Post
Topic
Board Speculation
Re: Bitcoin price will reach $4000 after halving ?
by
Getaman
on 24/07/2016, 16:11:48 UTC
I think that bitcoin will not grow like before x20 i think that growing will be much slower maybe 15-25% per 3 months because bitcoin first must become more popular than paypal to grow 20x.

Halving is past already, price is around $660, people who think that price is gonna grow to $4000 soon, are you ok? Grin I thought that bitcoin community without dreamers.

$4k will take long time to achieve and its not possible to reach there very easily as we are finding it very hard even to touch the price of $1k since long time.
reaching $4k can only a dream by this time, it is taking a long or short position after price breaks out of this triangle. If price breaks out to the upside, look for a target of $750-800. If the price breaks out to the downside, look for $600.
That is good actually because it will add up our confidence to invest in bitcoin, $4,000 will actually happen but as to when we cannot determine yet, maybe after the next halving as that is too far away with the current price. We should watch our for that.

$4000 could be achieved before the next halving. I think after good adoption, it is possible to be in 2018/19.