Post
Topic
Board Speculation
Re: Bitcoin Halving Price Prediction $55,000 - $130,000
by
Lucius
on 15/11/2019, 14:17:11 UTC
the run-up to $14k in my view was the result of the reverse-bubble burst which caused a big surge of money coming back in and shoot the price up.

One of the more sensible explanation for April 2019 pump, especially considering that some claim that it was actually Bakkt who caused it by buying 100k BTC for their service.

Since OP is just copy/pasted some info about halving the only thing worth commenting on is price after the last two halvings. There is no doubt that in both cases a rather large pump occurred, but only after a while, not instantaneously at halving time. The question that is worth billions of dollars is whether the story will repeat itself or this time it may take an unexpected turn?

Considering the past and present price, the next ATH could be at least x10 or x20 from the current price which brings us to the numbers close to $100k or maybe even $200k. But we also know that the correction will be brutal, and it can delete up to 90% of the maximum value.