We are already experiencing the effect that the halving has on the price. It will continue till the halving with a final peak somewhere before or after the halving. After that when things cool down, the price will come down too. I believe we can do an attempt to break through $1000 without much effort in mid 2016, but the real challenge will be the dumps that will follow. How deep will the price tank before it recovers.
After when things cooled down, we won't see much difference as when there isn't a block halving upcomming within a year. It will be a bumpy ride with from time to time very slow price movements, and from time to time a rally to keep you guys happy.
After when things cooled down, we won't see much difference as when there isn't a block halving upcomming within a year. It will be a bumpy ride with from time to time very slow price movements, and from time to time a rally to keep you guys happy.
Yes we are already experiencing effects, I agree with this. Current growth is fueled by expected halving. We are seeing positive pressure on the price and huge volumes constantly for about last 10 weeks.
I predict that we will continue in this trend all the way up to halving and we will have a new ATH around the halving!
