Well, the much-awaited Bitcoin event finally came to an end successfully with #BitcoinHalving being one of the top five trendings on Twitter. After months of speculations and opinionating, the sentiments still remain bullish.
Though this week Bitcoin slacked down by 15% as well as escalated up to $10,000, the pre and post halving trends seem to be in favor of the Bitcoin Investors. Peter Schiff, a renowned financial commentator tweeted,
“Happy #Bitcoin Halving to all my HODLer friends. But now that the halving has come and gone, what happens next?”
Well, aren’t we all wondering the same?
Will we see Wall Street’s next Billionaire?
Experts say by the end of 2020, the price of BTC might get inflated and reach upto a whopping amount of $20,000 meanwhile In the future years, it is said to explode even more . In a CNBC discussion Mike Novogratz,CEO of galaxy digital kept his positive outlook throughout.
Furthermore, A bitcoin analyst ‘Galaxy’ quoted, “ Look what happened the last time we had 7 consecutive green weekly candles. We had a ‘doji’ candle, followed by a 160% increase. By the looks of it, we’re in for a ride.”
Bullish trends still continue post halving. People who trust in Bitcoin are hoping for a huge price soar.
The Post bitcoin halving event also included Miners in a low key, Price slopes, Traders Stand for Price surge in future
Twitter Activity Exploded!
Generally, this used to be a non-eventful event. But this time, it broke all the traditions and was on twitter top trending.
Twitter was abuzz throughout, people all over the world expressed their sentiments regarding the event. This much enthusiasm was seen for the first time in history.
TIE founder Joshua Frank quoted, “Today’s daily sentiment score and tweet volume show that on the day of its third halving, conversations on Bitcoin surged 72% (vs. the 30 days moving average) as Bitcoin surpassed 50K daily tweets for the first time since June 2019.”
But the question is will the history repeat?