Bitcoin Price Consolidates Below $10,000 After Halving: What’s Next?

The halving event has concluded, leading to a gradual decline in the surrounding excitement and fear of missing out (FOMO). The price of Bitcoin (BTC), the leading cryptocurrency by market capitalization, surged toward $10,000 before the halving, but also experienced a significant 15% decline leading up to the event.

Many analysts anticipated a drop in price following the halving; however, the price actually recovered, climbing from $8,400 to $10,000. What can we expect for Bitcoin’s price in the near future?