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Author Topic: What are your expectations for the few weeks after the halving period?  (Read 677 times)
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January 20, 2024, 11:57:07 PM
 #21

If we would base from previous price charts, then it is obvious that market price increase did not happen during and few weeks after halving. High market price volatility occured before halving and almost a year after the event.
So many stories have been told. Some say it’s the months leading to the Halving that will be the bull run, some say it is going to be the halving, some also say that it will come later after the halving. What I see that all opinions have is that it will come anyways. So why not just make your investments and sit back with a pack of popcorn? It’s okay to speculate but don’t get too attached to these assumptions.
Well, logically that's the right thing but people are here wanting to maximize the profit in every price movement. Some sort of short term and long term investors; however most of the time those who are in profit are those who invest and just hold for a long period of time than those who are doing swing trades simply because it won't always be a winning trade given how unpredictable the market price of Bitcoin is. Speculations are only guidance but will never promote certainty of price movements; there'll be instances that these assumptions will be followed by the market itself and also instances that it'll go the other way around. Problem is with people who pushes things too much. No matter how good you are as a trader or investor, with Bitcoin's market price movement, no one has the guarantee of it given that there are numerous factors affecting its market price movement under demand.

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January 20, 2024, 11:57:26 PM
Last edit: January 21, 2024, 12:10:02 AM by TimeTeller
 #22

From the history of Bitcoin prices and past halving, the bull market usually starts the year after halving. Last year, there was so much speculation about the price being able to reach $60k+ before the end of 2023 or even before the halving year. Time flies, and we are already in 2024. Three months from now, the fourth Bitcoin halving will happen, but there has not been a huge pump according to the predictions of last year.

That's to say that despite people's predictions and price expectations, they cannot be very accurate with speculation. I expect that Bitcoin might be around $50k to $55k before or after the Bitcoin halving, and possibly the closing price for this year could be around $60k.

Of course, what we can do today is just pure speculation. And because of the positive vibes surrounding this market, we are predicting it to increase.
We can all speculate what's gonna happen but the real action will be on us, how are we going to act on this upcoming event.
It is understandable if people have high expectations, but I think, one should still be conservative with estimates particularly if you have financial constraints.
We can be bullish with what we are thinking but carefully consider your financial capabilities before jumping on this bandwagon.
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January 21, 2024, 08:35:50 AM
 #23

Well, we can't know when exactly the bull run will come. I'm sure many holders and investors are expecting this phenomenal event, but the thing is, there is no exact time when the big event will come. What we should do is anticipate the upcoming event by joining the halving event so that we will be ready and be rewarded. I am too waiting for the event because I want to ride this next bull run as I missed the past bull run, which caused a big change in the lives of the other investors in bitcoin. I also introduced bitcoin to some of my colleagues, as I also want them to have something that they can earn and so that they could also ride the bull run. I know bitcoin is risky, but I'm going to make sure that they will be guided by me and experience the reward that the bull run will give.

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January 21, 2024, 09:55:26 AM
 #24

I don't believe it's possible to predict the price movement with such accuracy. The price can be somewhat up or somewhat down, it doesn't matter. What matters is the long-term trend, and whether we'll see Bitcoin recovering to its previous ATH point over the months after halving. I think that we will, but perhaps I'm wrong and 2024 will be just another year of pretty slow upward trend (like 2023).
Halving certainly doesn't discourage people from investing in Bitcoin. It's a time when Bitcoin gets a lot of attention, and attention can translate into a higher demand. Then there are also people who believe that Bitcoin is bound to rise because mining must remain profitable (I don't think that's how it works), which also brings additional interest in Bitcoin around that time.

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January 21, 2024, 10:28:33 AM
 #25

There is so much expectation about the bitcoin Halving, and it has even attracted many investors to bitcoins who want to be able to profit from bitcoins after the halving. What is expected to happen during the halving? It is expected for bitcoin to set a new All time high price. After the Halving, what do you think may happen? Do you think that the number of sellers will increase after the halving, sellers of bitcoins from people who want to cash out on the profit they have made?

One fact about the halving is that new money will be flowing into the market and after the halving there'll be some corrections became of short term investors and obviously newbies that don't know how things work will start taking profits which will lead to the market experiencing some corrections. In the past halving the market doesn't start increasing immediately after the halving is over so I don't expect anything to be different this time around. Fomo before the halving is guaranteed and fud after the halving is also guaranteed.

Quote
Or do you think there will be a reduction in interest of buying bitcoins because of it already very high value that new investors will know they cannot profit from anytime soon?

