Will bitcoin go back to its old ways according to the law of halving in the past?
The only difference is novel coronavirus epidemic has great impact on the economy, and all central banks are letting water go.
How is this money going to the currency market? How can bitcoin highlight the legal currency siege and become an important option for global asset allocation, rather than gold or the US dollar.
Bitcoin halving will certainly have a big impact on the crypto market, but if the corona virus disease persists then I'm not sure about this. But now is not the time for bitcoin to grow strongly, halving always takes time to recognize the tight supply. According to historical data, 2 months after halving, bitcoin gradually started rocket. But we need to see the situation of international financial markets, if it cannot grow then history is a thing of the past!
And never expect bitcoin to become a common currency. It's just a coin that no one controls, so the whale chooses it as a tool to manipulate it, and it's worth nothing.