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Halving History : Taking a closer look on the previous bitcoin halvings

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After analysing the price of the bitcoins one thing is surely clear to all of us that the halving has always increased the price of the bitcoins and along with other cryptocurrencies. But it hasn'tbeen done suddenly because the price has increased in three months i guess. That means that the price of the cryptocurrencies won't just level up so easily. So user must be patient about bitcoin increase of price. 

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Thanks dear friend for sharing this information with us, Actually this post shows the history of the previous halving and this expected current halving has occurred but there is no big improvement in the bitcoin price yet , let's just watch and see what happens in few days time.


 

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I enjoyed reading every line of this article, I appreciate your effort, you provide us with a wonderful article about Halving, thank you and I hope this Halving like the previous one, will takes us to a higher price.

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Some important conclusions can be drawn from this information, for example, we need to be very patient and only buy bitcoin in this year because the biggest price for bitcoin is going to be in 2021 in my opinion.

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Thank you for such usefull informational topic as well as not plagiaring the content 😉

 

Now you just need to update it with the 4th next upcoming halving as well 😄

 

By the way there was not so much big of a price jump like previous halvings as it was steadly moving to a higher price value since COVID started.

Maybe COVID was the actual shift base where this halving was not trending like the previous ones.


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18 hours ago, Basad said:

It's not possible for BTC in this year, it has not even cross $10k not $20k, talk less of $50k then hope for $100k, but in nearest future it may reach $100k that's around 2050 and above 

you are being way to pessimistic, this year it will definitely not reach $70k, but next year there's a good chance if it follows the last two halvings


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I think that by increasing the scarcity of bitcoin and the difficulty of extracting it, its market value will rise, but the frightening thing is that investors go to invest in other currencies, but I do not think that there is a currency that overcomes Bitcoin, neither at the present time nor in the near future.

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On 5/9/2020 at 10:51 PM, ETheHedgehog said:

i hope to see from this halving prices of around $70k-$80k like most analysts are expecting, there is even a chance of prices above $100k

That's too much amount. 

Some experts predictions in this year said it will only reach up to 15000$ or 20000$.

It's more believable than 10000$.

I never heard bitcoin reached that amount.


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This participation is very good. The half-event has ended several days ago. Until this time, we have not seen any significant changes in prices, as prices rise and fall very slowly, and most of the price reached is $ 9800 and it is possible that the price will rise soon and reach $ 15,000 or more at the end of this year.

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On 5/12/2020 at 4:23 PM, UT2001 said:

Now that the halving is over I would like to call it a lot of hype for very little as the price actually dumped shortly after halving and i am sure many are frustrated with the outcome of the halving of 2020.

Yes I think that you are right and I think that it is great that the halving cause a lot of hype in the community of cryptocurrency and I think that it will be more great if people would now use cryptocurrencies after the halving because the price is high

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So far, there has been no significant change in the price of bitcoin after more than two weeks on halving, contrary to most predictions that I expected the bitcoin price to increase significantly after halving directly, but I think the effect of halving on Bitcoin will happen, but gradually

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Halving has already happened and bitcoin is expected to go up, but I think it will take a few months before it goes up.

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We conclude by every bit that bitcoin has occurred that bitcoin is developing and getting stronger with every half that happens


THINK POSITIVE

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Well, it is a good post. And we are getting many information regarding the halving process. Many of the experts are predicting that the next halving Will be in this year. But I don't think that this will happen this year. Because presently situation don't favour it

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On 5/31/2020 at 5:06 PM, bentayebsalah said:

We conclude by every bit that bitcoin has occurred that bitcoin is developing and getting stronger with every half that happens

That's right, the last day the price reached up to 10000$ which is a good thing to consider. 

So I can say that every halving that happens have positive effects in bitcoin. 


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On 5/9/2020 at 10:10 PM, Zaino34 said:

Thank you, my friend, for sharing this information. There is a little time left for the half to happen and we don’t blame if the price remains high or will it go down and go back up again after the half

yes I think that it is great that people will know the status of the cryptocurrencies once when the halving will come so we need to prepare for the things that might come now and I hope that the price will be high after the happenings in cryptocurrency 

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I wrote a similar topic about the history of halving Bitcoin, which is interesting because in the previous two events there was a significant increase in Bitcoin prices and this happened after a period of time ranging from months to a year, so we expect this to be repeated now but may need a year or more.

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On 5/26/2020 at 1:11 PM, Brand1 said:

This participation is very good. The half-event has ended several days ago. Until this time, we have not seen any significant changes in prices, as prices rise and fall very slowly, and most of the price reached is $ 9800 and it is possible that the price will rise soon and reach $ 15,000 or more at the end of this year.

I had the same expectations, but it seems market forces didn't allow Bitcoin to break above 10K. There was huge resistance there and now we are back to 9K and probably we will go down more.

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On 6/4/2020 at 11:05 AM, Iriswolfgang said:

yes I think that it is great that people will know the status of the cryptocurrencies once when the halving will come so we need to prepare for the things that might come now and I hope that the price will be high after the happenings in cryptocurrency 

That's really a nice information to know the prices of some coins so you can prefer to do transactions especially when you want to buy or sell your coins. 


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The previous Bitcoin halving have all been essential turning points for the price of bitcoin. Its post halving now and we are already in mid 2020. But like previous halvings, we will have to wait about a year and more for the price to reach at its peak after halving. I have already made my investment when the price fell to around 5 grands and all i need to do now is wait.


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At the intial halving times of bitcoin a slight rise in the prices was very good sign for the users to deal with it later on as the prices get increased continuously it also makes pressure to maintain the price at that level so the user may feel free to deal with bitcoin. 

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The 3rd Bitcoin halving event has done so far the Bitcoin price is varies in the range of $9200 to $9700 mostly. As from the previous halving history the Bitcoin takes time of 3 to 4 months to pump good so I hope Bitcoin will go to at least $15000 within 2 to 3 months from now. So it is good time to invest in it.

Edited by Jessica Karren

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The previous split of bitcoin was good and strongly influenced the rise in bitcoin and I think that in every split there is an increase in the price of the crypto, because the demand increases and the supply decreases


 

Life is great and enjoy it

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Depending on the percentage by which Bitcoin rose after each halving process, and from its price, which it was, we find that this ratio sometimes exceeds 1000% Therefore, since the percentage is approximate, the bitcoin price is now high We find that the hopes of breaking it to the last value that it has reached are great hopes that it will reach staggering figures on the rise.

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As an update to what is going on I think that holding is the best option currently. Bitcoin may manage to sent altcoins way behind and keep rising for a long time without even dipping. It seems it has done so since March and this may be the new trend from now on.

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