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I analyzed the Last 3 Bitcoin halvings here's what I think will happen after the 2024 halving

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by COINS NEWS 93 Views

Hi

If you've never experienced a Bitcoin halving before, or if you have but are unsure what to expect, I've done a bit of research based on the last halvings. Here's what i have.

The halving occurs every four years, cutting the reward for mining new blocks in half. The next halving will reduce rewards from 6.25 to 3.125 BTC.

Historical Price Impacts:

  • 2012 Halving: Bitcoin's price surged approximately 9308% in 13 months.
  • 2016 Halving: Saw a 2861% increase over 17 months.
  • 2020 Halving: Resulted in a 620% increase in 11 months.

Based on some napkin math the BTC can reach a 162% price increase post-halving, with the peak expected around 420 days (14 months).

inb4 no one knows shit about anything. It's a probability game.

What's your take.

here's the article and i also made a video version you can watch.

submitted by /u/xtarsy
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