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Author Topic: Bitcoin will reach all-time-high before halving. - BitQuant  (Read 762 times)
philipma1957
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September 21, 2023, 01:33:31 AM
 #61

We just have to see what will happen throughout this year and next year.
And if BitQuant's prediction really comes true, it means we will see bitcoin's all-time high again after its last ATH and that would be a fantastic price jump for bitcoin.
I believe it could happen next year, either before or after the halving but unfortunately, we don't know when it will come and can only guess.
But if the price of bitcoin can reach $170000 before the halving, that means we will see a peak in the price of bitcoin, which could be above $250000, which is in line with BitQuant's predictions.
But we know that anything can happen to bitcoin and people have released many predictions about how high bitcoin will rise before the next halving.

you do understand that a price of 70k in march of 2024 would be an all-time high.

We could get to 50k in march of 2024.

and drop to 30-32 after April ½ ing more likely than 70k in march 2024. with a drop to 50-52k in April 2024

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September 21, 2023, 06:16:02 AM
 #62

I know some of you people will agree that bitcoin may reach $250000. What about bitcoin to reach all-time-high before halving? As for me, I do not think so and the all-time-high I am predicting is $170000.

His assumptions could be based on study and extensive research into the market and market trends. Although it has been said numerous times that the Bitcoin market is unpredictable, I will continue to believe some of his claims to some level. Looking back at the history of halvings, such a thing has never happened before, but that doesn't imply it won't happen hereafter.  Even if it is not expected to happen in this upcoming halving, there is a first time for everything. I also have a benefit of doubt of it happening and at the same time, I also believe it can happen.

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September 21, 2023, 10:00:42 AM
Merited by lombok (1)
 #63

I know some of you people will agree that bitcoin may reach $250000. What about bitcoin to reach all-time-high before halving? As for me, I do not think so and the all-time-high I am predicting is $170000.

His assumptions could be based on study and extensive research into the market and market trends. Although it has been said numerous times that the Bitcoin market is unpredictable, I will continue to believe some of his claims to some level. Looking back at the history of halvings, such a thing has never happened before, but that doesn't imply it won't happen hereafter.  Even if it is not expected to happen in this upcoming halving, there is a first time for everything. I also have a benefit of doubt of it happening and at the same time, I also believe it can happen.

It's all just a prediction but my prediction is that history will repeat itself, I don't believe there will be a bull market and bitcoin hits ATH before the halving. Everything needs a catalyst and before the halving do we have an event big enough to trigger a bull season? Not to mention we are in an economic crisis and terrible inflation so thinking about a price increase season is not feasible. I even suspect that we will have a different bull season than usual and it may happen later because looking at the world economic situation there is still not much optimism. Everything is affected by the world economy and bitcoin is no exception.

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September 21, 2023, 10:41:13 PM
 #64

The next halving and the bull run we have been waiting for, is few months from now(not longer far). If this should happen(which I doubt), we will be longing for it to happen around February or March before the halving.

Despite this, it will be a moment in history, and many crypto investors would love to sell their bitcoin for profits to that and even try to buy at a lower price during the halving season because undoubtedly the price of bitcoin will increase back in price due to many must have sold at a high price before halving, which caused the decrease price.

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September 22, 2023, 12:51:02 AM
 #65

(....)
I know some of you people will agree that bitcoin may reach $250000. What about bitcoin to reach all-time-high before halving? As for me, I do not think so and the all-time-high I am predicting is $170000.
I am not really hoping high here or just having hopium.
What I am expecting and I am already happy for Bitcoin is just to create a new all-time high before the Bitcoin block halving.
That is what I am expecting because of the history of Bitcoin block halvings that happened before.

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September 22, 2023, 01:36:17 AM
 #66

-
I am not really hoping high here or just having hopium.
What I am expecting and I am already happy for Bitcoin is just to create a new all-time high before the Bitcoin block halving.
That is what I am expecting because of the history of Bitcoin block halvings that happened before.
If the price of bitcoin can reach an all-time high before the halving, then of course everyone will definitely expect higher prices after the halving. I tend to expect an ATH to happen after the halving, but it wouldn't be a bad thing if it happened sooner than expected. I don't expect it to come so quickly, but I can expect $40k - $50k before the 2024 halving.

