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Author Topic: BITCOIN HALVING COUNTDOWN IS ON – WILL CRYPTO PRICES RISE?  (Read 453 times)
Latviand
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September 22, 2023, 02:23:13 AM
 #21

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.
It's probably not just months, we'll probably see bitcoin get to another ATH after halving in a year or more because last halving, bitcoin took it's time to get to another ATH. That's not a bad thing that it's going to take a long time to get to another ATH because that means that we're going to have plenty of time to stock up on bitcoin and hopefully hodl it until our desired price pops up and hopefully make a considerable profit.
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September 22, 2023, 02:26:38 AM
 #22

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 22, 2023, 10:36:06 AM
 #23

It is surely an open secret that after bitcoin halving the price is expected to increase and go pass the previous ATH but when this will happen after the day of halving is not known by anybody. It is still under speculation to know this for such but with the history of the having, the previous ATH has not been broken during the time of halving but after halving. So for now, based on your topic question I don't expect a rise of crypto before bitcoin halving, that rise is historically expected after halving.
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September 22, 2023, 10:48:40 AM
 #24

Your discussion is confusing. Bitcoin should be discussed as Bitcoin. By using cryptocurrency for this discussion, I think you want to discuss about altcoins such as, in my guess, will altcoins rise because of Bitcoin halving effects?

It is too broad question, assume it is what you are discussing. Altcoins from previous years will struggle in next bull run. Very few of them can rise amd most of them are dead coins. They can not rise if developers abandon those projects to create new ones and join new trends in 2024, 2025 bull run.

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September 22, 2023, 12:44:39 PM
 #25

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.
Because in the previous halving everyone has seen how people can make a profit through Bitcoin, it makes sense for everyone to look forward to the next halving next year and hope that it will be very different from the previous halving. Especially in terms of getting better profits because so far almost everyone has seen and felt the price correction in Bitcoin so that next year there are many people who are pinning their hopes on better returns through the halving moment.

Quote
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.
I have confidence that a more significant increase in prices will occur after the halving, although this could very well happen before the halving, but I am just more confident that this can happen after the halving. Although it is still difficult to predict whether Bitcoin will print a new ATH again after the halving, or will only be below the previous ATH price. Because if demand can continue to grow before the halving occurs, I think the potential for price increases will be easier to occur and could even be greater than before.

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September 22, 2023, 02:16:09 PM
 #26

Halving? Bitcoin and crypto prices will rise? Absolutely and I am very sure of that.

The BTC halving hype will certainly bring fresh air for BTC to recover its price level by level. I am sure that in the next few months or time BTC will continue to rise and print its new ATH. Just like the previous halvings. At least history will repeat itself and that moment will always be there in every subsequent halving.

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September 22, 2023, 02:28:40 PM
 #27

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
What if the halving doesn't happen in 2024, instead it shifts to the following year, shifts from every four years to every five years, what do you do......!
And what do you expect regarding the halving phenomenon that will occur in Bitcoin, have you bought it now, usually we keep talking about halving but not many people keep it, regret always comes at the end of the event.

We have often seen various speculations about Bitcoin from time to time, in essence: do something for yourself before the Bitcoin halving happens, so that you don't regret it in the future, remember that once the halving occurs, rich people will increase, for those who understand it.

R


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September 22, 2023, 06:20:50 PM
 #28

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.

Predicting future events by watching the past is like saying that since the US dropped an atom bomb on Hiroshima, they'll do it again in a few decades. It can happen but what are the chances?

I'm 100% sure that we will at least attempt to break the last ATH this halving, so buying bitcoin at 26k is like a sure thing for me. It just can't go any other way but up in the next 12 months and even if we won't reach any of those predictions like 100k, 200k, 1m and so on, we will for sure have a bull run aiming to break 60k. It can fail, but there's just no way bitcoin won't be worth more than 30k next year, so if you aren't buying it, you're just too scared and you don't understand it.

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September 22, 2023, 08:51:00 PM
 #29

Halving increases the scarcity of bitcoin more than before, which makes miners less profitable because of the reduction in block rewards. So if the bitcoin price cannot match the miners mining costs, they will stop their mining operation or change their mining network. This is not the only reason that will cause the price of bitcoin to rise, but this is enough for me to convince myself that at some point the price of bitcoin will rise after halving.

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September 22, 2023, 09:09:07 PM
 #30

Halving? Bitcoin and crypto prices will rise? Absolutely and I am very sure of that.

The BTC halving hype will certainly bring fresh air for BTC to recover its price level by level. I am sure that in the next few months or time BTC will continue to rise and print its new ATH. Just like the previous halvings. At least history will repeat itself and that moment will always be there in every subsequent halving.

Even as we prepar for the next year Bitcoin halving,  we have to make some near accurate speculation around the current price condition of bitcoin taking into accounts,  the possibility that is available in the current market condition to set the tone for the anticipated bitcoin halving,  and the current advantage is that Bitcoin price is currently at a market level were most investors can take a hand full for discounted price.

