Bitcoin Halving Countdown: Will the Market Enter a New Bull Market?
Bitcoin is set to experience its fourth halving in April 2024, with the block reward decreasing from 6.25 BTC to 3.125 BTC. Historical data shows that halvings are usually accompanied by bull markets, with BTC prices rising over 1000% within 12 months after the first three halvings. The market generally expects this halving to once again push up the coin price, but attention should be paid to short-term miner sell pressure and macroeconomic factors. Investors can focus on mining company stocks (such as MARA, RIOT) and the fund flows of Bitcoin ETFs to position themselves in advance.