Now it's going back up to $600 again. Why is flucuating so much in last few days from $20-50 difference.
But price of bitcoin is increasing now and I expect that it can increase to some price between 800$ and 900$.
We may see that price few days ahead of halving, and I think that would be the best price to sell some coins and grab the profits as we don't know what will be the price after halving.
I am thinking what will happen after halving if all people are sellers and then who wants to buy bitcoins?
I hope so, with the halving that is happening this year, it should give us a good benefits because for sure the price will increase. This year is a good year as a lot of good news are happening this year, we just nee to trust that we can reach $1,000 and to effect that into our self, investment is necessary.
The price has to increase if you ask me because it already gets harder to earn Bitcoins because of the halving so we have to have somewhat of an compensation for that.
The problem with such speculations is that people build the ideas into their thinking, thus they alter the situation making the base of speculation obsolete.
The only reason BTC would go up to $600-800 is if people believed it will go beyond $1,000 and soon. Not a significant number of people realistically believe that halving will push the price beyond $1,000, thus nobody will buy in at $600 or $800 either.
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