Post
Topic
Board Bitcoin Discussion
Re: Will Bitcoin have a price increase before the halving like we saw in 2016?
by
Aikidoka
on 08/01/2020, 17:13:06 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?
We probably expect a good increase of bitcoin's price in the next halving, we need just to wait and hold our bitcoin because I'm sure that the price will increase higher this year. I hope that the price will increase back to 20k$ by the halving if we're so lucky or maybe at the end of this year.