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BitcoinHalvingEvent
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#bitcoinhalving #BitcoinHalvingEvent 2days 8hours left, if the price will go higher, what is the lowest price should buy? After the Bitcoin halving event in 2024, various predictions suggest different outcomes for Bitcoin’s price. Here’s a summary of what some experts and analyses are forecasting: Short-Term Increase: CoinCodex predicts that Bitcoin’s price could see a slight increase in the month leading up to the halving event. One month after the halving, Bitcoin is forecasted to trade at approximately $74,600, which would be an 11.1% increase from its current price. Long-Term Rally: Following the minor retracement a month after the 2024 halving, there’s an expectation of a 14-month-long rally leading to a new all-time high at approximately $179,000 by August 2025. Market Patterns: While there’s no clear trend for Bitcoin’s price immediately after each halving, BTC has trended higher during each new halving cycle so far. Significant blockchain protocol events like Bitcoin halvings tend to have a considerable influence on the price of cryptocurrencies.
#bitcoinhalving #BitcoinHalvingEvent 2days 8hours left, if the price will go higher, what is the lowest price should buy?

After the Bitcoin halving event in 2024, various predictions suggest different outcomes for Bitcoin’s price. Here’s a summary of what some experts and analyses are forecasting:

Short-Term Increase: CoinCodex predicts that Bitcoin’s price could see a slight increase in the month leading up to the halving event. One month after the halving, Bitcoin is forecasted to trade at approximately $74,600, which would be an 11.1% increase from its current price.

Long-Term Rally: Following the minor retracement a month after the 2024 halving, there’s an expectation of a 14-month-long rally leading to a new all-time high at approximately $179,000 by August 2025.

Market Patterns: While there’s no clear trend for Bitcoin’s price immediately after each halving, BTC has trended higher during each new halving cycle so far. Significant blockchain protocol events like Bitcoin halvings tend to have a considerable influence on the price of cryptocurrencies.
Via Glassnode on X Whilst the fourth halving is pre-determined to occur at block-height 840,000, the exact date is unknown due to the natural variability and probabilistic nature of mining blocks. Our best estimate given the current average block interval is that the halving is now 100-days away. #BitcoinHalvingEvent
Via Glassnode on X
Whilst the fourth halving is pre-determined to occur at block-height 840,000, the exact date is unknown due to the natural variability and probabilistic nature of mining blocks.
Our best estimate given the current average block interval is that the halving is now 100-days away. #BitcoinHalvingEvent
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5 Phases of The Bitcoin Halving

1. Pre-Halving Downside

The Pre-Halving Downside phase is officially over
It ended with this week's new Weekly Candle Close
Bitcoin has now officially transitioned into the Pre Halving Rally phase

2. Pre-Halving Rally

Approximately 63 days remain until the Bitcoin Halving in April 2024
And ~60 days before the Halving, a Pre-Halving rally tends to occur (light blue)
With the recent Bitcoin breakout, it appears Bitcoin is even slightly ahead of schedule
In anticipation of the Halving, investors "Buy the Hype" in an effort to "Sell the News"

Short-term traders and speculators "Buy The Hype" several weeks before the Halving in anticipation of making a profit from this hype-fuelled rally

Then these speculators "Sell The News" to realise that profit, contributing to a Pre-Halving retrace which occurs only a handful of weeks before the Halving event itself

3. Pre-Halving Retrace

After the Pre-Halving Rally has concluded...
A Pre-Halving retrace tends to occur a couple of weeks before the Halving event itself (dark blue circle)
In 2016, this Pre-Halving retrace was -38% deep
In 2020, this Pre-Halving retrace was -20% deep
This Pre-Halving retrace can last multiple weeks, making investors question whether the Halving was a bullish catalyst on price after all

4. Re-Accumulation

The Pre-Halving retrace is followed by multi-month re-accumulation (red)
This period can last up to 150 days (i.e 5 months)
Many investors get shaken-out in this stage due to boredom, impatience, and disappointment with lack of major results in their BTC investment in the immediate aftermath of the Halving

5. Parabolic Uptrend

Once Bitcoin breaks out from the re-accumulation area breakout into the parabolic uptrend (green)
It is during this phase Bitcoin experiences accelerated growth on its way to new All Time Highs

