What Can We Expect from the Next Bitcoin Halving?
With the next Bitcoin halving just within reach, the entire crypto market is eagerly waiting with bated breath for an upcoming bull run. Halving countdowns are cropping up across the internet, with cryptocurrency exchanges like Binance scratching off the days individually.
As always, it’s important not to get swept up in the euphoria of the occasion. Just because every previous halving has signaled an incoming bull market does not guarantee new all-time highs.
We’ve witnessed higher amounts of volatility ahead of the 2024 halving than in previous years, with thousands of traders investing millions in the crypto market in anticipation of the upcoming halving.
Already, BTC is approaching new all-time highs well before the scheduled date, an unfamiliar occurrence in Bitcoin history. This may not be the only ‘first’ we witness in this cycle.
