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Litecoin ($LTC ): Supply Dynamics and Its Potential to Follow Bitcoin’s Price Movements Litecoin (LTC), often dubbed the "silver to Bitcoin's gold," is a prominent cryptocurrency created by Charlie Lee in 2011. Designed to complement Bitcoin ($BTC ), Litecoin offers faster transaction times and a unique hashing algorithm, making it a significant player in the crypto market. Key aspects of its appeal include its supply dynamics and its tendency to follow Bitcoin's price movements. Supply Dynamics of Litecoin 1. Fixed Supply Cap: Litecoin has a fixed supply cap of 84 million coins, four times that of Bitcoin's 21 million. This fixed cap introduces scarcity, a critical factor that can drive value as the available supply diminishes over time. 2. Halving Events: Litecoin undergoes halving events approximately every four years, reducing the block reward for miners. The latest halving in August 2023 reduced the reward from 12.5 LTC to 6.25 LTC. These events historically reduce new supply, potentially increasing LTC's value by making it more scarce. 3. Mining and Distribution: Using the Scrypt hashing algorithm, Litecoin allows for more decentralized mining. This broader distribution of mining efforts supports fairer coin distribution and enhances its role as a medium of exchange and store of value. Litecoin’s Relationship with Bitcoin 1. Correlation with Bitcoin: Litecoin's price historically shows a strong correlation with Bitcoin. Market sentiment often drives both cryptocurrencies similarly, with BTC setting trends for the broader market. 2. Technical Similarities: Both Litecoin and Bitcoin use a proof-of-work consensus mechanism and share many technical features. Litecoin’s faster block generation time makes it more suitable for smaller transactions, reinforcing its role alongside Bitcoin. 3. Market Maturity: As institutional interest in cryptocurrencies grows, Litecoin benefits from being a well-established asset. This interest can amplify the correlation between BTC and LTC prices. #litecoin #btc #ltc #mining #halving
Litecoin ($LTC ): Supply Dynamics and Its Potential to Follow Bitcoin’s Price Movements

Litecoin (LTC), often dubbed the "silver to Bitcoin's gold," is a prominent cryptocurrency created by Charlie Lee in 2011. Designed to complement Bitcoin ($BTC ), Litecoin offers faster transaction times and a unique hashing algorithm, making it a significant player in the crypto market. Key aspects of its appeal include its supply dynamics and its tendency to follow Bitcoin's price movements.

Supply Dynamics of Litecoin
1. Fixed Supply Cap:
Litecoin has a fixed supply cap of 84 million coins, four times that of Bitcoin's 21 million. This fixed cap introduces scarcity, a critical factor that can drive value as the available supply diminishes over time.

2. Halving Events:
Litecoin undergoes halving events approximately every four years, reducing the block reward for miners. The latest halving in August 2023 reduced the reward from 12.5 LTC to 6.25 LTC. These events historically reduce new supply, potentially increasing LTC's value by making it more scarce.

3. Mining and Distribution:
Using the Scrypt hashing algorithm, Litecoin allows for more decentralized mining. This broader distribution of mining efforts supports fairer coin distribution and enhances its role as a medium of exchange and store of value.

Litecoin’s Relationship with Bitcoin
1. Correlation with Bitcoin:
Litecoin's price historically shows a strong correlation with Bitcoin. Market sentiment often drives both cryptocurrencies similarly, with BTC setting trends for the broader market.

2. Technical Similarities:
Both Litecoin and Bitcoin use a proof-of-work consensus mechanism and share many technical features. Litecoin’s faster block generation time makes it more suitable for smaller transactions, reinforcing its role alongside Bitcoin.

3. Market Maturity:
As institutional interest in cryptocurrencies grows, Litecoin benefits from being a well-established asset. This interest can amplify the correlation between BTC and LTC prices.

