HalvingEvents
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What is the Bitcoin Halving (Halvening)?
New bitcoins are issued by the Bitcoin network every 10 minutes.
For the first four years of Bitcoin's existence, the amount of new bitcoins issued every 10 minutes was 50. Every four years, this number is cut in half. The day the amount halves is called a "halving" or "halvening".
In the 2012 halving, the amount of new bitcoins (BTC) issued every 10 minutes dropped from 50 bitcoins to 25.
In 2016, it dropped from 25 BTC to 12.5 BTC.
In the most recent May 11, 2020 halving, the reward dropped from 12.5 to 6.25 BTC per block.
In the 2024 halving, the reward will drop from 6.25 BTC per block to 3.125 BTC.
#BinanceTournament #HalvingEvents #BTC $BTC $ETH $BNB
New bitcoins are issued by the Bitcoin network every 10 minutes.
For the first four years of Bitcoin's existence, the amount of new bitcoins issued every 10 minutes was 50. Every four years, this number is cut in half. The day the amount halves is called a "halving" or "halvening".
In the 2012 halving, the amount of new bitcoins (BTC) issued every 10 minutes dropped from 50 bitcoins to 25.
In 2016, it dropped from 25 BTC to 12.5 BTC.
In the most recent May 11, 2020 halving, the reward dropped from 12.5 to 6.25 BTC per block.
In the 2024 halving, the reward will drop from 6.25 BTC per block to 3.125 BTC.
#BinanceTournament #HalvingEvents #BTC $BTC $ETH $BNB
who are waiting for Bitcoin halving 2024?
bitcoin halving countdown??
What is a Bitcoin block halving event?
Block halving events happen every 4 years or 210,000 blocks on Bitcoin blockchain. Bitcoin's initial block reward was 50 BTC. The current block reward is 6.25 BTC, the next block reward will be 3.125 BTC. This lowers the rate at which Bitcoins are generated. The halving is periodical and is programmed into Bitcoin's code.
#Bitcoinfees #BTC #ETH #HalvingEvents #Halving2024
bitcoin halving countdown??
What is a Bitcoin block halving event?
Block halving events happen every 4 years or 210,000 blocks on Bitcoin blockchain. Bitcoin's initial block reward was 50 BTC. The current block reward is 6.25 BTC, the next block reward will be 3.125 BTC. This lowers the rate at which Bitcoins are generated. The halving is periodical and is programmed into Bitcoin's code.
#Bitcoinfees #BTC #ETH #HalvingEvents #Halving2024
BTC halving Next 3 months wait 🫷🫸
Big surprise ready ।।।।।।।।।।
BTC price Protection 2024 Big bullish movement 🚀
$BTC $ETH $BNB
BTC price Protection 2025 ......
#BinanceTournament #BTC #HalvingEvents
my target 35,500$
Big surprise ready ।।।।।।।।।।
BTC price Protection 2024 Big bullish movement 🚀
$BTC $ETH $BNB
BTC price Protection 2025 ......
#BinanceTournament #BTC #HalvingEvents
my target 35,500$
There is a little bit correction.
Why don't you buy more?
The ETF, Halving, cutting interest rate will happen next year.
Less supply, more demand.
#BTC #BNB #ETFRally #HalvingEvents #BullishForecast
Why don't you buy more?
The ETF, Halving, cutting interest rate will happen next year.
Less supply, more demand.
#BTC #BNB #ETFRally #HalvingEvents #BullishForecast
Bitcoin halving is the next big event after spot ETFs. Based on the current block production it is expected in 101 days. Be prepared and ready to buy the dips.
#HalvingEvents #btc
#HalvingEvents #btc
Beyond Bitcoin: Uncovering the Halving Events that Can Make You a Millionaire 💰
When we talk about halving in the cryptocurrency world, Bitcoin often takes the spotlight. However, did you know that Bitcoin is not the only cryptocurrency that undergoes this significant event? In fact, several other cryptocurrencies have their own halving mechanisms that can potentially turn savvy investors into millionaires. Let's explore these lesser-known halving events and discover the untapped opportunities they present.
Section 1: Understanding the Halving Mechanism
- Explaining the concept of halving: Briefly explain how halving works in cryptocurrencies and its purpose in maintaining scarcity and controlling inflation.
