Bitcoin price predictions abound as traders focus on the next BTC halving cycle
Cointelegraph
Published May 19, 2022 11:25AM ET
Updated May 19, 2022 01:20PM ET
Terra's recent collapse has been repeatedly singled out as the main source of weakness affecting crypto assets, but it's much more likely that a combination of factors are behind the start of this current bear market.
At the same time that the market was reeling from the Terra saga, the 2-year mark for the next Bitcoin (BTC) halving was also crossed and this is a metric some analysts have used as an indicator for the end of a bull market.
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Written By: Cointelegraph
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