Analysts: Bitcoin will rise post-halving, but ONLY if…

Debate over holding Bitcoin vs. taking profits emerged amid market fluctuations.experienced its much-anticipated halving event, yet its post-halving price performance continues to make headlines with its unpredictability., the leading cryptocurrency was flashing all greens in its weekly chart at press time, signaling notable bullish movement within the market.

This highlighted that while short-term fluctuations may occur immediately before and after the halving, the longer-term trend typically shows an upward trajectory. If looked closely, this pattern aligns with basic economics: when demand for Bitcoin remains constant, but the incoming supply is halved, the price must adjust to ensure market equilibrium.He predicted a potential upward movement in Bitcoin’s price over the coming months, consistent with historical trends., author of “The Bullish Case for Bitcoin,” said,

“All things being equal, if demand for bitcoins were to remain constant, the halving would result in an excess of demand over supply, causing the price to rise.”, Host of The Layah Heilpern Show, added,This reflects Heilpern’s evolving perspective. While previously advocating for indefinite cryptocurrency holding, she now advises selling upon significant profit realization in this cycle.

Needless to say, if we look at the data from CoinShares, cryptocurrency outflows amounted to a substantial $206 million, with Bitcoin leading the charge at $192 million, closely followed by

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