BCH halving completed. Can BTC follow suit? ?

Bitcoin Cash BCH has completed its production reduction in the early morning. After this BCH halving, the block reward will change from 6.25 BCH to 3.125 BCH. At present, there are about 16 days before Bitcoin halving and 55 days before ETC halving. Can the upcoming halving of Bitcoin learn from the price of BCH?

Although BCH is known to be slow in development, single in innovation, and its value support has been criticized by investors, as the first actor to appear in the halving, the price will not lie. Data shows that on April 1, the price of BCH reached 705 US dollars, reaching a new high this year, and also made the increase this year reach 309%, which has tripled from 210 US dollars at the beginning of the year.

Technically speaking, BCH's halving mechanism is consistent with Bitcoin, but BCH has modified Bitcoin's difficulty adjustment algorithm, which can dynamically adjust the difficulty more quickly to stabilize the block time. This difference in algorithm leads to the difference in halving time between BCH and BTC. The last halving of BCH happened exactly at the same time as the Bitcoin mainnet, but this halving happened about 20 days earlier than the Bitcoin mainnet. #bch

However, many people are worried that the so-called collapse after the halving is actually not reflected in today's BCH price. Instead, it is the one with the fastest rebound and the highest increase among the altcoins, so the so-called good news has become bad news.

Logically and empirically, the halving of BCH is of reference significance to BTC. 2024 is regarded as the year of halving, and this series of halving events has an important cyclical symbolic role in the development history of Bitcoin and even cryptocurrencies.

Of course, due to the particularity of the Bitcoin ETF in 2024, it will also be difficult to see a tenfold increase compared to the previous one, but it must be said that the recent low price is indeed the best time to lay out. $BTC $BCH $ETC