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Author Topic: BITCOIN HALVING COUNTDOWN IS ON – WILL CRYPTO PRICES RISE?  (Read 453 times)
djquimoso (OP)
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September 21, 2023, 10:14:23 AM
 #1

Certainly, the upcoming Bitcoin halving event in 2024 has generated significant excitement and anticipation within the cryptocurrency community, and your assessment of its potential impact on the cryptocurrency’s price is well-founded. Read more at https://cryptonews.soundtrip.store/bitcoin-halving-countdown-is-on-will-crypto-prices-rise/
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September 21, 2023, 10:23:56 AM
 #2

If we should use past halving to analyze and conclud, after some months after bitcoin halving, the price if bitcoin will increase. After a more than a year, bitcoin will increase more and reach all-time-high. I do not think we need to read any article about it, it is what we all know on this forum. After 2024 halving, be expecting bitcoin price to increase.

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Davidvictorson
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September 21, 2023, 11:18:52 AM
 #3

It would be an anomaly if the price of bitcoin doesn't rise even before and after the halving. It would be the first time it would ever happen, but then this is not going to happen because history always repeats itself. The first bitcoin halving event was on November 28, 2012, bitcoin price rose up to $12.3. In the second bitcoin halving on July 9, 2016, the price increased to $680 and in the third halving on May 11, 2020 bitcoin's price increased to $8,590. You can see that historical evidences. Since that time the interest of the public and institutions in bitcoin has grown. Therefore, we will see a gradual increase in the price of Bitcoin before, during and after the halving in 2024.

* www.bitcoinsensus.com/bitcoin-halving-countdown/
* coinpedia.org/beginners-guide/what-is-bitcoin-halving/


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September 21, 2023, 02:13:09 PM
 #4

I think quite a bit in terms of probabilities, not just in the realm of investing or betting, but in life in general. In this regard I think it is most likely that we will have a bull run after halving and the price will go over $100K. After that I am not sure of anything and given what has happened this cycle I do not trust much of any prediction I see, because there are so many things that can happen that can influence the price and that we cannot foresee a priori, that no matter how much data is taken into consideration and how many charts are drawn, for me they have a low reliability.

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Honyek
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September 21, 2023, 02:36:51 PM
 #5

Crypto price may rise or may not rise depending on the demand and supply of it. Everything about the price increment before halving is on a guess line. What is more probable is after the halving itself, sometime after that. That is when the continuous increment normally occurs, and one can count on that as formerly.
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September 21, 2023, 02:42:56 PM
 #6

Certainly, the upcoming Bitcoin halving event in 2024 has generated significant excitement and anticipation within the cryptocurrency community, and your assessment of its potential impact on the cryptocurrency’s price is well-founded. Read more at https://cryptonews.soundtrip.store/bitcoin-halving-countdown-is-on-will-crypto-prices-rise/

History always repeat itself especially on Bitcoin Halving which literally all halving result to price pump. Although there’s still a chance that price won’t react but this event is already significant to Bitcoin holders which makes holder become positive to buy more.

It’s a ripple of buy due to speculation and we all know how powerful the hype once the price is already moving upwards while everyone is thinking about pump due to the halving. It’s high probability that Bitcoin will pump before, during, and after halving.

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TheSpiral
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September 21, 2023, 05:43:42 PM
 #7

Everyone get excited because they are in hope of getting more during halving as this period is unpredictable where they don't know about price that it will increase or decrease but halving is sure to be occur in next year.

After every four years halving take place but we dont know that how will be the coming halving? will there be a prosperous event as occurred in the past? or will it be change from the history?

Everyone accumulate bitcoin and so many other currencies because they know that whenever increase occur as a result of halving their holded coins will automatically increase to permit fruitful results to its holders.

As previously we experienced that during and after halving the price was so good that everyone take benefit from it therefore buy asset that you can and let wait some months.
Sexylizzy2813
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September 21, 2023, 05:51:49 PM
 #8

If we're talking about the upcoming halving I know some of you has already lost hope of Bitcoin price getting to a specific amount before the end of this year, either going up or down. So if this halving is to happen next year, how much are we expecting at first? $70k in the first week? Or $100k?
I'm asking because the expectations are very high on this upcoming halving, from the over hyped event it seems we're expecting something more than $70k.
I believe similar thing was said to happen this year sometime last year, which didn't, what if we don't have the expected halving come next year?

