What We Should Expect from Bitcoin Halving ?
It’s time for the next halving in Bitcoin. From April 2024 and on, even fewer Bitcoins will be mined and the cryptocurrency is expected to become much more scarce in terms of supply.
One of the huge advantages of Bitcoin is its deflationary nature. This means that even if there is a surge in the demand for it, the supply has been pre-determined and this is not going to change now.
From previous halvings, we can definitely see huge differences in the price range for Bitcoin, but there is no statistical correlation between them.
The multiple events (like halving and the approval of Spot ETF) have set the basis for another surge of Bitcoin, until $100,000, a number that some institutional players have already in their planning.
We wait 2024 with great expectations…….
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