Post
Topic
Board Altcoin Discussion
Re: Help me understand
by
Tellek Garing
on 31/07/2021, 08:50:44 UTC
Will the BTC price take longer to reach all time highs with time? 5 years ago 10k bought 3 BTC, now it buys .25. Does that mean that as price goes up, it will require more fiat to keep it pumping? When price is 200k, it will take a lot of money to influence price it seems. Even with mass adoption, it would require people to put it a ton of money to raise the price.
This will be my guess, it can take 4 years, halving will occur every four years, in every halving was the price of bitcoin reach all time high, you can see this in 2012, 2016 and 2020 halving. The price of bitcoin increased to highest price. If I will guess when the price of bitcoin will reach all time high, I am guessing 2024 or maybe 2025.