Historical data shows that the price of $BTC continuously increased after the Halving until 1-1.5 years later before showing signs of cooling down.

Why will Bitcoin price continue to increase?

1. Due to bitcoin Halving, reducing the supply to the market. Miners have to spend more effort to mine 1 bitcoin. The more scarce it is, the higher the price.

2. Due to the risk of World War 3 and armed conflicts from Russia - Ukraine, Gaza Strip, Middle East, China - Taiwan, South Korea - North Korea, .... Leading to concerns money will lose value. Meanwhile, cryptocurrency is a safe haven. If you need to evacuate during war, even if you go abroad you can still sell Bitcoin. Domestic fiat currencies may lose value dramatically or be difficult to transfer in large quantities abroad.

3. Due to many difficulties in the economy, high inflation, high interest rates, devaluation of money, governments continue to print money massively, leading to imbalance and continuous currency devaluation, inflation. This is called cheap money, cheap money must find investment channels with high interest rates. That's why the US has raised interest rates to 5.25% but still hasn't stopped printing money massively. This leads to investment channels with good shelter capabilities such as Gold and Bitcoin being the top choices.

All of this makes it possible for Bitcoin to continue to break its peak and continue its uptrend for another 1-1.5 years.

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