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Bitcoin Halving Hype Starting to Warm Up

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Bitcoin halving hype usually starts one year before the halving. Not we are 70.000 blocks far from the next halving. What that means is that instead of 1800 bitcoins that are minted daily, miners will be able to mine only 900 Bitcoins daily. It is known that miners are the biggest sellers because they have to pay for electricity and other bills. All this means that demand for bitcoin will increase.

Bitcoin price is still in a bear trend but even after the withdrawal of  CBOE, VanEck, and SolidX’s ETF the price slightly moved. Also, Back and Ethereum hard fork have been postponed the last month.

We are more than a year before the next bitcoin halving and tweets started popping up. Here it is some of the most interesting we found on Twitter:

Do you think bitcoin hit the bottom and the uptrend is about to start or will have more downside?
Post your thoughts in the comments below.

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Ethan Hunt

Bitcoin Maximalist and Toxic to our banking and monetary system. Separation of money and state is necessary just like the separation of religion and state in the past.

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