The price of Bitcoin is back above $60,000news that leads one to wonder whether we are witnessing the beginning of one new bullish phase or if it is just a temporary respite from the descent inaugurated in post-halving.
That the price of the number one crypto in the world moves prey not only to evidence, but also – and above all – to emotions is a dynamic that has been established for some time. Adrenaline rises when Bitcoin skyrockets, dismay (and in many cases desperation) reigns when the price drops. Understanding, during the ride, whether the roller coaster is going up or down is not that simple.
To complicate the context to be analysed, we also find the decline in market interest after the halving, which catalysed attention in the previous months and pushed the price upwards in view of the event which halved the reward per miner, directly impacting on the supply of new Bitcoins. […]
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