Bitcoin mid-halving event might decide the first cryptocurrency's faith for the next 2 years
As Santiment's article suggests, the market stays in front of the next mid-halving correction. The company's analysis is based on previous cycles' data, during which BTC struggled to break important resistances, enter the growth phase and performed positively in general.
will follow the same pattern as it did before, as it still remains in the local uptrend that started in the middle of March.U.Today previously shared the vision of various blockchain and cryptocurrency experts about halving events that previously had a huge impact on the crypto market. On-chain analyst Willy Woo noted that halvings may no longer have the same impact on the market and industry because of the massive institutional inflows we saw in 2021.
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