PlanB’s stock-to-flow model indicates that Bitcoin’s halving cycle is yet to run out of steam, which may result in a short-term price rally towards a peak of around $100k. However, as we can see from the history of the coin, a crash is inevitable also – though BTC has never dipped below its pre-halving prices.
Read moreWhat will happen to Bitcoin price after halving?
What is ‘the halving’? Simply put, a Bitcoin halving is the process of halving the rewards of mining Bitcoin after each set of 210,000 blocks is mined. By reducing the rewards of mining Bitcoin as more blocks are mined, a Bitcoin halving limits the supply of new coins, so prices could rise if demand remains strong .
Read moreShould I sell Bitcoin before halving?
If you own some bitcoins, there’s really nothing you need to do before, during or after the halving . The bitcoins in your wallet or at an exchange will remain just as safe as they were before the halving.
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