#litecoin #btc #ltc #mining #halving
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FLOKI UPdate🔥🦊 Dear traders, following my previous posts about $FLOKI FLOKI, this bullish gaming and meme coin backed up with great active team is now supposed to make breakouts❤️‍🔥 The price standard now is above 0.00020 following the markets uptrend🧨 Don’t forget to stack it in your EARN wallet to gain good interest💎💰💸 Thank you for your support & keep climbing🏔️🌾#altcoins #Floki🔥🔥 #writetoearn #halving
FLOKI UPdate🔥🦊

Dear traders, following my previous posts about $FLOKI FLOKI, this bullish gaming and meme coin backed up with great active team is now supposed to make breakouts❤️‍🔥
The price standard now is above 0.00020 following the markets uptrend🧨
Don’t forget to stack it in your EARN wallet to gain good interest💎💰💸

Thank you for your support & keep climbing🏔️🌾#altcoins #Floki🔥🔥 #writetoearn #halving
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Market update☝🏻🧐🌤️ Dear traders, $BTC $PEPE $DOGE Bitcoin Pepe and Doge are daily top traded assets. The price was relaxing lately but we wont see long dips like before. Don’t forget that we are now in after Bitcoin halving era and in my opinion its time to follow the trend and stack good tokens then wait for pumps to earn big profit instead of swing trading to earn small profit🎯💸 As we can see in the charts and from reading volume and ranks we conclude that these assets can explode anytime now because of high demand versus lower supply week after week…🤯 Stack some of these tokens now depending on your budget and keep it in Earn wallet to get interest gains while waiting for pumps 💰⏳💣🧨💸 Always do your own research🎯 Tell me about your other picks & Good luck✨🌾 #writetoearn #write2earn🌐💹 #bullrunofalts #halving #PEPEATH
Market update☝🏻🧐🌤️

Dear traders, $BTC $PEPE $DOGE Bitcoin Pepe and Doge are daily top traded assets. The price was relaxing lately but we wont see long dips like before. Don’t forget that we are now in after Bitcoin halving era and in my opinion its time to follow the trend and stack good tokens then wait for pumps to earn big profit instead of swing trading to earn small profit🎯💸

As we can see in the charts and from reading volume and ranks we conclude that these assets can explode anytime now because of high demand versus lower supply week after week…🤯

Stack some of these tokens now depending on your budget and keep it in Earn wallet to get interest gains while waiting for pumps 💰⏳💣🧨💸
Always do your own research🎯
Tell me about your other picks & Good luck✨🌾

#writetoearn #write2earn🌐💹 #bullrunofalts #halving #PEPEATH
Bitcoin reached the 67 thousand dollar resistance I mentioned. and now bitcoin is preparing to rise above $73 thousand. If he cannot achieve this, unfortunately we will be below 60 thousand dollars again.and bitcoin formed an uptrend on all charts. good luck #btc #bitcoin #binance #BTC🔥🔥🔥🔥🔥 #halving
Bitcoin reached the 67 thousand dollar resistance I mentioned. and now bitcoin is preparing to rise above $73 thousand. If he cannot achieve this, unfortunately we will be below 60 thousand dollars again.and bitcoin formed an uptrend on all charts. good luck #btc #bitcoin #binance #BTC🔥🔥🔥🔥🔥 #halving
BREAKING: Less than one year until the next #Bitcon Halving ‼️ 😱 ╱╱┏╮╱╱╱╱╱╱╱╱╱╱ ╱╱┃┃╱╱┳╱┓┳╭┛┳┓ ▉━╯┗━╮┃╱┃┣┻╮┣╱ ▉┈┈┈┈┃┻┛┛┻╱┗┗┛ ▉╮┈┈┈┃▔▔▔▔▔▔▔▔ ╱╰━━━╯ #BTC #halving #crypto2023 #Binance
BREAKING: Less than one year until the next #Bitcon Halving ‼️ 😱

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#BTC #halving
#crypto2023 #Binance
#Bitcoin is transitioning from disillusionment to enlightenment during the #halving rounds. This phase has a strong track record historically, but not yet with #ATH .
#Bitcoin is transitioning from disillusionment to enlightenment during the #halving rounds.

