In this time, The Bitcoin price will not follow 
the previous Bitcoin Halving events. So, the previous two Bitcoin halving events make the new Bitcoin ATH within the 6-month period and 1 1/2 year period, So, This Bitcoin halving event may take a long time 
to make new Bitcoin ATH. The major reason can be the global situation of the pandemic coronavirus.
the previous Bitcoin Halving events. So, the previous two Bitcoin halving events make the new Bitcoin ATH within the 6-month period and 1 1/2 year period, So, This Bitcoin halving event may take a long time to make new Bitcoin ATH. The major reason can be the global situation of the pandemic coronavirus. Some interesting thoughts.
Bitcoin definitely dumped during the liquidity crisis caused by the pandemic which seemingly popped the everything bubble. Since it has recovered almost 100% off of it's low. The Federal Reserve's response to the liquidity crisis was to expand the money supply by $4 trillion dollars restarting QE. In 34 days Bitcoin's monetary policy will experience QH or quantitative hardening.
The next 12-18 months should be explosive for hard money assets such as Bitcoin & gold as they are repriced with the world's monetary supply increasing drastically over the last few weeks.