The fourth Bitcoin halving is set to occur on April 19, 2024, around 16:30 Turkey time (UTC+3). Hashrate Index suggests this event could impact Bitcoin's hashrate, with 3-7% potentially going offline if prices hold or rise modestly. If Bitcoin drops to around $48,000, an estimated 16% of hashrate might be affected. Unlike previous halvings, the current bull market and transaction fee activity may allow many miners to stay profitable. While the halving won't disrupt miners drastically, thin margins are expected post-event. Significant BTC price increases are necessary for miners to remain profitable, given rising production costs. Historically, halvings have kickstarted Bitcoin's bull market, and with recent ETF approval, BTC could enter a substantial bull run.#Memecoins#BinanceLaunchpool#BullorBear#BinanceLaunchpool#BullorBear
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