TechFlow - On October 9, Changpeng Zhao posted on Binance Square that Binance has added a Bitcoin halving countdown on its homepage. While he stated he cannot predict the future, he shared observations based on the previous three halvings.
First, in the months leading up to the Bitcoin halving, there will be increasing rumors, news, anxiety, expectations, hype, and hope.
Second, the day after the halving, Bitcoin's price will not double overnight.
Finally, within a year after the halving, Bitcoin's price reaches new all-time highs multiple times.
Changpeng Zhao added that this does not imply a definitive causal relationship, and that history does not guarantee future outcomes.
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