Actually it's interesting that previous halving coincided with a price bump that eventually leaded to an April bubble.
Is it a mere coincidence? A reason or an excuse for a bubble?
Is it a mere coincidence? A reason or an excuse for a bubble?
I am convinced mining puts a lot of downward pressure on bitcoin prices. I think most have to sell what they mine to cover costs.
So when the block reward halved, the downward pressure was cut in half.