This phase has a strong track record historically, but not yet with #ATH .
What is Bitcoin Halving?Bitcoin halving is a significant event on the Bitcoin network every four years. During this event, the block reward that miners receive for verifying transactions and adding new blocks to the blockchain is reduced by 50%. This means that the rate of new Bitcoin creation slows down, and the total supply of Bitcoin approaches its maximum limit of 21 million. Bitcoin halving is a programmed event and is built into the Bitcoin protocol to ensure that the inflation rate of Bitcoin remains controlled and predictable. The reduced rate of new Bitcoin creation and the expectation of scarcity can increase the value of Bitcoin, which has historically led to an increase in the asset's price in the months leading up to a halving event. Despite this, the market can be unpredictable, and the impact of halving Bitcoin's price is not guaranteed. However, the reduced supply of Bitcoin resulting from halving helps to maintain its value and ensure that it remains a finite and scarce asset. The previous Bitcoin halving occurred on May 11, 2020, at a block height of 630,000. At that time, the block reward for miners was reduced from 12.5 BTC to 6.25 BTC per block. This was the third halving event in Bitcoin's history, following the first halving in November 2012 and the second halving in July 2016. The next Bitcoin halving is expected to occur in march 2024, at which point the block reward will be reduced from 6.25 BTC to 3.125 BTC per block. After the first Bitcoin halving in November 2012, the price of Bitcoin increased by over 8,000% over the following year. After the second halving in July 2016, the price of Bitcoin increased by around 2,500% over the following 18 months. After the most recent halving event in May 2020, the price of Bitcoin initially experienced a slight drop but quickly recovered and went on to gain over 300% in value over the following year, reaching an all-time high of over $64,000 in April 2021. Thanks Hexa #halving #halving #BTC #bitcoin #hexatrades #crypto2023

What is Bitcoin Halving?

Bitcoin halving is a significant event on the Bitcoin network every four years. During this event, the block reward that miners receive for verifying transactions and adding new blocks to the blockchain is reduced by 50%. This means that the rate of new Bitcoin creation slows down, and the total supply of Bitcoin approaches its maximum limit of 21 million.

Bitcoin halving is a programmed event and is built into the Bitcoin protocol to ensure that the inflation rate of Bitcoin remains controlled and predictable. The reduced rate of new Bitcoin creation and the expectation of scarcity can increase the value of Bitcoin, which has historically led to an increase in the asset's price in the months leading up to a halving event. Despite this, the market can be unpredictable, and the impact of halving Bitcoin's price is not guaranteed. However, the reduced supply of Bitcoin resulting from halving helps to maintain its value and ensure that it remains a finite and scarce asset.

The previous Bitcoin halving occurred on May 11, 2020, at a block height of 630,000. At that time, the block reward for miners was reduced from 12.5 BTC to 6.25 BTC per block. This was the third halving event in Bitcoin's history, following the first halving in November 2012 and the second halving in July 2016. The next Bitcoin halving is expected to occur in march 2024, at which point the block reward will be reduced from 6.25 BTC to 3.125 BTC per block.

After the first Bitcoin halving in November 2012, the price of Bitcoin increased by over 8,000% over the following year. After the second halving in July 2016, the price of Bitcoin increased by around 2,500% over the following 18 months. After the most recent halving event in May 2020, the price of Bitcoin initially experienced a slight drop but quickly recovered and went on to gain over 300% in value over the following year, reaching an all-time high of over $64,000 in April 2021.

Thanks

Hexa

#halving #halving #BTC #bitcoin #hexatrades #crypto2023
Bitcoin to Halve in 2024: Bullish Bitcoin, the world's largest cryptocurrency, is set to undergo a significant change in 2024, known as the "halving" event. This event has historically been a bullish signal for the cryptocurrency market, and many investors are eagerly anticipating the next halving. The halving event, which occurs roughly every four years, is a mechanism built into the Bitcoin protocol that reduces the amount of new Bitcoin created every time a block is mined. This reduction is achieved by cutting the block reward in half, hence the name "halving." The first halving occurred in 2012, followed by another in 2016. The next halving is expected to take place in 2024. The halving event is significant because it has a direct impact on the supply of Bitcoin. By reducing the amount of new Bitcoin created, the halving event effectively decreases the rate at which new coins are introduced into the market. This can lead to a supply shock and increase the scarcity of Bitcoin, which can, in turn, drive up its price. Historically, the halving event has been a bullish signal for Bitcoin. After the first halving in 2012, the price of Bitcoin increased from around $12 to over $1,000 in just over a year. Similarly, after the second halving in 2016, the price of Bitcoin surged from around $650 to over $20,000 in less than two years. Many investors and analysts believe that the next halving in 2024 could lead to another significant price increase for Bitcoin. Some have even predicted that the price of Bitcoin could reach $100,000 or more in the years following the halving. Of course, it's important to note that the price of Bitcoin is highly volatile, and there are no guarantees that the next halving will lead to a significant price increase. However, the historical data and the supply shock caused by the halving event provide some compelling reasons to be bullish on Bitcoin's long-term prospects. In conclusion, the upcoming halving event in 2024 is likely to be a significant event for the cryptocurrency market, particularly for Bitcoin. The halving's impact on the supply of Bitcoin and its historical performance make it a bullish signal for investors and traders alike. As always, it's essential to do your own research and understand the risks associated with investing in cryptocurrencies. However, for those who believe in the long-term potential of Bitcoin, the halving event is an exciting development to watch. #BTC #bitcoin #halving #dyor #crypto2023

Bitcoin to Halve in 2024: Bullish



Bitcoin, the world's largest cryptocurrency, is set to undergo a significant change in 2024, known as the "halving" event. This event has historically been a bullish signal for the cryptocurrency market, and many investors are eagerly anticipating the next halving.

