Post
Topic
Board Speculation (Altcoins)
Re: Bull Run or Bull Trap
by
miningguru
on 29/04/2020, 10:04:50 UTC
Just in few more days from now, bitcoin halving will start. We do know how bullish it was when the last bitcoin halving happens. I do believe such will repeat itself again. It quite unfortunate that so many people have exchange their bitcoin for fiat due the pandemic. Let's be hopeful that this year halving with skyrocket other altcoin not only bitcoin
Yes even we dont want to sell our bitcoin we have no choice but to sell (especially those who dont have savings) because of the crisis happening in the world.

The market is somehow turning bullish and I think its because of the expectation of many investors in the coming halving thus they started to buy before it happen.

But still we'll never know what is going to happen before and after halving so lets just wait and see.
I believe with the pandemic or not experienced crypto investors have already know what will aftef halving which is bullrun market because the bitcoin block halving was set as an ideal way to control/sustain the market price growth.
Meanwhile, the pandemic will only reduce the level of the market surge but it can't stop the market from gaining bullrun trend.

A bull trend will continue even though whether it is halving but as of now, we are in crises with this Corono because where countries are facing lot issues with this virus, which we don't have any vaccine for it to control and it will definitely affect on the economic growth of the countries. Which people might lose their job and this will definitely affect the cryptocurrency too.