Don't you think the effect of the upcoming halving is already factored into the latest #bitcoin rally? This halving is very different from the previous ones, both in terms of market capitalization and in the awareness of institutional players now involved in the game
#halving #bitcoin #price
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Replies (7)
It never is.
No its not priced in.
this time is different
Not priced in at all..
Priced in by who? Me yes, I’ve been stacking hard since the last one. By most of society, most certainly not. 9 out of 10 people I know barely understand the basics, much less fathom the significance of the halving. To your point there is more awareness in general but my guess is that the halving will still likely have an influence on price and adoption.
I'm convinced that the halving will have a significant impact on Bitcoin's appreciation against fiat currencies, though in my opinion, it will be less than that seen in previous cycles. Let’s see.
Regardless, fiat is destined to continually decrease in value relative to Bitcoin, no matter the pace at which this occurs.