Why the Bitcoin Cash halving won’t follow Bitcoin’s example

Bitcoin Cash is expected to halve its block rewards from 12.5 BCH to just 6.25 BCH per block on April 8, 2020. After this time, the rate of inflation will be cut by 50%, meaning the amount of newly minted coins entering circulation will be reduced by half.

As with the Bitcoin block reward halvings, Bitcoin Cash proponents widely consider the upcoming halving to an overly bullish event, since newly minted BCH will be harder to come by. Likewise, thanks to its impressive performance in recent weeks, there is little wonder why some have begun drawing parallels between Bitcoin’s Cash’s recent surge, and the bullish activity frequently seen by Bitcoin prior to its own halvings.

Since reaching its price bottom of $76.29 back in December 2018, Bitcoin Cash has been on a slow and steady uptick, gaining almost 480% as of today. Much of this growth occurred in the past two months, across the turn of the new year—a time in which BCH more than doubled in value.

In the 18 months prior to…