The consensus is that halving is bullish as it halves the pace of supply expansion, creating a demand-supply imbalance in favor of a price rise, assuming the demand side remains unchanged or strengthens. Bitcoin chalked out stellar rallies, setting new record highs over 12-18 months following the previous halvings, which occurred in November 2012, July 2016, and May 2020.
Related posts
-
Bitcoin Price (BTC) Tops $65K, With BlackRock’s IBIT Adding $184M in Inflows
With BTC’s rising price comes a renewed interest in the recently flagging U.S.-based spot bitcoin ETFs.... -
Bitcoin Price (BTC) Rose 1.9% While Ether Price (ETH) Gained 2.0%
Please note that our privacy policy, terms of use, cookies, and do not sell my personal... -
The necessity to avoid a Bitcoin halving hangover
Disclosure: The views and opinions expressed here belong solely to the author and do not represent...