🚀 Bitcoin Halving 2024: What You Need to Know

Every 4 years or so, a crucial event shakes the cryptocurrency world: the Bitcoin halving. The last one took place in April 2024. But what does it entail, and why is it so important?

🔍 What is halving?

Halving (or “dividing by two”) is a mechanism built into the Bitcoin protocol. It reduces by half the reward given to miners for validating blocks on the blockchain.

➡️ Before April 2024: 6.25 BTC per block

➡️ Since the halving: 3.125 BTC per block

This decrease slows down the creation of new bitcoins, making the asset scarcer and potentially more valuable.

📈 Why does halving influence the price?

Halving affects the law of supply and demand:

Fewer new bitcoins issued

Demand that remains strong, or even increasing

Expected result: gradual price increase

Historically, the months following a halving have often been marked by strong bullish rallies. But be careful, nothing is guaranteed. The market remains influenced by many other factors (macroeconomics, regulation, adoption, etc.).

🧠 What should you do as an investor?

1. Stay informed: Understand how halving works and its possible effects.

2. Diversify: Never put all your funds into a single asset.

3. Keep your cool: Price movements can be violent. A long-term strategy often remains the wisest.

📊 In summary:

Halving makes Bitcoin scarcer. If demand remains strong, it can boost its price. It’s an event to closely watch for any crypto-investor.

🔔 And you, how are you preparing for the post-halving? Share your thoughts in the comments!

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