How Much Will Bitcoin’s Price Go Up After This Month’s Halving?

  • 📰 hackernoon
  • ⏱ Reading Time:
  • 21 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 51%

Coin Coin Headlines News

Coin Coin Latest News,Coin Coin Headlines

Bitcoin's halving will not lead to an explosion in Bitcoin's price. There's a silver lining, though.

The $1 trillion question: what will happen to Bitcoin’s price after halving? If history is our guide, not much. What did Bitcoin’s price do after the three previous halving events? In 2012, bitcoin’s price languished for more than a month. In 2016, its price dropped and took four months to get back to even. In 2020, its price stayed flat for two months. See for yourself: Don’t be surprised if we get a similar outcome this time.

Anyway, how sure are you that Aunt Sally, Uncle Morton, and the pickleball crew haven’t already gotten their 1–3% allocation? If that’s the case, they have no reason to put more money into the ETFs. One less point: ETFs let people buy . So far, we’ve seen a lot of buying and not a lot of selling. and sell What happens when that changes? In recent weeks, net inflows have crashed. Some days, they’re negative.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 532. in COİN

Coin Coin Latest News, Coin Coin Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Bitcoin & Bitcoin Cash Among Top Crypto Gainers as Crypto Prices Pump: What About Green Bitcoin?Crypto Blog
Source: Crypto_Potato - 🏆 568. / 51 Read more »

Bitcoin Cash & Bitcoin SV Pumping as Bitcoin Minetrix Nears Exchange ListingCrypto Blog
Source: Crypto_Potato - 🏆 568. / 51 Read more »

Bitcoin (BTC) Price Driven by "Bigger Forces" Than ETFs: Top AnalystBitcoin ETFs might not be the main driving force behind the Bitcoin price action
Source: Utoday_en - 🏆 295. / 63 Read more »

Once unprofitable BTC miners are turning their machines back on — AnalystPreviously unprofitable Bitcoin miners may now be coming back online amid Bitcoin’s recent price rise.
Source: Cointelegraph - 🏆 562. / 51 Read more »

How to "Become The Money" - Bitcoiner Michael Saylor Shares GuidanceVocal Bitcoin advocate Michael Saylor has issued a key Bitcoin statement to the community
Source: Utoday_en - 🏆 295. / 63 Read more »

Roger Ver Issues Crucial Ross Ulbricht Bitcoin (BTC) X PostBitcoin Cash advocate Roger Ver highlights the importance of Ross Ulbricht’s work for Bitcoin adoption
Source: Utoday_en - 🏆 295. / 63 Read more »