2015: Very low, less than 0.10$ 2016: Approximately $1 - $2 2017: Around $300 2018: Roughly $200 2019: About $190 2020: Around $375 2021: Approximately $3,500 2022: Roughly $1,600 2023: Approximately $1,611 2024: Around $2,410
The Magic of Bitcoin Halving and how It Affects Prices and What Investors Think
Bitcoin halving is a special event in the world of cryptocurrency. It does happen around every four years and has a big impact on how much Bitcoin is made and how people feel about investing in it. Let's talk about why this matters, especially as we get closer to the 2024 halving.
So, what is Bitcoin halving exactly? Well, imagine Bitcoin as a treasure or virtual gold that miners find by solving complex puzzles. When they find this treasure, they get rewarded with new Bitcoin. But every four years, this reward gets cut in half. In 2024, miners will get half the Bitcoin they used to for finding a new block before April 2024.
Now, why does this affect prices? It's like having a limited edition of toy – when there's less of it, people want it more and more. The same goes for Bitcoin. Less Bitcoin being made means it becomes more valuable. That's why, in the past, Bitcoin prices have gone up after each halving. This Bitcoin halving is so special because the price of Bitcoin has crossed its previous all-time high of $69K even before halving. It has happened because of Bitcoin ETF and institutional buying of BTC. Lets evaluate the value of bitcoin in every halving day. In November 2012, it was at $12, in July 2016 its price was at $664, in May 2020 the price was at $8600. It went $69000 from $8600. Surprisingly before the halving of April 2024 it has made new all-time high of $73800.
This event also affects how investors feel about Bitcoin. Before the halving, people get excited. They think the price will go up, so they want to buy more. After the halving, they feel more confident in Bitcoin's future. They see it as a good investment because there's less of it around.
So, as we get ready for the 2024 halving, it's good to understand how it works and why it matters. Just remember, while halving can be exciting, it's smart to keep an eye on what's happening in the big picture of cryptocurrency. $BTC #HotTrends #Halving #HalvingHorizons #Binance #BitcoinHalvingMagic
The price of Ethereum on Every December 1st2015: ~$0.90 2016: ~$8.19 2017: ~$458.89 2018: ~$112.58 2019: ~$151.12 2020: ~$616.35 2021: ~$4,585.53 2022: ~$1,270.96 2023: ~$2,125.822024: ~$??? A journey from under $1 to over $4.5k—how high will ETH go next? 🚀 What would be the price on 1st Dec 2024?#Ethereum #cryptocurrency #Altseason2024 $ETH
How many new millionaires will be in 2025? $5,000 investments that are worth +$1 million: $ChillGuy: 11 days ago $GOAT: 45 days ago $MOG: 9 months ago $Pepe: 18 months ago $Doge: 4 yrs ago $BTC: 9 yrs ago Nvidia: 10 yrs ago Tesla: 14 yrs ago Netflix: 16 yrs ago Apple: 20 yrs ago Amazon: 22 yrs ago Starbucks: 32 yrs ago Microsoft: 33 yrs ago Costco: 35 yrs ago Nike: 37 yrs ago Walmart: 40 yrs ago Disney: 50 yrs ago#Crypto #memecoin #altseason #Millionaire
ChillGuy going Higher to 1$ $CHILLGUY just faced a massive long liquidation of $13.37K at $0.44099! 🚨 Now taking the upside flight and currently trading at $0.48 facing huge resistant at $0.50. Apump in Solana can take it to 1$ The sudden drop has shaken traders, leaving $CHILLGUY at a critical juncture. Will it find support here, or is a further slide incoming? Stay sharp—volatility is high! 📉⚡ #CryptoAlert #CHILLGUY #CryptoNews $CHILLGUY #Write2Earn!
The Biggest #AltSeason Alert $BTC dominance: 57.1%and peaking. Liquidity is set to flow into alts! Notable movers $ALGO +41%$XRP +17%$ACT +54% Time to diversify your portfolio? #Altcoins #CryptoTrading #Altseason2025 #Write2Earn!
