BitcoinHalvingEvent
290,217 vues
80 Publications
Tendance
Récents
Next bull run will be before January 2026.
According to a person who predicted the previous and future share market and crypto market. The next bull run will be mostly in 2025 according to him. It means we can expect anytime before 2026 Jan. Better to invest now and wait for 2 years. Not to get disappointed by thinking 2024 as bull run. We should expect before 2026 and Focus on the standard coins more than meme coins. We should focus more on the TOP 10 coins instead of focusing more on meme coins. 5-10% of portfolio only we can keep meme coins.
$BTC $ETH $BNB
#BitcoinHalvingEvent #BitcoinPrice2024 #binancerewards
According to a person who predicted the previous and future share market and crypto market. The next bull run will be mostly in 2025 according to him. It means we can expect anytime before 2026 Jan. Better to invest now and wait for 2 years. Not to get disappointed by thinking 2024 as bull run. We should expect before 2026 and Focus on the standard coins more than meme coins. We should focus more on the TOP 10 coins instead of focusing more on meme coins. 5-10% of portfolio only we can keep meme coins.
$BTC $ETH $BNB
#BitcoinHalvingEvent #BitcoinPrice2024 #binancerewards
interesting facts about #BitcoinHalvingEvent
LIVE
Crypto PM
--
Haussier
5 Phases of The Bitcoin Halving
1. Pre-Halving Downside
The Pre-Halving Downside phase is officially over
It ended with this week's new Weekly Candle Close
Bitcoin has now officially transitioned into the Pre Halving Rally phase
2. Pre-Halving Rally
Approximately 63 days remain until the Bitcoin Halving in April 2024
And ~60 days before the Halving, a Pre-Halving rally tends to occur (light blue)
With the recent Bitcoin breakout, it appears Bitcoin is even slightly ahead of schedule
In anticipation of the Halving, investors "Buy the Hype" in an effort to "Sell the News"
Short-term traders and speculators "Buy The Hype" several weeks before the Halving in anticipation of making a profit from this hype-fuelled rally
Then these speculators "Sell The News" to realise that profit, contributing to a Pre-Halving retrace which occurs only a handful of weeks before the Halving event itself
3. Pre-Halving Retrace
After the Pre-Halving Rally has concluded...
A Pre-Halving retrace tends to occur a couple of weeks before the Halving event itself (dark blue circle)
In 2016, this Pre-Halving retrace was -38% deep
In 2020, this Pre-Halving retrace was -20% deep
This Pre-Halving retrace can last multiple weeks, making investors question whether the Halving was a bullish catalyst on price after all
4. Re-Accumulation
The Pre-Halving retrace is followed by multi-month re-accumulation (red)
This period can last up to 150 days (i.e 5 months)
Many investors get shaken-out in this stage due to boredom, impatience, and disappointment with lack of major results in their BTC investment in the immediate aftermath of the Halving
5. Parabolic Uptrend
Once Bitcoin breaks out from the re-accumulation area breakout into the parabolic uptrend (green)
It is during this phase Bitcoin experiences accelerated growth on its way to new All Time Highs
SOURCE: REKT CAPITAL ON X
$BTC
#Crypto #Bitcoin #bitcoinhalving
1. Pre-Halving Downside
The Pre-Halving Downside phase is officially over
It ended with this week's new Weekly Candle Close
Bitcoin has now officially transitioned into the Pre Halving Rally phase
2. Pre-Halving Rally
Approximately 63 days remain until the Bitcoin Halving in April 2024
And ~60 days before the Halving, a Pre-Halving rally tends to occur (light blue)
With the recent Bitcoin breakout, it appears Bitcoin is even slightly ahead of schedule
In anticipation of the Halving, investors "Buy the Hype" in an effort to "Sell the News"
Short-term traders and speculators "Buy The Hype" several weeks before the Halving in anticipation of making a profit from this hype-fuelled rally
Then these speculators "Sell The News" to realise that profit, contributing to a Pre-Halving retrace which occurs only a handful of weeks before the Halving event itself
3. Pre-Halving Retrace
After the Pre-Halving Rally has concluded...
