Bitcoin Halving Could Turn $5 to $130,000: Experts Explain

Bitcoin Halving Could Turn $5 to $130,000: Experts Explain

By Miles

12 Nov 2023 (about 1 year ago)

1 min read

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Bitcoin grows fast after halvings; $5 can turn to $130k! It's also a safe choice in tough global times.

Experts have noticed that Bitcoin's value jumps around its halving events. Halving cuts the new supply of Bitcoin by half roughly every four years, often pushing prices up.

Invest Smart: $5 to $130,000

Following the halving pattern, traders could've turned a $5 investment into $130,000, a much larger increase compared to just holding onto Bitcoin.

“Being in the market only in these three [Bitcoin halving] periods and out during the rest would have increased a $5 investment to $130,000 instead of $37,000 buy and hold,” Plan B Highlights.

Arthur Hayes, from BitMEX, also believes Bitcoin is a strong choice during global unrest, outperforming traditional assets like US Treasury bonds making it a safe haven for investors

Hayes views Bitcoin as a protection against geopolitical tensions, suggesting that it's wise to buy Bitcoin when prices dip during these times.

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