunfida
 #36

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?

My reference is the last halving and it's by far the best price After halving, the price will only increase after the halving, not on the halving day we may even set a new record this next halving because so far we are getting a lot of good news and less FUDS and if this continues we have new people coming and the next halving is the big attraction for them, I find it easier to convince people to invest before the halving because of the anticipated price increase, which history proved to be correct.
Majority would really be that going after or looking for after halving event because this is where usually bull run would be kicking in. Few months later on then for sure this is where that green long candle would really be seeing. This is why for those people who wants to take advantage with that kind of event then accumulating this time would be the best thing or wise thing to be done.This is why better accumulate and dont make yourself get left behind on the train.If you had missed out that before train then you shouldnt miss this one.

But of course this wont really be a smooth sail ride and this would really be still a bumpy road to take just like always. We cant really just shoot up without having no red candles and better brace yourself with
unexpected events and fundamentals which might really be able to face up and this is why you should really be wise on taking up decisions anytime you do see an opportunity to get in.

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July 06, 2023, 05:08:15 PM
 #37

We still have a few months of preparation to accumulate Bitcoin little by little in our wallets. A lot can happen in the market to be honest. Then I also see that many investors are already preparing for this matter, especially the whale investors right now I think they are ready and really positioned for that time.

That's why we as ordinary community investors should do the same so that at least we don't get zero on the day of Bitcoin's bull run.

If you are still thinking that prices will drop and then you will accumulate bitcoin, then you are wrong. Bitcoin already has moved from 16K to 31K and slowly and steadily it is moving toward its all time high. If you have this approach to catching the exact low, you may keep waiting and bitcoin price will reach its all time high or even more.

The best thing you can do is to buy some Bitcoin at the current price, and if the prices move down, do the DCA and buy more. In this way, you will get prepared for the next bull season and at the same time, you will not lose the train in case the bitcoin price move high from this point.

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July 06, 2023, 10:52:48 PM
 #38

On the actual day of halving, I wouldn't expect that much. It takes time until the pattern for the bull run is built during that time.

My reference is the last halving and it's by far the best price After halving, the price will only increase after the halving, not on the halving day we may even set a new record this next halving because so far we are getting a lot of good news and less FUDS and if this continues we have new people coming and the next halving is the big attraction for them,
I think that we're getting the pattern right. Each halving is becoming better than the past and hopefully, this one is going to be better than the last one. With that, maybe this is going to be the time that we'll see a six digit bitcoin and that will be the next support that we're all gonna be. FUD or anything that will scare the people in the market are going to be there but, they won't be as strong as the bull run for bitcoin.

I find it easier to convince people to invest before the halving because of the anticipated price increase, which history proved to be correct.
I wouldn't convince people, I'll just give them the data and history of it and let them decide.

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EFS
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July 06, 2023, 11:44:49 PM
 #39

When you predict a price that may be your target and affect your future decisions. I would acccumulate as much as coins until that day comes.
We were sure the previous bull would see 100k but it didn't get that far. I don't want to make a similar guess now. All I want is to have more Bitcoin. So the longer it stays at these prices, the better for me.

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Silberman
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July 07, 2023, 10:03:01 PM
 #40

We still have a few months of preparation to accumulate Bitcoin little by little in our wallets. A lot can happen in the market to be honest. Then I also see that many investors are already preparing for this matter, especially the whale investors right now I think they are ready and really positioned for that time.

That's why we as ordinary community investors should do the same so that at least we don't get zero on the day of Bitcoin's bull run.

If you are still thinking that prices will drop and then you will accumulate bitcoin, then you are wrong. Bitcoin already has moved from 16K to 31K and slowly and steadily it is moving toward its all time high. If you have this approach to catching the exact low, you may keep waiting and bitcoin price will reach its all time high or even more.

The best thing you can do is to buy some Bitcoin at the current price, and if the prices move down, do the DCA and buy more. In this way, you will get prepared for the next bull season and at the same time, you will not lose the train in case the bitcoin price move high from this point.
Not only is catching the bottom very difficult, as no one really knows where is the bottom, but at the same time the majority of the people that complain about it and which would have liked to buy a that moment would still not do so if given another chance, in order to buy when the price is in free fall you need to be incredibly confident on bitcoin and your own skills, as back then when the price of bitcoin was below 16k it seemed as if the price will keep falling for months, only for a reversal to come unexpectedly.
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