A Pre-Halving retrace tends to occur a couple of weeks before the Halving event itself (dark blue circle)
In 2016, this Pre-Halving retrace was -38% deep
In 2020, this Pre-Halving retrace was -20% deep
This Pre-Halving retrace can last multiple weeks, making investors question whether the Halving was a bullish catalyst on price after all
4. Re-Accumulation
The Pre-Halving retrace is followed by multi-month re-accumulation (red)
This period can last up to 150 days (i.e 5 months)
Many investors get shaken-out in this stage due to boredom, impatience, and disappointment with lack of major results in their BTC investment in the immediate aftermath of the Halving
5. Parabolic Uptrend
Once Bitcoin breaks out from the re-accumulation area breakout into the parabolic uptrend (green)
It is during this phase Bitcoin experiences accelerated growth on its way to new All Time Highs
SOURCE: REKT CAPITAL ON X
$BTC
#Crypto #Bitcoin #bitcoinhalving
#bitcoinhalving #BitcoinHalvingEvent 2days 8hours left, if the price will go higher, what is the lowest price should buy?
After the Bitcoin halving event in 2024, various predictions suggest different outcomes for Bitcoin’s price. Here’s a summary of what some experts and analyses are forecasting:
Short-Term Increase: CoinCodex predicts that Bitcoin’s price could see a slight increase in the month leading up to the halving event. One month after the halving, Bitcoin is forecasted to trade at approximately $74,600, which would be an 11.1% increase from its current price.
Long-Term Rally: Following the minor retracement a month after the 2024 halving, there’s an expectation of a 14-month-long rally leading to a new all-time high at approximately $179,000 by August 2025.
Market Patterns: While there’s no clear trend for Bitcoin’s price immediately after each halving, BTC has trended higher during each new halving cycle so far. Significant blockchain protocol events like Bitcoin halvings tend to have a considerable influence on the price of cryptocurrencies.
After the Bitcoin halving event in 2024, various predictions suggest different outcomes for Bitcoin’s price. Here’s a summary of what some experts and analyses are forecasting:
Short-Term Increase: CoinCodex predicts that Bitcoin’s price could see a slight increase in the month leading up to the halving event. One month after the halving, Bitcoin is forecasted to trade at approximately $74,600, which would be an 11.1% increase from its current price.
Long-Term Rally: Following the minor retracement a month after the 2024 halving, there’s an expectation of a 14-month-long rally leading to a new all-time high at approximately $179,000 by August 2025.
Market Patterns: While there’s no clear trend for Bitcoin’s price immediately after each halving, BTC has trended higher during each new halving cycle so far. Significant blockchain protocol events like Bitcoin halvings tend to have a considerable influence on the price of cryptocurrencies.
Via Glassnode on X
Whilst the fourth halving is pre-determined to occur at block-height 840,000, the exact date is unknown due to the natural variability and probabilistic nature of mining blocks.
Our best estimate given the current average block interval is that the halving is now 100-days away. #BitcoinHalvingEvent
Whilst the fourth halving is pre-determined to occur at block-height 840,000, the exact date is unknown due to the natural variability and probabilistic nature of mining blocks.
Our best estimate given the current average block interval is that the halving is now 100-days away. #BitcoinHalvingEvent
LIVELONG BTC
--
🚀 "Rich Dad, Poor Dad" author Robert Kiyosaki is urging his followers to keep a close eye on the upcoming Bitcoin halving, expected in April! 💡 The Bitcoin halving, which occurs roughly every four years, permanently cuts the blockchain's issuance rate of new BTC in half. 📈 Historically, this event has been followed by record-breaking bull markets leading to new all-time highs within the following year. 🌟
Kiyosaki frequently mentions Bitcoin, silver, and gold in the same sentence, as they are all scarce assets that are difficult to "mine" compared to printable cash. 🏆 He believes that having rich friends or friends who want to be rich is essential for success. 🤝
Major investment banks like Standard Chartered and Bernstein also see the halving as a catalyst for significant price appreciation over the next two years, with predictions of BTC reaching $100,000 by the end of 2024 and $150,000 by mid-2025. 🎯 However, some analysts remain skeptical, attributing Bitcoin's "four-year cycles" to macroeconomic factors rather than a halving-induced supply shock. 🧐 Keep your eyes peeled, BTC enthusiasts! 👀
Kiyosaki frequently mentions Bitcoin, silver, and gold in the same sentence, as they are all scarce assets that are difficult to "mine" compared to printable cash. 🏆 He believes that having rich friends or friends who want to be rich is essential for success. 🤝
Major investment banks like Standard Chartered and Bernstein also see the halving as a catalyst for significant price appreciation over the next two years, with predictions of BTC reaching $100,000 by the end of 2024 and $150,000 by mid-2025. 🎯 However, some analysts remain skeptical, attributing Bitcoin's "four-year cycles" to macroeconomic factors rather than a halving-induced supply shock. 🧐 Keep your eyes peeled, BTC enthusiasts! 👀
This #Bitcoin bull market is just getting started...