The halving event, which occurs roughly every four years, is a mechanism built into the Bitcoin protocol that reduces the amount of new Bitcoin created every time a block is mined. This reduction is achieved by cutting the block reward in half, hence the name "halving." The first halving occurred in 2012, followed by another in 2016. The next halving is expected to take place in 2024.

The halving event is significant because it has a direct impact on the supply of Bitcoin. By reducing the amount of new Bitcoin created, the halving event effectively decreases the rate at which new coins are introduced into the market. This can lead to a supply shock and increase the scarcity of Bitcoin, which can, in turn, drive up its price.

Historically, the halving event has been a bullish signal for Bitcoin. After the first halving in 2012, the price of Bitcoin increased from around $12 to over $1,000 in just over a year. Similarly, after the second halving in 2016, the price of Bitcoin surged from around $650 to over $20,000 in less than two years.

Many investors and analysts believe that the next halving in 2024 could lead to another significant price increase for Bitcoin. Some have even predicted that the price of Bitcoin could reach $100,000 or more in the years following the halving.

Of course, it's important to note that the price of Bitcoin is highly volatile, and there are no guarantees that the next halving will lead to a significant price increase. However, the historical data and the supply shock caused by the halving event provide some compelling reasons to be bullish on Bitcoin's long-term prospects.

In conclusion, the upcoming halving event in 2024 is likely to be a significant event for the cryptocurrency market, particularly for Bitcoin. The halving's impact on the supply of Bitcoin and its historical performance make it a bullish signal for investors and traders alike. As always, it's essential to do your own research and understand the risks associated with investing in cryptocurrencies. However, for those who believe in the long-term potential of Bitcoin, the halving event is an exciting development to watch.

#BTC #bitcoin #halving #dyor #crypto2023
Bitcoin halves roughly every four years and the next Bitcoin halving (the fourth halving) is estimated to take place in March 2024 and the rewards will halve from 6.25 BTC to 3.125 BTC. #Binance #dyor #BTC #halving #buildtogether
Bitcoin halves roughly every four years and the next Bitcoin halving (the fourth halving) is estimated to take place in March 2024 and the rewards will halve from 6.25 BTC to 3.125 BTC. #Binance #dyor #BTC #halving #buildtogether
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"Bitcoin Halving" Events"The Bitcoin halving" is when the reward for Bitcoin miners to receive for validating blocks is cut in half. This takes place every four years as the duration of every 210,000 blocks to be mined!(Added to the bitcoin blockchain). The exact time of the halving event depends on the speed at which new blocks are mined, which can vary due to factors such as changes in the network's hash rate. The following is a list of Bitcoin halving events that have occurred since 2012: First Bitcoin Halving: November 28, 2012 Block Height: 210,000 Block Reward: 50 BTC before halving, 25 BTC after halving Second Bitcoin Halving: July 9, 2016 Block Height: 420,000 Block Reward: 25 BTC before halving, 12.5 BTC after halving Third Bitcoin Halving: May 11, 2020 Block Height: 630,000 Block Reward: 12.5 BTC before halving, 6.25 BTC after halving Fourth Bitcoin Halving: Expected in 2024 Block Height: 840,000 Estimated Halving Date: April 2024 Estimated Block Reward: 6.25 BTC before halving, 3.125 BTC after halving that we will be expecting to see Price of BTC at $120K So, if we closely observe the data, past Bitcoin halving events have been able to establish long-term bullish drivers for Bitcoin's price. The Bitcoin halving event directly relates to its deflationary tendency and squeezes its supply causing demand to rise ,this helps the BTC price to rise further. Now, the last halving will occur in 2140. At that point, there will be 21 million BTC in circulation and no more coins will be created. From there, miners will just be paid with transaction fees! #halving #crypto2023 #Captainsmasha #BTCUpdate #BNB

"Bitcoin Halving" Events

"The Bitcoin halving" is when the reward for Bitcoin miners to receive for validating blocks is cut in half. This takes place every four years as the duration of every 210,000 blocks to be mined!(Added to the bitcoin blockchain). The exact time of the halving event depends on the speed at which new blocks are mined, which can vary due to factors such as changes in the network's hash rate.

