The history of Bitcoin after 1 year of Bitcoin Halving!

in Tron Fan Club7 months ago

bitcoin-5675758_1280 (5).webp
Image collect Pixabay


Assalamu Alaikum

how are you all Hope everyone is doing well, Finally Bitcoin Halving is complete! A question of many before the ETF was approved, there was a Hype in the market, and I saw a huge pump in all ALT Coins. But this time Halving has happened but there is not much hype in the market. In fact, it is a wrong idea to pump on the occasion of Halving. Halving means if we share it with you briefly, Bitcoin Mining Reward is halved every four years. Yesterday, Bitcoin completed its 4th halving. And due to halving, the selling pressure of Bitcoin in the market decreases, so I think the market will gradually go up, because Bitcoin miners will still sell their mined Bitcoins, then the sale amount will gradually decrease to half. Halving completed 3 more times in the past, And every time the BullRun starts after Halving, Today we will know the past Halving History, what was the price of Bitcoin 1 year after the completion of the past Halving -

bitcoin-6856507_1280 (2).webp
Image collect Pixabay


1st Halving 2012

The first halving happened in 2012, at the time of the halving, the price of Bitcoin was $12, just one year after the halving, it went from $12 to $964.

2nd Halving 2016

The 2nd halving happened in 2016, at the time of halving, the price of Bitcoin was $663.
Bitcoin goes to $2550 exactly 1 year after Halving!

3rd Halving 2020

Bitcoin is halving for the 3rd time in 2020, at the time of halving, the price of Bitcoin was $8740, after 1 year, the price of Bitcoin was $55801.

4th Halving 2024

Bitcoin's 4th halving is in 2024, at the time of halving, the price of Bitcoin is $64380.
Now I want to know your opinion on how much Bitcoin can go after the next 1 year.

bitcoin-7168736_1280.webp
Image collect Pixabay


My opinion is from past events it is clear that after next 1 year Bitcoin can go to $100K,
However, before the BullRun starts, the market can take correction again!
I hope everyone understands, I am ending today here, everyone be well and stay healthy, Allah-Hafez

Sort:  
 7 months ago 

The historical performance for the Bitcoin has been very good so far and as you have mentioned that 100K is possible after 1 year so I agree with this.

I'm so inspired if you comment! Thank you for being there

 7 months ago 

If we look at the past Bitcoin Halves we can see that Bitcoin has increased almost sevenfold in the last time since the halving was completed. If it triples this year, Bitcoin's price could exceed $180,000.

Right, i agree with you,thanks for reading

Every halving was historic. Hope this one will be more good. I hope bit coin will hit 100k$ soon.

I agree with you that Bitcoin will set new records again

Thanks for sharing this kind of post, you explained very easily about 1 year of bitcoin halving history.

Thank you, too, for reading my entire post

From the data you mentioned, every time bitcoin price has seen an upward movement after halving, I hope bitcoin price will go to a good level again this time. And what you said that the market may correction again, I think everyone should be prepared for it and at the same time keep some dollars free to invest.

Such comments inspire me to share more good things, thanks.

Very detailed information you have shared regarding past data and performance of Bitcoin after it halves, indeed your expectations of $100k Bitcoin from here is realistic, sound and logical.

I agree with you! Thank you very much for the nice comment

Good explained brother. Thank you so much for this. Go ahead. Best of luck.

Thank you so much for being there!

Coin Marketplace

STEEM 0.18
TRX 0.16
JST 0.029
BTC 76491.95
ETH 2940.27
USDT 1.00
SBD 2.64