Over the past five years,we know bitcoin has plummeted more than 40% on four separate occasions.In 2024,We see this grand occasion again.
And also,Ethereum Maybe Could Top $14,000 Next Year Alongside Bitcoin Boom(Standard Chartered)
So what's driving the bitcoin surge?
The halving occurs every four years, cutting the reward for mining new blocks in half. The next halving will reduce rewards from 6.25 to 3.125 BTC.
Historical Price Impacts:
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2012 Halving: Bitcoin's price surged approximately 9308% in 13 months.
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2016 Halving: Saw a 2861% increase over 17 months.
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2020 Halving: Resulted in a 620% increase in 11 months.
Based on some napkin math the BTC can reach a 162% price increase post-halving, with the peak expected around 420 days (14 months).
So what do you think will happen after the 2024 halving?
We have reason to believe that the masters behind Bitcoin are planning a huge conspiracy! Some people may be tired of this era of using gold as the base currency, just like when gold replaced silver! If this is the case, what should we do?
Since the government can print banknotes at will, the meaning of money has actually changed. It has become impure and unclean! It was completely kidnapped by the devil!
We all know,Satoshi intended for Bitcoin to be a peer-to-peer electronic cash system and now it is considered a store of value.
Many people think when the crypto ETFs by the big fiat names were announced, it became clear that the idea of Satoshi is dead.Do you think so?
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