How might the bitcoin halving impact BTC’s price?
It is not yet clear how the next halving will impact bitcoin’s price. Many commentators believe that the price will follow a similar pattern to the previous three halvings, rising after the event itself as the supply of new coins is constrained.
However, any price rise will depend on how demand for bitcoins shapes up over the course of the halving. Demand is by no means certain to increase – or even remain static – as the market has matured significantly since the last halving in 2020, and there are now many more well-established cryptocurrencies competing for users.
#BTC predicted price 130k before the end of the year 2024 .
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