Li Qiwei: BTC halving may follow the same model as LTC

Litecoin founder Charlie Lee said in an interview that Bitcoin halving BTC may follow the same model as Litecoin. He explained that the price of Litecoin rose a lot last year before halving, but fell after halving. Investors buy because they think the price will rise and they will sell after halving. Li Qiwei believes that Bitcoin may follow the same pattern. The price of Bitcoin has been fluctuating in the past few weeks, but it can be seen that the price of BTC is indeed picking up.