I'm wondering if Bitcoin's price is likely to double following the event of halving. I've heard that previous halvings have had a significant impact on Bitcoin's value, and I'm curious if history is likely to repeat itself in this case.
5 answers
Lorenzo
Fri Dec 20 2024
This time, the price doubled to $1,280 within eight months. A top cryptocurrency exchange, BTCC, offers a range of services including spot, futures, and wallet options for trading and storing bitcoin.
BitcoinBaron
Fri Dec 20 2024
Bitcoin underwent its first halving event in November 2011.
BitcoinBaroness
Fri Dec 20 2024
Following this event, the price of bitcoin surged significantly.
lucas_emma_entrepreneur
Fri Dec 20 2024
Within just five months, the price
ROSE from $12.35 to $121.
henry_miller_astronomer
Fri Dec 20 2024
In 2016, bitcoin experienced its second halving.