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September 22, 2023, 04:04:50 AM
 #67

-
I am not really hoping high here or just having hopium.
What I am expecting and I am already happy for Bitcoin is just to create a new all-time high before the Bitcoin block halving.
That is what I am expecting because of the history of Bitcoin block halvings that happened before.
If the price of bitcoin can reach an all-time high before the halving, then of course everyone will definitely expect higher prices after the halving. I tend to expect an ATH to happen after the halving, but it wouldn't be a bad thing if it happened sooner than expected. I don't expect it to come so quickly, but I can expect $40k - $50k before the 2024 halving.

Even ignoring the historical factor, I don't think there will be a bull season before the halving because looking at the current economic situation, I don't think people will invest heavily in risky assets like bitcoin. I mean, to have a bull market, we need new money flowing into the market, but with everyone still struggling to cope with inflation, I don't think it would be wise to fuel a bull market this year. Anything can happen but I don't think there will be any surprises for us.

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September 22, 2023, 06:45:43 AM
 #68


It's all just a prediction but my prediction is that history will repeat itself, I don't believe there will be a bull market and bitcoin hits ATH before the halving. Everything needs a catalyst and before the halving do we have an event big enough to trigger a bull season? Not to mention we are in an economic crisis and terrible inflation so thinking about a price increase season is not feasible. I even suspect that we will have a different bull season than usual and it may happen later because looking at the world economic situation there is still not much optimism. Everything is affected by the world economy and bitcoin is no exception.

Halving is like fuel for a bull run. And that is proven in the history of Bitcoin's price journey to this day. BTC prices grow rapidly after the halving occurred for 1 full year. Even if there is a line of Bitcoin ETFs that are accepted, it will not necessarily trigger a bull run that is the same as the bull run after the halving, although there will be a price increase but it will be temporary.

What you say about the current state of the world economy is very relevant and influences BTC price movements. Not to mention the added policies of the Fed regarding interest rates and other things which will definitely influence Bitcoin movements.

Correct me if I'm wrong please.

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September 22, 2023, 07:12:31 AM
 #69

-
I am not really hoping high here or just having hopium.
What I am expecting and I am already happy for Bitcoin is just to create a new all-time high before the Bitcoin block halving.
That is what I am expecting because of the history of Bitcoin block halvings that happened before.
If the price of bitcoin can reach an all-time high before the halving, then of course everyone will definitely expect higher prices after the halving. I tend to expect an ATH to happen after the halving, but it wouldn't be a bad thing if it happened sooner than expected. I don't expect it to come so quickly, but I can expect $40k - $50k before the 2024 halving.
if this happens this time , the essence of halving and its effect will surely change and same as the belief of people in the said bitcoin miner events.
for how many times that we managed to see its effect? but this time it well change though I doubt by any chance it will happen.









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September 22, 2023, 12:48:57 PM
 #70


It's all just a prediction but my prediction is that history will repeat itself, I don't believe there will be a bull market and bitcoin hits ATH before the halving. Everything needs a catalyst and before the halving do we have an event big enough to trigger a bull season? Not to mention we are in an economic crisis and terrible inflation so thinking about a price increase season is not feasible. I even suspect that we will have a different bull season than usual and it may happen later because looking at the world economic situation there is still not much optimism. Everything is affected by the world economy and bitcoin is no exception.

Halving is like fuel for a bull run. And that is proven in the history of Bitcoin's price journey to this day. BTC prices grow rapidly after the halving occurred for 1 full year. Even if there is a line of Bitcoin ETFs that are accepted, it will not necessarily trigger a bull run that is the same as the bull run after the halving, although there will be a price increase but it will be temporary.

What you say about the current state of the world economy is very relevant and influences BTC price movements. Not to mention the added policies of the Fed regarding interest rates and other things which will definitely influence Bitcoin movements.

