Will Bitcoin halving put Bitcoin price on half, or will double? [Video]

Gregor Horvat Wavetraders

Bitcoin Halving is coming soon, so what to expect after that?

Looking at different times when crypto went through a halving, which cuts the reward for mining in half, the reaction in price right after isn’t always the same. After the 2012 halving, prices shot up, but in 2016 and 2020, things stayed pretty flat before they decided which way to go.

What’s important to remember is that what happens right after a halving might surprise us—it doesn’t always do what most people expect. But if we’re patient and looking at the long run, usually these events mean prices might go up because there’s less new crypto coming out.

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Author

Gregor Horvat

Wavetraders

Experience Grega is based in Slovenia and has been in the Forex market since 2003.

XRP steadies in narrow range as fund inflows, futures interest rise

Ripple is trading in a narrow range between $1.45 (immediate support) and $1.50 (resistance) at the time of writing on Monday. The remittance token extended its recovery last week, peaking at $1.67 on Sunday from the weekly open at $1.43.

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