🚀Bitcoin & Halving: The Cycle That Changes Everything 💸
This chart shows how #BTC price often reacts to halving events.
The green area indicates a bullish phase, while the red area indicates a bearish correction phase.
What does halving mean?
This is the time when the reward for mining the BTC block is halved. This occurs every ~210,000 blocks, or approximately every 4 years. This is an integrated deflationary mechanism that limits the supply of BTC to 21 million coins.
📈 The chart shows what:
— After the first halving in ( in 2012): the price rose from 2 dollars to 1242 dollars
— After the
View OriginalThis chart shows how #BTC price often reacts to halving events.
The green area indicates a bullish phase, while the red area indicates a bearish correction phase.
What does halving mean?
This is the time when the reward for mining the BTC block is halved. This occurs every ~210,000 blocks, or approximately every 4 years. This is an integrated deflationary mechanism that limits the supply of BTC to 21 million coins.
📈 The chart shows what:
— After the first halving in ( in 2012): the price rose from 2 dollars to 1242 dollars
— After the