Here’s Why the BTC Halving Was Such a Non-Event (Price Wise)

TL;DR

• The halving isn’t like a lightweight change that turns the bull run on/off, it’s extra like a landmark — we all know costs are likely to run up submit halving, however we don’t know precisely when.

Full Story

On Friday, the Bitcoin Halving passed off — slicing the every day movement of recent Bitcoin coming into the market in half!

Making Bitcoin scarcer than it EVER has been earlier than, kickstarting the beginning of a brand new bull cycle!

And…and…

And nothing actually occurred to Bitcoin’s value after that…in actual fact it stayed vary sure at round $65k all weekend.

So what’s up with that?

Effectively, the halving isn’t like a lightweight change that turns the bull run on/off — it’s extra like a landmark. We all know costs are likely to run up within the months submit halving, however we don’t know precisely when — it’s simply ‘a while’ after the halving.

(Sometimes between 1-6 months).

The excellent news?

Up to now, costs haven’t crashed — which is one thing that has tended to comply with halvings of the previous.

(It’s often a ‘purchase the rumor, promote the information’ type of occasion).

Guess we’ll need to hurry up and wait 🧘