🚨🛑💥💥🚀🚀 $BTC UPDATE 🚀🚀💥💥🛑🚨
The time of $BTC going up is finished. Bitcoin might drop to below $20,000 in the next few weeks.🔥🚀🚀🚀
#Bitcoin halving happens every four years. It means the reward for mining Bitcoin gets cut in half. This was done to keep Bitcoin scarce and prevent too much inflation. If demand for Bitcoin stays the same, its price should go up because there are fewer new Bitcoins being made.🛑🚀🚀🚀
But, in a halving year, Bitcoin's price could go down by 50%. Halving only matters if lots of people want to buy Bitcoin. Otherwise, it won't affect the price much.🌟✨️💫
Right now, Bitcoin's inflation rate is less than 2%. #DavidWeisberger , CEO of CoinRoutes, says it will go down even more with future halvings. That's much lower than Australia's 4.1% inflation.🙊📊✨️💫
#ChrisKline, COO of Bitcoin IRA, says when Bitcoin's supply goes down, its price can go up if more people want to buy it.💥💫✨️🌟
So, don't expect Bitcoin halving to always make the price go up. It depends on how much people want to buy Bitcoin at that time.🫠✨️🌟💫
Follow for more tips every day. #Halving! #TrendingPredictions