The Aftermath of Bitcoin's Halving
Recently have seen a halving event in Bitcoin that everyone was waiting from years.
This is really a great event in the crypto Market which helps the crypto Market to give a good push towards upside and this is the great moment for the investors to book their profits.
If we see in the past history of Bitcoin movement in the time of having we can analyze that after having after a month or 2 months. We see a huge bullish rally which pushes the price very high.
But there is always I told that the past never guarantees the future so we must be prepared in every situation.
Halving is done. What is next now? Everyone is thinking the same and everyone has a question in the mind.
According to my knowledge. I have 3 Concepts after halving that what will happen with the crypto market and the price of Bitcoin.
There are 3 possibilities one that market go up other than the market stays neutral and the other that market goes towards downside.
All this depends on the market scenario right after halving but if you see the price of Bitcoin, it is quite stable and strong at the position of $64000 to $65,000.
At the time of writing I'm looking that the price of Bitcoin is pumping. This is really a good sign after halving.
So after all these scenarios and the involvement of huge company BlackRock and other companies I can conclude that this Bull Run will be far different and we will be a great bull for the Bitcoin.
So guys I think that Bull Run will soon be starting and in the midst of May, the prices will go upside and will be a good time to start booking the profits.
What do you people think after Bitcoin halving and when the prices starts moving towards upside?.Will be glad to see your answers in the comment section.
I hope you find this post useful and informative. If you do, please remember to reblog it so that it reaches as many people as possible and that they can benefit the most from it. Also, remember to upvote, which will help me financially and grow my account.
IMAGE TAKEN FROM CANVA
Thank You!
Best Wishes.
Posted Using InLeo Alpha
Yes, we are expecting the market to go higher.
If it goes high in May as you said then it will be a good sign for investors.
Everything is unpredictable that the Bitcoin price will go up or down. But am getting the vibes the price of Bitcoin will stay stable at $60000 to $65000 but not pretty sure.
To me, mid May is still too for the bull run to start. I think it would start from the last quarter of the year.