The post-halving rallies, with historical gains of
+12,700% (2012),
+400% (2016), and
+700% (2020),
projecting a potential +250% increase for 2024, aligning with Bitcoin's halving mechanics that reduce block rewards by 50% every four years, historically driving price surges due to reduced supply.
Bitcoin halving, actually - cuts the issuance of new coins, increasing scarcity; with only 1.3 million Bitcoins left to mine as of May 2024, past trends show slow, sustained price increases post-halving, though the post’s 250% projection for 2024 lacks specific data backing and assumes consistent market behavior.
The chart’s insights that post-halving rallies often outpace pre-halving gains, yet this cycle’s unique dynamics—like broader adoption and potential market saturation—may alter outcomes, making the projected 250% rally speculative without accounting for external economic factors or miner consolidation pressures. $BTC $ETH $AVAX
#BitcoinHalving #TradeStories
🇬🇧🤝🇮🇳 UK & India Seal Landmark Trade Deal After 3 Years!
A major breakthrough in global trade! The UK and India have finally agreed to a landmark trade deal after years of negotiations — hailed as the biggest UK trade pact since Brexit, according to PM Keir Starmer.
🛍️ Key Highlights:
India to slash tariffs on 🇬🇧 gin, whisky, cosmetics, food, medical devices, electricals, and aircraft parts.
UK to reduce levies on 🇮🇳 clothes, footwear, and food products.
Deal expected to boost UK GDP by £4.8 billion
🌐 A new era of UK-India trade begins, opening up fresh opportunities for businesses on both sides!
$BTC 2hr Chart Analysis
Bitcoin just activated a double top formation — a classic pattern signaling potential trend reversal. After forming two clear peaks near $98,000, price rejected the top and dropped to $93,000, completing the neckline test.
But here’s the twist…
BTC bounced back hard, flipping $94,000–$95,000 into support and is now climbing toward retesting that $98K zone.
🔸️ Key levels
Resistance: $98,000 (double top zone)
Support: $94,000–$95,000
Confirmation: Break above $98,000 invalidates the pattern and may trigger a breakout rally.
A decisive move either way will set the tone — keep eyes on that $98K retest!