SOURCE: REKT CAPITAL ON X

$BTC

#Crypto #Bitcoin #bitcoinhalving
The following are the price increases that BTC experienced six months after each halving$BTC The first halving of Bitcoin occurred on November 28, 2012, coinciding with a Bitcoin price of roughly $12. Within six months, by around May 28, 2013, the price had experienced a notable surge, reaching approximately $130, reflecting a substantial increase. The Second Bitcoin halving took place on July 9, 2016, with Bitcoin priced at around $660. By approximately January 9, 2017, the price had climbed to about $900, demonstrating significant value growth over the span of six months. As for the third halving on May 11, 2020, Bitcoin was priced at approximately $8,600. Six months later, around November 11, 2020, the price had surged to over $15,700, indicating substantial appreciation in value. #BTC #BitcoinHalvingEvent

The following are the price increases that BTC experienced six months after each halving

$BTC
The first halving of Bitcoin occurred on November 28, 2012, coinciding with a Bitcoin price of roughly $12. Within six months, by around May 28, 2013, the price had experienced a notable surge, reaching approximately $130, reflecting a substantial increase.
The Second Bitcoin halving took place on July 9, 2016, with Bitcoin priced at around $660. By approximately January 9, 2017, the price had climbed to about $900, demonstrating significant value growth over the span of six months.
As for the third halving on May 11, 2020, Bitcoin was priced at approximately $8,600. Six months later, around November 11, 2020, the price had surged to over $15,700, indicating substantial appreciation in value.

#BTC #BitcoinHalvingEvent
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Bullish
📢Urgent Bitcoin Alert📢: The Time to Buy 🚀is Now—Here’s Why! The decision to always buy or long $BTC based on today's news should be approached with caution. The current cryptocurrency market shows a mix of developments and sentiment, which could affect Bitcoin's price in various ways. Recent trending news highlights include: - MetaMask has implemented real-time security alerts to protect its users, indicating a focus on security in the crypto space​​. $PYTH Network is providing DeFi developers with access to real-time Bitcoin ETF price feeds, bridging the gap between traditional finance and decentralized finance​​. - Cryptocurrency values surged with the official approval of a Bitcoin exchange-traded fund (ETF), indicating positive market sentiment towards Bitcoin​​. However, the crypto market is highly volatile and influenced by numerous factors, including regulatory news, market sentiment, technological advancements, and more. While positive developments such as the approval of a Bitcoin ETF can lead to increased optimism and potential price surges, it's crucial to stay informed and consider a wide range of factors before making investment decisions. Always consider diversifying your investment to manage risk and consult with a financial advisor to tailor investment decisions to your personal financial situation and goals. #Write2Earn #TrendingTopic #BlockchainPower #BullRun2024 #BitcoinHalvingEvent
📢Urgent Bitcoin Alert📢: The Time to Buy 🚀is Now—Here’s Why!

The decision to always buy or long $BTC based on today's news should be approached with caution. The current cryptocurrency market shows a mix of developments and sentiment, which could affect Bitcoin's price in various ways.

Recent trending news highlights include:

- MetaMask has implemented real-time security alerts to protect its users, indicating a focus on security in the crypto space​​.

$PYTH Network is providing DeFi developers with access to real-time Bitcoin ETF price feeds, bridging the gap between traditional finance and decentralized finance​​.

- Cryptocurrency values surged with the official approval of a Bitcoin exchange-traded fund (ETF), indicating positive market sentiment towards Bitcoin​​.

However, the crypto market is highly volatile and influenced by numerous factors, including regulatory news, market sentiment, technological advancements, and more. While positive developments such as the approval of a Bitcoin ETF can lead to increased optimism and potential price surges, it's crucial to stay informed and consider a wide range of factors before making investment decisions.

Always consider diversifying your investment to manage risk and consult with a financial advisor to tailor investment decisions to your personal financial situation and goals.

