What Effects Will the 2024 Bitcoin Halving Have on BTC? #BTC

With the 2024 Bitcoin Halving looming just 20 days ahead, analysts are offering an optimistic outlook on the price trajectory, suggesting it could reach $100,000 by September this year.

The forthcoming 2024 Bitcoin (BTC) Halving is expected to carry considerable implications for the cryptocurrency market. Analysts, including Rekt Capital, Robert Kiyosaki, and Bitwise CEO Hunter Horsley, have been sharing their insights, offering valuable perspectives on the potential impact of this event on Bitcoin's price trajectory.

In a recent YouTube video, Rekt Capital's analysis delves into the phases of the Bitcoin Halving, comparing the upcoming 2024 cycle with those of 2020 and 2016. The pre-Halving downward phase, characterized by a decline in Bitcoin's price, has been a consistent observation in previous cycles.

You can read more here: https://cryptosignals.org/bitcoin/what-effects-will-the-2024-bitcoin-halving-have-on-btc/