Bold Predictions Volume IV - The Halving Results Have Spoken... Now What?
SANBASE SIGNALS
May 12, 2020
Our fourth edition of Bold Predictions comes just hours after the long-awaited halving, an event in Bitcoin that occurs just once every four years. Why was it such a highly anticipated event? Well, every four years, the reward for miners mining Bitcoin blocks halves, which is a double-edged sword for the crypto community. On one hand, it is demotivating for BTC miners to continue mining at the speeds they were prior to the halving at the current prices. On the other hand, it means that those that were already mined and circulating in the markets have a temporarily higher value while mining slows and existing assets become more scarce. As a result of this, there is always speculation regarding whether the immediate aftermath as the final block is mined, leading into the new era with
There’s more of this Insight
Choose your subscription plan
Years of market experience, compressed in each report
Since 2017, Santiment has been an industry leader in on-chain data, social intelligence and behavior-based analysis of the crypto market.
Our tools have a proven track record of timing price tops for cryptocurrencies, helping traders find profitable exit points and mitigate HODLing risk.
Our previous TOP calls:
What you get with Sanbase Pro:
- Members-only daily market insights and analysis
- 30+ on-chain, social & project indicators for 900 cryptocurrencies
- Custom alerts for the coins' price, on-chain & social trends
- Santiment Spreadsheet plugin with 10+ pre-made market templates
- Personalized asset watchlists and weekly performance reports
Gain unfair advantage with Sanbase Pro
Subscribe to Sanbase Pro for access to exclusive insights, market-beating metrics, strategies and templates!