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Author Topic: What has been the bitcoin price performance since the halving?  (Read 45 times)

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CoinGecko analysts analyzed each of the cycles, determining the average growth after the event - 3230%.

This figure was largely influenced by the first halving, when the exchange rate increased by 8858% - from 12$ to 1075$ over the next 12 months. The inflation of the first cryptocurrency dropped from 25.75% to 12%.

After the second halving, the exchange rate went from 650$ to 2560$ (294%) during the same period. Inflation: 8.7% → 4.1%.

The third halving resulted in a 540% increase in the quote from 8727$ to 55,847$. Inflation: 3.7% → 1.8%.

CoinGecko noted that although bitcoin is "better positioned than ever" thanks to ETFs, the halving is only a baseline.

Even projected inflation, which could make demand even higher after the fourth event, does not guarantee immunity from a number of factors: selling pressure, perception, global market liquidity, regulation, macroeconomic trends and market events.
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After halving, bitcoin performance not promising yet keep going down every time and currently keep stable around $61k, its not significant increasing actually one month before halving moment after bitcoin success break out to the higher price and reach new ATH. I think the moment for bitcoin up and make another ATH seems bit difficult and need longer time take break for raising up to $73k or raise new ATH price.
Keep be patience for short term trading how market current condition and need to find potential altcoin faster movement because bitcoin seems stable and difficult increasing drastically.

 

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