btcpricedropaft

Renowned pseudonymous crypto trading expert PlanB announced back in October that “the next Bitcoin halving is coming, and IMO it will again pump BTC,” while posting the chart analysis of the decentralized finance DeFi asset’s previous price movements and future predictions. At the end of the day, I do think the halving will have a significant positive impact on the digital coin's price. But I'm rethinking how much of an impact. Just based on the simple mathematics involved, it seems like every halving from here on out is going to have less and less impact on the price of the crypto. I'm still bullish on Bitcoin, but I am pumping the brakes when it comes to price forecasts for 2024. The first Bitcoin halving was a significant milestone, coming just three years after Bitcoins launch. This event set the precedent for future halvings. While it was a moment of intrigue within the crypto community, the wider world was still acquainting itself with the concept of Bitcoin. In the aftermath of this halving, Bitcoins price experienced a steady ascent, signaling the potential for future price surges.