Post
Topic
Board Speculation
Re: How will the Halving affect the BTC price?
by
Pamadar
on 01/03/2020, 16:25:30 UTC
Considering it is only affecting the miners maybe it won't affect as much as we imagine it may? I mean we are talking about something major for miners of course and those miners are a major part of crypto as well so all in all we are still talking about something important but people are reacting like "after halving price will be $100k!!!" or whatever and that is not really realistic.

Definitely, it will be affected and sure even if not right after halving, some time after halving the price will be affected as well and we will see it go up, but I doubt this halving could ever affect the price like going to $100k or whatever, it will at most make it $20k once again and that's about it.

It will make a good bounce and reached maybe the last time high or more than that, since each halving brings good effects to entire market and once the whales also played alongside with the fomos this would be an interesting event, many people will be attached back and place their respective position knowing that opportunities are being open to them. We have to consider the history and if it will repeated itself more chances to earned and make this  business as more profitable.