- Bitcoin's halving success story: Provide a concise overview of Bitcoin's past halving events and their impact on its price and market dynamics.
Section 2: Hidden Gems: Lesser-Known Halving Events
- Litecoin (LTC): Uncover the halving events of Litecoin, often referred to as "the silver to Bitcoin's gold." Explore its historical performance and the potential for significant price appreciation.
- Bitcoin Cash (BCH): Shed light on the halving events of Bitcoin Cash, a prominent Bitcoin fork, and how it differentiates itself from its predecessor.
- Zcash (ZEC): Introduce Zcash, a privacy-centric cryptocurrency, and its halving mechanism. Discuss its unique features and potential for long-term growth.
Section 3: Identifying Opportunities for Wealth Creation
- Researching halving events: Encourage readers to explore and research other cryptocurrencies with upcoming halving events. Highlight the importance of studying project fundamentals, market trends, and evaluating potential investment opportunities.
- Diversification and risk management: Emphasize the importance of diversifying one's investment portfolio to mitigate risks and take advantage of potential gains across multiple cryptocurrencies.
- Long-term investment mindset: Remind readers that investing in halving events requires patience and a long-term perspective. Historic data has shown that significant price appreciation often occurs months or even years after the halving event.
Conclusion:
While Bitcoin's halving events have captured the attention of the crypto world, it's crucial to recognize that other cryptocurrencies also undergo similar events with the potential for substantial gains. By staying informed, conducting thorough research, and diversifying their investment strategies, individuals can position themselves to potentially become millionaires through these lesser-known halving events. Remember, the crypto market is filled with hidden gems waiting to be discovered, and it's up to us to explore and capitalize on these opportunities.
#HalvingEvents #CryptocurrencyInvestment #WealthCreation #Diversification #Opportunities
Section 1: Understanding the Halving Mechanism
- Explaining the concept of halving: Briefly explain how halving works in cryptocurrencies and its purpose in maintaining scarcity and controlling inflation.
- Bitcoin's halving success story: Provide a concise overview of Bitcoin's past halving events and their impact on its price and market dynamics.
Section 2: Hidden Gems: Lesser-Known Halving Events
- Litecoin (LTC): Uncover the halving events of Litecoin, often referred to as "the silver to Bitcoin's gold." Explore its historical performance and the potential for significant price appreciation.
- Bitcoin Cash (BCH): Shed light on the halving events of Bitcoin Cash, a prominent Bitcoin fork, and how it differentiates itself from its predecessor.
- Zcash (ZEC): Introduce Zcash, a privacy-centric cryptocurrency, and its halving mechanism. Discuss its unique features and potential for long-term growth.
Section 3: Identifying Opportunities for Wealth Creation
- Researching halving events: Encourage readers to explore and research other cryptocurrencies with upcoming halving events. Highlight the importance of studying project fundamentals, market trends, and evaluating potential investment opportunities.
- Diversification and risk management: Emphasize the importance of diversifying one's investment portfolio to mitigate risks and take advantage of potential gains across multiple cryptocurrencies.
- Long-term investment mindset: Remind readers that investing in halving events requires patience and a long-term perspective. Historic data has shown that significant price appreciation often occurs months or even years after the halving event.
Conclusion:
While Bitcoin's halving events have captured the attention of the crypto world, it's crucial to recognize that other cryptocurrencies also undergo similar events with the potential for substantial gains. By staying informed, conducting thorough research, and diversifying their investment strategies, individuals can position themselves to potentially become millionaires through these lesser-known halving events. Remember, the crypto market is filled with hidden gems waiting to be discovered, and it's up to us to explore and capitalize on these opportunities.
#HalvingEvents #CryptocurrencyInvestment #WealthCreation #Diversification #Opportunities
#BITCOIN
After a freakout, there is another attempt to breach the resistance. However, confirmation is pending, requiring the closure of the candle for assessment.
It’s a little bit confusing if we consider this horizontal resistance, which still needs to break out. Have a look at the chart, If we consider that wick as the point of support, then it looks like a perfect breakout of this pattern.
Moreover, the RSI has successfully surpassed the bearish divergence and is presently undergoing a retest.
#BTC #etf #HalvingEvents #Halving2024
After a freakout, there is another attempt to breach the resistance. However, confirmation is pending, requiring the closure of the candle for assessment.