The following is a list of Bitcoin halving events that have occurred since 2012:

First Bitcoin Halving: November 28, 2012 Block Height: 210,000 Block Reward: 50 BTC before halving, 25 BTC after halving

Second Bitcoin Halving: July 9, 2016 Block Height: 420,000 Block Reward: 25 BTC before halving, 12.5 BTC after halving

Third Bitcoin Halving: May 11, 2020 Block Height: 630,000 Block Reward: 12.5 BTC before halving, 6.25 BTC after halving

Fourth Bitcoin Halving: Expected in 2024 Block Height: 840,000 Estimated Halving Date: April 2024 Estimated Block Reward: 6.25 BTC before halving, 3.125 BTC after halving that we will be expecting to see Price of BTC at $120K

So, if we closely observe the data, past Bitcoin halving events have been able to establish long-term bullish drivers for Bitcoin's price. The Bitcoin halving event directly relates to its deflationary tendency and squeezes its supply causing demand to rise ,this helps the BTC price to rise further.

Now, the last halving will occur in 2140. At that point, there will be 21 million BTC in circulation and no more coins will be created. From there, miners will just be paid with transaction fees!

#halving #crypto2023 #Captainsmasha #BTCUpdate #BNB
The number of whale bitcoin wallets (with a balance of 1,000 BTC or more) continues to fall Over the past couple of weeks, the value has dropped from 2,000 to 1,658 addresses (a three-year low). Strange action, considering that halving is very soon 🤔 #BTC #bitcoin #halving
The number of whale bitcoin wallets (with a balance of 1,000 BTC or more) continues to fall

Over the past couple of weeks, the value has dropped from 2,000 to 1,658 addresses (a three-year low).

Strange action, considering that halving is very soon 🤔

#BTC #bitcoin #halving
Bitcoin halving is a process that occurs approximately every four years in which the reward for mining new Bitcoin blocks is cut in half. Demand Is Growing But Supply Is Reduse Make Bitcoin Bullish #BTC #Bullish #BullRun #halving #GPT-4
Bitcoin halving is a process that occurs approximately every four years in which the reward for mining new Bitcoin blocks is cut in half. Demand Is Growing But Supply Is Reduse Make Bitcoin Bullish #BTC #Bullish #BullRun #halving #GPT-4
An In-depth Look at the Bitcoin Halving History and 2024Trading Heights A Brief Overview of Previous Bitcoin Halving & Its Effects on the Market Bitcoin halving is an event that occurs every four years and halves the reward for miners who successfully mine a new block. The Bitcoin protocol is heavily reliant on a concept known as mining. Mining is an essential part of the Bitcoin network and this is the process of verifying transactions on the Bitcoin blockchain, and has a significant impact on the Bitcoin market, as it affects the supply and demand of the Bitcoin . The first halving of Bitcoin occurred in 2012 and marked a major milestone in the cryptocurrency's history. Halving process reduces the amount of new Bitcoins created and released into circulation every 10 minutes, thereby reducing inflation and increasing the scarcity of Bitcoin . The halving event was seen as a bullish sign for the future of Bitcoin , as it suggests that demand for the digital currency is increasing while supply is decreasing. The rest of halving in 2016 and 2020 Bitcoin price was followed by a pre-event and post-halving bullish rally which saw Bitcoin prices soar to all-time highs in 2017 and 2021 respectively. - What are Predictions for the Future Effects of 2024 Year's Bitcoin Halving on Prices? The Bitcoin halving of 2024 will be one of the most anticipated events in the cryptocurrency world. It is expected to have a major impact on the price of Bitcoin , and many experts are predicting that it could result in a significant increase in its value. It is important for investors to understand how this event is affecting the market so that they can make informed decisions about their investments. As we approach the Bitcoin halving, it is important to understand what it means and how it will impact the cryptocurrency market. 2024 year's halving will reduce the reward for miners from 6.25 BTC , the next block reward will be 3.125 BTC per block mined, which could have a significant effect on the price of Bitcoin and other cryptocurrencies. To prepare for this, investors should be aware of potential changes in market dynamics, such as increased FOMO stimulus, sudden price volatility prior to halving. The halving events of Bitcoin have been divided into sectors in a chart to provide an insightful look into its history. It is interesting to note that each halving event is marked with a unique color, starting with number 0. This chart also provides a glimpse into the changes in Bitcoin's value during these events 1-2-3, and how they have impacted the growth of Bitcoin Rising phase (2013, 2017, 2021) Crash phase (2014, 2018, 2022) Bottom Phase (2015, 2018, 2023?) According to this trend we can expect that 2023 is the Bottom phase of the cycle, and is likely to see prices double as investors look to make profits on the increasing scarcity of Bitcoin . After this, it's likely that we'll experience a rapid rise back towards new All-time Highs (ATH), as investors FOMO to take advantage of the increased demand. The bitcoin halving of 2024 will be a pivotal moment. After the halving, the amount of newly mined bitcoins will be reduced by half and this could lead to a significant change in the Bitcoin price. This may have both positive and negative implications for the value of bitcoin , however it might be a pure math of Supply and Demand . #halving #Binance #crypto2023 #BTC #dyor

