Halving's effect on bitcoin price

[Paglamon]

We’ve already discussed what happened in the last two halvings and it is believed that the trend would continue. However, nobody can tell for sure if this time also the price is going to increase only. We saw the first demonstration of how people would react to Bitcoin halving in 2012 when the prices started to rise after some time. Then on the second halving initially, we saw little drops in the prices of Bitcoin but it gradually increased over the course of the year.

So, the theory of Bitcoin halving is that when the Bitcoins supply declines but the demand stays the same, it pushes its price up. Now, if this theory has some truth, we would see an increase in the prices of Bitcoin this year as the halving has started showing its effects on the prices of Bitcoin already.

Although, as of now not most people aren’t aware of Bitcoin halving 2020 and its effects, it is likely if enough people know about it in advance, the prices would instead increase before halving.

[Cryptoz]

We have discussed this many times. Indeed halving has a role to make Bitcoin price increase significantly. I think in the next few weeks or months, we will see the increase in Bitcoin prices in a huge amount. It has been proven in previous halvings that Bitcoin price really increased high.

[sampoerna]

The theory is always the same: when the demand is higher than supply, then the price will rise up. It is also proven in Bitcoin halving. As the supply is limited in mining, so it triggers the price of Bitcoin to increase.

[debra]

The effect has been clearly visible before the halving day. Crypto market has been growing in last few weeks. But unfortunately it was not too significant.

[therozaq]

We have discussed this many times. Indeed halving has a role to make Bitcoin price increase significantly. I think in the next few weeks or months, we will see the increase in Bitcoin prices in a huge amount. It has been proven in previous halvings that Bitcoin price really increased high.

I think bitcoin halving will make bitcoin price increase at the several months again. Maybe at the end of this year we will see the bull market of bitcoin. Many investors predicted that.

[pelana vreo]

Halving bitcoin does not currently show price increases as many people want, but the price of Bitcoin will rise quickly when there are many investors who want it.
I think this year the price of Bitcoin can stay at $8k to $10k, that's good compared to last year the price of bitcoin touched prices below $5k because there are many rejections from several countries, I still believe the price of Bitcoin can go up to $ 20k like in 2017 but we need to be a little patient to see it

[naitik01]

Even before now, we have seen that bitcoin has grown rapidly after halving its value. This time too, the value of bitcoin will rise further as the mining rate is halved.

[dekafee79]

We have discussed this many times. Indeed halving has a role to make Bitcoin price increase significantly. I think in the next few weeks or months, we will see the increase in Bitcoin prices in a huge amount. It has been proven in previous halvings that Bitcoin price really increased high.

I think, I agree with your opinion mate. At the next few  weeks or months we will see the increase of bitcoin prices. Because bitcoin halving will affect the bitcoin price at the next months again. Lets see.

[Nestle]

Halving is very influential to increase the price of bitcoin and it is very necessary to increase the interest of investors and people who want to buy or mine bitcoin. I support this year's halving and hope that prices will soon increase

[carcas]

Bitcoin needs time before prices increase. It could be that next year will be seen an increase that occurs in bitcoin and it always applies when viewed from the history of halving that occurred in bitcoin

[I-Bit]

Yeah, basically halving is done by reducing a half of the block reward. That is why miners are busy about it in order to get enough income again. One of expectation is only by the price of btc and also fee transaction.

[hair]

We can only wait for the price of bitcoin to increase after halving, maybe this year or next year. bitcoin always has an upward trend after halving. let's see

[alltalk]

You are right. Basically, when halving, the block reward is halved. Some experts say that Bitcoin halving will give a positive effect on the price, it means the rising price. It is what occurred in the previous halving. But yeah, there is a big different price with the previous halving in which the current halving still does not give big effect to the BTC price. It can be seen from the graphic below:



I wonder why the price cannot rise up so significantly like previously. Is there any relation with the Covid-19 pandemic? or, only because of the limited supply but still low demand? Or, it needs more time or months for the market to increase highly as predicted.

Source:
https://smallcaps.com.au/bitcoin-halving-what-is-it-how-will-it-affect-pricing/

[Quart]

I think the halving has given the effect on BTC price. The price of BTC has improved before halving and it also increased a bit after halving. This is more than enough as the sign that halving has effects on Bitcoin price. But yes, so far, the effect isn't so big. 

[Review]

If you see the price prediction of btc goodly then you will understand the halving don't occur much in price this time... Before halving btc price was around 6k usd and after halving it price 9k+ usd...it's not a big change