Post
Topic
Board Speculation
Re: Does bitcoin price increase after halving?
by
Texac
on 06/10/2023, 14:34:56 UTC
Halving events have frequently been associated with increase in price of bitcoin with significant upward momentum both before and after halving. Bitcoin halving often generate increased market attention and hype. Expectation of lower supply and likely price increase may fuel positive feelings amongst investors and traders.
The halving event is one of the factors that can push the price of bitcoin to a higher level and will usually be able to create a new ATH because when the halving event is almost close, investors will simultaneously come to the market to accumulate bitcoin so that they don't lose momentum, but we all Here we cannot predict with certainty whether the price of bitcoin will immediately increase significantly after this event or whether we will need several more months after the halving to see a significant increase in bitcoin movements.

According to history, after the halving we will have a bullish season as predicted and the upward price trend usually appears a few months after the halving, not immediately.  but we need to note, there is no guarantee that history will continue to repeat itself, there is still a possibility that things will not repeat themselves and there will not be a bull season.  although this possibility is very low, it does not mean it will not happen and all we are saying about the bull season are just our expectations, nothing is certain.