I am still optimistic it can be increased, my expectations were not too far away. I hope it could rise to $700. I believe in the previous case, bitcoin prices could rise very quickly in a short period of less than one day, so this time 2 days towards halving is very likely to reach $700.
I've let the 700 dollar mark sail away. Perhaps we should be happy with anything above 600 dollars.
Maybe even with anything above 500 dollar.
Yeah even if price is $600 after halving then majority of the community will be satisfied with that price, but I hope it doesn't fall back to $500 or else it will be very disappointing.
If people will be satisfied in the current price of bitcoins and will sell their earnings, Then more likely, the price of it will not rise and will continue to decline. Then, panic selling will occur that will cause the sudden drop of bitcoins which in my own opinion can reach up to 500$. But, because of the low price then many will buy again. And the price will increase for about 700-900$ but it will take time.
It looks like the value of bitcoin is resting and it is resting from about 2 weeks, so in that conditions I think the price rise will start and it will rise much higher at the time of halving ,I hope that once again the value double up, I mean to reach at more than $1300.
A price increase is for sure. But I think your expected price is very high. Lately it reaches 800$ and many are contented and sell their bitcoins that caused the sudden drop of its market price. Maybe it will pump up to 800-900$ after halving but I think that was its peak. Anyway, that was only my opinion. Who knows. Lets just wait what will happen in the future
