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๐Ÿš€ Bitcoin Halving 2024: What to Expect & How to Prepare!

Bitcoin's next halving is just around the corner, expected in April 2024! If history repeats itself, this event could trigger a major bull run. But what should traders and investors expect this time?

๐Ÿ”น What is Bitcoin Halving?

Every 4 years, Bitcoin mining rewards are cut in half, reducing the supply of new BTC entering the market. This historically leads to price increases due to supply shock.

๐Ÿ”น Previous Halving Cycles & Their Impact

โœ… 2012: BTC went from $12 โ†’ $1,000+ in a year

โœ… 2016: BTC surged from $650 โ†’ $20,000 in 18 months

โœ… 2020: BTC soared from $8,000 โ†’ $69,000 in the following bull run

๐Ÿ”น Will History Repeat Itself?

Many analysts believe BTC could hit $100K+ post-halving if demand remains strong. However, macroeconomic factors (inflation, interest rates) could influence price movements.

๐Ÿ”น How to Prepare?

โœ” Accumulate BTC early before the hype kicks in

โœ” Diversify with altcoins that tend to pump post-halving

โœ” Stay updated on market trends & on-chain data

Do you think Bitcoin will reach $100K+ after the 2024 halving? Drop your thoughts in the comments! ๐Ÿ‘‡