But expect the unexpected. The market can face some bearish trend.
#TrendingTopic #BullishTimesAhead #HalvingHorizons #BitcoinHalvingEvent $BTC
But expect the unexpected. The market can face some bearish trend.
#TrendingTopic #BullishTimesAhead #HalvingHorizons #BitcoinHalvingEvent $BTC
The Bitcoin halving event is just one month away and is expected to occur on April 20
The next Bitcoin halving event is just one calendar month away, with approximately 4,450 blocks left.
The estimated countdown is based on Bitcoin's average block generation time of 10 minutes, setting a potential date of April 20 around 8 a.m. EDT at current rate. In the next Bitcoin halving event, the reward for the network's miners will drop from 6.25 BTC to 3.125 BTC per block.
Bitcoin halvings are scheduled to occur automatically every 210,000 blocks, approximately every four years. Once a halving event occurs, miners receive 50% less bitcoins as a reward for each block of transactions they mine and add to the blockchain. However, they continue to earn additional transaction fees for each mined block as usual.
#BTC #HalvingTime #HalvingHorizons #BTCHALIVING #BitcoinHalvingEvent $BTC
The next Bitcoin halving event is just one calendar month away, with approximately 4,450 blocks left.
The estimated countdown is based on Bitcoin's average block generation time of 10 minutes, setting a potential date of April 20 around 8 a.m. EDT at current rate. In the next Bitcoin halving event, the reward for the network's miners will drop from 6.25 BTC to 3.125 BTC per block.
Bitcoin halvings are scheduled to occur automatically every 210,000 blocks, approximately every four years. Once a halving event occurs, miners receive 50% less bitcoins as a reward for each block of transactions they mine and add to the blockchain. However, they continue to earn additional transaction fees for each mined block as usual.
#BTC #HalvingTime #HalvingHorizons #BTCHALIVING #BitcoinHalvingEvent $BTC
LIVECrypto Maker45
--
Haussier
Claim reward here🎁🎁💰
Complementry reward upto 10 USDT🎁🎁💰
Complementry reward upto 10 USDT🎁🎁💰
The following are the price increases that BTC experienced six months after each halving
$BTC
The first halving of Bitcoin occurred on November 28, 2012, coinciding with a Bitcoin price of roughly $12. Within six months, by around May 28, 2013, the price had experienced a notable surge, reaching approximately $130, reflecting a substantial increase.
The Second Bitcoin halving took place on July 9, 2016, with Bitcoin priced at around $660. By approximately January 9, 2017, the price had climbed to about $900, demonstrating significant value growth over the span of six months.
As for the third halving on May 11, 2020, Bitcoin was priced at approximately $8,600. Six months later, around November 11, 2020, the price had surged to over $15,700, indicating substantial appreciation in value.
#BTC #BitcoinHalvingEvent
The first halving of Bitcoin occurred on November 28, 2012, coinciding with a Bitcoin price of roughly $12. Within six months, by around May 28, 2013, the price had experienced a notable surge, reaching approximately $130, reflecting a substantial increase.
The Second Bitcoin halving took place on July 9, 2016, with Bitcoin priced at around $660. By approximately January 9, 2017, the price had climbed to about $900, demonstrating significant value growth over the span of six months.
As for the third halving on May 11, 2020, Bitcoin was priced at approximately $8,600. Six months later, around November 11, 2020, the price had surged to over $15,700, indicating substantial appreciation in value.
#BTC #BitcoinHalvingEvent
The Bitcoin halving event is just one month away and is expected to occur on April 20
The next Bitcoin halving event is just one calendar month away, with approximately 4,450 blocks left.
The estimated countdown is based on Bitcoin's average block generation time of 10 minutes, setting a potential date of April 20 around 8 a.m. EDT at current rate. In the next Bitcoin halving event, the reward for the network's miners will drop from 6.25 BTC to 3.125 BTC per block.
