Post-Halving: Is this it?

in #teammalaysia6 years ago

The 3rd phase of Bitcoin Halving was just completed on the May 11th which saw a half cut of blocks which includes halving of block rewards to 6.25 coins.

However, the much anticipated increase in Bitcoin price was dissapointing where the price dropped to nearly 11%. This event was significant following the halving happened in previous years.

Notwithstanding, that's not the case. If you noticed, now is probably the commencing of post-halving. With the inflation reduced and blocks decreased, the after-effect of halving should be seen anytime soon now. Observe the trend:

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Increase may see around 5%.

That said, probably now is the time to celebrate the post-halving.

Speaking of which, major headlines which brings Bitcoin highlights of the mainstream such as JP Morgans supports banking for Bitcoin.

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Source

We may see much anticipated bull-run during this post-halving, is this it?