good

#HotTrends #Halving Bitcoin was born with the aim of being an anti-inflationary currency, the control of currency issuance by central banks, and in turn the obvious weight of governments on these. bodies, makes any self-respecting currency doomed to inflation. Not so with Bitcoin. There is a limited supply of 21 million BTC, which prevents inflation since there is no more money supply. But what happens if those 21 million coins are issued too quickly? Well, that's precisely what Halving is for. Through this process, the network itself regulates the issuance of new coins, each time halving the value that is currently in effect. This means that there will be less mining and therefore a shortage of BTC, raising its price,

Finally if we apply the statistics of the 3 halving performed so far, we can see the following:

halving in 2012 November 28, 2012. On that occasion the BTC price closed at $12.40. One year later, on November 28, 2013, the coin was trading at $1,101.40. The increase in one year was 8,782%:

it halved in 2016, on July 9 of that year, BTC was trading at $651.8 and a year later, the price of BTC was comfortably settled at $2,511.40. This means that the price of Bitcoin rose by 285.30%.

 

Last halved on May 11, 2020, BTC price of $ 8579.80. one year later, it would reach $ 56,695. Therefore, the revaluation that we will find will be 560%.

Is it the right time to invest?

Definitely yes, it is my personal opinion and the sentiment of many experts for investors, analysts expect the biggest gains to occur after the event every halving has proven to be a solid point to enter the market. 150 to 400 days after halving tends to be the optimal time where the cumulative effects of moderate selling pressure from miners positively impacts the direction of BTC.

The bitcoin price by year-end could reach around $80,000 to $85,000 in the worst-case scenario and $120,000 to $130,000 in the bull case,