as you know in my before post i did expect that btc will go to 7800 usd
why was this target still not hit as i did expect?
the most of my targets are right for more than 87%, but why this still not?
--> There WAS FAKE NEWS! about the mining, and that btc network will become slow. and more miners will stop with btc mining.
satoshi nakamoto did made btc for long term, and hi did progam that Bitcoin first started, 50 Bitcoins per block were given as a reward to miners. After every 210,000 blocks are mined (approximately every 4 years), the block reward halves and will keep on halving until the block reward per block becomes 0 (approximately by year 2140). As of now, the block reward is 12.5 coins per block and will decrease to 6.25 coins per block post halving next month.
why did he do that?
because he should know that the value of btc would only increase with time. and the next halving it seems low reward for miners, but the value of bitcoin is only going up because there is a maximum supply of 21 million. even a small country cant buy for them resident 1 btc.
I still expect the 7800 usd target. and as you know btc chan change in just small time, only beacase of fake news.
If you like this post pleas give it a like, and follow me more for next targets.
why was this target still not hit as i did expect?
the most of my targets are right for more than 87%, but why this still not?
--> There WAS FAKE NEWS! about the mining, and that btc network will become slow. and more miners will stop with btc mining.
satoshi nakamoto did made btc for long term, and hi did progam that Bitcoin first started, 50 Bitcoins per block were given as a reward to miners. After every 210,000 blocks are mined (approximately every 4 years), the block reward halves and will keep on halving until the block reward per block becomes 0 (approximately by year 2140). As of now, the block reward is 12.5 coins per block and will decrease to 6.25 coins per block post halving next month.
why did he do that?
because he should know that the value of btc would only increase with time. and the next halving it seems low reward for miners, but the value of bitcoin is only going up because there is a maximum supply of 21 million. even a small country cant buy for them resident 1 btc.
I still expect the 7800 usd target. and as you know btc chan change in just small time, only beacase of fake news.
If you like this post pleas give it a like, and follow me more for next targets.
Note
this was happend beacase of 1000 btc deposit Huobi. by a panic whale --> beacase bad news mining. ---> i expect when the other whales buy, this small whale will buy again.Note
there is no panic need, only 1 small whale sellers, hi hope that the market will crash.. but i think hi is wrong. the rest not have follow the trend.Note
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.