Quote from: okala on March 21, 2020, 06:12:19 PM

Quote from: SwayStar123 on March 12, 2020, 07:50:49 PM

Bitcoin halving combined with this bitcoin price halving will surely leads to greater rise in price

Less bitcoin earned by miners --> Price of bitcoin is less --> Miners refuse to sell at loss --> Lower seller means buy pressure is high --> Buy pressure is high means price is high

Bitcoin halving has been the major reason why bitcoin pumped in price and no matter what happens we should still hope that halving is still going to influence the market. If not the covid19 issues we should have see bitcoin above $11,000 by now but because of this apidemic we are having bitcoin down. However hoping that things get better in days and months to come.

Indeed, we are getting better now than of the past days. It sounds like panic sellers have realize already about their doings and have to change their mind instead, they'll be in holding. Halving might be of big help for the fast recovery of the market and I hope it well. We all been positive so we don't need to drag the market down instead of helping it so recover.

We are heading back to $7k and all become hopeful that during halving we saw pumps and not dumps.