Re: is $60k the floor rate of bitcoin after halving?
The halving event is over 5 days ago, and it seems like the $60,000 is still the psychological support right now.
It almost reached that price a few days before the halving event, but it didn't go below or even touched that price.
I guess it's safe to say that $60,000 is the support right now, but I doubt that we will see a correction as huge as what happened a few days before the halving event now that it's over. I expect a gradual increase in the price of Bitcoin over the next few months and that will be the time where the bull run will start. Of course, I might be wrong, and we might see a sideways movement towards the price of Bitcoin at around the $60,000-$70,000 for the next few months.
Whatever happens, just be ready with what can happen. If you can accumulate right now, do it in preparation for the bull run. That's what I'm currently doing, and I hope everyone are doing the same as well.