Bitcoin after halving

In light of recent events in the cryptocurrency world, CoinGecko analysts have presented new data that confirms that after each Bitcoin halving, its value increases on average by 3230% over the next 12 months. This statistical increase in the price of Bitcoin after each halving shows a significant increase, which, however, is accompanied by a decrease in profitability.

After the first halving in 2012, the price of Bitcoin increased by 8858%, and after the second halving in 2016, by 294%. The third halving in 2020 led to a price increase of 540%. This data highlights that after each Bitcoin halving, its value increases significantly, which is a key factor in its price performance.

However, analysts also note that profitability decreases after each halving. This is due to the fact that with each decrease in the reward for miners, the supply of new bitcoins is halved. This factor plays a key role in reducing profitability after each halving.

Despite the decline in yields, CoinGecko analysts are confident that the price of Bitcoin will continue to rise if demand exceeds the current inflation rate of 1.74%. This expectation is especially relevant in the context of the fourth halving, which is expected in April 2024. Bitcoin halving is a mechanism to curb inflation, and as the influx of new coins decreases, the price of existing bitcoins becomes more attractive. This leads to an increase in demand and, therefore, an increase in price.

In conclusion, CoinGecko analysts emphasize that, despite the decrease in profitability after each halving, Bitcoin continues to show significant growth in price. They also highlight that after the fourth halving, which is expected in April 2024, the price of Bitcoin is expected to rise if demand exceeds current inflation. This highlights the importance of monitoring and analyzing data in the cryptocurrency world to understand price dynamics and predict future trends.