Bitcoin halvings are scheduled to occur automatically every 210,000 blocks, approximately every four years. Once a halving event occurs, miners receive 50% less bitcoins as a reward for each block of transactions they mine and add to the blockchain. However, they continue to earn additional transaction fees for each mined block as usual.
#BTC #HalvingTime #HalvingHorizons #BTCHALIVING #BitcoinHalvingEvent $BTC
The next Bitcoin halving event is just one calendar month away, with approximately 4,450 blocks left.
The estimated countdown is based on Bitcoin's average block generation time of 10 minutes, setting a potential date of April 20 around 8 a.m. EDT at current rate. In the next Bitcoin halving event, the reward for the network's miners will drop from 6.25 BTC to 3.125 BTC per block.
Bitcoin halvings are scheduled to occur automatically every 210,000 blocks, approximately every four years. Once a halving event occurs, miners receive 50% less bitcoins as a reward for each block of transactions they mine and add to the blockchain. However, they continue to earn additional transaction fees for each mined block as usual.
#BTC #HalvingTime #HalvingHorizons #BTCHALIVING #BitcoinHalvingEvent $BTC
LIVENaveed Tariq
--
Haussier
CLAIM REWARD HERE 🎁🎁💰
Complementary Reward Upto 10 USDT🎁💰
Complementary Reward Upto 10 USDT🎁💰
Bitcoin's Pre-Halving Wins: Past Returns and 2024 Projections
1. Historical Success: Bitcoin consistently delivers high returns post-halving. The last three halvings yielded 8069%, 284%, and 538% returns.
2. Anticipated Opportunity: The fourth halving, expected around April 2024, presents another potential for significant gains.
3. Proven Trend: Investors can leverage past performance data for informed, strategic decisions in the cryptocurrency market.
4. Market Confidence: Bitcoin's upward trajectory post-halving instills confidence, attracting investors with a long-term perspective.
5. Strategic Timing: Understanding the historical correlation aids in aligning investments with the upcoming halving, maximizing potential returns.
Alternative text:
Bitcoin has demonstrated remarkable returns in the aftermath of its Halving events, a phenomenon witnessed in the past three occurrences in 2012 (8069%), 2016 (284%), and 2020 (538%).
In the realm of blockchain technology, Halving is a process that reduces the number of new coins entering circulation, consequently making Bitcoin rarer. This scarcity enhances the value of Bitcoins in the market.
Historical data from Bitcoin Halvings in 2012, 2016, and 2020 reveal intriguing trends. Bitcoin has undergone three Halvings, with the fourth one anticipated around April 2024. Each Halving reduces block rewards by half, hence the name "Halving."
It's important to note that block rewards represent the new BTC awarded to miners for validating Bitcoin transactions. With a total cap of 21 million Bitcoins, the last one is projected to be mined around the year 2100.
Each Halving occurs approximately every 210,000 blocks, though the exact dates vary due to differences in block sizes. Despite this, holding BTC for a year post-Halving consistently yields substantial profits, as evidenced by the data below.
### Bitcoin Halving Date and Returns
#### First Halving
The initial Halving on Nov 28, 2012, saw a reduction in block rewards from 50 BTC to 25 BTC. Investing a year before the Halving yielded a 385% return, while buying on the Halving date and holding for a year resulted in an extraordinary 80x return (8069%).
#### Second Halving
On July 09, 2016, the second Halving reduced block rewards from 25 BTC to 12.5 BTC. Holding BTC for a year from that day garnered a 284% return.
#### Third Halving
The last Halving occurred on May 11, 2020, decreasing block rewards from 12.5 BTC to 6.25 BTC. Buying on the Halving date led to a 538% return, while purchasing a year before still resulted in a respectable 37% return.
#### Fourth Halving
The upcoming Halving, expected in April 2024, will reduce block rewards from 6.25 BTC to 3.125 BTC. The exact date remains uncertain, determined by block height.
### Expert Predictions for Bitcoin in 2024
Experts anticipate significant price increases for BTC in 2024. Factors such as the recent Bitcoin ETF approval enable widespread investment, attracting institutional investors.
- Standard Chartered Bank predicts a Bitcoin price of at least $100k by 2024.
- Michael Saylor expects a Bitcoin price of $350k by 2024.
- Arthur Hayes anticipates a Bitcoin price exceeding $70,000 by 2025 and a tenfold increase in 2026.
