For the first time since the halving, Bitcoin has moved above its price during the event. Yesterday, in trading, Bitcoin had its biggest upside move since the 4th block reward having occurred on April 19th, period. That move took BTC over 7.5% higher or around $4,700 on the day.
Bitcoin is trading at around $63,000 which is only a few hundred dollars from where it was at the time of the halving less than a month ago on April 19th. April’s performance was poor for the digital currency, losing nearly 15% or $10,645 of value during this historic month. The fourth block reward halving occurred during BTC’s worst month since November 2022.
The next block reward halving is currently set to occur on April 19th — 20th besides rolling a joint for 4/20 what should you do as an investor/trader to prepare for this day? While the price of Bitcoin usually rises in the 12 to 18 months following a halving event.