If $BTC hits $105K, it’ll overtake Google in market cap! 🚀 A remarkable sign of how quickly the digital asset world is transforming. 🌍💡 #Bitcoin #Crypto #MacroInsights #Write2Earn!
Bitcoin Momentum $BTC is bouncing off the ascending wedge's support trendline. 🚀 ✅ Holding above the 21MA & 50MA: Bullish signals! ❗️ If support breaks, a correction could follow. 💹 Keep an eye on the charts as #Bitcoin nears $98K. #CryptoCharts #Bullrun2025 #bitcoin☀️ #Write2Earn!
Trending Coins Today 🔥 Top trending: $BTC $ETH $XRP $SOL $PEPE $DOGE $WLD $FET $SXCH 💬 Which of these are you trading? #CryptoTrending #Altcoins #CryptoNews #Write2Earn!
Liquidation Update In the last 24h:81,542 traders liquidatedTotal: $189.36M Longs: $104.41M | Shorts: $84.95M Trade smart: Use stop-losses and monitor the trend! #CryptoLiquidationScale #TradingTips #BTCUSDT #Write2Earn!
#BTC Price Analysis 🚀🔥 November stands out as the 2nd best month for Bitcoin in 2024!As December begins, all eyes are on $BTC . Will the green streak continue or will we see a correction? #Bitcoin #CryptoTrading #BTCUpdate #Write2Earn! $BTC
Total Crypto Market Cap: $3.34T, Up 0.55% Fear & Greed: 83/100 #Bitcoin price trades around $96,212 Up 0.50% BTC Dominance 57.1% #Ethereum price trades around $3568 Down 0.96% ETH Dominance 12.9%
🔸Top Gainers among top 500 $AI6Z $VIRTUAL $ZEREBRO $SPEC $ACT $ALI $MAF $AITECH $SCRT $ALGO
🔸Top Losers among top 500 $LKY $CHILLGUY $THE $TOSHI $DEEP $CFG $SSV $LQTV $CETUS $TIA $SCR
BTC Price: $BTC is bouncing off the support trendline of an ascending broadening wedge, holding above the 21MA and 50MA.This signals strong support and potential bullish momentum. Watch for a break below the trendline—it could spark a correction. Eyes on the charts. The crypto market is gaining momentum as BTC$BTC nears $97,000. $XRP jumps 7% on positive lawsuit updates, and $ALGO delivers a notable 25% gain. The biggest #altseason in history is just about to start. $BTC dominance has peaked and liquidity will flow to alts soon
We can see a pump in ETH and other altcoins. So enjoy the ride in altcoins.
In This week, $Lumia $SCR $GRASS $GOAT $JUP $TURBO $FET $SAND $ENS $LDO $AXS $GALA $SEI can make you rich. Enjoy the bull run, Don’t do short in this time. In the past 24 hours , 81,542 traders were liquidated , the total liquidations comes in at $189.36 million, Long $104.41M, Short $84.95M. Let’s keep an eye on the charts and trade smartly! #MarketBuyOrHold? #Write2Earn!
@majoroftelegram coin is listing soon! 🎉 How many Coins did you get in the airdrop? 💰 Drop your numbers below and let’s see who’s stacking big! 🤑📈 #CryptoListing #AirdropRewards #CryptoCommunity #MAJORListBitget #MAJOR
💎 Altcoin Picks for the Week $Lumia $SCR $GRASS $GOAT $JUP $TURBO $FET $SAND $ENS $LDO $AXS $GALA $SEI These coins could make you rich. Don’t miss the bull ride! 🚀 #Altcoins #CryptoGems #CryptoMarket #altseason2025 #Write2Earn!
Market Liquidations in the Last 24 Hrs: Total: $286.54MLongs: $149.21MShorts: $137.27M 96,099 traders liquidated. Stay sharp and manage your risk! #CryptoTrading #MarketUpdate #Liquidations #Write2Earn!