Post-Halving Performance More Bullish Than Pre 2017?

Bitcoin is @ $15681 this morning – quite bullish, indeed!

Bitcoin Experts Claim Post-Halving Performance Is More Bullish Than Pre-2017

“Bitcoin price is gaining in momentum, tracking along well with the many scarcity-based valuations models that exist. These theories all believe that the cryptocurrency’s block reward halving kicks off a markup phase of epic proportions.

Currently, there are only two previous samples to go by, each where the asset explodes in ROI post-halving. At present, Bitcoin price action is outperforming even the early bull market foundation that resulted in the 2017 crypto bubble. Could this mean that the cryptocurrency is even more bullish during this cycle? Experts believe this is so, and it could lead to prices of $288,000 before the end of 2021 if the trajectory stays on target.”

https://www.newsbtc.com/analysis/btc/bitcoin-experts-claim-post-halving-performance-is-more-bullish-than-pre-2017/

 

Master Asked on November 11, 2020 in Bitcoin.
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