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Thanks
My prediction I feel is the same as what you think.Thanks
that bitcoin will move through $ 10K for the next few weeks. if it happens that a positive movement of bitcoin will occur and it is possible that what has happened in 2017 with bitcoin will be repeated this year.
maybe even more.
I'm sorry but the real action should be in 2020-2021 and not this year. But it is good to see the price to hit $10k in the next coming weeks or month. But I have to say that if we wanted to see 2017 again, it should be around after the bitcoin block halving event.
Absolutely correct mate, kindly look at this chat which has just explained more of the verbal Bitcoin halve from History.
With this simple explanation, the next Bitcoin halve should be expected after the halve and not before or during the Bitcoin halve in 2020. But the demand has risen for Bitcoin, which means they are buying against the Halve.
This halving cycle is looking different from prior ones. Right now we are at the equivelant of late May 2015, and just compare - this time the price is doing far better. I think miners aren't being so stupid, instead of selling as they mine they are selling enough to pay for mining costs and holding the rest. They are doing this because they are confident of the price going up over the next 2 years, whearas before it was just a huge question mark what would happen after the next halving.