It's been a while since I published a post with a poll so I think it's about time I did something about that. I think I shall focus on the crypto cycle for this one.
We are now a year after the last Bitcoin halving event, when the Bitcoin block rewards for mining them are reduced by half. This usually triggers a bit of excitement around the time and prices generally increase a little, which they did last year true to form.
Later on in the year shortly after the US Presidential election Bitcoin hit a new ATH of $108,000. This is what we would expect in a halving year. Things got very exciting and that excitement continued until the end of last year. Again in parallel with the previous halvings of 2016 and 2020.
However, so far this year we haven't seen Bitcoin correspond with 2021 and in this stage of the cycle personally I had hoped it would be doing better. In fact decrypt.com recently published an article concluding that the Bitcoin post-halving price in this cycle is the worst on record. However, if we compare to 2017 we had to wait later in the year for a bull run and altseason.
So who knows where Bitcoin is going next. And that my fellow Hivian friends is the question I am asking all of you seasoned crypto experts and novices alike with my poll. Let's see if we can collate some intelligence that might point to a specific Bitcoin direction.
Peace!