It’s a little bit confusing if we consider this horizontal resistance, which still needs to break out. Have a look at the chart, If we consider that wick as the point of support, then it looks like a perfect breakout of this pattern.
Moreover, the RSI has successfully surpassed the bearish divergence and is presently undergoing a retest.
#BTC #etf #HalvingEvents #Halving2024
The 1st halving in 2012 resulted in a 10,000% increase ($11 -> $1,150)
The 2nd halving in 2016 resulted in a 3,000% increase ($650 -> $20,000)
The 3rd halving in 2020 results in a 630% increase ($8,800 -> $69,044 ATH!)
Reminder, The 4th #Bitcoin halving is less than 122 days. $BTC
What's your target?
#BinanceTournament #HalvingEvents #BTC #Halving2024
The 2nd halving in 2016 resulted in a 3,000% increase ($650 -> $20,000)
The 3rd halving in 2020 results in a 630% increase ($8,800 -> $69,044 ATH!)
Reminder, The 4th #Bitcoin halving is less than 122 days. $BTC
What's your target?
#BinanceTournament #HalvingEvents #BTC #Halving2024
AI Bull Run Predictions
Predicting the exact timing and duration of the next cryptocurrency bull run is a challenging task due to the inherent volatility and unpredictable nature of the market. However, several factors suggest that the next bull run could occur in the latter half of 2024 or early 2025.
#HalvingEvents
Bitcoin's halving event, which reduces the reward for mining by half, is expected to occur in May 2024. Historically, Bitcoin's price has tended to increase after halvings, suggesting that this event could trigger the next bull run.
#InstitutionalAdoption
The increasing adoption of cryptocurrencies by institutional investors, such as hedge funds and venture capital firms, could provide a significant boost to the market. These institutions have large amounts of capital and could drive up demand for cryptocurrencies, leading to price appreciation.
#TechnologicalAdvancements
Continued advancements in blockchain technology and the development of new decentralized applications (DApps) could attract new users and investors to the cryptocurrency space, further fueling the bull run.
#RegulatoryClarity
Positive developments in the regulatory landscape could also contribute to a more favorable environment for cryptocurrencies, potentially leading to increased institutional adoption and mainstream acceptance.
#MarketSentiment
An overall shift in market sentiment from fear and uncertainty to optimism and anticipation could be a key catalyst for the next bull run. This could be driven by positive news, technological breakthroughs, or even a general improvement in the global economic outlook.
While these factors suggest that the next bull run could be on the horizon, it's important to remember that the cryptocurrency market is unpredictable, and there is no guarantee that the next bull run will occur exactly as expected. Investors should always conduct thorough research, manage their risk tolerance, and exercise caution when making investment decisions.
Predicting the exact timing and duration of the next cryptocurrency bull run is a challenging task due to the inherent volatility and unpredictable nature of the market. However, several factors suggest that the next bull run could occur in the latter half of 2024 or early 2025.
#HalvingEvents
Bitcoin's halving event, which reduces the reward for mining by half, is expected to occur in May 2024. Historically, Bitcoin's price has tended to increase after halvings, suggesting that this event could trigger the next bull run.
#InstitutionalAdoption
The increasing adoption of cryptocurrencies by institutional investors, such as hedge funds and venture capital firms, could provide a significant boost to the market. These institutions have large amounts of capital and could drive up demand for cryptocurrencies, leading to price appreciation.
#TechnologicalAdvancements
Continued advancements in blockchain technology and the development of new decentralized applications (DApps) could attract new users and investors to the cryptocurrency space, further fueling the bull run.
#RegulatoryClarity
Positive developments in the regulatory landscape could also contribute to a more favorable environment for cryptocurrencies, potentially leading to increased institutional adoption and mainstream acceptance.
#MarketSentiment
An overall shift in market sentiment from fear and uncertainty to optimism and anticipation could be a key catalyst for the next bull run. This could be driven by positive news, technological breakthroughs, or even a general improvement in the global economic outlook.
While these factors suggest that the next bull run could be on the horizon, it's important to remember that the cryptocurrency market is unpredictable, and there is no guarantee that the next bull run will occur exactly as expected. Investors should always conduct thorough research, manage their risk tolerance, and exercise caution when making investment decisions.
