the next Bitcoin halving is approaching

The next Bitcoin halving is on the horizon, scheduled to take place in under 50 days. This critical event, which transpires approximately every four years, profoundly influences the cryptocurrency's network and its market behavior.

Below, you will find a graph that showcases the effects observed after the previous three halvings that happen in 2012, 2016, and 2020.

Bitcoin Halvings: History of BTC prices

Currently, Bitcoin's value has reached USD $65,000, closely approaching its all-time high of $69,045 recorded on November 10, 2021. Given the current trajectory, it is anticipated that Bitcoin will surpass its all-time high before the halving event, potentially climbing to USD $100,000 post-halving.

Few stocks are related to BTC that I am holding - 

1) $MicroStrategy(MSTR)$ which holds the most BTC among US listed companies.

2) $Coinbase Global, Inc.(COIN)$ which was the second largest crypto exchange.

3) $iShares Bitcoin Trust(IBIT)$ which is the Bitcoin ETF.

# BTC Rebound: A New Rally or Bull Trap?

Modify on 2024-03-05 09:46

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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  • HengHuat
    ·03-05
    TOP
    those big time investors behind the rise and fall of this idiotic market are at work again
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    • HengHuatReplying toEricdao
      I see. This is quite insightful. Thank you
      03-08
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    • Ericdao
      They aren't investor, they r shark, ready to tear u apart. Asian will likely be affected as most r gambler. US got rid of all the providers n let Blackrock have the final gain. Not for investment but pure gamble
      03-05
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    • hawshy
      Follow the trend. [smile]
      03-05
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  • Great ariticle, would you like to share it?

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  • Robbiemeow
    ·03-05

    Great ariticle, would you like to share it?

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  • O_Honeydew
    ·03-06

    Great ariticle, would you like to share it?

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  • Home22
    ·03-05
    Great ariticle, would you like to share it?
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  • KSR
    ·03-05
    👍
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