What will be the Fate of Bitcoin After Halving?

Krutika Adani

Bitcoin is preparing for a strong selloff after the halving event.

Bitcoin Miners might sell $5 billion worth of coins to cover expenses.

The US Government might sell an additional $2 billion of crypto recovered from illegal activities.

There are more short positions in the derivatives market with a long/short ratio of 0.9.

All of these factors point towards a price crash in the near future.

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