Bitcoin price shows no signs of directional bias while it holds above $60,000. The fourth BTC halving is partially priced in, according to Deutsche Bank’s research. But history shows that BTC generally appreciates a year into halving and hits an ATH. Bitcoin price briefly slipped below the $60,000 level for the last three days, attracting buyers in this area as the fourth BTC halving is due in a few hours.
Since L2 solutions augment the network’s practical utility, its share of the market has been slowly increasing. What will happen to Bitcoin price post-halving? Bitcoin halving, as Deutsche Bank mentions in its research, is a retail-driven event. Retail investors consider the negative supply shock to have a positive effect on Bitcoin price. As a result, the number of addresses holding BTC sees a huge uptick after halving.
Coin Coin Latest News, Coin Coin Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: Utoday_en - 🏆 295. / 63 Read more »
Source: Crypto_Potato - 🏆 568. / 51 Read more »
Source: Crypto_Potato - 🏆 568. / 51 Read more »