$BTC #BtcHalving

Today being 7th April, 2024 at the hour of 23:07 pm UTC block height is at 838,201 leaving an outstanding 1799 blocks to complete it's full height of 840,000 and a quarter of 210,000 for halving to occur.
And as at the time of this post block productions is 158blocks per day.
If 158 blocks per day production is maintained, Bitcoin halving will happen at exactly 11 days from now being 17th April, 2024., note that this date can change and go further by a day or five days depending on the block productions per day.
However, btc has been having upward and downward movement which has mostly been dicing around 65k and 70k as time draws nearer.
will it still deep to 45k or stubbornly remains at these ranges before halving?
But one thing I do know is that btc will surge and double x2 it's last price before halving.
My humble question is are you ready to cash out from this surge?
You can only do so by stocking and holding more. Now is still time.

thanks.
#Write2Earn

🚀 Understanding the Impact of Bitcoin's Halving

The upcoming Bitcoin halving event marks a significant milestone in the cryptocurrency world. This event reduces the reward miners receive for solving a block, effectively slowing down Bitcoin's supply rate. While historical patterns suggest potential price increases, the actual outcomes depend on various external factors.

✅ Potential Post-Halving Scenarios:

👉 Unveiling Increased Bitcoin Price: Historically, halving events have often resulted in surges in Bitcoin's price. The reduction in mining rewards slows down the influx of new Bitcoin, potentially tipping the supply-demand balance and driving prices upward.

👉 Navigating Mining Difficulty and Profitability: With reduced rewards, miners may face challenges in maintaining profitability, leading to potential consolidation within mining pools and alterations in the Bitcoin network's hash rate.

👉 Impact on Altcoins in Bitcoin's Shadow: Bitcoin's dominance often influences altcoin markets. While a surge in Bitcoin's price may momentarily overshadow altcoins, it could also trigger increased interest in alternative cryptocurrencies as investors diversify their portfolios.

👉 Analyzing Market Speculation and Expectations: The halving event ignites speculation and anticipation among investors. Some may perceive it as a buying opportunity, while others strategically position themselves in anticipation of potential price movements.

👉 Evaluating Long-Term Effects: The broader impact of the halving extends beyond immediate price movements, influenced by factors such as regulatory developments, Bitcoin adoption rates, and macroeconomic trends.

Prepare for the Bitcoin halving, a pivotal moment that could reshape the cryptocurrency landscape and unfold new opportunities for investors and enthusiasts alike.

#HotTrends #BTC #BtcHalving #HalvingHorizons #Bitcoin(BTC)

A question - did i make a mistake by closing 90% of my $BOME position at 200% gains?

Dear small #traders would you like to participate in this survey and let's discuss this when the market gives its judgement.

Create Wealth Not Income

#InstinctsNoLuck #Bome #BTC #BtcHalving $BTC