Chiara
Sun Jun 16 2024
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7 answers
1671
Will bitcoin halving trigger a 'raging fire sale'?
Could you elaborate on whether the halving of Bitcoin is likely to ignite a frantic sell-off, akin to a "raging fire sale" in the cryptocurrency market? How does the mechanism of halving work, and how has it historically affected Bitcoin's price? Are there any precedents or patterns that suggest a similar market reaction? Additionally, what are the potential risks and opportunities investors should consider during this halving event? Could you also discuss the longer-term implications of this halving on the overall cryptocurrency ecosystem?
