$SOL down by 10%, is the rally over ???? Well I have a different opinion.
$BTC is the pioneer of crypto space not only with its price but also because it is the king. It already took many of us with a surprising pump recently. With halving around the corner, people are excited about how this can push the prices further high. And this very conception has driven the recent rally.
Another reason for this rally was SEC and the dust created around the institution. Also US FOMC meets have been in $BTCs favor, so the king is making huge strides. But that’s not the whole story.
It's always observed by the crypto maniacs that the bull run will only arrive after the halving pasts a year. What halving actually is? It means the rewards for mining a single block of BTC will be halved (we will discuss this in later articles).
So to think that a bull run has started would be sheer stupidity from our end. What actually this rally can mean is $BTC will try to gain momentum before halving and is preparing itself to break it’s ATH.
Invest wisely and stay strong ❤️
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