RE: Bitcoin - 2/5/20 - Dang! Nailed that long 13% gain! What's next? Plus my case for 25k Bitcoin!

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Bitcoin - 2/5/20 - Dang! Nailed that long 13% gain! What's next? Plus my case for 25k Bitcoin!

in hive-167922 •  5 years ago 

What's next?

10k in the short to midterm I'd say. The question however is, if it is going to stay at this level. Shortly after the halving it might as well be the case that the price will actually decline a bit: people are waiting for a magical explosion of the price, this is most likely not going to happen shortly after. It usually takes a couple of months after the halving for that to happen.

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I’d like to see 8k and then 10k, but we could see 10k first. We’ve been pretty parabolic,we are gonna have to give some back at some point. Yes people are expecting higher price due to the halving and yes bitcoin usually moves in the opposite direction that people think! 😂😂

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I’d like to see 8k and then 10k

Me too 😄 I also think that we'll see 10k first (right now we are very close) and then we'll go back to 8k.