Halving buff in effect, more Bitcoin entering dormancy.

Samiksha

Bitcoin's fourth halving is approaching, marking a significant milestone for both investors and Bitcoin itself. In this edition, we will continue to delve into the notable supply scarcity in the Bitcoin market and explain how we should assess investor behavior patterns leading up to the fourth halving.

Summary:

The fourth halving of Bitcoin is imminent. As this moment approaches, the level of supply scarcity in the Bitcoin market has reached historic highs.
We extensively evaluate various indicators of Bitcoin's "available suppl" in the market and the "supply-hold ratio" of long-term investors. These indicators exceed 200% of the new issuance.
By comparing the relationship between market capitalization and realized market capitalization, we estimate that the capital injection into the Bitcoin market due to supply scarcity will have a profound impact on the overall valuation of the Bitcoin market.

Dynamic assessment of supply for Bitcoin's fourth halving in 2024:
Halving is one of the most crucial milestones in Bitcoin's development, occurring approximately every 210,000 blocks, leading to a halving of the output. According to Bitcoin's operational logic, the fourth halving should occur when the block height reaches 840,000. However, due to the influence of probability factors affecting block generation speed and natural variations in blocks, the exact time of the fourth halving is still unknown.

Considering the current average block generation speed, the most accurate estimate we can make is that the fourth halving is expected to occur on April 23, 2024, which is 158 days away from the current date.

Ritu77

This also needs to wait for the halving before relisting.

Jiten171

In what everyone perceives as a bull market, there won't be too many coins entering dormancy.

Indra55

How many people understand the concept of coins entering dormancy?

Kahn332

It's necessary to choose a trading platform with strength for trading.