Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
katrinmi
on 23/10/2019, 16:15:51 UTC
Do you think there will be a strong price correction before or after halvening?  I'm not asking you for financial advice, I just want to know what you expect more.

 Not expecting us to drop below $6k USD/BTC before the halvening, but anything can happen. I do expect the price to be back above $10k before the halvening, but don't have a good "gut feel" for where we will be six months out, post-halvening. Too many variables are unknowable right now.

 If I was to pull a number out my ass right now, I would guess around $20k USD/BTC, six months out, post-halvening. Trying to set my targets intentionally low so as not to completely bum myself out sorta thing.
Yes, as practice shows, the lower the expectations, the more pleasant it is to look at the chart!  Cheesy