Post
Topic
Board Bitcoin Discussion
Re: Could this be a bullish sign as halving approaches?
by
jostorres
on 01/01/2020, 05:31:51 UTC
For me, I think this could be another "unsure" prediction or analysis.

Although the hashrate of Bitcoin has increased significantly, this isn't guaranteed that Bitcoin will be having a big bull run when halving draws near. Remember that there are still scammers out there like PlusToken, lurking from the shadows, waiting to strike when BTC moons, then they dump a lot of their assets to bring the market down again.

I can't be sure if the increased hashrate of Bitcoin would really become "bullish" because the market today is so unpredictable. What do you guys think?
Well, you already said what it is – an unsure prediction. I’m really fed up with these predictions and I have stopped looking at them but just Hodling my coins till there is an increase. I have also seen a prediction yesterday on Coindesk that there might not be any increase before or after the halving. The author claimed that the next halving might end up different from the other halving we have seen in the past years.

I don’t really know if this is going to be true, everyone has their own opinion, though I’m not the type with the negative thought , I have a strong faith that there is going to be an increase anytime soon.