It's already been past halving, yet prices continue to fluctuate between the $9k to $9.5k range. I've noticed that each time prices try to reach $10k, everything "falls out" immediately. Is this a result of price manipulation by whales? At this pace, it's hard to believe that Bitcoin will ever get past $10k. Even if it does get past $10k, reaching a new ATH in price could be quite challenging.
Since it's been only a week after Bitcoin's third halving, anything could happen in the future. Right now, we're in a level of uncertainty due to the COVID-19 pandemic. Maybe Bitcoin will be able to break out to new levels in price after all of this is over? Or will it continue to rise while Fiat goes down the drain? Whichever way Bitcoin goes forward in terms of price, many people will still support it. Fees are at an increasing rate, so we'll have to wait until everything goes back to normal (both in Bitcoin and the mainstream world) for prices to head all the way past $10k and beyond.
What are your thoughts? Do you think Bitcoin will ever get past $10k?
Since it's been only a week after Bitcoin's third halving, anything could happen in the future. Right now, we're in a level of uncertainty due to the COVID-19 pandemic. Maybe Bitcoin will be able to break out to new levels in price after all of this is over? Or will it continue to rise while Fiat goes down the drain? Whichever way Bitcoin goes forward in terms of price, many people will still support it. Fees are at an increasing rate, so we'll have to wait until everything goes back to normal (both in Bitcoin and the mainstream world) for prices to head all the way past $10k and beyond.
What are your thoughts? Do you think Bitcoin will ever get past $10k?
Actually Bitcoin is performing way better this time if we compared it with 2016 halving. It is looking stable and has been maintaining 9k to 9.5k price range. Considering the global economic situation it is performing way better than the stock markets.
So keep on holding and start accumulating more as Bitcoin is still below 10k. It will surely go beyond 10k but no one knows when.
Every halving year have different movement but we always see positive side whenever this occur and I see it performing by maintaining at the current price so maybe after the stability we may see a price pump and reach to $10k we might not know on when this gonna happen but for sure this is 1 step closer coming.
Stock market is aching right now due to economic upset so for sure those people trading stocks who knows bitcoins will go here since it gives promising profit while there stocks is badly bleeding.