- Cathie Wood projects Bitcoin at $1.5 million by 2030.
### BTC Price Analysis for 2024
Using weekly charts as of Jan 21, 2024, Bitcoin displays strong momentum. Despite recent selloffs, the RSI remains robust, and the MACD indicates sustained bullish trends (blue line above orange line).
Disclaimer: While Voice of Crypto aims to provide accurate and up-to-date information, it disclaims responsibility for any missing facts or inaccuracies. Cryptocurrencies are highly volatile, so individuals should conduct their research and make informed financial decisions.
#BitcoinHalving #BitcoinHalvingEvent #btchalving2024
2. Anticipated Opportunity: The fourth halving, expected around April 2024, presents another potential for significant gains.
3. Proven Trend: Investors can leverage past performance data for informed, strategic decisions in the cryptocurrency market.
4. Market Confidence: Bitcoin's upward trajectory post-halving instills confidence, attracting investors with a long-term perspective.
5. Strategic Timing: Understanding the historical correlation aids in aligning investments with the upcoming halving, maximizing potential returns.
Alternative text:
Bitcoin has demonstrated remarkable returns in the aftermath of its Halving events, a phenomenon witnessed in the past three occurrences in 2012 (8069%), 2016 (284%), and 2020 (538%).
In the realm of blockchain technology, Halving is a process that reduces the number of new coins entering circulation, consequently making Bitcoin rarer. This scarcity enhances the value of Bitcoins in the market.
Historical data from Bitcoin Halvings in 2012, 2016, and 2020 reveal intriguing trends. Bitcoin has undergone three Halvings, with the fourth one anticipated around April 2024. Each Halving reduces block rewards by half, hence the name "Halving."
It's important to note that block rewards represent the new BTC awarded to miners for validating Bitcoin transactions. With a total cap of 21 million Bitcoins, the last one is projected to be mined around the year 2100.
Each Halving occurs approximately every 210,000 blocks, though the exact dates vary due to differences in block sizes. Despite this, holding BTC for a year post-Halving consistently yields substantial profits, as evidenced by the data below.
### Bitcoin Halving Date and Returns
#### First Halving
The initial Halving on Nov 28, 2012, saw a reduction in block rewards from 50 BTC to 25 BTC. Investing a year before the Halving yielded a 385% return, while buying on the Halving date and holding for a year resulted in an extraordinary 80x return (8069%).
#### Second Halving
On July 09, 2016, the second Halving reduced block rewards from 25 BTC to 12.5 BTC. Holding BTC for a year from that day garnered a 284% return.
#### Third Halving
The last Halving occurred on May 11, 2020, decreasing block rewards from 12.5 BTC to 6.25 BTC. Buying on the Halving date led to a 538% return, while purchasing a year before still resulted in a respectable 37% return.
#### Fourth Halving
The upcoming Halving, expected in April 2024, will reduce block rewards from 6.25 BTC to 3.125 BTC. The exact date remains uncertain, determined by block height.
### Expert Predictions for Bitcoin in 2024
Experts anticipate significant price increases for BTC in 2024. Factors such as the recent Bitcoin ETF approval enable widespread investment, attracting institutional investors.
- Standard Chartered Bank predicts a Bitcoin price of at least $100k by 2024.
- Michael Saylor expects a Bitcoin price of $350k by 2024.
- Arthur Hayes anticipates a Bitcoin price exceeding $70,000 by 2025 and a tenfold increase in 2026.
- Cathie Wood projects Bitcoin at $1.5 million by 2030.
### BTC Price Analysis for 2024
Using weekly charts as of Jan 21, 2024, Bitcoin displays strong momentum. Despite recent selloffs, the RSI remains robust, and the MACD indicates sustained bullish trends (blue line above orange line).
Disclaimer: While Voice of Crypto aims to provide accurate and up-to-date information, it disclaims responsibility for any missing facts or inaccuracies. Cryptocurrencies are highly volatile, so individuals should conduct their research and make informed financial decisions.
#BitcoinHalving #BitcoinHalvingEvent #btchalving2024
The next Bitcoin halving is estimated to take place on April 19th, 2024, only 46 days away now.
The price of Bitcoin has historically shown a pattern of increasing after each halving event.
Considering Bitcoins current price: $BTC . I think personally we can expect to see it burst past its ATH from 2021 of $68,990 and possibly reach $70,000 or even $75,000 if all goes well...
