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Bitcoin Price Consolidates Below $10,000 After Halving: What’s Next?

Published 05/16/2020, 11:18 AM
Updated 05/17/2020, 06:20 AM
Bitcoin Price Consolidates Below $10,000 After Halving: What’s Next?
BTC/USD
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The halving is over, which means that the hype and FOMO around the halving are slowly fainting away. The price of Bitcoin (BTC), the top-ranked cryptocurrency by market capitalization, rallied towards $10,000 pre-halving, but also produced a 15% crash pre-halving.

While the majority expected a drop post-halving to occur, the price rallied from $8,400 to $10,000. What can be expected with the price of Bitcoin in the coming period?

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