Arnab12 Posted May 1, 2020 #1 Posted May 1, 2020 Bitcoin is the most used crypto and we can say BTC represents Crypto. BTC is used among all crypto users. All exchanges atleast have a BTC pair market. After halving it is certain the price will go up but the question is by how much. In 2017 we saw the halving and resulting in the price increase to 20k$. Can we expect a 30k$ price this time after halving.
Lucas Holder Posted May 1, 2020 #2 Posted May 1, 2020 My guess is by the end of year, it's going to go in the 20-30K$ and "crash" down to the 10K$ range. I'll be HODLing and watching
caveman2528 Posted May 2, 2020 #3 Posted May 2, 2020 before halving price can easily up 200-400 $ up side but 1 day after halving suddenly fall 500 dollar around around , lots of time i was seen this
BrofessorYT Posted May 2, 2020 #4 Posted May 2, 2020 You're all gonna get fucked LOL. Its gonna do the opposite of what you think it will do
Baqee Posted May 2, 2020 #5 Posted May 2, 2020 13 minutes ago, BrofessorYT said: You're all gonna get fucked LOL. Its gonna do the opposite of what you think it will do You don't have to be negative about it. The rise doesn't usually happen immediately after the halving, it takes a while. After the halving in 2016, major growth was noticed till late 2017. So its a long term agenda.
Optimus Posted May 2, 2020 #6 Posted May 2, 2020 Its gonna go up until the end of the year. This pandemic will make the price boom!
BrofessorYT Posted May 2, 2020 #7 Posted May 2, 2020 4 hours ago, Baqee said: You don't have to be negative about it. The rise doesn't usually happen immediately after the halving, it takes a while. After the halving in 2016, major growth was noticed till late 2017. So its a long term agenda. Im not being negative about it lol. The majority of people are going into the halving with an expectation and they are gonna get burned because of it. Extrapolating patterns through TA is a dangerous game. You can find a pattern to suit any price prediction. You're right until you're not.
Baqee Posted May 2, 2020 #8 Posted May 2, 2020 2 hours ago, BrofessorYT said: Im not being negative about it lol. The majority of people are going into the halving with an expectation and they are gonna get burned because of it. Extrapolating patterns through TA is a dangerous game. You can find a pattern to suit any price prediction. You're right until you're not. Yeah, you may be right. Guess one of us will be proved wrong when it happens. Do remember my choice (it will rise in the long run)🙂.
BrofessorYT Posted May 2, 2020 #9 Posted May 2, 2020 1 hour ago, Baqee said: Yeah, you may be right. Guess one of us will be proved wrong when it happens. Do remember my choice (it will rise in the long run)🙂. Oh im with you on being bullish long term just the next couple weeks are up in the air
gehex Posted May 2, 2020 #10 Posted May 2, 2020 I imagine how frustrated the tax services of some countries are. Money passes and passes. Bitcoin is a great alternative for calculations. And with the coronavirus pandemic it is not yet known what will happen to the exchange rate of world currencies
reebox Posted May 2, 2020 #11 Posted May 2, 2020 I hope bitcoin can become 50k usd but that looks impossible but I am very sure it can be because of seeing market conditions like this and there are certainly many whales that hinder to be achieved.
Arnab12 Posted May 2, 2020 Author #12 Posted May 2, 2020 56 minutes ago, reebox said: I hope bitcoin can become 50k usd but that looks impossible but I am very sure it can be because of seeing market conditions like this and there are certainly many whales that hinder to be achieved. It will take time to get to 50k. Remember big whales also influence some of the price
Tom mloi Posted May 3, 2020 #13 Posted May 3, 2020 The principle of demand and supply I find greatly influences its price. Bitcoin price may reach 30 thousand dollars, but it is very volatile now and we cannot give for this to happen a high possibility
Blesscomp Posted May 3, 2020 #14 Posted May 3, 2020 It's gonna down till end of year, back consolidation and bull again.
evet Posted May 3, 2020 #15 Posted May 3, 2020 Even with halving, I can't expect bitcoin to pump up that much with regards to the current world situation. I think it would only go up to $10k-$12k atleast. Just my opinion, might go down as well even with the halving.
sahil777 Posted May 3, 2020 #16 Posted May 3, 2020 because of halving price going high already, because everyone wants to buy and save before halving, so this panic buying will result over 10k before halving, and after halving i dont think there will be more bigger rise, yes a little bit impact is must but not like over 15k or more, maybe 12k max.
Magdsolieman Posted May 4, 2020 #17 Posted May 4, 2020 At the present time, it is very unlikely that currency prices are very volatile, in addition to the presence of barriers that affect prices, it may decrease significantly and return to rise again. There are many aspects that will take time.
JacksonPalmer Posted May 5, 2020 #18 Posted May 5, 2020 It got to 20.000$ in december 2017 and the halving was in July 2017, I don't wanna say that the halving didn't have any contribution to the price spike, but I really don't think that this was the only reason for Bitcoin to go up that much, especially considering it was like half a year after the halving actually happened. Also a lot of people love to forget that Bitcoin was up a lot for like only a month before breaking down at the end of january and beginning of february again. So I think it might get a spike from it, but I would definitely not bet on it.
Killlm Posted May 5, 2020 #19 Posted May 5, 2020 Bitcoin prices go up after Halving, Bitcoin is the king of crypto currencies in the world, Bitcoin prices are above all currencies, I actually use Bitcoin, Bitcoin is the best currency for me, Bitcoin prices go down because Bitcoin prices are not always good, Bitcoin prices Never settle, you deposit Bitcoin, and when Bitcoin halving is over, Bitcoin will pump, and then you sell Bitcoin. Will benefit
Aponix Posted May 5, 2020 #20 Posted May 5, 2020 I don't think it will rise immediately, but if progressively, we have to see how the miners and the market in general respond. What is highly provable is that it closes the year with a good projection.
lendritXS Posted May 10, 2020 #21 Posted May 10, 2020 I'm also not sure halving this time could bring the price of BTC to rise higher in my opinion traders will take advantage of purchases at low prices so panic sales can occur
max3m1 Posted May 10, 2020 #23 Posted May 10, 2020 Bitcoin will go up in the long run. definitely. But I doubt if it will sky rocket before or after the halving. The coin has been so volatile for the past decade, and it will continue to be so until years later. There are too many other factors that need to be in consideration.
BidaManEris Posted May 11, 2020 #24 Posted May 11, 2020 No. It is obviously not happening and all of these price increases lately is a pump. The altcoins behaved so quietly while BTC increases- isn't that already a sign that something is wrong? Come on people, halving has been anticipated by a lot and it is already a given that it already made its contribution (making the price increase from 6k level to 8k level). Price increase usually gets influenced by events that is not being anticipated by someone else or whale movements.
Mejorpens Posted May 11, 2020 #25 Posted May 11, 2020 It's possible for it to rise to that standard but with the current pandemic, I'm not sure it will.
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