$BTC HALVING DONE! ๐ฅ Is It Time To Buy Or Wait & Chill? ๐ค๐
First of all I want you to remember that price fluctuations will not occur immediately! This could may take several days or even weeks for significant changes. In my opinion to go "All In" right now is too early and thus too risky. I'll point out 3 factors that are currently preventing me from rushing in:
1) Big Bitcoin miners require prices to double to cover costs after the halving. If they can't afford expenses, they might sell BTC and consequently causing prices to drop drastically
2) Tensions between Iran and Israel could affect Bitcoin, despite the media silence. War could shake up the market and make people sell BTC for Gold and Silver.
3) Whales are waiting for prices to drop down, so they basically can buy more. In fact, if they start buying, it could increase the selling pressure and thus drive prices down
In my opinion, in order to solve those 3 factors we do need a war's solution, whales to pump up prices and miners to find out cheaper electricity sources. Then, I'll be more confident on forecasting Bitcoin on new all time heights!
STAY TUNED! & Remember, Your Support Is MASSIVELY Appreciated!๐๐ช -๐ค
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