Post
Topic
Board Speculation
Re: Market will be recovery current year 2019?
by
eaLiTy
on 01/04/2019, 12:07:05 UTC
Bitcoin is going to makes some significant progress this year but i strongly believe that bull run might commence by next year because of the may 2020 halving.  The miners that keeps dumping the market are going to find very difficult to mine and that will reduce supply and in turned increase price.
The halving is a major component in the price recovery and right now the market is showing signs of recovery and we will see a range bound trade for sometime, i expected the market to go down during the month end, but it is still holding firm around $4k which is a good sign and the price might try to touch $8k by the end of this year, we might see a short rally and crash too, anything is possible until the next bull run.