THIS CHART IS BASED ON HISTORICAL DATA
In the first cycle, after the ATL, $BTC took 532 days to break above its previous ATH.
In the second cycle, it’s taken 546 days to break above its previous ATH.
If history repeats itself, we could see a new ATH around 385 days from today, possibly in December
2024.
ROADMAP FOR BITCOIN HEALING
First Halving: July 9, 2016
546 days of the bull market!
Second Halving: May 11, 2020
546 Days of Bull Market after Halving 3
Third Halving: April 25, 2024 (Expected)
Likely to last 528 days to 546 days of bull market.
Based on fractal analysis and chart data, it is anticipated that Bitcoin will reach its next bull market peak in September 2025. Subsequently, a shift back into the bear market is expected. Consequently, a decision to exit the market before September is considered, given that these projections are assumptions derived from fractal chart data.
#BTC #BitcoinHalving2024 #HalvingEvents #bitcoinbullrun #Halving2024
In the first cycle, after the ATL, $BTC took 532 days to break above its previous ATH.
In the second cycle, it’s taken 546 days to break above its previous ATH.
If history repeats itself, we could see a new ATH around 385 days from today, possibly in December
2024.
ROADMAP FOR BITCOIN HEALING
First Halving: July 9, 2016
546 days of the bull market!
Second Halving: May 11, 2020
546 Days of Bull Market after Halving 3
Third Halving: April 25, 2024 (Expected)
Likely to last 528 days to 546 days of bull market.
Based on fractal analysis and chart data, it is anticipated that Bitcoin will reach its next bull market peak in September 2025. Subsequently, a shift back into the bear market is expected. Consequently, a decision to exit the market before September is considered, given that these projections are assumptions derived from fractal chart data.
#BTC #BitcoinHalving2024 #HalvingEvents #bitcoinbullrun #Halving2024
See original
How far can the price of Bitcoin go?
See, Bitcoin's halving date is in 2024 which happens after 4 years. It was observed that during this rally, the price of crypto goes high by 80 to 85% and later makes a big dump. Currently $BTC is trading above $44000. It is estimated that the price of $BTC will remain within 52000-55000 dollars. Downfall after Halving will be #CryptoHindiNews #HalvingEvents #btc #Hindi $BTC
See, Bitcoin's halving date is in 2024 which happens after 4 years. It was observed that during this rally, the price of crypto goes high by 80 to 85% and later makes a big dump. Currently $BTC is trading above $44000. It is estimated that the price of $BTC will remain within 52000-55000 dollars. Downfall after Halving will be #CryptoHindiNews #HalvingEvents #btc #Hindi $BTC
LIVE
Eternel insatisfait
--
The Halving Cycles Theory was correct in every single #Bitcoin prediction of Green Year.
Now we get to the first prediction of Blue Year...
Spending most time around the median, 34,500.
Everyone is sitting and waiting for this time to be different because of ETFs.
Early cycle top narratives and ETF price explosion theories are more popular than ever.
People have forgotten what was said before, "this time is different, Bitcoin has never been in these macro conditions".
Many were calling for a return to the lows.
Now it's "This time is different, Bitcoin has never seen billions of dollars of inflow"
Institutions will not pile in billions of dollars to make you rich so everyone can win.
Nothing about this time has been different
The Halving Cycles Theory showed us that we typically see rise early in Blue Year, and it came.
Now it's here, data says it is likely over for the short-term, and the masses scream for more.
Slow and steady wins the race!
New ATHs shceduled for Red Year, after November 28th, 2024
Cycle Top is scheduled for +/- 21 days from November 28th, 2025.
#halving
#BTC
Now we get to the first prediction of Blue Year...
Spending most time around the median, 34,500.
Everyone is sitting and waiting for this time to be different because of ETFs.
Early cycle top narratives and ETF price explosion theories are more popular than ever.
People have forgotten what was said before, "this time is different, Bitcoin has never been in these macro conditions".
Many were calling for a return to the lows.
Now it's "This time is different, Bitcoin has never seen billions of dollars of inflow"
Institutions will not pile in billions of dollars to make you rich so everyone can win.
Nothing about this time has been different
The Halving Cycles Theory showed us that we typically see rise early in Blue Year, and it came.
Now it's here, data says it is likely over for the short-term, and the masses scream for more.
Slow and steady wins the race!
