Bullish trends in market

When I talk about relationship of bitcoin halving event with bullish trend then I can explain it in detailed step by step by keeping in mind and by sharing some of the historical data also.

BTC halving always occurs after the duration of minimum of 4 years and it is elaborated and clearly mentioned in the white paper of Bitcoin and when this event occurs then all the miners that are creating bitcoin are given half rewards of their mining and other half are cut off from their supply and in this way when reward supply cut off then demand of Bitcoin increase too much and Bullish trend promote not only in Bitcoin but also in all the cryptocurrencies and overall market because Bitcoin is the king of all cryptocurrencies and even a small impact at this coin can result in a lot of fluctuations and variations in the prices of all the cryptocurrencies.

Previously BTC halvings takriplace in 2012,2016 and 2020 and there were some of the very interesting market trains that everyone see and in both years 2012 and 2016 price of Bitcoin increases substantially in different months and it remains after several years following the event and there were combination of factors that was involved behind it that includes reduction in the supply and increase in the demand of bitcoin.

Now there is we are living in 2024 and in this year again this event would have to take place in the month of April and definitely in April there is a high supplied demand imbalance going to occur that would move the price pressure upward. If there would be an increase in the adoption of cryptocurrencies and increase in the interest of investors in the contribution of their investment in cryptocurrencies and overall market then trained could be more bullish definitely.

Trends in cryptocurrency can be expected predicted but they can not be guaranteed because they are highly fluctuating as they are influenced by global economic conditions different kind of regular changes and investor sentiment majorly that is there any investor want to invest or not but historical trends provides some of the very positive insights so we should hope for the best for the year 2024.

If we really want to understand about market train or bullish trend after this event in 2024 then we should make more detailed research by keeping in mind both the technical and fundamental indicators as well as by keeping an eye on the latest updates that are circulating and we should make sure that news or updates that we are reading should be from the authentic source.

Bullish trend is related to positivity in the market so what are the effects that we can gain after bullish trend I am going to explain.

• If there is bullish drank then it is very potential for making profits because at that time as prices pumps so it means that all the investors and all the people who have by a particular currency before now they can sell it at high rate and they can make certain profits.

• During this time there is always development of positive sentiment in overall market and that's why it tends to boost the confidence and trust of investors at cryptocurrency and they attract towards cryptocurrency of their choice and when optimism creates in between investors then it adds more in price and you can say that it acts like a booster.

• During these times there is also development in the economy and economy grows because when prices of cryptocurrencies get high then it make feel everyone more wealthier which leads to increase in spending and investment and develops opportunities for expanding another business of their own choice.

• During these times opportunities of investment and innovation becomes more brightened because when price get high then companies also have more reach to the capital so it permits them to invest in different researches as well as in different technologies that are new and expansion plans.