The lowest level of Bitcoin Based on Historical Trends

[hmind 0]

Historically Bitcoin has found its lowest level around the third year of every Bitcoin reduction cycle (halving) that occurs every four years. In the first halving cycle in the history of this asset.

The value of Bitcoin rose by around 13,378%, then the second halving cycle increased by 12,160%. Looking at the history, how far will Bitcoin rise in this cycle? Therefore, historical precedent is a strong reason for the bullish momentum to move forward.

With this reason, it is possible that Bitcoin will experience a good price this year, or even break new records.

[Uttom Deb 333]

The lowest level of bitcoin is that they do not really understand at present what the name is or if it will be lower than the previous price.  Bitcoin has been bought by everyone at the top of the famous, it never goes down

[Sourovdeb890 416]

Bitcoin in cryptocurrency has fluctuated a lot of times, with prices rising above $ 20,000, we are hopeful that bitcoin will go up to $ 20,000 again and by 2021 Bitcoin is expected to exceed $ 50,000.

[gigabyteRTX 1583]

Well, the start of the year 2020 we see the significant growth of bitcoin price in the market and still increasing over the day so let's hope that this is the second bull run and keeps on increasing until the end of the year or maybe just become stable in its current highest price.

[Jeet Narayan 1940]

First halving and second halving time Bitcoin price was very low so Bitcoin price go up with very high percentage but this time Bitcoin price is already high so this time it go 200%.

[tienda 8776]

I think lowest level of bitcoin we can calculate it day by day, to check out benefit, because if we see or check the table of price chart some times in minutes change his value, so I think in 24 hours is the best option to calculate or to analyse the price.

 

 

[bentayebsalah 2280]

Your words are correct, I agree with you, and it is expected that Bitcoin will increase significantly in its price during the coming months and achieve new price points.

[Sapdrx 469]

According to a German bank that performed research after Bitcoin the price of BTC is far below the actual value right now. I think the technicals also confirm this. 

[BTC Future 3946]

On 2/11/2020 at 7:29 AM, hmind said:

Historically Bitcoin has found its lowest level around the third year of every Bitcoin reduction cycle (halving) that occurs every four years. In the first halving cycle in the history of this asset.

The value of Bitcoin rose by around 13,378%, then the second halving cycle increased by 12,160%. Looking at the history, how far will Bitcoin rise in this cycle? Therefore, historical precedent is a strong reason for the bullish momentum to move forward.

With this reason, it is possible that Bitcoin will experience a good price this year, or even break new records.

I don't actually think that we will repeat and go to moon of 100K$ or even higher as many are suggesting. I find it really hard for Bitcoin to be able to sustain prices like these. It would mean that quite a few whales would be the richest people on earth, just because they are holding enough bitcoins. Doesn't make too much sense to be honest. 

[avatarkiyoshi 270]

There are so much speculation about the next Bitcoin halving and most of them show a positive trends. The data is based on the history of halving past event, plus the next Bitcoin halving event is very interesting people to search more about halving event. This proves that this event will be hype and very likely to break new high records.

[Afrizal rahman 2636]

Yes, it looks like Bitcoin will have a better time this year and we have even seen an increase now even though it's still in a bit of a state. At least this has begun to move towards the moon.

[Rickso 768]

On 2/11/2020 at 6:29 AM, hmind said:

Historically Bitcoin has found its lowest level around the third year of every Bitcoin reduction cycle (halving) that occurs every four years. In the first halving cycle in the history of this asset.

The value of Bitcoin rose by around 13,378%, then the second halving cycle increased by 12,160%. Looking at the history, how far will Bitcoin rise in this cycle? Therefore, historical precedent is a strong reason for the bullish momentum to move forward.

With this reason, it is possible that Bitcoin will experience a good price this year, or even break new records.

i think is too early to say if this bitcoin cycle will repeat again in future, it happen only 2 times and we need more years to see if this pattern will repeat. this year is the third halving and of 2 of them the price has always rose so it is a 100% stat, i hope it will repeat that cycle also this year

[Syedbesharat 5423]

On 2/11/2020 at 10:29 AM, hmind said:

Historically Bitcoin has found its lowest level around the third year of every Bitcoin reduction cycle (halving) that occurs every four years. In the first halving cycle in the history of this asset.

The value of Bitcoin rose by around 13,378%, then the second halving cycle increased by 12,160%. Looking at the history, how far will Bitcoin rise in this cycle? Therefore, historical precedent is a strong reason for the bullish momentum to move forward.

With this reason, it is possible that Bitcoin will experience a good price this year, or even break new records.

The chances are very high the price chart shows BTC  makes big run after halving every time.This time the price goes up from $20K,considered to be on $50K.

[suzuya 945]

Well we don't really know if bitcoin will beat it's own record, but for sure since there is an incoming halving, all of people who holds bitcoin will surely gain a good amount of profit once the halving started. As of now I keep on working to earn bitcoin so that I will benefit from the bullish moment when the halving occurs.

[bliznec 22267]

The price of bitcoin, I think that in May 2020 will double. This can make bitcoin a much lucrative asset. Many investors expect this, and a bitcoin halving will take place. 

[Sasaki 171]

Well the price of bitcoin as it's the top most cryptocurrency is very volatile and it's changing every second, so it's natural if goes dump drastically, but we can assure that this crypto will never dissapoint us, the halving is coming soon and we don't know if the price of it can overtake the price it reach last 2017.

[Shahud 1319]

to  the best of my knowledge and since i hav joined in crypto i see the lowest price of bitcoin as 3500 dollar and that time i was not financially stromg  and now i regret that is hould have bought bitcoin at that time

[ETheHedgehog 3104]

It is predicted that this halving cycle may rise the Bitcoin prices up to $75K at the minimum and may even reach upwards of $100K

[Fedor00 74]

Bitcoin has dropped now to the lowest value it had in the last 12 months or more and this is bad for the market. Hopefully after the halving takes place the price will start growing back up 

[johant123 1559]

On 3/7/2020 at 1:04 PM, crypto000 said:

Bitcoin is bought on top of everyone famous, it never goes down. 

That didn’t last long 😉

To be fair, almost nobody predicted this. I took profits in early February, but now I wish I had taken more 😛 But I see this harsh correction as an opportunity to invest. The long term outlook is still good.

 

[Philippe2001 356]

He will come down more with this global crisis. Everyone is apprehensive and suffers
 from fear of losses in the global economy, the stock market and stock exchanges.

[Rezort 846]

I believe that this halving will impact the price of bitcoin the most and it will gain something around 30 percent to where its now at least, because today much more people know about bitcoin.

[Saj555 2250]

Halving is a process where the price of the bitcoins are increased rapidly and also reduces the reward of the miners from 12% to 6% .But all halving is much profitable for all the users. This halvingincreases the price value of bitcoins very rapidly. The first two halving is the perfect example for that. So this time it will happen too. 

[Zaino34 0]

Bitcoin price fluctuated a lot and its price cannot be expected in the next session because the price this year has been affected a lot due to the Corona virus, but I think the price will exceed $ 10,000.

[DavCrypto 298]

Yes, this is true, we have been witnessing a decline for some time in bitcoin. This is true, but I expect that it will return to rise significantly in a few months.