I think bitcoin price won't reach $600, someone will sell their bitcoin when they think bitcoin price reached highest price.
This steady rise will stop before halving & after halving bitcoin price could rise up.
As usual, Stable > Rise > Crash
Topic: This steady rise is gonna continue till halving - page 3. (Read 2961 times)
i doubt reaching $600 by the end of the year as the recent movement in the bitcoin price isnt really steady and most likely it will only go up until it reach atleast $350 and expect it to drop again but im not sure about the price when the halving is near tho
could be, but at some point i do expect traders to slowly take profits and benefit from the price that went up. i really hope we won't fall back to below $300 after the halving. that would be sad.
Those traders will be taken out by strong support
could be, but at some point i do expect traders to slowly take profits and benefit from the price that went up. i really hope we won't fall back to below $300 after the halving. that would be sad.
It's still a pretty long way away. I wouldn't want to make any predictions about what might happen. Sub 300 post halving would break quite a few hearts though.
could be, but at some point i do expect traders to slowly take profits and benefit from the price that went up. i really hope we won't fall back to below $300 after the halving. that would be sad.
Expect 600 by new year and a new ATH before halving!!!
impossible, bitcoin always overheats, then crashes (temporarily).
One thing I would agree on: it would be difficult to either mine or cheaply purchase bitcoin after halving.
Mining: 14/16nm chips are coming this winter/spring and they will bump the network speed at least 2-4 times over 2016 making it more difficult to mine.
In addition, with 50% less bitcoins provided for sale by miners, even with the same demand we might get market imbalance until the new price equilibrium is reached.
Expect 600 by new year and a new ATH before halving!!!
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