The price of Bitcoin isn't a factor that affects buyers because they know they don't have to own a full Bitcoin to profit from the market and they know Bitcoin will increase to new ATH after the halving. Even when Bitcoin hits a new ATH and let say it's the peak of the bull market, we still have people buying Bitcoin in anticipation of further increases so the price of Bitcoin hasn't been a problem for people to buy Bitcoin.

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January 21, 2024, 10:35:51 AM
 #26

My expectation for the halving is that the Bitcoin market will fully enter a bullish/bullrun phase. There have been several halvings and I also take this as a sign that the halving is a switch for Bitcoin to rise and rise even higher during the 1 and a half years of the halving. Yes, this depends on individual beliefs, I cannot give a 100% guarantee that the market will move bullish, yes, from experience and what I have experienced, holding after the halving is the best investment moment on crypto. DYOR

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January 21, 2024, 11:25:54 AM
 #27

So many stories have been told. Some say it’s the months leading to the Halving that will be the bull run, some say it is going to be the halving, some also say that it will come later after the halving. What I see that all opinions have is that it will come anyways. So why not just make your investments and sit back with a pack of popcorn? It’s okay to speculate but don’t get too attached to these assumptions.
Well, logically that's the right thing but people are here wanting to maximize the profit in every price movement. Some sort of short term and long term investors; however most of the time those who are in profit are those who invest and just hold for a long period of time than those who are doing swing trades simply because it won't always be a winning trade given how unpredictable the market price of Bitcoin is. Speculations are only guidance but will never promote certainty of price movements; there'll be instances that these assumptions will be followed by the market itself and also instances that it'll go the other way around. Problem is with people who pushes things too much. No matter how good you are as a trader or investor, with Bitcoin's market price movement, no one has the guarantee of it given that there are numerous factors affecting its market price movement under demand.

Unfortunately today, speculations aren’t just guidance anymore, it is now certainty as people can argue that compulsorily, Bitcoin will experience a bull run during the halving. This is something you can’t be too confident about but people are investing with too much confidence instead of investing with optimism. Even skilled traders have messed up with their speculations countless times.



 

 

 

 

 

 


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January 21, 2024, 02:22:39 PM
 #28

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Re: What are your expectations for the few weeks after the halving  period?
I only have one expectation a few weeks after the halving period.
My only expectation is that, there is nothing that I expected to happen within the first few weeks after the event happens.

I mean basically, nothing happened during the first months of the event. Huge price change will happen a few months after the halving happens. Maybe around 4-6 months after. Right now, I see the price of Bitcoin a good buying opportunity still, and TBH, I'm buying Bitcoin more often now compared to a few months ago because it dumped a few weeks after the Bitcoin Spot ETF got accepted (don't know why it didn't pump that much, but I took this as an opportunity still).

Overall, I don't expect anything to happen during the first weeks after the event. It will just be a normal day. Maybe some miners will just shut down their mining rigs because their profit got cut in half "AGAIN", and there might be some who will just continue it despite the halving of their profits. One thing's for sure though, the bull run will happen after the halving event (just based on history).

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January 21, 2024, 04:41:24 PM
 #29

There is so much expectation about the bitcoin Halving, and it has even attracted many investors to bitcoins who want to be able to profit from bitcoins after the halving. What is expected to happen during the halving?
Bitcoin halving halves miners' payments for adding new blocks to the blockchain. This happens every four years, or after 210,000 blocks are mined. The halving regulates bitcoin issuance by gradually lowering the supply until 21 million is reached.
When discussing Bitcoin halving, it's essential to recognise the market's speculative nature. Past trends can provide insights, but market factors can change results. Cryptocurrency investors must do research, be cautious, and understand the risks.

It is expected for bitcoin to set a new All time high price. After the Halving, what do you think may happen?
A Bitcoin halving, which halves coin issuance, is expected to set a new record high. A reduced supply of new bitcoins and rising demand can boost price momentum. This combination has increased investors' interest and market optimism, which could push Bitcoin prices to new highs.

Do you think that the number of sellers will increase after the halving, sellers of bitcoins from people who want to cash out on the profit they have made?
Experts and enthusiasts speculate how Bitcoin's much-anticipated halving event will affect the cryptocurrency market. The halving of the bitcoin supply has raised questions about whether more sellers will try to profit from their sales. Many investors and traders are talking about halving, and since the last two halvings caused price increases, interest is high.

