Bitcoin Price Post-Halving Calm
Bitcoin price holds steady and the reward halving has not seen any surprises in the mining sector. Price seems to be preparing for advance – not today – so, time to do something else than check the bitcoin price chart like a squirrel for nuts! The “halvening” caused no immediate fireworks, other than the sharp drop a few blocks prior to the event. Yet, we did not see a new low and price is holding a sideways path. The price wave since last week’s low has a look of consolidation about it. However, we won’t base any trades on such a tea-leaf reading: there is currently no clear signal to....
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The 2024 Bitcoin halving is only two days away, and there are already varying expectations of what might happen to the BTC price once the event is completed. One way to get an idea of how it could play out for the Bitcoin price, though, is through historical data and how the cryptocurrency has performed at times like these. Bitcoin Price Trends For Previous Halvings There have been three halvings so far since Bitcoin was first launched in 2009 and with each one, Bitcoin has demonstrated various reactions to the event. The first halving took place on November 28, 2012, the second happened....
Bitcoin price is gaining in momentum, tracking along well with the many scarcity-based valuations models that exist. These theories all believe that the cryptocurrency’s block reward halving kicks off a markup phase of epic proportions. Currently, there are only two previous samples to go by, each where the asset explodes in ROI post-halving. At present, […]
The Bitgesell halving just took place yesterday, March 28th, and will focus on putting a deflationary economic model in place just like Bitcoin did after its halving. Here’s everything you need to know about the Bitgesell halving, the coin itself, and what lies ahead post-halving. What To Expect Now That The Bitgesell Halving Has Happened Bitgesell, a young but novel blockchain project founded by Emma Wu, relies on a spinoff of the original Bitcoin codebase, […]
In a recent deep dive into Bitcoin’s historical performance and future potential, Pantera Capital, the fifth-largest crypto hedge fund by AUM, has projected a staggering $148,000 price target for BTC post its next halving event. When Bitcoin Price Could Reach $150,000 The “Blockchain Letter” released by Pantera Capital meticulously analyzes BTC’s past halving events and […]
Bitcoin is now 86% through on the path toward the next halving. Here’s what the last two cycles looked like at the same mark in their lifespans. Bitcoin Progress Towards Next Halving Has Now Hit 86% In a post on X, the BTC cycle analyst Root posted an update on the halving progress of the […]