Post
Topic
Board Bitcoin Discussion
Re: Look at the setup that is developing right now for crypto
by
pakhitheboss
on 07/04/2020, 01:27:54 UTC
So 3 things:

1)Market optimism is about to explode assuming we are truly moving away from Corona
2) Stimulus Checks
3) Halving

Is this the perfect storm coming?

I think it is still early to come under any conclusion. There will be a spike but not more that 2k at the current price point. This will only take the price of Bitcoin to 9 or 9.5k. it will be still trading below 10k.
In order for Bitcoin to jump above 10k, we need some good news against the virus. I do not think that news will come before halving. After halving we all know there will be a downward rally for bitcoin.