The stock market is impacted heavily due to the drop in oil prices. Do you all think it will impact the BTC prices as well?
Have you been watching the Bitcoin price? It was impacted earlier but the market has been recovering and going from one level to another. After the price fell to below $4,000, it quickly got back up to $5,000. The next thing it started circulating around the price of $5,000 and $6,000. Last week the price was stable at the price of $7,000 and today it moved to $8,900. So it’s growing and you don’t need to be told, it’s clear.
I bet people who quickly sold their coins out of fear would be regretting they ever sold, because the price is now going back up. And those that saw $3,000 and $4,000 as a good opportunity to buy will be happy with themselves that they bought Bitcoin.
I don’t know what kind of impact the halving will be having on Bitcoin. We are just a day into the month of May. Binance is showing a twelve days countdown to the Halving.