A summary of each source and my perspective, keeping in mind:
1. Cointelegraph - Bitcoin halving 2024: 5 ways it's different this time:
This article argues that unlike previous halvings, Bitcoin has already seen a significant price increase leading up to the event. This could mean a shorter wait for the post-halving price surge.
They mention some analysts are bullish, predicting Bitcoin could reach new all-time highs by the end of 2024.
2. Forbes - Bitcoin Halving 2024 – What You Need To Know:
This Forbes article provides a more neutral overview of the halving. It explains the mechanics of the halving and discusses the historical impact on price, noting past price increases but acknowledging they weren't guaranteed.
It doesn't offer specific price predictions but emphasizes the importance of considering factors like market sentiment and regulation.
3. VanEck - Bitcoin Halving Explained: History, Impact, & 2024 Predictions:
VanEck dives deeper into the history of halvings, showing how they've correlated with price increases in the past. They also offer specific predictions, with VanEck itself expecting a new all-time high for Bitcoin in late 2024.
My Perspective (not financial advice):
The halving is a significant event that could impact Bitcoin's price, but it's not a guaranteed moneymaker. The information from these sources suggests there's a chance for a price surge, but it's important to consider the various factors at play, including potential regulations and market sentiment. I am selling part of my BTC holding and hold the rest with a target of 100k.
Remember: Do your own research before investing in any high-risk asset like Bitcoin.
Modify on 2024-04-22 11:24
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