Correct me if I'm wrong please.

As I said, it's all just a prediction, and everyone's prediction is different. Maybe you and I think the same way, but there's nothing wrong with other people thinking differently than we do. When we talk about the future, it means it hasn't happened yet so no one is right and no one is wrong. But I prefer to rely on actual data to make predictions rather than just expectations and making predictions based on our wishes. I also want bitcoin to increase in price and reach an all-time high as soon as possible, but I know that is not possible.


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September 23, 2023, 06:36:58 AM
 #71

-
I am not really hoping high here or just having hopium.
What I am expecting and I am already happy for Bitcoin is just to create a new all-time high before the Bitcoin block halving.
That is what I am expecting because of the history of Bitcoin block halvings that happened before.
If the price of bitcoin can reach an all-time high before the halving, then of course everyone will definitely expect higher prices after the halving. I tend to expect an ATH to happen after the halving, but it wouldn't be a bad thing if it happened sooner than expected. I don't expect it to come so quickly, but I can expect $40k - $50k before the 2024 halving.
if this happens this time , the essence of halving and its effect will surely change and same as the belief of people in the said bitcoin miner events.
for how many times that we managed to see its effect? but this time it well change though I doubt by any chance it will happen.


If that really happens, people will immediately doubt the halving event and assume that it will no longer be important.  furthermore, for bitcoin to reach its all-time high before the halving, we would need a very large event to do so.  but looking at the current economic situation, I don't think there will be any surprise strong enough to make bitcoin increase so strongly. 

Inflation is still there, the crisis is still there and the economy needs time to recover.  plus, we haven't even crossed $30K yet, so how can we dare to think there will be an ATH before the halving when halving is closer to us than ever?

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September 23, 2023, 09:02:26 AM
 #72

(....)
I know some of you people will agree that bitcoin may reach $250000. What about bitcoin to reach all-time-high before halving? As for me, I do not think so and the all-time-high I am predicting is $170000.
I am not really hoping high here or just having hopium.
What I am expecting and I am already happy for Bitcoin is just to create a new all-time high before the Bitcoin block halving.
That is what I am expecting because of the history of Bitcoin block halvings that happened before.

I have a feeling that bitcoin may not hit another ATH pre-halving. Usually it would fall several months after the halving.
Just like how the last 3 halving have turned out. Everyone were expecting another ATH, and the value were unprecedentedly higher than what was everyone was expecting, well expect for those who were over hyped with their 6 digit predictions.
Bitcoin may still fall below $25k even if we are getting closer to the date of the halving, but I'm pretty sure it'll kinda bounce back stronger a few months after.

R


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September 23, 2023, 10:23:49 AM
 #73

(....)
I know some of you people will agree that bitcoin may reach $250000. What about bitcoin to reach all-time-high before halving? As for me, I do not think so and the all-time-high I am predicting is $170000.
I am not really hoping high here or just having hopium.
What I am expecting and I am already happy for Bitcoin is just to create a new all-time high before the Bitcoin block halving.
That is what I am expecting because of the history of Bitcoin block halvings that happened before.

I have a feeling that bitcoin may not hit another ATH pre-halving. Usually it would fall several months after the halving.
Just like how the last 3 halving have turned out. Everyone were expecting another ATH, and the value were unprecedentedly higher than what was everyone was expecting, well expect for those who were over hyped with their 6 digit predictions.
Bitcoin may still fall below $25k even if we are getting closer to the date of the halving, but I'm pretty sure it'll kinda bounce back stronger a few months after.
It would be always post-halving and we never ever have that able to experience that it did happen on pre-halving season but we know that this is where hype do really starts on kicking on which it would really be just that somewhat not that shocking that people would really be making out assumptions that it could happen and we know that probabilities could really happen but we do know that bull run do usually kicks in on the time that halving event had already happened and it would really be taking a few several months before it would really be able to shoot up its price. We cant really be able to tell on when it would happen because its never been that
predictable in the first place about on the said event. The wise thing to be done is on how you would really be making yourself do accumulate while prices are still cheap. Hesitant on doing so?
When you would be considering on taking up such step when the market is already that high? Dont make yourself that miss out that opportunity once again.

