Prepare for a Bitcoin Chop Before the Positive Impacts of the BTC Halving Take Place: Bitfinex

Bitfinex analysts have shared their latest insights on BTC for May, predicting that the world’s leading cryptocurrency will continue to serve as the price action benchmark for the market, indicative of the entire asset class’s market cap.

Bitfinex analysts think that Bitcoin will stay at about the same price for the next 1-2 months, trading within a range with fluctuations of $10,000 on either side. They believe that this is because there won’t be any big changes in the economy soon. However, analysts also believe that the recent halving event will have a positive effect on its price later on.

Source: Digital Coin News (digitalcoinnews.net)

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