On Friday, April 26, bitcoin was trading near the level at which the fourth halving of BTC occurred. At the time of writing, its exchange rate was $64,141.

According to the hourly chart of bitcoin, despite several pessimistic forecasts, the cryptocurrency exchange rate has not experienced a significant correction after halving. However, some members of the crypto community still expect a possible decline in the BTC exchange rate.

Analysts from 10x Research suggest that the sales may be initiated by miners. A halving of miners' income after halving, while maintaining the same expenses, in their opinion, could lead to the sale of bitcoins worth up to $ 5 billion.

The potential need for bitcoin sales by miners may be mitigated by the launch of the Runes protocol, which has led to record transaction fees on the BTC network of up to $128. According to the latest data, network commissions have returned to pre-halving levels, which reduces additional income for miners and increases the likelihood of the scenario proposed by 10x Research.

Bitcoin forecasts from members of the crypto community:

Some representatives of the cryptocurrency industry believe that the lack of correction after halving does not exclude a possible decline in the BTC exchange rate to local lows. For example, the popular cryptanalyst il Capo Of Crypto expects a 10-20% drop in the near future.

Trader Rekt Capital also sees prospects for a decline in the BTC exchange rate and suggests that the cryptocurrency may repeat the correction scenario observed in 2016.

On the other hand, economist Mikybull Crypto sees the potential for further bitcoin growth. This optimistic forecast is supported by AltstreetBet trader, who believes that BTC will reach a new absolute maximum above $80,000 in May.

The forecast is made by a bolder trader CaptToblerone, who assumes that in May the bitcoin exchange rate will break the $100,000 mark.

Crypto investor Scott Melker also believes that BTC has the potential to grow in the near future. He explains his point of view by the peculiarities of the behavior of participants in the crypto community. According to his observations, bitcoin often begins to grow at times when pessimistic moods reign in the market.

This forecast is supported by trader "Coosh" Alemzadeh, who also expects an uptrend of bitcoin in the near future and predicts that by the end of the month the BTC rate will rise above the level of $ 70 thousand.