Bitcoin halving is "on the horizon" Industry insiders say: Short-term selling is inevitable but long-term will support the rise

Zhitong
2024.04.16 06:50
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The Bitcoin halving date is approaching, which will lead to an increase in selling pressure. However, in the long term, the halving event will support the price of Bitcoin. The head of Crypto.com exchange stated that the halving has a positive effect on the price of Bitcoin, but there are doubts in the market about the impact of the halving. Bitcoin is currently down 2.64% to $62,864. The CEO of Crypto.com expects Bitcoin to perform well in the six months after the halving. Crypto.com is one of the largest cryptocurrency exchanges, currently expanding and with hundreds of job vacancies