Cryptokoin.com – Bitcoin’s halving event is two months away, and more people have started to share their BTC expectations about this event. Opinions on this matter are that Bitcoin will rise above $ 20,000, halving is already priced, and ‘digital gold’ will have a zero (or near zero) effect on its price. In this article, we will present the views of the best analysts who have recently expressed their views on this important issue.
To reduce inflation every four years, BTC goes to halving. With this event, the amount of Bitcoin sent to the market by miners is reduced by half. Looking at the historical data, BTC price tends to increase due to the effect of halving activity. YouTuber and analyst Chris MMCrypto say Bitcoin will reach the $ 14,000 level before going to halving. Also, the analyst thinks that Bitcoin will reach its all-time high in the future. Analyst added to his statements:
Bitcoin may be preparing for the next bull run before the parabolic bull run might start in 2021, 2022. $ 30,000 psychological turning point … I think we have to wait until 2021.
Popular analyst Carl Eric Martin (aka ‘The Moon Carl’) did not share any price estimates. However, he believes the upcoming halving event is of great importance for Bitcoin. According to the analyst, inflation rates will be cut in half with this incident. Also, awareness will increase and more and more people will talk about BTC.
Mia Tam, a crypto enthusiast, conducts a survey on her Twitter page and asks her followers to share her opinions on where the BTC price will be on the halving day. Followers offer very different opinions. Some call the price between $ 11,000 and $ 12,000.
Others expect Bitcoin to drop below $ 8,000. Some people express large figures, such as $ 100,000. For other critical news about cryptocurrencies “Be patient!” Strong Ripple (XRP) Prediction by Popular Analyst Saying ” You can review our article named.
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