Today is memorable for people in the industry, because Bitcoin is about to usher in the fourth halving cycle in history today. Many people know what this means. Looking back at history, the first three rounds of Bitcoin halving have created a bull market cycle. After this halving, the block reward will drop from 6.25 to 3.125. Under the same computing power, the reward mined is directly halved, but the demand side remains unchanged, and the supply is directly halved. This is also the root of the bull market. After the halving, the average comprehensive cost of mining machines is about 40,000 dollars.

With the fourth halving, Brother Ming has officially entered the third cycle. It has not been easy along the way. From the initial ignorance to now writing about the past experience to share with you, it is a magical experience. Whether the bull market will continue after the halving, I believe this is what everyone cares about.

CZ said: Based on the experience of the previous three halving events, the price will not double overnight after the halving. However, within a year after the halving, the price of Bitcoin will set a record high many times.

Coinbase: Bitcoin halving may have a positive impact on prices, but there is still some speculation.

Founder of Skybridge Capital: According to his experience and analysis, the peak of Bitcoin prices will occur about 18 months after the halving event in April. He predicts that the "cycle top" of Bitcoin prices may be equivalent to four times the price at the time of halving

Different voices:

JPMorgan Chase analyst: BTC is currently in an overbought stage, and the price may not rise after Bitcoin halving. At the same time, analysts believe that the lack of venture capital funds in the crypto field will also lead to a decline in value.

Deutsche Bank: Bitcoin halving has been partially priced in, and it is unlikely to rebound sharply in the future. It is a very classic old-school stubbornness, even though Bitcoin has used the previous three rounds to prove it. It still can't change these people's views.

Brother Ming believes that it is not that complicated. If you believe in the famous saying that human nature does not change and the Federal Reserve will cut interest rates, then that's enough. The rest is nothing more than continuing to choose to believe in Bitcoin's fourth cycle. #比特币减半 #大盘走势