Bitcoin Halving is an event that cuts miners' rewards by 50% and takes place every four years Since its launch in 2009, Bitcoin has gone through three Halvings. The first Halving was on November 28, 2012. The second time was on July 9, 2016. The third time on May 11, 2020. It is expected that the next Halving will take place on April 12, 2024
In the past, Bitcoin prices have fluctuated periodically about every 4 years. Typically, Bitcoin will reach its all-time high price, then there will be a major correction.
After having, if they want to hold more BTC, they will have difficulty because the supply is no longer as abundant as before, leading to an imbalance in supply and demand, causing Bitcoin prices to often increase.
Bitcoin history shows that the price of this token always increases after Halving takes place. The expected price of 100,000 USD is the next target for bitcoin. #btc #Write2Earn #halving2024
If you are holding an altcoin and don't know whether to cut your losses now or not, please refer to my method: B1: Place a sell order at the average price you bought B2: Place 1 more buy order at a price divided by 2 compared to the current price. Step 3: Set an alert when BTC reaches $61,000 and $70,000 Step 4: Turn off the app and focus on work.
Worldcoin (WLD) is facing key resistance at $10,094 and has further hurdles at $11,692. The immediate support level is now at $9,294. With mixed signals from technical indicators, traders may consider a long position on a successful breakout above $10,094. Be cautious of bearish divergence signals from the MACD and make sure to set your stop loss below potential support.#WLD$WLD