Ok, so we re less then 3 months away from halving. It s going to be a very interesting period for crypto and what effects is it going to produce, it s still big time unclear.
Here are potential options:
1. nothing changes
2. the price doubles of more, current miners remain profitable and new generation of miners enters the game, the difficulty keeps rising
3. the price does not change, 90% of current miners become unprofitable, the difficulty drops big time, new generation of miners fills the gap.
4. the price drops due to false expectations, crypto slows down and eventually loses lots of people. Crypto dies.
What would you say we should expect?
The number 1 and number 2 are highly unlikely to happen. Rather i think the option no 4 "the price drops due to false expectations, crypto slows down and eventually loses lots of people. Crypto dies. " is never going to happen.
Price can rise enormously or maybe little bit . Its depends on the trend which will be there for next 3 months.