On May 12, 2020 at 07:37 AM (GMT) the third Halving of Bitcoin will occur, making it the most important event of the year. From CriptoTendencia we have prepared a special coverage so that you do not miss anything.
Bitcoin’s Halving is about a reduction in the reward miners receive every 210,000 blocks. It is just that.
The first halving event occurred on November 29, 2012 at the height of block 210,000. The second halving event occurred on July 10, 2016 at a block height of 420,000.
Special coverage for Bitcoin Halving
Given the relevance of the event and the strong volatility expected in the price of Bitcoin, the entire team of CriptoTendencia will be aligned to instantly bring you the latest information on the halving of Bitcoin.
In addition, we will have daily analysis of the price of Bitcoin, opinions of experts from the ecosystem and much more.
One of the main actors in this Bitcoin halving will be the whales, which we will be closely monitoring, to inform you of their main movements.
We will be updating the most relevant events of this Halving week in our official Twitter account.
Bitcoin’s behavior in previous Halvings
In the graph below, it can be seen how in previous Bitcoin halvings the price tended to rise strongly, especially in the last one, which then led the following year to record its historical maximum of $ 20,000 in BTC.
Will the third halving of BTC follow the same trend as the previous ones? If so, we could see in the not too distant future a new maximum of the leading cryptocurrency.
At press time, Bitcoin is trading at $ 8,900, with a trading volume of just over $ 47 billion in the past 24 hours.
We invite you to follow our special coverage for Halving Bitcoin, so that you are informed of everything that happens around BTC.