Now Bitcoin Halving is done and Bitcoin is ready for a Parabolic Move but be cautious as a shakeout is necessary to boost the flight to moon.
After a Bitcoin halving event, several trends typically occur: 1. Supply Reduction: The most immediate impact is a reduction in the rate of new Bitcoin creation. Halving cuts the reward miners receive for validating transactions in half, reducing the rate of Bitcoin creation. This is intended to control inflation and ultimately limit the total supply of Bitcoin...
Bitcoin Halving in just 14 days. Possible pullback to FWB:65K ish to grab some liquidity and after a massive rally to $83.500
History Never Repeats, But it Often Rhymes When analyzing the potential impact of the 2024 Bitcoin halving, it is wise to have an in-depth understanding of the price action of previous halving in 2020. This can help us to identify potential patterns and similarities that could play out in the current cycle. Pre-Halving Price Action In the lead-up to the 2022...
This is the question that I will answer for your today. Can Bitcoin hit $110,000 to $120,000 in the next 6-9 months? It is a fair question, many people are bound to ask if prices can recover higher now that a strong correction has taken place... Please allow me to entertain you for a few minutes! Bitcoin peaked April 2021 The bullish wave that took place...