New ATHs shceduled for Red Year, after November 28th, 2024
Cycle Top is scheduled for +/- 21 days from November 28th, 2025.
#halving
#BTC
📈 Bitcoin Mining Stocks Surge Ahead of Halving Event! 🚀
As Bitcoin celebrated its fourth-ever halving event on April 20, the Nasdaq-listed Bitcoin mining firms witnessed a remarkable surge in share prices, indicating investor anticipation and speculation. Here's a snapshot of the key highlights:
🔍 Halving Event Impact
- The Bitcoin halving event, which slashes miner rewards in half for every block mined, prompts strategic shifts in operational approaches for mining firms.
- Investors closely monitor mining stocks, anticipating industry leaders and potential market movers.
📈 Notable Stock Performance
- Riot Platforms (RIOT) led the pack with a remarkable 10.13% increase in stock price to $9.13 on April 19, fueled by the announcement of a new 250-acre mining facility in Texas.
- Marathon Digital (MARA) closely followed with a 9.78% surge to $16.50, while Clean Spark (CLSK) saw a notable rise of 5.98% to $17.20.
💡 Operational Strategies
- The halving event necessitates adjustments in operational strategies for miners to maintain profit margins.
- Miners must either expand operations to compensate for reduced rewards or reconsider their business models to adapt to changing market dynamics.
💼 Industry Insights
- Hut 8 CEO Asher Gennot highlights the importance of preparedness in navigating the volatile mining landscape, emphasizing the risks associated with overleveraging and unanticipated energy costs.
As the Bitcoin halving event unfolds, mining firms are poised to capitalize on strategic opportunities and navigate operational challenges in a dynamic market environment. 🌟
#Bitcoin #MiningStocks #HalvingEvents #MarketSentimentToday $BTC
As Bitcoin celebrated its fourth-ever halving event on April 20, the Nasdaq-listed Bitcoin mining firms witnessed a remarkable surge in share prices, indicating investor anticipation and speculation. Here's a snapshot of the key highlights:
🔍 Halving Event Impact
- The Bitcoin halving event, which slashes miner rewards in half for every block mined, prompts strategic shifts in operational approaches for mining firms.
- Investors closely monitor mining stocks, anticipating industry leaders and potential market movers.
📈 Notable Stock Performance
- Riot Platforms (RIOT) led the pack with a remarkable 10.13% increase in stock price to $9.13 on April 19, fueled by the announcement of a new 250-acre mining facility in Texas.
- Marathon Digital (MARA) closely followed with a 9.78% surge to $16.50, while Clean Spark (CLSK) saw a notable rise of 5.98% to $17.20.
💡 Operational Strategies
- The halving event necessitates adjustments in operational strategies for miners to maintain profit margins.
- Miners must either expand operations to compensate for reduced rewards or reconsider their business models to adapt to changing market dynamics.
💼 Industry Insights
- Hut 8 CEO Asher Gennot highlights the importance of preparedness in navigating the volatile mining landscape, emphasizing the risks associated with overleveraging and unanticipated energy costs.
As the Bitcoin halving event unfolds, mining firms are poised to capitalize on strategic opportunities and navigate operational challenges in a dynamic market environment. 🌟
#Bitcoin #MiningStocks #HalvingEvents #MarketSentimentToday $BTC
🚀🚀 What effect can Btc halving have on? 🚀🚀
The bitcoin halving of 2024 is getting nearer with every passing day and what could we expect from this halving , Let’s have a clear look into that
1. what is halving ?
halving is an Procees where the rewards for mining a block is cut into half. this helps to reduce the amount of new coins coming into circulation.
for example:- If the current rewards for mining a block are 0.1 Btc then after halving it would be 0.05 Btc
How it can impact bitcoin ?
Scenario :- We can see Btc having a major bull run as we have seen in past 2 Halvings as halving is a major bullish event. And we can also see a new Ath is this . This is 60% of the probability.
Scenario 2 :- Btc can certainly get hurt from the overhype of halving. same thing we have seen earlier with LTC this year. but the ultimate goal after the correction of 7-8 months would be to fly high.
which scenario do you think is more possible ? let us know in comments
please do like and follow and Tip us ❤️
(chart credit :- trading view )
#HalvingEvents #BinanceTournament
The bitcoin halving of 2024 is getting nearer with every passing day and what could we expect from this halving , Let’s have a clear look into that
1. what is halving ?
halving is an Procees where the rewards for mining a block is cut into half. this helps to reduce the amount of new coins coming into circulation.
for example:- If the current rewards for mining a block are 0.1 Btc then after halving it would be 0.05 Btc
How it can impact bitcoin ?
