Bitcoin halving, which apparently cuts miners' 50% commission in half of their regular income. This means mining bitcoin is increasingly difficult and expensive. With so many miners competing for mining commissions that have been cut in half from usual. Gradually, one by one, the miners will stop their activities because of expensive operations and disproportionate expenses. This makes bitcoin scarce due to the lack of miners who can serve the demand for bitcoin in the market. This is what makes the price of Bitcoin slowly but surely rise little by little and become more expensive. This is just my opinion... what about you?
Just want to share… 😊. In my thoughts now the buyer is waiting at 63.000,and that is strong resistance according to price at the past. Just in my head only ,, remember this is not financial advice. No one can predict market price😀.
Just want to share something. In my eyesight XVG Verge project is great, check it out. The price is more cheaper now. The price movement is similar to old alt coin in the past. Great opportunity.