After the last halving before four years (2016) the industry has changed 360 degrees as cryptocurrencies — and Bitcoin becomes more popular. Cryptocurrency is becoming part of the mainstream and is used as one of the utility options.
It was presumed that with this halving Bitcoin price will go up, but due to the ongoing pandemic of Coronavirus situation is changing drastically, therefore, now on the basis of these scenarios it will be interesting to see that, what this Bitcoin halving bring? Does the Bitcoin price go up or down?
No one actually knows on what would happen even though we have seen on how the price moves on past halvings but doesnt mean that it would happen again into the next or upcoming one.Im not fan on tagging up the current pandemic when it comes to bitcoins popularity because it isnt the right time to talk about that.Adoption is on the move and we are all pretty sure with that but time will tell on how it progress out on upcoming future.We shouldnt really expect much that it would go up on the upcoming event but be wise to take action either you would risk up for long term prospect or not.