A short version of my opinion on Bitcoin (BTC) halving and surrounding factors you should consider:
Bitcoin halving is currently estimated on 12 May 2020 at 09:32:45 (countdown)
If you need to understand what halving means I suggest reading this.
What factors are to be considered:
There is a reasonable incentive for consolidation of larger amounts of BTC by whales;
Movements of BTC from idle wallets to exchanges are increasing:
Follow Whale Alert
Graph on right shows an example of liquidity in form of stable coins being distributed among exchanges
stable coins being put into exchanges
Coronavirus (COVID-19) resulted in a difficulty upgrading crypto mining equipment after the epidemic prompted Chinese authorities to impose a quarantine and major mining equipment makers delayed production and shipments;
Read the full article
Bitcoin halving is currently estimated on 12 May 2020 at 09:32:45 (countdown)
If you need to understand what halving means I suggest reading this.
What factors are to be considered:
There is a reasonable incentive for consolidation of larger amounts of BTC by whales;
Movements of BTC from idle wallets to exchanges are increasing:
Follow Whale Alert
Graph on right shows an example of liquidity in form of stable coins being distributed among exchanges
stable coins being put into exchanges
Coronavirus (COVID-19) resulted in a difficulty upgrading crypto mining equipment after the epidemic prompted Chinese authorities to impose a quarantine and major mining equipment makers delayed production and shipments;
Read the full article