Unlike some months ago when the price of Bitcoin was around 45k-50k which was relatively a high price for many investors, in preparation for the next halving Bitcoin has currently presented us with a discounted price of around 27k and we can and should take a bold step to prepare our bags by starching more bitcoins against the next year halving.



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September 22, 2023, 09:17:44 PM
 #31

Basically, market behavior does not have to be the same every time a halving occurs, but an increase in prices after a halving seems to be a necessity for miners to survive in this industry. After the halving, miners will earn less rewards than before, which means their income will be shared during the halving. If bitcoin is not more expensive, then it is clear that miners will have difficulty carrying out mining activities because the costs incurred are not wort it with their income.

So in conclusion, halving should support bitcoin price increases, but ATH is not mandatory. I would love if ATH could be hit after the halving, but ATH is not the only target to get returns from investments.

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September 22, 2023, 09:34:44 PM
 #32

Because in the previous halving everyone has seen how people can make a profit through Bitcoin, it makes sense for everyone to look forward to the next halving next year and hope that it will be very different from the previous halving. Especially in terms of getting better profits because so far almost everyone has seen and felt the price correction in Bitcoin so that next year there are many people who are pinning their hopes on better returns through the halving moment.
Yes, you can convince yourself to see a significant increase ahead of the halving next year. I say that to strengthen our confidence to continue holding Bitcoin and expect a big change in the value of our portfolio. In fact, we have entered the end of Q3 but it is clear that the BTC price is having difficulty breaking through $30k after the correction in recent weeks. Out there or on social media, many people express their predictions/analysis about BTC prices when the halving occurs.

BTC will be more valuable in the future because after the halving occurs miners get smaller rewards than before. So the readiness to wait for the halving is to accumulate BTC at every stage of the decline, even like the current situation where making purchases is of course quite the right time.

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September 22, 2023, 11:57:53 PM
 #33

The significant excitement and anticipation among cryptocurrency investors was due to the positive trend that always comes with the Bitcoin halving effect but the 2024 halving market is not only anticipated only because of the halving. People also anticipated the BTC spot ETF approval, more institutional investor interest in BTC, and possible interest rate cuts. Besides, the former SEC Chairman also said the Bitcoin Spot ETF is inevitable.
After we combine this and other positive news that literally boosts the zeal of investors in BTC there's no other thing that can hinder people's anticipation of the coming BTC halving.

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September 23, 2023, 03:00:08 AM
 #34

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/

How many halvings have we gone through? We should learn from past halvings. In the upcoming Bitcoin halving next year, we should not repeat the wrong thing we did in the past halving. Instead, this time we should have started preparing for this matter.

Instead of looking at the countdown, what we should do is increase the performance of DCA in all the opportunities that we can accumulate instead of looking at the countdown when we are not preparing for anything, collect. Because this is what I did before, I just looked, I just monitored, but I didn't do anything to save that, were I think the price value in the market will increase, so the result is that I didn't gain anything from my monitoring of the countdown.

But this time I have holdings, unlike before, when I didn't really put anything aside or save.



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September 23, 2023, 06:39:34 AM
 #35

The significant excitement and anticipation among cryptocurrency investors was due to the positive trend that always comes with the Bitcoin halving effect but the 2024 halving market is not only anticipated only because of the halving. People also anticipated the BTC spot ETF approval, more institutional investor interest in BTC, and possible interest rate cuts. Besides, the former SEC Chairman also said the Bitcoin Spot ETF is inevitable.
After we combine this and other positive news that literally boosts the zeal of investors in BTC there's no other thing that can hinder people's anticipation of the coming BTC halving.

Halving is 228 days to go and we already witnessing an anticipation in the market. The investor is very much mature now and the price stability is mainly because no one is willing to sell his bitcoin at this point. We saw few fluctuations very recently but price didn't went down too much. Bitcoin price is very much on its way to recovery and may reach 30k very soon. It's very much obvious that current time is ideal for accumulating Bitcoin.
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September 23, 2023, 07:24:42 AM
 #36

Halving? Bitcoin and crypto prices will rise? Absolutely and I am very sure of that.

The BTC halving hype will certainly bring fresh air for BTC to recover its price level by level. I am sure that in the next few months or time BTC will continue to rise and print its new ATH. Just like the previous halvings. At least history will repeat itself and that moment will always be there in every subsequent halving.

Even as we prepar for the next year Bitcoin halving,  we have to make some near accurate speculation around the current price condition of bitcoin taking into accounts,  the possibility that is available in the current market condition to set the tone for the anticipated bitcoin halving,  and the current advantage is that Bitcoin price is currently at a market level were most investors can take a hand full for discounted price.

Unlike some months ago when the price of Bitcoin was around 45k-50k which was relatively a high price for many investors, in preparation for the next halving Bitcoin has currently presented us with a discounted price of around 27k and we can and should take a bold step to prepare our bags by starching more bitcoins against the next year halving.

A good idea, such preparation is indeed worth doing.

