Post
Topic
Board Speculation
Re: Bitcoin halving, how low the price can be?
by
Fatunad
on 23/05/2024, 20:58:39 UTC
I think when the Halving occurs Bitcoin will experience a price increase of up to 2 or even 3 times. History proves that halvings always have a positive impact on Bitcoin prices because they help reduce supply. Even the halving is a good sign to bring Bitcoin price momentum. Therefore, although we cannot accurately predict the extent to which the price of Bitcoin will rise, what is certain is that when the Halving occurs, the price of Bitcoin will not decrease but will instead continue to increase.
If we do base up on the marketcap of Bitcoin now then it would really be something realistic if we do speak for its price to be potentially be able to reach 2x or 3x on that upcoming bull run on which most of us is really that anticipating or something that expecting on which it would really be that something that will really be normally be people to project on. Speaking about how low would be the price it will be having then this is a type of question that no one really knows. Why? because if we do speak about probabilities or chances then this is something that cant really be known. There would really be several factors on which it could really be that affecting price movement or condition that we could really be having in the future but we do know that institutional funds are now flowing through crypto space on which we can say that it could potentially be able to reach up those new all time highs.

Bitcoin didnt fail to impress us on which breaking out those expectation into reaching new heights or into those levels that we hadnt been able to anticipate. This is why on the moment that you've been
dealing with Bitcoin or crypto investment in overall then you should really be that make yourself to be versatile as much as possible because we do know that when it comes to price then we would really be
that always keeping up with those speculations from time to time and this is something that you would really be needing up to do.