crypto_poet

Halving - so what ?

crypto_poet Updated   
BITSTAMP:BTCUSD   Bitcoin
I see recently everywhere I look, an extreme level of bullish posts getting hyped about #bitcoin halving. So what I ask? Yeah - block reward is sliced by half - that also means multiple mining facilities will quickly run out of business - if the price will stay for much longer at these levels. Buy news, sell facts they say - what if after halving not everyone will become billionaires yet? During previous halvings, price action did not really go to the moon. It was (in both cases) sometime later - I would rather call post halving price action as coinsidence. For now there's two swing areas for me - orange sell and green as buy - do what you will. I'm curious how will this one develop.

Happy trading - hit that like if you got so far ;)
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