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Agree with you something is weird with alts
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#BB My new indicator (oscillator), based on market structure shifts and breaks suggests a higher bearish probability
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#BTTC Possible Outcomes of BitTorrent Halving on Its Price The halving event can have several possible outcomes on BitTorrent's price: Increased Scarcity: If the halving successfully reduces the rate at which new BTT tokens are created, the reduced supply might lead to increased scarcity. If demand remains constant or grows, this could lead to a price increase. Market Anticipation: Leading up to the halving event, there might be increased speculation and buying activity, as investors anticipate a price rise post-halving. This speculative activity can drive up the price in the short term. Network Effects: If the halving is accompanied by increased utility or adoption of the BitTorrent network and its services, the price of BTT might rise due to the perceived increase in the token's intrinsic value. Post-Halving Correction: In some cases, after the initial price surge due to speculation and anticipation, there might be a correction where the price stabilizes or even drops. This is because the actual impact of halving on supply might take time to materialize, and short-term traders might sell off their holdings. Impact on Network Participants: If the rewards for network participants are significantly reduced, it might affect their participation levels. A decrease in participation could impact the network's performance and, in turn, the value of the token.
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Is it worth investing in Beta Finance #BETA
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