Or do you think there will be a reduction in interest of buying bitcoins because of it already very high value that new investors will know they cannot profit from anytime soon?
Expectation is a common question about Bitcoin halving events and investor interest. The lower payout for miners may reinforce the scarcity narrative, attracting new investors hoping to profit from a limited supply. However, the current high valuation of Bitcoin may deter novice investors who fear missing out on significant immediate gains. Predicting post-halving market dynamics is complicated because the debate is over whether a shrinking supply will outweigh concerns about the high value.

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January 21, 2024, 08:45:59 PM
 #30

There is so much expectation about the bitcoin Halving, and it has even attracted many investors to bitcoins who want to be able to profit from bitcoins after the halving. What is expected to happen during the halving? It is expected for bitcoin to set a new All time high price. After the Halving, what do you think may happen? Do you think that the number of sellers will increase after the halving, sellers of bitcoins from people who want to cash out on the profit they have made? Or do you think there will be a reduction in interest of buying bitcoins because of it already very high value that new investors will know they cannot profit from anytime soon?
Bitcoin halving has proved itself to be causing more demands for the coin so I do not expect the one of this year to be different. But it might not be as immediately as people would want it, it is the post-halving effect that will push the price of Bitcoin higher and this will take time before it starts happening. However, let me try to answer your many questions one after the other and also in the order you asked them.

I expect Bitcoin to start being volatile shortly before and after halving, but not much effect would be generated at first, it might take time before this happens. Judging by what happened in the last halving, it could take even months before huge bullish movements will happen. And yes, from the past halving record, Bitcoin has always set a new record, which is why this time may not be so different especially when the coin is already close to its ATH, and thanks to ETF for that. After halving, the bullish movements will start happening and huge buyers will be regrouping as FOMO will be reappearing in the market which will become much over time.

As for the sellers after halving, anything can happen in the market, and just like the ETF approval betrays the expectations of people, the first days or weeks after halving might be greeted with a bearish outlook, we never can tell. But with time, I am certian that Bitcoin will start moving dangerously higher with huge volatility. It is also important to say that the sellers might want to appear in the market but in their little numbers if the market is not encouraging to buy initially after halving. And this will course not only cause more sellers to move in temporarily and try to take over the market. The situation will also dissuade some intended buyers until they are convinced of a bullish market.

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January 21, 2024, 10:24:57 PM
 #31

The few weeks after halving usually the price of bitcoin is still normal, sometimes even experiencing a decline.
usually all coins will rise very high 1 year after halving. this means coin prices skyrocket up in 2025 usually starting in January. bitcoin price history when halving is like that.
and this year's halving also seems like the increase will not be much different from the previous halving years.

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January 21, 2024, 11:53:07 PM
 #32

My expectations for the market after the halving will be bullish, timing as well as history support optimism. The halving is about 3 months away and I am not surprised by the current temporary correction, it is happening in a way that the market shows acceptance. That is an optimistic signal, and positive news such as the US presidential election will also support the increase in bitcoin's price. This is a good time to evaluate and reorganize investment portfolio. I predict bitcoin will have 2 runs at 50k and 65k at the end of this year and everything looks possible after that the next ATH

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January 22, 2024, 12:25:05 AM
 #33

So many stories have been told. Some say it’s the months leading to the Halving that will be the bull run, some say it is going to be the halving, some also say that it will come later after the halving. What I see that all opinions have is that it will come anyways. So why not just make your investments and sit back with a pack of popcorn? It’s okay to speculate but don’t get too attached to these assumptions.
Analyzing something can make you happy because it can make the analysis something you can look forward to, even though the analysis may not necessarily be realized in a real way, and some of it is beyond the desired expectations.Likewise with what you said about the halving, because usually everyone analyzes it because they see the trend that Bitcoin has made so far, or indeed, they have a graphic calculation. But once again, everyone cannot be sure that it will be true. At least there is a glimmer of hope to look forward to from this analysis.I agree with you that this incident will definitely happen, and of course, remaining prepared to continue buying and increasing savings is something that needs to be done.

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January 22, 2024, 03:08:48 AM
 #34

I don't have high expectations for the Bitcoin price a few weeks after the halving, because if you look at history, the Bitcoin price usually never passes its ATH, perhaps because the psychology of investors is uncertain about Bitcoin's movements, so they choose to wait and see. At that time, it is probably one of the best times to buy and hold your Bitcoin because usually the price of Bitcoin will fluctuate before eventually rising.

