2024

Bitcoin

April

<p>The post <a href="https://coinpedia.org/news/bitcoin-halving-in-19-days-heres-the-best-investment-strategy-for-the-next-6-12-months/">Bitcoin Halving In 19 Days: Here’s the Best Investment Strategy for the Next 6-12 Months</a> appeared first on <a href="https://coinpedia.org">Coinpedia Fintech News</a></p> 
<p>As Bitcoin’s fourth halving approaches within the next 19 days, the crypto markets are currently witnessing sideways movement. However, historical data reveals a compelling trend, after each previous halving, <a href="https://coinpedia.org/news/bitcoin-halving-approaches-btc-price-eyes-74k-mark-amidst-market-volatility/">Bitcoin has experienced</a> significant price pumps, ranging from 800% to an impressive 8,000%.</p> 
<p>With the 4th upcoming halving set to reduce the block reward down to 3.125 from 6.25 BTC, anticipation builds around how Bitcoin will respond to this pivotal event.</p> 
<h2 class="wp-block-heading" id="h-bitcoin-historical-performance">Bitcoin Historical Performance</h2> 
<p>Renowned crypto investor EvanLuthra.eth has drawn attention to Bitcoin’s historical performance following previous halving events. These halving’s play a crucial role in preserving Bitcoin’s scarcity and driving its long-term value higher.&nbsp;</p> 
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   <p lang="en" dir="ltr">The <a href="https://twitter.com/hashtag/Bitcoin?src=hash&amp;ref_src=twsrc%5Etfw">#Bitcoin</a> halving is just 19 days away!<br><br>History shows, Bitcoin has pumped tremendously after each halving:<br><br>– 1st Halving: +8,000%<br>– 2nd Halving: +3,000%<br>– 3rd Halving: +800%<br><br>But the question is, will it do the same after the 2024's halving?<img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f914.png" alt="🤔" class="wp-smiley" style="height: 1em; max-height: 1em;"><br><br>Let's explore: <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f9f5.png" alt="🧵" class="wp-smiley" style="height: 1em; max-height: 1em;"> <a href="https://t.co/sn49ou20b4">pic.twitter.com/sn49ou20b4</a></p>— EvanLuthra.eth (@EvanLuthra) <a href="https://twitter.com/EvanLuthra/status/1774838626846724459?ref_src=twsrc%5Etfw">April 1, 2024</a>
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<p>Since Bitcoin’s inception in 2009, it has experienced three previous halvings, all of which triggered significant price surges.</p> 
<h3 class="wp-block-heading" id="h-first-halving-8000-gain">First Halving, 8000% Gain</h3> 
<p>The <a href="https://www.youtube.com/watch?v=KOfNqL3dxDA&amp;t=2s">first halving occurred</a> on November 28, 2012, reducing the block reward from 50 to 25 BTC. Subsequently, Bitcoin’s price skyrocketed from around $12 to over $1,000 within a year, representing an impressive gain of 8,000%.</p> 
<h3 class="wp-block-heading" id="h-second-halving-3-000-gain-nbsp">Second Halving, 3,000% Gain&nbsp;</h3> 
<p>Following the second halving on July 9, 2016, where the block reward was reduced from 25 to 12.5 BTC, Bitcoin’s price surged from $660 to over $17,000 within 1.5 years, demonstrating a remarkable gain of 3,000%.</p> 
<p>Also Check Out : <a href="https://coinpedia.org/price-analysis/bitcoin-price-begins-to-consolidate-ahead-of-halving-is-this-the-beginning-of-a-bearish-april/">Bitcoin Price Prepares for a 15% Crash Ahead of Halving: Is This the Beginning of a Bearish April?</a></p> 
<h3 class="wp-block-heading" id="h-third-halving-800-gain-nbsp">Third Halving, 800% Gain&nbsp;</h3> 
<p>The third halving, which took place on May 11, 2020, saw the block reward further reduced from 12.5 to 6.25 BTC. Bitcoin’s price surged from approximately $8,600 to over $67,000 within a year, reflecting a substantial gain of 800%.</p> 
<h2 class="wp-block-heading" id="h-what-s-for-4th-halving">What’s For 4th Halving?</h2> 
<p>Now, as the fourth halving approaches, anticipation is high among crypto enthusiasts and investors. With the block reward set to halve from 6.25 BTC to 3.125 BTC, the market dynamics are <a href="https://coinpedia.org/price-prediction/bitcoin-price-prediction/">expected to shift</a> once again. However, the unique maturity of the crypto market today adds an element of unpredictability to the equation.</p> 
<p>Also Read : <a href="https://coinpedia.org/price-analysis/what-should-be-the-bitcoin-trading-strategy-for-this-week-sell-or-buy/">What Should Be the Bitcoin Trading Strategy for This Week: Sell or Buy?</a></p> 
<h2 class="wp-block-heading" id="h-how-halving-will-impact"><strong>How Halving Will Impact?</strong></h2> 
<p>Despite uncertainties, there is a growing anticipation regarding <a href="https://coinpedia.org/news/bitcoin-halving-prediction-btc-price-poised-for-15-in-april-heres-why/">Bitcoin’s performance post-halving</a> and its ripple effect on other cryptocurrencies. The reduction in new Bitcoin issuance, from the current 900 BTC to around 450 BTC per day, is expected to create supply scarcity, potentially driving up demand and prices.</p> 
<p>As the countdown to April 20, 2024, continues, investors remain vigilant, ready to capitalize on potential opportunities in the ever-evolving crypto market.</p>

Bitcoin Halving In 19 Days: Here’s the Best Investment Strategy for the Next 6-12 Months

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