MultiversX Tracker is Live!

I analyzed the Last 3 Bitcoin halvings here's what I think will happen after the 2024 halving

All Cryptocurrencies

by COINS NEWS 95 Views

Hi

If you've never experienced a Bitcoin halving before, or if you have but are unsure what to expect, I've done a bit of research based on the last halvings. Here's what i have.

The halving occurs every four years, cutting the reward for mining new blocks in half. The next halving will reduce rewards from 6.25 to 3.125 BTC.

Historical Price Impacts:

  • 2012 Halving: Bitcoin's price surged approximately 9308% in 13 months.
  • 2016 Halving: Saw a 2861% increase over 17 months.
  • 2020 Halving: Resulted in a 620% increase in 11 months.

Based on some napkin math the BTC can reach a 162% price increase post-halving, with the peak expected around 420 days (14 months).

inb4 no one knows shit about anything. It's a probability game.

What's your take.

here's the article and i also made a video version you can watch.

submitted by /u/xtarsy
[link] [comments]
Get BONUS $200 for FREE!

You can get bonuses upto $100 FREE BONUS when you:
πŸ’° Install these recommended apps:
πŸ’² SocialGood - 100% Crypto Back on Everyday Shopping
πŸ’² xPortal - The DeFi For The Next Billion
πŸ’² CryptoTab Browser - Lightweight, fast, and ready to mine!
πŸ’° Register on these recommended exchanges:
🟑 Binance🟑 Bitfinex🟑 Bitmart🟑 Bittrex🟑 Bitget
🟑 CoinEx🟑 Crypto.com🟑 Gate.io🟑 Huobi🟑 Kucoin.



Comments