Post
Topic
Board Speculation
Re: That Crypto Guy Takes Profit From BTC Long
by
Silberman
on 10/12/2019, 16:50:04 UTC
Quote
Interested to hear your thoughts for second half of 2020 as I clearly see a bearish market for the whole year (ABC correction, halving effect won't happen). Price below 5k at some point.
Just my opinion.

Opposite from my views. Since halving event will gonna affect the supply, bitcoin's price will be bullish. If the btc's price will hold at $6-7k until january, I am expecting $10-15k next yer.
The bitcoin halving is going to affect the supply but the effects are not going to be felt immediately, besides each halving is getting smaller so the effect on the market may even need more time to be felt than what happened in 2016, if anything I agree with the prediction, many are expecting a bullish year of 2020 not realizing this was the bullish year and most likely the next year will be one where not much happens except a slight decrease in the price of bitcoin.