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?
well i am really sure that price will change, it will fall down or will rise but it will change for sure
and i think that price will rise at first, to 600$ and then worst part will come, every person that boguht bitcoins for halving will sell them to get profit, so i am afraid that price will fall down instantly