Were we too optimistic for the 3rd BTC halving?

[zendicator]

Im very positive about the halving of bitcoin because for me it creates more value than the past halving. I am looking forward to see a steady growth of bitcoin and ethereum pre-bull run and I believe the start of the next bull run will be after the launch of Eth 2.0 this year.

[Pegasus]

Actually, good things happen after halvings. Late 2020 and 2021 will be very interesting and bullish.

Does it happen already? It still doesn't happen, bro. We still bet on it to happen at the end of 2020 or 2021. Many experts also believe that the significant increase just happens after months or a year after halving day. It happened in the two previous halvings.

Yes, nothing much happened. That's why I said late 2020 and 2021 would be very interesting and bullish. Many people expected bull run before halving. But the market players didn't let them satisfied. Many more people know bull run will follow halving. But I doubt market players will let them satisfied either. It's no surprise if we have to wail until 2022 to see what we all want.

[carcas]

Most likely it can happen but it takes time and process to reach prices above $ 20.000. If seen from the history of halving bitcoin. the price will increase significantly in the following year and that has already happened to the previous halving

[Cryptoz]

The first and second bitcoin halving successfully raised the price of BTC an insignificant increase. however, it is different than the third Bitcoin halves. As you said, it may be because of a certain era where the BTC is no longer popular again, moreover it is in the pandemic era so that everyone better to use their funds for their life than investing in BTC. It is slow enough to see the progress of BTC price increase of the third halving. 

[Quart]

We aren't too optimistic but we just have a big expectation on it. That's normal because if we leaned the previous halvings, there was a big surprise after halving day. And we also predict it can happen the same as the previous.

[Absolutep]

Based on the history of the effect of halving on the crypto market, i will say it is too early to conclude that the effect of halving is not reflecting on the crypto market, we should expect something next year.

[TomPluz]

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

Maybe in 2021 but not in 2020 though I would be so happy to be wrong with my feeling this time. There is a big chance that the halving effect can be felt fully next year and that in 2020 we might as well expect BTC to be maintaining its near 10K level.

[Jaguar]

The possibility is always open as long as bitcoin is not dead. Nothing halving to expect once bitcoin is dead so we need to become optimistic because we need it to improve ourselves how to deal this matter now. We should go on despite of market condition.

[Bobcrypto]

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?

Firstly, there are some positive impact in
On the current crypto market, plus the fact that the 3rd BTC halving happen at the time the world was battling the pandemic covid19 desease. This pandemic could have hit hard on the crypto economy just like it did to the various sectors of the world economy. I think halving has helped in great ways.Bitcoin & altcoinstalks has survive the corona virus rigme, thanks to the strong resistance of Bitcoin which is a plus to general crypto ecosytem. This is my opinion.
As for Bitcoin returning to the $20k mark like it did in 2017, I think crypto is unpredictable, and in incrypto, anything can happen; the timing of any bull run the the 2017 type may be difficult to speculate or forecast.

[Magician]

I think it depends. Some people bought bitcoin before halving and hope for quick profit by bull run right after halving. Maybe to them it's over hyped or over optimistic. But to long term holders like me, I bought bitcoin hand have been holding for long time, I have a specific target and won't sell until it's reached. I have enough patient to wait and hence, over optimistic is not true to me.

[MrSpasybo]

I think it depends. Some people bought bitcoin before halving and hope for quick profit by bull run right after halving. Maybe to them it's over hyped or over optimistic. But to long term holders like me, I bought bitcoin hand have been holding for long time, I have a specific target and won't sell until it's reached. I have enough patient to wait and hence, over optimistic is not true to me.

Wow, would you mind sharing your expected price with BTC? ATH $20K or $200K? And in your opinion, when will you sell BTC, in the near future or the far future?

[Alter]

I don't really expect about a big surprise on Bitcoin price because of the third halving. In my opinion, halving now isn't the same as the previous one. So, I am not sure that the price of Bitcoin can move up just because of halving only.

[Senin]

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

Maybe in 2021 but not in 2020 though I would be so happy to be wrong with my feeling this time. There is a big chance that the halving effect can be felt fully next year and that in 2020 we might as well expect BTC to be maintaining its near 10K level.

In my opinion, there is no reason for disappointment yet. Since the last halving in May, bitcoin hasn't dropped significantly in value in the first few months, as it did in the first two cases. In addition, Bitcoin, ethereum and other cryptocurrencies have risen quite well since May. And in all previous cases, bitcoin grew significantly in price only after about a year. Therefore, a good rise in the price of bitcoin should be expected no earlier than next spring.

[TERMINO]

Things might be hard for Bitcoin to reach $20,000 this year because the world is not yet fully recovered from the impact of pandemic. Maybe in another year or years if everything back to normal.

[yashwant]

We were optimistic for BTC but not as much as it has grown. btc has grown more than expected