Bitcoin has experienced three halvings since its inception in 2009, all of which triggered significant price increases.

The first halving, the profit is 8000%

The first halving occurred on November 28, 2012, when the block reward was reduced from 50 BTC to 25 BTC. Bitcoin’s price subsequently surged from around $12 to over $1,000 within a year, an impressive gain of 8,000%.

Second halving, 3,000% gain

After the second halving on July 9, 2016, which reduced the block reward from 25 BTC to 12.5 BTC, the price of Bitcoin soared from $660 to over $17,000 in 1.5 years, a gain of 3,000%.

The third halving, the profit is 800%

The third halving took place on May 11, 2020, with the block reward further reduced from 12.5 BTC to 6.25 BTC. Bitcoin’s price surged 800% from about $8,600 to over $67,000 in one year.

What is the fourth halving?

Now, as the fourth halving approaches, expectations are high among cryptocurrency enthusiasts and investors. With the block reward halving from 6.25 BTC to 3.125 BTC, market dynamics are expected to change again. However, the unique maturity of today’s cryptocurrency market adds an element of unpredictability.

What impact will the halving have?

Despite the uncertainty, expectations are growing for Bitcoin’s post-halving performance and its knock-on effects on other cryptocurrencies. The reduction in new Bitcoin issuance from the current 1,800 Bitcoins per day to about 900 Bitcoins is expected to create a scarcity of supply that could drive up demand and prices. #Meme #BTC

If you don't know how to screen strong coins, then I suggest you follow me. Whether it is spot or Heyue, a small move may be your limit. The opportunity is very short, so you must seize it! Success does not depend on luck, choice is greater than hard work, and the circle determines your destiny. In addition to having a sharp eye to save time and measure the situation in the currency circle, you must also keep up with a good team and a good leader. Follow me and you will have already won half the battle in the currency circle. !$BTC