Post
Topic
Board Speculation
Re: My first experience of Bitcoin halving, I'm excited.
by
Leon83
on 15/04/2020, 12:25:39 UTC
After the last halving, things have been changed a lot, so, we can't expect another 12000 or 10000% growth like before! This time, people will sell more if bitcoin price ever goes to 15K USD or plus! Because the longest bear market in 2018 ruined lots of things, and that's impact still not gone from the market! So, I don't think we will see a massive pump, but I wish to see Bitcoin at 15-20K USD once again! Many people think bitcoin price will jump immediate after the halving, but by seeing last halvings statistics, we can say it will take a year or two!

Last cycle Bitcoin stayed in the price range of approx. $200-$1100 for 1170 days! If the same is to happen this time we'll get a new all-time high in february/march 2021.

New price discovery means FOMO. And this time we get FOMO from financial institutions aswell.