In the 2020 Bitcoin halving mining rewards will drop from 12.5 Bitcoins per block, to 6.25 Bitcoins per block.
At the time of the 2020 halving, 18,375,000 Bitcoins will have been mined in total. That’s approximately 85% of the total Bitcoin supply.
What will the Bitcoin price be at the halving?
Right after the first halving in 2012, the Bitcoin price rose from $12 to $140. Weeks after the second halving in 2016, Bitcoin started a rally that propelled its price from $582 to $20,000.
This video provides the exact price range to expect at the halving and looks at the possible height of the bull market following.
https://www.youtube.com/watch?v=UKHI_-SIcDU
We are all aware of the different nature of BTC. So we do not know what will happen until or after halving. Maybe the price will go down as it does today, maybe it will increase as unexpected. The previous ones had an impact on the price, and I hope we will get the same result from the next halving. For now, the important thing is whether the price will reach $6900 level and the next moves.
The best pro athletes also make the sports they excel out look easy. The truth is there is nothing easy about it.
Same here. Nothing easy about it.