20 days for the Bitcoin halving
Hello,
In less than 20 days the daily issuance of Bitcoin will go from 900 Bitcoin a day to 450 Bitcoin a day. This is called the halving, as most of you know. But there are still some people that think this reduction is not something meaningful.
They use to say that the halving "is already priced in". Oh my god, no it isn't. This is a massive reduction of the daily issuance, 50% is HUGE.
The price will move upwards, humans are not good at managing our emotions and when the price inevitably starts moving upwards FOMO will kick in. And it will hit you really hard.
If you are reading this, you probably are ahead of the game. Most of people know the existence of Bitcoin but they have not done the work yo understand its main principles.
Have a great day!
Posted Using InLeo Alpha
I use to also think that the halving's effect on BTC will not be really noticeable, but you're right, 50% is huge
With the same demand, price will go up, but we are noticing that the demand is increasing due to ETF inflows, so the price will go up really fast.
I expect +100K before the end of 2024.
I hope $HIVE can rise to 1$ by that time.
I expect the demand to remain or even increase even after the halving. 100k looks more likely than impossible, I even expect around 110 to 120k by December. I'm hoping hive can 1$ by December, I'm banking on the BTC to really push altcoins