And just like what, when we talk about $71k, bitcoin prices again rose to that price and in the last 24 hours we have a huge uptick in the price and for sure we are all very happy to see the price at this range again.
So it' just like $2k from the previous price, and with the way the price is rising, we knows, maybe before the end of this month, we will see a new all time high.
Bull have awaken up and this is the first sign of the price movement after halving, so this is a very positive outlook specially for those who have been waiting for a movement and somewhat doesn't have the patience.
What do you think is the reason why bitcoin and the entire market turned green? I believe this impact is due to the news of the ETH ETFs rather than the impact of the halving. Looking at ETH, it jumped over 20% in just one day when news broke that there is a 75% chance that the ETH ETF will be approved on May 23. But like a bitcoin ETF, nothing is guaranteed until official news is released so there is still a chance that the market will be severely dumped if the ETF is not approved.