Hello everyone, today I would like to share an idea about bitcoin next halving.
Can we predict the next halving of bitcoin with the help of previous cycles?
A bitcoin halving is scheduled to take place every 210,000 blocks. Three bitcoin halvings have already taken place, one in 2012, 2016, and the last halving in 2020.
The bitcoin halving prediction shown...
Hello fellow traders. Hope you all well and safe during these quarantine times.
As we approach halving time, it's definitely good to take an overall look at BTC's journey till here, and what the future can bring to us, if history continues to follow same fractal patterns.
Hope you are ready.
Cheers!
While bitcoin is still ranging, I would like to speculate what to expect from the approaching halving of the block reward event and how it was last time.
November 28, 2012
The first Bitcoin halving takes place to reduce mining rewards to 25 BTC
As you can see on the chart below bitcoin price experienced two falls (40% and 25%) prior to date. After the...
Very simple analysis of what btc has been doing in the lead up to the previous 2 halvings and a projection based on my findings.
notice that after the first halving btc went up by 9200% and after the second "only" by 3200%. which would be roughly a third.
i understand that Bitcoin halvings have not occurred often enough to gather any real data. therefore i have...
New bitcoins are issued by the Bitcoin network every 10 minutes. For the first four years of Bitcoin's existence, the amount of new bitcoins issued every 10 minutes was 50. Every four years, this number is cut in half. The day the amount halves is called a "halving".The halving decreases the amount of new bitcoins generated per block. This means the supply of new...
