Willmartinzo
Contributor
Let's delve into Bitcoin's halving journey for intriguing insights:
First BTC Halving (November 2012): Bitcoin's pre-halving price stood at $12, skyrocketing to an astounding $1,146 by November 2013, marking a staggering 95-fold increase!
Second BTC Halving (July 2016): With Bitcoin priced at $658 pre-halving, its value surged to an impressive $20,089 by December 2017, experiencing a remarkable 30-fold surge!
BTC's Third Halving (May 2020): Trading at $8,800 before the halving, Bitcoin's price soared to $69,000 by November 2021, marking an impressive 8-fold increase!
Now, with Bitcoin's fourth halving on the horizon in April 2024, speculation arises: What will the price be, and how many doubling cycles can it undergo?
First BTC Halving (November 2012): Bitcoin's pre-halving price stood at $12, skyrocketing to an astounding $1,146 by November 2013, marking a staggering 95-fold increase!
Second BTC Halving (July 2016): With Bitcoin priced at $658 pre-halving, its value surged to an impressive $20,089 by December 2017, experiencing a remarkable 30-fold surge!
BTC's Third Halving (May 2020): Trading at $8,800 before the halving, Bitcoin's price soared to $69,000 by November 2021, marking an impressive 8-fold increase!
Now, with Bitcoin's fourth halving on the horizon in April 2024, speculation arises: What will the price be, and how many doubling cycles can it undergo?