An In-depth Look at the Bitcoin Halving History and 2024

Trading Heights

A Brief Overview of Previous Bitcoin Halving & Its Effects on the Market

Bitcoin halving is an event that occurs every four years and halves the reward for miners who successfully mine a new block.

The Bitcoin protocol is heavily reliant on a concept known as mining. Mining is an essential part of the Bitcoin network and this is the process of verifying transactions on the Bitcoin blockchain, and has a significant impact on the Bitcoin market, as it affects the supply and demand of the Bitcoin .

The first halving of Bitcoin occurred in 2012 and marked a major milestone in the cryptocurrency's history. Halving process reduces the amount of new Bitcoins created and released into circulation every 10 minutes, thereby reducing inflation and increasing the scarcity of Bitcoin . The halving event was seen as a bullish sign for the future of Bitcoin , as it suggests that demand for the digital currency is increasing while supply is decreasing.

The rest of halving in 2016 and 2020 Bitcoin price was followed by a pre-event and post-halving bullish rally which saw Bitcoin prices soar to all-time highs in 2017 and 2021 respectively.

-

What are Predictions for the Future Effects of 2024 Year's Bitcoin Halving on Prices?

The Bitcoin halving of 2024 will be one of the most anticipated events in the cryptocurrency world. It is expected to have a major impact on the price of Bitcoin , and many experts are predicting that it could result in a significant increase in its value. It is important for investors to understand how this event is affecting the market so that they can make informed decisions about their investments. As we approach the Bitcoin halving, it is important to understand what it means and how it will impact the cryptocurrency market. 2024 year's halving will reduce the reward for miners from 6.25 BTC , the next block reward will be 3.125 BTC per block mined, which could have a significant effect on the price of Bitcoin and other cryptocurrencies. To prepare for this, investors should be aware of potential changes in market dynamics, such as increased FOMO stimulus, sudden price volatility prior to halving.

The halving events of Bitcoin have been divided into sectors in a chart to provide an insightful look into its history. It is interesting to note that each halving event is marked with a unique color, starting with number 0. This chart also provides a glimpse into the changes in Bitcoin's value during these events 1-2-3, and how they have impacted the growth of Bitcoin

Rising phase (2013, 2017, 2021)

Crash phase (2014, 2018, 2022)

Bottom Phase (2015, 2018, 2023?)

According to this trend we can expect that 2023 is the Bottom phase of the cycle, and is likely to see prices double as investors look to make profits on the increasing scarcity of Bitcoin . After this, it's likely that we'll experience a rapid rise back towards new All-time Highs (ATH), as investors FOMO to take advantage of the increased demand.

The bitcoin halving of 2024 will be a pivotal moment. After the halving, the amount of newly mined bitcoins will be reduced by half and this could lead to a significant change in the Bitcoin price. This may have both positive and negative implications for the value of bitcoin , however it might be a pure math of Supply and Demand .

#halving #Binance #crypto2023 #BTC #dyor

🚀 The graph above shows the decrease in miners' rewards for a found block with each subsequent #halving #BTC
🚀 The graph above shows the decrease in miners' rewards for a found block with each subsequent #halving

#BTC
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