[Special Report] BTC 3rd Halving Preivew
Bitcoin halving will take place sometime in May. Xangle published special report about what happened on-chain after the previous BTC halvings.
- A review of the recent BCH halving (April 8th)
- Previous BTC halving events; Attend closely to BTC hashrate
- Short collection of what named figured in crypto said about the upcoming halving
- ...and more!
According to crypto disclosure platform Xangle, crypto investors should pay close attention to Bitcoin’s hashrate as the halving event is just around the corner - especially since previous halving events show that price follows hashrate.
Xangle report states that Bitcoin hashrate has increased by more than 19,766% in a year since its first halving event in November 28, 2012. Price soared after, gradually increasing by 8,069%. The second Bitcoin halving in July 9, 2016 showed similar results – its price (+284%) followed the hashrate (+248%)
For such reasons, we must attend closely to BTC hashrate. However, this time there are several unexpected variables that might affect the upcoming hashrate, including the coronavirus (hashrate has decreased by 24% already).
Disclaimer
I confirm that I have read and understood the following: The information contained in this article is strictly the opinions of the author(s). This article was authored free from any form of coercion or undue influence. The content represents the author's own views and does not represent the official position or opinions of CrossAngle. This article is intended for informational purposes only and should not be construed as investment advice or solicitation. Unless otherwise specified, all users are solely responsible and liable for their own decisions about investments, investment strategies, or the use of products or services. Investment decisions should be made based on the user’s personal investment objectives, circumstances, and financial situation. Please consult a professional financial advisor for more information and guidance. Past returns or projections do not guarantee future results.
Xangle or its affiliated partners own all copyrights of the written or otherwise produced materials and content provided on the platform. Any illegal reproduction of such content, including, but not limited to, unauthorized editing, copying, reprinting, or redistribution will result in immediate legal actions without prior notice.
![[Xangle RWA Series] Solana RWA: A Look at the Key Players](https://resource.xangle.io/files/content/F779A005246C0299246537AACB3A39F2_1782287059970.webp)