The link shared by the OP reminds us how important halving is and how influential halving is on the growth of BTC prices and this is also directly confronted with the pace of the world economy which tends to continue to decline and experience inflation every year.
From here perhaps not only me but other members may realize after reading the link how important it is to prepare before the halving (especially now; such as technical and fundamental analysis, taking buying action when the BTC price drops, hodl)

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September 23, 2023, 02:09:12 PM
 #37

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/


Good analysis from someone conversant with the historic data of Bitcoin. Indeed, Bitcoin have shown great consistency in growth every halving season and I don't envisage any difference in the coming one. Another thing is that we usually have a new ATH the year after halving, this is the reason many people are of the opinion that 2025 might be the year for the huge price surge following the prevailing market cycle. So, the halving will set the stage for the massive price rise that is expected to happen the following year.


Furthermore, putting your analysis in percentages shows that Bitcoin rose as much as 5428% from 2012 to 2016 and 1163% from 2016 to 2020 whereas we had the  If we go in this direction, then I expect price to peak around $120k which is around 200% from the ATH.

Nevertheless, like I always advice people, it is better to keep an open mind as nothing is guaranteed in life.

R


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September 23, 2023, 02:41:02 PM
 #38

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.
Because in the previous halving everyone has seen how people can make a profit through Bitcoin, it makes sense for everyone to look forward to the next halving next year and hope that it will be very different from the previous halving. Especially in terms of getting better profits because so far almost everyone has seen and felt the price correction in Bitcoin so that next year there are many people who are pinning their hopes on better returns through the halving moment.
That's called experience, we all gained experience with nearly 3 halvings that were identical so people started to expect the same from this one as well. It's not really a bad idea, it could be considered a good thing if you use it in a smart way as well.

I personally believe that it's a good deal to keep it until the halving because it's obvious that we are going to end up with a good result from this. I get that many people think that what if history doesn't repeat itself but I think it will, it shouldn't be a problem. I get that suspicion is a good thing in the crypto world but not in this case because it would be causing trouble more than helping it if we keep doubting what we can do with bitcoin if we just trust it.

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September 23, 2023, 05:39:36 PM
 #39

The significant excitement and anticipation among cryptocurrency investors was due to the positive trend that always comes with the Bitcoin halving effect but the 2024 halving market is not only anticipated only because of the halving. People also anticipated the BTC spot ETF approval, more institutional investor interest in BTC, and possible interest rate cuts. Besides, the former SEC Chairman also said the Bitcoin Spot ETF is inevitable.
After we combine this and other positive news that literally boosts the zeal of investors in BTC there's no other thing that can hinder people's anticipation of the coming BTC halving.

Halving is 228 days to go and we already witnessing an anticipation in the market. The investor is very much mature now and the price stability is mainly because no one is willing to sell his bitcoin at this point. We saw few fluctuations very recently but price didn't went down too much. Bitcoin price is very much on its way to recovery and may reach 30k very soon. It's very much obvious that current time is ideal for accumulating Bitcoin.
Yes, there's alot of anticipation in this coming Bitcoin halving market but you can't conclude that no one is willing to sell his BTC holding, and judging by the previous situation of the BTC market before November there's always alot of market manipulation before the halving effect takes over. What I mean is that we'll see another bottom price of the market which is below the current resistance level.
However, that doesn't mean this is not the current time for accumulation.

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September 23, 2023, 06:55:52 PM
 #40

Halving? Bitcoin and crypto prices will rise? Absolutely and I am very sure of that.

The BTC halving hype will certainly bring fresh air for BTC to recover its price level by level. I am sure that in the next few months or time BTC will continue to rise and print its new ATH. Just like the previous halvings. At least history will repeat itself and that moment will always be there in every subsequent halving.

Even as we prepar for the next year Bitcoin halving,  we have to make some near accurate speculation around the current price condition of bitcoin taking into accounts,  the possibility that is available in the current market condition to set the tone for the anticipated bitcoin halving,  and the current advantage is that Bitcoin price is currently at a market level were most investors can take a hand full for discounted price.

Unlike some months ago when the price of Bitcoin was around 45k-50k which was relatively a high price for many investors, in preparation for the next halving Bitcoin has currently presented us with a discounted price of around 27k and we can and should take a bold step to prepare our bags by starching more bitcoins against the next year halving.

A good idea, such preparation is indeed worth doing.

The link shared by the OP reminds us how important halving is and how influential halving is on the growth of BTC prices and this is also directly confronted with the pace of the world economy which tends to continue to decline and experience inflation every year.
From here perhaps not only me but other members may realize after reading the link how important it is to prepare before the halving (especially now; such as technical and fundamental analysis, taking buying action when the BTC price drops, hodl)
If you do really want for yourself to be able to make up some profits in upcoming bull run then of course it would really be just that normal or needed for you to place up yourself on such position or simply having the

preparation which it is really through accumulate because if not then you would really be ending up yourself be investing or getting in on the time that FOMO kicks in, specially if those green candles would be starting to form up and would really be having that kind of emotion of the entire market that this might be it. People would really be starting on buying out like a mad man which they could really have done it earlier.
This is the most common mistake on which people would really be trying out to correct. In overall, there's no way that we could really be able to tell about increasing prices because this market is really that unpredictable and could really be able to move in such a way that there's no one could be able to tell on where it would peak and where it would bottom.

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