{"id":422612,"date":"2020-05-04T01:00:20","date_gmt":"2020-05-04T01:00:20","guid":{"rendered":"https:\/\/wncen.com\/?p=422612"},"modified":"2024-06-11T12:22:44","modified_gmt":"2024-06-11T12:22:44","slug":"if-history-rhymes-bitcoin-could-see-a-major-post-halving-crash","status":"publish","type":"post","link":"https:\/\/wncen.com\/news\/if-history-rhymes-bitcoin-could-see-a-major-post-halving-crash\/","title":{"rendered":"If History Rhymes Bitcoin Could See a Major Post-Halving Crash"},"content":{"rendered":"
Bitcoin\u2019s highly anticipated mining rewards halving is only eight days away, and cryptocurrency investors have long been debating what the short-term impacts of this event will be.<\/p>\n
In the long-term it is unquestionably bullish due to it causing a 50% annual inflation reduction for BTC, but the short-term impacts are highly speculative, and limited data sets make it hard to look towards historical precedent for guidance.<\/p>\n
One analyst is noting, however, that the event is typically followed by a sharp selloff following its conclusion, a sign that the ongoing BTC rally may ultimately prove to be fleeting.<\/p>\n
Data Signals That Anticipation for Bitcoin\u2019s Halving is Growing at a Rapid Rate<\/strong>\u00a0<\/strong><\/h2>\n
Bitcoin\u2019s rally seen in the time following its sharp mid-March meltdown has been attributed by some investors to growing anticipation for the mining rewards halving.<\/a><\/p>\n