Post
Topic
Board Speculation
Re: Will Bitcoin price pump to $20k dollars next year?
by
Linkkoin
on 20/12/2019, 11:43:47 UTC
Let's see the historical data:
- First halving, on November 2012 : Bitcoin increased from $11 to $1,100 in 2013 (one year later)
- Second halving, on July 2016 : Bitcoin increased from $600 to $20,000 in 2017 (one year later)
- Third halving, on May 2020 : Bitcoin increased from $6,000-$8,000 to $??? in 2021 (one year later)

Based on historical data, the maximum rate of BTC in 2021 (not in 2020) should be more than $20,000 (ATH in the second halving).
However, there is no guarantee, mate.  Wink

*Halving data got from: https://hackernoon.com/will-bitcoin-skyrocket-after-the-2020-halving-like-in-2016-b61c6568debb

We will see as well how big the hype will be. In 2017 even morning show celebrities were overreacting about Bitcoin.