Bitcoin Price 10 Million Dollars – Bitcoin Magazine: Bitcoin News, Articles, Charts & Guides

Bitcoin will see three halvings this decade, the first in 2020, the second in 2024 and the third in 2028. Counting the 2020 halving that actually happened last year, Bitcoin has seen a total of 3 halvings since its launch in 2009. Historically, in the year following Every halving, the price of Bitcoin rose dramatically due to increased demand and decreased supply in the market.

But there is a new type of demand in the market, a much heavier type than the original demand by retail investors who have been buying for more than 12 years. This demand mixed with lower supply and removal of bitcoin from the market is the perfect formula for wild price swings. I’ll get to what this new order is later in this article, but for now, let’s take a look at the past performance of the halves to see what we’re dealing with.

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