Post
Topic
Board Speculation
Re: Will Bitcoin have a price increase before the halving like we saw in 2016?
by
keeee
on 08/01/2020, 12:32:10 UTC
In 2016 the halving was early July.  Depending on the exchange, the price was as follows:

May 1 $453
June 1 $536
July 1 just before the halving $677

The price increased about 50% from May 1 to July 1 just before the halving event.

Should we expect something similar this time?
As we expected I think it will happen after the halving coz we all know that the halving season is near and only have few months but until now there is no movement on the bitcoin's value. So my speculation is the value of bitcoin will raise after the halving season.
Hopefully it will happen so we can earn profit from what we are holding right now.  We are not 100% sure about it but we still hope because of what happened last 3 years ago. But when we compare the value of bitcoin now it was higher than what it is before last December.