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Topic: Bitcoin pump|before halving - page 5. (Read 801 times)

legendary
Activity: 1512
Merit: 4795
Leading Crypto Sports Betting & Casino Platform
March 11, 2024, 09:22:55 AM
#3
What are we to expect this pre-halving season...?
What have you seen already? Halving is just some weeks to come.

Will bitcoin pump more than $80K to make a new ATH before halving.
No one knows but it is highly likely that bitcoin may increase above $80000 before halving. In just a day, bitcoin can dump $10000 or can add $10000 to its price. So at $71500, it is possible that bitcoin can get to $80000 at any time soon.

Will bitcoin drop to $42K as speculated by JP Morgan..?
I do not know about JP Morgan speculation or his analyst. But if it is true that they said bitcoin is going below $50000, you can see how wrong it is.

Blackrock holding more bitcoin will it not influence bitcoin pumping if we say bitcoin is affected by supply and Demand...?
As people buy more bitcoin than selling, the price will increase. If Blackrock continues to buy, expect increase.
legendary
Activity: 3374
Merit: 3095
Playbet.io - Crypto Casino and Sportsbook
March 11, 2024, 09:19:47 AM
#2
There is someone who already asked this you might be interested to check them here https://bitcointalksearch.org/topic/--5488435
member
Activity: 224
Merit: 42
March 11, 2024, 09:16:39 AM
#1
Looking at the current price,Bitcoin has pumped to $69K with a very high bullish momentum. My concern is can we see bitcoin rally to 100K before halving, bitcoin has increased by 40% so far.
 Am anticipating bitcoin to surpass $72K before halving, but JP Morgan give a contradicting idea saying "bitcoin would drop to $42K before halving " ....amidst investors buying more bitcoins.
  Blackrock has now bypass Micro strategy in bitcoin portfolio,been the top player holding largest amount of bitcoin and currently getting half of the market share, which I think is influencing bitcoin pump.
Bloomberg releasing a statement saying "The rate of buying of computers by mining companies have increased and also the need of electricity by them".
What are we to expect this pre-halving season...?
Will bitcoin pump more than $80K to make a new ATH before halving.
Will bitcoin drop to $42K as speculated by JP Morgan..?
Blackrock holding more bitcoin will it not influence bitcoin pumping if we say bitcoin is affected by supply and Demand...?
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