Bitcoin Halving Countdown: The Starting Point of a New Bull Market?

In April 2024, Bitcoin will experience its fourth halving, reducing the block reward from 6.25 BTC to 3.125 BTC. Historical data shows that halving is usually accompanied by a bull market, but market cycles are gradually extending. Miners face profit pressure, which may accelerate industry consolidation. Investors need to pay attention to supply and demand changes, but should be wary of short-term pullback risks.

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