Post
Topic
Board Bitcoin Discussion
Re: Can bitcoin halving make cryptocurrencies reach all time high again?
by
giammangiato
on 13/05/2020, 20:43:02 UTC
There are times I will sit down and think about bitcoin halving and when cryptocurrencies  will reach new all time high. The last time it happened was in 2017 for strong cryptocurrencies like bitcoin.


if we could double the current price (therefore $ 18k) it is likely that we will test the ATH quite easily and after the ATH there would be (as experience shows) the moon.

Due to the resistance and the mechanism of the FOMO it is VERY (but VERY) the most difficult to double the price from where we are now that to quadruple or quintuple once the previous ATH has passed.

The difficult (it is not at all obvious) is doubling in price from where we are now. The later would be the easy part.