Post
Topic
Board Speculation
Re: 2016 Bitcoin Predictions
by
Supercrypt
on 27/01/2016, 07:29:37 UTC
Here are my Bitcoin price predictions:
1. BTC stable at around $400-$500 for the next few months.
2. 40-50% spike for block halving hype.
3. Retracement back down to $400-$500 level.
4. Slow rise to $700 per BTC once weak hands are out.
The price of Bitcoin is stuck at around $400 now. I think that it will rise to $700 after halving.

Yes halving is going to be a major event in 2016 with respect to bitcoin price levels. I believe bitcoins prices may test $2000 also just due to the supply decreasing factors.
Generally no one can exactly predict how this halving going to impact on bitcoin prices.