R


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September 23, 2023, 10:52:57 AM
 #74

(....)
I know some of you people will agree that bitcoin may reach $250000. What about bitcoin to reach all-time-high before halving? As for me, I do not think so and the all-time-high I am predicting is $170000.
I am not really hoping high here or just having hopium.
What I am expecting and I am already happy for Bitcoin is just to create a new all-time high before the Bitcoin block halving.
That is what I am expecting because of the history of Bitcoin block halvings that happened before.

I have a feeling that bitcoin may not hit another ATH pre-halving. Usually it would fall several months after the halving.
Just like how the last 3 halving have turned out. Everyone were expecting another ATH, and the value were unprecedentedly higher than what was everyone was expecting, well expect for those who were over hyped with their 6 digit predictions.
Bitcoin may still fall below $25k even if we are getting closer to the date of the halving, but I'm pretty sure it'll kinda bounce back stronger a few months after.

And I think that what's history tells us and I don't see the pattern breaking off. So in the next 6 months we will be having our halving. But as you can see we are way our last all time high and I don't see it getting breach. I'm not even seeing the price getting to $50k pre-halving, and the best price that we can muster is around $30k so far.

So there's no new trend here, it will be way below the last all time high. And we will go at least touch the last all time high after the block halving. So still the best time to accumulate for now till the block halving.
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September 26, 2023, 06:28:04 AM
 #75

-
I am not really hoping high here or just having hopium.
What I am expecting and I am already happy for Bitcoin is just to create a new all-time high before the Bitcoin block halving.
That is what I am expecting because of the history of Bitcoin block halvings that happened before.
If the price of bitcoin can reach an all-time high before the halving, then of course everyone will definitely expect higher prices after the halving. I tend to expect an ATH to happen after the halving, but it wouldn't be a bad thing if it happened sooner than expected. I don't expect it to come so quickly, but I can expect $40k - $50k before the 2024 halving.
if this happens this time , the essence of halving and its effect will surely change and same as the belief of people in the said bitcoin miner events.
for how many times that we managed to see its effect? but this time it well change though I doubt by any chance it will happen.


If that really happens, people will immediately doubt the halving event and assume that it will no longer be important.  furthermore, for bitcoin to reach its all-time high before the halving, we would need a very large event to do so.  but looking at the current economic situation, I don't think there will be any surprise strong enough to make bitcoin increase so strongly. 

Inflation is still there, the crisis is still there and the economy needs time to recover.  plus, we haven't even crossed $30K yet, so how can we dare to think there will be an ATH before the halving when halving is closer to us than ever?
indeed
that is a sad part, because we have believed that halving is the reason why market
is bullying and that would effect all of us in that matter.
like me have expect so much from halving , and now? before halving there are a ATH breaking? maybe there are nothing that comes in believing .
but waiting for that big event? i doubt there are something coming in the next given days.









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September 26, 2023, 08:24:29 PM
 #76

And I think that what's history tells us and I don't see the pattern breaking off. So in the next 6 months we will be having our halving. But as you can see we are way our last all time high and I don't see it getting breach. I'm not even seeing the price getting to $50k pre-halving, and the best price that we can muster is around $30k so far.

So there's no new trend here, it will be way below the last all time high. And we will go at least touch the last all time high after the block halving. So still the best time to accumulate for now till the block halving.
Like all patterns at some point it may be broken but I do not think the market is ready for it now, and this is because even if the power of the halving has been weakening over the years as the amount of bitcoin left to mine is getting lower, at the same time we have more money than ever moving in bitcoin and yet there are still many people which have not adopted it, and with the expectations the halving will create a serious pump, all of those people will push bitcoin to experiment another bull run some time after the halving happens.

