Does Halving event having impact on Bitcoin's Price?

June 17, 2021 8:02 AM
Many people say that the price of bitcoin goes down for a year after every halving event. The last halving of bitcoin was in May 2020. The bitcoin's price surged from May 2020 to May 2021. Right now, the currency's value is down by around 50% from its all-time high. Do you think it is the impact of the halving event?

The next halving event is et to occur in 2024. Can we expect another bull run just like 2021 in 2024 as well?

  • #bitcoin halving
  • #bitcoin price
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