Huobi Co-Founder Says Next Bitcoin Bull Run Could Be 3 Years Away - BitcoinEthereumNews.com
Bitcoinहुओबी के सह-संस्थापक ने कहा कि अगला बिटकॉइन बुल रन 3 साल दूर हो सकता है02 / 22 / 2022बिटकॉइन एथेरियम समाचार According to Huobi co-founder Jun Du, Bitcoin is unlikely to experience a strong bull run until 2025. His analysis is based on certain crypto specialists‘ assumption that the coin’s current run is coming to an end. Surprisingly, Du has always aligned with Bitcoins bull run history. The assets value reached as high as $69,000 during the 2020 bull run, which ended months before the mining reward was reduced from 12.5 BTC to 6.25 BTC. Bitcoin Bull Run: 2025 However, Bitcoin has lost more than 40% from its previous peak. To put this in context, Bitcoins last bull run in 2018 saw the coin register a high of $20,000 before plummeting by more than 80%. Du said a bull market happened between 2017 and 2021, and the next one is expected to come roughly a year after the 2024 halving. The theory is that by halving the supply, the price will rise. Why Is Halving Important To Bitcoin? A crucial part of bitcoin is halving, which refers to half the amount of money that so-called miners get as compensation for confirming transactions. According to crypto specialists, the past two