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September 26, 2023, 08:34:04 PM
 #77

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Like all patterns at some point it may be broken but I do not think the market is ready for it now, and this is because even if the power of the halving has been weakening over the years as the amount of bitcoin left to mine is getting lower, at the same time we have more money than ever moving in bitcoin and yet there are still many people which have not adopted it, and with the expectations the halving will create a serious pump, all of those people will push bitcoin to experiment another bull run some time after the halving happens.

I believe the halving will indirectly encourage a gradual increase in the price of bitcoin. Miners who have to accept smaller rewards really hope that the price of bitcoin is commensurate with the costs they incur to run the industry, but if this fails then the miners will go bankrupt and this will impact the industry as well.

Halving must be able to encourage a reasonable price increase, not just take everything out and throw it away. I don't expect that to happen to bitcoin although there are concerns about it.

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October 03, 2023, 08:35:31 PM
 #78

Like all patterns at some point it may be broken but I do not think the market is ready for it now, and this is because even if the power of the halving has been weakening over the years as the amount of bitcoin left to mine is getting lower, at the same time we have more money than ever moving in bitcoin and yet there are still many people which have not adopted it, and with the expectations the halving will create a serious pump, all of those people will push bitcoin to experiment another bull run some time after the halving happens.

I believe the halving will indirectly encourage a gradual increase in the price of bitcoin. Miners who have to accept smaller rewards really hope that the price of bitcoin is commensurate with the costs they incur to run the industry, but if this fails then the miners will go bankrupt and this will impact the industry as well.

Halving must be able to encourage a reasonable price increase, not just take everything out and throw it away. I don't expect that to happen to bitcoin although there are concerns about it.
Miners are in fact one of the groups which begin to put forward pressure so the price begins to go up, because as we know it is on their best interests that the price of bitcoin keeps growing so they can keep mining and keep themselves in business, in fact this is probably the last test for bitcoin about its long term availability, as the more halvings pass and the block reward goes down then the miners will have to survive just with the fees they get from the transactions in each block, and we still do not know yet if they will be able to do it with any certainty.

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October 03, 2023, 09:24:54 PM
 #79

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Like all patterns at some point it may be broken but I do not think the market is ready for it now, and this is because even if the power of the halving has been weakening over the years as the amount of bitcoin left to mine is getting lower, at the same time we have more money than ever moving in bitcoin and yet there are still many people which have not adopted it, and with the expectations the halving will create a serious pump, all of those people will push bitcoin to experiment another bull run some time after the halving happens.

I believe the halving will indirectly encourage a gradual increase in the price of bitcoin. Miners who have to accept smaller rewards really hope that the price of bitcoin is commensurate with the costs they incur to run the industry, but if this fails then the miners will go bankrupt and this will impact the industry as well.

Halving must be able to encourage a reasonable price increase, not just take everything out and throw it away. I don't expect that to happen to bitcoin although there are concerns about it.
Concerning about miners profitability which on this upcoming halving which it would be cut in half then of course it would be needing to compensate for them to continue running.

Made out some search and i do found this;
Bitcoin miners need BTC price over $98K by the halving — Analysis
https://cointelegraph.com/news/bitcoin-miners-btc-price-98k-halving

So if we do have this kind of numbers, so does mean that with the current price of $27k+ is something that a losing or non profitable venture for them? Well literally yes it is
but surprisingly they are really that willing on pushing up such thing. $96k is really just that too big of a number but we arent that dumb on having at
least the picture about on where we could possibly be able to hit up.

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October 05, 2023, 02:51:51 PM
 #80

As for me, I do not think so and the all-time-high I am predicting is $170000.
At times, hearing more logical predictions tends to instill greater confidence in the analysis being conducted. $170,000 seems more grounded than the exuberant $1 million figure. Personally, I've set a sell target in the range of $80,000 to $100,000, which, based on my prior investments, would yield a profit of at least 200% relative to my current average purchase price.

Moreover, the concept of an ATH before the halving is something novel in my perspective. It defies the usual cycle, but I view it as yet another opportunity to potentially double up on profits.
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