The next halving of Bitcoin is expected to occur in April 2024, with the time zone reward decreasing from 6.25 BTC to 3
The next halving of Bitcoin is expected to occur in April 2024, with the time zone reward decreasing from 6.25 BTC to 3.125 BTC. Supporters of Cryptocurrency believe that this more scarce supply will help maintain the long-term value of Bitcoin,
Kevin Zhang, Senior Vice President of Mining Strategy at Foundry, a cryptocurrency mining company under DigitalCurrencyGroup, said that in order for miners to maintain the same profit margin after halving, the price of Bitcoin must rise to $50000 to $60000 next year.
Regarding the trend of Bitcoin, the bottom of the market has already appeared, and $15476 will be the bottom of this bear market.
PS: The above is only research and does not represent investment advice.
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