One of the famous names in the crypto world, Samson Mow, said that the crypto market could accelerate after the halving.
In his post dated April 16, Samson Mow commented on the current state of the crypto market. He mentioned that people are currently waiting for the halving and feeling insecure during these times. He implied that people who are afraid of extreme conditions during the halving might flock to the market after April 20.
However, Mow also noted that there will be a supply shock after the halving, which will create a serious buying pressure. Additionally, he pointed out that spot Bitcoin and Ethereum ETFs approved by Hong Kong could have a significant impact by the end of April.
Mow also stated that the only asset affected by the Iran-Israel tension over the weekend was the crypto market, because only cryptocurrencies are traded over the weekend.
The fear of war triggered risk-taking over the weekend, with Bitcoin being the only asset traded globally on weekends. The TradFi markets had to experience some panic today. All of these are extreme reactions and will soon disappear. Then the Omega time will come.
