Big companies buying Bitcoin might have a big impact on the cryptocurrency price trends. For over a decade, Bitcoin has followed a simple pattern. Every four years, the Bitcoin mining rewards are cut by half in an event called “the halving”. Historically, Bitcoin has reached new all-time highs within 12–18 months after the 2012, 2016, and 2020 halving events. Now, this predictable cycle may be coming to an end, thanks to Wall Street and institutional organizations holding Bitcoins. The numbers tell the story: corporations now own nearly one million Bitcoin. That’s a massive change from the early days when mostly…