Scenario :- We can see Btc having a major bull run as we have seen in past 2 Halvings as halving is a major bullish event. And we can also see a new Ath is this . This is 60% of the probability.
Scenario 2 :- Btc can certainly get hurt from the overhype of halving. same thing we have seen earlier with LTC this year. but the ultimate goal after the correction of 7-8 months would be to fly high.
which scenario do you think is more possible ? let us know in comments
please do like and follow and Tip us ❤️
(chart credit :- trading view )
#HalvingEvents #BinanceTournament
🚀🚨 What’s next for Btc ? 🚀🚀
BTC dropped by like 8% and below 40800 yesterday but currently seems in a mood of accumulation but what could be the next movement ?
Btc’s downward movement was probably to liquidate later longs and As result of some news and The rally according to me isn’t over. But for it btc must close weekly candle above 42k.
if btc fails to do so btc might drop to 38-40k and fill the CME gaps there.
closing of candle is important and one more thing is that today november Cpi data is to be released so we can expect volatility around that time
Follow and like for more also tip us
#BTC #Analysts #HalvingEvents
BTC dropped by like 8% and below 40800 yesterday but currently seems in a mood of accumulation but what could be the next movement ?
Btc’s downward movement was probably to liquidate later longs and As result of some news and The rally according to me isn’t over. But for it btc must close weekly candle above 42k.
if btc fails to do so btc might drop to 38-40k and fill the CME gaps there.
closing of candle is important and one more thing is that today november Cpi data is to be released so we can expect volatility around that time
Follow and like for more also tip us
#BTC #Analysts #HalvingEvents
🌟📈 Bitcoin’s Unstoppable Surge: VanEck Forecasts New Highs in 2024 Despite Economic Downturn 🚀💥
Introduction:
Hey Binance community! Today, let’s dive into the captivating world of Bitcoin. Despite looming economic challenges, investment firm VanEck predicts an exhilarating journey for Bitcoin in 2024. Let’s explore these forecasts and their implications for the crypto market! 🧐💼
Recession Resilience and Bitcoin’s Growth:
VanEck anticipates a U.S. recession in 2024, but this won’t hinder Bitcoin’s ascent. They predict that approvals of spot Bitcoin ETFs and the halving event will propel Bitcoin to all-time highs by Q4. This outlook presents a bullish scenario for Bitcoin, even amidst economic downturns.
Halving Event and Market Implications:
The fourth Bitcoin halving is set for April 2024. Historically, halving events have led to significant price increases, and this time is expected to be no different. VanEck analysts predict Bitcoin will rise above $48,000 post-halving,
A Potential Peak in Bitcoin’s Value:
VanEck’s analysis suggests that Bitcoin could climb to a “Presidential-sized wall of worry” in the U.S. election year, potentially reaching an all-time high by November 2024. They even speculate that if Bitcoin hits $100,000 by December, Satoshi Nakamoto could be named Time Magazine’s ‘Man of the Year’ .
Binance’s Spot Trading Position and NFTs:
2024 could see Binance lose its top spot in crypto exchange by spot trading volume. Analysts expect a rise in decentralized exchange trading and a significant rebound in NFT activity, with top collections on Ethereum and new Bitcoin-based offerings attracting speculators.
The road ahead for Bitcoin and the broader crypto market is filled with exciting possibilities. VanEck’s forecasts highlight Bitcoin’s resilience and potential growth, even in the face of economic challenges. 🌍💬
1. #BitcoinForecast2024
2. #CryptoEconomicTrends
3. #BTCvsRecession
4. #HalvingEvents
5. #Prediction
This content should not be construed as financial advice.
Introduction:
Hey Binance community! Today, let’s dive into the captivating world of Bitcoin. Despite looming economic challenges, investment firm VanEck predicts an exhilarating journey for Bitcoin in 2024. Let’s explore these forecasts and their implications for the crypto market! 🧐💼
Recession Resilience and Bitcoin’s Growth:
VanEck anticipates a U.S. recession in 2024, but this won’t hinder Bitcoin’s ascent. They predict that approvals of spot Bitcoin ETFs and the halving event will propel Bitcoin to all-time highs by Q4. This outlook presents a bullish scenario for Bitcoin, even amidst economic downturns.
