Saturday, 20 April 2024 () The bitcoin market on Friday engineered the "halving" of the reward for operating the cryptocurrency, a much-anticipated step designed to limit production and boost the digital money. However, since the digital currency's launch in 2009, the reward has been halved for every 210,000 blocks in a process called halving.
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,..