🛑📢 Bitcoin Update 2024💥💥📈 #btcdumping

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Prediction of BTC price in April 2024 Bitcoin An article that everyone must need to read.

Bitcoin, a digital currency created in 2009, undergoes halving events about every four years. These halvings cut the number of bitcoins miners receive as a reward for verifying transactions, impacting its supply and price. Let's delve into the past halvings and their price effects.

🛑1. The Genesis Block: Bitcoin's Start

- Bitcoin began with no halvings, rewarding miners with 50 bitcoins per block.

🛑2. The First Halving (2012): A Big Step

- In 2012, the first halving reduced rewards from 50 to 25 bitcoins per block.

- Bitcoin's price rose afterward, kicking off a new price trend. The Highest price was $1,170 and the Lowest price was at $12.4.

🛑3. The Second Halving (2016): Growing Interest

- In 2016, rewards decreased from 25 to 12.5 bitcoins per block.

- Bitcoin gained attention from more people and saw a significant price increase. The highest price of Bitcoin was $19,400, while the lowest price was $8,590.

🛑4. The Third Halving (2020): Facing Challenges

- Amid a global pandemic, rewards dropped from 12.5 to 6.25 bitcoins per block.

🛑- Despite concerns, Bitcoin's price rose, attracting more investors and institutions and The highest price of Bitcoin in 2020 after the halving was $67,400, while the lowest price was $535.

🛑5. The fourth halving (2024)

The fourth Halving is set to happened in April 2024 and reward would be reduced to 3.125 from 6.25. During this timeframe, Bitcoin's price is forecasted to reach a minimum of $34,310.52 and a maximum of $120,000, with an average price of $77,500

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