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🟢The 2️⃣0️⃣2️⃣4️⃣ Cryptocurrency Bullish Scenario🟢
💡Bitcoin Halving happens every four years. Mining incentives are cut in half to reduce Bitcoin inflation. Halving is expected in April 2024.
🕰️Historical Analysis:
🆗In 2012, BTC surged 365% before halving and 8,000% after.
🆗2016 saw BTC rise 142% before halving and 284% after.
🆗BTC rose 17% before halving and +559% thereafter in 2020.
Bitcoin halvings frequently lead to big rallies, making investors excited.
🔊ETF Approval
🔸Major financial firms are lining up for Bitcoin ETFs. Interesting, several of these businesses previously doubted crypto.
🔊Gold history:
🔸The first gold ETF launched in November 2004 and received over $1B in days. Gold prices rose shortly after. The trend has the crypto community eagerly expecting a Bitcoin ETF.
🔸BlackRock, a financial giant, is a leading candidate for Bitcoin ETF certification because to its strong SEC approval record.
#BTC $BTC
💡Bitcoin Halving happens every four years. Mining incentives are cut in half to reduce Bitcoin inflation. Halving is expected in April 2024.
🕰️Historical Analysis:
🆗In 2012, BTC surged 365% before halving and 8,000% after.
🆗2016 saw BTC rise 142% before halving and 284% after.
🆗BTC rose 17% before halving and +559% thereafter in 2020.
Bitcoin halvings frequently lead to big rallies, making investors excited.
🔊ETF Approval
🔸Major financial firms are lining up for Bitcoin ETFs. Interesting, several of these businesses previously doubted crypto.
🔊Gold history:
🔸The first gold ETF launched in November 2004 and received over $1B in days. Gold prices rose shortly after. The trend has the crypto community eagerly expecting a Bitcoin ETF.
🔸BlackRock, a financial giant, is a leading candidate for Bitcoin ETF certification because to its strong SEC approval record.
#BTC $BTC
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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