Bitcoin will halve around April 2024. Despite challenges to miner revenue in the short term, underlying on-chain activity and positive market structure updates make this halving different on a fundamental level.
JinseFinance2023 will definitely be a saving grace for Bitcoin miners.
JinseFinanceScott Melker believes that during the last halving cycle, the price of Bitcoin rose from a high of $20,000 to a high of $69,000, an appreciation of 250.86%. If a similar trend emerges, “Bitcoin will be at $240,000.”
JinseFinanceThe recent Bitcoin price decline is a concoction of CME futures outflows, spot sales, and structural shifts. However, analysts predict a swift attenuation of these effects, paving the way for a stabilizing Bitcoin price in the near future.
SanyaThe price of Bitcoin is stuck in consolidation, and the market atmosphere is in a tug-of-war state. On the one hand, increased institutional investment has brought optimism, and on the other hand, concerns about potential sell-offs by miners have posed pressure.
JinseFinanceIn 2023, the influence of the Metaverse concept on a global scale has been declining. Whether it is Google Trends, Baidu Index or WeChat Index, if you search for keywords such as "Metaverse" and "Metaverse", the popularity curve will drop off a cliff.
JinseFinanceAccording to Path Crypto’s David Liang, Bitcoin prices may slow down as we approach the halving in April 2024.
JinseFinanceWeb3 innovators in 2024 should no longer use weak technical infrastructure as an excuse.
JinseFinanceA casual dash over the $25,000 mark is fully retraced as weekend trading produces some classic volatility.
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