Bitcoin Halving: Price stays almost the same - experts give explanation

Bitcoin Halving: Price stays almost the same - experts give explanation

The halving was intended to increase Bitcoin's value, but so far the price has remained almost unchanged. Experts speculate about possible reasons for the lack of the expected increase. The halving, which takes place every four years, reduces the number of new Bitcoins in the network, which should lead to an increase in value if demand remains constant. Before the halving, the price of Bitcoin had risen sharply, even reaching an all-time high of around $73,797 in March 2024.

The approval of Bitcoin index funds by the US Securities and Exchange Commission also had a positive effect on the price. Despite these developments, the hoped-for rapid price increase after the halving has not yet occurred, which experts say is not unusual. Previous halvings have resulted in significant price increases, but the effects of the halving can take months to years to fully unfold.

Experts like Jan-Patrick Weuthen and Markus van de Weyer urge caution when making predictions and emphasize that Bitcoin has now entered the mainstream. Halving is increasingly being taken into account and included in the current price. Past developments show that new record levels for the Bitcoin price may only be reached in the long term after the halving. It remains to be seen how the Bitcoin market will develop in the coming months and years.