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M Sajid Waseem
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Following the highly anticipated Bitcoin Halving event, where block rewards decreased from 6.25 BTC to 3.125 BTC, all eyes are on Bitcoin's future trajectory. This mechanism, occurring every four years, ensures predictable inflation for Bitcoin by gradually slowing down the production of new coins. With the daily production dropping from 900 BTC to 450 BTC, there's expected to be a decrease in short-term selling pressure from miners, potentially leading to positive price impacts in the medium and long term. Historical data suggests that previous halving events have been followed by significant price increases, with Bitcoin seeing substantial growth in the months following each halving. As investors eagerly await the outcome, the focus remains on how Bitcoin's price will react in the wake of the most recent halving event.#bitcoinhalving #Megadrop #BullorBear

Following the highly anticipated Bitcoin Halving event, where block rewards decreased from 6.25 BTC to 3.125 BTC, all eyes are on Bitcoin's future trajectory. This mechanism, occurring every four years, ensures predictable inflation for Bitcoin by gradually slowing down the production of new coins. With the daily production dropping from 900 BTC to 450 BTC, there's expected to be a decrease in short-term selling pressure from miners, potentially leading to positive price impacts in the medium and long term. Historical data suggests that previous halving events have been followed by significant price increases, with Bitcoin seeing substantial growth in the months following each halving. As investors eagerly await the outcome, the focus remains on how Bitcoin's price will react in the wake of the most recent halving event.#bitcoinhalving #Megadrop #BullorBear

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