Post
Topic
Board Speculation
Re: Another critical analysis
by
suvo05
on 09/05/2020, 19:07:59 UTC
The price is now on the rise and I think it will still move upwards. The key factor is certainly a close reduction in the reward for a new block of bitcoin. After reducing the reward, the price may go down, but I do not think that it will fall significantly.

But history tells us the opposite, as reward reduced to half the total new supply per year also reduced to half, so the demand corresponding to supply rises.   The last two halvings had that story. Let us see what happens this time.