Bitcoin halving, one of the most anticipated events throughout the entire cryptocurrency community is estimated to be 365 days from now. As it closes in, a new Twitter poll reveals that the overwhelming majority is entirely bullish on Bitcoin’s price going forward.
Bitcoin Halving 365 Days From Now
Bitcoin halving, the event which will slash the mining block reward in half, is estimated to be exactly one year from today. At present, miners receive 12.5 BTC whenever a block is mined and by this time next year, this number will be reduced to 6.25 BTC.
As Bitcoinist has reported, there seems to be a direct correlation between Bitcoin halving and its price which is perhaps the thing everyone is mostly concerned with. Historical patterns show that Bitcoin prices tend to boom approximately one year after each previous halving.
There’s much sense to that, at least in theory – when the supply of Bitcoin is less than the demand for it, the price should rise. Hence, if the demand for bitcoin increases, or even more so – if it…