Argo Blockchain Share Discussion Threads

[jungmana] 13/2/2024 08:29

$100,000 btc coming soon imohttps://www.forbes.com/uk/advisor/investing/cryptocurrency/bitcoin-halving/

[ace ventura11] 13/2/2024 08:26

BTC has a long way to go today, should see $52-$55K by Daily Candle close at Midnight.

Heading to $100k Minimum before the halving.

[stockhunters] 13/2/2024 08:24

sellers with bitcoin at 50k

crazy

[1luckylee] 13/2/2024 08:22

Do you think it will go down after the halving?

[genierub] 13/2/2024 08:12

Looks like ARB going for it today - 30p?

BTC should be over 52K when USA folk wake up.

Crypto is the way to the pot of gold until the halving.

[btcmaxi] 13/2/2024 06:58

Morning all,

Interesting thread. Glad I came across it.

Im invested in BTC + 7 proxies (ARB, CLSK, MARA, RIOT, HUT, HIVE, COIN).

At current prices Im about 55:45 (BTC:all proxies) with ARB being my single biggest holding in miners

Fwiw, my own predictions before the ETFs were approved were that BTC would reach a cycle top of £100-125,000 sometime in 2025 and ARB to reach 100-120p this cycle.

However, I think the ETFs change the landscape significantly.

I dont honestly have a clear idea of where this is all headed but predict its going higher by 2025 than I had predicted.

For ARB to stay viable as a business post halving, I think BTC price has to reach $62,000 ish. I think it will get there, quite comfortably before the halving.

There has been a lot of new ARB shares issued since last cycle. To reach previous cycle market cap top, the current shares in circulation have to reach 112p i think. I think if BTC goes parabolic after halving (likely imho) the ARB price will follow

My own plan currently is hold all my ARB all the way up to 100p and then start selling in 10% steps above 100p.

I havent got a clear plan yet. Im definitely sitting tight with everything and riding out predictable volatility until Autumn 24 and then redoing all my analyses and putting a final exit plan together. Things will be (hopefully) easier to predict then.

[jungmana] 13/2/2024 01:02

"Historically, BTC price has set a new all-time high within a year after each halving. The first halving occurred at block number 210,000 on November 28, 2012. Back then, bitcoin was trading at around $4. By the end of 2013, the price of BTC reached $420.The second halving happened another 210,000 blocks later, on 9 July 2016, and it reduced the miners' reward from 25 BTC to 12.5 BTC per block. In 2017 Bitcoin price set a new all-time high of around $20,000."

[jungmana] 13/2/2024 01:00

$100,000 bitcoin this summer imo with halving due in April:"Halving reduces the number of new bitcoins generated per block, thus decreasing its supply in the market. In traditional markets, a product with low supply and high demand tends to increase in price, so halving is considered one of the main catalysts for a bull rally."

[ny boy] 13/2/2024 01:00

Btc ..every 4 year halving next month!

$800,000 long term price target, buy hold & forget, ETF approvals are the game changer, the drop to $15k was to clear out many PI’s and replace with whales, big boys club

[srpactive] 12/2/2024 22:05

Loving the arb chart, needs to rerate to the mid thirties.

dyor

[srpactive] 12/2/2024 18:53

Double bottom it is then. Nice close, 27p open in the morning I reckon. Dyor

[zydecoco] 12/2/2024 18:15

BTCmaxi,Welcome, What is your own cycle peak high price target?FWIW, my BTC range shots are:Before December 2024, 70k to 120k. thenBefore November 2025, 180k to 360k.Note: I use these range shots as markers to know we are, or are not, on the path I expect. DYOR.For ARB, let's see how things are after the April Halving, in about July first.

[mattjos] 12/2/2024 17:45

126k for Bitcoin & £5.40 for ARB :-)

[zydecoco] 12/2/2024 17:41

BTC sashays through 50k

[zydecoco] 12/2/2024 17:40

BTC sashays through 50k(Marking every 2k onwards)

[btcmaxi] 12/2/2024 17:29

Whats everyones price target based on BTC cycle peak?

[r9505571] 12/2/2024 17:21

Looks like we will breach £40k overnight!

[eggbird] 12/2/2024 16:40

Its hard to stop it.
QBT ready to pop too!!

[apotheki] 12/2/2024 16:18

In the same space BITK listed over in Canada TSXV:BITK

[jungmana] 12/2/2024 16:08

80k btc , imo should see 100p ARB

[mattjos] 12/2/2024 15:57

80k target for the C&H

[r9505571] 12/2/2024 15:52

BTC bursts through £39k!

[jungmana] 12/2/2024 15:46

Yep btc storming ahead with 40k pounds insight.