Post
Topic
Board Speculation
Re: What is going to happen with Bitcoin now?
by
MiF
on 18/05/2024, 03:59:01 UTC
I have seen that after this Bitcoin halving, the price of Bitcoin has decreased a lot. As far as I know that after every halving the price of bitcoin increases exponentially and it increases about 3 to 4 times, but this time I saw that the price of bitcoin has decreased a lot after halving, but I have seen in several places that they say the price of bitcoin is halving. After that it will decrease a bit and then it will increase rapidly. As such, after checking the market today, I saw that After the fall in the price of Bitcoin, the price is slowly increasing again. Bitcoin price was below 57K three days ago and today Bitcoin price is $63,585.10. Does that mean we will see a Bitcoin bull market now? Or will it decrease again? What is your view on Bitcoin?
There is no need to worry bitcoin is now heading to bull season and i believe that few months from now btc will reach anothe ATH which is above 70k$ to 80k$ if we are going to look at the present price which is 66,900$ then we can say that we are only in a few percent away from 70k$ so i believe the bull season is almost here and we only need to wait for a small period of time.