Crypto Analyst Tom Wan: Bitcoin Halving in 28 Days Expected to Drop Inflation, Boost Positive Return

Tom Wan, a renowned crypto analyst, provides helpful insights into the upcoming Bitcoin

2024-03-23 04:10:16   作者:  Pluto2023

Tom Wan, a renowned crypto analyst, provides helpful insights into the upcoming Bitcoin halving, which is just 28 days away: 1. The imminent Bitcoin block reward halving will slash the reward from 6.25 to 3.125. This will result in a drop in the inflation rate from approximately 1.8% to around 0.9%. 2. Historical data suggests that investing in Bitcoin on the dates of the halvings and holding through the cycles yields strong returns. If an investor purchases Bitcoin on any date before each halving cycle and sells it on any date after the halving (but before the next one), they will achieve win rates between 77% to 100%. 3. Despite the decrease in block rewards due to halving, the potential increase in Bitcoin's price can compensate for the miner's revenue losses. It's important to note this is not definite and that a miner's profitability always depends on factors such as electricity costs and equipment efficiency. 4. The recent halving cycle made history by producing three new all-time highs (ATHs): the first at $63k (340 days post-halving), the second at $67k (550 days post-halving), and the third at $73k (1405 days post-halving). Investors await the upcoming halving with anticipation, given the historical precedent of increased returns and market dynamism following such key events in the Bitcoin lifecycle.

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