1d and 17 hours away from the next Bitcoin halving and today we experienced already a decent drop in Bitcoin.
Market cap. went down nearly 12% as Bitcoin and Ethereum both dropped within the 11 -12% range. Litecoin dropped more than 14% and gains from altcoins like BNB, EOS and TRX are all within the same range.
The important question is if this is already the expected POST halving price drop (similar to the downward price movement we experienced after the last two halving events) or is it just the start to go further down? What is your opinion?
So far I am waiting to see where the next hourly candles will close.
Please support content creation here on Publish0x by tipping.
If you like, you can also like this article and follow me here on Publish0x. Please note following on Publish0x is currently pointless as you don't get any notifications from your followed authors, so I would rather recommend following me on Twitter.