Were we too optimistic for the 3rd BTC halving?

[Riya143]

It is natural that the price of Bitcoin will change constantly. But the price of Bitcoin has not risen even after Bitcoin was halved. I have not seen such incidents. But this year I have noticed that the price of Bitcoin has not increased even after the halving of Bitcoin. That means at the present time he has increased the price a bit. However, the price did not increase due to halving. ETH 2.0 has increased the price of ETH. However, the price has not increased before. Earlier prices were low. The price of two coins at Bitcoin and ethereum has risen a lot this year. So I'm hoping for better results up front.

[Rain075]

Yeah Al that sounds pretty crap to me, Looks like Bitcoin aint for me either. Within this third step, the price of Bitcoin will exceed 15,000. But that's not to say that the price of Bitcoin has started to fall again before the price of Bitcoin has risen to 13,000. I don't know what to do after that. The price of Bitcoin will not increase and will go further down.

[AllSii]

Yeah Al that sounds pretty crap to me, Looks like Bitcoin aint for me either. Within this third step, the price of Bitcoin will exceed 15,000. But that's not to say that the price of Bitcoin has started to fall again before the price of Bitcoin has risen to 13,000. I don't know what to do after that. The price of Bitcoin will not increase and will go further down.

If we are talking about medium-term investments, the price of 15 thousand is the nearest goal for bitcoin, which we can achieve in the coming months. Currently, a correction is required for BTC.

[Noverteno]

It is too early to discuss the price effect of the May cut in miner rewards in half for each new block of bitcoin mined. It will be possible to talk about this in a year and a half. Usually by this time this effect was manifested. Since the price is expected to be quite high by this time, at the same time, let's see if Bitcoin can rise to such prices.

[bigcash2011]

Towards the end of the year hopefully we are going to see some fireworks from the crypto market and it may start from next month because we all know that historically a big bull run is due and it can start anytime now.

[Black ID]

By looking at the developments in 2020. So it will be difficult for BTC to return to the way it was in 2017. Even at the end of this year I am not sure it will be the same as last year 2017.

[Noverteno]

BTC Halving has taken place but we still haven't seen its positive effects on the crypto community. The rally only lasted a few days, currently Coinmarketcap is engulfed in the red of the downtrend. BTC was defeated at $9861, while ETH was defeated at $215.
Perhaps we were too optimistic for BTC's 3rd Halving event. I think the mission of the BTC community in 2020 is to conquer and maintain the price of $10K, while the ETH community will need to capture the price of $500 thanks to the motivation of ETH 2.0.

What's your opinion? Do you think BTC could return to the $20K price level of late 2017?

It is sometimes interesting to observe the prices of cryptocurrencies, which were quite recent. Yes, last year we still had a desire for the price of bitcoin to rise above $ 10,000, and ethereum above several hundred dollars. From the current position, when the price of bitcoin is over $ 60,000 and ethereum is over $ 4,000, we understand how quickly our cryptocurrencies have grown. It can hardly be said that the expectations of the last halving did not come true.

[Doctor]

By looking at the developments in 2020. So it will be difficult for BTC to return to the way it was in 2017. Even at the end of this year I am not sure it will be the same as last year 2017.

Don't underestimate to bitcoin.
Bitcoin has touched new ATH, at 65K USD, many investors doubt about bitcoin will touch new ATH.
But not for me.
I think bitcoin will touch new ATH, more than 65K USD , It will touch 100K USD at this year. Let's see.

[Alcor]

So far, the expectations of a high price growth of bitcoin after the next halving have fully justified themselves. Within a year and a half after this event, the price of bitcoin usually rises significantly. Since the last halving in May 2020, the price of bitcoin has risen from about $ 10,000 to the current $ 68,000. And now we expect further growth of its price up to one hundred thousand dollars. Whether this hope will come true - we will see, but bitcoin completely fulfilled its price program after the last halving.

[nakmantu99]

So far, the expectations of a high price growth of bitcoin after the next halving have fully justified themselves. Within a year and a half after this event, the price of bitcoin usually rises significantly. Since the last halving in May 2020, the price of bitcoin has risen from about $ 10,000 to the current $ 68,000. And now we expect further growth of its price up to one hundred thousand dollars. Whether this hope will come true - we will see, but bitcoin completely fulfilled its price program after the last halving.

I think many People believe in bitcoin , They predicted bitcoin will touch 100K USD at the end of this year.
Yes, If said bitcoin completely fulfilled it's program after the last halving, I agree.
But I see bitcoin still has potential to hit new ATH.