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 wanted to be a fly to see the face of Tom Lee and john Mcafee, they were the people who always made very optimistic price forecasts and the year is ending and all I see on the news channels is dark news like these:
Bitcoin Set to Enter Disbelief Phase Should Hodlers Prep for 2.8kJust imagine:
at the end of next year John McAfee sitting in his boat and then opens his laptop, enters the coinmarketcap and look at the price of bitcoin:
1 BTC = $2800. hahaha
the guy will have a nervous breakdown
while John McAfee is having a nervous breakdown because he saw him priced at $2800... at the same time Tom Lee will be getting a lot of calls from his customers complaining that they lost a lot of money. hahahaha
Jokes aside, of course I find it impossible for the price to fall to $2800. But the bottom line is that it may be possible that it will take many years after half to see high prices