InnovAlain
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$BTC HALVING ALERT! 🚨 1464 Days Left! Meantime 👇
The recent surge in Bitcoin's price has been attributed to various factors, including institutional adoption and the recent halving event, which reduces the rate at which new coins are created. Miners are now rewarded 3.125 BTCs per block and in 1464 Days they will be rewarded for 1.5625. Currently, I see Bitcoin's future still split between optimism and caution. In fact, since its inception, Bitcoin has faced both highs and lows. To determine the next BTC's trend, I would put the attention on the following macro factors:
1) Can Miners Afford Their Current Expenses? 🤔
If miners can't afford expenses and new environmental laws comes in, they might sell BTC and consequently causing prices to drop drastically
2) Will China Join The Run BTC ETFs? 🐲
There are rumors that in the future, thanks to Hong Kong (first mover), Chinese whales might soon access spot BTC ETFs. This event could attract massive inflows in the crypto market.
3) How Long Tension In Israel, Ukraine & North Korea Will Last? 🪖
The expansion of wars could shake up the market even more and make people fall in FUD. This it translates into selling BTC for Gold, Silver and food
4) How Hard Will The Next Wave Of Regulations Hit? 🫵
Any new regulations, bans or restrictions imposed by major economies like the US, China or the EU could drastically affect the investor sentiment and thus the BTC's price.
I believe Bitcoin's long-term prospects will be positive only if miners switch to renewable energy (or find cheaper energy), regulators allow Chinese investors access to Bitcoin ETFs, geopolitical conflicts are resolved peacefully and there's active communication between industry players and policymakers!
STAY TUNED!🔥& Remember, Your Support Is MASSIVELY Appreciated!👍💪- DYOR 🙏 NFA.🤝
#BitcoinHalvingEvent #BitcoinMining #BitcoinNews #BitcoinPricePredictions
The recent surge in Bitcoin's price has been attributed to various factors, including institutional adoption and the recent halving event, which reduces the rate at which new coins are created. Miners are now rewarded 3.125 BTCs per block and in 1464 Days they will be rewarded for 1.5625. Currently, I see Bitcoin's future still split between optimism and caution. In fact, since its inception, Bitcoin has faced both highs and lows. To determine the next BTC's trend, I would put the attention on the following macro factors:
1) Can Miners Afford Their Current Expenses? 🤔
If miners can't afford expenses and new environmental laws comes in, they might sell BTC and consequently causing prices to drop drastically
2) Will China Join The Run BTC ETFs? 🐲
There are rumors that in the future, thanks to Hong Kong (first mover), Chinese whales might soon access spot BTC ETFs. This event could attract massive inflows in the crypto market.
3) How Long Tension In Israel, Ukraine & North Korea Will Last? 🪖
The expansion of wars could shake up the market even more and make people fall in FUD. This it translates into selling BTC for Gold, Silver and food
4) How Hard Will The Next Wave Of Regulations Hit? 🫵
Any new regulations, bans or restrictions imposed by major economies like the US, China or the EU could drastically affect the investor sentiment and thus the BTC's price.
I believe Bitcoin's long-term prospects will be positive only if miners switch to renewable energy (or find cheaper energy), regulators allow Chinese investors access to Bitcoin ETFs, geopolitical conflicts are resolved peacefully and there's active communication between industry players and policymakers!
STAY TUNED!🔥& Remember, Your Support Is MASSIVELY Appreciated!👍💪- DYOR 🙏 NFA.🤝
#BitcoinHalvingEvent #BitcoinMining #BitcoinNews #BitcoinPricePredictions
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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