Virtual feast waiting for the Halving of Bitcoin

The future Halving in the Blockchain of Bitcoin is one of the most anticipated events for the crypto community. Both by those who consider that then the price of BTC will shoot up. As for those who believe that they do not have a particular relevance in the crypto market. For this reason, Anthony Pompliano has announced a virtual feast waiting for the Halving of Bitcoin in our Tweet of the day:

A virtual feast for the Halving

It is difficult to underestimate the importance of the Halving of Bitcoin in the crypto community. Therefore, both those who consider that it will be an event decisive for the history of BTC, as those who see it as a milestone in a process of gradual development, can’t wait for the day of may, in which it will produce, finally, the Halving. And is that, according to the theory handled by a large part of the analysts of the crypto market, the reduction to half of the rewards perceived by the mining of Bitcoin, will lead to a decrease in the rate of growth of the supply of BTC. What you should generate, as a natural consequence, an increase in the price of the criptomoneda. After the fall of the supply, but keep demand for the virtual currency. Among the most ardent defenders of this idea is found Anthony Pompliano. The crypto influencer that has long been the main proponent of the vision of Bitcoin as an asset [store of value. And who now hold a virtual feast waiting for the Halving of Bitcoin, next to Jason Williams, his partner in the founding of Morgan Creek:

“We’ll have a virtual feast to observe the Halving. The details will be informed soon. Don’t miss this third historic event.”

Thus, it confirms once more the importance of the Halving of Bitcoin for the future of the crypto world. Therefore, if at the end of the day, the crypto market doesn’t react the way that they expect many analysts. This could have serious consequences in the long term for BTC, as for the rest of the cryptocurrencies.

Did you like the content? Share it

Cryptocurrency Market