Bitcoin's halving events have historically dictated its price, with significant surges following each event due to reduced supply. The most recent halving in April 2024 has led to a more muted price increase of about 40%, raising speculation about the viability of Bitcoin's traditional four-year cycle. This article explores the dynamics of Bitcoinâs market influenced by its halving history, the contrasting outcomes following past events, and considerations for the future as the next halving approaches in 2028.
Historically, Bitcoin has experienced substantial price surges in the year following each halving event, albeit with some variation between cycles.
As we move toward the next halving in 2028, many are questioning whether the old 4-year cycle will continue or if Bitcoin is on the cusp of a more fundamental change.
Halving events have been pivotal moments in its history, directly impacting the Bitcoin price. Each halving reduces the block reward for miners by 50%.
While there was some positive appreciation in Bitcoin's price post-April 2024 halving, the massive exponential growth expected was notably absent.
Collection
[
|
...
]