Result When the halving occurs the amount of Bitcoin entering the blockchain is cut in half and this reduction in supply of new coins leads to an increase in price. Result Historically bitcoin price goes up after every last halvings Tightening of supply with stable demand theoretically will increase price. Result At the halving the reward for miners is cut by half So they payout of 125 bitcoin per hash at an average price of 3 k is 375 k. Historically the halving pattern has been that 6-8 months after a halving the price begins to rise because of supply and demand. Result In the case of the halving the existing daily volume doesnt impact supply or demand so its not a driver of price just a neutral fact..
Reddit
Result When the halving occurs the amount of Bitcoin entering the blockchain is cut in half and this reduction in supply of new coins leads to an increase in price. Result Historically bitcoin price goes up after every last halvings Tightening of supply with stable demand theoretically will increase price. Result At the halving the reward for miners is cut by half So they payout of 125 bitcoin per hash at an average price of 3 k is 375 k. Historically the halving pattern has been that 6-8 months after a halving the price begins to rise because of supply and demand. Result In the case of the halving the existing daily volume doesnt impact supply or demand so its not a driver of price just a neutral fact..
Reddit
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