Will Bitcoin halving still have a bull market effect?
Answers to recent questions from readers. If you have any questions, please leave a message. We will sort them out and answer them together next time.
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Answers to recent questions from readers. If you have any questions, please leave a message. We will sort them out and answer them together next time.
The halving will not only affect the income of Bitcoin miners, but will also have a profound impact on the entire Bitcoin network, the crypto market, and regulation.
Since the birth of Bitcoin, its unique economic model and fixed supply mechanism have always been the focus of market attention.
The Bitcoin halving and Rune Protocol have promoted the active development of the Ordinal ecosystem, attracting more users and developers to participate and creating a wealth effect.
Continued increase in demand for Bitcoin could offset selling pressure, as well as reduced issuance, driving price action
Crypto asset technology continues to evolve, and the BTC halving event will further drive market development.
Halving, BTC, will the halving push the price of Bitcoin higher? Golden Finance, Bitcoin is about market timing rather than market timing.
This “scarcity” brought about by Bitcoin’s halving is more of an emotional reaction. I think even if it has an impact on the price of Bitcoin, it will only be an emotional impact, not a substantial mechanical impact.
The last Bitcoin halving took place on May 11, 2020, and the next bitcoin halving will likely occur in 2024.
The Bitcoin hash rate hit another all-time high and the 105,000th block since the last halving was mined, marking the halfway to the next halving.