No that will not happen I think and that is because it needs time to rise and as you can see now you see also that the value is rising slowly so it will maybe in the end of the year reach the $500 I think.
And maybe we can make profit in the end of the next year so we need to wait a longer time but patience is important.
I believe we will get to see the price reach $500 slightly before the block halving and after that the price will jump below and above that price point for the rest of the year.And maybe we can make profit in the end of the next year so we need to wait a longer time but patience is important.
Looking at the price stability at this stage I don't think bitcoin will go high that much in this year, even halving can take it maximum to $600, not more then that.
after halving I think the prices will not immediately increase. there would likely be a dump too. and I agree 500-600 is a realistic price reached this year
people expect too much from the block halving in juli. one says the price will reach $700, the other says it will even reach $1000... the only outcome is that a lot people will get very disappointed and start dumping as result. if whales want to use that situation in their advantage, they might even follow up with massive dumps to sink the price even more, just to make the entire market go into panic selling mode.
