Will there be a decline in the price of Bitcoin before halving?


Why is Bitcoin rising?” and “is Bitcoin going to crash?” are questions we hear a lot. To make or understand a Bitcoin price prediction, you must first know how Bitcoin fluctuates.

Just like most currencies, the price of Bitcoin changes every day. The only difference is that the price of Bitcoin changes on a much greater scale than local currencies.

Bitcoin’s price has crashed many times over the years:

  • In 2011, the price crashed 93% in five months;
  • From November 2014 to January 2015, Bitcoin’s value was halved, much like its crash in December 2017.

Will Bitcoin Crash Again?

If more countries create regulations/laws for cryptocurrency, more bad news will be published. This means we may see Bitcoin crashing again. Countries such as South Korea, Japan, China, France, and the United States all want to create new regulations.

Even though they want to create new regulations, we must remember that:

  1. This could take a long time.
  2. It might not affect the price of Bitcoin.

Until then, the most popular Bitcoin projection is that it will continue to rise.

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