Post
Topic
Board Speculation
Re: Cryptocurrency price is coming back.
by
Janation
on 27/03/2020, 10:36:26 UTC
Bitcoin recover their position and have chance to come back again but of course we also can't ignore halving because this will become the next problem.
How would halving become a problem?
I think majority of us are thinking halving is good as it will result to the increase of bitcoin's price.
The fact is that almost every cryptocurrency user expects the next halving, because they are confident that this event will bring improvements to the cryptocurrency market.  At least halving, 2013 and 2016 showed very good results, and I think this year will be the same situation.

There are two basis of the halving giving good results this coming month.

Number one is the results it gave in the past two years which affected the price positively. If this is effective in the past years, then it would be this year too and that would apply the second basis, because of the fact that it is the reason for halving. Halving cuts the supply in half and that is the reason why it is said to have a positive effect on the Bitcoin's price.