Welcome to BeerMoneyForum.com - BIGGEST MAKE MONEY FORUM ONLINE

[BrolySSJ]

It has been 10 weeks since the bitcoin halving vent, and although many expected the price to rise substantially after the halving event, this may in fact be the case now. Analysts are saying that the price of bitcoin can be expected to skyrocket, similarly to the price hike that occurred in 2016 with the price of bitcoin in the last few days rising from $9300 to $9600.

In 2016, the price of bitcoin increased by over 3000 percent in the 525 days after the halving event, and a well-known trader Josh Rager says that this could very well happen again now. Rager bases this on the similar halving delay that was experienced in 2016, with a delay of 10 weeks, just like we are experiencing now before the price hike. There is even other analysts that say that bitcoin price could beat its all time high of $20000 by the end of this year. This would be incredible and a huge benefit for crypto holders. Now would be a good time to invest if you have heard of these analysts and trust their predictions.

What do you guys think?

 

[Balint098]

I think so too the prices are gonna hit 20000 really soon now

I doubt it will reach 20,000. Most likely it will break the 10,000 line but after than I'm not sure if bitcoin can continue to rise without much resistance.

 

[Josemendez]

It has been 10 weeks since the bitcoin halving vent, and although many expected the price to rise substantially after the halving event, this may in fact be the case now. Analysts are saying that the price of bitcoin can be expected to skyrocket, similarly to the price hike that occurred in 2016 with the price of bitcoin in the last few days rising from $9300 to $9600.

In 2016, the price of bitcoin increased by over 3000 percent in the 525 days after the halving event, and a well-known trader Josh Rager says that this could very well happen again now. Rager bases this on the similar halving delay that was experienced in 2016, with a delay of 10 weeks, just like we are experiencing now before the price hike. There is even other analysts that say that bitcoin price could beat its all time high of $20000 by the end of this year. This would be incredible and a huge benefit for crypto holders. Now would be a good time to invest if you have heard of these analysts and trust their predictions.

What do you guys think?

Well they are just analyst , they don't have power over bitcoin rise . however I think I believe in their prediction.
Bitcoin has remained in 10k value for more that. 24 hours .

 

[Ewogboka]

If it took 525 days which about 18 months before bitcoin to have that significant rise then there is hope for a rise in price of bitcoin beyond $20k. The forces of demand and supply is a factor to look into.

 

[Ewogboka]

I don't really believe them.. I mean bitcoin price has changed much for more than 24hrs... Maybe people could start focusing on ethereum because btc might not hike much anymore

Bitcoin will hike soonest , the moment the transaction fee for bitcoin is reduced now more demand of bitcoin will come to existence so the price will pick up again.

 

[BrolySSJ]

Well they are just analyst , they don't have power over bitcoin rise . however I think I believe in their prediction.
Bitcoin has remained in 10k value for more that. 24 hours .

Yeah and the price seems to be doing extremely well over the past few days which is an added bonus/incentive for people. I think that there will be many sales of bitcoin happening now.

 

[Josemendez]

Yeah and the price seems to be doing extremely well over the past few days which is an added bonus/incentive for people. I think that there will be many sales of bitcoin happening now.

I don't think so , I do see more of buying g than selling .
This is because people believe that bitcoin will soar more higher up to 20k value , so no one is selling now .

 

[Ewogboka]

Yeah and the price seems to be doing extremely well over the past few days which is an added bonus/incentive for people. I think that there will be many sales of bitcoin happening now.

Honestly people who had coins on ground now have made something good, if you have $100 the value may be arround $115 nowm

 

[Josemendez]

Honestly people who had coins on ground now have made something good, if you have $100 the value may be arround $115 nowm

Yea . this is why I am regretting not investing up to 50$ before now . I could have gained a lot by now. But then am glad am I I vested something .