Post
Topic
Board Speculation
Re: Does bitcoin price increase after halving?
by
WatChe
on 08/10/2023, 07:21:22 UTC
Bitcoin that have been moving around $26k have now come closer to $28k. We don't know what will happen with the market as the scenario around the world isn't good. Everyone expecting for the good rise in price by the days to halving or after the days of halving. Till date the halving had fulfilled the expectations of the bitcoin hodlers. This time we don't know what gonna happen. For now predictions were completely bullish, yet the ath value is under discussion.

As of now the ETF approval is being a big news associated with bitcoin. Over the days close to halving good news on the spot ETF approval will push the price grow higher than the predictions.

Price of Bitcoin is very much stable in window of 25 to 30k. It looks like bitcoin will once again make its way to 30k and will remain stable there. I don't think current price is because of halving as it will take year or two for price to go up after halving.
There is no way we can predict where future price of Bitcoin is heading towards but current indicators are positive in a sense that atleast we have price stability in Bitcoin.