What happens after the Bitcoin halving?

Institutional Crypto Research Written by Experts

Empower Your Trading with Real-Time Blockchain Insights

Blurb: QuickAlerts revolutionizes the way traders and developers interact with blockchain data. By offering real-time alerts for on-chain events, it provides the tools to make informed DeFi trading decisions, integrate blockchain event-driven logic into workflows, and enhance app functionalities with up-to-the-minute data.

👇1-12) A mere two days away, the Bitcoin halving has sparked a self-fulfilling prophecy. Google Trends has ‘Bitcoin Halving’ at its highest ‘search scale’ ever (score 100 vs. the 2020 Bitcoin halving search score of 60). Social media ‘analysis’ has consistently claimed that every prior halving has been bullish for the price of Bitcoin. While the price rally may not be immediate, we are focused on when, not if.

👇2-12) All our 10x Research subscribers know that as the pivotal 68,300 level was broken, the “downside could open to 60,000—if not 52,000,” as we frequently stated (here). Indeed, last night, Bitcoin briefly declined to sub-60,000, and while there was a large buy order in the market at that 60,000 level, we still think Bitcoin could further decline.

👇3-12) When we analyzed all the previous Bitcoin cycles, we realized that prices do not move randomly and that Bitcoin is such a powerful invention because of the incentives structured around it. That’s why pre- and post-halving price developments are predictable, in our view. Below is what we think will most likely happen after the Bitcoin halving.

Subscribe to Premium Membership to read the rest.

Become a paying subscriber of Premium Membership to get access to this post and other subscriber-only content.

Already a paying subscriber? Sign In

A subscription gets you:
Receive concise, unrivalled informative crypto trading strategy reports (2-4x per week).
In just 10 paragraphs, unraveling the complexities and market structure of crypto and its dynamic landscape.
Insights into the intersection of crypto, regulations, macroeconomic trends, and policy shifts.
Apply to join subscriber ONLY Telegram Group. (Please read our Terms and Conditions and Disclaimer @ www.10xResearch.co))