In past years of bitcoin halving there have always been a positive outcome, but in this year's halving there hasn't been much effective movement of bitcoin, I guess it because of the pandemic, maybe in few months ahead the bull run might occur.
In the past halving, there isn't really much effect to the market price of bitcoin, usually, the effect took place after a year or two. But with these halving, most of people still believe about the hype of market price increase right after the halving which is for me is not true. Miners aren't selling bitcoin right after the halving with so much increase in price. What makes the price fluctuates is the people creating hypes. This hype is what people believe so they buy bitcoins and see a short term price increase.
please note that any significant halving movements will occur a year later, not immediately after halving there will be improvements.
but it must also be remembered that in crypto there can be changes that we cannot know about.
I have these details when halving happened in the past so that it could be a reference.
Halving November 2012 ----> December 2013 peak increase.
Halving July 2016 ----> December 2017 peak increase.
Halving May 2020 ----->
how many changes will occur in 2021, a lot of speculation and analysis are circulating. but whether it will happen, all the time also determines.
We need to wait at least few more months to see if the history will repeat . If bitcoin will reach the same price 2017 highest peak then there are more chances to see at least $50k/btc in 2021. But as you guys said the second pandemic wave might affect bitcoin again like few months ago when covid started.
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. I think Dogecoin is the cheapest coin regarding the fee per transaction and also the price itself.
