Re: Lightning Network will help bitcoin`s price reach 6,000 USD in November
OP, no. Haha.
But I believe the halving will, if it follows Bitcoin's historic price trends. From the past halvings, Bitcoin started to rise gradual one year before the next halving.
Expect a high probability that that "rise" might start on May.
But I believe the halving will, if it follows Bitcoin's historic price trends. From the past halvings, Bitcoin started to rise gradual one year before the next halving.
Expect a high probability that that "rise" might start on May.
with the way people have been focusing on the next halving (which will be the third one) for more than a year now, i wouldn't be surprised if we saw the new ATH be reached by then instead of after the halving like last time.
specially when you consider the fact that the first halving causes a big rise, then by the time second one was happening people were skeptical about such rises but it happened bigger. this time that skepticism is smaller and the hype is so much bigger.
That's probable. The same with how the people have been focusing on Bitcoin's capitulation to "crash below $3,000, and then a sudden rally", a few months ago which never happened.
The people might have become much smarter.
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the thing i am not sure about is whether this is a terrible thing for bitcoin or not?
It's neither, it's the way of the market. HODL.