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Learning & News => News related to Crypto => Topic started by: newshunter on March 19, 2020, 01:01:29 PM

Title: Bitcoin Price Hitting $2.8K ‘Not Scary’ Before May Halving — Tone Vays
Post by: newshunter on March 19, 2020, 01:01:29 PM

Bitcoin Price Hitting $2.8K ‘Not Scary’ Before May Halving — Tone Vays

Bitcoin’s price floor is $2K, while $2.8K should not worry traders if it appears in the next few weeks or months, says Tone Vays

Source: Bitcoin Price Hitting $2.8K ‘Not Scary’ Before May Halving — Tone Vays (https://cointelegraph.com/news/bitcoin-price-hitting-28k-not-scary-before-may-halving-tone-vays)

Would appreciate your opinion about this

Title: Re: Bitcoin Price Hitting $2.8K ‘Not Scary’ Before May Halving — Tone Vays
Post by: Senin on March 19, 2020, 07:05:47 PM

I don’t understand where the price of 2000-2800 dollars came from. Last week, bitcoin has stabilized in price at the level of 5100-5200 dollars, and today the demand is more than 14 percent, up to 5929 dollars. I think that bitcoin and the cryptocurrency market as a whole should no longer fall, and if the fight against coronavirus is successful, then it is able to continue to grow further, taking into account a decrease in rewards to miners by half for each new bitcoin mined.