What do you think? 👇
#HalvingHorizons
This is Not Financial Advice.
Check out the Binance article here and see what rewards and bonuses you can take advantage of in the weeks and days leading up to the #BitcoinHalvingEvent
The price of Bitcoin has historically shown a pattern of increasing after each halving event.
Considering Bitcoins current price: $BTC . I think personally we can expect to see it burst past its ATH from 2021 of $68,990 and possibly reach $70,000 or even $75,000 if all goes well...
What do you think? 👇
#HalvingHorizons
This is Not Financial Advice.
Check out the Binance article here and see what rewards and bonuses you can take advantage of in the weeks and days leading up to the #BitcoinHalvingEvent
$60,000
0%
$65,000
0%
$70,000
0%
$75,000
100%
1 votes • Vote fermé
🟠 The #BitcoinHalving is predicted to happen on April 20.
Are we going to see a $69,000 $BTC price on 4/20?
#BitcoinHalvingEvent #HalvingHorizons #TrendingTopic
Are we going to see a $69,000 $BTC price on 4/20?
#BitcoinHalvingEvent #HalvingHorizons #TrendingTopic
BREAKING NEWS 🤯
Remember when they said the Bitcoin ETFs were "sell the news"? $BTC Heading to a new ATH thanks to the institutions liquidity!
#BitcoinHalving2024 #BitcoinHalvingEvent #BitcoinETFs! #bitcoin #BTCATH
Remember when they said the Bitcoin ETFs were "sell the news"? $BTC Heading to a new ATH thanks to the institutions liquidity!
#BitcoinHalving2024 #BitcoinHalvingEvent #BitcoinETFs! #bitcoin #BTCATH
🔴 3 Major Events Coming Soon:
These events will change the crypto game.
1️⃣ Bitcoin ETF approval:
Rumors say the date expected between 5th and 10th of January.
2️⃣ USA Interest Rates:
Lowering interest rates expected on the first quarter of 2024.
3️⃣ Bitcoin Halving Date:
17th of April, mark thus day well as we could witness the beginning of the Bull Run.
⚪️ These 3 events are the major upcoming events to keep an eye on. Prices will be definitely affected. Use the coming months to increase wisely your crypto portfolio.
All The Best 💰
#BitcoinHalvingEvent #InterestRateSpeculation #ETFApprovalHype
$BTC
These events will change the crypto game.
1️⃣ Bitcoin ETF approval:
Rumors say the date expected between 5th and 10th of January.
2️⃣ USA Interest Rates:
Lowering interest rates expected on the first quarter of 2024.
3️⃣ Bitcoin Halving Date:
17th of April, mark thus day well as we could witness the beginning of the Bull Run.
⚪️ These 3 events are the major upcoming events to keep an eye on. Prices will be definitely affected. Use the coming months to increase wisely your crypto portfolio.
All The Best 💰
#BitcoinHalvingEvent #InterestRateSpeculation #ETFApprovalHype
$BTC
Unlocking the mystery of Bitcoin halving: a journey into scarcity, rewards, and the fascinating history behind digital gold.
Embarking on the captivating realm of Bitcoin, let's unravel the significance of Bitcoin halving—a masterful stroke by the mysterious Satoshi Nakamoto. Whether Nakamoto is an individual or a collective, the mission is clear: mirror the scarcity-driven allure found in precious commodities like gold.
Much like gold's limited supply enhancing its value, Nakamoto designed Bitcoin halving to ensure scarcity. Approximately every 210,000 mined blocks, miners—the backbone of Bitcoin—witness reduced rewards, directly impacting new Bitcoin creation.
Approaching the 21 million Bitcoin cap, each halving event becomes pivotal, accentuating Bitcoin's scarcity. With about 19 million bitcoins in circulation, diminishing rewards emphasize scarcity, potentially influencing Bitcoin's market dynamics and price.
Here's an intriguing fact: Did you know that the first Bitcoin halving occurred in 2012 when the mining reward dropped from 50 to 25 bitcoins? This milestone marked a transformative moment in Bitcoin's history, shaping its journey to digital gold.
Anticipating the next Bitcoin halving, the crypto community eagerly awaits this decentralized event, historically associated with market anticipation and subsequent price movements.
