What are your thoughts on Lightning Capital Hedge Fund Manager, Charles Hwang, predicting BTC price will rise between $20-$50k after
Bitcoin halving?
I do really want to believe in this case because it did happened last 2017 but the thing is, not everything would happen the same as usual. But let us all put our hopes on because it is for the benefit of us. So, with all these predictions and stuff, we still must observe possibilities specially when we are a trader or investor in which we must worried about.
what happened in 2017 wasn't to our benefit , it was a temporary bubble that could not be sustained
I don't want the same happen and would prefer a steady rise backed up with the global adoption and more awareness about bitcoin and blockchain and its benefits
all of the predictions like that are simply PR stunts and are useless , where are all of the predictors who promised six figures ?
none of it came through and the reality , as usual , is going to be slightly different to what we expect
do not count out black swans and hope for better , but do not get disheartened if the price stays in the same range after the halving
it is unlikely , because historically we see a parabolic eventual increase in between the halvings , but not impossible at all
including a price dropping too , by the way