Why Is Bitcoin Going Up AGAIN in 2024?
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: 2012 Halving: Bitcoin's price surged approximately 9308% in 13 months. 2016 Halving: Saw a 2861% increase over 17 months. 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...