In the dynamic crypto landscape, understanding Bitcoin halving unveils Nakamoto's deliberate strategy and its potential impact on the digital gold narrative. Stay tuned for more chapters in Bitcoin's remarkable journey!
Note: The information provided is based on historical patterns, and the next Bitcoin halving is anticipated in April 2024. $BTC
#TrendingTopic #BTC #Bitcoin #BitcoinHalvingEvent #BitcoinHistory
Embarking on the captivating realm of Bitcoin, let's unravel the significance of Bitcoin halving—a masterful stroke by the mysterious Satoshi Nakamoto. Whether Nakamoto is an individual or a collective, the mission is clear: mirror the scarcity-driven allure found in precious commodities like gold.
Much like gold's limited supply enhancing its value, Nakamoto designed Bitcoin halving to ensure scarcity. Approximately every 210,000 mined blocks, miners—the backbone of Bitcoin—witness reduced rewards, directly impacting new Bitcoin creation.
Approaching the 21 million Bitcoin cap, each halving event becomes pivotal, accentuating Bitcoin's scarcity. With about 19 million bitcoins in circulation, diminishing rewards emphasize scarcity, potentially influencing Bitcoin's market dynamics and price.
Here's an intriguing fact: Did you know that the first Bitcoin halving occurred in 2012 when the mining reward dropped from 50 to 25 bitcoins? This milestone marked a transformative moment in Bitcoin's history, shaping its journey to digital gold.
Anticipating the next Bitcoin halving, the crypto community eagerly awaits this decentralized event, historically associated with market anticipation and subsequent price movements.
In the dynamic crypto landscape, understanding Bitcoin halving unveils Nakamoto's deliberate strategy and its potential impact on the digital gold narrative. Stay tuned for more chapters in Bitcoin's remarkable journey!
Note: The information provided is based on historical patterns, and the next Bitcoin halving is anticipated in April 2024. $BTC
#TrendingTopic #BTC #Bitcoin #BitcoinHalvingEvent #BitcoinHistory
#BTC
#ETH
#ETF
unless something changes
drastically, $49k may have been the top.
This is important. Historically #Bitcoin will
pullback going into the
#BitcoinHalvingEvent
1st halving - 48%,
-40%, -48%, and now the halving is a few
months away. I'm going with $28.8k
summer lows as my main target for some
wick action, but 34k, 32k, 30k, this isn't
for #Leverage so it makes little difference
to me in the long run. Some time has
passed since my last post, but nothing has
changed. We are right on track. $BTC
$FIL
$FTM $SOL $BLUR
@Krypto1signal
#ETH
#ETF
unless something changes
drastically, $49k may have been the top.
This is important. Historically #Bitcoin will
pullback going into the
#BitcoinHalvingEvent
1st halving - 48%,
-40%, -48%, and now the halving is a few
months away. I'm going with $28.8k
summer lows as my main target for some
wick action, but 34k, 32k, 30k, this isn't
for #Leverage so it makes little difference
to me in the long run. Some time has
passed since my last post, but nothing has
changed. We are right on track. $BTC
$FIL
$FTM $SOL $BLUR
@Krypto1signal
What is the Bitcoin Halving?
Halving 1 Genesis Block Jan 3, 2009 BTC halving Date
Halving 2 210,000 Block Height Nov 28, 2012 BTC halving Date
Halving 3 420,000 Block Height July 9, 2016 BTC halving Date
Halving 4 630,000 Block Height May 11, 2020 BTC halving Date
Halving 5 840,000 Block Height 2024 ______ BTC halving Date
The Bitcoin Halving, also known as the "Halvening," is a programmed occurrence in the Bitcoin protocol that occurs every 210,000 blocks, approximately every four years. It reduces the reward that miners receive for verifying blockchain transactions. This process is intended to manage the creation of new bitcoins and uphold their scarcity, thereby ensuring a limited BTC supply.
Essentially, the halving halves the BTC rewards granted to miners. In the original Bitcoin whitepaper released by the pseudonymous Satoshi Nakamoto in 2008, it was stipulated that there would be a fixed supply of 21 million bitcoins. This fixed supply mechanism was implemented to prevent inflation and emulate the scarcity of precious metals such as gold. By controlling the pace at which new bitcoins are produced, the protocol strives to establish a deflationary currency with the potential to maintain or increase its value over time.
