Should You Buy BTC Now That Bitcoin Halving Event Has Concluded?

Should investors buy BTC now that the bitcoin halving has concluded? We look at various arguments from top crypto analysts to gauge what actions you should take now. The just-concluded BTC halving has come at a time when institutional markets and individuals are investing in bitcoin than ever before On May 12, 2020, bitcoin underwent the much-awaited 3rd halving event, which led to the number of new coins awarded to the computer wizards who "mine" the cryptocurrency being cut in…

Based on History, Bitcoin May Incur a Brutal Crash After Halving

Bitcoin rewards halving is scheduled to happen in the next eight days and there has been debate in the cryptocurrency space regarding its short-term influence. It is undisputable that it will bring about a bullish price action in the long-term because it will cause a 50 percent annual inflation reduction for Bitcoin. However, in the short-term basis, its effects are quite speculative, and it is not easy to consider it historically due to limited data sets. However, according to an…

The Risk of a Post-Halving Price Dumping Limited By the Coronavirus Pandemic

A cryptocurrency market crashed has ensured thanks to the coronavirus pandemic. However, crypto experts believe the crash has reduced the risk of a halving price dump and has possibly started a Bitcoin bull run. Chainalysis played host to several industry experts for an online panel discussion a few hours ago. The discussion was concerning the coronavirus effect on Bitcoin and its roadmap. Chris Bendikson of CoinShares sees last month's crash as helpful to miners. It gave them early preparation for…

Bitcoin Halving Beginner’s Guide: All You Need to Know

Considered one of the most important events in the Bitcoin community, the Bitcoin reward halving is the process by which the incentives available to miners decrease by half of what it currently is. The Bitcoin Halving mechanism was put in place by founder Satoshi Nakamoto to incentivize the network and slowly distribute the 21 million currency supply. Historically, the Bitcoin reward halving has been known to be a prelude to a monumental bull run. On 9 July 2016, the market…

Bitcoin Stock-to-Flow Model Creator Expects Its Price to Stay At $10k

The bitcoin stock-to-flow model creator, Plan B, is confident that the coin's price will stay around $10,000 after the halving. He is even more optimistic of its future price, expecting a gradual climb to the $100,000 model value by December 2020. The stock-to-flow (S2F) model aims to make predictions of the Bitcoin (BTC) price based on its supply cuts. Many investors, however, criticize this, holding the view that BTCs price is rather demand-driven. Regardless of the criticism, a host of…