There are times I will sit down and think about bitcoin halving and when cryptocurrencies will reach new all time high. The last time it happened was in 2017 for strong cryptocurrencies like bitcoin.
There are only 21 million btc to be mined. And, only 18,236,512 btc has been mined. Only 2,763,488 btc remaining.
I am just thinking that with the little remaining bitcoin, can the effect make the price of cryptocurrencies to reach new all time high. It sounds impossible to me but I know that the price will increase but may not reach new all time high.
Yes there is going to be a bull run now that the halving has taken place, but it's not going to be immediately, it's going to take some time. The day the Halving happened I didn't even know, because I wasn't checking the countdown. I just woke up and saw the news that the halving happened. I was a bit excited, but not because I thought that there was going to be a pump, it was just normal. I do know that as time goes on the price will increase.
But as per the last halving and its subsequent market reactions, we cane expect new ATH to happen in coming months. After first halving bitcoin prices reached $1000 for the first time and the 2nd halving took the prices to test around $20,000 and this time 3rd halving just happened and we cannot speculated where is going to be the new ATH; it may be 10x higher than the previous ATH.