1
Bitcoin Forum / Re: Was the halving created much tension you?
« Last post by doc on Today at 08:33:27 AM »That's true, because the bitcoin ETF had quite a big impact on the increase in the price of bitcoin which touched a new ATH before the halvibgg, but what makes many people curious is why after the halving the bitcoin price seems to be struggling.Everything is happening concurrently but we will only discuss the ones we understand. Because there's a block that is going to be mined and the bitcoin reward will half, and that is why halving is so popular. In the other there's no block that will be mined to trigger bull run. So, we will only know about bull run when it starts, so there's no pressure about that. When bull run hits, the posts and hypes on social media will say it all.You are correct, that is a truth that such has never happened, so, don't you think this could be a the cause of spot bitcoin ETF?
Since this never occurred before, and there is every likelihood that we might still see another stumbling price in bitcoin.
The ETF (in my opinion) impacted strong resistance at $60k before the halving.
By the way, if we're already talking about the tension caused by the halving, I'm pretty pissed off by all that euphoria, celebrations and congratulations.
According to smartgold, we cannot deny that ETF approval played a vital role in introducing a new ATH even before halving.