Post
Topic
Board Economics
Re: Does Pump is Coming
by
KennyR
on 18/03/2019, 16:19:42 UTC
Too much positive news about 2020. I hope all these predictions come true. Because there are all prerequisites for this. The market should turn around and go up after a fall. In addition, cryptocurrency is increasingly being used in completely different fields.

It`s not too much, it`s just cutting supply in half, in economy that is a big event. Pumps and dumps are happening everyday, what people expect to happen after halving is price to skyrocket immediately, but that will not happen like that, like it didn`t happen like that in history. This is not a first halving, nor the last, just this time we have new 4 digits bottom, last halving was with 3 digits, the one before that with 2 digits bottom. Now you need to understand that halving in 2024 will probably be with new bottom, with 5 digits. I hope you understand me, I can clarify if someone wants.
For now only halving has been confirmed as a big event next year, but who knows next year there will be news or other big events that make many people interested in buying again? usually after halving there will be a lot of positive news, Hope so
The present market is good to provide with a bigger profit at the earliest. The price of bitcoin has been getting recovered and has crossed the $4000 mark. With the past price growth soon after crossing $4000 it fell back reaching $3900. Now this has been progressing with the price staying above $4000. Expect this price growth to continue in a stabilized way supporting growth by the time of halving.