Botnake
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April 20, 2020, 11:53:29 PM |
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I can't expect a rally this year but I believe buying bitcoin when it dump is a great thing to do. No matter how bitcoin will struggle, the time will come that it will rise again, and if it will not happen this year, let's expect that next year would be a great year for bitcoin.
Reasons : because bitcoin is now surviving this global crisis, and it shows our market is strong or have matured already. Bitcoin is due for some big breakout, so eventually we will see a new ATH soon. Altcoins has to rise as well, so it's necessary that bitcoin will rise first.
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ultrloa
Legendary
Offline
Activity: 2898
Merit: 1260
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April 21, 2020, 01:09:28 AM |
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The most important question on everyone's mind right now is Bitcoin set to rally into the halving or will we see another dump and retest of the recent lows? In this video I take a in-depth look at the possibilities and probabilities of what happens going into the halving. https://youtu.be/j78WSzThEK0It was really a nice and informative video and I believe that bitcoin price is going to rise after the block reward halving. But the Corona virus pandemic can cause trouble as the stock market is also struggling and people aren't having extra money to invest in Crypto or stocks. Also that most of the people are speculating that the price will go up, it can also go down as bitcoin never cease to surprise us. The covid-19 change the story by now since we doesn't know on when this end up and this calamity creates panic where people not want to release their money for certain investments since the current situation in world is questionable, we are experiencing a panic right now so maybe we cannot experience some great things this halving.
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carlisle1
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April 21, 2020, 03:54:54 AM |
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The most important question on everyone's mind right now is Bitcoin set to rally into the halving or will we see another dump and retest of the recent lows? In this video I take a in-depth look at the possibilities and probabilities of what happens going into the halving. https://youtu.be/j78WSzThEK0There is no such thing as Set to rally because But there are big chances of going High as we can see if we track back the movements from the halving happens years ago and if we will basing on those then we are really going High . But Rising will happen if the market stabilized because of the flow now it seems that we will having a delay if the Pandemic continues till 3rd quarter.
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Sanitough
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April 21, 2020, 03:12:29 PM |
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But Rising will happen if the market stabilized because of the flow now it seems that we will having a delay if the Pandemic continues till 3rd quarter.
halving will happen in less than a month, while the pandemic is still going on, so we cant expect that bitcoin will rise if we think that the pandemic is a big factor to hinder the uptrend of bitcoin. Even until the end of the year, its still possible that the economy will continue to struggle as we need vaccine to get back to our normal life, no vaccine means we are still at a high risk of getting infected.
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ningrum
Full Member
Offline
Activity: 1610
Merit: 103
The OGz Club
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April 21, 2020, 04:16:53 PM |
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But Rising will happen if the market stabilized because of the flow now it seems that we will having a delay if the Pandemic continues till 3rd quarter.
halving will happen in less than a month, while the pandemic is still going on, so we cant expect that bitcoin will rise if we think that the pandemic is a big factor to hinder the uptrend of bitcoin. Even until the end of the year, its still possible that the economy will continue to struggle as we need vaccine to get back to our normal life, no vaccine means we are still at a high risk of getting infected. waiting for the vaccine to come will be a very long time friend, at least it takes 1 year, I think the rise of Bitcoin if it happens later is not about vaccines, but market sentiment leads to this commodity, I'm 99% sure that Bitcoin is already in the bull zone
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Yamifoud
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April 21, 2020, 10:15:46 PM |
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But Rising will happen if the market stabilized because of the flow now it seems that we will having a delay if the Pandemic continues till 3rd quarter.
halving will happen in less than a month, while the pandemic is still going on, so we cant expect that bitcoin will rise if we think that the pandemic is a big factor to hinder the uptrend of bitcoin. Even until the end of the year, its still possible that the economy will continue to struggle as we need vaccine to get back to our normal life, no vaccine means we are still at a high risk of getting infected. waiting for the vaccine to come will be a very long time friend, at least it takes 1 year, I think the rise of Bitcoin if it happens later is not about vaccines, but market sentiment leads to this commodity, I'm 99% sure that Bitcoin is already in the bull zone It is considered that this health issue is really affecting the crypto market. Yet, halving has to come near but to have its some point of view and of a few market analyses it probably we can't expect that the price of bitcoin will soar high as what we think at first. In fact, the current market flows showing more downs than of having upclimbing motion will tell us that we are far from being in the Bullish market but to expect a bearish one.
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tippytoes
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April 21, 2020, 10:27:08 PM |
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But Rising will happen if the market stabilized because of the flow now it seems that we will having a delay if the Pandemic continues till 3rd quarter.
halving will happen in less than a month, while the pandemic is still going on, so we cant expect that bitcoin will rise if we think that the pandemic is a big factor to hinder the uptrend of bitcoin. Even until the end of the year, its still possible that the economy will continue to struggle as we need vaccine to get back to our normal life, no vaccine means we are still at a high risk of getting infected. waiting for the vaccine to come will be a very long time friend, at least it takes 1 year, I think the rise of Bitcoin if it happens later is not about vaccines, but market sentiment leads to this commodity, I'm 99% sure that Bitcoin is already in the bull zone I somehow agree your point here, if bitcoin will rise, it is not all about the availability of vaccine but other factors. Though there will be an effect in the market if the pandemic will be contained because people will get back to their respective jobs and crypto users will stop selling their portfolio, but for those who will invest in bitcoin, they should not expect a big change in price for bitcoin. Actually, one should be prepared for what will happen after halving, increase or decrease its price, you should have contingency plans for both scenarios.
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Natalim
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April 22, 2020, 12:41:52 PM |
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Actually, one should be prepared for what will happen after halving, increase or decrease its price, you should have contingency plans for both scenarios.
We should be but I don't think the price will decrease significantly after the halving, as mostly the price should rise because of hype prior to halving but it's not happening now, bitcoin was just moving sideways, so I think that would be the same thing that would happen post halving.
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royalfestus
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April 22, 2020, 01:19:05 PM |
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There is a way the space gives surprises and I dont doubt $20k this year, maybe not immediately after halving. The expectation is high for pump before halving and bictoin price dont usually follow people's expectation. It is very worrisome though if we dont see any pump till the halving cause we expect a dump after halving, the resistance at the moment cant keep the price high. All I expect is a mild altseason while more money keeps bitcoin above $5000, this doesnt usually happen but sentiment will be worse if bear market continues
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