LIVECZ NEW ATH BITCOIN PREDICTION ???
Based on his experience in the last three Bitcoin halvings, CZ outlined a possible series of events. First, in the months leading up to the halving, there will be increased conversation, news, anxiety, and expectations surrounding the price of Bitcoin. After the halving occurs, prices will not necessarily skyrocket overnight, this may raise questions from the public about why a price spike does not occur in the near future.
in the year following the halving, Bitcoin could potentially reach an all-time high. Could the halving happen sooner?
But CZ is cautious, noting that while there appears to be a pattern, "history does NOT predict the future." Additionally, he emphasized that the direct causation between the halving and the price spike has not been definitively proven. Amidst the rumors surrounding the halving, there is also speculation about whether the halving will happen sooner than expected. This speculation was fueled in part by Bitcoin's increasing hashrate, or the computational effort used to secure the network.
Some in the community argue that this could mean an acceleration of half the schedule. However, Bitcoin's algorithm is designed to prevent significant changes in the halving timeline by adjusting mining difficulty based on various external factors, ensuring that blocks continue to be mined approximately every 10 minutes.
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