The Bitcoin halving expected on April 20 will take place against the backdrop of significant events in the cryptocurrency ecosystem. About it The Block said Binance CEO Richard Teng.
The top manager noted that historically digital gold rose in price for six months after each halving of rewards for miners, but the dynamics depend on many factors.
Teng emphasized that opportunities for further growth depend on a number of factors.
Earlier, JPMorgan analysts allowed Bitcoin to fall after halving rewards for miners.
Coinify CEO Rikke Staer predicted that the price dynamics of digital gold after halving will correspond to the principle of “buy on rumors, sell on the facts.”
Source: Cryptocurrency
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