#Write2Earn #TrendingTopic #BlockchainPower #BullRun2024 #BitcoinHalvingEvent
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Bullish
Bitcoin hits new all-time high, experts predict bullish outlook • Bitcoin's price reached a new all-time high of $69,000 on Tuesday, sparking discussions about its future trajectory. • Some analysts believe this time is different from the previous all-time high in November 2021, citing strong momentum for spot bitcoin ETFs and steady inflows from institutional investors. • The upcoming bitcoin halving, where rewards to miners will be cut in half, is also seen as a positive factor, historically leading to months of uptrend. • However, some experts caution that a short-term correction may occur before a further push towards $100,000, with a potential retracement to the mid-$40,000 level. #BTC #BitcoinHalvingEvent
Bitcoin hits new all-time high, experts predict bullish outlook

• Bitcoin's price reached a new all-time high of $69,000 on Tuesday, sparking discussions about its future trajectory.

• Some analysts believe this time is different from the previous all-time high in November 2021, citing strong momentum for spot bitcoin ETFs and steady inflows from institutional investors.

• The upcoming bitcoin halving, where rewards to miners will be cut in half, is also seen as a positive factor, historically leading to months of uptrend.

• However, some experts caution that a short-term correction may occur before a further push towards $100,000, with a potential retracement to the mid-$40,000 level.

#BTC
#BitcoinHalvingEvent
How Bitcoin Halving influence BTC Bitcoin halving is a prescheduled event where the reward for mining and verifying new blocks is reduced by 50% and miners earn only half the number of BTC per mined block. Scheduled to take place every 210,000 blocks, or approximately every four years, Bitcoin halvings continue until the network has produced the maximum total supply of 21 million BTC. What Happens When Bitcoin Halves? When Bitcoin halves, the reward for mining a new block is cut in half. This reduces the rate at which new BTC are created, effectively lowering the inflation rate of the cryptocurrency. The halving event occurs approximately every four years and is part of Bitcoin's controlled supply, aiming to limit the total number of BTC to 21 million Bitcoin Halving History The mining reward started at 50 BTC per block when Bitcoin was released in 2009. Since then, there have been three halvings. The first Bitcoin halving occurred in November 2012, reducing the mining reward from 50 to 25 BTC. The second halving in July 2016 cut it further to 12.5 BTC. In the third halving in May 2020, the reward was again halved to 6.25 BTC per block. These halvings are integral to Bitcoin's scarcity and inflation control, ensuring that the total supply will never exceed 21 million, aligning with its deflationary principles. First Halving November 28, 2012 On the day of the halving, the price of Bitcoin was approximately $12. Six months later, around May 28, 2013, the price had risen significantly to about $130, showcasing a substantial increase. Second Halving July 9, 2016 The price of Bitcoin was around $660 on the day of the halving. Around January 9, 2017, the price increased to about $900, indicating a considerable growth in value over six months. Third Halving May 11, 2020 Bitcoin's price was approximately $8,600 on the day of the halving and it rose to over $15,700 six months later, around November 11, 2020.#BTC‬ #BitcoinHalvingEvent
How Bitcoin Halving influence BTC
Bitcoin halving is a prescheduled event where the reward for mining and verifying new blocks is reduced by 50% and miners earn only half the number of BTC per mined block. Scheduled to take place every 210,000 blocks, or approximately every four years, Bitcoin halvings continue until the network has produced the maximum total supply of 21 million BTC.

What Happens When Bitcoin Halves?
When Bitcoin halves, the reward for mining a new block is cut in half. This reduces the rate at which new BTC are created, effectively lowering the inflation rate of the cryptocurrency. The halving event occurs approximately every four years and is part of Bitcoin's controlled supply, aiming to limit the total number of BTC to 21 million

Bitcoin Halving History
The mining reward started at 50 BTC per block when Bitcoin was released in 2009. Since then, there have been three halvings. The first Bitcoin halving occurred in November 2012, reducing the mining reward from 50 to 25 BTC. The second halving in July 2016 cut it further to 12.5 BTC. In the third halving in May 2020, the reward was again halved to 6.25 BTC per block. These halvings are integral to Bitcoin's scarcity and inflation control, ensuring that the total supply will never exceed 21 million, aligning with its deflationary principles.

