How do halwings help investors make money
Bitcoin is the main player in the market and its movement reflects that of most other cryptocurrencies. Halvings slow down the rate of #btc supply growth in the market. History shows that after each halving, the price of Bitcoin reaches new all-time highs.
The easiest way to explain how halving affects cryptocurrency prices is through a Bitcoin Rainbow Price Chart. Here's how to analyze it:
Blue vertical lines represent the dates of halvings.
The black line represents the Bitcoin price.
The rainbow represents a color gradient that helps determine buying opportunities for cryptocurrencies at any given time. For example, when BTC is in the red zone, it means that the coin is overbought. In such cases, prices are usually close to their peak values, so buying may not be the best decision. On the other hand, the blue zone signifies that BTC is cheaply priced.
