What Should We Expect in 2024?
1. Price Increase: Based on historical data, many analysts expect a huge increase in Bitcoin price. However, markets are always unpredictable and different dynamics may come into play this time.
2. Mining Difficulty: Halving mining rewards will increase difficulty for miners. Mining operations that become less profitable may cause smaller miners to leave the market.
3. Market Volatility: Large fluctuations can be seen in the markets before and after the halving. It is important for investors to be prepared for this volatility and act strategically.