Post
Topic
Board Speculation
Re: Bitcoin halving 2020 prediction
by
wheelz1200
on 29/11/2019, 21:02:17 UTC
An insider with his ear on the tracks, whispered to me this:

The next much anticipated halving event will be a dud. There will not be a parabolic push up in price. It will steadily move sideways in the 5,000 range with low volatilty. Baffling everyone and flattening peoples interest in bitcoin. Meanwhile people will start buying and trading alts again and stablecoins will see a significant rise in popularity especially with big corporations.

So much for making big gains from the next Bitcoin halving event. You are all shit out of luck?

I kind of agree with this.  I dont think the next leg up will happen until 6-12 months after the halving.  Halving event pricing is priced in up front so it's hard to say that the lower block rewards will result in higher prices.  I would say we should be in this same type range (7-9k) up until halving then a little drop off until we start to see steady surges coming in behind it.