🚀💹💰 The 4th Bitcoin Halving Is Over And Now We Take A Closer Look
Right before the halving, Bitcoin dropped a bit from $64,000 to $63,000, only to bounce back to $63,900 immediately after the event.
This price disturbance was accompanied by a 40% spike in trading volume, reaching a whopping $50 billion. It's been a wild ride, showing how the halving events have stirred excitement, speculation, and many crystal balls about future price trends.
The king remains on his throne—limited supply, dominating the market, boasting the highest market capitalization—nothing has changed there. 👑
Bitcoin halvings are not new, but they are still a hot topic of discussion among investors and analysts.
These events, designed to cut rewards for mining new blocks, also cut the supply of new bitcoins hitting the market. Historically, previous halvings have ushered in major price increases 📈 for Bitcoin. 📚🔎🤔
Now, with growing institutional interest and regulatory changes shaping the market, we are in for a fascinating ride to see whether history will repeat itself.