$BTC The most important event in the cryptocurrency circle
There are only 9 days left before the Bitcoin halving. Maybe many novice players in the cryptocurrency circle don’t know what halving means?
Halving is a common mechanism for regulating the supply of digital currencies. In addition to Bitcoin, many other blockchains that use the POW consensus mechanism have a halving mechanism similar to Bitcoin.
In history, after each halving of Bitcoin, the price has risen rapidly in 6-12 months and reached a historical high. Therefore, the halving event is closely related to the bull market in the cryptocurrency market.
Here we only talk about the significance related to the vital interests of most players.
There have been 3 halvings in history, and this is the 4th time.
The first halving, the highest increase in the second half of the year: +2022.26%
The second halving, the highest increase in the second half of the year: +75.70%
The third halving, the highest increase in the second half of the year: +81.37%
So now it is just a matter of trying to find a sword, hoping to replicate the history of the first three times
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