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🤨 What's up with the halving ? Bitcoin big shot Arthur Hayes predicts that after the halving, "Bitcoin prices and crypto in general will take a hit." 📊 Hayes, co-founder and ex-CEO of BitMex, thinks the halving might kick off "a massive sell-off of crypto assets." ⚡ The halving happens every four years and this time it's scheduled for April 20. Miners' rewards will drop from 6.25 $BTC to 3.125 BTC, making it the fourth halving since #Bitcoin started in 2009. 💸 Arthur Hayes says the shortage of USD liquidity is messing with asset prices, which means we gotta shake up our trading tactics. __ 🚀 Get exclusive updates from LocademiaCripto! Simply hit the like button to unlock premium news and educational materials. Your support means the world to us, so don't miss out—give us a thumbs up now! #HalvingEffect #predictons

🤨 What's up with the halving ? Bitcoin big shot Arthur Hayes predicts that after the halving, "Bitcoin prices and crypto in general will take a hit."

📊 Hayes, co-founder and ex-CEO of BitMex, thinks the halving might kick off "a massive sell-off of crypto assets." ⚡ The halving happens every four years and this time it's scheduled for April 20. Miners' rewards will drop from 6.25 $BTC to 3.125 BTC, making it the fourth halving since #Bitcoin started in 2009.

💸 Arthur Hayes says the shortage of USD liquidity is messing with asset prices, which means we gotta shake up our trading tactics.

__

🚀 Get exclusive updates from LocademiaCripto! Simply hit the like button to unlock premium news and educational materials. Your support means the world to us, so don't miss out—give us a thumbs up now! #HalvingEffect #predictons

Felelősségkorlátozó nyilatkozat: Harmadik felek véleményét tartalmazza. Nem minősül pénzügyi tanácsnak. Lásd a Feltételeket.
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Just last month, many were claiming that Bitcoin would hit $100,000, highlighting an epic bull run in the first quarter of 2024. While not quite there yet—already surpassing half the mark, with 90% of holders making profits. And all this has been propelled by the much-anticipated Bitcoin halving event. However, that rally came to an abrupt halt this week when BTC fell to March levels, just above $60,000, in response to two major pieces of news: 1. Federal Reserve Chairman Jerome Powell's statement on inflation concerns suggests that restrictive monetary policies will continue, a historically unfavorable scenario for Bitcoin. 2. Geopolitical tensions in the Middle East initially sparked volatility, reflecting a state of (momentary) panic, while on the other hand, gold saw an increase. Perhaps the most reassuring fact at the moment is that the major BTC holders, known as Bitcoin Whales, are refusing to sell, while accumulation addresses have acquired $1.7 billion in Bitcoin in a single day. Some experts believe that “based on previous halvings, it should not take more than eight months for the Bitcoin price to double.” It would be a rewarding scenario to find ourselves in, but is there more for the wealthy in the crypto ocean? Just look to the East, where spot Bitcoin ETFs are being discussed in various states, with Hong Kong products already approved in principle. All this sounds great for adoption, but will the whales share this vision? Time will tell. $BTC #BullorBear #bitcoinhalving
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