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HomeBitcoin NewsFour Reasons Why Bitcoin Might Not Rally Right After The Halving

Four Reasons Why Bitcoin Might Not Rally Right After The Halving

Compared to the previous two Bitcoin (BTC) halvings that were marked by major jumps in the coin’s price around the time of the event, this halving may be different and BTC may not see a bull in the months following the event, according to CryptoCompare, a provider of the crypto market data.

The third Bitcoin mining reward halving is estimated to happen on May 12. Even the Google searches for ‘Bitcoin halving’ are skyrocketing, with recent searches “substantially eclips[ing] the search volumes for the last halving in July 2016, pointing to increased investor interest in the event,” CryptoCompare said in their recent report.

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