Altcoins Talks - Cryptocurrency Forum
Crypto Discussion Forum => Cryptocurrency Trading => Cryptocurrency Price Speculations => Topic started by: _act_ on November 12, 2024, 07:30:11 PM
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I saw it on the news. You can read it in details https://cointelegraph.com/news/post-halving-supply-shock-drive-bitcoin-prices-higher but you can easily understand it from the title and what I posted.
It is said that the bull run is also as a result of the post-halving effect. In the last halvings, this is truly how bitcoin price were. What do you people think. Is it caused by post halving event or Trump. I think both. If it was Harris that won the election, do you think the price of bitcoin would have been this far?
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Harris will not accelerate the bull market, it will be slow up because the institutions are uncertain with what is coming in crypto regulations but with Trump, they are already anticipating what Trump would do once he wins.
but then its also true that bull run after halving is imminent, i guess the bear market just last longer because of the uncertain market. when there is no good indication that price will rocket to the moon faster, there will be no profit speculators are going to bet to the trends.
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In my opinion, this is only a post halving effect, historically prices moved in similar fashion, and this time was no exception. People deem certain events as cause, but I disagree.