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Cryptocurrency Price Speculations / Re: Bitcoin post-halving price consolidation could last 2 months
« Last post by yhiaali3 on Today at 10:27:34 PM »Personally, I expect the downward trend to take more than two months. We may need at least the end of the year to see the real impact of halving on the ground.
This is not the first time. In most previous cycles, it took a few months for us to see the effect of halving. This time the same thing, I think. Perhaps some people thought that the large rise that occurred before halving due to the effect of the ETF would change things, but this did not happen because we are now almost two weeks after halving We see the decline continuing and we do not see major movements in Bitcoin. The market needs a lot of patience.
This is not the first time. In most previous cycles, it took a few months for us to see the effect of halving. This time the same thing, I think. Perhaps some people thought that the large rise that occurred before halving due to the effect of the ETF would change things, but this did not happen because we are now almost two weeks after halving We see the decline continuing and we do not see major movements in Bitcoin. The market needs a lot of patience.