Halving #1
The first halving occurred on November 28, 2012, and reduced the block reward to 25 BTC from 50 BTC.
Price at time of halving: $13
Following year’s peak: $1,152
Halving #2
The second halving occurred on July 16, 2016, and reduced the block reward to 12.5 BTC.
Price at time of halving: $664
Following year’s peak: $17,760
Halving #3
The third halving occurred on May 11, 2020, and reduced the block reward to 6.25 BTC.
Price at time of halving: $9,734
Following year’s peak: $67,549
Here are some Bitcoin halving 2024 price predictions from veterans in the space.
CoinCodex sees a BTC price peak above $170,000 in August 2025 before a retracement to levels near $95,000 - $100,000.
BitQuant believes there will be a new all-time high sometime during the pre-halving rally, with the post-halving peak seeing prices over $250,000.
Popular analyst CryptoCon sees a new high of around $130,000 about 4 years after the previous high, or sometime around November 2025.
Marshall Beard of Gemini threw out the “$100,000 price figure” given BTC reaches its previous high of $69,000.
What dou you think Bitcoin is most likely to hit first?
a. $44.000,00📉
b. $52.000,00📈
Share your thoughts!
#BTCHALVING #DYOR🟢. #bullmarket
