Ninjastic
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Re: Bitcoin back to $10k soon according to Bloomberg?
by
romero121
on 03/01/2020, 06:13:47 UTC
Quote from: darkangel11 on January 01, 2020, 08:23:14 PM
Quote from: Wexlike on December 30, 2019, 06:57:36 PM
Quote from: Stargazer on December 30, 2019, 06:30:09 PM
After many days I can agree with a prediction because this prediction really makes sense! Right now Bitcoin price is 7400+ USD, the next target is 10K USD which is Bloomberg predicted, but in 2020, Bitcoin price should cross the 15K USD zone to have a bull run in 2021!

I expect some 16k$ price action before the halving with a significant drop down before it. Let's wait and see I suppose.

Many people predict a pump months before the halving but are they right? So far this prediction by Bloomberg is not fulfilling and there are no sins of a big pump. The 9k Level is a strong resistance even if we were to hit it now we'd probably get rejected once again. I guess there's no catalyst that would make ups move forward like that positive news from China months ago.
The countdown for halving have been begun long ago, market is predicted to give a hard price pumping this year. To the expectation there is no big movement forward. Probably this is an indication of price pumping for the falling weeks. Last year there is no halving and no big event, the growth started from the second quarter and gave a reach as high as $14000. This time we've got more special events to fall one by one with bitcoin and other cryptocurrencies. This way reaching $10000 can happen anytime soon.