Bitcoin's next halving in May could send the currency to new all-time high
- Thread starter nanoguy
- Start date
Karlos95
Posts: 343 +241
LOL. It was not. It was a complete fail, on all points.
The prediction was that "If history were to repeat itself, it could send Bitcoin [in 2020] higher than the already crazy peak of almost $20,000 reached in 2017, possibly even as high as $90,000 if you believe some enthusiastic German bankers." + "Kraken CEO Jesse Powell, thinks Bitcoin would still be undervalued even if it reached $100,000"
But in reality it wasn't until 2021 that BTC reached $20.000 (so, that prediction didn't come true), and it did not ever come close to $90.000, let alone $100.000+ (so, that prediction did not only not come true in regard of 2020, but hasn't come true even since either).
BTC has been in a downward slope for half a year now and shows no sign of a rebound.
Karlos95
Posts: 343 +241
No sign? Learn to read a chart LOL
Also, if you look at the history of BTC, the cycles extend. This one will end 2023. The cycle going for as long as it has confirmed that. So I will bet you a measly $100 that it will reach at the very least $90k by the end of year. Never take advise from a tabloid, they almost always either have a bias or have an agenda, sometimes both.
Next cycle will end in 2031 given if nuclear war doesn't break out, in which case, all currencies will be almost or completely worthless.
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