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Topic: Bitcoin Will Reach $400,000 After Halving, History Dictates - page 6. (Read 977 times)

sr. member
Activity: 1484
Merit: 276
Would you actually believe the halving would make this possible? Or is it just another unsure prediction?

Look guys, I am not a fan when it comes to predictions. Of course, the analysts can predict all they want. However, there is no such thing as guarantees that $400,000 would actually be an ideal amount after the halving event in May. Not even an all time high of $20,000 would be possible.


All predictions are unsure, there is no sure prediction in this world anything may happen as time goes by and things may go against what you expect them to be.
Bitcoins price going this far I think is still quite impossible base on how prices move right now, halving will surely help to pump price but not that big of a multiplier. $400,000 is way too big for bitcoin to pump in a year or two which makes me don't wanna believe in that amount.
hero member
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Looking for gigs
Much of the conversation around predicting the price of Bitcoin through 2020 and beyond hinges on the effect of the Bitcoin mining reward halving set to take place in May will have. Some believe it will have no effect at all, while others are betting big on this. If history is to be taken into consideration, Bitcoin should reach a new high of $400,000 following the event.

Following the first halving in November 2012, Bitcoin’s price increased from a $2.01 bottom to the top of $270.94 – a 13,000 percent increase. The second halving, in July of 2016, saw Bitcoin go from a bottom of $164.01 a top of $20,074 – a similar increase of 12,000 percent.


To read the full article, go here

Would you actually believe the halving would make this possible? Or is it just another unsure prediction?

Look guys, I am not a fan when it comes to predictions. Of course, the analysts can predict all they want. However, there is no such thing as guarantees that $400,000 would actually be an ideal amount after the halving event in May. Not even an all time high of $20,000 would be possible.

But I could be wrong too. Who knows? We just have to see if $400,000 per BTC would actually happen after the halving. However, it’s not good enough to save John McAfee’s d***!  Grin

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