The consensus is that halving is bullish as it halves the pace of supply expansion, creating a demand-supply imbalance in favor of a price rise, assuming the demand side remains unchanged or strengthens. Bitcoin chalked out stellar rallies, setting new record highs over 12-18 months following the previous halvings, which occurred in November 2012, July 2016, and May 2020.
ABOUT AUTHOR
CATEGORIES
RSS Error: A feed could not be found at `https://gudnews.cfd/feed`; the status code is `200` and content-type is `text/html; charset=utf-8`
RSS Error: WP HTTP Error: A valid URL was not provided.