The recent French news channelBFM said the halving is « to divide by 2 the value of Bitcoin » 😂
The recent French news channel discussing the Bitcoin halving. There seems to be a common misconception that the halving is there to divide the value of Bitcoin to encourage demand. But that's not true! In fact, halving instantly multiplies the value of Bitcoin, not divides it.
It's important to note that yesterday BlackRock bought 8,150 BTC while the price was above $70,000! While many people are selling, they are buying. So, it's essential to understand that halving is a significant event that happens every four years, reducing the supply of Bitcoin and increasing its scarcity. This scarcity leads to an increase in demand and ultimately multiplies its value.
So, don't be misled by mainstream media and start realizing the true potential of Bitcoin. Keep an eye on the upcoming halving event and make informed decisions. That's all for today, guys. Stay tuned for more exciting updates on cryptocurrencies and blockchain technology.