First Halving
November 28, 2012
On the day of the halving, the price of Bitcoin was approximately $12. Six months later, around May 28, 2013, the price had risen significantly to about $130, showcasing a substantial increase.

Second Halving
July 9, 2016
The price of Bitcoin was around $660 on the day of the halving. Around January 9, 2017, the price increased to about $900, indicating a considerable growth in value over six months.

Third Halving
May 11, 2020
Bitcoin's price was approximately $8,600 on the day of the halving and it rose to over $15,700 six months later, around November 11, 2020.#BTC‬ #BitcoinHalvingEvent
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#BTC #ETH #ETF unless something changes drastically, $49k may have been the top. This is important. Historically #Bitcoin will pullback going into the #BitcoinHalvingEvent 1st halving - 48%, -40%, -48%, and now the halving is a few months away. I'm going with $28.8k summer lows as my main target for some wick action, but 34k, 32k, 30k, this isn't for #Leverage so it makes little difference to me in the long run. Some time has passed since my last post, but nothing has changed. We are right on track. $BTC $FIL $FTM $SOL $BLUR @Krypto1signals
#BTC
#ETH
#ETF
unless something changes
drastically, $49k may have been the top.
This is important. Historically #Bitcoin will
pullback going into the
#BitcoinHalvingEvent
1st halving - 48%,
-40%, -48%, and now the halving is a few
months away. I'm going with $28.8k
summer lows as my main target for some
wick action, but 34k, 32k, 30k, this isn't
for #Leverage so it makes little difference
to me in the long run. Some time has
passed since my last post, but nothing has
changed. We are right on track. $BTC
$FIL
$FTM $SOL $BLUR
@Krypto1signal
What is the Bitcoin Halving? Halving 1 Genesis Block Jan 3, 2009 BTC halving Date Halving 2 210,000 Block Height Nov 28, 2012 BTC halving Date Halving 3 420,000 Block Height July 9, 2016 BTC halving Date Halving 4 630,000 Block Height May 11, 2020 BTC halving Date Halving 5 840,000 Block Height 2024 ______ BTC halving Date The Bitcoin Halving, also known as the "Halvening," is a programmed occurrence in the Bitcoin protocol that occurs every 210,000 blocks, approximately every four years. It reduces the reward that miners receive for verifying blockchain transactions. This process is intended to manage the creation of new bitcoins and uphold their scarcity, thereby ensuring a limited BTC supply. Essentially, the halving halves the BTC rewards granted to miners. In the original Bitcoin whitepaper released by the pseudonymous Satoshi Nakamoto in 2008, it was stipulated that there would be a fixed supply of 21 million bitcoins. This fixed supply mechanism was implemented to prevent inflation and emulate the scarcity of precious metals such as gold. By controlling the pace at which new bitcoins are produced, the protocol strives to establish a deflationary currency with the potential to maintain or increase its value over time. Therefore, the Halving plays a crucial role in regulating the pace at which new bitcoins enter circulation, progressively slowing down the generation of new coins. When Bitcoin was initially introduced in 2009, miners were rewarded with 50 BTC for each block they successfully added to the blockchain. The first Halving event occurred in 2012, reducing the block reward to 25 BTC. Subsequent Halvings in 2016 and 2020 further decreased the reward to 12.5 and 6.25 bitcoins, respectively. The upcoming Bitcoin Halving will reduce the block reward to 3.125 BTC and is anticipated to take place in April 2024 (when the block height reaches 840,000). $BTC $ETH $BNB #BTC #BitcoinETFapproved #BitcoinHalvingEvent #BTCETFSPOT #MemeCoinAnalysis
What is the Bitcoin Halving?

Halving 1 Genesis Block Jan 3, 2009 BTC halving Date
Halving 2 210,000 Block Height Nov 28, 2012 BTC halving Date
Halving 3 420,000 Block Height July 9, 2016 BTC halving Date
Halving 4 630,000 Block Height May 11, 2020 BTC halving Date
Halving 5 840,000 Block Height 2024 ______ BTC halving Date

The Bitcoin Halving, also known as the "Halvening," is a programmed occurrence in the Bitcoin protocol that occurs every 210,000 blocks, approximately every four years. It reduces the reward that miners receive for verifying blockchain transactions. This process is intended to manage the creation of new bitcoins and uphold their scarcity, thereby ensuring a limited BTC supply.

