Post
Topic
Board Speculation
Re: Bitcoin Halving Price Prediction $55,000 - $130,000
by
d3nz
on 15/01/2020, 15:21:21 UTC
Another exaggerated prediction, that is all I can comment.
I think that expectations from halving are too high. It might influence the price in positive way, however that will probably be on short term and on a smaller scale. I don't expect some huge price jump and especialy not price range of 55000$ or more, I.don't think that is likely at all.
And that would be a big jump and we don't know yet if the bitcoin's value will still rise up to $15,000 or more, we just need to wait and take advantage of the market's flow. Even thou there is a lot of prediction we just always need to accumulate and I am really expecting a rise in the value of bitcoin because the halving is near and once the reward will be in half then a few miners may only mine it since it could be not profitable for them because of the electricity consumed in bills.

And better to check the value of bitcoin every hour since it is going up or down as of today.