Analysis: Bitcoin has only risen 43.4% since its fourth halving, far lower than the market performance after the previous three halvings

avatar
PANews
04-26
This article is machine translated
Show original

PANews reported on April 26 that according to Decrypt, since the fourth Bitcoin halving in April 2024, BTC price has only risen by 43.4%, far lower than the increases of 7,000%, 291%, and 541% recorded after the previous three halvings, marking the worst performance after a Bitcoin halving.

Analysis suggests that macroeconomic uncertainty, trade policies of the Trump administration, ETF fund outflows, and market structural changes have collectively weakened the price increase effect of the halving. Additionally, as the Bitcoin market gradually matures, price volatility has decreased, with its 60-day volatility dropping from 200% in 2012 to around 50% currently, indicating a potentially more stable but limited growth trend in the future.

Source
Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
Like
3
Add to Favorites
4
Comments