{"id":5611,"date":"2024-03-15T08:04:46","date_gmt":"2024-03-15T01:04:46","guid":{"rendered":"https:\/\/wam.vn\/en\/?p=5611"},"modified":"2024-03-15T08:04:46","modified_gmt":"2024-03-15T01:04:46","slug":"what-to-expect-from-bitcoin-halving-where-will-the-price-go","status":"publish","type":"post","link":"https:\/\/wam.vn\/en\/what-to-expect-from-bitcoin-halving-where-will-the-price-go\/","title":{"rendered":"What to Expect From BITCOIN HALVING!! Where Will The Price Go??"},"content":{"rendered":"<p><em><strong>TLDR<\/strong>: Bitcoin Halving 2024 may trigger a price rally, influenced by reduced supply, demand stability, and economic policies; historical patterns offer clues but warrant caution.<\/em><\/p>\n<p>This article is a summary of a You Tube video &#8220;What to Expect From BITCOIN HALVING!! Where Will The Price Go??&#8221; by CoinGecko<br \/>\n<iframe title=\"YouTube video player\" src=\"https:\/\/www.youtube.com\/embed\/6fzBZHaj59Y?si=79FzjYFlCjcVSVzY\" width=\"560\" height=\"315\" frameborder=\"0\" allowfullscreen=\"allowfullscreen\"><\/iframe><\/p>\n<h3>Key Takeaways:<\/h3>\n<ol>\n<li><strong>Bitcoin Halving Event Timing:<\/strong> Scheduled for April 21, 2024, historically precedes bull runs.<\/li>\n<li><strong>Importance of Halving:<\/strong> Reduces bitcoin supply by halving miner rewards, impacting miner profitability and necessitating higher bitcoin prices.<\/li>\n<li><strong>Historical Patterns:<\/strong> Previous halvings have led to significant price rallies and cycle bottoms and tops around specific times pre- and post-halving.<\/li>\n<li><strong>First Halving (2012):<\/strong> Saw a dramatic increase from $2.54 to a peak of $1242 post-halving.<\/li>\n<li><strong>Second Halving (2016):<\/strong> Bitcoin price rose from $269 pre-halving to $19,804, marking a 2869% increase post-halving.<\/li>\n<li><strong>Third Halving (2020):<\/strong> Price moved from $7215 pre-halving to an all-time high of $69,000, a 687% gain post-halving.<\/li>\n<li><strong>Demand Is Key:<\/strong> For a rally post-halving, stable or increasing demand for bitcoin is crucial.<\/li>\n<li><strong>Correlation with Risk-on Assets:<\/strong> Bitcoin\u2019s performance historically aligns with the S&amp;P 500, indicating shared investor sentiment towards riskier assets.<\/li>\n<li><strong>Impact of Economic Policies:<\/strong> Federal Reserve\u2019s interest rate decisions can significantly affect bitcoin and other risk assets.<\/li>\n<li><strong>Caution Advised:<\/strong> Past performance is not a reliable indicator of future results, emphasizing the speculative nature of investing in bitcoin around halving events.<\/li>\n<\/ol>\n","protected":false},"excerpt":{"rendered":"<p>Bitcoin Halving 2024 may trigger a price rally, influenced by reduced supply, demand stability, and economic policies; historical patterns offer clues but warrant caution.<\/p>\n","protected":false},"author":3,"featured_media":5612,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[39],"tags":[],"class_list":["post-5611","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-crypto","category-39","description-off"],"_links":{"self":[{"href":"https:\/\/wam.vn\/en\/wp-json\/wp\/v2\/posts\/5611","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/wam.vn\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/wam.vn\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/wam.vn\/en\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/wam.vn\/en\/wp-json\/wp\/v2\/comments?post=5611"}],"version-history":[{"count":1,"href":"https:\/\/wam.vn\/en\/wp-json\/wp\/v2\/posts\/5611\/revisions"}],"predecessor-version":[{"id":5613,"href":"https:\/\/wam.vn\/en\/wp-json\/wp\/v2\/posts\/5611\/revisions\/5613"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/wam.vn\/en\/wp-json\/wp\/v2\/media\/5612"}],"wp:attachment":[{"href":"https:\/\/wam.vn\/en\/wp-json\/wp\/v2\/media?parent=5611"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/wam.vn\/en\/wp-json\/wp\/v2\/categories?post=5611"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/wam.vn\/en\/wp-json\/wp\/v2\/tags?post=5611"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}