Post
Topic
Board Bitcoin Discussion
Re: Will Bitcoin have a price increase before the halving like we saw in 2016?
by
CoinBitCoinMoney
on 08/01/2020, 15:51:43 UTC
In 2016 the halving was early July.  Depending on the exchange, the price was as follows:

May 1, 2016 $453
June 1, 2016 $536
July 1, 2016 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?

Before the previous in 2016, but market has started and the price of bitcoin increased. So, the tendency that the past would repeat itself is likely but not 100% certain.

But it is certain that holders will not lose but gain profit at later months after halving if at all the bull does not start early. So, what matters most is the bull run to start this year so investors can profit.