R


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Dave1
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September 21, 2023, 08:09:49 PM
 #9

Certainly, the upcoming Bitcoin halving event in 2024 has generated significant excitement and anticipation within the cryptocurrency community, and your assessment of its potential impact on the cryptocurrency’s price is well-founded. Read more at https://cryptonews.soundtrip.store/bitcoin-halving-countdown-is-on-will-crypto-prices-rise/

Not clicking on that link though, but in any case, everyone should be excited about the upcoming halving, specially those who have been holding bitcoin for so long because it's that time that you will see how your profits is going to be.

Regarding the question of it the price is going to increase, I would say yes, based on it's historical past. Just look at the last halving, we went as low as $3k if I'm not mistaken, but ended up with a bull run of $69k. So most likely if we are going to look at a new all time high, it should be $70k++ as a good starting point.

R


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Frankolala
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September 21, 2023, 08:49:56 PM
 #10

Base on history, bitcoin price will increase after the halving. The halving brings the bull run and during the bull run there will always be an ATH. This is why you see that many investors are stacking their bags with bitcoin preparing for the bull run, and those that don't have any, are looking for a way to invest in bitcoin, because it is certain that history will repeat itself again.

I have never witnessed bitcoin halving or the bull run, and this will be my first but from what people that have experienced it before are saying, it shows that the halving will be a major factor that will pump bitcoin price to 100k and above. I will be waiting to witnedd this great events, to see the new ATH of bitcoin price and to also take profit from my investment.

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September 21, 2023, 08:56:52 PM
 #11

Certainly, the upcoming Bitcoin halving event in 2024 has generated significant excitement and anticipation within the cryptocurrency community, and your assessment of its potential impact on the cryptocurrency’s price is well-founded. Read more at https://cryptonews.soundtrip.store/bitcoin-halving-countdown-is-on-will-crypto-prices-rise/

My wild and educated guess, at least $100,000 as the benchmark for a new all time high. But don't quote me on that, as it is just some prediction on my end, just some numbers that pop up in my mind.

But as what others have explained, yes in the past halvings, it just shows that after some months, the bull run will start and right after a year, we might have double the last ATH already. But it's just the start as it could still continue up to 2025 last quarter and established a new ATH for this block halving.

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September 21, 2023, 09:14:05 PM
 #12

History had always shown us that BTC always got injected with enough money to bring it to its highest, but BEFORE halving took place. I didn't see any moment in my entire crypto journey where BTC got to run higher after halving was done and that's because institutions know very well that people start buying huge chunks of BTC staking their everything just before the halving, and hope that the price will rise. Then these big giants testify the patience of average investors where mostly sell off and move out of the markets, and after few months of halving, BTC skyrockets.  Wink

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September 21, 2023, 09:32:36 PM
 #13

My wild and educated guess, at least $100,000 as the benchmark for a new all time high. But don't quote me on that, as it is just some prediction on my end, just some numbers that pop up in my mind.

But as what others have explained, yes in the past halvings, it just shows that after some months, the bull run will start and right after a year, we might have double the last ATH already. But it's just the start as it could still continue up to 2025 last quarter and established a new ATH for this block halving.

I am also predicting or say speculating at a price beyond the 100,000$ mark at least that would be the like a double of the current all time high. The new price will probably be witnessed around mid 2025 since the bull run is at its peak almost a year after the halving period has occurred. The only thing that can affect this from repeating it self is some conditions surrounding the market like exchange news and other regulations which could also have there own impact on the the market too

R


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Mahanton
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September 21, 2023, 09:50:42 PM
 #14

Certainly, the upcoming Bitcoin halving event in 2024 has generated significant excitement and anticipation within the cryptocurrency community, and your assessment of its potential impact on the cryptocurrency’s price is well-founded. Read more at https://cryptonews.soundtrip.store/bitcoin-halving-countdown-is-on-will-crypto-prices-rise/
Hype and interest would surely becoming even more stronger as the Bitcoin halving day would approach on which it is something that would really be might happening and basing up into those previous halving then this had been the common set up or behavior but expect that bull run would kick in after several months after post-halving thing which its already the main thing on where crypto people are really that expecting but of course you wont really be making out assurance because we cant really be able to tell whether this upcoming bull run would really be that significant or making huge move compared with the past or not or doesnt really have
any bull run at all.  Tongue

The thing that you should mind now is on how you would really be accumulating on coins which does have the potential and of course Bitcoin would be on the main list. Im also considering on stashing some
altcoins too in my bag on which it would really be that having the potential on additional add up on the time that the market would really be kicking in.
We are all anticipating for such event on which it would really be just that normal that positivity and being optimistic which these things would take play.

