All Bitcoin Halvings - Everything You Need To Know (2020 Update)

Written by rektcapital | Published 2021/01/01
Tech Story Tags: bitcoin | bitcoin-spotlight | btc | bitcoin-halving | halving-impact-bitcoin-price | halving | crypto | hackernoon-top-story

TLDR Bitcoin has rallied 12,000%-13,300% in each of its Halvings to date. A new Market Cycle high tends to be made just before the Halving but it doesn’t eclipse the old All-Time High. A retrace of Bitcoin’s price will occur prior to a Halving #3. Bitcoin has always reached a new All-time High as a result of the Bitcoin Halving. Bitcoin's first Halving was a key catalyst that spurred significant growth and a new bull cycle for Bitcoin. The third Halving took place in May 2020.via the TL;DR App

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Written by rektcapital | Cryptocurrency trader. Author of the Rekt Capital Newsletter
Published by HackerNoon on 2021/01/01