What is Bitcoin Halving?

What?
It's a predefined process in the Bitcoin protocol that reduces by half the reward miners receive for validating and securing transactions on the Bitcoin network.

When?
This event occurs approximately every four years or after a certain predetermined number of transaction blocks have been mined (roughly every 210,000 blocks).

Why?
The main goal of the halving is to control inflation and maintain the Bitcoin supply limited, contributing to its scarcity and potentially impacting its market value.

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📉💥 Crypto market ‘underestimates the long-term impact’ of Bitcoin halving: Bitwise 💥📉

With the Bitcoin halving just days away on April 20, Bitwise Asset Management warns of historically disappointing price action in the month following this highly anticipated event.
According to Bitwise's analysis, past halvings have seen Bitcoin's price drop in the month immediately afterward. However, in the year following the halving, Bitcoin has witnessed minimum triple-digit percentage gains.

📊 Historical Trends Post-Halving:
- After the 2012 halving, Bitcoin gained 9% in the month after, followed by an astounding 8,839% surge in the subsequent year.
- Similarly, following the 2016 halving, Bitcoin fell 10% in the month after and then soared 285% to peak at $20,000 in 2017.
- In 2020, Bitcoin saw a 6% price gain in the month post-halving, followed by a remarkable 548% pump in the year following.

Bitwise suggests that while the market prices in the short-term impact of the halving, it underestimates the long-term impact based on historical data.

📉 Short-Term Pessimism and Market Corrections:
Industry executives and analysts express short-term pessimism, with expectations of potential market corrections post-halving. Markus Thielen predicts a $5-billion miner sell-off, while Marathon CEO Fred Thiel believes the halving rally was already factored in.

Trader and analyst Rekt Capital highlights significant market corrections ranging from 18% to 23% since the 2022 bear market bottom. Currently, markets have corrected by 16%, suggesting the possibility of further decline.
Fellow analyst Cold Blooded Shiller notes that 30% corrections are not uncommon, hinting at a potential fall in BTC to around $51,000.

🔍 Amidst the uncertainty surrounding the halving, investors brace for potential short-term turbulence while keeping an eye on Bitcoin's long-term trajectory. Stay tuned as the crypto market navigates this pivotal event! 🚀📉 #Bitcoin #BTC #HalvingImpact $BTC $USDC

Exploring the History of Halving

Did you know? The past halving events have had a significant impact on the crypto market! Check out these fascinating stats:

2012: Bull run ignited just 58 days post-Halving.
2016: Bull run kicked off 280 days after Halving.
2020: Bull run started 171 days post-Halving.

Now, with the recent April 19, 2024 Halving, projections suggest a potential surge in the next 1 to 8 months, with prices ranging between $48k to $105k.

Remember, always do your research! Like, comment, and follow for more insights. Let's ride the waves together!

#btchalvingcarnival #BTC

#CryptoHistoryMade #HalvingImpact

Fed Rate Hold: Friend or Foe for Crypto?
The Federal Reserve's decision to likely hold interest rates steady throws some uncertainty at the crypto market.
Here's what we know:
Hold the Line: The Fed is expected to maintain rates between 5.25% and 5.50%, according to PANews. This could be a neutral sign for crypto.
No Easy Button: While a rate cut (generally seen as positive for riskier assets like crypto) is unlikely, holding rates avoids the potential dampening effect of a hike.
Economic Tightrope: The Fed is navigating a tricky economic landscape with inflation concerns. This ongoing uncertainty could keep volatility high in the crypto market.
Bullish Whisper?
Stagnant Rates, Not Rising Rates: Avoiding a rate hike could be seen as a small win for crypto bulls. Rising rates typically make riskier assets less attractive.
Bearish Buzz?
Lingering Uncertainty: The ongoing economic worries the Fed is grappling with could cast a shadow on the crypto market, keeping investors cautious.
The Verdict: It's Complicated
The Fed's decision is unlikely to trigger a major bull or bear trend in crypto. It's more likely to be a wait-and-see situation for the market. Investors will likely be looking for further signs from the Fed and the broader economy before making big moves.

Stay tuned! The crypto market is known for its sensitivity to external factors. We'll need to see how it reacts to the Fed's decision and other economic developments.

#BTC.😉. #HalvingHorizons #TrendingTopic #HalvingImpact #Miners

🚨 Big Alert! 🚨

If you're holding these 4 cryptocurrencies after the 2024 $BTC halving, it's time to pay attention:

1️⃣ Wormhole (W)
2️⃣ Starknet (STRK)
3️⃣ Worldcoin (WLD)
4️⃣ Conflux (CFX)

Following the Bitcoin halving, these cryptocurrencies have become the poorest performers, signaling potential price drops in the near future. While no immediate market surge or decline has occurred, analysts anticipate fluctuations in the coming days.

It's crucial to stay vigilant and consider selling these assets to mitigate potential losses. With market uncertainties ahead, investors should tread carefully and make informed decisions. #CryptocurrencyAlert #BTC #HalvingImpact #Token2049 #BullorBear #Memecoins #WIF