Cryptocurrency

Demystifying Bitcoin’s 2024 Halving: A Simple Explanation!



#bitcoinhalving #bitcoin2024 #cryptocurrencyexplained #bitcoin
Welcome to my channel! In this video, we unravel the intricacies of the Bitcoin Halving event set to occur in April 2024. Join us as we break down the concept into simple terms, exploring what the Bitcoin Halving is, why it’s significant, and how it impacts the cryptocurrency market. Whether you’re a seasoned investor or new to the crypto space, this concise explanation aims to provide clarity and understanding about this pivotal event.

Dive into the world of Bitcoin Halving with us and gain insights into its potential effects on the crypto landscape. Stay informed and make sure to subscribe for more straightforward explanations and updates on all things related to Bitcoin and blockchain technology.

Disclaimer: The information provided in this video is for educational and informational purposes only and should not be considered as financial advice. Please conduct thorough research or consult with a financial advisor before making any investment decisions.

So this is what Bitcoin is trading at at the moment hello and welcome it’s Stan here so Bitcoin is trading at now at 42,1 123 and it’s changing constantly because the markets for crypto and Bitcoin are always open so this is the one minute time frame 42,1 so you’re wondering the reason it

Clicked on this video was to an explanation of what Bitcoin Haven is about so I’ll just give you a quick rundown of what Bitcoin having will mean and the possibilities for crypto as of April 2024 or around that time Bitcoin having is expected to occur in April 2024 when the number of blocks

Hits 740,000 the reward for mining a block will be reduced from 6.25 Bitcoin to 3.25 Bitcoin so that’s what the having really means the having event is significant because it reduces es the supply of new Bitcoins generated per block which usually leads to higher prices due to steady demand according to

Recent prediction Bitcoin is expected to trade at 46,9 as of April the 12th 2024 and then experience a 50% increase one month after the having reaching reaching 7,200 now that would be an alltime high for Bitcoin it has traded around 65,000 about 2 years ago but it hasn’t

Hit ,000 to the best of my knowledge so it is expected to continue rallying to new all-time highs of approximately 170,000 5,000 however it is important to note that these predictions are not guaranteed and are subject to change and like I invested in Bitcoin there on the

20th of December I put in just around 100 euro and it was trading at 44,6 190 that time 10 days later it’s trading as I showed you there it’s around 40 just around 4 42,000 so it has dropped and I’m down about 5589 5590 at the moment like I have my

Stop- loss set 10 if if it goes down by 10 I’m out of that trade that’s why you have nothing is guaranteed in the stock market Bitcoin crypto Forex any of them so that’s why you just have to be very careful so I urge caution and uh yeah I

Want to wish you a happy New Year as well in advance thanks for watching and take care

2 Comments

  1. I respect your work mate. TA is good but I find it truly baffling that all major crypto youtubers just look at pure T.A and completely Ignore the bigger narrative of why BTC Is pumping and why the future outlook might not be as rosy as it seems. It's kinda irresponsible to ignore the fact that each ETF launch so far has caused a major pump at the peaks of BTC.. We were already on shaky footing with historically low volume and almost pure whale pumps, narrowly avoiding a long-term bear market. more emphasis should be put into day trading as It is less affected by the unpredictable nature of the Market.. I have made over 11btc from day trading with Greg Nelson, insights and signals in less than 3 weeks, this is one of the Best medium to backup your assets incase it goes bearish..

  2. Wishing everyone a very joyful Merry Christmas & a very happy New Year 2024 on this awesome channel. Thank You so much for the support as always cheersπŸ˜‰πŸ‘πŸ‘πŸ˜πŸ€©πŸ˜ŽπŸ™πŸ˜‡

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