but di truth be say research don show say bull run no de start immediately after halving. Any investor wey de hudl Bitcoin no suppose to de focus on di short term pump and dump price speculations, because na long term project im suppose be.
I can not agree more. This is what I would have posted. Bitcoin do not increase in price immediately after halving, it can take 2 or more months before the price will start to increase.
Bitcoin price pumping does not have any definite time frame to commence, it surely takes time and are dependent on many factors like scarcity in supply, more adoption, bigger trading volumes, more integration into various financial processes and companies as a medium of payment for goods and services, technological upgrades and good improvements in the infrastructure of bitcoin as a whole can foster more adoption and trigger price increase.
in a nutshell, the more factors that trigger more adoption and usage of bitcoin, the faster the bull run comes and it is notable that when demands for the precious coin really surpasses supply, the scarcity introduced is very instrumental to the price increase.