Post
Topic
Board Speculation
Re: Bitcoin going beyond $14,000 before May, history repeating itself
by
Wysi
on 11/01/2020, 18:09:36 UTC
Such threads gonna lead to more speculation which in turn will make people FOMO and this would lead to a price rise. I don't think that this rise will halving as the basis. It will be more of euphoric rise. People speculating and buying in. Halving is indeed a big thing for Bitcoin but it won't matter much if you only focus on supply and demand. But the price prediction surrounding it can change the sentiments to the great extent.

Yes these thread will definitely create FOMO amongst new users but I have been into crypto for years and this time even I feel the market will repeat 2017 due to halving and it's after affect but this particular pump will not last longer as it now looks like a trap in order to dump the market hard before the halving.