What can we expect from todays (probably) Bitcoin halving?

Historically, Bitcoin’s price has shown dramatic increases after halving events and we’re hours away from the fourth such event and the Bitcoin price at the time of writing stands at  €60,607.23 (down 8% over the last 7-days).

The first halving occurred on November 28th, 2012, when the mining reward, you guessed it, dropped from 50 BTC to 25 BTC, resulting in Bitcoin’s price skyrocketing from a mere $12 to $1,075 within a year, an eyewatering 8,858% increase.

The second halving, on July 9th, 2016, saw Bitcoin experience a 294% price increase from $650 to $2,560 over the following year.

The most recent. third halving , occurred on May 11, 2020 and saw Bitcoin’s price climb from $8,727 to approximately $55,847 by the following year, again an eyewatering gain of 540%.

Despite this, at the same time there’s a surge in buying prior to the halving, hoping to capitalise on the surges, meaning to a certain extent the halving is already priced in. However FOMO (fear of missing out) is strong around the halving, adding a further lay of complexity and uncertainity.

This uncertainty and the possibilities generated are precisely where our AI-powered trading platform has excelled since 2023. The ability to factor in all the above, real-time market conditions (don’t forget Bitcoin is a 24-hour Market!), social signals and split-second decisions and trades mean that whatever direction the price will go, our partners will be happy.

For the long term holders out there, strong hands and patience are they key, with little reason to see that there won’t be a 100% increase in price over the next 12 months.