Quote from: kobe24ever on Today at 06:45:08 AM

Will the upcoming Bitcoin halving be a non-event due to the state of the world economy affected by COVID-19 ?

First of all there is no upcoming halving atleast for next 4 years. Halving has already taken place a month back. Moreover it's sort of an automatic event which would happen irrespective of COVID-19. How can it be a non-event?

What I think you are trying to ask is that, bitcoin halving might not have impact on price due to COVID-19. First of all you need to understand that Halving is not a guarantee that there would be the next bull run. So the answer to your question is both Yes and No. As significant event Halving was for bitcoin so was the lockdown during Covid for Economy. Now, one school of thought thinks that COVID would have positive effect on crypto therefore both halving and covid will have positive impact then price could rally up. But if Covid has negative impact on Crypto then both could offset each other and we might not see any significance of this Halving. But halving reduces supply in a bit long term not instantly so we have to wait for an year atleast to see effects of Halving on BTC.

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