๐ The next Bitcoin halving just happened in April 2024 โ cutting miner rewards from 6.25 BTC to 3.125 BTC. Historically, this event reduces supply and sparks long-term bull runs. But will 2024 follow the same trend?
๐ With reduced rewards, mining gets tougher, small miners may exit, and the network could briefly slow down.
๐ However, institutional interest is rising, ETFs are gaining traction, and global regulations are slowly becoming crypto-friendly. All eyes are on BTC to break past key resistance at $70K.
๐ก Investor Tip: Donโt buy into hype โ track volume, sentiment, and on-chain data. Halvings donโt cause instant pumps but often kickstart new cycles.
๐ง Stay smart. Stay patient. Crypto rewards the disciplined.
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