Bitcoin dropped below $9000 area with a massive bearish gap after rejecting $10,000 resistance level. Can Bitcoin break above psychological level $10,000.
Prominent Bitcoin critic, Peter Schiff, believes that the price of the asset will collapse after the upcoming halving event.
Historical data shows that bitcoin may experience temporary price declines after halving. But, Traders seem to remain optimistic about the halving.
Google searches for “Bitcoin halving” have surged since the last halving event in 2016. Will BTC price react possitively to the upcoming event?