How Will The 2024 Halving Impact BTC?
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The 2024 Bitcoin Halving is just 20 days away and analysts have provided a bullish outlook for the Bitcoin price trajectory with predictions of $100,000 by September this year.
The 2024 Bitcoin (BTC) Halving is anticipated to have significant implications for the crypto market.
Analysts have been particularly providing insights regarding its impact on Bitcoin’s price trajectory.
Insights from analysts Rekt Capital, Robert Kiyosaki, and Bitwise CEO Hunter Horsley provide valuable perspectives on this matter.
In a recent YouTube video, Rekt Capital’s analysis outlines the Bitcoin Halving phases, comparing the 2024 cycle with those of 2020 and 2016.
The pre-Halving downside phase, characterized by a pullback in the Bitcoin price, has been observed in previous cycles as well.
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