Bitcoin price might benefit from traders front-running the halving owing to other factors, but it is still six months away.
In the past three years, BTC has shown promise of a rally right after halving events. The hype train is so intense that it has managed to draw the attention of some big wallet whales. Bitcoin price is expected to make a big blast following the fourth halving in May next year, but investors are already seemingly bullish thanks to the recent and forthcoming events.
These factors include the hype of spot Bitcoin ETF approvals by the Securities & Exchange Commission (SEC), the potential Quantitative Easing, as well as the upcoming halving event. However, what many investors are missing is how their optimism could get crushed.
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Bitcoin price might benefit from traders front-running the halving owing to other factors, but it is still six months away.
In the past three years, BTC has shown promise of a rally right after halving events.
The hype train is so intense that it has managed to draw the attention of some big wallet whales.
Bitcoin price is expected to make a big blast following the fourth halving in May next year, but investors are already seemingly bullish thanks to the recent and forthcoming events.
These factors include the hype of spot Bitcoin ETF approvals by the Securities & Exchange Commission (SEC), the potential Quantitative Easing, as well as the upcoming halving event. However, what many investors are missing is how their optimism could get crushed.
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