BTC halving is coming on May 30th, and expert believes that... well let's look back at BTC Halving history
THE FIRST BTC HALVING:
It happened on November 28, 2012, and at that time, the price of BTC was $11. In 2013, the price skyrocketed and reached an unbelievable $1,100.
THE SECOND HALVING:
It occurred in July of 2016. The price of BTC was $600–700, and then it pumped to $20,000 in the 2017 bull run.
WILL HISTORY REPEATS?
BTC is predicted to follow the uptrend and reach a new high in 2021. Its value is said to become about ten times greater than the price before halving,
The CEO of Kraken, Jesse Powell, believes that the halving may lead to Bitcoin’s price growing to $100,000 or $1 million. Powell says, “When I hear people talking about a bitcoin ‘correction’ I’m thinking $100k, maybe $1m. That’s what’s correct.”
BTC halving history is about to repeat. The price of BTC may grow to 20,000$ or 50,000$ towards the begging of 2021.
If you believe in the future of BTC now is the best time to accumulate it
What do you think about the coming Halving. will it influence BTC price?