Since last week, the price of BTC has been hovering between 5800-6800
The market is very volatile
But this week, the chance of going up is high
Just a question of speed
The worst is that in March, BTC once fell to 4000 US dollars
I had estimated that the worst fell to about 3500 US dollars
But luckily it didn't come true hahaha
But it still rose later

The latest news on April 3 BTC surged to 7300 USD
There are many people who believe that BTC has lost momentum

But I personally think that the real bull market for BTC has not started
After this BTC is halved, the real bull market will start a few months later.
Because the current global condition is serious
The whole economy is in decline. Many people will want to rely on gold.

The current increase is just a pediatrics

But the point is that many people are concerned about
Will this halving of BTC cause the end of miners?

In the opinion of most people, there must be some miners ending
Because of this halving and the increase in electricity, it ’s more difficult to mine.
Will cause some uneasiness

When is BTC halved?
Halved for the third time in May 2020

How does BTC halve?
It is estimated that in May this year, bitcoin will be rewarded from 12.5 bitcoins per block to 6.25 bitcoins.

Investors also hold positive and negative views.

Some people believe that the decline in bitcoin production will lead to price increases due to short supply
Another group of people said that the halving of bitcoin rewards is an established fact and an expected event, and the market should be ready
Therefore, the price will not change much.

Has BTC halved its deeds before?

Bitcoin's first halving occurred in November 2012
The first transaction pricing is located at $ 12
In March of the following year, it only climbed to about $ 30
Instantly become the focus of everyone touted
Also soared to $ 269 in just one month
However, it gradually fell to $ 130 in October 2013.
Bitcoin reached another $ 1,176 in November 2013
This is also considered to be the point in time when the halving effect of rewards actually appears.

The second halving event occurred in July 2016
At that time, the price of Bitcoin was about 650 US dollars.
But the halving effect really started to happen in March 2017, and it was only then that Bitcoin broke the previous historical high
And 10 months have passed since the reward halving event.

Therefore, if Bitcoin wants to break through the historical high of $ 18,000 before the end of 2020, the possibility is actually not great

Is that now the time to buy BTC?

Many people have analyzed that BTC may go into extinction this time
But I personally do n’t think so. After all, BTC is the king of coins.
If this time is really so easy to perish
Then the recent search degree BTC will not be ranked in the top 10 or more

Many rich businessmen will use gold, virtual currency and other things to avoid risks
So they wo n’t be so stupid, let BTC go to extinction
And now because of illness, the global economy is tense, and many people buy virtual currency to avoid risks
So it caused some BTC prices to pick up slowly
Although this is not the main reason
If you look at the long-term, it ’s time to buy
I have n’t moved my BTC from 10,000 US dollars to a minimum of 4,000 US dollars
I just watched the long line

Are you bullish or bearish?
You can comment on the comments below

Current prices of major coins

The next article will introduce what BCH.BSV.BTG is
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