Will Bitcoin witness a historic surge after halving?
"If you don't believe me, or don't understand, I don't have time to convince you, sorry." - Satoshi Nakamoto, July 29, 2010
JinseFinance"If you don't believe me, or don't understand, I don't have time to convince you, sorry." - Satoshi Nakamoto, July 29, 2010
JinseFinanceNow that the bull market seems to be within reach, will this halving cycle follow the same rhythm as the previous ones?
JinseFinanceSince the birth of Bitcoin, its unique economic model and fixed supply mechanism have always been the focus of market attention.
JinseFinanceAfter the Bitcoin halving in 2024, the new supply of Bitcoin entering the market will exceed that of gold for the first time.
JinseFinanceThe current price trend is just the beginning of a long-term bull market, and the upward trend in prices will need to go further to push supply and demand dynamics into balance.
JinseFinanceAnthony Scaramucci predicts Bitcoin could surge to $170,000 post-halving, citing historical cycles and a 'conservative' estimate. Embracing Bitcoin's potential, industry leaders like Scaramucci and BlackRock's Larry Fink anticipate a transformative future, with the April 2024 halving event playing a crucial role.
JoyBoth on-chain valuations and network metrics suggest that Bitcoin remains in a bull cycle.
JinseFinanceThe last Bitcoin halving took place on May 11, 2020, and the next bitcoin halving will likely occur in 2024.
CoindeskBitcoin’s hashrate is reaching all-time highs, and it’s causing confusion about “the halvening” on Twitter.
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