WHAT TO EXPECT AFTER THE HALVING 馃搷
1. The Supply has been reduced so the price is going up.
2. Demand will Increase. As we all know once there is a limited supply the demand will always be high.
3. More Miners will be kicked out of business.
Miners will now have to earn as a more as they did before the halving to sustain their business so many who can鈥檛 cover their overheads will now have to close business and go do something else.
4. increased Adoption: lately we have seen more big financial institutions like Blackrock and co offering ETFs and other crypto investment opportunities to Their customers so more will follow suit as they see how profitable companies like Blackrock become.
5. Increase in the price of alternative coins like Ethereum and Co.
Once bitcoin becomes too priced people especially retail investors always buy Bitcoin alternatives that are low price so we will see a sudden increase in for other coins and these will impact the overall price of Altcoins.
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