Bitcoin is on the verge of its fourth-ever halving event, set to occur on April 20. The event, reducing block rewards from 6.25 BTC to 3.125 BTC, is sparking celebrations globally. From online parties to physical events, Bitcoin enthusiasts are gearing up for the occasion. Analysts advise a long-term investment approach amidst potential short-term volatility post-halving. Historical data suggests a 'buy the rumor, sell the news' trend following the event. Industry leaders anticipate a sell-off similar to past occurrences. However, with evolving market dynamics and regulatory landscapes, some foresee Bitcoin surpassing $100,000 post-2024. The halving marks a significant milestone in Bitcoin's journey, with enthusiasts and investors alike eagerly awaiting the outcome. Read more AI-generated news on: https://app.chaingpt.org/news