How likely is the bitcoin price going sub 1k when the halving collapse happens?
How likely is the bitcoin price going sub 1k when the halving collapse happens?
Robert Young
Noah Scott
i-impossibru
Jonathan White
you've been priced out.
there would be more dignity in your situation if you would just admit it.
Owen Brooks
POW is dead
Angel Carter
Bitcoin will never EVER be above $1000 after the halving.
Cameron Bailey
Bears are literally delusional
Poor you
Leo White
it wont go lower than 1.3k
leveraged miners will be playing off against lack of new money entering market due to unemployment and recession
plus the market is still exuberant from 2017 plebs and the stupid s2f retards who all think they have discovered the cheat code to getting rich, looking forward to that model breaking
Grayson Long
classic thread, half bears half bulls. there's your answer op, no one fucking knows
Cameron Wilson
bitmex leaderboard is estimated at 50/50 long/short too. there's no new money coming in but at the same time no one knows if this is the local top.
maybe we just crab and consolidate but that would be boring.
Jordan Powell
Very possible. Infact halving always lead to mining decrease and price drop. Except bow we have cheap oil. Thus mining cost to produce btc drops. And price of btc also will follow. Theres an arb for price to produce and market price. Why buy btc when u can mine it for cheaper due to cheap oil prices. Btc will most likely be sub 3k in the following weeks months. Cheap cones for everyone. Plus kim jung un hs 670million in btc that will join the market soon. So more supply. And demand is literally ghost right now. Normies got scammed already and no1 else cares about preserving wealth they looking to survive pandemic.
Btc 3k soon