Do anyone know when will Bitcoin increase?
Do anyone know when will Bitcoin increase?
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In 2016 after the halving, the price of Bitcoin took a downward dive. You are lucky it did not happen this time. At the moment Bitcoin is still holding the 9k mark.
At the moment the there is a profit booking that is happening in the market. I assume it will carry on till end of this month. I do not think there will be a Bull run anytime soon.
If Bitcoin goes above the 10k price point then you can expect a good pump. The bad thing about this halving is that altcoins are also getting dumped. In 2016 after Bitcoin halving altcoins had a Bull run.
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Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
Price of bitcoin has been increasing since ... I guess we could say May 22, 2010? I wasn't around until 2011 and don't know of any real transaction prior to what is reported.
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I expect the price to gow down to 8000 or something and all those halving buyers who thought we're going to be at 10 thousand next month just because the halving had happened will sell at a loss.
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Well, we can't really know exactly when Bitcoin will increase. But, if we look at the trend, I think it would be alright to be hopeful that the coin will keep moving upwards.
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What I learned in my trading experience is that we cannot know exactly when the Bitcoin price will rise or drop. What I do now is a close monitoring of the movement of the coin. I make sure that I am updated with its status and from there I make my trading decisions.
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.