Author

Topic: Bitcoin price prediction after the halving (Read 596 times)

legendary
Activity: 1232
Merit: 1091
June 29, 2016, 11:22:14 PM
#8
My guess is that the price will remain to move between the $600 and $700 levels for the biggest part of this year as being the "settle" price. We may very well see a very short lasting peak from $800-$1000 when the update/fork to enable larger blocks gets implemented. But this is just pure speculation.
hero member
Activity: 1050
Merit: 681
Post your opinions about the changes in the bitcoin price after the halving.

Will the price climb higher or stay around ~$700ish ?
1000$. it will go to this point atleast for a few hours and will go down again. i will sell all my coins in those hours. im waiting for it. remember the last halving ?
legendary
Activity: 2926
Merit: 1440
Post your opinions about the changes in the bitcoin price after the halving.

Will the price climb higher or stay around ~$700ish ?

I doubt it. As mentioned in another thread, in my opinion, the drivers of the current price rise has left and there are no signs of them coming back at the moment. If they don't come back, btc could go down to $550. That's just a speculative guess, but I do think it will go sub $600. If they do come back, well, btc could go above $700 easy. Smiley
sr. member
Activity: 318
Merit: 250
There is approximately 9 days left for the block halving.

Not much time left before the 12.5 BTC blocks arrive.
sr. member
Activity: 318
Merit: 250
I think there will be a rally or pump (whatever you like to name it) that brings the price up to $750-$850 just before the block halving. After that I expect the price to tank to $500-$600 regions.
Its also possible that many miners are holding their bitcoins and waiting to sell them after the block halving.
legendary
Activity: 2170
Merit: 1427
I think there will be a rally or pump (whatever you like to name it) that brings the price up to $750-$850 just before the block halving. After that I expect the price to tank to $500-$600 regions.
legendary
Activity: 994
Merit: 1000
I strongly believe it will even cross 800$ before halving, but after halving there is lots of uncertainty about on which way market will move because market may experience lot of selling force on halving.
sr. member
Activity: 318
Merit: 250
Post your opinions about the changes in the bitcoin price after the halving.

Will the price climb higher or stay around ~$700ish ?
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