Post
Topic
Board Speculation
Re: Bitcoin 190K in 2024?
by
Sanitough
on 09/04/2024, 01:37:42 UTC
That's the so much trust of you in bitcoin mate that you even expect halving will bring that much for the price of bitcoin while I do believe that market will change after halving , it may drop badly that we need to wait till next year before the big recovery happens and to record the another ATH that will be 6 digits value.
but try not to expect too much mate , because remember that sideways may happen.
We all don't know when this sideways can happen to Bitcoin even though everyone also has their own hopes this year through Bitcoin. But for now I also don't expect a drastic decline to occur again in Bitcoin, because if there is an estimate for an increase of up to 6 digits for one Bitcoin, wouldn't it be easier for Bitcoin if the level of correction was only a little without having to fall drastically after halving occurs. Because if Bitcoin falls again drastically before rising again to a further price level, it will take more time for Bitcoin.
Well, only bitcoin can tell. As much as I don't want to see bitcoin price drops drastically after halving, but we don't hold the future price of bitcoin. However, as for my own perception, I am still seeing continuous price correction after halving that will eventually create a price decline and may put bitcoin price into some lower price range. Yes, it would be hard to recover by then but it would create another opportunity for new and old investors to buy more bitcoin so they can make a huge preparation when bitcoin bull run comes.