Post
Topic
Board Bitcoin Discussion
Re: What if BTC never reaches all time high?
by
FanatMonet
on 03/05/2020, 13:16:18 UTC
???I don't want to admit it but second all time high now would be also fine

I'm also fine with it, but it's unlikely, Bitcoin all time high was almost $20 k, it is easily reachable given that the supply is cut in half and adoption is in progress, there could be delay, but definitely another all time high is coming.
Halving will not give any sharp explosive rise in price, the market will need time to feel a shortage of coins. Last time, it took about 1.5 years. And looking back at that time, then the price was still very strongly inflated by whales, and a bubble formed. This time, I think, everything will be smoother.