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Title: Will we call this "the forgotten halving" - sideways stable price for 4 years? Post by: StonksStonksStonks on July 20, 2020, 03:27:45 AM wait 4 years and bam straight to the moon. Skipped this round of halving bull run.
Title: Re: Will we call this "the forgotten halving" - sideways stable price for 4 years? Post by: jackg on July 20, 2020, 03:34:05 AM I think your timings a bit out.
I remember from 2015 we were pretty stable at 220 and then saw a drop, then around the time of the halving we hit between 440-540.. (in 2013 we peaked at 1300) so we were over half of the ath much like we are now... There's POTENTIAL for a bull run to come next year and theres still some potential for a decay this year. History doesn't repeat itself too many times though and I have been considering that this may be the time we see a standstill in the price (pr only hit a low end target of 30k) with 2025 being the year of another bull run. Title: Re: Will we call this "the forgotten halving" - sideways stable price for 4 years? Post by: teosanru on July 20, 2020, 05:21:34 AM I think your timings a bit out. https://pbs.twimg.com/media/EG7bYtoU0AEx_hZ?format=jpg&name=mediumI remember from 2015 we were pretty stable at 220 and then saw a drop, then around the time of the halving we hit between 440-540.. (in 2013 we peaked at 1300) so we were over half of the ath much like we are now... There's POTENTIAL for a bull run to come next year and theres still some potential for a decay this year. History doesn't repeat itself too many times though and I have been considering that this may be the time we see a standstill in the price (pr only hit a low end target of 30k) with 2025 being the year of another bull run. Very true. Even I wrote a thread sometime back on the same issue. People think that price will immediately get a boom post halving. But it takes some time because halving stops speed of generating new bitcoin doesn't hampers the existing supply. This way effect can be seen once there is a surge in demand and supply isn't intact the way it previously was. Title: Re: Will we call this "the forgotten halving" - sideways stable price for 4 years? Post by: okala on July 20, 2020, 06:33:40 AM Bitcoin might not get above $10000 before the end of this year but that did not mean it has become stable
The next few years before the next halving are time to be look unto. I think we should expect more of the positive movement before the next halving. |