🕗 Countdown: Halving 2024

Post-Halving Bitcoin Future: Don’t Be Left Out!

Bitcoin had a reduction in its issuance, bringing greater scarcity to the currency, understand how this will impact your investments.

A Bitcoin Broken in the Middle

What is Halving?

The Bitcoin Halving is an event that halves miners’ rewards, directly affecting the issuance of the cryptocurrency. With the 2024 Halving now complete, the reward has dropped to 3,125 bitcoins per block, intensifying the currency’s scarcity and potentially its market value.

This event, which occurs every 210,000 blocks, is a pillar in the Bitcoin economy as it adjusts scheduled inflation and impacts supply. With Halvings expected to continue, they are expected to influence supply and demand dynamics until the last bitcoin is issued.

Projected to end around 2140, the Halving cycle will continue until the maximum limit of 21 million bitcoins is reached. After this, there will be no further issuance of bitcoins, completing the deflationary and scarcity design predefined by Bitcoin creator Satoshi Nakamoto.

How Bitcoin behaved in the last Halvings?

2012: First Halving

In November 2012, after the first halving, Bitcoin saw an increase of over 9,900% in the following year, marking the beginning of its upward journey.

2016: Second Halving

The second halving in July 2016 led to a price increase of around 300% in one year, consolidating Bitcoin as a serious asset in the financial market.

2020: Third Halving

Following the May 2020 halving, Bitcoin witnessed a monumental jump of over 500% in one year, highlighting its resilience and attraction as a safe-haven asset.

Halving 2024: How Bitcoin has been behaving?

After the 2024 Halving, Bitcoin faced a period of price decline, defying post-Halving bullish expectations. However, this bearish scenario is being seen by many investors as a buying opportunity.

The price reduction can be attributed to a number of factors, including increased competition from new cryptocurrencies, stricter regulations in some regions, and environmental concerns related to mining.

Despite this, the drop in prices offers an attractive entry point for new investors and those who believe in Bitcoin’s long-term potential. Many see these declines as a chance to accumulate more assets at a lower cost, anticipating future appreciation.

Miner Looking at Charts

Bitcoin price on Halving day

R$ 334.032,98

Current Bitcoin Price

R$ 319.997,00

Variation

-4,20%

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The Halving has passed, but the opportunities are just beginning.

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