Therefore, the Halving plays a crucial role in regulating the pace at which new bitcoins enter circulation, progressively slowing down the generation of new coins. When Bitcoin was initially introduced in 2009, miners were rewarded with 50 BTC for each block they successfully added to the blockchain. The first Halving event occurred in 2012, reducing the block reward to 25 BTC. Subsequent Halvings in 2016 and 2020 further decreased the reward to 12.5 and 6.25 bitcoins, respectively. The upcoming Bitcoin Halving will reduce the block reward to 3.125 BTC and is anticipated to take place in April 2024 (when the block height reaches 840,000).
$BTC $ETH $BNB
#BTC #BitcoinETFapproved #BitcoinHalvingEvent #BTCETFSPOT #MemeCoinAnalysis
Halving 1 Genesis Block Jan 3, 2009 BTC halving Date
Halving 2 210,000 Block Height Nov 28, 2012 BTC halving Date
Halving 3 420,000 Block Height July 9, 2016 BTC halving Date
Halving 4 630,000 Block Height May 11, 2020 BTC halving Date
Halving 5 840,000 Block Height 2024 ______ BTC halving Date
The Bitcoin Halving, also known as the "Halvening," is a programmed occurrence in the Bitcoin protocol that occurs every 210,000 blocks, approximately every four years. It reduces the reward that miners receive for verifying blockchain transactions. This process is intended to manage the creation of new bitcoins and uphold their scarcity, thereby ensuring a limited BTC supply.
Essentially, the halving halves the BTC rewards granted to miners. In the original Bitcoin whitepaper released by the pseudonymous Satoshi Nakamoto in 2008, it was stipulated that there would be a fixed supply of 21 million bitcoins. This fixed supply mechanism was implemented to prevent inflation and emulate the scarcity of precious metals such as gold. By controlling the pace at which new bitcoins are produced, the protocol strives to establish a deflationary currency with the potential to maintain or increase its value over time.
Therefore, the Halving plays a crucial role in regulating the pace at which new bitcoins enter circulation, progressively slowing down the generation of new coins. When Bitcoin was initially introduced in 2009, miners were rewarded with 50 BTC for each block they successfully added to the blockchain. The first Halving event occurred in 2012, reducing the block reward to 25 BTC. Subsequent Halvings in 2016 and 2020 further decreased the reward to 12.5 and 6.25 bitcoins, respectively. The upcoming Bitcoin Halving will reduce the block reward to 3.125 BTC and is anticipated to take place in April 2024 (when the block height reaches 840,000).
$BTC $ETH $BNB
#BTC #BitcoinETFapproved #BitcoinHalvingEvent #BTCETFSPOT #MemeCoinAnalysis
At the current block mining time $BTC halving will happen in 23 days or on April 14, 2024. Since the beginning of the current #halving period, the price grew 633% whilst during past halvings it grew for at least 1240%.
If the #Bitcoin price grows as much as it did during the past halvings, one BTC would be worth at least $115,000 in April.
#BitcoinHalvingEvent #BTCHALVING #btchalving2024 #Halving2024
If the #Bitcoin price grows as much as it did during the past halvings, one BTC would be worth at least $115,000 in April.
#BitcoinHalvingEvent #BTCHALVING #btchalving2024 #Halving2024
What is a block halving event?
As part of Bitcoin's coin issuance, miners are rewarded a certain amount of bitcoins whenever a block is produced (approximately every 10 minutes). When Bitcoin first started, 50 Bitcoins per block were given as a reward to miners.
After every 210,000 blocks are mined (approximately every 4 years), the block reward halves and will keep on halving until the block reward per block becomes 0 (approximately by year 2140).
As of now, the block reward is 6.25 coins per block and will decrease to 3.125 coins per block post halving.
#BTC #BitcoinHalvingEvent #BinanceTournament #CryptoisBetter $BTC
As part of Bitcoin's coin issuance, miners are rewarded a certain amount of bitcoins whenever a block is produced (approximately every 10 minutes). When Bitcoin first started, 50 Bitcoins per block were given as a reward to miners.
After every 210,000 blocks are mined (approximately every 4 years), the block reward halves and will keep on halving until the block reward per block becomes 0 (approximately by year 2140).
As of now, the block reward is 6.25 coins per block and will decrease to 3.125 coins per block post halving.
#BTC #BitcoinHalvingEvent #BinanceTournament #CryptoisBetter $BTC
