Bitcoin's latest 'halving' has arrived: What you need to know
Saturday, 20 April 2024 () Bitcoin undergoes a process known as "halving," which gradually reduces the rate at which new bitcoins are generated, thereby limiting the overall supply. This method has systematically decreased the mining reward over time, aligning with the creator Satoshi Nakamoto's vision to cap the total number of bitcoins at 21 million.
As the 4th Bitcoin Halving concluded, experts have offered bold predictions for BTC’s future. Ecoinometrics, a leading crypto insights provider, has set the upper bound for the Bitcoin price in the fourth halving cycle at an astounding $4.5 million per BTC.
Join us as we delve into the intricacies of Bitcoin Halving, a pivotal event in the world of cryptocurrency and finance. Learn what Bitcoin Halving is all about, how it affects miners, and its broader..
Today, we're diving deep into the charts to uncover a hidden bullish divergence on the 4-hour timeframe for Bitcoin. Join us as we explore what this might mean for the price of Bitcoin,..