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Topic: Multi-Billion Crypto Manager Sees Next Halving Triggering Bitcoin Price Boom (Read 133 times)

jr. member
Activity: 236
Merit: 4
I think everyone is really watching and wondering what the halving will happen to the coin. I guess we could wait and watch to see what happens to litecoin and then btc this time next year
copper member
Activity: 12
Merit: 0
In the past six months, the bitcoin price has increased from around $4,000 to $8,000, recording a staggering 115 percent year-to-date gain against the U.S. dollar.

Historically, the bitcoin price has tended to recover a year before and after the block reward halving, a mechanism that decreases the rate in which new bitcoin is produced by miners by half.

Grayscale, an investment firm that oversees more than $2 billion in assets under management in products such as the widely utilized Bitcoin Investment Trust (GBTC), sees the halving offering an attractive entry point for investors.

https://www.aiatoken.com/
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