Bitcoin halving was originally good news, but the price of the currency did not rise but fell. There are several reasons behind this:
1️⃣ Once good news is realized, it becomes bad news. Because everyone is hyping expectations, and when it really happens, the dealer will start to make money by shipping.
2️⃣ Bitcoin has already reached a record high, but the war situation in the Middle East has made the market very unstable, giving short sellers a great opportunity.
3️⃣ The US stock market generally pulled back in April, and Bitcoin was also affected by the decline of US stocks.
4️⃣ The entire cycle is still in its early stages, and the current situation is like just starting. Therefore, the future price range and trend of Bitcoin are still worth looking forward to.
