Bitcoin…1 Year After The Halving
Saw this on the BitcoinOfficial page on Facebook…
Numbers don’t lie and seeing how Bitcoin has performed over a year and a day…up 533%….!!!!!! The power and strength of Bitcoin cannot be denied..
ONE YEAR AFTER THE 2020 HALVING, BITCOIN PRICE HAS GAINED 533%
“Leading up to the Halving last year, many in the Bitcoin community and more broadly in the financial system were debating whether the Halving was “priced in,” as the event is known well into the future. While I won’t delve into my personal opinion on the debate, due to the nuance and all of the exogenous variables and factors that play into the price of bitcoin, it is extremely fascinating that price seems to be tracking the stock-to-flow model that was first introduced by the pseudonymous Twitter account Plan B back in March 2019.
Are future Halvings priced in? Who knows? But what is known is that with the 2024 Halving just 156,872 blocks away, it might be a good idea to front-run the event…
Remember, if you’re not long bitcoin, you’re short. Happy one year post Halving!”