The pattern has always been this so far. Although this is not an assurance of a repeat, if the demand remains high in the face of a lower Bitcoin mining reward, it is logical that the price will be driven up. I am also expecting a new ATH either around the end of 2023 or early 2025.
But this doesn't mean that Bitcoin is harder to mine. It's just the reward cut into half. The difficulty in mining Bitcoin is another thing. In fact, quite the opposite, mining difficulty might even drop after the halving.
But this doesn't mean that Bitcoin is harder to mine. It's just the reward cut into half. The difficulty in mining Bitcoin is another thing. In fact, quite the opposite, mining difficulty might even drop after the halving.
Yes there is no guarantee but we already see the past and the pattern so far so good and ofcourse not just you maybe all people in crypto industry want new ATH.
if we look at the pattern usually ATH will come after 5 Month or 1 year after halving.
When the price is up In my opinion the miner will be more and more and difficulty will increase the ASIC manufacturer will made a better hardware and efficient.