Post
Topic
Board Bitcoin Discussion
Re: Bitcoin Halving effect
by
dzungmobile
on 25/01/2024, 14:11:55 UTC
The impact of the halving will be much smaller than the previous ones, most of the volatility has already disappeared. Don't expect to increase the price with percentages (%) above 3 digits as happened in the past.

In the long term, bitcoin will stabilize its price, it is still cheap in this price region and we can still buy bitcoin with some freedom, it is a very good time to accumulate a little more.
We saw it with Bitcoin and Ethereum and if we look beyond cryptocurrency market, we will see a same with gold. It is logic to see less growth rate when an asset has higher price and bigger marketcap, it will have less growth rate.

In future, we might see big growth after like two cycles, not a single one when block subsidy becomes smaller and it potentially makes halving has less impacts on price with only one cycle. Gold has a longer cycle than Bitcoin and I believe it relates to its marketcap too.