it was really obvious that halving highly profitable, is currently halving effect is already very visible. and perhaps we will be more profitable when approaching halving that prices could rise high around $600
Currently, the price increase is not related to Bitcoin Halving.
It has been going on for some time a steady increase in the cost cryptocurrency primarily attributed to increased demand from Chinese investors, who are concerned about weakening the yuan and see Bitcoin extremely attractive asset.
"People in China actually experiencing due to the fact that the People's Bank of China conducts a policy of devaluation of the yuan. If you are in China and keep the yuan, it is a huge risk. Therefore, people are buying physical assets, including Bitcoin. This is exactly what is happening now, "- an interview with Reuters CEO Exchange BTCC Bobby Lee.
hmm. This guy needs better words.
"people are buying physical assets, including Bitcoin." kinda grates, no?
Maybe instead of 'physical', we can use 'uninflatable', or 'limited supply' then the description covers what he really means - gold, silver, paintings, bitcoin etc.