The cryptocurrency world is about to usher in a major event: Bitcoin output is halved.
There are only 9 days left before the estimated time of halving. If you are a newcomer to the cryptocurrency world, you may not understand what halving means.
Halving is a mechanism to control the supply of tokens. Not only Bitcoin, but many tokens on blockchains based on POW consensus have similar halving mechanisms for their output. Even the issued tokens have derived the rules of halving release.
Looking back at history, every time Bitcoin experiences halving, its price will soar and set a new high within half a year to a year. In addition, the core of the crypto market is Bitcoin. It can be said that except Bitcoin, all others are altcoins. Therefore, the halving of Bitcoin is closely related to the alternation of bull and bear markets in the entire crypto market.
Bitcoin has experienced three halvings in history:
After the first halving, the highest increase in half a year: +2022%;
After the second halving, the highest increase in half a year: +76%;
After the third halving, the highest increase in half a year: +81%.
It is said that the bull market from 2024 to 2025 is the last bull market in the currency circle. The entry of big capital has made the prices of most coins no longer fluctuate wildly, and many coins have entered an era of high control. If you don't seize the opportunity this time, you may never wait for the next opportunity to turn around.
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