Mid-Halving Era Is Coming For Bitcoin

The Mid-Halving era is coming for Bitcoin. Santiment has released a statement about Mid-Halving.

One of the critical events for Bitcoin is the halving. Bitcoin halving has been eagerly awaited by the industry for a long time as it causes a significant increase in the price of BTC. However, the midpoint between the last halving and the next may not actually be very optimistic for the market. In a recent tweet, Santiment drew attention to a mid-halving period before Bitcoin's halving. According to the company, the market is in full accompaniment of the next halving fix. When we look at the shared chart, we see that the upper price comes after each halving event. Then, the price of BTC fell until the next halving. Analysis shows that BTC is struggling to break important resistances. It can be said that it has shown a positive performance for BTC, which is currently in the growth phase. Of course, no one knows whether BTC will follow the same pattern. Therefore, there is uncertainty. Breaking the halving cycle means that institutional entries may also increase. On the other hand, with the increasing share of institutional funds in Bitcoin's circulating supply, the halving may no longer have the same effect.