[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]
2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

View post   
File: 164 KB, 1001x768, halveningesc.jpg [View same] [iqdb] [saucenao] [google]
14637845 No.14637845 [Reply] [Original]

> BTC Halvening 10 months away

> Conservative estimate $40K in 2021

> High estimates $80-90K in 2021

I hope all my Anons are with me. Even shitcoin traders. The point is to accumulate more BTC,

>> No.14637865

>>14637845
> High estimates $80-90K in 2021

This Is actually very low

>> No.14637867

>>14637845
I think it will dip before it goes to 40k and more but I do believe it will reach those levels by 2021.

>> No.14637880

the chart says we are overbought

>> No.14637925

>>14637845
its flattening, dont you see that.
It's not going over 15k again.

>> No.14637948

>>14637880
No it doesn’t

>> No.14637958

>>14637948
it's overbought whenever the price is above grayline which shouldn't be the case before halving historically

>> No.14637964

>>14637958
The chart says you are a faggot

>> No.14637969

>>14637865
Agree. The last halving went from $200-$20,000 I believe.

>> No.14637971

>>14637845
>Conservative estimate $40K in 2021
My personal trash-tier meme lines predict at LEAST $150,000 by 2021, and that's the lowest estimate I've seen on here until your thread.

>> No.14637986

> Conservative estimate $4k in 2021

> High estimates $17K in 2021

>> No.14638008

new ath only 2x from previous ath

Wat?

>> No.14638033

>>14637969
Last halving was jul 16
Btc was 650 dollars

>> No.14638064

>>14637969
it's less every time though

>> No.14638102

>>14638033
You need to check price from bottom a year before halving to a year and and half after.

Price increased 115x last time

>> No.14638116

>>14638064
Not this time now we break bellow fiat inflation rate next halving.

This one will accelerate again due to that.

>> No.14638127
File: 200 KB, 1080x1345, 7b3d51945d5723918e566f279e9b1094.jpg [View same] [iqdb] [saucenao] [google]
14638127

>>14637958
I think the halving is a meme.
Im expecting the price
1)to top out before or close to the halving this time if this rally is the bullrun
2)to not have any meaningful effect on price is this is a bear market rally

>> No.14638128

>>14637845
stupid fucking niggers. btc to 50k EOY. arthur hayes knows. when he said 50k EOY that was 1 year delayed. after halving btc goes to 200k-500k by end of 2021. now shut the fuck up and get off my board you conservative KEK.

>> No.14638147

40k? That's too low, were going to hit 40k before by the end of next year. I'm expecting 100k+

>> No.14638213

>>14637969
The halving isn't what caused the price to 10x lmao.

>> No.14638228

>>14637925
Cringe nocoiner

>> No.14638325

>>14638102
No, no i dont

>> No.14638916

>>14638127
haven't you realized miner is the greatest source of sell pressure in cryptocurrency?
as of the current mining reward 3050 bitcoin are created from the thin air every 24 hours
after halving the number will be decreased to 1525 bitcoins

>> No.14638951

>>14637925
*nervous voice*
*pops anti-depressant*

>> No.14638975

>>14637845
Hahaha where the fuck are you pulling those shit numbers from.

>> No.14638997

>>14637925
>It is flattening
>Don't you see
>It will not go over 120

>> No.14639000

>>14638916
pure conjecture

>> No.14639731
File: 392 KB, 1080x1080, Bitcoin.jpg [View same] [iqdb] [saucenao] [google]
14639731

>>14637865
>>14637971
>>14638147

I think $80-90K highs is a reasonable forecast. I really don't think some of these huge price levels for BTC can be supported in as early as 2021. Even to eat up JUST the BTC mined in 2021 at a price of $100K, 32 BILLION BTC needs to be bought. Most of the top 50 companies by revenue do a bit over 100 Million for essential products like Exxon Mobile, Chevron, etc.

>> No.14639743

>>14637865
The most precise historically-extrapolated technical analysis I have seen pins the top of the 2021 bubble at ~$185,000

>> No.14639769
File: 35 KB, 432x289, BTC-halvening.png [View same] [iqdb] [saucenao] [google]
14639769

>>14639731

> 32 BILLION BTC needs to be bought. Most of the top 50 companies by revenue do a bit over 100 Million for essential products like Exxon Mobile, Chevron, etc.

Obviously I meant $32 Billion in BTC needs to be bought and these top companies do $100+ Billion in revenue. But you see my point. $100K BTC is going to be hard to support until a couple more halvenings after 2020