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Author Topic: the halving will end the downtrend of the last price circle  (Read 504 times)
asriloni
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May 19, 2020, 02:05:05 AM
 #41

I believe that over time, cryptocurrency will only develop and improve and the next growth season will not take long. Bitcoin along with altcoins will again receive a record price and even higher than it was in 2017.
It's so difficult for bitcoin to break 10k resistance and if this will not be going to happen and just wait for the time until bitcoin will be going down again to the 7k level.
if bitcoin doesn't break 10k and you must not expect the price of bitcoin will touch more than the ATH that already achieved by bitcoin.

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Crypto_lion
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May 19, 2020, 08:24:28 AM
 #42

As harsh as it may sound but I think the current halfing won't have much effect on the price of the crypto currency because if the macro economic factors affecting the globe.

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Novatech8
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May 19, 2020, 08:31:35 AM
 #43

It's kinda impressive to see Bitcoin still holding strong to this day, things are going separately from past halving history, I never knew Bitcoin can be this strong, many are expecting huge dump but I doubt that's gonna happen

aioc
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May 19, 2020, 08:42:06 AM
 #44

bitcoin will begin its new uptrend journey soon

it will be better if a small alts season comes during the gap before the pump of btc

I'm ok with the price movement right now. market going up and down but at least it's still showing an uptrend, we'll going to be ok even if we are in the pandemic, much more if the vaccine is out in the market, we just keep hoping for the vaccine and we'll just keep buying while the price is low, but only invest when you have spare money to invest.

Iyanu14
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May 19, 2020, 08:55:37 AM
 #45

bitcoin will begin its new uptrend journey soon

it will be better if a small alts season comes during the gap before the pump of btc

There were lots of talks about how the price of Bitcoin will turn out to after the halving.  More than 90% of crypto price speculators said the trend will follow the same of what happened in the last halving, that is drastic reduction in the price of BTC.  However, the reverse was the case now as the price of BTC kept on soaring after the halving.
skeleto88
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May 19, 2020, 12:53:19 PM
 #46

It's kinda impressive to see Bitcoin still holding strong to this day, things are going separately from past halving history, I never knew Bitcoin can be this strong, many are expecting huge dump but I doubt that's gonna happen
This halving did not effect right away in the previous halving. It take likes 1 week or 2 before it went down so I guess we will be seeing it in coming days or weeks and then a sudden rise up in the price after. Hopefully it will be better than any other halving in years back.
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May 19, 2020, 12:55:32 PM
 #47

Yeah, its better for I am holding some altcoins too.
But, for what exchange?

Reason behind a sudden pump of altcoin could be investors selling bitcoin for it.
Would you like that idea?
Will they release another wave of money just to buy an altcoin? I doubt that.
masterrex
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May 19, 2020, 01:54:58 PM
 #48

bitcoin will begin its new uptrend journey soon

it will be better if a small alts season comes during the gap before the pump of btc
These speculations were proven wrong because the halving is already completed but as we can see its nothing happen. Only the Bitcoin has gaining price stability in the meantime, but the truth is most of the top-ranking cryptocurrencies have remained the same. thats why I believe that halving is not the reason for any Bullish market trend that happened before. or maybe I'm wrong so let's wait and see. 
Greatchu
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May 19, 2020, 02:00:24 PM
 #49

bitcoin will begin its new uptrend journey soon

it will be better if a small alts season comes during the gap before the pump of btc
Altcoin season may come but I won't rely on 'may' because nothing is certain in this crypto world, instead of waiting for price surge better get paid through trading, it might take months before real bull run finally takes place

Mammothcoin
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May 19, 2020, 05:56:28 PM
 #50

Historically, prices seem to tank immediately after the halvening before beginning to rise. Although the halvening potentially marks the beginning of the bull run, chances are prices could move to the downside or consolidate for a while before rallying.

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