When will Bitcoin halving take place?

For months now there has been talk abouthalving of Bitcoinor the moment when the rewards due to miners for the extraction of the blocks will be practically halved. If many analysts are used to indicating the expected event in the middle of next year, it should however be remembered that so far there is only one certain data in this regard, namely that it will start in conjunction with the extraction of the block marked by the number 630 thousand.

The forecasts for the event

Considering that we are currently in the 600,000 block, according to experts, the x-hour should start between 7 and 14 May 2020. Other estimates even point to the month of April, but of course nobody can be sure of when the halving will actually take place.
The real reason for interest, however, is not when it will take place, but what results it will produce. To predict which we could start from what happened in the two previous halves occurred, the November 28, 2012, when the miners' compensation went from 50 to 25 BTC, and the July 9, 2016, when it dropped to 12.5. On the first occasion, the price of the token was not immediately shaken, remaining practically blocked for a couple of months, and then giving rise to an intense rally in the following ten. The second halving, on the other hand, represented a sort of earthquake. Again the first few months that followed him were fairly calm. In November 2016, however, the frantic race of Bitcoin began, which broke record after record, even reaching $ 19,817 before falling to just over 3,000 in December 2018. In practice, the price dynamics on the two previous occasions were quite similar, thus being able to provide material for who is used to thinking about the price history.

Other factors that need to be considered

Of course, it is difficult to predict whether the next halving will produce the same effects. According to many analysts, in fact, this time other factors of no small importance could also be felt, which could mix with halving making BTC's price skyrocket. The reference is naturally to the outcome of the trade wars between the United States on the one hand and China and the European Union on the other. If, in the last few hours, Trump seems to have taken on more reasonable tones towards the Asian giant, he could soon explode the hostility towards the EU, following the maturing of the crisis relating to European aid to the Airbus consortium. After the WTO gave reason to the United States, the responses to the warlike statements of the current tenant of the White House were not long on the European side. Also reinvigorated by the fact that the organization itself should soon give reason to an appeal from the EU in relation to aid that the Washington government would have granted to companies in its aviation sector.
Another theater to be checked for the effects it could trigger is then that of Brexit, whose outlines are all to be understood. Even in this case, however, the issue seems destined to shake the waters quite a bit, pushing many investors to fall back on Bitcoin, considered by many to be the same as a real good refuge.