Why Holding Onto Bitcoin Post Bitcoin Halving is Ideal

Why Holding Onto Bitcoin Post Bitcoin Halving is Ideal

The stability in the price of bitcoin after the occurrence of bitcoin halving alarmed many investors and bitcoin buyers around the world. The stability in the price of bitcoin after the occurrence of bitcoin halving alarmed many investors and bitcoin buyers around the world, especially those that haven’t been following the bitcoin community and media. Some bitcoin investors expressed their concerns over the price of bitcoin which has remained at the US$660 margin over the past few weeks. The same investors that believed the halving of bitcoin block reward would trigger a massive surge in....

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Bitcoin Price Post-Halving Calm

Bitcoin price holds steady and the reward halving has not seen any surprises in the mining sector. Price seems to be preparing for advance – not today – so, time to do something else than check the bitcoin price chart like a squirrel for nuts! The “halvening” caused no immediate fireworks, other than the sharp drop a few blocks prior to the event. Yet, we did not see a new low and price is holding a sideways path. The price wave since last week’s low has a look of consolidation about it. However, we won’t base any trades on such a tea-leaf reading: there is currently no clear signal to....