Critical moment in the cryptocurrency circle: Bitcoin halving is coming
There are only 9 days left before the Bitcoin halving. For newcomers in the cryptocurrency circle, the halving mechanism may not be well understood.
However, halving is not only a mechanism for regulating the supply of digital currency unique to Bitcoin, but many other blockchains that adopt the POW consensus mechanism also have similar halving rules.
Historical data show that after each Bitcoin halving, its price has risen rapidly within 6-12 months and set a record high.
Therefore, the halving event is closely related to the bull market in the cryptocurrency market, and it has tangible benefits for most players.
There have been three halving events in the past, and this time will be the fourth.
Looking back at historical data, the highest increase in half a year after the first halving reached +2022.26%, the second was +75.70%, and the third was +81.37%.
Therefore, the current moment is a moment of looking forward to repeating the glory of history.
At this critical moment, we all look forward to the Bitcoin halving event to create a historic performance again and lead the cryptocurrency market to new heights.
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