Post
Topic
Board Speculation
Re: I Bet Bitcoin Reaches $10k In the Next 5-7 Days!
by
Oceat
on 05/01/2020, 16:49:51 UTC
Anyone wants to take me on a bet Bitcoin price reaches $10,000+ in 5-7 days? After the bitcoin's record breaking network hash rate news come out, BTC lost $300+ (traded below $7k), then gain $500+ within hours. 
looking at current conditions, it's quite difficult to think that the price of bitcoin can go up that fast in a short time. even more so if you see that halving will occur in the coming May. So, I think that the price of $ 10k will be reached between April or May. however, currently, the price of bitcoin is recovering little by little, so the price that is closest to the current price is $ 8000.
That escalated quickly but I highly doubt that would be the outcome because I know for sure Bitcoin halving effect will not boost the market that easily. It will take some time to be able to see the real effect o Bitcoin halving if you could just look at the previous halving you'll know what I mean.