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(2020-04-11, 02:58 PM)Carsten Wrote: What happen during the halving this time is not easy to predict. Yes, maybe some leave the mining business and cash in now. Maybe that's why we don't see the price go up above $10.000 as expected. We also have the Corona crises that affect everyone and the global business. That is for sure also a huge factor for the current price of crypto. Maybe some cash in and maybe some buy up by selling out of stocks. Hard to say for sure with a deeper analysis. Still I can't imagine everyone leaving the mining business because a price of $7000 is still attractive. The amount of hashrate will adjust so it's profitable for those with access to cheap power.
I am just telling what is proven in history of BTC.
I believe BTC will gain much more tha 5000%, just because of this corona thing.
What is this thing that builds our dreams, yet slips away from us?
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Well, we don't have to wait super long until confirmation!
Personally I hope to see ETH, Litecoin and especially xrp and ada go up
Cardano is the most promising 3 gen. crypto right now.
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2020-04-26, 11:42 AM
(This post was last modified: 2020-04-26, 12:20 PM by Hugues.)
About 2 weeks ago I posted a graph.
Now have a look at my graph:
![[Image: VB4moKpH]](https://www.tradingview.com/x/VB4moKpH/)
Hash Ribbon Buy
The Bitcoin Buy signal which occurs about once a year just fired.
Note: The halving is just 2 weeks away. Expect another signal within the next 3 months, like 2012 and 2016.
Historically this means that the next 30 days is a great time to accumulate more Bitcoin .
https://www.tradingview.com/x/VB4moKpH/
What is this thing that builds our dreams, yet slips away from us?
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We have to believe that prices of btc, ltc, eth, xrp, stellar, ada are all very much undervalued. The question is if people are going to buy and how business are integrating crypto to really make it the preferred way of paying.
Cardano is the most promising 3 gen. crypto right now.
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(2020-04-26, 04:25 PM)Carsten Wrote: We have to believe that prices of btc, ltc, eth, xrp, stellar, ada are all very much undervalued. The question is if people are going to buy and how business are integrating crypto to really make it the preferred way of paying.
I believe todays and near futures economical situation will show people what to do.
people will realize crypto is in.
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I certainly hope so!
Cardano is the most promising 3 gen. crypto right now.
