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An Insight Into The Bitcoin Halving; Bullish?


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With the Bitcoin halving approaching, there's been alot of optimism shown by crypto enthusiasts all over the world.

Per Bitget's study of the halving event, crypto savvy climes like Asia, Latin America, East Europe et al have shown a clear stance that the halving event will propel $BTC's growth far exceeding its previous all time high. Clearly, this holds good for the general market sentiment.

In line with the platform's research, deeper insight has been given as to how and why the halving will catalyse the price of BTC positively. Taking a cue from historical data, the study shows Bitcoin often moves exponentially upon every halving.

After critically reading the study, I must say I'm bullish on the halving long term, 2024-2025 would be amazing years in crypto, I share in the optimism as etched and found in the study.

 

 

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I'm genuinely excited about the upcoming Bitcoin halving, and the global optimism reflected in Bitget's study is also reassuring. The clear stance from crypto-savvy regions above, predicting significant growth for $BTC beyond its previous all-time high, aligns with my positive outlook.

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The positive sentiments from global enthusiasts as halving nears further highlights what we already know that crypto is here to stay. Think about it, the industry has been dealt with perilous hurdles that could potentially shut down other industries, crypto industry however has stood tall amidst it all with diehard enthusiasts who remain bullish

Edited by Incarts
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2 hours ago, Incarts said:

The positive sentiments from global enthusiasts as halving nears further highlights what we already know that crypto is here to stay. Think about it, the industry has been dealt with perilous hurdles that could potentially shut down other industries, crypto industry however has stood tall amidst it all with diehard enthusiasts who remain bullish

You correct as I'm proud to be one of the die hard enthusiast & the implementation of BTC spot ETF will even spur its price to greater heights imho. 

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21 hours ago, MetaverseLawyer said:

With the Bitcoin halving approaching, there's been alot of optimism shown by crypto enthusiasts all over the world.

Per Bitget's study of the halving event, crypto savvy climes like Asia, Latin America, East Europe et al have shown a clear stance that the halving event will propel $BTC's growth far exceeding its previous all time high. Clearly, this holds good for the general market sentiment.

In line with the platform's research, deeper insight has been given as to how and why the halving will catalyse the price of BTC positively. Taking a cue from historical data, the study shows Bitcoin often moves exponentially upon every halving.

After critically reading the study, I must say I'm bullish on the halving long term, 2024-2025 would be amazing years in crypto, I share in the optimism as etched and found in the study.

 

 

The research conducted by finder.com is also in line with the Bitget survey and this is really a confident booster for me heading into the halving. 2024 might yet be another year crypto millionaires will be raised.

https://www.finder.com/bitcoin-btc-price-prediction

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On 06/02/2024 at 03:23, gandalf03 said:

You correct as I'm proud to be one of the die hard enthusiast & the implementation of BTC spot ETF will even spur its price to greater heights imho. 

But we shouldn't expect that before march .. A correction is imminent,the chart says so! Maybe 46k & rejection...

IMG_20240207_232841.jpg

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