chintchary

Consolidation before halving push

Long
BITSTAMP:BTCUSD   Bitcoin
The halving is the main price driver in Bitcoin.

BTCUSD has bounced back from the lows, but hasn't shown the strength for a sustained rally. The volatility will gradually drop off, and the price will stabilize slightly higher than the median 2019 price, because there still is accumulation going on. Towards September the halving will start to enter consciousness and the real rally will start.
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