Bitcoin's 2024 Halving: Will History Repeat with a Major Price Rally?
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Past Bitcoin halvings have led to major price rallies, so many expect another rally after April 2024 halving. But past performance doesn't guarantee future results.
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Halvings reduce Bitcoin supply, theoretically increasing price if demand remains constant or rises. But demand depends on macro factors like interest rates.
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Litecoin halvings provide mixed evidence on impact of halvings on price. Its August 2022 halving didn't cause a major rally.
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Bold predictions foresee 6-figure Bitcoin prices after 2024 halving, but conservative estimates are more modest 25% gains.
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Don't rely solely on halving hype - be cautious with Bitcoin price forecasts as halving approaches.