#btchalving
Exploring Bitcoin's Halving Day Phenomenon: An Analytical Review
Have you ever pondered the intricate behavior of Bitcoin during its halving day? A look back at cryptocurrency history provides intriguing insights into its price fluctuations surrounding this significant event.
In 2012, Bitcoin held steady during the halving, then embarked on a remarkable climb shortly after, soaring from $12 to an astonishing $1166 in just 380 days—an unprecedented surge of 9500%.
Four years later, in 2016, a similar pattern emerged as Bitcoin again remained relatively unchanged during the halving. However, it experienced a brief -29% dip afterward, quickly followed by a strong recovery. This led to Bitcoin skyrocketing from $470 to an incredible $19600, marking a meteoric rise of 4100% over 500 days.
Moving to 2020, Bitcoin faced a minor setback with a -17% dip shortly before the halving. Despite this, the following months saw a period of consolidation. Yet, within 547 days, Bitcoin surged from $8700 to an astonishing $69,000.
Now, as we approach the 2024 halving, Bitcoin is in unfamiliar territory. It has reached a new all-time high before the halving, currently consolidating near this peak with one of the highest monthly closes ever recorded.
Whether we see sideways movement or a slight correction in the near future, one thing is clear—Bitcoin's trajectory suggests upward movement in the coming months.
In the realm of cryptocurrency, downturns present opportunities. Stay strong, as dips are chances to seize. Let not uncertainty waver your determination.
#eth #bnb

Why BTC and all other cryptocurrencies has fallen?
Well, you may think this was a usual fall as same happened recently when BTC failed to break its resistance point.

You are completely wrong! The reason behind the fall market is Pre BTC Halving Effect…

Let’s look at some data:
1st Bitcoin Halving:

Date: November 28, 2012
Reward reduction: 50 BTC to 25 BTC
Total Bitcoin supply: About 10.5 million
Price 1 day before: Around $11 per BTC

2nd Bitcoin Halving:
Date: July 9, 2016
Reward reduction: 25 BTC to 12.5 BTC
Total Bitcoin supply: About 15.75 million
Price 1 day before: Around $657 per BTC

3rd Bitcoin Halving:
Date: May 11, 2020
Reward reduction: 12.5 BTC to 6.25 BTC
Total Bitcoin supply: About 18.375 million
Price 1 day before: Around $8,600 per BTC

4th Bitcoin Halving (Estimated):
Date: April 19, 2024
Reward reduction: Expected from 6.25 BTC to 3.125 BTC
Total Bitcoin supply (Estimated): About 19.6875 million
Price 1 day before: Cannot be accurately predicted.

I know it’s confusing. Let me explain..

How Bitcoin actually works?
Well, Bitcoin haven’t started like current ETH based coins where the developers mint as many coin they want and start airdropping.

BTC was programmed in a way, that if you need BTC you must mine it. Even the founder of Bitcoin, he also mined Bitcoin and stored in his wallet.

The more the number of blocks in the network, the more complicated the mining process gets. Basically miners are behind all the transactions confirmation. If you haven’t read my post on Halving, I would suggest you to go and read all my post. I use most simple words to explain.

The issue is, the founder knew, as technology will evolve, mining will be easier. So more and more people will start mining Bitcoin, so market supply will be increasing dramatically.

So he decided to write a function that eventually reduces the rewards by half. So in feature, a point will came when the total supply will decrease instead of increasing. And the point is 21 million Bitcoin which will be the max supply of Bitcoin in lifetime.

#trendingtopic #btchalving

At the current Bitcoin block mining time of 10.5 minutes per block the $BTC halving will happen in 1514 days or on June 30, 2028.

#BitcoinHalving2028 #btchalving #halving

I can't think of tomorrow when it rose like this at $BTC over the weekend. If it closes with 65000, it wouldn't be a coincidence that it will see 68000 or 69000 by next week. There are very large volume liquidations in the 72000s, it is their turn. #btchalving

What happened in Crypto in the last 24h?🚨

1- $DREP Big announcement
2- $GNS V8 Update
3- $MKR Dai savings rate
4- $JAMSY Depin Project
5- $JTO Grant program
6- $PHB Hypermatrix
7- $WLD Sam Altman returns

👇

• Just as the AI sector is up due to Nvidia GTC 2024, the gaming sector is generally up due to the GDC 2024 conference.

• $AGI - Delysium currently holds sole first place in the "Binance Futures NEXT" vote.

• $DREP - DREP has teased a big announcement on March 11.

• $GNS - Gains Network announced the release of the gTrade V8 update by end of March.

• $MKR - MakerDAO raises fees and Dai savings rate to counter potential market-driven Dai demand shock.

• $JASMY - Jasmy announced the upcoming launch of its first incubated DePIN project,
@JanctionMGT
.

• $JTO - Jito hosted his first AMA. It appears that a grant proposal (JIP-1) will be proposed soon.

• $PHB - Phoenix unveils AlphaNet Hypermatrix, a new AI-driven trading infrastructure.

• $WLD - Worldcoin postponed their WorldApp grant + Sam Altman returns to the OpenAI board of directors. $ARKM

#HotTrends #GALA #BTC.😉. #btchalving #cryptotoday #marketupdate

Another Chart Wizardry by @StingTraderX ‼️

Stay tuned for more updates..

$BTC
#btchalving
#write2earn🌐💹

Altcoins Update:

Altcoins are dropping hard as Bitcoin Dominance breaks a major resistance level. The Dominance may test this level and see if it breaks below it. We only see an uptrend in altcoins if Dominance breaks below the 55% level.