Essentially, the halving halves the BTC rewards granted to miners. In the original Bitcoin whitepaper released by the pseudonymous Satoshi Nakamoto in 2008, it was stipulated that there would be a fixed supply of 21 million bitcoins. This fixed supply mechanism was implemented to prevent inflation and emulate the scarcity of precious metals such as gold. By controlling the pace at which new bitcoins are produced, the protocol strives to establish a deflationary currency with the potential to maintain or increase its value over time.

Therefore, the Halving plays a crucial role in regulating the pace at which new bitcoins enter circulation, progressively slowing down the generation of new coins. When Bitcoin was initially introduced in 2009, miners were rewarded with 50 BTC for each block they successfully added to the blockchain. The first Halving event occurred in 2012, reducing the block reward to 25 BTC. Subsequent Halvings in 2016 and 2020 further decreased the reward to 12.5 and 6.25 bitcoins, respectively. The upcoming Bitcoin Halving will reduce the block reward to 3.125 BTC and is anticipated to take place in April 2024 (when the block height reaches 840,000).
$BTC $ETH $BNB
#BTC #BitcoinETFapproved #BitcoinHalvingEvent #BTCETFSPOT #MemeCoinAnalysis
Less than 2 months left until Bitcoin halving ⏳ At the current block mining time $BTC halving will happen in 59 days or on April 7, 2024. Since the beginning of the current halving period, the price grew 396% whilst during past halvings it grew for at least 1240%. If the Bitcoin price grows as much as it did during the past halvings, one BTC would be worth at least $115,000 in April. #btchalving #BitcoinHalvingEvent #BTCHALVING #Halving #Halving2024
Less than 2 months left until Bitcoin halving ⏳

At the current block mining time $BTC halving will happen in 59 days or on April 7, 2024. Since the beginning of the current halving period, the price grew 396% whilst during past halvings it grew for at least 1240%.

If the Bitcoin price grows as much as it did during the past halvings, one BTC would be worth at least $115,000 in April.

#btchalving #BitcoinHalvingEvent #BTCHALVING #Halving #Halving2024
Should you buy Bitcoin before the halving?Should you buy Bitcoin before the halving? It's a tempting question, with Bitcoin's price historically rising around halvings. But remember, crypto is volatile! Here's a quick breakdown: Potential upsides: Reduced supply: Halvings cut new Bitcoin in half, potentially increasing demand and price. Stronger network: Bitcoin's tech and security are maturing, attracting more investors. Long-term potential: Bitcoin is still young, with room for significant growth. Potential downsides: Unpredictable market: Past performance doesn't guarantee future gains. Bitcoin could drop. Already priced in: Some say the halving's impact is already factored into the price. Other options exist: Diversifying across asset classes can mitigate risk. Ultimately, it's your call. Weigh the risks and rewards carefully, and base your decision on your own financial situation and risk tolerance. Remember, only invest what you can afford to lose! P.S. Do your own research before investing in any asset, including Bitcoin. #bitcoin #binance #BitcoinHalvingEvent #DYOR。

Should you buy Bitcoin before the halving?

Should you buy Bitcoin before the halving?
It's a tempting question, with Bitcoin's price historically rising around halvings. But remember, crypto is volatile! Here's a quick breakdown:
Potential upsides:
Reduced supply: Halvings cut new Bitcoin in half, potentially increasing demand and price.
Stronger network: Bitcoin's tech and security are maturing, attracting more investors.
Long-term potential: Bitcoin is still young, with room for significant growth.
Potential downsides:
Unpredictable market: Past performance doesn't guarantee future gains. Bitcoin could drop.
Already priced in: Some say the halving's impact is already factored into the price.
Other options exist: Diversifying across asset classes can mitigate risk.
Ultimately, it's your call. Weigh the risks and rewards carefully, and base your decision on your own financial situation and risk tolerance. Remember, only invest what you can afford to lose!
P.S. Do your own research before investing in any asset, including Bitcoin.
#bitcoin #binance #BitcoinHalvingEvent #DYOR。
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