The next $BTC halving is expected around April 19, 2024. This is when the reward for mining new Bitcoins gets cut in half.
Reduced Supply:Â New Bitcoins will be created at a slower rate, potentially increasing scarcity and value. Potential Price Impact:Â Historically, halvings have been followed by price increases, but this is not
guaranteed Volatility:Â The event could lead to short-term price swings.
What to Consider: Long-term investment:Â Halving is a long-term play, focus on your overall investment strategy.
your research:Â Understand the potential risks and don't make decisions based on hype.
Gold surged as inflation fears grew, while crypto slumped on cautious Fed stance.
Coinbase analyst sees opportunity for Bitcoin as 'digital gold' đ°
attracting new investors. ETF accessibility and upcoming halving event highlighted for Q2 positivity. Despite potential price increases from the halving, seasonal slowdown could temper gains. Wall Street giants backing Bitcoin ETF adds to its credibility. đđđ
Predicting cryptocurrency prices is inherently difficult, and there's no guarantee how Shiba Inu (SHIB) will perform after the Bitcoin halving. However, some sources offer positive outlooks: CoinCodex, a forecasting firm,
predicts a possible 225% increase for SHIB,đ
potentially reaching a new all-time high above $0.00009.
It's important to consider: These are predictions, not guarantees.The cryptocurrency market is volatile.Bitcoin halving's impact on SHIB is uncertain.