BlockNews
FOLLOW ON X
  • BITCOIN
  • CRYPTO
    • ETHEREUM
    • RIPPLE XRP
    • SOLANA
    • CARDANO
    • BINANCE BNB
    • DOGECOIN
    • TRON
    • SUI
    • CHAINLINK
    • LITECOIN
  • FINANCE
  • POLITICS
  • MEMECOINS
  • NFT
  • OPINION
No Result
View All Result
BlockNews
  • BITCOIN
  • CRYPTO
    • ETHEREUM
    • RIPPLE XRP
    • SOLANA
    • CARDANO
    • BINANCE BNB
    • DOGECOIN
    • TRON
    • SUI
    • CHAINLINK
    • LITECOIN
  • FINANCE
  • POLITICS
  • MEMECOINS
  • NFT
  • OPINION
No Result
View All Result
BlockNews
Home CRYPTO

Bitcoin Could See Major Selling Pressure Post Halving and Here is Why

Michael Juanico by Michael Juanico
April 16, 2024
in CRYPTO, OPINION
Reading Time: 3 mins read
2
SHARES
32
VIEWS
Share on XShare in TelegramShare on Reddit
  • The upcoming Bitcoin halving event is expected to follow the pattern of buy-the-rumor, sell-the-news, according to the Crypto.com CEO.
  • While there will be selling pressure initially, the long-term impact of the halving will be positive on Bitcoin’s price.
  • Industry experts have mixed opinions on the impact of the halving, with some anticipating a substantial rally post-halving, while others expect negative price action before and after the event.

The Bitcoin halving has historically been followed by significant bull runs. However, some experts are cautious about anticipating a major price surge this time. There are a few key factors that could dampen bullish momentum around the 2024 halving.

NEW: #Bitcoin will likely see immediate selling pressure after the halving. state @cryptocom CEO @kris

Although boosting $BTC price in the long term

— BlockNews.com (@blocknewsdotcom) April 16, 2024

Short-Term Selling Pressure

Leading up to the halving, there is expected to be selling pressure in the market as traders take profits. Cryptocom CEO Kris Marszalek predicts traders will “buy the rumor, sell the news” around the event itself. This means hype building up to the halving may not translate into a sustained price increase right after. The timing in April could also contribute to selling activity.

Miners Preparedness

Many miners have been accumulating BTC and upgrading equipment ahead of the halving. This preparation could reduce the impact on the Bitcoin supply rate. Marathon CEO Fred Thiel believes the halving may already be priced into the market to some extent. However, the computational difficulty for miners will still double overnight.

Cautious Industry Outlook

Some industry leaders like Arthur Hayes are cautious about excessive bullishness. Coinbase has similarly warned traders not to rely too heavily on the typical post-halving price appreciation. The unpredictable macro environment makes the halving impact uncertain.

Long-Term Positive Effects

Despite short-term uncertainties, most experts remain optimistic about Bitcoin’s price potential in the 6 months following the halving. Kris Marszalek expects “pretty decent action” during this period. The reduced BTC supply rate will likely have a positive effect long-term.

Conclusion

While the Bitcoin halving may not immediately trigger a major bull run, the event will likely support more sustainable, long-term growth. The halving remains a significant milestone for Bitcoin that highlights the assets fixed supply. Even if short-term selling materializes, the halving will reinforce Bitcoin’s deflationary nature and role as a store of value over the long run.

Disclaimer: BlockNews provides independent reporting on crypto, blockchain, and digital finance. All content is for informational purposes only and does not constitute financial advice. Readers should do their own research before making investment decisions. Some articles may use AI tools to assist in drafting, but every piece is reviewed and edited by our editorial team of experienced crypto writers and analysts before publication.
Tags: Bitcoin Halvingbull runCoinbaseCryptocomKris Marszalek
Tweet1ShareShare
Michael Juanico

Michael Juanico

Michael is a BSBA Management graduate from Mindanao State University and has been a professional content writer since 2019. He began exploring cryptocurrency in 2021 and has since made blockchain and digital assets his primary focus. For nearly four years, Michael has contributed research and editorial content at Aiur Labs and BlockNews, producing clear and accessible coverage of market trends, trading strategies, and project developments. He is transparent about his personal holdings in Bitcoin, TRON, and select meme tokens, combining writing expertise with hands-on market experience to deliver trustworthy insights to readers.

