While the crypto Community is waiting for Bitcoins then all-time high, warns block roots CEO Josh Rager: investors could be disappointed if you wait until BTC reached the next all-time high of $ 100,000 or more.
The next all-time high, could be lower than thought
Bitcoin is since his massive bull-run in 2017 to a hot topic: The Bull Run that led up the Coin to its all-time high (ATH) of $20,000. As everybody knows, experienced BTC then a massive drop and reached a low of $ 3,200 level for the past three years finally.
After a bearish 2018 were in the following year, the first signs of a recovery, the Bitcoin-price up to 22. June 2019 dropped to almost a $14,000 increase.
After that, the Coin fell again, and halved its price almost. At the beginning of 2020, however, there was a further increase and the brought back the hope of the investors that BTC outperforms this year, finally, all the previous milestones, and up to 100,000 $ or more is increasing.
Although this is a widespread opinion – black roots-CEO and celebrity Analyst Josh Rager is not, however, agrees with her. Rager has released its Bitcoin-expectations just on Twitter and admitted that it might be an “unpopular opinion”. He keeps his prediction, however, is more realistic.
In his recent Tweet, he declared that Bitcoins next price peak is not likely to be as high as people expect. Despite the fact that many analysts see prices of between 100,000 and 300,000 dollars in advance, or even 1 Million dollars per Bitcoin possible.
Rager claims, however, The simple rate of return shows that the return from the bottom of decreases up to 20% per cycle. Against this Background, he expects the next price-all-time high of Bitcoin “only” between $75K and $80K.
He also warns those investors who wait for Bitcoin to 100,000 or 1 Million dollars, before you take profits. Rager is that you should not allow this time, that “the greed get the Best out of them”.
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If Bitcoin is once again in the media and crypto-Twitter is leaving, it means, according to Rager, probably, that he has reached his peak and it goes only downhill.
And this could happen at any time, regardless of the price, for example, the renowned Analyst 50.000, 75.000 or 100.000 dollars.
Triggers the Halving a Bull-Run?
It is expected that by 2020 will be a big year for crypto and especially for Bitcoin. In just a few months, BTC will experience a halving of the block rewards, what will be the impact on supply and demand, in a way, the rise of a significant price very likely.
This is Bitcoins third halving – and if you end up like the previous one, has excellent chances of another Bull-Run trigger.
As some might recall, brought the first halving of the BTC-price 12.31 for $ 994$. As the second half of rose of the Bitcoin price from 650 $ to almost 20,000 $. Of course, this did not happen overnight, it took months until the Coin has reached his current ATH.
Also worth noting, however, that crypto-currencies at the time, still largely unknown. Currently, countries around the world, to the crypto-regulation, and some of them even develop their own crypto-currencies.
Now we just have to wait for the halving and see who retains in relation to the future BTC price right: Rager, or those analysts say a Bitcoin’s price is between 100,000 and 1 Million dollars before.