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Bitcoin Halving: Bitcoin Could Be About To Make Another Major Move

From forbes.com

Bitcoin traders and investors are nervously counting down to next week's bitcoin supply squeeze, known as a halving. The bitcoin halving will seen the number of tokens rewarded to those that maintain the bitcoin network, called miners, cut by half on May 12—with analysts divided over exactly how it will affect the bitcoin price. However, technical data and sentiment signals are suggesting the bitcoin price could soon make a major move. "The bitcoin halving is only five days away and in the lead up to this event, we’re seeing a lot of people speculating on what will happen, whether the price will go up or down, or if ... (full story)

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  • Category: Fundamental Analysis