#Bitcoin #Cryptocurrency # I-Bitcoin halving 1 more.
Umjikelezo weminyaka emine weBitcoin ubonakala uyaguquka kunokuphinda iphethini yayo yendabuko, ngesikhathi sango-2024-2028 sikhombisa izinguquko ezinkulu zesakhiwo. Izimali ezithengiswa ngokushintshaniswa, ukwamukelwa kwezikhungo, futhi izimo ze-macro ziguqule ngokuyisisekelo ukuthi izimakethe zeBitcoin ziziphatha kanjani uma kuqhathaniswa nemijikelezo yangaphambilini yesigamu.
Umjikelezo weminyaka emine weBitcoin ubukade usebenze njengohlaka lokuqonda ukunyakaza kwezimakethe ze-cryptocurrency, kepha isikhathi samanje sango-2024-2028 sikhombisa ukusuka okuphawulekayo esindulweni somlando. Imijikelezo yangaphambilini ilandele iphethini ecishe ibe ngumshini: imicimbi ehhafu yabangela ukugijima kwenkunzi, okuholele ekuqhumeni kweziqongo, kulandelwa ukuphahlazeka okukhulu. Nokho, kulokhu lo mbhalo usushintshe kakhulu.
Okuphawuleka kakhulu, uBitcoin uzuze isikhathi esisha esiphezulu ngoMashi 2024, ngaphambi komcimbi ka-Ephreli uhhafu, ukwephula iphethini ebonwe kuyo yonke imijikelezo yangaphambilini. Lokhu kushintshwa kwesikhathi okungakaze kubonwe kuqondane nokuvunywa kukaJanuwari 2024 kwendawo yeBitcoin ETF yi-SEC, okulethe isidingo esikhulu sezikhungo emakethe ngaphambi kokuba kubikezele umbono womjikelezo wendabuko. Ngo-Okthoba 2025, uBitcoin wafinyelela ku- $ 126,200 ngaphambi kokuthola ukulungiswa cishe ku- $ 60,000 ekuqaleni kuka-2026, emele ukwehla kwama-52% ngaphezu kwezinsuku eziyi-122.
Umjikelezo weminyaka emine weBitcoin ugxile ezungeze imicimbi ehhafu eyenzeka cishe njalo ngamabhulokhi angama-210,000, ukunciphisa imivuzo yabavukuzi ngesigamu. Isikhathi sika-Ephreli 2024 sehlise imivuzo kusuka ku-6.25 BTC kuya ku-3.125 BTC ngebhulokhi ngalinye, ukuqhubeka nokwehliswa kokuhlinzekwa kohlelo okuthonye ngokomlando amanani entengo. Imijikelezo edlule ikhombise ukungaguquguquki okuphawulekayo, kanti iziqongo ezinkulu zivela ngo-2013, 2017, 2021, futhi muva nje ngo-Okthoba 2025.
Umjikelezo ngamunye wangaphambilini wabelane ngezici ezijwayelekile yize wenzeka ngaphansi kwezimo ezahlukahlukene zezimakethe. Isikhathi sango-2012-2013 sabona ukuqwashisa kokuthengisa kusenesikhathi emakethe esanda kuqala ngengqalasizinda elinganiselwe. Umjikelezo we-2016-2017 wagibela igagasi lokwamukelwa kwe-crypto ejwayelekile kanye nokuqagela kwe-ICO, kwacindezela iBitcoin idlule u- $ 19,000. Umjikelezo we-2020-2021 uhlomule ekukhuthazeni kwenkathi yobhadane kanye nokwamukelwa kwezikhungo, nezinkampani zomphakathi ezingeza iBitcoin kumashidi alinganisa. Ngokuphawulekayo, umjikelezo ngamunye uphethwe ngokudonswa okudlula ama-77% kumanani aphezulu, ngokusho kocwaningo lwe-Fidelity Digital Assets.
Umjikelezo wamanje uphambuka ezinkambisweni zomlando ngezindlela eziningana ezibalulekile. I-Spot Bitcoin ETFs iguqulwe ngokuyisisekelo ukufunwa, nge-CME Group ibika isilinganiso sokungena kwansuku zonke kwama- $ 208 million ngoFebhuwari 2024, edlula kakhulu inani lama- $ 54 million lokukhishwa kwansuku zonke kweBitcoin ngaleso sikhathi. Lesi sidingo sesikhungo sifike ngaphambi kwesigamu, saphazamisa iphethini yendabuko yokwazisa ngemuva kwehele.
Isakhiwo sezimakethe siguquke kakhulu, cishe ngama-12% wokuhlinzekwa kweBitcoin okusakazayo manje okuphethwe yizinkampani zomphakathi nama-ETP kusukela ngasekupheleni kuka-2025. Lokhu kuhlushwa kwabaphathi bezikhungo besikhathi eside kube nomthelela ekuguqukeni okuphansi kwerekhodi yize kunamanani aphezulu amarekhodi. I-Fidelity Digital Assets yaqopha izimo ezintsha eziyi-17 zesikhathi sonke sonke sonyaka owodwa ukuguquguquka ngoJanuwari 2026, kwenzeka ezinyangeni ezimbalwa nje ngemuva kokuthi iBitcoin ifinyelele ezindaweni ezintsha.
Izimakethe ze-Reivatives zivuthwe kakhulu, ngesikhathi esizayo se-CME Group Bitcoin esilinganiselwe isilinganiso esivulekile nsuku zonke sifinyelela ku- $ 11 billion ngoMashi 2024. Umbono kaKaiko ka-2026 uphawu lokuthi okususelwa manje kuqukethe i-73.2% yevolumu yemakethe ephelele ye-crypto, ukudala ukuqina okujulile kanye nezindlela eziyinkimbinkimbi zokuthola amanani kunalokho okwakukhona emijikelezweni edlule.
Ucwaningo lukaGreyscale lukhombisa ukuthi ama-crypto ETPs omhlaba ahehe u- $ 87 billion ekungeneni kwenetha kusukela u-U. S. I-Bitcoin ETP yethulwe, ngenkathi yeluleka i-U. S. ingcebo igcina ukwabiwa kwe-crypto okungaphansi kuka-0.5%. Leli gege liphakamisa indawo enkulu yokuthunyelwa kwemali eyengeziwe yezikhungo. Ukuba khona kwezimoto zokutshala imali ezilawuliwe kuguqule iBitcoin isuka kwimpahla yokuthengisa yokucabanga yaba ithuluzi lokwabiwa kwephothifoliyo yezezimali abeluleki nezimali zempesheni.