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How High Can Bitcoin Price Go After The Halving Yesterday, 1000% OR 5000%? - Investment - Nairaland

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How High Can Bitcoin Price Go After The Halving Yesterday, 1000% OR 5000%? by braxdon: 6:19am On May 12, 2020
How High Will Bitcoin go After the Halving Yesterday, 1000% OR 5000%?
The first all-time price of $1,007.39 attained after the first halving in November 2013, which is about 10,000% rise (calculating from the halving day when bitcoin was trading @$12.22).
The second all-time price of $20,000 attained in December 2017 was still after a year after the Halving in June 2016, which is over 3000% calculating with the price of bitcoin of $657.61
At this point, you should have a better understanding of why bitcoin surged so high in late 2017, the good news is that same is about to happen again, but this time, what percentage rise are we expecting? Well, for 2017 all-time high of $20,000 the economy was at its peak and there are other programs ongoing then creating lots of crypto awareness in the space.
So, how high can we go now?
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