We need some catalyst for the price go to up, maybe we have to wait what Bakkt's impact on the market at the end of the year to have a upward direction this last quarter of 2019. Maybe $15,000 could be target and then we look forward for the next block halvening.
Well, we went up from $3k to $14k without a catalyst, so what we need is improved technicals because that's what actually matters. If we get a catalyst to trigger bull mode, then cool, but we haven't had one in almost two years.
If the block halving happened to be the catalyst for the increase that we have had this year, then we most likely can only expect more sales to happen because we have been generously rewarded already.
Litecoin has had a rough time thus far, and that while people expected the halving to rocket its price to over $200. Its hashrate has dropped significantly too. People haven't seen that coming at all. Curious to see what Bitcoin does.