R


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September 21, 2023, 09:57:13 PM
 #15

Certainly, the upcoming Bitcoin halving event in 2024 has generated significant excitement and anticipation within the cryptocurrency community, and your assessment of its potential impact on the cryptocurrency’s price is well-founded. Read more at https://cryptonews.soundtrip.store/bitcoin-halving-countdown-is-on-will-crypto-prices-rise/

It is very natural that there are many people who are excited to welcome the Bitcoin halving next year, because most people are also starting to reflect on the previous Bitcoin halving which could provide significant changes to its price in the market, making many people start making anticipation as a preparation before the halving comes.

I am also quite happy with the Bitcoin halving moment, although it is not yet certain whether next year's Bitcoin halving will be better than the previous one. But we can all see from the excitement and anticipation that many people have for this that there is a possibility for Bitcoin prices to increase when there is a feeling and encouragement from many people to continue buying Bitcoin before the halving time comes next year.

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September 21, 2023, 10:09:25 PM
 #16

The price pattern of Bitcoin history shows that Bitcoin halving is the catalyst for the Bitcoin market bull run, so it is observed that Bitcoin price will rise after Bitcoin halving.  Since there is a lesser incoming supply, the pressure on the demand will be weaker.  With weaker pressure on the demand it will be easier for the Bitcoin price to go up plus the psychological hype of Bitcoin supply getting scarcer may also play which can trigger FOMO if used well by the market influencers.

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September 21, 2023, 10:23:38 PM
 #17

Certainly, the upcoming Bitcoin halving event in 2024 has generated significant excitement and anticipation within the cryptocurrency community, and your assessment of its potential impact on the cryptocurrency’s price is well-founded. Read more at https://cryptonews.soundtrip.store/bitcoin-halving-countdown-is-on-will-crypto-prices-rise/

It is very natural that there are many people who are excited to welcome the Bitcoin halving next year, because most people are also starting to reflect on the previous Bitcoin halving which could provide significant changes to its price in the market, making many people start making anticipation as a preparation before the halving comes.

I am also quite happy with the Bitcoin halving moment, although it is not yet certain whether next year's Bitcoin halving will be better than the previous one. But we can all see from the excitement and anticipation that many people have for this that there is a possibility for Bitcoin prices to increase when there is a feeling and encouragement from many people to continue buying Bitcoin before the halving time comes next year.
The halving is highly anticipated by many bitcoin holders because they have many high hopes, whether it is approaching the halving or after the halving. I remember during the last Halving where they expected prices to rise when the halving occurred but in fact it happened after 1 year later. Even so, Halving is always the most anticipated moment because it occurs once every 4 years.

On the other hand, a strong push for growth related to demand will certainly be something that can cause an increase in the price of Bitcoin. However, it is difficult to predict whether Bitcoin will print a new ATH before the Halving or after the Halving. But the most important thing is that we have Bitcoin in our portfolio, even though the increase will occur after the Halving, we can enjoy the profits that come our way.

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September 21, 2023, 10:25:02 PM
 #18

Will crypto prices change when Halving happens?
Of course, we can see how the history of Bitcoin when Halving occurs every 4 years.

A little or a lot of halving will have an impact on the price of Bitcoin.
We can see, that before Halving Bitcoin did experience a sharp decline because many people wanted the price of Bitcoin to be cheaper.

But when Halving has occurred the price starts to crawl up and reaches the new ATH.
When the 4th Halving in 2024 occurs it will reach a new ATH of around $100k more and this will be my main target next year.

Those who are able to survive and not panic about the decline in Bitcoin price, will get comparable benefits.
It's just a matter of time and eventually, new ATH will be minted again.


https://www.blockchaincenter.net/en/bitcoin-rainbow-chart/

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September 21, 2023, 11:48:53 PM
 #19

Couldn't help but comment about this rainbow chart. I know it mostly about fun, but I remember the price breaking below it probably twice last year. Also, last year's dump all the way to the $15K zone was the first time Bitcoin dropped below a Previous bull run's all time, which was $20K thanks to the Luna Collapse, FTX collapse and so many different exchanges and projects filling for bankruptcies.

So there is always a first time for everything. Things could be a little different this time round, and I am open to whatever might happen.

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September 22, 2023, 01:14:22 AM
 #20

Based on the previous halving the price have started to bounce from that point. The move have slowly progressed from the price around $8500 during the month of May 2020 and it had reached the peak price of around $69000 by November 2021. In between there is price fluctuations as well as bearish move and different things took place. Same as that we can expect the price of bitcoin to grow high after the days of halving. Until then we can expect the price to move in the similar pattern as now.

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