Bitcoin halving, how low the price can be?

[EarnOnVictor]

Next month will be Bitcoin halving, how far can the price go down? or how high can the price go up?

The halving finally happened on Friday, and as expected, nothing serious has happened in the crypto market so far. I believe it will take months before the halving of this year attracts investors to Bitcoin, and by what happened due to the ETF fillings of last year and its approval this year where the price of the market has been pushed higher, I do not expect immediate reaction caused by halving. I also fear for less reactions as well because Bitcoin is being hyped during this halving time, but this time, it is overpriced already. So I am concerned about those who will invest more money that will help it to move much higher at this high level.

Regardless, if the past histories of the halving and its cycles are to be considered in relation to the present reality and the condition of the market charts, I believe that this year's halving should help Bitcoin reach at least $100,000 with time. Again, there may be some discouragement over time, but still, if more adoptions could be gained by it, maybe we will see it between $100,000-$120,000 before the end of this bullish cycle.

[1715457086]

1715457086

[Nalbo]

I believe whales would bring the price a few points below 50K just to mess with people with stop loss and leverage trading liquidation at 50K.

[STT]

Today could be the turning point in this wider debate, also Sunday and the end of week forming the close to the weekly bar will give us a good clue either way.   I want to see at least a close above the 50 day moving average.

What is happening right now of note is not just a recovery short term above the 62k mark which is bottom edge to the ranged box BTC traded in for nearly 2 months.  Also wider term we have to see in balance is the medium term momentum, 50 DMA is flattening out which means we can turn negative in a more serious way.


Since I got into the habit of famous quotes recently, as an analogy and in the unfortunate recent news context I find this one relevant:

I come bearing an olive branch in one hand, and the freedom fighter's gun in the other. Do not let the olive branch fall from my hand.

I do find us on the precipice, we cant stay here forever.  With 50 day average threatening to decline every day we must find positive price action to counter act now or never.  Perhaps in BTC terms last dramatic but I find we need positive action now or it could be till autumn we have to wait to make this same fight upwards; likely lower over the summer is my thoughts.
  A couple indicators show us weaker now with the weight of volume then late Feb, price doesnt yet show that up.

[AnonBitCoiner]

It was answered , 60k is the lowest and we still waits for the highest but so far the record shows 74k is the highest value of bitcoin before the halving.

Bitcoin does not go below the price of 60k$ so it is the lowest price before halving and now the price moves up to 63k$ so we hope the price will not go below this value so we can see good surges due to halving. I think 73k$ is the highest value of bitcoin and we do not examine another pump before halving that can bring more valuable price of Bitcoin so it is the maximum value before halving.

it is indeed that we have the different approach this year because we have broken the ATH before the halving and the price remain strong even now that we are celebrating the 4th halving time.

I assume that this halving will also be a better one like that of previously occurring halving but still the price does not elevate to the highest value so we have to wait because good news takes time to originate. Bitcoin once touched the value of 73k$ does not move again to such value so maybe due to halving this value becomes easy to achieve again.