2020-3-18 23:22 |
The impact of the block reward halving on Bitcoin price is grossly overestimated, according to famous trader Peter Brandt
Similar to Notcoin - Blum - Airdrops In 2024
|
Still expect Bitcoin (BTC) to rally after the halving? Peter Brandt explains why you are most likely wrong.
2020-3-17 17:27 | |
|
|
|
Аналог Notcoin - Blum - Играй и зарабатывай Монеты
|
A lot has changed since Bitcoin's release 15 years ago. Many other distributed database networks have been created, each with its own functionality and potential use cases.
Is the halving priced in or not? Will it tank the bitcoin mining industry? Or accelerate adoption? Here's what experts and community members are saying about the fourth and perhaps most anticipated halving.
Bitcoin is within an accumulation range, and trader Rekt Capital points out two possible distinct scenarios.
Bitcoin's price has begun a recovery, trading above $68,5K as the day continues.
Early miners are sending their old block rewards to exchanges, contributing to selling pressure as bitcoin retreats from testing all-time highs.
Expectations that U.S. regulators will approve spot bitcoin ETFs next year are driving prices higher. History suggests we might see a slowdown as we approach the halving in April 2024, says Path Crypto's David Liang.
The Bitcoin Halvening (or halving) is a significant moment in Bitcoin’s history; this pre-programmed event protects Bitcoin from inflation and helps ensure a degree of scarcity for the digital asset.