DON'T MISS THESE! HOT OFF THE PRESS

Here is What Aave’s CEO Just Revealed About the Q4 2025 Upgrade
CRYPTO

Here is What Aave’s CEO Just Revealed About the Q4 2025 Upgrade

September 17, 2025
How to Go From Zero to Your First Profitable Trade in Crypto (2025)
BITCOIN

How to Go From Zero to Your First Profitable Trade in Crypto (2025)

September 17, 2025
What Happened in Crypto Today? – September 17: Fed Interest Rate Decision, Bullish DOGE and LINK News
CHAINLINK

What Happened in Crypto Today? – September 17: Fed Interest Rate Decision, Bullish DOGE and LINK News

September 17, 2025
Jerome Powell October Rate Decision Outlook: What to Expect and How it Will Effect You
FINANCE

Jerome Powell October Rate Decision Outlook: What to Expect and How it Will Effect You

September 17, 2025
What is Arbitrum? Why ARB is an Underpriced Crypto Gem Hiding in Plain Sight
CRYPTO

What is Arbitrum? Why ARB is an Underpriced Crypto Gem Hiding in Plain Sight

September 17, 2025
Here is Why Experts Predict a 40X Rally for Pepe Coin After $25M Whale Outflow
CRYPTO

Here is Why Experts Predict a 40X Rally for Pepe Coin After $25M Whale Outflow

September 17, 2025
Load More

Related News

Here is What Aave’s CEO Just Revealed About the Q4 2025 Upgrade

Here is What Aave’s CEO Just Revealed About the Q4 2025 Upgrade

September 17, 2025
How to Go From Zero to Your First Profitable Trade in Crypto (2025)

How to Go From Zero to Your First Profitable Trade in Crypto (2025)

September 17, 2025
What Happened in Crypto Today? – September 17: Fed Interest Rate Decision, Bullish DOGE and LINK News

What Happened in Crypto Today? – September 17: Fed Interest Rate Decision, Bullish DOGE and LINK News

September 17, 2025
Jerome Powell October Rate Decision Outlook: What to Expect and How it Will Effect You

Jerome Powell October Rate Decision Outlook: What to Expect and How it Will Effect You

September 17, 2025
What is Arbitrum? Why ARB is an Underpriced Crypto Gem Hiding in Plain Sight

What is Arbitrum? Why ARB is an Underpriced Crypto Gem Hiding in Plain Sight

September 17, 2025
Twitter Telegram Threads

BLOCKNEWS.COM

BlockNews is your premier source for real-time cryptocurrency, blockchain, political and financial market news.

Stay ahead of the herd with BlockNews

RESOURCES

  • About Us
  • Contact Us
  • Editorial Policies
  • Terms and Conditions
  • Privacy Policy
  • Sitemap

DISCLOSURES AND POLICIES

BlockNews provides independent reporting on crypto, blockchain, and digital finance. Content is for informational purposes only and does not constitute financial advice. Sponsored material is always disclosed. By using this site, you agree to our Terms and Conditions and Privacy Policy.

© 2025 BlockNews

No Result
View All Result
  • HOME
  • BITCOIN
  • CRYPTO
    • ETHEREUM
    • RIPPLE XRP
    • SOLANA
    • CARDANO
    • BINANCE BNB
    • DOGECOIN
    • TRON
    • LITECOIN
    • CHAINLINK
    • SUI
  • MEMECOINS
  • POLITICS
  • FINANCE
  • NFT
  • DEFI
  • GUIDES

© 2025 BlockNews