Post
Topic
Board Bitcoin Discussion
Re: What if Bitcoin never reaches a new ATH?
by
Wintersoldier
on 05/01/2020, 07:19:24 UTC
this is what happened guys, in my assumption. Whales is waiting for everything to be quiet, bitcoin holders are getting tired. and most will sell their BTC. I saw this when I was 2014 last. which BTC has the lowest price of around $ 200. and at that time trading was not like today. that's when whales made a surprise by pumping, then continued until 2017. I believe bitcoin still has a new ATH and it will come soon.
Basically we all know that miners are getting profits by selling BTC and there's no way they could sustain their mining facilities if they hodl allot of bitcoin and sacrifice their own self made money from their outside world jobs. Miners will surely sell Bitcoins but the only difference from before and today is the market price they will try to sell and it is no doubt to be higher than ever. So think of ATH, if the miners will be the reason then it will take time to reach the ATH unlike in 2017 which is like the shotgun attack of price increase from nowhere.