Just remember that folks.
The Bitcoin market was bullish before the two previous halvings (hence no clear correlation in my humble opinion). But if you believe there is a correlation then it's important to consider other indicators, and not the halving alone.
When you check the history of Bitcoin price, you will notice there was a clear bullish trend before the two halvings occurred.
I am in the minority here but I doubt this year will be bullish, the trend is still bearish, it has been bearish since we were rejected below 14k last summer.
Watch out for March-April, if they are still bearish months, there is no way IMO the price will skyrocket this year. The important prices here are 10.5k (very strong resistance) and 14k. Before we break these prices again there will be no uptrend.
I am not your financial adviser. Just my opinion
The Bitcoin market was bullish before the two previous halvings (hence no clear correlation in my humble opinion). But if you believe there is a correlation then it's important to consider other indicators, and not the halving alone.
When you check the history of Bitcoin price, you will notice there was a clear bullish trend before the two halvings occurred.
I am in the minority here but I doubt this year will be bullish, the trend is still bearish, it has been bearish since we were rejected below 14k last summer.
Watch out for March-April, if they are still bearish months, there is no way IMO the price will skyrocket this year. The important prices here are 10.5k (very strong resistance) and 14k. Before we break these prices again there will be no uptrend.
I am not your financial adviser. Just my opinion