Post
Topic
Board Speculation
Re: Do people overestimate BTC?
by
Chato1977
on 25/03/2022, 09:18:33 UTC
we are still in Q1 2022 so imo it's still too soon to conclude Bitcoin price won't be able to touch $100k.  we all see that now there are many cities and also several countries that recognize Bitcoin as a currency and regulate it, with this good news it encouraging adoption to happen, we will definitely see another big surprise happening this year, soon the new btc ATH will definitely arrive.
Not very soon, people already predict it based on the BTC halving time and BTC price history previously. If you checked back the Bullrun in 2017, it happened after BTC halving in 2016. At that time, 2018 is the beginning of the bearish period. If the situation will be the same as previously, 2022 should be the same as 2018. Now, we are at the beginning of bearish. So, expecting another ATH in BTC will be impossible. There will be no $100k for BTC price this year.


do you still believe that we are relying in Halving effect ? and do you really believe that what we had in 2021 is the effect of the Halving in 2020? then you must be wrong because it is the investing parties that makes it high and when the institutional investors put their funds inside .
so this is not basically about the halving but the support we are gaining from the community .