Halving Event and Market Implications:
The fourth Bitcoin halving is set for April 2024. Historically, halving events have led to significant price increases, and this time is expected to be no different. VanEck analysts predict Bitcoin will rise above $48,000 post-halving,
A Potential Peak in Bitcoin’s Value:
VanEck’s analysis suggests that Bitcoin could climb to a “Presidential-sized wall of worry” in the U.S. election year, potentially reaching an all-time high by November 2024. They even speculate that if Bitcoin hits $100,000 by December, Satoshi Nakamoto could be named Time Magazine’s ‘Man of the Year’ .
Binance’s Spot Trading Position and NFTs:
2024 could see Binance lose its top spot in crypto exchange by spot trading volume. Analysts expect a rise in decentralized exchange trading and a significant rebound in NFT activity, with top collections on Ethereum and new Bitcoin-based offerings attracting speculators.
The road ahead for Bitcoin and the broader crypto market is filled with exciting possibilities. VanEck’s forecasts highlight Bitcoin’s resilience and potential growth, even in the face of economic challenges. 🌍💬
1. #BitcoinForecast2024
2. #CryptoEconomicTrends
3. #BTCvsRecession
4. #HalvingEvents
5. #Prediction
This content should not be construed as financial advice.
11 years ago...
On 28 Nov. 2012,
The first #HalvingEvents of #Bitcoin took place, when its first slot of 210,000 blocks were competed their mininings, at that time the price of #Bitcoin was $12 in market.. 🙏 #BTC $BTC
On 28 Nov. 2012,
The first #HalvingEvents of #Bitcoin took place, when its first slot of 210,000 blocks were competed their mininings, at that time the price of #Bitcoin was $12 in market.. 🙏 #BTC $BTC
2013: "Bitcoin crashes to $50"
2015: "Bitcoin crashes to $200"
2018: "Bitcoin crashes to $3,000'
2021: "Bitcoin crashes to $30,000"
Every "crash" seems to bottom out higher than the last.
Let's speculate a bit:
2025 (Post-Halving): "Bitcoin crashes to $80,000'.
History repeats with a twist; the new low is now what would have been a dream high years ago.
2028 (Post-Halving): "Bitcoin crashes to $160,000'.
The trend holds; even in a crash,
Bitcoin's lowest ebb is higher than past peaks.
It's an intriguing pattern - each major "crash" sets a new, higher floor,
As always, the future is uncertain, and these are just speculations.
Buckle up,
$BNB $ETH $BTC
#BTC #HalvingEvents #Cryptocurrrency
2015: "Bitcoin crashes to $200"
2018: "Bitcoin crashes to $3,000'
2021: "Bitcoin crashes to $30,000"
Every "crash" seems to bottom out higher than the last.
Let's speculate a bit:
2025 (Post-Halving): "Bitcoin crashes to $80,000'.
History repeats with a twist; the new low is now what would have been a dream high years ago.
2028 (Post-Halving): "Bitcoin crashes to $160,000'.
The trend holds; even in a crash,
Bitcoin's lowest ebb is higher than past peaks.
It's an intriguing pattern - each major "crash" sets a new, higher floor,
As always, the future is uncertain, and these are just speculations.
Buckle up,
$BNB $ETH $BTC
#BTC #HalvingEvents #Cryptocurrrency
#Bitcoin Hourly Chart Analysis
$BTC Ready for next movement towards $38.5k to break-out $40k soon within next 24 hrs.
And,
As per #FIBretracement last cut-off Lower-Low will be around $30.5k to $28.5k before #HalvingEvents while first it breaks on those patterns..
40 38 35 33 30 28... onwards... 🙏
Always #DYOR and Trade with #StopLoss
$BTC Ready for next movement towards $38.5k to break-out $40k soon within next 24 hrs.
And,
As per #FIBretracement last cut-off Lower-Low will be around $30.5k to $28.5k before #HalvingEvents while first it breaks on those patterns..
40 38 35 33 30 28... onwards... 🙏
Always #DYOR and Trade with #StopLoss