Post
Topic
Board Speculation
Re: Less than 300 days left to halving - price predictions for The Day?
by
Nrcewker
on 08/07/2023, 13:13:26 UTC
How much do you think BTC will be on the Halving day?
There is a lot of anxiety right now. A lot of people are worried that they would miss bitcoin at $200k but what they do not know is that from all indications it doesn't seem that bitcoin will go to six-figures. The value of Bitcoin at the next halving could be around $40,000 to $50,000.

Definitely, the price will completely depend on how Bitcoins perform this year. If Bitcoins manage to cross 50k by the end of this year, then there is a high probability that we will see 100k USD touched by bitcoins. But everything depends on the demand for Bitcoins. If the demand to acquire Bitcoins increases with time, then achieving a 50k USD price for Bitcoins will be very easy. On the other hand, if demand falls and some bad events occur, like the recent SEC lawsuit, then the price will definitely go down. So let’s hope for the best.