Bitcoin Begins Bullish Pre-halving Move as Price Reclaims $7k

[sirty143]

Bitcoin Begins Bullish Pre-halving Move as Price Reclaims $7k

Following the massive crash of OIL which went into negative numbers on its Futures market, Bitcoin saw a 4% price decrease on April 20. Yesterday the volatility dropped significantly as there was a lot of uncertainty about Bitcoin’s next move. The bulls were able to hold daily support again... See more for yourself here.

Your opinion is greatly appreciated.

[trauchot]

Yes, already long time, bitcoin drops below 7k$, then immediately recovers to 7k$, so there is nothing serious, but bitcoin halving is already very close and it is not visible that bitcoin will start to grow in price and this is very disappointing.

[mlawson71]

How high do you think it will rally once the halving happens?

[DogeTalk]

Halving is very influential on the price of Bitcoin later. It is likely that price increases will occur and many people want to buy bitcoin. I will wait for that moment because I already bought bitcoin for my investment

[Millionaire]

I think that bitcoin will crash at $ 7k over the next few months. and this is the right time to buy and save BTC. after that wait for BTC to touch $ 10k

[alltalk]

How high do you think it will rally once the halving happens?

Is possible to predict? I think it isn't something predictable, so no one really knows it! But if you ask me to give the answer, I can say the maximum rate may be around $20k (normal condition). For now, it seems hard to increase significantly. Remember that we are still in crisis of health, security and economic. 

[Geey]

There is no certainty for the increase in the price of bitcoin approaching halving, because everything that happened could be due to the atmosphere of the plague and there are also other things like the current unstable economy

[I-Bit]

It was a quite good rising in Bitcoin price but I'm still not sure to say that the beginning of halving bullish. The price of Bitcoin is hard to predict in this situation. Sometimes the trend of Bitcoin in market can suddenly drop again in very severe. Yeah, let's expect BTC can continue increasing.

[sampoerna]

There is no certainty for the increase in the price of bitcoin approaching halving, because everything that happened could be due to the atmosphere of the plague and there are also other things like the current unstable economy

You are right but in fact the price of Bitcoin already increased very well in few days ago. I think the possibility of the rising of Bitcoin price quite high, there will another big increase before halving. However, it is just my prediction, everything can change suddenly and no guarantee for the rising.

[Noverteno]

Today, I see that the price of bitcoin has risen to $ 9,493, and ethereum has climbed more than seven percent to $ 262. Moreover, the capitalization of bitcoin fell below 62 percent. Altcoins are growing along with the bullish sentiment of Bitcoin. This is a very good sign. Let's see what will happen next.

[Tanimariya]

Everyone will answer the question, hopefully the price of bitcoin will increase. But hopefully no similarity can be found with that view according to market statistics. However, in many cases, the price of bitcoin continues to rise. We are all hoping that bitcoin will be the halving bull. I can't say for sure about the price of bitcoin. Because bitcoin prices are likely to rise.

[debra]

This had been some experts that said so about bullish time after the third halving. But the reality? there is no bull time at until this time. It may be also influenced by this pandemic. Hopefully the market ca really face the bullish time in this year or at least next year

[gotbounty]

After the bitcoin halving happened last May, the price of BTC is always still stagnant at a certain rate of $9. But in one day, the price reaches and increases so significantly that it makes the progress of BTC price a surprising a little bit for me. But does sit really has the significant relationship with the past halving?

[Quart]

In my opinion, the price of Bitcoin can be said as bullish if it has reached more than $10k. And now, it is about $11,221.33, very significant changes in 3 days of the market situation, So, what do you think of the next? The market will be still in positive trends or will be any kind of market correction? take profits before losing guys

[Prime]

There is always a prediction for BTC to bullish time moreover after the halving. However this halving time, the price of BTC is not increasing as soon as possible after the halving time. recently the price is starting to reach a high price reaching at the rate of $11k and more. So, the bullish time may be upcoming.