Re: Lightning Network will help bitcoin`s price reach 6,000 USD in November
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.
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.
i never expected a capitulation event a few months ago, not until after a significant upside correction first. i still think a capitulation event is possible too. it takes many months to form a market bottom. i wouldn't declare victory yet just because bitcoin went sideways for 3 months. we had a long sideways like this at $6k too.
i still like the "sideways 2019" scenario but i'm nervous at how bullish everyone is getting. 3 months since the bottom, we've only recovered $900 and y'all are already predicting new ATHs next year. people are usually a lot more pessimistic at the beginning of bull markets.....