$BTC $BTC
On April 20, 2024, Bitcoin completed its 4th halving, reducing miner rewards from 6.25 BTC to 3.125 BTC. Historically, halvings reduce the supply of BTC and trigger significant bull runs.
Let's look back:
2012 Halving: BTC went from $12 to $1,000
2016 Halving: $650 to $2,500+
2020 Halving: $8,500 to $60,000
In 2024, BTC is already trading above $70,000, with increasing demand from spot ETFs like BlackRock and Fidelity. These institutions are buying more BTC than miners can supply.
Why this halving is different:
First halving with active spot ETFs
Record institutional accumulation
On-chain data shows that HODLers are not selling
Price Predictions:
Standard Chartered: $120K
PlanB S2F Model: $150K
Cathie Wood: $1M long term
Strategy for 2025:
DCA into BTC
Accumulate strong altcoins like ETH, SOL
Keep an eye on altcoin rotation (usually follows a BTC increase)
Conclusion: The 2024 halving could be the strongest yet. If history repeats itself, we are entering a powerful bull market phase. Accumulate wisely. 🚀
