Post
Topic
Board Bitcoin Discussion
Re: With this recent surge in BTC, is it possible to have all time high this year?
by
SquirrelJulietGarden
on 15/08/2020, 11:29:22 UTC
Despite the pandemic and the current situation throughout the world, BTC keeps on surging upward in price. This might not be far from the upcoming halving happening in the next 13 days. If BTC can recover like this from $3800 and now trading above $9000, it is likely to speculate that we might have another all-time high this year?
I don't think BTC will be able to get enough momentum to hit its all time high this year. 3 months and a half of month left. Furthermore, the history of BTC shows it only reaches its new all time high approximately 1 year after halving days. It happened for several times and I won't wait for the exception this year, after this halving.

https://ihodl.com/infographics/2018-04-09/chart-day-bitcoin-reward-halving-and-price-history/