Is another Bitcoin boom already in motion?

[sirty143]

Is another Bitcoin boom already in motion?

This year has been bittersweet for Bitcoin so far. The journey which most people thought was going to be smooth has turned out to be something... See more for yourself here.

Your opinion is greatly appreciated.

[sampoerna]

In my opinion, it is true that the beginning of the Bitcoin boom has started. We know that Bitcoin will have a halving day, it will trigger the big increase. At least, it is what people believe currently. I also try to believe as the big increase has just happened. Ans I think it will continue to increase ah=faain.

[Noverteno]

However, the growth of the cryptocurrency market may not be so soon. Now the price of bitcoin has almost stood still for some time. Business activity in the markets traditionally falls in the second half of the summer. Therefore, most likely, significant movements in the cryptocurrency market will begin in the fall. True, this year, the coronavirus pandemic and the fight against it may make adjustments.

[mlawson71]

For the past few months Bitcoin's development has been a little disappointing to me.

[Quart]

Who knows, it is difficult to predict what to happen with Bitcoin price in the future. Personally I expect that the price of Bitcoin will be bullish in the end of this year, but looking at the current sideway it is not really easy for the next bullish. Well, may be the next bullish in the beginning of 2021.

[Lorix]

Of course it is true that the bitcoin boom started. All users and investors believe that the rise in the price of bitcoin will happen, I also believe. Because in the past bitcoin was not worth it. However, as the world develops, people are starting to use bitcoin. People are putting their huge sums of money in the bitcoin wallet instead of keeping it in the bank. So keeping money in bitcoin is an effective move. Bitcoin has been able to gain people’s trust. So I believe bitcoin will spread, there is no doubt about that.

[wahyudi]

2017 is booming, called Bitcoin or known as trader with the abbreviation BTC.  If we look back, it's actually quite a long history.  I don't remember myself because I am not a historian, but if you want to be more comfortable just type in Google with the keyword "Satoshi Nakamoto".  We won't talk about it here.

[Alcor]

Almost six months have passed since the last halving in May. The closer the one-year period after this event comes, the more likely it becomes that Bitcoin will soon grow very significantly in value. This, in any case, was the case in the previous two cases. In addition, at the end of the year, Bitcoin and other cryptocurrencies have traditionally also increased in value during this time period.
So far, no such growth has been observed, but we are full of hope.

[Bobcrypto]

Well, i believe that Bitcoin has come to stay and the moon will definitely be it's limit. To ask if Bitcoin is going to boom again is an understatement, because Bitcoin has broken certain obstacles that has been used to discourage people interest like, " bitcoin is a Bubble ready to burst ", "bitçoin is a ponsi scheme" etc, that were trading from late 2016 to 2017.

[jakasantosa]

Indeed in the development of bitcoin there will be a period where bitcoin reaches the lowest price and also the highest. Many altcoins are affected by the ups and downs of bitcoin so that there are other coins when bitcoin goes down, the price goes up and becomes booming.

[EthereumDev_]

Indeed in the development of bitcoin there will be a period where bitcoin reaches the lowest price and also the highest. Many altcoins are affected by the ups and downs of bitcoin so that there are other coins when bitcoin goes down, the price goes up and becomes booming.

when you already know that bitcoin price movements go up and down you should be able to take advantage of this moment to make a profit, the point is to buy cryptocurrency and wait for the price to rise because if you can't wait it will be difficult to get a profit.

[Absolute]

I agree. I think the very good asset of it is the pandemic which is the very reason businesses in real have been paralyzed and switch them into bitcoin which is very ideal option.

[mlawson71]

I think only time will tell whether there will be a new boom.

[Prime]

The journey of the BTC price movement will never end. The volatility is also still there as one of the most characteristics to meet with Bitcoin. Here, I personally will not check again for the boom of BTC. I only hope that the value will be higher and the price will increase significantly

[Astra]

It is likely that we may soon see a new cryptocurrency price boom. In recent days, the price and capitalization of bitcoin have been growing quite well. Today we see that the price of bitcoin crossed $ 12,000 and is, according to the CoinMarketCap table, $ 12,197. The fourth quarter is usually a good period for bitcoin and the entire market to grow. Now the situation is good for such growth.