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RE: Bitcoin Halving Event Is Close. What Are Your Thoughts About It?

in GEMS5 years ago

price will go up for sure, but I wouldn't expect it to moon in the immediate future. If you go back to the previous halving it didn't go to 20k in a short time. It took I think almost 2 years. So I am cautiously optimistic :)

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Yeah, considering the previous events, it roughly took 300-600 days before we saw a bullish trend. Although this time, I think things might be a bit different especially now the event is over hyped, and to top that, bitcoin users have also grown enormously. So, we might see an immediate upsurge.

I'm optimistic, too :-))

Nice to hear from you..