As the most antcipated event (Bitcoin Halving) keeps getting closer a lot of predictions have been made on how it will affect the Bitcoin Fast moving price in April.
Bitcoin is set for a comeback from the dead after recording a 103% rise in price in April which has brought up a lot of conversation on if its heading for a new all time high since January 2017, but one of the main stories out there is if the halving is going to help in the cause or not?
I Personally think it will, if the blocks that are mined are halved, the miners are basically gaining less for the same amount of work. Taking this into account i really think the BTC is heading for a high price but not breaking the all time high.
Discussions and Additions would be appreciated
Breaking all time high would really be still in question specially at this moment but to think that heading another 10k price wont really be that far but i dont believe much that it would able to reach out into this particular time but who knows? Bitcoin can surprise us and its been doing since from the beginning on where people got shook into its breaking resistances and supports.Nothing is impossible though but we shouldnt Bitcoin is set for a comeback from the dead after recording a 103% rise in price in April which has brought up a lot of conversation on if its heading for a new all time high since January 2017, but one of the main stories out there is if the halving is going to help in the cause or not?
I Personally think it will, if the blocks that are mined are halved, the miners are basically gaining less for the same amount of work. Taking this into account i really think the BTC is heading for a high price but not breaking the all time high.
Discussions and Additions would be appreciated
really think that halving event would always have that positive outcome.Yeah, thinking up for long term aspects would be suggested but really dont hope too much on positive things.