The upcoming Bitcoin halving is set to further reduce the rate at which new BTC are created. In the past, a reduced supply of BTC, coupled with consistent demand, has driven its price upwards. This time isn’t expected to be different, as the flagship crypto will likely experience another parabolic rise in the aftermath of the event and could rise to as high as $100,000.
However, an essential detail for investors to consider is the timeline for this price surge. While the halving itself is an important event, some experts believe the actual price increase for Bitcoin (BTC) might not occur until six months later. This creates a problem—should investors wait for the possible increase or look into alternative opportunities?
ETFSwap (ETFS) provides a solution for those looking for alternative and more lucrative opportunities. The Decentralized Finance (DeFi) platform enables the trading of exchange-traded funds (ETFs), which means that DeFi users have an array of investment opportunities (both crypto and traditional assets) to choose from instead of waiting for a BTC parabolic surge.
Expert Says Bitcoin (BTC) Price Increase Might Take a While
At its core, Bitcoin (BTC) operates on the principle of scarcity. Unlike traditional fiat currencies with an ever-increasing supply, Bitcoin’s total issuance is capped at 21 million coins. This finite supply is gradually released through mining, where miners compete to solve complex mathematical puzzles to verify transactions and earn block rewards.
The halving event cuts this block reward in half, essentially squeezing the supply of new BTC entering the market. This upcoming Bitcoin halving has gained significant interest and speculation, with many experts predicting substantial price increases.
Past halving events have often been followed by massive price increases for Bitcoin (BTC). For instance, the 2012 halving saw Bitcoin’s price jump from around $12 to over $1,000 within a year, and the 2016 halving preceded a surge that pushed the price beyond $20,000.
Meanwhile, the third halving in May 2020 resulted in BTC’s price increasing from around $8,000 to the previous all-time high of $69,000 by November 2021. While Bitcoin potentially rising to $100,000 seems enticing to crypto investors, the timeline of 6 months is important, especially in a market that moves so fast.
While discussing the re-accumulation phase as one of the phases of Bitcoin halving, Crypto expert Rekt Capital also suggested that a price increase won’t come immediately. In his X (formerly Twitter) post, the expert mentioned that this period could last up to 5 months, and due to the time range, many investors get shaken in due to boredom, impatience, and disappointment with the lack of major results in their BTC investment in the immediate aftermath of the Halving.
ETFSwap ($ETFS) Is An Amazing Opportunity
While waiting for Bitcoin’s potential post-halving boom is a viable strategy, it’s not the only option. The cryptocurrency market is full of new projects and evolving technologies. By looking into these alternatives, investors can potentially capture gains in the present while keeping an eye on Bitcoin’s long-term prospects. That is where the ETFSwap (ETFS) platform comes in.
Unlike directly investing in Bitcoin (BTC) with its often volatile price movements, ETFSwap (ETFS) offers diversification and potentially smoother sailing. Instead of focusing solely on BTC, ETFSwap (ETFS) gives you access to a wide range of cryptocurrencies and traditional assets. Moreover, you can still gain exposure to BTC on the platform through the crypto asset itself or the Spot Bitcoin ETFs.
Besides the ETFSwap platform’s offerings, its ETFS token can potentially provide investors with incredible gains. The token looks to be a better investment option than Bitcoin (BTC), especially for those just entering the crypto space.
These crypto investors seem well aware of this, which would explain the immense demand for the ETFSwap (ETFS) token. So far, over 16.1 million tokens have been sold out, and this figure continues to increase rapidly daily. However, there is still an opportunity for those who have yet to invest or feel underinvested to accumulate ETFS tokens.
Stage 1 of the ETFSwap (ETFS) presale is still on, with each token selling at a giveaway price of $0.00854. Investors can also receive an 18% bonus on their purchases. With such an offer, there is no reason to miss this once-in-a-lifetime opportunity to make massive returns on your investment.
For more information about the ETFS Presale:
Disclaimer: The information provided is not trading advice, Bitcoinworld.co.in holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and/or consultation with a qualified professional before making any investment decisions.