Hey fam, today we saw one of the major 2022 red candles, not only for BTC, but, also on the crypto market. I have seen a lot of activity over social media regarding the 10% price drop and would like to ask if this is something you had already under your radar.
With all of the recent hype because of the ETH Merge, while still on a bear market, most of the narrative these days didn't even bring up the CPI variable before.
Anyway, in a bear market as we find ourselves, there is usually volatility, which means that any little thing can affect the price. The CPI report affected the markets in general.
Which are the next events that you think will negatively impact BTC prices? I was thinking about the next halving, but I would also like to hear all of you guys’ opinions.
The next halving affecting negatively? Explain that. So far halvings have positively affected the price and have the logic that as supply is reduced, the price tends to rise by the law of supply and demand.