Cryptocurrency Q&A
Will Bitcoin dump after halving?
Will Bitcoin dump after halving?
Silvia
Thu Nov 28 2024
|
5 answers
909
I'm wondering if Bitcoin is likely to experience a significant price drop, commonly known as a dump, following the event of halving, where the block reward for mining new Bitcoins is reduced by half.
5 answers
CharmedVoyager
Sat Nov 30 2024
Historically, the cryptocurrency tends to experience a surge in value.
Was this helpful?
251
88
KpopStarlet
Sat Nov 30 2024
Bitcoin's price movement often exhibits a specific pattern after a halving event.
Was this helpful?
111
29
Margherita
Fri Nov 29 2024
This upward trend can persist for several months following the halving.
Was this helpful?
345
46
CherryBlossom
Fri Nov 29 2024
On average, Bitcoin's price continues to rise for about seven months.
Was this helpful?
127
59
Elena
Fri Nov 29 2024
This period of growth is a common observation among market analysts.
Was this helpful?
75
68
