Cryptocurrency Q&A
What is the Bitcoin cycle?
What is the Bitcoin cycle?
SumoHonorable
Sun Dec 22 2024
|
6 answers
1522
I've been hearing a lot about Bitcoin and its cycles recently. I'm curious to understand what exactly the Bitcoin cycle is and how it works. Could someone explain it to me in simple terms?
6 answers
Dreamchaser
Tue Dec 24 2024
The Bitcoin halving is a programmed occurrence that operates autonomously.
Was this helpful?
339
55
Chloe_jackson_athlete
Tue Dec 24 2024
It serves to diminish the freshly minted supply of bitcoins by fifty percent.
Was this helpful?
253
54
EnchantedDreams
Tue Dec 24 2024
This reduction in supply is the rationale behind the terminology "halving."
Was this helpful?
286
51
EclipseSeeker
Tue Dec 24 2024
Crypto prices exhibit a tendency to adhere to a discernible four-year cycle.
Was this helpful?
254
95
emma_grayson_journalist
Tue Dec 24 2024
Each time the halving event transpires, it has historically preceded a predictable upward trend in crypto prices.
Was this helpful?
87
86
Load 5 more related questions
