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BTCstructure

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Kylee Miggo QiuQ
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Bullish
Only analyze and trade on #BTC even if you start from 5 dollars because this follows the structure more accurately then other markets. What do you think about this comment below. #BTCstructure #whyBTCisPopular
Only analyze and trade on #BTC even if you start from 5 dollars because this follows the structure more accurately then other markets. What do you think about this comment below.
#BTCstructure #whyBTCisPopular
Why #Btc is still No.1? The total supply of Bitcoin is capped at **21 million coins**, as defined by its creator, Satoshi Nakamoto. This hard limit is enforced by Bitcoin's underlying code and cannot be changed without overwhelming consensus from the network. ### **When Will All Bitcoin Be Mined?** Bitcoin is released gradually through a process called **mining**, where miners validate transactions and are rewarded with new BTC. The rate of new Bitcoin creation is halved approximately every **four years** in an event called the **"halving"**. - **Current block reward (as of 2024):** 3.125 BTC per block (after the April 2024 halving) - **Next halving (expected):** ~2028 (block reward drops to 1.5625 BTC) Based on the current emission schedule, the last Bitcoin is expected to be mined around the year **2140**. After that, miners will only earn transaction fees (no new BTC will be created). ### **Key Points:** 1. **~19.7 million BTC** have already been mined (as of 2024). 2. The remaining ~1.3 million BTC will be slowly released over the next ~116 years. 3. The final Bitcoin will likely be mined in **2140**, but due to rounding effects, the last fractions may take even longer. After 2140, #BitcoinSupply will remain fixed at **21 million**, making it a truly scarce asset. #BTCstructure #BTC🔥🔥🔥🔥🔥
Why #Btc is still No.1?
The total supply of Bitcoin is capped at **21 million coins**, as defined by its creator, Satoshi Nakamoto. This hard limit is enforced by Bitcoin's underlying code and cannot be changed without overwhelming consensus from the network.

### **When Will All Bitcoin Be Mined?**
Bitcoin is released gradually through a process called **mining**, where miners validate transactions and are rewarded with new BTC. The rate of new Bitcoin creation is halved approximately every **four years** in an event called the **"halving"**.

- **Current block reward (as of 2024):** 3.125 BTC per block (after the April 2024 halving)
- **Next halving (expected):** ~2028 (block reward drops to 1.5625 BTC)

Based on the current emission schedule, the last Bitcoin is expected to be mined around the year **2140**. After that, miners will only earn transaction fees (no new BTC will be created).

### **Key Points:**
1. **~19.7 million BTC** have already been mined (as of 2024).
2. The remaining ~1.3 million BTC will be slowly released over the next ~116 years.
3. The final Bitcoin will likely be mined in **2140**, but due to rounding effects, the last fractions may take even longer.

After 2140, #BitcoinSupply will remain fixed at **21 million**, making it a truly scarce asset.
#BTCstructure #BTC🔥🔥🔥🔥🔥
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