Post
Topic
Board Speculation
Re: Bitcoin going beyond $14,000 before May, history repeating itself
by
Xxmodded
on 24/01/2020, 18:22:28 UTC
I don't think that BTC might reach 14k till May. The prices of up and down every day this year could be an Impact of Chinese New year who knows, Even if it reaches 14k that's not a surprise for me because it has did in the past. Everyone are very keen on halving and lot of speculation reveals we can make good profit if we start investing now and I too believe this strategy will work. Let's believe in crypto for a good future that's all I can say guys...
The Chinese New year would surely have significant impact on the price of bitcoin in Q1 we all aware that annual celebration of that event is always synonymous with a price drop of bitcoin definitely this year wouldn't be an exception, the much talk about price reaching $14K should be aftermath of the halving from my own point of view thereafter the price might head to to higher price mark.

Look at the price righy now its already bounce after touching the 8200+ level thats why I believe that chinese new year bring bitcoin to bounce but I'm expecting to drop at 8500 to $8600.
But I'm still hoping that OP predictiob will come true this coming May.

I doubt that Chinese New Year has anything to do with this. 'Cause may be it is just natural circumstances that price are bouncing off after gradually decreasing, and we just bring some events to justify on what's happening in the market which is on the other hand could be one of the many factors existing, worse ain't even have any effect.
You look afraid with Chinese new year because bitcoin can going to lower price, but I keep optimist bitcoin always have higher price although what ever bad news but bitcoin keep strong, now we are waiting how most effective change of bitcoin halving make fantastic price for bitcoin become most expensive commodity price.