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January 22, 2024, 03:37:03 AM
 #35

There is so much expectation about the bitcoin Halving, and it has even attracted many investors to bitcoins who want to be able to profit from bitcoins after the halving. What is expected to happen during the halving? It is expected for bitcoin to set a new All time high price. After the Halving, what do you think may happen? Do you think that the number of sellers will increase after the halving, sellers of bitcoins from people who want to cash out on the profit they have made? Or do you think there will be a reduction in interest of buying bitcoins because of it already very high value that new investors will know they cannot profit from anytime soon?
Just take a look at the previous cycle and you will get the answer that you are looking for, newbie traders think of the halving as a single event that happens and suddenly the market is completely different the very next day, and this is not really true.

After the halving takes place we need months to begin to feel its effects, as miners now get less coins and they need to sell it for a higher price, so not much will happen during the halving and a few weeks after it, but once a few months pass, that is when we could see the start of the much awaited bull run.

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January 22, 2024, 10:51:31 AM
 #36

There is so much expectation about the bitcoin Halving, and it has even attracted many investors to bitcoins who want to be able to profit from bitcoins after the halving. What is expected to happen during the halving? It is expected for bitcoin to set a new All time high price. After the Halving, what do you think may happen? Do you think that the number of sellers will increase after the halving, sellers of bitcoins from people who want to cash out on the profit they have made? Or do you think there will be a reduction in interest of buying bitcoins because of it already very high value that new investors will know they cannot profit from anytime soon?
Setting a new ATH is what people expected here to happen but try to understand that there can be sideway so try not to be expecting so much from this halving instead be ready to what will come.
better to have your Funds intact , add if you have some for risking and also try not to be  lured by shit projects because that will be rampant in the coming months trying to mislead people.

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January 22, 2024, 10:56:27 AM
 #37

There is so much expectation about the bitcoin Halving, and it has even attracted many investors to bitcoins who want to be able to profit from bitcoins after the halving. What is expected to happen during the halving? It is expected for bitcoin to set a new All time high price. After the Halving, what do you think may happen? Do you think that the number of sellers will increase after the halving, sellers of bitcoins from people who want to cash out on the profit they have made? Or do you think there will be a reduction in interest of buying bitcoins because of it already very high value that new investors will know they cannot profit from anytime soon?

If there’s no sudden price movement upward before the Bitcoin halving therefore I believe price will be on long sideways after halving. The only time sellers will increase is when there’s a short term price rally occur before halving because this traders that ride the hype is the one who will sell off once the event is over.

Bitcoin halving effect usually a year after the actual halving which new ATH is being recorded. I’m expecting that there will a bear market after halving since the hype about ETF makes halving less impactful for traders to have a one last ride while the chart is already bearish. Let’s wait a few more months after halving before recovery.

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January 22, 2024, 11:14:03 AM
 #38

Please believe me , try not to expect bigger or better let it happened far from what we believe because this year it is mostly different from what we have last 2021 .

First - We have happened Spot ETF this year and that will bring side effect.

Second - Halving takes effect after a year in which that is mostly what we have seen over the years.

so for me? I am not expecting anything but will wait till the Bull comes at least in 2025.









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January 22, 2024, 12:31:28 PM
 #39

If you have studied bitcoin price history as well as bitcoin halving, you will know that bitcoin price won’t rise immediately. We might be observing price plummeting before and after bitcoin halving, and I think that’s normal. It might take several months before seeing bitcoin price rising until it reaches its new all time high, so most probably people will be encourage to buy more so they can prepare for the real market bull run.

While history may have chances to repeat itself or not, the most important thing is we should know when to buy more and when to start selling. That’s the best way so we won’t see ourselves losing while others are enjoying their massive profits.

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January 23, 2024, 04:56:42 PM
 #40

If you have studied bitcoin price history as well as bitcoin halving, you will know that bitcoin price won’t rise immediately. We might be observing price plummeting before and after bitcoin halving, and I think that’s normal. It might take several months before seeing bitcoin price rising until it reaches its new all time high, so most probably people will be encourage to buy more so they can prepare for the real market bull run.

While history may have chances to repeat itself or not, the most important thing is we should know when to buy more and when to start selling. That’s the best way so we won’t see ourselves losing while others are enjoying their massive profits.
Drop may not happen, I am not expecting a drop, I do agree that it will not go up super high right away, that to the moon type of logic is mistaken so it will not be like suddenly go for m40k to 100k, that is not going to happen.

However, I am not expecting a drop neither, I am expecting a tiny increase, like let's say it's today, and we are at near 40k, then maybe like 45k, something like that is possible, even as high as 50k is possible, if we take 40k as a base, that is just example. So basically, a 10% to 20% increase makes sense and that might actually happen, and not a drop but there are people who expect a 50%+ increase and I agree that it will probably not be like that, I do not expect a big increase like that happening soon.

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