This is exciting!
That barrier was crucial to start seeing some astonishing moves thru Bitcoin, and we are just $3500,00 from reaching the highs registered in 2019 with the difference that 2020 is the Halving year, means the Bull run is just preparing!! The barrier of $9400,00 was necessary to break to start moving up the price and with the market in preparation for the halvening event this could reach some highs!
We the imminent Halving in few days (less than 5 days) the market is preparing to face the demand! The Miners reward may be cutted to half with the event but the demand will still the same, more people will be looking to acquire Bitcoin but the miners will have less to offer the market leading the "hunting" for secure the asset before it happens crucial to investors who wanna Hold and earn profit from it!
Bitcoin after or before the halving could break some notable marks in the price and if it continues, we can face some marvelous things in the environment! Clearly after halving things will happen to the price, if we follow the latest 2, in 2012 the price climbed from $10-1000 in just months after Halving; in 2016 also good spike was registered where the price jumped to all time highs reaching $20,000 by the end of 2017!
Surely things are excited and the world is expecting to see what will for sure happen before or after the Halvening.
My particular opinion: if you have capital to invest it's time to buy more BTC and HODL it, the asset will be scarce and the demand will still be the same or higher!!
**Republished article also find it at Uptrennd platform from my authorship.
#staysafe be protected from COVID-19, stay home don't be part of the statistics!
**Image from Twitter thread with no copyright infringement here.
