The post The Q4 of the halving year is bullish appeared on BitcoinEthereumNews.com.

Almost 5 months have passed since Bitcoin completed its fourth halving in history in April, and now highly bullish predictions about the future price of the cryptocurrency are starting to spread. Historically, Bitcoin performs very well in the last quarter of the halving years, with historical performances that bode well for the next 3 months. Another bullish indicator for the price of the cryptocurrency concerns the trend of the miners’ revenue, currently at the lowest point in the last 4 years. Are you ready to see Bitcoin traded at 100,000 dollars?  Analysis of the historical performance of Bitcoin: focus on the post-halving period Before moving on to future predictions of Bitcoin’s price, we must necessarily take a look at the historical post-halving performance of the crypto. In fact, the four-yearly halving event of the block reward usually leads to a general increase in prices, but not all months of that year are positive. Furthermore, the bullish phase that follows the halving is limited by a well-defined time window, as has happened in the last 12 years. It is therefore necessary to understand at least in which phase of the cycle of Bitcoin we are at this moment, and if there is still room for a price rally. Investor Lark Davis comes to our aid, who in a post on X analyzes how the orange coin has moved in past years in conjunction with the halving. In halving years, Q4 has been historically bullish for Bitcoin. But if you look around, Q1 – Q3 of the following year have also been mega bullish. If history repeats itself, it could unleash mind-blowing gains that most people can’t even fathom. Are you mentally prepared? pic.twitter.com/zj8C1sY9eC — Lark Davis (@TheCryptoLark) September 15, 2024 The first data that catches the eye concerns the favorable effect…

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Filed under: News - @ September 16, 2024 11:22 am