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Topic: [2016-07-21] nasdaq.com] Halving Aftermath Points To Rosy Future For Price Of (Read 248 times)

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Halving Aftermath Points To Rosy Future For Price Of Bitcoin

So, “The Halving” came and went and, as I anticipated a couple of weeks ago, it was not exactly earth-shattering for Bitcoin. The price did drop slightly as a result of a somewhat predictable “buy the rumor, sell the fact” kind of pattern, but the drop was well within the range of normal for the volatile currency. From a price perspective, the fact that there was a drop at all is actually quite interesting, and would seem to set up BTC for a sustained period of gains.

http://www.nasdaq.com/article/halving-aftermath-points-to-rosy-future-for-price-of-bitcoin-cm652841

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