Post
Topic
Board Bitcoin Discussion
Re: Bitcoin might never reach it's ATH anymore
by
Coroline
on 30/09/2020, 14:15:46 UTC
... that's what I thought way back 2016 when I started embracing cryptocurrency in changing my life and it always prove me wrong. Bitcoin was able to fly at $20,000 way back 2017 ...
Yes, it is true.  There is still a chance to rise above 20k USD as long as there are big investors backing up BTC.  They don't want bitcoin to close or even die, until finally this condition forces them to keep providing livelihoods to miners so that transactions can continue to be processed.  Halving is the most key process in the BTC network.
The halving causes the miners to get less rewards, so big investors must immediately make price adjustments with the aim of keeping BTC exists.