#Altcoinseason2024
#BTCdominance
#btchalving
$BTC $ARB $MANTA

SOL : The bears are trying to push back the bulls

SOL continues to form a correction during the recovery phase again, receiving support at 130.85. However, overcoming the broken support level around 167.00 is still a challenge and a target.

If the bulls cannot muster enough strength to overcome this support, the bears could sink it to the next line of defense at 99.05 (as indicated on the 1D chart)
#sol #solana #btchalving

How Does Bitcoin Halving Affect Miners?

For miners, the Bitcoin halving results in a reduction of their mining rewards by half.However, this doesn't necessarily lead to lower profitability.

The reason is that the value of the Bitcoin they earn, despite being halved, is likely to increase.

To continue being profitable after the halving, miners need to make their hardware more efficient and use less electricity when the mining difficulty changes.
$BTC $USDC $ETH
#bitcoinhalving
#BTCHalvingApril2024
#btchalving

Dear friends,

As committed, I fulfil my signal 🚨

As per my last signal.

Thanks for having faith on me.

Thanks for following me,

Wait for more. To get more signals.

Best of luck. #HotTrends $BTC $ETH #halvingofbtc #btchalving

💥IMPORTANT BITCOIN HALVING PROGNOSIS💥

$BTC  might drop to $40,000 - $50,000 at halving date.

All non-professional and new traders will be liquidated. The chance is there.
After panic selling, whales will begin with their massive buying to super pump prices.
Spread funds among some trusted coins and do the following activities.

▪Buy short trading(Scalping)
▪Follow drops
▪Buy at dip (check previous detail post for dip)

The point is to make a fortune with a small investment.

Don't give your money to the whales.
If you use leverage then you must know you almost
This is my personal opinion.

Do your research before making any entry.
All the Best,
@Solid Tech
FOLLOW FOR MORE UPDATES 🙏
#BinanceLaunchPool 🔥  #bitcoinhalving  #BullorBear #btchalving  #dumpNpump

It's just the beginning! BTC is already Precified before halving, people will start selling now, time for a good correction, do DCA always as you can.

#bitcoin #halving #btchalving #HalvingEffect $BTC

$BTC

IMPORTANT UPDATE‼️

BTC will keep dumping along the upcoming 1-3 months till it reaches 38,000-32,000 📉↘️

It will pass by 2 main corrections phases followed by dumps ⤵️⤵️⤵️.. then we have the awaiting GREAT PUMP ↗️↗️

Stay tuned for more predictions 🤔

#BTC‬
#btchalving
#chart_wizardry
#write2earn🌐💹

Coti is exploding and the halving is yet to begin 🚀

$BTC $COTI

#coti #cotimoon #btc #btchalving #bullrun

Greetings and good afternoon
After spending two days at my sister's house, I noticed the market's downturn this morning. I decided to close my Polyx trade, anticipating a more than 10% drop in Bitcoin's price (from 60k to 50k). However, I'm still holding onto #$ORDI , $XRP , and $AGIX .

Despite seeing our spot holdings decrease by over 30%, we remain hopeful for a recovery within a month.

#TrendingTopic #btchalving 2024

Looking forward to April 2024, it appears to be a favorable time for both Bitcoin and altcoins following the halving event. This often triggers an "alt season," characterized by increased attention and price surges for altcoins. Additionally, many experts predict a steady climb in Bitcoin's price post-halving, potentially surpassing previous peaks. Therefore, despite the current market challenges, there's optimism for a promising future in crypto.

#HotTrends #btcdumping

It's about time for you to get on something BIG this coming 2024. 🤯🤯🤯 I guess you'll miss out on this just like #avive #altseason #bnb #eth #btchalving
https://ice.io/@deicideus

$BTC $ETH $BNB The upcoming Bitcoin halving could see a potential drop to $40,000 - $50,000, which might lead to liquidation for inexperienced traders. Following this, whales are expected to initiate significant buying, causing prices to surge. It's advisable to diversify investments across reliable coins and engage in short-term trading strategies like scalping and buying during dips to maximize profits. Research is crucial before investing, and leverage users should be cautious. This is solely my perspective, and thorough research is recommended before taking any actions. Best wishes, Professor Mende. #BinanceLaunchPool #bitcoinhalving #BullorBear #btchalving #dumpNpump

Why You make loss
Reason and to avoid loss strategy
.
Reasosn:
In Recent market as per our analysis maximum future signals are followed at the same time same price same direction which leads to loss.
For example
when we all trade future on buy long direction it force the market down to fall and we all makes loss
..
same trade future on sell short direction it force the market to rise high and we all make loss

How to avoid
1st strategy:
the best strategy is to analyse the market by yourself , if you don't have any knowledge ask in the comment section I will show you free courses from the professional Online Institutes
.
2nd strategy :
when somebody provide signal for most of the market users use it opposite
for example
if buy long signal is placed by most of the market users means they are pushing market down so you have to sell short and vice versa
.
Note important for the 2nd strategy:
this strategy always worked for me, but after this post many binancian will follow this strategy and this will lead to react the same as the reason above stated and lead to high market volatility, So it will be hard to guarantee you profit after this post
.
Follow @Qaraar for more knowledge and market Learning
#knowledge #learn2earn #profitable #looser #btchalving $BTC $BNB $ETH

$BTC Halving is few hours away..!
market can dump for some time after halving but definitely will rise again... #BTC #btchalving #BTC🔥🔥🔥🔥🔥🔥 #BTCboom #Megadrop

$COMBO 🔥🔥 is ready to pump now

Buy #COMBO in spot and hold it today until u gain profit

Profit Up To You ...

But ..
keep it in mind you are in a high voilitil Market Before any invest Do u r own research .

follow me for more signal's

#TrendingTopic #Write2Earn‬ #bullrunbegin #btchalving

$RNDR $SOL